Tvs Credit Services Limited

Provides financial services and vehicle financing across India with a large customer base.

2008 | Chennai, Tamil Nadu (India) | Active
Last Updated:

Tvs Credit Services Profile

Key Indicators

  • Authorised Capital ₹ 320.00 Cr
  • Paid Up Capital ₹ 254.66 Cr
  • Company Age 16 Year, 6 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 27,412.61 Cr
  • Satisfied Charges ₹ 19,641.25 Cr
  • Revenue Growth 50.99%
  • Profit Growth 221.93%
  • Ebitda 78.59%
  • Net Worth 48.00%
  • Total Assets 47.15%

About Tvs Credit Services

Tvs Credit Services Limited (TCSL) is a leading Public Limited Indian Non-Government Company incorporated in India on 05 November 2008 and has a history of 16 years and six months. Its registered office is in Chennai, Tamil Nadu, India.

The Corporate was formerly known as Tvs Motor Credit Limited. The Company is engaged in the Financial Services 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 320.00 Cr and a paid-up capital of Rs 254.66 Cr.

The company currently has active open charges totaling ₹27,412.61 Cr. The company has closed loans amounting to ₹19,641.25 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Tvs Credit Services Limited India are Ashish Sapra as Ceo, Roopa Kumar as Cfo, and Sreejithraj P as Company Secretary. Venu Srinivasan, Kalpana Unadkat, Sudarshan Venu, and Five other members serve as directors at the Company.

Company Details

  • Location

    Chennai, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

  • Apps

Corporate Identity Details

  • CIN/LLPIN

    U65920TN2008PLC069758

  • Company No.

    069758

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    05 Nov 2008

  • Date of AGM

    07 Aug 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Financial Services

What products or services does Tvs Credit Services Limited offer?

Tvs Credit Services Limited offers a wide range of products and services, including Industrial Batteries, Cummins Industrial Batteries, Inverter Battery, Batteries & Charge Storage Devices, Automotive Battery.

Company report

Tvs Credit Services Limited

Explore comprehensive data for Tvs Credit Services Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Tvs Credit Services?

Executive Team (3)

NameDesignationAppointment DateStatus
Ashish Sapra CEO24-Apr-2024Current
Roopa Kumar Country flag representing In CFO27-Jul-2022Current
Sreejithraj P Company Secretary24-Jul-2023Current

Board Members (8)

NameDesignationAppointment DateStatus
Venu Srinivasan Country flag representing In Director 21-Jun-2010Current
Tharavanat Suseelkumar Country flag representing In Director 03-Sep-2024Current
Deepali Joshi Country flag representing In Director 05-Sep-2024Current
Balasubramanyam Sriram Country flag representing In Director 12-Oct-2019Current
Kalpana Unadkat Country flag representing Gb Director 28-Jul-2021Current
Sudarshan Venu Country flag representing Mt Director 31-Jan-2013Current

Financial Performance of Tvs Credit Services.

Tvs Credit Services Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 50.99% increase. The company also saw a substantial improvement in profitability, with a 221.93% increase in profit. The company's net worth Soared by an impressive increase of 48%.

Tvs Credit Services revenue growth over time
Tvs Credit Services 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
50.99%
Revenue from Operations
51.31%
Total Assets
47.15%
Profit or Loss
221.93%
Net Worth
48.00%
EBITDA
78.59%

What is the Ownership and Shareholding Structure of Tvs Credit Services?

In 2023, Tvs Credit Services had a promoter holding of 88.41% and a public holding of 11.59%. The company had 3 Subsidiaries. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹27,412.61 Cr

Satisfied Charges

₹19,641.25 Cr

Charges Breakdown by Lending Institutions

  • Others : 9525.10 Cr
  • Hdfc Bank Limited : 5450.00 Cr
  • Axis Bank Limited : 3445.00 Cr
  • State Bank Of India : 2590.00 Cr
  • Indian Bank : 1700.00 Cr
  • Others : 4702.51 Cr

Latest Charge Details

DateLenderAmountStatus
24 Jun 2024Uco Bank₹1,000.00 CrOpen
12 Apr 2024Hdfc Bank Limited₹500.00 CrOpen
29 Mar 2024Others₹100.00 CrOpen
28 Mar 2024Axis Bank Limited₹800.00 CrOpen
28 Mar 2024Others₹200.00 CrOpen

How Many Employees Work at Tvs Credit Services?

Tvs Credit Services has a workforce of 18687 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.

Employee growth trends for Tvs Credit Services Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Tvs Credit Services, 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 Tvs Credit Services'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 Tvs Credit Services

Recent activity within the organization

  • Director Appointment

    Deepali Pant Rajeev Joshi was appointed as a Director was appointed as a Director on 05 Sep 2024 & has been associated with this company since 8 months 19 days .

  • Director Appointment

    Tharavanat Chandrasekharan Suseelkumar was appointed as a Director was appointed as a Director on 03 Sep 2024 & has been associated with this company since 8 months 21 days .

  • Annual General Meeting

    Tvs Credit Services Limited last Annual general meeting of members was held on 07 Aug 2024 as per latest MCA records.

  • Charges

    A charge with Uco Bank amounted to Rs. 1,000.00 Cr with Charge ID 100936376 was registered on 24 Jun 2024.

  • Charges

    A charge registered on 26 Jul 2023 via Charge ID 100762570 with Others was fully satisfied on 03 Jun 2024.

  • Charges

    A charge registered on 17 Mar 2021 via Charge ID 100435063 with Others was fully satisfied on 03 Jun 2024.

Recent News, Updates & Announcement

Frequently asked questions

  • What is the Incorporation or founding date of Tvs Credit Services Limited?

    Tvs Credit Services Limited was incorporated on 05 Nov 2008.

  • What is authorized share capital and paid-up capital of Tvs Credit Services Limited?

    The authorized share capital of Tvs Credit Services Limited is ₹ 320.00 Cr and paid-up capital is ₹ 254.66 Cr.

  • Who are the current board members & directors of Tvs Credit Services Limited?

    Currently 11 directors are associated with Tvs Credit Services Limited.

    • Venu Srinivasan
    • Kalpana Vasantrai Unadkat
    • Sudarshan Venu
    • Tharavanat Chandrasekharan Suseelkumar
    • Deepali Pant Rajeev Joshi
    • Ashish Sapra
    • Roopa Sampath Kumar
    • Sreejithraj P
    • Balasubramanyam Sriram
    • Kunnath Narayanan Radhakrishnan
    • Rajarangamani Gopalan

  • What is the registered address of Tvs Credit Services Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Tvs Credit Services Limited is Chaitanya No.12 Khadernawazkhanroad, Nungambak Kam India, Chennai, Tamil Nadu, 600006.

  • What is the corporate identification number (CIN) and company number of Tvs Credit Services Limited?

    The corporate identification number (CIN) of Tvs Credit Services Limited is U65920TN2008PLC069758 and the company number is 069758 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Tvs Credit Services Limited?

    The Official website of Tvs Credit Services Limited is https://www.tvscredit.com

  • What has been the recent revenue trend for Tvs Credit Services Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Tvs Credit Services Limited has risen by 50.99%.

  • How many employees does Tvs Credit Services Limited currently have?

    As Per 2023 financial reports, 18687 employees are currently employed by Tvs Credit Services Limited.

  • What change has been observed in the net worth of Tvs Credit Services Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Tvs Credit Services Limited has experienced an upsurge of 48.00%.

  • What are the total open charges for Tvs Credit Services Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Tvs Credit Services Limited amount to ₹ 27,412.61 Cr.

  • When was the last Balance Sheet of Tvs Credit Services Limited filed with the ROC?

    The most recent Balance Sheet for Tvs Credit Services Limited was filed with the ROC on 31 Mar 2024.

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