About Econo Trade (India) Ltd
Data last updated: 14 July 2026
Econo Trade (India) Ltd is a public limited company based in Bhavnagar, Gujarat, India. It specialises in investment and credit NBFC, a part of the broader financial services sector. Incorporated on 20 November 1982, the company has been in operation for over 44 years.
Registered with ROC Ahmedabad under CIN L51109GJ1982PLC156832. Listed on BSE: 538708.
Capital: an authorised share capital of ₹18.67 Cr and a paid-up capital of ₹18.67 Cr. It is led by directors including Solanki Ashvinbhai Naranbhai and Irfan Ahmedbhai Belim.
Last AGM: 25 September 2025. Financial statements filed for year ended 31 March 2025. Office: Bhavnagar, Gujarat.
As per BSE-filed standalone financials for FY 2024, the company reported a revenue of ₹7.17 Cr, a growth of 57.85% compared to the previous year. The net worth stands at ₹43.59 Cr (up 6.15% YoY). Total assets are valued at ₹73.25 Cr (up 12.91% YoY).
The company is associated with 1 brand - Econo Trade. As per MCA filings, the company has open charges of ₹5.47 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website econo.in.
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Registered AddressPlot No. 1280 Sh No G/F 9, Eva Surbhi Waghawadi Road, Bhavnagar, Gujarat, India – 364002
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IndustryFinancial Services, Investment & Credit NBFC, NBFC
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
CIN History of Econo Trade (India) Ltd
Econo Trade (India) Ltd has 3 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is L51109GJ1982PLC156832, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L51109GJ1982PLC156832 | Current |
| L99999WB1982PLC035466 | Previous |
| L51109WB1982PLC035466 | Previous |
| U99999WB1982PLC035466 | Previous |
Associated Brands with Econo Trade (India) Ltd
Econo Trade (India) Ltd operates one associated brand: Econo Trade. These brands represent Econo Trade (India) Ltd's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| Corporate and personal loans are offered alongside securities trading. | econo.in |
Competitors & Alternatives of Econo Trade (India) Ltd
Brands and companies operating in the same space as Econo Trade (India) Ltd include Manappuram Finance, L & T Finance Holdings, Bajaj Finserv and 6 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
Manappuram Finance
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Consumer and SME loans are provided by Manappuram Finance. | Valapad, India, India | 1992 |
L & T Finance Holdings
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Diversified lending services are provided as a non-banking financial institution. | Mumbai, India, India | 1994 |
Bajaj Finserv
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Financial solutions including loans and insurance are offered. | Pune, India, India | 2007 |
Northern Arc Capital
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Household and business loans are provided with risk management support. | Chennai, India, India | 2006 |
IIFL Finance
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Online gold, home, personal, and business loans are provided. | Mumbai, India, India | 1995 |
Mahindra Finance
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Consumer and SME loans are provided by Mahindra Finance. | Mumbai, India, India | 1991 |
Hero Fincorp
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2-wheeler loans and consumer/business financing are provided by Hero Fincorp. | Delhi, India, India | 1991 |
Kinara Capital
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Collateral-free loans are provided to MSMEs for business operations. | Bengaluru, India, India | 2011 |
Dvara KGFS
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Loans for consumers and SMEs are provided alongside financial services. | Chennai, India, India | 2008 |
Business Activity of Econo Trade (India) Ltd
Econo Trade (India) Ltd operates primarily in the financial and insurance service sector. The company has 1 registered business activity segment, reflecting its diverse operational portfolio.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| Locked | Financial and insurance Service | Locked | Other financial activities | Locked |
Detailed business activity records for Econo Trade (India) Ltd
Activity codes and turnover contribution percentages require an active report plan.
- Activity group codes
- Detailed activity codes
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Auditor Details of Econo Trade (India) Ltd
Econo Trade (India) Ltd is audited by Harshad Sudir &Co. for the financial year 2019. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Harshad Sudir &Co. | Locked | Locked | Locked |
Complete auditor history for Econo Trade (India) Ltd
Appointment status, appointment dates, cessation dates, and historical auditor changes require an active report plan.
- Appointment status
- Appointment dates
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Board of Directors of Econo Trade (India) Ltd
Econo Trade (India) Ltd is currently managed by 5 directors, with 17 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
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Solanki Ashvinbhai Naranbhai
Also directs:
Robert Resources Limited
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Director | 16 Oct 2021 | 4 Years 9 Months | Current |
| Irfan Ahmedbhai Belim | Director | 26 Dec 2017 | 8 Years 7 Months | Current |
| Hasina Kasambhai Shekh | Managing Director | 21 Jul 2018 | 8 Years 0 Months | Current |
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Jyoti Sureshbhai Kantariya
Also directs:
Robert Resources Limited
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Director | 23 Sep 2019 | 6 Years 10 Months | Current |
| Abbas Mustufa Rupawala | Director | 28 Sep 2024 | 1 Years 10 Months | Current |
Financials of Econo Trade (India) Ltd FY 2024 filings available
Econo Trade (India) Ltd reported revenue of ₹7.17 Cr (up 57.85% YoY) for FY 2024.
| Metrics | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|
| Revenue from Operations | ₹7.17 Cr | ₹4.54 Cr | ₹3.13 Cr | ₹1.88 Cr | ₹2.43 Cr | ₹3.7 Cr |
| Interest Earned | ₹7.13 Cr | ₹4.54 Cr | ₹2.34 Cr | ₹1.88 Cr | ₹1.68 Cr | - |
| Other Income | ₹6.03 Lakh | ₹3.15 Lakh | ₹9.46 Lakh | ₹0 | ₹49,500 | ₹10.21 Lakh |
| Total Income | ₹7.23 Cr | ₹4.57 Cr | ₹3.22 Cr | ₹1.88 Cr | ₹2.44 Cr | - |
| Cost of Materials Consumed | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Purchases of Stock-in-Trade | ₹0 | ₹0 | ₹0 | ₹0 | ₹3.53 Lakh | ₹0 |
| Changes in Inventories | ₹0 | ₹0 | ₹0 | -₹25.92 Lakh | ₹51.33 Lakh | ₹2.18 Cr |
| Employee Benefit Expense | ₹13.72 Lakh | ₹17.46 Lakh | ₹13.1 Lakh | ₹6.19 Lakh | ₹10.6 Lakh | ₹1.96 Lakh |
| Finance Costs | ₹3.26 Cr | ₹1.61 Cr | ₹57.55 Lakh | ₹12.5 Lakh | ₹45,700 | ₹0 |
| Depreciation & Amortisation | ₹22,000 | ₹33,000 | ₹0 | ₹0 | ₹0 | - |
| Other Expenses | ₹45.14 Lakh | ₹35.89 Lakh | ₹1.48 Cr | ₹96.19 Lakh | ₹1.14 Cr | ₹1.19 Cr |
| Total Expenses | ₹3.85 Cr | ₹2.15 Cr | ₹2.18 Cr | ₹88.96 Lakh | ₹1.8 Cr | ₹3.39 Cr |
| Profit Before Exceptional Items & Tax | ₹3.37 Cr | ₹2.42 Cr | ₹1.04 Cr | ₹99.28 Lakh | ₹64.3 Lakh | - |
| Exceptional Items | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | - |
| Profit Before Tax | ₹3.37 Cr | ₹2.42 Cr | ₹1.04 Cr | ₹99.28 Lakh | ₹64.3 Lakh | ₹41.74 Lakh |
| Total Tax Expense | ₹84.65 Lakh | ₹54.69 Lakh | ₹28.86 Lakh | ₹27.99 Lakh | ₹18.5 Lakh | ₹0 |
| Net Profit | ₹2.53 Cr | ₹1.88 Cr | ₹74.87 Lakh | ₹71.29 Lakh | ₹45.8 Lakh | ₹41.74 Lakh |
| Other Comprehensive Income | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | - |
| Total Comprehensive Income | ₹2.53 Cr | ₹1.88 Cr | ₹74.87 Lakh | ₹71.29 Lakh | ₹45.8 Lakh | - |
| EBITDA (computed) | ₹6.64 Cr | ₹4.04 Cr | ₹1.61 Cr | ₹1.12 Cr | ₹64.76 Lakh | - |
| Basic EPS | ₹1.35 | ₹1.00 | ₹0.40 | ₹0.38 | ₹0.25 | - |
| Diluted EPS | ₹1.35 | ₹1.00 | ₹0.40 | ₹0.38 | ₹0.25 | - |
| Metrics | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|
| Total Assets | ₹73.25 Cr | ₹64.87 Cr | ₹47.93 Cr | ₹41.7 Cr | ₹38.59 Cr | ₹37.95 Cr |
| Non-current Assets | - | - | - | - | - | ₹79,200 |
| Current Assets | - | - | - | - | - | ₹37.94 Cr |
| Property, Plant & Equipment | ₹13,000 | ₹35,000 | ₹0 | ₹0 | ₹1.42 Cr | - |
| Inventories | ₹0 | ₹0 | ₹0 | ₹62.97 Lakh | ₹37.06 Lakh | ₹88.39 Lakh |
| Cash & Equivalents | ₹2.71 Lakh | ₹10.44 Lakh | ₹2.11 Lakh | ₹23.38 Lakh | ₹15.78 Cr | ₹1.99 Cr |
| Equity (Net Worth) | ₹43.59 Cr | ₹41.06 Cr | ₹39.18 Cr | ₹38.43 Cr | ₹37.72 Cr | - |
| Equity Share Capital | ₹18.67 Cr | ₹18.67 Cr | ₹18.67 Cr | ₹18.67 Cr | ₹18.67 Cr | - |
| Current Liabilities | - | - | - | - | - | ₹68.45 Lakh |
| Total Liabilities | ₹29.66 Cr | ₹23.81 Cr | ₹8.74 Cr | ₹3.26 Cr | ₹87.09 Lakh | - |
| Metrics | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|
| Operating Cash Flow | -₹5.78 Cr | -₹17.68 Cr | -₹7.83 Cr |
| Investing Cash Flow | -₹5.42 Lakh | ₹2.78 Cr | ₹1.41 Cr |
| Financing Cash Flow | ₹5.76 Cr | ₹14.98 Cr | ₹6.2 Cr |
| Capital Expenditure | ₹0 | ₹0 | ₹0 |
| Free Cash Flow (computed) | -₹5.78 Cr | -₹17.68 Cr | -₹7.83 Cr |
| Dividends Paid | ₹0 | ₹0 | ₹0 |
| Net Change in Cash | -₹7.74 Lakh | ₹8.32 Lakh | -₹21.27 Lakh |
| Metrics | Q3 FY25 | Q2 FY25 | Q1 FY25 |
|---|---|---|---|
| Revenue from Operations | ₹1.35 Cr | ₹1.44 Cr | ₹1.24 Cr |
| Interest Earned | ₹1.35 Cr | ₹1.43 Cr | ₹1.24 Cr |
| Other Income | ₹90,000 | ₹90,000 | ₹90,000 |
| Total Income | ₹1.36 Cr | ₹1.45 Cr | ₹1.25 Cr |
| Cost of Materials Consumed | ₹0 | ₹0 | ₹0 |
| Purchases of Stock-in-Trade | ₹0 | ₹0 | ₹0 |
| Changes in Inventories | ₹0 | ₹0 | ₹0 |
| Employee Benefit Expense | ₹2.31 Lakh | ₹3.35 Lakh | ₹2.49 Lakh |
| Finance Costs | ₹64.46 Lakh | ₹51.44 Lakh | ₹54.87 Lakh |
| Depreciation & Amortisation | ₹0 | ₹0 | ₹0 |
| Other Expenses | ₹7.72 Lakh | ₹4.56 Lakh | ₹12.41 Lakh |
| Total Expenses | ₹74.49 Lakh | ₹59.35 Lakh | ₹69.77 Lakh |
| Profit Before Exceptional Items & Tax | ₹61.85 Lakh | ₹85.18 Lakh | ₹54.76 Lakh |
| Exceptional Items | ₹0 | ₹0 | ₹0 |
| Profit Before Tax | ₹61.85 Lakh | ₹85.18 Lakh | ₹54.76 Lakh |
| Total Tax Expense | ₹11.51 Lakh | ₹21.32 Lakh | ₹13.69 Lakh |
| Net Profit | ₹50.34 Lakh | ₹63.86 Lakh | ₹41.07 Lakh |
| Other Comprehensive Income | ₹0 | ₹0 | ₹0 |
| Total Comprehensive Income | ₹50.34 Lakh | ₹63.86 Lakh | ₹41.07 Lakh |
| EBITDA (computed) | ₹1.26 Cr | ₹1.37 Cr | ₹1.1 Cr |
| Basic EPS | ₹0.27 | ₹0.34 | ₹0.22 |
| Diluted EPS | ₹0.27 | ₹0.34 | ₹0.22 |
Shareholding Pattern of Econo Trade (India) Ltd
As per the shareholding pattern filed with BSE for the quarter ended Mar 2026, promoters hold 26.19%, domestic institutional investors hold 0.02%, retail and other public shareholders hold 73.80% of Econo Trade (India) Ltd. The company had 6,639 shareholders on record.
| Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | |
|---|---|---|---|---|---|---|
| Promoters | 26.19% | 26.19% | 26.19% | 26.19% | 26.19% | 26.19% |
| Public | 73.81% | 73.81% | 73.81% | 73.81% | 73.81% | 73.81% |
| Mar 2026 | Mar 2025 | Mar 2024 | |
|---|---|---|---|
| Promoters | 26.19% | 26.19% | 26.19% |
| Public | 73.81% | 73.81% | 73.81% |
| Promoter change (YoY, %pts) | +0.00 | +0.00 | - |
Charges & Borrowings of Econo Trade (India) Ltd
| Date | Lender | Amount | Status |
|---|---|---|---|
| 26 Aug 2021 | Others | ₹5.47 Cr | Open |
Total charge records: 1 View all charges
Employees and EPFO Compliance at Econo Trade (India) Ltd
View historical data on people associated with Econo Trade (India) Ltd, including employment history and EPFO contributions.
Employee and EPFO history for Econo Trade (India) Ltd
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GST Compliance of Econo Trade (India) Ltd
GST registrations and filing compliance for Econo Trade (India) Ltd
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Credit Ratings, Litigation & Regulatory Alerts for Econo Trade (India) Ltd
Credit ratings, litigation, and regulatory alerts for Econo Trade (India) Ltd
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MSME Payment Delays by Econo Trade (India) Ltd
MSME payment history for Econo Trade (India) Ltd
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Subsidiaries & Group Companies of Econo Trade (India) Ltd
Corporate group structure for Econo Trade (India) Ltd
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MCA Filings & Documents of Econo Trade (India) Ltd
MCA filings and documents for Econo Trade (India) Ltd
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Recent Activity on Econo Trade (India) Ltd
Recent News on Econo Trade (India) Ltd
Frequently Asked Questions about Econo Trade (India) Ltd
Econo Trade (India) Ltd is an active public limited company in the financial services sector based in Bhavnagar, Gujarat, India. It was incorporated on 20 November 1982 (44+ years old) and is registered under CIN L51109GJ1982PLC156832. Listed on BSE: 538708.
Econo Trade (India) Ltd reported revenue of ₹7.17 Cr for FY 2024 (up 57.85% YoY) based on standalone BSE filings.
The current directors of Econo Trade (India) Ltd are:
- Solanki Ashvinbhai Naranbhai - Director
- Irfan Ahmedbhai Belim - Director
- Hasina Kasambhai Shekh - Managing Director
- Jyoti Sureshbhai Kantariya - Director
- Abbas Mustufa Rupawala - Director
The primary industry of Econo Trade (India) Ltd is financial services. The company specifically operates in investment and credit nbfc. The company is currently active in this sector.
Yes. Econo Trade (India) Ltd is listed on BSE with code 538708.
Econo Trade (India) Ltd can be reached at the registered office: Plot No. 1280 Sh No GF 9, Eva Surbhi Waghawadi Road, Bhavnagar, Gujarat, India – 364002, or through the website econo.in.