- Category
- Medium (2023-24)
- Udyam number
- UDYAM-UK-06-0003485

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 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.
| CIN | Status |
|---|---|
| U31909DL2005PLC139412 | Current |
| U31909DL2005PTC139412 | Previous |
Recognitions & Rankings of Ic Electricals Company
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
- Website
- Registered Address156 Dsidc Okhla Indl Areaphase I, New Delhi, Delhi, India – 110020
- IndustryTransport and Logistics, Railway Equipment & Supply
To see the full contact details of Ic Electricals Company 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
Brands
Ic Electricals Company operates one associated brand: IC Electricals Company Ltd. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| 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 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 Ic Electricals Company Limited, buy the company report.
Financials of Ic Electricals Company Limited
FY 2025-26 filings availableIc Electricals Company Limited reported revenue of ₹143.04 Cr (up 17.4% YoY) for FY 2025-26.
Financial Highlights
FY 2025-26 · ConsolidatedRevenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 |
|---|---|---|---|
| Income statement | |||
| Revenue | 143 | 122 | 99.25 |
| Revenue growth | +17.4% | +22.8% | - |
| EBITDA | 27.03 | 19.57 | 12.95 |
| EBITDA margin | +18.9% | +16.1% | +13.1% |
| Profit before tax | 18.94 | 12.64 | 6.03 |
| Net profit | 13.99 | 9.38 | 4.53 |
| Net profit margin | +9.8% | +7.7% | +4.6% |
| EPS (₹) | 10.49 | 6.98 | 11.76 |
| Balance sheet | |||
| Total assets | 140 | 106 | 79.80 |
| Net worth | 63.62 | 49.54 | 30.96 |
| Total debt | 75.42 | 55.79 | 47.81 |
| Cash & bank | 0.40 | 0.54 | 0.22 |
| Net working capital | 132 | 99.35 | 69.36 |
| Cash flow | |||
| Cash from operations | (11.10) | (9.65) | (1.47) |
| Cash from investing | (0.60) | (0.26) | 0.10 |
| Cash from financing | 11.55 | 10.23 | 1.51 |
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 |
|---|---|---|---|
| Income statement | |||
| Revenue | 144 | 121 | 99.22 |
| Revenue growth | +18.5% | +22.4% | - |
| EBITDA | 26.99 | 19.39 | 13.11 |
| EBITDA margin | +18.8% | +16.0% | +13.2% |
| Profit before tax | 18.82 | 12.46 | 6.02 |
| Net profit | 13.92 | 9.28 | 4.61 |
| Net profit margin | +9.7% | +7.6% | +4.7% |
| EPS (₹) | 10.45 | 6.92 | 12.00 |
| Balance sheet | |||
| Total assets | 141 | 107 | 81.66 |
| Net worth | 65.74 | 51.71 | 33.22 |
| Total debt | 74.15 | 54.12 | 47.72 |
| Cash & bank | 0.34 | 0.31 | 0.09 |
| Net working capital | 132 | 99.57 | 71.31 |
| Cash flow | |||
| Cash from operations | (11.46) | (8.28) | (1.62) |
| Cash from investing | (0.60) | (0.27) | 0.24 |
| Cash from financing | 12.09 | 8.76 | 1.43 |
Financial Statements
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 |
|---|---|---|---|
| Revenue | 143 | 122 | 99.25 |
| Revenue growth | +17.4% | +22.8% | - |
| Other income | 0.77 | 0.50 | 0.50 |
| Total expenses | 116 | 102 | 86.30 |
| Employee cost | 11.59 | 9.25 | 9.71 |
| EBITDA | 27.03 | 19.57 | 12.95 |
| EBITDA margin | +18.9% | +16.1% | +13.1% |
| Depreciation | 0.78 | 0.47 | 0.45 |
| Interest | 8.08 | 6.96 | 6.97 |
| Profit before tax | 18.94 | 12.64 | 6.03 |
| Tax | 4.83 | 3.22 | 1.41 |
| Net profit | 13.99 | 9.38 | 4.53 |
| Net profit margin | +9.8% | +7.7% | +4.6% |
| EPS (₹) | 10.49 | 6.98 | 11.76 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 |
|---|---|---|---|
| Equity & liabilities | |||
| Share capital | 13.42 | 13.42 | 3.85 |
| Reserves & surplus | 50.20 | 36.12 | 27.11 |
| Shareholders' funds (net worth) | 63.62 | 49.54 | 30.96 |
| Minority interest | 0.37 | 0.34 | 0.30 |
| Secured loans | 44.32 | 29.02 | 23.46 |
| Unsecured loans | 31.10 | 26.77 | 24.35 |
| Total debt | 75.42 | 55.79 | 47.81 |
| Total liabilities | 140 | 106 | 79.80 |
| Assets | |||
| Gross block | 13.42 | 12.58 | 11.96 |
| Net block | 3.08 | 2.81 | 2.66 |
| Capital work in progress | 0.00 | 0.00 | 0.00 |
| Investments | 0.00 | 0.00 | 0.00 |
| Inventories | 97.71 | 85.60 | 75.62 |
| Sundry debtors | 35.46 | 27.67 | 35.75 |
| Cash & bank balances | 0.40 | 0.54 | 0.22 |
| Loans & advances | 51.19 | 39.10 | 21.86 |
| Total current assets | 185 | 153 | 133 |
| Total current liabilities | 53.15 | 53.56 | 64.09 |
| Net working capital | 132 | 99.35 | 69.36 |
| Total assets | 140 | 106 | 79.80 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 |
|---|---|---|---|
| Opening cash | 0.54 | 0.22 | 0.09 |
| 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 activities | 11.55 | 10.23 | 1.51 |
| Net change in cash | (0.14) | 0.31 | 0.14 |
| Closing cash | 0.40 | 0.54 | 0.22 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 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 / equity | 1.16 | 1.29 | 1.54 |
| Long-term debt / equity | 0.04 | 0.06 | 0.10 |
| Interest cover | 30.78 | 36.44 | 55.76 |
| Efficiency & per share | |||
| Fixed asset turnover | 11.00 | 9.93 | 8.30 |
| Inventory turnover | 1.56 | 1.51 | 1.31 |
| Debtors turnover | 4.53 | 3.84 | 2.78 |
| EPS (₹) | 10.49 | 6.98 | 11.76 |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 47.40 | 36.91 | 80.41 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 |
|---|---|---|---|
| Revenue | 144 | 121 | 99.22 |
| Revenue growth | +18.5% | +22.4% | - |
| Other income | 0.51 | 0.36 | 0.30 |
| Total expenses | 117 | 102 | 86.11 |
| Employee cost | 11.38 | 9.06 | 9.59 |
| EBITDA | 26.99 | 19.39 | 13.11 |
| EBITDA margin | +18.8% | +16.0% | +13.2% |
| Depreciation | 0.75 | 0.43 | 0.43 |
| Interest | 7.93 | 6.86 | 6.96 |
| Profit before tax | 18.82 | 12.46 | 6.02 |
| Tax | 4.80 | 3.18 | 1.41 |
| Net profit | 13.92 | 9.28 | 4.61 |
| Net profit margin | +9.7% | +7.6% | +4.7% |
| EPS (₹) | 10.45 | 6.92 | 12.00 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 |
|---|---|---|---|
| Equity & liabilities | |||
| Share capital | 13.42 | 13.42 | 3.85 |
| Reserves & surplus | 52.32 | 38.29 | 29.37 |
| Shareholders' funds (net worth) | 65.74 | 51.71 | 33.22 |
| Secured loans | 43.06 | 27.37 | 23.38 |
| Unsecured loans | 31.09 | 26.75 | 24.34 |
| Total debt | 74.15 | 54.12 | 47.72 |
| Total liabilities | 141 | 107 | 81.66 |
| Assets | |||
| Gross block | 13.23 | 12.40 | 11.78 |
| Net block | 2.99 | 2.70 | 2.51 |
| Capital work in progress | 0.00 | 0.00 | 0.00 |
| Investments | 0.06 | 0.06 | 0.06 |
| Inventories | 91.91 | 81.39 | 71.68 |
| Sundry debtors | 42.16 | 33.69 | 42.08 |
| Cash & bank balances | 0.34 | 0.31 | 0.09 |
| Loans & advances | 48.01 | 35.65 | 18.35 |
| Total current assets | 182 | 151 | 132 |
| Total current liabilities | 50.32 | 51.47 | 60.89 |
| Net working capital | 132 | 99.57 | 71.31 |
| Total assets | 141 | 107 | 81.66 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 |
|---|---|---|---|
| Opening cash | 0.31 | 0.09 | 0.05 |
| 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 activities | 12.09 | 8.76 | 1.43 |
| Net change in cash | 0.03 | 0.22 | 0.05 |
| Closing cash | 0.34 | 0.31 | 0.09 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 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 / equity | 1.09 | 1.20 | 1.44 |
| Long-term debt / equity | 0.03 | 0.06 | 0.09 |
| Interest cover | 30.22 | 36.18 | 54.89 |
| Efficiency & per share | |||
| Fixed asset turnover | 11.23 | 10.05 | 8.42 |
| Inventory turnover | 1.66 | 1.59 | 1.38 |
| Debtors turnover | 3.80 | 3.21 | 2.36 |
| EPS (₹) | 10.45 | 6.92 | 12.00 |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 48.98 | 38.53 | 86.28 |
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.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Renu Verma Also directs: SHBD LLP, Safe Coils India Private Limited., Safe System India Private Limited and 1 more | Director | 26 Feb 2024 | 2 Years 8 Months | Current |
| Bhaskar Reddy Dasari Also directs: Splendere Decarb Technologies Private Limited, Green Tree Research and Development Private Limited, Choice Foundation and 2 more | Director | 27 Dec 2024 | 1 Years 10 Months | Current |
| Sunil Kumar Verma Also directs: SHBD LLP, Safe Coils India Private Limited., Safe System India Private Limited and 1 more | Managing Director | 01 Nov 2005 | 20 Years 11 Months | Current |
| Rahul Varma | Whole-Time Director | 14 Aug 2018 | 8 Years 2 Months | Current |
| Savita Sachdeva | Director | 17 Jul 2017 | 9 Years 3 Months | Current |
| Nitin Chowdhary Also directs: Ideal Matrix Technologies Private Limited | Director | 22 Mar 2025 | 1 Years 7 Months | Current |
Auditor
Ic Electricals Company Limited is audited by K G A R AND CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| K G A R AND CO. | FY 2023 | 024525N |
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%.
| Sep 2026 | |
|---|---|
| Promoters | 60.90% |
| Public | 39.10% |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 16 Apr 2025 | 101089399 | Others | ₹14.5 Lakh | Open | |
| 04 Apr 2025 | 101090087 | Others | ₹30 Lakh | Open | |
| 10 Jan 2025 | 101054315 | Hdfc Bank Limited | ₹23.34 Lakh | Open | |
| 03 Jan 2025 | 101036150 | Others | ₹24 Lakh | Open | |
| 12 Sep 2024 | 100978977 | Others | ₹16 Lakh | Open |
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.
Deals on record (5 of 9)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jul 2026 | IPO | ₹47.91 Cr | Investors: Bengal Finance and Investment Private Limited , Sageone-flagship Growth Oe Fund, Pine Oak Global Fund |
| Jul 2024 | Funding round | ₹9.73 Cr | Investors: Dhanacharya Advisors LLP , 3 individuals |
| Jun 2024 | Secondary share transfer | Undisclosed | Buyer: SHBD LLP Seller: an individual |
| Aug 2019 | Rights issue | ₹3.3 Cr | Investors: Safe System India Private Limited , 3 individuals |
| Oct 2009 | Funding round | ₹25 Lakh | Investors: 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.
Legal cases
Ic Electricals Company Limited has 13 court cases on record: 5 filed by Ic Electricals Company, 8 filed against it. 6 cases are pending and 7 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 8 | 8 | 5 |
| High courts | 5 | 0 | 1 |
Cases on record (5 of 13)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Gurugram, Haryana | Cheque dishonour complaint | Filed against the company by Arthur Flury India Private Limited | Pending |
| High Court of Delhi | Court case (O.M.P.(I) (COMM.)) | Filed by the company against Haryana Rail Infrastructure Development Corporation Ltd Hridc | Disposed |
| District court, Gurugram, Haryana | Civil suit | Filed against the company by M/S R.K Transworld Through Its Proprietor | Pending |
| District court, Lucknow, Uttar Pradesh | Arbitration matter | Filed against the company by an individual | Pending |
| District court, Fatehgarh Sahib, Punjab | Civil suit | Filed against the company by Jain Steel Industries | Pending |
To see the full case history of Ic Electricals Company 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.
Credit ratings & regulatory alerts
Ic Electricals Company Limited was last rated by Crisil on 07 Jul 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 07 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)
| Supplier | Amount due | Due since | Reported 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.
| Company Name | CIN | Shares held |
|---|---|---|
| Safe Coils India Private Limited | U35914DL2006PTC150377 |
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.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AABCI4360H1ZQ | Delhi | Active | 08 Dec 2017 |
| 06AABCI4360H1ZS | Haryana | Active | 04 Sep 2024 |
| 29AABCI4360H1ZK | Karnataka | Active | 28 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.
76 earlier events are in the company report.
News
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:
- Sunil Kumar Verma - Managing Director
- Rahul Varma - Whole-Time Director
- Renu Verma - Director
- Bhaskar Reddy Dasari - Director
- Savita Sachdeva - Director
- Nitin Chowdhary - Director
- Sanjai Vishwakarma - Director
- Sanjay Pandey - Director
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.

