About Essar Exploration & Production India Limited
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Essar Exploration & Production India Limited is a public limited company based in Mumbai, Maharashtra, India, a subsidiary of Essar Exploration & Production Limited. It operates in the business and IT consulting segment of the business process outsourcing sector. It was incorporated on 24 May 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U11101MH2007PLC171125. Its GSTIN is 27AABCE7823P1Z5 (Maharashtra).
The company has an authorised share capital of ₹7 Cr and a paid-up capital of ₹1.7 Cr. It is led by directors including Srinivasan Vaidyanathan and Rajkumar Sukhdevsinhji.
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 Essar House 11. K.K. Marg Mahalaxmi, Mumbai, Maharashtra, India – 400034.
As per the financials filed for FY 2024, the company reported a revenue of ₹434.64 Cr. For the same year it recorded a net loss of ₹349.35 Cr (net margin -80.4%) and EBITDA of -₹349.35 Cr (EBITDA margin -80.4%). Revenue has grown at a compounded annual rate (CAGR) of 436% over three years and 81% over five years.
The company has about 3 employees on its provident fund (EPFO) records.
Court records list 6 cases involving the company, including 2 filed by the company and 4 filed against it; 2 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website essar.com.
Company details
Contact details
Essar Exploration & Production India Limited's registered office is in Mumbai, Maharashtra. Its website is essar.com. Its e-mail address is in the company report.
- Email
- Website
- Social Media
- Registered AddressEssar House 11. K.K. Marg Mahalaxmi, Mumbai, Maharashtra, India – 400034
- IndustryBusiness Outsourcing, Business & IT Consulting, HR Outsourcing & Talent Management
To see the full contact details of Essar Exploration & Production India 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
Financials of Essar Exploration & Production India Limited
FY 2024 filings availableEssar Exploration & Production India Limited reported revenue of ₹434.64 Cr for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 81% over five years. 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | -₹349.35 Cr | ||||
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| Net Profit (PAT) | -₹349.35 Cr | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | -80.4% | ||||
| Net Profit Margin | -80.4% | ||||
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To see the full financial statements and ratios of Essar Exploration & Production India Limited, buy the company report.
Board of directors of Essar Exploration & Production India Limited
Essar Exploration & Production India has 3 current directors and 21 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Srinivasan Vaidyanathan | Director | 02 Jan 2024 | 2 Years 10 Months | Current |
| Rajkumar Sukhdevsinhji Also directs: Essar Steel Metal Trading Limited | Director | 31 Mar 2023 | 3 Years 7 Months | Current |
| Mukesh Jain Mohanlal | Director | 14 Mar 2023 | 3 Years 7 Months | Current |
Auditor
Essar Exploration & Production India Limited is audited by N K R & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| N K R & Co. | FY 2023 | 127820W |
Shareholding
The shareholding of Essar Exploration & Production India 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 Essar Exploration & Production India Limited, buy the company report.
Legal cases
Essar Exploration & Production India Limited has 6 court cases on record: 2 filed by Essar Exploration & Production India, 4 filed against it. 2 cases are pending and 4 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 6 | 4 | 2 |
Cases on record (5 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Delhi | Court case (O.M.P.(EFA)(COMM.)) | Filed by the company against Nayara Energy Limited | Pending |
| High Court of Delhi | Court case (FAO(OS) (COMM)) | Filed against the company by Nayara Energy Limited | Disposed |
| High Court of Delhi | Court case (O.M.P.(I) (COMM.)) | Filed by the company against Nayara Energy Limited | Disposed |
| High Court, GUJARAT | Court case (IAAP) | Filed against the company by Deep Drilling 2 Pte Limited and 3 others | Pending |
| High Court, GUJARAT | Court case (MCA) | Filed against the company by Deep Driling 2 Pte Limited and 3 others | Disposed |
To see the full case history of Essar Exploration & Production India 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 Essar Exploration & Production India Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Essar Exploration & Production India Limited has a workforce of 3 employees on its EPFO records as of Sep 26, 2025, across 2 active EPFO establishments.
GST
Essar Exploration & Production India has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCE7823P1Z5 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Essar Exploration & Production India Limited, buy the company report.
Recent activity
Essar Exploration & Production India Limited has 24 board changes on record since 2007: 3 appointments and 21 cessations. The latest: Srinivasan Vaidyanathan ceased to be Additional Director on 29 Sep 2024.
15 earlier events are in the company report.
News
Frequently asked questions
Essar Exploration & Production India is an active public limited company based in Mumbai, Maharashtra, India. The company works in business and IT consulting, within the business outsourcing industry. It was incorporated on 24 May 2007 (19+ years old) and is registered under CIN U11101MH2007PLC171125.
Essar Exploration & Production India has 3 current directors:
- Srinivasan Vaidyanathan - Director
- Rajkumar Sukhdevsinhji - Director
- Mukesh Jain Mohanlal - Director
The latest financial statements of Essar Exploration & Production India 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 Essar Exploration & Production India is 27AABCE7823P1Z5, registered in Maharashtra.
The CIN (Corporate Identification Number) of Essar Exploration & Production India is U11101MH2007PLC171125. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Essar Exploration & Production India has 6 court cases on record: 2 filed by the company and 4 filed against it. 2 are pending.
Essar Exploration & Production India was incorporated on 24 May 2007, making it 19+ years old. It is registered with the Registrar of Companies, Mumbai.
Srinivasan Vaidyanathan ceased to be Additional Director on 29 Sep 2024. Srinivasan Vaidyanathan was appointed as Director on 02 Jan 2024. Mukesh Jain Mohanlal ceased to be Additional Director on 29 Sep 2023. Essar Exploration & Production India has 24 board changes on record in total.
Essar Exploration & Production India can be reached through the website essar.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Essar Exploration & Production India is at Essar House 11. K.K. Marg Mahalaxmi, Mumbai, Maharashtra, India – 400034.
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