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GE POWER CONVERSION INDIA PRIVATE LIMITED

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Active
Updated: 25 Oct 2024

The company is engaged in solar power business. It generates and distributes electricity.

Ge Power Conversion India Private Limited, is an unlisted private company incorporated on 25 June, 2007. It is classified as a private limited company and is located in Chennai, Tamil Nadu. It's authorized share capital is INR 25.00 cr and the total paid-up capital is INR 13.24 cr.

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Industry

Manufacture of motor vehicles, trailers and others
Products
  • Solar power and electricity
Key Metrics

** All rupee values in INR crores. Based on March 2024 numbers.

Total Revenue
37.95%
₹ 2,115.4
EBITDA
361.66%
₹ 159.5
Net Profit
224.92%
₹ 140.3
Networth
66.12%
₹ 352.4
Borrowings
39.66%
₹ 454.1
Assets
59.37%
₹ 1,501.6
Gross Margin
4.83
21.2 %
Operating Margin
5.31
7.6 %
Net Profit Margin
3.81
6.6 %
Return on Equity
19.45
39.8 %
ROCE
32.64
46.8 %
Debt to Equity
-0.24
1.3
Sales
Mar 2024
Net worth
Mar 2024

Locations

indian flag India (11)
State Type Address

location icon Locations on Map

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Tofler Score

Very Good
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Poor
Fair
Good
Very Good
Excellent

Risk

Severe Risk
  • No risks identified
Moderate Risk
  • HIGH LEVERAGE
  • LOW CASH BALANCE
Low Risk
  • No risks identified
About Tofler Score
Tofler Score measures the quality of performance and integrity of a company. It is dependent on three key factors - Sustainability, Governance, and Growth.

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Financial Highlights

** All numbers in INR crores
Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Sales 239.0 574.0 719.5 1,496.5 2,092.1
Operating profit -59.4 16.4 33.8 34.5 159.5
Net profit -74.2 6.1 16.4 43.2 140.3
Gross margin 43.9 29.0 24.5 16.4 21.2
Operating margin -24.8 2.9 4.7 2.3 7.6
Net margin -29.4 1.0 2.3 2.8 6.6
Networth -305.5 152.6 169.0 212.2 352.4
Borrowings 399.4 340.2 237.3 325.2 454.1
Assets 263.1 678.9 617.3 942.2 1,501.6
Debt to equity -1.3 2.2 1.4 1.5 1.3
Current ratio 0.3 1.1 1.2 1.3 1.2
ROE - 4.0 9.7 20.4 39.8
Days payable 289.0 119.0 98.0 91.0 101.0
WC days -577.0 32.0 38.0 45.0 50.0
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Margins

Gross margin
Operating margin
Net margin

Balance Sheet

%
** All numbers in INR crores
Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Equity Capital 0.3 13.2 13.2 13.2 13.2
Reserves -305.8 139.4 155.7 198.9 339.2
Borrowings + 399.4 340.2 237.3 325.2 454.1
Long term borrowings - - - - -
Short term borrowings 399.4 340.2 237.3 325.2 454.1
Trade payables + 106.0 132.5 145.8 311.5 454.1
Days payable 289.0 119.0 98.0 91.0 101.0
Other liabilities + 169.2 186.2 211.0 404.9 695.0
Other non-current liabilities 7.6 8.2 10.6 16.8 18.9
Other current liabilities 55.6 45.4 54.6 76.6 222.0
Total liabilities 263.1 678.9 617.3 942.2 1,501.6
Fixed Assets + 14.0 13.0 16.1 21.6 40.0
Tangible assets 14.0 13.0 16.1 20.7 39.5
CWIP - - - 0.5 -
Intangible assets - - - 0.4 0.4
LT loans and advances 66.2 98.2 89.3 23.7 19.9
Other non-current assets - - - - 26.6
Current assets + 182.8 567.7 511.9 896.8 1,415.1
Inventories 53.3 171.8 251.6 468.3 811.5
Trade receivables 104.9 295.4 162.1 186.7 391.4
Cash and cash equivalents 3.6 34.6 5.1 28.5 24.5
ST loans and advances 11.7 23.9 20.9 134.2 162.6
Other current assets 9.4 42.1 72.1 79.1 25.1
Total assets 263.1 678.9 617.3 942.2 1,501.6
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Total assets

Profit & Loss

%
** All numbers in INR crores
Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Sales + 239.0 574.0 719.5 1,496.5 2,092.1
Sales growth % -10.47 140.14 25.33 108.0 39.8
Expenses + 326.7 581.2 701.8 1,489.3 1,981.0
Cost of goods 134.1 407.5 543.3 1,251.1 1,647.9
Employee cost 54.6 56.8 64.2 102.3 131.0
Other costs 109.8 93.3 78.1 108.6 153.7
Operating profit + -59.4 16.4 33.8 34.5 159.5
Operating margin % -24.8 2.9 4.7 2.3 7.6
Other income 13.5 18.5 3.2 37.0 23.3
Interest 26.8 22.3 14.7 22.0 41.1
Depreciation 1.5 1.2 1.4 5.4 7.3
Exceptional items - - - - -
Profit before tax -74.2 11.4 20.9 44.1 134.4
Tax - 5.3 4.5 1.0 -5.9
Profit - disc. ops - - - - -
Net profit -74.2 6.1 16.4 43.2 140.3
Net margin % -29.4 1.0 2.3 2.8 6.6
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Revenue from operations

Ratios

Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Solvency +
Total Debt/Equity -1.3 2.2 1.4 1.5 1.3
Net Debt/Equity -1.3 2.0 1.4 1.4 1.2
Total Debt/Assets 1.5 0.5 0.4 0.3 0.3
Total Assets/Equity -0.9 4.5 3.6 4.4 4.3
Liquidity +
Current Ratio 0.3 1.1 1.2 1.3 1.2
Quick Ratio 0.2 0.8 0.6 0.6 0.5
Interest Coverage -2.2 0.7 2.3 1.6 3.9
Performance
Gross Margin 43.9 29.0 24.5 16.4 21.2
Operating Margin -24.8 2.9 4.7 2.3 7.6
Net Margin -29.4 1.0 2.3 2.8 6.6
Return +
Return on Equity - 4.0 9.7 20.4 39.8
Pre-tax ROCE 16.7 24.2 35.9 14.2 46.8
Return on Assets -28.2 0.9 2.6 4.6 9.3
Pre-tax ROIC -67.4 3.3 8.1 5.7 19.5
Efficiency +
Days Payable 289.0 119.0 98.0 91.0 101.0
Days Inventory 145.0 154.0 169.0 137.0 180.0
Days Receivable 160.0 188.0 82.0 46.0 68.0
Fixed Asset Turnover 17.1 44.2 44.7 69.4 52.4
Total Asset Turnover 0.9 0.8 1.2 1.6 1.4
Working Capital
Cash Conversion Cycle 16.0 223.0 153.0 92.0 147.0
Working Capital Days -577.0 32.0 38.0 45.0 50.0
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Ratios

Current ratio
Debt/equity ratio

Charges on assets

As per information available, the company has no registered charges.

People

Designation Name DIN/PAN Tenure
Whole-time Director Jim Bino Peter Sorniah 08339268 6 years
Whole-time Director Balakrishnan Nagarajan 08499459 6 years
Kmp Sneha Sharma <HIDDEN> 1 years

Company Network

Companies connected through Directors

Name Status Paid up Capital Common Directors Address

Registered Details

CIN

U34300TN2007PTC081587

PAN

AADCC1026E

Incorporation

2007, 17.9 years

Company Email

company.secretary@ge.com

Paid up Capital

₹ 13.2 Cr

Authorised Capital

₹ 25.0 Cr

AGM

Sep 2023

Type

Private
Non-government Company

FAQ - GE POWER CONVERSION INDIA PRIVATE LIMITED

What is the incorporation date of GE POWER CONVERSION INDIA PRIVATE LIMITED?

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The incorporation date of GE POWER CONVERSION INDIA PRIVATE LIMITED is 25 June, 2007

What is the authorized share capital of GE POWER CONVERSION INDIA PRIVATE LIMITED?

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The authorized share capital of GE POWER CONVERSION INDIA PRIVATE LIMITED is INR ₹ 25.0 Cr.

What is the paid-up capital of GE POWER CONVERSION INDIA PRIVATE LIMITED?

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The paid-up capital of GE POWER CONVERSION INDIA PRIVATE LIMITED is INR ₹ 13.2 Cr.

What is the registered address of GE POWER CONVERSION INDIA PRIVATE LIMITED?

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The registered address of GE POWER CONVERSION INDIA PRIVATE LIMITED is Ramnath Towers, Plot No.29(SP), 2nd Floor, Thiru vi ka Industrial Estate,Ekkatuthangal,Guindy Chennai Chennai Tamil Nadu - 600032

What is the CIN number of GE POWER CONVERSION INDIA PRIVATE LIMITED?

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The CIN number of GE POWER CONVERSION INDIA PRIVATE LIMITED is U34300TN2007PTC081587.

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