Sunco Machines Limited
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 14 cases involving the company, including 2 filed by the company and 12 filed against it; 1 case is pending.
Company details
Contact details
Sunco Machines Limited's registered office is in Chennai, Tamil Nadu. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address27(Old No.11) Sathya Narayana Avenue Off Boat Club Road R.A.Puram, Chennai, Tamil Nadu, India – 600028
- IndustryFinancial Services, Diversified Financial Services
To see the full contact details of Sunco Machines 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
Financials of Sunco Machines Limited
FY 2021 filings availableSunco Machines Limited reported revenue of ₹1.57 Lakh for FY 2021.
Compounded Annual Growth Rate (CAGR)
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
| 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 | ₹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
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 65.8% | ||||
| Net Profit Margin | 65.8% | ||||
| 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 | |||||
To see the full financial statements and ratios of Sunco Machines Limited, buy the company report.
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.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Srinath Ratnam Rajam Also directs: Rajam Mobility Solution LLP, Kwik Patch Private Limited, T.V. Sundram Iyengar & Sons Private Limited and 5 more | Director | 22 Jul 2005 | 21 Years 3 Months | As last reported |
| Sowrirajan Krishnamachary | Director | 30 Mar 2018 | 8 Years 6 Months | As last reported |
| Subramaniyan Thanunathan Also directs: Srivithesa Securities Private Limited | Director | 28 Oct 2010 | 15 Years 11 Months | As last reported |
Peer comparison
Sunco Machines Limited is compared with the 10 companies closest to it by revenue in the Outsourcing industry (Consulting Services, Other Financial Services), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| 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 Limitedthis company | ₹1.57 Lakh (FY 2021) | ₹1.03 Lakh | 65.8% | 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 |
To see the full peer comparison of Sunco Machines Limited, buy the company report.
Shareholding
The shareholding of Sunco Machines Limited is on record for 4 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2017 | FY 2016 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Sunco Machines Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 17 Feb 1988 | 90304247 | Canara Bank | ₹3 Lakh | Satisfied | |
| 17 Feb 1988 | 90307090 | Canara Bank | ₹3 Lakh | Satisfied | |
| 17 Dec 1986 | 90307020 | Canara Bank | ₹60,000 | Satisfied | |
| 21 Sep 1984 | 90306944 | Canara Bank | ₹4 Lakh | Satisfied |
To see the full charge records of Sunco Machines Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
Sunco Machines Limited has 14 court cases on record: 2 filed by Sunco Machines, 12 filed against it. 1 case is pending and 13 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 10 | 9 | 0 |
| District courts | 3 | 3 | 1 |
| Supreme Court | 1 | 0 | 0 |
Cases on record (5 of 14)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, TAMIL NADU | Appeal | Filed against the company by M.P.J.Exports Pvt. Ltd. | Disposed |
| Supreme Court | Court case (1418-Criminal Matters : Others) | Filed by the company against Krishna Kumar Sood S/D/W/Thru:- Prakash Chandra Sood Managing Director (Formerly Known As Metral Processing Industries Pvt. Ltd. Now M/S Mpi Exports (P) Ltd. No. 67, 68, and 72 (DP), South Phase Industrial Estate, Ambattur, Chennai , District: Chennai ,Chennai , Tamil Nadu | Disposed |
| High Court, TAMIL NADU | Civil suit | Filed against the company by M.P.J.Exports Pvt. Ltd. | Disposed |
| District court, Mumbai Small Causes Court, Maharashtra | Court case (Exe.Appln.) | Filed against the company by B.P.T. Deleted Now the Board of Mumbai Port Authority | Pending |
| District court, Tiruvallur, Tamil Nadu | Criminal miscellaneous application | Filed against the company by an individual | Disposed |
To see the full case history of Sunco Machines 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 Sunco Machines Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Sunco Machines Limited has 1 active EPFO establishment as of Apr 09, 2024.
GST
No GST registration is on our record for Sunco Machines Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
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.
7 earlier events are in the company report.
Frequently asked questions
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:
- Srinath Ratnam Rajam - Director
- Sowrirajan Krishnamachary - Director
- Subramaniyan Thanunathan - Director
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.
The latest financial statements of Sunco Machines on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 30 September 2021. Year-wise statements from 2015 are in the company report.
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 peers of Sunco Machines by revenue are Next Step Buddy Consultants Private Limited, Kraft Cable Private Limited, Jaikrishna Goods Private Limited, Anant Products Pvt Ltd, Kasa Capital & Finance Private Limited and 5 more, all in the Outsourcing industry (Consulting Services, Other Financial Services).
Sunco Machines has 14 court cases on record: 2 filed by the company and 12 filed against it. 1 is pending. Most are in the high courts.
Sowrirajan Krishnamachary ceased to be Additional Director on 29 Sep 2018. Sankar Narayanan ceased to be Director on 30 Mar 2018. Sowrirajan Krishnamachary was appointed as Director on 30 Mar 2018. Sunco Machines has 7 board changes on record in total.