Madurai-Tuticorin Expressways Limited

Improves and widens highway connecting Madurai and Tuticorin in Tamil Nadu.

2006 | Hyderabad, Telangana (India) | Active
Last Updated:

Madurai-Tuticorin Expressways Profile

Key Indicators

  • Authorised Capital ₹ 175.00 Cr
  • Paid Up Capital ₹ 163.65 Cr
  • Company Age 18 Year, 11 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 588.09 Cr
  • Revenue Growth 304.87%
  • Profit Growth -129.73%
  • Ebitda 134.31%
  • Net Worth -83.77%
  • Total Assets -91.85%

About Madurai-Tuticorin Expressways

Madurai-Tuticorin Expressways Limited (MEL) is a leading Public Limited Indian Non-Government Company incorporated in India on 11 May 2006 and has a history of 18 years and 11 months. Its registered office is in Hyderabad, Telangana, India.

The Company is engaged in the Infrastructure And Utilities 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 175.00 Cr and a paid-up capital of Rs 163.65 Cr.

The company currently has active open charges totaling ₹588.09 Cr.

Srinivasa Kamma, Goda Ganesh, and Venkateswarlu Kothapalli serve as directors at the Company.

Company Details

  • Location

    Hyderabad, Telangana, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U45203TG2006PLC050114

  • Company No.

    050114

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    11 May 2006

  • Date of AGM

    23 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Hyderabad

Industry

Infrastructure and Utilities
Company report

Madurai-Tuticorin Expressways Limited

Explore comprehensive data for Madurai-Tuticorin Expressways Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Madurai-Tuticorin Expressways?

Board Members (3)

NameDesignationAppointment DateStatus
Srinivasa Kamma Country flag representing In Additional Director 01-Oct-2022Current
Goda Ganesh Country flag representing In Additional Director 01-Oct-2022Current
Venkateswarlu Kothapalli Country flag representing In Additional Director 10-Nov-2023Current

Financial Performance of Madurai-Tuticorin Expressways.

Madurai-Tuticorin Expressways Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 304.87% increase. The company also saw a substantial fall in profitability, with a 129.73% decrease in profit. The company's net worth observed a substantial decline by a decrease of 83.77%.

Madurai-Tuticorin Expressways revenue growth over time
Madurai-Tuticorin Expressways 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
304.87%
Revenue from Operations
11.72%
Total Assets
-91.85%
Profit or Loss
-129.73%
Net Worth
-83.77%
EBITDA
134.31%

What is the Ownership and Shareholding Structure of Madurai-Tuticorin Expressways?

In 2023, Madurai-Tuticorin Expressways had a promoter holding of 87.78% and a public holding of 12.22%. The company had 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹588.09 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Idbi Trusteeship Services Limited : 588.09 Cr

Latest Charge Details

DateLenderAmountStatus
17 Jan 2007Idbi Trusteeship Services Limited₹588.09 CrOpen

How Many Employees Work at Madurai-Tuticorin Expressways?

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

Employee growth trends for Madurai-Tuticorin Expressways Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Madurai-Tuticorin Expressways, 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 Madurai-Tuticorin Expressways'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 Madurai-Tuticorin Expressways

Recent activity within the organization

  • Annual General Meeting

    Madurai-Tuticorin Expressways Limited last Annual general meeting of members was held on 23 Sep 2024 as per latest MCA records.

  • Balance Sheet

    Madurai-Tuticorin Expressways Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Hyderabad.

  • Director Appointment

    Venkateswarlu Kothapalli was appointed as a Additional Director was appointed as a Additional Director on 10 Nov 2023 & has been associated with this company since 1 year 5 months .

  • Director Appointment

    Srinivasa Rao Kamma was appointed as a Additional Director was appointed as a Additional Director on 01 Oct 2022 & has been associated with this company since 2 years 6 months .

  • Director Appointment

    Goda Ganesh was appointed as a Additional Director was appointed as a Additional Director on 01 Oct 2022 & has been associated with this company since 2 years 6 months .

  • Charges

    A charge with Idbi Trusteeship Services Limited of Rs. 588.09 Cr registered on 17 Jan 2007 with Charge ID 10038681 was modified on 10 Mar 2021.

Frequently asked questions

  • What is the Incorporation or founding date of Madurai-Tuticorin Expressways Limited?

    Madurai-Tuticorin Expressways Limited was incorporated on 11 May 2006.

  • What is authorized share capital and paid-up capital of Madurai-Tuticorin Expressways Limited?

    The authorized share capital of Madurai-Tuticorin Expressways Limited is ₹ 175.00 Cr and paid-up capital is ₹ 163.65 Cr.

  • Who are the current board members & directors of Madurai-Tuticorin Expressways Limited?

    Currently 3 directors are associated with Madurai-Tuticorin Expressways Limited.

    • Srinivasa Rao Kamma
    • Goda Ganesh
    • Venkateswarlu Kothapalli
  • What is the registered address of Madurai-Tuticorin Expressways Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Madurai-Tuticorin Expressways Limited is Madhuconhouse 8-2-272/82/A/1129/A, Roadno36Jubileehills India, Hyderabad, Telangana, 500033.

  • What is the corporate identification number (CIN) and company number of Madurai-Tuticorin Expressways Limited?

    The corporate identification number (CIN) of Madurai-Tuticorin Expressways Limited is U45203TG2006PLC050114 and the company number is 050114 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Madurai-Tuticorin Expressways Limited?

    The Official website of Madurai-Tuticorin Expressways Limited is https://www.madhucon.com

  • What has been the recent revenue trend for Madurai-Tuticorin Expressways Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Madurai-Tuticorin Expressways Limited has risen by 304.87%.

  • What change has been observed in the net worth of Madurai-Tuticorin Expressways Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Madurai-Tuticorin Expressways Limited has experienced an downturn of -83.77%.

  • What are the total open charges for Madurai-Tuticorin Expressways Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Madurai-Tuticorin Expressways Limited amount to ₹ 588.09 Cr.

  • When was the last Balance Sheet of Madurai-Tuticorin Expressways Limited filed with the ROC?

    The most recent Balance Sheet for Madurai-Tuticorin Expressways Limited was filed with the ROC on 31 Mar 2024.

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