Edc Profile
Key Indicators
- Authorised Capital ₹ 125.00 Cr
- Paid Up Capital ₹ 100.92 Cr
- Company Age 49 Year, 10 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 124.20 Cr
- Satisfied Charges ₹ 210.00 Cr
- Revenue Growth 6.40%
- Profit Growth -21.32%
- Ebitda -15.93%
- Net Worth 11.12%
- Total Assets 15.38%
About Edc
Edc Limited (EL) is a leading Public Limited State Government Company incorporated in India on 12 March 1975 and has a history of 49 years and ten months. Its registered office is in Goa, Goa, 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 125.00 Cr and a paid-up capital of Rs 100.92 Cr.
The company currently has active open charges totaling ₹124.20 Cr. The company has closed loans amounting to ₹210.00 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Edc Limited India are Govind Narvekar as COMPANY SECRETARY and Ashwin Kamat as Cfo. Mark Mendes, Pramod Sawant, Bhalchandra Angle, and Seven other members serve as directors at the Company.
Company Details
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Location
Goa, Goa, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media
Corporate Identity Details
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CIN/LLPIN
U65993GA1975SGC000214
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Company No.
000214
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Company Classification
Public Limited State Government Company
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Incorporation Date
12 Mar 1975
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Date of AGM
27 Sep 2024
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Date of Balance Sheet
31 Mar 2024
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Listing Status
Unlisted
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ROC Code
Roc Goa
Industry
Who are the key members and board of directors at Edc?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Ashwin Kamat
|
CFO | 01-Nov-2019 | Current |
|
Bhalchandra Angle
|
Managing Director | 01-May-2022 | Current |
| Govind Narvekar | Company Secretary | 29-Jun-2015 | Current |
Board Members (9)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
|
Mark Mendes
|
Director | 20-Sep-2024 | Current |
|
Pramod Sawant
|
Director | 30-Jan-2024 | Current |
|
Candavelou Vinayagam
|
Director | 20-Sep-2024 | Current |
|
Lalita Afonso
|
Director | 22-Sep-2017 | Current |
|
Manish Pal
|
Nominee Director | 12-Apr-2022 | Current |
| Chetana Shetty | Director | 20-Sep-2024 | Current |
Financial Performance of Edc.
Edc Limited, for the financial year ended 2022, experienced modest growth in revenue, with a 6.4% increase. The company also saw a substantial fall in profitability, with a 21.32% decrease in profit. The company's net worth Soared by an impressive increase of 11.12%.
- Key Matrics
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What is the Ownership and Shareholding Structure of Edc?
In 2022, Edc had a promoter holding of 100.00%. The company had 1 Subsidiary and 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
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Imagine Panaji Smart City Development LimitedCandavelou Vinayagam is a mutual person
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Goa Tourism Development Corporation LimitedCandavelou Vinayagam is a mutual person
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Goa State Infrastructure Development Corporation LimitedPramod Sawant and Candavelou Vinayagam are mutual person
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Goa Electronics LimitedPramod Sawant and Bhalchandra Angle are mutual person
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Goa Antibiotics And Pharmaceuticals LimitedBhalchandra Angle is a mutual person
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De Nora India LimitedLalita Afonso is a mutual person
Charges (Loans)
₹124.20 Cr
₹210.00 Cr
Charges Breakdown by Lending Institutions
- Others : 50.00 Cr
- Indian Overseas Bank : 50.00 Cr
- Hdfc Bank Limited : 24.20 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 29 Nov 2023 | Indian Overseas Bank | ₹50.00 Cr | Open |
| 29 Sep 2021 | Hdfc Bank Limited | ₹24.20 Cr | Open |
| 31 Mar 2017 | Others | ₹50.00 Cr | Open |
| 29 Sep 2017 | State Bank Of India | ₹50.00 Cr | Satisfied |
| 29 Mar 2017 | Others | ₹10.00 Cr | Satisfied |
How Many Employees Work at Edc?
Edc has a workforce of 66 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Edc, 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 Edc'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.
