S V Electricals Limited
Add to watch list to get report alerts
BSE Code:
517534
NSE Code:
Business Profile
Business Profile
SV Electricals (SVELECT) is engaged in the manufacture of aluminum lamp caps and tungsten filaments used in general lighting service lamps. It was incorporated as a private limited company on Aug. 05, 1980 and was converted into a public limited company on Oct. 21, 1993.
Located in the Dewas district of Madhya Pradesh, the manufacturing unit has an installed capacity of 280 million electric lamp caps. Major clients of the company included Philips India, Sylvania Laxman, Surya Roshni, HMT, and Mysore Lamps. Products have been regularly exported to Southeast Asia, Middle East and Latin American countries. On account of its low profitability and obsolescence, the net worth of the company has eroded to serious levels, and the shareholders authorized the board to sell the entire assets situated at Dewas.
The registered office is at 3, Sodani Complex, 39, AB Road, Patwardhan Marg, Dewas-455001, Madhya Pradesh.
Financials
SV Electricals registered a loss of Rs 0.07 million for the quarter ended September 2008.
Total income was Rs 0.04 million for the quarter.
The company posted a loss per share of Rs 0.01 for the quarter.
Future Plans
The company proposes to diversify and venture into a new business activity.