Neco Ceramics Limited

Manufactures refractory products for global market with capacity of 12500 MTPA of bricks.

1930 | Nagpur, Maharashtra (India) | Active
Last Updated:

Neco Ceramics Profile

Key Indicators

  • Authorised Capital ₹ 1.65 Cr
  • Paid Up Capital ₹ 1.63 Cr
  • Company Age 95 Year, 3 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 3,200.00 Cr
  • Satisfied Charges ₹ 4,786.08 Cr
  • Revenue Growth -62.31%
  • Profit Growth 55.65%
  • Ebitda 54.19%
  • Net Worth -9.82%
  • Total Assets -3.84%

About Neco Ceramics

Neco Ceramics Limited (NCL) was founded in India on 22 February 1930 and has a glorious history of 95 years and three months.Its registered office is in Nagpur, Maharashtra, 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 2024. It's a company limited by shares with an authorized capital of Rs 1.65 Cr and a paid-up capital of Rs 1.63 Cr.

The company currently has active open charges totaling ₹3,200.00 Cr. The company has closed loans amounting to ₹4,786.08 Cr, as per Ministry of Corporate Affairs (MCA) records.

Anand Jayaswal, Avneesh Jayaswal, and Basant Shaw serve as directors at the Company.

Company Details

  • Location

    Nagpur, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U99999MH1930PLC010268

  • Company No.

    010268

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    22 Feb 1930

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Manufacturing
Company report

Neco Ceramics Limited

Explore comprehensive data for Neco Ceramics Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Neco Ceramics?

Board Members (3)

NameDesignationAppointment DateStatus
Anand Jayaswal Country flag representing In Director 04-Sep-2008Current
Avneesh Jayaswal Country flag representing In Director 05-Mar-2012Current
Basant Shaw Country flag representing In Director 01-Apr-2005Current

Financial Performance of Neco Ceramics.

Neco Ceramics Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 62.31% decrease. The company also saw a substantial improvement in profitability, with a 55.65% increase in profit. The company's net worth dipped by a decrease of 9.82%.

Neco Ceramics revenue growth over time
Neco Ceramics 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
-62.31%
Revenue from Operations
-62.30%
Total Assets
-3.84%
Profit or Loss
55.65%
Net Worth
-9.82%
EBITDA
54.19%

What is the Ownership and Shareholding Structure of Neco Ceramics?

In 2022, Neco Ceramics had a promoter holding of 98.48% and a public holding of 1.52%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹3,200.00 Cr

Satisfied Charges

₹4,786.08 Cr

Charges Breakdown by Lending Institutions

  • Others : 3200.00 Cr

Latest Charge Details

DateLenderAmountStatus
18 Dec 2023Others₹3,200.00 CrOpen
07 Nov 2012State Bank Of India₹0.51 MSatisfied
25 Jun 2012Others₹4,525.86 CrSatisfied
20 Dec 2006Allahabad Bank₹222.43 CrSatisfied
27 Sep 2006Allahabad Bank₹30.43 CrSatisfied

How Many Employees Work at Neco Ceramics?

Unlock and access historical data on people associated with Neco Ceramics, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee growth trends for Neco Ceramics Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Neco Ceramics, 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 Neco Ceramics'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 Neco Ceramics

Recent activity within the organization

  • Annual General Meeting

    Neco Ceramics Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Balance Sheet

    Neco Ceramics Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

  • Charges

    A charge with Others amounted to Rs. 3,200.00 Cr with Charge ID 100835082 was registered on 18 Dec 2023.

  • Charges

    A charge registered on 25 Jun 2012 via Charge ID 10364493 with Others was fully satisfied on 14 Dec 2023.

  • Charges

    A charge with Others of Rs. 4,525.86 Cr registered on 25 Jun 2012 with Charge ID 10364493 was modified on 14 Dec 2022.

  • Charges

    A charge registered on 27 Sep 2006 via Charge ID 10025579 with Allahabad Bank was fully satisfied on 09 Aug 2017.

Recent News, Updates & Announcement

Frequently asked questions

  • What is the Incorporation or founding date of Neco Ceramics Limited?

    Neco Ceramics Limited was incorporated on 22 Feb 1930.

  • What is authorized share capital and paid-up capital of Neco Ceramics Limited?

    The authorized share capital of Neco Ceramics Limited is ₹ 1.65 Cr and paid-up capital is ₹ 1.63 Cr.

  • Who are the current board members & directors of Neco Ceramics Limited?

    Currently 3 directors are associated with Neco Ceramics Limited.

    • Anand Jayaswal
    • Avneesh Jayaswal
    • Basant Lal Shaw

  • What is the registered address of Neco Ceramics Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Neco Ceramics Limited is Bagadganj India, Nagpur, Maharashtra, 440008.

  • What is the corporate identification number (CIN) and company number of Neco Ceramics Limited?

    The corporate identification number (CIN) of Neco Ceramics Limited is U99999MH1930PLC010268 and the company number is 010268 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Neco Ceramics Limited?

    The Official website of Neco Ceramics Limited is https://www.necoindia.com

  • What has been the recent revenue trend for Neco Ceramics Limited?

    According to the financial reports for the fiscal year 2022, the revenue trend for Neco Ceramics Limited has fallen by -62.31%.

  • What change has been observed in the net worth of Neco Ceramics Limited, and by what percentage?

    The financial reports for the fiscal year 2022 indicates that The net worth of Neco Ceramics Limited has experienced an downturn of -9.82%.

  • What are the total open charges for Neco Ceramics Limited?

    As per the financial statements for fiscal Year 2022, The total open charges for Neco Ceramics Limited amount to ₹ 3,200.00 Cr.

  • When was the last Balance Sheet of Neco Ceramics Limited filed with the ROC?

    The most recent Balance Sheet for Neco Ceramics Limited was filed with the ROC on 31 Mar 2024.

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