Everest Composites Private Limited

Manufacturer of composite construction products for various industries with large production capacity and corporate clients.

2008 | Vadodara, Gujarat (India) | Active
Last Updated: July 04, 2024

Everest Composites Profile

Key Indicators

  • Authorised Capital ₹ 2.50 M
  • Paid Up Capital ₹ 1.00 M
  • Company Age 16 Year, 10 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 9.14 Cr
  • Satisfied Charges ₹ 1.20 Cr
  • Revenue Growth 87.02%
  • Profit Growth 469.34%
  • Ebitda 215.51%
  • Net Worth 33.90%
  • Total Assets 24.56%

About Everest Composites

Everest Composites Private Limited (ECPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 01 April 2008 and has a history of 16 years and ten months. Its registered office is in Vadodara, Gujarat, India.

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 2023. It's a company limited by shares with an authorized capital of Rs 2.50 M and a paid-up capital of Rs 1.00 M.

The company currently has active open charges totaling ₹9.14 Cr. The company has closed loans amounting to ₹1.20 Cr, as per Ministry of Corporate Affairs (MCA) records.

Binish Kalathil and Chandrajit Shah serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    U25209GJ2008PTC053456

  • Company No.

    053456

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    01 Apr 2008

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Manufacturing

What products or services does Everest Composites Private Limited offer?

Everest Composites Private Limited offers a wide range of products and services, including Gazebos, Awnings, Canopies & Sheds, Outdoor Gazebos, Scaffolding Pipes and Fittings, Base Plates, Flower Pots, Wall & Garden Planters, Decorative Pot, Building & Real Estate Developers, Construction Service, Prefabricated Houses & Structures, Portable Toilets.

Who are the key members and board of directors at Everest Composites?

Board Members (2)

Name Designation Appointment Date Status
Chandrajit Shah Country flag representing In Director 01-Apr-2008 Current
Binish Kalathil Country flag representing In Director 28-Jan-2019 Current

Financial Performance of Everest Composites.

Everest Composites Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 87.02% increase. The company also saw a substantial improvement in profitability, with a 469.34% increase in profit. The company's net worth Soared by an impressive increase of 33.9%.

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
87.02%
Revenue from Operations
87.55%
Total Assets
24.56%
Profit or Loss
469.34%
Net Worth
33.90%
EBITDA
215.51%

What is the Ownership and Shareholding Structure of Everest Composites?

In 2023, Everest Composites 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)

Open Charges

₹91.42 M

Satisfied Charges

₹12.00 M

Charges Breakdown by Lending Institutions

  • Others : 8.14 Cr
  • Indusind Bank Ltd. : 0.60 Cr
  • Axis Bank Limited : 0.40 Cr

Latest Charge Details

Date Lender Amount Status
30 Dec 2023 Axis Bank Limited ₹4.00 M Open
21 Dec 2022 Others ₹1.71 M Open
20 Aug 2020 Others ₹4.89 M Open
26 Jun 2020 Others ₹0.82 M Open
08 Sep 2011 Indusind Bank Ltd. ₹6.00 M Open

How Many Employees Work at Everest Composites?

Everest Composites has a workforce of 446 employees as of Apr 06, 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 Everest Composites, 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 Everest Composites'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 Everest Composites

Recent activity within the organization

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 4.00 M with Charge ID 100853620 was registered on 30 Dec 2023.

    30 Dec 2023

  • Annual General Meeting

    Everest Composites Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Everest Composites Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ahmedabad.

    31 Mar 2023

  • Charges

    A charge with Others amounted to Rs. 1.71 M with Charge ID 100659704 was registered on 21 Dec 2022.

    21 Dec 2022

  • Charges

    A charge with Others of Rs. 74.00 M registered on 29 Jul 2011 with Charge ID 10303258 was modified on 16 Nov 2021.

    16 Nov 2021

  • Charges

    A charge with Others amounted to Rs. 4.89 M with Charge ID 100374300 was registered on 20 Aug 2020.

    20 Aug 2020

Frequently asked questions

  • Everest Composites Private Limited was incorporated on 01 Apr 2008.

  • The authorized share capital of Everest Composites Private Limited is ₹ 2.50 M and paid-up capital is ₹ 1.00 M.

  • Currently 2 directors are associated with Everest Composites Private Limited.

    • Binish Ravindran Kalathil
    • Chandrajit Shah
  • As per Ministry of Corporate Affairs (Mca), the registered address of Everest Composites Private Limited is 15- Lamdapura Near Talav Taluka Savli Lamdapura, Vadodara, Gujarat, India, 391775.

  • The corporate identification number (CIN) of Everest Composites Private Limited is U25209GJ2008PTC053456 and the company number is 053456 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Everest Composites Private Limited is https://www.everestcomposites.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Everest Composites Private Limited has risen by 87.02%.

  • As Per 2023 financial reports, 446 employees are currently employed by Everest Composites Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Everest Composites Private Limited has experienced an upsurge of 33.90%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Everest Composites Private Limited amount to ₹ 9.14 Cr.

  • The most recent Balance Sheet for Everest Composites Private Limited was filed with the ROC on 31 Mar 2023.

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