Excel Electric Private Limited
About Excel Electric Private Limited
Data last updated:
Excel Electric Private Limited is a private limited company based in Vadodara, Gujarat, India. It operates in the electronics manufacturing segment of the consumer electronics and durables sector. It was incorporated on 08 January 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U31501GJ2014PTC078203. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹12.5 Lakh and a paid-up capital of ₹12.36 Lakh. It is led by directors Prakash Dave Pradyuman (Managing Director) and Ulpa Prakash Dave.
Its last annual general meeting (AGM) was held on 30 September 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office is at 545 Phoenix Complex Sayaji Gunj, Vadodara, Gujarat, India – 390005.
As per the financials filed for FY 2017, the company reported a revenue of ₹24.91 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹24.54 Lakh (net margin 1%) and EBITDA of ₹75.41 Lakh (EBITDA margin 3%).
As per MCA filings, the company has open charges of ₹8.1 Cr on record. Court records list 11 cases involving the company, including 3 filed by the company and 8 filed against it; 5 cases are pending.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
Contact details
Excel Electric Private Limited's registered office is in Vadodara, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address545 Phoenix Complex Sayaji Gunj, Vadodara, Gujarat, India – 390005
- IndustryConsumer Electronics & Durables, Electronics Manufacturing
To see the full contact details of Excel Electric Private 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 Excel Electric 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 Excel Electric Private Limited, buy the company report.
Financials of Excel Electric Private Limited
FY 2017 filings availableExcel Electric Private Limited reported revenue of ₹24.91 Cr (up 639% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue rose 639% in the latest year. EBITDA rose 657% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | ₹24.91 Cr | ||
| Other Income | |||
| Total Revenue | |||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | ₹75.41 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | ₹24.54 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 | |||
| Trade Receivables | |||
| Cash and Bank Balance | |||
| Total Assets | |||
Financial Ratios
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 3% | ||
| Net Profit Margin | 1% | ||
| 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 Excel Electric Private Limited, buy the company report.
Board of directors of Excel Electric Private Limited
Excel Electric has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Prakash Dave Pradyuman | Managing Director | 08 Jan 2014 | 12 Years 9 Months | Current |
| Ulpa Prakash Dave | Director | 08 Jan 2014 | 12 Years 9 Months | Current |
Peer comparison
Excel Electric Private Limited is compared with the 4 companies closest to it by revenue in the Manufacturing industry (Power Cables), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Pawan Power & Telecom Limited | ₹31.25 Cr (FY 2024) | -18.0% | Hyderabad, Telangana, India | |||
| Excel Electric Private Limitedthis company | ₹24.91 Cr (FY 2017) | ₹24.54 Lakh | 1% | 639.0% | Vadodara, Gujarat, India | |
| Goutham Conductors Private Limited | ₹22.69 Cr (FY 2025) | -7.0% | Chennai, Tamil Nadu, India | |||
| Sol Innocab Private Limited | ₹21.77 Cr (FY 2025) | 166.0% | Ponda, Goa, India | |||
| Syska Miterr Private Limited | ₹20.87 Cr (FY 2022) | -56.0% | Amritsar, Punjab, India |
To see the full peer comparison of Excel Electric Private Limited, buy the company report.
Auditor
Excel Electric Private Limited is audited by R KINI & ASSOCIATES for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| R KINI & ASSOCIATES | FY 2017 | 116134W |
Shareholding
The shareholding of Excel Electric Private 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 Excel Electric Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 20 Jan 2017 | 100086593 | Others | ₹7.5 Cr | Open | |
| 20 Jul 2015 | 10581924 | Bank of Baroda | ₹60 Lakh | Open |
Total charge records: 2 View all charges
Legal cases
Excel Electric Private Limited has 11 court cases on record: 3 filed by Excel Electric, 8 filed against it. 5 cases are pending and 6 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 8 | 8 | 5 |
| High courts | 3 | 0 | 0 |
Cases on record (5 of 11)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Bandhan Bank Limited | Pending |
| High Court, GUJARAT | Special civil application | Filed by the company against Mr. Rakesh Gupta(Farmbase Products Pvt. Ltd.) and 2 others | Disposed |
| High Court, GUJARAT | Special civil application | Filed by the company against Bandhan Bank | Disposed |
| High Court, GUJARAT | Court case (CR.MA) | Filed by the company against State of Gujarat | Disposed |
| District court, Vadodara, Gujarat | Court case (SMST S) | Filed against the company by individuals | Disposed |
To see the full case history of Excel Electric Private 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 Excel Electric Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Excel Electric has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Excel Electric Private Limited, buy the company report.
Recent activity
Excel Electric Private Limited has 5 board changes on record since 2014: 2 appointments and 3 cessations. The latest: Janak Kumar Girishbhai Malvi ceased to be Additional Director on 26 Dec 2016.
Frequently asked questions
Excel Electric is an active private limited company based in Vadodara, Gujarat, India. The company works in electronics manufacturing, within the consumer electronics and durables industry. It was incorporated on 08 January 2014 (12+ years old) and is registered under CIN U31501GJ2014PTC078203.
Excel Electric has 2 current directors:
- Prakash Dave Pradyuman - Managing Director
- Ulpa Prakash Dave - Director
The latest financial statements of Excel Electric on record with the MCA are for the year ended 31 March 2017. Its last annual general meeting was held on 30 September 2017. Year-wise statements from 2015 are in the company report.
No. Excel Electric has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Excel Electric is U31501GJ2014PTC078203. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Excel Electric has 11 court cases on record: 3 filed by the company and 8 filed against it. 5 are pending. Most are in the district courts.
Excel Electric was incorporated on 08 January 2014, making it 12+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Excel Electric by revenue are Pawan Power & Telecom Limited, Goutham Conductors Private Limited, Sol Innocab Private Limited, Syska Miterr Private Limited, all in the Manufacturing industry (Power Cables), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment).
Janak Kumar Girishbhai Malvi ceased to be Additional Director on 26 Dec 2016. Nimit Rasiklal Sangani ceased to be Additional Director on 26 Dec 2016. Prakash Dave Pradyuman ceased to be Director on 15 Jul 2016. Excel Electric has 5 board changes on record in total.
The registered office of Excel Electric is at 545 Phoenix Complex Sayaji Gunj, Vadodara, Gujarat, India – 390005.
Excel Electric operates in the consumer electronics and durables industry, in the electronics manufacturing segment.