Finolex J-Power Systems Limited

JV company manufacturing XLPE insulated EHV cables and power accessories.

2008 | Pune, Maharashtra (India) | Active
Last Updated: November 16, 2024

Finolex J-Power Systems Profile

Key Indicators

  • Authorised Capital ₹ 472.00 Cr
  • Paid Up Capital ₹ 472.00 Cr
  • Company Age 17 Year, 27 Days
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 225.00 Cr
  • Satisfied Charges ₹ 197.21 Cr
  • Revenue Growth 47.23%
  • Profit Growth -3.42%
  • Ebitda 27.88%
  • Net Worth -3.90%
  • Total Assets 18.33%

About Finolex J-Power Systems

Finolex J-Power Systems Limited (FJSL) is a leading Public Limited Indian Non-Government Company incorporated in India on 04 January 2008 and has a history of 17 years. Its registered office is in Pune, Maharashtra, India.

The Corporate was formerly known as Finolex J-Power Systems Limited. The Company is engaged in the Manufacturing Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 472.00 Cr and a paid-up capital of Rs 472.00 Cr.

The company currently has active open charges totaling ₹225.00 Cr. The company has closed loans amounting to ₹197.21 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Finolex J-Power Systems Limited India are Kishor Makwana as Cfo, Namrata Priya as Company Secretary, and Ganesh Hedaoo as Ceo. Deepak Kisandas, Anita Utamsingh, Mahesh Viswanathan, and Five other members serve as directors at the Company.

Company Details

  • Location

    Pune, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U31300PN2008PLC131238

  • Company No.

    131238

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    04 Jan 2008

  • Date of AGM

    27 Jul 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Pune

Industry

Manufacturing

Who are the key members and board of directors at Finolex J-Power Systems?

Executive Team (3)

NameDesignationAppointment DateStatus
Kishor Makwana Country flag representing In CFO01-Apr-2020Current
Namrata Priya Company Secretary29-Apr-2019Current
Ganesh Hedaoo CEO21-Feb-2024Current

Board Members (8)

NameDesignationAppointment DateStatus
Sunil Upmanyu Country flag representing In Director 09-Nov-2022Current
Deepak Kisandas Country flag representing In Director 04-Jan-2008Current
Anita Utamsingh Country flag representing In Director 01-Nov-2022Current
Mahesh Viswanathan Country flag representing In Director 06-May-2009Current
Shinichi Takagi Country flag representing Jp Director 13-Aug-2024Current
Masaru Masao Country flag representing Jp Nominee Director 25-Dec-2015Current

Financial Performance of Finolex J-Power Systems.

Finolex J-Power Systems Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 47.23% increase. The company also saw a slight decrease in profitability, with a 3.42% decrease in profit. The company's net worth dipped by a decrease of 3.9%.

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
47.23%
Revenue from Operations
46.31%
Total Assets
18.33%
Profit or Loss
-3.42%
Net Worth
-3.90%
EBITDA
27.88%

What is the Ownership and Shareholding Structure of Finolex J-Power Systems?

In 2023, Finolex J-Power Systems 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

₹225.00 Cr

Satisfied Charges

₹197.21 Cr

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 200.00 Cr
  • Others : 25.00 Cr

Latest Charge Details

DateLenderAmountStatus
18 Oct 2024Others₹25.00 CrOpen
19 Oct 2022Axis Bank Limited₹200.00 CrOpen
07 Sep 2020Sbicap Trustee Company Limited₹2.50 CrSatisfied
28 Jan 2020Sbicap Trustee Company Limited₹40.00 CrSatisfied
15 Jun 2012State Bank Of India Industrial Finance Branch₹47.00 CrSatisfied

How Many Employees Work at Finolex J-Power Systems?

Finolex J-Power Systems has a workforce of 112 employees as of Mar 22, 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 Finolex J-Power Systems, 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 Finolex J-Power Systems'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 Finolex J-Power Systems

Recent activity within the organization

  • Charges

    A charge with Others amounted to Rs. 25.00 Cr with Charge ID 100996656 was registered on 18 Oct 2024.

    18 Oct 2024

  • Charges

    A charge registered on 28 Jan 2020 via Charge ID 100322694 with Sbicap Trustee Company Limited was fully satisfied on 18 Oct 2024.

    18 Oct 2024

  • Director Appointment

    Shinichi Takagi was appointed as a Director was appointed as a Director on 13 Aug 2024 & has been associated with this company since 5 months 19 days .

    13 Aug 2024

  • Charges

    A charge with Axis Bank Limited of Rs. 200.00 Cr registered on 19 Oct 2022 with Charge ID 100651137 was modified on 02 Aug 2024.

    02 Aug 2024

  • Annual General Meeting

    Finolex J-Power Systems Limited last Annual general meeting of members was held on 27 Jul 2024 as per latest MCA records.

    27 Jul 2024

  • Balance Sheet

    Finolex J-Power Systems Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Pune.

    31 Mar 2024

Frequently asked questions

  • Finolex J-Power Systems Limited was incorporated on 04 Jan 2008.

  • The authorized share capital of Finolex J-Power Systems Limited is ₹ 472.00 Cr and paid-up capital is ₹ 472.00 Cr.

  • Currently 11 directors are associated with Finolex J-Power Systems Limited.

    • Deepak Chhabria Kisandas
    • Anita Partabsingh Utamsingh
    • Mahesh Viswanathan
    • Sunil Upmanyu
    • Shinichi Takagi
    • Masaru Watanabe Masao
    • Masaki Shirayama
    • Takaaki Hasegawa
    • Kishor Kanjibhai Makwana
    • Namrata Priya
    • Ganesh Kashinath Hedaoo
  • As per Ministry of Corporate Affairs (Mca), the registered address of Finolex J-Power Systems Limited is 26/27, Mumbai - Road Pimpri India, Pune, Maharashtra, 411018.

  • The corporate identification number (CIN) of Finolex J-Power Systems Limited is U31300PN2008PLC131238 and the company number is 131238 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Finolex J-Power Systems Limited is https://www.finolex.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Finolex J-Power Systems Limited has risen by 47.23%.

  • As Per 2023 financial reports, 112 employees are currently employed by Finolex J-Power Systems Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Finolex J-Power Systems Limited has experienced an downturn of -3.90%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Finolex J-Power Systems Limited amount to ₹ 225.00 Cr.

  • The most recent Balance Sheet for Finolex J-Power Systems Limited was filed with the ROC on 31 Mar 2024.

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