Sundaram Hydraulics Limited
About Sundaram Hydraulics Limited
Data last updated:
Sundaram Hydraulics Limited was a public limited company based in Chennai, Tamil Nadu, India. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the hydraulic machinery and equipment segment of the machinery and industrial equipment sector. It was incorporated on 07 December 2007.
The company was registered with the Registrar of Companies (ROC), Chennai, under CIN U71290TN2007PLC065658. Its GSTIN is 33AALCS4402N1Z7 (Tamil Nadu).
The company had an authorised share capital of ₹53.5 Cr and a paid-up capital of ₹43.75 Cr. It was led by directors including Srivats Ram (Managing Director) and Srinivas Acharya.
Its last annual general meeting (AGM) was held on 17 July 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office was at 21 Patullos Road Chennai, Tamil Nadu, India – 600002.
As per the financials filed for FY 2023, the company reported a revenue of ₹106.65 Cr, a decline of 5% compared to the previous year. For the same year it recorded a net loss of ₹4.15 Cr (net margin -3.9%) and EBITDA of ₹2 Cr (EBITDA margin 1.9%). Revenue has grown at a compounded annual rate (CAGR) of 27% over three years and 18% over five years.
The company had about 232 employees on its provident fund (EPFO) records before it was dissolved.
The company was associated with 1 brand: Sundaram Hydraulics. As per MCA filings, the company had satisfied charges of ₹39.11 Cr on record. Court records list 8 cases involving the company, including 5 filed by the company and 3 filed against it; 1 case is pending. The company has 11 deals on record (7 funding rounds, 4 secondary share transfers), with disclosed funding of ₹48.7 Cr; the latest was in February 2020. The company has 12 MSME Form 1 returns on record between 2019 and 2023, listing 4,604 overdue payments to 147 micro and small suppliers.
Company details
Contact details
Sundaram Hydraulics Limited's registered office is in Chennai, Tamil Nadu. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Social Media
- Registered Address21 Patullos Road Chennai, Tamil Nadu, India – 600002
- IndustryMachinery and Equipment, Hydraulic Machinery & Equipment
To see the full contact details of Sundaram Hydraulics 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
Brands
Sundaram Hydraulics operates one associated brand: Sundaram Hydraulics. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Hydraulic components and systems are manufactured in India. | sundaramhydraulics.in |
Business activity
The main business activity of Sundaram Hydraulics is manufacturing. In detail, this covers other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C13 | Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities |
To see the full business activity and turnover split of Sundaram Hydraulics Limited, buy the company report.
Financials of Sundaram Hydraulics Limited
FY 2023 filings availableSundaram Hydraulics Limited reported revenue of ₹106.65 Cr (down 5% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue fell 5% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 18%. EBITDA fell 77% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹106.65 Cr | ||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹2 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹4.15 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 1.9% | ||||
| Net Profit Margin | -3.9% | ||||
| 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 Sundaram Hydraulics Limited, buy the company report.
Board of directors of Sundaram Hydraulics Limited
Sundaram Hydraulics has 6 current directors and 12 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Srinivas Acharya Also directs: Thejo Engineering Limited, India Motor Parts & Accessories Limited, Sugal Earthen Spaces Ventures Limited and 5 more | Director | 07 Dec 2007 | 18 Years 11 Months | As last reported |
| Badri Vijayaraghavan Also directs: Wil Car Wheels Limited, Lumiere Coolants Private Limited | Director | 24 Jan 2020 | 6 Years 9 Months | As last reported |
| Tirumalachari Narayanan Also directs: Maham Holdings Private Limited, Revathi Holdings Private Limited, Padmalakshmi Holdings Private Limited and 5 more | Director | 27 Jan 2015 | 11 Years 9 Months | As last reported |
| Seshadri Suresh | Director | 13 Feb 2014 | 12 Years 8 Months | As last reported |
| Srivats Ram Also directs: India Motor Parts & Accessories Limited, Wheels India Limited, TSF Investments Limited and 5 more | Managing Director | 07 Dec 2007 | 18 Years 11 Months | As last reported |
| Srinivasan Srivathsan | Director | 07 Dec 2007 | 18 Years 11 Months | As last reported |
Auditor
Sundaram Hydraulics Limited is audited by SPVR AND ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SPVR AND ASSOCIATES | FY 2023 | 016918S |
Shareholding
The shareholding of Sundaram Hydraulics Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Sundaram Hydraulics Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 10 Jul 2018 | 100196433 | Hdfc Bank Limited | ₹5 Cr | Satisfied | |
| 19 Jan 2018 | 100166157 | Hdfc Bank Limited | ₹13.8 Cr | Satisfied | |
| 25 Jul 2017 | 100117452 | Tata Capital Financial Services Limited | ₹5 Cr | Satisfied | |
| 28 Sep 2015 | 10620825 | Sundaram Finance Limited | ₹13.23 Lakh | Satisfied | |
| 21 Sep 2015 | 10620821 | Sundaram Finance Limited | ₹32.38 Lakh | Satisfied |
To see the full charge records of Sundaram Hydraulics Limited, buy the company report.
Total charge records: 7 View all charges
Deals & funding
Sundaram Hydraulics Limited has 11 deals on record (7 funding rounds, 4 secondary share transfers), with disclosed funding of ₹48.7 Cr; the latest was in February 2020.
Deals on record (5 of 11)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2019 | Secondary share transfer | Undisclosed | Seller: Sundaram Finance Limited , Maham Holdings Private Limited , 2 individuals |
| Mar 2019 | Funding round | ₹5 Cr | Investors: Maham Holdings Private Limited , 2 individuals |
| Mar 2018 | Secondary share transfer | Undisclosed | Buyer: Maham Holdings Private Limited , 2 individuals Seller: Sundaram Finance Limited |
| Mar 2017 | Secondary share transfer | Undisclosed | Buyer: Maham Holdings Private Limited , 2 individuals Seller: Sundaram Finance Limited |
| Mar 2016 | Funding round | ₹6 Cr | Investors: Maham Holdings Private Limited |
To see the full deal history of Sundaram Hydraulics Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Sundaram Hydraulics Limited has 8 court cases on record: 5 filed by Sundaram Hydraulics, 3 filed against it. 1 case is pending and 7 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 6 | 3 | 1 |
| NCLT | 2 | 0 | 0 |
Cases on record (5 of 8)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, TAMIL NADU | Interim or miscellaneous application | Filed against the company by an individual | Pending |
| NCLT, Chennai | Court case (C.A.(CAA)) | Filed by the company | Disposed |
| NCLT, Chennai | Court case (C.P.(CAA)) | Filed by the company | Disposed |
| High Court, TAMIL NADU | Appeal | Filed against the company by an individual | Disposed |
| High Court, TAMIL NADU | Interim or miscellaneous application | Filed against the company by an individual | Disposed |
To see the full case history of Sundaram Hydraulics 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
Sundaram Hydraulics Limited has 12 MSME Form 1 returns on record between 2019 and 2023, listing 4,604 overdue payments to 147 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 147)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| Fluid Power Seals | |||
| Globus Spares Private Limited | |||
| Neos Air Filtration Private Limited | |||
| an individual supplier |
To see the full MSME payment records of Sundaram Hydraulics Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Sundaram Hydraulics Limited has a workforce of 232 employees on its EPFO records as of Apr 01, 2024, across 1 active EPFO establishment.
GST
Sundaram Hydraulics has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AALCS4402N1Z7 | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Sundaram Hydraulics Limited, buy the company report.
Recent activity
Sundaram Hydraulics Limited has 13 board changes on record since 2007: 6 appointments and 7 cessations. The latest: Tirumalachari Narayanan ceased to be Additional Director on 09 Jul 2021.
21 earlier events are in the company report.
News
Frequently asked questions
Sundaram Hydraulics 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.
Sundaram Hydraulics was a public limited company based in Chennai, Tamil Nadu, India. The company worked in hydraulic machinery and equipment, within the machinery and equipment industry. It was incorporated on 07 December 2007 and is registered under CIN U71290TN2007PLC065658. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Sundaram Hydraulics was incorporated on 07 December 2007. It is registered with the Registrar of Companies, Chennai.
Sundaram Hydraulics had 6 directors:
- Srivats Ram - Managing Director
- Srinivas Acharya - Director
- Badri Vijayaraghavan - Director
- Tirumalachari Narayanan - Director
- Seshadri Suresh - Director
- Srinivasan Srivathsan - Director
The CIN (Corporate Identification Number) of Sundaram Hydraulics is U71290TN2007PLC065658. 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 Sundaram Hydraulics is at 21 Patullos Road Chennai, Tamil Nadu, India – 600002.
The latest financial statements of Sundaram Hydraulics on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 17 July 2023. Year-wise statements from 2015 are in the company report.
The GSTIN of Sundaram Hydraulics is 33AALCS4402N1Z7, registered in Tamil Nadu.
Sundaram Hydraulics operated in the machinery and equipment industry, in the hydraulic machinery and equipment segment.
Sundaram Hydraulics has 11 deals on record (7 funding rounds, 4 secondary share transfers), with disclosed funding of ₹48.7 Cr; the latest was in February 2020.
Sundaram Hydraulics has 12 MSME Form 1 returns on record between 2019 and 2023, listing 4,604 overdue payments to 147 micro and small suppliers. The latest return was filed on 29 Aug 2023.
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