About Tal Manufacturing Solutions Limited
Data last updated:
Tal Manufacturing Solutions Limited was a public limited company based in Pune, Maharashtra, India, operated as a subsidiary of Tata Advanced Systems Limited. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the material handling and storage equipment segment of the machinery and industrial equipment sector. It was incorporated on 13 March 2000.
The company was registered with the Registrar of Companies (ROC), Pune, under CIN U29100PN2000PLC130290. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹120 Cr and a paid-up capital of ₹115 Cr. It was led by directors including Ganesh Raghavan and Masood Hussainy Ahmed.
Its last annual general meeting (AGM) was held on 13 June 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office was at Pdo Building Tata Motors Campus Chinchwad, Pune, Maharashtra, India – 411033.
As per the financials filed for FY 2019, the company reported a revenue of ₹436.94 Cr, a growth of 29% compared to the previous year. For the same year it recorded a net profit of ₹58.84 Cr (net margin 13.5%) and EBITDA of ₹142.99 Cr (EBITDA margin 32.7%). Revenue has grown at a compounded annual rate (CAGR) of 27% over three years.
As per MCA filings, the company had satisfied charges of ₹53.5 Cr on record. Court records list 25 cases involving the company, including 19 filed by the company and 6 filed against it.
The last known website on record is tal.co.in.
Company details
CIN history
Tal Manufacturing Solutions has one previous CIN (Corporate Identification Number): U29100MH2000PLC124873. The current CIN is U29100PN2000PLC130290, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U29100PN2000PLC130290 | Current |
| U29100MH2000PLC124873 | Previous |
Contact details
Tal Manufacturing Solutions Limited's registered office is in Pune, Maharashtra. Its website is tal.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressPdo Building Tata Motors Campus Chinchwad, Pune, Maharashtra, India – 411033
- IndustryMachinery and Equipment, Material Handling & Storage Equipment
To see the full contact details of Tal Manufacturing Solutions 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
Business activity
The main business activity of Tal Manufacturing Solutions is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment |
To see the full business activity and turnover split of Tal Manufacturing Solutions Limited, buy the company report.
Financials of Tal Manufacturing Solutions Limited
FY 2019 filings availableTal Manufacturing Solutions Limited reported revenue of ₹436.94 Cr (up 29% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 27% over three years, including 29% growth in the latest year. EBITDA rose 60% 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹436.94 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹142.99 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹58.84 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 32.7% | ||||
| Net Profit Margin | 13.5% | ||||
| 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 Tal Manufacturing Solutions Limited, buy the company report.
Board of directors of Tal Manufacturing Solutions Limited
Tal Manufacturing Solutions has 3 current directors and 25 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ganesh Raghavan | Director | 02 Nov 2017 | 9 Years 0 Months | As last reported |
| Masood Hussainy Ahmed Also directs: Tata Advanced Systems Limited, Tata Boeing Aerospace Limited, Tata Sikorsky Aerospace Limited and 1 more | Director | 09 Apr 2019 | 7 Years 7 Months | As last reported |
| Sukaran Singh | Director | 09 Apr 2019 | 7 Years 7 Months | As last reported |
Peer comparison
Tal Manufacturing Solutions Limited is compared with the 5 companies closest to it by revenue in the Machinery and Equipment industry (Material Handling Equipment), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Manitou Equipment India Private Limited | ₹583.34 Cr (FY 2025) | 6.0% | New Delhi, Delhi, India | |||
| Konecranes and Demag Private Limited | ₹544.17 Cr (FY 2025) | 6.0% | Purandar, Maharashtra, India | |||
| Macmet Engineering Limited | ₹450.14 Cr (FY 2025) | 7.0% | Kolkata, West Bengal, India | |||
| Tal Manufacturing Solutions Limitedthis company | ₹436.94 Cr (FY 2019) | ₹58.84 Cr | 13.5% | 29.0% | Pune, Maharashtra, India | |
| Montanari Lifts Components Private Limited | ₹398.04 Cr (FY 2025) | 18.0% | Pune, Maharashtra, India | |||
| Cu-Built Engineers Private Limited | ₹375.07 Cr (FY 2025) | -12.0% | Pcntda, Bhosari, Pune - 411026, Maharashtra, India |
To see the full peer comparison of Tal Manufacturing Solutions Limited, buy the company report.
Auditor
Tal Manufacturing Solutions Limited is audited by B S R & Co. LLP for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| B S R & Co. LLP | FY 2019 | 101248W/W100022 |
Shareholding
The shareholding of Tal Manufacturing Solutions Limited is on record for 2 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Tal Manufacturing Solutions Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 May 2016 | 100030488 | Dbs Bank Ltd | ₹20 Cr | Satisfied | |
| 06 May 2009 | 10159428 | Union Bank of India Limited | ₹2 Cr | Satisfied | |
| 21 Oct 2003 | 90144755 | Union Bank of India | ₹15 Cr | Satisfied | |
| 18 Dec 2000 | 90143173 | Union Bank of India | ₹16.5 Cr | Satisfied |
To see the full charge records of Tal Manufacturing Solutions Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
Tal Manufacturing Solutions Limited has 25 court cases on record: 19 filed by Tal Manufacturing Solutions, 6 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 13 | 4 | 0 |
| District courts | 11 | 1 | 0 |
| Supreme Court | 1 | 1 | 0 |
Cases on record (5 of 25)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Court case (ARP) | Filed by the company against Amw Motors Limited, Formally Known As Asia Motor Works Limited and 1 other | Disposed |
| District court, Pune, Maharashtra | Court case (Civil M.A.) | Filed by the company against Amw Motors Ltd | Disposed |
| High Court, GUJARAT | Court case (COMP) | Filed by the company against Amw Motors Limited | Disposed |
| District court, Pune, Maharashtra | Civil suit | Filed by the company against Ms. Ya Fidelity Engg.Pvt.Ltd | Disposed |
| High Court of Karnataka | Court case (COP) | Filed by the company against HMT Ltd | Disposed |
To see the full case history of Tal Manufacturing Solutions 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 Tal Manufacturing Solutions Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Tal Manufacturing Solutions has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Tal Manufacturing Solutions Limited, buy the company report.
Recent activity
Tal Manufacturing Solutions Limited has 25 board changes on record since 2007: 3 appointments and 22 cessations. The latest: Masood Hussainy Ahmed ceased to be Additional Director on 13 Jun 2019.
27 earlier events are in the company report.
Frequently asked questions
Tal Manufacturing Solutions 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.
Tal Manufacturing Solutions was a public limited company based in Pune, Maharashtra, India. The company worked in material handling and storage equipment, within the machinery and equipment industry. It was incorporated on 13 March 2000 and is registered under CIN U29100PN2000PLC130290. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Tal Manufacturing Solutions was incorporated on 13 March 2000. It is registered with the Registrar of Companies, Pune.
Tal Manufacturing Solutions had 3 directors:
- Ganesh Raghavan - Director
- Masood Hussainy Ahmed - Director
- Sukaran Singh - Director
The CIN (Corporate Identification Number) of Tal Manufacturing Solutions is U29100PN2000PLC130290. 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 Tal Manufacturing Solutions is at Pdo Building Tata Motors Campus Chinchwad, Pune, Maharashtra, India – 411033.
Tal Manufacturing Solutions can be reached through the website tal.co.in. Its registered office is in Pune, Maharashtra, India.
The latest financial statements of Tal Manufacturing Solutions on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 13 June 2019. Year-wise statements from 2015 are in the company report.
No. Tal Manufacturing Solutions has 1 GST registration on record and it is cancelled or inactive.
Tal Manufacturing Solutions operated in the machinery and equipment industry, in the material handling and storage equipment segment.
The peers of Tal Manufacturing Solutions by revenue are Manitou Equipment India Private Limited, Konecranes and Demag Private Limited, Macmet Engineering Limited, Montanari Lifts Components Private Limited, Cu-Built Engineers Private Limited, all in the Machinery and Equipment industry (Material Handling Equipment), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment).
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
