About Trading Engineers (International) Limited
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Trading Engineers (International) Limited is a public limited company based in New Delhi, Delhi, India. The company is currently undergoing Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency professional. It operates in the power equipment manufacturers segment of the energy and power sector. It was incorporated on 22 November 1972.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U74899DL1972PLC108312. Its GSTIN is 07AAACT3870G2ZC (Delhi). The company holds 18 GST registrations, of which 4 are active.
The company has an authorised share capital of ₹3.5 Cr and a paid-up capital of ₹3.02 Cr. It was formerly known as Trading Engineers (International) Private Limited. It is led by directors including Bala Chhabra (Managing Director) and Sushant Chhabra.
Its last annual general meeting (AGM) was held on 30 September 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office is at 806 Devika Tower 6 Nehru Place 6 Nehru Place, New Delhi, Delhi, India – 110019.
As per the financials filed for FY 2017, the company reported a revenue of ₹139.11 Cr, a growth of 25% compared to the previous year. For the same year it recorded a net loss of ₹12.36 Cr (net margin -8.9%) and EBITDA of ₹1.4 Cr (EBITDA margin 1%). Revenue has grown at a compounded annual rate (CAGR) of 10% over three years.
The company has about 3 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Trading Engineers International. As per MCA filings, the company has open charges of ₹110.3 Cr and satisfied charges of ₹27 Cr on record. Court records list 41 cases involving the company, including 27 filed by the company and 15 filed against it; 6 cases are pending. The company has 6 deals on record (3 secondary share transfers, 2 rights issues, 1 funding round), with disclosed funding of ₹1.73 Cr; the latest was in March 2017. Its 5 peer companies in the Power industry (Power Equipment Manufacturers), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment) are compared by revenue, 3 larger and 2 smaller; the largest is Winomechanic Private Limited with revenue of ₹141.7 Cr.
The last known website on record is tradingengineers.com.
Company details
Contact details
Trading Engineers (International) Limited's registered office is in New Delhi, Delhi. Its website is tradingengineers.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address806 Devika Tower 6 Nehru Place 6 Nehru Place, New Delhi, Delhi, India – 110019
- IndustryEnergy and Power, Power Equipment Manufacturers
To see the full contact details of Trading Engineers (International) 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
Brands
Trading Engineers (International) operates one associated brand: Trading Engineers International. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provider of telecommunication infrastructure services | tradingengineers.com |
Business activity
The main business activity of Trading Engineers (International) 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 Trading Engineers (International) Limited, buy the company report.
Financials of Trading Engineers (International) Limited
FY 2017 filings availableTrading Engineers (International) Limited reported revenue of ₹139.11 Cr (up 25% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 10% over three years, including 25% growth in the latest year. EBITDA rose 15% 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 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | |||
| Other Income | |||
| Total Revenue | ₹139.11 Cr | ||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | ₹1.4 Cr | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹12.36 Cr | ||
| 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
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 1% | ||
| Net Profit Margin | -8.9% | ||
| Return on Equity (ROE) | |||
| Return on Capital Employed (ROCE) | |||
| Return on Assets (ROA) | |||
| Liquidity and Debt | |||
| Current Ratio | |||
| Quick Ratio | |||
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| 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 Trading Engineers (International) Limited, buy the company report.
Board of directors of Trading Engineers (International) Limited
Trading Engineers (International) has 3 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sushant Chhabra Also directs: Unitech Indraprastha TV Limited, Um Automotive Private Limited, Alpha Maier Private Limited and 3 more | Director | 15 Oct 2004 | 22 Years 0 Months | As last reported |
| Bala Chhabra | Managing Director | 22 Feb 2000 | 26 Years 8 Months | As last reported |
| Sanjeev Kapoor Also directs: Janardhan Industries Limited, Bawa Appliances Private Limited | Additional Director | 28 Mar 2019 | 7 Years 7 Months | As last reported |
Peer comparison
Trading Engineers (International) Limited is compared with the 5 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 |
|---|---|---|---|---|---|---|
| Winomechanic Private Limited | ₹141.7 Cr (FY 2024) | 60.0% | Chennai, Tamil Nadu, India | |||
| Karnataka Vidyuth Karkhane Limited | ₹139.9 Cr (FY 2025) | 8.0% | Bangalore, Karnataka, India | |||
| Agility Elektrotekniks Private Limited | ₹139.33 Cr (FY 2025) | 72.0% | Ghaziabad, Uttar Pradesh, India | |||
| Trading Engineers (International) Limitedthis company | ₹139.11 Cr (FY 2017) | -₹12.36 Cr | -8.9% | 25.0% | 3 | New Delhi, Delhi, India |
| Uttam (Bharat) Electricals Pvt.Ltd. | ₹139.02 Cr (FY 2025) | 30.0% | Jaipur, Rajasthan, India | |||
| Indo SMC Limited | ₹138.78 Cr (FY 2025) | 395.0% | Ahmedabad, Gujarat, India |
To see the full peer comparison of Trading Engineers (International) Limited, buy the company report.
Auditor
Trading Engineers (International) Limited is audited by NIPUN KHURANA & ASSOCIATES for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| NIPUN KHURANA & ASSOCIATES | FY 2017 | 007604N |
Shareholding
The shareholding of Trading Engineers (International) Limited is on record for 3 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Trading Engineers (International) Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 19 Sep 2013 | 10454984 | Vijaya Bank | ₹5 Cr | Open | |
| 11 Mar 2008 | 10099270 | Citibank N.A | ₹10 Cr | Open | |
| 18 Mar 2005 | 90055672 | Hero Honda Finance Ltd. | ₹60 Lakh | Open | |
| 25 Jan 2001 | 90054118 | State Bank of India | ₹94.7 Cr | Open | |
| 03 Dec 2011 | 10326073 | State Bank of India | ₹7 Cr | Satisfied |
To see the full charge records of Trading Engineers (International) Limited, buy the company report.
Total charge records: 10 View all charges
Deals & funding
Trading Engineers (International) Limited has 6 deals on record (3 secondary share transfers, 2 rights issues, 1 funding round), with disclosed funding of ₹1.73 Cr; the latest was in March 2017.
Deals on record (5 of 6)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2017 | Rights issue | ₹1 Cr | Investors: Gessup Logistics and Finance Private Limited |
| May 2014 | Rights issue | ₹9 Cr | Investors: Unitech Machines Limited , Instronics Limited |
| Aug 2010 | Secondary share transfer | Undisclosed | Buyer: Gessup Logistics and Finance Private Limited , Sab Holdings (India) Private Limited , an individual Seller: 2 individuals |
| Nov 2006 | Funding round | ₹1.73 Cr | Investors: Sab Holdings (India) Private Limited , Gessup Logistics and Finance Private Limited , Unitech Machines Limited , an individual |
| Nov 2006 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: Asara Sales and Investment Private Limited , 2 individuals |
To see the full deal history of Trading Engineers (International) Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Trading Engineers (International) Limited has 41 court cases on record: 27 filed by Trading Engineers (International), 15 filed against it. 6 cases are pending and 35 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 21 | 4 | 1 |
| District courts | 11 | 7 | 1 |
| Supreme Court | 5 | 0 | 1 |
| NCLAT | 4 | 4 | 3 |
Cases on record (5 of 41)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Supreme Court | Court case (Special Leave Petition (Civil)) | Filed by the company against Trimurthi Hitech Company Private Limited | Pending |
| High Court of Delhi | Writ petition | Filed by the company against Gama Infraprop Pvt. Ltd. | Pending |
| NCLAT, Chairperson Court | Tribunal matter | Filed against the company by Committee of Creditors of Trading Engineers International Limited and 1 other | Pending |
| NCLAT, Chairperson Court | Tribunal matter | Filed by the company against Trading Engineers International Limited | Pending |
| Madras High Court | Interim or miscellaneous application | Filed by the company against Trimurthi Hitech Company Private Limited | Disposed |
To see the full case history of Trading Engineers (International) 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.
Credit ratings & regulatory alerts
Trading Engineers (International) Limited was last rated by Indiarating on 14 Feb 2019.
| Rating agency | Rated on | Rating |
|---|---|---|
| Indiarating | 14 Feb 2019 |
To see the full credit ratings and regulatory alerts of Trading Engineers (International) Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Trading Engineers (International) Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Trading Engineers (International) has 1 associated company. This group structure data is as of FY 2017. The table lists each entity with its relationship and holding.
Employees & EPFO
Trading Engineers (International) Limited has a workforce of 3 employees on its EPFO records as of Apr 09, 2024, across 2 active EPFO establishments.
GST
Trading Engineers (International) has 18 GST registrations: 4 active and 14 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AAACT3870G2ZC | Delhi | Active | 21 Mar 2020 |
| 06AAACT3870G2ZE | Haryana | Active | 21 Mar 2020 |
| 20AAACT3870G2ZO | Jharkhand | Active | 21 Mar 2020 |
| 05AAACT3870G3ZF | Uttarakhand | Active | 13 Jul 2020 |
To see the full GST registrations and return filing status of Trading Engineers (International) Limited, buy the company report.
Recent activity
Trading Engineers (International) Limited has 12 board changes on record since 2000: 3 appointments and 9 cessations. The latest: Nargis Malik ceased to be Director on 09 Oct 2019.
22 earlier events are in the company report.
Frequently asked questions
Trading Engineers (International) is undergoing "Corporate Insolvency Resolution Process" (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency resolution professional. The company may not be able to independently enter into new commitments during this period. This is a high-risk status - verify the resolution status before any engagement.
Trading Engineers (International) is a company under insolvency, formerly operating as a public limited company based in New Delhi, Delhi, India. The company works in power equipment manufacturers, within the energy and power industry. It was incorporated on 22 November 1972 and is registered under CIN U74899DL1972PLC108312. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Trading Engineers (International) has 3 current directors:
- Bala Chhabra - Managing Director
- Sushant Chhabra - Director
- Sanjeev Kapoor - Additional Director
The latest financial statements of Trading Engineers (International) on record with the MCA are for the year ended 31 March 2017. Its last annual general meeting was held on 30 September 2017. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Trading Engineers (International) is U74899DL1972PLC108312. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Trading Engineers (International) has open charges of ₹110.3 Cr and satisfied charges of ₹27 Cr as per latest MCA filings.
Trading Engineers (International) has 41 court cases on record: 27 filed by the company and 15 filed against it. 6 are pending. Most are in the high courts.
Trading Engineers (International) was incorporated on 22 November 1972. It is registered with the Registrar of Companies, Delhi.
Trading Engineers (International) has 6 deals on record (3 secondary share transfers, 2 rights issues, 1 funding round), with disclosed funding of ₹1.73 Cr; the latest was in March 2017.
The peers of Trading Engineers (International) by revenue are Winomechanic Private Limited, Karnataka Vidyuth Karkhane Limited, Agility Elektrotekniks Private Limited, Uttam (Bharat) Electricals Pvt.Ltd, Indo SMC 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).
Nargis Malik ceased to be Director on 09 Oct 2019. Sanjeev Kapoor was appointed as Additional Director on 28 Mar 2019. Ranjeet Verma Kumar ceased to be Director on 01 Apr 2017. Trading Engineers (International) has 12 board changes on record in total.