Tamilnadu Magnesite Profile
Key Indicators
- Authorised Capital ₹ 50.00 Cr
as on 11-12-2024
- Paid Up Capital ₹ 16.65 Cr
as on 11-12-2024
- Company Age 45 Year, 11 Months
- Last Filing with ROC 31 Mar 2024
- Satisfied Charges ₹ 6.53 Cr
as on 11-12-2024
- Revenue -56.25%
(FY 2021)
- Profit 77.12%
(FY 2021)
- Ebitda 76.91%
(FY 2021)
- Net Worth -55.57%
(FY 2021)
- Total Assets -35.52%
(FY 2021)
About Tamilnadu Magnesite
The Company is engaged in the Metals And Minerals 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 50.00 Cr and a paid-up capital of Rs 16.65 Cr.
The company has closed loans amounting to ₹6.53 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Tamilnadu Magnesite Limited India are Sivaramakrishnan Pushpalatha as CFO and Subramanian Sridharan as Company Secretary. Phanindra Kanamarla, Gopal Raju, Nagarajan Govindan, and Three other members serve as directors at the Company.
- CIN/LLPIN
U27109TZ1979SGC000834
- Company No.
000834
- Company Classification
Public Limited State Government Company
- Incorporation Date
17 Jan 1979
- Date of AGM
27 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Coimbatore
Industry
Company Details
- Location
Salem, Tamil Nadu, India
- Telephone
- Email Address
- Website
- Social Media-
Who are the key members and board of directors at Tamilnadu Magnesite?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Ethirajalu Velraj | Managing Director | 13-Aug-2024 | Current |
Sivaramakrishnan Pushpalatha  | CFO | 27-Mar-2015 | Current |
| Subramanian Sridharan | Company Secretary | 24-May-2024 | Current |
Board Members(5)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Phanindra Kanamarla | Director | 28-Jun-2023 | Current |
| Gopal Raju | Director | 09-Oct-2023 | Current |
| Nagarajan Govindan | Director | 01-Jul-2022 | Current |
| Ramu Kannan | Director | 31-Aug-2023 | Current |
| Ganesan Thayalan | Director | 14-Nov-2024 | Current |
Financial Performance and Corporate Structure Insights of Tamilnadu Magnesite.
Tamilnadu Magnesite Limited, for the financial year ended 2021, experienced significant reduction in revenue, with a 56.25% decrease. The company also saw a substantial improvement in profitability, with a 77.12% increase in profit. The company's net worth observed a substantial decline by a decrease of 55.57%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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What is the Ownership and Shareholding Structure of Tamilnadu Magnesite?
In 2021, Tamilnadu Magnesite had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Tamilnadu Minerals LimitedActive 46 years 8 monthsPhanindra Kanamarla, Ganesan Thayalan and 1 more are mutual person
Tamilnadu Arasu Cable T.V. Corporation Public LimitedActive 17 years 2 monthsGanesan Thayalan is a mutual person
Tamilnadu Power Finance And Infrastructure Development Corporation LimitedActive 33 years 5 monthsPhanindra Kanamarla is a mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Indian Overseas Bank Creation Date: 08 May 1997 | ₹6.00 M | Satisfied |
Canara Bank Creation Date: 14 Dec 1988 | ₹3.00 M | Satisfied |
Indian Overseas Bank Creation Date: 23 Sep 1988 | ₹3.00 M | Satisfied |
How Many Employees Work at Tamilnadu Magnesite?
Unlock and access historical data on people associated with Tamilnadu Magnesite, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Tamilnadu Magnesite, 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 Magnesite's trajectory.
Rating
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
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.
