Tara Chand Industries Limited

A company with a hospitality business and steel material handling, also involved in construction and logistics.

1995 | Ut, Chandigarh (India) | Active
Last Updated: June 17, 2024

Tara Chand Industries Profile

Key Indicators

  • Authorised Capital ₹ 5.00 Cr
  • Paid Up Capital ₹ 4.28 Cr
  • Company Age 29 Year, 1 Month
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 36.78 Cr
  • Satisfied Charges ₹ 42.24 Cr
  • Revenue Growth 47.64%
  • Profit Growth 28.29%
  • Ebitda 47.87%
  • Net Worth 34.57%
  • Total Assets 38.80%

About Tara Chand Industries

Tara Chand Industries Limited (TCIL) is a leading Public Limited Indian Non-Government Company incorporated in India on 13 December 1995 and has a history of 29 years and one month. Its registered office is in Ut, Chandigarh, India.

The Company is engaged in the Travel And Hospitality 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 4.28 Cr.

The company currently has active open charges totaling ₹36.78 Cr. The company has closed loans amounting to ₹42.24 Cr, as per Ministry of Corporate Affairs (MCA) records.

Himanshu Aggarwal, Vinay Kumar, Ajay Kumar, and One other member serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    U55101CH1995PLC017435

  • Company No.

    017435

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    13 Dec 1995

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chandigarh

Industry

Travel and Hospitality
Engineering

Who are the key members and board of directors at Tara Chand Industries?

Executive Team (1)

Name Designation Appointment Date Status
Vinay Kumar Country flag representing In Managing Director 13-Dec-1995 Current

Board Members (3)

Name Designation Appointment Date Status
Himanshu Aggarwal Country flag representing In Director 03-Jun-2008 Current
Ajay Kumar Country flag representing In Director 13-Dec-1995 Current
Arnav Aggarwal Country flag representing In Director 10-May-2022 Current

Financial Performance of Tara Chand Industries.

Tara Chand Industries Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 47.64% increase. The company also saw a substantial improvement in profitability, with a 28.29% increase in profit. The company's net worth Soared by an impressive increase of 34.57%.

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
47.64%
Revenue from Operations
45.36%
Total Assets
38.80%
Profit or Loss
28.29%
Net Worth
34.57%
EBITDA
47.87%

What is the Ownership and Shareholding Structure of Tara Chand Industries?

In 2023, Tara Chand Industries had a promoter holding of 77.50% and a public holding of 22.50%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹36.78 Cr

Satisfied Charges

₹42.24 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of India : 15.12 Cr
  • Hdfc Bank Limited : 8.00 Cr
  • Tata Capital Financial Services Limited : 7.93 Cr
  • Others : 4.50 Cr
  • Axis Bank Limited : 1.23 Cr

Latest Charge Details

Date Lender Amount Status
02 Jan 2024 State Bank Of India ₹15.12 Cr Open
18 Dec 2023 Tata Capital Financial Services Limited ₹2.93 Cr Open
03 Jan 2023 Others ₹2.70 Cr Open
30 Aug 2022 Others ₹1.80 Cr Open
20 Jul 2022 Tata Capital Financial Services Limited ₹5.00 Cr Open

How Many Employees Work at Tara Chand Industries?

Tara Chand Industries has a workforce of 58 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 Tara Chand Industries, 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 Tara Chand Industries'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 Tara Chand Industries

Recent activity within the organization

  • Charges

    A charge with State Bank Of India amounted to Rs. 15.12 Cr with Charge ID 100836688 was registered on 02 Jan 2024.

    02 Jan 2024

  • Charges

    A charge with Tata Capital Financial Services Limited amounted to Rs. 2.93 Cr with Charge ID 100836720 was registered on 18 Dec 2023.

    18 Dec 2023

  • Annual General Meeting

    Tara Chand Industries Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Tara Chand Industries Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chandigarh.

    31 Mar 2023

  • Charges

    A charge with Others amounted to Rs. 2.70 Cr with Charge ID 100701693 was registered on 03 Jan 2023.

    03 Jan 2023

  • Charges

    A charge with Others amounted to Rs. 1.80 Cr with Charge ID 100605390 was registered on 30 Aug 2022.

    30 Aug 2022

Frequently asked questions

  • Tara Chand Industries Limited was incorporated on 13 Dec 1995.

  • The authorized share capital of Tara Chand Industries Limited is ₹ 5.00 Cr and paid-up capital is ₹ 4.28 Cr.

  • Currently 4 directors are associated with Tara Chand Industries Limited.

    • Himanshu Aggarwal
    • Vinay Kumar
    • Ajay Kumar
    • Arnav Aggarwal
  • As per Ministry of Corporate Affairs (Mca), the registered address of Tara Chand Industries Limited is 342 Industrial Areaphase I Chandigarh, Ut, India.

  • The corporate identification number (CIN) of Tara Chand Industries Limited is U55101CH1995PLC017435 and the company number is 017435 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Tara Chand Industries Limited is https://www.pallavihotelsandresorts.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Tara Chand Industries Limited has risen by 47.64%.

  • As Per 2023 financial reports, 58 employees are currently employed by Tara Chand Industries Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Tara Chand Industries Limited has experienced an upsurge of 34.57%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Tara Chand Industries Limited amount to ₹ 36.78 Cr.

  • The most recent Balance Sheet for Tara Chand Industries Limited was filed with the ROC on 31 Mar 2023.

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