Apex Electricals Limited
About Apex Electricals Limited
Data last updated:
Apex Electricals Limited is a public limited company based in Vadodara, Gujarat, India. It operates in the power equipment manufacturers segment of the energy and power sector. It was incorporated on 29 September 1971 and has been in existence for over 55 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U31909GJ1971PLC001966. The company has 2 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹15 Cr and a paid-up capital of ₹12.89 Cr. It is led by directors including Sarjak Rameshchandra Sanghavi and Sital Sanjiv Shah.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Padra Road Samiala, Vadodara, Gujarat, India – 391410.
As per the financials filed for FY 2016, the company reported a revenue of ₹12 Lakh. For the same year it recorded a net loss of ₹59.63 Cr and EBITDA of -₹41.41 Lakh (EBITDA margin -345.1%).
As per MCA filings, the company has open charges of ₹47.36 Cr and satisfied charges of ₹366.85 Cr on record. Court records list 109 cases involving the company, including 36 filed by the company and 73 filed against it; 6 cases are pending.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
Contact details
Apex Electricals Limited's registered office is in Vadodara, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressPadra Road Samiala, Vadodara, Gujarat, India – 391410
- IndustryEnergy and Power, Power Equipment Manufacturers
To see the full contact details of Apex Electricals 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 Apex Electricals Limited
FY 2024 filings availableApex Electricals Limited reported revenue of ₹12 Lakh for FY 2016.
Financial Statement Summary
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ||
| Other Income | ||
| Total Revenue | ₹12 Lakh | |
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | -₹41.41 Lakh | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | -₹59.63 Cr | |
| 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 2015-16 | FY 2014-15 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | -345.1% | |
| Net Profit Margin | ||
| 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 Apex Electricals Limited, buy the company report.
Board of directors of Apex Electricals Limited
Apex Electricals has 4 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sarjak Rameshchandra Sanghavi Also directs: Amod Industrie Pvt. Ltd | Director | 08 Nov 2005 | 20 Years 11 Months | Current |
| Sital Sanjiv Shah | Director | 01 Mar 1992 | 34 Years 7 Months | Current |
| Jayramrao Chandravadan Marathe | Additional Director | 31 Oct 2011 | 14 Years 11 Months | Current |
| Nivedita Muljibhai Pandya Also directs: Diamond Infosystems Limited | Additional Director | 13 Jan 2012 | 14 Years 9 Months | Current |
Peer comparison
Apex Electricals Limited is compared with the 10 companies closest to it by revenue in the Power industry (Power Equipment Manufacturers), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Procurewiz Private Limited | ₹12.19 Lakh (FY 2024) | Anekal, Karnataka, India | ||||
| Galore Systems Private Limited | ₹12.11 Lakh (FY 2024) | -7.0% | Bangalore, Karnataka, India | |||
| Trafo Power Private Limited | ₹12.07 Lakh (FY 2025) | -28.0% | Mumbai, Maharashtra, India | |||
| GVR Technofabs Private Limited | ₹12.02 Lakh (FY 2025) | 4.0% | Medak, Telangana, India | |||
| Apex Electricals Limitedthis company | ₹12 Lakh (FY 2016) | -₹59.63 Cr | Vadodara, Gujarat, India | |||
| Skyline Airflow Equipment Private Limited. | ₹12 Lakh (FY 2025) | -54.0% | New Delhi, Delhi, India | |||
| S&S Transformers and Accessories Private Limited | ₹12 Lakh (FY 2025) | Ernakulam, Kerala, India | ||||
| Equus Rail Power Systems Private Limited | ₹11.95 Lakh (FY 2025) | Kolkata, West Bengal, India | ||||
| Powerline Electrodes Private Limited | ₹11.93 Lakh (FY 2018) | 115.0% | Nagpur, Maharashtra, India | |||
| Sinetron Power Limited | ₹11.79 Lakh (FY 2024) | 1.0% | New Delhi, Delhi, India | |||
| PNV Diode Power Private Limited | ₹11.76 Lakh (FY 2021) | -31.0% | Noida, Uttar Pradesh, India |
To see the full peer comparison of Apex Electricals Limited, buy the company report.
Auditor
Apex Electricals Limited is audited by A YADAV AND ASSOCIATES for the financial year 2016.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| A YADAV AND ASSOCIATES | FY 2016 | 129725W |
Shareholding
The shareholding of Apex Electricals Limited is on record for 2 financial years, the latest being FY 2016, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2016 | FY 2015 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Apex Electricals Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 08 Aug 2000 | 90112613 | Uti Bank Ltd. | ₹10 Cr | Open | |
| 16 May 2000 | 90111520 | Charotar Nagarik Sahakari Bank Ltd. | ₹60 Lakh | Open | |
| 22 Oct 1997 | 90113135 | The South Indian Bank Ltd. | ₹36.76 Cr | Open | |
| 23 Sep 1999 | 90113158 | Asset Reconstruction Company (India) Limited | ₹70.38 Cr | Satisfied | |
| 09 Sep 1999 | 90110014 | Industrial Development Bank of India | ₹5 Cr | Satisfied |
To see the full charge records of Apex Electricals Limited, buy the company report.
Total charge records: 23 View all charges
Legal cases
Apex Electricals Limited has 109 court cases on record: 36 filed by Apex Electricals, 73 filed against it. 6 cases are pending and 103 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 58 | 28 | 5 |
| District courts | 49 | 43 | 1 |
| Supreme Court | 2 | 2 | 0 |
Cases on record (5 of 109)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, GUJARAT | Court case (OLR) | Filed by the company against Axis Bank (Uti Bank Ltd.) and 5 others | Pending |
| District court, Vadodara, Gujarat | Commercial matter | Filed against the company by CTR Manufacturing Industries Limited | Pending |
| High Court, GUJARAT | Court case (OJA) | Filed by the company against Suyog Electricals Ltd. | Disposed |
| High Court, GUJARAT | Court case (OJA) | Filed by the company against Permali Wallace Pvt. Ltd. | Disposed |
| High Court, GUJARAT | Court case (OJA) | Filed by the company against Khaitan Electricals Limited | Disposed |
To see the full case history of Apex Electricals 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 Apex Electricals Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Apex Electricals has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Apex Electricals Limited, buy the company report.
Recent activity
Apex Electricals Limited has 14 board changes on record since 1992: 4 appointments and 10 cessations. The latest: Nivedita Muljibhai Pandya ceased to be Additional Director on 09 May 2018.
58 earlier events are in the company report.
Frequently asked questions
Apex Electricals is an active public limited company based in Vadodara, Gujarat, India. The company works in power equipment manufacturers, within the energy and power industry. It was incorporated on 29 September 1971 (55+ years old) and is registered under CIN U31909GJ1971PLC001966.
Apex Electricals has 4 current directors:
- Sarjak Rameshchandra Sanghavi - Director
- Sital Sanjiv Shah - Director
- Jayramrao Chandravadan Marathe - Additional Director
- Nivedita Muljibhai Pandya - Additional Director
The latest financial statements of Apex Electricals on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
No. Apex Electricals has 2 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of Apex Electricals is U31909GJ1971PLC001966. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Apex Electricals has 109 court cases on record: 36 filed by the company and 73 filed against it. 6 are pending. Most are in the high courts.
Apex Electricals was incorporated on 29 September 1971, making it 55+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Apex Electricals by revenue are Procurewiz Private Limited, Galore Systems Private Limited, Trafo Power Private Limited, GVR Technofabs Private Limited, Skyline Airflow Equipment Private Limited. and 5 more, all in the Power industry (Power Equipment Manufacturers).
Nivedita Muljibhai Pandya ceased to be Additional Director on 09 May 2018. Jayramrao Chandravadan Marathe ceased to be Additional Director on 17 Apr 2018. Sarjak Rameshchandra Sanghavi ceased to be Director on 15 Mar 2017. Apex Electricals has 14 board changes on record in total.
The registered office of Apex Electricals is at Padra Road Samiala, Vadodara, Gujarat, India – 391410.
Apex Electricals operates in the energy and power industry, in the power equipment manufacturers segment.