Torrent Electricals Private Limited

Founded in 2019 and headquartered in Gujarat, India.

2019 | Kheda, Gujarat (India) | Active
Last Updated:

Torrent Electricals Profile

Key Indicators

  • Authorised Capital ₹ 127.00 Cr
  • Paid Up Capital ₹ 84.00 Cr
  • Company Age 5 Year, 4 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 150.00 Cr
  • Revenue Growth 21.92%
  • Profit Growth 75.25%
  • Ebitda 7256.28%
  • Net Worth -69.78%
  • Total Assets 17.02%

About Torrent Electricals

Torrent Electricals Private Limited (TEPL) is a Private Limited Indian Non-Government Company incorporated in India on 23 October 2019 (Five years and four months 13 days old ). Its registered office is in Kheda, Gujarat, India.

The Corporate was formerly known as Tcl Cables Private Limited. The Company is engaged in the Manufacturing 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 127.00 Cr and a paid-up capital of Rs 84.00 Cr.

The company currently has active open charges totaling ₹150.00 Cr.

The Key Managerial Personnel (KMP) at Torrent Electricals Private Limited India are Mayank Pandya as Cfo, Rashmikant Mankodi as Company Secretary, and Sachin Phartiyal as Ceo. Jayesh Desai and Varun Mehta serve as directors at the Company.

Company Details

  • Location

    Kheda, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    torrentpower.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U31904GJ2019PTC110468

  • Company No.

    110468

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    23 Oct 2019

  • Date of AGM

    05 Aug 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Manufacturing

Who are the key members and board of directors at Torrent Electricals?

Executive Team (3)

NameDesignationAppointment DateStatus
Mayank Pandya CFO28-Oct-2022Current
Rashmikant Mankodi Company Secretary28-Oct-2022Current
Sachin Phartiyal CEO14-Jun-2024Current

Board Members (2)

NameDesignationAppointment DateStatus
Jayesh Desai Country flag representing In Additional Director Current
Varun Mehta Country flag representing In Director 23-Oct-2019Current

Financial Performance of Torrent Electricals.

Torrent Electricals Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 21.92% increase. The company also saw a substantial improvement in profitability, with a 75.25% increase in profit. The company's net worth observed a substantial decline by a decrease of 69.78%.

Torrent Electricals revenue growth over time
Torrent Electricals 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
21.92%
Revenue from Operations
21.92%
Total Assets
17.02%
Profit or Loss
75.25%
Net Worth
-69.78%
EBITDA
7256.28%

What is the Ownership and Shareholding Structure of Torrent Electricals?

In 2023, Torrent Electricals 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

₹150.00 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 150.00 Cr

Latest Charge Details

DateLenderAmountStatus
15 Jul 2023Axis Bank Limited₹150.00 CrOpen

How Many Employees Work at Torrent Electricals?

Unlock and access historical data on people associated with Torrent Electricals, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee growth trends for Torrent Electricals Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Torrent Electricals, 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 Torrent Electricals'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 Torrent Electricals

Recent activity within the organization

  • Director Appointment

    Sachin Phartiyal was appointed as a Ceo was appointed as a Ceo on 14 Jun 2024 & has been associated with this company since 8 months 20 days .

  • Annual General Meeting

    Torrent Electricals Private Limited last Annual general meeting of members was held on 05 Aug 2023 as per latest MCA records.

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 150.00 Cr with Charge ID 100759041 was registered on 15 Jul 2023.

  • Balance Sheet

    Torrent Electricals Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ahmedabad.

  • Director Appointment

    Mayank Ishwarbhai Pandya was appointed as a Cfo was appointed as a Cfo on 28 Oct 2022 & has been associated with this company since 2 years 4 months .

  • Director Appointment

    Rashmikant Kishorrai Mankodi was appointed as a Company Secretary was appointed as a Company Secretary on 28 Oct 2022 & has been associated with this company since 2 years 4 months .

Frequently asked questions

  • What is the Incorporation or founding date of Torrent Electricals Private Limited?

    Torrent Electricals Private Limited was incorporated on 23 Oct 2019.

  • What is authorized share capital and paid-up capital of Torrent Electricals Private Limited?

    The authorized share capital of Torrent Electricals Private Limited is ₹ 127.00 Cr and paid-up capital is ₹ 84.00 Cr.

  • Who are the current board members & directors of Torrent Electricals Private Limited?

    Currently 5 directors are associated with Torrent Electricals Private Limited.

    • Mayank Ishwarbhai Pandya
    • Rashmikant Kishorrai Mankodi
    • Jayesh Narendrakumar Desai
    • Varun Sudhir Mehta
    • Sachin Phartiyal

  • What is the registered address of Torrent Electricals Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Torrent Electricals Private Limited is Torrent Power Ltd - Cables Unit Yoginagar Mission Road India, Nadiad, Gujarat, 387002.

  • What is the corporate identification number (CIN) and company number of Torrent Electricals Private Limited?

    The corporate identification number (CIN) of Torrent Electricals Private Limited is U31904GJ2019PTC110468 and the company number is 110468 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Torrent Electricals Private Limited?

    The Official website of Torrent Electricals Private Limited is https://www.torrentpower.com

  • What has been the recent revenue trend for Torrent Electricals Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Torrent Electricals Private Limited has risen by 21.92%.

  • What change has been observed in the net worth of Torrent Electricals Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Torrent Electricals Private Limited has experienced an downturn of -69.78%.

  • What are the total open charges for Torrent Electricals Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Torrent Electricals Private Limited amount to ₹ 150.00 Cr.

  • When was the last Balance Sheet of Torrent Electricals Private Limited filed with the ROC?

    The most recent Balance Sheet for Torrent Electricals Private Limited was filed with the ROC on 31 Mar 2023.

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