Reliable Electronic Components Private Limited

Designs, manufactures, and supplies low tension switches for various industries.

1977 | Mumbai, Maharashtra (India) | Active
Last Updated: December 03, 2024

Reliable Electronic Components Profile

Key Indicators

  • Authorised Capital ₹ 6.00 M
  • Paid Up Capital ₹ 0.82 M
  • Company Age 47 Year, 7 Months
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 1.62 Cr
  • Revenue Growth 15.55%
  • Profit Growth -53.70%
  • Ebitda -7.86%
  • Net Worth 1.40%
  • Total Assets -0.41%

About Reliable Electronic Components

Reliable Electronic Components Private Limited (RECPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 16 June 1977 and has a history of 47 years and seven months. Its registered office is in Mumbai, Maharashtra, India.

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 6.00 M and a paid-up capital of Rs 0.82 M.

The company has closed loans amounting to ₹1.62 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Chandrashekhar Kamath, Swati Kamath, and Bharathi Kamath serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U32106MH1977PTC019702

  • Company No.

    019702

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    16 Jun 1977

  • Date of AGM

    31 Aug 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Energy and Power

What products or services does Reliable Electronic Components Private Limited offer?

Reliable Electronic Components Private Limited offers a wide range of products and services, including Rotary Switch, Cam Switches, Electromechanical Switches, Push Button Switches, Push Buttons, Switches & Switch Boxes, Selector Switches, Rotary Cam Switches, Micro Switches.

Who are the key members and board of directors at Reliable Electronic Components?

Executive Team (1)

Name Designation Appointment Date Status
Chandrashekhar Kamath Country flag representing In Managing Director 11-Feb-1993 Current

Board Members (2)

Name Designation Appointment Date Status
Swati Kamath Country flag representing In Director 10-Dec-2018 Current
Bharathi Kamath Country flag representing In Director 01-Aug-2019 Current

Financial Performance of Reliable Electronic Components.

Reliable Electronic Components Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 15.55% increase. The company also saw a substantial fall in profitability, with a 53.7% decrease in profit. The company's net worth moved up by a moderate rise of 1.4%.

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
15.55%
Revenue from Operations
15.82%
Total Assets
-0.41%
Profit or Loss
-53.70%
Net Worth
1.40%
EBITDA
-7.86%

What is the Ownership and Shareholding Structure of Reliable Electronic Components?

In 2020, Reliable Electronic Components 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

₹0

Satisfied Charges

₹16.19 M

Charges Breakdown by Lending Institutions

  • Canara Bank : 1.62 Cr

Latest Charge Details

Date Lender Amount Status
24 Aug 1998 Canara Bank ₹2.45 M Satisfied
19 Sep 1997 Canara Bank ₹3.00 M Satisfied
23 Aug 1996 Canara Bank ₹1.35 M Satisfied
21 Dec 1992 Canara Bank ₹0.23 M Satisfied
04 Jun 1992 Canara Bank ₹3.48 M Satisfied

How Many Employees Work at Reliable Electronic Components?

Reliable Electronic Components has a workforce of 25 employees as of Apr 10, 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 Reliable Electronic Components, 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 Reliable Electronic Components'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 Reliable Electronic Components

Recent activity within the organization

  • Annual General Meeting

    Reliable Electronic Components Private Limited last Annual general meeting of members was held on 31 Aug 2024 as per latest MCA records.

    31 Aug 2024

  • Balance Sheet

    Reliable Electronic Components Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

    31 Mar 2024

  • Director Appointment

    Bharathi Shriram Kamath was appointed as a Director was appointed as a Director on 01 Aug 2019 & has been associated with this company since 5 years 6 months .

    01 Aug 2019

  • Director Appointment

    Swati Chandrashekhar Kamath was appointed as a Director was appointed as a Director on 10 Dec 2018 & has been associated with this company since 6 years 1 month .

    10 Dec 2018

  • Charges

    A charge registered on 24 Aug 1998 via Charge ID 90234464 with Canara Bank was fully satisfied on 17 May 2016.

    17 May 2016

  • Charges

    A charge registered on 19 Sep 1997 via Charge ID 90232710 with Canara Bank was fully satisfied on 17 May 2016.

    17 May 2016

Frequently asked questions

  • Reliable Electronic Components Private Limited was incorporated on 16 Jun 1977.

  • The authorized share capital of Reliable Electronic Components Private Limited is ₹ 6.00 M and paid-up capital is ₹ 0.82 M.

  • Currently 3 directors are associated with Reliable Electronic Components Private Limited.

    • Chandrashekhar Vishwanath Kamath
    • Swati Chandrashekhar Kamath
    • Bharathi Shriram Kamath
  • As per Ministry of Corporate Affairs (Mca), the registered address of Reliable Electronic Components Private Limited is 16A 2Nd Floor Raj Industrial Complex Military R Marol, Andheri- East India, Mumbai, Maharashtra, 400059.

  • The corporate identification number (CIN) of Reliable Electronic Components Private Limited is U32106MH1977PTC019702 and the company number is 019702 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Reliable Electronic Components Private Limited is https://www.recom.in

  • According to the financial reports for the fiscal year 2022, the revenue trend for Reliable Electronic Components Private Limited has risen by 15.55%.

  • As Per 2022 financial reports, 25 employees are currently employed by Reliable Electronic Components Private Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Reliable Electronic Components Private Limited has experienced an upsurge of 1.40%.

  • The most recent Balance Sheet for Reliable Electronic Components Private Limited was filed with the ROC on 31 Mar 2024.

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