Texco Tools Private Limited
About Texco Tools Private Limited
Data last updated:
Texco Tools Private Limited was a private limited company based in New Delhi, Delhi, India. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the auto parts and components segment of the automotive sector. It was incorporated on 06 May 1987.
The company was registered with the Registrar of Companies (ROC), Delhi, under CIN U74899DL1987PTC027867. The company has 2 GST registrations on record, none of which is active.
The company had an authorised share capital of ₹3.5 Cr and a paid-up capital of ₹3.2 Cr. It was led by directors including Gokul Bakshi and Bindu Sethi.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office was at B – 446 New Friends Colony, New Delhi, Delhi, India.
As per the financials filed for FY 2024, the company reported a revenue of ₹3.59 Lakh, a decline of 95% compared to the previous year. For the same year it recorded a net loss of ₹80,788 (net margin -22.5%) and EBITDA of ₹2.25 Lakh (EBITDA margin 62.7%). Revenue has declined at a compounded annual rate (CAGR) of 66% over three years and 72% over five years.
The company had about 5 employees on its provident fund (EPFO) records before it was dissolved.
As per MCA filings, the company had open charges of ₹6.07 Cr and satisfied charges of ₹5 Lakh on record. Court records list 4 cases involving the company, including 4 filed by the company; 2 cases are pending.
Company details
Contact details
Texco Tools 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 AddressB – 446 New Friends Colony, New Delhi, Delhi, India
- IndustryAutomotive, Auto Parts & Components
To see the full contact details of Texco Tools 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 Texco Tools is manufacturing. In detail, this covers motor vehicles, trailers, semi trailers and other transport vehicles.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C11 | Motor vehicles, trailers, semi trailers and other Transport Vehicles |
To see the full business activity and turnover split of Texco Tools Private Limited, buy the company report.
Financials of Texco Tools Private Limited
FY 2024 filings availableTexco Tools Private Limited reported revenue of ₹3.59 Lakh (down 95% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 72% over five years, including a 95% fall in the latest year. EBITDA fell 97% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
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| Revenue from Operations | |||||
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| Total Expenses | |||||
| EBITDA | ₹2.25 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹80,788 | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
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| Inventories | |||||
| Trade Receivables | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 62.7% | ||||
| Net Profit Margin | -22.5% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
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| Quick Ratio | |||||
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| 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 Texco Tools Private Limited, buy the company report.
Board of directors of Texco Tools Private Limited
Texco Tools 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 |
|---|---|---|---|---|
| Gokul Bakshi Also directs: Womens International Network Advisory Private Limited | Director | 18 Jun 2016 | 10 Years 4 Months | As last reported |
| Bindu Sethi | Director | 15 Nov 2024 | 1 Years 11 Months | As last reported |
| Devika Bakshi | Director | 15 Nov 2024 | 1 Years 11 Months | As last reported |
Auditor
Texco Tools Private Limited is audited by RAKESH RAJ & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RAKESH RAJ & ASSOCIATES | FY 2023 | 005145N |
Shareholding
The shareholding of Texco Tools Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Texco Tools Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 04 Jan 1989 | 90032333 | State Bank of India | ₹5 Lakh | Satisfied |
To see the full charge records of Texco Tools Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Texco Tools Private Limited has 4 court cases on record: 4 filed by Texco Tools. 2 cases are pending and 2 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 0 | 1 |
| High courts | 1 | 0 | 1 |
| Supreme Court | 1 | 0 | 0 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, South East, Delhi | Execution petition | Filed by the company against an individual | Pending |
| High Court, HARYANA | Writ petition | Filed by the company against State of Haryana and Ors | Pending |
| District court, South East, Delhi | Civil suit | Filed by the company against an individual | Disposed |
| Supreme Court | Court case (1807-Ordinary Civil Matters : Others) | Filed by the company against Municipal Corporation of Delhi . | Disposed |
To see the full case history of Texco Tools 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
Texco Tools Private Limited has 2 MSME Form 1 returns on record for the period ending Mar 2019, listing 89 overdue payments to 8 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 8)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| an individual supplier | |||
| Vbros Auto Private Limited | |||
| an individual supplier | |||
| an individual supplier |
To see the full MSME payment records of Texco Tools Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Texco Tools Private Limited has a workforce of 5 employees on its EPFO records as of Dec 2020, across 1 active EPFO establishment.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2020-21 | 5 |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 |
To see the full employee and EPFO history of Texco Tools Private Limited, buy the company report.
GST
Texco Tools has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Texco Tools Private Limited, buy the company report.
Recent activity
Texco Tools Private Limited has 7 board changes on record since 1987: 5 appointments and 2 cessations. The latest: Paramjit Singh ceased to be Managing Director on 01 Dec 2024.
Frequently asked questions
Texco Tools 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.
Texco Tools was a private limited company based in New Delhi, Delhi, India. The company worked in auto parts and components, within the automotive industry. It was incorporated on 06 May 1987 and is registered under CIN U74899DL1987PTC027867. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Texco Tools was incorporated on 06 May 1987. It is registered with the Registrar of Companies, Delhi.
Texco Tools had 3 directors:
- Gokul Bakshi - Director
- Bindu Sethi - Director
- Devika Bakshi - Director
The CIN (Corporate Identification Number) of Texco Tools is U74899DL1987PTC027867. 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 Texco Tools is at B – 446 New Friends Colony, New Delhi, Delhi, India.
The latest financial statements of Texco Tools on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
No. Texco Tools has 2 GST registrations on record and all of them are cancelled or inactive.
Texco Tools operated in the automotive industry, in the auto parts and components segment.
Texco Tools has 2 MSME Form 1 returns on record for the period ending Mar 2019, listing 89 overdue payments to 8 micro and small suppliers. The latest return was filed on 08 Jun 2019.
Texco Tools has 4 court cases on record: 4 filed by the company. 2 are pending. Most are in the district courts.
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