Ornet Transformers LLP
About Ornet Transformers LLP
Data last updated:
Ornet Transformers LLP was a limited liability partnership (LLP) based in Ahmedabad, Gujarat, India. The LLP has been converted into a company and no longer exists as an LLP. For the latest details, refer to the successor company. It operated in the power equipment manufacturers segment of the energy and power sector. It was incorporated on 29 May 2013.
The LLP was registered with the Registrar of Companies (ROC), Ahmedabad, under LLPIN AAB-5551. The LLP has 1 GST registration on record, which is no longer active.
The LLP had a total obligation of contribution of ₹1 Lakh. It was led by designated partners including Sharadkumar Govindlal Patel and Jignesh Govindbhai Patel.
Its latest statement of accounts is for the year ended 31 March 2021. The registered office was at 21 Sima Co Op H Soc Ltd Nr. St. Xaviers High School Navrangpura, Ahmedabad, Gujarat, India – 380009.
As per the financials filed for FY 2021, the LLP reported a revenue of ₹34.25 Cr, a decline of 17% compared to the previous year. For the same year it recorded a net profit of ₹15.58 Lakh (net margin 0.5%) and EBITDA of ₹1.61 Cr (EBITDA margin 4.7%). Revenue has grown at a compounded annual rate (CAGR) of 23% over three years and 101% over five years.
The LLP has about 72 employees on its provident fund (EPFO) records.
As per MCA filings, the LLP has open charges of ₹38.11 Cr on record.
Company details
Contact details
Ornet Transformers LLP's registered office is in Ahmedabad, Gujarat. Its e-mail address is in the company report.
- Email
- Registered Address21 Sima Co Op H Soc Ltd Nr. St. Xaviers High School Navrangpura, Ahmedabad, Gujarat, India – 380009
- IndustryEnergy and Power, Power Equipment Manufacturers
To see the full contact details of Ornet Transformers LLP, 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
Financials of Ornet Transformers LLP
FY 2021 filings availableOrnet Transformers LLP reported revenue of ₹34.25 Cr (down 17% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue fell 17% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 101%. EBITDA fell 46% 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
| Statement of Account and Solvency | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Income and Expenditure | |||||
| Turnover | |||||
| Other Income | |||||
| Total Income | ₹34.25 Cr | ||||
| Purchases and Direct Costs | |||||
| Personnel Expenses | |||||
| Administrative Expenses | |||||
| Interest | |||||
| Depreciation | |||||
| Total Expenses | |||||
| Profit Before Tax | |||||
| Tax | |||||
| Profit After Tax | ₹15.58 Lakh | ||||
| Profit Transferred to Partners | |||||
| Assets and Liabilities | |||||
| Partners' Contribution | |||||
| Reserves and Surplus | |||||
| Secured Loans | |||||
| Unsecured Loans | |||||
| Trade Payables | |||||
| Other Liabilities and Provisions | |||||
| Total Liabilities | |||||
| Fixed Assets | |||||
| Investments | |||||
| Loans and Advances | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Statement of Account and Solvency | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| Net Profit Margin | 0.5% | ||||
| Return on Partners' Funds | |||||
| Return on Assets | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Debt to Partners' Funds | |||||
| Interest Coverage | |||||
| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Turnover Growth | |||||
| Profit Growth | |||||
To see the full financial statements and ratios of Ornet Transformers LLP, buy the company report.
Designated partners of Ornet Transformers LLP
Ornet Transformers has 5 designated partners on record. No former designated partners are listed.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 15 Mar 2023 | L-100698282 | Icici Bank Limited | ₹20 Cr | Open | |
| 05 Sep 2018 | L-100217363 | Union Bank of India Limited | ₹18.11 Cr | Open |
To see the full charge records of Ornet Transformers LLP, buy the company report.
Total charge records: 2 View all charges
Legal cases
No court or tribunal cases involving Ornet Transformers LLP are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Ornet Transformers LLP; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Ornet Transformers LLP has a workforce of 72 employees on its EPFO records as of Dec 06, 2024, across 1 active EPFO establishment.
GST
Ornet Transformers has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Ornet Transformers LLP, buy the company report.
Recent activity
Ornet Transformers LLP has 5 designated partner changes on record since 2013: 5 appointments. The latest: Dinesh Jasraj Jain was appointed as Designated Partner on 29 May 2013.
Frequently asked questions
Ornet Transformers has been converted into a company - the business changed its legal structure from a Limited Liability Partnership to a company. The LLP no longer exists in its previous form. For the latest information, refer to the successor company registered with MCA.
Ornet Transformers was a limited liability partnership based in Ahmedabad, Gujarat, India. The LLP worked in power equipment manufacturers, within the energy and power industry. It was incorporated on 29 May 2013 and is registered under LLPIN AAB-5551. For the latest details, refer to the successor company.
The LLPIN (Limited Liability Partnership Identification Number) of Ornet Transformers is AAB-5551. It is issued by the Ministry of Corporate Affairs and uniquely identifies the LLP in India.
Ornet Transformers had 5 designated partners:
- Sharadkumar Govindlal Patel - Designated Partner
- Jignesh Govindbhai Patel - Designated Partner
- Vivek Lalitkumar Jain - Designated Partner
- Prakashchand Munnalal Jain - Designated Partner
- Dinesh Jasraj Jain - Designated Partner
Ornet Transformers was incorporated on 29 May 2013. It is registered with the Registrar of Companies, Ahmedabad.
The registered office of Ornet Transformers is at 21 Sima Co Op H Soc Ltd Nr. St. Xaviers High School Navrangpura, Ahmedabad, Gujarat, India – 380009.
The latest financial statements of Ornet Transformers on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 31 March 2023. Year-wise statements from 2015 are in the company report.
No. Ornet Transformers has 1 GST registration on record and it is cancelled or inactive.
Ornet Transformers operated in the energy and power industry, in the power equipment manufacturers segment.
Dinesh Jasraj Jain was appointed as Designated Partner on 29 May 2013. Jignesh Govindbhai Patel was appointed as Designated Partner on 29 May 2013. Prakashchand Munnalal Jain was appointed as Designated Partner on 29 May 2013. Ornet Transformers has 5 designated partner changes on record in total.