Acorn Engineering Ltd
About Acorn Engineering Ltd
Data last updated:
Acorn Engineering Ltd was a public limited company based in Madurai, Tamil Nadu, India, operated as a subsidiary of J.K. Fenner (India) Limited. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the engineering services segment of the professional services sector. It was incorporated on 11 August 1978.
The company was registered with the Registrar of Companies (ROC), Chennai, under CIN U74210TN1978PLC150933.
The company had an authorised share capital of ₹15 Lakh and a paid-up capital of ₹5.05 Lakh. It was formerly known as Acorn Engineering Private Limited. It was led by directors including Ashok Kumar Kinra and Vidya Charan Shukla.
Its last annual general meeting (AGM) was held on 03 August 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office was at 3 Madurai – Melakkal Road Kochadai, Tamil Nadu, India – 625016.
As per the financials filed for FY 2022, the company reported a revenue of ₹46,518, a decline of 6% compared to the previous year. For the same year it recorded a net profit of ₹17,711 (net margin 38.1%) and EBITDA of ₹24,011 (EBITDA margin 51.6%). Revenue has declined at a compounded annual rate (CAGR) of 2% over three years and 4% over five years.
As per MCA filings, the company had satisfied charges of ₹8 Lakh on record. Court records list 2 cases involving the company, including 2 filed by the company.
Company details
CIN history
Acorn Engineering has one previous CIN (Corporate Identification Number): U74210DL1978PLC009175. The current CIN is U74210TN1978PLC150933, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74210TN1978PLC150933 | Current |
| U74210DL1978PLC009175 | Previous |
Contact details
Acorn Engineering Ltd's registered office is in Madurai, Tamil Nadu. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address3 Madurai – Melakkal Road Kochadai, Tamil Nadu, India – 625016
- IndustryProfessional Services, Engineering Services, Architecture, Engineering Consultancy, Architectural
To see the full contact details of Acorn Engineering 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
Financials of Acorn Engineering Ltd
FY 2022 filings availableAcorn Engineering Ltd reported revenue of ₹46,518 (down 6% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 4% over five years, including a 6% fall in the latest year. EBITDA fell 15% 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹46,518 | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹24,011 | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹17,711 | ||||
| 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 51.6% | ||||
| Net Profit Margin | 38.1% | ||||
| 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 Acorn Engineering Ltd, buy the company report.
Board of directors of Acorn Engineering Ltd
Acorn Engineering has 3 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ashok Kumar Kinra Also directs: Bengal & Assam Company Limited, Divyashree Company Private Limited, Modern Cotton Yarn Spinners Limited and 5 more | Director | 07 Dec 2011 | 14 Years 11 Months | As last reported |
| Vidya Charan Shukla | Director | 24 Oct 2019 | 7 Years 0 Months | As last reported |
| Nagaraju Srirama Also directs: Modern Cotton Yarn Spinners Limited, Southern Spinners and Processors Limited, The Sirpur Paper Mills Ltd and 2 more | Director | 06 May 2013 | 13 Years 6 Months | As last reported |
Peer comparison
Acorn Engineering Ltd is compared with the 10 companies closest to it by revenue in the Machinery and Equipment industry (Industrial Products Manufacturers), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Nanopass India Private Limited | ₹48,079 (FY 2024) | 15.0% | New Delhi, Delhi, India | |||
| Indo Mining Equipments Ltd | ₹47,920 (FY 2024) | -2.0% | Kolkata, West Bengal, India | |||
| Vakasa Electricals Private Limited | ₹47,600 (FY 2023) | -98.0% | Ujjain, Madhya Pradesh, India | |||
| Metro Poly Flex Private Limited | ₹46,950 (FY 2024) | -28.0% | Siliguri, West Bengal, India | |||
| Singh Sunshine Groups (SSG) Limited | ₹46,603 (FY 2025) | 42.0% | Aurangabad, Bihar, India | |||
| Acorn Engineering Ltdthis company | ₹46,518 (FY 2022) | ₹17,711 | 38.1% | -6.0% | Madurai, Tamil Nadu, India | |
| S R C Roll Forming Private Limited | ₹45,856 (FY 2025) | -100.0% | Mumbai, Maharashtra, India | |||
| Everest Industrial and Construction Limited | ₹45,843 (FY 2024) | 114.0% | Mumbai, Maharashtra, India | |||
| Gemag Chemicals Private Limited | ₹45,216 (FY 2020) | -93.0% | Aurangabad, Maharashtra, India | |||
| Minar Heat Transfer Private Limited | ₹45,196 (FY 2023) | -60.0% | Hyderabad, Telangana, India | |||
| Detection Instruments (Export)India P.Ltd. | ₹45,000 (FY 2025) | Navi Mumbai, Maharashtra, India |
To see the full peer comparison of Acorn Engineering Ltd, buy the company report.
Auditor
Acorn Engineering Ltd is audited by N. V. NATHAN & Co for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| N. V. NATHAN & Co | FY 2022 | 002434S |
Shareholding
The shareholding of Acorn Engineering Ltd is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Acorn Engineering Ltd, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Dec 1978 | 90031625 | New Bank of India | ₹8 Lakh | Satisfied |
To see the full charge records of Acorn Engineering Ltd, buy the company report.
Total charge records: 1 View all charges
Legal cases
Acorn Engineering Ltd has 2 court cases on record: 2 filed by Acorn Engineering. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| NCLT | 2 | 0 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLT, Chennai | Court case (C.P.(CAA)) | Filed by the company | Disposed |
| NCLT, Chennai | Interim or miscellaneous application | Filed by the company | Disposed |
To see the full case history of Acorn Engineering Ltd, 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 Acorn Engineering 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 Acorn Engineering Ltd; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Acorn Engineering Ltd has 13 board changes on record since 2007: 3 appointments and 10 cessations. The latest: Vidya Charan Shukla ceased to be Director Appointed In Casual Vacancy on 01 Sep 2020.
6 earlier events are in the company report.
Frequently asked questions
Acorn Engineering has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Acorn Engineering was a public limited company based in Madurai, Tamil Nadu, India. The company worked in engineering services, within the professional services industry. It was incorporated on 11 August 1978 and is registered under CIN U74210TN1978PLC150933. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Acorn Engineering was incorporated on 11 August 1978. It is registered with the Registrar of Companies, Chennai.
Acorn Engineering had 3 directors:
- Ashok Kumar Kinra - Director
- Vidya Charan Shukla - Director
- Nagaraju Srirama - Director
The CIN (Corporate Identification Number) of Acorn Engineering is U74210TN1978PLC150933. 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 Acorn Engineering is at 3 Madurai – Melakkal Road Kochadai, Tamil Nadu, India – 625016.
The latest financial statements of Acorn Engineering on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 03 August 2022. Year-wise statements from 2015 are in the company report.
Acorn Engineering operated in the professional services industry, in the engineering services segment.
The peers of Acorn Engineering by revenue are Nanopass India Private Limited, Indo Mining Equipments Ltd, Vakasa Electricals Private Limited, Metro Poly Flex Private Limited, Singh Sunshine Groups (SSG) Limited and 5 more, all in the Machinery and Equipment industry (Industrial Products Manufacturers).
Acorn Engineering has 2 court cases on record: 2 filed by the company.
Vidya Charan Shukla ceased to be Director Appointed In Casual Vacancy on 01 Sep 2020. Vasudevan Rengaswamy ceased to be Director on 24 Oct 2019. Vidya Charan Shukla was appointed as Director on 24 Oct 2019. Acorn Engineering has 13 board changes on record in total.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
