Machine Tools India Ltd

Imports and commissions heavy machinery for various industries, including metal cutting and welding.

1928 | Kolkata, West Bengal (India) | Active
Last Updated: November 16, 2024

Machine Tools India Profile

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 5.69 M
  • Company Age 96 Year, 6 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 34.09 Cr
  • Satisfied Charges ₹ 10.06 Cr
  • Revenue Growth 46.71%
  • Profit Growth 48.55%
  • Ebitda 17.86%
  • Net Worth 9.39%
  • Total Assets 3.96%

About Machine Tools India

Machine Tools India Ltd (MTIL) was founded in India on 07 August 1928 and has a glorious history of 96 years and six months. Its registered office is in Kolkata, West Bengal, India.

The Company is engaged in the Machinery And Equipment 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 1.00 Cr and a paid-up capital of Rs 5.69 M.

The company currently has active open charges totaling ₹34.09 Cr. The company has closed loans amounting to ₹10.06 Cr, as per Ministry of Corporate Affairs (MCA) records.

Satyendra Singhal, Ashok Gupta, Rajnita Gupta, and Two other members serve as directors at the Company.

Company Details

  • Location

    Kolkata, West Bengal, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    mactool.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U29199WB1928PLC006041

  • Company No.

    006041

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    07 Aug 1928

  • Date of AGM

    25 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Kolkata

Industry

Machinery and Equipment

What products or services does Machine Tools India Ltd offer?

Machine Tools India Ltd offers a wide range of products and services, including Milling Machines, Metal Milling Machine, Vertical Milling Center Machine, Machining Center, Horizontal Machining Centers, Cutting Machines & Equipment, Laser Cutting Machines, CNC Machines & Lathe Machine, Metal Forming Machine, CNC Machines.

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

Executive Team (1)

NameDesignationAppointment DateStatus
Ashok Gupta Country flag representing In Managing Director22-Aug-2006Current

Board Members (4)

NameDesignationAppointment DateStatus
Satyendra Singhal Country flag representing In Director 04-Dec-2013Current
Rajnita Gupta Country flag representing In Whole-Time Director 04-Dec-2013Current
Joseph Francis Country flag representing In Director 01-Jun-2022Current
Abhishek Gupta Country flag representing In Director 04-May-2007Current

Financial Performance of Machine Tools India.

Machine Tools India Ltd, for the financial year ended 2023, experienced significant growth in revenue, with a 46.71% increase. The company also saw a substantial improvement in profitability, with a 48.55% increase in profit. The company's net worth moved up by a moderate rise of 9.39%.

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
46.71%
Revenue from Operations
47.55%
Total Assets
3.96%
Profit or Loss
48.55%
Net Worth
9.39%
EBITDA
17.86%

What is the Ownership and Shareholding Structure of Machine Tools India?

In 2023, Machine Tools India had a promoter holding of 90.10% and a public holding of 9.90%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹34.09 Cr

Satisfied Charges

₹10.06 Cr

Charges Breakdown by Lending Institutions

  • Others : 21.57 Cr
  • State Bank Of India : 6.66 Cr
  • Punjab National Bank : 5.85 Cr

Latest Charge Details

DateLenderAmountStatus
23 Jul 2024Others₹0.53 MOpen
29 May 2024Others₹6.30 MOpen
01 Apr 2024State Bank Of India₹6.66 CrOpen
19 Aug 2023Others₹1.20 MOpen
12 Jul 2023Others₹0.45 MOpen

How Many Employees Work at Machine Tools India?

Machine Tools India has a workforce of 139 employees as of Apr 06, 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 Machine Tools 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 Machine Tools 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 Machine Tools India

Recent activity within the organization

  • Charges

    A charge registered on 29 Jun 2010 via Charge ID 10235288 with Punjab National Bank was fully satisfied on 26 Sep 2024.

    26 Sep 2024

  • Annual General Meeting

    Machine Tools India Ltd last Annual general meeting of members was held on 25 Sep 2024 as per latest MCA records.

    25 Sep 2024

  • Charges

    A charge registered on 11 Jun 2014 via Charge ID 10508543 with Icici Bank Limited was fully satisfied on 26 Aug 2024.

    26 Aug 2024

  • Charges

    A charge registered on 03 Jul 2019 via Charge ID 100283061 with Others was fully satisfied on 07 Aug 2024.

    07 Aug 2024

  • Charges

    A charge registered on 30 Jun 2017 via Charge ID 100152647 with Others was fully satisfied on 07 Aug 2024.

    07 Aug 2024

  • Charges

    A charge with Others amounted to Rs. 0.05 Cr with Charge ID 100959277 was registered on 23 Jul 2024.

    23 Jul 2024

Frequently asked questions

  • Machine Tools India Ltd was incorporated on 07 Aug 1928.

  • The authorized share capital of Machine Tools India Ltd is ₹ 1.00 Cr and paid-up capital is ₹ 5.69 M.

  • Currently 5 directors are associated with Machine Tools India Ltd.

    • Satyendra Kumar Singhal
    • Ashok Rajendra Prasad Gupta
    • Rajnita Abhishek Gupta
    • Joseph Francis
    • Abhishek Ashok Gupta
  • As per Ministry of Corporate Affairs (Mca), the registered address of Machine Tools India Ltd is 56A Mirza Galib St India, Kolkata, West Bengal, 700016.

  • The corporate identification number (CIN) of Machine Tools India Ltd is U29199WB1928PLC006041 and the company number is 006041 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Machine Tools India Ltd is https://www.mactool.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Machine Tools India Ltd has risen by 46.71%.

  • As Per 2023 financial reports, 139 employees are currently employed by Machine Tools India Ltd.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Machine Tools India Ltd has experienced an upsurge of 9.39%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Machine Tools India Ltd amount to ₹ 34.09 Cr.

  • The most recent Balance Sheet for Machine Tools India Ltd was filed with the ROC on 31 Mar 2024.

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