Encore Heavy Machinery Private Limited

Encore Heavy Machinery Private Limited - machinery and equipment in Bangalore, Karnataka, India. FY 2026 financials & compliance.
CIN U74900KA2015PTC080896 Incorporated 15 June 2015 ROC Bangalore HQ Bangalore, Karnataka, India
Active Private Limited Company machinery and equipment MSME · Medium
Data last updated
Revenue · FY 2023
₹193.39 Cr
▲ 75% YoY
Net profit · FY 2023
₹3.5 Cr
Net margin 1.8%
EBITDA · FY 2023
₹5.01 Cr
EBITDA margin 2.6%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹75,520
Issued & subscribed
Open charges
₹21.5 Cr
Satisfied ₹5.21 Cr
Company age
11 yrs
Est. 2015
Employees · EPFO
250
Provident fund records

About Encore Heavy Machinery Private Limited

Data last updated:

Encore Heavy Machinery Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the industrial machinery retail and distribution segment of the machinery and industrial equipment sector. It was incorporated on 15 June 2015 and has been in existence for over 11 years.

The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74900KA2015PTC080896. Its GSTIN is 29AADCE9858Q1ZI (Karnataka). The company holds 2 GST registrations, of which 1 is active.

The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹75,520. It is led by directors Hosadurga Vinayaka Nayak and Nandini Nayak.

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 No. 259 1st Cross 4th Phase Peenya Industrial Area Peenya, Bangalore, Karnataka, India – 560058.

As per the financials filed for FY 2023, the company reported a revenue of ₹193.39 Cr, a growth of 75% compared to the previous year. For the same year it recorded a net profit of ₹3.5 Cr (net margin 1.8%) and EBITDA of ₹5.01 Cr (EBITDA margin 2.6%). Revenue has grown at a compounded annual rate (CAGR) of 11% over three years and 19% over five years.

The company has about 250 employees on its provident fund (EPFO) records.

As per MCA filings, the company has open charges of ₹21.5 Cr and satisfied charges of ₹5.21 Cr on record. Court records list 18 cases involving the company, including 18 filed by the company; 5 cases are pending. The company has 3 deals on record (3 secondary share transfers); the latest was in November 2023.

Encore Heavy Machinery Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0039723). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website encorece.in.

Company details

CIN U74900KA2015PTC080896
Registration Number 080896
Incorporation Date 15 June 2015
ROC Bangalore
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-KR-03-0039723
Key People
Hosadurga Vinayaka Nayak Director Nandini Nayak Director

Recognitions & Rankings of Encore Heavy Machinery

MSME (Udyam registered) Ministry of MSME
Category
Medium (2024-25)
Udyam number
UDYAM-KR-03-0039723

Contact details

Encore Heavy Machinery Private Limited's registered office is in Bangalore, Karnataka. Its website is encorece.in. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    encorece.in
  • Registered Address
    No. 259 1st Cross 4th Phase Peenya Industrial Area Peenya, Bangalore, Karnataka, India – 560058
  • Industry
    Machinery and Equipment, Industrial Machinery Retail & Distribution

To see the full contact details of Encore Heavy Machinery Private Limited, buy the company report.

Comprehensive company report
Encore Heavy Machinery 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 Encore Heavy Machinery Private Limited

FY 2024 filings available

Encore Heavy Machinery Private Limited reported revenue of ₹193.39 Cr (up 75% YoY) for FY 2023.

Revenue · FY 2023
₹193.39 Cr ▲ 75%
Net profit · FY 2023
₹3.5 Cr margin 1.8%
EBITDA · FY 2023
₹5.01 Cr margin 2.6%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 75%
3 years · compounded
▲ 11%
5 years · compounded
▲ 19%
EBITDA CAGR growth
1 year
▲ 2%
3 years · compounded
▼ 3%
5 years · compounded
▼ 5%

Revenue has grown at a compounded annual rate (CAGR) of 19% over five years, including 75% growth in the latest year. EBITDA rose 2% 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

MetricsFY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue₹193.39 Cr
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹5.01 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹3.5 Cr
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 Margin2.6%
Net Profit Margin1.8%
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 Encore Heavy Machinery Private Limited, buy the company report.

Board of directors of Encore Heavy Machinery Private Limited

Encore Heavy Machinery has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Hosadurga Vinayaka Nayak
Also directs: Pragmata Solutions LLP, Encore Construction Equipment Private Limited, Encore Equipment Solutions Private Limited
Director15 Jun 201511 Years 4 MonthsCurrent
Nandini Nayak
Also directs: Encore Construction Equipment Private Limited, Encore Equipment Solutions Private Limited
Director06 Nov 20232 Years 11 MonthsCurrent
View all directors

Shareholding

The shareholding of Encore Heavy Machinery 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 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Encore Heavy Machinery Private Limited, buy the company report.

Charges & borrowings

Open charges
₹21.5 Cr
Satisfied charges
₹5.21 Cr
Breakdown by lending institutions
Hdfc Bank Limited₹11.50 Cr
Others₹10.00 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
24 Jul 2024100963005Others₹10 CrOpen
03 Jul 2021100456498Hdfc Bank Limited₹1.5 CrOpen
18 Dec 2019100308790Hdfc Bank Limited₹10 CrOpen
29 Dec 2023100848414Others₹5 CrSatisfied
30 Jan 2016100020997Others₹10 LakhSatisfied

To see the full charge records of Encore Heavy Machinery Private Limited, buy the company report.

Total charge records: 7 View all charges

Deals & funding

Encore Heavy Machinery Private Limited has 3 deals on record (3 secondary share transfers); the latest was in November 2023.

Total deals
3
Secondary share transfers
3

Deals on record (3 of 3)

WhenDealAmountParties
Nov 2023Secondary share transferUndisclosedBuyer: 2 individuals
Seller: 2 individuals
Nov 2023Secondary share transferUndisclosedBuyer: an individual
Seller: an individual
Oct 2023Secondary share transferUndisclosedSeller: 2 individuals

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

MSME payment delays

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

Employees & EPFO

Encore Heavy Machinery Private Limited has a workforce of 250 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.

Employee count
250
Active EPFO establishments
1
Employee growth
5.49%

GST

Encore Heavy Machinery has 2 GST registrations: 1 active and 1 cancelled or inactive.

Total GSTINs
2
Active
1
Cancelled / inactive
1
GSTINStateStatusRegistered on
29AADCE9858Q1ZIKarnatakaActive01 Jul 2017

To see the full GST registrations and return filing status of Encore Heavy Machinery Private Limited, buy the company report.

Recent activity

Encore Heavy Machinery Private Limited has 5 board changes on record since 2015: 2 appointments and 3 cessations. The latest: Nandini Nayak ceased to be Additional Director on 14 Nov 2023.

AGM
Encore Heavy Machinery Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Charges
A charge registered on 29 Dec 2023 via Charge ID 100848414 with Others was fully satisfied on 30 Aug 2024.
Charges
A charge with Others amounted to Rs. 1,000.00 Lakh with Charge ID 100963005 was registered on 24 Jul 2024.
Filing
Encore Heavy Machinery Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
Charges
A charge with Others amounted to Rs. 500.00 Lakh with Charge ID 100848414 was registered on 29 Dec 2023.
Ceased
Nandini Nayak ceased to be Additional Director.
Ceased
Diksha Kamat Nayak ceased to be Director.
Ceased
Mysore Kaveri Bai ceased to be Director.
Appointed
Nandini Nayak was appointed as Director.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 150.00 Lakh with Charge ID 100456498 was registered on 03 Jul 2021.
Charges
A charge registered on 30 Jan 2016 via Charge ID 100020997 with Others was fully satisfied on 05 Jan 2021.
Charges
A charge registered on 27 Jan 2016 via Charge ID 100020923 with Others was fully satisfied on 05 Jan 2021.

7 earlier events are in the company report.

Frequently asked questions

Encore Heavy Machinery is an active private limited company based in Bangalore, Karnataka, India. The company works in industrial machinery retail and distribution, within the machinery and equipment industry. It was incorporated on 15 June 2015 (11+ years old) and is registered under CIN U74900KA2015PTC080896.

Encore Heavy Machinery has 2 current directors:

The latest financial statements of Encore Heavy Machinery 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 FY 2016 are in the company report.

The GSTIN of Encore Heavy Machinery is 29AADCE9858Q1ZI, registered in Karnataka. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.

The CIN (Corporate Identification Number) of Encore Heavy Machinery is U74900KA2015PTC080896. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Encore Heavy Machinery has 18 court cases on record: 18 filed by the company. 5 are pending. Most are in the district courts.

Encore Heavy Machinery was incorporated on 15 June 2015, making it 11+ years old. It is registered with the Registrar of Companies, Bangalore.

Encore Heavy Machinery has 3 deals on record (3 secondary share transfers); the latest was in November 2023.

Nandini Nayak ceased to be Additional Director on 14 Nov 2023. Diksha Kamat Nayak ceased to be Director on 06 Nov 2023. Mysore Kaveri Bai ceased to be Director on 06 Nov 2023. Encore Heavy Machinery has 5 board changes on record in total.

Yes, Encore Heavy Machinery is registered as a medium enterprise under Udyam registration (number: UDYAM-KR-03-0039723).