Til Limited

Manufacturer and marketer of material handling, lifting, port, and road building equipment with global customer support.

1974 | Kolkata, West Bengal (India) | Active
Last Updated: December 07, 2024

Til Profile

Key Indicators

  • Authorised Capital ₹ 70.00 Cr
  • Paid Up Capital ₹ 66.60 Cr
  • Company Age 50 Year, 9 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 308.00 Cr
  • Satisfied Charges ₹ 2,955.59 Cr
  • Revenue Growth -16.02%
  • Profit Growth -139.61%
  • Ebitda -15250.00%
  • Net Worth -23.88%
  • Total Assets 1.27%

About Til

Til Limited (TL) is a leading Public Limited Indian Non-Government Company incorporated in India on 10 May 1974 and has a history of 50 years and nine months. Its registered office is in Kolkata, West Bengal, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 505196 and on the National Stock Exchange(NSE) under TIL.

The Corporate was formerly known as Spundish Engineers L!M!Ted. 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 2024. It's a company limited by shares with an authorized capital of Rs 70.00 Cr and a paid-up capital of Rs 66.60 Cr.

The company currently has active open charges totaling ₹308.00 Cr. The company has closed loans amounting to ₹2,955.59 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Til Limited India are Chandrani Chatterjee as COMPANY SECRETARY and Kanhaiya Gupta as Cfo. Sunil Chaturvedi, Amit Mukherjee, Ayan Banerjee, and Three other members serve as directors at the Company.

Company Details

  • Location

    Kolkata, West Bengal, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    tilindia.in

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    L74999WB1974PLC041725

  • Company No.

    041725

  • Stock Symbol

    BSE : 505196 NSE : TIL

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    10 May 1974

  • Date of AGM

    10 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Listed

  • ROC Code

    Roc Kolkata

Industry

Machinery and Equipment

What products or services does Til Limited offer?

Til Limited offers a wide range of products and services, including Cranes, Forklift & Lifting Machines, Crane, Heavy Duty Cranes, Truck Mounted Crane, Building & Construction Machines, Crushing Machines & Plants, Material Handling Machines & Systems, Loading Machinery, Warehouse Stacker.

Who are the key members and board of directors at Til?

Executive Team (2)

NameDesignationAppointment DateStatus
Chandrani Chatterjee Country flag representing In Company Secretary02-Jul-2024Current
Kanhaiya Gupta CFO07-Feb-2024Current

Board Members (6)

NameDesignationAppointment DateStatus
Sunil Chaturvedi Country flag representing In Director 24-Jan-2024Current
Amit Mukherjee Country flag representing In Director 24-Jan-2024Current
Ayan Banerjee Country flag representing In Director 24-Jan-2024Current
Saroj Punhani Country flag representing In Director 24-Jan-2024Current
Narendra Singh Country flag representing In Director 24-Jan-2024Current
Alok Tripathi Country flag representing In Director 24-Jan-2024Current

Financial Performance of Til.

Til Limited, for the financial year ended 2021, experienced significant reduction in revenue, with a 16.02% decrease. The company also saw a substantial fall in profitability, with a 139.61% decrease in profit. The company's net worth observed a substantial decline by a decrease of 23.88%.

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
-16.02%
Revenue from Operations
-16.85%
Total Assets
1.27%
Profit or Loss
-139.61%
Net Worth
-23.88%
EBITDA
-15250.00%

What is the Ownership and Shareholding Structure of Til?

In 2021, Til had a promoter holding of 56.29% and a public holding of 43.70%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹308.00 Cr

Satisfied Charges

₹2,955.59 Cr

Charges Breakdown by Lending Institutions

  • Others : 125.00 Cr
  • Axis Bank Limited : 100.00 Cr
  • State Bank Of Hyderabad : 62.00 Cr
  • Indian Overseas Bank : 21.00 Cr

Latest Charge Details

DateLenderAmountStatus
02 Jul 2024Axis Bank Limited₹100.00 CrOpen
24 Jan 2024Others₹125.00 CrOpen
24 Nov 2015State Bank Of Hyderabad₹62.00 CrOpen
07 Feb 2005Indian Overseas Bank₹21.00 CrOpen
11 Mar 2022Tata Capital Financial Services Limited₹5.47 CrSatisfied

How Many Employees Work at Til?

Til has a workforce of 357 employees as of Apr 02, 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 Til, 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 Til'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 Til

Recent activity within the organization

  • Charges

    A charge with Axis Bank Limited of Rs. 100.00 Cr registered on 02 Jul 2024 with Charge ID 100952057 was modified on 05 Nov 2024.

    05 Nov 2024

  • Annual General Meeting

    Til Limited last Annual general meeting of members was held on 10 Sep 2024 as per latest MCA records.

    10 Sep 2024

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 100.00 Cr with Charge ID 100952057 was registered on 02 Jul 2024.

    02 Jul 2024

  • Director Appointment

    Chandrani Chatterjee was appointed as a Company Secretary was appointed as a Company Secretary on 02 Jul 2024 & has been associated with this company since 7 months 21 days .

    02 Jul 2024

  • Balance Sheet

    Til Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Kolkata.

    31 Mar 2024

  • Charges

    A charge registered on 24 Dec 2020 via Charge ID 100398593 with Others was fully satisfied on 13 Mar 2024.

    13 Mar 2024

Recent News, Updates & Announcement

Frequently asked questions

  • Til Limited was incorporated on 10 May 1974.

  • The authorized share capital of Til Limited is ₹ 70.00 Cr and paid-up capital is ₹ 66.60 Cr.

  • Currently 8 directors are associated with Til Limited.

    • Sunil Kumar Chaturvedi
    • Amit Mukherjee
    • Ayan Banerjee
    • Saroj Punhani
    • Narendra Bahadur Singh
    • Chandrani Chatterjee
    • Kanhaiya Gupta
    • Alok Kumar Tripathi
  • As per Ministry of Corporate Affairs (Mca), the registered address of Til Limited is 1 Taratolla Road Garden Reach, India, Kolkata, West Bengal, 700024.

  • The corporate identification number (CIN) of Til Limited is L74999WB1974PLC041725 and the company number is 041725 as per Ministry of Corporate Affairs (MCA).

  • Yes, Til Limited is registered on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE): TIL.

  • The Official website of Til Limited is https://www.tilindia.in

  • According to the financial reports for the fiscal year 2021, the revenue trend for Til Limited has fallen by -16.02%.

  • As Per 2021 financial reports, 357 employees are currently employed by Til Limited.

  • The financial reports for the fiscal year 2021 indicates that The net worth of Til Limited has experienced an downturn of -23.88%.

  • As per the financial statements for fiscal Year 2021, The total open charges for Til Limited amount to ₹ 308.00 Cr.

  • The most recent Balance Sheet for Til Limited was filed with the ROC on 31 Mar 2024.

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