About Electra Accumulators Limited
Data last updated:
Electra Accumulators Limited was a public limited company based in Vapi, Gujarat, India. The company has been dissolved (liquidated) as per MCA records and no longer exists as a legal entity. Any dealings with a dissolved entity carry legal and financial risk. It operated in the power equipment manufacturers segment of the energy and power sector. It was incorporated on 26 May 2009.
The company was registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U29100GJ2009PLC057053. The company has 10 GST registrations on record, none of which is active.
The company had an authorised share capital of ₹15 Cr and a paid-up capital of ₹7.65 Cr. It was formerly known as Electra Accumulators Private Limited. It was led by directors including Chetan Shantilal Sanghvi (Managing Director) and Bhaumik Chetan Sanghvi (Whole-Time Director).
Its last annual general meeting (AGM) was held on 23 August 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office was at 19 Mahavir Nagar N.H. No: 8, Vapi, Gujarat, India – 396195.
As per the financials filed for FY 2018, the company reported a revenue of ₹73.85 Cr, a growth of 42% compared to the previous year. For the same year it recorded a net profit of ₹5 Cr (net margin 6.8%) and EBITDA of ₹11.18 Cr (EBITDA margin 15.1%). Revenue has grown at a compounded annual rate (CAGR) of 10% over three years.
The company had about 132 employees on its provident fund (EPFO) records before it was dissolved.
As per MCA filings, the company had open charges of ₹24.58 Cr and satisfied charges of ₹11.15 Cr on record. Court records list 30 cases involving the company, including 16 filed by the company and 14 filed against it; 5 cases are pending.
The last known website on record is electrabatteries.in.
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- TelephoneLocked
- Website
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- Registered Address19 Mahavir Nagar N.H. No: 8, Vapi, Gujarat, India – 396195
- 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 of Electra Accumulators Limited
The main business activity of Electra Accumulators 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
Verified entity values are shown only after access is granted.
Financials of Electra Accumulators Limited FY 2018 filings available
Electra Accumulators Limited reported revenue of ₹73.85 Cr (up 42% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR) of Electra Accumulators Limited
Revenue has grown at a compounded annual rate (CAGR) of 10% over three years, including 42% growth in the latest year. EBITDA rose 161% 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 of Electra Accumulators Limited
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ₹73.85 Cr | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• |
| EBITDA | ₹11.18 Cr | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹5 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 of Electra Accumulators Limited
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 15.1% | •••• | •••• | •••• |
| Net Profit Margin | 6.8% | •••• | •••• | •••• |
| 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 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 Electra Accumulators are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Electra Accumulators Limited
Electra Accumulators Limited is compared with the companies closest to it by revenue in the Consumer Durables industry (Electronic Appliances Manufacturing). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Theeta Electricals Private Limited | ₹74.92 Cr (FY 2024) | •••• | •••• | -21.0% | •••• | Delhi, India |
| Sky Appliances Limited | ₹74.78 Cr (FY 2018) | •••• | •••• | -88.0% | •••• | Mumbai, Maharashtra, India |
| Shresht Industries Private Limited | ₹74.37 Cr (FY 2018) | •••• | •••• | 23.0% | •••• | Hyderabad, Telangana, India |
| Swan Electric Engineering Company Private Limited | ₹74.25 Cr (FY 2025) | •••• | •••• | 5.0% | •••• | Chennai, Tamil Nadu, India |
| Abby Lighting and Switchgear Limited | ₹74.08 Cr (FY 2024) | •••• | •••• | 43.0% | •••• | Mumbai, Maharashtra, India |
| Electra Accumulators Limited this company | ₹73.85 Cr (FY 2018) | •••• | •••• | 42.0% | •••• | Vapi, Gujarat, India |
| Sambe Electronics Private Limited | ₹73.82 Cr (FY 2025) | •••• | •••• | -3.0% | •••• | Mumbai, Maharashtra, India |
| Electrica Engineers (India) Private Limited | ₹73.69 Cr (FY 2022) | •••• | •••• | 127.0% | •••• | Maval, Maharashtra, India |
| Vankon Modular Private Limited | ₹73.51 Cr (FY 2025) | •••• | •••• | 8.0% | •••• | Thane, Maharashtra, India |
| Gourav Roshni Limited | ₹73.24 Cr (FY 2025) | •••• | •••• | 25.0% | •••• | New Delhi, Delhi, India |
| Vansh Electromechanical Devices Private Limited | ₹73 Cr (FY 2025) | •••• | •••• | -4.0% | •••• | Delhi, India |
Peers are the five companies nearest above and the five nearest below Electra Accumulators by revenue in the Consumer Durables industry (Electronic Appliances Manufacturing), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Electra Accumulators Limited
Electra Accumulators Limited is audited by ANIL BANSAL & ASSOCIATES for the financial year 2018.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| ANIL BANSAL & ASSOCIATES | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Electra Accumulators Limited
Electra Accumulators has 3 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Bhaumik Chetan Sanghvi | Whole-Time Director | 10 Jun 2013 | 13 Years 4 Months | As last reported |
| Chetan Shantilal Sanghvi | Managing Director | 26 May 2009 | 17 Years 4 Months | As last reported |
| Umesh Mahesh Varma | Additional Director | 04 Feb 2019 | 7 Years 8 Months | As last reported |
Ownership and Shareholding of Electra Accumulators Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Electra Accumulators Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 20 Feb 2018 | Others | ₹35.5 Lakh | Open |
| 30 Sep 2017 | Others | ₹1 Cr | Open |
| 28 Mar 2015 | Dewan Housing Finance Corporation Limited | ₹20.61 Lakh | Open |
| 05 Jun 2014 | Others | ₹22.52 Cr | Open |
| 31 Jan 2014 | Reliance Capital Ltd | ₹10.89 Lakh | Open |
Total charge records: 16 View all charges
Legal Cases of Electra Accumulators Limited
Electra Accumulators Limited has 30 court cases on record: 16 filed by Electra Accumulators, 14 filed against it. 5 cases are pending and 25 are disposed. Status as checked between 28 Sep 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 29 | 13 | 5 |
| High courts | 1 | 1 | 0 |
Cases on record (5 of 30)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Authum Investment & Infrastructure Limited | Pending |
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Avanse Financial Services Limited | Pending |
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Poonawalla Fincorp Limited | Pending |
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Avanse Financial Services Limited | Disposed |
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed against the company by Idfc First Bank Limited | Disposed |
Full case history
All 30 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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 at Electra Accumulators Limited
Electra Accumulators Limited has a workforce of 132 employees as of Apr 04, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
CIN History of Electra Accumulators Limited
Electra Accumulators has one previous CIN (Corporate Identification Number): U29100GJ2009PTC057053. The current CIN is U29100GJ2009PLC057053, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U29100GJ2009PLC057053 | Current |
| U29100GJ2009PTC057053 | Previous |
Recent Activity on Electra Accumulators Limited
Electra Accumulators Limited has 8 board changes on record since 2009: 3 appointments and 5 cessations. The latest: Milan Vinod Chitalia ceased to be Director on 04 Feb 2019.
27 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Electra Accumulators Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Electra Accumulators Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Electra Accumulators Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Electra Accumulators Limited
Electra Accumulators has 10 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Electra Accumulators Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Electra Accumulators Limited
Electra Accumulators has been "Dissolved (Liquidated)" as per MCA records. The company has ceased to exist as a legal entity. Any contracts or dealings with a dissolved entity may be legally unenforceable.
Electra Accumulators was a public limited company based in Vapi, Gujarat, India. The company worked in power equipment manufacturers, within the energy and power industry. It was incorporated on 26 May 2009 and is registered under CIN U29100GJ2009PLC057053. The company is recorded as dissolved (liquidated) in MCA records and no longer exists as a legal entity.
Electra Accumulators was incorporated on 26 May 2009. It is registered with the Registrar of Companies, Ahmedabad.
Electra Accumulators had 3 directors:
- Chetan Shantilal Sanghvi - Managing Director
- Bhaumik Chetan Sanghvi - Whole-Time Director
- Umesh Mahesh Varma - Additional Director
The CIN (Corporate Identification Number) of Electra Accumulators is U29100GJ2009PLC057053. 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 Electra Accumulators is at 19 Mahavir Nagar N.H. No: 8, Vapi, Gujarat, India – 396195.
Electra Accumulators can be reached through the website electrabatteries.in. Its registered office is in Vapi, Gujarat, India.
Electra Accumulators reported revenue of ₹73.85 Cr for FY 2018 (up 42% YoY).
Electra Accumulators has an authorised share capital of ₹15 Cr and a paid-up capital of ₹7.65 Cr.
Electra Accumulators reported a net profit of ₹5 Cr (net margin 6.8%) and EBITDA of ₹11.18 Cr (EBITDA margin 15.1%) for FY 2018, as per its filed financial statements.
No. Electra Accumulators has 10 GST registrations on record and all of them are cancelled or inactive.