Electrosteel Castings Profile
Key Indicators
- Authorised Capital ₹ 103.02 Cr
- Paid Up Capital ₹ 61.82 Cr
- Company Age 69 Year, 2 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 15,655.12 Cr
- Satisfied Charges ₹ 11,485.33 Cr
- Revenue Growth 37.63%
- Profit Growth 2.81%
- Ebitda 13.58%
- Net Worth 7.10%
- Total Assets -1.38%
About Electrosteel Castings
Electrosteel Castings Ltd (ECL) was founded in India on 26 November 1955 and has a glorious history of 69 years and two months. Its registered office is in Sundergarh, Orissa, India.
It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 500128 and on the National Stock Exchange(NSE) under ELECTCAST.
The Corporate was formerly known as Dalmia Iron And Steel Limited. The Company is engaged in the Manufacturing 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 103.02 Cr and a paid-up capital of Rs 61.82 Cr.
The company currently has active open charges totaling ₹15,655.12 Cr. The company has closed loans amounting to ₹11,485.33 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Electrosteel Castings Ltd India are Sunil Katial as Ceo, Ashutosh Agarwal as Cfo, and Indranil Mitra as Company Secretary. Vyas Ralli, Bal Choudhury, Amrendra Verma, and Fifteen other members serve as directors at the Company.
Company Details
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Location
Sundergarh, Orissa, 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
Industry
What products or services does Electrosteel Castings Ltd offer?
Electrosteel Castings Ltd offers a wide range of products and services, including Aluminum, Brass, Bronze Pipes, Iron Pipe, Steel Products, Steel Billets, Iron Pipe Fittings, Ductile Iron Fittings, TMT Bars, Electrosteel TMT Bars, Iron Metal, Pig Iron.
Who are the key members and board of directors at Electrosteel Castings?
Executive Team (5)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Mayank Kejriwal
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Managing Director | 15-Feb-1979 | Current |
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Umang Kejriwal
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Managing Director | 15-Feb-1979 | Current |
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Sunil Katial
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CEO | 29-Jan-2019 | Current |
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Ashutosh Agarwal
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CFO | 13-Aug-2019 | Current |
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Indranil Mitra
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Company Secretary | 13-Aug-2019 | Current |
Board Members (16)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
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Virendra Sinha
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Director | 14-Feb-2022 | Current |
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Mohua Banerjee
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Director | 08-Feb-2019 | Current |
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Vyas Ralli
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Director | 21-Dec-2009 | Current |
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Bal Choudhury
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Director | 10-Feb-2022 | Current |
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Amrendra Verma
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Director | 22-Dec-2016 | Current |
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Binod Khaitan
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Director | 20-Nov-1975 | Current |
Financial Performance of Electrosteel Castings.
Electrosteel Castings Ltd, for the financial year ended 2023, experienced significant growth in revenue, with a 37.63% increase. The company also saw a slight improvement in profitability, with a 2.81% increase in profit. The company's net worth moved up by a moderate rise of 7.1%.
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What is the Ownership and Shareholding Structure of Electrosteel Castings?
In 2023, Electrosteel Castings had a promoter holding of 44.08% and a public holding of 55.91%. The company had 2 Joint Ventures. 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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Tkm Global Logistics LimitedVirendra Sinha is a mutual person
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Indian Chamber Of Commerce CalcuttaUddhav Kejriwal is a mutual person
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Texmaco Rail & Engineering LimitedVirendra Sinha is a mutual person
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Woodlands Multispeciality Hospital LimitedPradip Khaitan is a mutual person
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Gpt Healthcare LimitedAmrendra Verma is a mutual person
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Adi Chitragupta Finance LimitedAmrendra Verma is a mutual person
Charges (Loans)
₹15,655.12 Cr
₹11,485.33 Cr
Charges Breakdown by Lending Institutions
- Il & Fs Trust Company Limited : 10577.60 Cr
- Others : 4675.00 Cr
- Hdfc Bank Limited : 220.00 Cr
- Axis Bank Limited : 180.00 Cr
- Unit Trust Of India : 2.52 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 19 Sep 2023 | Others | ₹300.00 Cr | Open |
| 29 Mar 2023 | Others | ₹275.00 Cr | Open |
| 01 Dec 2022 | Others | ₹3,200.00 Cr | Open |
| 24 Aug 2022 | Axis Bank Limited | ₹120.00 Cr | Open |
| 26 Aug 2021 | Hdfc Bank Limited | ₹145.00 Cr | Open |
How Many Employees Work at Electrosteel Castings?
Electrosteel Castings has a workforce of 2968 employees as of Mar 31, 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 Electrosteel Castings, 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 Electrosteel Castings'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.
