Torqon Power Drives Private Limited

Founded in 2011 and headquartered in Tamil Nadu, India.

2011 | Coimbatore, Tamil Nadu (India) | Active
Last Updated: January 09, 2025

Torqon Power Drives Profile

Key Indicators

  • Authorised Capital ₹ 1.50 Cr
  • Paid Up Capital ₹ 1.44 Cr
  • Company Age 13 Year, 1 Month
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 2.76 Cr
  • Revenue Growth -17.66%
  • Profit Growth 3089.10%
  • Ebitda 21.94%
  • Net Worth 18.24%
  • Total Assets 4.50%

About Torqon Power Drives

Torqon Power Drives Private Limited (TPDPL) is a Private Limited Indian Non-Government Company incorporated in India on 14 December 2011 and has a history of 13 years and one month. Its registered office is in Coimbatore, Tamil Nadu, India.

The Corporate was formerly known as Dmw Electric Industries Private Limited. The Company is engaged in the Energy And Power 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 1.50 Cr and a paid-up capital of Rs 1.44 Cr.

The company currently has active open charges totaling ₹2.76 Cr.

Marudhachalam Easwaramurthy and Balaji serve as directors at the Company.

Company Details

  • Location

    Coimbatore, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U31100TZ2011PTC017693

  • Company No.

    017693

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    14 Dec 2011

  • Date of AGM

    29 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Coimbatore

Industry

Energy and Power

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

Executive Team (1)

Name Designation Appointment Date Status
Marudhachalam Easwaramurthy Country flag representing In Managing Director 14-Dec-2011 Current

Board Members (1)

Name Designation Appointment Date Status
Balaji Country flag representing In Director 21-Dec-2019 Current

Financial Performance of Torqon Power Drives.

Torqon Power Drives Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 17.66% decrease. The company also saw a substantial improvement in profitability, with a 3089.1% increase in profit. The company's net worth Soared by an impressive increase of 18.24%.

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
-17.66%
Revenue from Operations
-17.78%
Total Assets
4.50%
Profit or Loss
3089.10%
Net Worth
18.24%
EBITDA
21.94%

What is the Ownership and Shareholding Structure of Torqon Power Drives?

Unlock access to Torqon Power Drives's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹2.76 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Canara Bank : 2.76 Cr

Latest Charge Details

Date Lender Amount Status
20 Dec 2023 Canara Bank ₹5.20 M Open
21 Jun 2023 Canara Bank ₹1.00 M Open
03 Oct 2012 Canara Bank ₹2.14 Cr Open

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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Torqon Power Drives, 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 Torqon Power Drives'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

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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 29 Sep 2024 as per latest MCA records.

    29 Sep 2024

  • Balance Sheet

    Torqon Power Drives Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Coimbatore.

    31 Mar 2024

  • Charges

    A charge with Canara Bank amounted to Rs. 0.52 Cr with Charge ID 100841385 was registered on 20 Dec 2023.

    20 Dec 2023

  • Charges

    A charge with Canara Bank of Rs. 2.14 Cr registered on 03 Oct 2012 with Charge ID 10388543 was modified on 08 Dec 2023.

    08 Dec 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

  • 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 1 month .

    21 Dec 2019

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.

    • Marudhachalam Easwaramurthy
    • Balaji
  • As per Ministry of Corporate Affairs (Mca), the registered address of Torqon Power Drives Private Limited is 54 Grg Chandra Gandhi Nagar, Sowripalayam India, Coimbatore, Tamil Nadu, 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 2023, the revenue trend for Torqon Power Drives Private Limited has fallen by -17.66%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Torqon Power Drives Private Limited has experienced an upsurge of 18.24%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Torqon Power Drives Private Limited amount to ₹ 2.76 Cr.

  • The most recent Balance Sheet for Torqon Power Drives Private Limited was filed with the ROC on 31 Mar 2024.

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