About Suncoat Engineering Kovai Private Limited
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Suncoat Engineering Kovai Private Limited is a private limited company based in Coimbatore, Tamil Nadu, India. It operates in the metal manufacturing and processing segment of the metals and mining sector. It was incorporated on 02 February 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Coimbatore, under CIN U29199TZ2007PTC013407. Its GSTIN is 33AALCS3462L1Z1 (Tamil Nadu).
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹1 Cr. It is led by directors including Veerappa Ayyachamy and Ayyachamy Bhuvaneswari.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at No.73 SIDCO Industrial Estate Podanur, Coimbatore, Tamil Nadu, India – 641021.
As per the financials filed for FY 2024, the company reported a revenue of ₹14.68 Cr, a growth of 3% compared to the previous year. For the same year it recorded a net profit of ₹45.26 Lakh (net margin 3.1%) and EBITDA of ₹1.67 Cr (EBITDA margin 11.4%). Revenue has grown at a compounded annual rate (CAGR) of 27% over three years and 23% over five years.
The company has about 31 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹11.02 Cr and satisfied charges of ₹8 Lakh on record. The company has 2 deals on record (1 funding round, 1 secondary share transfer), with disclosed funding of ₹75 Lakh; the latest was in July 2019. Its 10 peer companies in the Metals and Minerals industry (Metals) are compared by revenue, 5 larger and 5 smaller; the largest is Lokhar Extrusions Private Limited.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website suncoatengg.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressNo.73 SIDCO Industrial Estate Podanur, Coimbatore, Tamil Nadu, India – 641021
- IndustryMetals and Minerals, Metal Manufacturing & Processing
- 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
- One PDF report, delivered after checkout
Business Activity of Suncoat Engineering Kovai Private Limited
The main business activity of Suncoat Engineering Kovai is manufacturing. In detail, this covers metal and metal products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and 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 Suncoat Engineering Kovai Private Limited FY 2024 filings available
Suncoat Engineering Kovai Private Limited reported revenue of ₹14.68 Cr (up 3% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Suncoat Engineering Kovai Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 23% over five years, including 3% growth in the latest year. EBITDA rose 9% 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 Suncoat Engineering Kovai Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | ₹1.67 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹45.26 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 Suncoat Engineering Kovai Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 11.4% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 3.1% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
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 Suncoat Engineering Kovai 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 Suncoat Engineering Kovai Private Limited
Suncoat Engineering Kovai Private Limited is compared with the companies closest to it by revenue in the Metals and Minerals industry (Metals). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Lokhar Extrusions Private Limited | •••• | •••• | •••• | •••• | - | Hoda, Haryana, India |
| The Indian Institute of Metals | •••• | •••• | •••• | •••• | - | Kolkata, West Bengal, India |
| Phenom Fabrications Private Limited | •••• | •••• | •••• | •••• | - | Dharsiwa, Chattisgarh, India |
| Cutek Brazing Private Limited | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
| Naval Chaff Supply India Private Limited | •••• | •••• | •••• | •••• | - | Delhi, India |
| Suncoat Engineering Kovai Private Limited this company | •••• | •••• | •••• | •••• | - | Coimbatore, Tamil Nadu, India |
| M . K . Mineral & Metals Private Limited | •••• | •••• | •••• | •••• | - | Howrah, West Bengal, India |
| Swastika Structural Products Pvt Ltd | •••• | •••• | •••• | •••• | 16 | Kolkata, West Bengal, India |
| Prime Pre Engineered Building Systems Private Limited | •••• | •••• | •••• | •••• | - | Kanjikode, Kerala, India |
| Mform Technologies Private Limited | •••• | •••• | •••• | •••• | - | Delhi, India |
| Panchashil Industries (Nashik) Private Limited | •••• | •••• | •••• | •••• | - | Nashik, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Suncoat Engineering Kovai by revenue in the Metals and Minerals industry (Metals), 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 Suncoat Engineering Kovai Private Limited
Suncoat Engineering Kovai Private Limited is audited by R.K VARADARAJ for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| R.K VARADARAJ | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Suncoat Engineering Kovai Private Limited
Suncoat Engineering Kovai has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ayyachamy Raghuraaman Also directs: Barani Sheet Metal Fabrication Private Limited | Additional Director | 15 Mar 2024 | 2 Years 6 Months | Current |
| Veerappa Ayyachamy Also directs: Barani Sheet Metal Fabrication Private Limited | Director | 02 Feb 2007 | 19 Years 8 Months | Current |
| Ayyachamy Bhuvaneswari Also directs: Barani Sheet Metal Fabrication Private Limited | Director | 02 Feb 2007 | 19 Years 8 Months | Current |
Ownership and Shareholding of Suncoat Engineering Kovai 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 Suncoat Engineering Kovai Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 30 Sep 2024 | Axis Bank Limited | ₹9.85 Lakh | Open |
| 09 Feb 2024 | Axis Bank Limited | ₹5.03 Cr | Open |
| 28 Jan 2023 | Axis Bank Limited | ₹6.55 Lakh | Open |
| 31 Dec 2015 | Canara Bank | ₹5.82 Cr | Open |
| 26 Jun 2008 | State Bank of Mysoer | ₹8 Lakh | Satisfied |
Total charge records: 5 View all charges
Deals & Funding of Suncoat Engineering Kovai Private Limited
Suncoat Engineering Kovai Private Limited has 2 deals on record (1 funding round, 1 secondary share transfer), with disclosed funding of ₹75 Lakh; the latest was in July 2019.
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jul 2019 | Funding round | ₹75 Lakh | Investors: 4 individuals |
| Mar 2017 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: Soundarraja Engineering Works Private Limited |
Full deal history
All 2 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Employees and EPFO Compliance at Suncoat Engineering Kovai Private Limited
Suncoat Engineering Kovai Private Limited has a workforce of 31 employees as of Mar 30, 2024.
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 Suncoat Engineering Kovai Private Limited
Suncoat Engineering Kovai Private Limited has 4 board changes on record since 2007: 3 appointments and 1 cessation. The latest: Ayyachamy Raghuraaman was appointed as Additional Director on 15 Mar 2024.
4 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Suncoat Engineering Kovai 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 Suncoat Engineering Kovai 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 Suncoat Engineering Kovai 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 Suncoat Engineering Kovai Private Limited
Suncoat Engineering Kovai has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AALCS3462L1Z1 | Tamil Nadu | Active | 01 Jul 2017 |
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 Suncoat Engineering Kovai 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 Suncoat Engineering Kovai Private Limited
Suncoat Engineering Kovai is an active private limited company based in Coimbatore, Tamil Nadu, India. The company works in metal manufacturing and processing, within the metals and minerals industry. It was incorporated on 02 February 2007 (19+ years old) and is registered under CIN U29199TZ2007PTC013407.
Suncoat Engineering Kovai reported revenue of ₹14.68 Cr for FY 2024 (up 3% YoY).
Suncoat Engineering Kovai has 3 current directors:
- Ayyachamy Raghuraaman - Additional Director
- Veerappa Ayyachamy - Director
- Ayyachamy Bhuvaneswari - Director
Suncoat Engineering Kovai reported a net profit of ₹45.26 Lakh (net margin 3.1%) and EBITDA of ₹1.67 Cr (EBITDA margin 11.4%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Suncoat Engineering Kovai is 27% over three years and 23% over five years. In the latest year (FY 2024) revenue rose 3%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Suncoat Engineering Kovai is 33AALCS3462L1Z1, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Suncoat Engineering Kovai is U29199TZ2007PTC013407. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Suncoat Engineering Kovai was incorporated on 02 February 2007, making it 19+ years old. It is registered with the Registrar of Companies, Coimbatore.
Suncoat Engineering Kovai has 2 deals on record (1 funding round, 1 secondary share transfer), with disclosed funding of ₹75 Lakh; the latest was in July 2019.
The peers of Suncoat Engineering Kovai by revenue are Lokhar Extrusions Private Limited, The Indian Institute of Metals, Phenom Fabrications Private Limited, Cutek Brazing Private Limited, Naval Chaff Supply India Private Limited and 5 more, all in the Metals and Minerals industry (Metals).
Ayyachamy Raghuraaman was appointed as Additional Director on 15 Mar 2024. Soundarrajan Ramachandran ceased to be Director on 15 Nov 2013. Ayyachamy Bhuvaneswari was appointed as Director on 02 Feb 2007. Suncoat Engineering Kovai has 4 board changes on record in total.