About Changepond Engineering and Logistics Private Limited
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Changepond Engineering and Logistics Private Limited is a private limited company based in Kancheepuram, Tamil Nadu, India, a subsidiary of Changepond Technologies Private Limited. It operates in the supply chain outsourcing services segment of the business process outsourcing sector. It was incorporated on 23 September 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U31900TN2009PTC072985.
The company has an authorised share capital of ₹3 Cr and a paid-up capital of ₹1.5 Cr. It is led by directors Prabhu Nandhini and Prabhu Durai.
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 is at Plot No. B – 64 Sipcot Industrial Park Irungattukottai Sriperumbudur Taluk, Kancheepuram, Tamil Nadu, India – 602125.
As per the financials filed for FY 2019, the company reported a revenue of ₹98,534, a decline of 73% compared to the previous year. For the same year it recorded a net loss of ₹2.64 Lakh (net margin -268.1%) and EBITDA of -₹22,428 (EBITDA margin -22.8%). Revenue has declined at a compounded annual rate (CAGR) of 28% over three years.
As per MCA filings, the company has satisfied charges of ₹1 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website changepond.com.
Company details
Contact details
Changepond Engineering and Logistics Private Limited's registered office is in Kancheepuram, Tamil Nadu. Its website is changepond.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressPlot No. B – 64 Sipcot Industrial Park Irungattukottai Sriperumbudur Taluk, Kancheepuram, Tamil Nadu, India – 602125
- IndustryBusiness Outsourcing, Supply Chain Outsourcing Services
To see the full contact details of Changepond Engineering and Logistics 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 Changepond Engineering and Logistics is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities |
To see the full business activity and turnover split of Changepond Engineering and Logistics Private Limited, buy the company report.
Financials of Changepond Engineering and Logistics Private Limited
FY 2019 filings availableChangepond Engineering and Logistics Private Limited reported revenue of ₹98,534 (down 73% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 28% over three years, including a 73% fall in the latest year. EBITDA rose 95% 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
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| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
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| Total Revenue | ₹98,534 | ||||
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| EBITDA | -₹22,428 | ||||
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| Tax Expense | |||||
| Net Profit (PAT) | -₹2.64 Lakh | ||||
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Financial Ratios
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -22.8% | ||||
| Net Profit Margin | -268.1% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Changepond Engineering and Logistics Private Limited, buy the company report.
Board of directors of Changepond Engineering and Logistics Private Limited
Changepond Engineering and Logistics has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Prabhu Nandhini Also directs: Anusham Automotive India Private Limited | Director | 02 Apr 2019 | 7 Years 6 Months | Current |
| Prabhu Durai Also directs: Anusham Automotive India Private Limited | Director | 02 Apr 2019 | 7 Years 6 Months | Current |
Auditor
Changepond Engineering and Logistics Private Limited is audited by T B L & ASSOCIATES for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| T B L & ASSOCIATES | FY 2019 | 012141S |
Shareholding
The shareholding of Changepond Engineering and Logistics Private Limited is on record for 5 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Changepond Engineering and Logistics Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 09 Nov 2010 | 10250863 | Indian Overseas Bank | ₹1 Cr | Satisfied |
To see the full charge records of Changepond Engineering and Logistics Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Changepond Engineering and Logistics Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Changepond Engineering and Logistics 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 Changepond Engineering and Logistics Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Changepond Engineering and Logistics Private Limited has 6 board changes on record since 2019: 2 appointments and 4 cessations. The latest: Prabhu Durai ceased to be Director on 29 Sep 2019.
Frequently asked questions
Changepond Engineering and Logistics is an active private limited company based in Kancheepuram, Tamil Nadu, India. The company works in supply chain outsourcing services, within the business outsourcing industry. It was incorporated on 23 September 2009 (17+ years old) and is registered under CIN U31900TN2009PTC072985.
Changepond Engineering and Logistics has 2 current directors:
- Prabhu Nandhini - Director
- Prabhu Durai - Director
The latest financial statements of Changepond Engineering and Logistics 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.
The CIN (Corporate Identification Number) of Changepond Engineering and Logistics is U31900TN2009PTC072985. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Changepond Engineering and Logistics was incorporated on 23 September 2009, making it 17+ years old. It is registered with the Registrar of Companies, Chennai.
Prabhu Durai ceased to be Director on 29 Sep 2019. Prabhu Nandhini ceased to be Director on 29 Sep 2019. Govinda Rao Narayanan ceased to be Director on 02 Apr 2019. Changepond Engineering and Logistics has 6 board changes on record in total.
Changepond Engineering and Logistics can be reached through the website changepond.com. Its registered office is in Kancheepuram, Tamil Nadu, India.
The registered office of Changepond Engineering and Logistics is at Plot No. B – 64 Sipcot Industrial Park Irungattukottai Sriperumbudur Taluk, Kancheepuram, Tamil Nadu, India – 602125.
Changepond Engineering and Logistics operates in the business outsourcing industry, in the supply chain outsourcing services segment.
Changepond Engineering and Logistics has no open charges and satisfied charges of ₹1 Cr as per latest MCA filings.