About Edac Automation Limited
Data last updated:
Edac Automation Limited was a public limited company based in Chennai, Tamil Nadu, India, operated as a subsidiary of Edac Universe Pte Ltd. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the industrial control valves and systems segment of the machinery and industrial equipment sector. It was incorporated on 03 March 1993.
The company was registered with the Registrar of Companies (ROC), Chennai, under CIN U35111TN1993PLC024524. Its GSTIN is 19AAECS4765K1ZS (West Bengal). The company held 5 GST registrations, of which 1 is active.
The company had an authorised share capital of ₹2 Cr and a paid-up capital of ₹90 Lakh. It was led by directors including Kulathu Rajagopalan Kaundinya and Mandalapa Kamalanaban Narayanaswamy.
Its last annual general meeting (AGM) was held on 12 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office was at Spic House 88 Mount Road Guindy, Chennai, Tamil Nadu, India – 600032.
As per the financials filed for FY 2018, the company reported a revenue of ₹3.63 Cr, a decline of 52% compared to the previous year. For the same year it recorded a net loss of ₹5.95 Lakh (net margin -1.6%) and EBITDA of ₹56.4 Lakh (EBITDA margin 15.6%). Revenue has declined at a compounded annual rate (CAGR) of 43% over three years.
The company had about 23 employees on its provident fund (EPFO) records before it was dissolved.
As per MCA filings, the company had satisfied charges of ₹7.75 Cr on record. Court records list 6 cases involving the company, including 5 filed by the company and 1 filed against it.
The last known website on record is edacgroup.com.
Company details
Contact details
Edac Automation Limited's registered office is in Chennai, Tamil Nadu. Its website is edacgroup.com. Its e-mail address is in the company report.
- Email
- Website
- Social Media
- Registered AddressSpic House 88 Mount Road Guindy, Chennai, Tamil Nadu, India – 600032
- IndustryMachinery and Equipment, Industrial Control Valves & Systems
To see the full contact details of Edac Automation 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
Business activity
The main business activity of Edac Automation is construction. In detail, this covers roads, railways, utility projects.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | F2 | Roads, railways, Utility projects |
To see the full business activity and turnover split of Edac Automation Limited, buy the company report.
Financials of Edac Automation Limited
FY 2018 filings availableEdac Automation Limited reported revenue of ₹3.63 Cr (down 52% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 43% over three years, including a 52% fall in the latest year. EBITDA fell 8% 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
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| EBITDA | ₹56.4 Lakh | |||
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| Net Profit (PAT) | -₹5.95 Lakh | |||
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Financial Ratios
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
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| Profitability | ||||
| EBITDA Margin | 15.6% | |||
| Net Profit Margin | -1.6% | |||
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To see the full financial statements and ratios of Edac Automation Limited, buy the company report.
Board of directors of Edac Automation Limited
Edac Automation has 3 current directors and 15 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kulathu Rajagopalan Kaundinya | Director | 29 Apr 2015 | 11 Years 6 Months | As last reported |
| Mandalapa Kamalanaban Narayanaswamy | Director | 30 Oct 2015 | 11 Years 0 Months | As last reported |
| Gopalan Ramachandran | Director | 29 Apr 2015 | 11 Years 6 Months | As last reported |
Auditor
Edac Automation Limited is audited by V K A N & ASSOCIATES for the financial year 2016.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| V K A N & ASSOCIATES | FY 2016 | 014226S |
Shareholding
The shareholding of Edac Automation Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Edac Automation Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 24 Feb 2012 | 10339910 | State Bank of Mauritius Ltd | ₹2 Cr | Satisfied | |
| 20 May 2011 | 10290691 | State Bank of Mauritius Ltd | ₹3.5 Cr | Satisfied | |
| 22 Sep 2000 | 90284009 | State Bank of Mauritius Ltd | ₹2.25 Cr | Satisfied |
To see the full charge records of Edac Automation Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
Edac Automation Limited has 6 court cases on record: 5 filed by Edac Automation, 1 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 6 | 1 | 0 |
Cases on record (4 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, TAMIL NADU | Appeal | Filed against the company by M/S. Sonvans Instrumentation | Disposed |
| High Court, TAMIL NADU | Appeal | Filed by the company against M/S. Sonvans Instrumentation | Disposed |
| High Court, TAMIL NADU | Civil suit | Filed by the company against an individual | Disposed |
| High Court, TAMIL NADU | Writ petition | Filed by the company against The Assistant Commissioner | Disposed |
To see the full case history of Edac Automation 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 Edac Automation Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Edac Automation Limited has a workforce of 23 employees on its EPFO records as of Apr 09, 2024, across 1 active EPFO establishment.
GST
Edac Automation has 5 GST registrations: 1 active and 4 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AAECS4765K1ZS | West Bengal | Active | 29 Nov 2017 |
To see the full GST registrations and return filing status of Edac Automation Limited, buy the company report.
Recent activity
Edac Automation Limited has 18 board changes on record since 2007: 3 appointments and 15 cessations. The latest: Mandalapa Kamalanaban Narayanaswamy ceased to be Additional Director on 23 Sep 2016.
16 earlier events are in the company report.
Frequently asked questions
Edac Automation 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.
Edac Automation was a public limited company based in Chennai, Tamil Nadu, India. The company worked in industrial control valves and systems, within the machinery and equipment industry. It was incorporated on 03 March 1993 and is registered under CIN U35111TN1993PLC024524. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Edac Automation was incorporated on 03 March 1993. It is registered with the Registrar of Companies, Chennai.
Edac Automation had 3 directors:
- Kulathu Rajagopalan Kaundinya - Director
- Mandalapa Kamalanaban Narayanaswamy - Director
- Gopalan Ramachandran - Director
The CIN (Corporate Identification Number) of Edac Automation is U35111TN1993PLC024524. 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 Edac Automation is at Spic House 88 Mount Road Guindy, Chennai, Tamil Nadu, India – 600032.
Edac Automation can be reached through the website edacgroup.com. Its registered office is in Chennai, Tamil Nadu, India.
The latest financial statements of Edac Automation on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 12 September 2018. Year-wise statements from 2015 are in the company report.
The GSTIN of Edac Automation is 19AAECS4765K1ZS, registered in West Bengal. The company has 5 GST registrations in all, of which 1 is active and 4 are cancelled or inactive.
Edac Automation operated in the machinery and equipment industry, in the industrial control valves and systems segment.