About Inelec Engineers India Private Limited
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Inelec Engineers India Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the industrial tools and components segment of the machinery and industrial equipment sector. It was incorporated on 14 June 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U31103KA2010PTC054052. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors Meera Vasista Narendra (Managing Director) and Narendra Vasista Kumar.
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 Bangalore, Karnataka.
As per the financials filed for FY 2017, the company reported a revenue of ₹13.71 Lakh, a growth of 51% compared to the previous year. For the same year it recorded a net profit of ₹14,232 (net margin 1%) and EBITDA of ₹26,169 (EBITDA margin 1.9%). Revenue has declined at a compounded annual rate (CAGR) of 27% over three years.
The current compliance status is marked as active non-compliant by the Registrar of Companies. For more details, the company can be reached via its website inelecindia.co.in.
Company details
Contact details
Inelec Engineers India Private Limited's registered office is in Bangalore, Karnataka. Its website is inelecindia.co.in. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressNo.2311 Vasista 2nd Floor 21st Cross K.R. Road Banashankari 2nd, Stage, Bangalore, Karnataka, India – 560070
- IndustryMachinery and Equipment, Industrial Tools & Components
To see the full contact details of Inelec Engineers India 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 Inelec Engineers India is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Inelec Engineers India Private Limited, buy the company report.
Financials of Inelec Engineers India Private Limited
FY 2017 filings availableInelec Engineers India Private Limited reported revenue of ₹13.71 Lakh (up 51% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue rose 51% in the latest year, though over three years it has declined at a compounded annual rate (CAGR) of 27%. EBITDA fell 60% 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
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | |||
| Other Income | |||
| Total Revenue | ₹13.71 Lakh | ||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | ₹26,169 | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | ₹14,232 | ||
| Balance Sheet | |||
| Share Capital | |||
| Reserves and Surplus | |||
| Net Worth (Total Equity) | |||
| Long-term Borrowings | |||
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| Trade Payables | |||
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Financial Ratios
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 1.9% | ||
| Net Profit Margin | 1% | ||
| Return on Equity (ROE) | |||
| Return on Capital Employed (ROCE) | |||
| Return on Assets (ROA) | |||
| Liquidity and Debt | |||
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| Efficiency and Growth | |||
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| Receivable Days | |||
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| Revenue Growth | |||
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To see the full financial statements and ratios of Inelec Engineers India Private Limited, buy the company report.
Board of directors of Inelec Engineers India Private Limited
Inelec Engineers India has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Narendra Vasista Kumar | Director | 14 Jun 2010 | 16 Years 4 Months | Current |
| Meera Vasista Narendra | Managing Director | 14 Jun 2010 | 16 Years 4 Months | Current |
Auditor
Inelec Engineers India Private Limited is audited by J S B R & CO for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| J S B R & CO | FY 2017 | 012844S |
Shareholding
The shareholding of Inelec Engineers India Private Limited is on record for 3 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Inelec Engineers India Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Inelec Engineers India Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Inelec Engineers India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Inelec Engineers India 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 Inelec Engineers India Private Limited, buy the company report.
Recent activity
Inelec Engineers India Private Limited has 2 board changes on record since 2010: 2 appointments. The latest: Meera Vasista Narendra was appointed as Managing Director on 14 Jun 2010.
Frequently asked questions
Inelec Engineers India is an active private limited company based in Bangalore, Karnataka, India. The company works in industrial tools and components, within the machinery and equipment industry. It was incorporated on 14 June 2010 (16+ years old) and is registered under CIN U31103KA2010PTC054052.
Inelec Engineers India has 2 current directors:
- Meera Vasista Narendra - Managing Director
- Narendra Vasista Kumar - Director
The latest financial statements of Inelec Engineers India 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. Inelec Engineers India has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Inelec Engineers India is U31103KA2010PTC054052. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Inelec Engineers India was incorporated on 14 June 2010, making it 16+ years old. It is registered with the Registrar of Companies, Bangalore.
Meera Vasista Narendra was appointed as Managing Director on 14 Jun 2010. Narendra Vasista Kumar was appointed as Director on 14 Jun 2010.
Inelec Engineers India can be reached through the website inelecindia.co.in. Its registered office is in Bangalore, Karnataka, India.
The registered office of Inelec Engineers India is at No.2311 Vasista 2nd Floor 21st Cross K.R. Road Banashankari 2nd, Stage, Bangalore, Karnataka, India – 560070.
Inelec Engineers India operates in the machinery and equipment industry, in the industrial tools and components segment.