Speedways Tyre Limited logo

Speedways Tyre Limited

Founded in 1984 headquartered in Punjab, India.
1984 | Punjab, Punjab (India) | Active

Last Updated:

October 23, 2024
HomeCompanySpeedways Tyre Limited

Who are the key members and board of directors at Speedways Tyre?

Executive Team (1)

NameDesignationAppointment DateStatus
Arvinder Singh InManaging Director20-Dec-2005Current

Board Members(4)

NameDesignationAppointment DateStatus
Prabhjot Kaur In Director 19-Jun-1992Current
Jaspreet Singh In Director 16-Sep-2005Current
Sumit Gandhi In Director 26-May-2023Current
Sahil Sodhi In Director 26-May-2023Current

Financial Performance and Corporate Structure Insights of Speedways Tyre.

Speedways Tyre Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 2.37% increase. The company also saw a slight improvement in profitability, with a 5.5% increase in profit. The company's net worth Soared by an impressive increase of 16.86%.

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  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metric
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
2.37%
Revenue from Operations
2.33%
Total Assets
6.65%
Profit or Loss
5.50%
Net Worth
16.86%
EBITDA
7.66%

Related Corporates (Common Directorship)

Charges (Loans)

Open Charges

₹0.90 Cr

LenderAmountStatus

Others

Creation Date: 29 May 2024
₹9.00 MOpen

How Many Employees Work at Speedways Tyre?

Speedways Tyre has a workforce of 348 employees as of Aug 16, 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.

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Latest Updates, News, and FAQs on Speedways Tyre

Recent activity within the organization

  • Charges

    A charge with Others amounted to Rs. 0.90 Cr with Charge ID 100938027 was registered on 29 May 2024.

    29 May 2024

  • Annual General Meeting

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

    27 Sep 2023

  • Director Appointment

    Sumit Gandhi was appointed as a Director was appointed as a Director on 26 May 2023 & has been associated with this company since 1 year 6 months .

    26 May 2023

  • Director Appointment

    Sahil Sodhi was appointed as a Director was appointed as a Director on 26 May 2023 & has been associated with this company since 1 year 6 months .

    26 May 2023

  • Balance Sheet

    Speedways Tyre Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chandigarh.

    31 Mar 2023

  • Director Appointment

    Arvinder Singh was appointed as a Managing Director was appointed as a Managing Director on 20 Dec 2005 & has been associated with this company since 19 years .

    20 Dec 2005

Frequently asked questions

  • Speedways Tyre Limited was incorporated on 26 Oct 1984.

  • The authorized share capital of Speedways Tyre Limited is ₹ 2.50 Cr and paid-up capital is ₹ 2.16 Cr.

  • Currently 5 directors are associated with Speedways Tyre Limited.

    • Prabhjot Kaur
    • Jaspreet Singh
    • Arvinder Singh
    • Sumit Gandhi
    • Sahil Sodhi
  • As per Ministry of Corporate Affairs (Mca), the registered address of Speedways Tyre Limited is Suchi Pind Bye Passg T Road Jalandhar India, Punjab.

  • The corporate identification number (CIN) of Speedways Tyre Limited is U25111PB1984PLC005994 and the company number is 005994 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Speedways Tyre Limited is https://www.speedways.co.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Speedways Tyre Limited has risen by 2.37%.

  • As Per 2023 financial reports, 348 employees are currently employed by Speedways Tyre Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Speedways Tyre Limited has experienced an upsurge of 16.86%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Speedways Tyre Limited amount to ₹ 9.00 M.

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

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