Heavy Engineering Corporation Profile
Key Indicators
- Authorised Capital ₹ 1,000.00 Cr
- Paid Up Capital ₹ 606.08 Cr
- Company Age 66 Year, 1 Month
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 408.00 Cr
- Revenue Growth -45.68%
- Profit Growth 9.85%
- Ebitda 17.76%
- Net Worth -28.03%
- Total Assets -21.45%
About Heavy Engineering Corporation
Heavy Engineering Corporation Private Limited (HECPL) was founded in India on 31 December 1958 and has a glorious history of 66 years and one month. Its registered office is in Ranchi, Jharkhand.
The Corporate was formerly known as Heavy Engineering Corporation Limited. The Company is engaged in the Machinery And Equipment 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 1,000.00 Cr and a paid-up capital of Rs 606.08 Cr.
The company currently has active open charges totaling ₹408.00 Cr.
The Key Managerial Personnel (KMP) at Heavy Engineering Corporation Private Limited India is Abhay Kanth as COMPANY SECRETARY. Rana Chakravarty, Koppu Murthy, Rajesh Kumar, and Eight other members serve as directors at the Company.
Company Details
- Location Ranchi, Jharkhand
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U27100JH1958GOI000630
- Company No.
000630
- Company Classification
Private Limited Union Government Company
- Incorporation Date
31 Dec 1958
- Date of AGM
10 Nov 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Jharkhand
Industry
What products or services does Heavy Engineering Corporation Private Limited offer?
Heavy Engineering Corporation Private Limited offers a wide range of products and services, including Forgings, Forging Parts & Supplies, Forged Components, Drilling & Boring Equipment, Boring Machine, Industrial Furnaces & Ovens, Heating Furnace, Casting, Moulding & Forging Machines, Casting Machines, Building & Construction Machines, Crushing Machines & Plants.
Who are the key members and board of directors at Heavy Engineering Corporation?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Koppu Murthy  | Managing Director | 01-Nov-2023 | Current |
| Abhay Kanth | Company Secretary | 17-Nov-2005 | Current |
Board Members (10)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Rajesh Kumar | Nominee Director | 01-Nov-2021 | Current |
| Rana Chakravarty | Whole-Time Director | 15-Jan-2018 | Current |
| Prabha Dubey | Director | 02-Nov-2021 | Current |
| Kamal Naik | Director | 02-Nov-2021 | Current |
| Ravindra Gole | Director | 02-Nov-2021 | Current |
| Vijay Mittal | Nominee Director | 13-Mar-2023 | Current |
Financial Performance of Heavy Engineering Corporation.
Heavy Engineering Corporation Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 45.68% decrease. The company also saw a slight improvement in profitability, with a 9.85% increase in profit. The company's net worth observed a substantial decline by a decrease of 28.03%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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What is the Ownership and Shareholding Structure of Heavy Engineering Corporation?
In 2023, Heavy Engineering Corporation had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Tumakuru Machine Tool ParkVijay Mittal is a mutual person
Hmt Machine Tools LimitedRajesh Kumar is a mutual person
Paras Healthcare (Ranchi) Private LimitedManoj Lakra is a mutual person
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Engineering Projects (India) LimitedRajesh Kumar is a mutual person
Bharat Heavy Electricals LimitedKoppu Murthy and Vijay Mittal are mutual person
Veedol Corporation LimitedVijay Mittal is a mutual person
Charges (Loans)
₹408.00 Cr
₹0
Charges Breakdown by Lending Institutions
- State Bank Of India : 408.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 01 Jan 1993 | State Bank Of India | ₹408.00 Cr | Open |
How Many Employees Work at Heavy Engineering Corporation?
Heavy Engineering Corporation has a workforce of 1737 employees as of Dec 12, 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 Heavy Engineering Corporation, 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 Heavy Engineering Corporation'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
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