About Talwalkars Club Systems Private Limited
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Talwalkars Club Systems Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Talwalkars Better Value Fitness Limited. It operates in the entertainment venues and properties segment of the events and entertainment sector. It was incorporated on 17 March 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U93000MH2016PTC274581. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹16.5 Cr and a paid-up capital of ₹16.5 Cr. It is led by directors including Harsha Ramdas Bhatkal and Girish Madhukar Talwalkar.
Its last annual general meeting (AGM) was held on 30 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office is at 801 – 813 Mahalaxmi Chambers 22 Bhulabhai Desai Road, Mumbai, Maharashtra, India – 400026.
As per the financials filed for FY 2018, the company reported a revenue of ₹25 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹5.4 Lakh (net margin 21.6%) and EBITDA of ₹7.8 Lakh (EBITDA margin 31.2%).
The company is associated with 1 brand: Talwalkars. As per MCA filings, the company has open charges of ₹12 Cr on record. Court records list 7 cases involving the company, including 7 filed against it; 3 cases are pending.
The current compliance status is marked as active non-compliant by the Registrar of Companies. For more details, the company can be reached via its website talwalkars.net.
Company details
Contact details
Talwalkars Club Systems Private Limited's registered office is in Mumbai, Maharashtra. Its website is talwalkars.net. Its e-mail address is in the company report.
- Email
- Website
- Social Media
- Registered Address801 – 813 Mahalaxmi Chambers 22 Bhulabhai Desai Road, Mumbai, Maharashtra, India – 400026
- IndustryEvents and Entertainment, Entertainment Venues & Properties
To see the full contact details of Talwalkars Club Systems Private 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
Talwalkars Club Systems operates one associated brand: Talwalkars. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Multi-category fitness and wellness services are provided by the company. | talwalkars.net |
Business activity
The main business activity of Talwalkars Club Systems is personal and household service. In detail, this covers other personal service activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| S | Personal and Household service | S4 | Other Personal service activities |
To see the full business activity and turnover split of Talwalkars Club Systems Private Limited, buy the company report.
Financials of Talwalkars Club Systems Private Limited
FY 2018 filings availableTalwalkars Club Systems Private Limited reported revenue of ₹25 Lakh (up 24900% YoY) for FY 2018.
Financial Statement Summary
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | ₹25 Lakh | ||
| Other Income | |||
| Total Revenue | |||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | ₹7.8 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | ₹5.4 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 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 31.2% | ||
| Net Profit Margin | 21.6% | ||
| 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 Talwalkars Club Systems Private Limited, buy the company report.
Board of directors of Talwalkars Club Systems Private Limited
Talwalkars Club Systems has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Harsha Ramdas Bhatkal | Director | 17 Mar 2016 | 10 Years 7 Months | Current |
| Girish Madhukar Talwalkar Also directs: Chiranjeevini Trading Private Limited | Director | 07 Oct 2017 | 9 Years 0 Months | Current |
| Prashant Sudhakar Talwalkar | Director | 17 Mar 2016 | 10 Years 7 Months | Current |
Auditor
Talwalkars Club Systems Private Limited is audited by LAKDAWALA & ASSOCIATES for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| LAKDAWALA & ASSOCIATES | FY 2018 | 105518W |
Shareholding
The shareholding of Talwalkars Club Systems Private Limited is on record for FY 2018, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2018 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Talwalkars Club Systems Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 04 Apr 2018 | 100199366 | Others | ₹12 Cr | Open |
Total charge records: 1 View all charges
Legal cases
Talwalkars Club Systems Private Limited has 7 court cases on record: 7 filed against it. 3 cases are pending and 4 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 6 | 6 | 3 |
| NCLT | 1 | 1 | 0 |
Cases on record (3 of 7)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summons cases SS) | Filed against the company by Idfc First Bank Ltd. | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (S S) | Filed against the company by Idfc First Bank Ltd. | Disposed |
| NCLT, Mumbai | Insolvency matter | Filed against the company by an individual | Disposed |
To see the full case history of Talwalkars Club Systems Private 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 Talwalkars Club Systems Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Talwalkars Club Systems 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 Talwalkars Club Systems Private Limited, buy the company report.
Recent activity
Talwalkars Club Systems Private Limited has 5 board changes on record since 2016: 3 appointments and 2 cessations. The latest: Harsha Ramdas Bhatkal ceased to be Director on 22 Apr 2021.
News
Frequently asked questions
Talwalkars Club Systems is an active private limited company based in Mumbai, Maharashtra, India. The company works in entertainment venues and properties, within the events and entertainment industry. It was incorporated on 17 March 2016 (10+ years old) and is registered under CIN U93000MH2016PTC274581.
Talwalkars Club Systems has 3 current directors:
- Harsha Ramdas Bhatkal - Director
- Girish Madhukar Talwalkar - Director
- Prashant Sudhakar Talwalkar - Director
The latest financial statements of Talwalkars Club Systems on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 30 September 2018. Year-wise statements from FY 2016 are in the company report.
No. Talwalkars Club Systems has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Talwalkars Club Systems is U93000MH2016PTC274581. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Talwalkars Club Systems has 7 court cases on record: 7 filed against it. 3 are pending. Most are in the district courts.
Talwalkars Club Systems was incorporated on 17 March 2016, making it 10+ years old. It is registered with the Registrar of Companies, Mumbai.
Harsha Ramdas Bhatkal ceased to be Director on 22 Apr 2021. Girish Madhukar Talwalkar ceased to be Additional Director on 30 Sep 2018. Girish Madhukar Talwalkar was appointed as Director on 07 Oct 2017. Talwalkars Club Systems has 5 board changes on record in total.
Talwalkars Club Systems can be reached through the website talwalkars.net. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Talwalkars Club Systems is at 801 – 813 Mahalaxmi Chambers 22 Bhulabhai Desai Road, Mumbai, Maharashtra, India – 400026.
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