MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-AP-10-0003271
First Esco India Private Limited - energy and power in Visakhapatnam, Andhra Pradesh, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹3.94 Cr
▼ 89% YoY
Net loss · FY 2024
₹1.54 Cr
Net margin -39%
EBITDA · FY 2024
-₹1.2 Cr
EBITDA margin -30.3%
Authorised capital
₹3 Cr
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹1.45 Cr
Secured borrowings
Company age
18 yrs
Est. 2008
Directors on board
3
As per MCA filings
About First Esco India Private Limited
Data last updated:
First Esco India Private Limited is a private limited company based in Visakhapatnam, Andhra Pradesh, India. It operates in the power epc segment of the energy and power sector. It was incorporated on 24 October 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Vijayawada, under CIN U74900AP2008PTC061571. Its GSTIN is 37AABCF3270F1ZV (Andhra Pradesh).
The company has an authorised share capital of ₹3 Cr and a paid-up capital of ₹1 Lakh. It is led by directors including Akhil Kumar Kunche and Kumar Kunche Vijaya.
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 16 Prince Apartments Chinna Waltair Kirlampudi Layout, Visakhapatnam, Andhra Pradesh, India – 530017.
As per the financials filed for FY 2024, the company reported a revenue of ₹3.94 Cr, a decline of 89% compared to the previous year. For the same year it recorded a net loss of ₹1.54 Cr (net margin -39%) and EBITDA of -₹1.2 Cr (EBITDA margin -30.3%). Revenue has grown at a compounded annual rate (CAGR) of 135% over three years and 3% over five years.
Its group structure includes 1 subsidiary.
The company is associated with 2 brands: First ESCO India and FirstESCO. As per MCA filings, the company has open charges of ₹1.45 Cr on record. Court records list 2 cases involving the company, including 2 filed against it; 1 case is pending.
First Esco India Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-AP-10-0003271). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website firstescoindia.com.
Company details
CIN U74900AP2008PTC061571
Registration Number 061571
Incorporation Date 24 October 2008
ROC Vijayawada
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 Micro
Udyam Registration UDYAM-AP-10-0003271
Recognitions & Rankings of First Esco India
Contact details
First Esco India Private Limited's registered office is in Visakhapatnam, Andhra Pradesh. Its website is firstescoindia.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address16 Prince Apartments Chinna Waltair Kirlampudi Layout, Visakhapatnam, Andhra Pradesh, India – 530017
- IndustryEnergy and Power, Power EPC, BoP & BTG Services
To see the full contact details of First Esco India Private Limited, buy the company report.
Comprehensive company report
First Esco India 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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Brands
First Esco India operates two associated brands: First ESCO India and FirstESCO. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufactures waste heat recovery systems for energy-intensive industries. | firstescoindia.com | |
| Sustainable engineering solutions for energy efficiency, waste management, and resource conservation in India. | firstesco.in |
Business activity
The main business activity of First Esco India is construction. In detail, this covers demolition & site preparation, electrical, plumbing & other specialized construction activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | F3 | Demolition & site preparation, Electrical, plumbing & other Specialized construction Activities |
To see the full business activity and turnover split of First Esco India Private Limited, buy the company report.
Financials of First Esco India Private Limited
FY 2024 filings availableFirst Esco India Private Limited reported revenue of ₹3.94 Cr (down 89% YoY) for FY 2024.
Revenue · FY 2024
₹3.94 Cr ▼ 89%
Net loss · FY 2024
₹1.54 Cr margin -39%
EBITDA · FY 2024
-₹1.2 Cr margin -30.3%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 89%
3 years · compounded
▲ 135%
5 years · compounded
▲ 3%
EBITDA CAGR growth
1 year
▼ 143%
3 years · compounded
▼ 89%
5 years · compounded
▼ 42%
Revenue fell 89% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 3%. EBITDA fell 143% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
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| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
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| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹1.2 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹1.54 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -30.3% | ||||
| Net Profit Margin | -39% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
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| Quick Ratio | |||||
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| Efficiency and Growth | |||||
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| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
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| Net Profit Growth | |||||
To see the full financial statements and ratios of First Esco India Private Limited, buy the company report.
Board of directors of First Esco India Private Limited
First Esco India has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Akhil Kumar Kunche Also directs: Tetrabic India Private Limited, Aethryva Deeptech Private Limited | Director | 06 Sep 2019 | 7 Years 2 Months | Current |
| Kumar Kunche Vijaya Also directs: Ravenspirit Media Private Limited, Tetrabic India Private Limited | Director | 24 Oct 2008 | 18 Years 0 Months | Current |
| Nikhil Kunche | Director | 12 Mar 2013 | 13 Years 7 Months | Current |
Auditor
First Esco India Private Limited is audited by SSVS & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SSVS & Associates | FY 2023 | 013797S |
Shareholding
The shareholding of First Esco India 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 First Esco India Private Limited, buy the company report.
Charges & borrowings
Open charges
₹1.45 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 11 Jan 2021 | 100412627 | Others | ₹14.88 Lakh | Open | |
| 28 Mar 2015 | 10560154 | Hdfc Bank Limited | ₹1.3 Cr | Open |
To see the full charge records of First Esco India Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
First Esco India Private Limited has 2 court cases on record: 2 filed against it. 1 case is pending and 1 is disposed.
Total cases
2
Filed against the company
2
Pending
1
Disposed
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 2 | 1 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Bharuch, Gujarat | Court case (SPCS) | Filed against the company by M/S Videocon Industries Ltd. | Disposed |
| District court, Hyderabad CCC, Telangana | Court case (COS) | Filed against the company by an individual | Pending |
To see the full case history of First Esco India 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
No delayed payments to MSME suppliers are on our record for First Esco India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
First Esco India has 1 subsidiary company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
1
Subsidiary companies
Key subsidiaries
| Company Name | CIN | Shares held |
|---|---|---|
| Tetrabic India Private Limited | U74999TG2021PTC156961 |
To see the full group structure of First Esco India Private Limited, buy the company report.
GST
First Esco India has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 37AABCF3270F1ZV | Andhra Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of First Esco India Private Limited, buy the company report.
Recent activity
First Esco India Private Limited has 5 board changes on record since 2008: 3 appointments and 2 cessations. The latest: Akhil Kumar Kunche ceased to be Additional Director on 30 Sep 2019.
AGM
First Esco India Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
First Esco India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Vijayawada.
Charges
A charge with Others amounted to Rs. 0.15 Cr with Charge ID 100412627 was registered on 11 Jan 2021.
Charges
A charge with Hdfc Bank Limited of Rs. 1.30 Cr registered on 28 Mar 2015 with Charge ID 10560154 was modified on 04 Nov 2020.
Ceased
Akhil Kumar Kunche ceased to be Additional Director.
Appointed
Akhil Kumar Kunche was appointed as Director.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 1.30 Cr with Charge ID 10560154 was registered on 28 Mar 2015.
Ceased
Venkateswara Rao Avasarala ceased to be Director.
Appointed
Nikhil Kunche was appointed as Director.
Appointed
Kumar Kunche Vijaya was appointed as Director.
Incorporation
24 Oct 2008
First Esco India Private Limited was registered on 24 Oct 2008 with Roc Vijayawada & aged 18 years 14 days as per MCA records.
Frequently asked questions
First Esco India is an active private limited company based in Visakhapatnam, Andhra Pradesh, India. The company works in power epc, within the energy and power industry. It was incorporated on 24 October 2008 (18+ years old) and is registered under CIN U74900AP2008PTC061571.
First Esco India has 3 current directors:
- Akhil Kumar Kunche - Director
- Kumar Kunche Vijaya - Director
- Nikhil Kunche - Director
The latest financial statements of First Esco 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 First Esco India is 37AABCF3270F1ZV, registered in Andhra Pradesh.
The CIN (Corporate Identification Number) of First Esco India is U74900AP2008PTC061571. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
First Esco India has 2 court cases on record: 2 filed against it. 1 is pending.
First Esco India was incorporated on 24 October 2008, making it 18+ years old. It is registered with the Registrar of Companies, Vijayawada.
Akhil Kumar Kunche ceased to be Additional Director on 30 Sep 2019. Akhil Kumar Kunche was appointed as Director on 06 Sep 2019. Venkateswara Rao Avasarala ceased to be Director on 18 Apr 2013. First Esco India has 5 board changes on record in total.
Yes, First Esco India is registered as a micro enterprise under Udyam registration (number: UDYAM-AP-10-0003271).
First Esco India can be reached through the website firstescoindia.com. Its registered office is in Visakhapatnam, Andhra Pradesh, India.
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