Medha Traction Equipment Profile
Key Indicators
- Authorised Capital ₹ 22.00 Cr
- Paid Up Capital ₹ 21.13 Cr
- Company Age 16 Year, 6 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 130.00 Cr
- Satisfied Charges ₹ 16.50 Cr
- Revenue Growth 51.10%
- Profit Growth 11.64%
- Ebitda 17.03%
- Net Worth 11.23%
- Total Assets 51.05%
About Medha Traction Equipment
Medha Traction Equipment Private Limited (MTEPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 23 August 2008 and has a history of 16 years and six months. Its registered office is in Chowdaryguda Village, Telangana, India.
The Company is engaged in the Transport And Logistics 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 22.00 Cr and a paid-up capital of Rs 21.13 Cr.
The company currently has active open charges totaling ₹130.00 Cr. The company has closed loans amounting to ₹16.50 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Medha Traction Equipment Private Limited India is Mallekedi Naveen as COMPANY SECRETARY. Srinivas Nookala, Robert Tencl, Mummidi Kumar, and One other member serve as directors at the Company.
Company Details
- Location
Chowdaryguda Village, Telangana, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media -
Corporate Identity Details
- CIN/LLPIN
U74900TG2008PTC060706
- Company No.
060706
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
23 Aug 2008
- Date of AGM
22 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Hyderabad
Industry
What products or services does Medha Traction Equipment Private Limited offer?
Medha Traction Equipment Private Limited offers a wide range of products and services, including Inverters, Power Inverter, Power Converter, Auxiliary Power Converter, Door Lock, Electronic Lock & Latches, Door Lock, Customer Care BPO Services, Electric Motors and Components, AC Motor, DC To DC Converters.
Who are the key members and board of directors at Medha Traction Equipment?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Srinivas Nookala  | Managing Director | 23-Aug-2008 | Current |
| Mallekedi Naveen | Company Secretary | 01-Mar-2022 | Current |
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Robert Tencl  | Director | 12-Jan-2012 | Current |
| Mummidi Kumar | Nominee Director | 08-Oct-2014 | Current |
| Harold Schmidt | Nominee Director | 23-Jul-2018 | Current |
Financial Performance of Medha Traction Equipment.
Medha Traction Equipment Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 51.1% increase. The company also saw a substantial improvement in profitability, with a 11.64% increase in profit. The company's net worth Soared by an impressive increase of 11.23%.
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What is the Ownership and Shareholding Structure of Medha Traction Equipment?
In 2023, Medha Traction Equipment had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Medha Rubicon Water Technologies Private LimitedSrinivas Nookala is a mutual person
Medha Railway Equipments Private LimitedSrinivas Nookala is a mutual person
Medha Rail Private LimitedSrinivas Nookala is a mutual person
- Medha Servo Drives Pvt Ltd
Srinivas Nookala is a mutual person
- Medha Smh Rail Private Limited
Srinivas Nookala is a mutual person
- Medha Locomotives Private Limited
Srinivas Nookala is a mutual person
Charges (Loans)
₹130.00 Cr
₹16.50 Cr
Charges Breakdown by Lending Institutions
- Citi Bank N.A. : 110.00 Cr
- Axis Bank Limited : 20.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 24 Feb 2022 | Axis Bank Limited | ₹20.00 Cr | Open |
| 08 Aug 2013 | Citi Bank N.A. | ₹110.00 Cr | Open |
| 08 Apr 2013 | Citibank N. A. | ₹16.50 Cr | Satisfied |
How Many Employees Work at Medha Traction Equipment?
Medha Traction Equipment has a workforce of 251 employees as of Mar 31, 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 Medha Traction Equipment, 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 Medha Traction Equipment'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.
