Concord Arai Private Limited
About Concord Arai Private Limited
Data last updated:
Concord Arai Private Limited was a private limited company based in Chennai, Tamil Nadu, India. The company has been converted to a Limited Liability Partnership (LLP) and no longer exists as a company. For the latest details, refer to the successor LLP. It operated in the lifestyle products and accessories manufacturing segment of the home and lifestyle products sector. It was incorporated on 23 September 1961.
The company was registered with the Registrar of Companies (ROC), Chennai, under CIN U25209TN1961PTC004601. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹1 Cr and a paid-up capital of ₹40 Lakh. It was formerly known as Concord Arai Reinforced Plastics P Ltd. It was led by directors including Geetha Sridhar Kumar Raja and Dharma Raja Rengasamy Raja Arrakondal.
Its last annual general meeting (AGM) was held on 11 May 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office was at 3/229 Mahabalipuram Roadmettukuppam Chennai, Tamil Nadu, India – 600096.
As per the financials filed for FY 2023, the company reported a revenue of ₹37.48 Lakh, a decline of 29% compared to the previous year. For the same year it recorded a net profit of ₹12.1 Lakh (net margin 32.3%) and EBITDA of ₹17.9 Lakh (EBITDA margin 47.8%). Revenue has grown at a compounded annual rate (CAGR) of 1% over three years and 2% over five years.
As per MCA filings, the company has satisfied charges of ₹86.2 Lakh on record. Court records list 7 cases involving the company, including 6 filed by the company and 1 filed against it; 2 cases are pending.
Company details
Contact details
Concord Arai Private Limited's registered office is in Chennai, Tamil Nadu. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address3/229 Mahabalipuram Roadmettukuppam Chennai, Tamil Nadu, India – 600096
- IndustryHome & Lifestyle, Lifestyle Products & Accessories Manufacturing
To see the full contact details of Concord Arai 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 Concord Arai is manufacturing. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C8 | Plastic products, non-metallic mineral products, rubber products, fabricated metal products |
To see the full business activity and turnover split of Concord Arai Private Limited, buy the company report.
Financials of Concord Arai Private Limited
FY 2023 filings availableConcord Arai Private Limited reported revenue of ₹37.48 Lakh (down 29% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue fell 29% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 2%. EBITDA fell 60% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| EBITDA | ₹17.9 Lakh | ||||
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| Net Profit (PAT) | ₹12.1 Lakh | ||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 47.8% | ||||
| Net Profit Margin | 32.3% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Concord Arai Private Limited, buy the company report.
Board of directors of Concord Arai Private Limited
Concord Arai has 4 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Geetha Sridhar Kumar Raja Also directs: Yekediar Estates Private Limited, Yekediar Coconuts Private Limited, Yekediar Holdings and Properties Private Limited and 1 more | Director | 26 Nov 2020 | 5 Years 11 Months | As last reported |
| Dharma Raja Rengasamy Raja Arrakondal Also directs: Yekediar Farms LLP, Yekediar Estates Private Limited, Yekediar Coconuts Private Limited and 1 more | Director | 29 Sep 1973 | 53 Years 1 Months | As last reported |
| Ramachandra Raja R Dharma Raja Arrakondal Also directs: Yekediar Farms LLP, I R C Welded Mesh LLP | Director | 04 Nov 1992 | 34 Years 0 Months | As last reported |
| Rengasamy Raja K Dhasaratha Raja Arrakondal Also directs: Yekediar Farms LLP | Director | 14 Nov 2005 | 20 Years 11 Months | As last reported |
Auditor
Concord Arai Private Limited is audited by M.R. NARAIN &CO for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M.R. NARAIN &CO | FY 2022 | 002330S |
Shareholding
The shareholding of Concord Arai Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Concord Arai Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 03 Feb 1995 | 90297648 | Bank of Baroda | ₹30 Lakh | Satisfied | |
| 07 Feb 1992 | 90297551 | Bank of Baroda | ₹40 Lakh | Satisfied | |
| 23 Aug 1988 | 90297469 | The State Bank of India | ₹16.2 Lakh | Satisfied |
To see the full charge records of Concord Arai Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
Concord Arai Private Limited has 7 court cases on record: 6 filed by Concord Arai, 1 filed against it. 2 cases are pending and 5 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 7 | 1 | 2 |
Cases on record (5 of 7)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, TAMIL NADU | Court case (WPMP) | Filed by the company against The Secretary to Government and 3 others | Pending |
| Madras High Court | Interim or miscellaneous application | Filed by the company against Employees`State Ins.Corpn. | Pending |
| High Court, TAMIL NADU | Writ petition | Filed by the company against State of T.N. Rep. by the and 3 others | Disposed |
| High Court, TAMIL NADU | Writ petition | Filed by the company against The Secretary to Government and 3 others | Disposed |
| High Court, TAMIL NADU | Appeal | Filed against the company by Employees State Insurance Corp | Disposed |
To see the full case history of Concord Arai 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 Concord Arai Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Concord Arai has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Concord Arai Private Limited, buy the company report.
Recent activity
Concord Arai Private Limited has 5 board changes on record since 1973: 4 appointments and 1 cessation. The latest: Geetha Sridhar Kumar Raja was appointed as Director on 26 Nov 2020.
5 earlier events are in the company report.
Frequently asked questions
Concord Arai has been "Converted to LLP" - the business changed its legal structure from a company to a Limited Liability Partnership. The original company no longer exists in its previous form. For the latest information, refer to the successor LLP entity registered with MCA.
Concord Arai was a private limited company based in Chennai, Tamil Nadu, India. The company worked in lifestyle products and accessories manufacturing, within the home and lifestyle industry. It was incorporated on 23 September 1961 and is registered under CIN U25209TN1961PTC004601. For the latest details, refer to the successor LLP entity.
The CIN (Corporate Identification Number) of Concord Arai is U25209TN1961PTC004601. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Concord Arai had 4 directors:
- Geetha Sridhar Kumar Raja - Director
- Dharma Raja Rengasamy Raja Arrakondal - Director
- Ramachandra Raja R Dharma Raja Arrakondal - Director
- Rengasamy Raja K Dhasaratha Raja Arrakondal - Director
Concord Arai was incorporated on 23 September 1961. It is registered with the Registrar of Companies, Chennai.
The registered office of Concord Arai is at 3229 Mahabalipuram Roadmettukuppam Chennai, Tamil Nadu, India – 600096.
The latest financial statements of Concord Arai on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 11 May 2023. Year-wise statements from 2015 are in the company report.
No. Concord Arai has 1 GST registration on record and it is cancelled or inactive.
Concord Arai operated in the home and lifestyle industry, in the lifestyle products and accessories manufacturing segment.
Concord Arai has 7 court cases on record: 6 filed by the company and 1 filed against it. 2 are pending.
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