- Category
- Micro (2021-22)
- Udyam number
- UDYAM-GJ-20-0033279

About Alay Electricals Private Limited
Data last updated:
Alay Electricals Private Limited is a private limited company based in Rajkot, Gujarat, India. It operates in the power equipment manufacturers segment of the energy and power sector. It was incorporated on 15 January 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U31900GJ2011PTC063674. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors Varsha Satyambhai Patel and Satyam Kiritbhai Patel.
Its last annual general meeting (AGM) was held on 31 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office is at Rajkot, Gujarat.
As per the financials filed for FY 2020, the company reported a revenue of ₹99.99 Lakh, a growth of 21% compared to the previous year. For the same year it recorded a net loss of ₹7,663 (net margin -0.1%) and EBITDA of ₹86,161 (EBITDA margin 0.9%). Revenue has grown at a compounded annual rate (CAGR) of 81% over three years and 49% over five years.
Court records list 7 cases involving the company, including 7 filed against it; 1 case is pending.
Alay Electricals Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-20-0033279). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website alayelectricals.com.
Recognitions & Rankings of Alay Electricals
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressPlot No. 2628/2 Road No. D – 5 Corner Gate No. 1 Kranti Gate Nr. Gm Concad Pvt. Ltd. Me, Toda GIDC, Rajkot, Gujarat, India – 360021
- IndustryEnergy and Power, Power Equipment Manufacturers
- 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
- One PDF report, delivered after checkout
Business Activity
The main business activity of Alay Electricals is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Financials of Alay Electricals Private Limited
FY 2020 filings availableAlay Electricals Private Limited reported revenue of ₹99.99 Lakh (up 21% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 49% over five years, including 21% growth in the latest year. EBITDA rose 42% 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 2019-20 | FY 2015-16 to FY 2018-19in the company report |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ₹99.99 Lakh | |
| Other Income | •••• | |
| Total Revenue | •••• | |
| Cost of Materials Consumed | •••• | |
| Employee Benefit Expense | •••• | |
| Finance Costs | •••• | |
| Depreciation and Amortisation | •••• | |
| Other Expenses | •••• | |
| Total Expenses | •••• | |
| EBITDA | ₹86,161 | |
| Profit Before Tax | •••• | |
| Tax Expense | •••• | |
| Net Profit (PAT) | -₹7,663 | |
| 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 2019-20 | FY 2015-16 to FY 2018-19in the company report |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 0.9% | |
| Net Profit Margin | -0.1% | |
| 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 | •••• | |
Paid data: the figures shown as dots, and every line for FY 2015-16 to FY 2018-19, are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Alay Electricals are in the company report.
: available in the company report
Board of Directors of Alay Electricals Private Limited
Alay Electricals has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Varsha Satyambhai Patel | Director | 01 Apr 2020 | 6 Years 6 Months | Current |
| Satyam Kiritbhai Patel | Director | 23 May 2016 | 10 Years 4 Months | Current |
Peer Comparison
Alay Electricals Private Limited is compared with the companies closest to it by revenue in the Power industry (Power Equipment Manufacturers), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Mrson Equipments Private Limited | ₹1.01 Cr (FY 2024) | •••• | •••• | -50.0% | •••• | Pune, Maharashtra, India |
| Tesla Transformers Ltd | ₹1 Cr (FY 2025) | •••• | •••• | 98.0% | •••• | Bhopal, Madhya Pradesh, India |
| Alay Electricals Private Limited this company | ₹99.99 Lakh (FY 2020) | •••• | •••• | 21.0% | •••• | Rajkot, Gujarat, India |
| El-Tra Equipment Company (India) Private Limited | ₹99.24 Lakh (FY 2025) | •••• | •••• | -80.0% | •••• | Karnataka, India |
Peers are the companies nearest to Alay Electricals by revenue, above and below it, in the Power industry (Power Equipment Manufacturers), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details
Alay Electricals Private Limited is audited by JOGI MEGHANI & ASSOCIATES for the financial year 2020.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| JOGI MEGHANI & ASSOCIATES | Locked | Locked | Locked |
: available in the company report
Ownership and Shareholding
: available in the company report
Charges & Borrowings
Alay Electricals Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Legal Cases
Alay Electricals Private Limited has 7 court cases on record: 7 filed against it. 1 case is pending and 6 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 7 | 7 | 1 |
Cases on record (5 of 7)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed against the company by RBL Bank Ltd | Pending |
| District court, Jaipur Metro II, Rajasthan | Criminal case | Filed against the company by Aditya Birla Finance Limited | Disposed |
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Iifl Finance Limited | Disposed |
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Ecl Finance Ltd | Disposed |
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed against the company by Lendingkart Finance Limited | Disposed |
: available in 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.
Employees and EPFO Compliance
Employment history and EPFO contributions of people linked to Alay Electricals.
: available in the company report
Recent Activity
Alay Electricals Private Limited has 4 board changes on record since 2016: 2 appointments and 2 cessations. The latest: Mehul Kiritbhai Patel ceased to be Director on 01 Apr 2020.
Credit Ratings, Litigation & Regulatory Alerts
: available in the company report
MSME Payment Delays
: available in the company report
Subsidiaries & Group Companies
: available in the company report
GST Compliance
Alay Electricals has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
: available in the company report
MCA Filings & Documents
: available in the company report
Frequently Asked Questions
Alay Electricals is an active private limited company based in Rajkot, Gujarat, India. The company works in power equipment manufacturers, within the energy and power industry. It was incorporated on 15 January 2011 (15+ years old) and is registered under CIN U31900GJ2011PTC063674.
Alay Electricals has 2 current directors:
- Varsha Satyambhai Patel - Director
- Satyam Kiritbhai Patel - Director
The latest financial statements of Alay Electricals on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 31 December 2020. Year-wise statements from 2015 are in the company report.
No. Alay Electricals has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Alay Electricals is U31900GJ2011PTC063674. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Alay Electricals has 7 court cases on record: 7 filed against it. 1 is pending.
Alay Electricals was incorporated on 15 January 2011, making it 15+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Alay Electricals by revenue are Mrson Equipments Private Limited, Tesla Transformers Ltd, El-Tra Equipment Company (India) Private Limited, all in the Power industry (Power Equipment Manufacturers), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment).
Mehul Kiritbhai Patel ceased to be Director on 01 Apr 2020. Varsha Satyambhai Patel was appointed as Director on 01 Apr 2020. Vinodbhai Dhirajlal Piparva ceased to be Director on 27 May 2016. Alay Electricals has 4 board changes on record in total.
Yes, Alay Electricals is registered as a micro enterprise under Udyam registration (number: UDYAM-GJ-20-0033279).
Alay Electricals can be reached through the website alayelectricals.com. Its registered office is in Rajkot, Gujarat, India.