Coromandel Cables Private Limited
About Coromandel Cables Private Limited
Data last updated:
Coromandel Cables Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the agricultural support and advisory segment of the agriculture sector. It was incorporated on 22 March 1976 and has been in existence for over 50 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U24222TN1976PTC007109.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹6.97 Lakh. It is led by directors including Gopinath Rani (Managing Director) and Chinnadurai.
Its last annual general meeting (AGM) was held on 16 August 2023, and its latest financial statements are for the year ended 31 March 2022. The registered office is at A – 7 6th Cross Street Indira Nagar Adyar, Chennai, Tamil Nadu, India – 600020.
As per the financials filed for FY 2022, the company reported a revenue of ₹1.58 Cr, a growth of 3% compared to the previous year. For the same year it recorded a net profit of ₹1.55 Cr (net margin 98.4%) and EBITDA of ₹1.55 Cr (EBITDA margin 98.6%). Revenue has grown at a compounded annual rate (CAGR) of 489% over three years and 112% over five years.
As per MCA filings, the company has open charges of ₹5.25 Lakh on record. Court records list 107 cases involving the company, including 45 filed by the company and 62 filed against it; 46 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Coromandel Cables 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 AddressA – 7 6th Cross Street Indira Nagar Adyar, Chennai, Tamil Nadu, India – 600020
- IndustryAgriculture, Agri Support Services
To see the full contact details of Coromandel Cables 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 Coromandel Cables is construction. In detail, this covers buildings.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | F1 | Buildings |
To see the full business activity and turnover split of Coromandel Cables Private Limited, buy the company report.
Financials of Coromandel Cables Private Limited
FY 2022 filings availableCoromandel Cables Private Limited reported revenue of ₹1.58 Cr (up 3% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 112% over five years, including 3% growth in the latest year. EBITDA rose 3% 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹1.55 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.55 Cr | ||||
| 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 98.6% | ||||
| Net Profit Margin | 98.4% | ||||
| 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 Coromandel Cables Private Limited, buy the company report.
Board of directors of Coromandel Cables Private Limited
Coromandel Cables 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 |
|---|---|---|---|---|
| Chinnadurai Also directs: R G Agri Exports Private Limited, Rose Agro Farms Private Limited | Director | 27 Mar 2006 | 20 Years 6 Months | Current |
| Mehul Harshad Doshi Also directs: Coromandel Oils Private Limited, Doshi Time Industries Private Limited, Hotel Mullai Private Limited and 3 more | Director | 10 Nov 2003 | 22 Years 11 Months | Current |
| Gopinath Rani | Managing Director | 10 Nov 2003 | 22 Years 11 Months | Current |
| Mayavan Ganesan Also directs: R G Agri Exports Private Limited | Director | 27 Mar 2006 | 20 Years 6 Months | Current |
Peer comparison
Coromandel Cables Private Limited is compared with the 3 companies closest to it by revenue in the Real Estate industry (Agri Services, Builders and Developers), with the same principal business activity (buildings), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Neena Ventures Private Limited | ₹1.58 Cr (FY 2024) | 14.0% | Dehradun, Uttarakhand, India | |||
| Mid-Town Realty Private Limited | ₹1.58 Cr (FY 2022) | Mumbai, Maharashtra, India | ||||
| Varun Developers Private Limited | ₹1.58 Cr (FY 2024) | 0.0% | Mumbai, Maharashtra, India | |||
| Coromandel Cables Private Limitedthis company | ₹1.58 Cr (FY 2022) | ₹1.55 Cr | 98.4% | 3.0% | Chennai, Tamil Nadu, India |
To see the full peer comparison of Coromandel Cables Private Limited, buy the company report.
Auditor
Coromandel Cables Private Limited is audited by RAJ & SUBRAMANIAN for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RAJ & SUBRAMANIAN | FY 2019 | 007711S |
Shareholding
The shareholding of Coromandel Cables 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 category | FY 2019 | FY 2016 | FY 2015 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Coromandel Cables Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 15 Nov 1978 | 90308348 | The Tamilnadu Industrial Investment Corporation Limited | ₹5.25 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
Coromandel Cables Private Limited has 107 court cases on record: 45 filed by Coromandel Cables, 62 filed against it. 46 cases are pending and 61 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 102 | 61 | 45 |
| District courts | 5 | 1 | 1 |
Cases on record (5 of 107)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Madras High Court | Interim or miscellaneous application | Filed by the company against The Chief Commissioner of Income Tax | Pending |
| Madras High Court | Appeal | Filed by the company against The Chief Commissioner of Income Tax | Pending |
| Madras High Court | Writ petition | Filed by the company against an individual | Pending |
| Madras High Court | Appeal | Filed by the company against The Chief Commissioner of Income Tax | Pending |
| Madras High Court | Court case (TCA) | Filed by the company against The Assistant Commissioner of Income Tax, Chennai | Pending |
To see the full case history of Coromandel Cables 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 Coromandel Cables Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Coromandel Cables has 3 associated companies. This group structure data is as of FY 2019. The table lists each entity with its relationship and holding.
GST
No GST registration is on our record for Coromandel Cables Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Coromandel Cables Private Limited has 5 board changes on record since 2003: 4 appointments and 1 cessation. The latest: Mehul Harshad Doshi ceased to be Director on 19 Apr 2012.
Frequently asked questions
Coromandel Cables is an active private limited company based in Chennai, Tamil Nadu, India. The company works in agri support services, within the agriculture industry. It was incorporated on 22 March 1976 (50+ years old) and is registered under CIN U24222TN1976PTC007109.
Coromandel Cables has 4 current directors:
- Gopinath Rani - Managing Director
- Chinnadurai - Director
- Mehul Harshad Doshi - Director
- Mayavan Ganesan - Director
The latest financial statements of Coromandel Cables on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 16 August 2023. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Coromandel Cables is U24222TN1976PTC007109. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Coromandel Cables has 107 court cases on record: 45 filed by the company and 62 filed against it. 46 are pending. Most are in the high courts.
Coromandel Cables was incorporated on 22 March 1976, making it 50+ years old. It is registered with the Registrar of Companies, Chennai.
The peers of Coromandel Cables by revenue are Neena Ventures Private Limited, Mid-Town Realty Private Limited, Varun Developers Private Limited, all in the Real Estate industry (Agri Services, Builders and Developers), with the same principal business activity (buildings).
Mehul Harshad Doshi ceased to be Director on 19 Apr 2012. Chinnadurai was appointed as Director on 27 Mar 2006. Mayavan Ganesan was appointed as Director on 27 Mar 2006. Coromandel Cables has 5 board changes on record in total.
The registered office of Coromandel Cables is at A – 7 6th Cross Street Indira Nagar Adyar, Chennai, Tamil Nadu, India – 600020.
Coromandel Cables operates in the agriculture industry, in the agri support services segment.
Coromandel Cables has open charges of ₹5.25 Lakh and no satisfied charges on record as per latest MCA filings.