Prashant Electricals Limited

Manufactures electronic equipment such as AC drive panels and control desks for various clients.

2012 | Thane, Maharashtra (India) | Active
Last Updated:

Prashant Electricals Profile

Key Indicators

  • Authorised Capital ₹ 4.10 Cr
  • Paid Up Capital ₹ 1.66 M
  • Company Age 13 Year, 2 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 3.00 Cr
  • Satisfied Charges ₹ 3.39 Cr
  • Revenue Growth 6.45%
  • Profit Growth 29.34%
  • Ebitda 180.86%
  • Net Worth 22.91%
  • Total Assets 13.50%

About Prashant Electricals

Prashant Electricals Limited (PEL) is a leading Public Limited Indian Non-Government Company incorporated in India on 27 March 2012 and has a history of 13 years and two months. Its registered office is in Thane, Maharashtra, India.

The Company is engaged in the Consumer Electronics & Durables Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 4.10 Cr and a paid-up capital of Rs 1.66 M.

The company currently has active open charges totaling ₹3.00 Cr. The company has closed loans amounting to ₹3.39 Cr, as per Ministry of Corporate Affairs (MCA) records.

Padma Nair, Prashant Nair, Premanand Gurithikavil, and Two other members serve as directors at the Company.

Company Details

  • Location

    Thane, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U31401MH2012PLC228735

  • Company No.

    228735

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    27 Mar 2012

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Consumer Electronics & Durables

What products or services does Prashant Electricals Limited offer?

Prashant Electricals Limited offers a wide range of products and services, including VFD, PLC, HMI & Control Equipments, Industrial Automation Systems.

Company report

Prashant Electricals Limited

Explore comprehensive data for Prashant Electricals Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Prashant Electricals?

Board Members (5)

NameDesignationAppointment DateStatus
Prashant Nair Country flag representing In Director 28-Dec-2023Current
Padma Nair Country flag representing In Whole-Time Director 27-Mar-2012Current
Premanand Gurithikavil Country flag representing In Whole-Time Director 27-Mar-2012Current
Priya Nair Country flag representing In Whole-Time Director 13-Jul-2015Current
Devilal Country flag representing In Director 05-Feb-2018Current

Financial Performance of Prashant Electricals.

Prashant Electricals Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 6.45% increase. The company also saw a substantial improvement in profitability, with a 29.34% increase in profit. The company's net worth Soared by an impressive increase of 22.91%.

Prashant Electricals revenue growth over time
Prashant Electricals profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
6.45%
Revenue from Operations
8.17%
Total Assets
13.50%
Profit or Loss
29.34%
Net Worth
22.91%
EBITDA
180.86%

What is the Ownership and Shareholding Structure of Prashant Electricals?

In 2023, Prashant Electricals had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹3.00 Cr

Satisfied Charges

₹3.39 Cr

Charges Breakdown by Lending Institutions

  • Others : 3.00 Cr

Latest Charge Details

DateLenderAmountStatus
21 Oct 2017Others₹3.00 CrOpen
22 Mar 2018Others₹2.37 MSatisfied
31 Oct 2017Others₹1.75 CrSatisfied
17 Apr 2014Hdfc Bank Limited₹9.00 MSatisfied
18 Jul 2013The Ratnakar Bank Limited₹5.00 MSatisfied

How Many Employees Work at Prashant Electricals?

Prashant Electricals has a workforce of 35 employees as of Apr 03, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee growth trends for Prashant Electricals Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Prashant Electricals, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Prashant Electricals's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Prashant Electricals

Recent activity within the organization

  • Annual General Meeting

    Prashant Electricals Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Balance Sheet

    Prashant Electricals Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

  • Director Appointment

    Prashant Premanand Nair was appointed as a Director was appointed as a Director on 28 Dec 2023 & has been associated with this company since 1 year 5 months .

  • Charges

    A charge with Others of Rs. 3.00 Cr registered on 21 Oct 2017 with Charge ID 100132591 was modified on 28 Jul 2023.

  • Charges

    A charge registered on 22 Mar 2018 via Charge ID 100169117 with Others was fully satisfied on 12 Sep 2022.

  • Charges

    A charge registered on 31 Oct 2017 via Charge ID 100132596 with Others was fully satisfied on 12 Sep 2022.

Frequently asked questions

  • What is the Incorporation or founding date of Prashant Electricals Limited?

    Prashant Electricals Limited was incorporated on 27 Mar 2012.

  • What is authorized share capital and paid-up capital of Prashant Electricals Limited?

    The authorized share capital of Prashant Electricals Limited is ₹ 4.10 Cr and paid-up capital is ₹ 1.66 M.

  • Who are the current board members & directors of Prashant Electricals Limited?

    Currently 5 directors are associated with Prashant Electricals Limited.

    • Padma Premanand Nair
    • Prashant Premanand Nair
    • Premanand Krishnankutty Nair Gurithikavil
    • Priya Premanand Nair
    • Devilal
  • What is the registered address of Prashant Electricals Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Prashant Electricals Limited is S-20 Midc, Tarapur India, Boisar, Maharashtra, 401506.

  • What is the corporate identification number (CIN) and company number of Prashant Electricals Limited?

    The corporate identification number (CIN) of Prashant Electricals Limited is U31401MH2012PLC228735 and the company number is 228735 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Prashant Electricals Limited?

    The Official website of Prashant Electricals Limited is https://www.prashantelectricals.in

  • What has been the recent revenue trend for Prashant Electricals Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Prashant Electricals Limited has risen by 6.45%.

  • How many employees does Prashant Electricals Limited currently have?

    As Per 2023 financial reports, 35 employees are currently employed by Prashant Electricals Limited.

  • What change has been observed in the net worth of Prashant Electricals Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Prashant Electricals Limited has experienced an upsurge of 22.91%.

  • What are the total open charges for Prashant Electricals Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Prashant Electricals Limited amount to ₹ 3.00 Cr.

  • When was the last Balance Sheet of Prashant Electricals Limited filed with the ROC?

    The most recent Balance Sheet for Prashant Electricals Limited was filed with the ROC on 31 Mar 2024.

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