MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2023-24)
- Udyam number
- UDYAM-KL-02-0015945
Tesla Heavy Electricals Pvt Ltd - energy and power in Ernakulam, Kerala, India. FY 2026 financials & compliance.
Revenue · FY 2023
₹9.68 Lakh
▼ 89% YoY
Net profit · FY 2023
₹1.55 Lakh
Net margin 16%
EBITDA · FY 2023
₹49.1 Lakh
Latest filing
Authorised capital
₹25 Lakh
Registered with MCA
Paid-up capital
₹25 Lakh
Issued & subscribed
Open charges
₹4.59 Cr
Secured borrowings
Company age
36 yrs
Est. 1990
Directors on board
2
As per MCA filings
About Tesla Heavy Electricals Pvt Ltd
Data last updated:
Tesla Heavy Electricals Pvt Ltd is a private limited company based in Ernakulam, Kerala, India. It operates in the bop and btg services segment of the energy and power sector. It was incorporated on 25 April 1990 and has been in existence for over 36 years.
The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN U29299KL1990PTC005677. Its GSTIN is 32AAACT8745L1Z1 (Kerala).
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹25 Lakh. It is led by directors Jose Varghese (Managing Director) and Sheela Varghese.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at 38/1323 Sreekala Road NH 47 Vennala, Ernakulam, Kerala, India – 682028.
As per the financials filed for FY 2023, the company reported a revenue of ₹9.68 Lakh, a decline of 89% compared to the previous year. For the same year it recorded a net profit of ₹1.55 Lakh (net margin 16%) and EBITDA of ₹49.1 Lakh. Revenue has declined at a compounded annual rate (CAGR) of 46% over three years.
As per MCA filings, the company has open charges of ₹4.59 Cr on record. Court records list 13 cases involving the company, including 8 filed by the company and 5 filed against it.
Tesla Heavy Electricals Pvt Ltd is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KL-02-0015945). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website tesla.net.in.
Company details
CIN U29299KL1990PTC005677
Registration Number 005677
Incorporation Date 25 April 1990
ROC Ernakulam
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2023
Date of Balance Sheet 31 March 2023
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-KL-02-0015945
Recognitions & Rankings of Tesla Heavy Electricals
Contact details
Tesla Heavy Electricals Pvt Ltd's registered office is in Ernakulam, Kerala. Its website is tesla.net.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address38/1323 Sreekala Road NH 47 Vennala, Ernakulam, Kerala, India – 682028
- IndustryEnergy and Power, BoP & BTG Services, Power EPC
To see the full contact details of Tesla Heavy Electricals Pvt Ltd, buy the company report.
Comprehensive company report
Tesla Heavy Electricals Pvt Ltd - 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 Tesla Heavy Electricals is electricity, gas, steam and air condition supply. In detail, this covers electric power generation, transmission and distribution.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| D | Electricity, gas, steam and air condition supply | D1 | Electric power generation, transmission and distribution |
To see the full business activity and turnover split of Tesla Heavy Electricals Pvt Ltd, buy the company report.
Financials of Tesla Heavy Electricals Pvt Ltd
FY 2023 filings availableTesla Heavy Electricals Pvt Ltd reported revenue of ₹9.68 Lakh (down 89% YoY) for FY 2023.
Revenue · FY 2023
₹9.68 Lakh ▼ 89%
Net profit · FY 2023
₹1.55 Lakh margin 16%
EBITDA · FY 2023
₹49.1 Lakh
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 89%
3 years · compounded
▼ 46%
EBITDA CAGR growth
1 year
▲ 257%
3 years · compounded
▲ 28%
Revenue has declined at a compounded annual rate (CAGR) of 46% over three years, including a 89% fall in the latest year. EBITDA rose 257% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹9.68 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹49.1 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.55 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 | |||||
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| Total Assets | |||||
Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | |||||
| Net Profit Margin | 16% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
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| 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 Tesla Heavy Electricals Pvt Ltd, buy the company report.
Board of directors of Tesla Heavy Electricals Pvt Ltd
Tesla Heavy Electricals has 2 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 |
|---|---|---|---|---|
| Jose Varghese Also directs: Tescons Projects Private Limited | Managing Director | 25 Apr 1990 | 36 Years 6 Months | Current |
| Sheela Varghese | Director | 25 Apr 1990 | 36 Years 6 Months | Current |
Peer comparison
Tesla Heavy Electricals Pvt Ltd is compared with the 4 companies closest to it by revenue in the Power industry (EPC, BoP and BTG), with the same principal business activity (electric power generation, transmission and distribution), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Naturetech Infrastructure Private Limited | ₹84.98 Lakh (FY 2024) | -35.0% | New Delhi, Delhi, India | |||
| Shalinsha Enterprises Private Limited | ₹84.25 Lakh (FY 2025) | -30.0% | Jaipur, Rajasthan, India | |||
| Rfe Solar Private Limited | ₹84.14 Lakh (FY 2021) | -59.0% | Mumbai, Maharashtra, India | |||
| Harikrishnan Power & Technology Private Limited | ₹83.74 Lakh (FY 2025) | 1.0% | Bangalore, Karnataka, India | |||
| Tesla Heavy Electricals Pvt Ltdthis company | ₹9.68 Lakh (FY 2023) | ₹1.55 Lakh | 16% | -89.0% | Ernakulam, Kerala, India |
To see the full peer comparison of Tesla Heavy Electricals Pvt Ltd, buy the company report.
Auditor
Tesla Heavy Electricals Pvt Ltd is audited by J KRISHNAN & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| J KRISHNAN & ASSOCIATES | FY 2023 | 001523S |
Shareholding
The shareholding of Tesla Heavy Electricals Pvt Ltd 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 Tesla Heavy Electricals Pvt Ltd, buy the company report.
Charges & borrowings
Open charges
₹4.59 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 06 Mar 2012 | 10352141 | State Bank of Travancore Rasmeccc | ₹25 Lakh | Open | |
| 07 Sep 2007 | 10066772 | State Bank of Travancore | ₹35 Lakh | Open | |
| 03 Aug 2000 | 90017902 | State Bank of Travancore | ₹7 Lakh | Open | |
| 02 Aug 1996 | 90016655 | State Bank of India | ₹3.86 Cr | Open | |
| 24 Aug 1993 | 90016062 | State Bank of Travancore | ₹6 Lakh | Open |
To see the full charge records of Tesla Heavy Electricals Pvt Ltd, buy the company report.
Total charge records: 5 View all charges
Legal cases
Tesla Heavy Electricals Pvt Ltd has 13 court cases on record: 8 filed by Tesla Heavy Electricals, 5 filed against it. All cases are disposed.
Total cases
13
Filed by the company
8
Filed against the company
5
Disposed
13
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 9 | 1 | 0 |
| District courts | 4 | 4 | 0 |
Cases on record (5 of 13)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Alappuzha, Kerala | Court case (MC) | Filed against the company by State Bank of India | Disposed |
| District court, Pathanamthitta, Kerala | Court case (MC) | Filed against the company by State Bank of India. Sarb, Ernakulam | Disposed |
| District court, Ernakulam, Kerala | Court case (MC) | Filed against the company by State Bank of India | Disposed |
| High Court | Court case (Con.Case(C)) | Filed by the company against individuals | Disposed |
| High Court | Writ petition | Filed by the company against The Kerala Water Authority and 4 others | Disposed |
To see the full case history of Tesla Heavy Electricals Pvt Ltd, 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 Tesla Heavy Electricals Pvt Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Tesla Heavy Electricals has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 32AAACT8745L1Z1 | Kerala | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Tesla Heavy Electricals Pvt Ltd, buy the company report.
Recent activity
Tesla Heavy Electricals Pvt Ltd has 3 board changes on record since 1990: 2 appointments and 1 cessation. The latest: Thomas Puthenparambil Varghese ceased to be Director on 08 Aug 2023.
AGM
Tesla Heavy Electricals Pvt Ltd last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
Ceased
Thomas Puthenparambil Varghese ceased to be Director.
Filing
Tesla Heavy Electricals Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ernakulam.
Charges
A charge with State Bank Of India of Rs. 386.00 Lakh registered on 02 Aug 1996 with Charge ID 90016655 was modified on 29 Jun 2021.
Charges
A charge with State Bank Of Travancore Rasmeccc amounted to Rs. 25.00 Lakh with Charge ID 10352141 was registered on 06 Mar 2012.
Charges
A charge with State Bank Of Travancore amounted to Rs. 35.00 Lakh with Charge ID 10066772 was registered on 07 Sep 2007.
Charges
A charge with State Bank Of Travancore amounted to Rs. 7.00 Lakh with Charge ID 90017902 was registered on 03 Aug 2000.
Charges
A charge with State Bank Of India amounted to Rs. 386.00 Lakh with Charge ID 90016655 was registered on 02 Aug 1996.
Charges
A charge with State Bank Of Travancore amounted to Rs. 6.00 Lakh with Charge ID 90016062 was registered on 24 Aug 1993.
Appointed
Jose Varghese was appointed as Managing Director.
Appointed
Sheela Varghese was appointed as Director.
Incorporation
25 Apr 1990
Tesla Heavy Electricals Pvt Ltd was registered on 25 Apr 1990 with Roc Ernakulam & aged 36 years 6 months as per MCA records.
Frequently asked questions
Tesla Heavy Electricals is an active private limited company based in Ernakulam, Kerala, India. The company works in bop and btg services, within the energy and power industry. It was incorporated on 25 April 1990 (36+ years old) and is registered under CIN U29299KL1990PTC005677.
Tesla Heavy Electricals has 2 current directors:
- Jose Varghese - Managing Director
- Sheela Varghese - Director
The latest financial statements of Tesla Heavy Electricals on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from 2015 are in the company report.
The GSTIN of Tesla Heavy Electricals is 32AAACT8745L1Z1, registered in Kerala.
The CIN (Corporate Identification Number) of Tesla Heavy Electricals is U29299KL1990PTC005677. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Tesla Heavy Electricals has 13 court cases on record: 8 filed by the company and 5 filed against it. Most are in the high courts.
Tesla Heavy Electricals was incorporated on 25 April 1990, making it 36+ years old. It is registered with the Registrar of Companies, Ernakulam.
The peers of Tesla Heavy Electricals by revenue are Naturetech Infrastructure Private Limited, Shalinsha Enterprises Private Limited, Rfe Solar Private Limited, Harikrishnan Power & Technology Private Limited, all in the Power industry (EPC, BoP and BTG), with the same principal business activity (electric power generation, transmission and distribution).
Thomas Puthenparambil Varghese ceased to be Director on 08 Aug 2023. Jose Varghese was appointed as Managing Director on 25 Apr 1990. Sheela Varghese was appointed as Director on 25 Apr 1990.
Yes, Tesla Heavy Electricals is registered as a micro enterprise under Udyam registration (number: UDYAM-KL-02-0015945).
Tesla Heavy Electricals can be reached through the website tesla.net.in. Its registered office is in Ernakulam, Kerala, India.