Coromandel Electric Company Profile
Key Indicators
- Authorised Capital ₹ 23.00 Cr
- Paid Up Capital ₹ 7.00 M
- Company Age 27 Year, 8 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 30.00 Cr
- Satisfied Charges ₹ 69.68 Cr
- Revenue Growth 25.52%
- Profit Growth 40.12%
- Ebitda 41.91%
- Net Worth 9.82%
- Total Assets 2.43%
About Coromandel Electric Company
Coromandel Electric Company Limited (CECL) is a leading Public Limited Indian Non-Government Company incorporated in India on 19 May 1997 and has a history of 27 years and eight months. Its registered office is in Chennai, Tamil Nadu, India.
The Company is engaged in the Energy And Power Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 23.00 Cr and a paid-up capital of Rs 7.00 M.
The company currently has active open charges totaling ₹30.00 Cr. The company has closed loans amounting to ₹69.68 Cr, as per Ministry of Corporate Affairs (MCA) records.
Rupa Gurunath, Rakesh Singh, Sandhya Rajan, and Four other members serve as directors at the Company.
Company Details
- Location
Chennai, Tamil Nadu, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
-
- Social Media-
Corporate Identity Details
- CIN/LLPIN
U45207TN1997PLC038219
- Company No.
038219
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
19 May 1997
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Chennai
Industry
Who are the key members and board of directors at Coromandel Electric Company?
Board Members (7)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Sandhya Rajan  | Director | 22-Feb-2024 | Current |
| Rakesh Singh | Director | 09-Aug-2016 | Current |
| Rupa Gurunath | Director | 31-Mar-2008 | Current |
| Lakshmiaparna Sreekumar | Director | 22-Feb-2024 | Current |
| Subramanian Palaniappan | Director | 05-May-2005 | Current |
| Narayanaswamy Srinivasan | Director | 24-Jul-2003 | Current |
Financial Performance of Coromandel Electric Company.
Coromandel Electric Company Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 25.52% increase. The company also saw a substantial improvement in profitability, with a 40.12% increase in profit. The company's net worth moved up by a moderate rise of 9.82%.
- Key Matrics
- Balance Sheet
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What is the Ownership and Shareholding Structure of Coromandel Electric Company?
In 2022, Coromandel Electric Company had a promoter holding of 50.14% and a public holding of 49.86%. The company had 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
India Cements Capital LimitedSandhya Rajan and Lakshmiaparna Sreekumar are mutual person
- India Cements Investment Services Limited
Lakshmiaparna Sreekumar is a mutual person
Easyaccess Financial Services LimitedSandhya Rajan is a mutual person
Coromandel Sugars LimitedRupa Gurunath, Rakesh Singh and 3 more are mutual person
The India Cements LimitedRupa Gurunath, Sandhya Rajan and 2 more are mutual person
- India Cements Infrastructures Limited
Rupa Gurunath, Rakesh Singh and 2 more are mutual person
Charges (Loans)
₹30.00 Cr
₹69.68 Cr
Charges Breakdown by Lending Institutions
- Idbi Bank Limited : 30.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 06 Jul 2010 | Idbi Bank Limited | ₹30.00 Cr | Open |
| 11 Apr 2011 | Idbi Bank Limited | ₹3.10 Cr | Satisfied |
| 07 May 2010 | Idbi Bank Limited | ₹12.00 Cr | Satisfied |
| 30 Jul 2005 | Infrastructure Development Finance Company Limited | ₹14.00 Cr | Satisfied |
| 14 May 2005 | Industrial Development Bank Of India Limited | ₹20.00 Cr | Satisfied |
How Many Employees Work at Coromandel Electric Company?
Coromandel Electric Company has a workforce of 61 employees as of Apr 07, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Coromandel Electric Company, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Coromandel Electric Company's trajectory.
Rating
Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.
Alerts
Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.
