Coromandel Engineering Company Limited

Construction and property development company specializing in residential, commercial, and industrial projects with ISO certifications.

1947 | Chennai, Tamil Nadu (India) | Active
Last Updated: December 29, 2024

Coromandel Engineering Company Profile

Key Indicators

  • Authorised Capital ₹ 72.00 Cr
  • Paid Up Capital ₹ 33.23 Cr
  • Company Age 77 Year, 5 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 five 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

    coromandelengg.com

  • 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)

NameDesignationAppointment DateStatus
Manimaran Country flag representing In Managing Director12-Nov-2024Current
Edwin Abinash Company Secretary21-Jun-2024Current
Perumal Ravichandran CFO27-Jan-2024Current

Board Members (7)

NameDesignationAppointment DateStatus
Ennarasu Karunesan Country flag representing In Additional Director 12-Nov-2024Current
Srinivasan Baskaran Country flag representing In Additional Director 12-Nov-2024Current
Muthiah Nagalingam Country flag representing In Director 29-Dec-2023Current
Elangovan Nallusamy Country flag representing In Director 29-Dec-2023Current
Asir Selvan Country flag representing In Director 28-Mar-2024Current
Ravi Muthusamy Country flag representing In Additional Director 12-Nov-2024Current

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%.

Graph illustrating revenue growth over time
Graph showing 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
-23.61%
Revenue from Operations
-23.61%
Total Assets
3.28%
Profit or Loss
2.47%
Net Worth
116.96%
EBITDA
37.64%

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.

Shareholding Indicator graph

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

DateLenderAmountStatus
18 Oct 2022Tata Capital Financial Services Limited₹8.00 CrOpen
21 Mar 2022Others₹25.00 CrOpen
12 Jan 2022Tata Capital Financial Services Limited₹8.00 CrOpen
27 Sep 2021Indian Bank₹7.80 MOpen
04 Jul 2012Indusind Bank Limited₹22.70 CrOpen

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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

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

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 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 3 months 10 days .

    12 Nov 2024

  • 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 3 months 10 days .

    12 Nov 2024

  • 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 3 months 10 days .

    12 Nov 2024

  • 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 3 months 10 days .

    12 Nov 2024

  • Annual General Meeting

    Coromandel Engineering Company Limited last Annual general meeting of members was held on 27 Sep 2024 as per latest MCA records.

    27 Sep 2024

  • 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 8 months 1 day .

    21 Jun 2024

Recent News, Updates & Announcement

Frequently asked questions

  • Coromandel Engineering Company Limited was incorporated on 03 Sep 1947.

  • The authorized share capital of Coromandel Engineering Company Limited is ₹ 72.00 Cr and paid-up capital is ₹ 33.23 Cr.

  • 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
  • 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.

  • 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).

  • Yes, Coromandel Engineering Company Limited is registered on Bombay Stock Exchange (BSE).

  • The Official website of Coromandel Engineering Company Limited is https://www.coromandelengg.com

  • According to the financial reports for the fiscal year 2024, the revenue trend for Coromandel Engineering Company Limited has fallen by -23.61%.

  • As Per 2024 financial reports, 242 employees are currently employed by Coromandel Engineering Company Limited.

  • 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%.

  • As per the financial statements for fiscal Year 2024, The total open charges for Coromandel Engineering Company Limited amount to ₹ 143.28 Cr.

  • The most recent Balance Sheet for Coromandel Engineering Company Limited was filed with the ROC on 31 Mar 2024.

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