Veejay Terry Products Limited

Produces cotton and polyester blended yarns, founded in 1987 by J Vijaya Kumar.

1987 | Coimbatore, Tamil Nadu (India) | Active
Last Updated: July 04, 2024

Veejay Terry Products Profile

Key Indicators

  • Authorised Capital ₹ 5.00 Cr
  • Paid Up Capital ₹ 3.00 Cr
  • Company Age 37 Year, 7 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 12.74 Cr
  • Satisfied Charges ₹ 17.19 Cr
  • Revenue Growth -25.53%
  • Profit Growth -150.25%
  • Ebitda -116.73%
  • Net Worth -17.57%
  • Total Assets -23.85%

About Veejay Terry Products

Veejay Terry Products Limited (VTPL) is a leading Public Limited Indian Non-Government Company incorporated in India on 15 July 1987 and has a history of 37 years and seven months. Its registered office is in Coimbatore, Tamil Nadu, India.

The Company is engaged in the Manufacturing 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 5.00 Cr and a paid-up capital of Rs 3.00 Cr.

The company currently has active open charges totaling ₹12.74 Cr. The company has closed loans amounting to ₹17.19 Cr, as per Ministry of Corporate Affairs (MCA) records.

Krishnamoorthyrao Muralimohan, Mahitha Vijayakumar, Vijayakumar Janardhana, and Two other members serve as directors at the Company.

Company Details

  • Location

    Coimbatore, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    veejayterry.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U17231TZ1987PLC002004

  • Company No.

    002004

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    15 Jul 1987

  • Date of AGM

    28 Aug 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Coimbatore

Industry

Manufacturing

Who are the key members and board of directors at Veejay Terry Products?

Executive Team (1)

NameDesignationAppointment DateStatus
Vijayakumar Janardhana Country flag representing In Managing Director23-Dec-1991Current

Board Members (4)

NameDesignationAppointment DateStatus
Krishnamoorthyrao Muralimohan Country flag representing In Director 21-Feb-2022Current
Mahitha Vijayakumar Country flag representing In Director 30-Jun-2014Current
Vijayakumar Venkatkumar Country flag representing In Whole-Time Director 28-Jun-2017Current
Gurusamy Krishnakumar Country flag representing In Director 23-Jun-2023Current

Financial Performance of Veejay Terry Products.

Veejay Terry Products Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 25.53% decrease. The company also saw a substantial fall in profitability, with a 150.25% decrease in profit. The company's net worth observed a substantial decline by a decrease of 17.57%.

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
-25.53%
Revenue from Operations
-25.94%
Total Assets
-23.85%
Profit or Loss
-150.25%
Net Worth
-17.57%
EBITDA
-116.73%

What is the Ownership and Shareholding Structure of Veejay Terry Products?

In 2023, Veejay Terry Products had a promoter holding of 73.43% and a public holding of 26.57%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹12.74 Cr

Satisfied Charges

₹17.19 Cr

Charges Breakdown by Lending Institutions

  • Indian Bank : 12.74 Cr

Latest Charge Details

DateLenderAmountStatus
30 Mar 2022Indian Bank₹6.35 MOpen
15 Nov 2021Indian Bank₹3.41 CrOpen
20 Jul 2020Indian Bank₹4.90 MOpen
18 Oct 2010Indian Bank₹8.20 CrOpen
23 Feb 2011Indian Bank₹4.00 MSatisfied

How Many Employees Work at Veejay Terry Products?

Veejay Terry Products has a workforce of 145 employees as of Apr 01, 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 Veejay Terry Products, 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 Veejay Terry Products'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 Veejay Terry Products

Recent activity within the organization

  • Annual General Meeting

    Veejay Terry Products Limited last Annual general meeting of members was held on 28 Aug 2023 as per latest MCA records.

    28 Aug 2023

  • Director Appointment

    Gurusamy Krishnakumar was appointed as a Director was appointed as a Director on 23 Jun 2023 & has been associated with this company since 1 year 8 months .

    23 Jun 2023

  • Balance Sheet

    Veejay Terry Products Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Coimbatore.

    31 Mar 2023

  • Charges

    A charge with Indian Bank amounted to Rs. 0.64 Cr with Charge ID 100561982 was registered on 30 Mar 2022.

    30 Mar 2022

  • Charges

    A charge with Indian Bank of Rs. 8.20 Cr registered on 18 Oct 2010 with Charge ID 10248489 was modified on 30 Mar 2022.

    30 Mar 2022

  • Director Appointment

    Krishnamoorthyrao Muralimohan was appointed as a Director was appointed as a Director on 21 Feb 2022 & has been associated with this company since 3 years 2 days .

    21 Feb 2022

Frequently asked questions

  • Veejay Terry Products Limited was incorporated on 15 Jul 1987.

  • The authorized share capital of Veejay Terry Products Limited is ₹ 5.00 Cr and paid-up capital is ₹ 3.00 Cr.

  • Currently 5 directors are associated with Veejay Terry Products Limited.

    • Krishnamoorthyrao Muralimohan
    • Mahitha Vijayakumar
    • Vijayakumar Naidu Janardhana
    • Vijayakumar Venkatkumar
    • Gurusamy Krishnakumar
  • As per Ministry of Corporate Affairs (Mca), the registered address of Veejay Terry Products Limited is 8A T T Colony Coimbatore, Tamil Nadu, India, 641018.

  • The corporate identification number (CIN) of Veejay Terry Products Limited is U17231TZ1987PLC002004 and the company number is 002004 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Veejay Terry Products Limited is https://www.veejayterry.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Veejay Terry Products Limited has fallen by -25.53%.

  • As Per 2023 financial reports, 145 employees are currently employed by Veejay Terry Products Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Veejay Terry Products Limited has experienced an downturn of -17.57%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Veejay Terry Products Limited amount to ₹ 12.74 Cr.

  • The most recent Balance Sheet for Veejay Terry Products Limited was filed with the ROC on 31 Mar 2023.

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