Travel Corporation (India) Limited

Organizes and manages travel experiences for individuals and groups.

2001 | Mumbai, Maharashtra (India) | Active
Last Updated: October 04, 2024

Travel Corporation (India) Profile

Key Indicators

  • Authorised Capital ₹ 300.01 Cr
  • Paid Up Capital ₹ 199.03 Cr
  • Company Age 23 Year, 10 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 15.00 Cr
  • Revenue Growth 985.55%
  • Profit Growth 45.34%
  • Ebitda 59.88%
  • Net Worth -118.90%
  • Total Assets 68.83%

About Travel Corporation (India)

Travel Corporation (India) Limited (TCIL) is a leading Public Limited Indian Non-Government Company incorporated in India on 20 April 2001 and has a history of 23 years and ten months. Its registered office is in Mumbai, Maharashtra, India.

The Corporate was formerly known as Sotc Travel Management Private Limited. The Company is engaged in the Transport And Logistics 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 300.01 Cr and a paid-up capital of Rs 199.03 Cr.

The company currently has active open charges totaling ₹15.00 Cr.

The Key Managerial Personnel (KMP) at Travel Corporation (India) Limited India are Sanjay Shroff as CFO and Satya Garimella as Company Secretary. Madhavan Karunakaran, Sunil Mathur, Zohra Chatterji, and Two other members serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    tcindia.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U63040MH2001PLC131693

  • Company No.

    131693

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    20 Apr 2001

  • Date of AGM

    22 Aug 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Transport and Logistics

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

Executive Team (3)

NameDesignationAppointment DateStatus
Dipak Deva Country flag representing In Managing Director04-Jan-2016Current
Sanjay Shroff Country flag representing In CFO26-Nov-2019Current
Satya Garimella Company SecretaryCurrent

Board Members (4)

NameDesignationAppointment DateStatus
Sunil Mathur Country flag representing In Director 25-Nov-2019Current
Madhavan Karunakaran Country flag representing In Director 25-Nov-2019Current
Zohra Chatterji Country flag representing In Director 25-Nov-2019Current
Debasis Nandy Country flag representing In Director 25-Nov-2019Current

Financial Performance of Travel Corporation (India).

Travel Corporation (India) Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 985.55% increase. The company also saw a substantial improvement in profitability, with a 45.34% increase in profit. The company's net worth observed a substantial decline by a decrease of 118.9%.

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
985.55%
Revenue from Operations
1247.99%
Total Assets
68.83%
Profit or Loss
45.34%
Net Worth
-118.90%
EBITDA
59.88%

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

In 2023, Travel Corporation (India) had a promoter holding of 99.94% and a public holding of 0.06%. The company had 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

₹15.00 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Others : 15.00 Cr

Latest Charge Details

DateLenderAmountStatus
01 Sep 2021Others₹15.00 CrOpen

How Many Employees Work at Travel Corporation (India)?

Travel Corporation (India) has a workforce of 353 employees as of Apr 05, 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 22 Aug 2023 as per latest MCA records.

    22 Aug 2023

  • Balance Sheet

    Travel Corporation (India) Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

    31 Mar 2023

  • Charges

    A charge with Others amounted to Rs. 15.00 Cr with Charge ID 100480144 was registered on 01 Sep 2021.

    01 Sep 2021

  • Director Appointment

    Madhavan Menon Karunakaran was appointed as a Director was appointed as a Director on 25 Nov 2019 & has been associated with this company since 5 years 2 months .

    25 Nov 2019

  • Director Appointment

    Sunil Behari Mathur was appointed as a Director was appointed as a Director on 25 Nov 2019 & has been associated with this company since 5 years 2 months .

    25 Nov 2019

  • Director Appointment

    Zohra Chatterji was appointed as a Director was appointed as a Director on 25 Nov 2019 & has been associated with this company since 5 years 2 months .

    25 Nov 2019

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 20 Apr 2001.

  • The authorized share capital of Travel Corporation (India) Limited is ₹ 300.01 Cr and paid-up capital is ₹ 199.03 Cr.

  • Currently 7 directors are associated with Travel Corporation (India) Limited.

    • Madhavan Menon Karunakaran
    • Sunil Behari Mathur
    • Zohra Chatterji
    • Dipak Deva
    • Debasis Bikash Nandy
    • Sanjay Srichand Shroff
    • Satya Surya Kama Sastry Garimella
  • As per Ministry of Corporate Affairs (Mca), the registered address of Travel Corporation (India) Limited is 11Th FloorMarathon Futurex N. M. Joshi Marg Lower Parel East, Mumbai, Maharashtra, India, 400013.

  • The corporate identification number (CIN) of Travel Corporation (India) Limited is U63040MH2001PLC131693 and the company number is 131693 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Travel Corporation (India) Limited is https://www.tcindia.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Travel Corporation (India) Limited has risen by 985.55%.

  • As Per 2023 financial reports, 353 employees are currently employed by Travel Corporation (India) Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Travel Corporation (India) Limited has experienced an downturn of -118.90%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Travel Corporation (India) Limited amount to ₹ 15.00 Cr.

  • The most recent Balance Sheet for Travel Corporation (India) Limited was filed with the ROC on 31 Mar 2023.