Ece Industries Limited

Manufactures transformers and elevators for utilities and consumers.

1945 | New Delhi (India) | Active
Last Updated: December 03, 2024

Ece Industries Profile

Key Indicators

  • Authorised Capital ₹ 15.00 Cr
  • Paid Up Capital ₹ 3.78 Cr
  • Company Age 79 Year, 7 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 1,002.76 Cr
  • Satisfied Charges ₹ 978.48 Cr
  • Revenue Growth 4.09%
  • Profit Growth 42.90%
  • Ebitda 1760.75%
  • Net Worth 16.20%
  • Total Assets 16.54%

About Ece Industries

Ece Industries Limited (EIL) was founded in India on 13 June 1945 and has a glorious history of 79 years and seven months. Its registered office is in New Delhi, India.

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 2024. It's a company limited by shares with an authorized capital of Rs 15.00 Cr and a paid-up capital of Rs 3.78 Cr.

The company currently has active open charges totaling ₹1,002.76 Cr. The company has closed loans amounting to ₹978.48 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Ece Industries Limited India is Rajat Sharma as CFO. Mahendra Jajoo, Yogesh Korani, Prakash Mohta, and Two other members serve as directors at the Company.

Company Details

  • Location

    New Delhi, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U31500DL1945PLC008279

  • Company No.

    008279

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    13 Jun 1945

  • Date of AGM

    28 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Machinery and Equipment
Energy and Power

What products or services does Ece Industries Limited offer?

Ece Industries Limited offers a wide range of products and services, including Electrical & Electronic Test Devices, Energy Meter, Cranes, Forklift & Lifting Machines, Hoist, Cleaning Machines & Equipments, Floor Cleaning Machine, Elevators & Escalators, Passenger Lifts, Goods Lift.

Who are the key members and board of directors at Ece Industries?

Executive Team (2)

NameDesignationAppointment DateStatus
Prakash Mohta Country flag representing In Managing Director18-Jan-2007Current
Rajat Sharma Country flag representing In CFO07-Nov-2015Current

Board Members (4)

NameDesignationAppointment DateStatus
Mahendra Jajoo Country flag representing In Director 24-Jan-2009Current
Yogesh Korani Country flag representing In Director 14-Feb-2018Current
Sakate Khaitan Country flag representing In Director 27-May-2008Current
Maulashree Gani Country flag representing Gb Director 19-Jan-2015Current

Financial Performance of Ece Industries.

Ece Industries Limited, for the financial year ended 2022, experienced modest growth in revenue, with a 4.09% increase. The company also saw a substantial improvement in profitability, with a 42.9% increase in profit. The company's net worth Soared by an impressive increase of 16.2%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
4.09%
Revenue from Operations
7.86%
Total Assets
16.54%
Profit or Loss
42.90%
Net Worth
16.20%
EBITDA
1760.75%

What is the Ownership and Shareholding Structure of Ece Industries?

In 2021, Ece Industries had a promoter holding of 92.01% and a public holding of 8.00%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹1,002.76 Cr

Satisfied Charges

₹978.48 Cr

Charges Breakdown by Lending Institutions

  • Others : 874.54 Cr
  • Hdfc Bank Limited : 65.50 Cr
  • Axis Bank Limited : 60.00 Cr
  • Tata Capital Financial Services Limited : 2.72 Cr

Latest Charge Details

DateLenderAmountStatus
08 Oct 2024Others₹399.00 CrOpen
30 Aug 2024Others₹50.00 CrOpen
26 Aug 2024Hdfc Bank Limited₹5.00 MOpen
03 Jun 2024Axis Bank Limited₹60.00 CrOpen
30 Apr 2024Others₹3.73 MOpen

How Many Employees Work at Ece Industries?

Ece Industries has a workforce of 522 employees as of Apr 08, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Ece Industries, 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 Ece Industries's trajectory.

Rating

Graph displaying rating trends over time

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

Alert Indicator

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.

Latest Updates, News, and FAQs on Ece Industries

Recent activity within the organization

  • Charges

    A charge with Others amounted to Rs. 399.00 Cr with Charge ID 100988439 was registered on 08 Oct 2024.

    08 Oct 2024

  • Annual General Meeting

    Ece Industries Limited last Annual general meeting of members was held on 28 Sep 2024 as per latest MCA records.

    28 Sep 2024

  • Charges

    A charge with Others amounted to Rs. 50.00 Cr with Charge ID 100978312 was registered on 30 Aug 2024.

    30 Aug 2024

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.50 Cr with Charge ID 100991008 was registered on 26 Aug 2024.

    26 Aug 2024

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 60.00 Cr with Charge ID 100927244 was registered on 03 Jun 2024.

    03 Jun 2024

  • Charges

    A charge with Others amounted to Rs. 0.37 Cr with Charge ID 100927975 was registered on 30 Apr 2024.

    30 Apr 2024

Frequently asked questions

  • Ece Industries Limited was incorporated on 13 Jun 1945.

  • The authorized share capital of Ece Industries Limited is ₹ 15.00 Cr and paid-up capital is ₹ 3.78 Cr.

  • Currently 6 directors are associated with Ece Industries Limited.

    • Mahendra Kumar Jajoo
    • Yogesh Dahyalal Korani
    • Prakash Kumar Mohta
    • Sakate Khaitan
    • Maulashree Gani
    • Rajat Sharma
  • As per Ministry of Corporate Affairs (Mca), the registered address of Ece Industries Limited is Ece House 28 Akasturba Gandhi Marg India, New Delhi, 110001.

  • The corporate identification number (CIN) of Ece Industries Limited is U31500DL1945PLC008279 and the company number is 008279 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Ece Industries Limited is https://www.eceindustriesltd.com

  • According to the financial reports for the fiscal year 2022, the revenue trend for Ece Industries Limited has risen by 4.09%.

  • As Per 2022 financial reports, 522 employees are currently employed by Ece Industries Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Ece Industries Limited has experienced an upsurge of 16.20%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Ece Industries Limited amount to ₹ 1,002.76 Cr.

  • The most recent Balance Sheet for Ece Industries Limited was filed with the ROC on 31 Mar 2024.

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