Prs Tyres Profile
Key Indicators
- Authorised Capital ₹ 5.00 Cr
- Paid Up Capital ₹ 4.88 Cr
- Company Age 37 Year, 5 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 17.20 Cr
- Satisfied Charges ₹ 7.89 Cr
- Revenue Growth -22.90%
- Profit Growth -12.05%
- Ebitda 1.60%
- Net Worth 2.58%
- Total Assets -3.41%
About Prs Tyres
Prs Tyres Private Limited (PTPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 01 September 1987 and has a history of 37 years and five months. Its registered office is in Namakkal, Tamil Nadu, India.
The Corporate was formerly known as Prs Tyres 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 5.00 Cr and a paid-up capital of Rs 4.88 Cr.
The company currently has active open charges totaling ₹17.20 Cr. The company has closed loans amounting to ₹7.89 Cr, as per Ministry of Corporate Affairs (MCA) records.
Palanisamy, Prasanth Palanisamy, Sellam Palanisamy, and One other member serve as directors at the Company.
Company Details
- Location
Namakkal, Tamil Nadu, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media -
Corporate Identity Details
- CIN/LLPIN
U02511TZ1987PTC002030
- Company No.
002030
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
01 Sep 1987
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Coimbatore
Industry
Who are the key members and board of directors at Prs Tyres?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Palanisamy  | Managing Director | 01-Sep-1987 | Current |
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Prasanth Palanisamy | Whole-Time Director | 15-May-1995 | Current |
| Sellam Palanisamy | Director | 01-Sep-1987 | Current |
| Prasanth Kavitha | Director | 30-Sep-2014 | Current |
Financial Performance of Prs Tyres.
Prs Tyres Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 22.9% decrease. The company also saw a substantial fall in profitability, with a 12.05% decrease in profit. The company's net worth moved up by a moderate rise of 2.58%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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What is the Ownership and Shareholding Structure of Prs Tyres?
In 2023, Prs Tyres had a promoter holding of 87.06% and a public holding of 12.94%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
CapexilPrasanth Palanisamy is a mutual person
Trinity Academy LimitedPalanisamy is a mutual person
Charges (Loans)
₹17.20 Cr
₹7.89 Cr
Charges Breakdown by Lending Institutions
- State Bank Of India : 17.20 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 09 Dec 2006 | State Bank Of India | ₹17.20 Cr | Open |
| 31 Oct 2011 | Vijaya Bank | ₹0.50 M | Satisfied |
| 12 Jul 2010 | Indian Overseas Bank | ₹0.70 M | Satisfied |
| 17 Oct 1994 | Indian Overseas Bank | ₹7.52 Cr | Satisfied |
| 17 Oct 1991 | Indian Overseas Bank | ₹1.00 M | Satisfied |
How Many Employees Work at Prs Tyres?
Prs Tyres has a workforce of 33 employees as of Apr 05, 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 Prs 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 Prs Tyres'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.
