Tricolite Electrical Industries Ltd

Manufacturer of electrical components such as switchboards, panels, and heavy engineering products for various clients.

1987 | New Delhi, Delhi (India) | Active
Last Updated: July 17, 2024

Tricolite Electrical Industries Profile

Key Indicators

  • Authorised Capital ₹ 11.50 Cr
  • Paid Up Capital ₹ 2.93 Cr
  • Company Age 37 Year, 11 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 72.50 Cr
  • Satisfied Charges ₹ 160.69 Cr
  • Revenue Growth 24.15%
  • Profit Growth 129.98%
  • Ebitda 81.01%
  • Net Worth 23.38%
  • Total Assets 8.92%

About Tricolite Electrical Industries

Tricolite Electrical Industries Ltd (TEIL) is a leading Public Limited Indian Non-Government Company incorporated in India on 19 March 1987 and has a history of 37 years and 11 months. Its registered office is in New Delhi, Delhi, India.

The Corporate was formerly known as Tricolite Electrical Industries Pvt Ltd. 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 11.50 Cr and a paid-up capital of Rs 2.93 Cr.

The company currently has active open charges totaling ₹72.50 Cr. The company has closed loans amounting to ₹160.69 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Tricolite Electrical Industries Ltd India is Rajiv Gupta as CEO. Amitabh Nangia, Gautam Kumar, Abhishek Nangia, and Three other members serve as directors at the Company.

Company Details

  • Location

    New Delhi, Delhi, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    tricolite.com

  • Social Media
  • Apps

Corporate Identity Details

  • CIN/LLPIN

    U74999DL1987PLC027351

  • Company No.

    027351

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    19 Mar 1987

  • Date of AGM

    24 Aug 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Energy and Power

What products or services does Tricolite Electrical Industries Ltd offer?

Tricolite Electrical Industries Ltd offers a wide range of products and services, including Electric Control Panel, Low Voltage Panels, Double Busbar Panel, Electronic Relays & Parts, Control Relays, Vacuum Circuit Breaker, Vacuum Circuit Breaker Panel, Electrical Panels & Distribution Box, Busbar Systems, Power Control Center.

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

Executive Team (1)

NameDesignationAppointment DateStatus
Rajiv Gupta CEO07-Feb-2022Current

Board Members (6)

NameDesignationAppointment DateStatus
Meera Chauhan Country flag representing In Whole-Time Director 06-Aug-2005Current
Gautam Kumar Country flag representing In Whole-Time Director 19-Mar-1987Current
Amitabh Nangia Country flag representing In Whole-Time Director 19-Mar-1987Current
Abhishek Nangia Country flag representing In Director 06-Aug-2005Current
Pradeep Bajaj Country flag representing In Additional Director Current
Vipin Khanna Country flag representing In Director 20-Mar-2015Current

Financial Performance of Tricolite Electrical Industries.

Tricolite Electrical Industries Ltd, for the financial year ended 2023, experienced significant growth in revenue, with a 24.15% increase. The company also saw a substantial improvement in profitability, with a 129.98% increase in profit. The company's net worth Soared by an impressive increase of 23.38%.

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
24.15%
Revenue from Operations
24.40%
Total Assets
8.92%
Profit or Loss
129.98%
Net Worth
23.38%
EBITDA
81.01%

What is the Ownership and Shareholding Structure of Tricolite Electrical Industries?

In 2023, Tricolite Electrical Industries 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

₹72.50 Cr

Satisfied Charges

₹160.69 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 30.74 Cr
  • The Hongkong And Shanghai Banking Corporation Limited : 21.55 Cr
  • State Bank Of India : 17.63 Cr
  • Others : 2.58 Cr

Latest Charge Details

DateLenderAmountStatus
16 Oct 2023Others₹4.67 MOpen
24 Aug 2023Others₹2.11 CrOpen
09 Nov 2022The Hongkong And Shanghai Banking Corporation Limited₹1.55 CrOpen
09 Nov 2022The Hongkong And Shanghai Banking Corporation Limited₹20.00 CrOpen
30 Jan 2018State Bank Of India₹17.63 CrOpen

How Many Employees Work at Tricolite Electrical Industries?

Tricolite Electrical Industries has a workforce of 128 employees as of Apr 04, 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 Tricolite 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 Tricolite 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 Tricolite Electrical Industries

Recent activity within the organization

  • Charges

    A charge with Others amounted to Rs. 0.47 Cr with Charge ID 100794968 was registered on 16 Oct 2023.

    16 Oct 2023

  • Charges

    A charge with The Hongkong And Shanghai Banking Corporation Limited of Rs. 1.55 Cr registered on 09 Nov 2022 with Charge ID 100628936 was modified on 26 Sep 2023.

    26 Sep 2023

  • Charges

    A charge with Others amounted to Rs. 2.11 Cr with Charge ID 100780596 was registered on 24 Aug 2023.

    24 Aug 2023

  • Annual General Meeting

    Tricolite Electrical Industries Ltd last Annual general meeting of members was held on 24 Aug 2023 as per latest MCA records.

    24 Aug 2023

  • Balance Sheet

    Tricolite Electrical Industries Ltd has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Delhi.

    31 Mar 2023

  • Charges

    A charge with The Hongkong And Shanghai Banking Corporation Limited of Rs. 20.00 Cr registered on 09 Nov 2022 with Charge ID 100641895 was modified on 10 Mar 2023.

    10 Mar 2023

Frequently asked questions

  • Tricolite Electrical Industries Ltd was incorporated on 19 Mar 1987.

  • The authorized share capital of Tricolite Electrical Industries Ltd is ₹ 11.50 Cr and paid-up capital is ₹ 2.93 Cr.

  • Currently 7 directors are associated with Tricolite Electrical Industries Ltd.

    • Amitabh Nangia
    • Gautam Kumar
    • Abhishek Nangia
    • Meera Kumar Chauhan
    • Pradeep Kumar Bajaj
    • Vipin Khanna
    • Rajiv Gupta
  • As per Ministry of Corporate Affairs (Mca), the registered address of Tricolite Electrical Industries Ltd is 70A/13 Najafgarh Road Industrial Area, New Delhi, India, 110015.

  • The corporate identification number (CIN) of Tricolite Electrical Industries Ltd is U74999DL1987PLC027351 and the company number is 027351 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Tricolite Electrical Industries Ltd is https://www.tricolite.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Tricolite Electrical Industries Ltd has risen by 24.15%.

  • As Per 2023 financial reports, 128 employees are currently employed by Tricolite Electrical Industries Ltd.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Tricolite Electrical Industries Ltd has experienced an upsurge of 23.38%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Tricolite Electrical Industries Ltd amount to ₹ 72.50 Cr.

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

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