MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-TN-08-0041553
Current Electricals Limited - energy and power in Chennai, Tamil Nadu, India. FY 2026 financials & compliance.
Revenue · FY 2022
₹1.97 Lakh
▼ 94% YoY
Net loss · FY 2022
₹31.88 Lakh
Latest filing
EBITDA · FY 2022
-₹30.18 Lakh
Latest filing
Authorised capital
₹5.5 Cr
Registered with MCA
Paid-up capital
₹3.51 Cr
Issued & subscribed
Open charges
₹18.75 Cr
Secured borrowings
Company age
54 yrs
Est. 1972
Employees · EPFO
31
Provident fund records
About Current Electricals Limited
Data last updated:
Current Electricals Limited is a public limited company based in Chennai, Tamil Nadu, India. It operates in the power equipment manufacturers segment of the energy and power sector. It was incorporated on 24 November 1972 and has been in existence for over 54 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U31901TN1972PLC006253. The company has 2 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹5.5 Cr and a paid-up capital of ₹3.51 Cr. It was formerly known as Current Electricals P Limited. It is led by directors including Ketan Chhotalal Bagadia (Managing Director) and Hiren Mahendra Botadra (Whole-Time Director).
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at Survey No.184/2 & 213 Thirumudivakkam Village (Near SIDCO), Chennai, Tamil Nadu, India – 600044.
As per the financials filed for FY 2022, the company reported a revenue of ₹1.97 Lakh, a decline of 94% compared to the previous year. For the same year it recorded a net loss of ₹31.88 Lakh and EBITDA of -₹30.18 Lakh. Revenue has declined at a compounded annual rate (CAGR) of 89% over three years and 75% over five years.
The company has about 31 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹18.75 Cr on record. Court records list 53 cases involving the company, including 20 filed by the company and 33 filed against it; 14 cases are pending.
Current Electricals Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-08-0041553). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website nesl.in.
Company details
CIN U31901TN1972PLC006253
Registration Number 006253
Incorporation Date 24 November 1972
ROC Chennai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2022
Date of Balance Sheet 31 March 2022
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-TN-08-0041553
Key People
Ketan Chhotalal Bagadia Managing Director Hiren Mahendra Botadra Whole-Time Director Ramaswamy Srinivasan Additional Director Recognitions & Rankings of Current Electricals
Contact details
Current Electricals Limited's registered office is in Chennai, Tamil Nadu. Its website is nesl.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressSurvey No.184/2 & 213 Thirumudivakkam Village (Near SIDCO), Chennai, Tamil Nadu, India – 600044
- IndustryEnergy and Power, Power Equipment Manufacturers
To see the full contact details of Current Electricals Limited, buy the company report.
Comprehensive company report
Current Electricals Limited - one report that includes everything
- 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business activity
The main business activity of Current Electricals 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 |
Financials of Current Electricals Limited
FY 2022 filings availableCurrent Electricals Limited reported revenue of ₹1.97 Lakh (down 94% YoY) for FY 2022.
Revenue · FY 2022
₹1.97 Lakh ▼ 94%
Net loss · FY 2022
₹31.88 Lakh
EBITDA · FY 2022
-₹30.18 Lakh
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 94%
3 years · compounded
▼ 89%
5 years · compounded
▼ 75%
EBITDA CAGR growth
1 year
▲ 18%
3 years · compounded
▲ 47%
5 years · compounded
▼ 16%
Revenue has declined at a compounded annual rate (CAGR) of 75% over five years, including a 94% fall in the latest year. EBITDA rose 18% 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹1.97 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹30.18 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹31.88 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | |||||
| Net Profit Margin | |||||
| 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 Current Electricals Limited, buy the company report.
Board of directors of Current Electricals Limited
Current Electricals has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ramaswamy Srinivasan | Additional Director | 24 Jul 2020 | 6 Years 3 Months | Current |
| Hiren Mahendra Botadra Also directs: Current Power Equipments Private Limited | Whole-Time Director | 01 Dec 2003 | 22 Years 10 Months | Current |
| Ketan Chhotalal Bagadia Also directs: Nexus Finvest Private Limited | Managing Director | 01 Dec 2003 | 22 Years 10 Months | Current |
Auditor
Current Electricals Limited is audited by K.R.CHAUHAN & COMPANY for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| K.R.CHAUHAN & COMPANY | FY 2022 | 006663S |
Shareholding
The shareholding of Current Electricals Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Current Electricals Limited, buy the company report.
Charges & borrowings
Open charges
₹18.75 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 20 Dec 2017 | 100183098 | Canara Bank | ₹10 Cr | Open | |
| 28 Dec 2006 | 10037775 | Axis Bank Limited | ₹8.75 Cr | Open |
To see the full charge records of Current Electricals Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Current Electricals Limited has 53 court cases on record: 20 filed by Current Electricals, 33 filed against it. 14 cases are pending and 39 are disposed.
Total cases
53
Filed by the company
20
Filed against the company
33
Pending
14
Disposed
39
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 36 | 20 | 10 |
| District courts | 13 | 13 | 4 |
| NCLAT | 4 | 0 | 0 |
Cases on record (5 of 53)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summons Private cases SS) | Filed against the company by Columbia Petro Chem Pvt Ltd | Pending |
| District court, Gurugram, Haryana | Cheque dishonour complaint | Filed against the company by Indiabulls Consumer Finance Ltd. | Pending |
| District court, South East, Delhi | Criminal case | Filed against the company by NLMK India Service Center Pvt Ltd | Pending |
| High Court, TAMIL NADU | Interim or miscellaneous application | Filed by the company against Emmess Control Pvt Ltd and 16 others | Pending |
| District court, Faridabad, Haryana | Commercial suit | Filed against the company by Dhani Loans and Services Ltd | Disposed |
To see the full case history of Current Electricals 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 Current Electricals Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Current Electricals Limited has a workforce of 31 employees on its EPFO records as of Oct 10, 2025, across 1 active EPFO establishment.
Employee count
31
Active EPFO establishments
1
Employee growth
-6.06%
GST
Current Electricals has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
Total GSTINs
2
Cancelled / inactive
2
To see the full GST registrations and return filing status of Current Electricals Limited, buy the company report.
Recent activity
Current Electricals Limited has 4 board changes on record since 2003: 3 appointments and 1 cessation. The latest: Ramaswamy Srinivasan was appointed as Additional Director on 24 Jul 2020.
AGM
Current Electricals Limited last Annual general meeting of members was held on 30 Sep 2022 as per latest MCA records.
Filing
Current Electricals Limited has filed its annual Financial statements for the year ended 31 Mar 2022 with Roc Chennai.
Appointed
Ramaswamy Srinivasan was appointed as Additional Director.
Ceased
Saravanan Manoharan ceased to be Whole-Time Director.
Charges
A charge with Canara Bank amounted to Rs. 10.00 Cr with Charge ID 100183098 was registered on 20 Dec 2017.
Charges
A charge with Axis Bank Limited of Rs. 8.75 Cr registered on 28 Dec 2006 with Charge ID 10037775 was modified on 26 Mar 2009.
Charges
A charge with Axis Bank Limited amounted to Rs. 8.75 Cr with Charge ID 10037775 was registered on 28 Dec 2006.
Appointed
Hiren Mahendra Botadra was appointed as Whole-Time Director.
Appointed
Ketan Chhotalal Bagadia was appointed as Managing Director.
Incorporation
24 Nov 1972
Current Electricals Limited was registered on 24 Nov 1972 with Roc Chennai & aged 53 years 11 months as per MCA records.
Frequently asked questions
Current Electricals is an active public limited company based in Chennai, Tamil Nadu, India. The company works in power equipment manufacturers, within the energy and power industry. It was incorporated on 24 November 1972 (54+ years old) and is registered under CIN U31901TN1972PLC006253.
Current Electricals has 3 current directors:
- Ketan Chhotalal Bagadia - Managing Director
- Hiren Mahendra Botadra - Whole-Time Director
- Ramaswamy Srinivasan - Additional Director
The latest financial statements of Current Electricals on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from 2015 are in the company report.
No. Current Electricals has 2 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of Current Electricals is U31901TN1972PLC006253. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Current Electricals has 53 court cases on record: 20 filed by the company and 33 filed against it. 14 are pending. Most are in the high courts.
Current Electricals was incorporated on 24 November 1972, making it 54+ years old. It is registered with the Registrar of Companies, Chennai.
Ramaswamy Srinivasan was appointed as Additional Director on 24 Jul 2020. Saravanan Manoharan ceased to be Whole-Time Director on 24 Jul 2020. Hiren Mahendra Botadra was appointed as Whole-Time Director on 01 Dec 2003. Current Electricals has 4 board changes on record in total.
Yes, Current Electricals is registered as a micro enterprise under Udyam registration (number: UDYAM-TN-08-0041553).
Current Electricals can be reached through the website nesl.in. Its registered office is in Chennai, Tamil Nadu, India.