Addison & Co. Limited

Manufacturer of high-speed steel and solid carbide cutting tools, serving global clients and certified by ISO 9002.

1914 | Active
Last Updated:

Addison & Co. Profile

Key Indicators

  • Authorised Capital ₹ 12.50 Cr
  • Paid Up Capital ₹ 5.40 Cr
  • Company Age 110 Year, 5 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 15.00 Cr
  • Satisfied Charges ₹ 215.02 Cr
  • Revenue Growth 13.43%
  • Profit Growth -14.10%
  • Ebitda 32.55%
  • Net Worth 7.58%
  • Total Assets -5.41%

About Addison & Co.

Addison & Co. Limited (ACL) was founded in India on 26 November 1914 and has a glorious history of 110 years and five months. Its registered office is in Na, Tamil Nadu.

The Corporate was formerly known as Addison & Co. P Limited. The Company is engaged in the Machinery And Equipment Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 12.50 Cr and a paid-up capital of Rs 5.40 Cr.

The company currently has active open charges totaling ₹15.00 Cr. The company has closed loans amounting to ₹215.02 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Addison & Co. Limited India are Mylapore Muthukumaraswamy as COMPANY SECRETARY and Rajeshkumar Anandakumar as Cfo. Gajendran Gopal, Anantharamakrishnan Krishnamoorthy, Majundar Satyanarainrao, and Three other members serve as directors at the Company.

Company Details

  • Location Na, Tamil Nadu
  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U28939TN1914PLC000008

  • Company No.

    000008

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    26 Nov 1914

  • Date of AGM

    09 Jul 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Machinery and Equipment

What products or services does Addison & Co. Limited offer?

Addison & Co. Limited offers a wide range of products and services, including Drill Bits, Center Drills, Countersink Drill Bit, HSS Milling Cutters, Parallel Shank End Mills, Angle Milling Cutters, Double Angle Cutter, Angle Cutters, Threading Tap, Ground Thread Taps.

Company report

Addison & Co. Limited

Explore comprehensive data for Addison & Co. Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Addison & Co.?

Executive Team (2)

NameDesignationAppointment DateStatus
Mylapore Muthukumaraswamy Country flag representing In Company Secretary24-Sep-2015Current
Rajeshkumar Anandakumar Country flag representing In CFO01-Jul-2018Current

Board Members (6)

NameDesignationAppointment DateStatus
Rashmi Urdhwareshe Country flag representing In Director 02-Mar-2023Current
Gajendran Gopal Country flag representing In Whole-Time Director 01-Jul-2018Current
Anantharamakrishnan Krishnamoorthy Country flag representing In Director 29-Jan-2011Current
Majundar Satyanarainrao Country flag representing In Director 01-Nov-2015Current
Pasalai Sankaran Country flag representing In Director 22-Aug-2011Current
Rajeshkumar Anandakumar Country flag representing In Whole-Time Director and Cfo 01-Nov-2020Current

Financial Performance of Addison & Co..

Addison & Co. Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 13.43% increase. The company also saw a substantial fall in profitability, with a 14.1% decrease in profit. The company's net worth moved up by a moderate rise of 7.58%.

Addison & Co. revenue growth over time
Addison & Co. 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
13.43%
Revenue from Operations
16.10%
Total Assets
-5.41%
Profit or Loss
-14.10%
Net Worth
7.58%
EBITDA
32.55%

What is the Ownership and Shareholding Structure of Addison & Co.?

In 2023, Addison & Co. had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹15.00 Cr

Satisfied Charges

₹215.02 Cr

Charges Breakdown by Lending Institutions

  • Others : 15.00 Cr

Latest Charge Details

DateLenderAmountStatus
20 Dec 1972Others₹15.00 CrOpen
01 Feb 2012Central Bank Of India Limited₹10.00 CrSatisfied
10 Aug 2011Central Bank Of India Limited₹25.00 CrSatisfied
10 Aug 2011Central Bank Of India Limited₹10.00 CrSatisfied
24 Mar 2010Idbi Bank Limited₹54.00 CrSatisfied

How Many Employees Work at Addison & Co.?

Addison & Co. has a workforce of 463 employees as of Apr 06, 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 Addison & Co. Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Addison & Co., 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 Addison & Co.'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 Addison & Co.

Recent activity within the organization

  • Annual General Meeting

    Addison & Co. Limited last Annual general meeting of members was held on 09 Jul 2024 as per latest MCA records.

  • Charges

    A charge with Others of Rs. 15.00 Cr registered on 20 Dec 1972 with Charge ID 90287115 was modified on 10 Jun 2024.

  • Balance Sheet

    Addison & Co. Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.

  • Director Appointment

    Rashmi Hemant Urdhwareshe was appointed as a Director was appointed as a Director on 02 Mar 2023 & has been associated with this company since 2 years 2 months .

  • Director Appointment

    Rajeshkumar Anandakumar was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 01 Nov 2020 & has been associated with this company since 4 years 6 months .

  • Director Appointment

    Gajendran Giridhara Gopal was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 01 Jul 2018 & has been associated with this company since 6 years 10 months .

Frequently asked questions

  • What is the Incorporation or founding date of Addison & Co. Limited?

    Addison & Co. Limited was incorporated on 26 Nov 1914.

  • What is authorized share capital and paid-up capital of Addison & Co. Limited?

    The authorized share capital of Addison & Co. Limited is ₹ 12.50 Cr and paid-up capital is ₹ 5.40 Cr.

  • Who are the current board members & directors of Addison & Co. Limited?

    Currently 8 directors are associated with Addison & Co. Limited.

    • Mylapore Padmanabhan Muthukumaraswamy
    • Gajendran Giridhara Gopal
    • Anantharamakrishnan Krishnamoorthy
    • Majundar Laxman Satyanarainrao
    • Pasalai Rajamani Sankaran
    • Rajeshkumar Anandakumar
    • Rashmi Hemant Urdhwareshe
    • Rajeshkumar Anandakumar

  • What is the registered address of Addison & Co. Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Addison & Co. Limited is 803 An Salai Post Box 308, Madras 600002. Tamil Du India, Na, Tamil Nadu.

  • What is the corporate identification number (CIN) and company number of Addison & Co. Limited?

    The corporate identification number (CIN) of Addison & Co. Limited is U28939TN1914PLC000008 and the company number is 000008 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Addison & Co. Limited?

    The Official website of Addison & Co. Limited is https://www.addison.co.in

  • What has been the recent revenue trend for Addison & Co. Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Addison & Co. Limited has risen by 13.43%.

  • How many employees does Addison & Co. Limited currently have?

    As Per 2023 financial reports, 463 employees are currently employed by Addison & Co. Limited.

  • What change has been observed in the net worth of Addison & Co. Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Addison & Co. Limited has experienced an upsurge of 7.58%.

  • What are the total open charges for Addison & Co. Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Addison & Co. Limited amount to ₹ 15.00 Cr.

  • When was the last Balance Sheet of Addison & Co. Limited filed with the ROC?

    The most recent Balance Sheet for Addison & Co. Limited was filed with the ROC on 31 Mar 2024.

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