Evans Electric Limited

This company specializes in electric motor, generator, and transformer repair and manufacturing.

1951 | Mumbai, Maharashtra (India) | Active
Last Updated: July 04, 2024

Evans Electric Profile

Key Indicators

  • Authorised Capital ₹ 3.00 Cr
  • Paid Up Capital ₹ 2.74 Cr
  • Company Age 73 Year, 1 Month
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 8.00 Cr
  • Satisfied Charges ₹ 1.50 Cr
  • Revenue Growth 154.99%
  • Profit Growth 344.90%
  • Ebitda 254.57%
  • Net Worth 29.22%
  • Total Assets 24.13%

About Evans Electric

Evans Electric Limited (EEL) was founded in India on 29 December 1951 and has a glorious history of 73 years and one month. Its registered office is in Mumbai, Maharashtra, India.

The Corporate was formerly known as Evans Electric Private Limited. The Company is engaged in the Energy And Power 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 3.00 Cr and a paid-up capital of Rs 2.74 Cr.

The company currently has active open charges totaling ₹8.00 Cr. The company has closed loans amounting to ₹1.50 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Evans Electric Limited India are Anil Gulwani as CFO and Simpi Sahani as Company Secretary. Christopher Rodricks, Ivor Desouza, Nelson Fernandes, and Three other members serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    evanselectric.co.in

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    L74999MH1951PLC008715

  • Company No.

    008715

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    29 Dec 1951

  • Date of AGM

    28 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Listed

  • ROC Code

    Roc Mumbai

Industry

Energy and Power

What products or services does Evans Electric Limited offer?

Evans Electric Limited offers a wide range of products and services, including Electrical & Electronic Goods Repair, Motor Repair & Maintenance, Machinery Repairs, Generator Repair Services, Generators, Turbines & Power Plants, Generator Parts, Electric Motor.

Who are the key members and board of directors at Evans Electric?

Executive Team (3)

NameDesignationAppointment DateStatus
Nelson Fernandes Country flag representing In Managing Director18-Jun-1984Current
Anil Gulwani CFO23-Oct-2020Current
Simpi Sahani Company Secretary18-Aug-2021Current

Board Members (5)

NameDesignationAppointment DateStatus
Rajkumar Keswani Country flag representing In Alternate Director 23-Oct-2020Current
Ivor Desouza Country flag representing Au Director 01-Oct-1972Current
Christopher Rodricks Country flag representing In Director 23-Oct-2020Current
Iyleen Fernandes Country flag representing In Whole-Time Director 14-Mar-2019Current
Krishna Singh Country flag representing In Director 01-Apr-2022Current

Financial Performance of Evans Electric.

Evans Electric Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 154.99% increase. The company also saw a substantial improvement in profitability, with a 344.9% increase in profit. The company's net worth Soared by an impressive increase of 29.22%.

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
154.99%
Revenue from Operations
160.49%
Total Assets
24.13%
Profit or Loss
344.90%
Net Worth
29.22%
EBITDA
254.57%

What is the Ownership and Shareholding Structure of Evans Electric?

In 2022, Evans Electric had a promoter holding of 59.44% and a public holding of 40.56%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹8.00 Cr

Satisfied Charges

₹1.50 Cr

Charges Breakdown by Lending Institutions

  • Others : 8.00 Cr

Latest Charge Details

DateLenderAmountStatus
18 Mar 2010Others₹8.00 CrOpen
11 Aug 2012Union Bank Of India₹5.00 MSatisfied
11 Aug 2012Union Bank Of India₹1.00 CrSatisfied

How Many Employees Work at Evans Electric?

Evans Electric has a workforce of 52 employees as of Apr 06, 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 Evans Electric, 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 Evans Electric'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 Evans Electric

Recent activity within the organization

  • Annual General Meeting

    Evans Electric Limited last Annual general meeting of members was held on 28 Sep 2023 as per latest MCA records.

    28 Sep 2023

  • Charges

    A charge with Others of Rs. 8.00 Cr registered on 18 Mar 2010 with Charge ID 10209822 was modified on 13 Sep 2023.

    13 Sep 2023

  • Balance Sheet

    Evans Electric Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

    31 Mar 2023

  • Charges

    A charge registered on 11 Aug 2012 via Charge ID 10377664 with Union Bank Of India was fully satisfied on 14 Sep 2022.

    14 Sep 2022

  • Charges

    A charge registered on 11 Aug 2012 via Charge ID 10377666 with Union Bank Of India was fully satisfied on 14 Sep 2022.

    14 Sep 2022

  • Director Appointment

    Christopher Joseph Rodricks was appointed as a Director was appointed as a Director on 23 Oct 2020 & has been associated with this company since 4 years 4 months .

    23 Oct 2020

Recent News, Updates & Announcement

Frequently asked questions

  • Evans Electric Limited was incorporated on 29 Dec 1951.

  • The authorized share capital of Evans Electric Limited is ₹ 3.00 Cr and paid-up capital is ₹ 2.74 Cr.

  • Currently 8 directors are associated with Evans Electric Limited.

    • Christopher Joseph Rodricks
    • Ivor Anthony Desouza
    • Nelson Lionel Fernandes
    • Iyleen Matilda Fernandes
    • Rajkumar Mohan Keswani
    • Krishna Pal Singh
    • Anil Gulwani
    • Simpi Sohan Sahani
  • As per Ministry of Corporate Affairs (Mca), the registered address of Evans Electric Limited is 430 Orchard Mall 3Rd Floor Royal Palms Estate, Aarey Milk Colony Goregaon (E), Mumbai, Maharashtra, India, 400065.

  • The corporate identification number (CIN) of Evans Electric Limited is L74999MH1951PLC008715 and the company number is 008715 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Evans Electric Limited is https://www.evanselectric.co.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Evans Electric Limited has risen by 154.99%.

  • As Per 2023 financial reports, 52 employees are currently employed by Evans Electric Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Evans Electric Limited has experienced an upsurge of 29.22%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Evans Electric Limited amount to ₹ 8.00 Cr.

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

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