Eri-Tech Limited

Manufactures and exports line hardware and fittings for T&D lines.

1957 | Kolkata, West Bengal (India) | Active
Last Updated: November 16, 2024

Eri-Tech Profile

Key Indicators

  • Authorised Capital ₹ 15.00 Cr
  • Paid Up Capital ₹ 13.44 Cr
  • Company Age 67 Year, 7 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 12.10 Cr
  • Satisfied Charges ₹ 24.20 Cr
  • Revenue Growth -5.08%
  • Profit Growth -59.02%
  • Ebitda -54.42%
  • Net Worth 10.35%
  • Total Assets 10.32%

About Eri-Tech

Eri-Tech Limited (EL) was founded in India on 29 June 1957 and has a glorious history of 67 years and seven months. Its registered office is in Kolkata, West Bengal, India.

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 2024. It's a company limited by shares with an authorized capital of Rs 15.00 Cr and a paid-up capital of Rs 13.44 Cr.

The company currently has active open charges totaling ₹12.10 Cr. The company has closed loans amounting to ₹24.20 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Eri-Tech Limited India are Somik Roy as CFO and Siddhant Mittal as Company Secretary. Shraddha Jhunjhunwala, Archit Jhunjhunwala, Vasu Vijayan, and Two other members serve as directors at the Company.

Company Details

  • Location

    Kolkata, West Bengal, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    L28999WB1957PLC023503

  • Company No.

    023503

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    29 Jun 1957

  • Date of AGM

    28 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Listed

  • ROC Code

    Roc Kolkata

Industry

Energy and Power
Manufacturing

What products or services does Eri-Tech Limited offer?

Eri-Tech Limited offers a wide range of products and services, including Voltage & Power Stabilizers, Power Line Conditioners, Electric Fittings & Components, Pole Line Hardware, Medical Treatment Services, Weight Loss Treatment, Construction Service, Substation Construction Services, Fibre Optic Components.

Who are the key members and board of directors at Eri-Tech?

Executive Team (2)

Name Designation Appointment Date Status
Somik Roy CFO 01-Dec-2022 Current
Siddhant Mittal Country flag representing In Company Secretary 01-Jun-2022 Current

Board Members (5)

Name Designation Appointment Date Status
Shraddha Jhunjhunwala Country flag representing In Whole-Time Director 26-Dec-2011 Current
Archit Jhunjhunwala Country flag representing In Director 26-Dec-2011 Current
Vasu Vijayan Country flag representing In Director 28-Oct-2021 Current
Nirmal Adak Country flag representing In Director 28-Oct-2021 Current
Ashok Kapoor Country flag representing In Director 11-Aug-2020 Current

Financial Performance of Eri-Tech.

Eri-Tech Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 5.08% decrease. The company also saw a substantial fall in profitability, with a 59.02% decrease in profit. The company's net worth Soared by an impressive increase of 10.35%.

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
-5.08%
Revenue from Operations
4.72%
Total Assets
10.32%
Profit or Loss
-59.02%
Net Worth
10.35%
EBITDA
-54.42%

What is the Ownership and Shareholding Structure of Eri-Tech?

In 2022, Eri-Tech had a promoter holding of 48.25% and a public holding of 51.76%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹12.10 Cr

Satisfied Charges

₹24.20 Cr

Charges Breakdown by Lending Institutions

  • Others : 12.10 Cr

Latest Charge Details

Date Lender Amount Status
12 Jun 2023 Others ₹12.10 Cr Open
29 Mar 2006 Axis Bank Limited ₹20.00 Cr Satisfied
16 Jul 2002 Uco Bank ₹1.80 Cr Satisfied
16 Jul 2002 Uco Bank ₹2.40 Cr Satisfied

How Many Employees Work at Eri-Tech?

Eri-Tech has a workforce of 14 employees as of Apr 01, 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 Eri-Tech, 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 Eri-Tech'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 Eri-Tech

Recent activity within the organization

  • Annual General Meeting

    Eri-Tech Limited last Annual general meeting of members was held on 28 Sep 2024 as per latest MCA records.

    28 Sep 2024

  • Charges

    A charge with Others of Rs. 12.10 Cr registered on 12 Jun 2023 with Charge ID 100737967 was modified on 11 Jun 2024.

    11 Jun 2024

  • Balance Sheet

    Eri-Tech Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Kolkata.

    31 Mar 2024

  • Charges

    A charge with Others amounted to Rs. 12.10 Cr with Charge ID 100737967 was registered on 12 Jun 2023.

    12 Jun 2023

  • Charges

    A charge registered on 29 Mar 2006 via Charge ID 80008864 with Axis Bank Limited was fully satisfied on 19 Jan 2023.

    19 Jan 2023

  • Director Appointment

    Vasu Vijayan was appointed as a Director was appointed as a Director on 28 Oct 2021 & has been associated with this company since 3 years 3 months .

    28 Oct 2021

Frequently asked questions

  • Eri-Tech Limited was incorporated on 29 Jun 1957.

  • The authorized share capital of Eri-Tech Limited is ₹ 15.00 Cr and paid-up capital is ₹ 13.44 Cr.

  • Currently 7 directors are associated with Eri-Tech Limited.

    • Shraddha Jhunjhunwala
    • Archit Jhunjhunwala
    • Vasu Vijayan
    • Nirmal Kumar Adak
    • Ashok Kumar Kapoor
    • Somik Roy
    • Siddhant Mittal
  • As per Ministry of Corporate Affairs (Mca), the registered address of Eri-Tech Limited is 53B Mirza Ghalib Street 3Rd Floor India, Kolkata, West Bengal, 700016.

  • The corporate identification number (CIN) of Eri-Tech Limited is L28999WB1957PLC023503 and the company number is 023503 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Eri-Tech Limited is https://www.eritech.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Eri-Tech Limited has fallen by -5.08%.

  • As Per 2023 financial reports, 14 employees are currently employed by Eri-Tech Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Eri-Tech Limited has experienced an upsurge of 10.35%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Eri-Tech Limited amount to ₹ 12.10 Cr.

  • The most recent Balance Sheet for Eri-Tech Limited was filed with the ROC on 31 Mar 2024.

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