Abt Industries Profile
Key Indicators
- Authorised Capital ₹ 20.00 Cr
as on 15-11-2024
- Paid Up Capital ₹ 15.16 Cr
as on 15-11-2024
- Company Age 74 Year, 8 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 331.70 Cr
as on 15-11-2024
- Satisfied Charges ₹ 248.11 Cr
as on 15-11-2024
- Revenue 19.13%
(FY 2023)
- Profit 2.34%
(FY 2023)
- Ebitda -9.38%
(FY 2023)
- Net Worth 48.52%
(FY 2023)
- Total Assets 0.47%
(FY 2023)
About Abt Industries
The Corporate was formerly known as The Gounder & Company 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. Krishnaraj Vanavarayar, Prakash Kasiappagounder, Rajeswaran Kalimuthu, and Three other members serve as directors at the Company.
- 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
Company Details
- Location
Coimbatore, Tamil Nadu, India
- Telephone
- Email Address
- Social Media-
Who are the key members and board of directors at Abt Industries?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Palaniappan Venkatachalam | Company Secretary | 04-Oct-2010 | Current |
| Raghavan Seshathri | CFO | 20-Oct-2021 | Current |
Board Members(6)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Krishnaraj Vanavarayar  | Director | 09-Sep-2015 | Current |
| Prakash Kasiappagounder | Director | 30-Sep-2017 | Current |
| Rajeswaran Kalimuthu | Director | 09-Sep-2015 | Current |
| Hari Manickam | Director | 09-Sep-2015 | Current |
| Samyuktha Balasubramaniam | Whole-Time Director | 27-Sep-2014 | Current |
| Giri Chellamuthu | Director | 14-Feb-2022 | Current |
Financial Performance and Corporate Structure Insights 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%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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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.
Related Corporates (Common Directorship)
Sri Sakthi Textiles Private LimitedActive 69 years 5 monthsKrishnaraj Vanavarayar is a mutual person
Sakthi Management Services Coimbatore LimitedActive 23 years 9 monthsPrakash Kasiappagounder is a mutual person
Abt Foods LimitedActive 16 years 7 monthsKrishnaraj Vanavarayar, Hari Manickam and 2 more are mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Others Creation Date: 29 Aug 2024 | ₹3.77 Cr | Open |
Others Creation Date: 16 Aug 2024 | ₹3.53 Cr | Open |
Others Creation Date: 31 Jul 2024 | ₹8.15 M | Open |
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.
Deals i
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
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
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.
