Evonith Value Steel Limited

Steel manufacturing and processing with various facilities and capacities.

1970 | Mumbai, Maharashtra (India) | Active
Last Updated: October 18, 2024

Evonith Value Steel Profile

Key Indicators

  • Authorised Capital ₹ 2,000.00 Cr
  • Paid Up Capital ₹ 42.11 Cr
  • Company Age 54 Year, 9 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 680.34 Cr
  • Satisfied Charges ₹ 8,309.12 Cr
  • Revenue Growth -21.55%
  • Profit Growth -148.46%
  • Ebitda -97.72%
  • Net Worth -10.28%
  • Total Assets 7.90%

About Evonith Value Steel

Evonith Value Steel Limited (EVSL) was founded in India on 27 April 1970 and has a glorious history of 54 years and nine months. Its registered office is in Mumbai, Maharashtra, India.

The Corporate was formerly known as Lloyds Steel Industries Private Limited. The Company is engaged in the Metals And Minerals 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 2,000.00 Cr and a paid-up capital of Rs 42.11 Cr.

The company currently has active open charges totaling ₹680.34 Cr. The company has closed loans amounting to ₹8,309.12 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Evonith Value Steel Limited India are Anil Bangur as Ceo, Kavita Maniar as Company Secretary, and Nagraj Mogavira as Cfo. Mamta Binani, Partha Sengupta, Nipun Jain, and Three other members 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

    U27100MH1970PLC014621

  • Company No.

    014621

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    27 Apr 1970

  • Date of AGM

    21 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Metals and Minerals

What products or services does Evonith Value Steel Limited offer?

Evonith Value Steel Limited offers a wide range of products and services, including Boilers & Boiler Parts, Industrial Boilers, Steel & Stainless Steel Products, Steel and Stainless Steel Coils, Marine Tools & Equipments, Marine Equipments, Industrial Steel, Prepainted Steel, Cold Rolled Coils.

Who are the key members and board of directors at Evonith Value Steel?

Executive Team (3)

NameDesignationAppointment DateStatus
Anil Bangur Country flag representing In CEO30-Dec-2020Current
Kavita Maniar Company Secretary04-Jan-2024Current
Nagraj Mogavira CFO15-Feb-2024Current

Board Members (6)

NameDesignationAppointment DateStatus
Partha Sengupta Country flag representing In Director 29-Dec-2020Current
Nipun Jain Country flag representing Gb Director 27-Apr-2023Current
Jai Krishna Country flag representing Gb Director 29-Dec-2020Current
Anjani Agrawal Country flag representing In Director 29-Dec-2020Current
Anil Bangur Country flag representing In Whole-Time Director and Ceo 29-Dec-2020Current
Mamta Binani Country flag representing In Director 19-Mar-2021Current

Financial Performance of Evonith Value Steel.

Evonith Value Steel Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 21.55% decrease. The company also saw a substantial fall in profitability, with a 148.46% decrease in profit. The company's net worth observed a substantial decline by a decrease of 10.28%.

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
-21.55%
Revenue from Operations
-21.69%
Total Assets
7.90%
Profit or Loss
-148.46%
Net Worth
-10.28%
EBITDA
-97.72%

What is the Ownership and Shareholding Structure of Evonith Value Steel?

In 2023, Evonith Value Steel had a promoter holding of 95.00% and a public holding of 5.00%. The company had 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

₹680.34 Cr

Satisfied Charges

₹8,309.12 Cr

Charges Breakdown by Lending Institutions

  • Others : 650.34 Cr
  • Standard Chartered Bank : 30.00 Cr

Latest Charge Details

DateLenderAmountStatus
18 Jul 2024Standard Chartered Bank₹30.00 CrOpen
03 Oct 2022Others₹125.00 CrOpen
29 Dec 2020Others₹525.34 CrOpen
31 Dec 2020Others₹275.00 CrSatisfied
22 Sep 2015Union Bank Of India₹50.00 CrSatisfied

How Many Employees Work at Evonith Value Steel?

Evonith Value Steel has a workforce of 932 employees as of Oct 18, 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 Evonith Value Steel, 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 Evonith Value Steel'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 Evonith Value Steel

Recent activity within the organization

  • Charges

    A charge registered on 31 Dec 2020 via Charge ID 100415511 with Others was fully satisfied on 14 Oct 2024.

    14 Oct 2024

  • Charges

    A charge with Standard Chartered Bank amounted to Rs. 30.00 Cr with Charge ID 100971908 was registered on 18 Jul 2024.

    18 Jul 2024

  • Director Appointment

    Nagraj Govind Mogavira was appointed as a Cfo was appointed as a Cfo on 15 Feb 2024 & has been associated with this company since 11 months 16 days .

    15 Feb 2024

  • Director Appointment

    Kavita Maniar was appointed as a Company Secretary was appointed as a Company Secretary on 04 Jan 2024 & has been associated with this company since 1 year 27 days .

    04 Jan 2024

  • Charges

    A charge with Others of Rs. 125.00 Cr registered on 03 Oct 2022 with Charge ID 100613212 was modified on 29 Dec 2023.

    29 Dec 2023

  • Annual General Meeting

    Evonith Value Steel Limited last Annual general meeting of members was held on 21 Sep 2023 as per latest MCA records.

    21 Sep 2023

Recent News, Updates & Announcement

Frequently asked questions

  • Evonith Value Steel Limited was incorporated on 27 Apr 1970.

  • The authorized share capital of Evonith Value Steel Limited is ₹ 2,000.00 Cr and paid-up capital is ₹ 42.11 Cr.

  • Currently 9 directors are associated with Evonith Value Steel Limited.

    • Mamta Binani
    • Partha Sengupta
    • Nipun Gupta Jain
    • Jai Saraf Krishna
    • Anjani Kumar Agrawal
    • Anil Kumar Bangur
    • Anil Kumar Bangur
    • Kavita Maniar
    • Nagraj Govind Mogavira
  • As per Ministry of Corporate Affairs (Mca), the registered address of Evonith Value Steel Limited is 706 To 710 Balarama Building Bandra Kurla, Complex Road E Block Bkc Bandra (East), Mumbai, Maharashtra, India, 400051.

  • The corporate identification number (CIN) of Evonith Value Steel Limited is U27100MH1970PLC014621 and the company number is 014621 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Evonith Value Steel Limited is https://www.evonith.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Evonith Value Steel Limited has fallen by -21.55%.

  • As Per 2023 financial reports, 932 employees are currently employed by Evonith Value Steel Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Evonith Value Steel Limited has experienced an downturn of -10.28%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Evonith Value Steel Limited amount to ₹ 680.34 Cr.

  • The most recent Balance Sheet for Evonith Value Steel Limited was filed with the ROC on 31 Mar 2023.

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