Milltec Machinery Profile
Key Indicators
- Authorised Capital ₹ 15.00 Cr
- Paid Up Capital ₹ 10.00 Cr
- Company Age 26 Year, 5 Months
- Last Filing with ROC 31 Mar 2019
- Satisfied Charges ₹ 80.44 Cr
- Revenue Growth 15.00%
- Profit Growth -40.76%
- Ebitda 9.74%
- Net Worth 5.53%
- Total Assets 6.12%
About Milltec Machinery
Company Details
- Location
Bangaluru, Karnataka, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media -
Corporate Identity Details
- CIN/LLPIN
U85110KA1998PLC024139
- Company No.
024139
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
28 Aug 1998
- Date of AGM
03 Aug 2019
- Date of Balance Sheet
31 Mar 2019
- Listing Status
Unlisted
- ROC Code
Roc Bangalore
Industry
What products or services does Milltec Machinery Limited offer?
Milltec Machinery Limited offers a wide range of products and services, including Food Grains & Nut Processing Machine, Rice Mill Machinery, Form Fill & Seal Machines, Granules Packing Machine, Grain Processing Machines, Generators, Turbines & Power Plants, Power Plants & Spare Parts, Storage Tanks, Drums & Containers, Storage Silo, Engine & Engine Spare Parts.
Who are the key members and board of directors at Milltec Machinery?
Executive Team (5)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Ramaiah Ravindranath  | Managing Director | 28-Aug-1998 | Current |
| Rajendran Joghee | Managing Director | 28-Aug-1998 | Current |
| Ganapathy Subramaniam | CFO | 05-Apr-2018 | Current |
| Rajan Agarwal | CEO | Current | |
| Avijit Mishra | Company Secretary | 27-Feb-2020 | Current |
Board Members (7)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Ryan Kipp  | Additional Director | 31-Jul-2019 | Current |
| Nirupama Ganapathy | Director | 20-Apr-2018 | Current |
Prabhakar Tadepalli  | Director | 23-Jul-2013 | Current |
| Noam Silberstein | Additional Director | 31-Jul-2019 | Current |
| Nicolle Parker | Director | 31-Jul-2019 | Current |
| Steven Sommerfeld | Director | 28-Mar-2019 | Current |
Financial Performance of Milltec Machinery.
Milltec Machinery Limited, for the financial year ended 2019, experienced significant growth in revenue, with a 15% increase. The company also saw a substantial fall in profitability, with a 40.76% decrease in profit. The company's net worth moved up by a moderate rise of 5.53%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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What is the Ownership and Shareholding Structure of Milltec Machinery?
In 2019, Milltec Machinery had a public 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)
Tyfone Communications Development (India) Private LimitedPrabhakar Tadepalli is a mutual person
Nals Outdoors India Private LimitedRamaiah Ravindranath and Rajendran Joghee are mutual person
Ad Astra Consultants Private LimitedNirupama Ganapathy is a mutual person
- Ad Astra Staffing Solutions Private Limited
Nirupama Ganapathy is a mutual person
Authenzia Solutions Private LimitedNirupama Ganapathy is a mutual person
Charges (Loans)
₹0
₹80.44 Cr
Charges Breakdown by Lending Institutions
- L & T Finance Limited : 70.00 Cr
- State Bank Of India : 9.14 Cr
- Sundaram Home Finance Limited : 1.30 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 30 May 2013 | L & T Finance Limited | ₹35.00 Cr | Satisfied |
| 30 May 2013 | L & T Finance Limited | ₹35.00 Cr | Satisfied |
| 28 Jan 2009 | State Bank Of India | ₹1.50 Cr | Satisfied |
| 22 Sep 2006 | State Bank Of India | ₹1.04 Cr | Satisfied |
| 26 Jul 2006 | Sundaram Home Finance Limited | ₹1.30 Cr | Satisfied |
How Many Employees Work at Milltec Machinery?
Milltec Machinery has a workforce of 415 employees as of Apr 11, 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 Milltec Machinery, 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 Milltec Machinery'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.
