Navayuga Engineering Company Profile
Key Indicators
- Authorised Capital ₹ 50.10 Cr
- Paid Up Capital ₹ 44.66 Cr
- Company Age 38 Year, 4 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 11,379.49 Cr
- Satisfied Charges ₹ 23,739.71 Cr
- Revenue Growth 11.54%
- Profit Growth 21.57%
- Ebitda -6.54%
- Net Worth 8.36%
- Total Assets -4.11%
About Navayuga Engineering Company
Navayuga Engineering Company Limited (NECL) is a leading Public Limited Indian Non-Government Company incorporated in India on 06 November 1986 and has a history of 38 years and four months. Its registered office is in Visakhapatnam, Andhra Pradesh, India.
The Corporate was formerly known as Navayuga Engineering Company Private Limited. The Company is engaged in the Engineering 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 50.10 Cr and a paid-up capital of Rs 44.66 Cr.
The company currently has active open charges totaling ₹11,379.49 Cr. The company has closed loans amounting to ₹23,739.71 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Navayuga Engineering Company Limited India are Gowrinath Atluri as Ceo, Ashish Kumar as Company Secretary, and Sachin Bhansali as Cfo. Chinta Sridhar, Ramesh Yedduri, Sailaja Moturu, and Three other members serve as directors at the Company.
Company Details
- Location
Visakhapatnam, Andhra Pradesh, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U45203AP1986PLC006925
- Company No.
006925
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
06 Nov 1986
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Vijayawada
Industry
Engineering
Infrastructure and Utilities
What products or services does Navayuga Engineering Company Limited offer?
Navayuga Engineering Company Limited offers a wide range of products and services, including Architectural & Civil Engineering, Engineering Consultant Service, Civil Engineering Service, Architectural Services, Foundation Engineering, Electrical & Signaling Contractors, Power Engineering Service, Building & Real Estate Developers, Construction Service, BPO Operations and Services.
Who are the key members and board of directors at Navayuga Engineering Company?
Executive Team (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Sachin Bhansali  | CFO | 01-Jan-2016 | Current |
| Chinta Sridhar | Managing Director | 28-Dec-1995 | Current |
| Gowrinath Atluri | CEO | 19-Aug-2024 | Current |
| Ashish Kumar | Company Secretary | 01-Jul-2023 | Current |
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Ramesh Yedduri | Whole-Time Director | 01-Sep-2016 | Current |
| Sailaja Moturu | Director | 01-Jul-2015 | Current |
| Govind Chinta | Whole-Time Director | 01-Dec-2021 | Current |
| Visweswara Chinta | Whole-Time Director | 06-Nov-1986 | Current |
Financial Performance of Navayuga Engineering Company.
Navayuga Engineering Company Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 11.54% increase. The company also saw a substantial improvement in profitability, with a 21.57% increase in profit. The company's net worth moved up by a moderate rise of 8.36%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Navayuga Engineering Company?
In 2023, Navayuga Engineering Company had a promoter holding of 66.65% and a public holding of 33.35%. The company had 12 Subsidiaries and 9 Associate Companies. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Well-Do Holdings And Exports Private LimitedChinta Sridhar is a mutual person
Krishnapatnam Infratech LimitedChinta Sridhar, Sailaja Moturu and 2 more are mutual person
Cvr Life Sciences Private LimitedGovind Chinta and Visweswara Chinta are mutual person
Vividminds Technologies Private LimitedVisweswara Chinta is a mutual person
Navayuga Jahnavi Toll Bridge Private LimitedChinta Sridhar and Visweswara Chinta are mutual person
- Navayuga Infrastructure Corporation Private Limited
Chinta Sridhar is a mutual person
Charges (Loans)
Open Charges
₹11,379.49 Cr
Satisfied Charges
₹23,739.71 Cr
Charges Breakdown by Lending Institutions
- Others : 10145.47 Cr
- Idbi Trusteeship Services Limited : 829.00 Cr
- Yes Bank Limited : 177.19 Cr
- Standard Chartered Bank : 109.00 Cr
- Karnataka Bank Ltd. : 40.44 Cr
- Others : 78.40 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 09 Oct 2024 | Others | ₹8.37 M | Open |
| 09 Oct 2024 | Others | ₹8.37 M | Open |
| 09 Oct 2024 | Others | ₹8.37 M | Open |
| 09 Oct 2024 | Others | ₹8.37 M | Open |
| 09 Oct 2024 | Others | ₹8.37 M | Open |
How Many Employees Work at Navayuga Engineering Company?
Navayuga Engineering Company has a workforce of 1327 employees as of Mar 22, 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 Navayuga Engineering Company, 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 Navayuga Engineering Company'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
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 Navayuga Engineering Company
Recent activity within the organization
- Charges
A charge registered on 28 Sep 2021 via Charge ID 100491016 with Others was fully satisfied on 16 Oct 2024.
- Charges
A charge with Others amounted to Rs. 0.84 Cr with Charge ID 100993111 was registered on 09 Oct 2024.
- Charges
A charge with Others amounted to Rs. 0.84 Cr with Charge ID 100993116 was registered on 09 Oct 2024.
- Charges
A charge with Others amounted to Rs. 0.84 Cr with Charge ID 100993118 was registered on 09 Oct 2024.
- Charges
A charge with Others amounted to Rs. 0.84 Cr with Charge ID 100993120 was registered on 09 Oct 2024.
- Charges
A charge with Others amounted to Rs. 0.84 Cr with Charge ID 100993126 was registered on 09 Oct 2024.
Recent News, Updates & Announcement
Athena Demwe bid: NCLAT rejects Navayuga Engineering Company's plea.The National Company Law Appellate Tribunal rejected Navayuga Engineering's appeal against disqualification from bidding for the Athena Demwe Power project. The Lower Demwe hydroelectric project, delayed due to forest clearances, faced disqualification based on Section 29A of the IBC. A revival plan from Sikkim Power Investment Corporation is awaiting tribunal approval..
- High court to hear AP Genco’s Polavaram plea on September 4.
AP Genco moved the high court alleging that NECL had hidden many details in its original petition and obtained orders in its favour by misleading the court.
- Andhra HC suspends AP Genco's order terminating Polavaram project contract.
Justice D V S S Somayajulu noted that the termination of the contract was not in accordance with the settled principles of law..
- Navayuga Engineering begins development of Machilipatnam Port.
February 8, 2019: Navayuga Engineering Company Limited (NECL) the flagship entity of Navayuga Group has announced that it has started the development of Machilipatnam Port, one of the most... .
- Armed with Guinness record, Navayuga now eyes global markets.
NEC hopes to complete most civil works of Polavaram irrigation project by June this year and start exploring similar projects where the equipment can be deployed..
Frequently asked questions
What is the Incorporation or founding date of Navayuga Engineering Company Limited?
Navayuga Engineering Company Limited was incorporated on 06 Nov 1986.
What is authorized share capital and paid-up capital of Navayuga Engineering Company Limited?
The authorized share capital of Navayuga Engineering Company Limited is ₹ 50.10 Cr and paid-up capital is ₹ 44.66 Cr.
Who are the current board members & directors of Navayuga Engineering Company Limited?
Currently 9 directors are associated with Navayuga Engineering Company Limited.
- Chinta Sridhar
- Ramesh Yedduri
- Sailaja Moturu
- Govind Viswesh Chinta
- Gowrinath Atluri
- Ashish Kumar
- Sachin Kumar Bhansali
- Sachin Kumar Bhansali
- Visweswara Rao Chinta
What is the registered address of Navayuga Engineering Company Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Navayuga Engineering Company Limited is D No 48-9-17 Dwaraka Nagar Visakhapatnam, India, Andhra Pradesh, 530016.
What is the corporate identification number (CIN) and company number of Navayuga Engineering Company Limited?
The corporate identification number (CIN) of Navayuga Engineering Company Limited is U45203AP1986PLC006925 and the company number is 006925 as per Ministry of Corporate Affairs (MCA).
What is the official website of Navayuga Engineering Company Limited?
The Official website of Navayuga Engineering Company Limited is https://www.necltd.com
What has been the recent revenue trend for Navayuga Engineering Company Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Navayuga Engineering Company Limited has risen by 11.54%.
How many employees does Navayuga Engineering Company Limited currently have?
As Per 2023 financial reports, 1327 employees are currently employed by Navayuga Engineering Company Limited.
What change has been observed in the net worth of Navayuga Engineering Company Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Navayuga Engineering Company Limited has experienced an upsurge of 8.36%.
What are the total open charges for Navayuga Engineering Company Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Navayuga Engineering Company Limited amount to ₹ 11,379.49 Cr.
When was the last Balance Sheet of Navayuga Engineering Company Limited filed with the ROC?
The most recent Balance Sheet for Navayuga Engineering Company Limited was filed with the ROC on 31 Mar 2023.
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