Elecon Peripherals Limited

Manufacturer of industrial freewheels, clutches, brakes, and engineering goods.

1998 | Anand, Gujarat (India) | Active
Last Updated:

Elecon Peripherals Profile

Key Indicators

  • Authorised Capital ₹ 2.50 Cr
  • Paid Up Capital ₹ 10.00 K
  • Company Age 26 Year, 9 Months
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 11.04 Cr
  • Revenue Growth 45.28%
  • Profit Growth 222.58%
  • Ebitda 184.68%
  • Net Worth 61.77%
  • Total Assets 50.28%

About Elecon Peripherals

Elecon Peripherals Limited (EPL) is a leading Public Limited Indian Non-Government Company incorporated in India on 08 June 1998 and has a history of 26 years and nine months. Its registered office is in Anand, Gujarat, India.

The Corporate was formerly known as Ringspann Elecon (India) Limited. The Company is engaged in the Automotive 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 2.50 Cr and a paid-up capital of Rs 10.00 K .

The company has closed loans amounting to ₹11.04 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Prayasvin Patel, Ravin Shah, and Dineshbhai Patel serve as directors at the Company.

Company Details

  • Location

    Anand, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U29224GJ1998PLC034233

  • Company No.

    034233

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    08 Jun 1998

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Automotive

What products or services does Elecon Peripherals Limited offer?

Elecon Peripherals Limited offers a wide range of products and services, including Gearbox, Axle, Sprocket & Gear Parts, Industrial Gearboxes, Industrial Gears, Automotive Gears, Power Transmission Tools & Couplings, Mechanical Drives, Marine Fittings, Marine Gearboxes, Planetary Gearbox, Heli-worm Gear Unit.

Who are the key members and board of directors at Elecon Peripherals?

Board Members (3)

NameDesignationAppointment DateStatus
Prayasvin Patel Country flag representing In Director 02-Aug-2011Current
Ravin Shah Country flag representing In Director 01-Jun-2020Current
Dineshbhai Patel Country flag representing Gb Director 30-Jan-2006Current

Financial Performance of Elecon Peripherals.

Elecon Peripherals Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 45.28% increase. The company also saw a substantial improvement in profitability, with a 222.58% increase in profit. The company's net worth Soared by an impressive increase of 61.77%.

Elecon Peripherals revenue growth over time
Elecon Peripherals 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
45.28%
Revenue from Operations
45.01%
Total Assets
50.28%
Profit or Loss
222.58%
Net Worth
61.77%
EBITDA
184.68%

What is the Ownership and Shareholding Structure of Elecon Peripherals?

In 2022, Elecon Peripherals had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹11.04 Cr

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 7.13 Cr
  • State Bank Of India : 3.17 Cr
  • State Bank Of Saurashtra : 0.50 Cr
  • Bank Of Baroda : 0.24 Cr

Latest Charge Details

DateLenderAmountStatus
21 Mar 2016Axis Bank Limited₹3.50 CrSatisfied
04 Dec 2009State Bank Of India₹3.17 CrSatisfied
28 Feb 2005State Bank Of Saurashtra₹5.00 MSatisfied
27 Nov 2003Axis Bank Limited₹3.63 CrSatisfied
06 Apr 2002Bank Of Baroda₹2.40 MSatisfied

How Many Employees Work at Elecon Peripherals?

Elecon Peripherals has a workforce of 31 employees as of Mar 27, 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 Elecon Peripherals Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Elecon Peripherals, 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 Elecon Peripherals'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 Elecon Peripherals

Recent activity within the organization

  • Annual General Meeting

    Elecon Peripherals Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Balance Sheet

    Elecon Peripherals Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.

  • Charges

    A charge registered on 21 Mar 2016 via Charge ID 100017944 with Axis Bank Limited was fully satisfied on 15 Dec 2021.

  • Director Appointment

    Ravin Ramanlal Shah was appointed as a Director was appointed as a Director on 01 Jun 2020 & has been associated with this company since 4 years 9 months .

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 3.50 Cr with Charge ID 100017944 was registered on 21 Mar 2016.

  • Charges

    A charge registered on 06 Apr 2002 via Charge ID 90105153 with Bank Of Baroda was fully satisfied on 30 Sep 2014.

Frequently asked questions

  • What is the Incorporation or founding date of Elecon Peripherals Limited?

    Elecon Peripherals Limited was incorporated on 08 Jun 1998.

  • What is authorized share capital and paid-up capital of Elecon Peripherals Limited?

    The authorized share capital of Elecon Peripherals Limited is ₹ 2.50 Cr and paid-up capital is ₹ 10.00 K .

  • Who are the current board members & directors of Elecon Peripherals Limited?

    Currently 3 directors are associated with Elecon Peripherals Limited.

    • Prayasvin Patel
    • Ravin Ramanlal Shah
    • Dineshbhai Manubhai Patel

  • What is the registered address of Elecon Peripherals Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Elecon Peripherals Limited is Anand-Sojitra Road India, Vallabh Vidyanagar, Gujarat, 388120.

  • What is the corporate identification number (CIN) and company number of Elecon Peripherals Limited?

    The corporate identification number (CIN) of Elecon Peripherals Limited is U29224GJ1998PLC034233 and the company number is 034233 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Elecon Peripherals Limited?

    The Official website of Elecon Peripherals Limited is https://www.emtici.co.in

  • What has been the recent revenue trend for Elecon Peripherals Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Elecon Peripherals Limited has risen by 45.28%.

  • How many employees does Elecon Peripherals Limited currently have?

    As Per 2023 financial reports, 31 employees are currently employed by Elecon Peripherals Limited.

  • What change has been observed in the net worth of Elecon Peripherals Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Elecon Peripherals Limited has experienced an upsurge of 61.77%.

  • When was the last Balance Sheet of Elecon Peripherals Limited filed with the ROC?

    The most recent Balance Sheet for Elecon Peripherals Limited was filed with the ROC on 31 Mar 2024.

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