Economic Express Profile
Key Indicators
- Authorised Capital ₹ 6.00 M
as on 20-06-2024
- Paid Up Capital ₹ 5.72 M
as on 20-06-2024
- Company Age 28 Year, 10 Months
- Last Filing with ROC 31 Mar 2023
- Revenue -68.24%
(FY 2022)
- Profit 36.59%
(FY 2022)
- Ebitda 38.60%
(FY 2022)
- Net Worth -18.78%
(FY 2022)
- Total Assets -19.06%
(FY 2022)
About Economic Express
The Company is engaged in the Transport And Logistics 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 6.00 M and a paid-up capital of Rs 5.72 M, as per Ministry of Corporate Affairs (MCA) records.
Akshat Agrawal, Rajiv Agrawal, and Arun Jain serve as directors at the Company.
- CIN/LLPIN
U60231MP1996PTC010460
- Company No.
010460
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
05 Feb 1996
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Gwalior
Industry
Company Details
- Location
Indore, Madhya Pradesh, India
- Telephone
- Email Address
- Website
- Social Media-
Who are the key members and board of directors at Economic Express?
Board Members(3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Akshat Agrawal  | Director | Current | |
| Rajiv Agrawal | Director | 05-Feb-1996 | Current |
| Arun Jain | Director | 05-Feb-1996 | Current |
Financial Performance of Economic Express.
Economic Express Pvt. Ltd, for the financial year ended 2022, experienced significant reduction in revenue, with a 68.24% decrease. The company also saw a substantial improvement in profitability, with a 36.59% increase in profit. The company's net worth observed a substantial decline by a decrease of 18.78%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metric |
| (FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
| ||||||
| Revenue from Operations |
| ||||||
| Total Assets |
| ||||||
| Profit or Loss |
| ||||||
| Net Worth |
| ||||||
| EBITDA |
|
What is the Ownership and Shareholding Structure of Economic Express?
In 2021, Economic Express had a promoter holding of 32.49% and a public holding of 67.51%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Plus Logistics LimitedActive 35 years 10 monthsAkshat Agrawal, Rajiv Agrawal and 1 more are mutual person
- Paras Online Services LimitedActive 28 years 6 months
Akshat Agrawal, Rajiv Agrawal and 1 more are mutual person
Charges (Loans)
There are no open charges registered against the company as per our records.
How Many Employees Work at Economic Express?
Unlock and access historical data on people associated with Economic Express, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Economic Express, 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 Economic Express'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.
