T.C. Terrytex Limited

Manufacturer of various types of terry towels and dyed yarn, part of Satia group.

2005 | Mohali, Punjab (India) | Active
Last Updated:

T.C. Terrytex Profile

Key Indicators

  • Authorised Capital ₹ 132.50 Cr
  • Paid Up Capital ₹ 129.32 Cr
  • Company Age 19 Year, 7 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 276.33 Cr
  • Satisfied Charges ₹ 256.69 Cr
  • Revenue Growth -0.37%
  • Profit Growth 99.76%
  • Ebitda 8.91%
  • Net Worth 7.76%
  • Total Assets 0.55%

About T.C. Terrytex

T.C. Terrytex Limited (TTL) is a leading Public Limited Indian Non-Government Company incorporated in India on 30 August 2005 and has a history of 19 years and seven months. Its registered office is in Mohali, Punjab, India.

The Corporate was formerly known as T.C. Terrytax Limited. The Company is engaged in the Manufacturing 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 132.50 Cr and a paid-up capital of Rs 129.32 Cr.

The company currently has active open charges totaling ₹276.33 Cr. The company has closed loans amounting to ₹256.69 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at T.C. Terrytex Limited India are Rajeev Chopra as CFO and Tanvi Mahendru as Company Secretary. Akhil Satia, Neha Singla, Manjeet Singh, and Two other members serve as directors at the Company.

Company Details

  • Location

    Mohali, Punjab, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U17220PB2005PLC028877

  • Company No.

    028877

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    30 Aug 2005

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chandigarh

Industry

Manufacturing
Company report

T.C. Terrytex Limited

Explore comprehensive data for T.C. Terrytex Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at T.C. Terrytex?

Executive Team (3)

NameDesignationAppointment DateStatus
Akhil Satia Country flag representing In Managing Director30-Aug-2005Current
Rajeev Chopra Country flag representing In CFO01-Aug-2014Current
Tanvi Mahendru Company Secretary30-Mar-2023Current

Board Members (4)

NameDesignationAppointment DateStatus
Neha Singla Country flag representing In Director 28-Mar-2022Current
Manjeet Singh Country flag representing In Director 17-Sep-2020Current
Parminder Barnala Country flag representing In Whole-Time Director 05-Apr-2024Current
Sunil Kaura Country flag representing In Whole-Time Director 06-Jun-2012Current

Financial Performance of T.C. Terrytex.

T.C. Terrytex Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 0.37% decrease. The company also saw a substantial improvement in profitability, with a 99.76% increase in profit. The company's net worth moved up by a moderate rise of 7.76%.

T.C. Terrytex revenue growth over time
T.C. Terrytex 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
-0.37%
Revenue from Operations
-0.32%
Total Assets
0.55%
Profit or Loss
99.76%
Net Worth
7.76%
EBITDA
8.91%

What is the Ownership and Shareholding Structure of T.C. Terrytex?

In 2023, T.C. Terrytex had a promoter holding of 97.34% and a public holding of 2.66%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹276.33 Cr

Satisfied Charges

₹256.69 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of India : 183.54 Cr
  • Others : 79.49 Cr
  • The South Indian Bank Limited : 6.00 Cr
  • Indian Overseas Bank : 5.93 Cr
  • Hdfc Bank Limited : 1.37 Cr

Latest Charge Details

DateLenderAmountStatus
06 Feb 2024Hdfc Bank Limited₹1.30 CrOpen
01 Feb 2024Others₹0.50 MOpen
01 Feb 2024Others₹0.50 MOpen
30 Nov 2023Others₹5.51 CrOpen
28 Mar 2023Indian Overseas Bank₹1.98 CrOpen

How Many Employees Work at T.C. Terrytex?

T.C. Terrytex has a workforce of 1474 employees as of Aug 24, 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.

Employee growth trends for T.C. Terrytex Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of T.C. Terrytex, 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 T.C. Terrytex'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 T.C. Terrytex

Recent activity within the organization

  • Director Appointment

    Parminder Singh Barnala was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 05 Apr 2024 & has been associated with this company since 1 year 8 days .

  • Charges

    A charge registered on 29 Jul 2019 via Charge ID 100283124 with Others was fully satisfied on 14 Mar 2024.

  • Charges

    A charge registered on 22 Jun 2020 via Charge ID 100353529 with Others was fully satisfied on 27 Feb 2024.

  • Charges

    A charge registered on 06 Aug 2020 via Charge ID 100410004 with Indian Bank was fully satisfied on 22 Feb 2024.

  • Charges

    A charge registered on 26 Feb 2020 via Charge ID 100343073 with Others was fully satisfied on 20 Feb 2024.

  • Charges

    A charge registered on 12 Nov 2018 via Charge ID 100216911 with Others was fully satisfied on 20 Feb 2024.

Frequently asked questions

  • What is the Incorporation or founding date of T.C. Terrytex Limited?

    T.C. Terrytex Limited was incorporated on 30 Aug 2005.

  • What is authorized share capital and paid-up capital of T.C. Terrytex Limited?

    The authorized share capital of T.C. Terrytex Limited is ₹ 132.50 Cr and paid-up capital is ₹ 129.32 Cr.

  • Who are the current board members & directors of T.C. Terrytex Limited?

    Currently 7 directors are associated with T.C. Terrytex Limited.

    • Akhil Satia
    • Neha Singla
    • Manjeet Singh
    • Parminder Singh Barnala
    • Rajeev Chopra
    • Tanvi Mahendru
    • Sunil Kaura

  • What is the registered address of T.C. Terrytex Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of T.C. Terrytex Limited is Village Sarsini Amb-Chd Highway Near Tehsil Derabassi, India, Lalru, Punjab, 140501.

  • What is the corporate identification number (CIN) and company number of T.C. Terrytex Limited?

    The corporate identification number (CIN) of T.C. Terrytex Limited is U17220PB2005PLC028877 and the company number is 028877 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of T.C. Terrytex Limited?

    The Official website of T.C. Terrytex Limited is https://www.tctl.in

  • What has been the recent revenue trend for T.C. Terrytex Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for T.C. Terrytex Limited has fallen by -0.37%.

  • How many employees does T.C. Terrytex Limited currently have?

    As Per 2023 financial reports, 1474 employees are currently employed by T.C. Terrytex Limited.

  • What change has been observed in the net worth of T.C. Terrytex Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of T.C. Terrytex Limited has experienced an upsurge of 7.76%.

  • What are the total open charges for T.C. Terrytex Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for T.C. Terrytex Limited amount to ₹ 276.33 Cr.

  • When was the last Balance Sheet of T.C. Terrytex Limited filed with the ROC?

    The most recent Balance Sheet for T.C. Terrytex Limited was filed with the ROC on 31 Mar 2023.

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