About Echon Industries Limited
Data last updated:
Echon Industries Limited is a public limited company based in Udaipur, Rajasthan, India. It operates in the plastic-based products segment of the manufacturing sector. It was incorporated on 25 April 1995 and has been in existence for over 31 years.
The company is registered with the Registrar of Companies (ROC), Jaipur, under CIN U24101RJ1995PLC009912. The company has 2 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹9 Cr and a paid-up capital of ₹7.1 Cr. It is led by directors including Amit Kumar Modi and Vishnu Kumar Auditchya.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 49 Inside Surajpole Opp.Government Dispensary, Udaipur, Rajasthan, India – 313001.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.45 Cr, a growth of 9% compared to the previous year. For the same year it recorded a net profit of ₹21.3 Lakh (net margin 14.6%) and EBITDA of ₹22.19 Lakh (EBITDA margin 15.3%). Revenue has grown at a compounded annual rate (CAGR) of 28% over three years and 14% over five years.
The company has about 37 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: ECHON. As per MCA filings, the company has open charges of ₹4.25 Cr and satisfied charges of ₹11 Cr on record. Court records list 5 cases involving the company, including 4 filed by the company and 1 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website echon.co.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered Address49 Inside Surajpole Opp.Government Dispensary, Udaipur, Rajasthan, India – 313001
- IndustryManufacturing, Plastic-Based Products
- 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 Echon Industries Limited
The main business activity of Echon Industries is support service to organizations. In detail, this covers other support services to organizations.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| N | Support service to Organizations | N7 | Other support services to organizations | 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 Echon Industries Limited FY 2024 filings available
Echon Industries Limited reported revenue of ₹1.45 Cr (up 9% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Echon Industries Limited
Revenue has grown at a compounded annual rate (CAGR) of 14% over five years, including 9% growth in the latest year. EBITDA rose 493% 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 Echon Industries Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | ₹22.19 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹21.3 Lakh | •••• | •••• | •••• | •••• |
| 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 Echon Industries Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 15.3% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 14.6% | •••• | •••• | •••• | •••• |
| 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 Echon 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 Echon Industries Limited
Echon Industries Limited is compared with the companies closest to it by revenue in the Outsourcing industry (HR Outsourcing, Plastic Based Products). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Tool-Tech Moulds & Moulding Private Limited | ₹1.46 Cr (FY 2025) | •••• | •••• | 9.0% | •••• | Thane, Maharashtra, India |
| Vir Info Services Private Limited | ₹1.46 Cr (FY 2025) | •••• | •••• | -32.0% | •••• | Dadri, Uttar Pradesh, India |
| Sunray Intexo Private Limited | ₹1.46 Cr (FY 2025) | •••• | •••• | -45.0% | •••• | Bangalore, Karnataka, India |
| Empire Securitas India Private Limited | ₹1.45 Cr (FY 2024) | •••• | •••• | 16.0% | •••• | Rewari, Haryana, India |
| BGK Advisors Private Limited | ₹1.45 Cr (FY 2024) | •••• | •••• | 0.0% | •••• | Bangalore, Karnataka, India |
| Echon Industries Limited this company | ₹1.45 Cr (FY 2024) | •••• | •••• | 9.0% | •••• | Udaipur, Rajasthan, India |
| Vulcan Technicals Services Private Limited | ₹1.45 Cr (FY 2025) | •••• | •••• | 47.0% | •••• | Pune, Maharashtra, India |
| Sara HR Consultants Private Limited | ₹1.45 Cr (FY 2024) | •••• | •••• | -6.0% | •••• | Thane, Maharashtra, India |
| Spoc Management Private Limited | ₹1.45 Cr (FY 2025) | •••• | •••• | -47.0% | •••• | Kolkata, West Bengal, India |
| Mumbai Valet Parking Solutions Private Limited | ₹1.45 Cr (FY 2024) | •••• | •••• | 13.0% | •••• | Mumbai, Maharashtra, India |
| Whetstone Cyber Solutions Private Limited | ₹1.45 Cr (FY 2025) | •••• | •••• | -2.0% | •••• | Hyderabad, Telangana, India |
Peers are the five companies nearest above and the five nearest below Echon Industries by revenue in the Outsourcing industry (HR Outsourcing, Plastic Based Products), 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 Echon Industries Limited
Echon Industries Limited is audited by ANSHUL R JAIN & ASSOCIATES for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| ANSHUL R JAIN & 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 of Echon Industries Limited
Echon Industries has 3 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Amit Kumar Modi | Director | 29 Feb 2016 | 10 Years 7 Months | Current |
| Vishnu Kumar Auditchya Also directs: Qute Extrusions Private Limited | Director | 25 Mar 2002 | 24 Years 6 Months | Current |
| Ramesh Chandra Agrawal | Director | 15 Jun 2019 | 7 Years 3 Months | Current |
Ownership and Shareholding of Echon 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 Echon Industries Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 22 Aug 1997 | Bank of Baroda | ₹4.25 Cr | Open |
| 02 Jun 1999 | Industrial Development Bank of India | ₹1.3 Cr | Satisfied |
| 24 May 1999 | Industrial Development Bank of India | ₹1.3 Cr | Satisfied |
| 12 Apr 1996 | Industrial Development Bank of India | ₹8.4 Cr | Satisfied |
Total charge records: 4 View all charges
Legal Cases of Echon Industries Limited
Echon Industries Limited has 5 court cases on record: 4 filed by Echon Industries, 1 filed against it. All cases are disposed. Status as checked between 29 Sep 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 5 | 1 | 0 |
Cases on record (5 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Rajasthan | Court case (EXCIA) | Filed against the company by Commissioner Central Excise, Udaipur | Disposed |
| High Court of Rajasthan | Interim or miscellaneous application | Filed by the company against State of Raj | Disposed |
| High Court of Rajasthan | Writ petition | Filed by the company against State of Raj | Disposed |
| High Court of Rajasthan | Criminal miscellaneous application | Filed by the company against State | Disposed |
| High Court of Rajasthan | Writ petition | Filed by the company against State | Disposed |
Full case history
All 5 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.
Employees and EPFO Compliance at Echon Industries Limited
Echon Industries Limited has a workforce of 37 employees as of Oct 10, 2025.
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.
Recent Activity on Echon Industries Limited
Echon Industries Limited has 13 board changes on record since 1995: 8 appointments and 5 cessations. The latest: Rajendra Sharma ceased to be Director on 15 Jun 2019.
14 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Echon 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.
MSME Payment Delays by Echon Industries Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Echon 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 Echon Industries Limited
Echon Industries has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
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 Echon 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 Echon Industries Limited
Echon Industries is an active public limited company based in Udaipur, Rajasthan, India. The company works in plastic-based products, within the manufacturing industry. It was incorporated on 25 April 1995 (31+ years old) and is registered under CIN U24101RJ1995PLC009912.
Echon Industries reported revenue of ₹1.45 Cr for FY 2024 (up 9% YoY).
Echon Industries has 3 current directors:
- Amit Kumar Modi - Director
- Vishnu Kumar Auditchya - Director
- Ramesh Chandra Agrawal - Director
Echon Industries reported a net profit of ₹21.3 Lakh (net margin 14.6%) and EBITDA of ₹22.19 Lakh (EBITDA margin 15.3%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Echon Industries is 28% over three years and 14% over five years. In the latest year (FY 2024) revenue rose 9%. CAGR is the steady yearly rate that links the first and the last year.
No. Echon Industries has 2 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of Echon Industries is U24101RJ1995PLC009912. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Echon Industries has 5 court cases on record: 4 filed by the company and 1 filed against it.
Echon Industries was incorporated on 25 April 1995, making it 31+ years old. It is registered with the Registrar of Companies, Jaipur.
The peers of Echon Industries by revenue are Tool-Tech Moulds & Moulding Private Limited, Vir Info Services Private Limited, Sunray Intexo Private Limited, Empire Securitas India Private Limited, BGK Advisors Private Limited and 5 more, all in the Outsourcing industry (HR Outsourcing, Plastic Based Products).
Rajendra Sharma ceased to be Director on 15 Jun 2019. Ramesh Chandra Agrawal was appointed as Director on 15 Jun 2019. Amit Kumar Modi was appointed as Director on 29 Feb 2016. Echon Industries has 13 board changes on record in total.