Madhusudan Electro Circuit Systems Ltd
About Madhusudan Electro Circuit Systems Ltd
Data last updated:
Madhusudan Electro Circuit Systems Ltd is a public limited company based in Kolkata, West Bengal, India. It operates in the industrial machinery retail and distribution segment of the machinery and industrial equipment sector. It was incorporated on 22 April 1996 and has been in existence for over 30 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U29130WB1996PLC079441.
The company has an authorised share capital of ₹20 Lakh and a paid-up capital of ₹5.01 Lakh. It is led by directors including Ashish Kirtania and Sadasivan Polakandathil Janardhanan.
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 19/20 Trinath Building Gc 19 Narayantala West, Kolkata, West Bengal, India – 700059.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.11 Lakh, a decline of 13% compared to the previous year. For the same year it recorded a net profit of ₹18,551 (net margin 16.7%) and EBITDA of ₹21,219 (EBITDA margin 19.1%). Revenue has declined at a compounded annual rate (CAGR) of 12% over three years and 8% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
Madhusudan Electro Circuit Systems has one previous CIN (Corporate Identification Number): U29130WB1996PTC079441. The current CIN is U29130WB1996PLC079441, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U29130WB1996PLC079441 | Current |
| U29130WB1996PTC079441 | Previous |
Contact details
Madhusudan Electro Circuit Systems Ltd's registered office is in Kolkata, West Bengal. Its e-mail address is in the company report.
- Email
- Registered Address19/20 Trinath Building Gc 19 Narayantala West, Kolkata, West Bengal, India – 700059
- IndustryMachinery and Equipment, Industrial Machinery Retail & Distribution
To see the full contact details of Madhusudan Electro Circuit Systems Ltd, 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 Madhusudan Electro Circuit Systems is trade. In detail, this covers retail trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of Madhusudan Electro Circuit Systems Ltd, buy the company report.
Financials of Madhusudan Electro Circuit Systems Ltd
FY 2025 filings availableMadhusudan Electro Circuit Systems Ltd reported revenue of ₹1.11 Lakh (down 13% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 8% over five years, including a 13% fall in the latest year. EBITDA rose 38% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹21,219 | ||||
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| Net Profit (PAT) | ₹18,551 | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA Margin | 19.1% | ||||
| Net Profit Margin | 16.7% | ||||
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To see the full financial statements and ratios of Madhusudan Electro Circuit Systems Ltd, buy the company report.
Board of directors of Madhusudan Electro Circuit Systems Ltd
Madhusudan Electro Circuit Systems has 3 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ashish Kirtania | Director | 16 Jun 2014 | 12 Years 4 Months | Current |
| Sadasivan Polakandathil Janardhanan Also directs: Nippon Commercial Co Ltd, Swadeshi Fan Industries Limited, Figaro Trading Private Limited and 1 more | Director | 15 Mar 2022 | 4 Years 7 Months | Current |
| Sunil Kumar Daga Also directs: Nilkanth Engineering Limited, Amarawati Tea Co Ltd, Mahanagar Engineering Pvt Ltd and 5 more | Director | 22 Apr 1996 | 30 Years 6 Months | Current |
Auditor
Madhusudan Electro Circuit Systems Ltd is audited by CHOUDHARI PRAMOD & CO for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| CHOUDHARI PRAMOD & CO | FY 2020 | 324247E |
Shareholding
The shareholding of Madhusudan Electro Circuit Systems Ltd is on record for 4 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Madhusudan Electro Circuit Systems Ltd, buy the company report.
Legal cases
No court or tribunal cases involving Madhusudan Electro Circuit Systems Ltd are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Madhusudan Electro Circuit Systems Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Madhusudan Electro Circuit Systems Ltd; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Madhusudan Electro Circuit Systems Ltd has 8 board changes on record since 1996: 3 appointments and 5 cessations. The latest: Sadasivan Polakandathil Janardhanan ceased to be Additional Director on 30 Sep 2022.
Frequently asked questions
Madhusudan Electro Circuit Systems is an active public limited company based in Kolkata, West Bengal, India. The company works in industrial machinery retail and distribution, within the machinery and equipment industry. It was incorporated on 22 April 1996 (30+ years old) and is registered under CIN U29130WB1996PLC079441.
Madhusudan Electro Circuit Systems has 3 current directors:
- Ashish Kirtania - Director
- Sadasivan Polakandathil Janardhanan - Director
- Sunil Kumar Daga - Director
The latest financial statements of Madhusudan Electro Circuit Systems on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 29 September 2025. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Madhusudan Electro Circuit Systems is U29130WB1996PLC079441. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Madhusudan Electro Circuit Systems was incorporated on 22 April 1996, making it 30+ years old. It is registered with the Registrar of Companies, Kolkata.
Sadasivan Polakandathil Janardhanan ceased to be Additional Director on 30 Sep 2022. Sadasivan Polakandathil Janardhanan was appointed as Director on 15 Mar 2022. Radha Kishan Gupta ceased to be Director on 06 Mar 2022. Madhusudan Electro Circuit Systems has 8 board changes on record in total.
The registered office of Madhusudan Electro Circuit Systems is at 1920 Trinath Building Gc 19 Narayantala West, Kolkata, West Bengal, India – 700059.
Madhusudan Electro Circuit Systems operates in the machinery and equipment industry, in the industrial machinery retail and distribution segment.
The compliance status of Madhusudan Electro Circuit Systems is compliant as of 07 August 2026. The company is actively filing with the Registrar of Companies.
Madhusudan Electro Circuit Systems can be reached at its registered office: 1920 Trinath Building Gc 19 Narayantala West, Kolkata, West Bengal, India – 700059.
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