Times Guaranty Profile
Key Indicators
- Authorised Capital ₹ 25.00 Cr
- Paid Up Capital ₹ 8.99 Cr
- Company Age 35 Year, 2 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 13.15 Cr
- Revenue Growth -27.08%
- Profit Growth -40.17%
- Ebitda -46.45%
- Net Worth 2.21%
- Total Assets 2.18%
About Times Guaranty
Times Guaranty Limited (TGL) is a Public Limited Indian Non-Government Company incorporated in India on 27 November 1989 and has a history of 35 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 511559 and on the National Stock Exchange(NSE) under TIMESGTY.
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 2024. It's a company limited by shares with an authorized capital of Rs 25.00 Cr and a paid-up capital of Rs 8.99 Cr.
The company currently has active open charges totaling ₹13.15 Cr.
The Key Managerial Personnel (KMP) at Times Guaranty Limited India are Anita Malusare as Ceo, Pramod Karmarkar as Cfo, and Muskaan Tinwala as Company Secretary. Sivakumar Sundaram, Arun Arora, Gopalkrishnan Ramaswamy, and Three 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
Industry
Who are the key members and board of directors at Times Guaranty?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Anita Malusare  | CEO | 29-Mar-2017 | Current |
| Pramod Karmarkar | CFO | 31-Mar-2015 | Current |
| Muskaan Tinwala | Company Secretary | Current |
Board Members (6)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Sivakumar Sundaram | Director | 30-Jul-1998 | Current |
| Arun Arora | Director | 16-May-2011 | Current |
| Gopalkrishnan Ramaswamy | Director | 30-Oct-2018 | Current |
| Mitu Nath | Director | 03-Feb-2016 | Current |
| Anita Malusare | Whole-Time Director and Ceo | 29-Mar-2017 | Current |
| Jayaprakash Nair | Director | 10-Feb-2021 | Current |
Financial Performance of Times Guaranty.
Times Guaranty Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 27.08% decrease. The company also saw a substantial fall in profitability, with a 40.17% decrease in profit. The company's net worth moved up by a moderate rise of 2.21%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Times Guaranty?
In 2023, Times Guaranty had a promoter holding of 74.92% and a public holding of 25.09%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Metropolitan Media Company LimitedSivakumar Sundaram is a mutual person
Media Research Users Council IndiaSivakumar Sundaram is a mutual person
Bennett Coleman And Company LimitedSivakumar Sundaram is a mutual person
Shree Digvijay Cement Co LimitedMitu Nath is a mutual person
Setco Auto Systems Private LimitedArun Arora is a mutual person
Times Internet LimitedMitu Nath is a mutual person
Charges (Loans)
₹13.15 Cr
₹0
Charges Breakdown by Lending Institutions
- The United Western Bank Ltd. : 5.00 Cr
- Icici Bank Ltd. : 3.00 Cr
- Abu Dhabi Commercial Bank Ltd. : 3.00 Cr
- The Karur Vysya Bank Ltd. : 2.00 Cr
- The Thane Janata Sahakari Bank Ltd. : 0.15 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 18 Aug 2000 | The Thane Janata Sahakari Bank Ltd. | ₹0.20 M | Open |
| 16 Dec 1998 | Abu Dhabi Commercial Bank Ltd. | ₹3.00 Cr | Open |
| 14 Mar 1997 | The Thane Janata Sahakari Bank Ltd. | ₹0.85 M | Open |
| 19 Sep 1996 | The Thane Janata Sahakari Bank Ltd. | ₹0.25 M | Open |
| 15 Jun 1995 | The Thane Janata Sahakari Bank Ltd. | ₹0.22 M | Open |
How Many Employees Work at Times Guaranty?
Times Guaranty has a workforce of 2 employees as of Apr 05, 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 Times Guaranty, 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 Times Guaranty'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.
