Shakthi Solid Tyres Private Limited
About Shakthi Solid Tyres Private Limited
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Shakthi Solid Tyres Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the rubber-based products segment of the manufacturing sector. It was incorporated on 15 March 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U25190TN2012PTC084948. Its GSTIN is 27AARCS3861M1ZJ (Maharashtra). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Padma Subramanian and Kalavathi.
Its last annual general meeting (AGM) was held on 26 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at Charukesi Plot No.41 Door No.8/1A Second Main Road Purushotham Nagar Chrompet, Chennai, Tamil Nadu, India – 600044.
As per the financials filed for FY 2021, the company reported a revenue of ₹26.4 Lakh, a decline of 82% compared to the previous year. For the same year it recorded a net loss of ₹12.04 Lakh (net margin -45.6%) and EBITDA of -₹2.19 Lakh (EBITDA margin -8.3%). Revenue has declined at a compounded annual rate (CAGR) of 31% over three years and 13% over five years.
As per MCA filings, the company has open charges of ₹68 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered AddressCharukesi Plot No.41 Door No.8/1A Second Main Road Purushotham Nagar Chrompet, Chennai, Tamil Nadu, India – 600044
- IndustryManufacturing, Rubber-Based Products
- 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 of Shakthi Solid Tyres Private Limited
The main business activity of Shakthi Solid Tyres is manufacturing. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C8 | Plastic products, non-metallic mineral products, rubber products, fabricated metal products | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Shakthi Solid Tyres Private Limited FY 2021 filings available
Shakthi Solid Tyres Private Limited reported revenue of ₹26.4 Lakh (down 82% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR) of Shakthi Solid Tyres Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 13% over five years, including a 82% fall in the latest year. EBITDA fell 117% 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 of Shakthi Solid Tyres Private Limited
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| 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 | -₹2.19 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹12.04 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 | •••• | •••• | •••• | •••• | •••• |
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| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Shakthi Solid Tyres Private Limited
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -8.3% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -45.6% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Shakthi Solid Tyres are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Shakthi Solid Tyres Private Limited
Shakthi Solid Tyres Private Limited is compared with the companies closest to it by revenue in the Manufacturing industry (Rubber Based Products, Tyres). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Avio Tyres Private Limited | •••• | •••• | •••• | •••• | - | Ambikapur, Chattisgarh, India |
| Anuj Tyres Private Limited | •••• | •••• | •••• | •••• | - | Solapur, Maharashtra, India |
| R V Electroplast Private Limited | •••• | •••• | •••• | •••• | - | Delhi, India |
| Elastomer Lining Works Private Limited | •••• | •••• | •••• | •••• | - | Ambarnath, Maharashtra, India |
| Trex Tyres India Private Limited | •••• | •••• | •••• | •••• | - | Ernakulam, Kerala, India |
| Shakthi Solid Tyres Private Limited this company | •••• | •••• | •••• | •••• | - | Chennai, Tamil Nadu, India |
| Raj Kamal Polymers Private Limited | •••• | •••• | •••• | •••• | - | Mysore, Karnataka, India |
| Economy Tyres and Services Private Limited | •••• | •••• | •••• | •••• | - | Bangalore, Karnataka, India |
| Precision Business Park Private Limited | •••• | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
| The Padinjarekara Agencies Private Limited | •••• | •••• | •••• | •••• | - | Kottayam, Kerala, India |
| Emaarp Tyres Private Limited | •••• | •••• | •••• | •••• | - | Delhi, India |
Peers are the five companies nearest above and the five nearest below Shakthi Solid Tyres by revenue in the Manufacturing industry (Rubber Based Products, Tyres), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Auditor Details of Shakthi Solid Tyres Private Limited
Auditor information for Shakthi Solid Tyres Private Limited provides details about the firm responsible for auditing the company's financial statements and ensuring compliance with regulatory requirements.
Board of Directors of Shakthi Solid Tyres Private Limited
Shakthi Solid Tyres has 2 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Padma Subramanian | Director | 19 Sep 2018 | 8 Years 0 Months | Current |
| Kalavathi | Director | 05 Sep 2018 | 8 Years 1 Months | Current |
Ownership and Shareholding of Shakthi Solid Tyres Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Shakthi Solid Tyres Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 22 Dec 2012 | Others | ₹68 Lakh | Open |
Total charge records: 1 View all charges
Employees and EPFO Compliance at Shakthi Solid Tyres Private Limited
Employment history and EPFO contributions of people linked to Shakthi Solid Tyres.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Shakthi Solid Tyres Private Limited
Shakthi Solid Tyres Private Limited has 8 board changes on record since 2017: 2 appointments and 6 cessations. The latest: Kalavathi ceased to be Additional Director on 30 Sep 2019.
1 earlier event is listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Shakthi Solid Tyres Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Shakthi Solid Tyres Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Shakthi Solid Tyres Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Shakthi Solid Tyres Private Limited
Shakthi Solid Tyres has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AARCS3861M1ZJ | Maharashtra | Active | 17 Jun 2019 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Shakthi Solid Tyres Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Shakthi Solid Tyres Private Limited
Shakthi Solid Tyres is an active private limited company based in Chennai, Tamil Nadu, India. The company works in rubber-based products, within the manufacturing industry. It was incorporated on 15 March 2012 (14+ years old) and is registered under CIN U25190TN2012PTC084948.
Shakthi Solid Tyres reported revenue of ₹26.4 Lakh for FY 2021 (down 82% YoY).
Shakthi Solid Tyres has 2 current directors:
- Padma Subramanian - Director
- Kalavathi - Director
Shakthi Solid Tyres reported a net loss of ₹12.04 Lakh (net margin -45.6%) and EBITDA of -₹2.19 Lakh (EBITDA margin -8.3%) for FY 2021, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Shakthi Solid Tyres is -31% over three years and -13% over five years. In the latest year (FY 2021) revenue fell 82%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Shakthi Solid Tyres is 27AARCS3861M1ZJ, registered in Maharashtra. 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 Shakthi Solid Tyres is U25190TN2012PTC084948. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Shakthi Solid Tyres was incorporated on 15 March 2012, making it 14+ years old. It is registered with the Registrar of Companies, Chennai.
The peers of Shakthi Solid Tyres by revenue are Avio Tyres Private Limited, Anuj Tyres Private Limited, R V Electroplast Private Limited, Elastomer Lining Works Private Limited, Trex Tyres India Private Limited and 5 more, all in the Manufacturing industry (Rubber Based Products, Tyres).
Kalavathi ceased to be Additional Director on 30 Sep 2019. Padma Subramanian ceased to be Additional Director on 30 Sep 2019. Asaithambi Radhakrishnan ceased to be Director on 28 May 2019. Shakthi Solid Tyres has 8 board changes on record in total.
The registered office of Shakthi Solid Tyres is at Charukesi Plot No.41 Door No.81A Second Main Road Purushotham Nagar Chrompet, Chennai, Tamil Nadu, India – 600044.