Tifco Holdings Limited - financial services in Mumbai, Maharashtra, India. Directors, charges & compliance details.
CIN U65910MH1977PLC019873 Incorporated 21 September 1977 ROC Mumbai HQ Mumbai, Maharashtra, India
Merged Public Limited Company financial services
Data last updated
Revenue · FY 2017
₹12.84 Cr
▼ 28% YoY
Net loss · FY 2017
₹6.46 Cr
Net margin -50.3%
EBITDA · FY 2017
-₹4.49 Cr
EBITDA margin -34.9%
Authorised capital
₹90 Cr
Registered with MCA
Paid-up capital
₹81.5 Cr
Issued & subscribed
Company age
49 yrs
Est. 1977
Directors on board
3
As per MCA filings
Last financials
Mar 2017
Balance sheet date

About Tifco Holdings Limited

Data last updated:

Tifco Holdings Limited was a public limited company based in Mumbai, Maharashtra, India, operated as a subsidiary of The Indian Hotels Company Limited. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the diversified financial services segment of the financial services sector. It was incorporated on 21 September 1977.

The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U65910MH1977PLC019873.

The company had an authorised share capital of ₹90 Cr and a paid-up capital of ₹81.5 Cr. It was led by directors including Kailasanathan Narayan and Moiz Mohsin Miyajiwala.

Its last annual general meeting (AGM) was held on 20 September 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office was at Mandlik House Mandlik Road Colaba, Mumbai, Maharashtra, India – 400001.

As per the financials filed for FY 2017, the company reported a revenue of ₹12.84 Cr, a decline of 28% compared to the previous year. For the same year it recorded a net loss of ₹6.46 Cr (net margin -50.3%) and EBITDA of -₹4.49 Cr (EBITDA margin -34.9%).

Court records list 11 cases involving the company, including 8 filed by the company and 3 filed against it; 4 cases are pending.

Company details

CIN U65910MH1977PLC019873
Registration Number 019873
Incorporation Date 21 September 1977
ROC Mumbai
Listing Status Unlisted
Company Status Amalgamated
Date of Last AGM 20 September 2017
Date of Balance Sheet 31 March 2017
Parent Company The Indian Hotels Company Limited

Contact details

Tifco Holdings Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    Mandlik House Mandlik Road Colaba, Mumbai, Maharashtra, India – 400001
  • Industry
    Financial Services, Diversified Financial Services

To see the full contact details of Tifco Holdings Limited, buy the company report.

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  • Historical financials and ratios
  • Shareholding pattern and group structure
  • Charges with holder and property details
  • Legal cases, compliance and MCA filings
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Business activity

The main business activity of Tifco Holdings is financial and insurance service. In detail, this covers other financial activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
KFinancial and insurance ServiceK8Other financial activities

To see the full business activity and turnover split of Tifco Holdings Limited, buy the company report.

Financials of Tifco Holdings Limited

FY 2017 filings available

Tifco Holdings Limited reported revenue of ₹12.84 Cr (down 28% YoY) for FY 2017.

Revenue · FY 2017
₹12.84 Cr ▼ 28%
Net loss · FY 2017
₹6.46 Cr margin -50.3%
EBITDA · FY 2017
-₹4.49 Cr margin -34.9%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 28%
EBITDA CAGR growth
1 year
▼ 125%

Revenue fell 28% in the latest year. EBITDA fell 125% in the latest year. All are worked out from the filed statements.

Financial Statement Summary

MetricsFY 2016-17FY 2015-16FY 2014-15
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA-₹4.49 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹6.46 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

MetricsFY 2016-17FY 2015-16FY 2014-15
Profitability
EBITDA Margin-34.9%
Net Profit Margin-50.3%
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 Tifco Holdings Limited, buy the company report.

Board of directors of Tifco Holdings Limited

Tifco Holdings has 3 current directors and 12 former directors. Current directors are listed first, with their designation and appointment date.

Directors (as last reported)
NameDesignationAppointment DateTenureStatus
Kailasanathan NarayanDirector14 Oct 201610 Years 0 MonthsAs last reported
Moiz Mohsin MiyajiwalaDirector14 Oct 201610 Years 0 MonthsAs last reported
Rajeshkumar Harshadrai ParekhDirector08 Jan 200818 Years 9 MonthsAs last reported

Auditor

Tifco Holdings Limited is audited by PATEL & DEODHAR for the financial year 2016.

Auditor firmFinancial yearFirm registration number
PATEL & DEODHARFY 2016107644W

Shareholding

The shareholding of Tifco Holdings Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2017FY 2016
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Tifco Holdings Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Tifco Holdings Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Group structure & subsidiaries

Tifco Holdings has 2 associated companies. This group structure data is as of FY 2017. The table lists each entity with its relationship and holding.

2
Associated companies

GST

No GST registration is on our record for Tifco Holdings Limited; the GSTIN and return-filing check is in the company report Buy the company report.

Recent activity

Tifco Holdings Limited has 15 board changes on record since 2007: 3 appointments and 12 cessations. The latest: Kailasanathan Narayan ceased to be Additional Director on 20 Sep 2017.

AGM
Tifco Holdings Limited last Annual general meeting of members was held on 20 Sep 2017 as per latest MCA records.
Ceased
Kailasanathan Narayan ceased to be Additional Director.
Ceased
Moiz Mohsin Miyajiwala ceased to be Additional Director.
Filing
Tifco Holdings Limited has filed its annual Financial statements for the year ended 31 Mar 2017 with Roc Mumbai.
Ceased
Anil Pushkar Goel ceased to be Director.
Appointed
Kailasanathan Narayan was appointed as Director.
Appointed
Moiz Mohsin Miyajiwala was appointed as Director.
Ceased
Beejal Akshaykumar Desai ceased to be Director.
Ceased
Farzana Sam Billimoria ceased to be Director.
Ceased
Rajeev Newar ceased to be Director Appointed In Casual Vacancy.
Ceased
Niyant Rohit Maru ceased to be Director.
Ceased
Sanker Parameswaran ceased to be Director.

6 earlier events are in the company report.

Frequently asked questions

Tifco Holdings 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.

Tifco Holdings was a public limited company based in Mumbai, Maharashtra, India. The company worked in diversified financial services, within the financial services industry. It was incorporated on 21 September 1977 and is registered under CIN U65910MH1977PLC019873. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.

Tifco Holdings was incorporated on 21 September 1977. It is registered with the Registrar of Companies, Mumbai.

Tifco Holdings had 3 directors:

The CIN (Corporate Identification Number) of Tifco Holdings is U65910MH1977PLC019873. 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 Tifco Holdings is at Mandlik House Mandlik Road Colaba, Mumbai, Maharashtra, India – 400001.

The latest financial statements of Tifco Holdings on record with the MCA are for the year ended 31 March 2017. Its last annual general meeting was held on 20 September 2017. Year-wise statements from 2015 are in the company report.

Tifco Holdings operated in the financial services industry, in the diversified financial services segment.

Tifco Holdings has 11 court cases on record: 8 filed by the company and 3 filed against it. 4 are pending. Most are in the district courts.

Kailasanathan Narayan ceased to be Additional Director on 20 Sep 2017. Moiz Mohsin Miyajiwala ceased to be Additional Director on 20 Sep 2017. Anil Pushkar Goel ceased to be Director on 15 Oct 2016. Tifco Holdings has 15 board changes on record in total.