Essel Highways Limited

Road construction and management services in India, part of Essel Infraprojects Ltd.

2013 | Mumbai, Maharashtra (India) | Active
Last Updated: January 06, 2025

Essel Highways Profile

Key Indicators

  • Authorised Capital ₹ 1,500.00 Cr
  • Paid Up Capital ₹ 578.00 Cr
  • Company Age 11 Year, 3 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 three 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

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

Who are the key members and board of directors at Essel Highways?

Executive Team (1)

NameDesignationAppointment DateStatus
Balwan Singh CFO01-Jun-2024Current

Board Members (4)

NameDesignationAppointment DateStatus
Pooja Singh Country flag representing In Director 11-Feb-2020Current
Ankur Kumar Country flag representing In Whole-Time Director 27-Feb-2024Current
Narendra Sahare Country flag representing In Additional Director 10-Apr-2024Current
Bhaskar Thalesari Country flag representing In Director 15-Mar-2024Current

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%.

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
-99.56%
Revenue from Operations
-100.00%
Total Assets
7.21%
Profit or Loss
-251.22%
Net Worth
-0.56%
EBITDA
-119.89%

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.

Shareholding Indicator graph

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

DateLenderAmountStatus
18 Apr 2022Others₹1,000.00 CrOpen
06 Apr 2018Others₹1,000.00 CrOpen
23 Mar 2016Others₹54.24 CrOpen
26 Feb 2016Others₹134.63 CrOpen
26 Feb 2016Sbicap Trustee Company Limited₹75.51 CrOpen

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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

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

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 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.

    30 Sep 2024

  • 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 8 months 22 days .

    01 Jun 2024

  • 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 10 months 13 days .

    10 Apr 2024

  • Balance Sheet

    Essel Highways Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

    31 Mar 2024

  • 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 11 months 9 days .

    15 Mar 2024

  • 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 11 months 26 days .

    27 Feb 2024

Recent News, Updates & Announcement

Frequently asked questions

  • Essel Highways Limited was incorporated on 12 Nov 2013.

  • The authorized share capital of Essel Highways Limited is ₹ 1,500.00 Cr and paid-up capital is ₹ 578.00 Cr.

  • Currently 5 directors are associated with Essel Highways Limited.

    • Narendra Mohan Sahare
    • Pooja Ramesh Singh
    • Balwan Singh
    • Bhaskar Hanumant Thalesari
    • Ankur Kumar
  • 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.

  • The corporate identification number (CIN) of Essel Highways Limited is U45200MH2013PLC274877 and the company number is 274877 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Essel Highways Limited is https://www.esselinfraprojects.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Essel Highways Limited has fallen by -99.56%.

  • As Per 2023 financial reports, 2 employees are currently employed by Essel Highways Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Essel Highways Limited has experienced an downturn of -0.56%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Essel Highways Limited amount to ₹ 2,952.54 Cr.

  • The most recent Balance Sheet for Essel Highways Limited was filed with the ROC on 31 Mar 2024.

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