Eimco Elecon (India ) Limited

This company manufactures underground mining equipment and tools, including loaders and dumpers, for coal mines.

1974 | Anand, Gujarat (India) | Active
Last Updated:

Eimco Elecon (India ) Profile

Key Indicators

  • Authorised Capital ₹ 10.00 Cr
  • Paid Up Capital ₹ 5.77 Cr
  • Company Age 50 Year, 8 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 101.00 Cr
  • Satisfied Charges ₹ 45.82 Cr
  • Revenue Growth 95.66%
  • Profit Growth 144.94%
  • Ebitda 163.57%
  • Net Worth 5.83%
  • Total Assets 6.81%

About Eimco Elecon (India )

Eimco Elecon (India ) Limited (EEIL) is a leading Public Limited Indian Non-Government Company incorporated in India on 31 July 1974 and has a history of 50 years and eight months. Its registered office is in Anand, Gujarat.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 523708 and on the National Stock Exchange(NSE) under EIMCOELECO.

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 2023. It's a company limited by shares with an authorized capital of Rs 10.00 Cr and a paid-up capital of Rs 5.77 Cr.

The company currently has active open charges totaling ₹101.00 Cr. The company has closed loans amounting to ₹45.82 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Eimco Elecon (India ) Limited India are Vishal Begwani as CFO and Rikenkumar Dalwadi as Company Secretary. Pradip Patel, Prayasvin Patel, Reena Pravin, and Five other members serve as directors at the Company.

Company Details

  • Location Anand, Gujarat
  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    L29199GJ1974PLC002574

  • Company No.

    002574

  • Stock Symbol

    BSE : 523708 NSE : EIMCOELECO

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    31 Jul 1974

  • Date of AGM

    28 Jun 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Listed

  • ROC Code

    Roc Ahmedabad

Industry

Machinery and Equipment

What products or services does Eimco Elecon (India ) Limited offer?

Eimco Elecon (India ) Limited offers a wide range of products and services, including Drilling & Boring Equipment, Drilling Rigs, Pumps, Pumping Machines & Spares, Piston Pumps, Material Handling Machines & Systems, Industrial Hopper, Drum Handling Equipment, Elevators & Escalators, Goods Lift, Radial Piston Motor.

Company report

Eimco Elecon (India ) Limited

Explore comprehensive data for Eimco Elecon (India ) Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Eimco Elecon (India )?

Executive Team (2)

NameDesignationAppointment DateStatus
Vishal Begwani Country flag representing In CFO01-Oct-2021Current
Rikenkumar Dalwadi Country flag representing In Company Secretary29-Jan-2019Current

Board Members (8)

NameDesignationAppointment DateStatus
Venkatraman Srinivasan Country flag representing In Director 24-Apr-2023Current
Pradip Patel Country flag representing In Director 11-Jan-1996Current
Prayasvin Patel Country flag representing In Whole-Time Director 09-May-1992Current
Reena Pravin Country flag representing In Director 09-Nov-2016Current
Manjula Shroff Country flag representing In Director 02-Feb-2015Current
Jai Diwanji Country flag representing In Director 04-Apr-2024Current

Financial Performance of Eimco Elecon (India ).

Eimco Elecon (India ) Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 95.66% increase. The company also saw a substantial improvement in profitability, with a 144.94% increase in profit. The company's net worth moved up by a moderate rise of 5.83%.

Eimco Elecon (India ) revenue growth over time
Eimco Elecon (India ) 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
95.66%
Revenue from Operations
104.51%
Total Assets
6.81%
Profit or Loss
144.94%
Net Worth
5.83%
EBITDA
163.57%

What is the Ownership and Shareholding Structure of Eimco Elecon (India )?

In 2023, Eimco Elecon (India ) had a promoter holding of 74.06% and a public holding of 25.94%. The company had 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

₹101.00 Cr

Satisfied Charges

₹45.82 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of India : 65.00 Cr
  • Axis Bank Limited : 36.00 Cr

Latest Charge Details

DateLenderAmountStatus
26 Dec 2023Axis Bank Limited₹36.00 CrOpen
09 Feb 2009State Bank Of India₹24.00 CrOpen
14 Mar 1992State Bank Of India₹41.00 CrOpen
18 Mar 2019State Bank Of India₹1.42 CrSatisfied
08 May 2017Others₹5.00 CrSatisfied

How Many Employees Work at Eimco Elecon (India )?

Eimco Elecon (India ) has a workforce of 117 employees as of Apr 05, 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 Eimco Elecon (India ) Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Eimco Elecon (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 Eimco Elecon (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 Eimco Elecon (India )

Recent activity within the organization

  • Director Appointment

    Jai Shishir Diwanji was appointed as a Director was appointed as a Director on 04 Apr 2024 & has been associated with this company since 1 year 22 days .

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 36.00 Cr with Charge ID 100840861 was registered on 26 Dec 2023.

  • Annual General Meeting

    Eimco Elecon (India ) Limited last Annual general meeting of members was held on 28 Jun 2023 as per latest MCA records.

  • Director Appointment

    Venkatraman Srinivasan was appointed as a Director was appointed as a Director on 24 Apr 2023 & has been associated with this company since 2 years 3 days .

  • Balance Sheet

    Eimco Elecon (India ) Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ahmedabad.

  • Charges

    A charge with State Bank Of India of Rs. 24.00 Cr registered on 09 Feb 2009 with Charge ID 10140500 was modified on 19 Sep 2022.

Frequently asked questions

  • What is the Incorporation or founding date of Eimco Elecon (India ) Limited?

    Eimco Elecon (India ) Limited was incorporated on 31 Jul 1974.

  • What is authorized share capital and paid-up capital of Eimco Elecon (India ) Limited?

    The authorized share capital of Eimco Elecon (India ) Limited is ₹ 10.00 Cr and paid-up capital is ₹ 5.77 Cr.

  • Who are the current board members & directors of Eimco Elecon (India ) Limited?

    Currently 10 directors are associated with Eimco Elecon (India ) Limited.

    • Pradip Manubhai Patel
    • Prayasvin Patel
    • Reena Bhagwati Pravin
    • Venkatraman Srinivasan
    • Manjula Devi Shroff
    • Jai Shishir Diwanji
    • Prashant Chandrakant Amin
    • Mukulnarayan Dwivedi
    • Vishal Chhatrasingh Begwani
    • Rikenkumar Bhupendrabhai Dalwadi

  • What is the registered address of Eimco Elecon (India ) Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Eimco Elecon (India ) Limited is Sojitra Road Dist. India, Anand, Gujarat.

  • What is the corporate identification number (CIN) and company number of Eimco Elecon (India ) Limited?

    The corporate identification number (CIN) of Eimco Elecon (India ) Limited is L29199GJ1974PLC002574 and the company number is 002574 as per Ministry of Corporate Affairs (MCA).

  • Is Eimco Elecon (India ) Limited registered with any stock exchange in India?

    Yes, Eimco Elecon (India ) Limited is registered on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE): EIMCOELECO.

  • What is the official website of Eimco Elecon (India ) Limited?

    The Official website of Eimco Elecon (India ) Limited is https://www.eimcoelecon.in

  • What has been the recent revenue trend for Eimco Elecon (India ) Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Eimco Elecon (India ) Limited has risen by 95.66%.

  • How many employees does Eimco Elecon (India ) Limited currently have?

    As Per 2023 financial reports, 117 employees are currently employed by Eimco Elecon (India ) Limited.

  • What change has been observed in the net worth of Eimco Elecon (India ) Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Eimco Elecon (India ) Limited has experienced an upsurge of 5.83%.

  • What are the total open charges for Eimco Elecon (India ) Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Eimco Elecon (India ) Limited amount to ₹ 101.00 Cr.

  • When was the last Balance Sheet of Eimco Elecon (India ) Limited filed with the ROC?

    The most recent Balance Sheet for Eimco Elecon (India ) Limited was filed with the ROC on 31 Mar 2023.

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