Edc Limited

Provides financial services and loans, incorporated in 1975, based in Goa.

1975 | Goa, Goa (India) | Active
Last Updated:

Edc Profile

Key Indicators

  • Authorised Capital ₹ 125.00 Cr
  • Paid Up Capital ₹ 100.92 Cr
  • Company Age 50 Year, 29 Days
  • 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 50 years. 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

  • Location

    Goa, Goa, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U65993GA1975SGC000214

  • Company No.

    000214

  • Company Classification

    Public Limited State Government Company

  • Incorporation Date

    12 Mar 1975

  • Date of AGM

    27 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Goa

Industry

Financial Services
Company report

Edc Limited

Explore comprehensive data for Edc Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Edc?

Executive Team (3)

NameDesignationAppointment DateStatus
Ashwin Kamat Country flag representing In CFO01-Nov-2019Current
Bhalchandra Angle Country flag representing In Managing Director01-May-2022Current
Govind Narvekar Company Secretary29-Jun-2015Current

Board Members (9)

NameDesignationAppointment DateStatus
Mark Mendes Country flag representing In Director 20-Sep-2024Current
Pramod Sawant Country flag representing In Director 30-Jan-2024Current
Candavelou Vinayagam Country flag representing In Director 20-Sep-2024Current
Lalita Afonso Country flag representing In Director 22-Sep-2017Current
Manish Pal Country flag representing In Nominee Director 12-Apr-2022Current
Chetana Shetty Director 20-Sep-2024Current

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%.

Edc revenue growth over time
Edc 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
6.40%
Revenue from Operations
3.71%
Total Assets
15.38%
Profit or Loss
-21.32%
Net Worth
11.12%
EBITDA
-15.93%

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.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹124.20 Cr

Satisfied Charges

₹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

DateLenderAmountStatus
29 Nov 2023Indian Overseas Bank₹50.00 CrOpen
29 Sep 2021Hdfc Bank Limited₹24.20 CrOpen
31 Mar 2017Others₹50.00 CrOpen
29 Sep 2017State Bank Of India₹50.00 CrSatisfied
29 Mar 2017Others₹10.00 CrSatisfied

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.

Employee growth trends for Edc Limited

Deals i

Graph showing company valuation over time

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

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 Edc

Recent activity within the organization

  • Annual General Meeting

    Edc Limited last Annual general meeting of members was held on 27 Sep 2024 as per latest MCA records.

  • Director Appointment

    Mark Anthony Mendes was appointed as a Director was appointed as a Director on 20 Sep 2024 & has been associated with this company since 6 months 20 days .

  • Director Appointment

    Candavelou Vinayagam was appointed as a Director was appointed as a Director on 20 Sep 2024 & has been associated with this company since 6 months 20 days .

  • Director Appointment

    Chetana Sridhara Shetty was appointed as a Director was appointed as a Director on 20 Sep 2024 & has been associated with this company since 6 months 20 days .

  • Director Appointment

    Jairam Rajendra Prabhu Kholkar was appointed as a Director was appointed as a Director on 20 Sep 2024 & has been associated with this company since 6 months 20 days .

  • Director Appointment

    Yatish Ajit Naik was appointed as a Director was appointed as a Director on 20 Sep 2024 & has been associated with this company since 6 months 20 days .

Frequently asked questions

  • What is the Incorporation or founding date of Edc Limited?

    Edc Limited was incorporated on 12 Mar 1975.

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

    The authorized share capital of Edc Limited is ₹ 125.00 Cr and paid-up capital is ₹ 100.92 Cr.

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

    Currently 12 directors are associated with Edc Limited.

    • Mark Anthony Mendes
    • Pramod Pandurang Sawant
    • Bhalchandra Shrikant Pai Angle
    • Candavelou Vinayagam
    • Lalita Correia Afonso
    • Manish Pal
    • Chetana Sridhara Shetty
    • Jairam Rajendra Prabhu Kholkar
    • Yatish Ajit Naik
    • Deepak Narayan Tilve
    • Govind Anant Narvekar
    • Ashwin Ashok Kamat
  • What is the registered address of Edc Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Edc Limited is Edc House, Dr. Atmaram Borkar Road Panaji India, Goa, 403001.

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

    The corporate identification number (CIN) of Edc Limited is U65993GA1975SGC000214 and the company number is 000214 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Edc Limited?

    The Official website of Edc Limited is https://www.edc-goa.com

  • What has been the recent revenue trend for Edc Limited?

    According to the financial reports for the fiscal year 2022, the revenue trend for Edc Limited has risen by 6.40%.

  • How many employees does Edc Limited currently have?

    As Per 2022 financial reports, 66 employees are currently employed by Edc Limited.

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

    The financial reports for the fiscal year 2022 indicates that The net worth of Edc Limited has experienced an upsurge of 11.12%.

  • What are the total open charges for Edc Limited?

    As per the financial statements for fiscal Year 2022, The total open charges for Edc Limited amount to ₹ 124.20 Cr.

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

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

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