Echjay Industries Private Limited

Forging solutions for automotive, railway, oil and gas, and other industries since 1960.

1960 | Rajkot, Gujarat (India) | Active
Last Updated: July 02, 2024

Echjay Industries Profile

Key Indicators

  • Authorised Capital ₹ 105.00 Cr
  • Paid Up Capital ₹ 4.35 Cr
  • Company Age 64 Year, 1 Month
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 40.81 Cr
  • Satisfied Charges ₹ 84.92 Cr
  • Revenue Growth 34.42%
  • Profit Growth 28.43%
  • Ebitda 95.53%
  • Net Worth 10.49%
  • Total Assets 12.38%

About Echjay Industries

Echjay Industries Private Limited (EIPL) was founded in India on 31 December 1960 and has a glorious history of 64 years and one month. Its registered office is in Rajkot, Gujarat, India.

The Corporate was formerly known as Echjay Industries Limited. The Company is engaged in the Engineering 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 105.00 Cr and a paid-up capital of Rs 4.35 Cr.

The company currently has active open charges totaling ₹40.81 Cr. The company has closed loans amounting to ₹84.92 Cr, as per Ministry of Corporate Affairs (MCA) records.

Mihir Doshi, Nikita Doshi, Amita Doshi, and Four other members serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    U27200GJ1960PTC083236

  • Company No.

    083236

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    31 Dec 1960

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Engineering

What products or services does Echjay Industries Private Limited offer?

Echjay Industries Private Limited offers a wide range of products and services, including Gearbox, Axle, Sprocket & Gear Parts, Pinion, Air Intakes, Exhaust Systems & Parts, Exhaust System & System Components.

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

Executive Team (1)

Name Designation Appointment Date Status
Vinodchandra Doshi Country flag representing In Managing Director 31-Dec-1960 Current

Board Members (6)

Name Designation Appointment Date Status
Mihir Doshi Country flag representing In Additional Director 21-Feb-2024 Current
Nikita Doshi Country flag representing In Additional Director 03-Jan-2022 Current
Amita Doshi Country flag representing In Director 01-Apr-1991 Current
Deven Doshi Country flag representing In Director 29-Sep-1986 Current
Jyotiben Doshi Country flag representing In Director 01-Apr-1991 Current
Paras Doshi Country flag representing In Director 28-May-1992 Current

Financial Performance of Echjay Industries.

Echjay Industries Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 34.42% increase. The company also saw a substantial improvement in profitability, with a 28.43% increase in profit. The company's net worth Soared by an impressive increase of 10.49%.

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
34.42%
Revenue from Operations
39.94%
Total Assets
12.38%
Profit or Loss
28.43%
Net Worth
10.49%
EBITDA
95.53%

What is the Ownership and Shareholding Structure of Echjay Industries?

In 2022, Echjay Industries had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹40.81 Cr

Satisfied Charges

₹84.92 Cr

Charges Breakdown by Lending Institutions

  • Bank Of India : 34.68 Cr
  • Industrial Development Bank Of India : 3.20 Cr
  • The Industrial Credit And Investment Corpo Of India Ltd : 2.07 Cr
  • Gujrat State Financial Corporaiton : 0.28 Cr
  • The Industrial Credit And Investment Corpn Of India Ltd : 0.23 Cr
  • Others : 0.36 Cr

Latest Charge Details

Date Lender Amount Status
16 Sep 2023 Bank Of India ₹19.00 Cr Open
15 Feb 1993 Industrial Development Bank Of India ₹3.20 Cr Open
22 Mar 1991 Bank Of India ₹15.49 Cr Open
28 Sep 1984 The Industrial Development Bank Of India ₹1.60 M Open
23 Dec 1982 The Industrial Credit And Investment Corpo Of India Ltd ₹9.55 M Open

How Many Employees Work at Echjay Industries?

Echjay Industries has a workforce of 1639 employees as of Mar 28, 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 Echjay 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 Echjay 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 Echjay Industries

Recent activity within the organization

  • Director Appointment

    Mihir Deven Doshi was appointed as a Additional Director was appointed as a Additional Director on 21 Feb 2024 & has been associated with this company since 11 months 17 days .

    21 Feb 2024

  • Annual General Meeting

    Echjay Industries Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Charges

    A charge with Bank Of India amounted to Rs. 19.00 Cr with Charge ID 100805235 was registered on 16 Sep 2023.

    16 Sep 2023

  • Balance Sheet

    Echjay Industries Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ahmedabad.

    31 Mar 2023

  • Director Appointment

    Nikita Paras Doshi was appointed as a Additional Director was appointed as a Additional Director on 03 Jan 2022 & has been associated with this company since 3 years 1 month .

    03 Jan 2022

  • Charges

    A charge registered on 02 Sep 2006 via Charge ID 10019751 with State Bank Of India was fully satisfied on 08 Aug 2014.

    08 Aug 2014

Frequently asked questions

  • Echjay Industries Private Limited was incorporated on 31 Dec 1960.

  • The authorized share capital of Echjay Industries Private Limited is ₹ 105.00 Cr and paid-up capital is ₹ 4.35 Cr.

  • Currently 7 directors are associated with Echjay Industries Private Limited.

    • Mihir Deven Doshi
    • Nikita Paras Doshi
    • Amita Vinodchandra Doshi
    • Deven Vinodchandra Doshi
    • Vinodchandra Harilal Doshi
    • Jyotiben Vinodchandra Doshi
    • Paras Vinodchandra Doshi
  • As per Ministry of Corporate Affairs (Mca), the registered address of Echjay Industries Private Limited is Lalpari Lake Road, Rajkot, Gujarat, India, 360003.

  • The corporate identification number (CIN) of Echjay Industries Private Limited is U27200GJ1960PTC083236 and the company number is 083236 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Echjay Industries Private Limited is https://www.echjayindustries.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Echjay Industries Private Limited has risen by 34.42%.

  • As Per 2023 financial reports, 1639 employees are currently employed by Echjay Industries Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Echjay Industries Private Limited has experienced an upsurge of 10.49%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Echjay Industries Private Limited amount to ₹ 40.81 Cr.

  • The most recent Balance Sheet for Echjay Industries Private Limited was filed with the ROC on 31 Mar 2023.