- Category
- Small (2023-24)
- Udyam number
- UDYAM-KL-08-0004724

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
Recognitions & Rankings of Orion Accumulators
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
- Website
- Social Media
- Registered Address11/175/A Po Peruvayal, Kozhikode, Kerala, India – 673008
- IndustryEnergy and Power, Power Equipment Manufacturers
To see the full contact details of Orion Accumulators 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 Orion Accumulators 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 |
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 availableOrion Accumulators Private Limited reported revenue of ₹6.51 Cr (down 41% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | -₹14.84 Lakh | ||||
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| Net Profit (PAT) | -₹44.9 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -2.3% | ||||
| Net Profit Margin | -6.9% | ||||
| Return on Equity (ROE) | |||||
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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.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mada Parambil Souhredh | Director | 25 Nov 2020 | 5 Years 10 Months | Current |
| Mada Parambil Akash | Managing Director | 25 Mar 2019 | 7 Years 6 Months | Current |
| Babu Madaparambil Also directs: Constellation Power Solutions Private Limited | Director | 17 Mar 2004 | 22 Years 7 Months | Current |
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.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| 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 Limited this 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 firm | Financial year | Firm registration number |
|---|---|---|
| AYYAR & CHERIAN | FY 2023 | 000284S |
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 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 Orion Accumulators Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 14 Sep 2023 | 100789177 | Others | ₹57 Lakh | Open | |
| 20 Dec 2022 | 100664908 | Others | ₹16.82 Cr | Open | |
| 09 Feb 2022 | 100541968 | Others | ₹3.5 Cr | Open | |
| 21 Oct 2020 | 100389991 | Hdfc Bank Limited | ₹13.95 Lakh | Open | |
| 19 Mar 2021 | 100430445 | Axis Bank Limited | ₹1.5 Cr | Satisfied |
To see the full charge records of Orion Accumulators Private Limited, buy the company report.
Total charge records: 7 View all charges
Legal cases
Orion Accumulators Private Limited has 3 court cases on record: 3 filed by Orion Accumulators. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 3 | 0 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court | Writ petition | Filed by the company against individuals | Disposed |
| High Court | Writ petition | Filed by the company against The Convener, Single Window Clearance Board and 3 others | Disposed |
| High Court | Writ petition | Filed by the company against an individual | Disposed |
To see the full case history of Orion Accumulators 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.
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.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 32AABCO7379L1Z1 | Kerala | Active | 21 Feb 2018 |
| 32AABCO7379L2Z0 | Kerala | Active | 16 Dec 2022 |
| 32AABCO7379L3ZZ | Kerala | Active | 08 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.
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:
- Mada Parambil Akash - Managing Director
- Mada Parambil Souhredh - Director
- Babu Madaparambil - Director
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.