Eddy Current Controls India Ltd

Manufacturer of eddy current drives and controls for various industries since 1971.

1971 | Thrissur, Kerala (India) | Active
Last Updated: November 17, 2024

Eddy Current Controls India Profile

Key Indicators

  • Authorised Capital ₹ 2.00 Cr
  • Paid Up Capital ₹ 5.24 M
  • Company Age 53 Year, 8 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 2.50 Cr
  • Satisfied Charges ₹ 2.13 Cr
  • Revenue Growth 94.74%
  • Profit Growth 745.08%
  • Ebitda 1357.16%
  • Net Worth 34.51%
  • Total Assets 55.17%

About Eddy Current Controls India

Eddy Current Controls India Ltd (ECCIL) was founded in India on 01 June 1971 and has a glorious history of 53 years and eight months. Its registered office is in Thrissur, Kerala, India.

The Company is engaged in the Machinery And Equipment 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 2.00 Cr and a paid-up capital of Rs 5.24 M.

The company currently has active open charges totaling ₹2.50 Cr. The company has closed loans amounting to ₹2.13 Cr, as per Ministry of Corporate Affairs (MCA) records.

Moonjely Davis, Reetha, Kannampuzha Jose, and One other member serve as directors at the Company.

Company Details

  • Location

    Thrissur, Kerala, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U31200KL1971PLC002356

  • Company No.

    002356

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    01 Jun 1971

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ernakulam

Industry

Machinery and Equipment
Energy and Power

What products or services does Eddy Current Controls India Ltd offer?

Eddy Current Controls India Ltd offers a wide range of products and services, including Electrical & Electronic Test Devices, Dynamometer, Industrial & Engineering Goods, Crusher Spare Parts, Electric Motors and Components, DC Motor, Metal Castings, Stainless Steel Casting, Alloy Steel Casting, Die Casting & Investment Castings.

Who are the key members and board of directors at Eddy Current Controls India?

Board Members (4)

Name Designation Appointment Date Status
Moonjely Davis Country flag representing In Director 15-Dec-1989 Current
Reetha Country flag representing In Director 07-Oct-1995 Current
Kannampuzha Jose Country flag representing In Director 01-Oct-2020 Current
Moonjely Jos Country flag representing In Director 13-Aug-2012 Current

Financial Performance of Eddy Current Controls India.

Eddy Current Controls India Ltd, for the financial year ended 2023, experienced significant growth in revenue, with a 94.74% increase. The company also saw a substantial improvement in profitability, with a 745.08% increase in profit. The company's net worth Soared by an impressive increase of 34.51%.

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
94.74%
Revenue from Operations
99.35%
Total Assets
55.17%
Profit or Loss
745.08%
Net Worth
34.51%
EBITDA
1357.16%

What is the Ownership and Shareholding Structure of Eddy Current Controls India?

In 2023, Eddy Current Controls India had a promoter holding of 20.20% and a public holding of 79.80%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹2.50 Cr

Satisfied Charges

₹2.13 Cr

Charges Breakdown by Lending Institutions

  • Indian Bank : 2.50 Cr

Latest Charge Details

Date Lender Amount Status
25 Nov 2002 Indian Bank ₹1.50 M Open
03 Jul 1995 Indian Bank ₹2.27 Cr Open
08 Feb 1973 Indian Bank ₹0.80 M Open
13 Mar 2000 Technology Development Board ₹1.15 Cr Satisfied
12 Feb 1996 Industrial Development Bank Of India ₹1.80 M Satisfied

How Many Employees Work at Eddy Current Controls India?

Eddy Current Controls India has a workforce of 3 employees as of Apr 07, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Eddy Current Controls India, 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 Eddy Current Controls India'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 Eddy Current Controls India

Recent activity within the organization

  • Annual General Meeting

    Eddy Current Controls India Ltd last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Eddy Current Controls India Ltd has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ernakulam.

    31 Mar 2024

  • Charges

    A charge with Indian Bank of Rs. 2.27 Cr registered on 03 Jul 1995 with Charge ID 90022151 was modified on 18 Apr 2022.

    18 Apr 2022

  • Director Appointment

    Kannampuzha Joseph Jose was appointed as a Director was appointed as a Director on 01 Oct 2020 & has been associated with this company since 4 years 4 months .

    01 Oct 2020

  • Director Appointment

    Moonjely Mathew Jos was appointed as a Director was appointed as a Director on 13 Aug 2012 & has been associated with this company since 12 years 5 months .

    13 Aug 2012

  • Charges

    A charge registered on 13 Mar 2000 via Charge ID 90022528 with Technology Development Board was fully satisfied on 30 Sep 2011.

    30 Sep 2011

Frequently asked questions

  • Eddy Current Controls India Ltd was incorporated on 01 Jun 1971.

  • The authorized share capital of Eddy Current Controls India Ltd is ₹ 2.00 Cr and paid-up capital is ₹ 5.24 M.

  • Currently 4 directors are associated with Eddy Current Controls India Ltd.

    • Moonjely Jos Davis
    • Reetha
    • Kannampuzha Joseph Jose
    • Moonjely Mathew Jos
  • As per Ministry of Corporate Affairs (Mca), the registered address of Eddy Current Controls India Ltd is Eddypurampotta P O Chalakudy India, Trichur, Kerala, 680722.

  • The corporate identification number (CIN) of Eddy Current Controls India Ltd is U31200KL1971PLC002356 and the company number is 002356 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Eddy Current Controls India Ltd is https://www.eddyindia.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Eddy Current Controls India Ltd has risen by 94.74%.

  • As Per 2023 financial reports, 3 employees are currently employed by Eddy Current Controls India Ltd.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Eddy Current Controls India Ltd has experienced an upsurge of 34.51%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Eddy Current Controls India Ltd amount to ₹ 2.50 Cr.

  • The most recent Balance Sheet for Eddy Current Controls India Ltd was filed with the ROC on 31 Mar 2024.

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