Torque Master Tools Profile
Key Indicators
- Authorised Capital ₹ 1.00 Cr
- Paid Up Capital ₹ 1.00 Cr
- Company Age 23 Year, 13 Days
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 3.45 Cr
- Satisfied Charges ₹ 1.41 Cr
- Revenue Growth 40.18%
- Profit Growth 70.47%
- Ebitda 19.87%
- Net Worth 16.75%
- Total Assets 11.06%
About Torque Master Tools
Torque Master Tools Private Limited (TMTPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 31 January 2002 and has a history of 23 years. Its registered office is in Derabassi, Punjab, India.
The Company is engaged in the Machinery And Equipment 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 1.00 Cr and a paid-up capital of Rs 1.00 Cr.
The company currently has active open charges totaling ₹3.45 Cr. The company has closed loans amounting to ₹1.41 Cr, as per Ministry of Corporate Affairs (MCA) records.
Dharam Singh and Pushpa Singh serve as directors at the Company.
Company Details
-
Location
Derabassi, Punjab, India
-
Telephone
+91-XXXXXXXXXX
- Email Address
- Website
-
Social Media
Corporate Identity Details
-
CIN/LLPIN
U28939PB2002PTC047511
-
Company No.
047511
-
Company Classification
Private Limited Indian Non-Government Company
-
Incorporation Date
31 Jan 2002
-
Date of AGM
30 Sep 2023
-
Date of Balance Sheet
31 Mar 2023
-
Listing Status
Unlisted
-
ROC Code
Roc Chandigarh
Industry
What products or services does Torque Master Tools Private Limited offer?
Torque Master Tools Private Limited offers a wide range of products and services, including Pliers, Screwdrivers & Hammers, Wrenches & Sockets, Drilling & Boring Equipment, Drilling Machine Parts, Fuses, Circuit Breakers & Components, Industrial Plug and Socket, Spanners, Door, Window Handles & Knockers, Door Handles, Screwdriver & Screwdriver Set.
Who are the key members and board of directors at Torque Master Tools?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Dharam Singh
|
Director | 31-Jan-2002 | Current |
|
Pushpa Singh
|
Director | 14-Aug-2004 | Current |
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%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metrics |
|
(FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
|
||||||
| Revenue from Operations |
|
||||||
| Total Assets |
|
||||||
| Profit or Loss |
|
||||||
| Net Worth |
|
||||||
| EBITDA |
|
What is the Ownership and Shareholding Structure of Torque Master Tools?
In 2023, Torque Master Tools had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Charges (Loans)
₹3.45 Cr
₹1.41 Cr
Charges Breakdown by Lending Institutions
- Idbi Bank Limited : 3.45 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 31 Jan 2024 | Idbi Bank Limited | ₹1.95 Cr | Open |
| 22 Mar 2017 | Idbi Bank Limited | ₹1.50 Cr | Open |
| 03 Feb 2021 | Idbi Bank Limited | ₹1.67 M | Satisfied |
| 03 Feb 2021 | Idbi Bank Limited | ₹0.75 M | Satisfied |
| 22 Mar 2017 | Idbi Bank Limited | ₹0.86 M | Satisfied |
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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Torque Master Tools, 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 Master Tools'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.
