Torqon Power Drives Private Limited

Torqon Power Drives Private Limited

Founded in 2011 headquartered in Tamil Nadu, India.
2011 | Coimbatore, Tamil Nadu (India) | Active

Last Updated:

May 24, 2024
HomeCompanyTorqon Power Drives Private Limited

Who are the key members and board of directors at Torqon Power Drives?

Executive Team (1)

NameDesignationAppointment DateStatus
Marudhachalam Easwaramurthy InManaging Director14-Dec-2011Current

Board Members(1)

NameDesignationAppointment DateStatus
Balaji In Director 21-Dec-2019Current

Financial Performance of Torqon Power Drives.

Torqon Power Drives Private Limited, for the financial year ended 2022, experienced Minor drop in revenue, with a 2.64% decrease. The company also saw a substantial fall in profitability, with a 48.62% decrease in profit. The company's net worth moved up by a moderate rise of 0.58%.

Revenue Growth Graph
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  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metric
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
-2.64%
Revenue from Operations
-15.21%
Total Assets
5.84%
Profit or Loss
-48.62%
Net Worth
0.58%
EBITDA
-253.85%

Related Corporates (Common Directorship)

Charges (Loans)

Open Charges

₹2.05 Cr

LenderAmountStatus

Canara Bank

Creation Date: 21 Jun 2023
₹1.00 MOpen

Canara Bank

Creation Date: 03 Oct 2012
₹1.95 CrOpen

How Many Employees Work at Torqon Power Drives?

Unlock and access historical data on people associated with Torqon Power Drives, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee Graph

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Rating

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Latest Updates, News, and FAQs on Torqon Power Drives

Recent activity within the organization

  • Annual General Meeting

    Torqon Power Drives Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Charges

    A charge with Canara Bank amounted to Rs. 0.10 Cr with Charge ID 100743373 was registered on 21 Jun 2023.

    21 Jun 2023

  • Balance Sheet

    Torqon Power Drives Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Coimbatore.

    31 Mar 2023

  • Director Appointment

    Balaji was appointed as a Director was appointed as a Director on 21 Dec 2019 & has been associated with this company since 5 years 4 days .

    21 Dec 2019

  • Charges

    A charge with Canara Bank of Rs. 1.95 Cr registered on 03 Oct 2012 with Charge ID 10388543 was modified on 16 Feb 2018.

    16 Feb 2018

  • Charges

    A charge with Canara Bank amounted to Rs. 1.95 Cr with Charge ID 10388543 was registered on 03 Oct 2012.

    03 Oct 2012

Frequently asked questions

  • Torqon Power Drives Private Limited was incorporated on 14 Dec 2011.

  • The authorized share capital of Torqon Power Drives Private Limited is ₹ 1.50 Cr and paid-up capital is ₹ 1.44 Cr.

  • Currently 2 directors are associated with Torqon Power Drives Private Limited.

    • Balaji
    • Marudhachalam Easwaramurthy
  • As per Ministry of Corporate Affairs (Mca), the registered address of Torqon Power Drives Private Limited is 54 Grg Chandra Gandhi Nagar, Sowripalayam, Coimbatore, Tamil Nadu, India, 641028.

  • The corporate identification number (CIN) of Torqon Power Drives Private Limited is U31100TZ2011PTC017693 and the company number is 017693 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Torqon Power Drives Private Limited is https://www.torqon.in

  • According to the financial reports for the fiscal year 2022, the revenue trend for Torqon Power Drives Private Limited has fallen by -2.64%.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Torqon Power Drives Private Limited has experienced an upsurge of 0.58%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Torqon Power Drives Private Limited amount to ₹ 2.05 Cr.

  • The most recent Balance Sheet for Torqon Power Drives Private Limited was filed with the ROC on 31 Mar 2023.

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