Metro Tyres Limited

Manufacturer of tires and tubes for bicycles, rickshaws, two-wheelers, and three-wheelers, including high-value products.

1974 | Delhi (India) | Active
Last Updated:

Metro Tyres Profile

Key Indicators

  • Authorised Capital ₹ 18.50 Cr
  • Paid Up Capital ₹ 13.95 Cr
  • Company Age 51 Year, 2 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 160.00 Cr
  • Satisfied Charges ₹ 457.46 Cr
  • Revenue Growth -4.67%
  • Profit Growth -27.72%
  • Ebitda -15.46%
  • Net Worth 5.85%
  • Total Assets -7.58%

About Metro Tyres

Metro Tyres Limited (MTL) was founded in India on 18 January 1974 and has a glorious history of 51 years and two months. Its registered office is in Delhi, India.

The Company is engaged in the Automotive 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 18.50 Cr and a paid-up capital of Rs 13.95 Cr.

The company currently has active open charges totaling ₹160.00 Cr. The company has closed loans amounting to ₹457.46 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Metro Tyres Limited India are Sandeep Kohli as CFO and Anurag Dwivedi as Company Secretary. Rummy Chhabra, Harshita Chhabra, Mukesh Arora, and Four other members serve as directors at the Company.

Company Details

  • Location

    Delhi, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U25112DL1974PLC246378

  • Company No.

    246378

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    18 Jan 1974

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Automotive

What products or services does Metro Tyres Limited offer?

Metro Tyres Limited offers a wide range of products and services, including Tyre, Tube & Flaps, Tyre Tube, Motorcycle Tyres, Bicycle Spare Parts, Bicycle Tyres, Two Wheeler Tyres, Metro Motorcycle Tyres, Commercial Vehicle Tyres, Three Wheeler Tyres.

Who are the key members and board of directors at Metro Tyres?

Executive Team (3)

NameDesignationAppointment DateStatus
Rummy Chhabra Country flag representing In Managing Director01-Jan-2011Current
Sandeep Kohli CFO23-Mar-2023Current
Anurag Dwivedi Country flag representing In Company Secretary22-Jun-2010Current

Board Members (6)

NameDesignationAppointment DateStatus
Sumrit Chhabra Country flag representing In Whole-Time Director 01-Jun-2012Current
Harshita Chhabra Country flag representing In Director 19-May-2022Current
Mukesh Arora Country flag representing In Director 29-Jan-2005Current
Taruna Seth Country flag representing In Whole-Time Director 09-Feb-2015Current
Umesh Khaitan Country flag representing In Director 16-Aug-2022Current
Jagdeep Sablok Country flag representing In Whole-Time Director 01-Dec-2022Current

Financial Performance of Metro Tyres.

Metro Tyres Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 4.67% decrease. The company also saw a substantial fall in profitability, with a 27.72% decrease in profit. The company's net worth moved up by a moderate rise of 5.85%.

Metro Tyres revenue growth over time
Metro Tyres 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
-4.67%
Revenue from Operations
-4.75%
Total Assets
-7.58%
Profit or Loss
-27.72%
Net Worth
5.85%
EBITDA
-15.46%

What is the Ownership and Shareholding Structure of Metro Tyres?

In 2022, Metro Tyres had a promoter holding of 69.61% and a public holding of 30.39%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹160.00 Cr

Satisfied Charges

₹457.46 Cr

Charges Breakdown by Lending Institutions

  • Others : 160.00 Cr

Latest Charge Details

DateLenderAmountStatus
27 Apr 2017Others₹160.00 CrOpen
17 Dec 2018Others₹10.00 CrSatisfied
06 Dec 2017Others₹18.00 CrSatisfied
13 Jan 2017Others₹75.00 CrSatisfied
02 Sep 2014Bajaj Finance Limited₹15.00 CrSatisfied

How Many Employees Work at Metro Tyres?

Metro Tyres has a workforce of 2771 employees as of Mar 22, 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.

Employee growth trends for Metro Tyres Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Metro Tyres, 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 Metro Tyres'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 Metro Tyres

Recent activity within the organization

  • Charges

    A charge with Others of Rs. 160.00 Cr registered on 27 Apr 2017 with Charge ID 100103631 was modified on 10 Jan 2024.

  • Annual General Meeting

    Metro Tyres Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

  • Balance Sheet

    Metro Tyres Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Delhi.

  • Charges

    A charge registered on 17 Dec 2018 via Charge ID 100232237 with Others was fully satisfied on 08 Feb 2023.

  • Director Appointment

    Jagdeep Kumar Sablok was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 01 Dec 2022 & has been associated with this company since 2 years 3 months .

  • Director Appointment

    Umesh Kumar Khaitan was appointed as a Director was appointed as a Director on 16 Aug 2022 & has been associated with this company since 2 years 7 months .

Frequently asked questions

  • What is the Incorporation or founding date of Metro Tyres Limited?

    Metro Tyres Limited was incorporated on 18 Jan 1974.

  • What is authorized share capital and paid-up capital of Metro Tyres Limited?

    The authorized share capital of Metro Tyres Limited is ₹ 18.50 Cr and paid-up capital is ₹ 13.95 Cr.

  • Who are the current board members & directors of Metro Tyres Limited?

    Currently 9 directors are associated with Metro Tyres Limited.

    • Rummy Chhabra
    • Harshita Chhabra
    • Mukesh Arora
    • Taruna Seth
    • Umesh Kumar Khaitan
    • Sumrit Chhabra
    • Jagdeep Kumar Sablok
    • Sandeep Kohli
    • Anurag Dwivedi

  • What is the registered address of Metro Tyres Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Metro Tyres Limited is 201 Square One C-2 District Centre, Saket Place India, Delhi, 110017.

  • What is the corporate identification number (CIN) and company number of Metro Tyres Limited?

    The corporate identification number (CIN) of Metro Tyres Limited is U25112DL1974PLC246378 and the company number is 246378 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Metro Tyres Limited?

    The Official website of Metro Tyres Limited is https://www.metrotyres.com

  • What has been the recent revenue trend for Metro Tyres Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Metro Tyres Limited has fallen by -4.67%.

  • How many employees does Metro Tyres Limited currently have?

    As Per 2023 financial reports, 2771 employees are currently employed by Metro Tyres Limited.

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

    The financial reports for the fiscal year 2023 indicates that The net worth of Metro Tyres Limited has experienced an upsurge of 5.85%.

  • What are the total open charges for Metro Tyres Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Metro Tyres Limited amount to ₹ 160.00 Cr.

  • When was the last Balance Sheet of Metro Tyres Limited filed with the ROC?

    The most recent Balance Sheet for Metro Tyres Limited was filed with the ROC on 31 Mar 2023.

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