About Unilec Engineers Limited
Data last updated:
Unilec Engineers Limited is a public limited company based in New Delhi, Delhi, India. The company is currently undergoing Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency professional. It operates in the power equipment manufacturers segment of the energy and power sector. It was incorporated on 27 December 1993.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U74899DL1993PLC056633. Its GSTIN is 06AAACU1223A1Z7 (Haryana). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹1.5 Cr and a paid-up capital of ₹1.37 Cr. It was formerly known as Unilec Engineers Private Limited. It is led by directors including Navita Airy and Mithlesh Airy.
Its last annual general meeting (AGM) was held on 30 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office is at II/114 Sadar Bazar Delhi Cantt, New Delhi, Delhi, India – 110010.
As per the financials filed for FY 2018, the company reported a revenue of ₹61.73 Cr, a decline of 6% compared to the previous year. For the same year it recorded a net profit of ₹22.23 Lakh (net margin 0.4%) and EBITDA of ₹4.67 Cr (EBITDA margin 7.6%). Revenue has grown at a compounded annual rate (CAGR) of 22% over three years.
The company has about 66 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹23.82 Cr and satisfied charges of ₹34.73 Cr on record. Court records list 181 cases involving the company, including 28 filed by the company and 154 filed against it; 62 cases are pending.
The last known website on record is unilec.net.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressII/114 Sadar Bazar Delhi Cantt, New Delhi, Delhi, India – 110010
- IndustryEnergy and Power, Power Equipment Manufacturers
- 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
- One PDF report, delivered after checkout
Business Activity of Unilec Engineers Limited
The main business activity of Unilec Engineers is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Unilec Engineers Limited FY 2018 filings available
Unilec Engineers Limited reported revenue of ₹61.73 Cr (down 6% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR) of Unilec Engineers Limited
Revenue fell 6% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 22%. EBITDA fell 13% 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 of Unilec Engineers Limited
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• |
| Total Revenue | ₹61.73 Cr | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• |
| EBITDA | ₹4.67 Cr | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹22.23 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 of Unilec Engineers Limited
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 7.6% | •••• | •••• | •••• |
| Net Profit Margin | 0.4% | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Unilec Engineers are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Board of Directors of Unilec Engineers Limited
Unilec Engineers has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Navita Airy | Director | 09 Feb 2004 | 22 Years 8 Months | As last reported |
| Mithlesh Airy Also directs: Iceport Refrigeration Pvt. Ltd. | Director | 09 Feb 2004 | 22 Years 8 Months | As last reported |
| Amit Airy Also directs: Iceport Refrigeration Pvt. Ltd. | Director | 09 Feb 2004 | 22 Years 8 Months | As last reported |
Peer Comparison of Unilec Engineers Limited
Unilec Engineers Limited is compared with the companies closest to it by revenue in the Power industry (Power Equipment Manufacturers). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Anushree Electrical Engineers Private Limited | ₹62.12 Cr (FY 2024) | •••• | •••• | 49.0% | •••• | Meerut, Uttar Pradesh, India |
| Ngef (Hubli) Limited | ₹62.11 Cr (FY 2022) | •••• | •••• | -53.0% | •••• | Dharwad, Karnataka, India |
| Dri India Relays Private Limited | ₹62.09 Cr (FY 2025) | •••• | •••• | -19.0% | •••• | Bengaluru, Karnataka, India |
| Sirius Solar Energy Systems Private Limited | ₹61.99 Cr (FY 2025) | •••• | •••• | 7.0% | •••• | Hyderabad, Telangana, India |
| Akshaya Solar Power (India) Private Limited | ₹61.9 Cr (FY 2024) | •••• | •••• | -16.0% | •••• | Hyderabad, Telangana, India |
| Unilec Engineers Limited this company | ₹61.73 Cr (FY 2018) | •••• | •••• | -6.0% | •••• | New Delhi, Delhi, India |
| Load Controls India Private Limited | ₹61.54 Cr (FY 2025) | •••• | •••• | 69.0% | •••• | Bangalore, Karnataka, India |
| Concipio Power Private Limited | ₹61.4 Cr (FY 2023) | •••• | •••• | 98.0% | •••• | Hyderabad, Telangana, India |
| Ace Electrical Equipments (India) Private Limited | ₹61.38 Cr (FY 2024) | •••• | •••• | 26.0% | •••• | Hosur, Tamil Nadu, India |
| Jayachandran Industries Private Limited | ₹61.3 Cr (FY 2024) | •••• | •••• | -22.0% | •••• | Annur, Tamil Nadu, India |
| Aeon Telectronics Private Limited | ₹61.28 Cr (FY 2024) | •••• | •••• | 7.0% | •••• | Bangalore, Karnataka, India |
Peers are the five companies nearest above and the five nearest below Unilec Engineers by revenue in the Power industry (Power Equipment Manufacturers), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Unilec Engineers Limited
Unilec Engineers Limited is audited by RAKESH P L MALHOTRA & CO for the financial year 2018.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| RAKESH P L MALHOTRA & CO | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Unilec Engineers Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Unilec Engineers Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 08 Feb 2012 | State Bank of India | ₹18.82 Cr | Open |
| 08 Feb 2012 | State Bank of India | ₹5 Cr | Open |
| 03 Mar 2009 | Hdfc Bank Limited | ₹50 Lakh | Satisfied |
| 25 Jun 2007 | Hdfc Bank Limited | ₹16.35 Cr | Satisfied |
| 25 Jun 2007 | Hdfc Bank Limited | ₹10.25 Cr | Satisfied |
Total charge records: 10 View all charges
Legal Cases of Unilec Engineers Limited
Unilec Engineers Limited has 181 court cases on record: 28 filed by Unilec Engineers, 154 filed against it. 62 cases are pending and 119 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 165 | 146 | 60 |
| High courts | 13 | 5 | 2 |
| NCLT | 2 | 2 | 0 |
| NCLAT | 1 | 1 | 0 |
Cases on record (5 of 181)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Delhi | Court case (RFA(OS)(COMM)) | Filed against the company by Leo Ispat Ltd. | Pending |
| District court, Central, Delhi | Court case (EX CRL) | Filed against the company by Kiran Roadways Pvt Ltd | Pending |
| District court, New Delhi, Delhi | Execution petition | Filed against the company by Leo Ispat Ltd | Pending |
| District court, New Delhi, Delhi | Execution petition | Filed against the company by M/S Trinity Touch | Pending |
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Iifl Finance Limited | Pending |
Full case history
All 181 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Employees and EPFO Compliance at Unilec Engineers Limited
Employment history and EPFO contributions of people linked to Unilec Engineers.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Unilec Engineers Limited
Unilec Engineers Limited has 4 board changes on record since 2004: 3 appointments and 1 cessation. The latest: Bharat Bhushan Airy ceased to be Director on 31 Mar 2017.
17 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Unilec Engineers Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Unilec Engineers Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Unilec Engineers Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Unilec Engineers Limited
Unilec Engineers has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 06AAACU1223A1Z7 | Haryana | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Unilec Engineers Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Unilec Engineers Limited
Unilec Engineers is undergoing "Corporate Insolvency Resolution Process" (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency resolution professional. The company may not be able to independently enter into new commitments during this period. This is a high-risk status - verify the resolution status before any engagement.
Unilec Engineers is a company under insolvency, formerly operating as a public limited company based in New Delhi, Delhi, India. The company works in power equipment manufacturers, within the energy and power industry. It was incorporated on 27 December 1993 and is registered under CIN U74899DL1993PLC056633. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Unilec Engineers reported revenue of ₹61.73 Cr for FY 2018 (down 6% YoY).
Unilec Engineers has 3 current directors:
- Navita Airy - Director
- Mithlesh Airy - Director
- Amit Airy - Director
Unilec Engineers reported a net profit of ₹22.23 Lakh (net margin 0.4%) and EBITDA of ₹4.67 Cr (EBITDA margin 7.6%) for FY 2018, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Unilec Engineers is 22% over three years. In the latest year (FY 2018) revenue fell 6%. CAGR is the steady yearly rate that links the first and the last year.
The CIN (Corporate Identification Number) of Unilec Engineers is U74899DL1993PLC056633. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Unilec Engineers has open charges of ₹23.82 Cr and satisfied charges of ₹34.73 Cr as per latest MCA filings.
Unilec Engineers has 181 court cases on record: 28 filed by the company and 154 filed against it. 62 are pending. Most are in the district courts.
Unilec Engineers was incorporated on 27 December 1993. It is registered with the Registrar of Companies, Delhi.
The peers of Unilec Engineers by revenue are Anushree Electrical Engineers Private Limited, Ngef (Hubli) Limited, Dri India Relays Private Limited, Sirius Solar Energy Systems Private Limited, Akshaya Solar Power (India) Private Limited and 5 more, all in the Power industry (Power Equipment Manufacturers).