Talwar Agencies Private Limited
About Talwar Agencies Private Limited
Data last updated:
Talwar Agencies Private Limited is a private limited company based in New Delhi, Delhi, India. The company is currently under liquidation, meaning its assets are being sold to settle outstanding debts. It may not have the legal capacity to fulfil new contracts. It operates in the home furnishings and accessories retail segment of the home and lifestyle products sector. It was incorporated on 30 March 1998.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U51909DL1998PTC093002. Its GSTIN is 07AABCT1164C1ZT (Delhi).
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹50 Lakh. It is led by directors Krishan Kumar Puri and Pravesh Talwar.
Its last annual general meeting (AGM) was held on 28 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office is at F – 47 Desh Bandhu Gupta Market Karol Bagh, New Delhi, Delhi, India – 110005.
As per the financials filed for FY 2018, the company reported a revenue of ₹6.61 Cr, a decline of 42% compared to the previous year. For the same year it recorded a net loss of ₹1.61 Cr (net margin -24.4%) and EBITDA of -₹1 Cr (EBITDA margin -15.2%). Revenue has declined at a compounded annual rate (CAGR) of 16% over three years.
As per MCA filings, the company has open charges of ₹3.6 Cr on record. Court records list 10 cases involving the company, including 2 filed by the company and 8 filed against it; 1 case is pending.
Company details
Contact details
Talwar Agencies Private Limited's registered office is in New Delhi, Delhi. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressF – 47 Desh Bandhu Gupta Market Karol Bagh, New Delhi, Delhi, India – 110005
- IndustryHome & Lifestyle, Home Furnishings & Accessories Retail
To see the full contact details of Talwar Agencies 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
Business activity
The main business activity of Talwar Agencies is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Talwar Agencies Private Limited, buy the company report.
Financials of Talwar Agencies Private Limited
FY 2018 filings availableTalwar Agencies Private Limited reported revenue of ₹6.61 Cr (down 42% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 16% over three years, including a 42% fall in the latest year. EBITDA fell 265% 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ||||
| Other Income | ||||
| Total Revenue | ₹6.61 Cr | |||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | -₹1 Cr | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹1.61 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | -15.2% | |||
| Net Profit Margin | -24.4% | |||
| 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 Talwar Agencies Private Limited, buy the company report.
Board of directors of Talwar Agencies Private Limited
Talwar Agencies has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Krishan Kumar Puri Also directs: Classique Tableware LLP, K2p Enterprises LLP | Director | 01 May 2000 | 26 Years 5 Months | As last reported |
| Pravesh Talwar Also directs: Classique Tableware LLP | Director | 30 Mar 1998 | 28 Years 6 Months | As last reported |
Auditor
Talwar Agencies Private Limited is audited by SUBHASH GOGIA & ASSOCIATES for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SUBHASH GOGIA & ASSOCIATES | FY 2018 | 020637N |
Shareholding
The shareholding of Talwar Agencies Private Limited is on record for 3 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Talwar Agencies Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 14 Oct 2008 | 10126859 | Others | ₹3 Cr | Open | |
| 12 Feb 2006 | 90335263 | Bank of India | ₹20 Lakh | Open | |
| 12 Dec 2005 | 90336910 | Bank of India | ₹20 Lakh | Open | |
| 12 Feb 2005 | 90332119 | Bank of India | ₹20 Lakh | Open |
To see the full charge records of Talwar Agencies Private Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
Talwar Agencies Private Limited has 10 court cases on record: 2 filed by Talwar Agencies, 8 filed against it. 1 case is pending and 9 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 7 | 6 | 1 |
| High courts | 3 | 2 | 0 |
Cases on record (5 of 10)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed against the company by Kotak Mahindra Bank Ltd | Pending |
| District court, Central, Delhi | Execution petition | Filed against the company by Kotak Mahindra Bank Limited | Disposed |
| District court, South West, Delhi | Arbitration matter | Filed against the company by M/S Kotak Mahindra Prime Ltd. | Disposed |
| District court, East, Delhi | Criminal case | Filed against the company by Kotak Mahindra Prime Ltd. | Disposed |
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed against the company by Kotak Mahindra Bank Ltd | Disposed |
To see the full case history of Talwar Agencies 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 Talwar Agencies Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Talwar Agencies has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AABCT1164C1ZT | Delhi | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Talwar Agencies Private Limited, buy the company report.
Recent activity
Talwar Agencies Private Limited has 4 board changes on record since 1998: 2 appointments and 2 cessations. The latest: Jia Lal Talwar ceased to be Director on 25 Aug 2017.
Frequently asked questions
Talwar Agencies is currently "Under Liquidation" as per MCA records. The company's assets are being sold to settle outstanding debts owed to creditors. A company under liquidation may not have the legal capacity to fulfil new contracts, and creditors are prioritised in the distribution of proceeds. This is a high-risk status - caution is strongly advised.
Talwar Agencies is a company under liquidation, formerly operating as a private limited company based in New Delhi, Delhi, India. The company works in home furnishings and accessories retail, within the home and lifestyle industry. It was incorporated on 30 March 1998 and is registered under CIN U51909DL1998PTC093002. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Talwar Agencies has 2 current directors:
- Krishan Kumar Puri - Director
- Pravesh Talwar - Director
The latest financial statements of Talwar Agencies on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 28 September 2018. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Talwar Agencies is U51909DL1998PTC093002. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Talwar Agencies has open charges of ₹3.6 Cr and no satisfied charges on record as per latest MCA filings.
Talwar Agencies has 10 court cases on record: 2 filed by the company and 8 filed against it. 1 is pending. Most are in the district courts.
Talwar Agencies was incorporated on 30 March 1998. It is registered with the Registrar of Companies, Delhi.
Jia Lal Talwar ceased to be Director on 25 Aug 2017. Sumit Kumar ceased to be Director on 30 Sep 2005. Krishan Kumar Puri was appointed as Director on 01 May 2000. Talwar Agencies has 4 board changes on record in total.
The registered office of Talwar Agencies is at F – 47 Desh Bandhu Gupta Market Karol Bagh, New Delhi, Delhi, India – 110005.