About Accel Oem Appliances Limited
Data last updated:
Accel Oem Appliances Limited was a public limited company based in Chennai, Tamil Nadu, India, operated as a subsidiary of Accel Limited. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the electronics manufacturing segment of the consumer electronics and durables sector. It was incorporated on 22 March 2000.
The company was registered with the Registrar of Companies (ROC), Chennai, under CIN U64201TN2000PLC044470. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹1 Cr and a paid-up capital of ₹98.01 Lakh. It was formerly known as Accel Tele.Net Limited. It was led by directors including Joseph Kurumkulathil and Narayana Pillai Reghoothama Panicker.
Its last annual general meeting (AGM) was held on 27 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office was at Chennai, Tamil Nadu.
As per the financials filed for FY 2023, the company reported a revenue of ₹3.14 Lakh, a decline of 93% compared to the previous year. For the same year it recorded a net profit of ₹1.78 Lakh (net margin 56.7%) and EBITDA of ₹1.78 Lakh (EBITDA margin 56.7%).
Court records list 6 cases involving the company, including 1 filed by the company and 5 filed against it; 1 case is pending.
The last known website on record is accel-india.com.
Company details
Contact details
Accel Oem Appliances Limited's registered office is in Chennai, Tamil Nadu. Its website is accel-india.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address177 Valluvarkottam High Road Nungambakkam, S F I Complex India, Chennai, Tamil Nadu, India – 600034
- IndustryConsumer Electronics & Durables, Electronics Manufacturing
To see the full contact details of Accel Oem Appliances 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
Financials of Accel Oem Appliances Limited
FY 2023 filings availableAccel Oem Appliances Limited reported revenue of ₹3.14 Lakh (down 93% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue fell 93% in the latest year. EBITDA fell 96% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹3.14 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹1.78 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.78 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
| Total Liabilities | |||||
| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 56.7% | ||||
| Net Profit Margin | 56.7% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
| Interest Coverage Ratio | |||||
| 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 Accel Oem Appliances Limited, buy the company report.
Board of directors of Accel Oem Appliances Limited
Accel Oem Appliances has 3 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Joseph Kurumkulathil Also directs: Accel Media Ventures Limited | Director | 30 Mar 2019 | 7 Years 6 Months | As last reported |
| Narayana Pillai Reghoothama Panicker Also directs: Accel Limited, Medscape Pharma Private Limited, Cybolt Technologies Private Limited and 3 more | Director | 22 Mar 2000 | 26 Years 7 Months | As last reported |
| Ravindran Thrivikraman Nair | Director | 29 Dec 2018 | 7 Years 9 Months | As last reported |
Peer comparison
Accel Oem Appliances Limited is compared with the 10 companies closest to it by revenue in the Consumer Durables industry (Electronic Appliances Manufacturing), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Nirbhayjvs Private Limited | ₹3.19 Lakh (FY 2020) | Thane, Maharashtra, India | ||||
| Lawate Brothers Agro Producer Company Limited | ₹3.19 Lakh (FY 2025) | Latur, Maharashtra, India | ||||
| Spade Elektro Pvt Ltd | ₹3.16 Lakh (FY 2018) | -98.0% | Nalgonda, Telangana, India | |||
| Blue Vision Cable Network Private Limited | ₹3.15 Lakh (FY 2025) | 20.0% | Mumbai, Maharashtra, India | |||
| Davino Electric Private Limited | ₹3.15 Lakh (FY 2024) | Gurugram, Haryana, India | ||||
| Accel Oem Appliances Limitedthis company | ₹3.14 Lakh (FY 2023) | ₹1.78 Lakh | 56.7% | -93.0% | Chennai, Tamil Nadu, India | |
| Adsys Medtech Private Limited | ₹3.1 Lakh (FY 2025) | -67.0% | Jaipur, Rajasthan, India | |||
| Kaylab Electronics Private Limited | ₹3.08 Lakh (FY 2025) | 46.0% | Ghaziabad, Uttar Pradesh, India | |||
| Shree Durga Home Appliances Private Limited | ₹3.07 Lakh (FY 2025) | -83.0% | Mandoli, Delhi, India | |||
| Mercury Batteries Private Limited | ₹3.04 Lakh (FY 2025) | 27.0% | Mumbai, Maharashtra, India | |||
| Motvic Consumable Electrical Private Limited | ₹3.01 Lakh (FY 2025) | 1110.0% | Thane, Maharashtra, India |
To see the full peer comparison of Accel Oem Appliances Limited, buy the company report.
Auditor
Accel Oem Appliances Limited is audited by S K Ram Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S K Ram Associates | FY 2023 | 2842S |
Shareholding
The shareholding of Accel Oem Appliances Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Accel Oem Appliances Limited, buy the company report.
Legal cases
Accel Oem Appliances Limited has 6 court cases on record: 1 filed by Accel Oem Appliances, 5 filed against it. 1 case is pending and 5 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 6 | 5 | 1 |
Cases on record (4 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Madras High Court | Interim or miscellaneous application | Filed against the company by an individual | Pending |
| High Court, TAMIL NADU | Interim or miscellaneous application | Filed against the company by individuals | Disposed |
| High Court, TAMIL NADU | Appeal | Filed against the company by individuals | Disposed |
| Madras High Court | Writ petition | Filed by the company against an individual | Disposed |
To see the full case history of Accel Oem Appliances 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 Accel Oem Appliances Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Accel Oem Appliances 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 Accel Oem Appliances Limited, buy the company report.
Recent activity
Accel Oem Appliances Limited has 9 board changes on record since 2000: 3 appointments and 6 cessations. The latest: Joseph Kurumkulathil ceased to be Additional Director on 27 Sep 2019.
News
Frequently asked questions
Accel Oem Appliances has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Accel Oem Appliances was a public limited company based in Chennai, Tamil Nadu, India. The company worked in electronics manufacturing, within the consumer electronics and durables industry. It was incorporated on 22 March 2000 and is registered under CIN U64201TN2000PLC044470. The company has been struck off by the Registrar of Companies and is no longer operational.
Accel Oem Appliances had 3 directors:
- Joseph Kurumkulathil - Director
- Narayana Pillai Reghoothama Panicker - Director
- Ravindran Thrivikraman Nair - Director
The CIN (Corporate Identification Number) of Accel Oem Appliances is U64201TN2000PLC044470. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Accel Oem Appliances is at 177 Valluvarkottam High Road Nungambakkam, S F I Complex India, Chennai, Tamil Nadu, India – 600034.
Accel Oem Appliances was incorporated on 22 March 2000. It is registered with the Registrar of Companies, Chennai.
Accel Oem Appliances can be reached through the website accel-india.com. Its registered office is in Chennai, Tamil Nadu, India.
The latest financial statements of Accel Oem Appliances on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 27 September 2023. Year-wise statements from 2015 are in the company report.
No. Accel Oem Appliances has 1 GST registration on record and it is cancelled or inactive.
Accel Oem Appliances operated in the consumer electronics and durables industry, in the electronics manufacturing segment. It worked in this industry before it was struck off.
The peers of Accel Oem Appliances by revenue are Nirbhayjvs Private Limited, Lawate Brothers Agro Producer Company Limited, Spade Elektro Pvt Ltd, Blue Vision Cable Network Private Limited, Davino Electric Private Limited and 5 more, all in the Consumer Durables industry (Electronic Appliances Manufacturing).