Reed Relays & Electronics India Limited

Manufactures reed switches and sensors for various industries, ISO certified.

1971 | Krishnagiri, Tamil Nadu (India) | Active
Last Updated: December 21, 2024

Reed Relays & Electronics India Profile

Key Indicators

  • Authorised Capital ₹ 5.00 Cr
  • Paid Up Capital ₹ 1.08 Cr
  • Company Age 53 Year, 6 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 4.96 Cr
  • Satisfied Charges ₹ 1.04 Cr
  • Revenue Growth 11.04%
  • Profit Growth 33.53%
  • Ebitda -3401.38%
  • Net Worth 1.42%
  • Total Assets 0.17%

About Reed Relays & Electronics India

Reed Relays & Electronics India Limited (RREIL) was founded in India on 04 August 1971 and has a glorious history of 53 years and six months. Its registered office is in Krishnagiri, Tamil Nadu, India.

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 2024. It's a company limited by shares with an authorized capital of Rs 5.00 Cr and a paid-up capital of Rs 1.08 Cr.

The company currently has active open charges totaling ₹4.96 Cr. The company has closed loans amounting to ₹1.04 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Reed Relays & Electronics India Limited India is Prabha Kannan as CFO. Kartik Kannan, Prabha Kannan, and Vinay Devarkonda serve as directors at the Company.

Company Details

  • Location

    Krishnagiri, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    reed-sensor.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U32100TZ1971PLC018202

  • Company No.

    018202

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    04 Aug 1971

  • Date of AGM

    27 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Coimbatore

Industry

Machinery and Equipment

What products or services does Reed Relays & Electronics India Limited offer?

Reed Relays & Electronics India Limited offers a wide range of products and services, including Sensors & Transducers, Level Sensors, Switches & Switch Boxes, Magnetic Switches, Elevator Sensor, Reed Sensors, Sensors, Proximity Sensor, Float Switches, Magnetic Float Switch.

Who are the key members and board of directors at Reed Relays & Electronics India?

Executive Team (2)

NameDesignationAppointment DateStatus
Kartik Kannan Country flag representing In Managing Director28-Sep-2004Current
Prabha Kannan Country flag representing In CFO30-Sep-2010Current

Board Members (2)

NameDesignationAppointment DateStatus
Prabha Kannan Country flag representing In Director and Cfo 01-Mar-2010Current
Vinay Devarkonda Country flag representing In Director 25-Sep-2015Current

Financial Performance of Reed Relays & Electronics India.

Reed Relays & Electronics India Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 11.04% increase. The company also saw a substantial improvement in profitability, with a 33.53% increase in profit. The company's net worth moved up by a moderate rise of 1.42%.

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
11.04%
Revenue from Operations
-12.59%
Total Assets
0.17%
Profit or Loss
33.53%
Net Worth
1.42%
EBITDA
-3401.38%

What is the Ownership and Shareholding Structure of Reed Relays & Electronics India?

In 2022, Reed Relays & Electronics India had a promoter holding of 40.38% and a public holding of 59.62%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹4.96 Cr

Satisfied Charges

₹1.04 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of India : 4.51 Cr
  • India Equipment Leasing Ltd. : 0.35 Cr
  • State Bank Of Mysore : 0.10 Cr

Latest Charge Details

DateLenderAmountStatus
30 Mar 2000State Bank Of India₹2.30 CrOpen
08 Jan 1993State Bank Of Mysore₹1.00 MOpen
20 Apr 1992India Equipment Leasing Ltd.₹3.50 MOpen
13 Feb 1988State Bank Of India₹8.94 MOpen
13 Feb 1988State Bank Of India₹8.94 MOpen

How Many Employees Work at Reed Relays & Electronics India?

Reed Relays & Electronics India has a workforce of 23 employees as of Mar 27, 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 Reed Relays & Electronics 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 Reed Relays & Electronics 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 Reed Relays & Electronics India

Recent activity within the organization

  • Annual General Meeting

    Reed Relays & Electronics India Limited last Annual general meeting of members was held on 27 Sep 2024 as per latest MCA records.

    27 Sep 2024

  • Balance Sheet

    Reed Relays & Electronics India Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Coimbatore.

    31 Mar 2024

  • Director Appointment

    Vinay Mohan Devarkonda was appointed as a Director was appointed as a Director on 25 Sep 2015 & has been associated with this company since 9 years 5 months .

    25 Sep 2015

  • Charges

    A charge with State Bank Of India of Rs. 2.30 Cr registered on 30 Mar 2000 with Charge ID 90294738 was modified on 12 May 2015.

    12 May 2015

  • Director Appointment

    Prabha Kannan was appointed as a Cfo was appointed as a Cfo on 30 Sep 2010 & has been associated with this company since 14 years 4 months .

    30 Sep 2010

  • Director Appointment

    Prabha Kannan was appointed as a Director was appointed as a Director on 01 Mar 2010 & has been associated with this company since 14 years 11 months .

    01 Mar 2010

Frequently asked questions

  • Reed Relays & Electronics India Limited was incorporated on 04 Aug 1971.

  • The authorized share capital of Reed Relays & Electronics India Limited is ₹ 5.00 Cr and paid-up capital is ₹ 1.08 Cr.

  • Currently 4 directors are associated with Reed Relays & Electronics India Limited.

    • Kartik Kannan
    • Prabha Kannan
    • Vinay Mohan Devarkonda
    • Prabha Kannan
  • As per Ministry of Corporate Affairs (Mca), the registered address of Reed Relays & Electronics India Limited is 617/618 Gobachandiram, Kottamadugu Panchayat Thali Post India, Krishnagiri, Tamil Nadu, 635118.

  • The corporate identification number (CIN) of Reed Relays & Electronics India Limited is U32100TZ1971PLC018202 and the company number is 018202 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Reed Relays & Electronics India Limited is https://www.reed-sensor.com

  • According to the financial reports for the fiscal year 2022, the revenue trend for Reed Relays & Electronics India Limited has risen by 11.04%.

  • As Per 2022 financial reports, 23 employees are currently employed by Reed Relays & Electronics India Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Reed Relays & Electronics India Limited has experienced an upsurge of 1.42%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Reed Relays & Electronics India Limited amount to ₹ 4.96 Cr.

  • The most recent Balance Sheet for Reed Relays & Electronics India Limited was filed with the ROC on 31 Mar 2024.

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