Madras Hardtools Private Limited

Manufactures and trades wire ropes and slings, authorized distributor for Usha Martin Ltd and Tuff Ropes Pvt Ltd.

1985 | Chennai, Tamil Nadu (India) | Active
Last Updated: June 18, 2024

Madras Hardtools Profile

Key Indicators

  • Authorised Capital ₹ 1.35 Cr
  • Paid Up Capital ₹ 1.33 Cr
  • Company Age 39 Year, 4 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 50.79 Cr
  • Satisfied Charges ₹ 72.84 Cr
  • Revenue Growth 9.96%
  • Profit Growth 46.23%
  • Ebitda 27.83%
  • Net Worth 26.08%
  • Total Assets 14.94%

About Madras Hardtools

Madras Hardtools Private Limited (MHPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 09 September 1985 and has a history of 39 years and four months. Its registered office is in Chennai, Tamil Nadu, India.

The Corporate was formerly known as Madras Hardtools 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 2023. It's a company limited by shares with an authorized capital of Rs 1.35 Cr and a paid-up capital of Rs 1.33 Cr.

The company currently has active open charges totaling ₹50.79 Cr. The company has closed loans amounting to ₹72.84 Cr, as per Ministry of Corporate Affairs (MCA) records.

Chinnaswamy Rajamanickam, Badruddin Akbar, and Huzefa Lehry 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

    U28930TN1985PTC012194

  • Company No.

    012194

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    09 Sep 1985

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Environment
Manufacturing

What products or services does Madras Hardtools Private Limited offer?

Madras Hardtools Private Limited offers a wide range of products and services, including Lifting Hooks, Chains & Clamps, Webbing and Lifting Slings, Lifting Accessories, Metal and Alloy Wires, Steel Wire, Rope, Wire Ropes, Engineering and Shipping Ropes, Cranes, Forklift & Lifting Machines, Crane Spare Parts.

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

Executive Team (1)

Name Designation Appointment Date Status
Badruddin Akbar Country flag representing In Managing Director 09-Sep-1985 Current

Board Members (2)

Name Designation Appointment Date Status
Huzefa Lehry Country flag representing In Director 01-Jan-2005 Current
Chinnaswamy Rajamanickam Country flag representing In Director 30-Sep-1999 Current

Financial Performance of Madras Hardtools.

Madras Hardtools Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 9.96% increase. The company also saw a substantial improvement in profitability, with a 46.23% increase in profit. The company's net worth Soared by an impressive increase of 26.08%.

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
9.96%
Revenue from Operations
9.71%
Total Assets
14.94%
Profit or Loss
46.23%
Net Worth
26.08%
EBITDA
27.83%

What is the Ownership and Shareholding Structure of Madras Hardtools?

In 2023, Madras Hardtools 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

₹50.79 Cr

Satisfied Charges

₹72.84 Cr

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 50.35 Cr
  • The Hong Kong And Shanghai Banking Corp. Limited : 0.44 Cr

Latest Charge Details

Date Lender Amount Status
28 Jun 2021 Axis Bank Limited ₹0.10 M Open
28 Jun 2021 Axis Bank Limited ₹0.10 M Open
30 Oct 2017 Axis Bank Limited ₹50.33 Cr Open
16 Feb 1994 The Hong Kong And Shanghai Banking Corp. Limited ₹4.35 M Open
29 Sep 2020 Axis Bank Limited ₹5.50 Cr Satisfied

How Many Employees Work at Madras Hardtools?

Madras Hardtools has a workforce of 19 employees as of Apr 02, 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 Madras Hardtools, 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 Hardtools'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 Hardtools

Recent activity within the organization

  • Charges

    A charge with Axis Bank Limited of Rs. 50.33 Cr registered on 30 Oct 2017 with Charge ID 100154196 was modified on 16 Oct 2023.

    16 Oct 2023

  • Annual General Meeting

    Madras Hardtools Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Madras Hardtools Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chennai.

    31 Mar 2023

  • Charges

    A charge registered on 29 Sep 2020 via Charge ID 100421247 with Axis Bank Limited was fully satisfied on 06 Apr 2022.

    06 Apr 2022

  • Charges

    A charge registered on 20 Mar 2020 via Charge ID 100334982 with Axis Bank Limited was fully satisfied on 06 Apr 2022.

    06 Apr 2022

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 0.01 Cr with Charge ID 100466938 was registered on 28 Jun 2021.

    28 Jun 2021

Frequently asked questions

  • Madras Hardtools Private Limited was incorporated on 09 Sep 1985.

  • The authorized share capital of Madras Hardtools Private Limited is ₹ 1.35 Cr and paid-up capital is ₹ 1.33 Cr.

  • Currently 3 directors are associated with Madras Hardtools Private Limited.

    • Chinnaswamy Rajamanickam
    • Badruddin Ali Akbar
    • Huzefa Ali Akbar Lehry
  • As per Ministry of Corporate Affairs (Mca), the registered address of Madras Hardtools Private Limited is No.1 Perianna Maistry Street, Chennai, Tamil Nadu, India, 600001.

  • The corporate identification number (CIN) of Madras Hardtools Private Limited is U28930TN1985PTC012194 and the company number is 012194 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Madras Hardtools Private Limited is https://www.madrashardtools.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Madras Hardtools Private Limited has risen by 9.96%.

  • As Per 2023 financial reports, 19 employees are currently employed by Madras Hardtools Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Madras Hardtools Private Limited has experienced an upsurge of 26.08%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Madras Hardtools Private Limited amount to ₹ 50.79 Cr.

  • The most recent Balance Sheet for Madras Hardtools Private Limited was filed with the ROC on 31 Mar 2023.

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