Sunco Machines Limited - financial services in Chennai, Tamil Nadu, India. Directors, charges & compliance details.
CIN U29129TN1983PLC009786 Incorporated 05 January 1983 ROC Chennai HQ Chennai, Tamil Nadu, India
Struck Off Public Limited Company financial services
Data last updated
Revenue · FY 2021
₹1.57 Lakh
Latest filing
Net profit · FY 2021
₹1.03 Lakh
Net margin 65.8%
EBITDA · FY 2021
₹1.03 Lakh
EBITDA margin 65.8%
Authorised capital
₹75 Lakh
Registered with MCA
Paid-up capital
₹18.66 Lakh
Issued & subscribed
Satisfied charges
₹10.6 Lakh
No open charges
Company age
43 yrs
Est. 1983
Directors on board
3
As per MCA filings

About Sunco Machines Limited

Data last updated:

Sunco Machines Limited was a public limited company based in Chennai, Tamil Nadu, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the diversified financial services segment of the financial services sector. It was incorporated on 05 January 1983.

The company was registered with the Registrar of Companies (ROC), Chennai, under CIN U29129TN1983PLC009786.

The company had an authorised share capital of ₹75 Lakh and a paid-up capital of ₹18.66 Lakh. It was led by directors including Srinath Ratnam Rajam and Sowrirajan Krishnamachary.

Its last annual general meeting (AGM) was held on 30 September 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office was at 27(Old No.11) Sathya Narayana Avenue Off Boat Club Road R.A.Puram, Chennai, Tamil Nadu, India – 600028.

As per the financials filed for FY 2021, the company reported a revenue of ₹1.57 Lakh. For the same year it recorded a net profit of ₹1.03 Lakh (net margin 65.8%) and EBITDA of ₹1.03 Lakh (EBITDA margin 65.8%). Revenue has grown at a compounded annual rate (CAGR) of 111% over three years and 104% over five years.

As per MCA filings, the company had satisfied charges of ₹10.6 Lakh on record. Court records list 11 cases involving the company, including 1 filed by the company and 2 filed against it; 1 case is pending.

Company Details of Sunco Machines Limited
CIN U29129TN1983PLC009786
Registration Number 009786
Incorporation Date 05 January 1983
ROC Chennai
Listing Status Unlisted
Company Status Struck Off
Date of Last AGM 30 September 2021
Date of Balance Sheet 31 March 2021
Compliance Status Active Compliant
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Website
    Locked
  • Social Media
    Locked
  • Registered Address
    27(Old No.11) Sathya Narayana Avenue Off Boat Club Road R.A.Puram, Chennai, Tamil Nadu, India – 600028
  • Industry
    Financial Services, Diversified Financial Services
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Financials, compliance, directors, charges, ownership and filings for Sunco Machines Limited in one report.

Financials from 2015 Directors & ownership Charges & compliance

Financials of Sunco Machines Limited FY 2021 filings available

Sunco Machines Limited reported revenue of ₹1.57 Lakh for FY 2021.

Revenue · FY 2021
₹1.57 Lakh
Net profit · FY 2021
₹1.03 Lakh margin 65.8%
EBITDA · FY 2021
₹1.03 Lakh margin 65.8%

Compounded Annual Growth Rate (CAGR) of Sunco Machines Limited

Revenue CAGR growth
3 years · compounded
▲ 111%
5 years · compounded
▲ 104%
EBITDA CAGR growth
1 year
▲ 549%
3 years · compounded
▲ 93%
5 years · compounded
▲ 35%

Revenue has grown at a compounded annual rate (CAGR) of 104% over five years. EBITDA rose 549% 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 Sunco Machines Limited

MetricsFY 2020-21FY 2019-20FY 2018-19FY 2017-18FY 2016-17
Profit and Loss Statement
Revenue from Operations••••••••••••••••••••
Other Income••••••••••••••••••••
Total Revenue₹1.57 Lakh••••••••••••••••
Cost of Materials Consumed••••••••••••••••••••
Employee Benefit Expense••••••••••••••••••••
Finance Costs••••••••••••••••••••
Depreciation and Amortisation••••••••••••••••••••
Other Expenses••••••••••••••••••••
Total Expenses••••••••••••••••••••
EBITDA₹1.03 Lakh••••••••••••••••
Profit Before Tax••••••••••••••••••••
Tax Expense••••••••••••••••••••
Net Profit (PAT)₹1.03 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 of Sunco Machines Limited

MetricsFY 2020-21FY 2019-20FY 2018-19FY 2017-18FY 2016-17
Profitability
EBITDA Margin65.8%••••••••••••••••
Net Profit Margin65.8%••••••••••••••••
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 Sunco Machines are in the company report.

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Financial statements from 2015

Earlier years and trend charts are in the company report.

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Board of Directors of Sunco Machines Limited

Sunco Machines has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.

Directors (as last reported)
NameDesignationAppointment DateTenureStatus
Srinath Ratnam RajamDirector22 Jul 200521 Years 2 MonthsAs last reported
Sowrirajan KrishnamacharyDirector30 Mar 20188 Years 6 MonthsAs last reported
Subramaniyan ThanunathanDirector28 Oct 201015 Years 11 MonthsAs last reported

Peer Comparison of Sunco Machines Limited

Sunco Machines Limited is compared with the companies closest to it by revenue in the Outsourcing industry (Consulting Services, Other Financial Services). Net profit, margin and employee counts of each company are in the company report.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Next Step Buddy Consultants Private Limited₹1.58 Lakh (FY 2018)••••••••••••Pune, Maharashtra, India
Kraft Cable Private Limited₹1.58 Lakh (FY 2025)••••••••3.0%••••Kolkata, West Bengal, India
Jaikrishna Goods Private Limited₹1.57 Lakh (FY 2024)••••••••-20.0%••••Kolkata, West Bengal, India
Anant Products Pvt Ltd₹1.57 Lakh (FY 2018)••••••••2.0%••••Kolkata, West Bengal, India
Kasa Capital & Finance Private Limited₹1.57 Lakh (FY 2024)••••••••-32.0%••••New Delhi, Delhi, India
Sunco Machines Limited this company₹1.57 Lakh (FY 2021)••••••••••••Chennai, Tamil Nadu, India
Revcorp Services Private Limited₹1.57 Lakh (FY 2025)••••••••-24.0%••••Delhi, India
Rajat Trading & Securities Private Limited₹1.57 Lakh (FY 2024)••••••••17.0%••••Ranchi, Jharkhand, India
Vikrant Constructions Pvt. Ltd.₹1.57 Lakh (FY 2025)••••••••-12.0%••••Kolkata, West Bengal, India
Flying Bird Marketing Private Limited₹1.57 Lakh (FY 2023)••••••••2102.0%••••Kolkata, West Bengal, India
Heman Immigration Services Private Limited₹1.57 Lakh (FY 2025)••••••••••••Hyderabad, Telangana, India

Peers are the five companies nearest above and the five nearest below Sunco Machines by revenue in the Outsourcing industry (Consulting Services, Other Financial Services), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.

Auditor Details of Sunco Machines Limited

Auditor information for Sunco Machines Limited provides details about the firm responsible for auditing the company's financial statements and ensuring compliance with regulatory requirements.

Ownership and Shareholding of Sunco Machines Limited

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Shareholding and ownership data

Promoter, institutional, public and beneficial ownership figures are in the company report.

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Charges & Borrowings of Sunco Machines Limited

Open charges
None
Satisfied charges
₹10.6 Lakh
Breakdown by lending institutions
Canara Bank₹0.11 Cr
Latest charge details
DateLenderAmountStatus
17 Feb 1988Canara Bank₹3 LakhSatisfied
17 Feb 1988Canara Bank₹3 LakhSatisfied
17 Dec 1986Canara Bank₹60,000Satisfied
21 Sep 1984Canara Bank₹4 LakhSatisfied

Total charge records: 4 View all charges

Employees and EPFO Compliance at Sunco Machines Limited

Sunco Machines Limited has a workforce of 0 employees as of Apr 09, 2024.

Active EPFO establishments
1
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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

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Recent Activity on Sunco Machines Limited

Sunco Machines Limited has 7 board changes on record since 2005: 3 appointments and 4 cessations. The latest: Sowrirajan Krishnamachary ceased to be Additional Director on 29 Sep 2018.

Charges
A charge registered on 17 Feb 1988 via Charge ID 90304247 with Canara Bank was fully satisfied on 08 Sep 2022.
Charges
A charge registered on 17 Feb 1988 via Charge ID 90307090 with Canara Bank was fully satisfied on 08 Sep 2022.
Charges
A charge registered on 17 Dec 1986 via Charge ID 90307020 with Canara Bank was fully satisfied on 08 Sep 2022.
Charges
A charge registered on 21 Sep 1984 via Charge ID 90306944 with Canara Bank was fully satisfied on 08 Sep 2022.
AGM
Sunco Machines Limited last Annual general meeting of members was held on 30 Sep 2021 as per latest MCA records.
Filing
Sunco Machines Limited has filed its annual Financial statements for the year ended 31 Mar 2021 with Roc Chennai.
Ceased
Sowrirajan Krishnamachary ceased to be Additional Director.
Ceased
Sankar Narayanan ceased to be Director.
Appointed
Sowrirajan Krishnamachary was appointed as Director.
Ceased
Krishnamurthy Narayan Swamy ceased to be Director.
Appointed
Subramaniyan Thanunathan was appointed as Director.
Ceased
Ganesan Balasubramanian ceased to be Director.

7 earlier events are listed in the company report.

Credit Ratings, Litigation & Regulatory Alerts for Sunco Machines Limited

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Credit ratings, litigation, and regulatory alerts

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MSME Payment Delays by Sunco Machines Limited

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MSME payment history

Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.

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Subsidiaries & Group Companies of Sunco Machines Limited

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Corporate group structure

Parent, subsidiary, associate and joint venture records with holdings are in the company report.

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GST Compliance of Sunco Machines Limited

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MCA Filings & Documents of Sunco Machines Limited

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MCA filings and documents

Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.

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Frequently Asked Questions about Sunco Machines Limited

Sunco Machines has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.

Sunco Machines was a public limited company based in Chennai, Tamil Nadu, India. The company worked in diversified financial services, within the financial services industry. It was incorporated on 05 January 1983 and is registered under CIN U29129TN1983PLC009786. The company has been struck off by the Registrar of Companies and is no longer operational.

Sunco Machines had 3 directors:

The CIN (Corporate Identification Number) of Sunco Machines is U29129TN1983PLC009786. 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 Sunco Machines is at 27Old No.11 Sathya Narayana Avenue Off Boat Club Road R.A.Puram, Chennai, Tamil Nadu, India – 600028.

Sunco Machines was incorporated on 05 January 1983. It is registered with the Registrar of Companies, Chennai.

Sunco Machines reported revenue of ₹1.57 Lakh for FY 2021.

Sunco Machines has an authorised share capital of ₹75 Lakh and a paid-up capital of ₹18.66 Lakh.

Sunco Machines reported a net profit of ₹1.03 Lakh (net margin 65.8%) and EBITDA of ₹1.03 Lakh (EBITDA margin 65.8%) for FY 2021, as per its filed financial statements.

Sunco Machines operated in the financial services industry, in the diversified financial services segment. It worked in this industry before it was struck off.

The compounded annual growth rate (CAGR) of the revenue of Sunco Machines is 111% over three years and 104% over five years. CAGR is the steady yearly rate that links the first and the last year.

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