About JLC Electromet Private Limited
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JLC Electromet Private Limited is a private limited company based in Jaipur, Rajasthan, India. It operates in the metal manufacturing and processing segment of the metals and mining sector. It was incorporated on 31 March 1984 and has been in existence for over 42 years.
The company is registered with the Registrar of Companies (ROC), Jaipur, under CIN U27017RJ1984PTC002959. Its GSTIN is 08AABCJ8786A1ZF (Rajasthan).
The company has an authorised share capital of ₹30 Lakh and a paid-up capital of ₹27.5 Lakh. It was formerly known as Jaipur Lamp Components Private Limited and Jaipur Lamp Components Pvt Ltd. It is led by directors including Naveen Baid and Chitra Baid.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Plot No 153 A Road No 11 – H Vishwakarma Industrial Area Jaipur, Rajasthan, India – 302012.
As per the financials filed for FY 2025, the company reported a revenue of ₹640.49 Cr, a growth of 2% compared to the previous year. For the same year it recorded a net profit of ₹55.75 Cr (net margin 8.7%) and EBITDA of ₹88.84 Cr (EBITDA margin 13.9%). Revenue has grown at a compounded annual rate (CAGR) of 12% over three years and 20% over five years.
The company has about 155 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: JLC Electromet. As per MCA filings, the company has open charges of ₹244.8 Cr and satisfied charges of ₹33 Cr on record. Court records list 8 cases involving the company, including 6 filed by the company and 2 filed against it; 3 cases are pending. The company has 3 deals on record (3 secondary share transfers); the latest was in November 2011. Its 7 peer companies in the Metals and Minerals industry (Metals), with the same principal business activity (metal and metal products) are compared by revenue, 4 larger and 3 smaller; the largest is Sundaram Alloys Limited with revenue of ₹687.2 Cr. The company has 13 MSME Form 1 returns on record between 2019 and 2024, listing 663 overdue payments to 75 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website jlcelectromet.com.
Company details
Name history
JLC Electromet has undergone 2 name changes throughout its history. The company was previously known as Jaipur Lamp Components Private Limited, and Jaipur Lamp Components Pvt Ltd. The current legal name is Jlc Electromet Private Limited.
| Company Name | Status |
|---|---|
| JLC Electromet Private Limited | Current |
| Jaipur Lamp Components Private Limited | Previous |
| Jaipur Lamp Components Pvt Ltd | Previous |
Contact details
JLC Electromet Private Limited's registered office is in Jaipur, Rajasthan. Its website is jlcelectromet.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressPlot No 153 A Road No 11 – H Vishwakarma Industrial Area Jaipur, Rajasthan, India – 302012
- IndustryMetals and Minerals, Metal Manufacturing & Processing
To see the full contact details of JLC Electromet 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
Brands
JLC Electromet operates one associated brand: JLC Electromet. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturing and exporting of nickel and specialty alloys in various forms. | jlcelectromet.com |
Business activity
The main business activity of JLC Electromet is manufacturing. In detail, this covers metal and metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products |
To see the full business activity and turnover split of JLC Electromet Private Limited, buy the company report.
Financials of JLC Electromet Private Limited
FY 2024 filings availableJLC Electromet Private Limited reported revenue of ₹640.49 Cr (up 2% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 20% over five years, including 2% growth in the latest year. EBITDA fell 1% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Total Expenses | |||||
| EBITDA | ₹88.84 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹55.75 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 13.9% | ||||
| Net Profit Margin | 8.7% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Receivable Days | |||||
| Payable Days | |||||
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To see the full financial statements and ratios of JLC Electromet Private Limited, buy the company report.
Board of directors of JLC Electromet Private Limited
JLC Electromet has 5 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Naveen Baid Also directs: Electromech Industries LLP, Chitnav Metal LLP, Thermotrol Metals Private Limited and 5 more | Director | 30 Sep 1998 | 28 Years 1 Months | Current |
| Chitra Baid | Director | 01 Apr 2016 | 10 Years 7 Months | Current |
| Tapan Govind Desai | Director | 01 Apr 2016 | 10 Years 7 Months | Current |
| Ratna Kumari Baid Also directs: Thermotrol Metals Private Limited, Fasteners and Forgings Pvt Ltd, Gem Electro Mechanicals Pvt Ltd and 5 more | Director | 27 Sep 1988 | 38 Years 1 Months | Current |
| Kamal Singh Baid Also directs: Electromech Industries LLP, Chitnav Metal LLP, Thermotrol Metals Private Limited and 5 more | Director | 31 Mar 1984 | 42 Years 7 Months | Current |
Peer comparison
JLC Electromet Private Limited is compared with the 7 companies closest to it by revenue in the Metals and Minerals industry (Metals), with the same principal business activity (metal and metal products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Sundaram Alloys Limited | ₹687.2 Cr (FY 2025) | 11.0% | Kolkata, West Bengal, India | |||
| Sree Sumangala Metals and Industries Private Limited | ₹682.33 Cr (FY 2024) | -14.0% | Chennai, Tamil Nadu, India | |||
| Shri Sabhari Metallurgical (India) Limited | ₹681.47 Cr (FY 2025) | 28.0% | Chennai, Tamil Nadu, India | |||
| Western Metal Industries Private Limited | ₹654.92 Cr (FY 2024) | 11.0% | Pune, Maharashtra, India | |||
| JLC Electromet Private Limitedthis company | ₹640.49 Cr (FY 2025) | ₹55.75 Cr | 8.7% | 2.0% | 155 | Jaipur, Rajasthan, India |
| Arfin India Limited | ₹617.71 Cr (FY 2025) | 15.0% | Kalol, Gujarat, India | |||
| KBS Industriies Limited | ₹615.96 Cr (FY 2025) | 15.0% | Delhi, India | |||
| Hira Ferro Alloys Limited | ₹604.28 Cr (FY 2025) | 66.0% | Raipur, Chhattisgarh, India |
To see the full peer comparison of JLC Electromet Private Limited, buy the company report.
Auditor
JLC Electromet Private Limited is audited by Anil Sethi & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Anil Sethi & Associates | FY 2023 | 029217C |
Shareholding
The shareholding of JLC Electromet Private 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 JLC Electromet Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 04 Oct 2019 | 100305471 | Hdfc Bank Limited | ₹11 Cr | Open | |
| 25 Oct 2018 | 100216955 | Hdfc Bank Limited | ₹35 Cr | Open | |
| 13 Aug 1999 | 90066942 | Others | ₹198.8 Cr | Open | |
| 09 Jan 2012 | 10329338 | Bank of Baroda | ₹5.4 Cr | Satisfied | |
| 06 Sep 2006 | 10020024 | Bank of Baroda | ₹16 Cr | Satisfied |
To see the full charge records of JLC Electromet Private Limited, buy the company report.
Total charge records: 9 View all charges
Deals & funding
JLC Electromet Private Limited has 3 deals on record (3 secondary share transfers); the latest was in November 2011.
Deals on record (3 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Nov 2011 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Sep 2010 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Mar 2007 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: 3 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
JLC Electromet Private Limited has 8 court cases on record: 6 filed by JLC Electromet, 2 filed against it. 3 cases are pending and 5 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 5 | 2 | 3 |
| District courts | 3 | 0 | 0 |
Cases on record (5 of 8)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Rajasthan | Writ petition | Filed against the company | Pending |
| High Court of Rajasthan | Court case (CUSTA) | Filed by the company against Commissioner (Appeals) | Pending |
| High Court of Rajasthan | Court case (CUSTA) | Filed by the company against The Commissioner, | Disposed |
| High Court of Rajasthan | Court case (CSTAY) | Filed by the company against The Commissioner, | Disposed |
| District court, Jaipur Metro I, Rajasthan | Cheque dishonour complaint | Filed by the company against Ms Punjab Lighting Ind. Ltd. | Disposed |
To see the full case history of JLC Electromet Private 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
JLC Electromet Private Limited was last rated by Care on 14 Mar 2022.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 14 Mar 2022 |
To see the full credit ratings and regulatory alerts of JLC Electromet Private Limited, buy the company report.
MSME payment delays
JLC Electromet Private Limited has 13 MSME Form 1 returns on record between 2019 and 2024, listing 663 overdue payments to 75 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 75)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Fusion Group | |||
| an individual supplier | |||
| Vinay Associates Distributors Private Limited | |||
| Komal Engineering | |||
| Gem Clad Wires Private Limited |
To see the full MSME payment records of JLC Electromet Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
JLC Electromet Private Limited has a workforce of 155 employees on its EPFO records as of Jul 29, 2024, across 1 active EPFO establishment.
GST
JLC Electromet has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 08AABCJ8786A1ZF | Rajasthan | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of JLC Electromet Private Limited, buy the company report.
Recent activity
JLC Electromet Private Limited has 8 board changes on record since 1984: 5 appointments and 3 cessations. The latest: Kamal Singh Baid ceased to be Director on 31 Mar 2020.
18 earlier events are in the company report.
Frequently asked questions
JLC Electromet is an active private limited company based in Jaipur, Rajasthan, India. The company works in metal manufacturing and processing, within the metals and minerals industry. It was incorporated on 31 March 1984 (42+ years old) and is registered under CIN U27017RJ1984PTC002959.
JLC Electromet has 5 current directors:
- Naveen Baid - Director
- Chitra Baid - Director
- Tapan Govind Desai - Director
- Ratna Kumari Baid - Director
- Kamal Singh Baid - Director
The latest financial statements of JLC Electromet on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of JLC Electromet is 08AABCJ8786A1ZF, registered in Rajasthan.
The CIN (Corporate Identification Number) of JLC Electromet is U27017RJ1984PTC002959. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
JLC Electromet has 8 court cases on record: 6 filed by the company and 2 filed against it. 3 are pending. Most are in the high courts.
JLC Electromet was incorporated on 31 March 1984, making it 42+ years old. It is registered with the Registrar of Companies, Jaipur.
JLC Electromet has 3 deals on record (3 secondary share transfers); the latest was in November 2011.
The peers of JLC Electromet by revenue are Sundaram Alloys Limited, Sree Sumangala Metals and Industries Private Limited, Shri Sabhari Metallurgical (India) Limited, Western Metal Industries Private Limited, Arfin India Limited and 2 more, all in the Metals and Minerals industry (Metals), with the same principal business activity (metal and metal products).
Kamal Singh Baid ceased to be Director on 31 Mar 2020. Naveen Baid ceased to be Director on 31 Mar 2020. Ratna Kumari Baid ceased to be Director on 31 Mar 2020. JLC Electromet has 8 board changes on record in total.
JLC Electromet has 13 MSME Form 1 returns on record between 2019 and 2024, listing 663 overdue payments to 75 micro and small suppliers. The latest return was filed on 27 Apr 2024.
JLC Electromet can be reached through the website jlcelectromet.com. Its registered office is in Jaipur, Rajasthan, India.
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