MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2022-23)
- Udyam number
- UDYAM-KL-02-0002011
Transformers and Electricals Kerala Ltd - energy and power in Ernakulam, Kerala, India. FY 2026 financials & compliance.
Revenue · FY 2023
₹153.15 Cr
▲ 12% YoY
Net loss · FY 2023
₹30.53 Cr
Net margin -19.9%
EBITDA · FY 2023
-₹28.28 Cr
EBITDA margin -18.5%
Authorised capital
₹125 Cr
Registered with MCA
Paid-up capital
₹42.97 Cr
Issued & subscribed
Open charges
₹277.71 Cr
Satisfied ₹101.06 Cr
Company age
63 yrs
Est. 1963
Employees · EPFO
532
Provident fund records
About Transformers and Electricals Kerala Ltd
Data last updated:
Transformers and Electricals Kerala Ltd is a public limited state government company based in Ernakulam, Kerala, India. It operates in the power equipment manufacturers segment of the energy and power sector. It was incorporated on 09 December 1963 and has been in existence for over 63 years.
The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN U31102KL1963SGC002043. Its GSTIN is 32AAACT6205D1ZZ (Kerala). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹125 Cr and a paid-up capital of ₹42.97 Cr. It is led by directors including Neeraj Mittal (Managing Director) and Chembakathuparambil Ayyappankutty Babu.
Its last annual general meeting (AGM) was held on 29 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at Ap VII/336Ap VII/336 Angamali South P O, Ernakulam, Kerala, India – 683573.
As per the financials filed for FY 2023, the company reported a revenue of ₹153.15 Cr, a growth of 12% compared to the previous year. For the same year it recorded a net loss of ₹30.53 Cr (net margin -19.9%) and EBITDA of -₹28.28 Cr (EBITDA margin -18.5%). Revenue has declined at a compounded annual rate (CAGR) of 10% over three years and 1% over five years.
The company has about 532 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: TELK. As per MCA filings, the company has open charges of ₹277.71 Cr and satisfied charges of ₹101.06 Cr on record. Court records list 111 cases involving the company, including 18 filed by the company and 93 filed against it; 27 cases are pending. The company has 1 deal on record (1 acquisition); the latest was in June 2009. Its 8 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 5 smaller; the largest is Adarsha Control Systems Private Limited with revenue of ₹155.25 Cr. The company has 5 MSME Form 1 returns on record between 2021 and 2022, listing 784 overdue payments to 107 micro and small suppliers.
Transformers and Electricals Kerala Ltd is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-KL-02-0002011). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website telk.com.
Company details
CIN U31102KL1963SGC002043
Registration Number 002043
Incorporation Date 09 December 1963
ROC Ernakulam
Listing Status Unlisted
Company Status Active
Date of Last AGM 29 September 2023
Date of Balance Sheet 31 March 2023
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-KL-02-0002011
CIN history
Transformers and Electricals Kerala has one previous CIN (Corporate Identification Number): L31102KL1963SGC002043. The current CIN is U31102KL1963SGC002043, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U31102KL1963SGC002043 | Current |
| L31102KL1963SGC002043 | Previous |
Key People
Neeraj Mittal Managing Director Chembakathuparambil Ayyappankutty Babu Nominee Director Jafar Ayroor Muhammed Kunju Nominee Director Recognitions & Rankings of Transformers and Electricals Kerala
Contact details
Transformers and Electricals Kerala Ltd's registered office is in Ernakulam, Kerala. Its website is telk.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressAp VII/336Ap VII/336 Angamali South P O, Ernakulam, Kerala, India – 683573
- IndustryEnergy and Power, Power Equipment Manufacturers
To see the full contact details of Transformers and Electricals Kerala Ltd, buy the company report.
Comprehensive company report
Transformers and Electricals Kerala 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business activity
The main business activity of Transformers and Electricals Kerala 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 Transformers and Electricals Kerala Ltd, buy the company report.
Financials of Transformers and Electricals Kerala Ltd
FY 2023 filings availableTransformers and Electricals Kerala Ltd reported revenue of ₹153.15 Cr (up 12% YoY) for FY 2023.
Revenue · FY 2023
₹153.15 Cr ▲ 12%
Net loss · FY 2023
₹30.53 Cr margin -19.9%
EBITDA · FY 2023
-₹28.28 Cr margin -18.5%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 12%
3 years · compounded
▼ 10%
5 years · compounded
▼ 1%
EBITDA CAGR growth
1 year
▲ 42%
3 years · compounded
▼ 61%
5 years · compounded
▼ 32%
Revenue rose 12% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 1%. EBITDA rose 42% 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 | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹28.28 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹30.53 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -18.5% | ||||
| Net Profit Margin | -19.9% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
| 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 Transformers and Electricals Kerala Ltd, buy the company report.
Board of directors of Transformers and Electricals Kerala Ltd
Transformers and Electricals Kerala has 7 current directors and 63 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Neeraj Mittal | Managing Director | 07 Aug 2023 | 3 Years 2 Months | Current |
| Chembakathuparambil Ayyappankutty Babu | Nominee Director | 11 Oct 2022 | 4 Years 0 Months | Current |
| Jafar Ayroor Muhammed Kunju | Nominee Director | 22 Mar 2024 | 2 Years 7 Months | Current |
| Kuruvilathu Krishnankutty Shibu | Nominee Director | 27 Oct 2023 | 3 Years 0 Months | Current |
| Joseph Chacko Ponnattu | Nominee Director | 29 Dec 2021 | 4 Years 9 Months | Current |
| Ajay Dua Also directs: NTPC Mining Limited, NTPC Up Green Energy Limited, Ratnagiri Gas and Power Private Limited and 2 more | Nominee Director | 09 May 2022 | 4 Years 5 Months | Current |
Showing 6 of 7 current directors. View all directors
Peer comparison
Transformers and Electricals Kerala Ltd is compared with the 8 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 |
|---|---|---|---|---|---|---|
| Adarsha Control Systems Private Limited | ₹155.25 Cr (FY 2025) | 0.0% | Bangalore, Karnataka, India | |||
| Marsons Energy Private Limited | ₹154.71 Cr (FY 2025) | 37.0% | Jaipur, Rajasthan, India | |||
| Asiatic Electrical & Switchgear Private Limited | ₹153.84 Cr (FY 2025) | 22.0% | Gurgaon, Haryana, India | |||
| Transformers and Electricals Kerala Ltdthis company | ₹153.15 Cr (FY 2023) | -₹30.53 Cr | -19.9% | 12.0% | 532 | Ernakulam, Kerala, India |
| Amara Raja Power Systems Limited | ₹152 Cr (FY 2025) | -19.0% | Tirupati, Andhra Pradesh, India | |||
| Onload Gears Private Limited | ₹151.58 Cr (FY 2025) | 26.0% | Chennai, Tamil Nadu, India | |||
| Switchgears and Structurals (India) Pvt. Ltd. | ₹151.56 Cr (FY 2025) | 46.0% | Hyderabad, Telangana, India | |||
| Obo Bettermann India Private Limited | ₹151.53 Cr (FY 2025) | -5.0% | Oragadam Village, Tamil Nadu, India | |||
| Supreme Power Equipment Limited | ₹149.54 Cr (FY 2025) | 32.0% | Chennai, Tamil Nadu, India |
To see the full peer comparison of Transformers and Electricals Kerala Ltd, buy the company report.
Auditor
Transformers and Electricals Kerala Ltd is audited by Babu A. Kallivayalil & Co., for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Babu A. Kallivayalil & Co., | FY 2022 | 05374S |
Shareholding
The shareholding of Transformers and Electricals Kerala Ltd is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Transformers and Electricals Kerala Ltd, buy the company report.
Charges & borrowings
Open charges
₹277.71 Cr
Satisfied charges
₹101.06 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 10 Jan 2024 | 100854617 | The South Indian Bank Limited | ₹9 Cr | Open | |
| 03 Dec 2018 | 100233759 | The South Indian Bank Limited | ₹82.9 Cr | Open | |
| 01 Dec 2016 | 100066819 | Others | ₹15 Cr | Open | |
| 30 Aug 2000 | 90022584 | State Bank of India | ₹161.7 Cr | Open | |
| 14 Dec 1992 | 90021982 | Industrial Dev. Bank of India | ₹2 Cr | Open |
To see the full charge records of Transformers and Electricals Kerala Ltd, buy the company report.
Total charge records: 27 View all charges
Deals & funding
Transformers and Electricals Kerala Ltd has 1 deal on record (1 acquisition); the latest was in June 2009.
Total deals
1
Acquisition
1
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jun 2009 | Acquisition | ₹30.8 Cr | Buyer: NTPC Limited |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Transformers and Electricals Kerala Ltd has 111 court cases on record: 18 filed by Transformers and Electricals Kerala, 93 filed against it. 27 cases are pending and 84 are disposed.
Total cases
111
Filed by the company
18
Filed against the company
93
Pending
27
Disposed
84
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 98 | 84 | 26 |
| Supreme Court | 8 | 5 | 1 |
| District courts | 5 | 4 | 0 |
Cases on record (5 of 111)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Supreme Court | Court case (Special Leave Petition (Civil)) | Filed by the company against JSTC Logistics Private Limited | Pending |
| High Court | Writ petition | Filed against the company by Electrotek Engineers Private Limited | Disposed |
| High Court | Writ petition | Filed against the company by M/S. S & C Multi Commercials Pvt. Ltd. | Disposed |
| District court, Ahmedabad, Gujarat | Commercial matter | Filed against the company by Posco Poggenamp Electrical Steel Pvt.Ltd., | Disposed |
| High Court, TELANGANA | Court case (CCCA) | Filed by the company against JSTC Logistics Private Limited and 1 other | Disposed |
To see the full case history of Transformers and Electricals Kerala 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.
Credit ratings & regulatory alerts
Transformers and Electricals Kerala Ltd was last rated by Brickwork on 05 May 2022.
| Rating agency | Rated on | Rating |
|---|---|---|
| Brickwork | 05 May 2022 |
To see the full credit ratings and regulatory alerts of Transformers and Electricals Kerala Ltd, buy the company report.
MSME payment delays
Transformers and Electricals Kerala Ltd has 5 MSME Form 1 returns on record between 2021 and 2022, listing 784 overdue payments to 107 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 107)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Industrial & Marine Suppliers | |||
| Mafsell Enterprises | |||
| an individual supplier | |||
| RNS Wires & Cables | |||
| an individual supplier |
To see the full MSME payment records of Transformers and Electricals Kerala Ltd, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Transformers and Electricals Kerala Ltd has a workforce of 532 employees on its EPFO records as of Oct 10, 2025, across 1 active EPFO establishment.
Employee count
532
Active EPFO establishments
1
Employee growth
-6.5%
GST
Transformers and Electricals Kerala has 2 GST registrations: 1 active and 1 cancelled or inactive.
Total GSTINs
2
Active
1
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 32AAACT6205D1ZZ | Kerala | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Transformers and Electricals Kerala Ltd, buy the company report.
Recent activity
Transformers and Electricals Kerala Ltd has 65 board changes on record since 2007: 8 appointments and 57 cessations. The latest: Debdutta Sinha was appointed as Nominee Director on 27 Aug 2025.
Charges
A charge registered on 19 Apr 2024 via Charge ID 100916372 with Others was fully satisfied on 18 Sep 2025.
Appointed
Debdutta Sinha was appointed as Nominee Director.
Charges
A charge registered on 28 Dec 2023 via Charge ID 100859155 with Others was fully satisfied on 07 Jan 2025.
Ceased
Shiva Kumar Ram ceased to be Nominee Director.
Charges
A charge registered on 13 Feb 2012 via Charge ID 10346725 with Indusind Bank Limited was fully satisfied on 19 Jul 2024.
Charges
A charge registered on 26 Nov 2003 via Charge ID 90022948 with Kerala Industrial Revitalixation Fund Board was fully satisfied on 22 Jun 2024.
Charges
A charge registered on 19 May 1981 via Charge ID 90021510 with The Industrial Credit And Investment Corpn. Of India Ltd. was fully satisfied on 20 Jun 2024.
Charges
A charge registered on 07 Oct 1977 via Charge ID 90021411 with The Industrial Credit And Investment Corpn. Of India Ltd. was fully satisfied on 20 Jun 2024.
Charges
A charge registered on 27 Mar 1993 via Charge ID 90021998 with The Federal Bank Ltd. was fully satisfied on 05 Jun 2024.
Charges
A charge registered on 09 Sep 1991 via Charge ID 90021925 with The Federal Bank Ltd. was fully satisfied on 05 Jun 2024.
Charges
A charge with State Bank Of India of Rs. 161.70 Cr registered on 30 Aug 2000 with Charge ID 90022584 was modified on 15 May 2024.
Charges
A charge registered on 25 May 1992 via Charge ID 90021961 with State Bank Of Travancore was fully satisfied on 15 May 2024.
108 earlier events are in the company report.
Frequently asked questions
Transformers and Electricals Kerala is an active public limited state government company based in Ernakulam, Kerala, India. The company works in power equipment manufacturers, within the energy and power industry. It was incorporated on 09 December 1963 (63+ years old) and is registered under CIN U31102KL1963SGC002043.
Transformers and Electricals Kerala has 7 current directors:
- Neeraj Mittal - Managing Director
- Chembakathuparambil Ayyappankutty Babu - Nominee Director
- Jafar Ayroor Muhammed Kunju - Nominee Director
- Kuruvilathu Krishnankutty Shibu - Nominee Director
- Joseph Chacko Ponnattu - Nominee Director
- Ajay Dua - Nominee Director
- Debdutta Sinha - Nominee Director
The latest financial statements of Transformers and Electricals Kerala on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 29 September 2023. Year-wise statements from 2015 are in the company report.
The GSTIN of Transformers and Electricals Kerala is 32AAACT6205D1ZZ, registered in Kerala. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Transformers and Electricals Kerala is U31102KL1963SGC002043. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Transformers and Electricals Kerala has 111 court cases on record: 18 filed by the company and 93 filed against it. 27 are pending. Most are in the high courts.
Transformers and Electricals Kerala was incorporated on 09 December 1963, making it 63+ years old. It is registered with the Registrar of Companies, Ernakulam.
Transformers and Electricals Kerala has 1 deal on record (1 acquisition); the latest was in June 2009.
The peers of Transformers and Electricals Kerala by revenue are Adarsha Control Systems Private Limited, Marsons Energy Private Limited, Asiatic Electrical & Switchgear Private Limited, Amara Raja Power Systems Limited, Onload Gears Private Limited and 3 more, 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).
Debdutta Sinha was appointed as Nominee Director on 27 Aug 2025. Shiva Kumar Ram ceased to be Nominee Director on 31 Aug 2024. Jafar Ayroor Muhammed Kunju was appointed as Nominee Director on 22 Mar 2024. Transformers and Electricals Kerala has 65 board changes on record in total.
Yes, Transformers and Electricals Kerala is registered as a medium enterprise under Udyam registration (number: UDYAM-KL-02-0002011).
Transformers and Electricals Kerala has 5 MSME Form 1 returns on record between 2021 and 2022, listing 784 overdue payments to 107 micro and small suppliers. The latest return was filed on 07 Feb 2024.