Econ Cylinders Private Limited

Econ Cylinders Private Limited - machinery and equipment in Visakhapatnam, Andhra Pradesh, India. FY 2026 financials & compliance.
CIN U29253AP2012PTC080141 Incorporated 04 April 2012 ROC Vijayawada HQ Visakhapatnam, Andhra Pradesh, India
Active Private Limited Company machinery and equipment MSME · Medium
Data last updated
Revenue · FY 2023
₹52.47 Cr
▼ 13% YoY
Net profit · FY 2023
₹14.65 Lakh
Net margin 0.3%
EBITDA · FY 2023
₹1.03 Cr
EBITDA margin 2%
Authorised capital
₹2.5 Cr
Registered with MCA
Paid-up capital
₹2.21 Cr
Issued & subscribed
Open charges
₹28 Cr
Satisfied ₹11.27 Cr
Company age
14 yrs
Est. 2012
Employees · EPFO
7
Provident fund records

About Econ Cylinders Private Limited

Data last updated:

Econ Cylinders Private Limited is a private limited company based in Visakhapatnam, Andhra Pradesh, India. It operates in the industrial machinery manufacturing segment of the machinery and industrial equipment sector. It was incorporated on 04 April 2012 and has been in existence for over 14 years.

The company is registered with the Registrar of Companies (ROC), Vijayawada, under CIN U29253AP2012PTC080141. Its GSTIN is 37AADCE0077H1ZR (Andhra Pradesh).

The company has an authorised share capital of ₹2.5 Cr and a paid-up capital of ₹2.21 Cr. It is led by directors Konica Gupta and Binoy Poddar.

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 Plot No. 4 5th Cross G – Block Auto Nagar, Visakhapatnam, Andhra Pradesh, India – 530012.

As per the financials filed for FY 2023, the company reported a revenue of ₹52.47 Cr, a decline of 13% compared to the previous year. For the same year it recorded a net profit of ₹14.65 Lakh (net margin 0.3%) and EBITDA of ₹1.03 Cr (EBITDA margin 2%). Revenue has grown at a compounded annual rate (CAGR) of 6% over three years and 2% over five years.

The company has about 7 employees on its provident fund (EPFO) records.

As per MCA filings, the company has open charges of ₹28 Cr and satisfied charges of ₹11.27 Cr on record. Court records list 4 cases involving the company, including 2 filed by the company and 2 filed against it. The company has 3 deals on record (2 funding rounds, 1 secondary share transfer), with disclosed funding of ₹2.4 Cr; the latest was in March 2021.

Econ Cylinders Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-AP-10-0008194). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website sahuwalagroup.com.

Company details

CIN U29253AP2012PTC080141
Registration Number 080141
Incorporation Date 04 April 2012
ROC Vijayawada
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-AP-10-0008194
Key People
Konica Gupta Director Binoy Poddar Director

Recognitions & Rankings of Econ Cylinders

MSME (Udyam registered) Ministry of MSME
Category
Medium (2024-25)
Udyam number
UDYAM-AP-10-0008194

Contact details

Econ Cylinders Private Limited's registered office is in Visakhapatnam, Andhra Pradesh. Its website is sahuwalagroup.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    sahuwalagroup.com
  • Registered Address
    Plot No. 4 5th Cross G – Block Auto Nagar, Visakhapatnam, Andhra Pradesh, India – 530012
  • Industry
    Machinery and Equipment, Industrial Machinery Manufacturing

To see the full contact details of Econ Cylinders Private Limited, buy the company report.

Comprehensive company report
Econ Cylinders Private Limited - one report that includes everything
  • 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
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Financials of Econ Cylinders Private Limited

FY 2024 filings available

Econ Cylinders Private Limited reported revenue of ₹52.47 Cr (down 13% YoY) for FY 2023.

Revenue · FY 2023
₹52.47 Cr ▼ 13%
Net profit · FY 2023
₹14.65 Lakh margin 0.3%
EBITDA · FY 2023
₹1.03 Cr margin 2%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 13%
3 years · compounded
▲ 6%
5 years · compounded
▲ 2%
EBITDA CAGR growth
3 years · compounded
▼ 38%
5 years · compounded
▼ 16%

Revenue fell 13% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 2%. 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

MetricsFY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue₹52.47 Cr
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹1.03 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹14.65 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

MetricsFY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
Profitability
EBITDA Margin2%
Net Profit Margin0.3%
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

To see the full financial statements and ratios of Econ Cylinders Private Limited, buy the company report.

Board of directors of Econ Cylinders Private Limited

Econ Cylinders has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Konica Gupta
Also directs: Dolphin Finance and Investment Company Limited, Godavari Roller Flour Mills Private Limited, Coromandel Roller Flour Mills Pvt Ltd and 2 more
Director04 Apr 201214 Years 7 MonthsCurrent
Binoy Poddar
Also directs: Mahalakshmi Constructions LLP, Kesari Nandan Tie Up Private Limited, Elexi Consultancy Services Private Limited and 1 more
Director01 Feb 201412 Years 9 MonthsCurrent
View all directors

Auditor

Econ Cylinders Private Limited is audited by C.VENKATA KRISHNA & CO. for the financial year 2023.

Auditor firmFinancial yearFirm registration number
C.VENKATA KRISHNA & CO.FY 2023004599S

Shareholding

The shareholding of Econ Cylinders Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2023FY 2021FY 2018FY 2017FY 2016
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Econ Cylinders Private Limited, buy the company report.

Charges & borrowings

Open charges
₹28 Cr
Satisfied charges
₹11.27 Cr
Breakdown by lending institutions
Sidbi₹15.00 Cr
Hdfc Bank Limited₹13.00 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
11 Aug 2025101143626Sidbi₹15 CrOpen
25 May 2022100582205Hdfc Bank Limited₹13 CrOpen
19 Jun 2020100344205Sidbi₹27.49 LakhSatisfied
05 Dec 2018100220502Sidbi₹1 CrSatisfied
26 Aug 2016100048287Others₹1.5 CrSatisfied

To see the full charge records of Econ Cylinders Private Limited, buy the company report.

Total charge records: 6 View all charges

Deals & funding

Econ Cylinders Private Limited has 3 deals on record (2 funding rounds, 1 secondary share transfer), with disclosed funding of ₹2.4 Cr; the latest was in March 2021.

Total deals
3
Funding rounds
2
Secondary share transfer
1
Disclosed funding
₹2.4 Cr

Deals on record (3 of 3)

WhenDealAmountParties
Mar 2021Secondary share transferUndisclosedBuyer: 2 individuals
Seller: 3 individuals
May 2016Funding round₹1 CrInvestors: 2 individuals
Mar 2014Funding round₹1.4 CrInvestors: Vighnhar Holding Private Limited, Kesari Nandan Tie Up Parivate Limited, 2 individuals

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

Credit ratings & regulatory alerts

Econ Cylinders Private Limited was last rated by Crisil on 10 Sep 2020.

Rating agencyRated onRating
Crisil10 Sep 2020

To see the full credit ratings and regulatory alerts of Econ Cylinders Private Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Econ Cylinders Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Econ Cylinders Private Limited has a workforce of 7 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.

Employee count
7
Active EPFO establishments
1

GST

Econ Cylinders has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
37AADCE0077H1ZRAndhra PradeshActive01 Jul 2017

To see the full GST registrations and return filing status of Econ Cylinders Private Limited, buy the company report.

Recent activity

Econ Cylinders Private Limited has 4 board changes on record since 2012: 2 appointments and 2 cessations. The latest: Binoy Poddar was appointed as Director on 01 Feb 2014.

Charges
A charge with Sidbi amounted to Rs. 15.00 Cr with Charge ID 101143626 was registered on 11 Aug 2025.
AGM
Econ Cylinders Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Econ Cylinders Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Vijayawada.
Charges
A charge registered on 19 Jun 2020 via Charge ID 100344205 with Sidbi was fully satisfied on 27 Dec 2023.
Charges
A charge registered on 05 Dec 2018 via Charge ID 100220502 with Sidbi was fully satisfied on 27 Dec 2023.
Charges
A charge registered on 05 Nov 2013 via Charge ID 10466482 with Others was fully satisfied on 12 Jul 2022.
Charges
A charge registered on 26 Aug 2016 via Charge ID 100048287 with Others was fully satisfied on 01 Jun 2022.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 13.00 Cr with Charge ID 100582205 was registered on 25 May 2022.
Charges
A charge with Sidbi amounted to Rs. 0.27 Cr with Charge ID 100344205 was registered on 19 Jun 2020.
Charges
A charge with Sidbi amounted to Rs. 1.00 Cr with Charge ID 100220502 was registered on 05 Dec 2018.
Charges
A charge with Others of Rs. 8.50 Cr registered on 05 Nov 2013 with Charge ID 10466482 was modified on 08 Nov 2018.
Charges
A charge with Others amounted to Rs. 1.50 Cr with Charge ID 100048287 was registered on 26 Aug 2016.

6 earlier events are in the company report.

Frequently asked questions

Econ Cylinders is an active private limited company based in Visakhapatnam, Andhra Pradesh, India. The company works in industrial machinery manufacturing, within the machinery and equipment industry. It was incorporated on 04 April 2012 (14+ years old) and is registered under CIN U29253AP2012PTC080141.

Econ Cylinders has 2 current directors:

The latest financial statements of Econ Cylinders on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.

The GSTIN of Econ Cylinders is 37AADCE0077H1ZR, registered in Andhra Pradesh.

The CIN (Corporate Identification Number) of Econ Cylinders is U29253AP2012PTC080141. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Econ Cylinders has 4 court cases on record: 2 filed by the company and 2 filed against it. Most are in the district courts.

Econ Cylinders was incorporated on 04 April 2012, making it 14+ years old. It is registered with the Registrar of Companies, Vijayawada.

Econ Cylinders has 3 deals on record (2 funding rounds, 1 secondary share transfer), with disclosed funding of ₹2.4 Cr; the latest was in March 2021.

Binoy Poddar was appointed as Director on 01 Feb 2014. Gita Gupta ceased to be Director on 01 Feb 2014. Muralidhar Venkata Naga Yagna Yelurupati ceased to be Director on 28 Oct 2013. Econ Cylinders has 4 board changes on record in total.

Yes, Econ Cylinders is registered as a medium enterprise under Udyam registration (number: UDYAM-AP-10-0008194).