Madurai-Tuticorin Expressways Limited

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

2006 | Hyderabad, Telangana (India) | Active
Last Updated: June 21, 2024

Madurai-Tuticorin Expressways Profile

Key Indicators

  • Authorised Capital ₹ 175.00 Cr
  • Paid Up Capital ₹ 163.65 Cr
  • Company Age 18 Year, 9 Months
  • Last Filing with ROC 31 Mar 2023
  • 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 nine 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 2023. 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, Ravi Kamma, and Goda Ganesh 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

    22 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Hyderabad

Industry

Infrastructure and Utilities

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
Ravi Kamma Country flag representing In Director 13-Feb-2015Current
Goda Ganesh Country flag representing In Additional Director 01-Oct-2022Current

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%.

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
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.

Graph showing employee growth trends

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 22 Sep 2023 as per latest MCA records.

    22 Sep 2023

  • Balance Sheet

    Madurai-Tuticorin Expressways Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Hyderabad.

    31 Mar 2023

  • 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 4 months .

    01 Oct 2022

  • 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 4 months .

    01 Oct 2022

  • 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.

    10 Mar 2021

  • Director Appointment

    Ravi Kamma was appointed as a Director was appointed as a Director on 13 Feb 2015 & has been associated with this company since 10 years 10 days .

    13 Feb 2015

Frequently asked questions

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

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

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

    • Srinivasa Rao Kamma
    • Ravi Kamma
    • Goda Ganesh
  • 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.

  • 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).

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

  • 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%.

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

  • The most recent Balance Sheet for Madurai-Tuticorin Expressways Limited was filed with the ROC on 31 Mar 2023.

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