Savery Transport Finance Limited

Provides vehicle financing services since 1987, based in Chennai, Tamil Nadu.

1987 | Chennai, Tamil Nadu (India) | Active
Last Updated: July 16, 2024

Savery Transport Finance Profile

Key Indicators

  • Authorised Capital ₹ 25.00 Cr
  • Paid Up Capital ₹ 17.06 Cr
  • Company Age 37 Year, 11 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 52.58 Cr
  • Satisfied Charges ₹ 111.00 Cr
  • Revenue Growth 34.24%
  • Profit Growth 67.46%
  • Ebitda 41.46%
  • Net Worth 7.58%
  • Total Assets 9.70%

About Savery Transport Finance

Savery Transport Finance Limited (STFL) is a leading Public Limited Indian Non-Government Company incorporated in India on 03 March 1987 and has a history of 37 years and 11 months. Its registered office is in Chennai, Tamil Nadu, India.

The Corporate was formerly known as Savery Transport Finance Company Private Limited. The Company is engaged in the Financial Services 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 25.00 Cr and a paid-up capital of Rs 17.06 Cr.

The company currently has active open charges totaling ₹52.58 Cr. The company has closed loans amounting to ₹111.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Savery Transport Finance Limited India are Kumbeswaran Ramaswamy as Cfo, Ramamurthy Kannan as Ceo, and Rajamanickam Thyagarajan as Company Secretary. Shankar Venkataraman, Kothandaraman Ravishankar, Kunnavakkam Shriram, and One other member serve as directors at the Company.

Company Details

  • Location

    Chennai, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    shriram.net

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U65191TN1987PLC014076

  • Company No.

    014076

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    03 Mar 1987

  • Date of AGM

    11 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Financial Services

Who are the key members and board of directors at Savery Transport Finance?

Executive Team (3)

NameDesignationAppointment DateStatus
Kumbeswaran Ramaswamy Country flag representing In CFO06-Dec-2019Current
Ramamurthy Kannan Country flag representing In CEO29-May-2014Current
Rajamanickam Thyagarajan Country flag representing In Company Secretary29-Jun-2019Current

Board Members (4)

NameDesignationAppointment DateStatus
Shankar Venkataraman Country flag representing In Director 19-Aug-2015Current
Kothandaraman Ravishankar Country flag representing In Director 01-Aug-2013Current
Kunnavakkam Shriram Country flag representing In Director 15-Jul-2010Current
Ramamoorthi Kannan Country flag representing In Ceo and Director 23-May-2012Current

Financial Performance of Savery Transport Finance.

Savery Transport Finance Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 34.24% increase. The company also saw a substantial improvement in profitability, with a 67.46% increase in profit. The company's net worth moved up by a moderate rise of 7.58%.

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
34.24%
Revenue from Operations
31.98%
Total Assets
9.70%
Profit or Loss
67.46%
Net Worth
7.58%
EBITDA
41.46%

What is the Ownership and Shareholding Structure of Savery Transport Finance?

In 2023, Savery Transport Finance had a promoter holding of 86.49% and a public holding of 13.51%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹52.58 Cr

Satisfied Charges

₹111.00 Cr

Charges Breakdown by Lending Institutions

  • Others : 25.00 Cr
  • State Bank Of India : 17.58 Cr
  • Gda Trusteeship Limited : 10.00 Cr

Latest Charge Details

DateLenderAmountStatus
12 May 2022Others₹0.03 MOpen
25 Feb 2022Others₹5.00 CrOpen
27 Jan 2022Others₹10.00 CrOpen
18 Jan 2021State Bank Of India₹17.58 CrOpen
08 Jul 2016Others₹10.00 CrOpen

How Many Employees Work at Savery Transport Finance?

Savery Transport Finance has a workforce of 896 employees as of Apr 06, 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 Savery Transport Finance, 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 Savery Transport Finance'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 Savery Transport Finance

Recent activity within the organization

  • Annual General Meeting

    Savery Transport Finance Limited last Annual general meeting of members was held on 11 Sep 2023 as per latest MCA records.

    11 Sep 2023

  • Balance Sheet

    Savery Transport Finance Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chennai.

    31 Mar 2023

  • Charges

    A charge with State Bank Of India of Rs. 17.58 Cr registered on 18 Jan 2021 with Charge ID 100408728 was modified on 28 Oct 2022.

    28 Oct 2022

  • Charges

    A charge with Others amounted to Rs. 0.00 Cr with Charge ID 100570081 was registered on 12 May 2022.

    12 May 2022

  • Charges

    A charge with Others amounted to Rs. 5.00 Cr with Charge ID 100562418 was registered on 25 Feb 2022.

    25 Feb 2022

  • Charges

    A charge registered on 06 Jan 2020 via Charge ID 100320597 with Others was fully satisfied on 16 Feb 2022.

    16 Feb 2022

Frequently asked questions

  • Savery Transport Finance Limited was incorporated on 03 Mar 1987.

  • The authorized share capital of Savery Transport Finance Limited is ₹ 25.00 Cr and paid-up capital is ₹ 17.06 Cr.

  • Currently 7 directors are associated with Savery Transport Finance Limited.

    • Kumbeswaran Ramaswamy
    • Ramamurthy Kannan
    • Rajamanickam Thyagarajan
    • Shankar Venkataraman
    • Kothandaraman Ravishankar
    • Kunnavakkam Vinjamoor Shriram
    • Ramamoorthi Kannan
  • As per Ministry of Corporate Affairs (Mca), the registered address of Savery Transport Finance Limited is Spl Sriram Nivas 3Rd Floor No.38 Venkatakrishna Road Mandaveli, Chennai, Tamil Nadu, India, 600028.

  • The corporate identification number (CIN) of Savery Transport Finance Limited is U65191TN1987PLC014076 and the company number is 014076 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Savery Transport Finance Limited is https://www.shriram.net

  • According to the financial reports for the fiscal year 2023, the revenue trend for Savery Transport Finance Limited has risen by 34.24%.

  • As Per 2023 financial reports, 896 employees are currently employed by Savery Transport Finance Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Savery Transport Finance Limited has experienced an upsurge of 7.58%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Savery Transport Finance Limited amount to ₹ 52.58 Cr.

  • The most recent Balance Sheet for Savery Transport Finance Limited was filed with the ROC on 31 Mar 2023.

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