About Meco-Tronics Private Limited
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Meco-Tronics Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the real estate financing segment of the financial services sector. It was incorporated on 14 June 1948 and has been in existence for over 78 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U51102TN1948PTC001495. Its GSTIN is 33AAACM2562L1ZJ (Tamil Nadu).
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹50 Lakh. It was formerly known as Mahomed Ebrahim & Company Limited and Meco-Tronics Limited. It is led by directors including Jayakumar and Jayaram Mudaliar Murugesan.
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 New No.47 (Old N0.11A1) Meco House Anna Salai, Chennai, Tamil Nadu, India – 600002.
As per the financials filed for FY 2024, the company reported a revenue of ₹2.11 Cr, a decline of 7% compared to the previous year. For the same year it recorded a net profit of ₹36.33 Lakh (net margin 17.2%) and EBITDA of ₹1.8 Cr (EBITDA margin 85.6%). Revenue has grown at a compounded annual rate (CAGR) of 13% over three years and 5% over five years.
As per MCA filings, the company has open charges of ₹94.8 Cr and satisfied charges of ₹85.85 Cr on record. Court records list 34 cases involving the company, including 21 filed by the company and 13 filed against it; 3 cases are pending.
The current compliance status is marked as active non-compliant by the Registrar of Companies. For more details, the company can be reached via its website mecotronics.com.
Company details
Name history
Meco-Tronics has undergone 2 name changes throughout its history. The company was previously known as Mahomed Ebrahim & Company Limited, and Meco-Tronics Limited. The current legal name is Meco-Tronics Private Limited.
| Company Name | Status |
|---|---|
| Meco-Tronics Private Limited | Current |
| Mahomed Ebrahim & Company Limited | Previous |
| Meco-Tronics Limited | Previous |
Contact details
Meco-Tronics Private Limited's registered office is in Chennai, Tamil Nadu. Its website is mecotronics.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressNew No.47 (Old N0.11A1) Meco House Anna Salai, Chennai, Tamil Nadu, India – 600002
- IndustryFinancial Services, Real Estate Financing
To see the full contact details of Meco-Tronics 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 Meco-Tronics is real estate. In detail, this covers real estate activities with own or leased property.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| L | Real Estate | L1 | Real estate activities with own or leased property |
To see the full business activity and turnover split of Meco-Tronics Private Limited, buy the company report.
Financials of Meco-Tronics Private Limited
FY 2024 filings availableMeco-Tronics Private Limited reported revenue of ₹2.11 Cr (down 7% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue fell 7% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 5%. EBITDA rose 1% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹1.8 Cr | ||||
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| Net Profit (PAT) | ₹36.33 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 85.6% | ||||
| Net Profit Margin | 17.2% | ||||
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To see the full financial statements and ratios of Meco-Tronics Private Limited, buy the company report.
Board of directors of Meco-Tronics Private Limited
Meco-Tronics has 3 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jayakumar | Director | 02 May 2016 | 10 Years 5 Months | Current |
| Murugesan Sumitha Also directs: Padmanabha Land Developers LLP, Nilakanthaa Land Promoters LLP, Vishnumurthy Land Promoters LLP and 5 more | Additional Director | 10 Jan 2008 | 18 Years 9 Months | Current |
| Jayaram Mudaliar Murugesan Also directs: Varagaa Promoter LLP, Hiiranmaayee Land Realtors LLP, Ruddhii Land Realtors LLP and 5 more | Director | 02 May 2016 | 10 Years 5 Months | Current |
Auditor
Meco-Tronics Private Limited is audited by Guru & Co for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Guru & Co | FY 2022 | 01026S |
Shareholding
The shareholding of Meco-Tronics 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 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Meco-Tronics Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 06 Jan 2025 | 101053677 | Hdfc Bank Limited | ₹10.5 Cr | Open | |
| 06 Jan 2025 | 101053684 | Hdfc Bank Limited | ₹43 Cr | Open | |
| 06 Jan 2025 | 101053693 | Hdfc Bank Limited | ₹8.5 Cr | Open | |
| 06 Jan 2025 | 101053704 | Hdfc Bank Limited | ₹3.4 Cr | Open | |
| 09 Nov 2023 | 100811573 | Others | ₹29.4 Cr | Open |
To see the full charge records of Meco-Tronics Private Limited, buy the company report.
Total charge records: 13 View all charges
Legal cases
Meco-Tronics Private Limited has 34 court cases on record: 21 filed by Meco-Tronics, 13 filed against it. 3 cases are pending and 31 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 28 | 9 | 3 |
| District courts | 4 | 3 | 0 |
| Supreme Court | 2 | 1 | 0 |
Cases on record (5 of 34)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Chennai, Tamil Nadu | Appeal | Filed against the company by T.N.K.Govindaraju Chetty @ Co. Pvt Ltd. | Disposed |
| District court, Chennai, Tamil Nadu | Petition | Filed against the company by T.N.K.Govindaraju Chetty @ Co. Pvt Ltd. | Disposed |
| High Court, TAMIL NADU | Interim or miscellaneous application | Filed against the company by Hindustan Composites Ltd., | Disposed |
| High Court, TAMIL NADU | Court case (CRP NPD) | Filed against the company by Hindustan Composites Ltd., | Disposed |
| High Court, TAMIL NADU | Appeal | Filed by the company against an individual | Pending |
To see the full case history of Meco-Tronics 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 Meco-Tronics Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Meco-Tronics has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAACM2562L1ZJ | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Meco-Tronics Private Limited, buy the company report.
Recent activity
Meco-Tronics Private Limited has 13 board changes on record since 2008: 3 appointments and 10 cessations. The latest: Baskaran Anubama ceased to be Director on 24 Apr 2024.
27 earlier events are in the company report.
Frequently asked questions
Meco-Tronics is an active private limited company based in Chennai, Tamil Nadu, India. The company works in real estate financing, within the financial services industry. It was incorporated on 14 June 1948 (78+ years old) and is registered under CIN U51102TN1948PTC001495.
Meco-Tronics has 3 current directors:
- Jayakumar - Director
- Murugesan Sumitha - Additional Director
- Jayaram Mudaliar Murugesan - Director
The latest financial statements of Meco-Tronics 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 Meco-Tronics is 33AAACM2562L1ZJ, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Meco-Tronics is U51102TN1948PTC001495. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Meco-Tronics has 34 court cases on record: 21 filed by the company and 13 filed against it. 3 are pending. Most are in the high courts.
Meco-Tronics was incorporated on 14 June 1948, making it 78+ years old. It is registered with the Registrar of Companies, Chennai.
Baskaran Anubama ceased to be Director on 24 Apr 2024. Bhaskar Anubama ceased to be Director on 17 Oct 2016. Jayakumar was appointed as Director on 02 May 2016. Meco-Tronics has 13 board changes on record in total.
Meco-Tronics can be reached through the website mecotronics.com. Its registered office is in Chennai, Tamil Nadu, India.
The registered office of Meco-Tronics is at New No.47 Old N0.11A1 Meco House Anna Salai, Chennai, Tamil Nadu, India – 600002.