Thirumalai Chemicals Limited

Chemical company producing phthalic anhydride, malic acid, maleic anhydride, and fumaric acid with innovative energy-saving methods.

1972 | Mumbai, Maharashtra (India) | Active
Last Updated: July 05, 2024

Thirumalai Chemicals Profile

Key Indicators

  • Authorised Capital ₹ 25.00 Cr
  • Paid Up Capital ₹ 10.24 Cr
  • Company Age 52 Year, 2 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 1,176.67 Cr
  • Satisfied Charges ₹ 2,854.82 Cr
  • Revenue Growth 30.20%
  • Profit Growth -21.52%
  • Ebitda -26.80%
  • Net Worth 10.82%
  • Total Assets 25.09%

About Thirumalai Chemicals

Thirumalai Chemicals Limited (TCL) was founded in India on 27 November 1972 and has a glorious history of 52 years and two months. Its registered office is in Mumbai, Maharashtra, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 500412 and on the National Stock Exchange(NSE) under TIRUMALCHM.

The Company is engaged in the Chemicals And Materials 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 25.00 Cr and a paid-up capital of Rs 10.24 Cr.

The company currently has active open charges totaling ₹1,176.67 Cr. The company has closed loans amounting to ₹2,854.82 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Thirumalai Chemicals Limited India are T Rajagopalan as COMPANY SECRETARY and Ramya Bharathram as Cfo. Rajeev Pandia, Rangaswamy Sampath, Parthasarathy Rangaswamy, and Eight other members serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    L24100MH1972PLC016149

  • Company No.

    016149

  • Stock Symbol

    BSE : 500412 NSE : TIRUMALCHM

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    27 Nov 1972

  • Date of AGM

    22 Jul 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Listed

  • ROC Code

    Roc Mumbai

Industry

Chemicals and Materials

What products or services does Thirumalai Chemicals Limited offer?

Thirumalai Chemicals Limited offers a wide range of products and services, including Industrial Chemicals & Supplies, Fragrance Chemicals, Flavours & Aromatics, Food Acidulant, Malic Acid, Chemical Intermediates, Phthalic Anhydride, Food Stabilizer, Fumaric Acid, Industrial Lubricants.

Who are the key members and board of directors at Thirumalai Chemicals?

Executive Team (3)

NameDesignationAppointment DateStatus
Parthasarathy Rangaswamy Country flag representing In Managing Director26-Sep-1990Current
Ramya Bharathram Country flag representing In Managing Director03-Nov-2014Current
T Rajagopalan Country flag representing In Company Secretary15-May-2012Current

Board Members (9)

NameDesignationAppointment DateStatus
Rajeev Pandia Country flag representing In Director 01-Aug-2018Current
Dhruv Moondhra Country flag representing In Director 10-Feb-2014Current
Bhama Krishnamurthy Country flag representing In Director 20-Mar-2020Current
Arun Ramanathan Country flag representing In Director 19-Oct-2016Current
Rangaswamy Sampath Country flag representing In Director 07-Feb-2011Current
Arun Alagappan Country flag representing In Director 27-Jul-2022Current

Financial Performance of Thirumalai Chemicals.

Thirumalai Chemicals Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 30.2% increase. The company also saw a substantial fall in profitability, with a 21.52% decrease in profit. The company's net worth Soared by an impressive increase of 10.82%.

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
30.20%
Revenue from Operations
28.45%
Total Assets
25.09%
Profit or Loss
-21.52%
Net Worth
10.82%
EBITDA
-26.80%

What is the Ownership and Shareholding Structure of Thirumalai Chemicals?

In 2023, Thirumalai Chemicals had a promoter holding of 42.07% and a public holding of 57.93%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹1,176.67 Cr

Satisfied Charges

₹2,854.82 Cr

Charges Breakdown by Lending Institutions

  • Others : 510.00 Cr
  • Standard Chartered Bank : 291.67 Cr
  • Axis Bank Limited : 250.00 Cr
  • Hdfc Bank Limited : 75.00 Cr
  • The Hongkong And Shanghai Banking Corporation Limited : 50.00 Cr

Latest Charge Details

DateLenderAmountStatus
16 Feb 2024Others₹150.00 CrOpen
01 Feb 2023Hdfc Bank Limited₹75.00 CrOpen
25 Nov 2022The Hongkong And Shanghai Banking Corporation Limited₹50.00 CrOpen
05 Aug 2022Others₹150.00 CrOpen
02 Aug 2022Axis Bank Limited₹150.00 CrOpen

How Many Employees Work at Thirumalai Chemicals?

Unlock and access historical data on people associated with Thirumalai Chemicals, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Thirumalai Chemicals, 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 Thirumalai Chemicals'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 Thirumalai Chemicals

Recent activity within the organization

  • Charges

    A charge with Others amounted to Rs. 150.00 Cr with Charge ID 100871274 was registered on 16 Feb 2024.

    16 Feb 2024

  • Charges

    A charge registered on 11 Oct 2022 via Charge ID 100621729 with Others was fully satisfied on 10 Oct 2023.

    10 Oct 2023

  • Annual General Meeting

    Thirumalai Chemicals Limited last Annual general meeting of members was held on 22 Jul 2023 as per latest MCA records.

    22 Jul 2023

  • Balance Sheet

    Thirumalai Chemicals Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

    31 Mar 2023

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 75.00 Cr with Charge ID 100673822 was registered on 01 Feb 2023.

    01 Feb 2023

  • Charges

    A charge with Standard Chartered Bank of Rs. 125.00 Cr registered on 13 Jun 2022 with Charge ID 100589383 was modified on 30 Jan 2023.

    30 Jan 2023

Frequently asked questions

  • Thirumalai Chemicals Limited was incorporated on 27 Nov 1972.

  • The authorized share capital of Thirumalai Chemicals Limited is ₹ 25.00 Cr and paid-up capital is ₹ 10.24 Cr.

  • Currently 13 directors are associated with Thirumalai Chemicals Limited.

    • Rajeev Mahendra Pandia
    • Rangaswamy Sampath
    • Parthasarathy Rangaswamy
    • Dhruv Sriratan Moondhra
    • Arun Alagappan
    • Arun Ramanathan
    • Ramachandran Ravi Shankar
    • Rajkumar Kataria
    • Bhama Krishnamurthy
    • Ramya Bharathram
    • Parameshwaran Mohanachandra Nair
    • T Rajagopalan
    • Ramya Bharathram
  • As per Ministry of Corporate Affairs (Mca), the registered address of Thirumalai Chemicals Limited is Thirumalai House Road No 29Near Sion Hill Fort, Sion East, Mumbai, Maharashtra, India, 400022.

  • The corporate identification number (CIN) of Thirumalai Chemicals Limited is L24100MH1972PLC016149 and the company number is 016149 as per Ministry of Corporate Affairs (MCA).

  • Yes, Thirumalai Chemicals Limited is registered on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE): TIRUMALCHM.

  • The Official website of Thirumalai Chemicals Limited is https://www.thirumalaichemicals.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Thirumalai Chemicals Limited has risen by 30.20%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Thirumalai Chemicals Limited has experienced an upsurge of 10.82%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Thirumalai Chemicals Limited amount to ₹ 1,176.67 Cr.

  • The most recent Balance Sheet for Thirumalai Chemicals Limited was filed with the ROC on 31 Mar 2023.

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