Myers Tyre Supply (India) Limited

Supplier of tyre servicing supplies for various types of vehicles.

2012 | Madurai, Tamil Nadu (India) | Active
Last Updated: January 04, 2025

Myers Tyre Supply (India) Profile

Key Indicators

  • Authorised Capital ₹ 5.00 Cr
  • Paid Up Capital ₹ 4.34 Cr
  • Company Age 12 Year, 2 Months
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth -37.85%
  • Profit Growth 12.60%
  • Ebitda -5.95%
  • Net Worth -130.62%
  • Total Assets -60.76%

About Myers Tyre Supply (India)

Myers Tyre Supply (India) Limited (MTSIL) is a leading Public Limited Indian Non-Government Company incorporated in India on 24 December 2012 and has a history of 12 years and two months. Its registered office is in Madurai, Tamil Nadu, India.

The Corporate was formerly known as Gs Automotive Service Equipments (Chennai) 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 5.00 Cr and a paid-up capital of Rs 4.34 Cr, as per Ministry of Corporate Affairs (MCA) records.

Srinath Rajam, Tharuvai Srinivasan, and James Gurnee serve as directors at the Company.

Company Details

  • Location

    Madurai, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    tvsgroup.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U50200TN2012PLC089156

  • Company No.

    089156

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    24 Dec 2012

  • Date of AGM

    30 Aug 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Automotive

Who are the key members and board of directors at Myers Tyre Supply (India)?

Board Members (3)

NameDesignationAppointment DateStatus
Srinath Rajam Country flag representing In Director 06-Aug-2015Current
Tharuvai Srinivasan Country flag representing In Director 06-May-2024Current
James Gurnee Nominee Director 09-Jan-2024Current

Financial Performance of Myers Tyre Supply (India).

Myers Tyre Supply (India) Limited, for the financial year ended 2021, experienced significant reduction in revenue, with a 37.85% decrease. The company also saw a substantial improvement in profitability, with a 12.6% increase in profit. The company's net worth observed a substantial decline by a decrease of 130.62%.

Graph illustrating revenue growth over time
Graph showing 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
-37.85%
Revenue from Operations
-39.87%
Total Assets
-60.76%
Profit or Loss
12.60%
Net Worth
-130.62%
EBITDA
-5.95%

What is the Ownership and Shareholding Structure of Myers Tyre Supply (India)?

In 2021, Myers Tyre Supply (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)

Placeholder for charges-related data

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

How Many Employees Work at Myers Tyre Supply (India)?

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

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Myers Tyre Supply (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 Myers Tyre Supply (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 Myers Tyre Supply (India)

Recent activity within the organization

  • Annual General Meeting

    Myers Tyre Supply (India) Limited last Annual general meeting of members was held on 30 Aug 2024 as per latest MCA records.

    30 Aug 2024

  • Director Appointment

    Tharuvai Ramasubramanian Srinivasan was appointed as a Director was appointed as a Director on 06 May 2024 & has been associated with this company since 9 months 18 days .

    06 May 2024

  • Balance Sheet

    Myers Tyre Supply (India) Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.

    31 Mar 2024

  • Director Appointment

    James Hewitt Gurnee was appointed as a Nominee Director was appointed as a Nominee Director on 09 Jan 2024 & has been associated with this company since 1 year 1 month .

    09 Jan 2024

  • Director Appointment

    Srinath Ratnam Rajam was appointed as a Director was appointed as a Director on 06 Aug 2015 & has been associated with this company since 9 years 6 months .

    06 Aug 2015

  • Company Incorporation

    Myers Tyre Supply (India) Limited was registered on 24 Dec 2012 with Roc Chennai & aged 12 years 2 months as per MCA records.

    24 Dec 2012

Recent News, Updates & Announcement

Frequently asked questions

  • Myers Tyre Supply (India) Limited was incorporated on 24 Dec 2012.

  • The authorized share capital of Myers Tyre Supply (India) Limited is ₹ 5.00 Cr and paid-up capital is ₹ 4.34 Cr.

  • Currently 3 directors are associated with Myers Tyre Supply (India) Limited.

    • Srinath Ratnam Rajam
    • Tharuvai Ramasubramanian Srinivasan
    • James Hewitt Gurnee
  • As per Ministry of Corporate Affairs (Mca), the registered address of Myers Tyre Supply (India) Limited is Aparna Towers No.122/5 5Th Floor Ponmeni Byepass Road Ponmeni, India, Madurai North, Tamil Nadu, 625016.

  • The corporate identification number (CIN) of Myers Tyre Supply (India) Limited is U50200TN2012PLC089156 and the company number is 089156 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Myers Tyre Supply (India) Limited is https://www.tvsgroup.com

  • According to the financial reports for the fiscal year 2021, the revenue trend for Myers Tyre Supply (India) Limited has fallen by -37.85%.

  • The financial reports for the fiscal year 2021 indicates that The net worth of Myers Tyre Supply (India) Limited has experienced an downturn of -130.62%.

  • The most recent Balance Sheet for Myers Tyre Supply (India) Limited was filed with the ROC on 31 Mar 2024.

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