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Current Electricals Limited

Manufacturer of transformers and other electrical products for various clients since 1972.
1972 | Chennai, Tamil Nadu (India) | Active

Last Updated:

July 16, 2024
HomeCompanyCurrent Electricals Limited

Who are the key members and board of directors at Current Electricals?

Executive Team (1)

NameDesignationAppointment DateStatus
Ketan Bagadia InManaging Director01-Dec-2003Current

Board Members(2)

NameDesignationAppointment DateStatus
Ramaswamy Srinivasan In Additional Director 24-Jul-2020Current
Hiren Botadra In Whole-Time Director 01-Dec-2003Current

Financial Performance and Corporate Structure Insights of Current Electricals.

Current Electricals Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 93.8% decrease. The company also saw a substantial improvement in profitability, with a 16.56% increase in profit. The company's net worth dipped by a decrease of 9.06%.

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Profit Loss Graph
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metric
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
-93.80%
Revenue from Operations
Total Assets
-0.31%
Profit or Loss
16.56%
Net Worth
-9.06%
EBITDA
17.03%

Related Corporates (Common Directorship)

Charges (Loans)

Open Charges

₹18.75 Cr

LenderAmountStatus

Canara Bank

Creation Date: 20 Dec 2017
₹10.00 CrOpen

Axis Bank Limited

Creation Date: 28 Dec 2006
₹8.75 CrOpen

How Many Employees Work at Current Electricals?

Current Electricals has a workforce of 31 employees as of Apr 05, 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.

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Latest Updates, News, and FAQs on Current Electricals

Recent activity within the organization

  • Annual General Meeting

    Current Electricals Limited last Annual general meeting of members was held on 30 Sep 2022 as per latest MCA records.

    30 Sep 2022

  • Balance Sheet

    Current Electricals Limited has filed its annual Financial statements for the year ended 31 Mar 2022 with Roc Chennai.

    31 Mar 2022

  • Director Appointment

    Ramaswamy Srinivasan was appointed as a Additional Director was appointed as a Additional Director on 24 Jul 2020 & has been associated with this company since 4 years 4 months .

    24 Jul 2020

  • Charges

    A charge with Canara Bank amounted to Rs. 10.00 Cr with Charge ID 100183098 was registered on 20 Dec 2017.

    20 Dec 2017

  • Charges

    A charge with Axis Bank Limited of Rs. 8.75 Cr registered on 28 Dec 2006 with Charge ID 10037775 was modified on 26 Mar 2009.

    26 Mar 2009

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 8.75 Cr with Charge ID 10037775 was registered on 28 Dec 2006.

    28 Dec 2006

Frequently asked questions

  • Current Electricals Limited was incorporated on 24 Nov 1972.

  • The authorized share capital of Current Electricals Limited is ₹ 5.50 Cr and paid-up capital is ₹ 3.51 Cr.

  • Currently 3 directors are associated with Current Electricals Limited.

    • Ketan Chhotalal Bagadia
    • Ramaswamy Srinivasan
    • Hiren Mahendra Botadra
  • As per Ministry of Corporate Affairs (Mca), the registered address of Current Electricals Limited is Survey No.184/2 & 213 Thirumudivakkam Village (Near Sidco), Chennai, Tamil Nadu, India, 600044.

  • The corporate identification number (CIN) of Current Electricals Limited is U31901TN1972PLC006253 and the company number is 006253 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Current Electricals Limited is https://www.nesl.in

  • According to the financial reports for the fiscal year 2022, the revenue trend for Current Electricals Limited has fallen by -93.80%.

  • As Per 2022 financial reports, 31 employees are currently employed by Current Electricals Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Current Electricals Limited has experienced an downturn of -9.06%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Current Electricals Limited amount to ₹ 18.75 Cr.

  • The most recent Balance Sheet for Current Electricals Limited was filed with the ROC on 31 Mar 2022.

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