Etco Industries Private Limited

Manufacturer of cotton yarn with 41,328 spindles, part of Etco Group, based in Mumbai.

1995 | Mumbai, Maharashtra (India) | Active
Last Updated:

Etco Industries Profile

Key Indicators

  • Authorised Capital ₹ 110.00 Cr
  • Paid Up Capital ₹ 6.15 Cr
  • Company Age 30 Year, 16 Days
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 154.56 Cr
  • Revenue Growth -59.63%
  • Profit Growth 61.62%
  • Ebitda 66.66%
  • Net Worth -18.91%
  • Total Assets -2.95%

About Etco Industries

Etco Industries Private Limited (EIPL) is a Private Limited Indian Non-Government Company incorporated in India on 16 February 1995 and has a history of 30 years. Its registered office is in Mumbai, Maharashtra, India.

The Corporate was formerly known as Etco Services Private Limited. The Company is engaged in the Manufacturing 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 110.00 Cr and a paid-up capital of Rs 6.15 Cr.

The company has closed loans amounting to ₹154.56 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Ramesh Shah and Gajendra Sartanpara serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    etco.in

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U45102MH1995PTC085653

  • Company No.

    085653

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    16 Feb 1995

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Manufacturing

Who are the key members and board of directors at Etco Industries?

Board Members (2)

NameDesignationAppointment DateStatus
Ramesh Shah Country flag representing In Director 16-Feb-1995Current
Gajendra Sartanpara Country flag representing In Director 03-Oct-2014Current

Financial Performance of Etco Industries.

Etco Industries Private Limited, for the financial year ended 2021, experienced significant reduction in revenue, with a 59.63% decrease. The company also saw a substantial improvement in profitability, with a 61.62% increase in profit. The company's net worth observed a substantial decline by a decrease of 18.91%.

Etco Industries revenue growth over time
Etco Industries 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
-59.63%
Revenue from Operations
Total Assets
-2.95%
Profit or Loss
61.62%
Net Worth
-18.91%
EBITDA
66.66%

What is the Ownership and Shareholding Structure of Etco Industries?

In 2021, Etco Industries had a promoter holding of 29.07% and a public holding of 70.93%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹154.56 Cr

Charges Breakdown by Lending Institutions

  • Others : 154.56 Cr

Latest Charge Details

DateLenderAmountStatus
05 Dec 2005Others₹154.56 CrSatisfied

How Many Employees Work at Etco Industries?

Etco Industries has a workforce of 110 employees as of Apr 10, 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.

Employee growth trends for Etco Industries Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Etco Industries, 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 Etco Industries'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 Etco Industries

Recent activity within the organization

  • Annual General Meeting

    Etco Industries Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Balance Sheet

    Etco Industries Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

  • Charges

    A charge registered on 05 Dec 2005 via Charge ID 80023481 with Others was fully satisfied on 12 Apr 2023.

  • Charges

    A charge with Others of Rs. 154.56 Cr registered on 05 Dec 2005 with Charge ID 80023481 was modified on 28 Sep 2020.

  • Director Appointment

    Gajendra Bhupendra Sartanpara was appointed as a Director was appointed as a Director on 03 Oct 2014 & has been associated with this company since 10 years 5 months .

  • Charges

    A charge with Others amounted to Rs. 154.56 Cr with Charge ID 80023481 was registered on 05 Dec 2005.

Frequently asked questions

  • What is the Incorporation or founding date of Etco Industries Private Limited?

    Etco Industries Private Limited was incorporated on 16 Feb 1995.

  • What is authorized share capital and paid-up capital of Etco Industries Private Limited?

    The authorized share capital of Etco Industries Private Limited is ₹ 110.00 Cr and paid-up capital is ₹ 6.15 Cr.

  • Who are the current board members & directors of Etco Industries Private Limited?

    Currently 2 directors are associated with Etco Industries Private Limited.

    • Ramesh Dahyalal Shah
    • Gajendra Bhupendra Sartanpara

  • What is the registered address of Etco Industries Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Etco Industries Private Limited is S-13 S-14 2Nd Floor Pinnacle Business Park Shanti Nagar Midc Mahakali Caves Road, A Ndheri (E) India, Mumbai, Maharashtra, 400093.

  • What is the corporate identification number (CIN) and company number of Etco Industries Private Limited?

    The corporate identification number (CIN) of Etco Industries Private Limited is U45102MH1995PTC085653 and the company number is 085653 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Etco Industries Private Limited?

    The Official website of Etco Industries Private Limited is https://www.etco.in

  • What has been the recent revenue trend for Etco Industries Private Limited?

    According to the financial reports for the fiscal year 2021, the revenue trend for Etco Industries Private Limited has fallen by -59.63%.

  • How many employees does Etco Industries Private Limited currently have?

    As Per 2021 financial reports, 110 employees are currently employed by Etco Industries Private Limited.

  • What change has been observed in the net worth of Etco Industries Private Limited, and by what percentage?

    The financial reports for the fiscal year 2021 indicates that The net worth of Etco Industries Private Limited has experienced an downturn of -18.91%.

  • When was the last Balance Sheet of Etco Industries Private Limited filed with the ROC?

    The most recent Balance Sheet for Etco Industries Private Limited was filed with the ROC on 31 Mar 2024.

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