Tata Motors Finance Profile
Key Indicators
- Authorised Capital ₹ 6,500.00 Cr
- Paid Up Capital ₹ 4,969.39 Cr
- Company Age 32 Year, 8 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 17,000.00 Cr
- Revenue Growth 28.07%
- Profit Growth -60.22%
- Ebitda 5.75%
- Net Worth 28.78%
- Total Assets 8.69%
About Tata Motors Finance
Tata Motors Finance Limited (TMFL) is a leading Public Limited Indian Non-Government Company incorporated in India on 16 June 1992 and has a history of 32 years and eight months. Its registered office is in Mumbai, Maharashtra, India.
The Corporate was formerly known as Rajasthan Leasing Private Limited.. The Company is engaged in the Financial Services 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 6,500.00 Cr and a paid-up capital of Rs 4,969.39 Cr.
The company currently has active open charges totaling ₹17,000.00 Cr.
The Key Managerial Personnel (KMP) at Tata Motors Finance Limited India are Vinay Lavannis as Company Secretary, Ridhi Gangar serving as the Chief Financial Officer (CFO), and Samrat Gupta as the Chief Executive Officer (CEO). Nasser Munjee, Vedika Bhandarkar, Palamadai Jayakumar, and Four other members serve as directors at the Company.
Company Details
- Location
Mumbai, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U65910MH1992PLC187184
- Company No.
187184
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
16 Jun 1992
- Date of AGM
01 Aug 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc-Mumbai
Industry
Financial Services
What products or services does Tata Motors Finance Limited offer?
Tata Motors Finance Limited offers a wide range of products and services, including Home, Auto & Other Loan Services, Vehicle Loan, Commercial Vehicles Finance.
Who are the key members and board of directors at Tata Motors Finance?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Samrat Gupta  | Managing Director | 01-Jul-2023 | Current |
| Ridhi Gangar | CFO(Kmp) | 01-Jul-2023 | Current |
| Vinay Lavannis | Company Secretary | 01-Jul-2023 | Current |
Board Members (6)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Vedika Bhandarkar | Director | 11-Mar-2015 | Current |
| Pathamadai Balaji | Director | 29-Jan-2018 | Current |
| Nasser Munjee | Director | 09-Jun-2020 | Current |
| Palamadai Jayakumar | Director | 12-Oct-2020 | Current |
| Varsha Purandare | Director | 14-Sep-2021 | Current |
| Dhiman Gupta | Director | 24-May-2022 | Current |
Financial Performance of Tata Motors Finance.
Tata Motors Finance Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 28.07% increase. The company also saw a substantial fall in profitability, with a 60.22% decrease in profit. The company's net worth Soared by an impressive increase of 28.78%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Tata Motors Finance?
In 2023, Tata Motors Finance had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
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Charges (Loans)
Open Charges
₹17,000.00 Cr
Satisfied Charges
₹0
Charges Breakdown by Lending Institutions
- Vistra Itcl (India) Limited : 17000.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 26 Feb 2021 | Vistra Itcl (India) Limited | ₹2,000.00 Cr | Open |
| 16 Jul 2015 | Vistra Itcl (India) Limited | ₹15,000.00 Cr | Open |
How Many Employees Work at Tata Motors Finance?
Tata Motors Finance has a workforce of 4308 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Tata Motors Finance, 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 Tata Motors Finance'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.
Latest Updates, News, and FAQs on Tata Motors Finance
Recent activity within the organization
- Annual General Meeting
Tata Motors Finance Limited last Annual general meeting of members was held on 01 Aug 2023 as per latest MCA records.
- Balance Sheet
Tata Motors Finance Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with RoC-Mumbai.
- Charges
A charge with Vistra Itcl (India) Limited of Rs. 15,000.00 Cr registered on 16 Jul 2015 with Charge ID 10582673 was modified on 26 May 2022.
- Director Appointment
Dhiman Gupta was appointed as a Director was appointed as a Director on 24 May 2022 & has been associated with this company since 2 years 9 months .
- Director Appointment
Varsha Vasant Purandare was appointed as a Director was appointed as a Director on 14 Sep 2021 & has been associated with this company since 3 years 5 months .
- Charges
A charge with Vistra Itcl (India) Limited of Rs. 2,000.00 Cr registered on 26 Feb 2021 with Charge ID 100441279 was modified on 10 Mar 2021.
Recent News, Updates & Announcement
Frequently asked questions
What is the Incorporation or founding date of Tata Motors Finance Limited?
Tata Motors Finance Limited was incorporated on 16 Jun 1992.
What is authorized share capital and paid-up capital of Tata Motors Finance Limited?
The authorized share capital of Tata Motors Finance Limited is ₹ 6,500.00 Cr and paid-up capital is ₹ 4,969.39 Cr.
Who are the current board members & directors of Tata Motors Finance Limited?
Currently 10 directors are associated with Tata Motors Finance Limited.
- Nasser Mukhtar Munjee
- Vedika Bhandarkar
- Palamadai Sundararajan Jayakumar
- Pathamadai Balachandran Balaji
- Varsha Vasant Purandare
- Samrat Gupta
- Dhiman Gupta
- Vinay Lavannis
- Ridhi Zaveri Gangar
- Samrat Gupta
What is the registered address of Tata Motors Finance Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Tata Motors Finance Limited is 14 4Th Floor Sir H.C. Dinshaw Building, 16 Horniman Circle Fort, Mumbai, Maharashtra, India, 400001.
What is the corporate identification number (CIN) and company number of Tata Motors Finance Limited?
The corporate identification number (CIN) of Tata Motors Finance Limited is U65910MH1992PLC187184 and the company number is 187184 as per Ministry of Corporate Affairs (MCA).
What is the official website of Tata Motors Finance Limited?
The Official website of Tata Motors Finance Limited is https://www.tmf.co.in
What has been the recent revenue trend for Tata Motors Finance Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Tata Motors Finance Limited has risen by 28.07%.
How many employees does Tata Motors Finance Limited currently have?
As Per 2023 financial reports, 4308 employees are currently employed by Tata Motors Finance Limited.
What change has been observed in the net worth of Tata Motors Finance Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Tata Motors Finance Limited has experienced an upsurge of 28.78%.
What are the total open charges for Tata Motors Finance Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Tata Motors Finance Limited amount to ₹ 17,000.00 Cr.
When was the last Balance Sheet of Tata Motors Finance Limited filed with the ROC?
The most recent Balance Sheet for Tata Motors Finance Limited was filed with the ROC on 31 Mar 2023.
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