Torque Master Tools Private Limited logo

Torque Master Tools Private Limited

Manufactures industrial hand tools for heavy industries, power plants, oil, and automotive industries.
2002 | Derabassi, Punjab (India) | Active

Last Updated:

July 17, 2024
HomeCompanyTorque Master Tools Private Limited

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

Board Members(2)

NameDesignationAppointment DateStatus
Dharam Singh In Director 31-Jan-2002Current
Pushpa Singh In Director 14-Aug-2004Current

Financial Performance of Torque Master Tools.

Torque Master Tools Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 40.18% increase. The company also saw a substantial improvement in profitability, with a 70.47% increase in profit. The company's net worth Soared by an impressive increase of 16.75%.

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
40.18%
Revenue from Operations
40.78%
Total Assets
11.06%
Profit or Loss
70.47%
Net Worth
16.75%
EBITDA
19.87%

Charges (Loans)

Open Charges Satisfied Charges

₹3.45 Cr

₹1.41 Cr

LenderAmountStatus

Idbi Bank Limited

Creation Date: 31 Jan 2024
₹1.95 CrOpen

Idbi Bank Limited

Creation Date: 22 Mar 2017
₹1.50 CrOpen

Idbi Bank Limited

Creation Date: 03 Feb 2021
₹1.67 MSatisfied

How Many Employees Work at Torque Master Tools?

Torque Master Tools has a workforce of 32 employees as of Apr 07, 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.

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Latest Updates, News, and FAQs on Torque Master Tools

Recent activity within the organization

  • Charges

    A charge with Idbi Bank Limited amounted to Rs. 1.95 Cr with Charge ID 100887825 was registered on 31 Jan 2024.

    31 Jan 2024

  • Charges

    A charge with Idbi Bank Limited of Rs. 1.50 Cr registered on 22 Mar 2017 with Charge ID 100099354 was modified on 31 Jan 2024.

    31 Jan 2024

  • Annual General Meeting

    Torque Master Tools 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 Master Tools Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chandigarh.

    31 Mar 2023

  • Charges

    A charge registered on 03 Feb 2021 via Charge ID 100427455 with Idbi Bank Limited was fully satisfied on 03 Feb 2022.

    03 Feb 2022

  • Charges

    A charge registered on 03 Feb 2021 via Charge ID 100427673 with Idbi Bank Limited was fully satisfied on 16 Jun 2021.

    16 Jun 2021

Frequently asked questions

  • Torque Master Tools Private Limited was incorporated on 31 Jan 2002.

  • The authorized share capital of Torque Master Tools Private Limited is ₹ 1.00 Cr and paid-up capital is ₹ 1.00 Cr.

  • Currently 2 directors are associated with Torque Master Tools Private Limited.

    • Dharam Pal Singh
    • Pushpa Singh
  • As per Ministry of Corporate Affairs (Mca), the registered address of Torque Master Tools Private Limited is Plot No E-15 Industrial Focal Point, Derabassi, Punjab, India, 140507.

  • The corporate identification number (CIN) of Torque Master Tools Private Limited is U28939PB2002PTC047511 and the company number is 047511 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Torque Master Tools Private Limited is https://www.torquemasterindia.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Torque Master Tools Private Limited has risen by 40.18%.

  • As Per 2023 financial reports, 32 employees are currently employed by Torque Master Tools Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Torque Master Tools Private Limited has experienced an upsurge of 16.75%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Torque Master Tools Private Limited amount to ₹ 3.45 Cr.

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

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