Eastern Tar Private Limited
About Eastern Tar Private Limited
Data last updated:
Eastern Tar Private Limited was a private limited company based in Jamshedpur, Jharkhand, India, operated as a subsidiary of Eastern Coatings & 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 steel manufacturing and processing segment of the metals and mining sector. It was incorporated on 10 June 1982.
The company was registered with the Registrar of Companies (ROC), Ranchi, under CIN U28999JH1982PTC001663. Its GSTIN is 20AAACE3613L1Z4 (Jharkhand).
The company had an authorised share capital of ₹10 Lakh and a paid-up capital of ₹4.78 Lakh. It was led by directors including Jasbir Sandhu Singh and Amarjit Singh.
Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office was at Plot No. A – 11 12 6th Phase Industrial Area Adityapur, Jamshedpur, Jharkhand, India – 832109.
As per the financials filed for FY 2020, the company reported a revenue of ₹4.63 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹8,500 (net margin -1.8%) and EBITDA of -₹4.71 Lakh (EBITDA margin -101.7%). Revenue has declined at a compounded annual rate (CAGR) of 190% over three years and 48% over five years.
As per MCA filings, the company had satisfied charges of ₹2.8 Cr on record. Court records list 6 cases involving the company, including 2 filed by the company and 4 filed against it.
Company details
CIN history
Eastern Tar has one previous CIN (Corporate Identification Number): U00312JH1982PTC001663. The current CIN is U28999JH1982PTC001663, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U28999JH1982PTC001663 | Current |
| U00312JH1982PTC001663 | Previous |
Contact details
Eastern Tar Private Limited's registered office is in Jamshedpur, Jharkhand. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressPlot No. A – 11 12 6th Phase Industrial Area Adityapur, Jamshedpur, Jharkhand, India – 832109
- IndustryMetals and Minerals, Steel Manufacturing & Processing
To see the full contact details of Eastern Tar 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 Eastern Tar is manufacturing. In detail, this covers metal and metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products |
Financials of Eastern Tar Private Limited
FY 2021 filings availableEastern Tar Private Limited reported revenue of ₹4.63 Lakh (up 1365% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 48% over five years. 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 | ₹4.63 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹4.71 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹8,500 | ||||
| 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 | -101.7% | ||||
| Net Profit Margin | -1.8% | ||||
| 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 Eastern Tar Private Limited, buy the company report.
Board of directors of Eastern Tar Private Limited
Eastern Tar has 4 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jasbir Sandhu Singh Also directs: Sandhu Steel Profiles Private Limited, Sanfab Rollforms Private Limited, Eastern Coatings & Services Private Limited and 2 more | Director | 30 Dec 2014 | 11 Years 9 Months | As last reported |
| Amarjit Singh Also directs: Sandhu Steel Profiles Private Limited, Sanfab Rollforms Private Limited, Eastern Coatings & Services Private Limited and 2 more | Director | 30 Dec 2014 | 11 Years 9 Months | As last reported |
| Santokh Singh Also directs: Sandhu Steel Profiles Private Limited, Sanfab Rollforms Private Limited, Eastern Coatings & Services Private Limited and 3 more | Director | 30 Dec 2014 | 11 Years 9 Months | As last reported |
| Manjeet Singh Also directs: Sandhu Steel Profiles Private Limited, Sanfab Rollforms Private Limited, Eastern Coatings & Services Private Limited and 2 more | Director | 30 Dec 2014 | 11 Years 9 Months | As last reported |
Auditor
Eastern Tar Private Limited is audited by S K NAREDI & CO for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S K NAREDI & CO | FY 2020 | 003333C |
Shareholding
The shareholding of Eastern Tar 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 Eastern Tar Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 May 2004 | 80008838 | Axis Bank Limited | ₹2.8 Cr | Satisfied |
To see the full charge records of Eastern Tar Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Eastern Tar Private Limited has 6 court cases on record: 2 filed by Eastern Tar, 4 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 4 | 3 | 0 |
| Supreme Court | 1 | 1 | 0 |
| NCLT | 1 | 0 | 0 |
Cases on record (5 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLT, Kolkata | Court case (C.P.(CAA)) | Filed by the company | Disposed |
| High Court | Court case (C.Rev.) | Filed against the company by Commissioner of Income Tax | Disposed |
| High Court of Jharkhand | Court case (C.Rev.) | Filed against the company by Commissioner of Income Tax | Disposed |
| High Court | Writ petition | Filed by the company against State of Jharkhand and Ors. | Disposed |
| High Court | Court case (Tax) | Filed against the company by an individual | Disposed |
To see the full case history of Eastern Tar 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 Eastern Tar Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Eastern Tar has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 20AAACE3613L1Z4 | Jharkhand | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Eastern Tar Private Limited, buy the company report.
Recent activity
Eastern Tar Private Limited has 14 board changes on record since 2014: 4 appointments and 10 cessations. The latest: Bhamidi Jagannadha Murthy ceased to be Director on 30 Mar 2019.
8 earlier events are in the company report.
Frequently asked questions
Eastern Tar 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.
Eastern Tar was a private limited company based in Jamshedpur, Jharkhand, India. The company worked in steel manufacturing and processing, within the metals and minerals industry. It was incorporated on 10 June 1982 and is registered under CIN U28999JH1982PTC001663. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Eastern Tar was incorporated on 10 June 1982. It is registered with the Registrar of Companies, Ranchi.
Eastern Tar had 4 directors:
- Jasbir Sandhu Singh - Director
- Amarjit Singh - Director
- Santokh Singh - Director
- Manjeet Singh - Director
The CIN (Corporate Identification Number) of Eastern Tar is U28999JH1982PTC001663. 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 Eastern Tar is at Plot No. A – 11 12 6th Phase Industrial Area Adityapur, Jamshedpur, Jharkhand, India – 832109.
The latest financial statements of Eastern Tar on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 30 November 2021. Year-wise statements from 2015 are in the company report.
The GSTIN of Eastern Tar is 20AAACE3613L1Z4, registered in Jharkhand.
Eastern Tar operated in the metals and minerals industry, in the steel manufacturing and processing segment.
Eastern Tar has 6 court cases on record: 2 filed by the company and 4 filed against it. Most are in the high courts.