MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2023-24)
- Udyam number
- UDYAM-CG-05-0004578
Essel Projects Private Limited - engineering in Raipur, Chhattisgarh, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹96.37 Cr
▲ 37% YoY
Net profit · FY 2025
₹2.52 Cr
Net margin 2.6%
EBITDA · FY 2025
₹5.14 Cr
EBITDA margin 5.3%
Authorised capital
₹40 Lakh
Registered with MCA
Paid-up capital
₹36.4 Lakh
Issued & subscribed
Open charges
₹110.54 Cr
Satisfied ₹21.79 Cr
Company age
19 yrs
Est. 2007
Employees · EPFO
805
Provident fund records
About Essel Projects Private Limited
Data last updated:
Essel Projects Private Limited is a private limited company based in Raipur, Chhattisgarh, India. It operates in the procurement and construction (epc) segment of the engineering 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), Chhattisgarh, under CIN U45209CT2007PTC008651. Its GSTIN is 22AABCE7701Q1ZK (Chattisgarh). The company holds 13 GST registrations, of which 9 are active.
The company has an authorised share capital of ₹40 Lakh and a paid-up capital of ₹36.4 Lakh. It is led by directors including Madhab Kumar Hazra and Sasidharan Mathradan.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at No. – 4 1st Floor Maruti Heritage Near Mmi Hospital Pachpedi Naka, Raipur, Chhattisgarh, India – 492001.
As per the financials filed for FY 2025, the company reported a revenue of ₹96.37 Cr, a growth of 37% compared to the previous year. For the same year it recorded a net profit of ₹2.52 Cr (net margin 2.6%) and EBITDA of ₹5.14 Cr (EBITDA margin 5.3%). Revenue has grown at a compounded annual rate (CAGR) of 23% over three years and 18% over five years.
The company has about 805 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹110.54 Cr and satisfied charges of ₹21.79 Cr on record. Court records list 5 cases involving the company, including 3 filed by the company and 2 filed against it; 1 case is pending.
Essel Projects Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-CG-05-0004578). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website esselprojects.com.
Company details
CIN U45209CT2007PTC008651
Registration Number 008651
Incorporation Date 24 May 2007
ROC Chhattisgarh
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-CG-05-0004578
CIN history
Essel Projects has one previous CIN (Corporate Identification Number): U45209GJ2007PTC050939. The current CIN is U45209CT2007PTC008651, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U45209CT2007PTC008651 | Current |
| U45209GJ2007PTC050939 | Previous |
Recognitions & Rankings of Essel Projects
Contact details
Essel Projects Private Limited's registered office is in Raipur, Chhattisgarh. Its website is esselprojects.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressNo. – 4 1st Floor Maruti Heritage Near Mmi Hospital Pachpedi Naka, Raipur, Chhattisgarh, India – 492001
- IndustryEngineering, Procurement & Construction (EPC), Engineering
To see the full contact details of Essel Projects Private Limited, buy the company report.
Comprehensive company report
Essel 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 Essel Projects is professional, scientific and technical. In detail, this covers architecture, engineering activities, technical testing and analysis activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M4 | Architecture, engineering activities, technical testing and analysis activities |
To see the full business activity and turnover split of Essel Projects Private Limited, buy the company report.
Financials of Essel Projects Private Limited
FY 2025 filings availableEssel Projects Private Limited reported revenue of ₹96.37 Cr (up 37% YoY) for FY 2025.
Revenue · FY 2025
₹96.37 Cr ▲ 37%
Net profit · FY 2025
₹2.52 Cr margin 2.6%
EBITDA · FY 2025
₹5.14 Cr margin 5.3%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 37%
3 years · compounded
▲ 23%
5 years · compounded
▲ 18%
EBITDA CAGR growth
1 year
▲ 10%
3 years · compounded
▲ 19%
5 years · compounded
▲ 11%
Revenue has grown at a compounded annual rate (CAGR) of 18% over five years, including 37% growth in the latest year. EBITDA rose 10% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
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| Total Expenses | |||||
| EBITDA | ₹5.14 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹2.52 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 5.3% | ||||
| Net Profit Margin | 2.6% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
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| 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 Essel Projects Private Limited, buy the company report.
Board of directors of Essel Projects Private Limited
Essel Projects has 6 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Madhab Kumar Hazra | Director | 01 Oct 2020 | 6 Years 0 Months | Current |
| Sasidharan Mathradan | Director | 31 May 2017 | 9 Years 4 Months | Current |
| Pilaka Veedu Madhu | Director | 01 Dec 2022 | 3 Years 10 Months | Current |
| Asit Kumar Mohanty | Director | 20 Jun 2024 | 2 Years 4 Months | Current |
| Kunnummalpradeep Damodaran Pilaca Also directs: SL Touch IT Solutions Private Limited | Director | 24 May 2007 | 19 Years 5 Months | Current |
| Smitha Pradeep Muthathiyan Also directs: SL Touch IT Solutions Private Limited | Director | 24 May 2007 | 19 Years 5 Months | Current |
Auditor
Essel Projects Private Limited is audited by Arunav Majumdar & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Arunav Majumdar & Co. | FY 2023 | 022662C |
Shareholding
The shareholding of Essel 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 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Essel Projects Private Limited, buy the company report.
Charges & borrowings
Open charges
₹110.54 Cr
Satisfied charges
₹21.79 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Aug 2025 | 101147955 | Hdfc Bank Limited | ₹26 Lakh | Open | |
| 21 Aug 2025 | 101163257 | Hdfc Bank Limited | ₹26 Lakh | Open | |
| 09 Jul 2025 | 101129531 | Hdfc Bank Limited | ₹3 Cr | Open | |
| 27 Feb 2025 | 101073652 | Hdfc Bank Limited | ₹47.5 Cr | Open | |
| 27 Jan 2025 | 101040812 | Hdfc Bank Limited | ₹9.38 Lakh | Open |
To see the full charge records of Essel Projects Private Limited, buy the company report.
Total charge records: 17 View all charges
Legal cases
Essel Projects Private Limited has 5 court cases on record: 3 filed by Essel Projects, 2 filed against it. 1 case is pending and 4 are disposed.
Total cases
5
Filed by the company
3
Filed against the company
2
Pending
1
Disposed
4
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 5 | 2 | 1 |
Cases on record (5 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Bharuch, Gujarat | Court case (CMA DC) | Filed against the company by Hindustan Copper Ltd | Disposed |
| District court, Nagpur, Maharashtra | Arbitration matter | Filed by the company against M/S. Path Breaking Projects LT. and 4 others | Pending |
| District court, Nagpur, Maharashtra | Arbitration matter | Filed by the company against M/S. Path Breaking Projects LT. and 4 others | Disposed |
| District court, Raipur, Chhattisgarh | Arbitration matter | Filed by the company against M/S Neo Structo Construction Private Limted and 1 other | Disposed |
| District court, Pune, Maharashtra | Civil suit | Filed against the company by State Through Dhanrja Shivajirao Jadhav | Disposed |
To see the full case history of Essel Projects 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.
MSME payment delays
Essel Projects Private Limited has 2 MSME Form 1 returns on record for the period ending Mar 2019, listing 28 overdue payments to 6 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 6)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Topclass HR Solution Private Limited | |||
| Arya Electricals | |||
| an individual supplier | |||
| Shree Enterprises | |||
| an individual supplier |
To see the full MSME payment records of Essel Projects Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Essel Projects Private Limited has a workforce of 805 employees on its EPFO records as of Apr 04, 2024, across 4 active EPFO establishments.
Employee count
805
Active EPFO establishments
4
Employee growth
-19.01%
GST
Essel Projects has 13 GST registrations: 9 active and 4 cancelled or inactive. The first 4 active GSTINs are listed below.
Total GSTINs
13
Active
9
Cancelled / inactive
4
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 22AABCE7701Q1ZK | Chattisgarh | Active | 01 Jul 2017 |
| 19AABCE7701Q1Z7 | West Bengal | Active | 01 Jul 2017 |
| 20AABCE7701Q1ZO | Jharkhand | Active | 01 Jul 2017 |
| 33AABCE7701Q1ZH | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Essel Projects Private Limited, buy the company report.
Recent activity
Essel Projects Private Limited has 11 board changes on record since 2007: 6 appointments and 5 cessations. The latest: Asit Kumar Mohanty ceased to be Additional Director on 30 Sep 2024.
AGM
Essel Projects Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 26.00 Lakh with Charge ID 101147955 was registered on 28 Aug 2025.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 26.00 Lakh with Charge ID 101163257 was registered on 21 Aug 2025.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 300.00 Lakh with Charge ID 101129531 was registered on 09 Jul 2025.
Filing
Essel Projects Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Chhattisgarh.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 4,750.00 Lakh with Charge ID 101073652 was registered on 27 Feb 2025.
Charges
A charge with Hdfc Bank Limited of Rs. 4,249.00 Lakh registered on 29 Jun 2023 with Charge ID 100755085 was modified on 27 Feb 2025.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 9.38 Lakh with Charge ID 101040812 was registered on 27 Jan 2025.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 18.40 Lakh with Charge ID 101010687 was registered on 04 Nov 2024.
Ceased
Asit Kumar Mohanty ceased to be Additional Director.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 9.00 Lakh with Charge ID 101001315 was registered on 31 Aug 2024.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 11.45 Lakh with Charge ID 100963975 was registered on 27 Jun 2024.
29 earlier events are in the company report.
Frequently asked questions
Essel Projects is an active private limited company based in Raipur, Chhattisgarh, India. The company works in procurement and construction (epc), within the engineering industry. It was incorporated on 24 May 2007 (19+ years old) and is registered under CIN U45209CT2007PTC008651.
Essel Projects has 6 current directors:
- Madhab Kumar Hazra - Director
- Sasidharan Mathradan - Director
- Pilaka Veedu Madhu - Director
- Asit Kumar Mohanty - Director
- Kunnummalpradeep Damodaran Pilaca - Director
- Smitha Pradeep Muthathiyan - Director
The latest financial statements of Essel Projects on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Essel Projects is 22AABCE7701Q1ZK, registered in Chattisgarh. The company has 13 GST registrations in all, of which 9 are active and 4 are cancelled or inactive. Other active GSTINs include 19AABCE7701Q1Z7 (West Bengal), 20AABCE7701Q1ZO (Jharkhand), 33AABCE7701Q1ZH (Tamil Nadu).
The CIN (Corporate Identification Number) of Essel Projects is U45209CT2007PTC008651. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Essel Projects has 5 court cases on record: 3 filed by the company and 2 filed against it. 1 is pending.
Essel Projects was incorporated on 24 May 2007, making it 19+ years old. It is registered with the Registrar of Companies, Chhattisgarh.
Asit Kumar Mohanty ceased to be Additional Director on 30 Sep 2024. Asit Kumar Mohanty was appointed as Director on 20 Jun 2024. Pilaka Veedu Madhu was appointed as Director on 01 Dec 2022. Essel Projects has 11 board changes on record in total.
Yes, Essel Projects is registered as a medium enterprise under Udyam registration (number: UDYAM-CG-05-0004578).
Essel Projects has 2 MSME Form 1 returns on record for the period ending Mar 2019, listing 28 overdue payments to 6 micro and small suppliers. The latest return was filed on 31 May 2019.
Essel Projects can be reached through the website esselprojects.com. Its registered office is in Raipur, Chhattisgarh, India.
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