Elgi Rubber Company Profile
Key Indicators
- Authorised Capital ₹ 38.03 Cr
- Paid Up Capital ₹ 5.01 Cr
- Company Age 18 Year, 4 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 364.97 Cr
- Satisfied Charges ₹ 492.54 Cr
- Revenue Growth 14.23%
- Profit Growth 77.94%
- Ebitda 167.75%
- Net Worth 5.00%
- Total Assets 8.86%
About Elgi Rubber Company
Elgi Rubber Company Limited (ERCL) is a leading Public Limited Indian Non-Government Company incorporated in India on 16 October 2006 and has a history of 18 years and four months. Its registered office is in Coimbatore, Tamil Nadu, India.
The Corporate was formerly known as Elgi Aviation Tyres Limited. The Company is engaged in the Environment 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 38.03 Cr and a paid-up capital of Rs 5.01 Cr.
The company currently has active open charges totaling ₹364.97 Cr. The company has closed loans amounting to ₹492.54 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Elgi Rubber Company Limited India are Samy Venkatachalam as Cfo, Faizur Allaudeen as Company Secretary, and Venkatachalam Ramasamy as Cfo. Muthuswamy Selvaraj, Panchapakesan Raghunath, Jairam Varadaraj, and Five other members serve as directors at the Company.
Company Details
- Location
Coimbatore, Tamil Nadu, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
L25119TZ2006PLC013144
- Company No.
013144
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
16 Oct 2006
- Date of AGM
14 Aug 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Listed
- ROC Code
Roc Coimbatore
Industry
What products or services does Elgi Rubber Company Limited offer?
Elgi Rubber Company Limited offers a wide range of products and services, including Rubber Processing, Tyre Machinery, Tyre Retreading Machine, Automotive Repair Tools & Equipments, Tyre Repair Tools, Industrial Furnaces & Ovens, Curing Oven, Tyre Spreader, Tyre Buffing Machine, Adhesive Chemical, Chemical Vulcanizing Fluid.
Who are the key members and board of directors at Elgi Rubber Company?
Executive Team (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Sudarsan Varadaraj  | Managing Director | 16-Oct-2006 | Current |
| Samy Venkatachalam | CFO | 19-May-2014 | Current |
| Faizur Allaudeen | Company Secretary | 10-Aug-2023 | Current |
| Venkatachalam Ramasamy | CFO | 19-May-2014 | Current |
Board Members (7)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Jairam Varadaraj | Director | 06-Jan-2011 | Current |
| Muthuswamy Selvaraj | Director | 06-Jan-2011 | Current |
| Panchapakesan Raghunath | Director | 06-Jan-2011 | Current |
| Vidyasankar Bhuvaneshwari | Director | 31-Jul-2014 | Current |
| Harsha Varadaraj | Whole-Time Director | 06-Nov-2020 | Current |
| Sarathraj Selvakumar | Director | 12-Sep-2024 | Current |
Financial Performance of Elgi Rubber Company.
Elgi Rubber Company Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 14.23% increase. The company also saw a substantial improvement in profitability, with a 77.94% increase in profit. The company's net worth moved up by a moderate rise of 5%.
- Key Matrics
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What is the Ownership and Shareholding Structure of Elgi Rubber Company?
In 2023, Elgi Rubber Company had a promoter holding of 65.03% and a public holding of 34.96%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
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Festo India Private LimitedSudarsan Varadaraj is a mutual person
Elgi Sauer Compressors LimitedJairam Varadaraj is a mutual person
Ats Elgi LimitedJairam Varadaraj is a mutual person
Charges (Loans)
₹364.97 Cr
₹492.54 Cr
Charges Breakdown by Lending Institutions
- Hdfc Bank Limited : 129.28 Cr
- Others : 124.50 Cr
- Tata Capital Financial Services Limited : 58.88 Cr
- Axis Bank Limited : 52.32 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 25 Jun 2024 | Axis Bank Limited | ₹1.87 Cr | Open |
| 22 Mar 2024 | Others | ₹2.00 M | Open |
| 15 Mar 2024 | Others | ₹9.80 Cr | Open |
| 11 Mar 2024 | Others | ₹3.00 Cr | Open |
| 04 Mar 2024 | Hdfc Bank Limited | ₹1.50 M | Open |
How Many Employees Work at Elgi Rubber Company?
Elgi Rubber Company has a workforce of 236 employees as of Apr 07, 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 Elgi Rubber 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 Elgi Rubber 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.
