Swetha Engineering Limited

This company provides equipment and services for paper and pulp industries, including design, manufacturing, and installation.

1986 | Tiruvallur, Tamil Nadu (India) | Active
Last Updated: November 16, 2024

Swetha Engineering Profile

Key Indicators

  • Authorised Capital ₹ 7.00 Cr
  • Paid Up Capital ₹ 3.75 Cr
  • Company Age 38 Year, 2 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 15.70 Cr
  • Satisfied Charges ₹ 17.44 Cr
  • Revenue Growth 7.63%
  • Profit Growth 23.24%
  • Ebitda 14.46%
  • Net Worth -7.92%
  • Total Assets 31.76%

About Swetha Engineering

Swetha Engineering Limited (SEL) is a leading Public Limited Indian Non-Government Company incorporated in India on 09 December 1986 and has a history of 38 years and two months. Its registered office is in Tiruvallur, 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 7.00 Cr and a paid-up capital of Rs 3.75 Cr.

The company currently has active open charges totaling ₹15.70 Cr. The company has closed loans amounting to ₹17.44 Cr, as per Ministry of Corporate Affairs (MCA) records.

Raguraman Setlur, Sridhar Varadachari, and Nagarajan Varun serve as directors at the Company.

Company Details

  • Location

    Tiruvallur, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U27209TN1986PLC013787

  • Company No.

    013787

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    09 Dec 1986

  • Date of AGM

    16 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Machinery and Equipment

What products or services does Swetha Engineering Limited offer?

Swetha Engineering Limited offers a wide range of products and services, including Turnkey Solutions, Turnkey Projects.

Who are the key members and board of directors at Swetha Engineering?

Executive Team (1)

Name Designation Appointment Date Status
Raguraman Setlur Country flag representing In Managing Director 23-Oct-2011 Current

Board Members (2)

Name Designation Appointment Date Status
Sridhar Varadachari Country flag representing In Whole-Time Director 02-Aug-1988 Current
Nagarajan Varun Country flag representing In Director 28-Dec-2020 Current

Financial Performance of Swetha Engineering.

Swetha Engineering Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 7.63% increase. The company also saw a substantial improvement in profitability, with a 23.24% increase in profit. The company's net worth dipped by a decrease of 7.92%.

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
7.63%
Revenue from Operations
7.62%
Total Assets
31.76%
Profit or Loss
23.24%
Net Worth
-7.92%
EBITDA
14.46%

What is the Ownership and Shareholding Structure of Swetha Engineering?

In 2023, Swetha Engineering had a promoter holding of 30.47% and a public holding of 69.53%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹15.70 Cr

Satisfied Charges

₹17.44 Cr

Charges Breakdown by Lending Institutions

  • Others : 15.70 Cr

Latest Charge Details

Date Lender Amount Status
31 Mar 2006 Others ₹15.70 Cr Open
19 Oct 2020 Others ₹9.00 M Satisfied
10 Jan 2018 Others ₹5.00 M Satisfied
05 Nov 2016 Others ₹1.50 Cr Satisfied
29 Sep 2016 Others ₹7.50 M Satisfied

How Many Employees Work at Swetha Engineering?

Swetha Engineering has a workforce of 70 employees as of Mar 29, 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 Swetha Engineering, 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 Swetha Engineering'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 Swetha Engineering

Recent activity within the organization

  • Annual General Meeting

    Swetha Engineering Limited last Annual general meeting of members was held on 16 Sep 2024 as per latest MCA records.

    16 Sep 2024

  • Charges

    A charge registered on 19 Oct 2020 via Charge ID 100385901 with Others was fully satisfied on 16 Apr 2024.

    16 Apr 2024

  • Balance Sheet

    Swetha Engineering Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.

    31 Mar 2024

  • Charges

    A charge with Others of Rs. 15.70 Cr registered on 31 Mar 2006 with Charge ID 80014364 was modified on 06 Jan 2024.

    06 Jan 2024

  • Charges

    A charge registered on 10 Jan 2018 via Charge ID 100152745 with Others was fully satisfied on 27 Jul 2021.

    27 Jul 2021

  • Director Appointment

    Nagarajan Varun was appointed as a Director was appointed as a Director on 28 Dec 2020 & has been associated with this company since 4 years 1 month .

    28 Dec 2020

Frequently asked questions

  • Swetha Engineering Limited was incorporated on 09 Dec 1986.

  • The authorized share capital of Swetha Engineering Limited is ₹ 7.00 Cr and paid-up capital is ₹ 3.75 Cr.

  • Currently 3 directors are associated with Swetha Engineering Limited.

    • Raguraman Varadhachari Setlur
    • Sridhar Setlur Varadachari
    • Nagarajan Varun
  • As per Ministry of Corporate Affairs (Mca), the registered address of Swetha Engineering Limited is 123-131-Tass Industrial Estate Ambattur India, Chennai, Tamil Nadu, 600098.

  • The corporate identification number (CIN) of Swetha Engineering Limited is U27209TN1986PLC013787 and the company number is 013787 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Swetha Engineering Limited is https://www.swethaeng.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Swetha Engineering Limited has risen by 7.63%.

  • As Per 2023 financial reports, 70 employees are currently employed by Swetha Engineering Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Swetha Engineering Limited has experienced an downturn of -7.92%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Swetha Engineering Limited amount to ₹ 15.70 Cr.

  • The most recent Balance Sheet for Swetha Engineering Limited was filed with the ROC on 31 Mar 2024.

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