United Electrical Industries Ltd

Manufactures energy meters with a wide range of products and large production capacity.

1960 | Kollam, Kerala (India) | Active
Last Updated: December 23, 2024

United Electrical Industries Profile

Key Indicators

  • Authorised Capital ₹ 6.50 Cr
  • Paid Up Capital ₹ 4.99 Cr
  • Company Age 64 Year, 4 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 11.79 Cr
  • Revenue Growth -7.62%
  • Profit Growth -14.69%
  • Ebitda 0.97%
  • Net Worth -14.88%
  • Total Assets 23.08%

About United Electrical Industries

United Electrical Industries Ltd (UEIL) was founded in India on 03 October 1960 and has a glorious history of 64 years and four months. Its registered office is in Kollam, Kerala, India.

The Company is engaged in the Electrical 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 6.50 Cr and a paid-up capital of Rs 4.99 Cr.

The company currently has active open charges totaling ₹11.79 Cr.

Binoy Valiyamurathankal, Paraman Kumaran, Vinayakumar Nambiar, and Two other members serve as directors at the Company.

Company Details

  • Location

    Kollam, Kerala, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U31200KL1960SGC001281

  • Company No.

    001281

  • Company Classification

    Public Limited State Government Company

  • Incorporation Date

    03 Oct 1960

  • Date of AGM

    09 Aug 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ernakulam

Industry

Electrical

What products or services does United Electrical Industries Ltd offer?

United Electrical Industries Ltd offers a wide range of products and services, including VFD, PLC, HMI & Control Equipments, Starters, Fuses, Circuit Breakers & Components, High Voltage Circuit Breakers, Energy Meter, Single Phase Electronic Energy Meter, Electrical & Electronic Test Devices.

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

Executive Team (1)

Name Designation Appointment Date Status
Vinayakumar Nambiar Country flag representing In Managing Director 19-Aug-2015 Current

Board Members (4)

Name Designation Appointment Date Status
Binoy Valiyamurathankal Country flag representing In Director 26-Nov-2021 Current
Paraman Kumaran Country flag representing In Director 20-Jul-2017 Current
Muraleedharan Pillai Country flag representing In Director 22-Nov-2017 Current
Sarasamma Latha Country flag representing In Director 21-Apr-2021 Current

Financial Performance of United Electrical Industries.

United Electrical Industries Ltd, for the financial year ended 2022, experienced Minor drop in revenue, with a 7.62% decrease. The company also saw a substantial fall in profitability, with a 14.69% decrease in profit. The company's net worth observed a substantial decline by a decrease of 14.88%.

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
-7.62%
Revenue from Operations
-4.85%
Total Assets
23.08%
Profit or Loss
-14.69%
Net Worth
-14.88%
EBITDA
0.97%

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

In 2023, United Electrical Industries had a promoter holding of 77.76% and a public holding of 22.24%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹11.79 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • State Bank Of India : 9.09 Cr
  • Others : 2.27 Cr
  • State Bank Of Travancore : 0.33 Cr
  • Governor Of Kerala : 0.10 Cr

Latest Charge Details

Date Lender Amount Status
27 Aug 2024 State Bank Of India ₹5.20 M Open
11 Apr 2024 Others ₹2.27 Cr Open
08 Oct 1998 State Bank Of Travancore ₹1.50 M Open
24 Sep 1992 State Bank Of India ₹8.57 Cr Open
27 Jun 1968 State Bank Of Travancore ₹1.80 M Open

How Many Employees Work at United Electrical Industries?

United Electrical Industries has a workforce of 1 employees as of Apr 06, 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 United 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 United 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 United Electrical Industries

Recent activity within the organization

  • Charges

    A charge with State Bank Of India amounted to Rs. 0.52 Cr with Charge ID 100976813 was registered on 27 Aug 2024.

    27 Aug 2024

  • Annual General Meeting

    United Electrical Industries Ltd last Annual general meeting of members was held on 09 Aug 2024 as per latest MCA records.

    09 Aug 2024

  • Charges

    A charge with Others amounted to Rs. 2.27 Cr with Charge ID 100910092 was registered on 11 Apr 2024.

    11 Apr 2024

  • Balance Sheet

    United Electrical Industries Ltd has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ernakulam.

    31 Mar 2024

  • Charges

    A charge with State Bank Of India of Rs. 8.57 Cr registered on 24 Sep 1992 with Charge ID 90015986 was modified on 05 Aug 2023.

    05 Aug 2023

  • Director Appointment

    Binoy Joseph Valiyamurathankal was appointed as a Director was appointed as a Director on 26 Nov 2021 & has been associated with this company since 3 years 2 months .

    26 Nov 2021

Frequently asked questions

  • United Electrical Industries Ltd was incorporated on 03 Oct 1960.

  • The authorized share capital of United Electrical Industries Ltd is ₹ 6.50 Cr and paid-up capital is ₹ 4.99 Cr.

  • Currently 5 directors are associated with United Electrical Industries Ltd.

    • Binoy Joseph Valiyamurathankal
    • Paraman Kumaran
    • Vinayakumar Rajagopalan Nambiar
    • Muraleedharan Pillai Madhavan Pillai
    • Sarasamma Latha
  • As per Ministry of Corporate Affairs (Mca), the registered address of United Electrical Industries Ltd is Pallimukkupallimukku Pallimukku India, Quilon, Kerala, 691010.

  • The corporate identification number (CIN) of United Electrical Industries Ltd is U31200KL1960SGC001281 and the company number is 001281 as per Ministry of Corporate Affairs (MCA).

  • The Official website of United Electrical Industries Ltd is https://www.unilec.co.in

  • According to the financial reports for the fiscal year 2022, the revenue trend for United Electrical Industries Ltd has fallen by -7.62%.

  • As Per 2022 financial reports, 1 employees are currently employed by United Electrical Industries Ltd.

  • The financial reports for the fiscal year 2022 indicates that The net worth of United Electrical Industries Ltd has experienced an downturn of -14.88%.

  • As per the financial statements for fiscal Year 2022, The total open charges for United Electrical Industries Ltd amount to ₹ 11.79 Cr.

  • The most recent Balance Sheet for United Electrical Industries Ltd was filed with the ROC on 31 Mar 2024.

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