MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-TN-24-0021740
Tri Electric Private Limited - automotive in Thiruvallur, Tamil Nadu, India. FY 2026 financials & compliance.
Revenue · FY 2022
₹11.02 Cr
▲ 125% YoY
Net profit · FY 2022
₹51.08 Lakh
Net margin 4.6%
EBITDA · FY 2022
₹78.23 Lakh
EBITDA margin 7.1%
Authorised capital
₹1 Cr
Registered with MCA
Paid-up capital
₹10 Lakh
Issued & subscribed
Open charges
₹1.07 Cr
Secured borrowings
Company age
12 yrs
Est. 2014
Employees · EPFO
33
Provident fund records
About Tri Electric Private Limited
Data last updated:
Tri Electric Private Limited is a private limited company based in Thiruvallur, Tamil Nadu, India. It operates in the electrical and bio fuel vehicles segment of the automotive sector. It was incorporated on 20 August 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U31900TN2014PTC097004. Its GSTIN is 33AAFCT0809C1ZW (Tamil Nadu). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹10 Lakh. It is led by directors Venkatachalam Venkatachalapathy Ramasamyudayar and Madabushi Parthasarathi.
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 Plot No.D – 5 Sipcot Industrial Complex Gummidipoondi, Thiruvallur, Tamil Nadu, India – 601201.
As per the financials filed for FY 2022, the company reported a revenue of ₹11.02 Cr, a growth of 125% compared to the previous year. For the same year it recorded a net profit of ₹51.08 Lakh (net margin 4.6%) and EBITDA of ₹78.23 Lakh (EBITDA margin 7.1%). Revenue has grown at a compounded annual rate (CAGR) of 20% over three years and 35% over five years.
The company has about 33 employees on its provident fund (EPFO) records.
The company is associated with 2 brands: Tri Electric and Aquila EV. As per MCA filings, the company has open charges of ₹1.07 Cr on record. Court records list 6 cases involving the company, including 2 filed by the company and 4 filed against it; 2 cases are pending.
Tri Electric Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-24-0021740). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website trielectric.in.
Company details
CIN U31900TN2014PTC097004
Registration Number 097004
Incorporation Date 20 August 2014
ROC Chennai
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 Small
Udyam Registration UDYAM-TN-24-0021740
Recognitions & Rankings of Tri Electric
Contact details
Tri Electric Private Limited's registered office is in Thiruvallur, Tamil Nadu. Its website is trielectric.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressPlot No.D – 5 Sipcot Industrial Complex Gummidipoondi, Thiruvallur, Tamil Nadu, India – 601201
- IndustryAutomotive, Electrical and Bio Fuel Vehicles
To see the full contact details of Tri Electric Private Limited, buy the company report.
Comprehensive company report
Tri Electric Private Limited - 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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Brands
Tri Electric operates two associated brands: Tri Electric and Aquila EV. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Produces high-quality electric buses. | trielectric.in | |
| Manufactures electric golf carts, sightseeing buses, cargo cars, and loaders for commercial use. | aquilaev.in |
Business activity
The main business activity of Tri Electric is manufacturing. In detail, this covers motor vehicles, trailers, semi trailers and other transport vehicles.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C11 | Motor vehicles, trailers, semi trailers and other Transport Vehicles |
To see the full business activity and turnover split of Tri Electric Private Limited, buy the company report.
Financials of Tri Electric Private Limited
FY 2023 filings availableTri Electric Private Limited reported revenue of ₹11.02 Cr (up 125% YoY) for FY 2022.
Revenue · FY 2022
₹11.02 Cr ▲ 125%
Net profit · FY 2022
₹51.08 Lakh margin 4.6%
EBITDA · FY 2022
₹78.23 Lakh margin 7.1%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 125%
3 years · compounded
▲ 20%
5 years · compounded
▲ 35%
EBITDA CAGR growth
1 year
▲ 44%
3 years · compounded
▲ 18%
5 years · compounded
▲ 23%
Revenue has grown at a compounded annual rate (CAGR) of 35% over five years, including 125% growth in the latest year. EBITDA rose 44% 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹11.02 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹78.23 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹51.08 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 | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 7.1% | ||||
| Net Profit Margin | 4.6% | ||||
| 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 Tri Electric Private Limited, buy the company report.
Board of directors of Tri Electric Private Limited
Tri Electric 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 |
|---|---|---|---|---|
| Venkatachalam Venkatachalapathy Ramasamyudayar Also directs: Binny Mills Limited, The Narasimha Mills Private Limited, Thiruvalluvar Textiles Private Limited and 5 more | Director | 20 Aug 2014 | 12 Years 2 Months | Current |
| Madabushi Parthasarathi Also directs: Sudharsan Equipments Private Limited | Director | 20 Aug 2014 | 12 Years 2 Months | Current |
Peer comparison
Tri Electric Private Limited is compared with the 5 companies closest to it by revenue in the Automobiles industry (Electric and Bio Fuel Vehicles), with the same principal business activity (motor vehicles, trailers, semi trailers and other transport vehicles), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Shigan Evoltz Limited | ₹11.42 Cr (FY 2025) | 38.0% | Delhi, India | |||
| Citygreen Auto and Petrochemicals Private Limited | ₹11.06 Cr (FY 2024) | -36.0% | Delhi, India | |||
| Tri Electric Private Limitedthis company | ₹11.02 Cr (FY 2022) | ₹51.08 Lakh | 4.6% | 125.0% | Thiruvallur, Tamil Nadu, India | |
| BNC Motors Private Limited | ₹10.98 Cr (FY 2024) | 49.0% | Coimbatore, Tamil Nadu, India | |||
| Successpath Marketing Private Limited | ₹10.78 Cr (FY 2017) | 2.0% | Delhi, India | |||
| Evex Auto India Private Limited | ₹10.59 Cr (FY 2024) | -49.0% | Gurugram, Haryana, India |
To see the full peer comparison of Tri Electric Private Limited, buy the company report.
Auditor
Tri Electric Private Limited is audited by A V R V & ASSOCIATES for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| A V R V & ASSOCIATES | FY 2022 | 022944S |
Shareholding
The shareholding of Tri Electric Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Tri Electric Private Limited, buy the company report.
Charges & borrowings
Open charges
₹1.07 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Jul 2019 | 100277611 | State Bank of India | ₹1.36 Lakh | Open | |
| 27 Jun 2019 | 100271086 | State Bank of India | ₹49,500 | Open | |
| 27 Jun 2019 | 100271088 | State Bank of India | ₹49,500 | Open | |
| 12 Apr 2019 | 100252654 | State Bank of India | ₹5.5 Lakh | Open | |
| 19 Dec 2018 | 100223346 | State Bank of India | ₹1.23 Lakh | Open |
Total charge records: 18 View all charges
Legal cases
Tri Electric Private Limited has 6 court cases on record: 2 filed by Tri Electric, 4 filed against it. 2 cases are pending and 4 are disposed.
Total cases
6
Filed by the company
2
Filed against the company
4
Pending
2
Disposed
4
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 6 | 4 | 2 |
Cases on record (5 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Madras High Court | Writ petition | Filed by the company against an individual | Pending |
| Madras High Court | Interim or miscellaneous application | Filed by the company against an individual | Pending |
| High Court, GUJARAT | Special civil application | Filed against the company by Statue of Unity Area Development and Tourism Governance Authority | Disposed |
| High Court, TAMIL NADU | Writ petition | Filed against the company by M/S Statute of Unity Area Development and Tourism Governance Authority Deepika Murali, Karthik Sundaram,Anila.R,Nivea S.R.,Harinarayanan,Parv Gupta | Disposed |
| High Court, TAMIL NADU | Interim or miscellaneous application | Filed against the company by M/S Statute of Unity Area Development and Tourism Governance Authority Deepika Murali, Harinarayanan,Parv Gupta ,Nivea S.R.,Anila.R,Karthik Sundaram | Disposed |
To see the full case history of Tri Electric Private 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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Tri Electric Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Tri Electric has 2 GST registrations: 1 active and 1 cancelled or inactive.
Total GSTINs
2
Active
1
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAFCT0809C1ZW | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Tri Electric Private Limited, buy the company report.
Recent activity
Tri Electric Private Limited has 3 board changes on record since 2014: 2 appointments and 1 cessation. The latest: Sivakumar Thyagarajan ceased to be Company Secretary on 30 Sep 2024.
Ceased
Sivakumar Thyagarajan ceased to be Company Secretary.
AGM
Tri Electric Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
Filing
Tri Electric Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chennai.
Charges
A charge with State Bank Of India amounted to Rs. 0.01 Cr with Charge ID 100277611 was registered on 30 Jul 2019.
Charges
A charge with State Bank Of India amounted to Rs. 0.00 Cr with Charge ID 100271086 was registered on 27 Jun 2019.
Charges
A charge with State Bank Of India amounted to Rs. 0.00 Cr with Charge ID 100271088 was registered on 27 Jun 2019.
Charges
A charge with State Bank Of India amounted to Rs. 0.06 Cr with Charge ID 100252654 was registered on 12 Apr 2019.
Charges
A charge with State Bank Of India amounted to Rs. 0.01 Cr with Charge ID 100223346 was registered on 19 Dec 2018.
Charges
A charge with State Bank Of India amounted to Rs. 0.04 Cr with Charge ID 100209154 was registered on 15 Oct 2018.
Charges
A charge with State Bank Of India amounted to Rs. 0.04 Cr with Charge ID 100205683 was registered on 28 Sep 2018.
Charges
A charge with State Bank Of India amounted to Rs. 0.09 Cr with Charge ID 100202324 was registered on 15 Sep 2018.
Charges
A charge with State Bank Of India amounted to Rs. 0.05 Cr with Charge ID 100177160 was registered on 18 May 2018.
12 earlier events are in the company report.
Frequently asked questions
Tri Electric is an active private limited company based in Thiruvallur, Tamil Nadu, India. The company works in electrical and bio fuel vehicles, within the automotive industry. It was incorporated on 20 August 2014 (12+ years old) and is registered under CIN U31900TN2014PTC097004.
Tri Electric has 2 current directors:
- Venkatachalam Venkatachalapathy Ramasamyudayar - Director
- Madabushi Parthasarathi - Director
The latest financial statements of Tri Electric 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 Tri Electric is 33AAFCT0809C1ZW, registered in Tamil Nadu. 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 Tri Electric is U31900TN2014PTC097004. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Tri Electric has 6 court cases on record: 2 filed by the company and 4 filed against it. 2 are pending.
Tri Electric was incorporated on 20 August 2014, making it 12+ years old. It is registered with the Registrar of Companies, Chennai.
The peers of Tri Electric by revenue are Shigan Evoltz Limited, Citygreen Auto and Petrochemicals Private Limited, BNC Motors Private Limited, Successpath Marketing Private Limited, Evex Auto India Private Limited, all in the Automobiles industry (Electric and Bio Fuel Vehicles), with the same principal business activity (motor vehicles, trailers, semi trailers and other transport vehicles).
Sivakumar Thyagarajan ceased to be Company Secretary on 30 Sep 2024. Madabushi Parthasarathi was appointed as Director on 20 Aug 2014. Venkatachalam Venkatachalapathy Ramasamyudayar was appointed as Director on 20 Aug 2014.
Yes, Tri Electric is registered as a small enterprise under Udyam registration (number: UDYAM-TN-24-0021740).
Tri Electric can be reached through the website trielectric.in. Its registered office is in Thiruvallur, Tamil Nadu, India.