Time Master India Private Limited

Time Master India Private Limited - consumer goods in New Delhi, Delhi, India. Directors, charges & compliance details.
CIN U74899DL1994PTC060706 Incorporated 05 August 1994 ROC Delhi HQ New Delhi, Delhi, India
Merged Private Limited Company consumer goods
Data last updated
Revenue · FY 2019
₹3.31 Lakh
▼ 34% YoY
Net loss · FY 2019
₹10.16 Lakh
Net margin -306.7%
EBITDA · FY 2019
-₹10.16 Lakh
EBITDA margin -306.7%
Authorised capital
₹10 Cr
Registered with MCA
Paid-up capital
₹8.4 Cr
Issued & subscribed
Company age
32 yrs
Est. 1994
Directors on board
2
As per MCA filings
Last financials
Mar 2019
Balance sheet date

About Time Master India Private Limited

Data last updated:

Time Master India Private Limited was a private limited company based in New Delhi, Delhi, India, operated as a subsidiary of Tmx Limited N.V.. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the watches and jewelry manufacturing segment of the consumer goods sector. It was incorporated on 05 August 1994.

The company was registered with the Registrar of Companies (ROC), Delhi, under CIN U74899DL1994PTC060706.

The company had an authorised share capital of ₹10 Cr and a paid-up capital of ₹8.4 Cr. It was led by directors Naresh Kumar and Sunil Kumar Mehta.

Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office was at 48/5 Basant Lok Vasant Vihar, New Delhi, Delhi, India – 110057.

As per the financials filed for FY 2019, the company reported a revenue of ₹3.31 Lakh, a decline of 34% compared to the previous year. For the same year it recorded a net loss of ₹10.16 Lakh (net margin -306.7%) and EBITDA of -₹10.16 Lakh (EBITDA margin -306.7%). Revenue has declined at a compounded annual rate (CAGR) of 20% over three years.

Court records list 3 cases involving the company, including 2 filed by the company and 1 filed against it; 1 case is pending.

Company details

CIN U74899DL1994PTC060706
Registration Number 060706
Incorporation Date 05 August 1994
ROC Delhi
Listing Status Unlisted
Company Status Amalgamated
Date of Last AGM 30 September 2019
Date of Balance Sheet 31 March 2019
Parent Company Tmx Limited N.V.
Compliance Status Active Compliant

Contact details

Time Master India Private Limited's registered office is in New Delhi, Delhi. Its e-mail address is in the company report.

  • Email
  • Registered Address
    48/5 Basant Lok Vasant Vihar, New Delhi, Delhi, India – 110057
  • Industry
    Consumer Goods, Watches & Jewelry Manufacturing

To see the full contact details of Time Master India Private Limited, buy the company report.

Comprehensive company report
Time Master India Private Limited - one report that includes everything
  • 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
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Business activity

The main business activity of Time Master India is manufacturing. In detail, this covers other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC13Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities

Financials of Time Master India Private Limited

FY 2019 filings available

Time Master India Private Limited reported revenue of ₹3.31 Lakh (down 34% YoY) for FY 2019.

Revenue · FY 2019
₹3.31 Lakh ▼ 34%
Net loss · FY 2019
₹10.16 Lakh margin -306.7%
EBITDA · FY 2019
-₹10.16 Lakh margin -306.7%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 34%
3 years · compounded
▼ 20%
EBITDA CAGR growth
1 year
▲ 48%
3 years · compounded
▼ 169%

Revenue has declined at a compounded annual rate (CAGR) of 20% over three years, including a 34% fall in the latest year. EBITDA rose 48% 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

MetricsFY 2018-19FY 2017-18FY 2016-17FY 2015-16FY 2014-15
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue₹3.31 Lakh
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA-₹10.16 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹10.16 Lakh
Balance Sheet
Share Capital
Reserves and Surplus
Net Worth (Total Equity)
Long-term Borrowings
Short-term Borrowings
Trade Payables
Total Liabilities
Fixed Assets
Investments
Inventories
Trade Receivables
Cash and Bank Balance
Total Assets

Financial Ratios

MetricsFY 2018-19FY 2017-18FY 2016-17FY 2015-16FY 2014-15
Profitability
EBITDA Margin-306.7%
Net Profit Margin-306.7%
Return on Equity (ROE)
Return on Capital Employed (ROCE)
Return on Assets (ROA)
Liquidity and Debt
Current Ratio
Quick Ratio
Debt-to-Equity Ratio
Interest Coverage Ratio
Efficiency and Growth
Asset Turnover
Receivable Days
Payable Days
Inventory Days
Revenue Growth
Net Profit Growth

To see the full financial statements and ratios of Time Master India Private Limited, buy the company report.

Board of directors of Time Master India Private Limited

Time Master India has 2 current directors and 12 former directors. Current directors are listed first, with their designation and appointment date.

Directors (as last reported)
NameDesignationAppointment DateTenureStatus
Naresh KumarAdditional Director14 Nov 20196 Years 11 MonthsAs last reported
Sunil Kumar MehtaAdditional Director14 Nov 20196 Years 11 MonthsAs last reported

Peer comparison

Time Master India Private Limited is compared with the 3 companies closest to it by revenue in the Consumer Products industry (Watches and Jewellery Manufacturers), with the same principal business activity (other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Igje Private Limited₹3.4 Lakh (FY 2024)Secunderabad, Telangana, India
Time Master India Private Limitedthis company₹3.31 Lakh (FY 2019)-₹10.16 Lakh-306.7%-34.0%New Delhi, Delhi, India
Cibi Diamonds India Private Limited₹3.28 Lakh (FY 2024)287.0%Tirupur, Tamil Nadu, India
New Lakshmi Jewellery Private Limited₹3.26 Lakh (FY 2017)5.0%Tiruchirappalli, Tamil Nadu, India

To see the full peer comparison of Time Master India Private Limited, buy the company report.

Auditor

Time Master India Private Limited is audited by A P U & COMPANY for the financial year 2019.

Auditor firmFinancial yearFirm registration number
A P U & COMPANYFY 2019019542N

Shareholding

The shareholding of Time Master India Private Limited is on record for 3 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2019FY 2017FY 2016
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Time Master India Private Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Time Master India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

No GST registration is on our record for Time Master India Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.

Recent activity

Time Master India Private Limited has 13 board changes on record since 2007: 2 appointments and 11 cessations. The latest: Amit Jain ceased to be Director on 18 Nov 2019.

Ceased
Amit Jain ceased to be Director.
Ceased
Dhiraj Kumar Maggo ceased to be Director.
Ceased
David Thomas Payne ceased to be Director.
Appointed
Naresh Kumar was appointed as Additional Director.
Appointed
Sunil Kumar Mehta was appointed as Additional Director.
AGM
Time Master India Private Limited last Annual general meeting of members was held on 30 Sep 2019 as per latest MCA records.
Filing
Time Master India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2019 with Roc Delhi.
Ceased
Shilpa Verma ceased to be Director.
Ceased
Ryan Todd Roth ceased to be Director.
Ceased
Frank Audemars Sherer ceased to be Director.
Ceased
Rahul Sood ceased to be Alternate Director.
Ceased
Milan Kumar Bandyopadhyay ceased to be Additional Director.

4 earlier events are in the company report.

Frequently asked questions

Time Master India 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.

Time Master India was a private limited company based in New Delhi, Delhi, India. The company worked in watches and jewelry manufacturing, within the consumer goods industry. It was incorporated on 05 August 1994 and is registered under CIN U74899DL1994PTC060706. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.

Time Master India was incorporated on 05 August 1994. It is registered with the Registrar of Companies, Delhi.

Time Master India had 2 directors:

The CIN (Corporate Identification Number) of Time Master India is U74899DL1994PTC060706. 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 Time Master India is at 485 Basant Lok Vasant Vihar, New Delhi, Delhi, India – 110057.

The latest financial statements of Time Master India on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 30 September 2019. Year-wise statements from 2015 are in the company report.

Time Master India operated in the consumer goods industry, in the watches and jewelry manufacturing segment.

The peers of Time Master India by revenue are Igje Private Limited, Cibi Diamonds India Private Limited, New Lakshmi Jewellery Private Limited, all in the Consumer Products industry (Watches and Jewellery Manufacturers), with the same principal business activity (other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities).

Time Master India has 3 court cases on record: 2 filed by the company and 1 filed against it. 1 is pending. Most are in the district courts.

Amit Jain ceased to be Director on 18 Nov 2019. Dhiraj Kumar Maggo ceased to be Director on 18 Nov 2019. David Thomas Payne ceased to be Director on 14 Nov 2019. Time Master India has 13 board changes on record in total.