Electra Accumulators Limited

Manufacturer of automotive, tubular, and solar batteries with ISO certification and wide distribution network.

2009 | Valsad, Gujarat (India) | Inactive
Last Updated: January 17, 2025

Electra Accumulators Profile

Key Indicators

  • Authorised Capital ₹ 15.00 Cr
  • Paid Up Capital ₹ 7.65 Cr
  • Company Age 15 Year, 8 Months
  • Last Filing with ROC 31 Mar 2018
  • Open Charges ₹ 24.58 Cr
  • Satisfied Charges ₹ 11.15 Cr
  • Revenue Growth 42.10%
  • Profit Growth 643.97%
  • Ebitda 164.35%
  • Net Worth 55.07%
  • Total Assets 49.45%

About Electra Accumulators

Electra Accumulators Limited (EAL) is Dissolved (Liquidated) company established on 26 May 2009 with its office registered at Valsad, Gujarat, India and has been running since 15 Year, 8 Months with a paid up capital of 7.65 Cr. According to MCA records, 3 Directors and 1 Signatories are linked to this company as of 17 Jan 2025.

Company Details

  • Location

    Valsad, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    electrabatteries.in

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U29100GJ2009PLC057053

  • Company No.

    057053

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    26 May 2009

  • Date of AGM

    23 Aug 2018

  • Date of Balance Sheet

    31 Mar 2018

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Energy and Power

What products or services does Electra Accumulators Limited offer?

Electra Accumulators Limited offers a wide range of products and services, including Heavy Vehicle Battery, Truck Battery, Automotive Battery, Exide Heavy Vehicle Battery, Batteries, Tubular Battery, Solar Battery, Exide Solar Battery, Solar Tubular Battery.

Who are the key members and board of directors at Electra Accumulators?

Executive Team (2)

Name Designation Appointment Date Status
Bhaumik Sanghvi Country flag representing In CFO 01-Apr-2018 Current
Chetan Sanghvi Country flag representing In Managing Director 26-May-2009 Current

Board Members (2)

Name Designation Appointment Date Status
Bhaumik Sanghvi Country flag representing In Whole-Time Director and Cfo 10-Jun-2013 Current
Umesh Varma Country flag representing In Additional Director 04-Feb-2019 Current

Financial Performance of Electra Accumulators.

Electra Accumulators Limited, for the financial year ended 2018, experienced significant growth in revenue, with a 42.1% increase. The company also saw a substantial improvement in profitability, with a 643.97% increase in profit. The company's net worth Soared by an impressive increase of 55.07%.

Graph illustrating revenue growth over time
Graph showing 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
42.10%
Revenue from Operations
42.20%
Total Assets
49.45%
Profit or Loss
643.97%
Net Worth
55.07%
EBITDA
164.35%

What is the Ownership and Shareholding Structure of Electra Accumulators?

In 2018, Electra Accumulators had a promoter holding of 99.44% and a public holding of 0.56%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹24.58 Cr

Satisfied Charges

₹11.15 Cr

Charges Breakdown by Lending Institutions

  • Others : 23.88 Cr
  • Reliance Capital Ltd : 0.50 Cr
  • Dewan Housing Finance Corporation Limited : 0.21 Cr

Latest Charge Details

Date Lender Amount Status
20 Feb 2018 Others ₹3.55 M Open
30 Sep 2017 Others ₹1.00 Cr Open
28 Mar 2015 Dewan Housing Finance Corporation Limited ₹2.06 M Open
05 Jun 2014 Others ₹22.52 Cr Open
31 Jan 2014 Reliance Capital Ltd ₹1.09 M Open

How Many Employees Work at Electra Accumulators?

Electra Accumulators has a workforce of 132 employees as of Apr 04, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Electra Accumulators, 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 Electra Accumulators'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 Electra Accumulators

Recent activity within the organization

  • Director Appointment

    Umesh Mahesh Varma was appointed as a Additional Director was appointed as a Additional Director on 04 Feb 2019 & has been associated with this company since 6 years 10 days .

    04 Feb 2019

  • Annual General Meeting

    Electra Accumulators Limited last Annual general meeting of members was held on 23 Aug 2018 as per latest MCA records.

    23 Aug 2018

  • Charges

    A charge registered on 18 Oct 2013 via Charge ID 10463894 with Intec Capital Limited was fully satisfied on 04 Jul 2018.

    04 Jul 2018

  • Charges

    A charge registered on 03 Dec 2013 via Charge ID 10465181 with Electronica Finance Limited was fully satisfied on 18 Jun 2018.

    18 Jun 2018

  • Charges

    A charge registered on 29 Apr 2013 via Charge ID 10423288 with Electronica Finance Limited was fully satisfied on 18 Jun 2018.

    18 Jun 2018

  • Charges

    A charge registered on 31 Dec 2012 via Charge ID 10396398 with Electronica Finance Limited was fully satisfied on 18 Jun 2018.

    18 Jun 2018

Frequently asked questions

  • Electra Accumulators Limited was incorporated on 26 May 2009.

  • The authorized share capital of Electra Accumulators Limited is ₹ 15.00 Cr and paid-up capital is ₹ 7.65 Cr.

  • Currently 4 directors are associated with Electra Accumulators Limited.

    • Bhaumik Chetan Sanghvi
    • Bhaumik Chetan Sanghvi
    • Umesh Mahesh Varma
    • Chetan Shantilal Sanghvi
  • As per Ministry of Corporate Affairs (Mca), the registered address of Electra Accumulators Limited is 19 Mahavir Nagar N.H. No: 8, India, Vapi, Gujarat, 396195.

  • The corporate identification number (CIN) of Electra Accumulators Limited is U29100GJ2009PLC057053 and the company number is 057053 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Electra Accumulators Limited is https://www.electrabatteries.in

  • According to the financial reports for the fiscal year 2018, the revenue trend for Electra Accumulators Limited has risen by 42.10%.

  • As Per 2018 financial reports, 132 employees are currently employed by Electra Accumulators Limited.

  • The financial reports for the fiscal year 2018 indicates that The net worth of Electra Accumulators Limited has experienced an upsurge of 55.07%.

  • As per the financial statements for fiscal Year 2018, The total open charges for Electra Accumulators Limited amount to ₹ 24.58 Cr.

  • The most recent Balance Sheet for Electra Accumulators Limited was filed with the ROC on 31 Mar 2018.

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