Navayuga Engineering Company Limited

Executes civil construction contracts on EPC basis and specializes in varied sectors such as marine structures, irrigation, and power projects.

1986 | Visakhapatnam, Andhra Pradesh (India) | Active
Last Updated: November 16, 2024

Navayuga Engineering Company Profile

Key Indicators

  • Authorised Capital ₹ 50.10 Cr
  • Paid Up Capital ₹ 44.66 Cr
  • Company Age 38 Year, 2 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 two 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 Country flag representing In CFO 01-Jan-2016 Current
Chinta Sridhar Country flag representing In Managing Director 28-Dec-1995 Current
Gowrinath Atluri Country flag representing In CEO 19-Aug-2024 Current
Ashish Kumar Country flag representing In Company Secretary 01-Jul-2023 Current

Board Members (4)

Name Designation Appointment Date Status
Ramesh Yedduri Country flag representing In Whole-Time Director 01-Sep-2016 Current
Sailaja Moturu Country flag representing In Director 01-Jul-2015 Current
Govind Chinta Country flag representing In Whole-Time Director 01-Dec-2021 Current
Visweswara Chinta Country flag representing In 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%.

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
11.54%
Revenue from Operations
10.73%
Total Assets
-4.11%
Profit or Loss
21.57%
Net Worth
8.36%
EBITDA
-6.54%

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.

Shareholding Indicator graph

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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

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

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 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.

    16 Oct 2024

  • Charges

    A charge with Others amounted to Rs. 0.84 Cr with Charge ID 100993111 was registered on 09 Oct 2024.

    09 Oct 2024

  • Charges

    A charge with Others amounted to Rs. 0.84 Cr with Charge ID 100993116 was registered on 09 Oct 2024.

    09 Oct 2024

  • Charges

    A charge with Others amounted to Rs. 0.84 Cr with Charge ID 100993118 was registered on 09 Oct 2024.

    09 Oct 2024

  • Charges

    A charge with Others amounted to Rs. 0.84 Cr with Charge ID 100993120 was registered on 09 Oct 2024.

    09 Oct 2024

  • Charges

    A charge with Others amounted to Rs. 0.84 Cr with Charge ID 100993126 was registered on 09 Oct 2024.

    09 Oct 2024

Recent News, Updates & Announcement

Frequently asked questions

  • Navayuga Engineering Company Limited was incorporated on 06 Nov 1986.

  • The authorized share capital of Navayuga Engineering Company Limited is ₹ 50.10 Cr and paid-up capital is ₹ 44.66 Cr.

  • 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
  • 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.

  • 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).

  • The Official website of Navayuga Engineering Company Limited is https://www.necltd.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Navayuga Engineering Company Limited has risen by 11.54%.

  • As Per 2023 financial reports, 1327 employees are currently employed by Navayuga Engineering Company Limited.

  • 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%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Navayuga Engineering Company Limited amount to ₹ 11,379.49 Cr.

  • The most recent Balance Sheet for Navayuga Engineering Company Limited was filed with the ROC on 31 Mar 2023.

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