Azad Engineering Profile
Key Indicators
- Authorised Capital ₹ 15.00 Cr
- Paid Up Capital ₹ 11.82 Cr
- Company Age 41 Year, 5 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 201.85 Cr
- Satisfied Charges ₹ 390.89 Cr
- Revenue Growth 32.20%
- Profit Growth -69.61%
- Ebitda 16.17%
- Net Worth 70.00%
- Total Assets 45.75%
About Azad Engineering
Azad Engineering Limited (AEL) is a leading Public Limited Indian Non-Government Company incorporated in India on 14 September 1983 and has a history of 41 years and five months. Its registered office is in Hyderabad, Telangana, India.
The Corporate was formerly known as Ajad Engineering Private Limited. The Company is engaged in the Machinery And Equipment Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 15.00 Cr and a paid-up capital of Rs 11.82 Cr.
The company currently has active open charges totaling ₹201.85 Cr. The company has closed loans amounting to ₹390.89 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Azad Engineering Limited India are Ful Gautam as Company Secretary, Ronak Jajoo as Cfo, and Rakesh Chopdar as Ceo. Rakesh Chopdar, Michael Booth, Vishnu Malpani, and Three other members serve as directors at the Company.
Company Details
- Location
Hyderabad, Telangana, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U74210TG1983PLC004132
- Company No.
004132
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
14 Sep 1983
- Date of AGM
26 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Hyderabad
Industry
Who are the key members and board of directors at Azad Engineering?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Ful Gautam  | Company Secretary | 29-May-2018 | Current |
| Ronak Jajoo | CFO | 14-Sep-2023 | Current |
| Rakesh Chopdar | CEO | 13-Sep-2023 | Current |
Board Members (6)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Subba Ambati | Director | 24-Sep-2023 | Current |
| Rakesh Chopdar | Whole-Time Director | 14-Aug-2003 | Current |
Michael Booth  | Director | 12-Sep-2023 | Current |
| Vishnu Malpani | Whole-Time Director | 13-Sep-2023 | Current |
| Madhusree Vemuru | Director | 12-Sep-2023 | Current |
| Jyoti Chopdar | Whole-Time Director | 01-Jul-2014 | Current |
Financial Performance of Azad Engineering.
Azad Engineering Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 32.2% increase. The company also saw a substantial fall in profitability, with a 69.61% decrease in profit. The company's net worth Soared by an impressive increase of 70%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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What is the Ownership and Shareholding Structure of Azad Engineering?
In 2023, Azad Engineering had a promoter holding of 88.66% and a public holding of 11.35%. The company had 2 Subsidiaries. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Eubios Therapeutica (India) Private LimitedSubba Ambati is a mutual person
Radhe Creations Private LimitedRakesh Chopdar is a mutual person
- Swastik Coaters Pvt Ltd
Rakesh Chopdar and Jyoti Chopdar are mutual person
- Rouland Chemicals Pvt Ltd
Rakesh Chopdar and Jyoti Chopdar are mutual person
- Azad Vtc Private Limited
Rakesh Chopdar, Madhusree Vemuru and 1 more are mutual person
- Azad Prime Private Limited
Rakesh Chopdar, Madhusree Vemuru and 1 more are mutual person
Charges (Loans)
₹201.85 Cr
₹390.89 Cr
Charges Breakdown by Lending Institutions
- Others : 160.78 Cr
- Tata Capital Financial Services Limited : 34.12 Cr
- Yes Bank Limited : 6.66 Cr
- Hdfc Bank Limited : 0.29 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 15 Nov 2023 | Yes Bank Limited | ₹0.91 M | Open |
| 13 Nov 2023 | Tata Capital Financial Services Limited | ₹15.00 Cr | Open |
| 17 Aug 2023 | Yes Bank Limited | ₹5.72 M | Open |
| 17 Aug 2023 | Others | ₹8.95 M | Open |
| 11 Aug 2023 | Yes Bank Limited | ₹1.45 M | Open |
How Many Employees Work at Azad Engineering?
Azad Engineering has a workforce of 1109 employees as of Apr 04, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Azad Engineering, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Azad Engineering's trajectory.
Rating
Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.
Alerts
Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.
