Essar Agrotech Profile
Key Indicators
- Authorised Capital ₹ 30.00 Cr
- Paid Up Capital ₹ 27.90 Cr
- Company Age 31 Year, 10 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 901.96 Cr
- Satisfied Charges ₹ 136.31 Cr
- Revenue Growth -34.44%
- Profit Growth 38.08%
- Ebitda 66.18%
- Net Worth -40.78%
- Total Assets -3.55%
About Essar Agrotech
Essar Agrotech Limited (EAL) is a Public Limited Indian Non-Government Company incorporated in India on 23 April 1993 and has a history of 31 years and ten months. Its registered office is in Mumbai, Maharashtra, India.
The Company is engaged in the Agriculture 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 30.00 Cr and a paid-up capital of Rs 27.90 Cr.
The company currently has active open charges totaling ₹901.96 Cr. The company has closed loans amounting to ₹136.31 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Essar Agrotech Limited India is Mukesh Chopra as CFO. Ashish Rajgarhia, Kamlesh Karle, Vasudha Ruia, and One other member serve as directors at the Company.
Company Details
- Location
Mumbai, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U01120MH1993PLC071726
- Company No.
071726
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
23 Apr 1993
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
What products or services does Essar Agrotech Limited offer?
Essar Agrotech Limited offers a wide range of products and services, including Fresh, Dried & Preserved Vegetables, Frozen Vegetables, HR & Manpower Recruitment Solutions, Engineering Jobs, Agricultural & Farm Consultants, Agro Farming Services, Frozen Broccoli.
Who are the key members and board of directors at Essar Agrotech?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Kamlesh Karle  | Managing Director | Current | |
| Mukesh Chopra | CFO | 30-Jun-2018 | Current |
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Ashish Rajgarhia | Director | 19-Sep-2022 | Current |
| Vasudha Ruia | Director | 23-Apr-1993 | Current |
| Ravikiran Tribhuwan | Director | 17-Jan-2018 | Current |
Financial Performance of Essar Agrotech.
Essar Agrotech Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 34.44% decrease. The company also saw a substantial improvement in profitability, with a 38.08% increase in profit. The company's net worth observed a substantial decline by a decrease of 40.78%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Essar Agrotech?
In 2023, Essar Agrotech had a promoter holding of 100.00%. The company had 15 Subsidiaries. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Fresh Greens Private LimitedVasudha Ruia is a mutual person
Aegis LimitedAshish Rajgarhia is a mutual person
Fruveggie Technology Private LimitedVasudha Ruia is a mutual person
Essar Steel Metal Trading LimitedAshish Rajgarhia is a mutual person
- Essar Capital Advisory India Private Limited
Ashish Rajgarhia is a mutual person
Lehlah Styling Private LimitedAshish Rajgarhia and Vasudha Ruia are mutual person
Charges (Loans)
₹901.96 Cr
₹136.31 Cr
Charges Breakdown by Lending Institutions
- Others : 900.00 Cr
- Uti Bank Ltd : 1.96 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 22 Jun 2023 | Others | ₹900.00 Cr | Open |
| 04 Aug 1997 | Uti Bank Ltd | ₹1.96 Cr | Open |
| 27 Sep 2016 | Idbi Bank Limited | ₹4.50 Cr | Satisfied |
| 27 Sep 2016 | Idbi Bank Limited | ₹4.50 Cr | Satisfied |
| 20 Mar 2015 | Housing Development Finance Corporation Limited | ₹65.00 Cr | Satisfied |
How Many Employees Work at Essar Agrotech?
Essar Agrotech has a workforce of 2 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Essar Agrotech, 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 Essar Agrotech'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.
