Brakes India Private Limited

This company manufactures brake systems and ferrous castings for various vehicles, supplying to global OEMs.

1962 | Chennai, Tamil Nadu (India) | Active
Last Updated:

Brakes India Profile

Key Indicators

  • Authorised Capital ₹ 125.00 Cr
  • Paid Up Capital ₹ 17.46 Cr
  • Company Age 62 Year, 4 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 1,261.19 Cr
  • Satisfied Charges ₹ 3,792.78 Cr
  • Revenue Growth 33.65%
  • Profit Growth 29.89%
  • Ebitda 54.87%
  • Net Worth -34.67%
  • Total Assets -3.40%

About Brakes India

Brakes India Private Limited (BIPL) was founded in India on 09 November 1962 and has a glorious history of 62 years and four months. Its registered office is in Chennai, Tamil Nadu, India.

The Corporate was formerly known as Brakes India 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 2024. It's a company limited by shares with an authorized capital of Rs 125.00 Cr and a paid-up capital of Rs 17.46 Cr.

The company currently has active open charges totaling ₹1,261.19 Cr. The company has closed loans amounting to ₹3,792.78 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Brakes India Private Limited India is Pavithra Elumalai as COMPANY SECRETARY. Thiruvallur Srinivasaraghavan, Santhanam Viji, Ramanujam Srikanth, and Five other members serve as directors at the Company.

Company Details

  • Location

    Chennai, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U35999TN1962PTC004928

  • Company No.

    004928

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    09 Nov 1962

  • Date of AGM

    10 Jun 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Automotive

What products or services does Brakes India Private Limited offer?

Brakes India Private Limited offers a wide range of products and services, including Brake Parts, Car & Bike Brake Liner, Business Planning and Management, Business Consultant.

Who are the key members and board of directors at Brakes India?

Executive Team (2)

NameDesignationAppointment DateStatus
Viji Sriram Country flag representing In Managing Director24-Apr-2012Current
Pavithra Elumalai Country flag representing In Company Secretary01-Feb-2023Current

Board Members (7)

NameDesignationAppointment DateStatus
Thiruvallur Srinivasaraghavan Country flag representing In Director 01-Sep-2015Current
Santhanam Viji Country flag representing In Whole-Time Director 01-Apr-2010Current
Ramanujam Srikanth Country flag representing In Director 29-Nov-2000Current
Ragavachary Ramanujam Country flag representing In Whole-Time Director 08-Jan-1975Current
Shekar Viswanathan Country flag representing In Director 31-Jul-2023Current
Sampath Ramesh Country flag representing In Director 10-Nov-2021Current

Financial Performance of Brakes India.

Brakes India Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 33.65% increase. The company also saw a substantial improvement in profitability, with a 29.89% increase in profit. The company's net worth observed a substantial decline by a decrease of 34.67%.

Brakes India revenue growth over time
Brakes India 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
33.65%
Revenue from Operations
33.66%
Total Assets
-3.40%
Profit or Loss
29.89%
Net Worth
-34.67%
EBITDA
54.87%

What is the Ownership and Shareholding Structure of Brakes India?

In 2023, Brakes India had a promoter holding of 93.94% and a public holding of 6.06%. The company had 2 Associate Companies. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹1,261.19 Cr

Satisfied Charges

₹3,792.78 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of India : 885.00 Cr
  • Hdfc Bank Limited : 375.00 Cr
  • Ford India Private Ltd. : 1.19 Cr

Latest Charge Details

DateLenderAmountStatus
29 Jun 2023Hdfc Bank Limited₹375.00 CrOpen
23 Mar 2000Ford India Private Ltd.₹1.19 CrOpen
12 Oct 1979State Bank Of India₹7.99 CrOpen
29 Nov 1978State Bank Of India₹870.00 CrOpen
11 Jun 1975State Bank Of India₹7.01 CrOpen

How Many Employees Work at Brakes India?

Brakes India has a workforce of 9588 employees as of Apr 09, 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 Brakes India Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Brakes India, 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 Brakes India'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 Brakes India

Recent activity within the organization

  • Annual General Meeting

    Brakes India Private Limited last Annual general meeting of members was held on 10 Jun 2024 as per latest MCA records.

  • Director Appointment

    Tirunelvelli Srinivasamurti Tirumurti was appointed as a Director was appointed as a Director on 13 May 2024 & has been associated with this company since 10 months 16 days .

  • Balance Sheet

    Brakes India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.

  • Charges

    A charge with State Bank Of India of Rs. 870.00 Cr registered on 29 Nov 1978 with Charge ID 90297299 was modified on 20 Dec 2023.

  • Charges

    A charge registered on 21 Jan 1992 via Charge ID 90297548 with The Industrial Credit And Investment Corpn. Of India Ltd. was fully satisfied on 12 Sep 2023.

  • Charges

    A charge registered on 14 May 1986 via Charge ID 90297411 with The Industrial Credit And Investment Corpn. Of India Ltd. was fully satisfied on 12 Sep 2023.

Recent News, Updates & Announcement

Frequently asked questions

  • What is the Incorporation or founding date of Brakes India Private Limited?

    Brakes India Private Limited was incorporated on 09 Nov 1962.

  • What is authorized share capital and paid-up capital of Brakes India Private Limited?

    The authorized share capital of Brakes India Private Limited is ₹ 125.00 Cr and paid-up capital is ₹ 17.46 Cr.

  • Who are the current board members & directors of Brakes India Private Limited?

    Currently 9 directors are associated with Brakes India Private Limited.

    • Thiruvallur Thattai Srinivasaraghavan
    • Santhanam Viji
    • Ramanujam Srikanth
    • Ragavachary Ramanujam
    • Shekar Viswanathan
    • Sampath Ramesh
    • Viji Sriram
    • Tirunelvelli Srinivasamurti Tirumurti
    • Pavithra Elumalai

  • What is the registered address of Brakes India Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Brakes India Private Limited is No 21 Patulas Roadmadras-. India, Tamilnadu, Tamil Nadu, 600002.

  • What is the corporate identification number (CIN) and company number of Brakes India Private Limited?

    The corporate identification number (CIN) of Brakes India Private Limited is U35999TN1962PTC004928 and the company number is 004928 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Brakes India Private Limited?

    The Official website of Brakes India Private Limited is https://www.brakesindia.com

  • What has been the recent revenue trend for Brakes India Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Brakes India Private Limited has risen by 33.65%.

  • How many employees does Brakes India Private Limited currently have?

    As Per 2023 financial reports, 9588 employees are currently employed by Brakes India Private Limited.

  • What change has been observed in the net worth of Brakes India Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Brakes India Private Limited has experienced an downturn of -34.67%.

  • What are the total open charges for Brakes India Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Brakes India Private Limited amount to ₹ 1,261.19 Cr.

  • When was the last Balance Sheet of Brakes India Private Limited filed with the ROC?

    The most recent Balance Sheet for Brakes India Private Limited was filed with the ROC on 31 Mar 2024.

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