Orion Accumulators Private Limited

Orion Accumulators Private Limited - energy and power in Kozhikode, Kerala, India. FY 2026 financials & compliance.
CIN U31401KL2004PTC016957 Incorporated 17 March 2004 ROC Ernakulam HQ Kozhikode, Kerala, India
Active Private Limited Company energy and power MSME · Small
Data last updated
Revenue · FY 2024
₹6.51 Cr
▼ 41% YoY
Net loss · FY 2024
₹44.9 Lakh
Net margin -6.9%
EBITDA · FY 2024
-₹14.84 Lakh
EBITDA margin -2.3%
Authorised capital
₹1.1 Cr
Registered with MCA
Paid-up capital
₹1.01 Cr
Issued & subscribed
Open charges
₹21.03 Cr
Satisfied ₹5.95 Cr
Company age
22 yrs
Est. 2004
Directors on board
3
As per MCA filings

About Orion Accumulators Private Limited

Data last updated:

Orion Accumulators Private Limited is a private limited company based in Kozhikode, Kerala, India. It operates in the power equipment manufacturers segment of the energy and power sector. It was incorporated on 17 March 2004 and has been in existence for over 22 years.

The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN U31401KL2004PTC016957. Its GSTIN is 32AABCO7379L1Z1 (Kerala). The company holds 3 GST registrations, all of them active.

The company has an authorised share capital of ₹1.1 Cr and a paid-up capital of ₹1.01 Cr. It is led by directors including Mada Parambil Akash (Managing Director) and Mada Parambil Souhredh.

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 11/175/A Po Peruvayal, Kozhikode, Kerala, India – 673008.

As per the financials filed for FY 2024, the company reported a revenue of ₹6.51 Cr, a decline of 41% compared to the previous year. For the same year it recorded a net loss of ₹44.9 Lakh (net margin -6.9%) and EBITDA of -₹14.84 Lakh (EBITDA margin -2.3%). Revenue has declined at a compounded annual rate (CAGR) of 19% over three years.

As per MCA filings, the company has open charges of ₹21.03 Cr and satisfied charges of ₹5.95 Cr on record. Court records list 3 cases involving the company, including 3 filed by the company.

Orion Accumulators Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-KL-08-0004724). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website orioncells.com.

Company details

CIN U31401KL2004PTC016957
Registration Number 016957
Incorporation Date 17 March 2004
ROC Ernakulam
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-KL-08-0004724

Recognitions & Rankings of Orion Accumulators

MSME (Udyam registered) Ministry of MSME
Category
Small (2023-24)
Udyam number
UDYAM-KL-08-0004724

Contact details

Orion Accumulators Private Limited's registered office is in Kozhikode, Kerala. Its website is orioncells.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Social Media
  • Registered Address
    11/175/A Po Peruvayal, Kozhikode, Kerala, India – 673008
  • Industry
    Energy and Power, Power Equipment Manufacturers

To see the full contact details of Orion Accumulators Private Limited, buy the company report.

Comprehensive company report
Orion Accumulators Private 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
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Business activity

The main business activity of Orion Accumulators is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC10Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment

To see the full business activity and turnover split of Orion Accumulators Private Limited, buy the company report.

Financials of Orion Accumulators Private Limited

FY 2024 filings available

Orion Accumulators Private Limited reported revenue of ₹6.51 Cr (down 41% YoY) for FY 2024.

Revenue · FY 2024
₹6.51 Cr ▼ 41%
Net loss · FY 2024
₹44.9 Lakh margin -6.9%
EBITDA · FY 2024
-₹14.84 Lakh margin -2.3%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 41%
3 years · compounded
▼ 19%
EBITDA CAGR growth
1 year
▲ 50%
3 years · compounded
▼ 33%
5 years · compounded
▼ 43%

Revenue has declined at a compounded annual rate (CAGR) of 19% over three years, including a 41% fall in the latest year. EBITDA rose 50% 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA-₹14.84 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹44.9 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin-2.3%
Net Profit Margin-6.9%
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 Orion Accumulators Private Limited, buy the company report.

Board of directors of Orion Accumulators Private Limited

Orion Accumulators has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Mada Parambil SouhredhDirector25 Nov 20205 Years 10 MonthsCurrent
Mada Parambil AkashManaging Director25 Mar 20197 Years 6 MonthsCurrent
Babu MadaparambilDirector17 Mar 200422 Years 7 MonthsCurrent

Peer comparison

Orion Accumulators Private Limited is compared with the 3 companies closest to it by revenue in the Power industry (Power Equipment Manufacturers), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Various Technologies Private Limited₹6.53 Cr (FY 2025)6.0%Pune, Maharashtra, India
K Dhandapani & Company (Chennai) Private Limited₹6.52 Cr (FY 2024)28.0%Chennai, Tamil Nadu, India
Orion Accumulators Private Limitedthis company₹6.51 Cr (FY 2024)-₹44.9 Lakh-6.9%-41.0%Kozhikode, Kerala, India
Treffer Power System Solution Private Limited₹6.5 Cr (FY 2024)-33.0%Pune, Maharashtra, India

To see the full peer comparison of Orion Accumulators Private Limited, buy the company report.

Auditor

Orion Accumulators Private Limited is audited by AYYAR & CHERIAN for the financial year 2023.

Auditor firmFinancial yearFirm registration number
AYYAR & CHERIANFY 2023000284S

Shareholding

The shareholding of Orion Accumulators 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 categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Orion Accumulators Private Limited, buy the company report.

Charges & borrowings

Open charges
₹21.03 Cr
Satisfied charges
₹5.95 Cr
Breakdown by lending institutions
Others₹20.89 Cr
Hdfc Bank Limited₹0.14 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
14 Sep 2023100789177Others₹57 LakhOpen
20 Dec 2022100664908Others₹16.82 CrOpen
09 Feb 2022100541968Others₹3.5 CrOpen
21 Oct 2020100389991Hdfc Bank Limited₹13.95 LakhOpen
19 Mar 2021100430445Axis Bank Limited₹1.5 CrSatisfied

To see the full charge records of Orion Accumulators Private Limited, buy the company report.

Total charge records: 7 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Orion Accumulators Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Orion Accumulators has 3 GST registrations: 3 active.

Total GSTINs
3
Active
3
GSTINStateStatusRegistered on
32AABCO7379L1Z1KeralaActive21 Feb 2018
32AABCO7379L2Z0KeralaActive16 Dec 2022
32AABCO7379L3ZZKeralaActive08 Feb 2023

To see the full GST registrations and return filing status of Orion Accumulators Private Limited, buy the company report.

Recent activity

Orion Accumulators Private Limited has 7 board changes on record since 2004: 3 appointments and 4 cessations. The latest: Babu Madaparambil ceased to be Managing Director on 15 Dec 2021.

Charges
A charge with Others of Rs. 16.82 Cr registered on 20 Dec 2022 with Charge ID 100664908 was modified on 26 May 2025.
AGM
Orion Accumulators Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Orion Accumulators Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ernakulam.
Charges
A charge with Others amounted to Rs. 0.57 Cr with Charge ID 100789177 was registered on 14 Sep 2023.
Charges
A charge with Others amounted to Rs. 16.82 Cr with Charge ID 100664908 was registered on 20 Dec 2022.
Charges
A charge registered on 19 Mar 2021 via Charge ID 100430445 with Axis Bank Limited was fully satisfied on 19 Feb 2022.
Charges
A charge with Others amounted to Rs. 3.50 Cr with Charge ID 100541968 was registered on 09 Feb 2022.
Ceased
Babu Madaparambil ceased to be Managing Director.
Ceased
Mada Parambil Akash ceased to be Director.
Charges
A charge registered on 14 May 2015 via Charge ID 10573264 with Kerala Financial Corporation was fully satisfied on 12 Aug 2021.
Charges
A charge with Axis Bank Limited amounted to Rs. 1.50 Cr with Charge ID 100430445 was registered on 19 Mar 2021.
Appointed
Mada Parambil Souhredh was appointed as Director.

9 earlier events are in the company report.

Frequently asked questions

Orion Accumulators is an active private limited company based in Kozhikode, Kerala, India. The company works in power equipment manufacturers, within the energy and power industry. It was incorporated on 17 March 2004 (22+ years old) and is registered under CIN U31401KL2004PTC016957.

Orion Accumulators has 3 current directors:

The latest financial statements of Orion Accumulators 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 Orion Accumulators is 32AABCO7379L1Z1, registered in Kerala. The company has 3 GST registrations in all, of which 3 are active. Other active GSTINs include 32AABCO7379L2Z0 (Kerala), 32AABCO7379L3ZZ (Kerala).

The CIN (Corporate Identification Number) of Orion Accumulators is U31401KL2004PTC016957. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Orion Accumulators has 3 court cases on record: 3 filed by the company.

Orion Accumulators was incorporated on 17 March 2004, making it 22+ years old. It is registered with the Registrar of Companies, Ernakulam.

The peers of Orion Accumulators by revenue are Various Technologies Private Limited, K Dhandapani & Company (Chennai) Private Limited, Treffer Power System Solution Private Limited, all in the Power industry (Power Equipment Manufacturers), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment).

Babu Madaparambil ceased to be Managing Director on 15 Dec 2021. Mada Parambil Akash ceased to be Director on 15 Dec 2021. Mada Parambil Souhredh was appointed as Director on 25 Nov 2020. Orion Accumulators has 7 board changes on record in total.

Yes, Orion Accumulators is registered as a small enterprise under Udyam registration (number: UDYAM-KL-08-0004724).

Orion Accumulators can be reached through the website orioncells.com. Its registered office is in Kozhikode, Kerala, India.