Tamilnadu Industrial Explosives Limited

Manufactures and trades industrial and civil explosives and related products.

1983 | Chennai, Tamil Nadu (India) | Active
Last Updated: October 24, 2024

Tamilnadu Industrial Explosives Profile

Key Indicators

  • Authorised Capital ₹ 55.00 Cr
  • Paid Up Capital ₹ 26.96 Cr
  • Company Age 41 Year, 1 Month
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 20.84 Cr
  • Satisfied Charges ₹ 4.49 Cr
  • Revenue Growth -20.15%
  • Profit Growth -19.03%
  • Ebitda -5.55%
  • Net Worth -5.69%
  • Total Assets -7.66%

About Tamilnadu Industrial Explosives

Tamilnadu Industrial Explosives Limited (TIEL) is a Public Limited State Government Company incorporated in India on 09 December 1983 and has a history of 41 years and one month. Its registered office is in Chennai, Tamil Nadu, India.

The Company is engaged in the Chemicals 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 55.00 Cr and a paid-up capital of Rs 26.96 Cr.

The company currently has active open charges totaling ₹20.84 Cr. The company has closed loans amounting to ₹4.49 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Tamilnadu Industrial Explosives Limited India are Nagasubramanian as COMPANY SECRETARY and Stella Mary as Cfo. Gopal Raju, Chakravarthin Balaji, Pooja Kulkarni, and One other member serve as directors at the Company.

Company Details

  • Location

    Chennai, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U31501TN1983SGC009836

  • Company No.

    009836

  • Company Classification

    Public Limited State Government Company

  • Incorporation Date

    09 Dec 1983

  • Date of AGM

    29 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Chemicals

What products or services does Tamilnadu Industrial Explosives Limited offer?

Tamilnadu Industrial Explosives Limited offers a wide range of products and services, including Chemical Reagents & Catalysts, Amine Compounds, Mining Equipment Accessories, Mining Electric Detonator, Industrial & Slurry Explosive, Fuses, Circuit Breakers & Components, Electrical Fuse, Drilling & Boring Equipment.

Who are the key members and board of directors at Tamilnadu Industrial Explosives?

Executive Team (2)

NameDesignationAppointment DateStatus
Nagasubramanian Country flag representing In Company Secretary15-Oct-2020Current
Stella Mary CFO15-Oct-2020Current

Board Members (4)

NameDesignationAppointment DateStatus
Gopal Raju Country flag representing In Director 29-Sep-2023Current
Chakravarthin Balaji Country flag representing In Nominee Director 16-Sep-2021Current
Pooja Kulkarni Country flag representing In Nominee Director 17-Mar-2023Current
Marimuthu Karthikeyan Director Current

Financial Performance of Tamilnadu Industrial Explosives.

Tamilnadu Industrial Explosives Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 20.15% decrease. The company also saw a substantial fall in profitability, with a 19.03% decrease in profit. The company's net worth dipped by a decrease of 5.69%.

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
-20.15%
Revenue from Operations
Total Assets
-7.66%
Profit or Loss
-19.03%
Net Worth
-5.69%
EBITDA
-5.55%

What is the Ownership and Shareholding Structure of Tamilnadu Industrial Explosives?

In 2023, Tamilnadu Industrial Explosives had a promoter holding of 82.14% and a public holding of 17.86%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹20.84 Cr

Satisfied Charges

₹4.49 Cr

Charges Breakdown by Lending Institutions

  • Indian Overseas Bank : 16.17 Cr
  • New Bank Of India : 4.67 Cr

Latest Charge Details

DateLenderAmountStatus
02 Mar 2007Indian Overseas Bank₹16.17 CrOpen
27 Jan 1987New Bank Of India₹4.67 CrOpen
06 Jun 2007Indian Bank₹2.54 CrSatisfied
05 Apr 2006Indian Bank₹1.65 CrSatisfied
17 May 1986Canra Bank₹1.50 MSatisfied

How Many Employees Work at Tamilnadu Industrial Explosives?

Unlock and access historical data on people associated with Tamilnadu Industrial Explosives, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Tamilnadu Industrial Explosives, 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 Industrial Explosives'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 Industrial Explosives

Recent activity within the organization

  • Annual General Meeting

    Tamilnadu Industrial Explosives Limited last Annual general meeting of members was held on 29 Sep 2023 as per latest MCA records.

    29 Sep 2023

  • Director Appointment

    Gopal Krishna Raju was appointed as a Director was appointed as a Director on 29 Sep 2023 & has been associated with this company since 1 year 4 months .

    29 Sep 2023

  • Balance Sheet

    Tamilnadu Industrial Explosives Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chennai.

    31 Mar 2023

  • Director Appointment

    Pooja Kulkarni was appointed as a Nominee Director was appointed as a Nominee Director on 17 Mar 2023 & has been associated with this company since 1 year 10 months .

    17 Mar 2023

  • Director Appointment

    Chakravarthin Rajagopala Balaji was appointed as a Nominee Director was appointed as a Nominee Director on 16 Sep 2021 & has been associated with this company since 3 years 4 months .

    16 Sep 2021

  • Director Appointment

    Nagasubramanian was appointed as a Company Secretary was appointed as a Company Secretary on 15 Oct 2020 & has been associated with this company since 4 years 3 months .

    15 Oct 2020

Frequently asked questions

  • Tamilnadu Industrial Explosives Limited was incorporated on 09 Dec 1983.

  • The authorized share capital of Tamilnadu Industrial Explosives Limited is ₹ 55.00 Cr and paid-up capital is ₹ 26.96 Cr.

  • Currently 6 directors are associated with Tamilnadu Industrial Explosives Limited.

    • Gopal Krishna Raju
    • Chakravarthin Rajagopala Balaji
    • Pooja Kulkarni
    • Marimuthu Karthikeyan
    • Nagasubramanian
    • Stella Caroline C Mary
  • As per Ministry of Corporate Affairs (Mca), the registered address of Tamilnadu Industrial Explosives Limited is Aavin Building 3 Rd Floor A Pasumpon Muthuramalingnar Street, Nandan Am India, Chennai, Tamil Nadu, 600035.

  • The corporate identification number (CIN) of Tamilnadu Industrial Explosives Limited is U31501TN1983SGC009836 and the company number is 009836 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Tamilnadu Industrial Explosives Limited is https://www.tniel.org

  • According to the financial reports for the fiscal year 2023, the revenue trend for Tamilnadu Industrial Explosives Limited has fallen by -20.15%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Tamilnadu Industrial Explosives Limited has experienced an downturn of -5.69%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Tamilnadu Industrial Explosives Limited amount to ₹ 20.84 Cr.

  • The most recent Balance Sheet for Tamilnadu Industrial Explosives Limited was filed with the ROC on 31 Mar 2023.

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