Abt Industries Limited

Produces and markets dairy food products and trades/servicing Tata Motors vehicles.

1950 | Coimbatore, Tamil Nadu (India) | Active
Last Updated:

Abt Industries Profile

Key Indicators

  • Authorised Capital ₹ 20.00 Cr
  • Paid Up Capital ₹ 15.16 Cr
  • Company Age 75 Year, 28 Days
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 331.70 Cr
  • Satisfied Charges ₹ 248.11 Cr
  • Revenue Growth 19.13%
  • Profit Growth 2.34%
  • Ebitda -9.38%
  • Net Worth 48.52%
  • Total Assets 0.47%

About Abt Industries

Abt Industries Limited (AIL) was founded in India on 05 April 1950 and has a glorious history of 75 years . Its registered office is in Coimbatore, Tamil Nadu, India.

The Corporate was formerly known as The Gounder & Company Private Limited. The Company is engaged in the Automotive Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 20.00 Cr and a paid-up capital of Rs 15.16 Cr.

The company currently has active open charges totaling ₹331.70 Cr. The company has closed loans amounting to ₹248.11 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Abt Industries Limited India are Palaniappan Venkatachalam as COMPANY SECRETARY and Raghavan Seshathri as Cfo. Gurusamy Muniasamy, Samyuktha Balasubramaniam, Hari Manickam, and Four other members serve as directors at the Company.

Company Details

  • Location

    Coimbatore, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U60231TZ1950PLC000055

  • Company No.

    000055

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    05 Apr 1950

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Coimbatore

Industry

Automotive
Food and Beverages
Company report

Abt Industries Limited

Explore comprehensive data for Abt Industries Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Abt Industries?

Executive Team (2)

NameDesignationAppointment DateStatus
Palaniappan Venkatachalam Company Secretary04-Oct-2010Current
Raghavan Seshathri CFO20-Oct-2021Current

Board Members (7)

NameDesignationAppointment DateStatus
Gurusamy Muniasamy Country flag representing In Additional Director 05-Sep-2024Current
Samyuktha Balasubramaniam Country flag representing In Whole-Time Director 27-Sep-2014Current
Hari Manickam Country flag representing In Director 09-Sep-2015Current
Rajeswaran Kalimuthu Country flag representing In Director 09-Sep-2015Current
Prakash Kasiappagounder Country flag representing In Director 30-Sep-2017Current
Krishnaraj Vanavarayar Country flag representing In Director 09-Sep-2015Current

Financial Performance of Abt Industries.

Abt Industries Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 19.13% increase. The company also saw a slight improvement in profitability, with a 2.34% increase in profit. The company's net worth Soared by an impressive increase of 48.52%.

Abt Industries revenue growth over time
Abt Industries profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
19.13%
Revenue from Operations
19.12%
Total Assets
0.47%
Profit or Loss
2.34%
Net Worth
48.52%
EBITDA
-9.38%

What is the Ownership and Shareholding Structure of Abt Industries?

In 2022, Abt Industries had a promoter holding of 88.05% and a public holding of 11.95%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹331.70 Cr

Satisfied Charges

₹248.11 Cr

Charges Breakdown by Lending Institutions

  • Others : 278.06 Cr
  • Hdfc Bank Limited : 39.17 Cr
  • K Balachandran Fca : 5.55 Cr
  • Yes Bank Limited : 5.00 Cr
  • Sundaram Finance Limited : 2.17 Cr
  • Others : 1.75 Cr

Latest Charge Details

DateLenderAmountStatus
29 Aug 2024Others₹3.77 CrOpen
16 Aug 2024Others₹3.53 CrOpen
31 Jul 2024Others₹8.15 MOpen
24 Jun 2024Others₹1.10 CrOpen
08 May 2024Hdfc Bank Limited₹2.35 MOpen

How Many Employees Work at Abt Industries?

Abt Industries has a workforce of 809 employees as of Apr 07, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee growth trends for Abt Industries Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Abt Industries, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Abt Industries's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Abt Industries

Recent activity within the organization

  • Charges

    A charge registered on 27 Sep 2014 via Charge ID 10533473 with Ca. K. Balachandran Fca was fully satisfied on 11 Oct 2024.

  • Charges

    A charge registered on 10 Sep 2014 via Charge ID 10533406 with K Balachandran Fca was fully satisfied on 19 Sep 2024.

  • Director Appointment

    Gurusamy Muniasamy was appointed as a Additional Director was appointed as a Additional Director on 05 Sep 2024 & has been associated with this company since 7 months 27 days .

  • Charges

    A charge with Others amounted to Rs. 3.77 Cr with Charge ID 100983146 was registered on 29 Aug 2024.

  • Charges

    A charge registered on 31 Jul 2014 via Charge ID 10533915 with Ca. K. Balachandran Fca was fully satisfied on 19 Aug 2024.

  • Charges

    A charge registered on 30 Jun 2014 via Charge ID 10533530 with K Balachandran Fca was fully satisfied on 19 Aug 2024.

Frequently asked questions

  • What is the Incorporation or founding date of Abt Industries Limited?

    Abt Industries Limited was incorporated on 05 Apr 1950.

  • What is authorized share capital and paid-up capital of Abt Industries Limited?

    The authorized share capital of Abt Industries Limited is ₹ 20.00 Cr and paid-up capital is ₹ 15.16 Cr.

  • Who are the current board members & directors of Abt Industries Limited?

    Currently 9 directors are associated with Abt Industries Limited.

    • Palaniappan Venkatachalam
    • Gurusamy Muniasamy
    • Samyuktha Balasubramaniam
    • Hari Hara Sudhan Manickam
    • Rajeswaran Kalimuthu
    • Prakash Kasiappagounder
    • Krishnaraj Shankar Vanavarayar
    • Giri Prasad Chellamuthu
    • Raghavan Seshathri

  • What is the registered address of Abt Industries Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Abt Industries Limited is Sakthi Sugars Building 180 Race Course Road India, Coimbatore, Tamil Nadu, 641018.

  • What is the corporate identification number (CIN) and company number of Abt Industries Limited?

    The corporate identification number (CIN) of Abt Industries Limited is U60231TZ1950PLC000055 and the company number is 000055 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Abt Industries Limited?

    The Official website of Abt Industries Limited is https://www.abt-industries-ltd-commercial-vehicle.business.site

  • What has been the recent revenue trend for Abt Industries Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Abt Industries Limited has risen by 19.13%.

  • How many employees does Abt Industries Limited currently have?

    As Per 2023 financial reports, 809 employees are currently employed by Abt Industries Limited.

  • What change has been observed in the net worth of Abt Industries Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Abt Industries Limited has experienced an upsurge of 48.52%.

  • What are the total open charges for Abt Industries Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Abt Industries Limited amount to ₹ 331.70 Cr.

  • When was the last Balance Sheet of Abt Industries Limited filed with the ROC?

    The most recent Balance Sheet for Abt Industries Limited was filed with the ROC on 31 Mar 2023.

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