Titan Mechatronics Profile
Key Indicators
- Authorised Capital ₹ 10.00 Cr
- Paid Up Capital ₹ 0.51 M
- Company Age 33 Year, 3 Months
- Last Filing with ROC 31 Mar 2023
- Revenue Growth 0.77%
- Profit Growth 14.00%
- Ebitda 21.94%
- Net Worth 2.67%
- Total Assets 2.66%
About Titan Mechatronics
Titan Mechatronics Limited (TML) is a Public Limited Indian Non-Government Company incorporated in India on 12 December 1991 and has a history of 33 years and three months. Its registered office is in Krishnagiri, Tamil Nadu, India.
The Company is engaged in the Consumer Goods 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 10.00 Cr and a paid-up capital of Rs 0.51 M, as per Ministry of Corporate Affairs (MCA) records.
Khushroo Kapadia, Vikram Rajaram, and Benne Dwarakanath serve as directors at the Company.
Company Details
- Location
Krishnagiri, Tamil Nadu, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U29199TZ1991PLC003561
- Company No.
003561
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
12 Dec 1991
- Date of AGM
29 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Coimbatore
Industry
Consumer Goods
Who are the key members and board of directors at Titan Mechatronics?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Benne Dwarakanath  | Director | 01-Nov-1999 | Current |
| Khushroo Kapadia | Director | 27-Sep-1993 | Current |
| Vikram Rajaram | Director | 25-Jun-2016 | Current |
Financial Performance of Titan Mechatronics.
Titan Mechatronics Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 0.77% increase. The company also saw a substantial improvement in profitability, with a 14% increase in profit. The company's net worth moved up by a moderate rise of 2.67%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Titan Mechatronics?
In 2023, Titan Mechatronics had a promoter holding of 99.92% and a public holding of 0.08%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Auto Cnc Machining LimitedBenne Dwarakanath is a mutual person
- Ace Designers Limited
Benne Dwarakanath is a mutual person
Charges (Loans)
There are no open charges registered against the company as per our records.
How Many Employees Work at Titan Mechatronics?
Unlock and access historical data on people associated with Titan Mechatronics, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Titan Mechatronics, 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 Mechatronics'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.
Latest Updates, News, and FAQs on Titan Mechatronics
Recent activity within the organization
- Annual General Meeting
Titan Mechatronics Limited last Annual general meeting of members was held on 29 Sep 2023 as per latest MCA records.
- Balance Sheet
Titan Mechatronics Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Coimbatore.
- Director Appointment
Vikram Rajaram was appointed as a Director was appointed as a Director on 25 Jun 2016 & has been associated with this company since 8 years 9 months .
- Director Appointment
Benne Gopal Rao Dwarakanath was appointed as a Director was appointed as a Director on 01 Nov 1999 & has been associated with this company since 25 years 4 months .
- Director Appointment
Khushroo Faridun Kapadia was appointed as a Director was appointed as a Director on 27 Sep 1993 & has been associated with this company since 31 years 6 months .
- Company Incorporation
Titan Mechatronics Limited was registered on 12 Dec 1991 with Roc Coimbatore & aged 33 years 3 months as per MCA records.
Recent News, Updates & Announcement
- Titan Q3 Results: Net profit rises 9% YoY to Rs 1,040 crore, misses estimates.
Titan reported a 9% YoY growth in standalone net profit at Rs 1,040 crore in Q3. Revenue from operations increased by 20% YoY to Rs 13,052 crore. EBIT for the quarter grew 11% YoY to Rs 1,478 crore. EBIT margins declined 116 basis points to 11.3%. Total income from the jewellery business rose 23% to Rs 11,709 crore..
- Titan MD Bhaskar Bhat retires, CK Venkataraman takes over.
After Bhaskar's retirement from the Board as the MD on September 30, he has been re-appointed as a Non Executive Non-Independent Director on the company Board with effect from October 1, 2019..
- Titan Q1 results: Double-digit profit growth likely.
In its pre-quarterly update, Titan reported 13 per cent jewellery sales growth in June quarter..
Frequently asked questions
What is the Incorporation or founding date of Titan Mechatronics Limited?
Titan Mechatronics Limited was incorporated on 12 Dec 1991.
What is authorized share capital and paid-up capital of Titan Mechatronics Limited?
The authorized share capital of Titan Mechatronics Limited is ₹ 10.00 Cr and paid-up capital is ₹ 0.51 M.
Who are the current board members & directors of Titan Mechatronics Limited?
Currently 3 directors are associated with Titan Mechatronics Limited.
- Khushroo Faridun Kapadia
- Vikram Rajaram
- Benne Gopal Rao Dwarakanath
What is the registered address of Titan Mechatronics Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Titan Mechatronics Limited is No 3 Sipcot Industrial Complex Hosur India, Tamilnadu, Tamil Nadu, 635126.
What is the corporate identification number (CIN) and company number of Titan Mechatronics Limited?
The corporate identification number (CIN) of Titan Mechatronics Limited is U29199TZ1991PLC003561 and the company number is 003561 as per Ministry of Corporate Affairs (MCA).
What is the official website of Titan Mechatronics Limited?
The Official website of Titan Mechatronics Limited is https://www.titan.co.in
What has been the recent revenue trend for Titan Mechatronics Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Titan Mechatronics Limited has risen by 0.77%.
What change has been observed in the net worth of Titan Mechatronics Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Titan Mechatronics Limited has experienced an upsurge of 2.67%.
When was the last Balance Sheet of Titan Mechatronics Limited filed with the ROC?
The most recent Balance Sheet for Titan Mechatronics Limited was filed with the ROC on 31 Mar 2023.
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