Elgi Electric And Industries Limited logo

Elgi Electric And Industries Limited

Manufactures textile machinery, AC/DC motors, and trades in energy-saving motors.
1963 | Coimbatore, Tamil Nadu (India) | Active

Last Updated:

October 24, 2024
HomeCompanyElgi Electric And Industries Limited

Who are the key members and board of directors at Elgi Electric And Industries?

Executive Team (1)

NameDesignationAppointment DateStatus
Sumanth Ramamurthi InManaging Director06-Oct-1988Current

Board Members(4)

NameDesignationAppointment DateStatus
Lakshminarayana In Director 22-Apr-2019Current
Ramaswamy Ragupathy In Director 17-Sep-2009Current
Sanjay Ramamurthi In Whole-Time Director 01-Apr-2020Current
Nikhil Ramamurthi In Whole-Time Director 01-Apr-2023Current

Financial Performance and Corporate Structure Insights of Elgi Electric And Industries.

Elgi Electric And Industries Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 53.02% increase. The company also saw a substantial improvement in profitability, with a 108.18% increase in profit. The company's net worth Soared by an impressive increase of 18.15%.

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  • 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
53.02%
Revenue from Operations
52.87%
Total Assets
16.33%
Profit or Loss
108.18%
Net Worth
18.15%
EBITDA
68.79%

Related Corporates (Common Directorship)

Charges (Loans)

Open Charges Satisfied Charges

₹10.00 Cr

₹93.81 Cr

LenderAmountStatus

Others

Creation Date: 25 Mar 2003
₹10.00 CrOpen

Axis Bank Limited

Creation Date: 11 Apr 2019
₹8.00 CrSatisfied

Elgi Equipments Limited

Creation Date: 12 Jun 2009
₹1.00 CrSatisfied

How Many Employees Work at Elgi Electric And Industries?

Elgi Electric And Industries has a workforce of 104 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.

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Latest Updates, News, and FAQs on Elgi Electric And Industries

Recent activity within the organization

  • Annual General Meeting

    Elgi Electric And Industries Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Director Appointment

    Nikhil Govind Ramamurthi was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 01 Apr 2023 & has been associated with this company since 1 year 8 months .

    01 Apr 2023

  • Balance Sheet

    Elgi Electric And Industries Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Coimbatore.

    31 Mar 2023

  • Charges

    A charge registered on 11 Apr 2019 via Charge ID 100256135 with Axis Bank Limited was fully satisfied on 05 Jun 2020.

    05 Jun 2020

  • Director Appointment

    Sanjay Krishna Ramamurthi was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 01 Apr 2020 & has been associated with this company since 4 years 8 months .

    01 Apr 2020

  • Director Appointment

    Lakshminarayana was appointed as a Director was appointed as a Director on 22 Apr 2019 & has been associated with this company since 5 years 7 months .

    22 Apr 2019

Frequently asked questions

  • Elgi Electric And Industries Limited was incorporated on 25 Apr 1963.

  • The authorized share capital of Elgi Electric And Industries Limited is ₹ 8.50 Cr and paid-up capital is ₹ 3.56 Cr.

  • Currently 5 directors are associated with Elgi Electric And Industries Limited.

    • Sumanth Ramamurthi
    • Lakshminarayana
    • Ramaswamy Ragupathy
    • Sanjay Krishna Ramamurthi
    • Nikhil Govind Ramamurthi
  • As per Ministry of Corporate Affairs (Mca), the registered address of Elgi Electric And Industries Limited is Elgi Towers, 737 D Green Fields Puliakulam Road India, Coimbatore, Tamil Nadu, 641045.

  • The corporate identification number (CIN) of Elgi Electric And Industries Limited is U31200TZ1963PLC000487 and the company number is 000487 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Elgi Electric And Industries Limited is https://www.elgielectric.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Elgi Electric And Industries Limited has risen by 53.02%.

  • As Per 2023 financial reports, 104 employees are currently employed by Elgi Electric And Industries Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Elgi Electric And Industries Limited has experienced an upsurge of 18.15%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Elgi Electric And Industries Limited amount to ₹ 10.00 Cr.

  • The most recent Balance Sheet for Elgi Electric And Industries Limited was filed with the ROC on 31 Mar 2023.

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