About Texmaco Hi-Tech Private Limited
Data last updated:
Texmaco Hi-Tech Private Limited was a private limited company based in Kolkata, West Bengal, India, operated as a subsidiary of Texmaco Rail & Engineering Limited. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the railway equipment and supply segment of the transport and logistics sector. It was incorporated on 02 March 2009.
The company was registered with the Registrar of Companies (ROC), Kolkata, under CIN U35201WB2009PTC133330. Its GSTIN is 19AADCT2106N1Z7 (West Bengal).
The company had an authorised share capital of ₹100 Cr and a paid-up capital of ₹83.45 Cr. It was formerly known as Texmaco United Group Rail Private Limited and Texmaco Ugl Rail Private Limited. It was led by directors including Indrajit Mookerjee and Ashok Kumar Vijay.
Its last annual general meeting (AGM) was held on 31 August 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office was at Belgharia, Kolkata, West Bengal, India – 700056.
As per the financials filed for FY 2018, the company reported a revenue of ₹5.65 Cr, a decline of 28% compared to the previous year. For the same year it recorded a net loss of ₹8.87 Cr (net margin -157%) and EBITDA of -₹1.73 Cr (EBITDA margin -30.6%). Revenue has declined at a compounded annual rate (CAGR) of 36% over three years.
Court records list 1 case involving the company, including 1 filed against it. The company has 6 deals on record (3 funding rounds, 3 acquisitions), with disclosed funding of ₹142.01 Cr; the latest was in September 2015.
The last known website on record is texmaco.in.
Company details
Name history
Texmaco Hi-Tech has undergone 2 name changes throughout its history. The company was previously known as Texmaco United Group Rail Private Limited, and Texmaco Ugl Rail Private Limited. The current legal name is Texmaco Hi-Tech Private Limited.
| Company Name | Status |
|---|---|
| Texmaco Hi-Tech Private Limited | Current |
| Texmaco United Group Rail Private Limited | Previous |
| Texmaco Ugl Rail Private Limited | Previous |
Contact details
Texmaco Hi-Tech Private Limited's registered office is in Kolkata, West Bengal. Its website is texmaco.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressBelgharia, Kolkata, West Bengal, India – 700056
- IndustryTransport and Logistics, Railway Equipment & Supply
To see the full contact details of Texmaco Hi-Tech Private Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Business activity
The main business activity of Texmaco Hi-Tech is manufacturing. In detail, this covers metal and metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products |
To see the full business activity and turnover split of Texmaco Hi-Tech Private Limited, buy the company report.
Financials of Texmaco Hi-Tech Private Limited
FY 2018 filings availableTexmaco Hi-Tech Private Limited reported revenue of ₹5.65 Cr (down 28% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 36% over three years, including a 28% fall in the latest year. EBITDA rose 57% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
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| EBITDA | -₹1.73 Cr | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹8.87 Cr | |||
| Balance Sheet | ||||
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Financial Ratios
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | -30.6% | |||
| Net Profit Margin | -157% | |||
| Return on Equity (ROE) | ||||
| Return on Capital Employed (ROCE) | ||||
| Return on Assets (ROA) | ||||
| Liquidity and Debt | ||||
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To see the full financial statements and ratios of Texmaco Hi-Tech Private Limited, buy the company report.
Board of directors of Texmaco Hi-Tech Private Limited
Texmaco Hi-Tech has 5 current directors and 24 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Indrajit Mookerjee | Director | 20 Feb 2016 | 10 Years 8 Months | As last reported |
| Ashok Kumar Vijay Also directs: Texmaco Rail & Engineering Limited, Magnacon Electricals India Ltd, Texmaco Transtrak Private Limited and 2 more | Director | 24 Dec 2010 | 15 Years 10 Months | As last reported |
| Damodar Hazarimal Kela | Director | 28 May 2016 | 10 Years 5 Months | As last reported |
| Rumesh Kumar Handa | Director | 20 Feb 2016 | 10 Years 8 Months | As last reported |
| Sandeep Fuller | Director | 18 Dec 2013 | 12 Years 10 Months | As last reported |
Auditor
Texmaco Hi-Tech Private Limited is audited by K N GUTGUTIA & CO for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| K N GUTGUTIA & CO | FY 2017 | 304153E |
Shareholding
The shareholding of Texmaco Hi-Tech Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Texmaco Hi-Tech Private Limited, buy the company report.
Deals & funding
Texmaco Hi-Tech Private Limited has 6 deals on record (3 funding rounds, 3 acquisitions), with disclosed funding of ₹142.01 Cr; the latest was in September 2015.
Deals on record (5 of 6)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2015 | Acquisition | Undisclosed | Buyer: Texmaco Rail & Engineering Limited Seller: United Group Rail Service Limited |
| Mar 2012 | Funding round | ₹50.51 Cr | Investors: United Group Rail Service Limited, Texmaco Rail & Engineering Limited |
| Mar 2011 | Funding round | ₹31.5 Cr | Investors: United Group Rail Service Limited, Texmaco Rail & Engineering Limited |
| Dec 2010 | Acquisition | ₹3.5 Lakh | Buyer: Texmaco Rail & Engineering Limited Seller: Texmaco Infrastructure & Holdings Limited |
| Jul 2009 | Acquisition | ₹3.5 Lakh | Buyer: Texmaco Infrastructure & Holdings Limited Seller: 2 individuals |
To see the full deal history of Texmaco Hi-Tech Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Texmaco Hi-Tech Private Limited has 1 court case on record: 1 filed against it. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court | Tax appeal | Filed against the company by Commissioner of Central Excise Kolkata III Commissionerate | Disposed |
To see the full case history of Texmaco Hi-Tech Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Texmaco Hi-Tech Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Texmaco Hi-Tech has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AADCT2106N1Z7 | West Bengal | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Texmaco Hi-Tech Private Limited, buy the company report.
Recent activity
Texmaco Hi-Tech Private Limited has 29 board changes on record since 2010: 5 appointments and 24 cessations. The latest: Ramesh Maheshwari ceased to be Director on 15 Oct 2016.
20 earlier events are in the company report.
News
Frequently asked questions
Texmaco Hi-Tech has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Texmaco Hi-Tech was a private limited company based in Kolkata, West Bengal, India. The company worked in railway equipment and supply, within the transport and logistics industry. It was incorporated on 02 March 2009 and is registered under CIN U35201WB2009PTC133330. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Texmaco Hi-Tech was incorporated on 02 March 2009. It is registered with the Registrar of Companies, Kolkata.
Texmaco Hi-Tech had 5 directors:
- Indrajit Mookerjee - Director
- Ashok Kumar Vijay - Director
- Damodar Hazarimal Kela - Director
- Rumesh Kumar Handa - Director
- Sandeep Fuller - Director
The CIN (Corporate Identification Number) of Texmaco Hi-Tech is U35201WB2009PTC133330. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Texmaco Hi-Tech is at Belgharia, Kolkata, West Bengal, India – 700056.
Texmaco Hi-Tech can be reached through the website texmaco.in. Its registered office is in Kolkata, West Bengal, India.
The latest financial statements of Texmaco Hi-Tech on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 31 August 2018. Year-wise statements from 2015 are in the company report.
The GSTIN of Texmaco Hi-Tech is 19AADCT2106N1Z7, registered in West Bengal.
Texmaco Hi-Tech operated in the transport and logistics industry, in the railway equipment and supply segment.
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