Coromandel Electric Company Limited

Electric company generating and supplying power to captive consumers and selling surplus power to third parties.

1997 | Chennai, Tamil Nadu (India) | Active
Last Updated:

Coromandel Electric Company Profile

Key Indicators

  • Authorised Capital ₹ 23.00 Cr
  • Paid Up Capital ₹ 7.00 M
  • Company Age 27 Year, 9 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 nine 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

Energy and Power

Who are the key members and board of directors at Coromandel Electric Company?

Board Members (7)

NameDesignationAppointment DateStatus
Sandhya Rajan Country flag representing In Director 22-Feb-2024Current
Rakesh Singh Country flag representing In Director 09-Aug-2016Current
Rupa Gurunath Country flag representing In Director 31-Mar-2008Current
Lakshmiaparna Sreekumar Country flag representing In Director 22-Feb-2024Current
Subramanian Palaniappan Country flag representing In Director 05-May-2005Current
Narayanaswamy Srinivasan Country flag representing In Director 24-Jul-2003Current

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%.

Coromandel Electric Company revenue growth over time
Coromandel Electric Company profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
25.52%
Revenue from Operations
29.78%
Total Assets
2.43%
Profit or Loss
40.12%
Net Worth
9.82%
EBITDA
41.91%

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.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹30.00 Cr

Satisfied Charges

₹69.68 Cr

Charges Breakdown by Lending Institutions

  • Idbi Bank Limited : 30.00 Cr

Latest Charge Details

DateLenderAmountStatus
06 Jul 2010Idbi Bank Limited₹30.00 CrOpen
11 Apr 2011Idbi Bank Limited₹3.10 CrSatisfied
07 May 2010Idbi Bank Limited₹12.00 CrSatisfied
30 Jul 2005Infrastructure Development Finance Company Limited₹14.00 CrSatisfied
14 May 2005Industrial Development Bank Of India Limited₹20.00 CrSatisfied

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.

Employee growth trends for Coromandel Electric Company Limited

Deals i

Graph showing company valuation over time

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

Graph displaying rating trends over time

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

Alert Indicator

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.

Latest Updates, News, and FAQs on Coromandel Electric Company

Recent activity within the organization

  • Annual General Meeting

    Coromandel Electric Company Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Balance Sheet

    Coromandel Electric Company Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.

  • Director Appointment

    Sandhya Rajan was appointed as a Director was appointed as a Director on 22 Feb 2024 & has been associated with this company since 1 year 9 days .

  • Director Appointment

    Lakshmiaparna Sreekumar was appointed as a Director was appointed as a Director on 22 Feb 2024 & has been associated with this company since 1 year 9 days .

  • Charges

    A charge with Idbi Bank Limited of Rs. 30.00 Cr registered on 06 Jul 2010 with Charge ID 10230609 was modified on 16 Aug 2022.

  • Director Appointment

    Karuppannan Palaniappan Salem was appointed as a Director was appointed as a Director on 27 Apr 2022 & has been associated with this company since 2 years 10 months .

Frequently asked questions

  • What is the Incorporation or founding date of Coromandel Electric Company Limited?

    Coromandel Electric Company Limited was incorporated on 19 May 1997.

  • What is authorized share capital and paid-up capital of Coromandel Electric Company Limited?

    The authorized share capital of Coromandel Electric Company Limited is ₹ 23.00 Cr and paid-up capital is ₹ 7.00 M.

  • Who are the current board members & directors of Coromandel Electric Company Limited?

    Currently 7 directors are associated with Coromandel Electric Company Limited.

    • Rupa Gurunath
    • Rakesh Singh
    • Sandhya Rajan
    • Lakshmiaparna Sreekumar
    • Subramanian Palaniappan
    • Narayanaswamy Srinivasan
    • Karuppannan Palaniappan Salem

  • What is the registered address of Coromandel Electric Company Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Coromandel Electric Company Limited is 'Dhun Building' 827, Anna Salai India, Chennai, Tamil Nadu, 600002.

  • What is the corporate identification number (CIN) and company number of Coromandel Electric Company Limited?

    The corporate identification number (CIN) of Coromandel Electric Company Limited is U45207TN1997PLC038219 and the company number is 038219 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Coromandel Electric Company Limited?

    According to the financial reports for the fiscal year 2022, the revenue trend for Coromandel Electric Company Limited has risen by 25.52%.

  • How many employees does Coromandel Electric Company Limited currently have?

    As Per 2022 financial reports, 61 employees are currently employed by Coromandel Electric Company Limited.

  • What change has been observed in the net worth of Coromandel Electric Company Limited, and by what percentage?

    The financial reports for the fiscal year 2022 indicates that The net worth of Coromandel Electric Company Limited has experienced an upsurge of 9.82%.

  • What are the total open charges for Coromandel Electric Company Limited?

    As per the financial statements for fiscal Year 2022, The total open charges for Coromandel Electric Company Limited amount to ₹ 30.00 Cr.

  • When was the last Balance Sheet of Coromandel Electric Company Limited filed with the ROC?

    The most recent Balance Sheet for Coromandel Electric Company Limited was filed with the ROC on 31 Mar 2024.

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