Easyaccess Financial Services Profile
Key Indicators
- Authorised Capital ₹ 170.00 Cr
- Paid Up Capital ₹ 24.67 Cr
- Company Age 19 Year, 9 Months
- Last Filing with ROC 31 Mar 2023
- Satisfied Charges ₹ 615.00 Cr
- Revenue Growth -44.88%
- Profit Growth 2257.17%
- Ebitda 159.80%
- Net Worth -36.02%
- Total Assets -35.00%
About Easyaccess Financial Services
Easyaccess Financial Services Limited (EFSL) is a leading Public Limited Indian Non-Government Company incorporated in India on 19 May 2005 and has a history of 19 years and nine months. Its registered office is in Chennai, Tamil Nadu, India.
The Corporate was formerly known as Easyaccess Financial Services Private Limited. The Company is engaged in the Financial Services 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 170.00 Cr and a paid-up capital of Rs 24.67 Cr.
The company has closed loans amounting to ₹615.00 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Easyaccess Financial Services Limited India are Sudarsan Kasturi as CFO and Jayaraman Bhuvaneswari as Company Secretary. Santhanakrishnan Subramaniam, Krishnan Ramanathan, Muthukumaran Krishnamurthy, and Three other members serve as directors at the Company.
Company Details
- Location
Chennai, Tamil Nadu, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media -
Corporate Identity Details
- CIN/LLPIN
U65999TN2005PLC069447
- Company No.
069447
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
19 May 2005
- Date of AGM
07 Aug 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Chennai
Industry
Who are the key members and board of directors at Easyaccess Financial Services?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Muthukumaran Krishnamurthy  | Managing Director | 03-May-2013 | Current |
| Sudarsan Kasturi | CFO | 15-Oct-2018 | Current |
| Jayaraman Bhuvaneswari | Company Secretary | 03-Mar-2020 | Current |
Board Members (5)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Sandhya Rajan | Director | 27-May-2019 | Current |
| Santhanakrishnan Subramaniam | Director | 10-Jan-2008 | Current |
| Krishnan Ramanathan | Director | 30-Mar-2015 | Current |
| Srinivasan Ramanathan | Director | 25-Jan-2008 | Current |
Jayachandran Reddy  | Director | 02-May-2014 | Current |
Financial Performance of Easyaccess Financial Services.
Easyaccess Financial Services Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 44.88% decrease. The company also saw a substantial improvement in profitability, with a 2257.17% increase in profit. The company's net worth observed a substantial decline by a decrease of 36.02%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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What is the Ownership and Shareholding Structure of Easyaccess Financial Services?
In 2023, Easyaccess Financial Services had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Napier Healthcare Solutions (India) Private LimitedJayachandran Reddy is a mutual person
India Cements Capital LimitedSandhya Rajan is a mutual person
Hcl Technologies LimitedSrinivasan Ramanathan is a mutual person
Kusalava International LimitedMuthukumaran Krishnamurthy is a mutual person
The India Cements LimitedSandhya Rajan is a mutual person
- Coromandel Travels Limited
Sandhya Rajan is a mutual person
Charges (Loans)
₹0
₹615.00 Cr
Charges Breakdown by Lending Institutions
- Yes Bank Limited : 190.00 Cr
- Idbi Bank Limited : 70.00 Cr
- Indian Overseas Bank : 60.00 Cr
- Indusind Bank Limited : 60.00 Cr
- Abn Amro Bank N.V : 40.00 Cr
- Others : 195.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 27 Jul 2017 | Standard Chartered Bank | ₹25.00 Cr | Satisfied |
| 12 Jul 2017 | Others | ₹15.00 Cr | Satisfied |
| 24 Jun 2011 | Kotak Mahindra Bank Limited | ₹15.00 Cr | Satisfied |
| 23 Mar 2011 | Ing Vysya Bank Limited | ₹25.00 Cr | Satisfied |
| 14 Sep 2009 | Indusind Bank Limited | ₹60.00 Cr | Satisfied |
How Many Employees Work at Easyaccess Financial Services?
Easyaccess Financial Services has a workforce of 6 employees as of Apr 07, 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 Easyaccess Financial Services, 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 Easyaccess Financial Services'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.
