Elin Appliances Private Limited

Manufactures electrical and electronics products, provides electrical services, and offers home appliances.

2002 | Himachal Pradesh, Himachal Pradesh (India) | Active
Last Updated: December 21, 2023

Elin Appliances Profile

Key Indicators

  • Authorised Capital ₹ 2.00 M
  • Paid Up Capital ₹ 2.00 M
  • Company Age 22 Year, 5 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 30.00 Cr
  • Satisfied Charges ₹ 26.83 Cr
  • Revenue Growth 28.21%
  • Profit Growth 42.41%
  • Ebitda 21.21%
  • Net Worth 26.25%
  • Total Assets 16.31%

About Elin Appliances

Elin Appliances Private Limited (EAPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 21 August 2002 and has a history of 22 years and five months. Its registered office is in Himachal Pradesh, Himachal Pradesh.

The Corporate was formerly known as Eci Cables Pvt Ltd. The Company is engaged in the Consumer Goods 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 2.00 M and a paid-up capital of Rs 2.00 M.

The company currently has active open charges totaling ₹30.00 Cr. The company has closed loans amounting to ₹26.83 Cr, as per Ministry of Corporate Affairs (MCA) records.

Vinay Sethia, Gaurav Sethia, and Kamal Baid serve as directors at the Company.

Company Details

  • Location
    Himachal Pradesh, Himachal Pradesh
  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U29300HP2002PTC025355

  • Company No.

    025355

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    21 Aug 2002

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Himachal Pradesh

Industry

Consumer Goods

Who are the key members and board of directors at Elin Appliances?

Board Members (3)

Name Designation Appointment Date Status
Vinay Sethia Country flag representing In Whole-Time Director 29-Sep-2021 Current
Gaurav Sethia Country flag representing In Whole-Time Director 25-Jan-2010 Current
Kamal Baid Country flag representing In Director 29-Sep-2021 Current

Financial Performance of Elin Appliances.

Elin Appliances Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 28.21% increase. The company also saw a substantial improvement in profitability, with a 42.41% increase in profit. The company's net worth Soared by an impressive increase of 26.25%.

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
28.21%
Revenue from Operations
28.05%
Total Assets
16.31%
Profit or Loss
42.41%
Net Worth
26.25%
EBITDA
21.21%

What is the Ownership and Shareholding Structure of Elin Appliances?

In 2021, Elin Appliances 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

₹300.00 M

Satisfied Charges

₹268.31 M

Charges Breakdown by Lending Institutions

  • Citi Bank N.A. : 25.00 Cr
  • Others : 5.00 Cr

Latest Charge Details

Date Lender Amount Status
07 Aug 2023 Others ₹5.00 Cr Open
05 Apr 2018 Citi Bank N.A. ₹25.00 Cr Open
06 Mar 2021 Citi Bank N.A. ₹2.00 Cr Satisfied
28 Mar 2018 Sidbi ₹1.00 Cr Satisfied
28 Mar 2017 Sidbi ₹1.25 Cr Satisfied

How Many Employees Work at Elin Appliances?

Elin Appliances has a workforce of 427 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Elin Appliances, 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 Elin Appliances'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 Elin Appliances

Recent activity within the organization

  • Annual General Meeting

    Elin Appliances Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Charges

    A charge with Citi Bank N.A. of Rs. 250.00 M registered on 05 Apr 2018 with Charge ID 100211374 was modified on 18 Sep 2023.

    18 Sep 2023

  • Charges

    A charge registered on 16 Jul 2011 via Charge ID 10299218 with Hdfc Bank Limited was fully satisfied on 25 Aug 2023.

    25 Aug 2023

  • Charges

    A charge with Others amounted to Rs. 50.00 M with Charge ID 100763812 was registered on 07 Aug 2023.

    07 Aug 2023

  • Charges

    A charge registered on 06 Mar 2021 via Charge ID 100424061 with Citi Bank N.A. was fully satisfied on 10 Jul 2023.

    10 Jul 2023

  • Balance Sheet

    Elin Appliances Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Himachal Pradesh.

    31 Mar 2023

Frequently asked questions

  • Elin Appliances Private Limited was incorporated on 21 Aug 2002.

  • The authorized share capital of Elin Appliances Private Limited is ₹ 2.00 M and paid-up capital is ₹ 2.00 M.

  • Currently 3 directors are associated with Elin Appliances Private Limited.

    • Vinay Kumar Sethia
    • Gaurav Sethia
    • Kamal Singh Baid
  • As per Ministry of Corporate Affairs (Mca), the registered address of Elin Appliances Private Limited is Beli Khol Manpurateh Nalagarh Distt Solan India, Himachal Pradesh.

  • The corporate identification number (CIN) of Elin Appliances Private Limited is U29300HP2002PTC025355 and the company number is 025355 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Elin Appliances Private Limited is https://www.elinindia.com

  • According to the financial reports for the fiscal year 2022, the revenue trend for Elin Appliances Private Limited has risen by 28.21%.

  • As Per 2022 financial reports, 427 employees are currently employed by Elin Appliances Private Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Elin Appliances Private Limited has experienced an upsurge of 26.25%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Elin Appliances Private Limited amount to ₹ 30.00 Cr.

  • The most recent Balance Sheet for Elin Appliances Private Limited was filed with the ROC on 31 Mar 2023.

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