GTS Industries Private Limited
About GTS Industries Private Limited
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GTS Industries Private Limited is a private limited company based in Visakhapatnam, Andhra Pradesh, India. It operates in the chemical distribution and retail segment of the chemicals and materials sector. It was incorporated on 01 June 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Vijayawada, under CIN U24110AP2005PTC046408. Its GSTIN is 37AACCG3932E3ZS (Andhra Pradesh). The company holds 3 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹1.41 Cr. It is led by directors including Suryanarayana Murthy Sure (Managing Director) and Sathish Gunda.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 54/11/16/3/2. 3rd Floor Sweet Homes Apartments Isukathota, Visakhapatnam, Andhra Pradesh, India – 530022.
As per the financials filed for FY 2017, the company reported a revenue of ₹76.12 Lakh. For the same year it recorded a net loss of ₹67.14 Lakh (net margin -88.2%) and EBITDA of -₹31,583 (EBITDA margin -0.4%). Revenue has declined at a compounded annual rate (CAGR) of 18% over three years.
As per MCA filings, the company has open charges of ₹10 Cr and satisfied charges of ₹6.5 Cr on record. Court records list 16 cases involving the company, including 4 filed by the company and 12 filed against it; 3 cases are pending.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
Contact details
GTS Industries Private Limited's registered office is in Visakhapatnam, Andhra Pradesh. Its e-mail address is in the company report.
- Email
- Registered Address54/11/16/3/2. 3rd Floor Sweet Homes Apartments Isukathota, Visakhapatnam, Andhra Pradesh, India – 530022
- IndustryChemicals and Materials, Chemical Distribution & Retail
To see the full contact details of GTS Industries 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
Financials of GTS Industries Private Limited
FY 2024 filings availableGTS Industries Private Limited reported revenue of ₹76.12 Lakh for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 18% over three 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 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | ₹76.12 Lakh | ||
| Other Income | |||
| Total Revenue | |||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | -₹31,583 | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹67.14 Lakh | ||
| 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 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | -0.4% | ||
| Net Profit Margin | -88.2% | ||
| 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 GTS Industries Private Limited, buy the company report.
Board of directors of GTS Industries Private Limited
GTS Industries has 5 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Koushik Roy | Additional Director | 25 Jan 2018 | 8 Years 8 Months | Current |
| Sathish Gunda | Director | 02 Dec 2017 | 8 Years 10 Months | Current |
| Sai Ayyappa Sarat Chandra Kumar Sure | Director | 13 Jun 2005 | 21 Years 4 Months | Current |
| Suryanarayana Murthy Sure | Managing Director | 01 Jun 2005 | 21 Years 4 Months | Current |
| Sure Bhanu Also directs: Latasha Exports Limited | Director | 02 Dec 2017 | 8 Years 10 Months | Current |
Auditor
GTS Industries Private Limited is audited by V JAGANNADHAM & ASSOCIATES for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| V JAGANNADHAM & ASSOCIATES | FY 2017 | 011396S |
Shareholding
The shareholding of GTS Industries Private Limited is on record for 3 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of GTS Industries Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 07 Sep 2012 | 10380720 | State Bank of India | ₹10 Cr | Open | |
| 04 Feb 2006 | 80009518 | State Bank of India | ₹6.5 Cr | Satisfied |
To see the full charge records of GTS Industries Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
GTS Industries Private Limited has 16 court cases on record: 4 filed by GTS Industries, 12 filed against it. 3 cases are pending and 13 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 14 | 11 | 3 |
| High courts | 2 | 1 | 0 |
Cases on record (5 of 16)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Visakapatnam, Andhra Pradesh | Court case (CEP) | Filed against the company by M/S. Shriram City Union Finance Limited | Disposed |
| District court, Visakapatnam, Andhra Pradesh | Court case (CRLA.MU) | Filed by the company against M/S Shriram City Union Finance Ltd, Office Asst.K.Jagadeswara Rao and 1 other | Disposed |
| District court, Visakapatnam, Andhra Pradesh | Criminal complaint | Filed against the company by HDFC Bank Ltd,Chokkakula Varun Prajna Vardha | Disposed |
| High Court | Arbitration matter | Filed by the company against MSTC Limited | Disposed |
| High Court, ANDHRAPRADESH | Company petition | Filed against the company by M/S. Shriram City Union Finance Limited, | Disposed |
To see the full case history of GTS Industries 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 GTS Industries Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
GTS Industries has 3 GST registrations: 1 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 37AACCG3932E3ZS | Andhra Pradesh | Active | 16 Oct 2020 |
To see the full GST registrations and return filing status of GTS Industries Private Limited, buy the company report.
Recent activity
GTS Industries Private Limited has 12 board changes on record since 2005: 5 appointments and 7 cessations. The latest: Koushik Roy was appointed as Additional Director on 25 Jan 2018.
6 earlier events are in the company report.
Frequently asked questions
GTS Industries is an active private limited company based in Visakhapatnam, Andhra Pradesh, India. The company works in chemical distribution and retail, within the chemicals and materials industry. It was incorporated on 01 June 2005 (21+ years old) and is registered under CIN U24110AP2005PTC046408.
GTS Industries has 5 current directors:
- Suryanarayana Murthy Sure - Managing Director
- Koushik Roy - Additional Director
- Sathish Gunda - Director
- Sai Ayyappa Sarat Chandra Kumar Sure - Director
- Sure Bhanu - Director
The latest financial statements of GTS Industries on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of GTS Industries is 37AACCG3932E3ZS, registered in Andhra Pradesh. The company has 3 GST registrations in all, of which 1 is active and 2 are cancelled or inactive.
The CIN (Corporate Identification Number) of GTS Industries is U24110AP2005PTC046408. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
GTS Industries has 16 court cases on record: 4 filed by the company and 12 filed against it. 3 are pending. Most are in the district courts.
GTS Industries was incorporated on 01 June 2005, making it 21+ years old. It is registered with the Registrar of Companies, Vijayawada.
Koushik Roy was appointed as Additional Director on 25 Jan 2018. Sathish Gunda was appointed as Director on 02 Dec 2017. Sure Bhanu was appointed as Director on 02 Dec 2017. GTS Industries has 12 board changes on record in total.
The registered office of GTS Industries is at 54111632. 3rd Floor Sweet Homes Apartments Isukathota, Visakhapatnam, Andhra Pradesh, India – 530022.
GTS Industries operates in the chemicals and materials industry, in the chemical distribution and retail segment.