Travel Corporation (India) Limited

Founded in 1961 and headquartered in Maharashtra, India.

1961 | Mumbai, Maharashtra (India) | Merged
Last Updated: January 16, 2025

Travel Corporation (India) Profile

Key Indicators

  • Authorised Capital ₹ 319.43 Cr
  • Paid Up Capital ₹ 1.65 Cr
  • Company Age 63 Year, 6 Months
  • Last Filing with ROC 31 Mar 2019
  • Open Charges ₹ 169.40 Cr
  • Satisfied Charges ₹ 13.15 Cr
  • Revenue Growth -2.05%
  • Profit Growth 66.19%
  • Ebitda 59.58%
  • Net Worth 22.12%
  • Total Assets 10.85%

About Travel Corporation (India)

Travel Corporation (India) Limited (TCIL) is Amalgamated company established on 19 Jul 1961 with its office registered at Mumbai, Maharashtra, India and has been running since 63 Year, 6 Months with a paid up capital of 1.65 Cr. According to MCA records, 5 Directors and 1 Signatories are linked to this company as of 16 Jan 2025.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U63040MH1961PLC012067

  • Company No.

    012067

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    19 Jul 1961

  • Date of AGM

    06 Aug 2019

  • Date of Balance Sheet

    31 Mar 2019

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Transport and Logistics

What products or services does Travel Corporation (India) Limited offer?

Travel Corporation (India) Limited offers a wide range of products and services, including Tour Packages, Cultural Tour, Adventure Tours, Wildlife Tours, Travel Service, Hotel Bookings, Business Travel Services, Domestic Tour.

Who are the key members and board of directors at Travel Corporation (India)?

Executive Team (2)

Name Designation Appointment Date Status
Dipak Deva Country flag representing In Managing Director 27-Jan-2016 Current
Sanjay Shroff Country flag representing In CFO 01-Aug-2017 Current

Board Members (4)

Name Designation Appointment Date Status
Sunil Mathur Country flag representing In Director 21-Jul-2016 Current
Madhavan Karunakaran Country flag representing In Director 28-Oct-2009 Current
Zohra Chatterji Country flag representing In Director 21-Jul-2016 Current
Debasis Nandy Country flag representing In Director 13-Aug-2018 Current

Financial Performance of Travel Corporation (India).

Travel Corporation (India) Limited, for the financial year ended 2019, experienced Minor drop in revenue, with a 2.05% decrease. The company also saw a substantial improvement in profitability, with a 66.19% increase in profit. The company's net worth Soared by an impressive increase of 22.12%.

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
-2.05%
Revenue from Operations
-4.52%
Total Assets
10.85%
Profit or Loss
66.19%
Net Worth
22.12%
EBITDA
59.58%

What is the Ownership and Shareholding Structure of Travel Corporation (India)?

In 2019, Travel Corporation (India) had a promoter holding of 100.00%. The company had 2 Subsidiaries and 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹169.40 Cr

Satisfied Charges

₹13.15 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of India : 169.40 Cr

Latest Charge Details

Date Lender Amount Status
04 Dec 2018 State Bank Of India ₹169.40 Cr Open
19 Dec 2005 Kotak Mahindra Bank Ltd ₹6.54 M Satisfied
30 Nov 1994 Bnp Paribas ₹12.50 Cr Satisfied

How Many Employees Work at Travel Corporation (India)?

Travel Corporation (India) has a workforce of 511 employees as of Apr 10, 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 Travel Corporation (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 Travel Corporation (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 Travel Corporation (India)

Recent activity within the organization

  • Annual General Meeting

    Travel Corporation (India) Limited last Annual general meeting of members was held on 06 Aug 2019 as per latest MCA records.

    06 Aug 2019

  • Balance Sheet

    Travel Corporation (India) Limited has filed its annual Financial statements for the year ended 31 Mar 2019 with Roc Mumbai.

    31 Mar 2019

  • Charges

    A charge with State Bank Of India amounted to Rs. 169.40 Cr with Charge ID 100224699 was registered on 04 Dec 2018.

    04 Dec 2018

  • Director Appointment

    Debasis Bikash Nandy was appointed as a Director was appointed as a Director on 13 Aug 2018 & has been associated with this company since 6 years 5 months .

    13 Aug 2018

  • Director Appointment

    Sanjay Srichand Shroff was appointed as a Cfo was appointed as a Cfo on 01 Aug 2017 & has been associated with this company since 7 years 6 months .

    01 Aug 2017

  • Director Appointment

    Sunil Behari Mathur was appointed as a Director was appointed as a Director on 21 Jul 2016 & has been associated with this company since 8 years 6 months .

    21 Jul 2016

Recent News, Updates & Announcement

  • News icon
    Thomas Cook acquires TCI.

    Thomas Cook India, the country's leading travel and tourism company, has acquired 100 per cent stake in Travel Corporation India for a total consideration of Rs 182.45 crore (Rs 1.82 billion). .

    02 Dec 2006 Rediff

Frequently asked questions

  • Travel Corporation (India) Limited was incorporated on 19 Jul 1961.

  • The authorized share capital of Travel Corporation (India) Limited is ₹ 319.43 Cr and paid-up capital is ₹ 1.65 Cr.

  • Currently 6 directors are associated with Travel Corporation (India) Limited.

    • Madhavan Menon Karunakaran
    • Sunil Behari Mathur
    • Zohra Chatterji
    • Dipak Deva
    • Debasis Bikash Nandy
    • Sanjay Srichand Shroff
  • As per Ministry of Corporate Affairs (Mca), the registered address of Travel Corporation (India) Limited is 324 Dr. D.N. Road, Fort India, Mumbai, Maharashtra, 400001.

  • The corporate identification number (CIN) of Travel Corporation (India) Limited is U63040MH1961PLC012067 and the company number is 012067 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Travel Corporation (India) Limited is https://www.tci.co.in

  • According to the financial reports for the fiscal year 2019, the revenue trend for Travel Corporation (India) Limited has fallen by -2.05%.

  • As Per 2019 financial reports, 511 employees are currently employed by Travel Corporation (India) Limited.

  • The financial reports for the fiscal year 2019 indicates that The net worth of Travel Corporation (India) Limited has experienced an upsurge of 22.12%.

  • As per the financial statements for fiscal Year 2019, The total open charges for Travel Corporation (India) Limited amount to ₹ 169.40 Cr.

  • The most recent Balance Sheet for Travel Corporation (India) Limited was filed with the ROC on 31 Mar 2019.