Electrosteel Castings Profile
Key Indicators
- Authorised Capital ₹ 103.02 Cr
- Paid Up Capital ₹ 61.82 Cr
- Company Age 69 Year, 4 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 15,970.12 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 four months. Its registered office is in Sundergarh, Odisha, 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 2024. 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 ₹15,970.12 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, Indranil Mitra as Company Secretary, and Ashutosh Agarwal as Cfo. Ashutosh Agarwal, Amrendra Verma, Bal Choudhury, and Fifteen other members serve as directors at the Company.
Company Details
- Location
Sundergarh, Odisha, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
Industry
Manufacturing
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.
Electrosteel Castings Ltd
Explore comprehensive data for Electrosteel Castings Ltd, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Electrosteel Castings?
Executive Team (5)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Sunil Katial  | CEO | 15-Sep-2020 | Current |
| Mayank Kejriwal | Managing Director | 15-Feb-1979 | Current |
| Umang Kejriwal | Managing Director | 15-Feb-1979 | Current |
| Indranil Mitra | Company Secretary | 13-Aug-2019 | Current |
| Ashutosh Agarwal | CFO | 03-Jan-2022 | Current |
Board Members (16)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Virendra Sinha | Director | 14-Feb-2022 | Current |
| Mohua Banerjee | Director | 08-Feb-2019 | Current |
| Ashutosh Agarwal | Whole-Time Director and Cfo | 03-Jan-2022 | Current |
| Amrendra Verma | Director | 22-Dec-2016 | Current |
| Bal Choudhury | Director | 10-Feb-2022 | Current |
| Ajay Kumar | Director | 13-May-2024 | 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%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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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)
Tkm Global Logistics LimitedVirendra Sinha is a mutual person
Indian Chamber Of Commerce CalcuttaUddhav Kejriwal is a mutual person
Texmaco Rail & Engineering LimitedVirendra Sinha is a mutual person
Dynamatic Technologies LimitedAjay Kumar is a mutual person
Gpt Healthcare LimitedAmrendra Verma is a mutual person
Adi Chitragupta Finance LimitedAmrendra Verma is a mutual person
Charges (Loans)
Open Charges
₹15,970.12 Cr
Satisfied Charges
₹11,485.33 Cr
Charges Breakdown by Lending Institutions
- Il & Fs Trust Company Limited : 10577.60 Cr
- Others : 5035.00 Cr
- Axis Bank Limited : 180.00 Cr
- Hdfc Bank Limited : 175.00 Cr
- Unit Trust Of India : 2.52 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 18 Nov 2024 | Others | ₹300.00 Cr | Open |
| 14 May 2024 | Hdfc Bank Limited | ₹55.00 Cr | Open |
| 19 Sep 2023 | Others | ₹300.00 Cr | Open |
| 29 Mar 2023 | Others | ₹335.00 Cr | Open |
| 01 Dec 2022 | Others | ₹3,200.00 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.
Latest Updates, News, and FAQs on Electrosteel Castings
Recent activity within the organization
- Charges
A charge with Others amounted to Rs. 300.00 Cr with Charge ID 101005586 was registered on 18 Nov 2024.
- Director Appointment
Sangeeta Singh was appointed as a Director was appointed as a Director on 30 Oct 2024 & has been associated with this company since 5 months 14 days .
- Charges
A charge with Hdfc Bank Limited of Rs. 45.00 Cr registered on 26 Aug 2021 with Charge ID 100472803 was modified on 11 Oct 2024.
- Annual General Meeting
Electrosteel Castings Ltd last Annual general meeting of members was held on 23 Aug 2024 as per latest MCA records.
- Charges
A charge with Others of Rs. 335.00 Cr registered on 29 Mar 2023 with Charge ID 100708463 was modified on 07 Aug 2024.
- Charges
A charge with Hdfc Bank Limited amounted to Rs. 55.00 Cr with Charge ID 100918520 was registered on 14 May 2024.
Recent News, Updates & Announcement
- SC seeks Vedanta response on plea against Electrosteel bid | Mint.
Renaissance Steel has challenged Vedanta's eligibility to bid for Electrosteel Steels as one of its affiliates in Zambia, Konkola Copper Mines, was found guilty of violating environmental laws in that country.
Frequently asked questions
What is the Incorporation or founding date of Electrosteel Castings Ltd?
Electrosteel Castings Ltd was incorporated on 26 Nov 1955.
What is authorized share capital and paid-up capital of Electrosteel Castings Ltd?
The authorized share capital of Electrosteel Castings Ltd is ₹ 103.02 Cr and paid-up capital is ₹ 61.82 Cr.
Who are the current board members & directors of Electrosteel Castings Ltd?
Currently 21 directors are associated with Electrosteel Castings Ltd.
- Ashutosh Agarwal
- Amrendra Prasad Verma
- Bal Kishan Choudhury
- Ajay Kumar
- Radha Kejriwal Agarwal
- Vyas Mitre Ralli
- Virendra Sinha
- Rajkumar Khanna
- Sunil Harbans Lal Katial
- Mohua Banerjee
- Sangeeta Singh
- Sunil Katial
- Nityangi Kejriwal Jaiswal
- Priya Manjari Todi
- Jinendra Kumar Jain
- Uddhav Kejriwal
- Mayank Kejriwal
- Umang Kejriwal
- Indranil Mitra
- Ashutosh Agarwal
- Madhav Kejriwal
What is the registered address of Electrosteel Castings Ltd?
As per Ministry of Corporate Affairs (Mca), the registered address of Electrosteel Castings Ltd is Rathod Colony Rajgangpur India, Sundergarh, Orissa, 770017.
What is the corporate identification number (CIN) and company number of Electrosteel Castings Ltd?
The corporate identification number (CIN) of Electrosteel Castings Ltd is L27310OR1955PLC000310 and the company number is 000310 as per Ministry of Corporate Affairs (MCA).
Is Electrosteel Castings Ltd registered with any stock exchange in India?
Yes, Electrosteel Castings Ltd is registered on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE): ELECTCAST.
What is the official website of Electrosteel Castings Ltd?
The Official website of Electrosteel Castings Ltd is https://www.electrosteel.com
What has been the recent revenue trend for Electrosteel Castings Ltd?
According to the financial reports for the fiscal year 2023, the revenue trend for Electrosteel Castings Ltd has risen by 37.63%.
How many employees does Electrosteel Castings Ltd currently have?
As Per 2023 financial reports, 2968 employees are currently employed by Electrosteel Castings Ltd.
What change has been observed in the net worth of Electrosteel Castings Ltd, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Electrosteel Castings Ltd has experienced an upsurge of 7.10%.
What are the total open charges for Electrosteel Castings Ltd?
As per the financial statements for fiscal Year 2023, The total open charges for Electrosteel Castings Ltd amount to ₹ 15,970.12 Cr.
When was the last Balance Sheet of Electrosteel Castings Ltd filed with the ROC?
The most recent Balance Sheet for Electrosteel Castings Ltd was filed with the ROC on 31 Mar 2024.
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