About TML Distribution Company Limited
Data last updated:
TML Distribution Company Limited was a public limited company based in Mumbai, Maharashtra, India, operated as a subsidiary of Tata Motors 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 automobile dealership and trading segment of the automotive sector. It was incorporated on 28 March 2008.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U63000MH2008PLC180593. The company has 42 GST registrations on record, none of which is active.
The company had an authorised share capital of ₹225 Cr and a paid-up capital of ₹225 Cr. It was led by directors including Achal Paliwal Paliwal (Manager) and Vaijayanti Ajit Pandit.
Its last annual general meeting (AGM) was held on 31 August 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office was at Nanavati Mahalaya 18 Homi Mody Street Hutatma Chowk, Mumbai, Maharashtra, India – 400001.
As per the financials filed for FY 2021, the company reported a revenue of ₹53.84 Cr, a decline of 48% compared to the previous year. For the same year it recorded a net profit of ₹7.5 Cr (net margin 13.9%) and EBITDA of ₹17.1 Cr (EBITDA margin 31.8%). Revenue has declined at a compounded annual rate (CAGR) of 77% over three years and 37% over five years.
The company had about 76 employees on its provident fund (EPFO) records before it was dissolved.
As per MCA filings, the company had open charges of ₹315 Cr on record. Court records list 45 cases involving the company, including 16 filed by the company and 29 filed against it; 11 cases are pending. The company has 1 deal on record (1 funding round), with disclosed funding of ₹224.95 Cr; the latest was in September 2008. The company has 1 MSME Form 1 return on record for the period ending Mar 2012, listing 1 overdue payment to 1 micro and small supplier.
The last known website on record is tatamotors.com.
Company details
Contact details
TML Distribution Company Limited's registered office is in Mumbai, Maharashtra. Its website is tatamotors.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressNanavati Mahalaya 18 Homi Mody Street Hutatma Chowk, Mumbai, Maharashtra, India – 400001
- IndustryAutomotive, Auto Dealership & Trading
To see the full contact details of TML Distribution Company 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 TML Distribution Company 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 TML Distribution Company Limited, buy the company report.
Financials of TML Distribution Company Limited
FY 2021 filings availableTML Distribution Company Limited reported revenue of ₹53.84 Cr (down 48% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 37% over five years, including a 48% fall in the latest year. EBITDA rose 247% 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 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹53.84 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹17.1 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹7.5 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 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 31.8% | ||||
| Net Profit Margin | 13.9% | ||||
| 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 TML Distribution Company Limited, buy the company report.
Board of directors and KMP of TML Distribution Company Limited
TML Distribution Company Limited currently reports 5 directors and 1 key managerial person. 25 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Achal Paliwal Paliwal Also directs: Chesta Education Private Limited | Manager | 08 Nov 2016 | 9 Years 11 Months | As last reported |
| Vaijayanti Ajit Pandit Also directs: Everest Kanto Cylinder Limited, Mysore Petro Chemicals Limited, P N Gadgil Jewellers Limited and 5 more | Director | 31 Mar 2015 | 11 Years 6 Months | As last reported |
| Asim Kumar Mukhopadhyay Also directs: TMF Business Services Limited, Navtom Consulting Private Limited | Director | 20 Jan 2014 | 12 Years 9 Months | As last reported |
| Ramakrishnan Ramanathan Also directs: The Hi-Tech Gears Limited, Everest Kanto Cylinder Limited | Director | 31 Jan 2011 | 15 Years 8 Months | As last reported |
| Dinesh Nainani | Cfo | 21 Jan 2022 | 4 Years 9 Months | As last reported |
| Shailesh Chandra | Director | 23 Oct 2020 | 6 Years 0 Months | As last reported |
Auditor
TML Distribution Company Limited is audited by B S R & Co. LLP for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| B S R & Co. LLP | FY 2021 | 101248W/W-100022 |
Shareholding
The shareholding of TML Distribution Company Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of TML Distribution Company Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 15 Oct 2008 | 10128137 | Hdfc Bank Limited | ₹315 Cr | Open |
Total charge records: 1 View all charges
Deals & funding
TML Distribution Company Limited has 1 deal on record (1 funding round), with disclosed funding of ₹224.95 Cr; the latest was in September 2008.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2008 | Funding round | ₹224.95 Cr | Investors: Tata Motors Limited |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
TML Distribution Company Limited has 45 court cases on record: 16 filed by TML Distribution Company, 29 filed against it. 11 cases are pending and 34 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 30 | 16 | 7 |
| High courts | 15 | 13 | 4 |
Cases on record (5 of 45)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summary case) | Filed by the company against Om Sai Cars India Pvt.Ltd. and 1 other | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Commercial matter | Filed by the company against Utsav Motors Pvt. Ltd. and 2 others | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Commercial matter | Filed by the company against Coastal Automobiles (P) Limited and 3 others | Pending |
| Bombay High Court | Writ petition | Filed against the company by Sukh Sagar Motors Pvt. Ltd. and Ors. | Pending |
| Bombay High Court | Court case (CARBP) | Filed against the company by Techno Automobiles Pvt. Ltd. and 3 Ors | Pending |
To see the full case history of TML Distribution Company 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
TML Distribution Company Limited has 1 MSME Form 1 return on record for the period ending Mar 2012, listing 1 overdue payment to 1 micro and small supplier. 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 (1 of 1)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Kamal Coach Works Private Limited |
To see the full MSME payment records of TML Distribution Company Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
TML Distribution Company Limited has a workforce of 76 employees on its EPFO records as of Mar 21, 2024, across 1 active EPFO establishment.
GST
TML Distribution Company has 42 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 TML Distribution Company Limited, buy the company report.
Recent activity
TML Distribution Company Limited has 27 board changes on record since 2008: 6 appointments and 21 cessations. The latest: Dinesh Nainani was appointed as CFO on 21 Jan 2022.
19 earlier events are in the company report.
News
Frequently asked questions
TML Distribution Company 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.
TML Distribution Company was a public limited company based in Mumbai, Maharashtra, India. The company worked in auto dealership and trading, within the automotive industry. It was incorporated on 28 March 2008 and is registered under CIN U63000MH2008PLC180593. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
TML Distribution Company was incorporated on 28 March 2008. It is registered with the Registrar of Companies, Mumbai.
TML Distribution Company had 6 directors and KMP:
- Vaijayanti Ajit Pandit - Director
- Asim Kumar Mukhopadhyay - Director
- Ramakrishnan Ramanathan - Director
- Shailesh Chandra - Director
- Achal Paliwal Paliwal - Manager
- Dinesh Nainani - Cfo
The CIN (Corporate Identification Number) of TML Distribution Company is U63000MH2008PLC180593. 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 TML Distribution Company is at Nanavati Mahalaya 18 Homi Mody Street Hutatma Chowk, Mumbai, Maharashtra, India – 400001.
TML Distribution Company can be reached through the website tatamotors.com. Its registered office is in Mumbai, Maharashtra, India.
The latest financial statements of TML Distribution Company on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 31 August 2021. Year-wise statements from 2015 are in the company report.
No. TML Distribution Company has 42 GST registrations on record and all of them are cancelled or inactive.
TML Distribution Company operated in the automotive industry, in the auto dealership and trading segment.
TML Distribution Company has 1 deal on record (1 funding round), with disclosed funding of ₹224.95 Cr; the latest was in September 2008.