Elegant Electric Enterprises Pvt Ltd
About Elegant Electric Enterprises Pvt Ltd
Data last updated:
Elegant Electric Enterprises Pvt Ltd is a private limited company based in Cuttack, Odisha, India. It operates in the electrical equipment manufacturing segment of the electrical equipment sector. It was incorporated on 28 December 1981 and has been in existence for over 45 years.
The company is registered with the Registrar of Companies (ROC), Cuttack, under CIN U28112OR1981PTC001023. Its GSTIN is 21AAACE3930C1ZH (Odisha).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹8.2 Lakh. It is led by directors Amaresh Patnaik and Subhransu Bhusan Ray.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at B – 15 Industrial Estate, Cuttack, Odisha, India – 753010.
As per the financials filed for FY 2020, the company reported a revenue of ₹6.58 Lakh, a decline of 48% compared to the previous year. For the same year it recorded a net loss of ₹3.97 Lakh (net margin -60.3%) and EBITDA of -₹2.09 Lakh (EBITDA margin -31.7%). Revenue has declined at a compounded annual rate (CAGR) of 11% over three years.
The company has about 1 employee on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹8.88 Lakh and satisfied charges of ₹8.88 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Elegant Electric Enterprises Pvt Ltd's registered office is in Cuttack, Odisha. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressB – 15 Industrial Estate, Cuttack, Odisha, India – 753010
- IndustryElectrical, Electrical Equipment, General Purpose And Special Purpose Machinery & Equipment, Transport Equipment
To see the full contact details of Elegant Electric Enterprises Pvt Ltd, 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 Elegant Electric Enterprises is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment |
To see the full business activity and turnover split of Elegant Electric Enterprises Pvt Ltd, buy the company report.
Financials of Elegant Electric Enterprises Pvt Ltd
FY 2025 filings availableElegant Electric Enterprises Pvt Ltd reported revenue of ₹6.58 Lakh (down 48% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 11% over three years, including a 48% fall 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹6.58 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹2.09 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹3.97 Lakh | ||||
| 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 | |||||
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Financial Ratios
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -31.7% | ||||
| Net Profit Margin | -60.3% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
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| 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 Elegant Electric Enterprises Pvt Ltd, buy the company report.
Board of directors of Elegant Electric Enterprises Pvt Ltd
Elegant Electric Enterprises 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 |
|---|---|---|---|---|
| Subhransu Bhusan Ray | Additional Director | 30 Aug 2018 | 8 Years 2 Months | Current |
| Amaresh Patnaik | Director | 02 Apr 1994 | 32 Years 6 Months | Current |
Auditor
Elegant Electric Enterprises Pvt Ltd is audited by A.C.JENA & CO for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| A.C.JENA & CO | FY 2017 | 319053E |
Shareholding
The shareholding of Elegant Electric Enterprises Pvt Ltd 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 Elegant Electric Enterprises Pvt Ltd, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 01 Mar 1982 | 90081541 | Orissa State Financial Corporation | ₹5.88 Lakh | Satisfied | |
| 08 Jan 1982 | 90078622 | New Bank of India | ₹3 Lakh | Satisfied |
To see the full charge records of Elegant Electric Enterprises Pvt Ltd, buy the company report.
Total charge records: 2 View all charges
Legal cases
No court or tribunal cases involving Elegant Electric Enterprises Pvt Ltd are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Elegant Electric Enterprises Pvt Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Elegant Electric Enterprises has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 21AAACE3930C1ZH | Odisha | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Elegant Electric Enterprises Pvt Ltd, buy the company report.
Recent activity
Elegant Electric Enterprises Pvt Ltd has 4 board changes on record since 1994: 2 appointments and 2 cessations. The latest: Amritansu Ray ceased to be Director on 30 Aug 2018.
Frequently asked questions
Elegant Electric Enterprises is an active private limited company based in Cuttack, Odisha, India. The company works in electrical equipment, within the electrical industry. It was incorporated on 28 December 1981 (45+ years old) and is registered under CIN U28112OR1981PTC001023.
Elegant Electric Enterprises has 2 current directors:
- Subhransu Bhusan Ray - Additional Director
- Amaresh Patnaik - Director
The latest financial statements of Elegant Electric Enterprises on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Elegant Electric Enterprises is 21AAACE3930C1ZH, registered in Odisha.
The CIN (Corporate Identification Number) of Elegant Electric Enterprises is U28112OR1981PTC001023. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Elegant Electric Enterprises was incorporated on 28 December 1981, making it 45+ years old. It is registered with the Registrar of Companies, Cuttack.
Amritansu Ray ceased to be Director on 30 Aug 2018. Subhransu Bhusan Ray was appointed as Additional Director on 30 Aug 2018. Ajoy Kumar Sahu ceased to be Director on 16 Mar 2009. Elegant Electric Enterprises has 4 board changes on record in total.
The registered office of Elegant Electric Enterprises is at B – 15 Industrial Estate, Cuttack, Odisha, India – 753010.
Elegant Electric Enterprises operates in the electrical industry, in the electrical equipment segment.
Elegant Electric Enterprises has open charges of ₹8.88 Lakh and satisfied charges of ₹8.88 Lakh as per latest MCA filings.
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