Addison & Co. Profile
Key Indicators
- Authorised Capital ₹ 12.50 Cr
- Paid Up Capital ₹ 5.40 Cr
- Company Age 110 Year, 2 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 21.00 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 two months. Its registered office is in Na, Tamil Nadu, India.
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 2023. 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 ₹21.00 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. Anantharamakrishnan Krishnamoorthy, Pasalai Sankaran, Rashmi Urdhwareshe, and Three other members serve as directors at the Company.
Company Details
- Location
Na, Tamil Nadu, India
- 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
28 Jun 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Chennai
Industry
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.
Who are the key members and board of directors at Addison & Co.?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Mylapore Muthukumaraswamy  | Company Secretary | 24-Sep-2015 | Current |
| Rajeshkumar Anandakumar | CFO | 01-Jul-2018 | Current |
Board Members (5)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Rashmi Urdhwareshe | Director | 02-Mar-2023 | Current |
| Anantharamakrishnan Krishnamoorthy | Director | 29-Jan-2011 | Current |
| Pasalai Sankaran | Director | 22-Aug-2011 | Current |
| Gajendran Gopal | Whole-Time Director | 01-Jul-2018 | Current |
| Majundar Satyanarainrao | Director | 01-Nov-2015 | Current |
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%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metrics |
| (FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
| ||||||
| Revenue from Operations |
| ||||||
| Total Assets |
| ||||||
| Profit or Loss |
| ||||||
| Net Worth |
| ||||||
| EBITDA |
|
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.
Related Corporates (Common Directorship)
Stanes Amalgamated Estates LimitedAnantharamakrishnan Krishnamoorthy is a mutual person
Sri Rama Vilas Service LimitedRajeshkumar Anandakumar is a mutual person
L.M.Van Moppes Diamond Tools India Private LimitedGajendran Gopal and Majundar Satyanarainrao are mutual person
Kinetic Communications LimitedRashmi Urdhwareshe is a mutual person
Zf Commercial Vehicle Control Systems India LimitedRashmi Urdhwareshe is a mutual person
Simpson And Company LimitedAnantharamakrishnan Krishnamoorthy and Pasalai Sankaran are mutual person
Charges (Loans)
₹21.00 Cr
₹215.02 Cr
Charges Breakdown by Lending Institutions
- Others : 21.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 20 Dec 1972 | Others | ₹21.00 Cr | Open |
| 01 Feb 2012 | Central Bank Of India Limited | ₹10.00 Cr | Satisfied |
| 10 Aug 2011 | Central Bank Of India Limited | ₹25.00 Cr | Satisfied |
| 10 Aug 2011 | Central Bank Of India Limited | ₹10.00 Cr | Satisfied |
| 24 Mar 2010 | Idbi Bank Limited | ₹54.00 Cr | Satisfied |
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.
Deals i
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
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.
