Indsol Enertech Limited
About Indsol Enertech Limited
Data last updated:
Indsol Enertech Limited is a public limited company based in Ahmedabad, Gujarat, India. It operates in the medical and laboratory equipment segment of the healthcare sector. It was incorporated on 16 April 2004 and has been in existence for over 22 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U24231GJ2004PLC043985.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh. It was formerly known as Astramed Technologies Limited. It is led by directors including Viral Kishorkumar Shah and Nikitkumar Dineshkumar Shah.
Its last annual general meeting (AGM) was held on 28 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Ahmedabad, Gujarat.
As per the financials filed for FY 2023, the company reported a revenue of ₹80,780. For the same year it recorded a net loss of ₹1.25 Lakh (net margin -154.6%) and EBITDA of -₹42,342 (EBITDA margin -52.4%).
As per MCA filings, the company has open charges of ₹49.48 Cr and satisfied charges of ₹75.01 Cr on record. Court records list 1 case involving the company, including 1 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Indsol Enertech Limited's registered office is in Ahmedabad, Gujarat. Its e-mail address is in the company report.
- Email
- Registered Address407 Sangita Complex Opp. Doctor House, Parimal Crossing, Ahmedabad, Gujarat, India – 380006
- IndustryHealthcare, Medical & Laboratory Equipment
To see the full contact details of Indsol Enertech 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
Financials of Indsol Enertech Limited
FY 2024 filings availableIndsol Enertech Limited reported revenue of ₹80,780 for FY 2023.
Financial Statement Summary
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹80,780 | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹42,342 | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹1.25 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -52.4% | ||||
| Net Profit Margin | -154.6% | ||||
| 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 Indsol Enertech Limited, buy the company report.
Board of directors of Indsol Enertech Limited
Indsol Enertech has 3 current directors and 20 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Viral Kishorkumar Shah | Director | 23 Aug 2023 | 3 Years 2 Months | Current |
| Nikitkumar Dineshkumar Shah Also directs: Wastefuels Limited, Flourish Dairyfarms Private Limited, Cygnus Laboratories Limited and 3 more | Director | 01 Aug 2023 | 3 Years 3 Months | Current |
| Kaushal Bipinchandra Suthar Also directs: Abellon Agrisciences Limited, Wastefuels Limited | Director | 23 Jun 2022 | 4 Years 4 Months | Current |
Auditor
Indsol Enertech Limited is audited by ROOPEN R. SHAH & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ROOPEN R. SHAH & CO. | FY 2023 | 107279 |
Shareholding
The shareholding of Indsol Enertech Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Indsol Enertech Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 25 Sep 2024 | 100989043 | Indian Overseas Bank | ₹49.48 Cr | Open | |
| 29 Mar 2019 | 100253488 | The South Indian Bank Limited | ₹20.63 Cr | Satisfied | |
| 07 Mar 2014 | 10482244 | Reliance Capital Ltd | ₹4 Cr | Satisfied | |
| 18 Apr 2012 | 10351610 | Ecl Finance Limited | ₹12 Cr | Satisfied | |
| 21 Jun 2011 | 10440594 | Andhra Bank | ₹24.18 Cr | Satisfied |
To see the full charge records of Indsol Enertech Limited, buy the company report.
Total charge records: 7 View all charges
Legal cases
Indsol Enertech Limited has 1 court case on record: 1 filed against it. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed against the company by an individual | Disposed |
To see the full case history of Indsol Enertech 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 Indsol Enertech Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Indsol Enertech Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Indsol Enertech Limited has 23 board changes on record since 2008: 3 appointments and 20 cessations. The latest: Nikitkumar Dineshkumar Shah ceased to be Additional Director on 29 Sep 2023.
30 earlier events are in the company report.
Frequently asked questions
Indsol Enertech is an active public limited company based in Ahmedabad, Gujarat, India. The company works in medical and laboratory equipment, within the healthcare industry. It was incorporated on 16 April 2004 (22+ years old) and is registered under CIN U24231GJ2004PLC043985.
Indsol Enertech has 3 current directors:
- Viral Kishorkumar Shah - Director
- Nikitkumar Dineshkumar Shah - Director
- Kaushal Bipinchandra Suthar - Director
The latest financial statements of Indsol Enertech on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 28 September 2024. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Indsol Enertech is U24231GJ2004PLC043985. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Indsol Enertech has 1 court case on record: 1 filed against it.
Indsol Enertech was incorporated on 16 April 2004, making it 22+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Nikitkumar Dineshkumar Shah ceased to be Additional Director on 29 Sep 2023. Viral Kishorkumar Shah ceased to be Additional Director on 29 Sep 2023. Viral Kishorkumar Shah was appointed as Director on 23 Aug 2023. Indsol Enertech has 23 board changes on record in total.
The registered office of Indsol Enertech is at 407 Sangita Complex Opp. Doctor House, Parimal Crossing, Ahmedabad, Gujarat, India – 380006.
Indsol Enertech operates in the healthcare industry, in the medical and laboratory equipment segment.
Indsol Enertech has open charges of ₹49.48 Cr and satisfied charges of ₹75.01 Cr as per latest MCA filings.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
