Transformers and Electricals Kerala Limited has been a leading player in the electrical industry for decades. The company has a rich history of innovation and growth.
Its financial performance has been impressive, with a net worth of ₹25.16 crores as of March 2022. This is a testament to the company's ability to manage its finances effectively.
The company's operational efficiency is also noteworthy, with a turnover of ₹123.83 crores in the financial year 2020-21. This significant revenue is a result of the company's strong market presence and customer base.
The company's management team has been instrumental in driving growth and expansion, with a focus on sustainable business practices.
Financial Performance
The financial performance of Transformers and Electricals Kerala Limited has been a mixed bag over the years.
In terms of sales, the company has seen a significant increase from Mar 2007 to Mar 2008, with sales rising from Rs. 145 crores to Rs. 188 crores. However, this trend was not consistent, and sales dipped to Rs. 130 crores in Mar 2016.
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Expenses have also been a concern, with the company's expenses increasing from Rs. 162 crores in Mar 2007 to Rs. 167 crores in Mar 2016. This has resulted in a decline in operating profit margin (OPM) from -11% in Mar 2007 to -10% in Mar 2016.
The company's operating profit has been fluctuating over the years, with a high of Rs. 47 crores in Mar 2009 and a low of -34 crores in Mar 2015. This is reflected in the OPM%, which has ranged from -26% in Mar 2015 to 22% in Mar 2009.
Here is a breakdown of the company's operating profit and OPM% over the years:
The company's net profit has also been affected, with a high of Rs. 31 crores in Mar 2009 and a low of -23 crores in Mar 2015.
Financial Reports
Transformers and Electricals Kerala Limited's financial reports show a steady trend in their balance sheet.
Their total liabilities have consistently been around the same amount from 2017 to 2021, with a slight fluctuation in 2020.
The company's equity capital has been a significant portion of their assets, making up a substantial 50% of their total liabilities in 2017.
In 2018, their trade payables accounted for a significant portion of their total liabilities, around 25% of the total.
Their fixed assets have been a major contributor to their total assets, with tangible assets making up a significant portion of their fixed assets.
Here's a breakdown of their total assets and liabilities from 2017 to 2021:
Their current assets have also been a significant portion of their total assets, with cash and cash equivalents making up a substantial portion of their current assets.
Business Operations
Transformers and Electricals Kerala Limited (KEL) operates its business through various divisions, with the Transformer Division being a major player in the industry. This division was established in 1969 and is located at Mamala, about 15 km from Kochi.
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The Transformer Division has a rolling out capacity of 1500 MVA per annum and boasts a long list of satisfied clients, many of whom have stood by KEL for decades. The division is known for its highly durable, reliable, and energy-efficient transformers.
KEL's transformers are designed to meet stringent requirements and trends, with the company's resourceful design department using state-of-the-art software to design world-class transformers. The company has also obtained BIS Certification for Distribution Transformers and ISO 9001 Certification.
The Transformer Division of KEL offers a range of products, including:
- Distribution Transformers upto and including 2500 kVA, 33 kV Class
- Power Transformers upto 20 MVA, 66 kV Class
- Corrugation Transformers upto 1000 kVA, 22 kV Class
- Special Application Transformers such as EMU, LOCO Transformers for Railway application.
- Dynamic Reactive Power Compensation and Furnace Transformers
- Solar Transformers
- Amorphous Transformers
KEL's commitment to quality is evident in its adherence to the ISO 9001 Quality Management System, which covers all stages of the transformer manufacturing process, from enquiry to design, procurement, manufacturing, testing, erection, commissioning, and servicing.
Management
The management team at Transformers and Electricals Kerala Limited is comprised of experienced professionals.
The company has a total of seven directors, including a Managing Director and six Nominee Directors.
Neeraj Mittal serves as the Managing Director of the company.
Here is a list of the Nominee Directors:
Pricing and Sales
At Transformers and Electricals Kerala Limited, you can get started with their services for a price of ₹ 449 + GST. This gives you access to one company dashboard.
The company offers a simple pricing plan, with no hidden fees or complicated packages. You get exactly what you pay for.
To use their services, you'll need to purchase credits, with each credit granting you access to one company dashboard.
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