Swelect Energy Systems Profile
Key Indicators
- Authorised Capital ₹ 72.50 Cr
as on 28-06-2024
- Paid Up Capital ₹ 15.16 Cr
as on 28-06-2024
- Company Age 30 Year, 3 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 687.74 Cr
as on 28-06-2024
- Satisfied Charges ₹ 462.54 Cr
as on 28-06-2024
- Revenue -17.48%
(FY 2023)
- Profit -72.35%
(FY 2023)
- Ebitda -1.56%
(FY 2023)
- Net Worth 3.51%
(FY 2023)
- Total Assets 0.37%
(FY 2023)
About Swelect Energy Systems
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 2023. 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 ₹687.74 Cr. The company has closed loans amounting to ₹462.54 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Swelect Energy Systems Limited India are Ramesh Nikhila as CFO and Mr Sathishkumar as Company Secretary. Chellappan Ramasamy, Balan Arthanari, Nachiappan Venkatesan, and Seven other members serve as directors at the Company.
Industry
Company Details
- Location
Chennai, Tamil Nadu, India
- Telephone
- Email Address
- Website
- Social Media
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 |
| Ramesh Nikhila | CFO | 12-Nov-2020 | Current |
| Mr Sathishkumar | Company Secretary | 01-Apr-2016 | Current |
Board Members(9)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Nachiappan Venkatesan | Whole-Time Director | 12-Sep-1994 | Current |
| Balan Arthanari | Whole-Time Director | 12-Sep-1994 | Current |
| Sundaram Annadurai | Director | 28-Jun-2017 | Current |
| Raghunath Chellappan | Whole-Time Director | 11-Nov-2013 | Current |
| Jayashree Nachiappan | Director | 09-Jul-2012 | Current |
| Gnanasekar Samuel | Director | 03-Oct-2015 | Current |
Financial Performance and Corporate Structure Insights 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
| Metric |
| (FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
| ||||||
| Revenue from Operations |
| ||||||
| Total Assets |
| ||||||
| Profit or Loss |
| ||||||
| Net Worth |
| ||||||
| EBITDA |
|
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)
Swelect Electronics Private LimitedActive 36 years 7 monthsChellappan Ramasamy and Balan Arthanari are mutual person
- Swelect Green Energy Solutions Private LimitedActive 14 years 7 days
Chellappan Ramasamy, Balan Arthanari and 1 more are mutual person
- Swelect Power Systems Private LimitedActive 12 years 10 months
Chellappan Ramasamy, Balan Arthanari and 1 more are mutual person
- Swelect Sun Energy Private LimitedActive 3 years 11 months
Chellappan Ramasamy, Balan Arthanari and 5 more are mutual person
- Swelect Renewable Energy Private LimitedActive 3 years 5 months
Chellappan Ramasamy, Nachiappan Venkatesan and 3 more are mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Axis Bank Limited Creation Date: 10 Oct 2023 | ₹20.00 Cr | Open |
State Bank Of India Creation Date: 15 Jul 2023 | ₹6.20 M | Open |
Hdfc Bank Limited Creation Date: 27 May 2023 | ₹80.00 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.
