Michelin India Private Limited

This company manufactures and trades rubber tires, offers related services, and has a range of products.

2009 | Chennai, Tamil Nadu (India) | Active
Last Updated:

Michelin India Profile

Key Indicators

  • Authorised Capital ₹ 7,319.78 Cr
  • Paid Up Capital ₹ 7,120.09 Cr
  • Company Age 16 Year, 18 Days
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth 44.81%
  • Profit Growth 3.70%
  • Ebitda 24.54%
  • Net Worth 35.59%
  • Total Assets 36.60%

About Michelin India

Michelin India Private Limited (MIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 24 April 2009 and has a history of 16 years. Its registered office is in Chennai, Tamil Nadu, India.

The Corporate was formerly known as Michelin India Tamilnadu Tyres Private Limited. 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 2024. It's a company limited by shares with an authorized capital of Rs 7,319.78 Cr and a paid-up capital of Rs 7,120.09 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Michelin India Private Limited India is Mansi Jani as COMPANY SECRETARY. Florent Chaussade, Shantanu Deshpande, Ambica Rajagopal, and Two 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

    U25119TN2009PTC071454

  • Company No.

    071454

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    24 Apr 2009

  • Date of AGM

    25 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Automotive

What products or services does Michelin India Private Limited offer?

Michelin India Private Limited offers a wide range of products and services, including Tyre, Tube & Flaps, Motorcycle Tyres.

Company report

Michelin India Private Limited

Explore comprehensive data for Michelin India Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Michelin India?

Executive Team (2)

NameDesignationAppointment DateStatus
Shantanu Deshpande Country flag representing In Managing Director17-Nov-2023Current
Mansi Jani Company Secretary14-Dec-2023Current

Board Members (4)

NameDesignationAppointment DateStatus
Florent Chaussade Country flag representing Fr Whole-Time Director 19-Sep-2022Current
Ambica Rajagopal Whole-Time Director 25-Sep-2024Current
Jean Cambier Country flag representing Fr Whole-Time Director 01-Apr-2024Current
Ignacio Galvez Country flag representing Es Whole-Time Director 20-Aug-2024Current

Financial Performance of Michelin India.

Michelin India Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 44.81% increase. The company also saw a slight improvement in profitability, with a 3.7% increase in profit. The company's net worth Soared by an impressive increase of 35.59%.

Michelin India revenue growth over time
Michelin India 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
44.81%
Revenue from Operations
45.62%
Total Assets
36.60%
Profit or Loss
3.70%
Net Worth
35.59%
EBITDA
24.54%

What is the Ownership and Shareholding Structure of Michelin India?

In 2022, Michelin India had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

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There are no open charges registered against the company as per our records.

How Many Employees Work at Michelin India?

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

Employee growth trends for Michelin India Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Michelin India, 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 Michelin India'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 Michelin India

Recent activity within the organization

  • Annual General Meeting

    Michelin India Private Limited last Annual general meeting of members was held on 25 Sep 2024 as per latest MCA records.

  • Director Appointment

    Ambica Rajagopal was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 25 Sep 2024 & has been associated with this company since 7 months 17 days .

  • Director Appointment

    Ignacio Sanchez Galvez was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 20 Aug 2024 & has been associated with this company since 8 months 22 days .

  • Director Appointment

    Jean Charles Francois Maurice Cambier was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 01 Apr 2024 & has been associated with this company since 1 year 1 month .

  • Balance Sheet

    Michelin India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.

  • Director Appointment

    Mansi Pramod Jani was appointed as a Company Secretary was appointed as a Company Secretary on 14 Dec 2023 & has been associated with this company since 1 year 4 months .

Recent News, Updates & Announcement

Frequently asked questions

  • What is the Incorporation or founding date of Michelin India Private Limited?

    Michelin India Private Limited was incorporated on 24 Apr 2009.

  • What is authorized share capital and paid-up capital of Michelin India Private Limited?

    The authorized share capital of Michelin India Private Limited is ₹ 7,319.78 Cr and paid-up capital is ₹ 7,120.09 Cr.

  • Who are the current board members & directors of Michelin India Private Limited?

    Currently 6 directors are associated with Michelin India Private Limited.

    • Florent Chaussade
    • Shantanu Sudhir Deshpande
    • Ambica Rajagopal
    • Jean Charles Francois Maurice Cambier
    • Ignacio Sanchez Galvez
    • Mansi Pramod Jani
  • What is the registered address of Michelin India Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Michelin India Private Limited is 3Rd Floor Shyamala Towers, 136 Arcot Road Saligramam India, Chennai, Tamil Nadu, 600093.

  • What is the corporate identification number (CIN) and company number of Michelin India Private Limited?

    The corporate identification number (CIN) of Michelin India Private Limited is U25119TN2009PTC071454 and the company number is 071454 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Michelin India Private Limited?

    The Official website of Michelin India Private Limited is https://www.michelin.in

  • What has been the recent revenue trend for Michelin India Private Limited?

    According to the financial reports for the fiscal year 2022, the revenue trend for Michelin India Private Limited has risen by 44.81%.

  • What change has been observed in the net worth of Michelin India Private Limited, and by what percentage?

    The financial reports for the fiscal year 2022 indicates that The net worth of Michelin India Private Limited has experienced an upsurge of 35.59%.

  • When was the last Balance Sheet of Michelin India Private Limited filed with the ROC?

    The most recent Balance Sheet for Michelin India Private Limited was filed with the ROC on 31 Mar 2024.

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