About TM Tyres Limited
Data last updated:
TM Tyres Limited is a public limited company based in Secunderabad, Telangana, India. It operates in the auto parts and components segment of the automotive sector. It was incorporated on 22 June 1995 and has been in existence for over 31 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U25190TG1995PLC020787. Its GSTIN is 36AAACT8850C1ZE (Telangana). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹25 Cr and a paid-up capital of ₹14.6 Cr. It is led by directors including Ashok Kumar Agarwal (Managing Director) and Sunita Kumari Agarwal (Whole-Time Director).
Its last annual general meeting (AGM) was held on 18 September 2020, and its latest financial statements are for the year ended 31 March 2019. The registered office is at 1 – 8 – 303/48/5 And 8 4th Floor K.P.R.House S.P.Road, Secunderabad, Telangana, India – 500003.
As per the financials filed for FY 2019, the company reported a revenue of ₹2.17 Lakh. For the same year it recorded a net loss of ₹20.78 Lakh and EBITDA of -₹20.78 Lakh. Revenue has declined at a compounded annual rate (CAGR) of 26% over three years and 76% over five years.
As per MCA filings, the company has satisfied charges of ₹82.16 Cr on record. Court records list 49 cases involving the company, including 31 filed by the company and 19 filed against it; 9 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 tmtyres.com.
Company details
CIN history
TM Tyres has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U25190TG1995PLC020787, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U25190TG1995PLC020787 | Current |
| U25190AP1995PLC020787 | Previous |
| U99999AP1995PLC020787 | Previous |
Contact details
TM Tyres Limited's registered office is in Secunderabad, Telangana. Its website is tmtyres.com. Its e-mail address is in the company report.
- Email
- Website
- Registered Address1 – 8 – 303/48/5 And 8 4th Floor K.P.R.House S.P.Road, Secunderabad, Telangana, India – 500003
- IndustryAutomotive, Auto Parts & Components
To see the full contact details of TM Tyres 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 TM Tyres is manufacturing. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C8 | Plastic products, non-metallic mineral products, rubber products, fabricated metal products |
To see the full business activity and turnover split of TM Tyres Limited, buy the company report.
Financials of TM Tyres Limited
FY 2019 filings availableTM Tyres Limited reported revenue of ₹2.17 Lakh for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 76% 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹2.17 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹20.78 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹20.78 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 | |||||
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Financial Ratios
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | |||||
| Net Profit Margin | |||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
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| Quick Ratio | |||||
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| 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 TM Tyres Limited, buy the company report.
Board of directors of TM Tyres Limited
TM Tyres has 3 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Satish Kumar Agarwal | Additional Director | 21 Jan 2019 | 7 Years 9 Months | Current |
| Ashok Kumar Agarwal | Managing Director | 22 Jun 1995 | 31 Years 4 Months | Current |
| Sunita Kumari Agarwal | Whole-Time Director | 11 Nov 2002 | 23 Years 11 Months | Current |
Auditor
TM Tyres Limited is audited by ARVIND BAID & ASSOCIATES for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ARVIND BAID & ASSOCIATES | FY 2019 | 137526W |
Shareholding
The shareholding of TM Tyres Limited is on record for FY 2019, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2019 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of TM Tyres Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 08 Dec 2011 | 10322129 | Kotak Mahindra Bank Limited | ₹2 Cr | Satisfied | |
| 06 Oct 2006 | 10025570 | State Bank of Hyderabad | ₹69.88 Cr | Satisfied | |
| 16 Feb 2000 | 90115932 | State Bank of Hyderabad | ₹2.75 Cr | Satisfied | |
| 16 Feb 2000 | 90118954 | State Bank of Hyderabad | ₹2.75 Cr | Satisfied | |
| 14 May 1999 | 90115833 | State Bank of Hyderabad | ₹93.5 Lakh | Satisfied |
To see the full charge records of TM Tyres Limited, buy the company report.
Total charge records: 7 View all charges
Legal cases
TM Tyres Limited has 49 court cases on record: 31 filed by TM Tyres, 19 filed against it. 9 cases are pending and 40 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 38 | 11 | 9 |
| District courts | 11 | 8 | 0 |
Cases on record (5 of 49)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Andhra Pradesh | Court case (CRLP) | Filed by the company against Ms Chaitanya Packagings Pvt Limited and 1 other | Pending |
| High Court, TELANGANA | Court case (COMPA) | Filed against the company by M/S Balaji Avenues LLP | Pending |
| High Court, TELANGANA | Court case (COMPA) | Filed against the company by M/S Schrader Duncan Limited, | Pending |
| High Court, TELANGANA | Writ petition | Filed against the company by M/S.Tm Tyres Ltd., | Pending |
| High Court, TELANGANA | Writ petition | Filed by the company against M/S.Tm Tyres Ltd., and 4 others | Pending |
To see the full case history of TM Tyres 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.
Credit ratings & regulatory alerts
TM Tyres Limited was last rated by Crisil on 27 Aug 2016.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 27 Aug 2016 |
To see the full credit ratings and regulatory alerts of TM Tyres Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for TM Tyres Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
TM Tyres has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AAACT8850C1ZE | Telangana | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of TM Tyres Limited, buy the company report.
Recent activity
TM Tyres Limited has 11 board changes on record since 1995: 3 appointments and 8 cessations. The latest: Nitin Agrawal ceased to be Director on 21 Jan 2019.
21 earlier events are in the company report.
Frequently asked questions
TM Tyres is an active public limited company based in Secunderabad, Telangana, India. The company works in auto parts and components, within the automotive industry. It was incorporated on 22 June 1995 (31+ years old) and is registered under CIN U25190TG1995PLC020787.
TM Tyres has 3 current directors:
- Ashok Kumar Agarwal - Managing Director
- Sunita Kumari Agarwal - Whole-Time Director
- Satish Kumar Agarwal - Additional Director
The latest financial statements of TM Tyres on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 18 September 2020. Year-wise statements from 2015 are in the company report.
The GSTIN of TM Tyres is 36AAACT8850C1ZE, registered in Telangana. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of TM Tyres is U25190TG1995PLC020787. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
TM Tyres has 49 court cases on record: 31 filed by the company and 19 filed against it. 9 are pending. Most are in the high courts.
TM Tyres was incorporated on 22 June 1995, making it 31+ years old. It is registered with the Registrar of Companies, Hyderabad.
Nitin Agrawal ceased to be Director on 21 Jan 2019. Satish Kumar Agarwal was appointed as Additional Director on 21 Jan 2019. Sheetal Agarwal ceased to be Additional Director on 21 Jan 2019. TM Tyres has 11 board changes on record in total.
TM Tyres can be reached through the website tmtyres.com. Its registered office is in Secunderabad, Telangana, India.
The registered office of TM Tyres is at 1 – 8 – 303485 And 8 4th Floor K.P.R.House S.P.Road, Secunderabad, Telangana, India – 500003.