Honeywell Electrical Devices And Systems India Limited

Manufactures and trades electrical devices and control systems since 1984.

1984 | Chennai, Tamil Nadu (India) | Active
Last Updated: October 24, 2024

Honeywell Electrical Devices And Systems India Profile

Key Indicators

  • Authorised Capital ₹ 2.00 Cr
  • Paid Up Capital ₹ 9.50 M
  • Company Age 40 Year, 6 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 86.52 K
  • Satisfied Charges ₹ 5.17 Cr
  • Revenue Growth 6.68%
  • Profit Growth 3.37%
  • Ebitda 99.04%
  • Net Worth 17.33%
  • Total Assets 15.74%

About Honeywell Electrical Devices And Systems India

Honeywell Electrical Devices And Systems India Limited (HEDASIL) is a leading Public Limited Indian Non-Government Company incorporated in India on 22 August 1984 and has a history of 40 years and six months. Its registered office is in Chennai, Tamil Nadu, India.

The Corporate was formerly known as Mk Electric India Ltd. 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 2024. It's a company limited by shares with an authorized capital of Rs 2.00 Cr and a paid-up capital of Rs 9.50 M.

The company currently has active open charges totaling ₹86,520.00. The company has closed loans amounting to ₹5.17 Cr, as per Ministry of Corporate Affairs (MCA) records.

Virender Shankar, Inder Singh, Satish Agarwal, and One other member serve as directors at the Company.

Company Details

  • Location

    Chennai, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    mkelectric.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U31901TN1984PLC011107

  • Company No.

    011107

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    22 Aug 1984

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Energy and Power

What products or services does Honeywell Electrical Devices And Systems India Limited offer?

Honeywell Electrical Devices And Systems India Limited offers a wide range of products and services, including Electrical Conduits and Fittings, Cable Raceways, Electric Circuit Components & Spares, Electronic Modules, Healthcare Software, Hospital Software, Junction Boxes, Electrical Junction Box, Circuit Breakers, RCCB.

Who are the key members and board of directors at Honeywell Electrical Devices And Systems India?

Board Members (4)

NameDesignationAppointment DateStatus
Virender Shankar Country flag representing In Director 10-Aug-2016Current
Satish Agarwal Country flag representing In Director 04-Feb-2021Current
Inder Singh Country flag representing In Director 30-Mar-2015Current
Nagendranath Shankarappa Country flag representing In Director 20-Jun-2023Current

Financial Performance of Honeywell Electrical Devices And Systems India.

Honeywell Electrical Devices And Systems India Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 6.68% increase. The company also saw a slight improvement in profitability, with a 3.37% increase in profit. The company's net worth Soared by an impressive increase of 17.33%.

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
6.68%
Revenue from Operations
24.54%
Total Assets
15.74%
Profit or Loss
3.37%
Net Worth
17.33%
EBITDA
99.04%

What is the Ownership and Shareholding Structure of Honeywell Electrical Devices And Systems India?

In 2023, Honeywell Electrical Devices And Systems India had a promoter holding of 91.33% and a public holding of 8.67%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0.01 Cr

Satisfied Charges

₹5.17 Cr

Charges Breakdown by Lending Institutions

  • The Investment Trust Of India Ltd. : 0.01 Cr

Latest Charge Details

DateLenderAmountStatus
26 Feb 1991The Investment Trust Of India Ltd.₹0.09 MOpen
10 Aug 1994Bank Of Baroda₹4.07 CrSatisfied
09 Jan 1987The Vysya Bank Limited₹5.49 MSatisfied
09 Jan 1987The Vysya Bank Ltd.₹5.49 MSatisfied

How Many Employees Work at Honeywell Electrical Devices And Systems India?

Honeywell Electrical Devices And Systems India has a workforce of 180 employees as of Apr 02, 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 Honeywell Electrical Devices And Systems India, 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 Honeywell Electrical Devices And Systems India'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 Honeywell Electrical Devices And Systems India

Recent activity within the organization

  • Annual General Meeting

    Honeywell Electrical Devices And Systems India Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Honeywell Electrical Devices And Systems India Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.

    31 Mar 2024

  • Director Appointment

    Nagendranath Shankarappa was appointed as a Director was appointed as a Director on 20 Jun 2023 & has been associated with this company since 1 year 8 months .

    20 Jun 2023

  • Director Appointment

    Satish Kumar Agarwal was appointed as a Director was appointed as a Director on 04 Feb 2021 & has been associated with this company since 4 years 18 days .

    04 Feb 2021

  • Charges

    A charge registered on 09 Jan 1987 via Charge ID 90304143 with The Vysya Bank Limited was fully satisfied on 28 Jan 2021.

    28 Jan 2021

  • Charges

    A charge registered on 09 Jan 1987 via Charge ID 90307025 with The Vysya Bank Ltd. was fully satisfied on 28 Jan 2021.

    28 Jan 2021

Frequently asked questions

  • Honeywell Electrical Devices And Systems India Limited was incorporated on 22 Aug 1984.

  • The authorized share capital of Honeywell Electrical Devices And Systems India Limited is ₹ 2.00 Cr and paid-up capital is ₹ 9.50 M.

  • Currently 4 directors are associated with Honeywell Electrical Devices And Systems India Limited.

    • Virender Shankar
    • Inder Jeet Singh
    • Satish Kumar Agarwal
    • Nagendranath Shankarappa
  • As per Ministry of Corporate Affairs (Mca), the registered address of Honeywell Electrical Devices And Systems India Limited is 5Th 6Th And 7Th Floors North Tower Krm Plaza No. 2 Harrington Road, Chetpet India, Chennai, Tamil Nadu, 600031.

  • The corporate identification number (CIN) of Honeywell Electrical Devices And Systems India Limited is U31901TN1984PLC011107 and the company number is 011107 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Honeywell Electrical Devices And Systems India Limited is https://www.mkelectric.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Honeywell Electrical Devices And Systems India Limited has risen by 6.68%.

  • As Per 2023 financial reports, 180 employees are currently employed by Honeywell Electrical Devices And Systems India Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Honeywell Electrical Devices And Systems India Limited has experienced an upsurge of 17.33%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Honeywell Electrical Devices And Systems India Limited amount to ₹ 86.52 K .

  • The most recent Balance Sheet for Honeywell Electrical Devices And Systems India Limited was filed with the ROC on 31 Mar 2024.

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