About Ece Industries Limited
Data last updated:
Ece Industries Limited is a public limited company based in Ghaziabad, Uttar Pradesh, India. It operates in the material handling and storage equipment segment of the machinery and industrial equipment sector. It was incorporated on 13 June 1945 and has been in existence for over 81 years.
The company is registered with the Registrar of Companies (ROC), Kanpur, under CIN U31500UP1945PLC219439. Its GSTIN is 09AAACE1936C1Z1 (Uttar Pradesh). The company holds 28 GST registrations, of which 22 are active.
The company has an authorised share capital of ₹15 Cr and a paid-up capital of ₹3.78 Cr. It is led by directors including Prakash Kumar Mohta (Managing Director) and Rajat Sharma (Nodal Officer).
Its last annual general meeting (AGM) was held on 26 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at A – 20 Industrial Area Meerut Road, Ghaziabad, Uttar Pradesh, India – 201001.
As per the financials filed for FY 2025, the company reported a revenue of ₹902.72 Cr, a growth of 23% compared to the previous year. For the same year it recorded a net profit of ₹59.05 Cr (net margin 6.5%) and EBITDA of ₹89.14 Cr (EBITDA margin 9.9%). Revenue has grown at a compounded annual rate (CAGR) of 26% over three years and 23% over five years.
The company has about 522 employees on its provident fund (EPFO) records. Its group structure includes 2 subsidiaries.
The company is associated with 2 brands: ECE Elevators and ECE Industries Ltd. As per MCA filings, the company has open charges of ₹792.08 Cr and satisfied charges of ₹1,461.13 Cr on record. Court records list 292 cases involving the company, including 182 filed by the company and 94 filed against it; 25 cases are pending. The company has 23 deals on record (23 market trades); the latest was in January 2015. Its 10 peer companies in the Machinery and Equipment industry (Material Handling Equipment, Power Equipment Manufacturers) are compared by revenue, 5 larger and 5 smaller; the largest is Microtek New Technologies Private Limited with revenue of ₹990.18 Cr. The company has 16 MSME Form 1 returns on record between 2019 and 2024, listing 1,265 overdue payments to 72 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website eceindustriesltd.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressA – 20 Industrial Area Meerut Road, Ghaziabad, Uttar Pradesh, India – 201001
- IndustryMachinery and Equipment, Material Handling & Storage Equipment
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
- One PDF report, delivered after checkout
Business Activity of Ece Industries Limited
The main business activity of Ece Industries is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Ece Industries Limited FY 2025 filings available
Ece Industries Limited reported revenue of ₹902.72 Cr (up 23% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Ece Industries Limited
Revenue has grown at a compounded annual rate (CAGR) of 23% over five years, including 23% growth in the latest year. EBITDA rose 59% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary of Ece Industries Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹89.14 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹59.05 Cr | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Ece Industries Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 9.9% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 6.5% | •••• | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• | •••• |
| Liquidity and Debt | |||||
| Current Ratio | •••• | •••• | •••• | •••• | •••• |
| Quick Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• | •••• | •••• |
| Inventory Days | •••• | •••• | •••• | •••• | •••• |
| Revenue Growth | •••• | •••• | •••• | •••• | •••• |
| Net Profit Growth | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Ece Industries are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Ece Industries Limited
Ece Industries Limited is compared with the companies closest to it by revenue in the Machinery and Equipment industry (Material Handling Equipment, Power Equipment Manufacturers). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Microtek New Technologies Private Limited | ₹990.18 Cr (FY 2025) | •••• | •••• | 75.0% | •••• | Delhi, India |
| Linkwell Telesystems Private Limited | ₹986.04 Cr (FY 2025) | •••• | •••• | 8.0% | •••• | Hyderabad, Telangana, India |
| Nidec Industrial Automation India Private Limited | ₹957 Cr (FY 2024) | •••• | •••• | 13.0% | •••• | Bangalore, Karnataka, India |
| TDK India Private Limited | ₹954.98 Cr (FY 2025) | •••• | •••• | -8.0% | •••• | Nadia, West Bengal, India |
| Jakson Engineers Limited | ₹947.32 Cr (FY 2025) | •••• | •••• | 27.0% | •••• | New Delhi, Delhi, India |
| Ece Industries Limited this company | ₹902.72 Cr (FY 2025) | •••• | •••• | 23.0% | •••• | Ghaziabad, Uttar Pradesh, India |
| Exicom Tele-Systems Limited | ₹898.8 Cr (FY 2025) | •••• | •••• | -13.0% | •••• | Solan, Himachal Pradesh, India |
| Voith Hydro Private Limited | ₹843.24 Cr (FY 2025) | •••• | •••• | -4.0% | •••• | Delhi, India |
| Schneider Electric Systems India Private Limited | ₹839.25 Cr (FY 2025) | •••• | •••• | -2.0% | •••• | Chennai, Tamil Nadu, India |
| Honda India Power Products Limited Listed | ₹836.51 Cr (FY 2025) | •••• | •••• | -19.0% | •••• | New Delhi, Delhi, India |
| Mitsubishi Elevator India Private Limited | ₹836.5 Cr (FY 2025) | •••• | •••• | 17.0% | •••• | Kolar, Karnataka, India |
Peers are the five companies nearest above and the five nearest below Ece Industries by revenue in the Machinery and Equipment industry (Material Handling Equipment, Power Equipment Manufacturers), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Ece Industries Limited
Ece Industries Limited is audited by VSD & Associates for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| VSD & Associates | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors and KMP of Ece Industries Limited
Ece Industries Limited currently reports 6 directors and 1 key managerial person. 16 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rajat Sharma Also directs: Universal Invesco Limited | Nodal Officer | 01 Nov 2019 | 6 Years 11 Months | Current |
| Naveen Bhatter Also directs: Bhatter Agency Ltd, Giriraj Synthetics & Textures Pvt Ltd, Thirani Resources Pvt Ltd and 5 more | Additional Director | 22 Nov 2025 | 0 Years 10 Months | Current |
| Prakash Kumar Mohta Also directs: Universal Invesco Limited, Advitkarma Enterprises LLP, Bhukhand Developers LLP and 5 more | Managing Director | 18 Jan 2007 | 19 Years 8 Months | Current |
| Yogesh Dahyalal Korani Also directs: Clarion Health Food LLP, Clarion Fresh Foods Private Limited, Fiabila India Private Limited and 5 more | Director | 14 Feb 2018 | 8 Years 7 Months | Current |
| Maulashree Gani | Director | 19 Jan 2015 | 11 Years 8 Months | Current |
| Sakate Khaitan Also directs: Universal Invesco Limited, Birla Elevators Limited, Ece Transformers Limited and 1 more | Director | 27 May 2008 | 18 Years 4 Months | Current |
Ownership and Shareholding of Ece Industries Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Ece Industries Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 12 Dec 2025 | Axis Bank Limited | ₹70 Cr | Open |
| 08 Oct 2025 | Others | ₹50 Cr | Open |
| 21 Jul 2025 | Indian Bank | ₹7 Lakh | Open |
| 30 Jun 2025 | Others | ₹1.91 Cr | Open |
| 28 Apr 2025 | Others | ₹150 Cr | Open |
Total charge records: 39 View all charges
Deals & Funding of Ece Industries Limited
Ece Industries Limited has 23 deals on record (23 market trades); the latest was in January 2015.
Deals on record (5 of 23)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jan 2015 | Market trade | ₹66.8 Lakh | Seller: Jai Annanya Investments Private Limited |
| Feb 2014 | Market trade | ₹3.24 Cr | Buyer: an individual Seller: Antique Capital Markets Private Limited |
| Mar 2012 | Market trade | ₹1 Cr | Buyer: Pat Financial Consultants Pvt Ltd Seller: an individual |
| May 2010 | Market trade | ₹3.32 Cr | Buyer: Pat Financial Consultant Pvt Ltd, Gandiv Investment Private Limited Seller: BJD Securities Private Limited |
| Mar 2010 | Market trade | ₹1.07 Cr | Seller: Gandiv Investment Private Limited |
Full deal history
All 23 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of Ece Industries Limited
Ece Industries Limited has 292 court cases on record: 182 filed by Ece Industries, 94 filed against it, 16 where it is another party. 25 cases are pending and 267 are disposed. Status as checked between 21 Sep 2026 and 05 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 199 | 61 | 16 |
| District courts | 89 | 30 | 9 |
| Supreme Court | 4 | 3 | 0 |
Cases on record (5 of 292)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Delhi | Court case (EFA(OS)) | Filed against the company by Bses Rajdhani Power Limited | Pending |
| High Court of Delhi | Court case (EFA(OS)) | Filed against the company by Bses Yamuna Power Limited | Pending |
| District court, Khurda, Odisha | Court case (I . c. c) | Filed by the company against DRM Infrastructure Private Limited | Pending |
| District court, New Delhi, Delhi | Criminal case | Filed by the company against Gei Industrial Systems Limited | Pending |
| District court, New Delhi, Delhi | Criminal case | Filed by the company against Amar Remedies Limited | Pending |
Full case history
All 292 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME Payment Delays by Ece Industries Limited
Ece Industries Limited has 16 MSME Form 1 returns on record between 2019 and 2024, listing 1,265 overdue payments to 72 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 72)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | •••• | •••• | •••• |
| Viat Instruments Pvt.Ltd. | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| Everest Electricals | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 16 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Associated Brands with Ece Industries Limited
Ece Industries operates two associated brands: ECE Elevators and ECE Industries Ltd. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Transformers, elevators, meters, and switch-gear plants are manufactured by ECE. | eceindustriesltd.com | |
| Elevator manufacturing and services are conducted in India. | eceelevators.com |
Employees and EPFO Compliance at Ece Industries Limited
Ece Industries Limited has a workforce of 522 employees as of Apr 08, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Group Structure of Ece Industries Limited
Ece Industries has 2 subsidiary companies. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares Held |
|---|---|---|
| Ece Elevators Limited | U29309UP2022PLC160010 | Locked |
| Ece Transformers Limited | U31900UP2022PLC160117 | Locked |
Showing major subsidiaries. Total: 2.
CIN History of Ece Industries Limited
Ece Industries has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U31500UP1945PLC219439, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U31500UP1945PLC219439 | Current |
| U31500DL1945PLC008279 | Previous |
| L31500DL1945PLC008279 | Previous |
News related to Ece Industries Limited
Recent Activity on Ece Industries Limited
Ece Industries Limited has 23 board changes on record since 2007: 7 appointments and 16 cessations. The latest: Naveen Bhatter was appointed as Additional Director on 22 Nov 2025.
86 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Ece Industries Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Ece Industries Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Ece Industries Limited
Ece Industries has 28 GST registrations: 22 active and 6 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 09AAACE1936C1Z1 | Uttar Pradesh | Active | 01 Jul 2017 |
| 03AAACE1936C1ZD | Punjab | Active | 01 Jul 2017 |
| 05AAACE1936C1Z9 | Uttarakhand | Active | 01 Jul 2017 |
| 06AAACE1936C1Z7 | Haryana | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Ece Industries Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Ece Industries Limited
Ece Industries is an active public limited company based in Ghaziabad, Uttar Pradesh, India. The company works in material handling and storage equipment, within the machinery and equipment industry. It was incorporated on 13 June 1945 (81+ years old) and is registered under CIN U31500UP1945PLC219439.
Ece Industries reported revenue of ₹902.72 Cr for FY 2025 (up 23% YoY).
Ece Industries has 7 current directors and KMP:
- Prakash Kumar Mohta - Managing Director
- Naveen Bhatter - Additional Director
- Yogesh Dahyalal Korani - Director
- Maulashree Gani - Director
- Sakate Khaitan - Director
- Rajat Sharma - Nodal Officer
- Jayshree Jhanwar - Company Secretary
Ece Industries reported a net profit of ₹59.05 Cr (net margin 6.5%) and EBITDA of ₹89.14 Cr (EBITDA margin 9.9%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Ece Industries is 26% over three years and 23% over five years. In the latest year (FY 2025) revenue rose 23%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Ece Industries is 09AAACE1936C1Z1, registered in Uttar Pradesh. The company has 28 GST registrations in all, of which 22 are active and 6 are cancelled or inactive. Other active GSTINs include 03AAACE1936C1ZD (Punjab), 05AAACE1936C1Z9 (Uttarakhand), 06AAACE1936C1Z7 (Haryana).
The CIN (Corporate Identification Number) of Ece Industries is U31500UP1945PLC219439. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ece Industries has 292 court cases on record: 182 filed by the company and 94 filed against it. 25 are pending. Most are in the high courts.
Ece Industries was incorporated on 13 June 1945, making it 81+ years old. It is registered with the Registrar of Companies, Kanpur.
Ece Industries has 23 deals on record (23 market trades); the latest was in January 2015.
The peers of Ece Industries by revenue are Microtek New Technologies Private Limited, Linkwell Telesystems Private Limited, Nidec Industrial Automation India Private Limited, TDK India Private Limited, Jakson Engineers Limited and 5 more, all in the Machinery and Equipment industry (Material Handling Equipment, Power Equipment Manufacturers).
Naveen Bhatter was appointed as Additional Director on 22 Nov 2025. Jayshree Jhanwar was appointed as Company Secretary on 01 May 2025. Basant Kumar Daga ceased to be Additional Director on 30 Sep 2022. Ece Industries has 23 board changes on record in total.