Komoline Aerospace Limited

This company specializes in manufacturing weather stations, towers, and data acquisition systems for various industries.

1991 | Ahmedabad, Gujarat (India) | Active
Last Updated: July 17, 2024

Komoline Aerospace Profile

Key Indicators

  • Authorised Capital ₹ 1.90 Cr
  • Paid Up Capital ₹ 1.88 Cr
  • Company Age 33 Year, 1 Month
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 10.00 Cr
  • Satisfied Charges ₹ 5.19 Cr
  • Revenue Growth -47.07%
  • Profit Growth 126.00%
  • Ebitda 6.16%
  • Net Worth 43.45%
  • Total Assets -1.84%

About Komoline Aerospace

Komoline Aerospace Limited (KAL) is a Public Limited Indian Non-Government Company incorporated in India on 24 December 1991 and has a history of 33 years and one month. Its registered office is in Ahmedabad, Gujarat, India.

The Corporate was formerly known as Komoline Electronics Private Limited. The Company is engaged in the Machinery And Equipment 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 1.90 Cr and a paid-up capital of Rs 1.88 Cr.

The company currently has active open charges totaling ₹10.00 Cr. The company has closed loans amounting to ₹5.19 Cr, as per Ministry of Corporate Affairs (MCA) records.

Bharat Patel, Shaunak Shah, Nipa Shah, and One other member serve as directors at the Company.

Company Details

  • Location

    Ahmedabad, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U29219GJ1991PLC070436

  • Company No.

    070436

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    24 Dec 1991

  • Date of AGM

    26 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Machinery and Equipment

What products or services does Komoline Aerospace Limited offer?

Komoline Aerospace Limited offers a wide range of products and services, including Electric Circuit Components & Spares, Electronic Development Boards, Sensors & Transducers, Temperature Sensor, Environmental Sensor, Optical Sensors, Electrical & Electronic Test Devices, Data Loggers, Weather & Meteorological Equipments, Weather Instruments.

Who are the key members and board of directors at Komoline Aerospace?

Board Members (4)

NameDesignationAppointment DateStatus
Bharat Patel Country flag representing In Director 17-Jul-2017Current
Shaunak Shah Country flag representing In Director 17-Jun-2015Current
Nipa Shah Country flag representing In Director 05-May-2023Current
Abhiraj Shah Country flag representing In Director 05-May-2023Current

Financial Performance of Komoline Aerospace.

Komoline Aerospace Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 47.07% decrease. The company also saw a substantial improvement in profitability, with a 126% increase in profit. The company's net worth Soared by an impressive increase of 43.45%.

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
-47.07%
Revenue from Operations
-48.94%
Total Assets
-1.84%
Profit or Loss
126.00%
Net Worth
43.45%
EBITDA
6.16%

What is the Ownership and Shareholding Structure of Komoline Aerospace?

In 2023, Komoline Aerospace had a promoter holding of 70.00% and a public holding of 30.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹10.00 Cr

Satisfied Charges

₹5.19 Cr

Charges Breakdown by Lending Institutions

  • Bank Of Maharashtra : 10.00 Cr

Latest Charge Details

DateLenderAmountStatus
15 Mar 2012Bank Of Maharashtra₹10.00 CrOpen
14 Sep 2006Hdfc Bank Limited₹4.72 CrSatisfied
22 Nov 2004Corporation Bank₹0.50 MSatisfied
24 Jun 1998The Kalupur Comm Co Op Bank Limited₹2.00 MSatisfied
25 Apr 1996The Kalupur Commercial Co-Op. Bank Limited₹1.20 MSatisfied

How Many Employees Work at Komoline Aerospace?

Komoline Aerospace has a workforce of 20 employees as of Apr 01, 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 Komoline Aerospace, 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 Komoline Aerospace'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 Komoline Aerospace

Recent activity within the organization

  • Annual General Meeting

    Komoline Aerospace Limited last Annual general meeting of members was held on 26 Sep 2023 as per latest MCA records.

    26 Sep 2023

  • Director Appointment

    Nipa Shaunak Shah was appointed as a Director was appointed as a Director on 05 May 2023 & has been associated with this company since 1 year 8 months .

    05 May 2023

  • Director Appointment

    Abhiraj Shaunak Shah was appointed as a Director was appointed as a Director on 05 May 2023 & has been associated with this company since 1 year 8 months .

    05 May 2023

  • Balance Sheet

    Komoline Aerospace Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ahmedabad.

    31 Mar 2023

  • Director Appointment

    Bharat Shamjibhai Patel was appointed as a Director was appointed as a Director on 17 Jul 2017 & has been associated with this company since 7 years 6 months .

    17 Jul 2017

  • Charges

    A charge with Bank Of Maharashtra of Rs. 10.00 Cr registered on 15 Mar 2012 with Charge ID 10345302 was modified on 01 Jan 2016.

    01 Jan 2016

Frequently asked questions

  • Komoline Aerospace Limited was incorporated on 24 Dec 1991.

  • The authorized share capital of Komoline Aerospace Limited is ₹ 1.90 Cr and paid-up capital is ₹ 1.88 Cr.

  • Currently 4 directors are associated with Komoline Aerospace Limited.

    • Bharat Shamjibhai Patel
    • Shaunak Hasmukhlal Shah
    • Nipa Shaunak Shah
    • Abhiraj Shaunak Shah
  • As per Ministry of Corporate Affairs (Mca), the registered address of Komoline Aerospace Limited is 110-124 Om Tower Satellite Road, Ahmedabad, Gujarat, India, 380015.

  • The corporate identification number (CIN) of Komoline Aerospace Limited is U29219GJ1991PLC070436 and the company number is 070436 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Komoline Aerospace Limited is https://www.komoline.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Komoline Aerospace Limited has fallen by -47.07%.

  • As Per 2023 financial reports, 20 employees are currently employed by Komoline Aerospace Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Komoline Aerospace Limited has experienced an upsurge of 43.45%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Komoline Aerospace Limited amount to ₹ 10.00 Cr.

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

Similar Companies Based on Industrial Machinery Manufacturing