Manali Petrochemicals Profile
Key Indicators
- Authorised Capital ₹ 120.00 Cr
- Paid Up Capital ₹ 86.03 Cr
- Company Age 38 Year, 8 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 50.00 Cr
- Satisfied Charges ₹ 108.12 Cr
- Revenue Growth -27.69%
- Profit Growth -86.51%
- Ebitda -85.73%
- Net Worth 0.93%
- Total Assets -2.39%
About Manali Petrochemicals
Manali Petrochemicals Limited (MPL) is a leading Public Limited Indian Non-Government Company incorporated in India on 11 June 1986 and has a history of 38 years and eight months. Its registered office is in Chennai, Tamil Nadu, India.
It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 500268 and on the National Stock Exchange(NSE) under MANALIPETC.
The Corporate was formerly known as Manali Petro Chemical Limited. The Company is engaged in the Chemicals And Materials 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 120.00 Cr and a paid-up capital of Rs 86.03 Cr.
The company currently has active open charges totaling ₹50.00 Cr. The company has closed loans amounting to ₹108.12 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Manali Petrochemicals Limited India are R Swaminathan as COMPANY SECRETARY and Kannan Lalitha as Cfo. Sundaradevan Nanjiah, Ashwin Chidambaram, Thanjavur Arun, and Seven other members 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
L24294TN1986PLC013087
- Company No.
013087
- Stock Symbol
BSE : 500268 NSE : MANALIPETC
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
11 Jun 1986
- Date of AGM
18 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Listed
- ROC Code
Roc Chennai
Industry
What products or services does Manali Petrochemicals Limited offer?
Manali Petrochemicals Limited offers a wide range of products and services, including Home Appliances & Kitchen Appliances, Home Appliances, Bedroom Furniture & Bedroom Sets, Bedroom Set, Organic and Inorganic Solvents, Alcohol Solvents, Flavours & Aromatics, Natural Sweetener, Building & Real Estate Developers, Residential Construction Projects.
Who are the key members and board of directors at Manali Petrochemicals?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Chandrasekar  | Managing Director | 03-Nov-2022 | Current |
| R Swaminathan | Company Secretary | 03-Nov-2022 | Current |
| Kannan Lalitha | CFO | 11-Jun-2024 | Current |
Board Members (9)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Sundaradevan Nanjiah | Director | 12-Jun-2019 | Current |
Ashwin Chidambaram  | Director | 27-Apr-2007 | Current |
| Thanjavur Arun | Director | 07-Oct-2009 | Current |
| Ramadoss Bhuvaneswari | Director | 24-May-2022 | Current |
| Latha Ramanathan | Director | 04-Sep-2024 | Current |
| Govindarajan Sharma | Director | 05-Feb-2018 | Current |
Financial Performance of Manali Petrochemicals.
Manali Petrochemicals Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 27.69% decrease. The company also saw a substantial fall in profitability, with a 86.51% decrease in profit. The company's net worth moved up by a moderate rise of 0.93%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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What is the Ownership and Shareholding Structure of Manali Petrochemicals?
In 2022, Manali Petrochemicals had a promoter holding of 44.87% and a public holding of 55.13%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Mitsuba India Private LimitedAshwin Chidambaram is a mutual person
Jansons Industries LimitedSundaradevan Nanjiah is a mutual person
Medihub Sciencetec Private LimitedChandrasekar is a mutual person
Dr. Agarwal's Eye Hospital LimitedLatha Ramanathan is a mutual person
Charges (Loans)
₹50.00 Cr
₹108.12 Cr
Charges Breakdown by Lending Institutions
- Idbi Bank Limited : 25.00 Cr
- Hdfc Bank Limited : 25.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 28 Jul 2021 | Hdfc Bank Limited | ₹25.00 Cr | Open |
| 22 Feb 2018 | Idbi Bank Limited | ₹25.00 Cr | Open |
| 29 Oct 2013 | State Bank Of Mauritius Ltd. | ₹7.50 Cr | Satisfied |
| 30 Dec 1996 | Department Of Commercial Taxes | ₹66.39 Cr | Satisfied |
| 28 Mar 1992 | State Bank Of India | ₹25.40 Cr | Satisfied |
How Many Employees Work at Manali Petrochemicals?
Manali Petrochemicals has a workforce of 381 employees as of Apr 03, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Manali Petrochemicals, 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 Manali Petrochemicals's trajectory.
Rating
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
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.
