The Mysore Electrical Industries Limited

Manufacturer of high-quality switchgear, motor control gears, and electronic relays for industrial and international markets.

1945 | Bangalore, Karnataka (India) | Active
Last Updated: July 26, 2024

The Mysore Electrical Industries Profile

Key Indicators

  • Authorised Capital ₹ 10.00 Cr
  • Paid Up Capital ₹ 9.99 Cr
  • Company Age 79 Year, 11 Months
  • Last Filing with ROC 31 Mar 2023
  • Revenue Growth -0.90%
  • Profit Growth 55.72%
  • Ebitda 88.58%
  • Net Worth 7.76%
  • Total Assets 2.28%

About The Mysore Electrical Industries

The Mysore Electrical Industries Limited (TMEIL) was founded in India on 13 February 1945 and has a glorious history of 79 years and 11 months. Its registered office is in Bangalore, Karnataka, 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 2023. It's a company limited by shares with an authorized capital of Rs 10.00 Cr and a paid-up capital of Rs 9.99 Cr, as per Ministry of Corporate Affairs (MCA) records.

Gauravgupta, Pankaj Pandey, Hatrabailu Shobha, and Six other members serve as directors at the Company.

Company Details

  • Location

    Bangalore, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -
  • Apps

Corporate Identity Details

  • CIN/LLPIN

    U85110KA1945SGC000367

  • Company No.

    000367

  • Company Classification

    Public Limited State Government Company

  • Incorporation Date

    13 Feb 1945

  • Date of AGM

    24 Nov 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Energy and Power

Who are the key members and board of directors at The Mysore Electrical Industries?

Executive Team (1)

NameDesignationAppointment DateStatus
Chikkadlore Sridhara Country flag representing In Managing Director20-Jul-2023Current

Board Members (8)

NameDesignationAppointment DateStatus
Gauravgupta Country flag representing In Nominee Director 05-Jun-2023Current
Pankaj Pandey Country flag representing In Nominee Director 06-Jun-2023Current
Hatrabailu Shobha Country flag representing In Nominee Director 03-Aug-2020Current
Rajee Jayakumar Country flag representing In Director 25-Jun-2024Current
Susainathan Manohar Country flag representing In Nominee Director 03-Apr-2024Current
Hanumanthappa Ramesh Country flag representing In Director 18-Mar-2023Current

Financial Performance of The Mysore Electrical Industries.

The Mysore Electrical Industries Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 0.9% decrease. The company also saw a substantial improvement in profitability, with a 55.72% increase in profit. The company's net worth moved up by a moderate rise of 7.76%.

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
-0.90%
Revenue from Operations
1.27%
Total Assets
2.28%
Profit or Loss
55.72%
Net Worth
7.76%
EBITDA
88.58%

What is the Ownership and Shareholding Structure of The Mysore Electrical Industries?

In 2023, The Mysore Electrical Industries had a promoter holding of 99.99%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at The Mysore Electrical Industries?

The Mysore Electrical Industries has a workforce of 88 employees as of Apr 01, 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 The Mysore Electrical Industries, 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 The Mysore Electrical Industries'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 The Mysore Electrical Industries

Recent activity within the organization

  • Director Appointment

    Suranahalli Veerappa Manjunatha was appointed as a Director was appointed as a Director on 20 Jul 2024 & has been associated with this company since 6 months 13 days .

    20 Jul 2024

  • Director Appointment

    Rajee Jayakumar was appointed as a Director was appointed as a Director on 25 Jun 2024 & has been associated with this company since 7 months 7 days .

    25 Jun 2024

  • Director Appointment

    Susainathan Manohar was appointed as a Nominee Director was appointed as a Nominee Director on 03 Apr 2024 & has been associated with this company since 9 months 29 days .

    03 Apr 2024

  • Annual General Meeting

    The Mysore Electrical Industries Limited last Annual general meeting of members was held on 24 Nov 2023 as per latest MCA records.

    24 Nov 2023

  • Director Appointment

    Gauravgupta was appointed as a Nominee Director was appointed as a Nominee Director on 05 Jun 2023 & has been associated with this company since 1 year 7 months .

    05 Jun 2023

  • Balance Sheet

    The Mysore Electrical Industries Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.

    31 Mar 2023

Frequently asked questions

  • The Mysore Electrical Industries Limited was incorporated on 13 Feb 1945.

  • The authorized share capital of The Mysore Electrical Industries Limited is ₹ 10.00 Cr and paid-up capital is ₹ 9.99 Cr.

  • Currently 9 directors are associated with The Mysore Electrical Industries Limited.

    • Gauravgupta
    • Pankaj Kumar Pandey
    • Hatrabailu Anantha Krishna Shobha
    • Rajee Jayakumar
    • Susainathan Manohar
    • Hanumanthappa Jayamma Ramesh
    • Chikkadlore Ningaiah Sridhara
    • Basavarajaiah Kuppuralingaiah
    • Suranahalli Veerappa Manjunatha
  • As per Ministry of Corporate Affairs (Mca), the registered address of The Mysore Electrical Industries Limited is Tumkur Road P.B.No.2221Bangalore, Karnataka, India, 560022.

  • The corporate identification number (CIN) of The Mysore Electrical Industries Limited is U85110KA1945SGC000367 and the company number is 000367 as per Ministry of Corporate Affairs (MCA).

  • The Official website of The Mysore Electrical Industries Limited is https://www.mei.karnataka.gov.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for The Mysore Electrical Industries Limited has fallen by -0.90%.

  • As Per 2023 financial reports, 88 employees are currently employed by The Mysore Electrical Industries Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of The Mysore Electrical Industries Limited has experienced an upsurge of 7.76%.

  • The most recent Balance Sheet for The Mysore Electrical Industries Limited was filed with the ROC on 31 Mar 2023.

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