Elgi Electric And Industries Profile
Key Indicators
- Authorised Capital ₹ 8.50 Cr
- Paid Up Capital ₹ 3.56 Cr
- Company Age 61 Year, 11 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 10.00 Cr
- Satisfied Charges ₹ 93.81 Cr
- Revenue Growth 53.02%
- Profit Growth 108.18%
- Ebitda 68.79%
- Net Worth 18.15%
- Total Assets 16.33%
About Elgi Electric And Industries
Elgi Electric And Industries Limited (EEAIL) was founded in India on 25 April 1963 and has a glorious history of 61 years and 11 months. Its registered office is in Coimbatore, Tamil Nadu, India.
The Company is engaged in the Machinery And Equipment Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 8.50 Cr and a paid-up capital of Rs 3.56 Cr.
The company currently has active open charges totaling ₹10.00 Cr. The company has closed loans amounting to ₹93.81 Cr, as per Ministry of Corporate Affairs (MCA) records.
Sumanth Ramamurthi, Lakshminarayana, Ramaswamy Ragupathy, and Two other members serve as directors at the Company.
Company Details
- Location
Coimbatore, Tamil Nadu, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U31200TZ1963PLC000487
- Company No.
000487
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
25 Apr 1963
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Coimbatore
Industry
Machinery and Equipment
Energy and Power
What products or services does Elgi Electric And Industries Limited offer?
Elgi Electric And Industries Limited offers a wide range of products and services, including Industrial Air Conditioner & Devices, Air Ducts, Pump Spares, Vacuum Pump Parts, Electric Motor, Fan Parts, Fan Motor, Exhaust Fan Motor, Transportation Services, Industrial Motors.
Who are the key members and board of directors at Elgi Electric And Industries?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Sumanth Ramamurthi  | Managing Director | 06-Oct-1988 | Current |
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Lakshminarayana | Director | 22-Apr-2019 | Current |
| Ramaswamy Ragupathy | Director | 17-Sep-2009 | Current |
| Sanjay Ramamurthi | Whole-Time Director | 01-Apr-2020 | Current |
| Nikhil Ramamurthi | Whole-Time Director | 01-Apr-2023 | Current |
Financial Performance 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%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Elgi Electric And Industries?
In 2023, Elgi Electric And Industries had a promoter holding of 100.00%. The company had 1 Subsidiary and 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Sara Elgi Industries LimitedSumanth Ramamurthi, Sanjay Ramamurthi and 1 more are mutual person
Super Spinning Mills LimitedSumanth Ramamurthi, Lakshminarayana and 2 more are mutual person
Super Sales India LimitedLakshminarayana is a mutual person
Sara Elgi Envirotech LlpSumanth Ramamurthi is a mutual person
- Super Farm Products Private Limited
Sumanth Ramamurthi is a mutual person
- Super Sara Textiles Limited
Sumanth Ramamurthi, Sanjay Ramamurthi and 1 more are mutual person
Charges (Loans)
Open Charges
₹10.00 Cr
Satisfied Charges
₹93.81 Cr
Charges Breakdown by Lending Institutions
- Others : 10.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 25 Mar 2003 | Others | ₹10.00 Cr | Open |
| 11 Apr 2019 | Axis Bank Limited | ₹8.00 Cr | Satisfied |
| 12 Jun 2009 | Elgi Equipments Limited | ₹1.00 Cr | Satisfied |
| 22 Oct 2008 | Hdfc Bank Limited | ₹1.00 Cr | Satisfied |
| 20 Oct 2008 | Hdfc Bank Limited | ₹1.00 Cr | Satisfied |
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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Elgi Electric And Industries, 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 Elgi Electric And Industries's trajectory.
Rating
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
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 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.
- 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 11 months .
- Balance Sheet
Elgi Electric And Industries Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Coimbatore.
- Charges
A charge registered on 11 Apr 2019 via Charge ID 100256135 with Axis Bank Limited was fully satisfied on 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 11 months .
- 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 11 months .
Frequently asked questions
What is the Incorporation or founding date of Elgi Electric And Industries Limited?
Elgi Electric And Industries Limited was incorporated on 25 Apr 1963.
What is authorized share capital and paid-up capital of Elgi Electric And Industries Limited?
The authorized share capital of Elgi Electric And Industries Limited is ₹ 8.50 Cr and paid-up capital is ₹ 3.56 Cr.
Who are the current board members & directors of Elgi Electric And Industries Limited?
Currently 5 directors are associated with Elgi Electric And Industries Limited.
- Sumanth Ramamurthi
- Lakshminarayana
- Ramaswamy Ragupathy
- Sanjay Krishna Ramamurthi
- Nikhil Govind Ramamurthi
What is the registered address of Elgi Electric And Industries Limited?
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.
What is the corporate identification number (CIN) and company number of Elgi Electric And Industries Limited?
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).
What is the official website of Elgi Electric And Industries Limited?
The Official website of Elgi Electric And Industries Limited is https://www.elgielectric.com
What has been the recent revenue trend for Elgi Electric And Industries Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Elgi Electric And Industries Limited has risen by 53.02%.
How many employees does Elgi Electric And Industries Limited currently have?
As Per 2023 financial reports, 104 employees are currently employed by Elgi Electric And Industries Limited.
What change has been observed in the net worth of Elgi Electric And Industries Limited, and by what percentage?
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%.
What are the total open charges for Elgi Electric And Industries Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Elgi Electric And Industries Limited amount to ₹ 10.00 Cr.
When was the last Balance Sheet of Elgi Electric And Industries Limited filed with the ROC?
The most recent Balance Sheet for Elgi Electric And Industries Limited was filed with the ROC on 31 Mar 2023.
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