Swelect Energy Systems Profile
Key Indicators
- Authorised Capital ₹ 72.50 Cr
- Paid Up Capital ₹ 15.16 Cr
- Company Age 30 Year, 6 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 791.94 Cr
- Satisfied Charges ₹ 466.54 Cr
- Revenue Growth -17.48%
- Profit Growth -72.35%
- Ebitda -1.56%
- Net Worth 3.51%
- Total Assets 0.37%
About Swelect Energy Systems
Swelect Energy Systems Limited (SESL) is a leading Public Limited Indian Non-Government Company incorporated in India on 12 September 1994 and has a history of 30 years and six months. Its registered office is in Chennai, Tamil Nadu, India.
It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 532051 and on the National Stock Exchange(NSE) under SWELECTES.
The Corporate was formerly known as Numeric Power Systems Limited. The Company is engaged in the Environment 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 72.50 Cr and a paid-up capital of Rs 15.16 Cr.
The company currently has active open charges totaling ₹791.94 Cr. The company has closed loans amounting to ₹466.54 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Swelect Energy Systems Limited India are Bhuvaneswari Jayaraman as COMPANY SECRETARY and Ramesh Nikhila as Cfo. Chellappan Ramasamy, Nachiappan Venkatesan, Jayashree Nachiappan, and Seven other members serve as directors at the Company.
Company Details
- Location
Chennai, Tamil Nadu, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
Industry
Environment
Infrastructure and Utilities
What products or services does Swelect Energy Systems Limited offer?
Swelect Energy Systems Limited offers a wide range of products and services, including Instrument Calibration & Adjustment, Calibration Services, Solar & Renewable Energy Products, Solar Panels, Solar Inverter, Turnkey Consultants & Solutions, Turnkey Solutions, Solar Power Plants, Solar Power Pack, Light Bulb.
Who are the key members and board of directors at Swelect Energy Systems?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Chellappan Ramasamy  | Managing Director | 12-Sep-1994 | Current |
| Bhuvaneswari Jayaraman | Company Secretary | 03-Sep-2024 | Current |
| Ramesh Nikhila | CFO | 12-Nov-2020 | Current |
Board Members (9)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Nachiappan Venkatesan | Whole-Time Director | 20-Apr-2018 | Current |
| Jayashree Nachiappan | Director | 13-Aug-2012 | Current |
| Gnanasekar Samuel | Director | 03-Oct-2015 | Current |
| Mirunalini Chellappan | Whole-Time Director | 28-Jun-2017 | Current |
| Iniyan Selvarajan | Director | 01-Apr-2019 | Current |
| Ravi Muthusamy | Director | 11-Feb-2023 | Current |
Financial Performance of Swelect Energy Systems.
Swelect Energy Systems Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 17.48% decrease. The company also saw a substantial fall in profitability, with a 72.35% decrease in profit. The company's net worth moved up by a moderate rise of 3.51%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Swelect Energy Systems?
In 2023, Swelect Energy Systems had a promoter holding of 56.36% and a public holding of 43.64%. The company had 11 Subsidiaries. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Tulsyan Nec LimitedRavi Muthusamy is a mutual person
- Swelect Electronics Private Limited
Chellappan Ramasamy and Balan Arthanari are mutual person
- Swelect Sun Energy Private Limited
Chellappan Ramasamy, Ramesh Nikhila and 4 more are mutual person
Charges (Loans)
Open Charges
₹791.94 Cr
Satisfied Charges
₹466.54 Cr
Charges Breakdown by Lending Institutions
- Others : 321.76 Cr
- Hdfc Bank Limited : 178.88 Cr
- Axis Bank Limited : 100.98 Cr
- The Hongkong And Shanghai Banking Corporation Limited : 94.35 Cr
- State Bank Of India : 81.12 Cr
- Others : 14.85 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 13 Mar 2024 | State Bank Of India | ₹8.50 M | Open |
| 04 Mar 2024 | State Bank Of India | ₹26.00 Cr | Open |
| 22 Feb 2024 | Others | ₹8.00 Cr | Open |
| 27 Jan 2024 | Others | ₹50.00 Cr | Open |
| 10 Oct 2023 | Axis Bank Limited | ₹20.00 Cr | Open |
How Many Employees Work at Swelect Energy Systems?
Swelect Energy Systems has a workforce of 288 employees as of Mar 26, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Swelect Energy Systems, 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 Swelect Energy Systems's trajectory.
Rating
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
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 Swelect Energy Systems
Recent activity within the organization
- Charges
A charge with Others of Rs. 37.00 Cr registered on 01 Feb 2022 with Charge ID 100536233 was modified on 27 Dec 2024.
- Director Appointment
Bhuvaneswari Jayaraman was appointed as a Company Secretary was appointed as a Company Secretary on 03 Sep 2024 & has been associated with this company since 6 months 24 days .
- Charges
A charge with Hdfc Bank Limited of Rs. 80.00 Cr registered on 27 May 2023 with Charge ID 100743767 was modified on 31 Aug 2024.
- Charges
A charge with Others of Rs. 35.00 Cr registered on 12 Apr 2023 with Charge ID 100734615 was modified on 29 Jul 2024.
- Annual General Meeting
Swelect Energy Systems Limited last Annual general meeting of members was held on 29 Jul 2024 as per latest MCA records.
- Charges
A charge with State Bank Of India of Rs. 1.00 Cr registered on 15 Jul 2023 with Charge ID 100754649 was modified on 23 Jul 2024.
Recent News, Updates & Announcement
- Chennai-based Swelect partners with US company to produce water from solar energy.
One unit, which costs Rs 2 lakh (approx), could produce up to five litre of water per day, said Robert Bartrop - executive vice-president, Global Business, ZMW.
Frequently asked questions
What is the Incorporation or founding date of Swelect Energy Systems Limited?
Swelect Energy Systems Limited was incorporated on 12 Sep 1994.
What is authorized share capital and paid-up capital of Swelect Energy Systems Limited?
The authorized share capital of Swelect Energy Systems Limited is ₹ 72.50 Cr and paid-up capital is ₹ 15.16 Cr.
Who are the current board members & directors of Swelect Energy Systems Limited?
Currently 12 directors are associated with Swelect Energy Systems Limited.
- Chellappan Gounder Ramasamy
- Nachiappan Konganapuram Venkatesan
- Jayashree Nachiappan
- Gnanasekar Sukumar Samuel
- Mirunalini Venkatagiri Chellappan
- Bhuvaneswari Jayaraman
- Ramesh Narayanaswamy Nikhila
- Iniyan Selvarajan
- Ravi Muthusamy
- Raghunath Venkatagiri Chellappan
- Sundaram Annadurai
- Balan Arthanari
What is the registered address of Swelect Energy Systems Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Swelect Energy Systems Limited is Swelect House, No.5 Sir P.S.Sivasamy Salai Mylapore India, Chennai, Tamil Nadu, 600004.
What is the corporate identification number (CIN) and company number of Swelect Energy Systems Limited?
The corporate identification number (CIN) of Swelect Energy Systems Limited is L93090TN1994PLC028578 and the company number is 028578 as per Ministry of Corporate Affairs (MCA).
Is Swelect Energy Systems Limited registered with any stock exchange in India?
Yes, Swelect Energy Systems Limited is registered on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE): SWELECTES.
What is the official website of Swelect Energy Systems Limited?
The Official website of Swelect Energy Systems Limited is https://www.swelectes.com
What has been the recent revenue trend for Swelect Energy Systems Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Swelect Energy Systems Limited has fallen by -17.48%.
How many employees does Swelect Energy Systems Limited currently have?
As Per 2023 financial reports, 288 employees are currently employed by Swelect Energy Systems Limited.
What change has been observed in the net worth of Swelect Energy Systems Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Swelect Energy Systems Limited has experienced an upsurge of 3.51%.
What are the total open charges for Swelect Energy Systems Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Swelect Energy Systems Limited amount to ₹ 791.94 Cr.
When was the last Balance Sheet of Swelect Energy Systems Limited filed with the ROC?
The most recent Balance Sheet for Swelect Energy Systems Limited was filed with the ROC on 31 Mar 2024.
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