Tvs Srichakra Limited

Manufacturer of tires for two and three-wheelers, serving global clients and exporting to multiple countries.

1982 | Madurai, Tamil Nadu (India) | Active
Last Updated: June 30, 2024

Tvs Srichakra Profile

Key Indicators

  • Authorised Capital ₹ 10.00 Cr
  • Paid Up Capital ₹ 7.66 Cr
  • Company Age 42 Year, 8 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 1,147.75 Cr
  • Satisfied Charges ₹ 217.41 Cr
  • Revenue Growth 17.12%
  • Profit Growth 68.68%
  • Ebitda 33.50%
  • Net Worth 5.64%
  • Total Assets 2.54%

About Tvs Srichakra

Tvs Srichakra Limited (TSL) is a leading Public Limited Indian Non-Government Company incorporated in India on 02 June 1982 and has a history of 42 years and eight months. Its registered office is in Madurai, Tamil Nadu, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 509243 and on the National Stock Exchange(NSE) under TVSSRICHAK.

The Corporate was formerly known as Srichakra Tyrs Limited. The Company is engaged in the Automotive 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 10.00 Cr and a paid-up capital of Rs 7.66 Cr.

The company currently has active open charges totaling ₹1,147.75 Cr. The company has closed loans amounting to ₹217.41 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Tvs Srichakra Limited India are Rajagopalan Balasubramanian as CFO and Chinmoy Patnaik as Company Secretary. Venkatraman Ramakrishnan, Piyush Munot, Ramachandhran Naresh, and Six other members serve as directors at the Company.

Company Details

  • Location

    Madurai, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    tvseurogrip.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    L25111TN1982PLC009414

  • Company No.

    009414

  • Stock Symbol

    BSE : 509243 NSE : TVSSRICHAK

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    02 Jun 1982

  • Date of AGM

    20 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Listed

  • ROC Code

    Roc Chennai

Industry

Automotive

What products or services does Tvs Srichakra Limited offer?

Tvs Srichakra Limited offers a wide range of products and services, including Tyre, Tube & Flaps, Commercial Vehicle Tyres, Tractor Tyres, Tyre Tube, Off Road Tyres, Motorcycle Tyres, Bike Tyres, Two Wheeler Tyres, Tractor Rear Tyre.

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

Executive Team (4)

NameDesignationAppointment DateStatus
Rajagopalan Balasubramanian Country flag representing In CFO13-Nov-2019Current
Ramachandhran Naresh Country flag representing In Managing Director02-Jun-1982Current
Shobhana Ramachandhran Country flag representing In Managing Director28-Mar-1986Current
Chinmoy Patnaik Company Secretary20-Oct-2022Current

Board Members (7)

NameDesignationAppointment DateStatus
Sargunaraj Ravichandran Country flag representing In Director 30-Mar-2009Current
Venkatraman Ramakrishnan Country flag representing In Director 24-May-2014Current
Piyush Munot Country flag representing In Director 01-Mar-2024Current
Rasesh Doshi Country flag representing In Director 24-May-2014Current
Saraswathi Mathangi Country flag representing In Director 01-Apr-2020Current
Ashok Srinivasan Country flag representing Sg Director 01-Mar-2024Current

Financial Performance of Tvs Srichakra.

Tvs Srichakra Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 17.12% increase. The company also saw a substantial improvement in profitability, with a 68.68% increase in profit. The company's net worth moved up by a moderate rise of 5.64%.

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
17.12%
Revenue from Operations
17.08%
Total Assets
2.54%
Profit or Loss
68.68%
Net Worth
5.64%
EBITDA
33.50%

What is the Ownership and Shareholding Structure of Tvs Srichakra?

In 2022, Tvs Srichakra had a promoter holding of 45.37% and a public holding of 54.63%. 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

₹1,147.75 Cr

Satisfied Charges

₹217.41 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of India : 584.00 Cr
  • Axis Bank Limited : 333.75 Cr
  • Hdfc Bank Limited : 150.00 Cr
  • Others : 80.00 Cr

Latest Charge Details

DateLenderAmountStatus
11 Oct 2023Others₹8.00 CrOpen
03 Oct 2023Others₹72.00 CrOpen
11 Aug 2023Axis Bank Limited₹93.75 CrOpen
31 Jan 2022Hdfc Bank Limited₹75.00 CrOpen
03 Aug 2021Axis Bank Limited₹240.00 CrOpen

How Many Employees Work at Tvs Srichakra?

Tvs Srichakra has a workforce of 3053 employees as of Apr 08, 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 Tvs Srichakra, 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 Srichakra'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 Srichakra

Recent activity within the organization

  • Director Appointment

    Piyush Jinendrakumar Munot was appointed as a Director was appointed as a Director on 01 Mar 2024 & has been associated with this company since 11 months 22 days .

    01 Mar 2024

  • Director Appointment

    Ashok Srinivasan was appointed as a Director was appointed as a Director on 01 Mar 2024 & has been associated with this company since 11 months 22 days .

    01 Mar 2024

  • Charges

    A charge registered on 31 Jan 2017 via Charge ID 100086141 with Others was fully satisfied on 19 Oct 2023.

    19 Oct 2023

  • Charges

    A charge with Others amounted to Rs. 8.00 Cr with Charge ID 100810369 was registered on 11 Oct 2023.

    11 Oct 2023

  • Charges

    A charge with Others amounted to Rs. 72.00 Cr with Charge ID 100792886 was registered on 03 Oct 2023.

    03 Oct 2023

  • Annual General Meeting

    Tvs Srichakra Limited last Annual general meeting of members was held on 20 Sep 2023 as per latest MCA records.

    20 Sep 2023

Frequently asked questions

  • Tvs Srichakra Limited was incorporated on 02 Jun 1982.

  • The authorized share capital of Tvs Srichakra Limited is ₹ 10.00 Cr and paid-up capital is ₹ 7.66 Cr.

  • Currently 11 directors are associated with Tvs Srichakra Limited.

    • Venkatraman Ramakrishnan
    • Piyush Jinendrakumar Munot
    • Ramachandhran Naresh
    • Shobhana Ramachandhran
    • Rasesh Rasiklal Doshi
    • Sargunaraj Ravichandran
    • Saraswathi Venkataraman Mathangi
    • Ashok Srinivasan
    • Padmanabhan Srinivasavaradhan
    • Rajagopalan Balasubramanian
    • Chinmoy Patnaik
  • As per Ministry of Corporate Affairs (Mca), the registered address of Tvs Srichakra Limited is Tvs Building., 7-B West Veli Street, Madurai, Tamil Nadu, India, 625001.

  • The corporate identification number (CIN) of Tvs Srichakra Limited is L25111TN1982PLC009414 and the company number is 009414 as per Ministry of Corporate Affairs (MCA).

  • Yes, Tvs Srichakra Limited is registered on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE): TVSSRICHAK.

  • The Official website of Tvs Srichakra Limited is https://www.tvseurogrip.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Tvs Srichakra Limited has risen by 17.12%.

  • As Per 2023 financial reports, 3053 employees are currently employed by Tvs Srichakra Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Tvs Srichakra Limited has experienced an upsurge of 5.64%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Tvs Srichakra Limited amount to ₹ 1,147.75 Cr.

  • The most recent Balance Sheet for Tvs Srichakra Limited was filed with the ROC on 31 Mar 2023.

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