Target Logistiics (India) Private Limited
About Target Logistiics (India) Private Limited
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Target Logistiics (India) Private Limited is a private limited company based in Tirupur, Tamil Nadu, India. It operates in the express logistics segment of the transport and logistics sector. It was incorporated on 14 August 2002 and has been in existence for over 24 years.
The company is registered with the Registrar of Companies (ROC), Coimbatore, under CIN U64120TZ2002PTC010282. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹20 Lakh and a paid-up capital of ₹18 Lakh. It is led by directors Ramasamy Loganathan and Narayanan Ilangovan.
Its last annual general meeting (AGM) was held on 30 September 2015, and its latest financial statements are for the year ended 31 March 2015. The registered office is at 14 Ganga Nagar II Street, Tirupur, Tamil Nadu, India – 641602.
As per the financials filed for FY 2015, the company reported a revenue of ₹5.49 Cr, a decline of 30% compared to the previous year. For the same year it recorded a net profit of ₹9.69 Lakh (net margin 1.8%) and EBITDA of ₹50.66 Lakh (EBITDA margin 9.2%).
As per MCA filings, the company has open charges of ₹2.55 Cr and satisfied charges of ₹2.65 Cr on record.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
Contact details
Target Logistiics (India) Private Limited's registered office is in Tirupur, Tamil Nadu. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address14 Ganga Nagar II Street, Tirupur, Tamil Nadu, India – 641602
- IndustryTransport and Logistics, Express Logistics
To see the full contact details of Target Logistiics (India) 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
Financials of Target Logistiics (India) Private Limited
FY 2015 filings availableTarget Logistiics (India) Private Limited reported revenue of ₹5.49 Cr (down 30% YoY) for FY 2015.
Compounded Annual Growth Rate (CAGR)
Revenue fell 30% in the latest year. EBITDA rose 8% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2014-15 |
|---|---|
| Profit and Loss Statement | |
| Revenue from Operations | ₹5.49 Cr |
| Other Income | |
| Total Revenue | |
| Cost of Materials Consumed | |
| Employee Benefit Expense | |
| Finance Costs | |
| Depreciation and Amortisation | |
| Other Expenses | |
| Total Expenses | |
| EBITDA | ₹50.66 Lakh |
| Profit Before Tax | |
| Tax Expense | |
| Net Profit (PAT) | ₹9.69 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 2014-15 |
|---|---|
| Profitability | |
| EBITDA Margin | 9.2% |
| Net Profit Margin | 1.8% |
| 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 Target Logistiics (India) Private Limited, buy the company report.
Board of directors of Target Logistiics (India) Private Limited
Target Logistiics (India) has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ramasamy Loganathan | Director | 14 Aug 2002 | 24 Years 2 Months | Current |
| Narayanan Ilangovan | Director | 14 Aug 2002 | 24 Years 2 Months | Current |
Auditor
Target Logistiics (India) Private Limited is audited by BALAJI & THULASIRAMAN for the financial year 2015.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| BALAJI & THULASIRAMAN | FY 2015 | 007262S |
Shareholding
The shareholding of Target Logistiics (India) Private Limited is on record for FY 2015, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2015 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Target Logistiics (India) Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Sep 2015 | 10604721 | Tamilnad Mercantile Bank Limited | ₹2.55 Cr | Open | |
| 23 Mar 2010 | 10209366 | Bank of Maharashtra | ₹2.45 Cr | Satisfied | |
| 24 Aug 2002 | 90003940 | Bank of Maharashtra | ₹20 Lakh | Satisfied |
To see the full charge records of Target Logistiics (India) Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
No court or tribunal cases involving Target Logistiics (India) Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Target Logistiics (India) Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Target Logistiics (India) 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 Target Logistiics (India) Private Limited, buy the company report.
Recent activity
Target Logistiics (India) Private Limited has 2 board changes on record since 2002: 2 appointments. The latest: Narayanan Ilangovan was appointed as Director on 14 Aug 2002.
Frequently asked questions
Target Logistiics (India) is an active private limited company based in Tirupur, Tamil Nadu, India. The company works in express logistics, within the transport and logistics industry. It was incorporated on 14 August 2002 (24+ years old) and is registered under CIN U64120TZ2002PTC010282.
Target Logistiics (India) has 2 current directors:
- Ramasamy Loganathan - Director
- Narayanan Ilangovan - Director
The latest financial statements of Target Logistiics (India) on record with the MCA are for the year ended 31 March 2015. Its last annual general meeting was held on 30 September 2015. Year-wise statements from 2015 are in the company report.
No. Target Logistiics (India) has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Target Logistiics (India) is U64120TZ2002PTC010282. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Target Logistiics (India) was incorporated on 14 August 2002, making it 24+ years old. It is registered with the Registrar of Companies, Coimbatore.
Narayanan Ilangovan was appointed as Director on 14 Aug 2002. Ramasamy Loganathan was appointed as Director on 14 Aug 2002.
The registered office of Target Logistiics (India) is at 14 Ganga Nagar II Street, Tirupur, Tamil Nadu, India – 641602.
Target Logistiics (India) operates in the transport and logistics industry, in the express logistics segment.
Target Logistiics (India) has open charges of ₹2.55 Cr and satisfied charges of ₹2.65 Cr as per latest MCA filings.
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