Texcel Tools & Services Private Limited

Manufactures a variety of tools for industrial use, serving clients in various industries.

2011 | Chennai, Tamil Nadu (India) | Active
Last Updated: July 31, 2024

Texcel Tools & Services Profile

Key Indicators

  • Authorised Capital ₹ 5.50 Cr
  • Paid Up Capital ₹ 4.40 Cr
  • Company Age 13 Year, 7 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 4.56 Cr
  • Revenue Growth 12.39%
  • Profit Growth -37.06%
  • Ebitda 135.82%
  • Net Worth 8.55%
  • Total Assets 16.58%

About Texcel Tools & Services

Texcel Tools & Services Private Limited (TTSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 04 July 2011 and has a history of 13 years and seven months. Its registered office is in Chennai, Tamil Nadu, 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 5.50 Cr and a paid-up capital of Rs 4.40 Cr.

The company currently has active open charges totaling ₹4.56 Cr.

Chitti Ramamoorthy, Arvind Ramamoorthy, Vishnuvaradhan, and One other member serve as directors at the Company.

Company Details

  • Location

    Chennai, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U29254TN2011PTC081335

  • Company No.

    081335

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    04 Jul 2011

  • Date of AGM

    22 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Machinery and Equipment

Who are the key members and board of directors at Texcel Tools & Services?

Board Members (4)

Name Designation Appointment Date Status
Chitti Ramamoorthy Country flag representing In Director 04-Jul-2011 Current
Arvind Ramamoorthy Country flag representing In Director 04-Jul-2011 Current
Vishnuvaradhan Country flag representing In Director 04-Jul-2011 Current
Ramamoorthy Rani Country flag representing In Whole-Time Director 04-Jul-2011 Current

Financial Performance of Texcel Tools & Services.

Texcel Tools & Services Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 12.39% increase. The company also saw a substantial fall in profitability, with a 37.06% decrease in profit. The company's net worth moved up by a moderate rise of 8.55%.

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
12.39%
Revenue from Operations
28.07%
Total Assets
16.58%
Profit or Loss
-37.06%
Net Worth
8.55%
EBITDA
135.82%

What is the Ownership and Shareholding Structure of Texcel Tools & Services?

In 2023, Texcel Tools & Services 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

₹4.56 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Others : 3.00 Cr
  • Sidbi : 0.94 Cr
  • Hdfc Bank Limited : 0.63 Cr

Latest Charge Details

Date Lender Amount Status
29 Feb 2024 Hdfc Bank Limited ₹2.46 M Open
16 Oct 2023 Hdfc Bank Limited ₹1.51 M Open
14 Aug 2023 Hdfc Bank Limited ₹1.42 M Open
12 Jun 2023 Sidbi ₹9.35 M Open
08 Dec 2022 Others ₹3.00 Cr Open

How Many Employees Work at Texcel Tools & Services?

Texcel Tools & Services has a workforce of 37 employees as of Apr 09, 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 Texcel Tools & Services, 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 Texcel Tools & Services'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 Texcel Tools & Services

Recent activity within the organization

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.25 Cr with Charge ID 100910945 was registered on 29 Feb 2024.

    29 Feb 2024

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.15 Cr with Charge ID 100837498 was registered on 16 Oct 2023.

    16 Oct 2023

  • Annual General Meeting

    Texcel Tools & Services Private Limited last Annual general meeting of members was held on 22 Sep 2023 as per latest MCA records.

    22 Sep 2023

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.14 Cr with Charge ID 100799605 was registered on 14 Aug 2023.

    14 Aug 2023

  • Charges

    A charge with Sidbi amounted to Rs. 0.94 Cr with Charge ID 100748733 was registered on 12 Jun 2023.

    12 Jun 2023

  • Balance Sheet

    Texcel Tools & Services Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chennai.

    31 Mar 2023

Frequently asked questions

  • Texcel Tools & Services Private Limited was incorporated on 04 Jul 2011.

  • The authorized share capital of Texcel Tools & Services Private Limited is ₹ 5.50 Cr and paid-up capital is ₹ 4.40 Cr.

  • Currently 4 directors are associated with Texcel Tools & Services Private Limited.

    • Chitti Babu Ramamoorthy
    • Arvind Ramamoorthy
    • Vishnuvaradhan
    • Ramamoorthy Uma Rani
  • As per Ministry of Corporate Affairs (Mca), the registered address of Texcel Tools & Services Private Limited is Plot No.Iii And Iv Arjun Nagar S M Nagar Post Thirumullaivayel, Chennai, Tamil Nadu, India, 600062.

  • The corporate identification number (CIN) of Texcel Tools & Services Private Limited is U29254TN2011PTC081335 and the company number is 081335 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Texcel Tools & Services Private Limited is https://www.texceltools.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Texcel Tools & Services Private Limited has risen by 12.39%.

  • As Per 2023 financial reports, 37 employees are currently employed by Texcel Tools & Services Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Texcel Tools & Services Private Limited has experienced an upsurge of 8.55%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Texcel Tools & Services Private Limited amount to ₹ 4.56 Cr.

  • The most recent Balance Sheet for Texcel Tools & Services Private Limited was filed with the ROC on 31 Mar 2023.