Tungaloy India Private Limited

Supplier of cutting tools and cemented carbide products for various industries.

2009 | Mumbai, Maharashtra (India) | Active
Last Updated: November 15, 2024

Tungaloy India Profile

Key Indicators

  • Authorised Capital ₹ 5.50 M
  • Paid Up Capital ₹ 5.15 M
  • Company Age 15 Year, 7 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 4.22 M
  • Revenue Growth 23.18%
  • Profit Growth -13.64%
  • Ebitda -12.79%
  • Net Worth 5.52%
  • Total Assets 11.70%

About Tungaloy India

Tungaloy India Private Limited (TIPL) is a leading Private Limited Foreign Company Incorporated In India incorporated in India on 10 June 2009 and has a history of 15 years and seven months. Its registered office is in Mumbai, Maharashtra, 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 2024. It's a company limited by shares with an authorized capital of Rs 5.50 M and a paid-up capital of Rs 5.15 M.

The company currently has active open charges totaling ₹4.22 M.

Jay Shah, Yatin Zaveri, and Jacob Harpaz serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
  • Apps

Corporate Identity Details

  • CIN/LLPIN

    U51909MH2009FTC215964

  • Company No.

    215964

  • Company Classification

    Private Limited Foreign Company Incorporated In India

  • Incorporation Date

    10 Jun 2009

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Machinery and Equipment

What products or services does Tungaloy India Private Limited offer?

Tungaloy India Private Limited offers a wide range of products and services, including Cutting Tools & Milling Cutter, Cutting Tool Inserts, Drilling & Boring Equipment, Drilling Equipment, Die Casting & Investment Castings, Metal Castings, Industrial & Metal Fabrication, Structural Fabrication, Tool Adapters, Carbide Milling Cutters.

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

Executive Team (1)

NameDesignationAppointment DateStatus
Jay Shah Country flag representing In Managing Director12-Jan-2010Current

Board Members (2)

NameDesignationAppointment DateStatus
Yatin Zaveri Country flag representing In Director 11-May-2011Current
Jacob Harpaz Country flag representing Il Director 14-May-2010Current

Financial Performance of Tungaloy India.

Tungaloy India Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 23.18% increase. The company also saw a substantial fall in profitability, with a 13.64% decrease in profit. The company's net worth moved up by a moderate rise of 5.52%.

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
23.18%
Revenue from Operations
23.19%
Total Assets
11.70%
Profit or Loss
-13.64%
Net Worth
5.52%
EBITDA
-12.79%

What is the Ownership and Shareholding Structure of Tungaloy India?

In 2023, Tungaloy India had a promoter holding of 78.00% and a public holding of 22.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹4.22 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 0.42 Cr

Latest Charge Details

DateLenderAmountStatus
30 Mar 2022Hdfc Bank Limited₹4.22 MOpen

How Many Employees Work at Tungaloy India?

Tungaloy India has a workforce of 123 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 Tungaloy 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 Tungaloy 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 Tungaloy India

Recent activity within the organization

  • Annual General Meeting

    Tungaloy India Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

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

    31 Mar 2024

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 4.22 M with Charge ID 100565205 was registered on 30 Mar 2022.

    30 Mar 2022

  • Director Appointment

    Yatin Kantilal Zaveri was appointed as a Director was appointed as a Director on 11 May 2011 & has been associated with this company since 13 years 8 months .

    11 May 2011

  • Director Appointment

    Jacob Harpaz was appointed as a Director was appointed as a Director on 14 May 2010 & has been associated with this company since 14 years 8 months .

    14 May 2010

  • Director Appointment

    Jay Chandravadan Shah was appointed as a Managing Director was appointed as a Managing Director on 12 Jan 2010 & has been associated with this company since 15 years 19 days .

    12 Jan 2010

Frequently asked questions

  • Tungaloy India Private Limited was incorporated on 10 Jun 2009.

  • The authorized share capital of Tungaloy India Private Limited is ₹ 5.50 M and paid-up capital is ₹ 5.15 M.

  • Currently 3 directors are associated with Tungaloy India Private Limited.

    • Jay Chandravadan Shah
    • Yatin Kantilal Zaveri
    • Jacob Harpaz
  • As per Ministry of Corporate Affairs (Mca), the registered address of Tungaloy India Private Limited is India Bulls Finance Centre Unit -902 A 9Th Floor Tower 1 Senapati Bapat Marg Elphinston E West, Mumbai, Maharashtra, 400013.

  • The corporate identification number (CIN) of Tungaloy India Private Limited is U51909MH2009FTC215964 and the company number is 215964 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Tungaloy India Private Limited is https://www.tungaloy.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Tungaloy India Private Limited has risen by 23.18%.

  • As Per 2023 financial reports, 123 employees are currently employed by Tungaloy India Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Tungaloy India Private Limited has experienced an upsurge of 5.52%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Tungaloy India Private Limited amount to ₹ 4.22 M.

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

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