HB Electro Control Private Limited
About HB Electro Control Private Limited
Data last updated:
HB Electro Control Private Limited was a private limited company based in Ujjain, Madhya Pradesh, India. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the power equipment manufacturers segment of the energy and power sector. It was incorporated on 01 April 2011.
The company was registered with the Registrar of Companies (ROC), Gwalior, under CIN U29100MP2011PTC025714. Its GSTIN is 27AACCH6288G1ZB (Maharashtra).
The company had an authorised share capital of ₹1 Cr and a paid-up capital of ₹72 Lakh. It was led by directors including Asgar Ali Badshah (Managing Director) and Mohsin Ali Merchant (Whole-Time Director).
Its last annual general meeting (AGM) was held on 13 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office was at 127 Tilak Marg New Road, Ujjain, Madhya Pradesh, India – 456006.
As per the financials filed for FY 2021, the company reported a revenue of ₹86.64 Lakh, a decline of 65% compared to the previous year. For the same year it recorded a net loss of ₹58.19 Lakh (net margin -67.2%) and EBITDA of -₹46.36 Lakh (EBITDA margin -53.5%). Revenue has declined at a compounded annual rate (CAGR) of 39% over three years and 19% over five years.
The company had about 2 employees on its provident fund (EPFO) records before it was dissolved.
As per MCA filings, the company had satisfied charges of ₹11.25 Cr on record.
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- Registered Address127 Tilak Marg New Road, Ujjain, Madhya Pradesh, India – 456006
- 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 HB Electro Control Private Limited
The main business activity of HB Electro Control 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 HB Electro Control Private Limited FY 2021 filings available
HB Electro Control Private Limited reported revenue of ₹86.64 Lakh (down 65% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR) of HB Electro Control Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 19% over five years, including a 65% fall in the latest year. EBITDA fell 454% 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 HB Electro Control Private Limited
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | -₹46.36 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹58.19 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 of HB Electro Control Private Limited
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -53.5% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -67.2% | •••• | •••• | •••• | •••• |
| 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 HB Electro Control 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.
Board of Directors of HB Electro Control Private Limited
HB Electro Control 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 |
|---|---|---|---|---|
| Asgar Ali Badshah | Managing Director | 01 Apr 2011 | 15 Years 6 Months | As last reported |
| Mohsin Ali Merchant Also directs: New Era Switchgears Private Limited | Whole-Time Director | 01 Apr 2011 | 15 Years 6 Months | As last reported |
| Arva Merchant Also directs: Safeen Maritime Private Limited | Director | 24 Apr 2012 | 14 Years 5 Months | As last reported |
Peer Comparison of HB Electro Control Private Limited
HB Electro Control Private Limited is compared with the companies closest to it by revenue in the Power industry (Power Equipment Manufacturers). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| BGR Turbines Company Private Limited | ₹88.9 Lakh (FY 2024) | •••• | •••• | 78.0% | •••• | Chennai, Tamil Nadu, India |
| Anand Steemet India Private Limited | ₹87.94 Lakh (FY 2024) | •••• | •••• | -49.0% | •••• | Patna, Bihar, India |
| Dynamic Engitech Private Limited | ₹87.9 Lakh (FY 2025) | •••• | •••• | -47.0% | •••• | Ahmedabad, Gujarat, India |
| Amplitech Vidhyut Private Limited | ₹87.47 Lakh (FY 2025) | •••• | •••• | 59.0% | •••• | Bhagalpur, Bihar, India |
| Blue Enertech Private Limited | ₹87.43 Lakh (FY 2025) | •••• | •••• | 74.0% | •••• | Bangalore, Karnataka, India |
| HB Electro Control Private Limited this company | ₹86.64 Lakh (FY 2021) | •••• | •••• | -65.0% | •••• | Ujjain, Madhya Pradesh, India |
| Renewsol Systems Private Limited | ₹86.59 Lakh (FY 2025) | •••• | •••• | 983.0% | •••• | Hyderabad, Telangana, India |
| Skarcmaster India Private Limited | ₹86.5 Lakh (FY 2025) | •••• | •••• | •••• | Saharanpur, Uttar Pradesh, India | |
| Tapasya Transformers Private Limited | ₹86.26 Lakh (FY 2025) | •••• | •••• | 61.0% | •••• | Agra, Uttar Pradesh, India |
| Tavrida Electric India Private Limited | ₹85.92 Lakh (FY 2018) | •••• | •••• | -28.0% | •••• | Kolkata, West Bengal, India |
| Perg Electro Mechanical Private Limited | ₹85.81 Lakh (FY 2019) | •••• | •••• | •••• | Chennai, Tamil Nadu, India |
Peers are the five companies nearest above and the five nearest below HB Electro Control by revenue in the Power industry (Power Equipment Manufacturers), 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 HB Electro Control Private Limited
HB Electro Control Private Limited is audited by V K LADHA & ASSOCIATES for the financial year 2019.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| V K LADHA & 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.
Ownership and Shareholding of HB Electro Control Private 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 HB Electro Control Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 28 Jun 2018 | Hdfc Bank Limited | ₹1.25 Cr | Satisfied |
| 28 Jun 2018 | Hdfc Bank Limited | ₹50 Lakh | Satisfied |
| 26 Aug 2011 | Bank of Maharashtra | ₹9.5 Cr | Satisfied |
Total charge records: 3 View all charges
Employees and EPFO Compliance at HB Electro Control Private Limited
HB Electro Control Private Limited has a workforce of 2 employees as of Mar 30, 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.
Recent Activity on HB Electro Control Private Limited
HB Electro Control Private Limited has 8 board changes on record since 2011: 3 appointments and 5 cessations. The latest: Asgar Ali Badshah ceased to be Director on 01 Mar 2014.
7 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for HB Electro Control Private 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 HB Electro Control Private 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 HB Electro Control Private 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 HB Electro Control Private Limited
HB Electro Control has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCH6288G1ZB | Maharashtra | Active | 01 Jul 2017 |
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 HB Electro Control Private 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 HB Electro Control Private Limited
HB Electro Control 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.
HB Electro Control was a private limited company based in Ujjain, Madhya Pradesh, India. The company worked in power equipment manufacturers, within the energy and power industry. It was incorporated on 01 April 2011 and is registered under CIN U29100MP2011PTC025714. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
HB Electro Control was incorporated on 01 April 2011. It is registered with the Registrar of Companies, Gwalior.
HB Electro Control had 3 directors:
- Asgar Ali Badshah - Managing Director
- Mohsin Ali Merchant - Whole-Time Director
- Arva Merchant - Director
The CIN (Corporate Identification Number) of HB Electro Control is U29100MP2011PTC025714. 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 HB Electro Control is at 127 Tilak Marg New Road, Ujjain, Madhya Pradesh, India – 456006.
HB Electro Control reported revenue of ₹86.64 Lakh for FY 2021 (down 65% YoY).
HB Electro Control has an authorised share capital of ₹1 Cr and a paid-up capital of ₹72 Lakh.
HB Electro Control reported a net loss of ₹58.19 Lakh (net margin -67.2%) and EBITDA of -₹46.36 Lakh (EBITDA margin -53.5%) for FY 2021, as per its filed financial statements.
The GSTIN of HB Electro Control is 27AACCH6288G1ZB, registered in Maharashtra.
HB Electro Control operated in the energy and power industry, in the power equipment manufacturers segment.