Edel Finance Company Limited

Non-banking finance company registered with RBI, offering core investment services since 1989 in Mumbai.

1989 | Mumbai, Maharashtra (India) | Active
Last Updated: July 16, 2024

Edel Finance Company Profile

Key Indicators

  • Authorised Capital ₹ 2,785.00 Cr
  • Paid Up Capital ₹ 1,121.67 Cr
  • Company Age 35 Year, 4 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 7,725.00 Cr
  • Satisfied Charges ₹ 1,500.00 Cr
  • Revenue Growth 64.63%
  • Profit Growth 194.84%
  • Ebitda 66.91%
  • Net Worth 21.10%
  • Total Assets 38.93%

About Edel Finance Company

Edel Finance Company Limited (EFCL) is a leading Public Limited Indian Non-Government Company incorporated in India on 16 October 1989 and has a history of 35 years and four months. Its registered office is in Mumbai, Maharashtra, India.

The Corporate was formerly known as Dropadi Finance Limited. 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 2023. It's a company limited by shares with an authorized capital of Rs 2,785.00 Cr and a paid-up capital of Rs 1,121.67 Cr.

The company currently has active open charges totaling ₹7,725.00 Cr. The company has closed loans amounting to ₹1,500.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Edel Finance Company Limited India are Christina Dsouza as COMPANY SECRETARY and Ananya Suneja as Cfo. Sunil Phatarphekar, Vinod Juneja, Priyadeep Chopra, and Three other members serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    U65920MH1989PLC053909

  • Company No.

    053909

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    16 Oct 1989

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Financial Services

Who are the key members and board of directors at Edel Finance Company?

Executive Team (2)

NameDesignationAppointment DateStatus
Christina Dsouza Company Secretary07-Mar-2024Current
Ananya Suneja CFO21-Mar-2022Current

Board Members (6)

NameDesignationAppointment DateStatus
Vidya Shah Country flag representing In Whole-Time Director 28-May-2021Current
Sunil Phatarphekar Country flag representing In Director 21-Mar-2022Current
Vinod Juneja Country flag representing In Director 08-May-2017Current
Priyadeep Chopra Country flag representing In Director 24-May-2023Current
Atul Ambavat Country flag representing In Director 08-May-2017Current
Ananya Suneja Country flag representing In Whole-Time Director 11-Jan-2024Current

Financial Performance of Edel Finance Company.

Edel Finance Company Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 64.63% increase. The company also saw a substantial improvement in profitability, with a 194.84% increase in profit. The company's net worth Soared by an impressive increase of 21.1%.

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
64.63%
Revenue from Operations
115.41%
Total Assets
38.93%
Profit or Loss
194.84%
Net Worth
21.10%
EBITDA
66.91%

What is the Ownership and Shareholding Structure of Edel Finance Company?

In 2023, Edel Finance Company had a promoter holding of 100.00%. The company had 5 Subsidiaries 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

₹7,725.00 Cr

Satisfied Charges

₹1,500.00 Cr

Charges Breakdown by Lending Institutions

  • Others : 6675.00 Cr
  • Sbicap Trustee Company Limited : 1000.00 Cr
  • The Catholic Syrian Bank Ltd : 50.00 Cr

Latest Charge Details

DateLenderAmountStatus
18 Jan 2024Others₹100.00 CrOpen
18 Jan 2024Others₹200.00 CrOpen
21 Sep 2023Others₹275.00 CrOpen
27 Feb 2023Others₹500.00 CrOpen
23 Feb 2023Others₹450.00 CrOpen

How Many Employees Work at Edel Finance Company?

Edel Finance Company has a workforce of 2 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Edel Finance Company, 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 Edel Finance Company'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 Edel Finance Company

Recent activity within the organization

  • Director Appointment

    Christina Josephine Dsouza was appointed as a Company Secretary was appointed as a Company Secretary on 07 Mar 2024 & has been associated with this company since 11 months 16 days .

    07 Mar 2024

  • Charges

    A charge with Others amounted to Rs. 100.00 Cr with Charge ID 100862280 was registered on 18 Jan 2024.

    18 Jan 2024

  • Charges

    A charge with Others amounted to Rs. 200.00 Cr with Charge ID 100862319 was registered on 18 Jan 2024.

    18 Jan 2024

  • Director Appointment

    Ananya Suneja was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 11 Jan 2024 & has been associated with this company since 1 year 1 month .

    11 Jan 2024

  • Charges

    A charge registered on 15 Mar 2021 via Charge ID 100433662 with Others was fully satisfied on 31 Dec 2023.

    31 Dec 2023

  • Annual General Meeting

    Edel Finance Company Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

Frequently asked questions

  • Edel Finance Company Limited was incorporated on 16 Oct 1989.

  • The authorized share capital of Edel Finance Company Limited is ₹ 2,785.00 Cr and paid-up capital is ₹ 1,121.67 Cr.

  • Currently 8 directors are associated with Edel Finance Company Limited.

    • Christina Josephine Dsouza
    • Sunil Nawal Phatarphekar
    • Vinod Anand Juneja
    • Priyadeep Chopra
    • Atul Jayesh Ambavat
    • Vidya Shah
    • Ananya Suneja
    • Ananya Suneja
  • As per Ministry of Corporate Affairs (Mca), the registered address of Edel Finance Company Limited is Edelweiss House Off. C.S.T Road Kalina, Mumbai, Maharashtra, India, 400098.

  • The corporate identification number (CIN) of Edel Finance Company Limited is U65920MH1989PLC053909 and the company number is 053909 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Edel Finance Company Limited is https://www.edelfinance.edelweissfin.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Edel Finance Company Limited has risen by 64.63%.

  • As Per 2023 financial reports, 2 employees are currently employed by Edel Finance Company Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Edel Finance Company Limited has experienced an upsurge of 21.10%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Edel Finance Company Limited amount to ₹ 7,725.00 Cr.

  • The most recent Balance Sheet for Edel Finance Company Limited was filed with the ROC on 31 Mar 2023.

Similar Companies Based on Core Investment Companies