About Tricom India Limited
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Tricom India Limited is a public limited company based in Mumbai, Maharashtra, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 12 October 1992 and has been in existence for over 34 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN L65910MH1992PLC068953. The company has 1 GST registration on record, which is no longer active. It is recorded as listed by MCA, but its shares were delisted from NSE on 02 Jul 2018 · winding up and from BSE on 14 Feb 2020 · winding up, and no longer trade on a stock exchange.
The company has an authorised share capital of ₹20 Cr and a paid-up capital of ₹15.84 Cr. It is led by directors including Chetan Shantilal Kothari (Managing Director) and Ratnakar Anant Kulthe.
Its last annual general meeting (AGM) was held on 30 September 2016, and its latest financial statements are for the year ended 31 March 2016. The registered office is at Tricom House Gandhi Estate Andheri Kurla Road Safed Pool Andheri(East), Mumbai, Maharashtra, India – 400072.
As per the financials filed for FY 2016, the company reported a revenue of ₹26.49 Cr, a decline of 28% compared to the previous year. For the same year it recorded a net loss of ₹66.87 Cr (net margin -252.4%) and EBITDA of ₹6.51 Cr (EBITDA margin 24.6%).
Its group structure includes 6 subsidiaries.
The company is associated with 1 brand: TricomInfo. As per MCA filings, the company has open charges of ₹122.62 Cr and satisfied charges of ₹19.43 Cr on record. Court records list 217 cases involving the company, including 16 filed by the company and 203 filed against it; 9 cases are pending. The company has 105 deals on record (105 market trades); the latest was in April 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 tilinfo.com.
Company details
Contact details
Tricom India Limited's registered office is in Mumbai, Maharashtra. Its website is tilinfo.com. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressTricom House Gandhi Estate Andheri Kurla Road Safed Pool Andheri(East), Mumbai, Maharashtra, India – 400072
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Tricom India 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
Tricom India operates one associated brand: TricomInfo. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Financial education and market insights are provided by TricomInfo. | tricominfo.com |
Business activity
The main business activity of Tricom India is information and communication. In detail, this covers data processing, hosting and related activities; web portal.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J7 | Data processing, hosting and related activities; web portal |
To see the full business activity and turnover split of Tricom India Limited, buy the company report.
Financials of Tricom India Limited
FY 2016 filings availableTricom India Limited reported revenue of ₹26.49 Cr (down 28% YoY) for FY 2016.
Compounded Annual Growth Rate (CAGR)
Revenue fell 28% in the latest year. EBITDA rose 190% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ||
| Other Income | ||
| Total Revenue | ₹26.49 Cr | |
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | ₹6.51 Cr | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | -₹66.87 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 2015-16 | FY 2014-15 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 24.6% | |
| Net Profit Margin | -252.4% | |
| 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 Tricom India Limited, buy the company report.
Board of directors of Tricom India Limited
Tricom India has 3 current directors and 17 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ratnakar Anant Kulthe | Additional Director | 03 Oct 2016 | 10 Years 0 Months | Current |
| Masood Jilani Sheikh | Additional Director | 03 Oct 2016 | 10 Years 0 Months | Current |
| Chetan Shantilal Kothari | Managing Director | 14 Apr 2015 | 11 Years 6 Months | Current |
Auditor
Tricom India Limited is audited by KOSHAL & ASSOCIATES for the financial year 2016.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| KOSHAL & ASSOCIATES | FY 2016 | 121233W |
Shareholding
The shareholding of Tricom India Limited is on record for 2 financial years, the latest being FY 2016, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2016 | FY 2015 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Tricom India Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 Mar 2012 | 10343861 | Icici Bank Limited | ₹13.25 Cr | Open | |
| 04 Feb 2011 | 10276415 | Export-Import Bank of India | ₹23 Cr | Open | |
| 20 Jan 2011 | 10273693 | S. E. Investments Limited | ₹3.3 Cr | Open | |
| 20 Jan 2011 | 10273694 | S. E. Investments Limited | ₹3.6 Cr | Open | |
| 20 Jan 2011 | 10273695 | S. E. Investments Limited | ₹3.1 Cr | Open |
To see the full charge records of Tricom India Limited, buy the company report.
Total charge records: 15 View all charges
Deals & funding
Tricom India Limited has 105 deals on record (105 market trades); the latest was in April 2015.
Deals on record (5 of 105)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Apr 2015 | Market trade | ₹11.8 Lakh | Buyer: an individual Seller: Adroit Tradelink Private Limited |
| Dec 2014 | Market trade | ₹8 Lakh | Buyer: Adroit Tradelink Private Limited |
| Dec 2014 | Market trade | ₹7.4 Lakh | Buyer: Adroit Tradelink Private Limited |
| Dec 2014 | Market trade | ₹6.7 Lakh | Buyer: Adroit Tradelink Private Limited |
| Mar 2014 | Market trade | ₹23.1 Lakh | Buyer: Gandharv Syntex Private Limited Seller: Maa Bhavani Nirman Private Limited |
To see the full deal history of Tricom India Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Tricom India Limited has 217 court cases on record: 16 filed by Tricom India, 203 filed against it. 9 cases are pending and 208 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 172 | 167 | 5 |
| High courts | 45 | 36 | 4 |
Cases on record (5 of 217)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Court case (CHSCD) | Filed against the company by M/S. Godrej Industries Limited | Disposed |
| Bombay High Court | Court case (CHOL) | Filed against the company by Godrej Industries Limited | Disposed |
| Bombay High Court | Court case (NMCD) | Filed against the company by Godrej Industries Limited | Disposed |
| Bombay High Court | Appeal | Filed against the company by M/S Godrej Industries Ltd | Disposed |
| Bombay High Court | Court case (SJ) | Filed against the company by M/S. Godrej Industries Limited | Disposed |
To see the full case history of Tricom India 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 Tricom India Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Tricom India has 6 subsidiary companies. This group structure data is as of FY 2016. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Tricom Data Processing Private Limited | U72200MH2004PTC148566 | |
| Tricom Data Processing Private Limited | U72200MH2004PTC148566 | |
| Edata Processing Private Limited | U72900MH2008PTC181297 | |
| Edata Processing Private Limited | U72900MH2008PTC181297 | |
| Tricom Infotech Solutions Limited | U74999MH2003PLC139413 | |
| Tricom Infotech Solutions Limited | U74999MH2003PLC139413 |
To see the full group structure of Tricom India Limited, buy the company report.
Employees & EPFO
Tricom India Limited has 1 active EPFO establishment as of Apr 05, 2024.
GST
Tricom India has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Tricom India Limited, buy the company report.
Recent activity
Tricom India Limited has 37 board changes on record since 1994: 20 appointments and 17 cessations. The latest: Chetna Chetan Kothari ceased to be Director on 03 Oct 2016.
51 earlier events are in the company report.
Frequently asked questions
Tricom India is an active public limited company based in Mumbai, Maharashtra, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 12 October 1992 (34+ years old) and is registered under CIN L65910MH1992PLC068953.
Tricom India has 3 current directors:
- Chetan Shantilal Kothari - Managing Director
- Ratnakar Anant Kulthe - Additional Director
- Masood Jilani Sheikh - Additional Director
The latest financial statements of Tricom India on record with the MCA are for the year ended 31 March 2016. Its last annual general meeting was held on 30 September 2016. Year-wise statements from 2015 are in the company report.
No. Tricom India has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Tricom India is L65910MH1992PLC068953. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Tricom India is recorded as a listed company by MCA, but its shares were delisted from NSE on 02 Jul 2018 · winding up and from BSE on 14 Feb 2020 · winding up, and no longer trade on a stock exchange.
Tricom India has 217 court cases on record: 16 filed by the company and 203 filed against it. 9 are pending. Most are in the district courts.
Tricom India was incorporated on 12 October 1992, making it 34+ years old. It is registered with the Registrar of Companies, Mumbai.
Tricom India has 105 deals on record (105 market trades); the latest was in April 2015.
Chetna Chetan Kothari ceased to be Director on 03 Oct 2016. Masood Jilani Sheikh was appointed as Additional Director on 03 Oct 2016. Paresh Vishnuprasad Pathak ceased to be Director on 03 Oct 2016. Tricom India has 37 board changes on record in total.