Tangent Energies Private Limited

Manufactures and trades submersible pumps and equipment since 1984.

1984 | Indore, Madhya Pradesh (India) | Active
Last Updated: July 03, 2024

Tangent Energies Profile

Key Indicators

  • Authorised Capital ₹ 2.50 M
  • Paid Up Capital ₹ 2.00 M
  • Company Age 41 Year, 19 Days
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 5.08 M
  • Satisfied Charges ₹ 0.94 M
  • Revenue Growth 176.01%
  • Profit Growth 4467.17%
  • Ebitda 139.78%
  • Net Worth 4.22%
  • Total Assets 78.72%

About Tangent Energies

Tangent Energies Private Limited (TEPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 23 January 1984 and has a history of 41 years. Its registered office is in Indore, Madhya Pradesh, India.

The Company is engaged in the Machinery And Equipment 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 2.50 M and a paid-up capital of Rs 2.00 M.

The company currently has active open charges totaling ₹5.08 M. The company has closed loans amounting to ₹0.94 M, as per Ministry of Corporate Affairs (MCA) records.

Sumedha Vyas and Sunil Vyas serve as directors at the Company.

Company Details

  • Location

    Indore, Madhya Pradesh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U29120MP1984PTC002339

  • Company No.

    002339

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    23 Jan 1984

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Gwalior

Industry

Machinery and Equipment

What products or services does Tangent Energies Private Limited offer?

Tangent Energies Private Limited offers a wide range of products and services, including Self Priming Pump, KSB Self Priming Pump.

Who are the key members and board of directors at Tangent Energies?

Executive Team (1)

Name Designation Appointment Date Status
Sunil Vyas Country flag representing In Managing Director 01-Aug-2019 Current

Board Members (1)

Name Designation Appointment Date Status
Sumedha Vyas Country flag representing In Director 02-Sep-2002 Current

Financial Performance of Tangent Energies.

Tangent Energies Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 176.01% increase. The company also saw a substantial improvement in profitability, with a 4467.17% increase in profit. The company's net worth moved up by a moderate rise of 4.22%.

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
176.01%
Revenue from Operations
174.38%
Total Assets
78.72%
Profit or Loss
4467.17%
Net Worth
4.22%
EBITDA
139.78%

What is the Ownership and Shareholding Structure of Tangent Energies?

In 2023, Tangent Energies 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

₹5.08 M

Satisfied Charges

₹0.94 M

Charges Breakdown by Lending Institutions

  • State Bank Of India : 0.51 Cr

Latest Charge Details

Date Lender Amount Status
19 Jun 2020 State Bank Of India ₹0.24 M Open
26 Mar 1997 State Bank Of India ₹0.34 M Open
18 Dec 1984 State Bank Of India ₹4.50 M Open
24 Jul 1984 The Madhya Prdesh Financial Corporation ₹0.94 M Satisfied

How Many Employees Work at Tangent Energies?

Tangent Energies has a workforce of 4 employees as of Apr 08, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Tangent Energies, 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 Tangent Energies'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 Tangent Energies

Recent activity within the organization

  • Annual General Meeting

    Tangent Energies Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Tangent Energies Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Gwalior.

    31 Mar 2023

  • Charges

    A charge with State Bank Of India amounted to Rs. 0.24 M with Charge ID 100349654 was registered on 19 Jun 2020.

    19 Jun 2020

  • Charges

    A charge with State Bank Of India of Rs. 4.50 M registered on 18 Dec 1984 with Charge ID 90202239 was modified on 19 Jun 2020.

    19 Jun 2020

  • Director Appointment

    Sunil Vyas was appointed as a Managing Director was appointed as a Managing Director on 01 Aug 2019 & has been associated with this company since 5 years 6 months .

    01 Aug 2019

  • Director Appointment

    Sumedha Vyas was appointed as a Director was appointed as a Director on 02 Sep 2002 & has been associated with this company since 22 years 5 months .

    02 Sep 2002

Frequently asked questions

  • Tangent Energies Private Limited was incorporated on 23 Jan 1984.

  • The authorized share capital of Tangent Energies Private Limited is ₹ 2.50 M and paid-up capital is ₹ 2.00 M.

  • Currently 2 directors are associated with Tangent Energies Private Limited.

    • Sumedha Vyas
    • Sunil Vyas
  • As per Ministry of Corporate Affairs (Mca), the registered address of Tangent Energies Private Limited is Survey No 78/1/178/1/279/1 Near Mr 10 Toll Naka Behind Hotel Sheraton Kumedi, Indore, Madhya Pradesh, India, 453555.

  • The corporate identification number (CIN) of Tangent Energies Private Limited is U29120MP1984PTC002339 and the company number is 002339 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Tangent Energies Private Limited has risen by 176.01%.

  • As Per 2023 financial reports, 4 employees are currently employed by Tangent Energies Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Tangent Energies Private Limited has experienced an upsurge of 4.22%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Tangent Energies Private Limited amount to ₹ 5.08 M.

  • The most recent Balance Sheet for Tangent Energies Private Limited was filed with the ROC on 31 Mar 2023.

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