Titan Energy Systems Limited

Solar system integration and manufacturing of photovoltaic modules for on-grid and off-grid systems.

1995 | Inactive
Last Updated: May 09, 2024

Titan Energy Systems Profile

Key Indicators

  • Authorised Capital ₹ 10.55 Cr
  • Paid Up Capital ₹ 10.52 Cr
  • Company Age 30 Year, 19 Days
  • Last Filing with ROC 31 Mar 2018
  • Open Charges ₹ 162.70 Cr
  • Satisfied Charges ₹ 26.55 Cr
  • Revenue Growth %
  • Profit Growth 44.38%
  • Ebitda -178.99%
  • Net Worth -2.64%
  • Total Assets -14.69%

About Titan Energy Systems

Titan Energy Systems Limited (TESL) is Dissolved Under Section 54 company established on 13 Jan 1995 with its office registered at and has been running since 30 Year, 19 Days with a paid up capital of 10.52 Cr. According to MCA records, 4 Directors are linked to this company as of 09 May 2024.

Company Details

  • Location
    Na, Telangana
  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U31200TG1995PLC019206

  • Company No.

    019206

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    13 Jan 1995

  • Date of AGM

    29 Sep 2018

  • Date of Balance Sheet

    31 Mar 2018

  • Listing Status

    Unlisted

  • ROC Code

    Roc Hyderabad

Industry

Energy and Power

Who are the key members and board of directors at Titan Energy Systems?

Executive Team (1)

Name Designation Appointment Date Status
Santhi Chodagam Country flag representing In Managing Director 02-Feb-1995 Current

Board Members (3)

Name Designation Appointment Date Status
Chodagam Sasidhar Country flag representing In Director 01-Feb-2005 Current
Aruna Chodagam Country flag representing In Director 02-Feb-1995 Current
Chodagam Aravind Country flag representing In Director 19-Mar-2018 Current

Financial Performance of Titan Energy Systems.

Titan Energy Systems Limited, for the financial year ended 2018, experienced no change in revenue, with a 0% increase. The company also saw a substantial improvement in profitability, with a 44.38% increase in profit. The company's net worth dipped by a decrease of 2.64%.

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
Revenue from Operations
Total Assets
-14.69%
Profit or Loss
44.38%
Net Worth
-2.64%
EBITDA
-178.99%

What is the Ownership and Shareholding Structure of Titan Energy Systems?

In 2018, Titan Energy Systems had a promoter holding of 99.99%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹162.70 Cr

Satisfied Charges

₹26.55 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of India : 123.54 Cr
  • 3I Infotech Trusteeship Services Limited : 21.00 Cr
  • Barclays Bank Plc : 18.00 Cr
  • Centurion Banlk : 0.16 Cr

Latest Charge Details

Date Lender Amount Status
28 Apr 2010 Barclays Bank Plc ₹18.00 Cr Open
20 Jun 2008 3I Infotech Trusteeship Services Limited ₹21.00 Cr Open
12 Jun 2008 State Bank Of India ₹22.00 Cr Open
21 May 2008 State Bank Of India ₹9.54 Cr Open
23 Nov 2007 State Bank Of India ₹92.00 Cr Open

How Many Employees Work at Titan Energy Systems?

Titan Energy Systems has a workforce of 0 employees as of Mar 23, 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 Titan Energy Systems, 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 Titan Energy Systems'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 Titan Energy Systems

Recent activity within the organization

  • Annual General Meeting

    Titan Energy Systems Limited last Annual general meeting of members was held on 29 Sep 2018 as per latest MCA records.

    29 Sep 2018

  • Balance Sheet

    Titan Energy Systems Limited has filed its annual Financial statements for the year ended 31 Mar 2018 with Roc Hyderabad.

    31 Mar 2018

  • Director Appointment

    Chodagam Aravind was appointed as a Director was appointed as a Director on 19 Mar 2018 & has been associated with this company since 6 years 10 months .

    19 Mar 2018

  • Charges

    A charge registered on 21 Jul 1995 via Charge ID 90115176 with I R E D Agency was fully satisfied on 07 Feb 2012.

    07 Feb 2012

  • Charges

    A charge registered on 24 May 2002 via Charge ID 90119126 with State Bank Of Hyderabad was fully satisfied on 12 May 2010.

    12 May 2010

  • Charges

    A charge registered on 24 May 2002 via Charge ID 90116186 with State Bank Of Hyderabad was fully satisfied on 12 May 2010.

    12 May 2010

Recent News, Updates & Announcement

Frequently asked questions

  • Titan Energy Systems Limited was incorporated on 13 Jan 1995.

  • The authorized share capital of Titan Energy Systems Limited is ₹ 10.55 Cr and paid-up capital is ₹ 10.52 Cr.

  • Currently 4 directors are associated with Titan Energy Systems Limited.

    • Aruna Chodagam
    • Santhi Yogananda Sankara Rao Chodagam
    • Chodagam Sasidhar
    • Chodagam Aravind
  • As per Ministry of Corporate Affairs (Mca), the registered address of Titan Energy Systems Limited is 16 Aru Enclave, Tirumalghery Secunderabad Telanga India, Na, Telangana.

  • The corporate identification number (CIN) of Titan Energy Systems Limited is U31200TG1995PLC019206 and the company number is 019206 as per Ministry of Corporate Affairs (MCA).

  • The financial reports for the fiscal year 2018 indicates that The net worth of Titan Energy Systems Limited has experienced an downturn of -2.64%.

  • As per the financial statements for fiscal Year 2018, The total open charges for Titan Energy Systems Limited amount to ₹ 162.70 Cr.

  • The most recent Balance Sheet for Titan Energy Systems Limited was filed with the ROC on 31 Mar 2018.

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