Murugappa Holdings Limited
About Murugappa Holdings Limited
Data last updated:
Murugappa Holdings Limited was a public limited company based in Chennai, Tamil Nadu, India, operated as a subsidiary of Ambadi Investments 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 financial holding companies segment of the financial services sector. It was incorporated on 24 September 1977.
The company was registered with the Registrar of Companies (ROC), Chennai, under CIN U65993TN1977PLC070246. The company has 4 GST registrations on record, none of which is active.
The company had an authorised share capital of ₹57 Cr and a paid-up capital of ₹4.08 Cr. It was led by directors including Vikram Vijayaraghavan and Murugappan Murugappan Muthiah.
Its last annual general meeting (AGM) was held on 26 December 2016, and its latest financial statements are for the year ended 31 March 2016. The registered office was at Parry House 5th Floor 43 Moore Street, Chennai, Tamil Nadu, India – 600001.
As per the financials filed for FY 2016, the company reported a revenue of ₹32.52 Cr, a growth of 1% compared to the previous year. For the same year it recorded a net profit of ₹18.25 Cr (net margin 56.1%) and EBITDA of ₹32.29 Cr (EBITDA margin 99.3%).
As per MCA filings, the company had satisfied charges of ₹808.71 Cr on record. Court records list 1 case involving the company, including 1 filed by the company.
Company details
CIN history
Murugappa Holdings has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U65993TN1977PLC070246, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U65993TN1977PLC070246 | Current |
| U01119KL1977PLC002923 | Previous |
| U01119TN1977PLC070246 | Previous |
Contact details
Murugappa Holdings Limited's registered office is in Chennai, Tamil Nadu. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressParry House 5th Floor 43 Moore Street, Chennai, Tamil Nadu, India – 600001
- IndustryFinancial Services, Financial Holding Companies
To see the full contact details of Murugappa Holdings 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 Murugappa Holdings is financial and insurance service. In detail, this covers activities by trusts, funds and other financial holding companies.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K2 | Activities by Trusts, funds and other financial holding companies |
To see the full business activity and turnover split of Murugappa Holdings Limited, buy the company report.
Financials of Murugappa Holdings Limited
FY 2016 filings availableMurugappa Holdings Limited reported revenue of ₹32.52 Cr (up 1% YoY) for FY 2016.
Compounded Annual Growth Rate (CAGR)
Revenue rose 1% in the latest year. EBITDA rose 2% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ||
| Other Income | ||
| Total Revenue | ₹32.52 Cr | |
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | ₹32.29 Cr | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | ₹18.25 Cr | |
| 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 2015-16 | FY 2014-15 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 99.3% | |
| Net Profit Margin | 56.1% | |
| 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 Murugappa Holdings Limited, buy the company report.
Board of directors of Murugappa Holdings Limited
Murugappa Holdings has 6 current directors and 17 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vikram Vijayaraghavan | Director | 30 Mar 2015 | 11 Years 7 Months | As last reported |
| Murugappan Murugappan Muthiah Also directs: Boat Club Ventures LLP, Carborundum Universal Limited, Rane Holdings Limited and 5 more | Director | 09 Feb 2012 | 14 Years 8 Months | As last reported |
| Padmanabhan Nagarajan Also directs: Kartik Investments Trust Limited, Parry Sugars Refinery India Private Limited, Jasper Industries Private Limited and 2 more | Director | 30 Mar 2015 | 11 Years 7 Months | As last reported |
| Venkatachalam Ravichandran Also directs: Vivardhana Microfinance Limited | Director | 09 Feb 2012 | 14 Years 8 Months | As last reported |
| Vellayan Arunachalam | Director | 09 Feb 2012 | 14 Years 8 Months | As last reported |
| Ramesh K B Menon Also directs: Vaikarya Consultants LLP, E.I.D Parry (India) Limited, Parry Agro Industries Limited and 1 more | Director | 16 Nov 2013 | 12 Years 11 Months | As last reported |
Auditor
Murugappa Holdings Limited is audited by DELOITTE HASKINS & SELLS for the financial year 2016.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| DELOITTE HASKINS & SELLS | FY 2016 | 008072S |
Shareholding
The shareholding of Murugappa Holdings Limited is on record for FY 2016, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2016 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Foreign institutional investors (FII) | |
| Public | |
| Others |
To see the full shareholding pattern of Murugappa Holdings Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Aug 2011 | 10307095 | New India Co-Op Bank Ltd | ₹14 Cr | Satisfied | |
| 23 Nov 2010 | 10260896 | Hdfc Bank Limited | ₹15 Cr | Satisfied | |
| 23 Dec 2009 | 10196604 | Yes Bank Limited | ₹25 Cr | Satisfied | |
| 19 Aug 2009 | 10175003 | Indusind Bank Ltd. | ₹5 Cr | Satisfied | |
| 10 Aug 2009 | 10173625 | New India Co-Op.Bank Ltd | ₹24 Cr | Satisfied |
To see the full charge records of Murugappa Holdings Limited, buy the company report.
Total charge records: 25 View all charges
Legal cases
Murugappa Holdings Limited has 1 court case on record: 1 filed by Murugappa Holdings. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court | Tax appeal | Filed by the company against Commissioner of Income Tax, | Disposed |
To see the full case history of Murugappa Holdings 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
Murugappa Holdings Limited was last rated by Icra on 21 Aug 2017.
| Rating agency | Rated on | Rating |
|---|---|---|
| Icra | 21 Aug 2017 |
To see the full credit ratings and regulatory alerts of Murugappa Holdings Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Murugappa Holdings Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Murugappa Holdings has 4 associated companies. This group structure data is as of FY 2016. The table lists each entity with its relationship and holding.
GST
Murugappa Holdings has 4 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Murugappa Holdings Limited, buy the company report.
Recent activity
Murugappa Holdings Limited has 22 board changes on record since 2008: 6 appointments and 16 cessations. The latest: Padmanabhan Nagarajan ceased to be Additional Director on 12 Aug 2015.
71 earlier events are in the company report.
Frequently asked questions
Murugappa Holdings 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.
Murugappa Holdings was a public limited company based in Chennai, Tamil Nadu, India. The company worked in financial holding companies, within the financial services industry. It was incorporated on 24 September 1977 and is registered under CIN U65993TN1977PLC070246. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Murugappa Holdings was incorporated on 24 September 1977. It is registered with the Registrar of Companies, Chennai.
Murugappa Holdings had 6 directors:
- Vikram Vijayaraghavan - Director
- Murugappan Murugappan Muthiah - Director
- Padmanabhan Nagarajan - Director
- Venkatachalam Ravichandran - Director
- Vellayan Arunachalam - Director
- Ramesh K B Menon - Director
The CIN (Corporate Identification Number) of Murugappa Holdings is U65993TN1977PLC070246. 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 Murugappa Holdings is at Parry House 5th Floor 43 Moore Street, Chennai, Tamil Nadu, India – 600001.
The latest financial statements of Murugappa Holdings on record with the MCA are for the year ended 31 March 2016. Its last annual general meeting was held on 26 December 2016. Year-wise statements from 2015 are in the company report.
No. Murugappa Holdings has 4 GST registrations on record and all of them are cancelled or inactive.
Murugappa Holdings operated in the financial services industry, in the financial holding companies segment.
Murugappa Holdings has 1 court case on record: 1 filed by the company.
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