Madras Cable Industries Private Limited

Manufactures conductors, wires, and cables for low and high tension applications.

1994 | Chennai, Tamil Nadu (India) | Active
Last Updated: December 13, 2024

Madras Cable Industries Profile

Key Indicators

  • Authorised Capital ₹ 4.00 M
  • Paid Up Capital ₹ 3.66 M
  • Company Age 30 Year, 10 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 11.38 Cr
  • Satisfied Charges ₹ 1.50 Cr
  • Revenue Growth -17.92%
  • Profit Growth 95.54%
  • Ebitda 39.56%
  • Net Worth 95.71%
  • Total Assets 20.09%

About Madras Cable Industries

Madras Cable Industries Private Limited (MCIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 29 March 1994 and has a history of 30 years and ten months. Its registered office is in Chennai, Tamil Nadu, India.

The Company is engaged in the Manufacturing 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 4.00 M and a paid-up capital of Rs 3.66 M.

The company currently has active open charges totaling ₹11.38 Cr. The company has closed loans amounting to ₹1.50 Cr, as per Ministry of Corporate Affairs (MCA) records.

Desraj Verma, Tara Verma, and Sonia Gulati 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

    U31300TN1994PTC027153

  • Company No.

    027153

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    29 Mar 1994

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Manufacturing

Who are the key members and board of directors at Madras Cable Industries?

Executive Team (1)

NameDesignationAppointment DateStatus
Desraj Verma Country flag representing In Managing Director29-Mar-1994Current

Board Members (2)

NameDesignationAppointment DateStatus
Tara Verma Country flag representing In Director 29-Mar-1994Current
Sonia Gulati Country flag representing In Director 19-Jul-2017Current

Financial Performance of Madras Cable Industries.

Madras Cable Industries Private Limited, for the financial year ended 2020, experienced significant reduction in revenue, with a 17.92% decrease. The company also saw a substantial improvement in profitability, with a 95.54% increase in profit. The company's net worth Soared by an impressive increase of 95.71%.

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
-17.92%
Revenue from Operations
-18.76%
Total Assets
20.09%
Profit or Loss
95.54%
Net Worth
95.71%
EBITDA
39.56%

What is the Ownership and Shareholding Structure of Madras Cable Industries?

In 2020, Madras Cable Industries had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹113.75 M

Satisfied Charges

₹15.00 M

Charges Breakdown by Lending Institutions

  • Canara Bank : 11.38 Cr

Latest Charge Details

DateLenderAmountStatus
26 May 1995Canara Bank₹10.85 CrOpen
26 May 1995Canara Bank₹5.25 MOpen
24 Aug 2017Others₹1.50 CrSatisfied

How Many Employees Work at Madras Cable Industries?

Unlock and access historical data on people associated with Madras Cable Industries, 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 Madras Cable Industries, 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 Madras Cable Industries'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 Madras Cable Industries

Recent activity within the organization

  • Annual General Meeting

    Madras Cable Industries Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Madras Cable Industries Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.

    31 Mar 2024

  • Charges

    A charge with Canara Bank of Rs. 108.50 M registered on 26 May 1995 with Charge ID 90288866 was modified on 17 Jun 2020.

    17 Jun 2020

  • Charges

    A charge registered on 24 Aug 2017 via Charge ID 100118807 with Others was fully satisfied on 25 Oct 2018.

    25 Oct 2018

  • Charges

    A charge with Others amounted to Rs. 15.00 M with Charge ID 100118807 was registered on 24 Aug 2017.

    24 Aug 2017

  • Director Appointment

    Sonia Gulati was appointed as a Director was appointed as a Director on 19 Jul 2017 & has been associated with this company since 7 years 7 months .

    19 Jul 2017

Frequently asked questions

  • Madras Cable Industries Private Limited was incorporated on 29 Mar 1994.

  • The authorized share capital of Madras Cable Industries Private Limited is ₹ 4.00 M and paid-up capital is ₹ 3.66 M.

  • Currently 3 directors are associated with Madras Cable Industries Private Limited.

    • Desraj Verma
    • Tara Rani Verma
    • Sonia Gulati
  • As per Ministry of Corporate Affairs (Mca), the registered address of Madras Cable Industries Private Limited is 118/14, General Patternsmount Road India, Madras 600 002, Tamil Nadu, 600002.

  • The corporate identification number (CIN) of Madras Cable Industries Private Limited is U31300TN1994PTC027153 and the company number is 027153 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2020, the revenue trend for Madras Cable Industries Private Limited has fallen by -17.92%.

  • The financial reports for the fiscal year 2020 indicates that The net worth of Madras Cable Industries Private Limited has experienced an upsurge of 95.71%.

  • As per the financial statements for fiscal Year 2020, The total open charges for Madras Cable Industries Private Limited amount to ₹ 11.38 Cr.

  • The most recent Balance Sheet for Madras Cable Industries Private Limited was filed with the ROC on 31 Mar 2024.