Economist Communications Limited

Publishes business magazine and other forms of communication, established in 1993.

1993 | Guindy,Chennai 32., Tamil Nadu (India) | Active
Last Updated: June 24, 2024

Economist Communications Profile

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 8.39 M
  • Company Age 31 Year, 6 Months
  • Last Filing with ROC 31 Mar 2023
  • Satisfied Charges ₹ 9.90 M
  • Revenue Growth 38.25%
  • Profit Growth 86.16%
  • Ebitda -23.94%
  • Net Worth 5.21%
  • Total Assets 9.43%

About Economist Communications

Economist Communications Limited (ECL) is a Public Limited Indian Non-Government Company incorporated in India on 08 July 1993 and has a history of 31 years and six months. Its registered office is in Guindy,Chennai 32., Tamil Nadu, India.

The Company is engaged in the Media And Publishing 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 1.00 Cr and a paid-up capital of Rs 8.39 M.

The company has closed loans amounting to ₹9.90 M, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Padma Viswanathan, Panchapagesan Vaidyanathan, Ramamurthy Thyagarajan, and One other member serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    U22219TN1993PLC025407

  • Company No.

    025407

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    08 Jul 1993

  • Date of AGM

    31 Aug 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Media and Publishing

Who are the key members and board of directors at Economist Communications?

Board Members (4)

NameDesignationAppointment DateStatus
Padma Viswanathan Country flag representing In Whole-Time Director 08-Jul-1993Current
Panchapagesan Vaidyanathan Country flag representing In Director 21-Dec-1999Current
Ramamurthy Thyagarajan Country flag representing In Director 11-Jun-2002Current
Anitha Radhakrishnan Country flag representing In Director 27-Oct-2022Current

Financial Performance of Economist Communications.

Economist Communications Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 38.25% increase. The company also saw a substantial improvement in profitability, with a 86.16% increase in profit. The company's net worth moved up by a moderate rise of 5.21%.

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
38.25%
Revenue from Operations
17.77%
Total Assets
9.43%
Profit or Loss
86.16%
Net Worth
5.21%
EBITDA
-23.94%

What is the Ownership and Shareholding Structure of Economist Communications?

In 2023, Economist Communications had a promoter holding of 80.98% and a public holding of 19.02%. 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

₹0.99 Cr

Charges Breakdown by Lending Institutions

  • Indian Overseas Bank : 0.99 Cr

Latest Charge Details

DateLenderAmountStatus
18 Sep 2010Indian Overseas Bank₹1.20 MSatisfied
08 Aug 2001Indian Overseas Bank₹8.70 MSatisfied

How Many Employees Work at Economist Communications?

Unlock and access historical data on people associated with Economist Communications, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Economist Communications, 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 Economist Communications'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 Economist Communications

Recent activity within the organization

  • Annual General Meeting

    Economist Communications Limited last Annual general meeting of members was held on 31 Aug 2023 as per latest MCA records.

    31 Aug 2023

  • Balance Sheet

    Economist Communications Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chennai.

    31 Mar 2023

  • Director Appointment

    Anitha Radhakrishnan was appointed as a Director was appointed as a Director on 27 Oct 2022 & has been associated with this company since 2 years 3 months .

    27 Oct 2022

  • Charges

    A charge registered on 18 Sep 2010 via Charge ID 10239320 with Indian Overseas Bank was fully satisfied on 05 Jan 2017.

    05 Jan 2017

  • Charges

    A charge with Indian Overseas Bank amounted to Rs. 0.12 Cr with Charge ID 10239320 was registered on 18 Sep 2010.

    18 Sep 2010

  • Charges

    A charge registered on 08 Aug 2001 via Charge ID 90282342 with Indian Overseas Bank was fully satisfied on 18 Sep 2010.

    18 Sep 2010

Frequently asked questions

  • Economist Communications Limited was incorporated on 08 Jul 1993.

  • The authorized share capital of Economist Communications Limited is ₹ 1.00 Cr and paid-up capital is ₹ 8.39 M.

  • Currently 4 directors are associated with Economist Communications Limited.

    • Padma Viswanathan
    • Panchapagesan Vaidyanathan
    • Ramamurthy Thyagarajan
    • Anitha Radhakrishnan
  • As per Ministry of Corporate Affairs (Mca), the registered address of Economist Communications Limited is S-15Industrial EstateGuindyChennai 32. GuindyChennai 32., Tamil Nadu, India, 600032.

  • The corporate identification number (CIN) of Economist Communications Limited is U22219TN1993PLC025407 and the company number is 025407 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Economist Communications Limited is https://www.industrialeconomist.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Economist Communications Limited has risen by 38.25%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Economist Communications Limited has experienced an upsurge of 5.21%.

  • The most recent Balance Sheet for Economist Communications Limited was filed with the ROC on 31 Mar 2023.

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