About Econo Valves Limited
Data last updated:
Econo Valves Limited is a public limited company based in Chennai, Tamil Nadu, India, a subsidiary of Nssl Private Limited. It operates in the industrial control valves and systems segment of the machinery and industrial equipment sector. It was incorporated on 30 July 1981 and has been in existence for over 45 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U35999TN1981PLC008916. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹2 Cr. It was formerly known as Econo Valves Private Limited. It is led by directors including Sagar Santosh Jaiswal and Anand Jayaswal.
Its last annual general meeting (AGM) was held on 30 October 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 2/254 Mount Poonamallee Road Iyappanthangal, Chennai, Tamil Nadu, India – 600056.
As per the financials filed for FY 2023, the company reported a revenue of ₹1.07 Lakh, a decline of 55% compared to the previous year. For the same year it recorded a net loss of ₹70,860 (net margin -66.2%) and EBITDA of -₹10,840 (EBITDA margin -10.1%). Revenue has declined at a compounded annual rate (CAGR) of 12% over three years and 15% over five years.
The company is associated with 1 brand: NSSL India. As per MCA filings, the company has satisfied charges of ₹4.78 Cr on record. Court records list 5 cases involving the company, including 2 filed by the company and 3 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 nsslindia.com.
Company details
CIN history
Econo Valves has one previous CIN (Corporate Identification Number): U35999TN1981PTC008916. The current CIN is U35999TN1981PLC008916, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U35999TN1981PLC008916 | Current |
| U35999TN1981PTC008916 | Previous |
Contact details
Econo Valves Limited's registered office is in Chennai, Tamil Nadu. Its website is nsslindia.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address2/254 Mount Poonamallee Road Iyappanthangal, Chennai, Tamil Nadu, India – 600056
- IndustryMachinery and Equipment, Industrial Control Valves & Systems
To see the full contact details of Econo Valves Limited, buy the company report.
- 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
Brands
Econo Valves operates one associated brand: NSSL India. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufactures and supplies engine components to OEMs and Tier 1 companies. | nsslindia.com |
Financials of Econo Valves Limited
FY 2025 filings availableEcono Valves Limited reported revenue of ₹1.07 Lakh (down 55% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 15% over five years, including a 55% fall 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
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹1.07 Lakh | ||||
| Cost of Materials Consumed | |||||
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| Depreciation and Amortisation | |||||
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| Total Expenses | |||||
| EBITDA | -₹10,840 | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹70,860 | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -10.1% | ||||
| Net Profit Margin | -66.2% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
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To see the full financial statements and ratios of Econo Valves Limited, buy the company report.
Board of directors of Econo Valves Limited
Econo Valves has 3 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sagar Santosh Jaiswal Also directs: NSSL Private Limited, DMF Cosmo Private Limited | Director | 14 Oct 2022 | 4 Years 0 Months | Current |
| Anand Jayaswal Also directs: Jayaswal Neco Industries Limited, Neco Defence Munitions Private Limited, Neco Defence Atlantis India Private Limited and 5 more | Director | 29 Sep 2007 | 19 Years 0 Months | Current |
| Siddharth Vijay Jaiswal | Director | 05 Jun 2010 | 16 Years 4 Months | Current |
Auditor
Econo Valves Limited is audited by AGRAWAL CHHALLANI & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| AGRAWAL CHHALLANI & CO. | FY 2023 | 100125W |
Shareholding
The shareholding of Econo Valves 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 category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Econo Valves Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 23 Jan 1998 | 90290163 | State Bank of India | ₹4.65 Cr | Satisfied | |
| 27 Jan 1982 | 90303420 | State Bank of India | ₹6.9 Lakh | Satisfied | |
| 27 Jan 1982 | 90305595 | State Bank of India | ₹6 Lakh | Satisfied |
To see the full charge records of Econo Valves Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
Econo Valves Limited has 5 court cases on record: 2 filed by Econo Valves, 3 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 5 | 3 | 0 |
Cases on record (4 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, TAMIL NADU | Court case (COM APEL) | Filed against the company by an individual | Disposed |
| High Court, TAMIL NADU | Revision petition | Filed against the company by an individual | Disposed |
| High Court, TAMIL NADU | Court case (COM APEL) | Filed by the company against an individual | Disposed |
| High Court, TAMIL NADU | Revision petition | Filed by the company against an individual | Disposed |
To see the full case history of Econo Valves Limited, buy the company report.
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
No delayed payments to MSME suppliers are on our record for Econo Valves Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Econo Valves Limited has 1 active EPFO establishment as of Mar 28, 2024.
GST
Econo Valves has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Econo Valves Limited, buy the company report.
Recent activity
Econo Valves Limited has 12 board changes on record since 2007: 3 appointments and 9 cessations. The latest: Sagar Santosh Jaiswal ceased to be Additional Director on 29 Dec 2022.
12 earlier events are in the company report.
Frequently asked questions
Econo Valves is an active public limited company based in Chennai, Tamil Nadu, India. The company works in industrial control valves and systems, within the machinery and equipment industry. It was incorporated on 30 July 1981 (45+ years old) and is registered under CIN U35999TN1981PLC008916.
Econo Valves has 3 current directors:
- Sagar Santosh Jaiswal - Director
- Anand Jayaswal - Director
- Siddharth Vijay Jaiswal - Director
The latest financial statements of Econo Valves on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 October 2025. Year-wise statements from 2015 are in the company report.
No. Econo Valves has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Econo Valves is U35999TN1981PLC008916. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Econo Valves has 5 court cases on record: 2 filed by the company and 3 filed against it.
Econo Valves was incorporated on 30 July 1981, making it 45+ years old. It is registered with the Registrar of Companies, Chennai.
Sagar Santosh Jaiswal ceased to be Additional Director on 29 Dec 2022. Sagar Santosh Jaiswal was appointed as Director on 14 Oct 2022. Awadh Bihari Pandey ceased to be Additional Director on 24 Dec 2020. Econo Valves has 12 board changes on record in total.
Econo Valves can be reached through the website nsslindia.com. Its registered office is in Chennai, Tamil Nadu, India.
The registered office of Econo Valves is at 2254 Mount Poonamallee Road Iyappanthangal, Chennai, Tamil Nadu, India – 600056.