Current Power Equipments Private Limited
About Current Power Equipments Private Limited
Data last updated:
Current Power Equipments Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the power equipment manufacturers segment of the energy and power sector. It was incorporated on 30 September 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U40300TN2014PTC097560. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors including Hiren Mahendra Botadra and Saravanan Manoharan.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at Survey No.214 Thirumudivakkam Village (Near SIDCO), Chennai, Tamil Nadu, India – 600044.
As per the financials filed for FY 2019, the company reported a revenue of ₹26.95 Lakh, a decline of 52% compared to the previous year. For the same year it recorded a net loss of ₹28.64 Lakh (net margin -106.3%) and EBITDA of -₹27.64 Lakh (EBITDA margin -102.6%). Revenue has declined at a compounded annual rate (CAGR) of 29% over three years.
The company has about 1 employee on its provident fund (EPFO) records.
Court records list 4 cases involving the company, including 4 filed by the company; 3 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Current Power Equipments Private Limited's registered office is in Chennai, Tamil Nadu. Its e-mail address is in the company report.
- Email
- Registered AddressSurvey No.214 Thirumudivakkam Village (Near SIDCO), Chennai, Tamil Nadu, India – 600044
- IndustryEnergy and Power, Power Equipment Manufacturers
To see the full contact details of Current Power Equipments Private Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Business activity
The main business activity of Current Power Equipments is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment |
Financials of Current Power Equipments Private Limited
FY 2022 filings availableCurrent Power Equipments Private Limited reported revenue of ₹26.95 Lakh (down 52% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 29% over three years, including a 52% fall in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹26.95 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹27.64 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹28.64 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
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| Inventories | |||||
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Financial Ratios
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -102.6% | ||||
| Net Profit Margin | -106.3% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Current Power Equipments Private Limited, buy the company report.
Board of directors of Current Power Equipments Private Limited
Current Power Equipments has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Hiren Mahendra Botadra Also directs: Current Electricals Limited | Director | 30 Sep 2014 | 12 Years 0 Months | Current |
| Saravanan Manoharan | Director | 30 Sep 2014 | 12 Years 0 Months | Current |
| Charu Ketan Bagadia Also directs: Nexus Finvest Private Limited | Director | 30 Sep 2014 | 12 Years 0 Months | Current |
Auditor
Current Power Equipments Private Limited is audited by K R CHAUHAN & CO for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| K R CHAUHAN & CO | FY 2019 | 006663S |
Shareholding
The shareholding of Current Power Equipments Private Limited is on record for 5 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Current Power Equipments Private Limited, buy the company report.
Legal cases
Current Power Equipments Private Limited has 4 court cases on record: 4 filed by Current Power Equipments. 3 cases are pending and 1 is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| NCLAT | 4 | 0 | 3 |
Cases on record (2 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLAT, Court I | Tribunal matter | Filed by the company against an individual | Pending |
| NCLAT, Court I | Tribunal matter | Filed by the company against B.Ramana Kumar Interim Resolution Professional Krishna Energy Private Limited | Disposed |
To see the full case history of Current Power Equipments Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Current Power Equipments Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Current Power Equipments Private Limited has a workforce of 1 employees on its EPFO records as of Apr 04, 2024, across 1 active EPFO establishment.
GST
Current Power Equipments has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Current Power Equipments Private Limited, buy the company report.
Recent activity
Current Power Equipments Private Limited has 4 board changes on record since 2014: 3 appointments and 1 cessation. The latest: Saravanan Manoharan ceased to be Director on 24 Jul 2020.
Frequently asked questions
Current Power Equipments is an active private limited company based in Chennai, Tamil Nadu, India. The company works in power equipment manufacturers, within the energy and power industry. It was incorporated on 30 September 2014 (12+ years old) and is registered under CIN U40300TN2014PTC097560.
Current Power Equipments has 3 current directors:
- Hiren Mahendra Botadra - Director
- Saravanan Manoharan - Director
- Charu Ketan Bagadia - Director
The latest financial statements of Current Power Equipments on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from 2015 are in the company report.
No. Current Power Equipments has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Current Power Equipments is U40300TN2014PTC097560. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Current Power Equipments has 4 court cases on record: 4 filed by the company. 3 are pending.
Current Power Equipments was incorporated on 30 September 2014, making it 12+ years old. It is registered with the Registrar of Companies, Chennai.
Saravanan Manoharan ceased to be Director on 24 Jul 2020. Charu Ketan Bagadia was appointed as Director on 30 Sep 2014. Hiren Mahendra Botadra was appointed as Director on 30 Sep 2014. Current Power Equipments has 4 board changes on record in total.
The registered office of Current Power Equipments is at Survey No.214 Thirumudivakkam Village Near SIDCO, Chennai, Tamil Nadu, India – 600044.
Current Power Equipments operates in the energy and power industry, in the power equipment manufacturers segment.