About Emco Tech Equipment Private Limited
Data last updated:
Emco Tech Equipment Private Limited is a private limited company based in Delhi, India. The company is currently undergoing Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency professional. It operates in the medical equipment retail and distribution segment of the healthcare sector. It was incorporated on 20 September 2005.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U00062DL2005PTC140951. Its GSTIN is 07AABCE5052E1Z1 (Delhi). The company holds 5 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹99.9 Lakh. It was formerly known as Emco Tech Equipments Private Limited. It is led by directors including Sunita Umesh (Irp/Rp/Liquidator) and Harshit Sharma.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at F – 1B First Floor Cross River Mall CBD Shahdara, Delhi, India – 110032.
As per the financials filed for FY 2023, the company reported a revenue of ₹5.21 Cr, a growth of 11% compared to the previous year. For the same year it recorded a net loss of ₹3.15 Cr (net margin -60.4%) and EBITDA of -₹2.75 Cr (EBITDA margin -52.7%). Revenue has declined at a compounded annual rate (CAGR) of 44% over three years and 32% over five years.
As per MCA filings, the company has open charges of ₹14.5 Cr and satisfied charges of ₹97 Lakh on record. Court records list 22 cases involving the company, including 3 filed by the company and 19 filed against it; 4 cases are pending.
The last known website on record is emcotech.in.
Company details
Contact details
Emco Tech Equipment Private Limited's registered office is in Delhi, Delhi. Its website is emcotech.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressF – 1B First Floor Cross River Mall CBD Shahdara, Delhi, India – 110032
- IndustryHealthcare, Medical Equipment Retail & Distribution
To see the full contact details of Emco Tech Equipment Private 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
Business activity
The main business activity of Emco Tech Equipment is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Emco Tech Equipment Private Limited, buy the company report.
Financials of Emco Tech Equipment Private Limited
FY 2023 filings availableEmco Tech Equipment Private Limited reported revenue of ₹5.21 Cr (up 11% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue rose 11% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 32%. EBITDA rose 53% 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 | ₹5.21 Cr | ||||
| Cost of Materials Consumed | |||||
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| Depreciation and Amortisation | |||||
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| Total Expenses | |||||
| EBITDA | -₹2.75 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹3.15 Cr | ||||
| Balance Sheet | |||||
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| Reserves and Surplus | |||||
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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 | -52.7% | ||||
| Net Profit Margin | -60.4% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Receivable Days | |||||
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To see the full financial statements and ratios of Emco Tech Equipment Private Limited, buy the company report.
Board of directors of Emco Tech Equipment Private Limited
Emco Tech Equipment has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sunita Umesh Also directs: Ucc & Associates LLP | Irp/Rp/Liquidator | 09 Feb 2024 | 2 Years 8 Months | As last reported |
| Harshit Sharma Also directs: Emcotech Surgical Private Limited | Director | 09 Dec 2020 | 5 Years 10 Months | As last reported |
| Alka Sharma | Director | 20 Sep 2005 | 21 Years 1 Months | As last reported |
Auditor
Emco Tech Equipment Private Limited is audited by S CHAWLA & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S CHAWLA & ASSOCIATES | FY 2023 | 011299N |
Shareholding
The shareholding of Emco Tech Equipment 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 category | FY 2023 | FY 2022 | FY 2021 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Emco Tech Equipment Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 16 Jun 2020 | 100342350 | Others | ₹28 Lakh | Open | |
| 13 Jul 2013 | 10438549 | Bank of India | ₹39 Lakh | Open | |
| 25 Nov 2009 | 10189390 | Others | ₹11.68 Cr | Open | |
| 16 Apr 2008 | 10101267 | Others | ₹2.15 Cr | Open | |
| 21 Jan 2013 | 10400105 | Standard Chartered Bank | ₹87 Lakh | Satisfied |
To see the full charge records of Emco Tech Equipment Private Limited, buy the company report.
Total charge records: 6 View all charges
Legal cases
Emco Tech Equipment Private Limited has 22 court cases on record: 3 filed by Emco Tech Equipment, 19 filed against it. 4 cases are pending and 18 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 17 | 15 | 4 |
| NCLAT | 3 | 3 | 0 |
| Supreme Court | 1 | 0 | 0 |
| NCLT | 1 | 1 | 0 |
Cases on record (5 of 22)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by Alcon Laboratories (India) Pvt Ltd | Pending |
| NCLAT, Chairperson Court | Tribunal matter | Filed against the company by Alcon Laboratories (India) Private Limited | Disposed |
| NCLAT, NCLAT New Delhi | Interim or miscellaneous application | Filed against the company by Alcon Laboratories (India) Private Limited | Disposed |
| Supreme Court | Court case (1006-Company Law, Mrtp, Trai, Sebi, Idrai & Rbi : Others) | Filed by the company against Alcon Laboratories (India) Pvt. Ltd. S/D/W/Thru:- Not Avail Authorised Signatory 11Th Floor, RMZ Azure, Bellary Road, Hebbal, Bengaluru , District: Bangalore ,Bangalore , Karnataka | Disposed |
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Neogrowth Credit Pvt. Ltd. | Disposed |
To see the full case history of Emco Tech Equipment Private 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.
Credit ratings & regulatory alerts
Emco Tech Equipment Private Limited was last rated by Crisil on 16 Apr 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 16 Apr 2020 |
To see the full credit ratings and regulatory alerts of Emco Tech Equipment Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Emco Tech Equipment Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Emco Tech Equipment has 5 GST registrations: 2 active and 3 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AABCE5052E1Z1 | Delhi | Active | 01 Jul 2017 |
| 09AABCE5052E1ZX | Uttar Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Emco Tech Equipment Private Limited, buy the company report.
Recent activity
Emco Tech Equipment Private Limited has 5 board changes on record since 2005: 3 appointments and 2 cessations. The latest: Sunita Umesh was appointed as Irp/Rp/Liquidator on 09 Feb 2024.
6 earlier events are in the company report.
Frequently asked questions
Emco Tech Equipment is undergoing "Corporate Insolvency Resolution Process" (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency resolution professional. The company may not be able to independently enter into new commitments during this period. This is a high-risk status - verify the resolution status before any engagement.
Emco Tech Equipment is a company under insolvency, formerly operating as a private limited company based in Delhi, India. The company works in medical equipment retail and distribution, within the healthcare industry. It was incorporated on 20 September 2005 and is registered under CIN U00062DL2005PTC140951. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Emco Tech Equipment has 3 current directors:
- Harshit Sharma - Director
- Alka Sharma - Director
- Sunita Umesh - Irp/Rp/Liquidator
The latest financial statements of Emco Tech Equipment on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Emco Tech Equipment is U00062DL2005PTC140951. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Emco Tech Equipment has open charges of ₹14.5 Cr and satisfied charges of ₹97 Lakh as per latest MCA filings.
Emco Tech Equipment has 22 court cases on record: 3 filed by the company and 19 filed against it. 4 are pending. Most are in the district courts.
Emco Tech Equipment was incorporated on 20 September 2005. It is registered with the Registrar of Companies, Delhi.
Sunita Umesh was appointed as Irp/Rp/Liquidator on 09 Feb 2024. Pradeep Kumar Sharma ceased to be Director on 19 Jan 2021. Harshit Sharma was appointed as Director on 09 Dec 2020. Emco Tech Equipment has 5 board changes on record in total.
Emco Tech Equipment can be reached through the website emcotech.in. Its registered office is in Delhi, India.