Edac Engineering Limited

Engineering, procurement, and construction contractor for power projects, specializing in EPC contracts and O&M services.

1987 | Chennai, Tamil Nadu (India) | Active
Last Updated:

Edac Engineering Profile

Key Indicators

  • Authorised Capital ₹ 197.20 Cr
  • Paid Up Capital ₹ 167.39 Cr
  • Company Age 37 Year, 9 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 4.69 Cr
  • Satisfied Charges ₹ 371.02 Cr
  • Revenue Growth -40.82%
  • Profit Growth -141.23%
  • Ebitda -75.73%
  • Net Worth -3.48%
  • Total Assets -15.49%

About Edac Engineering

Edac Engineering Limited (EEL) is a leading Public Limited Indian Non-Government Company incorporated in India on 26 June 1987 and has a history of 37 years and nine months. Its registered office is in Chennai, Tamil Nadu, India.

The Corporate was formerly known as Spic Jel Engineering Private Limited. The Company is engaged in the Energy And Power 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 197.20 Cr and a paid-up capital of Rs 167.39 Cr.

The company currently has active open charges totaling ₹4.69 Cr. The company has closed loans amounting to ₹371.02 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Edac Engineering Limited India are Balraj Prabhu as CFO and Sanghamitra Sarangi as Company Secretary. Sashikala Srikanth, Soundaram Asokan, Balasubramanian Valavan, and One other member serve as directors at the Company.

Company Details

  • Location

    Chennai, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U45201TN1987PLC014584

  • Company No.

    014584

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    26 Jun 1987

  • Date of AGM

    20 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Energy and Power

What products or services does Edac Engineering Limited offer?

Edac Engineering Limited offers a wide range of products and services, including Chemical Plants & Machinery, Petrochemical Refineries, Turnkey Consultants & Solutions, Industrial project consultants, Power Project Consultancy Services, Electrical & Signaling Contractors, Power Engineering Service, Plant Design & Installation Services, Plant & Equipment Erection Services, Repair & Maintenance Services.

Who are the key members and board of directors at Edac Engineering?

Executive Team (2)

NameDesignationAppointment DateStatus
Balraj Prabhu CFO07-Sep-2024Current
Sanghamitra Sarangi Country flag representing In Company Secretary21-Feb-2024Current

Board Members (4)

NameDesignationAppointment DateStatus
Sashikala Srikanth Country flag representing In Additional Director 10-Mar-2015Current
Soundaram Asokan Country flag representing In Director 30-Apr-2013Current
Balasubramanian Valavan Country flag representing In Whole-Time Director 19-Aug-2021Current
Sethuramalingam Venkataraman Country flag representing In Director 14-Dec-2022Current

Financial Performance of Edac Engineering.

Edac Engineering Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 40.82% decrease. The company also saw a substantial fall in profitability, with a 141.23% decrease in profit. The company's net worth dipped by a decrease of 3.48%.

Edac Engineering revenue growth over time
Edac Engineering 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
-40.82%
Revenue from Operations
-47.15%
Total Assets
-15.49%
Profit or Loss
-141.23%
Net Worth
-3.48%
EBITDA
-75.73%

What is the Ownership and Shareholding Structure of Edac Engineering?

In 2022, Edac Engineering had a promoter holding of 95.75% and a public holding of 4.25%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹4.69 Cr

Satisfied Charges

₹371.02 Cr

Charges Breakdown by Lending Institutions

  • Others : 4.54 Cr
  • Standard Chartered Bank : 0.15 Cr

Latest Charge Details

DateLenderAmountStatus
13 Nov 2024Others₹3.77 MOpen
13 Nov 2024Others₹7.01 MOpen
28 Mar 2021Others₹0.85 MOpen
26 Mar 2021Others₹2.22 MOpen
26 Mar 2021Others₹4.05 MOpen

How Many Employees Work at Edac Engineering?

Edac Engineering has a workforce of 216 employees as of Apr 06, 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.

Employee growth trends for Edac Engineering Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Edac Engineering, 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 Edac Engineering'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 Edac Engineering

Recent activity within the organization

  • Charges

    A charge registered on 29 Jul 2011 via Charge ID 10301453 with Others was fully satisfied on 28 Dec 2024.

  • Charges

    A charge registered on 18 Feb 2010 via Charge ID 10211594 with Idbi Bank Limited was fully satisfied on 09 Dec 2024.

  • Charges

    A charge with Others amounted to Rs. 0.38 Cr with Charge ID 101011939 was registered on 13 Nov 2024.

  • Charges

    A charge with Others amounted to Rs. 0.70 Cr with Charge ID 101011949 was registered on 13 Nov 2024.

  • Annual General Meeting

    Edac Engineering Limited last Annual general meeting of members was held on 20 Sep 2024 as per latest MCA records.

  • Director Appointment

    Balraj Prabhu was appointed as a Cfo was appointed as a Cfo on 07 Sep 2024 & has been associated with this company since 6 months 22 days .

Frequently asked questions

  • What is the Incorporation or founding date of Edac Engineering Limited?

    Edac Engineering Limited was incorporated on 26 Jun 1987.

  • What is authorized share capital and paid-up capital of Edac Engineering Limited?

    The authorized share capital of Edac Engineering Limited is ₹ 197.20 Cr and paid-up capital is ₹ 167.39 Cr.

  • Who are the current board members & directors of Edac Engineering Limited?

    Currently 6 directors are associated with Edac Engineering Limited.

    • Sashikala Srikanth
    • Soundaram Asokan
    • Balasubramanian Valavan
    • Balraj Prabhu
    • Sanghamitra Sarangi
    • Sethuramalingam Venkataraman

  • What is the registered address of Edac Engineering Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Edac Engineering Limited is 97 Mount Road, Madras . India, Tamilnadu, Tamil Nadu, 600032.

  • What is the corporate identification number (CIN) and company number of Edac Engineering Limited?

    The corporate identification number (CIN) of Edac Engineering Limited is U45201TN1987PLC014584 and the company number is 014584 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Edac Engineering Limited?

    The Official website of Edac Engineering Limited is https://www.edacengineering.com

  • What has been the recent revenue trend for Edac Engineering Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Edac Engineering Limited has fallen by -40.82%.

  • How many employees does Edac Engineering Limited currently have?

    As Per 2023 financial reports, 216 employees are currently employed by Edac Engineering Limited.

  • What change has been observed in the net worth of Edac Engineering Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Edac Engineering Limited has experienced an downturn of -3.48%.

  • What are the total open charges for Edac Engineering Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Edac Engineering Limited amount to ₹ 4.69 Cr.

  • When was the last Balance Sheet of Edac Engineering Limited filed with the ROC?

    The most recent Balance Sheet for Edac Engineering Limited was filed with the ROC on 31 Mar 2024.

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