Econo Valves Limited

Manufactures and sells industrial valves since 1981, based in Tamil Nadu.

1981 | Tiruvallur, Tamil Nadu (India) | Active
Last Updated: December 13, 2024

Econo Valves Profile

Key Indicators

  • Authorised Capital ₹ 2.00 Cr
  • Paid Up Capital ₹ 2.00 Cr
  • Company Age 43 Year, 6 Months
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 4.78 Cr
  • Revenue Growth -55.34%
  • Profit Growth -119.79%
  • Ebitda 55.63%
  • Net Worth -0.57%
  • Total Assets -8.35%

About Econo Valves

Econo Valves Limited (EVL) is a Public Limited Indian Non-Government Company incorporated in India on 30 July 1981 and has a history of 43 years and six months. Its registered office is in Tiruvallur, Tamil Nadu, India.

The Corporate was formerly known as Econo Valves 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 2024. It's a company limited by shares with an authorized capital of Rs 2.00 Cr and a paid-up capital of Rs 2.00 Cr.

The company has closed loans amounting to ₹4.78 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Anand Jayaswal, Siddharth Jaiswal, and Sagar Jaiswal serve as directors at the Company.

Company Details

  • Location

    Tiruvallur, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    nsslindia.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U35999TN1981PLC008916

  • Company No.

    008916

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    30 Jul 1981

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Machinery and Equipment

Who are the key members and board of directors at Econo Valves?

Board Members (3)

NameDesignationAppointment DateStatus
Anand Jayaswal Country flag representing In Director 29-Sep-2007Current
Siddharth Jaiswal Country flag representing In Director 05-Jun-2010Current
Sagar Jaiswal Country flag representing In Director 14-Oct-2022Current

Financial Performance of Econo Valves.

Econo Valves Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 55.34% decrease. The company also saw a substantial fall in profitability, with a 119.79% decrease in profit. The company's net worth dipped by a decrease of 0.57%.

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
-55.34%
Revenue from Operations
Total Assets
-8.35%
Profit or Loss
-119.79%
Net Worth
-0.57%
EBITDA
55.63%

What is the Ownership and Shareholding Structure of Econo Valves?

In 2023, Econo Valves had a public 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

₹0

Satisfied Charges

₹4.78 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of India : 4.78 Cr

Latest Charge Details

DateLenderAmountStatus
23 Jan 1998State Bank Of India₹4.65 CrSatisfied
27 Jan 1982State Bank Of India₹0.69 MSatisfied
27 Jan 1982State Bank Of India₹0.60 MSatisfied

How Many Employees Work at Econo Valves?

Econo Valves has a workforce of 0 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 Econo Valves, 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 Econo Valves'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 Econo Valves

Recent activity within the organization

  • Annual General Meeting

    Econo Valves Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Econo Valves Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.

    31 Mar 2024

  • Director Appointment

    Sagar Santosh Jaiswal was appointed as a Director was appointed as a Director on 14 Oct 2022 & has been associated with this company since 2 years 4 months .

    14 Oct 2022

  • Charges

    A charge registered on 23 Jan 1998 via Charge ID 90290163 with State Bank Of India was fully satisfied on 18 Sep 2015.

    18 Sep 2015

  • Charges

    A charge with State Bank Of India of Rs. 4.65 Cr registered on 23 Jan 1998 with Charge ID 90290163 was modified on 07 Mar 2012.

    07 Mar 2012

  • Charges

    A charge registered on 27 Jan 1982 via Charge ID 90305595 with State Bank Of India was fully satisfied on 12 Apr 2011.

    12 Apr 2011

Frequently asked questions

  • Econo Valves Limited was incorporated on 30 Jul 1981.

  • The authorized share capital of Econo Valves Limited is ₹ 2.00 Cr and paid-up capital is ₹ 2.00 Cr.

  • Currently 3 directors are associated with Econo Valves Limited.

    • Anand Jayaswal
    • Siddharth Vijay Jaiswal
    • Sagar Santosh Jaiswal
  • As per Ministry of Corporate Affairs (Mca), the registered address of Econo Valves Limited is 2/254 Mount Poonamallee Road Iyappanthangal, India, Chennai, Tamil Nadu, 600056.

  • The corporate identification number (CIN) of Econo Valves Limited is U35999TN1981PLC008916 and the company number is 008916 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Econo Valves Limited is https://www.nsslindia.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Econo Valves Limited has fallen by -55.34%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Econo Valves Limited has experienced an downturn of -0.57%.

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

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