Coromandel Travels Limited

Provides non-scheduled air transport services domestically and internationally.

2007 | Chennai, Tamil Nadu (India) | Active
Last Updated: December 17, 2024

Coromandel Travels Profile

Key Indicators

  • Authorised Capital ₹ 67.31 Cr
  • Paid Up Capital ₹ 67.31 Cr
  • Company Age 17 Year, 4 Months
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 90.00 Cr
  • Revenue Growth -99.00%
  • Profit Growth -110.90%
  • Ebitda 8.18%
  • Net Worth -70.08%
  • Total Assets 2.72%

About Coromandel Travels

Coromandel Travels Limited (CTL) is a Public Limited Indian Non-Government Company incorporated in India on 24 September 2007 and has a history of 17 years and four months. Its registered office is in Chennai, Tamil Nadu, India.

The Corporate was formerly known as Coromandel Travels Private Limited. The Company is engaged in the Transport And Logistics 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 67.31 Cr and a paid-up capital of Rs 67.31 Cr.

The company has closed loans amounting to ₹90.00 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Coromandel Travels Limited India are Padmanaban Selvakumari as COMPANY SECRETARY and Chakarapani Seshadri as Cfo. Mohan Margabandhu, Rupa Gurunath, Gurunath Balasubramanian, and Three other members serve as directors at the Company.

Company Details

  • Location

    Chennai, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U63040TN2007PLC064854

  • Company No.

    064854

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    24 Sep 2007

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Transport and Logistics

Who are the key members and board of directors at Coromandel Travels?

Executive Team (2)

NameDesignationAppointment DateStatus
Padmanaban Selvakumari Company Secretary05-Mar-2018Current
Chakarapani Seshadri CFO05-Mar-2018Current

Board Members (6)

NameDesignationAppointment DateStatus
Sandhya Rajan Country flag representing In Director 10-Jan-2020Current
Mohan Margabandhu Country flag representing In Director 25-Feb-2008Current
Rupa Gurunath Country flag representing In Director 24-Sep-2007Current
Gurunath Balasubramanian Country flag representing In Director 24-Sep-2007Current
Lakshmiaparna Sreekumar Country flag representing In Director 10-Jan-2020Current
Srinivasan Ranganathan Country flag representing In Director 25-Feb-2008Current

Financial Performance of Coromandel Travels.

Coromandel Travels Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 99% decrease. The company also saw a substantial fall in profitability, with a 110.9% decrease in profit. The company's net worth observed a substantial decline by a decrease of 70.08%.

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
-99.00%
Revenue from Operations
Total Assets
2.72%
Profit or Loss
-110.90%
Net Worth
-70.08%
EBITDA
8.18%

What is the Ownership and Shareholding Structure of Coromandel Travels?

In 2023, Coromandel Travels had a promoter holding of 98.51% and a public holding of 1.49%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹90.00 Cr

Charges Breakdown by Lending Institutions

  • Icici Bank Limited : 90.00 Cr

Latest Charge Details

DateLenderAmountStatus
23 Dec 2013Icici Bank Limited₹90.00 CrSatisfied

How Many Employees Work at Coromandel Travels?

Unlock and access historical data on people associated with Coromandel Travels, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Coromandel Travels, 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 Travels'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 Travels

Recent activity within the organization

  • Annual General Meeting

    Coromandel Travels Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Coromandel Travels Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.

    31 Mar 2024

  • Director Appointment

    Lakshmiaparna Sreekumar was appointed as a Director was appointed as a Director on 10 Jan 2020 & has been associated with this company since 5 years 21 days .

    10 Jan 2020

  • Director Appointment

    Sandhya Rajan was appointed as a Director was appointed as a Director on 10 Jan 2020 & has been associated with this company since 5 years 21 days .

    10 Jan 2020

  • Charges

    A charge registered on 23 Dec 2013 via Charge ID 10467527 with Icici Bank Limited was fully satisfied on 22 Jul 2019.

    22 Jul 2019

  • Director Appointment

    Padmanaban Selvakumari was appointed as a Company Secretary was appointed as a Company Secretary on 05 Mar 2018 & has been associated with this company since 6 years 10 months .

    05 Mar 2018

Frequently asked questions

  • Coromandel Travels Limited was incorporated on 24 Sep 2007.

  • The authorized share capital of Coromandel Travels Limited is ₹ 67.31 Cr and paid-up capital is ₹ 67.31 Cr.

  • Currently 8 directors are associated with Coromandel Travels Limited.

    • Mohan Veppur Margabandhu
    • Rupa Gurunath
    • Gurunath Meiyappan Balasubramanian
    • Padmanaban Selvakumari
    • Chakarapani Seshadri
    • Lakshmiaparna Sreekumar
    • Sandhya Rajan
    • Srinivasan Ranganathan
  • As per Ministry of Corporate Affairs (Mca), the registered address of Coromandel Travels Limited is Dhunbuildingno.827, Annasalai India, Chennai, Tamil Nadu, 600002.

  • The corporate identification number (CIN) of Coromandel Travels Limited is U63040TN2007PLC064854 and the company number is 064854 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Coromandel Travels Limited is https://www.indiacements.co.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Coromandel Travels Limited has fallen by -99.00%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Coromandel Travels Limited has experienced an downturn of -70.08%.

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

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