Poddar Tyres Limited

Manufacturer of bicycles, auto tires, and tubes under 'Bedrock' brand, with ISO 9001:2015 certification.

1981 | Mumbai, Maharashtra (India) | Active
Last Updated: November 16, 2024

Poddar Tyres Profile

Key Indicators

  • Authorised Capital ₹ 7.50 Cr
  • Paid Up Capital ₹ 3.70 Cr
  • Company Age 44 Year, 8 Days
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 100.00 Cr
  • Satisfied Charges ₹ 26.41 Cr
  • Revenue Growth -5.94%
  • Profit Growth -19.16%
  • Ebitda -28.79%
  • Net Worth 7.66%
  • Total Assets 4.06%

About Poddar Tyres

Poddar Tyres Limited (PTL) is a leading Public Limited Indian Non-Government Company incorporated in India on 13 February 1981 and has a history of 44 years. Its registered office is in Mumbai, Maharashtra, India.

The Corporate was formerly known as Poddar 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 2023. It's a company limited by shares with an authorized capital of Rs 7.50 Cr and a paid-up capital of Rs 3.70 Cr.

The company currently has active open charges totaling ₹100.00 Cr. The company has closed loans amounting to ₹26.41 Cr, as per Ministry of Corporate Affairs (MCA) records.

Rohit Singh, Rachana Poddar, Anubhav Poddar, and Four other members serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    bedrocktyres.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U25100MH1981PLC023895

  • Company No.

    023895

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    13 Feb 1981

  • Date of AGM

    27 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Automotive

What products or services does Poddar Tyres Limited offer?

Poddar Tyres Limited offers a wide range of products and services, including Bicycle Wheel Parts, Bicycle Tyres.

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

Board Members (7)

NameDesignationAppointment DateStatus
Rohit Singh Country flag representing In Director 01-Apr-2022Current
Anubhav Poddar Country flag representing In Whole-Time Director 19-Nov-2020Current
Rachana Poddar Country flag representing In Whole-Time Director 30-Sep-2021Current
Rohit Poddar Country flag representing In Whole-Time Director 26-Sep-2008Current
Lalitkumar Bajaj Country flag representing In Director 28-Sep-2018Current
Arunkumar Poddar Country flag representing In Whole-Time Director 13-Feb-1981Current

Financial Performance of Poddar Tyres.

Poddar Tyres Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 5.94% decrease. The company also saw a substantial fall in profitability, with a 19.16% decrease in profit. The company's net worth moved up by a moderate rise of 7.66%.

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
-5.94%
Revenue from Operations
-6.82%
Total Assets
4.06%
Profit or Loss
-19.16%
Net Worth
7.66%
EBITDA
-28.79%

What is the Ownership and Shareholding Structure of Poddar Tyres?

In 2023, Poddar Tyres 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)

Open Charges

₹100.00 Cr

Satisfied Charges

₹26.41 Cr

Charges Breakdown by Lending Institutions

  • Others : 70.00 Cr
  • Axis Bank Limited : 15.00 Cr
  • Canara Bank : 15.00 Cr

Latest Charge Details

DateLenderAmountStatus
11 Mar 2022Axis Bank Limited₹15.00 CrOpen
29 Nov 2021Others₹20.00 CrOpen
29 Nov 2021Others₹50.00 CrOpen
15 Mar 2001Canara Bank₹15.00 CrOpen
17 Oct 2007Sidbi₹7.50 CrSatisfied

How Many Employees Work at Poddar Tyres?

Poddar Tyres has a workforce of 1617 employees as of May 08, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Poddar 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 Poddar 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 Poddar Tyres

Recent activity within the organization

  • Annual General Meeting

    Poddar Tyres Limited last Annual general meeting of members was held on 27 Sep 2023 as per latest MCA records.

    27 Sep 2023

  • Balance Sheet

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

    31 Mar 2023

  • Charges

    A charge with Canara Bank of Rs. 15.00 Cr registered on 15 Mar 2001 with Charge ID 90215715 was modified on 04 Mar 2023.

    04 Mar 2023

  • Director Appointment

    Rohit Singh was appointed as a Director was appointed as a Director on 01 Apr 2022 & has been associated with this company since 2 years 10 months .

    01 Apr 2022

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 15.00 Cr with Charge ID 100555934 was registered on 11 Mar 2022.

    11 Mar 2022

  • Charges

    A charge with Others amounted to Rs. 20.00 Cr with Charge ID 100522629 was registered on 29 Nov 2021.

    29 Nov 2021

Frequently asked questions

  • Poddar Tyres Limited was incorporated on 13 Feb 1981.

  • The authorized share capital of Poddar Tyres Limited is ₹ 7.50 Cr and paid-up capital is ₹ 3.70 Cr.

  • Currently 7 directors are associated with Poddar Tyres Limited.

    • Rohit Singh
    • Rachana Arun Kumar Poddar
    • Anubhav Poddar
    • Rohit Arunkumar Poddar
    • Lalitkumar Rajkumar Bajaj
    • Arunkumar Poddar
    • Pawankumar Shyamsundar Bagla
  • As per Ministry of Corporate Affairs (Mca), the registered address of Poddar Tyres Limited is 5D Court Chambers 35 New Marine Lines India, Mumbai, Maharashtra, 400020.

  • The corporate identification number (CIN) of Poddar Tyres Limited is U25100MH1981PLC023895 and the company number is 023895 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Poddar Tyres Limited is https://www.bedrocktyres.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Poddar Tyres Limited has fallen by -5.94%.

  • As Per 2023 financial reports, 1617 employees are currently employed by Poddar Tyres Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Poddar Tyres Limited has experienced an upsurge of 7.66%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Poddar Tyres Limited amount to ₹ 100.00 Cr.

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

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