Times Guaranty Limited

Provides financial services such as lending, investing, and recovery of past dues in India.

1989 | Mumbai, Maharashtra (India) | Active
Last Updated:

Times Guaranty Profile

Key Indicators

  • Authorised Capital ₹ 25.00 Cr
  • Paid Up Capital ₹ 8.99 Cr
  • Company Age 35 Year, 4 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 four 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

  • CIN/LLPIN

    L65920MH1989PLC054398

  • Company No.

    054398

  • Stock Symbol

    BSE : 511559 NSE : TIMESGTY

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    27 Nov 1989

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Listed

  • ROC Code

    Roc Mumbai

Industry

Financial Services
Company report

Times Guaranty Limited

Explore comprehensive data for Times Guaranty Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Times Guaranty?

Executive Team (3)

NameDesignationAppointment DateStatus
Anita Malusare Country flag representing In CEO29-Mar-2017Current
Pramod Karmarkar Country flag representing In CFO31-Mar-2015Current
Muskaan Tinwala Company SecretaryCurrent

Board Members (6)

NameDesignationAppointment DateStatus
Sivakumar Sundaram Country flag representing In Director 30-Jul-1998Current
Arun Arora Country flag representing In Director 16-May-2011Current
Gopalkrishnan Ramaswamy Country flag representing In Director 30-Oct-2018Current
Mitu Nath Country flag representing In Director 03-Feb-2016Current
Anita Malusare Country flag representing In Whole-Time Director and Ceo 29-Mar-2017Current
Jayaprakash Nair Country flag representing In Director 10-Feb-2021Current

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%.

Times Guaranty revenue growth over time
Times Guaranty 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
-27.08%
Revenue from Operations
-27.91%
Total Assets
2.18%
Profit or Loss
-40.17%
Net Worth
2.21%
EBITDA
-46.45%

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.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹13.15 Cr

Satisfied Charges

₹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

DateLenderAmountStatus
18 Aug 2000The Thane Janata Sahakari Bank Ltd.₹0.20 MOpen
16 Dec 1998Abu Dhabi Commercial Bank Ltd.₹3.00 CrOpen
14 Mar 1997The Thane Janata Sahakari Bank Ltd.₹0.85 MOpen
19 Sep 1996The Thane Janata Sahakari Bank Ltd.₹0.25 MOpen
15 Jun 1995The Thane Janata Sahakari Bank Ltd.₹0.22 MOpen

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.

Employee growth trends for Times Guaranty Limited

Deals i

Graph showing company valuation over time

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

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 Times Guaranty

Recent activity within the organization

  • Annual General Meeting

    Times Guaranty Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Balance Sheet

    Times Guaranty Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

  • Director Appointment

    Jayaprakash Madhavan Nair was appointed as a Director was appointed as a Director on 10 Feb 2021 & has been associated with this company since 4 years 2 months .

  • Director Appointment

    Gopalkrishnan Ramaswamy was appointed as a Director was appointed as a Director on 30 Oct 2018 & has been associated with this company since 6 years 5 months .

  • Director Appointment

    Anita Rajendra Malusare was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 29 Mar 2017 & has been associated with this company since 8 years 16 days .

  • Director Appointment

    Mitu Samar Nath was appointed as a Director was appointed as a Director on 03 Feb 2016 & has been associated with this company since 9 years 2 months .

Frequently asked questions

  • What is the Incorporation or founding date of Times Guaranty Limited?

    Times Guaranty Limited was incorporated on 27 Nov 1989.

  • What is authorized share capital and paid-up capital of Times Guaranty Limited?

    The authorized share capital of Times Guaranty Limited is ₹ 25.00 Cr and paid-up capital is ₹ 8.99 Cr.

  • Who are the current board members & directors of Times Guaranty Limited?

    Currently 9 directors are associated with Times Guaranty Limited.

    • Sivakumar Sundaram
    • Arun Arora
    • Gopalkrishnan Ramaswamy
    • Mitu Samar Nath
    • Anita Rajendra Malusare
    • Jayaprakash Madhavan Nair
    • Anita Rajendra Malusare
    • Pramod Karmarkar
    • Muskaan Mustafa Tinwala

  • What is the registered address of Times Guaranty Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Times Guaranty Limited is 5Th Floor Times Tower Kamala Mills Compound Senapati Bapat Marg Lower Parel, India, Mumbai, Maharashtra, 400001.

  • What is the corporate identification number (CIN) and company number of Times Guaranty Limited?

    The corporate identification number (CIN) of Times Guaranty Limited is L65920MH1989PLC054398 and the company number is 054398 as per Ministry of Corporate Affairs (MCA).

  • Is Times Guaranty Limited registered with any stock exchange in India?

    Yes, Times Guaranty Limited is registered on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE): TIMESGTY.

  • What is the official website of Times Guaranty Limited?

    The Official website of Times Guaranty Limited is https://www.timesguarantylimited.com

  • What has been the recent revenue trend for Times Guaranty Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Times Guaranty Limited has fallen by -27.08%.

  • How many employees does Times Guaranty Limited currently have?

    As Per 2023 financial reports, 2 employees are currently employed by Times Guaranty Limited.

  • What change has been observed in the net worth of Times Guaranty Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Times Guaranty Limited has experienced an upsurge of 2.21%.

  • What are the total open charges for Times Guaranty Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Times Guaranty Limited amount to ₹ 13.15 Cr.

  • When was the last Balance Sheet of Times Guaranty Limited filed with the ROC?

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

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