Madras Cable Industries Private Limited

Madras Cable Industries Private Limited - manufacturing in Chennai, Tamil Nadu, India. FY 2026 financials & compliance.
CIN U31300TN1994PTC027153 Incorporated 29 March 1994 ROC Chennai HQ Chennai, Tamil Nadu, India
Active Private Limited Company manufacturing MSME · Small
Data last updated
Revenue · FY 2024
₹6.4 Cr
▼ 42% YoY
Net profit · FY 2024
₹61.24 Lakh
Net margin 9.6%
EBITDA · FY 2024
₹1.31 Cr
EBITDA margin 20.4%
Authorised capital
₹40 Lakh
Registered with MCA
Paid-up capital
₹36.59 Lakh
Issued & subscribed
Open charges
₹11.38 Cr
Satisfied ₹1.5 Cr
Company age
32 yrs
Est. 1994
Directors on board
3
As per MCA filings

About Madras Cable Industries Private Limited

Data last updated:

Madras Cable Industries Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the cable and wire segment of the manufacturing sector. It was incorporated on 29 March 1994 and has been in existence for over 32 years.

The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U31300TN1994PTC027153. Its GSTIN is 33AAACM9249G1ZG (Tamil Nadu).

The company has an authorised share capital of ₹40 Lakh and a paid-up capital of ₹36.59 Lakh. It is led by directors including Desraj Verma (Managing Director) and Sonia Gulati.

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 118/14 General Patternsmount Road Madras 600 002, Chennai, Tamil Nadu, India – 600002.

As per the financials filed for FY 2024, the company reported a revenue of ₹6.4 Cr, a decline of 42% compared to the previous year. For the same year it recorded a net profit of ₹61.24 Lakh (net margin 9.6%) and EBITDA of ₹1.31 Cr (EBITDA margin 20.4%). Revenue has declined at a compounded annual rate (CAGR) of 17% over three years and 6% over five years.

As per MCA filings, the company has open charges of ₹11.38 Cr and satisfied charges of ₹1.5 Cr on record.

Madras Cable Industries Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-02-0037405). The current compliance status is marked as compliant by the Registrar of Companies.

Company details

CIN U31300TN1994PTC027153
Registration Number 027153
Incorporation Date 29 March 1994
ROC Chennai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-TN-02-0037405

Recognitions & Rankings of Madras Cable Industries

MSME (Udyam registered) Ministry of MSME
Category
Small (2024-25)
Udyam number
UDYAM-TN-02-0037405

Contact details

Madras Cable Industries 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 Address
    118/14 General Patternsmount Road Madras 600 002, Chennai, Tamil Nadu, India – 600002
  • Industry
    Manufacturing, Cable & Wire

To see the full contact details of Madras Cable Industries Private Limited, buy the company report.

Comprehensive company report
Madras Cable Industries Private Limited - one report that includes everything
  • 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
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Business activity

The main business activity of Madras Cable Industries is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC10Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment

To see the full business activity and turnover split of Madras Cable Industries Private Limited, buy the company report.

Financials of Madras Cable Industries Private Limited

FY 2024 filings available

Madras Cable Industries Private Limited reported revenue of ₹6.4 Cr (down 42% YoY) for FY 2024.

Revenue · FY 2024
₹6.4 Cr ▼ 42%
Net profit · FY 2024
₹61.24 Lakh margin 9.6%
EBITDA · FY 2024
₹1.31 Cr margin 20.4%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 42%
3 years · compounded
▲ 17%
5 years · compounded
▼ 6%
EBITDA CAGR growth
1 year
▼ 7%
3 years · compounded
▲ 45%
5 years · compounded
▲ 6%

Revenue has declined at a compounded annual rate (CAGR) of 6% over five years, including a 42% fall in the latest year. EBITDA fell 7% 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
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₹1.31 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹61.24 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin20.4%
Net Profit Margin9.6%
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 Madras Cable Industries Private Limited, buy the company report.

Board of directors of Madras Cable Industries Private Limited

Madras Cable Industries has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Sonia GulatiDirector19 Jul 20179 Years 3 MonthsCurrent
Desraj VermaManaging Director29 Mar 199432 Years 7 MonthsCurrent
Tara Rani VermaDirector29 Mar 199432 Years 7 MonthsCurrent

Auditor

Madras Cable Industries Private Limited is audited by KHAJA & SAIT for the financial year 2023.

Auditor firmFinancial yearFirm registration number
KHAJA & SAITFY 2023001786S

Shareholding

The shareholding of Madras Cable Industries Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Madras Cable Industries Private Limited, buy the company report.

Charges & borrowings

Open charges
₹11.38 Cr
Satisfied charges
₹1.5 Cr
Breakdown by lending institutions
Canara Bank₹11.38 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
26 May 199590288866Canara Bank₹10.85 CrOpen
26 May 199590294328Canara Bank₹52.5 LakhOpen
24 Aug 2017100118807Others₹1.5 CrSatisfied

To see the full charge records of Madras Cable Industries Private Limited, buy the company report.

Total charge records: 3 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Madras Cable Industries Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Madras Cable Industries has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
33AAACM9249G1ZGTamil NaduActive01 Jul 2017

To see the full GST registrations and return filing status of Madras Cable Industries Private Limited, buy the company report.

Recent activity

Madras Cable Industries Private Limited has 4 board changes on record since 1994: 3 appointments and 1 cessation. The latest: Sonia Gulati ceased to be Additional Director on 29 Sep 2017.

AGM
Madras Cable Industries Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Madras Cable Industries Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.
Charges
A charge with Canara Bank of Rs. 1,085.00 Lakh registered on 26 May 1995 with Charge ID 90288866 was modified on 17 Jun 2020.
Charges
A charge registered on 24 Aug 2017 via Charge ID 100118807 with Others was fully satisfied on 25 Oct 2018.
Ceased
Sonia Gulati ceased to be Additional Director.
Charges
A charge with Others amounted to Rs. 150.00 Lakh with Charge ID 100118807 was registered on 24 Aug 2017.
Appointed
Sonia Gulati was appointed as Director.
Charges
A charge with Canara Bank of Rs. 52.50 Lakh registered on 26 May 1995 with Charge ID 90294328 was modified on 14 Mar 2005.
Charges
A charge with Canara Bank amounted to Rs. 52.50 Lakh with Charge ID 90294328 was registered on 26 May 1995.
Charges
A charge with Canara Bank amounted to Rs. 1,085.00 Lakh with Charge ID 90288866 was registered on 26 May 1995.
Appointed
Desraj Verma was appointed as Managing Director.
Appointed
Tara Rani Verma was appointed as Director.

1 earlier event is in the company report.

Frequently asked questions

Madras Cable Industries is an active private limited company based in Chennai, Tamil Nadu, India. The company works in cable and wire, within the manufacturing industry. It was incorporated on 29 March 1994 (32+ years old) and is registered under CIN U31300TN1994PTC027153.

Madras Cable Industries has 3 current directors:

The latest financial statements of Madras Cable 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 Madras Cable Industries is 33AAACM9249G1ZG, registered in Tamil Nadu.

The CIN (Corporate Identification Number) of Madras Cable Industries is U31300TN1994PTC027153. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Madras Cable Industries was incorporated on 29 March 1994, making it 32+ years old. It is registered with the Registrar of Companies, Chennai.

Sonia Gulati ceased to be Additional Director on 29 Sep 2017. Sonia Gulati was appointed as Director on 19 Jul 2017. Desraj Verma was appointed as Managing Director on 29 Mar 1994. Madras Cable Industries has 4 board changes on record in total.

Yes, Madras Cable Industries is registered as a small enterprise under Udyam registration (number: UDYAM-TN-02-0037405).

The registered office of Madras Cable Industries is at 11814 General Patternsmount Road Madras 600 002, Chennai, Tamil Nadu, India – 600002.

Madras Cable Industries operates in the manufacturing industry, in the cable and wire segment.