Tamilnadu Textile Corporation Profile
Key Indicators
- Authorised Capital ₹ 5.00 Cr
- Paid Up Capital ₹ 1.54 Cr
- Company Age 55 Year, 9 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 1.77 Cr
- Satisfied Charges ₹ 6.00 M
- Revenue Growth 56.66%
- Profit Growth 12.05%
- Ebitda -7.59%
- Net Worth 7.07%
- Total Assets 14.38%
About Tamilnadu Textile Corporation
Tamilnadu Textile Corporation Limited (TTCL) was founded in India on 24 April 1969 and has a glorious history of 55 years and nine months. Its registered office is in Coimbatore, 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 2023. It's a company limited by shares with an authorized capital of Rs 5.00 Cr and a paid-up capital of Rs 1.54 Cr.
The company currently has active open charges totaling ₹1.77 Cr. The company has closed loans amounting to ₹6.00 M, as per Ministry of Corporate Affairs (MCA) records.
Chakravarthin Balaji, Allirani Padmanabhan, Dharmendra Yadav, and Seven other members serve as directors at the Company.
Company Details
- Location
Coimbatore, Tamil Nadu, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
-
- Social Media -
Corporate Identity Details
- CIN/LLPIN
U17111TZ1969SGC004374
- Company No.
004374
- Company Classification
Public Limited State Government Company
- Incorporation Date
24 Apr 1969
- Date of AGM
21 Dec 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Coimbatore
Industry
Who are the key members and board of directors at Tamilnadu Textile Corporation?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Sundararajan Raghavan  | Managing Director | 26-May-2022 | Current |
Board Members (9)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Balakrishnan Krishnamoorthy | Nominee Director | Current | |
| Alby Varghese | Nominee Director | 20-Jan-2024 | Current |
| Chakravarthin Balaji | Nominee Director | 19-Jun-2018 | Current |
| Allirani Padmanabhan | Director | 23-Jan-2023 | Current |
| Dharmendra Yadav | Nominee Director | 19-Sep-2024 | Current |
| Velappan Amuthavalli | Nominee Director | 08-Jul-2023 | Current |
Financial Performance of Tamilnadu Textile Corporation.
Tamilnadu Textile Corporation Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 56.66% increase. The company also saw a substantial improvement in profitability, with a 12.05% increase in profit. The company's net worth moved up by a moderate rise of 7.07%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Tamilnadu Textile Corporation?
In 2023, Tamilnadu Textile Corporation 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)
Tirunelveli Smart City LimitedChakravarthin Balaji is a mutual person
Tiruchirapalli Engineering And Technology ClusterBalakrishnan Krishnamoorthy is a mutual person
Tamilnadu Small Industries Corporation Limited. Kannappan is a mutual person
Overseas Manpower Corporation LimitedBalakrishnan Krishnamoorthy is a mutual person
Tamilnadu Salt Corporation LimitedVelappan Amuthavalli is a mutual person
Tamilnadu Industrial Explosives LimitedChakravarthin Balaji and Marimuthu Karthikeyan are mutual person
Charges (Loans)
₹1.77 Cr
₹0.60 Cr
Charges Breakdown by Lending Institutions
- Canara Bank : 1.77 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 06 Jun 1997 | Canara Bank | ₹3.50 M | Open |
| 06 Jun 1987 | Canara Bank | ₹3.50 M | Open |
| 19 Mar 1982 | Canara Bank | ₹1.07 Cr | Open |
| 06 Oct 1981 | State Industries Promotion Corporation Of Tamilnadu Ltd. | ₹6.00 M | Satisfied |
How Many Employees Work at Tamilnadu Textile Corporation?
Tamilnadu Textile Corporation has a workforce of 43 employees as of Oct 16, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Tamilnadu Textile 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 Textile Corporation'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.
