Torque Energy Private Limited

Manufactures tubular, industrial, automotive, solar, and lithium-ion batteries in Tamil Nadu.

2020 | Dharmapuri, Tamil Nadu (India) | Active
Last Updated: November 02, 2024

Torque Energy Profile

Key Indicators

  • Authorised Capital ₹ 10.00 Cr
  • Paid Up Capital ₹ 3.20 Cr
  • Company Age 4 Year, 8 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 6.78 Cr
  • Revenue Growth 8.17%
  • Profit Growth 64.92%
  • Ebitda 83.01%
  • Net Worth -3.94%
  • Total Assets -1.79%

About Torque Energy

Torque Energy Private Limited (TEPL) is a Private Limited Indian Non-Government Company incorporated in India on 08 June 2020 (Four years and eight months 6 days old ). Its registered office is in Dharmapuri, Tamil Nadu, India.

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 2023. It's a company limited by shares with an authorized capital of Rs 10.00 Cr and a paid-up capital of Rs 3.20 Cr.

The company currently has active open charges totaling ₹6.78 Cr.

Ramasamy Ravindran and Ravendran Kumar serve as directors at the Company.

Company Details

  • Location

    Dharmapuri, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    torqueenergy.in

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U31100TZ2020PTC033895

  • Company No.

    033895

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    08 Jun 2020

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Coimbatore

Industry

Energy and Power

What products or services does Torque Energy Private Limited offer?

Torque Energy Private Limited offers a wide range of products and services, including Batteries & Charge Storage Devices, Lithium Battery, Batteries, Tubular Battery, Inverter Battery, SMF Battery, Exide Tubular Batteries, Rechargeable Batteries, Industrial Batteries, Electric Vehicle Battery.

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

Executive Team (1)

Name Designation Appointment Date Status
Ravendran Kumar Country flag representing In Managing Director 08-Jun-2020 Current

Board Members (1)

Name Designation Appointment Date Status
Ramasamy Ravindran Country flag representing In Whole-Time Director 08-Jun-2020 Current

Financial Performance of Torque Energy.

Torque Energy Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 8.17% increase. The company also saw a substantial improvement in profitability, with a 64.92% increase in profit. The company's net worth dipped by a decrease of 3.94%.

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
8.17%
Revenue from Operations
8.18%
Total Assets
-1.79%
Profit or Loss
64.92%
Net Worth
-3.94%
EBITDA
83.01%

What is the Ownership and Shareholding Structure of Torque Energy?

Unlock access to Torque Energy'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

₹6.78 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Others : 4.00 Cr
  • City Union Bank Limited : 2.78 Cr

Latest Charge Details

Date Lender Amount Status
18 Dec 2023 Others ₹4.00 Cr Open
19 Nov 2021 City Union Bank Limited ₹2.78 Cr Open

How Many Employees Work at Torque Energy?

Torque Energy has a workforce of 27 employees as of Apr 08, 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 Torque Energy, 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 Torque Energy'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 Torque Energy

Recent activity within the organization

  • Charges

    A charge with Others amounted to Rs. 4.00 Cr with Charge ID 100861077 was registered on 18 Dec 2023.

    18 Dec 2023

  • Annual General Meeting

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

    30 Sep 2023

  • Balance Sheet

    Torque Energy Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Coimbatore.

    31 Mar 2023

  • Charges

    A charge with City Union Bank Limited of Rs. 2.78 Cr registered on 19 Nov 2021 with Charge ID 100523714 was modified on 13 Apr 2022.

    13 Apr 2022

  • Charges

    A charge with City Union Bank Limited amounted to Rs. 2.78 Cr with Charge ID 100523714 was registered on 19 Nov 2021.

    19 Nov 2021

  • Director Appointment

    Ramasamy Ravindran was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 08 Jun 2020 & has been associated with this company since 4 years 8 months .

    08 Jun 2020

Frequently asked questions

  • Torque Energy Private Limited was incorporated on 08 Jun 2020.

  • The authorized share capital of Torque Energy Private Limited is ₹ 10.00 Cr and paid-up capital is ₹ 3.20 Cr.

  • Currently 2 directors are associated with Torque Energy Private Limited.

    • Ramasamy Ravindran
    • Ravendran Pavan Kumar
  • As per Ministry of Corporate Affairs (Mca), the registered address of Torque Energy Private Limited is S/F.No 7/243 A Jetty Halli Thokkampatti, India, Dharmapuri, Tamil Nadu, 636705.

  • The corporate identification number (CIN) of Torque Energy Private Limited is U31100TZ2020PTC033895 and the company number is 033895 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Torque Energy Private Limited is https://www.torqueenergy.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Torque Energy Private Limited has risen by 8.17%.

  • As Per 2023 financial reports, 27 employees are currently employed by Torque Energy Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Torque Energy Private Limited has experienced an downturn of -3.94%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Torque Energy Private Limited amount to ₹ 6.78 Cr.

  • The most recent Balance Sheet for Torque Energy Private Limited was filed with the ROC on 31 Mar 2023.