About Terracon Ecotech Private Limited
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Terracon Ecotech Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the business and IT consulting segment of the business process outsourcing sector. It was incorporated on 04 December 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74140MH2008PTC188663. Its GSTIN is 27AADCT0972A1ZN (Maharashtra).
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹1.8 Cr. It is led by directors including Vinayak Bhalchandra Karanjikar and Neeraj Agarwal.
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 B/301 Triveni S. V. Road Santacruz (West), Mumbai, Maharashtra, India – 400054.
As per the financials filed for FY 2024, the company reported a revenue of ₹5.24 Cr, a decline of 14% compared to the previous year. For the same year it recorded a net profit of ₹4.37 Lakh (net margin 0.8%) and EBITDA of ₹68.87 Lakh (EBITDA margin 13.2%). Revenue has grown at a compounded annual rate (CAGR) of 20% over three years.
The company has about 25 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Terracon Ecotech. As per MCA filings, the company has open charges of ₹49.5 Lakh and satisfied charges of ₹1.2 Cr on record. Court records list 3 cases involving the company, including 3 filed by the company; 2 cases are pending. The company has 6 deals on record (3 secondary share transfers, 2 funding rounds, 1 rights issue), with disclosed funding of ₹42 Lakh; the latest was in March 2022. The company has 3 MSME Form 1 returns on record between 2019 and 2022, listing 19 overdue payments to 14 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website terraconindia.com.
Company details
Contact details
Terracon Ecotech Private Limited's registered office is in Mumbai, Maharashtra. Its website is terraconindia.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressB/301 Triveni S. V. Road Santacruz (West), Mumbai, Maharashtra, India – 400054
- IndustryBusiness Outsourcing, Business & IT Consulting
To see the full contact details of Terracon Ecotech Private 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
Brands
Terracon Ecotech operates one associated brand: Terracon Ecotech. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provision of nature-based solutions for ecology, biodiversity, and environmental management in India. | terraconindia.com |
Business activity
The main business activity of Terracon Ecotech is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities |
To see the full business activity and turnover split of Terracon Ecotech Private Limited, buy the company report.
Financials of Terracon Ecotech Private Limited
FY 2024 filings availableTerracon Ecotech Private Limited reported revenue of ₹5.24 Cr (down 14% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue fell 14% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 20%. EBITDA fell 13% 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 |
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| EBITDA | ₹68.87 Lakh | ||||
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| Net Profit (PAT) | ₹4.37 Lakh | ||||
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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 | 13.2% | ||||
| Net Profit Margin | 0.8% | ||||
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To see the full financial statements and ratios of Terracon Ecotech Private Limited, buy the company report.
Board of directors of Terracon Ecotech Private Limited
Terracon Ecotech has 4 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vinayak Bhalchandra Karanjikar Also directs: Genaastha Pharmacy Private Limited, Nd Wellness Private Limited | Director | 04 Apr 2013 | 13 Years 6 Months | Current |
| Neeraj Agarwal | Director | 04 Apr 2013 | 13 Years 6 Months | Current |
| Ramesh Pandurang Madav | Director | 04 Dec 2008 | 17 Years 10 Months | Current |
| Ashok Nathmal Jain | Director | 04 Dec 2008 | 17 Years 10 Months | Current |
Auditor
Terracon Ecotech Private Limited is audited by SHRUTI MAHESHWARI for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SHRUTI MAHESHWARI | FY 2023 | 133331 |
Shareholding
The shareholding of Terracon Ecotech 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) | |||||
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| Public | |||||
| Others |
To see the full shareholding pattern of Terracon Ecotech Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 03 Feb 2023 | 100681392 | State Bank of India | ₹49.5 Lakh | Open | |
| 20 Nov 2013 | 10470678 | Deutsche Bank Ag | ₹1.2 Cr | Satisfied |
To see the full charge records of Terracon Ecotech Private Limited, buy the company report.
Total charge records: 2 View all charges
Deals & funding
Terracon Ecotech Private Limited has 6 deals on record (3 secondary share transfers, 2 funding rounds, 1 rights issue), with disclosed funding of ₹42 Lakh; the latest was in March 2022.
Deals on record (5 of 6)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2022 | Rights issue | ₹90 Lakh | Investors: 4 individuals |
| Mar 2022 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: 2 individuals |
| Nov 2018 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Jan 2014 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Oct 2012 | Funding round | ₹25 Lakh | Investors: 3 individuals |
To see the full deal history of Terracon Ecotech Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Terracon Ecotech Private Limited has 3 court cases on record: 3 filed by Terracon Ecotech. 2 cases are pending and 1 is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 3 | 0 | 2 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Writ petition | Filed by the company against Nashik Municipal Corporation Through Its Municipal Commissioner and Administrator | Pending |
| High Court, MAHARASHTRA | Writ petition | Filed by the company against Tree Authority Nashik Municpal Corporation and Anr and 1 other | Pending |
| High Court, MAHARASHTRA | Interim or miscellaneous application | Filed by the company against Tree Authority Nashik Municpal Corporation and Anr | Disposed |
To see the full case history of Terracon Ecotech 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
Terracon Ecotech Private Limited has 3 MSME Form 1 returns on record between 2019 and 2022, listing 19 overdue payments to 14 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 14)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Ceinsys Tech Limited | |||
| Anna University | |||
| an individual supplier | |||
| Sachi Prints | |||
| Bio Rescue Services |
To see the full MSME payment records of Terracon Ecotech Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Terracon Ecotech Private Limited has a workforce of 25 employees on its EPFO records as of Mar 28, 2024, across 1 active EPFO establishment.
GST
Terracon Ecotech has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AADCT0972A1ZN | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Terracon Ecotech Private Limited, buy the company report.
Recent activity
Terracon Ecotech Private Limited has 8 board changes on record since 2008: 4 appointments and 4 cessations. The latest: Ashok Rajaram Harane ceased to be Director on 30 Mar 2019.
2 earlier events are in the company report.
Frequently asked questions
Terracon Ecotech is an active private limited company based in Mumbai, Maharashtra, India. The company works in business and IT consulting, within the business outsourcing industry. It was incorporated on 04 December 2008 (18+ years old) and is registered under CIN U74140MH2008PTC188663.
Terracon Ecotech has 4 current directors:
- Vinayak Bhalchandra Karanjikar - Director
- Neeraj Agarwal - Director
- Ramesh Pandurang Madav - Director
- Ashok Nathmal Jain - Director
The latest financial statements of Terracon Ecotech 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 Terracon Ecotech is 27AADCT0972A1ZN, registered in Maharashtra.
The CIN (Corporate Identification Number) of Terracon Ecotech is U74140MH2008PTC188663. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Terracon Ecotech has 3 court cases on record: 3 filed by the company. 2 are pending.
Terracon Ecotech was incorporated on 04 December 2008, making it 18+ years old. It is registered with the Registrar of Companies, Mumbai.
Terracon Ecotech has 6 deals on record (3 secondary share transfers, 2 funding rounds, 1 rights issue), with disclosed funding of ₹42 Lakh; the latest was in March 2022.
Ashok Rajaram Harane ceased to be Director on 30 Mar 2019. Neeraj Agarwal ceased to be Additional Director on 30 Jul 2013. Vinayak Bhalchandra Karanjikar ceased to be Additional Director on 30 Jul 2013. Terracon Ecotech has 8 board changes on record in total.
Terracon Ecotech has 3 MSME Form 1 returns on record between 2019 and 2022, listing 19 overdue payments to 14 micro and small suppliers. The latest return was filed on 30 Apr 2022.
Terracon Ecotech can be reached through the website terraconindia.com. Its registered office is in Mumbai, Maharashtra, India.