About ELMAS
ELMAS is an Energy & Utilities company based in Hyderabad (India) founded in 1997. Manufacturing of transformers for industrial and utility applications. It operates in the Energy & Utilities and Industrial Goods & Manufacturing sectors. The company has 17 employees. Its Indian entity Elmas Magnetics Private Limited reported revenue of ₹107 Cr. ELMAS offers products and services including K-Factor Rated Transformers and General Purpose Transformers. Its focus areas include Energy, Power and Utilities, Transformer Production and Industrial Transformers.
Company details
ELMAS is recognized as a provider of transformer solutions that have been developed for over three decades to serve the global transformer industry. Solutions are created with a focus on efficiency and reliability in industrial applications, incorporating certifications like ISO and UL to meet stringent regulations. Manufacturing occurs in a 50,000 sq. ft. facility in India, with an additional unit under construction to enhance production capabilities, ensuring compliance and sustainability in electrical equipment.
- Headquarters Hyderabad, India
- Employees 17
- SectorsEnergy & UtilitiesIndustrial Goods & Manufacturing
- Email••••••••
- Phone•••• ••••
- Website elmas.co.in
- Legal Name Elmas Magnetics Pvt Ltd
- Date of Incorporation 02 Feb, 2005
- Jurisdiction Hyderabad, Telangana, India
- Annual Revenue₹107 Cr
FY 2024 · +24% YoY
- Net Profit₹14.11 Cr
FY 2024 · 13% margin
- EBITDA₹19.76 Cr
FY 2024 · 18% margin
- Employee Count17
Associated legal entities of ELMAS
ELMAS operates through Elmas Magnetics Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Elmas Magnetics Private Limited CIN U51507TG2005PTC045230 | Active | 02 Feb 2005 | Hyderabad, Telangana | ₹107 Cr | 17 | 3 | View details |
Products & Services of ELMAS
ELMAS offers a comprehensive portfolio of products and services, including K-Factor Rated Transformers and General Purpose Transformers.
These transformers are designed to mitigate harmonic currents in data centers and industrial settings.
These transformers are engineered for reliability and longevity in commercial and industrial environments.
Board of directors of Elmas Magnetics Private Limited (ELMAS)
Elmas Magnetics Private Limited is the primary company behind ELMAS. The board of Elmas Magnetics Private Limited currently have 3 directors; the longest-serving is Venkata Nagasivaram Prasad Balijepalli, appointed in 2005. 1 earlier director has ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Venkata Nagasivaram Prasad Balijepalli DIN 00972283 | Whole-time director | 02 Feb 2005 | 21 yrs 9 mo | Elmas Magnetics Private Limited |
| Vijaya Kumar Gummadi DIN 00972144 | Managing Director | 02 Feb 2005 | 21 yrs 9 mo | Elmas Magnetics Private Limited |
| Gummadi Malitha DIN 10400074 | Director | 29 Nov 2023 | 2 yrs 11 mo | Elmas Magnetics Private Limited |
Financials of ELMAS
Figures of Elmas Magnetics Private Limited, the primary company behind ELMAS, for FY 2024. Revenue was ₹107 Cr (+24% year on year). Net profit was ₹14.11 Cr (13% margin). EBITDA was ₹19.76 Cr (18% margin). Revenue has grown at a compounded annual rate of +86% over three years and +48% over five years.
- ₹107 CrRevenue · FY 2024 · +24% YoY
- ₹14.11 CrNet profit · 13% margin
- ₹19.76 CrEBITDA · 18% margin
- ₹2.93 CrPaid-up capital
- 17Employees (provident fund records)
- +86%Revenue CAGR, 3 years
- +48%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Elmas Magnetics Private Limited are on its company page.
Detailed financial statements for ELMAS
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Top companies in Power Transmission & Distribution
3 companies that operate in the same segment as ELMAS (Power Transmission & Distribution) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Power distribution and secure services in Telangana. | 2014 | Hyderabad, Telangana, India | USD 4.12 B | 16,102 | ||
Single- and three-phase transformers are manufactured in Mumbai. | 1993 | Mumbai, Maharashtra, India | USD 114.37 M | 618 | ||
Electricity transmission utility projects are developed in India. | 2010 | Mumbai, Maharashtra, India | USD 167.58 M | USD 603.94 M |
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Frequently Asked Questions about ELMAS
ELMAS was founded in 1997.
ELMAS is headquartered in Hyderabad, India. It is registered at Hyderabad, Telangana, India.
ELMAS has 17 employees.
The primary company behind ELMAS, Elmas Magnetics Private Limited, reported revenue of ₹107 Cr for FY 2024, up 24% year on year.
ELMAS is recognized as a provider of transformer solutions that have been developed for over three decades to serve the global transformer industry. Solutions are created with a focus on efficiency and reliability in industrial applications, incorporating certifications like ISO and UL to meet stringent regulations. Manufacturing occurs in a 50,000 sq. ft. facility in India, with an additional unit under construction to enhance production capabilities, ensuring compliance and sustainability in electrical equipment.
ELMAS offers K-Factor Rated Transformers and General Purpose Transformers.
ELMAS operates through Elmas Magnetics Private Limited.
The legal entities of ELMAS currently have 3 directors, including Venkata Nagasivaram Prasad Balijepalli, Vijaya Kumar Gummadi, Gummadi Malitha.