Tamilnadu Handicrafts Development Corporation Limited

Government-owned company offering a wide range of traditional handicrafts and custom temple items.

1973 | Chennai, Tamil Nadu (India) | Active
Last Updated: January 02, 2025

Tamilnadu Handicrafts Development Corporation Profile

Key Indicators

  • Authorised Capital ₹ 4.00 Cr
  • Paid Up Capital ₹ 3.22 Cr
  • Company Age 51 Year, 6 Months
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 2.95 Cr
  • Revenue Growth 52.09%
  • Profit Growth -36.35%
  • Ebitda 67.33%
  • Net Worth 8.68%
  • Total Assets -6.05%

About Tamilnadu Handicrafts Development Corporation

Tamilnadu Handicrafts Development Corporation Limited (THDCL) was founded in India on 26 July 1973 and has a glorious history of 51 years and six months. Its registered office is in Chennai, Tamil Nadu, India.

The Company is engaged in the Home & Lifestyle Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 4.00 Cr and a paid-up capital of Rs 3.22 Cr.

The company has closed loans amounting to ₹2.95 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Dharmendra Yadav, Premgopal Viswanathan, Subramanian Jothi, and Two other members serve as directors at the Company.

Company Details

  • Location

    Chennai, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    tnhdcltd.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U74999TN1973SGC006404

  • Company No.

    006404

  • Company Classification

    Public Limited State Government Company

  • Incorporation Date

    26 Jul 1973

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Home & Lifestyle

What products or services does Tamilnadu Handicrafts Development Corporation Limited offer?

Tamilnadu Handicrafts Development Corporation Limited offers a wide range of products and services, including Bamboo and Wooden Handicrafts, Wood Crafts, Decorative Light, Lamp & Lamp Shades, Lamps, Furniture Racks & Shelves, Partition Screens, God & Goddess Statues, Goddess Statues, God Idols, Indian God Statues.

Who are the key members and board of directors at Tamilnadu Handicrafts Development Corporation?

Executive Team (1)

Name Designation Appointment Date Status
Subramanian Jothi Country flag representing In Managing Director 22-Jul-2024 Current

Board Members (4)

Name Designation Appointment Date Status
Dharmendra Yadav Country flag representing In Whole-Time Director 06-Nov-2021 Current
Premgopal Viswanathan Country flag representing In Director 15-Jun-2023 Current
Muthusamy Prabakaran Country flag representing In Director 04-Jun-2020 Current
Dass Chandrasekaran Director 19-Sep-2024 Current

Financial Performance of Tamilnadu Handicrafts Development Corporation.

Tamilnadu Handicrafts Development Corporation Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 52.09% increase. The company also saw a substantial fall in profitability, with a 36.35% decrease in profit. The company's net worth moved up by a moderate rise of 8.68%.

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
52.09%
Revenue from Operations
53.66%
Total Assets
-6.05%
Profit or Loss
-36.35%
Net Worth
8.68%
EBITDA
67.33%

What is the Ownership and Shareholding Structure of Tamilnadu Handicrafts Development Corporation?

In 2022, Tamilnadu Handicrafts Development Corporation had a promoter holding of 99.78% and a public holding of 0.22%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹2.95 Cr

Charges Breakdown by Lending Institutions

  • Tamilnadu Urban Finance And Infrastrcture Development Corporation Ltd : 1.95 Cr
  • Tamilnadu Urban Finance And Infrastructure Development Coporation Ltd : 1.00 Cr

Latest Charge Details

Date Lender Amount Status
15 Oct 2004 Tamilnadu Urban Finance And Infrastructure Development Coporation Ltd ₹1.00 Cr Satisfied
26 Aug 2004 Tamilnadu Urban Finance And Infrastrcture Development Corporation Ltd ₹1.95 Cr Satisfied

How Many Employees Work at Tamilnadu Handicrafts Development Corporation?

Tamilnadu Handicrafts Development Corporation has a workforce of 147 employees as of Oct 14, 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 Tamilnadu Handicrafts Development Corporation, 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 Tamilnadu Handicrafts Development Corporation'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 Tamilnadu Handicrafts Development Corporation

Recent activity within the organization

  • Annual General Meeting

    Tamilnadu Handicrafts Development Corporation Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Director Appointment

    Dass Chandrasekaran was appointed as a Director was appointed as a Director on 19 Sep 2024 & has been associated with this company since 4 months 27 days .

    19 Sep 2024

  • Director Appointment

    Subramanian Amirtha Jothi was appointed as a Managing Director was appointed as a Managing Director on 22 Jul 2024 & has been associated with this company since 6 months 25 days .

    22 Jul 2024

  • Balance Sheet

    Tamilnadu Handicrafts Development Corporation Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.

    31 Mar 2024

  • Director Appointment

    Premgopal Thottapalli Viswanathan was appointed as a Director was appointed as a Director on 15 Jun 2023 & has been associated with this company since 1 year 8 months .

    15 Jun 2023

  • Director Appointment

    Dharmendra Pratap Yadav was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 06 Nov 2021 & has been associated with this company since 3 years 3 months .

    06 Nov 2021

Frequently asked questions

  • Tamilnadu Handicrafts Development Corporation Limited was incorporated on 26 Jul 1973.

  • The authorized share capital of Tamilnadu Handicrafts Development Corporation Limited is ₹ 4.00 Cr and paid-up capital is ₹ 3.22 Cr.

  • Currently 5 directors are associated with Tamilnadu Handicrafts Development Corporation Limited.

    • Dharmendra Pratap Yadav
    • Premgopal Thottapalli Viswanathan
    • Subramanian Amirtha Jothi
    • Muthusamy Prabakaran
    • Dass Chandrasekaran
  • As per Ministry of Corporate Affairs (Mca), the registered address of Tamilnadu Handicrafts Development Corporation Limited is 759 Anna Salai India, Chennai, Tamil Nadu, 600002.

  • The corporate identification number (CIN) of Tamilnadu Handicrafts Development Corporation Limited is U74999TN1973SGC006404 and the company number is 006404 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Tamilnadu Handicrafts Development Corporation Limited is https://www.tnhdcltd.com

  • According to the financial reports for the fiscal year 2022, the revenue trend for Tamilnadu Handicrafts Development Corporation Limited has risen by 52.09%.

  • As Per 2022 financial reports, 147 employees are currently employed by Tamilnadu Handicrafts Development Corporation Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Tamilnadu Handicrafts Development Corporation Limited has experienced an upsurge of 8.68%.

  • The most recent Balance Sheet for Tamilnadu Handicrafts Development Corporation Limited was filed with the ROC on 31 Mar 2024.

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