Coromandel Engineering Company Profile
Key Indicators
- Authorised Capital ₹ 72.00 Cr
- Paid Up Capital ₹ 33.23 Cr
- Company Age 77 Year, 6 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 143.28 Cr
- Satisfied Charges ₹ 285.03 Cr
- Revenue Growth -23.61%
- Profit Growth 2.47%
- Ebitda 37.64%
- Net Worth 116.96%
- Total Assets 3.28%
About Coromandel Engineering Company
Coromandel Engineering Company Limited (CECL) was founded in India on 03 September 1947 and has a glorious history of 77 years and six months. Its registered office is in Chennai, Tamil Nadu, India.
It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 533167.
The Corporate was formerly known as Coromandel Engineering Company Private Limited. The Company is engaged in the Infrastructure And Utilities 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 72.00 Cr and a paid-up capital of Rs 33.23 Cr.
The company currently has active open charges totaling ₹143.28 Cr. The company has closed loans amounting to ₹285.03 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Coromandel Engineering Company Limited India are Edwin Abinash as COMPANY SECRETARY and Perumal Ravichandran as Cfo. Ennarasu Karunesan, Srinivasan Baskaran, Muthiah Nagalingam, 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
L74910TN1947PLC000343
- Company No.
000343
- Stock Symbol
BSE : 533167
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
03 Sep 1947
- Date of AGM
27 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Listed
- ROC Code
Roc Chennai
Industry
Infrastructure and Utilities
What products or services does Coromandel Engineering Company Limited offer?
Coromandel Engineering Company Limited offers a wide range of products and services, including Project Management, Real Estate Services, Construction Service, Commercial Construction Service, Cement, Ramco Cement, Residential Construction Projects, Audio Mixer, Recorder & Transmitter, Music Systems, Building Construction.
Who are the key members and board of directors at Coromandel Engineering Company?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Manimaran  | Managing Director | 12-Nov-2024 | Current |
| Edwin Abinash | Company Secretary | 21-Jun-2024 | Current |
| Perumal Ravichandran | CFO | 27-Jan-2024 | Current |
Board Members (7)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Ennarasu Karunesan | Additional Director | 12-Nov-2024 | Current |
| Srinivasan Baskaran | Additional Director | 12-Nov-2024 | Current |
| Muthiah Nagalingam | Director | 29-Dec-2023 | Current |
| Elangovan Nallusamy | Director | 29-Dec-2023 | Current |
| Asir Selvan | Director | 28-Mar-2024 | Current |
| Ravi Muthusamy | Additional Director | 12-Nov-2024 | Current |
Financial Performance of Coromandel Engineering Company.
Coromandel Engineering Company Limited, for the financial year ended 2024, experienced significant reduction in revenue, with a 23.61% decrease. The company also saw a slight improvement in profitability, with a 2.47% increase in profit. The company's net worth Soared by an impressive increase of 116.96%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Coromandel Engineering Company?
In 2024, Coromandel Engineering Company had a promoter holding of 74.57% and a public holding of 25.43%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Tulsyan Nec LimitedRavi Muthusamy is a mutual person
Sameera Estates Private LimitedSrinivasan Baskaran is a mutual person
Kvg Insolvency Advisors Private LimitedMuthiah Nagalingam is a mutual person
Swelect Energy Systems LimitedRavi Muthusamy is a mutual person
- Swelect Sun Energy Private Limited
Ravi Muthusamy is a mutual person
- Swelect Renewable Energy Private Limited
Ravi Muthusamy is a mutual person
Charges (Loans)
Open Charges
₹143.28 Cr
Satisfied Charges
₹285.03 Cr
Charges Breakdown by Lending Institutions
- Hdfc Bank Limited : 36.00 Cr
- Indian Bank : 35.78 Cr
- Others : 25.00 Cr
- Indusind Bank Limited : 22.70 Cr
- Tata Capital Financial Services Limited : 16.00 Cr
- Others : 7.80 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 18 Oct 2022 | Tata Capital Financial Services Limited | ₹8.00 Cr | Open |
| 21 Mar 2022 | Others | ₹25.00 Cr | Open |
| 12 Jan 2022 | Tata Capital Financial Services Limited | ₹8.00 Cr | Open |
| 27 Sep 2021 | Indian Bank | ₹7.80 M | Open |
| 04 Jul 2012 | Indusind Bank Limited | ₹22.70 Cr | Open |
How Many Employees Work at Coromandel Engineering Company?
Coromandel Engineering Company has a workforce of 242 employees as of Dec 29, 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 Coromandel Engineering Company, 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 Coromandel Engineering Company'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.
Latest Updates, News, and FAQs on Coromandel Engineering Company
Recent activity within the organization
- Director Appointment
Ennarasu Karunesan was appointed as a Additional Director was appointed as a Additional Director on 12 Nov 2024 & has been associated with this company since 4 months 17 days .
- Director Appointment
Srinivasan Baskaran was appointed as a Additional Director was appointed as a Additional Director on 12 Nov 2024 & has been associated with this company since 4 months 17 days .
- Director Appointment
Ravi Muthusamy was appointed as a Additional Director was appointed as a Additional Director on 12 Nov 2024 & has been associated with this company since 4 months 17 days .
- Director Appointment
Manimaran was appointed as a Managing Director was appointed as a Managing Director on 12 Nov 2024 & has been associated with this company since 4 months 17 days .
- Annual General Meeting
Coromandel Engineering Company Limited last Annual general meeting of members was held on 27 Sep 2024 as per latest MCA records.
- Director Appointment
Edwin Sekar Raj Anto Abinash was appointed as a Company Secretary was appointed as a Company Secretary on 21 Jun 2024 & has been associated with this company since 9 months 8 days .
Recent News, Updates & Announcement
Accord Group Acquires Majority Stake in Coromandel Engineering, Mandatory Open Offer Initiated with Assistance from Rajani Associates.Accord Group bought 73.28% of Coromandel Engineering Company Limited's shares from promoters and triggered a mandatory open offer to buy 25.48% from public shareholders. Rajani Associates helped with the deal. Open offer team: Sangeeta Lakhi. The deal is done, but if you want your stuff on Bar & Bench, fill out the form..
Frequently asked questions
What is the Incorporation or founding date of Coromandel Engineering Company Limited?
Coromandel Engineering Company Limited was incorporated on 03 Sep 1947.
What is authorized share capital and paid-up capital of Coromandel Engineering Company Limited?
The authorized share capital of Coromandel Engineering Company Limited is ₹ 72.00 Cr and paid-up capital is ₹ 33.23 Cr.
Who are the current board members & directors of Coromandel Engineering Company Limited?
Currently 10 directors are associated with Coromandel Engineering Company Limited.
- Ennarasu Karunesan
- Srinivasan Baskaran
- Muthiah Nagalingam
- Elangovan Nallusamy
- Asir Raja Selvan
- Ravi Muthusamy
- Srinivasan Sridevi
- Manimaran
- Edwin Sekar Raj Anto Abinash
- Perumal Ravichandran
What is the registered address of Coromandel Engineering Company Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Coromandel Engineering Company Limited is Bascon Futura No 10/2 Old No.56L Venkatanarayana Road T.Nagar, India, Chennai, Tamil Nadu, 600017.
What is the corporate identification number (CIN) and company number of Coromandel Engineering Company Limited?
The corporate identification number (CIN) of Coromandel Engineering Company Limited is L74910TN1947PLC000343 and the company number is 000343 as per Ministry of Corporate Affairs (MCA).
Is Coromandel Engineering Company Limited registered with any stock exchange in India?
Yes, Coromandel Engineering Company Limited is registered on Bombay Stock Exchange (BSE).
What is the official website of Coromandel Engineering Company Limited?
The Official website of Coromandel Engineering Company Limited is https://www.coromandelengg.com
What has been the recent revenue trend for Coromandel Engineering Company Limited?
According to the financial reports for the fiscal year 2024, the revenue trend for Coromandel Engineering Company Limited has fallen by -23.61%.
How many employees does Coromandel Engineering Company Limited currently have?
As Per 2024 financial reports, 242 employees are currently employed by Coromandel Engineering Company Limited.
What change has been observed in the net worth of Coromandel Engineering Company Limited, and by what percentage?
The financial reports for the fiscal year 2024 indicates that The net worth of Coromandel Engineering Company Limited has experienced an upsurge of 116.96%.
What are the total open charges for Coromandel Engineering Company Limited?
As per the financial statements for fiscal Year 2024, The total open charges for Coromandel Engineering Company Limited amount to ₹ 143.28 Cr.
When was the last Balance Sheet of Coromandel Engineering Company Limited filed with the ROC?
The most recent Balance Sheet for Coromandel Engineering Company Limited was filed with the ROC on 31 Mar 2024.
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