True Future India Network Private Limited
About True Future India Network Private Limited
Data last updated:
True Future India Network Private Limited is a private limited company based in Salem, Tamil Nadu, India. It operates in the retail trading segment of the trading and commerce sector. It was incorporated on 02 June 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Coimbatore, under CIN U74999TZ2016PTC027628. Its GSTIN is 33AAFCT7774G1Z2 (Tamil Nadu).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Rajesh and Masivel Dhanavalli.
Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at Door No.273/22 Omlur Main Road Swarnapuri, Salem, Tamil Nadu, India – 636004.
As per the financials filed for FY 2019, the company reported a revenue of ₹1.09 Cr, a decline of 21% compared to the previous year. For the same year it recorded a net profit of ₹56,678 (net margin 0.5%) and EBITDA of ₹1.15 Lakh (EBITDA margin 1.1%).
The current compliance status is marked as compliant by the Registrar of Companies.
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered AddressDoor No.273/22 Omlur Main Road Swarnapuri, Salem, Tamil Nadu, India – 636004
- IndustryTrading, Retail Trading, Retailers
- 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
- One PDF report, delivered after checkout
Business Activity of True Future India Network Private Limited
The main business activity of True Future India Network is trade. In detail, this covers retail trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Auditor Details of True Future India Network Private Limited
True Future India Network Private Limited is audited by S. GANESH KUMAR for the financial year 2017.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| S. GANESH KUMAR | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of True Future India Network Private Limited
True Future India Network has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rajesh | Director | 02 Jun 2016 | 10 Years 4 Months | Current |
| Masivel Dhanavalli | Director | 02 Jun 2016 | 10 Years 4 Months | Current |
Financials of True Future India Network Private Limited FY 2019 filings available
True Future India Network Private Limited reported revenue of ₹1.09 Cr (down 21% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR) of True Future India Network Private Limited
Revenue fell 21% in the latest year. EBITDA fell 51% in the latest year. All are worked out from the filed statements.
Financial Statement Summary of True Future India Network Private Limited
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | ₹1.09 Cr | •••• | •••• |
| Other Income | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• |
| EBITDA | ₹1.15 Lakh | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• |
| Net Profit (PAT) | ₹56,678 | •••• | •••• |
| 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 of True Future India Network Private Limited
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 1.1% | •••• | •••• |
| Net Profit Margin | 0.5% | •••• | •••• |
| 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 | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of True Future India Network are in the company report.
Financial statements from FY 2017
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Ownership and Shareholding of True Future India Network Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of True Future India Network Private Limited
True Future India Network Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at True Future India Network Private Limited
Employment history and EPFO contributions of people linked to True Future India Network.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
GST Compliance of True Future India Network Private Limited
True Future India Network has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAFCT7774G1Z2 | Tamil Nadu | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
Credit Ratings, Litigation & Regulatory Alerts for True Future India Network Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by True Future India Network Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of True Future India Network Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
MCA Filings & Documents of True Future India Network Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Recent Activity on True Future India Network Private Limited
Frequently Asked Questions about True Future India Network Private Limited
True Future India Network is an active private limited company based in Salem, Tamil Nadu, India. The company works in retail trading, within the trading industry. It was incorporated on 02 June 2016 (10+ years old) and is registered under CIN U74999TZ2016PTC027628.
True Future India Network reported revenue of ₹1.09 Cr for FY 2019 (down 21% YoY).
True Future India Network has 2 current directors:
- Rajesh - Director
- Masivel Dhanavalli - Director
True Future India Network reported a net profit of ₹56,678 (net margin 0.5%) and EBITDA of ₹1.15 Lakh (EBITDA margin 1.1%) for FY 2019, as per its filed financial statements.
The GSTIN of True Future India Network is 33AAFCT7774G1Z2, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of True Future India Network is U74999TZ2016PTC027628. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
True Future India Network was incorporated on 02 June 2016, making it 10+ years old. It is registered with the Registrar of Companies, Coimbatore.
The registered office of True Future India Network is at Door No.27322 Omlur Main Road Swarnapuri, Salem, Tamil Nadu, India – 636004.
True Future India Network has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh.