MSME (Udyam registered) Ministry of MSME
- Category
- Small (2023-24)
- Udyam number
- UDYAM-CG-05-0000756
Encore Projects Private Limited - engineering in Bhilai, Chhattisgarh, India. FY 2026 financials & compliance.
Revenue · FY 2023
₹9.26 Cr
▼ 47% YoY
Net loss · FY 2023
₹77.18 Lakh
Net margin -8.3%
EBITDA · FY 2023
-₹19 Lakh
EBITDA margin -2.1%
Authorised capital
₹25 Lakh
Registered with MCA
Paid-up capital
₹15.63 Lakh
Issued & subscribed
Open charges
₹9.45 Cr
Satisfied ₹10 Lakh
Company age
17 yrs
Est. 2009
Employees · EPFO
17
Provident fund records
About Encore Projects Private Limited
Data last updated:
Encore Projects Private Limited is a private limited company based in Bhilai, Chhattisgarh, India. It operates in the metal foundry and fabrication services segment of the engineering sector. It was incorporated on 29 July 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Chhattisgarh, under CIN U28112CT2009PTC021308. Its GSTIN is 22AACCE2102Q2ZX (Chattisgarh). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹15.63 Lakh. It is led by directors including Ashwin Supe and Subodh Joshi.
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 A – 15 Shopping Complex Nehru Nagar(East), Bhilai, Chhattisgarh, India – 490020.
As per the financials filed for FY 2023, the company reported a revenue of ₹9.26 Cr, a decline of 47% compared to the previous year. For the same year it recorded a net loss of ₹77.18 Lakh (net margin -8.3%) and EBITDA of -₹19 Lakh (EBITDA margin -2.1%). Revenue has declined at a compounded annual rate (CAGR) of 32% over three years and 1% over five years.
The company has about 17 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹9.45 Cr and satisfied charges of ₹10 Lakh on record.
Encore Projects Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-CG-05-0000756). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website encoreprojects.co.in.
Company details
CIN U28112CT2009PTC021308
Registration Number 021308
Incorporation Date 29 July 2009
ROC Chhattisgarh
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 Small
Udyam Registration UDYAM-CG-05-0000756
Recognitions & Rankings of Encore Projects
Contact details
Encore Projects Private Limited's registered office is in Bhilai, Chhattisgarh. Its website is encoreprojects.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressA – 15 Shopping Complex Nehru Nagar(East), Bhilai, Chhattisgarh, India – 490020
- IndustryEngineering, Metal Foundry & Fabrication Services
To see the full contact details of Encore Projects Private Limited, buy the company report.
Comprehensive company report
Encore Projects 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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Business activity
The main business activity of Encore Projects is manufacturing. In detail, this covers metal and metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products |
To see the full business activity and turnover split of Encore Projects Private Limited, buy the company report.
Financials of Encore Projects Private Limited
FY 2024 filings availableEncore Projects Private Limited reported revenue of ₹9.26 Cr (down 47% YoY) for FY 2023.
Revenue · FY 2023
₹9.26 Cr ▼ 47%
Net loss · FY 2023
₹77.18 Lakh margin -8.3%
EBITDA · FY 2023
-₹19 Lakh margin -2.1%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 47%
3 years · compounded
▼ 32%
5 years · compounded
▼ 1%
EBITDA CAGR growth
1 year
▼ 121%
3 years · compounded
▼ 36%
5 years · compounded
▼ 17%
Revenue has declined at a compounded annual rate (CAGR) of 1% over five years, including a 47% fall in the latest year. EBITDA fell 121% 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 | ₹9.26 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹19 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹77.18 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
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -2.1% | ||||
| Net Profit Margin | -8.3% | ||||
| 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 Encore Projects Private Limited, buy the company report.
Board of directors of Encore Projects Private Limited
Encore Projects has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ashwin Supe | Director | 10 Jul 2019 | 7 Years 3 Months | Current |
| Subodh Joshi | Director | 29 Jul 2009 | 17 Years 3 Months | Current |
| Nitin Supe Also directs: Ashmec Equipments Private Limited | Director | 01 Sep 2025 | 1 Years 2 Months | Current |
Peer comparison
Encore Projects Private Limited is compared with the 4 companies closest to it by revenue in the Engineering industry (Foundry and Fabrication), with the same principal business activity (metal and metal products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Techno Fab Manufacturing Ltd | ₹9.32 Cr (FY 2017) | -82.0% | Kolkata, West Bengal, India | |||
| Encore Projects Private Limitedthis company | ₹9.26 Cr (FY 2023) | -₹77.18 Lakh | -8.3% | -47.0% | 17 | Bhilai, Chhattisgarh, India |
| Walsekar Metal Private Limited | ₹9.25 Cr (FY 2025) | 43.0% | Aurangabad, Maharashtra, India | |||
| Authentic Building Systems Private Limited | ₹9.2 Cr (FY 2024) | 46.0% | Bangalore, Karnataka, India | |||
| Dynamic Industrial Forgings Private Limited | ₹9.19 Cr (FY 2025) | -1.0% | Murbad, Maharashtra, India |
To see the full peer comparison of Encore Projects Private Limited, buy the company report.
Auditor
Encore Projects Private Limited is audited by B. VISHWANATH & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| B. VISHWANATH & CO. | FY 2023 | 007875C |
Shareholding
The shareholding of Encore Projects 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 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Encore Projects Private Limited, buy the company report.
Charges & borrowings
Open charges
₹9.45 Cr
Satisfied charges
₹10 Lakh
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 25 Nov 2021 | 100509950 | Others | ₹1.45 Cr | Open | |
| 26 Nov 2010 | 10255477 | Others | ₹8 Cr | Open | |
| 14 Jun 2024 | 100944190 | Others | ₹10 Lakh | Satisfied |
To see the full charge records of Encore Projects Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
No court or tribunal cases involving Encore Projects Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
Credit ratings & regulatory alerts
Encore Projects Private Limited was last rated by Care on 26 Aug 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 26 Aug 2021 |
To see the full credit ratings and regulatory alerts of Encore Projects Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Encore Projects Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Encore Projects Private Limited has a workforce of 17 employees on its EPFO records as of Apr 03, 2024, across 1 active EPFO establishment.
Employee count
17
Active EPFO establishments
1
Employee growth
142.86%
GST
Encore Projects has 2 GST registrations: 1 active and 1 cancelled or inactive.
Total GSTINs
2
Active
1
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 22AACCE2102Q2ZX | Chattisgarh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Encore Projects Private Limited, buy the company report.
Recent activity
Encore Projects Private Limited has 7 board changes on record since 2009: 5 appointments and 2 cessations. The latest: Nitin Supe was appointed as Director on 01 Sep 2025.
Appointed
Nitin Supe was appointed as Director.
Charges
A charge registered on 14 Jun 2024 via Charge ID 100944190 with Others was fully satisfied on 23 Jun 2025.
AGM
Encore Projects Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Charges
A charge with Others amounted to Rs. 10.00 Lakh with Charge ID 100944190 was registered on 14 Jun 2024.
Filing
Encore Projects Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chhattisgarh.
Charges
A charge with Others of Rs. 800.00 Lakh registered on 26 Nov 2010 with Charge ID 10255477 was modified on 13 Apr 2023.
Ceased
Malay Jain ceased to be Director.
Charges
A charge with Others of Rs. 145.00 Lakh registered on 25 Nov 2021 with Charge ID 100509950 was modified on 03 Dec 2021.
Charges
A charge with Others amounted to Rs. 145.00 Lakh with Charge ID 100509950 was registered on 25 Nov 2021.
Ceased
Jai Prakash Jaiswal ceased to be Director.
Appointed
Ashwin Supe was appointed as Director.
Appointed
Jai Prakash Jaiswal was appointed as Director.
4 earlier events are in the company report.
Frequently asked questions
Encore Projects is an active private limited company based in Bhilai, Chhattisgarh, India. The company works in metal foundry and fabrication services, within the engineering industry. It was incorporated on 29 July 2009 (17+ years old) and is registered under CIN U28112CT2009PTC021308.
Encore Projects has 3 current directors:
- Ashwin Supe - Director
- Subodh Joshi - Director
- Nitin Supe - Director
The latest financial statements of Encore Projects 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 Encore Projects is 22AACCE2102Q2ZX, registered in Chattisgarh. 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 Projects is U28112CT2009PTC021308. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Encore Projects was incorporated on 29 July 2009, making it 17+ years old. It is registered with the Registrar of Companies, Chhattisgarh.
The peers of Encore Projects by revenue are Techno Fab Manufacturing Ltd, Walsekar Metal Private Limited, Authentic Building Systems Private Limited, Dynamic Industrial Forgings Private Limited, all in the Engineering industry (Foundry and Fabrication), with the same principal business activity (metal and metal products).
Nitin Supe was appointed as Director on 01 Sep 2025. Malay Jain ceased to be Director on 31 Jan 2023. Jai Prakash Jaiswal ceased to be Director on 30 Jun 2020. Encore Projects has 7 board changes on record in total.
Yes, Encore Projects is registered as a small enterprise under Udyam registration (number: UDYAM-CG-05-0000756).
Encore Projects can be reached through the website encoreprojects.co.in. Its registered office is in Bhilai, Chhattisgarh, India.
The registered office of Encore Projects is at A – 15 Shopping Complex Nehru NagarEast, Bhilai, Chhattisgarh, India – 490020.
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