Tamilnadu Textile Corporation Limited

Textile company selling cloth and managing textile mills and businesses in Tamil Nadu.

1969 | Coimbatore, Tamil Nadu (India) | Active
Last Updated:

Tamilnadu Textile Corporation Profile

Key Indicators

  • Authorised Capital ₹ 5.00 Cr
  • Paid Up Capital ₹ 1.54 Cr
  • Company Age 55 Year, 11 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 11 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

Home & Lifestyle

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

Executive Team (1)

NameDesignationAppointment DateStatus
Sundararajan Raghavan Country flag representing In Managing Director26-May-2022Current

Board Members (9)

NameDesignationAppointment DateStatus
Balakrishnan Krishnamoorthy Country flag representing In Nominee Director Current
Alby Varghese Country flag representing In Nominee Director 20-Jan-2024Current
Chakravarthin Balaji Country flag representing In Nominee Director 19-Jun-2018Current
Allirani Padmanabhan Country flag representing In Director 23-Jan-2023Current
Dharmendra Yadav Country flag representing In Nominee Director 19-Sep-2024Current
Velappan Amuthavalli Country flag representing In Nominee Director 08-Jul-2023Current

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%.

Tamilnadu Textile Corporation revenue growth over time
Tamilnadu Textile Corporation 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
56.66%
Revenue from Operations
69.11%
Total Assets
14.38%
Profit or Loss
12.05%
Net Worth
7.07%
EBITDA
-7.59%

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.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹1.77 Cr

Satisfied Charges

₹0.60 Cr

Charges Breakdown by Lending Institutions

  • Canara Bank : 1.77 Cr

Latest Charge Details

DateLenderAmountStatus
06 Jun 1997Canara Bank₹3.50 MOpen
06 Jun 1987Canara Bank₹3.50 MOpen
19 Mar 1982Canara Bank₹1.07 CrOpen
06 Oct 1981State Industries Promotion Corporation Of Tamilnadu Ltd.₹6.00 MSatisfied

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.

Employee growth trends for Tamilnadu Textile Corporation Limited

Deals i

Graph showing company valuation over time

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

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 Textile Corporation

Recent activity within the organization

  • Director Appointment

    Dharmendra Pratap Yadav was appointed as a Nominee Director was appointed as a Nominee Director on 19 Sep 2024 & has been associated with this company since 6 months 10 days .

  • Director Appointment

    Arunachalam Selvi was appointed as a Nominee Director was appointed as a Nominee Director on 19 Sep 2024 & has been associated with this company since 6 months 10 days .

  • Director Appointment

    Alby John Varghese was appointed as a Nominee Director was appointed as a Nominee Director on 20 Jan 2024 & has been associated with this company since 1 year 2 months .

  • Annual General Meeting

    Tamilnadu Textile Corporation Limited last Annual general meeting of members was held on 21 Dec 2023 as per latest MCA records.

  • Balance Sheet

    Tamilnadu Textile Corporation Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Coimbatore.

  • Director Appointment

    Allirani Padmanabhan was appointed as a Director was appointed as a Director on 23 Jan 2023 & has been associated with this company since 2 years 2 months .

Frequently asked questions

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

    Tamilnadu Textile Corporation Limited was incorporated on 24 Apr 1969.

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

    The authorized share capital of Tamilnadu Textile Corporation Limited is ₹ 5.00 Cr and paid-up capital is ₹ 1.54 Cr.

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

    Currently 10 directors are associated with Tamilnadu Textile Corporation Limited.

    • Chakravarthin Rajagopala Balaji
    • Allirani Padmanabhan
    • Dharmendra Pratap Yadav
    • Velappan Amuthavalli
    • Alby John Varghese
    • Balakrishnan Krishnamoorthy
    • Sundararajan Raghavan
    • Marimuthu Karthikeyan
    • Arunachalam Selvi
    • Shanmugam Kannappan

  • What is the registered address of Tamilnadu Textile Corporation Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Tamilnadu Textile Corporation Limited is 201B Alagesan Road Saibaba Colony, India, Coimbatore, Tamil Nadu, 641011.

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

    The corporate identification number (CIN) of Tamilnadu Textile Corporation Limited is U17111TZ1969SGC004374 and the company number is 004374 as per Ministry of Corporate Affairs (MCA).

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

    According to the financial reports for the fiscal year 2023, the revenue trend for Tamilnadu Textile Corporation Limited has risen by 56.66%.

  • How many employees does Tamilnadu Textile Corporation Limited currently have?

    As Per 2023 financial reports, 43 employees are currently employed by Tamilnadu Textile Corporation Limited.

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

    The financial reports for the fiscal year 2023 indicates that The net worth of Tamilnadu Textile Corporation Limited has experienced an upsurge of 7.07%.

  • What are the total open charges for Tamilnadu Textile Corporation Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Tamilnadu Textile Corporation Limited amount to ₹ 1.77 Cr.

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

    The most recent Balance Sheet for Tamilnadu Textile Corporation Limited was filed with the ROC on 31 Mar 2023.

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