Essel Highways Profile
Key Indicators
- Authorised Capital ₹ 1,500.00 Cr
- Paid Up Capital ₹ 578.00 Cr
- Company Age 11 Year, 5 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 2,952.54 Cr
- Satisfied Charges ₹ 9,421.54 Cr
- Revenue Growth -99.56%
- Profit Growth -251.22%
- Ebitda -119.89%
- Net Worth -0.56%
- Total Assets 7.21%
About Essel Highways
Essel Highways Limited (EHL) is a Public Limited Indian Non-Government Company incorporated in India on 12 November 2013 and has a history of 11 years and five months. Its registered office is in Mumbai, Maharashtra, India.
The Corporate was formerly known as Eil Highways Limited. The Company is engaged in the Infrastructure And Utilities 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 1,500.00 Cr and a paid-up capital of Rs 578.00 Cr.
The company currently has active open charges totaling ₹2,952.54 Cr. The company has closed loans amounting to ₹9,421.54 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Essel Highways Limited India is Balwan Singh as CFO. Narendra Sahare, Pooja Singh, Bhaskar Thalesari, 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
U45200MH2013PLC274877
- Company No.
274877
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
12 Nov 2013
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Infrastructure and Utilities
Essel Highways Limited
Explore comprehensive data for Essel Highways Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Essel Highways?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Balwan Singh | CFO | 01-Jun-2024 | Current |
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Pooja Singh  | Director | 11-Feb-2020 | Current |
| Ankur Kumar | Whole-Time Director | 27-Feb-2024 | Current |
| Narendra Sahare | Additional Director | 10-Apr-2024 | Current |
| Bhaskar Thalesari | Director | 15-Mar-2024 | Current |
Financial Performance of Essel Highways.
Essel Highways Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 99.56% decrease. The company also saw a substantial fall in profitability, with a 251.22% decrease in profit. The company's net worth dipped by a decrease of 0.56%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Essel Highways?
In 2023, Essel Highways had a promoter holding of 90.48% and a public holding of 9.52%. The company had 6 Subsidiaries and 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
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Tatva Global Environment (Deonar) LimitedPooja Singh is a mutual person
Essel Ahmedabad Godhra Toll Roads LimitedBhaskar Thalesari is a mutual person
- Bina Khimlasa Malthon Toll Roads Limited
Ankur Kumar is a mutual person
- Essel Gas Company Limited
Narendra Sahare is a mutual person
Aurangabad City Water Utility Company LimitedNarendra Sahare and Bhaskar Thalesari are mutual person
- Jodiya Water Desalination Limited
Narendra Sahare is a mutual person
Charges (Loans)
Open Charges
₹2,952.54 Cr
Satisfied Charges
₹9,421.54 Cr
Charges Breakdown by Lending Institutions
- Others : 2188.87 Cr
- Idbi Trusteeship Services Limited : 600.00 Cr
- Sbicap Trustee Company Limited : 163.67 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 18 Apr 2022 | Others | ₹1,000.00 Cr | Open |
| 06 Apr 2018 | Others | ₹1,000.00 Cr | Open |
| 23 Mar 2016 | Others | ₹54.24 Cr | Open |
| 26 Feb 2016 | Others | ₹134.63 Cr | Open |
| 26 Feb 2016 | Sbicap Trustee Company Limited | ₹75.51 Cr | Open |
How Many Employees Work at Essel Highways?
Essel Highways 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 Essel Highways, 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 Essel Highways'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 Essel Highways
Recent activity within the organization
- Annual General Meeting
Essel Highways Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Director Appointment
Balwan Singh was appointed as a Cfo was appointed as a Cfo on 01 Jun 2024 & has been associated with this company since 10 months 13 days .
- Director Appointment
Narendra Mohan Sahare was appointed as a Additional Director was appointed as a Additional Director on 10 Apr 2024 & has been associated with this company since 1 year 4 days .
- Balance Sheet
Essel Highways Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
- Director Appointment
Bhaskar Hanumant Thalesari was appointed as a Director was appointed as a Director on 15 Mar 2024 & has been associated with this company since 1 year 30 days .
- Director Appointment
Ankur Kumar was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 27 Feb 2024 & has been associated with this company since 1 year 1 month .
Recent News, Updates & Announcement
- Essel Infraprojects in last lap of talks to sell solar assets to Adani.
The company is expected to sell around 250 MW of operational solar portfolio to renewable energy company Adani Green Energy, said two people with direct knowledge of the development.
- Essel Group to sell 3 road assets to CDPQ | Mint.
The assets may fetch an enterprise value of up to ₹3,500 crore.The three projects comprise toll roads in Madhya Pradesh, Karnataka and Telangana.
- Essel Infra to Sell Road Projects, Media Business, and Seek Refinancing for Debt.
Essel Infra is selling some of its road projects to raise funds for a lithium-ion battery plant. They are talking to companies like Adani and Cube Highways. Essel Group also plans to sell its media business and has already sold some power and solar projects. They are also looking for a structured credit transaction to refinance their debt..
Frequently asked questions
What is the Incorporation or founding date of Essel Highways Limited?
Essel Highways Limited was incorporated on 12 Nov 2013.
What is authorized share capital and paid-up capital of Essel Highways Limited?
The authorized share capital of Essel Highways Limited is ₹ 1,500.00 Cr and paid-up capital is ₹ 578.00 Cr.
Who are the current board members & directors of Essel Highways Limited?
Currently 5 directors are associated with Essel Highways Limited.
- Narendra Mohan Sahare
- Pooja Ramesh Singh
- Balwan Singh
- Bhaskar Hanumant Thalesari
- Ankur Kumar
What is the registered address of Essel Highways Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Essel Highways Limited is 513/A 5Th Floor Kohinoor City Kirol Road, Kurla (West) India, Mumbai, Maharashtra, 400070.
What is the corporate identification number (CIN) and company number of Essel Highways Limited?
The corporate identification number (CIN) of Essel Highways Limited is U45200MH2013PLC274877 and the company number is 274877 as per Ministry of Corporate Affairs (MCA).
What is the official website of Essel Highways Limited?
The Official website of Essel Highways Limited is https://www.esselinfraprojects.com
What has been the recent revenue trend for Essel Highways Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Essel Highways Limited has fallen by -99.56%.
How many employees does Essel Highways Limited currently have?
As Per 2023 financial reports, 2 employees are currently employed by Essel Highways Limited.
What change has been observed in the net worth of Essel Highways Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Essel Highways Limited has experienced an downturn of -0.56%.
What are the total open charges for Essel Highways Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Essel Highways Limited amount to ₹ 2,952.54 Cr.
When was the last Balance Sheet of Essel Highways Limited filed with the ROC?
The most recent Balance Sheet for Essel Highways Limited was filed with the ROC on 31 Mar 2024.
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