Waves Electronics Pvt Ltd

Founded in 1972 and headquartered in Kerala, India.

1972 | Ernakulam, Kerala (India) | Active
Last Updated: July 31, 2024

Waves Electronics Profile

Key Indicators

  • Authorised Capital ₹ 3.00 Cr
  • Paid Up Capital ₹ 2.46 Cr
  • Company Age 52 Year, 11 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 13.05 Cr
  • Satisfied Charges ₹ 1.54 M
  • Revenue Growth -12.24%
  • Profit Growth 19.32%
  • Ebitda -133.55%
  • Net Worth -10.06%
  • Total Assets 7.04%

About Waves Electronics

Waves Electronics Pvt Ltd (WEPL) was founded in India on 23 March 1972 and has a glorious history of 52 years and 11 months. Its registered office is in Ernakulam, Kerala, 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 3.00 Cr and a paid-up capital of Rs 2.46 Cr.

The company currently has active open charges totaling ₹13.05 Cr. The company has closed loans amounting to ₹1.54 M, as per Ministry of Corporate Affairs (MCA) records.

Mohan Mathew, Aby Chacko, Frany Chakramakkil, and Three other members serve as directors at the Company.

Company Details

  • Location

    Ernakulam, Kerala, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    waveselectronics.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U29299KL1972PTC002411

  • Company No.

    002411

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    23 Mar 1972

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ernakulam

Industry

Energy and Power

What products or services does Waves Electronics Pvt Ltd offer?

Waves Electronics Pvt Ltd offers a wide range of products and services, including Electrical Panels & Distribution Box, Industrial Control Panel, Diodes & Electronic Active Devices, Thyristors, Power Supply Systems, Switch Mode Power Supply, Industrial and Automotive Battery Charger, Automatic Battery Charger, Motor Control Panels, VFD Panels.

Who are the key members and board of directors at Waves Electronics?

Executive Team (1)

NameDesignationAppointment DateStatus
Majrooh James Country flag representing In Managing Director17-Aug-2021Current

Board Members (5)

NameDesignationAppointment DateStatus
Aby Chacko Country flag representing In Director 30-Jul-2014Current
Mohan Mathew Country flag representing In Director 31-May-2019Current
Frany Chakramakkil Country flag representing In Director 14-Mar-2012Current
Chacko Palathingal Country flag representing In Director 28-Sep-2006Current
Jojo Vallivattam Country flag representing In Director 17-Aug-2021Current

Financial Performance of Waves Electronics.

Waves Electronics Pvt Ltd, for the financial year ended 2023, experienced significant reduction in revenue, with a 12.24% decrease. The company also saw a substantial improvement in profitability, with a 19.32% increase in profit. The company's net worth observed a substantial decline by a decrease of 10.06%.

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
-12.24%
Revenue from Operations
-13.91%
Total Assets
7.04%
Profit or Loss
19.32%
Net Worth
-10.06%
EBITDA
-133.55%

What is the Ownership and Shareholding Structure of Waves Electronics?

In 2023, Waves Electronics had a promoter holding of 88.13% and a public holding of 11.87%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹13.05 Cr

Satisfied Charges

₹0.15 Cr

Charges Breakdown by Lending Institutions

  • Others : 9.15 Cr
  • Indian Bank : 3.90 Cr

Latest Charge Details

DateLenderAmountStatus
30 Nov 2023Others₹2.25 CrOpen
21 Oct 2023Indian Bank₹3.70 MOpen
06 Dec 2022Others₹2.00 CrOpen
02 Nov 2021Others₹2.00 CrOpen
04 Dec 2017Others₹8.50 MOpen

How Many Employees Work at Waves Electronics?

Waves Electronics has a workforce of 40 employees as of Apr 08, 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 Waves Electronics, 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 Waves Electronics'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 Waves Electronics

Recent activity within the organization

  • Charges

    A charge with Others amounted to Rs. 2.25 Cr with Charge ID 100820881 was registered on 30 Nov 2023.

    30 Nov 2023

  • Charges

    A charge with Indian Bank amounted to Rs. 0.37 Cr with Charge ID 100814282 was registered on 21 Oct 2023.

    21 Oct 2023

  • Annual General Meeting

    Waves Electronics Pvt Ltd last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Waves Electronics Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ernakulam.

    31 Mar 2023

  • Charges

    A charge with Others amounted to Rs. 2.00 Cr with Charge ID 100650789 was registered on 06 Dec 2022.

    06 Dec 2022

  • Charges

    A charge with Indian Bank of Rs. 1.38 Cr registered on 14 Oct 1997 with Charge ID 90022330 was modified on 10 Dec 2021.

    10 Dec 2021

Frequently asked questions

  • Waves Electronics Pvt Ltd was incorporated on 23 Mar 1972.

  • The authorized share capital of Waves Electronics Pvt Ltd is ₹ 3.00 Cr and paid-up capital is ₹ 2.46 Cr.

  • Currently 6 directors are associated with Waves Electronics Pvt Ltd.

    • Mohan Paul Mathew
    • Aby Chacko
    • Frany George Chakramakkil
    • Chacko Ittyara Palathingal
    • Jojo Jose Vallivattam
    • Majrooh James
  • As per Ministry of Corporate Affairs (Mca), the registered address of Waves Electronics Pvt Ltd is 155B Xvth Lane Toc-H-Road Vyttila, Cochin India, Ernakulam, Kerala, 682019.

  • The corporate identification number (CIN) of Waves Electronics Pvt Ltd is U29299KL1972PTC002411 and the company number is 002411 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Waves Electronics Pvt Ltd is https://www.waveselectronics.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Waves Electronics Pvt Ltd has fallen by -12.24%.

  • As Per 2023 financial reports, 40 employees are currently employed by Waves Electronics Pvt Ltd.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Waves Electronics Pvt Ltd has experienced an downturn of -10.06%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Waves Electronics Pvt Ltd amount to ₹ 13.05 Cr.

  • The most recent Balance Sheet for Waves Electronics Pvt Ltd was filed with the ROC on 31 Mar 2023.

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