Ecl Finance Limited

NBFC providing investment banking, corporate and retail loan products, and financial support.

2005 | Mumbai, Maharashtra (India) | Active
Last Updated: November 17, 2024

Ecl Finance Profile

Key Indicators

  • Authorised Capital ₹ 674.00 Cr
  • Paid Up Capital ₹ 270.02 Cr
  • Company Age 19 Year, 7 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 13,371.96 Cr
  • Satisfied Charges ₹ 15,516.95 Cr
  • Revenue Growth -9.29%
  • Profit Growth 39.68%
  • Ebitda -20.82%
  • Net Worth 4.38%
  • Total Assets 2.08%

About Ecl Finance

Ecl Finance Limited (EFL) is a leading Public Limited Indian Non-Government Company incorporated in India on 18 July 2005 and has a history of 19 years and seven months. Its registered office is in Mumbai, Maharashtra, India.

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 2024. It's a company limited by shares with an authorized capital of Rs 674.00 Cr and a paid-up capital of Rs 270.02 Cr.

The company currently has active open charges totaling ₹13,371.96 Cr. The company has closed loans amounting to ₹15,516.95 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Ecl Finance Limited India are Inara Wadhwania as COMPANY SECRETARY and Sandeep Agarwal as Cfo. Atul Pande, Sameer Kaji, Phanindranath Kakarla, and Four other members serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    U65990MH2005PLC154854

  • Company No.

    154854

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    18 Jul 2005

  • Date of AGM

    18 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Financial Services

Who are the key members and board of directors at Ecl Finance?

Executive Team (3)

NameDesignationAppointment DateStatus
Phanindranath Kakarla Country flag representing In Managing DirectorCurrent
Inara Wadhwania Company Secretary06-Jun-2024Current
Sandeep Agarwal CFO01-Feb-2023Current

Board Members (6)

NameDesignationAppointment DateStatus
Shiva Kumar Country flag representing In Director 28-Jul-2022Current
Sameer Kaji Country flag representing In Director 29-Sep-2022Current
Rashesh Shah Country flag representing In Director 01-Aug-2013Current
Atul Pande Country flag representing In Director 13-Mar-2023Current
Kashmira Mathew Country flag representing In Whole-Time Director 19-Jan-2024Current
Aalok Gupta Country flag representing In Director 29-Sep-2022Current

Financial Performance of Ecl Finance.

Ecl Finance Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 9.29% decrease. The company also saw a substantial improvement in profitability, with a 39.68% increase in profit. The company's net worth moved up by a moderate rise of 4.38%.

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
-9.29%
Revenue from Operations
-13.90%
Total Assets
2.08%
Profit or Loss
39.68%
Net Worth
4.38%
EBITDA
-20.82%

What is the Ownership and Shareholding Structure of Ecl Finance?

In 2022, Ecl Finance 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

₹13,371.96 Cr

Satisfied Charges

₹15,516.95 Cr

Charges Breakdown by Lending Institutions

  • Others : 8999.46 Cr
  • Sbicap Trustee Company Limited : 4000.00 Cr
  • State Bank Of India : 250.00 Cr
  • Idbi Bank Limited : 100.00 Cr
  • Tata Capital Financial Services Limited : 22.50 Cr

Latest Charge Details

DateLenderAmountStatus
20 Mar 2024Others₹30.00 CrOpen
03 Jul 2023Others₹10.00 CrOpen
28 Feb 2023Tata Capital Financial Services Limited₹22.50 CrOpen
31 Dec 2022Others₹20.00 CrOpen
29 Jul 2022Idbi Bank Limited₹100.00 CrOpen

How Many Employees Work at Ecl Finance?

Ecl Finance has a workforce of 284 employees as of Mar 22, 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 Ecl Finance, 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 Ecl Finance'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 Ecl Finance

Recent activity within the organization

  • Annual General Meeting

    Ecl Finance Limited last Annual general meeting of members was held on 18 Sep 2024 as per latest MCA records.

    18 Sep 2024

  • Director Appointment

    Inara Haiyat Wadhwania was appointed as a Company Secretary was appointed as a Company Secretary on 06 Jun 2024 & has been associated with this company since 8 months 17 days .

    06 Jun 2024

  • Charges

    A charge registered on 02 Aug 2021 via Charge ID 100472353 with Others was fully satisfied on 04 Jun 2024.

    04 Jun 2024

  • Charges

    A charge registered on 08 Jul 2021 via Charge ID 100463730 with Others was fully satisfied on 04 Jun 2024.

    04 Jun 2024

  • Charges

    A charge registered on 18 Jan 2019 via Charge ID 100230734 with Sidbi was fully satisfied on 27 May 2024.

    27 May 2024

  • Charges

    A charge registered on 28 Nov 2018 via Charge ID 100218774 with Sidbi was fully satisfied on 27 May 2024.

    27 May 2024

Frequently asked questions

  • Ecl Finance Limited was incorporated on 18 Jul 2005.

  • The authorized share capital of Ecl Finance Limited is ₹ 674.00 Cr and paid-up capital is ₹ 270.02 Cr.

  • Currently 9 directors are associated with Ecl Finance Limited.

    • Atul Pande
    • Sameer Ambarish Kaji
    • Phanindranath Kakarla
    • Kashmira Joji Mathew
    • Shiva Kumar
    • Aalok Gupta
    • Inara Haiyat Wadhwania
    • Sandeep Kumar Agarwal
    • Rashesh Chandrakant Shah
  • As per Ministry of Corporate Affairs (Mca), the registered address of Ecl Finance Limited is 5Th Floor Tower 3 Wing B Kohinoor City Mall City Kirol Road, Kurla(W) India, Mumbai, Maharashtra, 400070.

  • The corporate identification number (CIN) of Ecl Finance Limited is U65990MH2005PLC154854 and the company number is 154854 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Ecl Finance Limited is https://www.eclfinance.edelweissfin.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Ecl Finance Limited has fallen by -9.29%.

  • As Per 2023 financial reports, 284 employees are currently employed by Ecl Finance Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Ecl Finance Limited has experienced an upsurge of 4.38%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Ecl Finance Limited amount to ₹ 13,371.96 Cr.

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

Similar Companies Based on NBFC