Tamilnadu Magnesite Limited

This company manufactures refractory materials for the steel industry with multiple locations and high production capacity.

1979 | Salem, Tamil Nadu (India) | Active
Last Updated:

Tamilnadu Magnesite Profile

Key Indicators

  • Authorised Capital ₹ 50.00 Cr
  • Paid Up Capital ₹ 16.65 Cr
  • Company Age 46 Year, 4 Months
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 6.53 Cr
  • Revenue Growth 679.86%
  • Profit Growth 237.42%
  • Ebitda 226.11%
  • Net Worth 96.81%
  • Total Assets 15.45%

About Tamilnadu Magnesite

Tamilnadu Magnesite Limited (TML) is a leading Public Limited State Government Company incorporated in India on 17 January 1979 and has a history of 46 years and four months. Its registered office is in Salem, Tamil Nadu, India.

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.

Company Details

  • Location

    Salem, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • 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

Metals and Minerals
Company report

Tamilnadu Magnesite Limited

Explore comprehensive data for Tamilnadu Magnesite Limited, including financials, compliance details, shareholding patterns, and litigation history.

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

Executive Team (3)

NameDesignationAppointment DateStatus
Ethirajalu Velraj Managing Director13-Aug-2024Current
Sivaramakrishnan Pushpalatha Country flag representing In CFO27-Mar-2015Current
Subramanian Sridharan Company Secretary24-May-2024Current

Board Members (5)

NameDesignationAppointment DateStatus
Phanindra Kanamarla Country flag representing In Director 28-Jun-2023Current
Gopal Raju Country flag representing In Director 09-Oct-2023Current
Nagarajan Govindan Country flag representing In Director 01-Jul-2022Current
Ramu Kannan Country flag representing In Director 31-Aug-2023Current
Ganesan Thayalan Country flag representing In Director 14-Nov-2024Current

Financial Performance of Tamilnadu Magnesite.

Tamilnadu Magnesite Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 679.86% increase. The company also saw a substantial improvement in profitability, with a 237.42% increase in profit. The company's net worth Soared by an impressive increase of 96.81%.

Tamilnadu Magnesite revenue growth over time
Tamilnadu Magnesite 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
679.86%
Revenue from Operations
1356.07%
Total Assets
15.45%
Profit or Loss
237.42%
Net Worth
96.81%
EBITDA
226.11%

What is the Ownership and Shareholding Structure of Tamilnadu Magnesite?

In 2022, 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.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹6.53 Cr

Charges Breakdown by Lending Institutions

  • Industrial Development Bank Of India : 4.50 Cr
  • Indian Overseas Bank : 1.31 Cr
  • Canara Bank : 0.71 Cr

Latest Charge Details

DateLenderAmountStatus
08 May 1997Indian Overseas Bank₹6.00 MSatisfied
14 Dec 1988Canara Bank₹3.00 MSatisfied
23 Sep 1988Indian Overseas Bank₹3.00 MSatisfied
30 Aug 1985Indian Overseas Bank₹2.50 MSatisfied
15 Jul 1985Canara Bank₹2.50 MSatisfied

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.

Employee growth trends for Tamilnadu Magnesite Limited

Deals i

Graph showing company valuation over time

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

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 Magnesite

Recent activity within the organization

  • Director Appointment

    Ganesan Kalaiarasi Arun Sundar Thayalan was appointed as a Director was appointed as a Director on 14 Nov 2024 & has been associated with this company since 6 months 9 days .

  • Annual General Meeting

    Tamilnadu Magnesite Limited last Annual general meeting of members was held on 27 Sep 2024 as per latest MCA records.

  • Director Appointment

    Ethirajalu Saravana Velraj was appointed as a Managing Director was appointed as a Managing Director on 13 Aug 2024 & has been associated with this company since 9 months 10 days .

  • Director Appointment

    Subramanian Sridharan was appointed as a Company Secretary was appointed as a Company Secretary on 24 May 2024 & has been associated with this company since 11 months 30 days .

  • Balance Sheet

    Tamilnadu Magnesite Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Coimbatore.

  • Charges

    A charge registered on 16 Nov 1984 via Charge ID 90002156 with Industrial Development Bank Of India was fully satisfied on 27 Dec 2023.

Frequently asked questions

  • What is the Incorporation or founding date of Tamilnadu Magnesite Limited?

    Tamilnadu Magnesite Limited was incorporated on 17 Jan 1979.

  • What is authorized share capital and paid-up capital of Tamilnadu Magnesite Limited?

    The authorized share capital of Tamilnadu Magnesite Limited is ₹ 50.00 Cr and paid-up capital is ₹ 16.65 Cr.

  • Who are the current board members & directors of Tamilnadu Magnesite Limited?

    Currently 8 directors are associated with Tamilnadu Magnesite Limited.

    • Phanindra Reddy Kanamarla
    • Gopal Krishna Raju
    • Nagarajan Govindan
    • Ramu Kannan
    • Ganesan Kalaiarasi Arun Sundar Thayalan
    • Ethirajalu Saravana Velraj
    • Sivaramakrishnan Pushpalatha
    • Subramanian Sridharan

  • What is the registered address of Tamilnadu Magnesite Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Tamilnadu Magnesite Limited is 5/53Omalur Main Road Jagir Ammapalayam P O India, Salem, Tamil Nadu, 636302.

  • What is the corporate identification number (CIN) and company number of Tamilnadu Magnesite Limited?

    The corporate identification number (CIN) of Tamilnadu Magnesite Limited is U27109TZ1979SGC000834 and the company number is 000834 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Tamilnadu Magnesite Limited?

    The Official website of Tamilnadu Magnesite Limited is https://www.tanmag.org

  • What has been the recent revenue trend for Tamilnadu Magnesite Limited?

    According to the financial reports for the fiscal year 2022, the revenue trend for Tamilnadu Magnesite Limited has risen by 679.86%.

  • What change has been observed in the net worth of Tamilnadu Magnesite Limited, and by what percentage?

    The financial reports for the fiscal year 2022 indicates that The net worth of Tamilnadu Magnesite Limited has experienced an upsurge of 96.81%.

  • When was the last Balance Sheet of Tamilnadu Magnesite Limited filed with the ROC?

    The most recent Balance Sheet for Tamilnadu Magnesite Limited was filed with the ROC on 31 Mar 2024.

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