About Transworld Garnet India Private Limited
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Transworld Garnet India Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the other metals and minerals segment of the metals and mining sector. It was incorporated on 31 July 1995 and has been in existence for over 31 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U93090TN1995PTC032459. Its GSTIN is 33AAACT3408N1ZD (Tamil Nadu). The company holds 3 GST registrations, all of them active.
The company has an authorised share capital of ₹65 Cr and a paid-up capital of ₹64.12 Cr. It is led by directors including Renuka and Vaikundarajan Suba Saranya.
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 34 M.G.R.Rd Kalashetra Colonybesant Nagar Chennai 90. Besant Nagar Chennai 90., Tamil Nadu, India – 600090.
As per the financials filed for FY 2018, the company reported a revenue of ₹90.62 Cr, a growth of 10% compared to the previous year. For the same year it recorded a net profit of ₹1.34 Cr (net margin 1.5%) and EBITDA of ₹4.48 Cr (EBITDA margin 4.9%). Revenue has declined at a compounded annual rate (CAGR) of 4% over three years.
The company has about 45 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: TransworldGarnet. As per MCA filings, the company has open charges of ₹45.01 Cr on record. Court records list 159 cases involving the company, including 128 filed by the company and 31 filed against it; 51 cases are pending. The company has 4 deals on record (2 secondary share transfers, 1 rights issue, 1 funding round), with disclosed funding of ₹19.62 Cr; the latest was in March 2015.
The current compliance status is marked as active non-compliant by the Registrar of Companies. For more details, the company can be reached via its website transworldgarnet.com.
Company details
Contact details
Transworld Garnet India Private Limited's registered office is in Chennai, Tamil Nadu. Its website is transworldgarnet.com. Its e-mail address is in the company report.
- Email
- Website
- Social Media
- Registered Address34 M.G.R.Rd Kalashetra Colonybesant Nagar Chennai 90. Besant Nagar Chennai 90., Tamil Nadu, India – 600090
- IndustryMetals and Minerals, Other Metals & Minerals
To see the full contact details of Transworld Garnet 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
Brands
Transworld Garnet India operates one associated brand: TransworldGarnet. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Garnet processing and supply for industrial uses in India. | transworldgarnet.com |
Business activity
The main business activity of Transworld Garnet India is mining and quarrying. In detail, this covers other mining & quarrying activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| B | Mining and quarrying | B4 | Other Mining & Quarrying Activities |
To see the full business activity and turnover split of Transworld Garnet India Private Limited, buy the company report.
Financials of Transworld Garnet India Private Limited
FY 2018 filings availableTransworld Garnet India Private Limited reported revenue of ₹90.62 Cr (up 10% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue rose 10% in the latest year, though over three years it has declined at a compounded annual rate (CAGR) of 4%. EBITDA fell 41% 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ||||
| Other Income | ||||
| Total Revenue | ₹90.62 Cr | |||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | ₹4.48 Cr | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | ₹1.34 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 4.9% | |||
| Net Profit Margin | 1.5% | |||
| 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 Transworld Garnet India Private Limited, buy the company report.
Board of directors of Transworld Garnet India Private Limited
Transworld Garnet India has 12 current directors and 17 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Renuka | Director | 13 Jul 2011 | 15 Years 3 Months | Current |
| Vaikundarajan Suba Saranya Also directs: Tyro HR India Private Limited | Director | 28 Sep 2011 | 15 Years 1 Months | Current |
| Subburajan | Director | 28 Sep 2011 | 15 Years 1 Months | Current |
| Madhana Muthurajan | Director | 14 Jun 2012 | 14 Years 4 Months | Current |
| Subbiah Nadar Jegatheesan | Director | 29 Sep 2008 | 18 Years 1 Months | Current |
| Sumana Balsamy Kamaraj | Director | 01 Dec 2013 | 12 Years 11 Months | Current |
Auditor
Transworld Garnet India Private Limited is audited by S SANTHANAGOPALAN & CO for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S SANTHANAGOPALAN & CO | FY 2018 | 003604S |
Shareholding
The shareholding of Transworld Garnet India Private Limited is on record for 4 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Transworld Garnet India Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 19 Jul 2013 | 10444247 | The Federal Bank Ltd | ₹15 Cr | Open | |
| 10 Aug 2009 | 10175926 | The Federal Bank Limited | ₹10.5 Cr | Open | |
| 06 May 2009 | 10160086 | Federal Bank Limited | ₹3.5 Cr | Open | |
| 28 Sep 2005 | 90290841 | Central Bank of India | ₹1.5 Cr | Open | |
| 26 Sep 2005 | 90289635 | Sundaram Finance Limited | ₹22.32 Lakh | Open |
To see the full charge records of Transworld Garnet India Private Limited, buy the company report.
Total charge records: 12 View all charges
Deals & funding
Transworld Garnet India Private Limited has 4 deals on record (2 secondary share transfers, 1 rights issue, 1 funding round), with disclosed funding of ₹19.62 Cr; the latest was in March 2015.
Deals on record (4 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2015 | Rights issue | ₹29.12 Cr | Investors: 4 individuals |
| Mar 2014 | Funding round | ₹19.62 Cr | Investors: 4 individuals |
| Sep 2011 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: an individual |
| Sep 2008 | Secondary share transfer | Undisclosed | Buyer: 3 individuals Seller: Heavy Industrial Minerals India Private Limited , Transworld Garnet Company Limited, an individual |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Transworld Garnet India Private Limited has 159 court cases on record: 128 filed by Transworld Garnet India, 31 filed against it. 51 cases are pending and 108 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 98 | 4 | 12 |
| District courts | 33 | 8 | 23 |
| Supreme Court | 15 | 6 | 5 |
| NCLAT | 11 | 11 | 11 |
| NCLT | 2 | 2 | 0 |
Cases on record (5 of 159)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Supreme Court | Court case (33P- Mines Minerals, Mining leases) | Filed against the company by M/S Industrial Mineral Company Represented by Its Managing Partner S. Chandresan | Pending |
| Supreme Court | Court case (33P- Mines Minerals, Mining leases) | Filed against the company by M/S Indian Ocean Garnet Sands Co. Pvt. Ltd | Pending |
| High Court, TAMIL NADU | Appeal | Filed by the company against C.H Robinson World Wide Freight(India) Private Limited and 1 other | Pending |
| High Court, TAMIL NADU | Interim or miscellaneous application | Filed by the company against C.H Robinson World Wide Freight(India) Private Limited and 1 other | Disposed |
| High Court, ANDHRAPRADESH | Writ petition | Filed by the company against M/S.Trimex Sands Private Limited and 7 others | Disposed |
To see the full case history of Transworld Garnet India 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
No delayed payments to MSME suppliers are on our record for Transworld Garnet India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Transworld Garnet India Private Limited has a workforce of 45 employees on its EPFO records as of Apr 06, 2024, across 3 active EPFO establishments.
GST
Transworld Garnet India has 3 GST registrations: 3 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAACT3408N1ZD | Tamil Nadu | Active | 01 Jul 2017 |
| 37AAACT3408N1Z5 | Andhra Pradesh | Active | 01 Jul 2017 |
| 37AAACT3408N2Z4 | Andhra Pradesh | Active | 14 Jul 2017 |
To see the full GST registrations and return filing status of Transworld Garnet India Private Limited, buy the company report.
Recent activity
Transworld Garnet India Private Limited has 29 board changes on record since 2008: 12 appointments and 17 cessations. The latest: Sumana Balsamy Kamaraj ceased to be Additional Director on 30 Sep 2014.
36 earlier events are in the company report.
Frequently asked questions
Transworld Garnet India is an active private limited company based in Chennai, Tamil Nadu, India. The company works in other metals and minerals, within the metals and minerals industry. It was incorporated on 31 July 1995 (31+ years old) and is registered under CIN U93090TN1995PTC032459.
Transworld Garnet India has 12 current directors:
- Renuka - Director
- Vaikundarajan Suba Saranya - Director
- Subburajan - Director
- Madhana Muthurajan - Director
- Subbiah Nadar Jegatheesan - Director
- Sumana Balsamy Kamaraj - Director
- Jegatheesan Chenthilrajan - Director
- Vaikundarajan - Director
- Jegatheesan Muthurajan - Director
- Vaikundarajan Subramanian - Director
- Vai Kundarajan Velmurugan - Director
- Karthiyayini Arumuga Selvan - Director
The latest financial statements of Transworld Garnet India 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 Transworld Garnet India is 33AAACT3408N1ZD, registered in Tamil Nadu. The company has 3 GST registrations in all, of which 3 are active. Other active GSTINs include 37AAACT3408N1Z5 (Andhra Pradesh), 37AAACT3408N2Z4 (Andhra Pradesh).
The CIN (Corporate Identification Number) of Transworld Garnet India is U93090TN1995PTC032459. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Transworld Garnet India has 159 court cases on record: 128 filed by the company and 31 filed against it. 51 are pending. Most are in the high courts.
Transworld Garnet India was incorporated on 31 July 1995, making it 31+ years old. It is registered with the Registrar of Companies, Chennai.
Transworld Garnet India has 4 deals on record (2 secondary share transfers, 1 rights issue, 1 funding round), with disclosed funding of ₹19.62 Cr; the latest was in March 2015.
Sumana Balsamy Kamaraj ceased to be Additional Director on 30 Sep 2014. Sumana Balsamy Kamaraj was appointed as Director on 01 Dec 2013. Arun Kumar ceased to be Director on 25 May 2013. Transworld Garnet India has 29 board changes on record in total.
Transworld Garnet India can be reached through the website transworldgarnet.com. Its registered office is in Chennai, Tamil Nadu, India.
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