India's Most Valuable Companies 2024 edition · Source: Hurun India
Rank#115- Valuation
- ₹56,660 Cr
2023 #133 2022 #138 2021 #158
Revenue · FY 2025
₹17,281 Cr
▲ 6% YoY
Net profit · FY 2025
₹1,112.22 Cr
Net margin 6.4%
EBITDA · FY 2025
₹2,438.91 Cr
EBITDA margin 14.1%
Authorised capital
₹1 Cr
Registered with MCA
Paid-up capital
₹31.2 Lakh
Issued & subscribed
Company age
88 yrs
Est. 1938
Directors on board
7
As per MCA filings
Active GSTINs
1
GST registered
About Amalgamations Private Limited
Data last updated:
Amalgamations Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the financial holding companies segment of the financial services sector. It was incorporated on 22 December 1938 and has been in existence for over 88 years.
Its director A Krishnamoorthy is #368 among India's richest people (2026). Its director Sita Venkataramani is #368 among India's richest people (2026).
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U35999TN1938PTC000019. Its GSTIN is 33AAACA2922N1ZV (Tamil Nadu).
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹31.2 Lakh. It was formerly known as Amalgamations Limited and Sri Palamalai Ranganathar Mills Limited. It is led by directors including Murali Srinivasan Venkatraman and Lakshmi Narayanan.
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 124 (Old No.81) Dr.Radhakrishnan Salai Mylapore, Chennai, Tamil Nadu, India – 600004.
As per the financials filed for FY 2025, the company reported a revenue of ₹17,281 Cr, a growth of 6% compared to the previous year. For the same year it recorded a net profit of ₹1,112.22 Cr (net margin 6.4%) and EBITDA of ₹2,438.91 Cr (EBITDA margin 14.1%). Revenue has grown at a compounded annual rate (CAGR) of 7% over three years and 10% over five years.
Its group structure includes 28 subsidiaries and 1 joint venture.
The company is associated with 2 brands: Amalgamations Group and Speed-A-Way. Court records list 74 cases involving the company, including 9 filed by the company and 65 filed against it; 17 cases are pending. The company has 3 deals on record (3 secondary share transfers); the latest was in November 2022.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website amalgamationsgroup.co.in.
Company details
CIN U35999TN1938PTC000019
Registration Number 000019
Incorporation Date 22 December 1938
ROC Chennai
Listing Status Unlisted
Company Status Active
Date of Last AGM 29 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
Name history
Amalgamations has undergone 2 name changes throughout its history. The company was previously known as Amalgamations Limited, and Sri Palamalai Ranganathar Mills Limited. The current legal name is Amalgamations Private Limited.
| Company Name | Status |
|---|---|
| Amalgamations Private Limited | Current |
| Amalgamations Limited | Previous |
| Sri Palamalai Ranganathar Mills Limited | Previous |
CIN history
Amalgamations has one previous CIN (Corporate Identification Number): U35999TN1956PTC000019. The current CIN is U35999TN1938PTC000019, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U35999TN1938PTC000019 | Current |
| U35999TN1956PTC000019 | Previous |
Key People
Murali Srinivasan Venkatraman Director Lakshmi Narayanan Director Sita Venkataramani Director Recognitions & Rankings of Amalgamations
India's Richest People 2026 edition · 4 directors · Source: Hurun India
- #368 A Krishnamoorthy ₹10,100 Cr
- #368 Sita Venkataramani ₹10,100 Cr
- #641 Lakshmi Narayanan ₹5,000 Cr
+1 more
Contact details
Amalgamations Private Limited's registered office is in Chennai, Tamil Nadu. Its website is amalgamationsgroup.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address124 (Old No.81) Dr.Radhakrishnan Salai Mylapore, Chennai, Tamil Nadu, India – 600004
- IndustryFinancial Services, Financial Holding Companies
To see the full contact details of Amalgamations Private Limited, buy the company report.
Comprehensive company report
Amalgamations 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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Brands
Amalgamations operates two associated brands: Amalgamations Group and Speed-A-Way. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Diversified group in engineering manufacturing, trading, plantations, and services across India. | amalgamationsgroup.co.in | |
| Produces high-quality aftermarket automotive lubricants, bearings, and accessories. | speedawayprivatelimited.com |
Business activity
The main business activity of Amalgamations is financial and insurance service. In detail, this covers other financial activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities |
To see the full business activity and turnover split of Amalgamations Private Limited, buy the company report.
Financials of Amalgamations Private Limited
FY 2025 filings availableAmalgamations Private Limited reported revenue of ₹17,281 Cr (up 6% YoY) for FY 2025.
Revenue · FY 2025
₹17,281 Cr ▲ 6%
Net profit · FY 2025
₹1,112.22 Cr margin 6.4%
EBITDA · FY 2025
₹2,438.91 Cr margin 14.1%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 6%
3 years · compounded
▲ 7%
5 years · compounded
▲ 10%
EBITDA CAGR growth
1 year
▲ 12%
3 years · compounded
▲ 16%
5 years · compounded
▲ 12%
Revenue has grown at a compounded annual rate (CAGR) of 10% over five years, including 6% growth in the latest year. EBITDA rose 12% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
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| Total Expenses | |||||
| EBITDA | ₹2,438.91 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1,112.22 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 14.1% | ||||
| Net Profit Margin | 6.4% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of Amalgamations Private Limited, buy the company report.
Board of directors of Amalgamations Private Limited
Amalgamations has 7 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Murali Srinivasan Venkatraman | Director | 11 Mar 2021 | 5 Years 7 Months | Current |
| Lakshmi Narayanan Also directs: Stanes Amalgamated Estates Limited, T Stanes and Company Limited | Director | 11 Mar 2021 | 5 Years 7 Months | Current |
| Sita Venkataramani | Director | 22 Oct 2020 | 6 Years 0 Months | Current |
| Bhavani Krishnamoorthy | Director | 11 Mar 2021 | 5 Years 7 Months | Current |
| Venkataramani Anantharamakrishnan | Director | 11 Mar 2021 | 5 Years 7 Months | Current |
| Mallika Srinivasan | Director | 05 Oct 2020 | 6 Years 0 Months | Current |
Showing 6 of 7 current directors. View all directors
Auditor
Amalgamations Private Limited is audited by R.G.N PRICE & CO for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| R.G.N PRICE & CO | FY 2024 | 002785S |
Shareholding
The shareholding of Amalgamations Private Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Amalgamations Private Limited, buy the company report.
Deals & funding
Amalgamations Private Limited has 3 deals on record (3 secondary share transfers); the latest was in November 2022.
Total deals
3
Secondary share transfers
3
Deals on record (3 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Nov 2022 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Jun 2011 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Mar 2011 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: 2 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Amalgamations Private Limited has 74 court cases on record: 9 filed by Amalgamations, 65 filed against it. 17 cases are pending and 57 are disposed.
Total cases
74
Filed by the company
9
Filed against the company
65
Pending
17
Disposed
57
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 59 | 50 | 13 |
| NCLAT | 6 | 6 | 3 |
| Supreme Court | 5 | 5 | 0 |
| District courts | 4 | 4 | 1 |
Cases on record (5 of 74)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, TAMIL NADU | Appeal | Filed by the company against Shardlow India Ltd, and 19 others | Disposed |
| High Court, TAMIL NADU | Interim or miscellaneous application | Filed by the company against Shardlow India Ltd, and 19 others | Disposed |
| District court, Chengalpattu, Tamil Nadu | Civil suit | Filed against the company by an individual | Pending |
| Madras High Court | Interim or miscellaneous application | Filed against the company | Pending |
| Madras High Court | Writ petition | Filed against the company | Pending |
To see the full case history of Amalgamations 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 Amalgamations Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Amalgamations has 28 subsidiary companies, 1 joint venture, and 2 associated companies. This group structure data is as of FY 2024. The table lists each entity with its relationship and holding.
28
Subsidiary companies
1
Joint ventures
2
Associated companies
Key subsidiaries
| Company Name | CIN | Shares held |
|---|---|---|
| Ip Rings Limited | L28920TN1991PLC020232 | |
| Bimetal Bearings Limited | L29130TN1961PLC004466 | |
| Southern Tree Farms Limited | U01132TN1986PLC013469 | |
| Stanes Amalgamated Estates Limited | U01132TZ1946PLC000180 | |
| T Stanes and Company Limited | U02421TZ1910PLC000221 | |
| Tafe Access Limited | U15499TN1992PLC023544 |
To see the full group structure of Amalgamations Private Limited, buy the company report.
GST
Amalgamations has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAACA2922N1ZV | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Amalgamations Private Limited, buy the company report.
Recent activity
Amalgamations Private Limited has 10 board changes on record since 1970: 7 appointments and 3 cessations. The latest: Sadagopachari Ramanujachari ceased to be Company Secretary on 17 Jan 2022.
AGM
Amalgamations Private Limited last Annual general meeting of members was held on 29 Sep 2025 as per latest MCA records.
Filing
Amalgamations Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Chennai.
Ceased
Sadagopachari Ramanujachari ceased to be Company Secretary.
Appointed
Bhavani Krishnamoorthy was appointed as Director.
Appointed
Lakshmi Narayanan was appointed as Director.
Appointed
Murali Srinivasan Venkatraman was appointed as Director.
Appointed
Venkataramani Anantharamakrishnan was appointed as Director.
Appointed
Sita Venkataramani was appointed as Director.
Appointed
Mallika Srinivasan was appointed as Director.
Ceased
Narayanaswami Venkataramani ceased to be Director.
Ceased
Anantharamakrishnan Sivasailam ceased to be Director.
Appointed
Anantharamakrishnan Krishnamoorthy was appointed as Director.
1 earlier event is in the company report.
Frequently asked questions
Amalgamations is an active private limited company based in Chennai, Tamil Nadu, India. The company works in financial holding companies, within the financial services industry. It was incorporated on 22 December 1938 (88+ years old) and is registered under CIN U35999TN1938PTC000019.
Amalgamations has 7 current directors:
- Murali Srinivasan Venkatraman - Director
- Lakshmi Narayanan - Director
- Sita Venkataramani - Director
- Bhavani Krishnamoorthy - Director
- Venkataramani Anantharamakrishnan - Director
- Mallika Srinivasan - Director
- Anantharamakrishnan Krishnamoorthy - Director
The latest financial statements of Amalgamations on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 29 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Amalgamations is 33AAACA2922N1ZV, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Amalgamations is U35999TN1938PTC000019. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Amalgamations has 74 court cases on record: 9 filed by the company and 65 filed against it. 17 are pending. Most are in the high courts.
Amalgamations was incorporated on 22 December 1938, making it 88+ years old. It is registered with the Registrar of Companies, Chennai.
Amalgamations has 3 deals on record (3 secondary share transfers); the latest was in November 2022.
Sadagopachari Ramanujachari ceased to be Company Secretary on 17 Jan 2022. Bhavani Krishnamoorthy was appointed as Director on 11 Mar 2021. Lakshmi Narayanan was appointed as Director on 11 Mar 2021. Amalgamations has 10 board changes on record in total.
Amalgamations can be reached through the website amalgamationsgroup.co.in. Its registered office is in Chennai, Tamil Nadu, India.