Ic Electricals Company Limited - transport and logistics in New Delhi, Delhi, India. FY 2026 financials & compliance.
CIN U31909DL2005PLC139412 Incorporated 05 August 2005 ROC Delhi HQ New Delhi, Delhi, India
Active Listed - NSE: ICELCO Public Limited Company transport and logistics MSME · Medium
Data last updated
Market Cap
₹207 Cr
ICELCO-SM · NSE
Share Price
₹116.50
+2.60% today
Revenue
₹143 Cr
FY 2025-26 · +17.4% YoY
EBITDA
₹27.03 Cr
Margin 18.9%
Net Profit
₹13.99 Cr
FY 2025-26 · +49.2% YoY
P/E (TTM)
13.9x
P/B 1.7x
ROE
24.9%
ROCE 21.9%
Debt / Equity
1.16
Interest cover 30.8x

About Ic Electricals Company Limited

Data last updated:

Ic Electricals Company Limited is a public limited company based in New Delhi, Delhi, India. It operates in the railway equipment and supply segment of the transport and logistics sector. It was incorporated on 05 August 2005 and has been in existence for over 21 years.

The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U31909DL2005PLC139412. Its GSTIN is 07AABCI4360H1ZQ (Delhi). The company holds 5 GST registrations, of which 3 are active. It is a listed company as per MCA records. Its shares are listed on NSE: ICELCO.

The company has an authorised share capital of ₹25 Cr and a paid-up capital of ₹13.42 Cr. It is led by directors including Sunil Kumar Verma (Managing Director) and Rahul Varma (Whole-Time Director).

Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2026. The registered office is at 156 Dsidc Okhla Indl Areaphase I, New Delhi, Delhi, India – 110020.

As per the latest consolidated financials for FY 2025-26, the company reported a revenue of ₹143.04 Cr, a growth of 17.4% compared to the previous year. For the same year it recorded a net profit of ₹13.99 Cr (net margin 9.8%) and EBITDA of ₹27.03 Cr (EBITDA margin 18.9%). The net worth stands at ₹63.62 Cr (up 28.4% YoY). Total assets are valued at ₹140.29 Cr (up 31.8% YoY).

Its group structure includes 1 subsidiary.

The company is associated with 1 brand: IC Electricals Company Ltd. As per MCA filings, the company has open charges of ₹83.16 Cr and satisfied charges of ₹39.88 Cr on record. Court records list 13 cases involving the company, including 5 filed by the company and 8 filed against it; 6 cases are pending. The company has 9 deals on record (4 funding rounds, 3 secondary share transfers, 1 rights issue), with disclosed funding of ₹10.23 Cr; the latest was in July 2026. The company has 13 MSME Form 1 returns on record between 2019 and 2024, listing 33 overdue payments to 5 micro and small suppliers.

Ic Electricals Company Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-UK-06-0003485). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website icelectricals.in.

Company details

CIN U31909DL2005PLC139412
Registration Number 139412
Incorporation Date 05 August 2005
ROC Delhi
Listing Status Listed (NSE: ICELCO)
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2026
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-UK-06-0003485

CIN history

Ic Electricals Company has one previous CIN (Corporate Identification Number): U31909DL2005PTC139412. The current CIN is U31909DL2005PLC139412, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U31909DL2005PLC139412Current
U31909DL2005PTC139412Previous

Recognitions & Rankings of Ic Electricals Company

MSME (Udyam registered) Ministry of MSME
Category
Medium (2023-24)
Udyam number
UDYAM-UK-06-0003485

Contact details

Ic Electricals Company Limited's registered office is in New Delhi, Delhi. Its website is icelectricals.in. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    156 Dsidc Okhla Indl Areaphase I, New Delhi, Delhi, India – 110020
  • Industry
    Transport and Logistics, Railway Equipment & Supply

To see the full contact details of Ic Electricals Company Limited, buy the company report.

Comprehensive company report
Ic Electricals Company Limited - one report that includes everything
  • 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
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Brands

Ic Electricals Company operates one associated brand: IC Electricals Company Ltd. Each brand links to its own profile.

BrandDescriptionWebsite
Power distribution, railway equipment, and manufacturing services in India.icelectricals.in

Business activity

The main business activity of Ic Electricals Company is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC10Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment

To see the full business activity and turnover split of Ic Electricals Company Limited, buy the company report.

Financials of Ic Electricals Company Limited

FY 2025-26 filings available

Ic Electricals Company Limited reported revenue of ₹143.04 Cr (up 17.4% YoY) for FY 2025-26.

Financial Highlights

FY 2025-26 · Consolidated
Revenue
₹143 Cr
+17.4% YoY
EBITDA
₹27.03 Cr
+38.1% YoY
Profit After Tax
₹13.99 Cr
+49.1% YoY
Net Worth
₹63.62 Cr
+28.4% YoY
Total Assets
₹140 Cr
+31.8% YoY
Total Debt
₹75.42 Cr
+35.2% YoY

Revenue vs Net Profit ₹ Cr

Margin trends

Financial summary ₹ Cr

MetricsFY 2025-26FY 2024-25FY 2023-24
Income statement
Revenue14312299.25
Revenue growth+17.4%+22.8%-
EBITDA27.0319.5712.95
EBITDA margin+18.9%+16.1%+13.1%
Profit before tax18.9412.646.03
Net profit13.999.384.53
Net profit margin+9.8%+7.7%+4.6%
EPS (₹)10.496.9811.76
Balance sheet
Total assets14010679.80
Net worth63.6249.5430.96
Total debt75.4255.7947.81
Cash & bank0.400.540.22
Net working capital13299.3569.36
Cash flow
Cash from operations(11.10)(9.65)(1.47)
Cash from investing(0.60)(0.26)0.10
Cash from financing11.5510.231.51
MetricsFY 2025-26FY 2024-25FY 2023-24
Income statement
Revenue14412199.22
Revenue growth+18.5%+22.4%-
EBITDA26.9919.3913.11
EBITDA margin+18.8%+16.0%+13.2%
Profit before tax18.8212.466.02
Net profit13.929.284.61
Net profit margin+9.7%+7.6%+4.7%
EPS (₹)10.456.9212.00
Balance sheet
Total assets14110781.66
Net worth65.7451.7133.22
Total debt74.1554.1247.72
Cash & bank0.340.310.09
Net working capital13299.5771.31
Cash flow
Cash from operations(11.46)(8.28)(1.62)
Cash from investing(0.60)(0.27)0.24
Cash from financing12.098.761.43

Financial Statements

Figures in ₹ Cr; negatives in brackets. Updated 31 Oct 2026
ParticularsFY 2025-26FY 2024-25FY 2023-24
Revenue14312299.25
Revenue growth+17.4%+22.8%-
Other income0.770.500.50
Total expenses11610286.30
Employee cost11.599.259.71
EBITDA27.0319.5712.95
EBITDA margin+18.9%+16.1%+13.1%
Depreciation0.780.470.45
Interest8.086.966.97
Profit before tax18.9412.646.03
Tax4.833.221.41
Net profit13.999.384.53
Net profit margin+9.8%+7.7%+4.6%
EPS (₹)10.496.9811.76
ParticularsFY 2025-26FY 2024-25FY 2023-24
Equity & liabilities
Share capital13.4213.423.85
Reserves & surplus50.2036.1227.11
Shareholders' funds (net worth)63.6249.5430.96
Minority interest0.370.340.30
Secured loans44.3229.0223.46
Unsecured loans31.1026.7724.35
Total debt75.4255.7947.81
Total liabilities14010679.80
Assets
Gross block13.4212.5811.96
Net block3.082.812.66
Capital work in progress0.000.000.00
Investments0.000.000.00
Inventories97.7185.6075.62
Sundry debtors35.4627.6735.75
Cash & bank balances0.400.540.22
Loans & advances51.1939.1021.86
Total current assets185153133
Total current liabilities53.1553.5664.09
Net working capital13299.3569.36
Total assets14010679.80
ParticularsFY 2025-26FY 2024-25FY 2023-24
Opening cash0.540.220.09
Net cash from operating activities(11.10)(9.65)(1.47)
Net cash from investing activities(0.60)(0.26)0.10
Net cash from financing activities11.5510.231.51
Net change in cash(0.14)0.310.14
Closing cash0.400.540.22
ParticularsFY 2025-26FY 2024-25FY 2023-24
Growth
Sales growth+17.4%+22.8%-
EBITDA growth+38.1%+51.1%-
PBT growth+49.8%+109.6%+9997.0%
Net income growth+49.2%+107.1%-
Profitability & leverage
Net income margin+9.9%+7.7%+4.7%
Return on capital employed+22.0%+21.1%+16.4%
Return on net worth+24.9%+23.4%+14.9%
Debt / equity1.161.291.54
Long-term debt / equity0.040.060.10
Interest cover30.7836.4455.76
Efficiency & per share
Fixed asset turnover11.009.938.30
Inventory turnover1.561.511.31
Debtors turnover4.533.842.78
EPS (₹)10.496.9811.76
Dividend per share (₹)0.000.000.00
Book value per share (₹)47.4036.9180.41
ParticularsFY 2025-26FY 2024-25FY 2023-24
Revenue14412199.22
Revenue growth+18.5%+22.4%-
Other income0.510.360.30
Total expenses11710286.11
Employee cost11.389.069.59
EBITDA26.9919.3913.11
EBITDA margin+18.8%+16.0%+13.2%
Depreciation0.750.430.43
Interest7.936.866.96
Profit before tax18.8212.466.02
Tax4.803.181.41
Net profit13.929.284.61
Net profit margin+9.7%+7.6%+4.7%
EPS (₹)10.456.9212.00
ParticularsFY 2025-26FY 2024-25FY 2023-24
Equity & liabilities
Share capital13.4213.423.85
Reserves & surplus52.3238.2929.37
Shareholders' funds (net worth)65.7451.7133.22
Secured loans43.0627.3723.38
Unsecured loans31.0926.7524.34
Total debt74.1554.1247.72
Total liabilities14110781.66
Assets
Gross block13.2312.4011.78
Net block2.992.702.51
Capital work in progress0.000.000.00
Investments0.060.060.06
Inventories91.9181.3971.68
Sundry debtors42.1633.6942.08
Cash & bank balances0.340.310.09
Loans & advances48.0135.6518.35
Total current assets182151132
Total current liabilities50.3251.4760.89
Net working capital13299.5771.31
Total assets14110781.66
ParticularsFY 2025-26FY 2024-25FY 2023-24
Opening cash0.310.090.05
Net cash from operating activities(11.46)(8.28)(1.62)
Net cash from investing activities(0.60)(0.27)0.24
Net cash from financing activities12.098.761.43
Net change in cash0.030.220.05
Closing cash0.340.310.09
ParticularsFY 2025-26FY 2024-25FY 2023-24
Growth
Sales growth+18.5%+22.4%-
EBITDA growth+39.2%+47.9%-
PBT growth+51.0%+107.0%+9997.0%
Net income growth+50.0%+101.3%-
Profitability & leverage
Net income margin+9.7%+7.6%+4.7%
Return on capital employed+21.6%+20.5%+15.9%
Return on net worth+23.9%+21.9%+13.9%
Debt / equity1.091.201.44
Long-term debt / equity0.030.060.09
Interest cover30.2236.1854.89
Efficiency & per share
Fixed asset turnover11.2310.058.42
Inventory turnover1.661.591.38
Debtors turnover3.803.212.36
EPS (₹)10.456.9212.00
Dividend per share (₹)0.000.000.00
Book value per share (₹)48.9838.5386.28

To see the full year-wise statements and ratios of Ic Electricals Company Limited, buy the company report.

Board of directors of Ic Electricals Company Limited

Ic Electricals Company has 8 current directors and 13 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Renu VermaDirector26 Feb 20242 Years 8 MonthsCurrent
Bhaskar Reddy DasariDirector27 Dec 20241 Years 10 MonthsCurrent
Sunil Kumar VermaManaging Director01 Nov 200520 Years 11 MonthsCurrent
Rahul VarmaWhole-Time Director14 Aug 20188 Years 2 MonthsCurrent
Savita SachdevaDirector17 Jul 20179 Years 3 MonthsCurrent
Nitin ChowdharyDirector22 Mar 20251 Years 7 MonthsCurrent
Showing 6 of 8 current directors. View all directors

Auditor

Ic Electricals Company Limited is audited by K G A R AND CO. for the financial year 2023.

Auditor firmFinancial yearFirm registration number
K G A R AND CO.FY 2023024525N

Shareholding

Shareholding for the quarter ended Sep 2026: promoters hold 60.90%, foreign institutional investors hold 0.60%, domestic institutional investors hold 3.60% and retail and other public shareholders hold 34.90%.

Promoters: 60.90%DII (Domestic Institutional): 3.60%FII (Foreign Institutional): 0.60%Retail & Others: 34.90%
Sep 2026
QUARTER
60.90% Promoters
3.60% DII (Domestic Institutional)
0.60% FII (Foreign Institutional)
34.90% Retail & Others
Shareholding trend - last 6 quarters
Sep 2026
Promoters60.90%
Public39.10%

Charges & borrowings

Open charges
₹83.16 Cr
Satisfied charges
₹39.88 Cr
Breakdown by lending institutions
Others₹82.93 Cr
Hdfc Bank Limited₹0.23 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
16 Apr 2025101089399Others₹14.5 LakhOpen
04 Apr 2025101090087Others₹30 LakhOpen
10 Jan 2025101054315Hdfc Bank Limited₹23.34 LakhOpen
03 Jan 2025101036150Others₹24 LakhOpen
12 Sep 2024100978977Others₹16 LakhOpen

To see the full charge records of Ic Electricals Company Limited, buy the company report.

Total charge records: 35 View all charges

Deals & funding

Ic Electricals Company Limited has 9 deals on record (4 funding rounds, 3 secondary share transfers, 1 rights issue), with disclosed funding of ₹10.23 Cr; the latest was in July 2026.

Total deals
9
Funding rounds
4
Secondary share transfers
3
Rights issue
1
IPO
1
Disclosed funding
₹10.23 Cr

Deals on record (5 of 9)

WhenDealAmountParties
Jul 2026IPO₹47.91 CrInvestors: Bengal Finance and Investment Private Limited , Sageone-flagship Growth Oe Fund, Pine Oak Global Fund
Jul 2024Funding round₹9.73 CrInvestors: Dhanacharya Advisors LLP , 3 individuals
Jun 2024Secondary share transferUndisclosedBuyer: SHBD LLP
Seller: an individual
Aug 2019Rights issue₹3.3 CrInvestors: Safe System India Private Limited , 3 individuals
Oct 2009Funding round₹25 LakhInvestors: Safe Insulation Technologies Private Limited , an individual

To see the full deal history of Ic Electricals Company Limited, buy the company report.

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

Credit ratings & regulatory alerts

Ic Electricals Company Limited was last rated by Crisil on 07 Jul 2020.

Rating agencyRated onRating
Crisil07 Jul 2020

To see the full credit ratings and regulatory alerts of Ic Electricals Company Limited, buy the company report.

MSME payment delays

Ic Electricals Company Limited has 13 MSME Form 1 returns on record between 2019 and 2024, listing 33 overdue payments to 5 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.

Suppliers with reported dues (5 of 5)

SupplierAmount dueDue sinceReported on
an individual supplier
India Circuits Private Limited
Allied Electroic Corporation
R.J.Industrial Corporation
an individual supplier

To see the full MSME payment records of Ic Electricals Company Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

Group structure & subsidiaries

Ic Electricals Company has 1 subsidiary company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.

1
Subsidiary companies
Key subsidiaries
Company NameCINShares held
Safe Coils India Private LimitedU35914DL2006PTC150377

To see the full group structure of Ic Electricals Company Limited, buy the company report.

GST

Ic Electricals Company has 5 GST registrations: 3 active and 2 cancelled or inactive.

Total GSTINs
5
Active
3
Cancelled / inactive
2
GSTINStateStatusRegistered on
07AABCI4360H1ZQDelhiActive08 Dec 2017
06AABCI4360H1ZSHaryanaActive04 Sep 2024
29AABCI4360H1ZKKarnatakaActive28 Nov 2024

To see the full GST registrations and return filing status of Ic Electricals Company Limited, buy the company report.

Recent activity

Ic Electricals Company Limited has 21 board changes on record since 2005: 9 appointments and 12 cessations. The latest: Sanjay Pandey ceased to be Additional Director on 17 Jun 2025.

Filing
Ic Electricals Company Limited has filed its annual Financial statements for the year ended 31 Mar 2026 with Roc Delhi.
Charges
A charge with Others of Rs. 79.67 Cr registered on 25 Oct 2013 with Charge ID 10457616 was modified on 07 Nov 2025.
Ceased
Sanjay Pandey ceased to be Additional Director.
Ceased
Bhaskar Reddy Dasari ceased to be Additional Director.
Appointed
Sanjay Pandey was appointed as Director.
Charges
A charge with Others amounted to Rs. 0.15 Cr with Charge ID 101089399 was registered on 16 Apr 2025.
Charges
A charge with Others amounted to Rs. 0.30 Cr with Charge ID 101090087 was registered on 04 Apr 2025.
Ceased
Sanjai Vishwakarma ceased to be Director.
Appointed
Nitin Chowdhary was appointed as Director.
Ceased
Nitin Chowdhary ceased to be Director.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.23 Cr with Charge ID 101054315 was registered on 10 Jan 2025.
Charges
A charge with Others amounted to Rs. 0.24 Cr with Charge ID 101036150 was registered on 03 Jan 2025.

76 earlier events are in the company report.

Frequently asked questions

Ic Electricals Company is an active public limited company based in New Delhi, Delhi, India. The company works in railway equipment and supply, within the transport and logistics industry. It was incorporated on 05 August 2005 (21+ years old) and is registered under CIN U31909DL2005PLC139412. Listed on NSE: ICELCO.

Ic Electricals Company reported revenue of ₹143.04 Cr for FY 2025-26 (up 17.4% YoY) based on consolidated financials.

Ic Electricals Company has 8 current directors:

The latest financial statements of Ic Electricals Company on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.

The GSTIN of Ic Electricals Company is 07AABCI4360H1ZQ, registered in Delhi. The company has 5 GST registrations in all, of which 3 are active and 2 are cancelled or inactive. Other active GSTINs include 06AABCI4360H1ZS (Haryana), 29AABCI4360H1ZK (Karnataka).

The CIN (Corporate Identification Number) of Ic Electricals Company is U31909DL2005PLC139412. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Yes. Ic Electricals Company is a listed company as per MCA records. Its shares are listed on NSE (symbol: ICELCO).

Ic Electricals Company has 13 court cases on record: 5 filed by the company and 8 filed against it. 6 are pending. Most are in the district courts.

Ic Electricals Company was incorporated on 05 August 2005, making it 21+ years old. It is registered with the Registrar of Companies, Delhi.

Ic Electricals Company has 9 deals on record (4 funding rounds, 3 secondary share transfers, 1 rights issue), with disclosed funding of ₹10.23 Cr; the latest was in July 2026.

Sanjay Pandey ceased to be Additional Director on 17 Jun 2025. Bhaskar Reddy Dasari ceased to be Additional Director on 16 May 2025. Sanjay Pandey was appointed as Director on 24 Apr 2025. Ic Electricals Company has 21 board changes on record in total.