Florida Electrical Industries Limited

Manufacturer of electrical lights and parts, including CFL, FTL, ballast, LED lights and drivers.

1986 | Delhi (India) | Active
Last Updated: December 28, 2024

Florida Electrical Industries Profile

Key Indicators

  • Authorised Capital ₹ 3.50 Cr
  • Paid Up Capital ₹ 2.66 Cr
  • Company Age 38 Year, 5 Months
  • Last Filing with ROC 31 Mar 2022
  • Open Charges ₹ 52.68 Cr
  • Satisfied Charges ₹ 8.58 Cr
  • Revenue Growth -61.17%
  • Profit Growth -79.55%
  • Ebitda -21.30%
  • Net Worth 0.70%
  • Total Assets -19.13%

About Florida Electrical Industries

Florida Electrical Industries Limited (FEIL) is a leading Public Limited Indian Non-Government Company incorporated in India on 20 August 1986 and has a history of 38 years and five months. Its registered office is in Delhi, India.

The Corporate was formerly known as Mie Electrical Industries Limited. The Company is engaged in the Consumer Electronics & Durables Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2022. It's a company limited by shares with an authorized capital of Rs 3.50 Cr and a paid-up capital of Rs 2.66 Cr.

The company currently has active open charges totaling ₹52.68 Cr. The company has closed loans amounting to ₹8.58 Cr, as per Ministry of Corporate Affairs (MCA) records.

Anil Arora, Renu Arora, and Rachit Arora serve as directors at the Company.

Company Details

  • Location

    Delhi, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    floridaindustries.in

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U31909DL1986PLC025156

  • Company No.

    025156

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    20 Aug 1986

  • Date of AGM

    30 Sep 2022

  • Date of Balance Sheet

    31 Mar 2022

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Consumer Electronics & Durables

What products or services does Florida Electrical Industries Limited offer?

Florida Electrical Industries Limited offers a wide range of products and services, including Panel Light, Round LED Light, LED Lights, Commercial Luminaires, Air Purifier, Air Purification System, Flood Lights, LED Floodlight, LED Downlight, Round LED Downlight.

Who are the key members and board of directors at Florida Electrical Industries?

Board Members (3)

Name Designation Appointment Date Status
Rachit Arora Country flag representing In Director 19-Feb-2009 Current
Anil Arora Country flag representing In Director 29-Sep-1994 Current
Renu Arora Country flag representing In Director 29-Sep-1994 Current

Financial Performance of Florida Electrical Industries.

Florida Electrical Industries Limited, for the financial year ended 2021, experienced significant reduction in revenue, with a 61.17% decrease. The company also saw a substantial fall in profitability, with a 79.55% decrease in profit. The company's net worth moved up by a moderate rise of 0.7%.

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
-61.17%
Revenue from Operations
-61.40%
Total Assets
-19.13%
Profit or Loss
-79.55%
Net Worth
0.70%
EBITDA
-21.30%

What is the Ownership and Shareholding Structure of Florida Electrical Industries?

In 2021, Florida Electrical Industries 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

₹52.68 Cr

Satisfied Charges

₹8.58 Cr

Charges Breakdown by Lending Institutions

  • Others : 50.36 Cr
  • Punjab National Bank : 2.00 Cr
  • Hdfc Bank Limited : 0.32 Cr

Latest Charge Details

Date Lender Amount Status
31 Aug 2024 Hdfc Bank Limited ₹2.00 M Open
28 Jun 2023 Others ₹2.00 Cr Open
13 Dec 2021 Others ₹1.12 Cr Open
25 Jun 2021 Hdfc Bank Limited ₹1.25 M Open
25 Jun 2020 Others ₹2.24 Cr Open

How Many Employees Work at Florida Electrical Industries?

Florida Electrical Industries has a workforce of 111 employees as of Apr 08, 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 Florida Electrical 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 Florida Electrical Industries'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 Florida Electrical Industries

Recent activity within the organization

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.20 Cr with Charge ID 100991217 was registered on 31 Aug 2024.

    31 Aug 2024

  • Charges

    A charge with Others amounted to Rs. 2.00 Cr with Charge ID 100744600 was registered on 28 Jun 2023.

    28 Jun 2023

  • Annual General Meeting

    Florida Electrical Industries Limited last Annual general meeting of members was held on 30 Sep 2022 as per latest MCA records.

    30 Sep 2022

  • Balance Sheet

    Florida Electrical Industries Limited has filed its annual Financial statements for the year ended 31 Mar 2022 with Roc Delhi.

    31 Mar 2022

  • Charges

    A charge with Others amounted to Rs. 1.12 Cr with Charge ID 100514349 was registered on 13 Dec 2021.

    13 Dec 2021

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.12 Cr with Charge ID 100470941 was registered on 25 Jun 2021.

    25 Jun 2021

Frequently asked questions

  • Florida Electrical Industries Limited was incorporated on 20 Aug 1986.

  • The authorized share capital of Florida Electrical Industries Limited is ₹ 3.50 Cr and paid-up capital is ₹ 2.66 Cr.

  • Currently 3 directors are associated with Florida Electrical Industries Limited.

    • Anil Kumar Arora
    • Renu Arora
    • Rachit Arora
  • As per Ministry of Corporate Affairs (Mca), the registered address of Florida Electrical Industries Limited is B-147Maya Puri Industrial Area Phase-I India, New Delhi, 110064.

  • The corporate identification number (CIN) of Florida Electrical Industries Limited is U31909DL1986PLC025156 and the company number is 025156 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Florida Electrical Industries Limited is https://www.floridaindustries.in

  • According to the financial reports for the fiscal year 2021, the revenue trend for Florida Electrical Industries Limited has fallen by -61.17%.

  • As Per 2021 financial reports, 111 employees are currently employed by Florida Electrical Industries Limited.

  • The financial reports for the fiscal year 2021 indicates that The net worth of Florida Electrical Industries Limited has experienced an upsurge of 0.70%.

  • As per the financial statements for fiscal Year 2021, The total open charges for Florida Electrical Industries Limited amount to ₹ 52.68 Cr.

  • The most recent Balance Sheet for Florida Electrical Industries Limited was filed with the ROC on 31 Mar 2022.

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