Mangalore Tiles Limited

Manufacturer of clay roofing tiles, terracotta products, and concrete designer tiles with state-of-the-art plants and regional presence.

1947 | Udupi, Karnataka (India) | Active
Last Updated:

Mangalore Tiles Profile

Key Indicators

  • Authorised Capital ₹ 1.20 M
  • Paid Up Capital ₹ 0.77 M
  • Company Age 78 Year, 1 Month
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 7.43 Cr
  • Satisfied Charges ₹ 7.29 Cr
  • Revenue Growth 37.95%
  • Profit Growth 3.98%
  • Ebitda -5.52%
  • Net Worth 14.82%
  • Total Assets 7.06%

About Mangalore Tiles

Mangalore Tiles Limited (MTL) was founded in India on 17 January 1947 and has a glorious history of 78 years and one month. Its registered office is in Udupi, Karnataka, 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 1.20 M and a paid-up capital of Rs 0.77 M.

The company currently has active open charges totaling ₹7.43 Cr. The company has closed loans amounting to ₹7.29 Cr, as per Ministry of Corporate Affairs (MCA) records.

Kundapura Nackathaya, Sujatha Nackathaya, and Kundapura Nackathaya serve as directors at the Company.

Company Details

  • Location

    Udupi, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    mangaloretiles.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U70100KA1947PLC001168

  • Company No.

    001168

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    17 Jan 1947

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Manufacturing

What products or services does Mangalore Tiles Limited offer?

Mangalore Tiles Limited offers a wide range of products and services, including Roofing and False ceiling, Roof Tiles, Cobbles, Pebbles & Pavings, Paver, Vitrified,Ceramic Floor & Wall Tiles, Designer Tiles, Paver Blocks, False Ceiling, Outdoor Tiles.

Who are the key members and board of directors at Mangalore Tiles?

Executive Team (1)

NameDesignationAppointment DateStatus
Kundapura Nackathaya Country flag representing In Managing Director01-Aug-2015Current

Board Members (2)

NameDesignationAppointment DateStatus
Kundapura Nackathaya Country flag representing In Whole-Time Director 01-Aug-2009Current
Sujatha Nackathaya Country flag representing In Director 26-Jan-2006Current

Financial Performance of Mangalore Tiles.

Mangalore Tiles Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 37.95% increase. The company also saw a slight improvement in profitability, with a 3.98% increase in profit. The company's net worth Soared by an impressive increase of 14.82%.

Mangalore Tiles revenue growth over time
Mangalore Tiles 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
37.95%
Revenue from Operations
38.02%
Total Assets
7.06%
Profit or Loss
3.98%
Net Worth
14.82%
EBITDA
-5.52%

What is the Ownership and Shareholding Structure of Mangalore Tiles?

In 2023, Mangalore Tiles had a promoter holding of 53.53% and a public holding of 46.47%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹74.30 M

Satisfied Charges

₹72.86 M

Charges Breakdown by Lending Institutions

  • Karnataka Bank Ltd. : 4.80 Cr
  • Others : 2.63 Cr

Latest Charge Details

DateLenderAmountStatus
18 Oct 2024Karnataka Bank Ltd.₹3.00 MOpen
19 Mar 2022Others₹6.30 MOpen
14 Sep 2018Karnataka Bank Ltd.₹4.50 CrOpen
03 Oct 2011Others₹2.00 CrOpen
01 Jul 2020Others₹1.25 CrSatisfied

How Many Employees Work at Mangalore Tiles?

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

Employee growth trends for Mangalore Tiles Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Mangalore Tiles, 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 Mangalore Tiles'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 Mangalore Tiles

Recent activity within the organization

  • Charges

    A charge with Karnataka Bank Ltd. amounted to Rs. 3.00 M with Charge ID 101000816 was registered on 18 Oct 2024.

  • Annual General Meeting

    Mangalore Tiles Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Charges

    A charge registered on 01 Jul 2020 via Charge ID 100357469 with Others was fully satisfied on 12 Jun 2024.

  • Balance Sheet

    Mangalore Tiles Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.

  • Charges

    A charge with Karnataka Bank Ltd. of Rs. 45.00 M registered on 14 Sep 2018 with Charge ID 100209822 was modified on 18 Mar 2024.

  • Charges

    A charge with Others amounted to Rs. 6.30 M with Charge ID 100553643 was registered on 19 Mar 2022.

Frequently asked questions

  • What is the Incorporation or founding date of Mangalore Tiles Limited?

    Mangalore Tiles Limited was incorporated on 17 Jan 1947.

  • What is authorized share capital and paid-up capital of Mangalore Tiles Limited?

    The authorized share capital of Mangalore Tiles Limited is ₹ 1.20 M and paid-up capital is ₹ 0.77 M.

  • Who are the current board members & directors of Mangalore Tiles Limited?

    Currently 3 directors are associated with Mangalore Tiles Limited.

    • Kundapura Sachin Nackathaya
    • Sujatha Seetharama Nackathaya
    • Kundapura Seetharama Nackathaya
  • What is the registered address of Mangalore Tiles Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Mangalore Tiles Limited is Kundapura West, India, Udupi, Karnataka, 576201.

  • What is the corporate identification number (CIN) and company number of Mangalore Tiles Limited?

    The corporate identification number (CIN) of Mangalore Tiles Limited is U70100KA1947PLC001168 and the company number is 001168 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Mangalore Tiles Limited?

    The Official website of Mangalore Tiles Limited is https://www.mangaloretiles.com

  • What has been the recent revenue trend for Mangalore Tiles Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Mangalore Tiles Limited has risen by 37.95%.

  • What change has been observed in the net worth of Mangalore Tiles Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Mangalore Tiles Limited has experienced an upsurge of 14.82%.

  • What are the total open charges for Mangalore Tiles Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Mangalore Tiles Limited amount to ₹ 7.43 Cr.

  • When was the last Balance Sheet of Mangalore Tiles Limited filed with the ROC?

    The most recent Balance Sheet for Mangalore Tiles Limited was filed with the ROC on 31 Mar 2024.

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