Torrecid India Private Limited

Founded in 2010 and headquartered in Gujarat, India.

2010 | Vadodara, Gujarat (India) | Active
Last Updated: December 17, 2024

Torrecid India Profile

Key Indicators

  • Authorised Capital ₹ 47.50 Cr
  • Paid Up Capital ₹ 29.98 Cr
  • Company Age 14 Year, 9 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 172.62 Cr
  • Satisfied Charges ₹ 13.27 Cr
  • Revenue Growth 39.82%
  • Profit Growth 105.19%
  • Ebitda 70.64%
  • Net Worth 29.06%
  • Total Assets 24.12%

About Torrecid India

Torrecid India Private Limited (TIPL) is a leading Private Limited Foreign Company Incorporated In India incorporated in India on 21 April 2010 and has a history of 14 years and nine months. Its registered office is in Vadodara, Gujarat, India.

The Company is engaged in the Manufacturing 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 47.50 Cr and a paid-up capital of Rs 29.98 Cr.

The company currently has active open charges totaling ₹172.62 Cr. The company has closed loans amounting to ₹13.27 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Torrecid India Private Limited India is Dimple Phulwani as COMPANY SECRETARY.

Company Details

  • Location

    Vadodara, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U26915GJ2010FTC104703

  • Company No.

    104703

  • Company Classification

    Private Limited Foreign Company Incorporated In India

  • Incorporation Date

    21 Apr 2010

  • Date of AGM

    28 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Manufacturing

What products or services does Torrecid India Private Limited offer?

Torrecid India Private Limited offers a wide range of products and services, including Dye Additives, Paint Additives, Ceramic Pigment, Ceramic Colors, Enamel Frits, Processed Minerals, Ceramic Glaze Frits, Grinding Parts, Grinding Media, Precious Metals.

Who are the key members and board of directors at Torrecid India?

Executive Team (2)

Name Designation Appointment Date Status
Dhananjay Singh Country flag representing In Managing Director 19-Sep-2022 Current
Dimple Phulwani Country flag representing In Company Secretary 12-Jul-2018 Current

Board Members (3)

Name Designation Appointment Date Status
Miguel Heras Country flag representing Es Director 21-Apr-2010 Current
Federico Michavila Country flag representing Es Director 21-Apr-2010 Current
Joao Costa Country flag representing Pt Director 21-Apr-2010 Current

Financial Performance of Torrecid India.

Torrecid India Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 39.82% increase. The company also saw a substantial improvement in profitability, with a 105.19% increase in profit. The company's net worth Soared by an impressive increase of 29.06%.

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
39.82%
Revenue from Operations
40.58%
Total Assets
24.12%
Profit or Loss
105.19%
Net Worth
29.06%
EBITDA
70.64%

What is the Ownership and Shareholding Structure of Torrecid India?

In 2022, Torrecid India had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹172.62 Cr

Satisfied Charges

₹13.27 Cr

Charges Breakdown by Lending Institutions

  • Others : 75.08 Cr
  • The Hongkong And Shanghai Banking Corporation Limited : 64.50 Cr
  • Hdfc Bank Limited : 33.04 Cr

Latest Charge Details

Date Lender Amount Status
12 Jul 2023 The Hongkong And Shanghai Banking Corporation Limited ₹29.00 Cr Open
15 Feb 2023 Others ₹27.00 Cr Open
14 Feb 2023 Hdfc Bank Limited ₹4.78 M Open
08 Jun 2022 The Hongkong And Shanghai Banking Corporation Limited ₹5.50 Cr Open
23 Feb 2022 Hdfc Bank Limited ₹14.13 Cr Open

How Many Employees Work at Torrecid India?

Torrecid India has a workforce of 146 employees as of Mar 30, 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 Torrecid India, 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 Torrecid India'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 Torrecid India

Recent activity within the organization

  • Annual General Meeting

    Torrecid India Private Limited last Annual general meeting of members was held on 28 Sep 2024 as per latest MCA records.

    28 Sep 2024

  • Balance Sheet

    Torrecid India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.

    31 Mar 2024

  • Charges

    A charge with The Hongkong And Shanghai Banking Corporation Limited of Rs. 30.00 Cr registered on 30 Oct 2018 with Charge ID 100222044 was modified on 22 Sep 2023.

    22 Sep 2023

  • Charges

    A charge registered on 20 Apr 2019 via Charge ID 100261630 with Hdfc Bank Limited was fully satisfied on 31 Aug 2023.

    31 Aug 2023

  • Charges

    A charge registered on 17 Aug 2020 via Charge ID 100363936 with Hdfc Bank Limited was fully satisfied on 09 Aug 2023.

    09 Aug 2023

  • Charges

    A charge with The Hongkong And Shanghai Banking Corporation Limited amounted to Rs. 29.00 Cr with Charge ID 100748055 was registered on 12 Jul 2023.

    12 Jul 2023

Frequently asked questions

  • Torrecid India Private Limited was incorporated on 21 Apr 2010.

  • The authorized share capital of Torrecid India Private Limited is ₹ 47.50 Cr and paid-up capital is ₹ 29.98 Cr.

  • Currently 5 directors are associated with Torrecid India Private Limited.

    • Miguel Angel Michavila Heras
    • Federico Michavila
    • Joao Antonio Costa
    • Dhananjay Singh
    • Dimple Doulatram Phulwani
  • As per Ministry of Corporate Affairs (Mca), the registered address of Torrecid India Private Limited is 29 30 31 Gidc Manjusar, Savli India, Vadodara, Gujarat, 391775.

  • The corporate identification number (CIN) of Torrecid India Private Limited is U26915GJ2010FTC104703 and the company number is 104703 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Torrecid India Private Limited is https://www.torrecid.com

  • According to the financial reports for the fiscal year 2022, the revenue trend for Torrecid India Private Limited has risen by 39.82%.

  • As Per 2022 financial reports, 146 employees are currently employed by Torrecid India Private Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Torrecid India Private Limited has experienced an upsurge of 29.06%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Torrecid India Private Limited amount to ₹ 172.62 Cr.

  • The most recent Balance Sheet for Torrecid India Private Limited was filed with the ROC on 31 Mar 2024.

Similar Companies Based on Sanitaryware & Tile