Tarun Alloys Limited
About Tarun Alloys Limited
Data last updated:
Tarun Alloys Limited is a public limited company based in Bhiwadi, Rajasthan, India. It operates in the steel manufacturing and processing segment of the metals and mining sector. It was incorporated on 22 December 1995 and has been in existence for over 31 years.
The company is registered with the Registrar of Companies (ROC), Jaipur, under CIN U27101RJ1995PLC011262. Its GSTIN is 08AABCT5109K1Z9 (Rajasthan). The company holds 4 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹4.4 Cr and a paid-up capital of ₹4.33 Cr. It is led by directors including Jagjiwan Kumar and Pankaj Kumar Garg.
Its last annual general meeting (AGM) was held on 29 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office is at A – 905 Phase – III Industrial Area, Bhiwadi, Rajasthan, India.
As per the financials filed for FY 2015, the company reported a revenue of ₹158.99 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹5.85 Cr (net margin -3.7%) and EBITDA of -₹3.79 Cr (EBITDA margin -2.4%). Revenue has grown at a compounded annual rate (CAGR) of 34% over three years.
The company has about 11 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹12 Lakh and satisfied charges of ₹46.84 Cr on record. Court records list 11 cases involving the company, including 6 filed by the company and 5 filed against it; 1 case is pending.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
Contact details
Tarun Alloys Limited's registered office is in Bhiwadi, Rajasthan. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressA – 905 Phase – III Industrial Area, Bhiwadi, Rajasthan, India
- IndustryMetals and Minerals, Steel Manufacturing & Processing
To see the full contact details of Tarun Alloys 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 Tarun Alloys Limited
FY 2018 filings availableTarun Alloys Limited reported revenue of ₹158.99 Cr (up 178% YoY) for FY 2015.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 34% over three years, including 178% growth 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 2014-15 |
|---|---|
| Profit and Loss Statement | |
| Revenue from Operations | ₹158.99 Cr |
| Other Income | |
| Total Revenue | |
| Cost of Materials Consumed | |
| Employee Benefit Expense | |
| Finance Costs | |
| Depreciation and Amortisation | |
| Other Expenses | |
| Total Expenses | |
| EBITDA | -₹3.79 Cr |
| Profit Before Tax | |
| Tax Expense | |
| Net Profit (PAT) | -₹5.85 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 2014-15 |
|---|---|
| Profitability | |
| EBITDA Margin | -2.4% |
| Net Profit Margin | -3.7% |
| 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 Tarun Alloys Limited, buy the company report.
Board of directors of Tarun Alloys Limited
Tarun Alloys 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 |
|---|---|---|---|---|
| Jagjiwan Kumar | Director | 22 Dec 1995 | 30 Years 10 Months | Current |
| Pankaj Kumar Garg Also directs: KP Sustainable Scrap Solutions Private Limited | Director | 11 Sep 2014 | 12 Years 1 Months | Current |
| Ram Kumar | Director | 01 Feb 2011 | 15 Years 9 Months | Current |
Auditor
Tarun Alloys Limited is audited by S SINGHAL & CO for the financial year 2015.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S SINGHAL & CO | FY 2015 | 001526C |
Shareholding
The shareholding of Tarun Alloys Limited is on record for 2 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Tarun Alloys Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 25 Aug 2001 | 90073930 | Rajasthan Financial Corporation | ₹12 Lakh | Open | |
| 25 Mar 2011 | 10279317 | Canara Bank | ₹1.56 Cr | Satisfied | |
| 30 Dec 2009 | 10193302 | Canara Bank | ₹9 Cr | Satisfied | |
| 19 Jan 2009 | 10140128 | Canara Bank | ₹2.3 Cr | Satisfied | |
| 31 Dec 2007 | 10096077 | Canara Bank | ₹50 Lakh | Satisfied |
To see the full charge records of Tarun Alloys Limited, buy the company report.
Total charge records: 9 View all charges
Legal cases
Tarun Alloys Limited has 11 court cases on record: 6 filed by Tarun Alloys, 5 filed against it. 1 case is pending and 10 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 6 | 0 | 0 |
| District courts | 3 | 3 | 1 |
| Supreme Court | 1 | 1 | 0 |
| NCLT | 1 | 1 | 0 |
Cases on record (5 of 11)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Supreme Court | Court case (1815-Ordinary Civil Matters : Matters relating to Electricity Dispute(connection/disconnection etc)) | Filed against the company by Ramayana Ispat Pvt. Ltd. and Anr. Director Mr Piyus Gupta Director Mr Piyus Gupta SP- 45A, Riico Industrial Area, Khushkhera, District Alwar , District: Alwar ,Alwar , Rajasthan and 1 other | Disposed |
| District court, Central, Delhi | Criminal case | Filed against the company by Furmats Marketing Pvt. Ltd | Disposed |
| District court, Palwal, Haryana | Civil suit | Filed against the company by M/S Suresh Iron Store | Pending |
| High Court | Interim or miscellaneous application | Filed by the company against Union of India | Disposed |
| High Court | Writ petition | Filed by the company against Union of India and 3 others | Disposed |
To see the full case history of Tarun Alloys 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 Tarun Alloys Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Tarun Alloys Limited has a workforce of 11 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.
GST
Tarun Alloys has 4 GST registrations: 1 active and 3 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 08AABCT5109K1Z9 | Rajasthan | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Tarun Alloys Limited, buy the company report.
Recent activity
Tarun Alloys Limited has 5 board changes on record since 1995: 3 appointments and 2 cessations. The latest: Krishan Kumar ceased to be Director on 03 May 2019.
17 earlier events are in the company report.
Frequently asked questions
Tarun Alloys is an active public limited company based in Bhiwadi, Rajasthan, India. The company works in steel manufacturing and processing, within the metals and minerals industry. It was incorporated on 22 December 1995 (31+ years old) and is registered under CIN U27101RJ1995PLC011262.
Tarun Alloys has 3 current directors:
- Jagjiwan Kumar - Director
- Pankaj Kumar Garg - Director
- Ram Kumar - Director
The latest financial statements of Tarun Alloys on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 29 September 2018. Year-wise statements from 2015 are in the company report.
The GSTIN of Tarun Alloys is 08AABCT5109K1Z9, registered in Rajasthan. The company has 4 GST registrations in all, of which 1 is active and 3 are cancelled or inactive.
The CIN (Corporate Identification Number) of Tarun Alloys is U27101RJ1995PLC011262. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Tarun Alloys has 11 court cases on record: 6 filed by the company and 5 filed against it. 1 is pending. Most are in the high courts.
Tarun Alloys was incorporated on 22 December 1995, making it 31+ years old. It is registered with the Registrar of Companies, Jaipur.
Krishan Kumar ceased to be Director on 03 May 2019. Pankaj Kumar Garg was appointed as Director on 11 Sep 2014. Dinesh Garg ceased to be Director on 01 Feb 2011. Tarun Alloys has 5 board changes on record in total.
The registered office of Tarun Alloys is at A – 905 Phase – III Industrial Area, Bhiwadi, Rajasthan, India.
Tarun Alloys operates in the metals and minerals industry, in the steel manufacturing and processing segment.
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