Tungabhadra Tex Processors Private Limited
About Tungabhadra Tex Processors Private Limited
Data last updated:
Tungabhadra Tex Processors Private Limited was a private limited company based in Bangalore, Karnataka, India, operated as a subsidiary of Mercury Management And Technical Services Private 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 textile and fabric production segment of the manufacturing sector. It was incorporated on 16 May 1994.
The company was registered with the Registrar of Companies (ROC), Bangalore, under CIN U17112KA1994PTC015644. Its GSTIN is 29AAACT5525A1ZN (Karnataka).
The company had an authorised share capital of ₹31 Lakh and a paid-up capital of ₹28.58 Lakh. It was led by directors Subramanian Subburaman and Subbareddy Pothiperumal.
Its last annual general meeting (AGM) was held on 24 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office was at T1 – 109 Parappana Agrahara Main Road Sai Meadows Kudlu, Bangalore, Karnataka, India – 560068.
As per the financials filed for FY 2020, the company reported a revenue of ₹14.42 Lakh, a decline of 94% compared to the previous year. For the same year it recorded a net loss of ₹4.09 Lakh (net margin -28.4%) and EBITDA of -₹7.8 Lakh (EBITDA margin -54.1%). Revenue has declined at a compounded annual rate (CAGR) of 59% over three years and 42% over five years.
The company had about 19 employees on its provident fund (EPFO) records before it was dissolved.
Court records list 1 case involving the company, including 1 filed against it.
Company details
Contact details
Tungabhadra Tex Processors Private Limited's registered office is in Bangalore, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressT1 – 109 Parappana Agrahara Main Road Sai Meadows Kudlu, Bangalore, Karnataka, India – 560068
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Tungabhadra Tex Processors 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 Tungabhadra Tex Processors is manufacturing. In detail, this covers textile, leather and other apparel products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products |
To see the full business activity and turnover split of Tungabhadra Tex Processors Private Limited, buy the company report.
Financials of Tungabhadra Tex Processors Private Limited
FY 2020 filings availableTungabhadra Tex Processors Private Limited reported revenue of ₹14.42 Lakh (down 94% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 42% over five years, including a 94% fall 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹14.42 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹7.8 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹4.09 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
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -54.1% | ||||
| Net Profit Margin | -28.4% | ||||
| 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 Tungabhadra Tex Processors Private Limited, buy the company report.
Board of directors of Tungabhadra Tex Processors Private Limited
Tungabhadra Tex Processors has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Subramanian Subburaman | Director | 15 Oct 2013 | 13 Years 0 Months | As last reported |
| Subbareddy Pothiperumal | Director | 14 Jan 2011 | 15 Years 9 Months | As last reported |
Auditor
Tungabhadra Tex Processors Private Limited is audited by DELOITTE HASKINS & SELLS for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| DELOITTE HASKINS & SELLS | FY 2020 | 008072S |
Shareholding
The shareholding of Tungabhadra Tex Processors Private Limited is on record for 3 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Tungabhadra Tex Processors Private Limited, buy the company report.
Legal cases
Tungabhadra Tex Processors 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 |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Interim or miscellaneous application | Filed against the company | Disposed |
To see the full case history of Tungabhadra Tex Processors 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 Tungabhadra Tex Processors Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Tungabhadra Tex Processors Private Limited has a workforce of 19 employees on its EPFO records as of Apr 10, 2024, across 1 active EPFO establishment.
GST
Tungabhadra Tex Processors has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAACT5525A1ZN | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Tungabhadra Tex Processors Private Limited, buy the company report.
Recent activity
Tungabhadra Tex Processors Private Limited has 7 board changes on record since 2010: 2 appointments and 5 cessations. The latest: Subramanian Subburaman ceased to be Additional Director on 30 Sep 2014.
Frequently asked questions
Tungabhadra Tex Processors 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.
Tungabhadra Tex Processors was a private limited company based in Bangalore, Karnataka, India. The company worked in textile and fabric production, within the manufacturing industry. It was incorporated on 16 May 1994 and is registered under CIN U17112KA1994PTC015644. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Tungabhadra Tex Processors was incorporated on 16 May 1994. It is registered with the Registrar of Companies, Bangalore.
Tungabhadra Tex Processors had 2 directors:
- Subramanian Subburaman - Director
- Subbareddy Pothiperumal - Director
The CIN (Corporate Identification Number) of Tungabhadra Tex Processors is U17112KA1994PTC015644. 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 Tungabhadra Tex Processors is at T1 – 109 Parappana Agrahara Main Road Sai Meadows Kudlu, Bangalore, Karnataka, India – 560068.
The latest financial statements of Tungabhadra Tex Processors on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 24 December 2020. Year-wise statements from 2015 are in the company report.
The GSTIN of Tungabhadra Tex Processors is 29AAACT5525A1ZN, registered in Karnataka.
Tungabhadra Tex Processors operated in the manufacturing industry, in the textile and fabric production segment.
Tungabhadra Tex Processors has 1 court case on record: 1 filed against it.
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