Epic Energy Limited

This company manufactures energy-saving appliances and operates in multiple states with ISO certification.

1991 | Thane, Maharashtra (India) | Active
Last Updated: July 02, 2024

Epic Energy Profile

Key Indicators

  • Authorised Capital ₹ 12.00 Cr
  • Paid Up Capital ₹ 7.21 Cr
  • Company Age 33 Year, 5 Months
  • Last Filing with ROC 31 Mar 2023
  • Satisfied Charges ₹ 6.05 Cr
  • Revenue Growth -16.48%
  • Profit Growth 3.13%
  • Ebitda 3.44%
  • Net Worth -6.33%
  • Total Assets -3.17%

About Epic Energy

Epic Energy Limited (EEL) is a Public Limited Indian Non-Government Company incorporated in India on 28 August 1991 and has a history of 33 years and five months. Its registered office is in Thane, Maharashtra, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 530407.

The Company is engaged in the Energy And Power 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 12.00 Cr and a paid-up capital of Rs 7.21 Cr.

The company has closed loans amounting to ₹6.05 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Epic Energy Limited India are Nikhil Morsawala as CFO and Sandeep Gupta as Company Secretary. Bharat Mehta, Veena Morsawala, Brian Dsouza, and One other member serve as directors at the Company.

Company Details

  • Location

    Thane, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    L67120MH1991PLC063103

  • Company No.

    063103

  • Stock Symbol

    BSE : 530407

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    28 Aug 1991

  • Date of AGM

    07 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Listed

  • ROC Code

    Roc Mumbai

Industry

Energy and Power

What products or services does Epic Energy Limited offer?

Epic Energy Limited offers a wide range of products and services, including Energy Conservation Equipment, Power Saver, Electrical & Electronic Test Devices, Energy Meter, Solar & Renewable Energy Products, Windmills & Wind Turbines, Solar Lamps, Solar Lantern, Solar Water Heater, Solarizer Solar Water Heater.

Who are the key members and board of directors at Epic Energy?

Executive Team (2)

Name Designation Appointment Date Status
Nikhil Morsawala Country flag representing In CFO 21-Jun-2019 Current
Sandeep Gupta Country flag representing In Company Secretary 17-Jun-2019 Current

Board Members (4)

Name Designation Appointment Date Status
Bharat Mehta Country flag representing In Director 17-Jun-2019 Current
Veena Morsawala Country flag representing In Director 28-Feb-1998 Current
Brian Dsouza Country flag representing In Director 14-Nov-2017 Current
Sanjay Gugale Country flag representing In Director 31-Dec-2005 Current

Financial Performance of Epic Energy.

Epic Energy Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 16.48% decrease. The company also saw a slight improvement in profitability, with a 3.13% increase in profit. The company's net worth dipped by a decrease of 6.33%.

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
-16.48%
Revenue from Operations
-15.98%
Total Assets
-3.17%
Profit or Loss
3.13%
Net Worth
-6.33%
EBITDA
3.44%

What is the Ownership and Shareholding Structure of Epic Energy?

In 2023, Epic Energy had a promoter holding of 23.27% and a public holding of 76.73%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹6.05 Cr

Charges Breakdown by Lending Institutions

  • Citi Bank N.A. : 5.00 Cr
  • Bank Of India : 1.05 Cr

Latest Charge Details

Date Lender Amount Status
08 Dec 2009 Citi Bank N.A. ₹5.00 Cr Satisfied
24 Apr 2008 Bank Of India ₹1.05 Cr Satisfied

How Many Employees Work at Epic Energy?

Epic Energy has a workforce of 0 employees as of Apr 08, 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 Epic Energy, 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 Epic Energy'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 Epic Energy

Recent activity within the organization

  • Annual General Meeting

    Epic Energy Limited last Annual general meeting of members was held on 07 Sep 2023 as per latest MCA records.

    07 Sep 2023

  • Balance Sheet

    Epic Energy Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

    31 Mar 2023

  • Director Appointment

    Nikhil Champaklal Morsawala was appointed as a Cfo was appointed as a Cfo on 21 Jun 2019 & has been associated with this company since 5 years 7 months .

    21 Jun 2019

  • Director Appointment

    Bharat Indravadan Mehta was appointed as a Director was appointed as a Director on 17 Jun 2019 & has been associated with this company since 5 years 7 months .

    17 Jun 2019

  • Director Appointment

    Brian Andre Dsouza was appointed as a Director was appointed as a Director on 14 Nov 2017 & has been associated with this company since 7 years 2 months .

    14 Nov 2017

  • Charges

    A charge registered on 08 Dec 2009 via Charge ID 10188740 with Citi Bank N.A. was fully satisfied on 18 Mar 2013.

    18 Mar 2013

Frequently asked questions

  • Epic Energy Limited was incorporated on 28 Aug 1991.

  • The authorized share capital of Epic Energy Limited is ₹ 12.00 Cr and paid-up capital is ₹ 7.21 Cr.

  • Currently 6 directors are associated with Epic Energy Limited.

    • Bharat Indravadan Mehta
    • Veena Nikhil Morsawala
    • Brian Andre Dsouza
    • Sanjay Manikchand Gugale
    • Nikhil Champaklal Morsawala
    • Sandeep S Gupta
  • As per Ministry of Corporate Affairs (Mca), the registered address of Epic Energy Limited is Office No. 1205 Ambience Court, Sector 19 E Vashi, Navi Mumbai, Maharashtra, India, 400703.

  • The corporate identification number (CIN) of Epic Energy Limited is L67120MH1991PLC063103 and the company number is 063103 as per Ministry of Corporate Affairs (MCA).

  • Yes, Epic Energy Limited is registered on Bombay Stock Exchange (BSE).

  • The Official website of Epic Energy Limited is https://www.epicenergy.biz

  • According to the financial reports for the fiscal year 2023, the revenue trend for Epic Energy Limited has fallen by -16.48%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Epic Energy Limited has experienced an downturn of -6.33%.

  • The most recent Balance Sheet for Epic Energy Limited was filed with the ROC on 31 Mar 2023.

Similar Companies Based on Power Equipment Manufacturers