Kirloskar Electric Company Limited

Founded in 1946 and headquartered in Karnataka, India.

1946 | Bangaluru, Karnataka (India) | Active
Last Updated: November 16, 2024

Kirloskar Electric Company Profile

Key Indicators

  • Authorised Capital ₹ 115.00 Cr
  • Paid Up Capital ₹ 66.41 Cr
  • Company Age 78 Year, 6 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 444.47 Cr
  • Satisfied Charges ₹ 1,697.35 Cr
  • Revenue Growth 10.68%
  • Profit Growth -55.50%
  • Ebitda 332.36%
  • Net Worth 10.34%
  • Total Assets -1.06%

About Kirloskar Electric Company

Kirloskar Electric Company Limited (KECL) was founded in India on 26 July 1946 and has a glorious history of 78 years and six months. Its registered office is in Bangaluru, Karnataka, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 533193 and on the National Stock Exchange(NSE) under KECL.

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 115.00 Cr and a paid-up capital of Rs 66.41 Cr.

The company currently has active open charges totaling ₹444.47 Cr. The company has closed loans amounting to ₹1,697.35 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Kirloskar Electric Company Limited India are Mahabaleshwar Bhat as COMPANY SECRETARY and Sanjeev Shivappa as Cfo. Kamlesh Gandhi, Ashok Misra, Anil Bhandari, and Eight other members serve as directors at the Company.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    kirloskarelectric.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    L31100KA1946PLC000415

  • Company No.

    000415

  • Stock Symbol

    BSE : 533193 NSE : KECL

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    26 Jul 1946

  • Date of AGM

    16 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Listed

  • ROC Code

    Roc Bangalore

Industry

Energy and Power

What products or services does Kirloskar Electric Company Limited offer?

Kirloskar Electric Company Limited offers a wide range of products and services, including Generators, Turbines & Power Plants, Alternator, Electric Motors and Components, AC Motor, Industrial Motors, Radiators & Accessories, Radiator Parts, DC Motor.

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

Executive Team (3)

NameDesignationAppointment DateStatus
Anand Hunnur Country flag representing In Managing Director12-Jul-2022Current
Mahabaleshwar Bhat Company Secretary12-Jul-2022Current
Sanjeev Shivappa Country flag representing In CFO10-Aug-2017Current

Board Members (10)

NameDesignationAppointment DateStatus
Ravi Ghai Country flag representing In Director 12-Jul-2022Current
Kanekal Kumar Country flag representing In Additional Director 22-Jun-2024Current
Kamlesh Gandhi Country flag representing In Director 25-Jun-2007Current
Ashok Misra Country flag representing In Director 13-Aug-2015Current
Anil Bhandari Country flag representing In Director 27-Feb-2002Current
Vijay Kirloskar Country flag representing In Whole-Time Director 17-Aug-1985Current

Financial Performance of Kirloskar Electric Company.

Kirloskar Electric Company Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 10.68% increase. The company also saw a substantial fall in profitability, with a 55.5% decrease in profit. The company's net worth Soared by an impressive increase of 10.34%.

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
10.68%
Revenue from Operations
41.50%
Total Assets
-1.06%
Profit or Loss
-55.50%
Net Worth
10.34%
EBITDA
332.36%

What is the Ownership and Shareholding Structure of Kirloskar Electric Company?

In 2023, Kirloskar Electric Company had a promoter holding of 49.51% and a public holding of 50.48%. The company had 4 Subsidiaries. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹444.47 Cr

Satisfied Charges

₹1,697.35 Cr

Charges Breakdown by Lending Institutions

  • Bank Of India : 443.27 Cr
  • Axis Bank Limited : 1.20 Cr

Latest Charge Details

DateLenderAmountStatus
15 Sep 2015Bank Of India₹327.64 CrOpen
14 Aug 2015Bank Of India₹115.63 CrOpen
31 Mar 2015Axis Bank Limited₹6.00 MOpen
17 Sep 2008Axis Bank Limited₹6.00 MOpen
25 Oct 2017Others₹7.50 CrSatisfied

How Many Employees Work at Kirloskar Electric Company?

Kirloskar Electric Company has a workforce of 105 employees as of Apr 09, 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 Kirloskar Electric Company, 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 Kirloskar Electric Company'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 Kirloskar Electric Company

Recent activity within the organization

  • Annual General Meeting

    Kirloskar Electric Company Limited last Annual general meeting of members was held on 16 Sep 2024 as per latest MCA records.

    16 Sep 2024

  • Director Appointment

    Kanekal Nettakallappa Shanth Kumar was appointed as a Additional Director was appointed as a Additional Director on 22 Jun 2024 & has been associated with this company since 8 months .

    22 Jun 2024

  • Balance Sheet

    Kirloskar Electric Company Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.

    31 Mar 2024

  • Charges

    A charge registered on 02 Nov 2010 via Charge ID 10252669 with State Bank Of Hyderabad was fully satisfied on 14 Jun 2023.

    14 Jun 2023

  • Charges

    A charge registered on 17 Apr 2008 via Charge ID 10108491 with State Bank Of India was fully satisfied on 14 Jun 2023.

    14 Jun 2023

  • Charges

    A charge registered on 26 Dec 2007 via Charge ID 10105064 with State Bank Of Mysore was fully satisfied on 21 Mar 2023.

    21 Mar 2023

Frequently asked questions

  • Kirloskar Electric Company Limited was incorporated on 26 Jul 1946.

  • The authorized share capital of Kirloskar Electric Company Limited is ₹ 115.00 Cr and paid-up capital is ₹ 66.41 Cr.

  • Currently 13 directors are associated with Kirloskar Electric Company Limited.

    • Kamlesh Suresh Gandhi
    • Ashok Misra
    • Anil Kumar Bhandari
    • Vijay Ravindra Kirloskar
    • Satyanarayan Agarwal
    • Meena Kirloskar
    • Kanekal Nettakallappa Shanth Kumar
    • Suresh Kumar
    • Anand Balaramacharya Hunnur
    • Shivappa Sanjeev Kumar
    • Ravi Ghai
    • Mahabaleshwar Bhat
    • Sanjeev Kumar Shivappa
  • As per Ministry of Corporate Affairs (Mca), the registered address of Kirloskar Electric Company Limited is No.19 2Nd Main Road Peenya 1St Stage Phase-1, India, Bengaluru, Karnataka, 560058.

  • The corporate identification number (CIN) of Kirloskar Electric Company Limited is L31100KA1946PLC000415 and the company number is 000415 as per Ministry of Corporate Affairs (MCA).

  • Yes, Kirloskar Electric Company Limited is registered on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE): KECL.

  • The Official website of Kirloskar Electric Company Limited is https://www.kirloskarelectric.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Kirloskar Electric Company Limited has risen by 10.68%.

  • As Per 2023 financial reports, 105 employees are currently employed by Kirloskar Electric Company Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Kirloskar Electric Company Limited has experienced an upsurge of 10.34%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Kirloskar Electric Company Limited amount to ₹ 444.47 Cr.

  • The most recent Balance Sheet for Kirloskar Electric Company Limited was filed with the ROC on 31 Mar 2024.

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