Essar Future Energy Limited

Energy company that generates and distributes various forms of energy.

2019 | Jamnagar, Gujarat (India) | Active
Last Updated: July 18, 2024

Essar Future Energy Profile

Key Indicators

  • Authorised Capital ₹ 0.50 M
  • Paid Up Capital ₹ 0.50 M
  • Company Age 5 Year, 8 Months
  • Last Filing with ROC 31 Mar 2023
  • Revenue Growth -58.28%
  • Profit Growth 120.59%
  • Ebitda 97.99%
  • Net Worth 43.09%
  • Total Assets -40.33%

About Essar Future Energy

Essar Future Energy Limited (EFEL) is a Public Limited Indian Non-Government Company incorporated in India on 20 May 2019 (Five years and eight months 14 days old ). Its registered office is in Jamnagar, Gujarat, India.

The Corporate was formerly known as Clean Joules International Limited. 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 0.50 M and a paid-up capital of Rs 0.50 M, as per Ministry of Corporate Affairs (MCA) records.

Vidur Gupta, Kush, Kapil Singla, and One other member serve as directors at the Company.

Company Details

  • Location

    Jamnagar, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U24100GJ2019PLC145669

  • Company No.

    325594

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    20 May 2019

  • Date of AGM

    26 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Energy and Power

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

Board Members (4)

Name Designation Appointment Date Status
Vidur Gupta Country flag representing In Additional Director 17-May-2024 Current
Kush Country flag representing In Director 25-Aug-2022 Current
Kapil Singla Country flag representing In Director 20-May-2019 Current
Vishnu Mutha Country flag representing In Director 20-May-2019 Current

Financial Performance of Essar Future Energy.

Essar Future Energy Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 58.28% decrease. The company also saw a substantial improvement in profitability, with a 120.59% increase in profit. The company's net worth Soared by an impressive increase of 43.09%.

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
-58.28%
Revenue from Operations
Total Assets
-40.33%
Profit or Loss
120.59%
Net Worth
43.09%
EBITDA
97.99%

What is the Ownership and Shareholding Structure of Essar Future Energy?

In 2023, Essar Future Energy had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Essar Future Energy?

Essar Future Energy has a workforce of 7 employees as of Apr 07, 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 Essar Future 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 Essar Future 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 Essar Future Energy

Recent activity within the organization

  • Director Appointment

    Vidur Gupta was appointed as a Additional Director was appointed as a Additional Director on 17 May 2024 & has been associated with this company since 8 months 16 days .

    17 May 2024

  • Annual General Meeting

    Essar Future Energy Limited last Annual general meeting of members was held on 26 Sep 2023 as per latest MCA records.

    26 Sep 2023

  • Balance Sheet

    Essar Future Energy Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ahmedabad.

    31 Mar 2023

  • Director Appointment

    Kush was appointed as a Director was appointed as a Director on 25 Aug 2022 & has been associated with this company since 2 years 5 months .

    25 Aug 2022

  • Director Appointment

    Kapil Singla was appointed as a Director was appointed as a Director on 20 May 2019 & has been associated with this company since 5 years 8 months .

    20 May 2019

  • Director Appointment

    Vishnu Dutt Mutha was appointed as a Director was appointed as a Director on 20 May 2019 & has been associated with this company since 5 years 8 months .

    20 May 2019

Frequently asked questions

  • Essar Future Energy Limited was incorporated on 20 May 2019.

  • The authorized share capital of Essar Future Energy Limited is ₹ 0.50 M and paid-up capital is ₹ 0.50 M.

  • Currently 4 directors are associated with Essar Future Energy Limited.

    • Vidur Gupta
    • Kush
    • Kapil Singla
    • Vishnu Dutt Mutha
  • As per Ministry of Corporate Affairs (Mca), the registered address of Essar Future Energy Limited is Salaya Administrative Building 44Km Jamnagar Okha Highway, Post Box No.7 At Post Khambaliya Dwarka Khambhalia, Gujarat, India, 361305.

  • The corporate identification number (CIN) of Essar Future Energy Limited is U24100GJ2019PLC145669 and the company number is 325594 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Essar Future Energy Limited is https://www.essarpower.co.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Essar Future Energy Limited has fallen by -58.28%.

  • As Per 2023 financial reports, 7 employees are currently employed by Essar Future Energy Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Essar Future Energy Limited has experienced an upsurge of 43.09%.

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

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