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TRACTORS AND FARM EQUIPMENT LIMITED.

Active
Updated: 23 Oct 2024

Tractors and Farm Equipment Limited manufactures agricultural machinery.

Tractors And Farm Equipment Limited., is an unlisted public company incorporated on 28 November, 1960. It is classified as a public limited company and is located in Tamilnadu, Tamil Nadu. It's authorized share capital is INR 14.00 cr and the total paid-up capital is INR 11.54 cr.

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Industry

Manufacturing (Machinery & Equipments)
Products
  • engines, engineering plastics, tractors, gears, and hydraulic pumps., batteries, harvesters, implements
Key Metrics

** All rupee values in INR crores. Based on March 2024 numbers.

Sales
-2.52%
₹ 7,876.6
EBITDA
0.05%
₹ 778.7
Net Profit
13.92%
₹ 1,239.9
Networth
12.96%
₹ 9,835.1
Borrowings
-
₹ -
Assets
10.71%
₹ 11,554.0
Gross Margin
2.58
29.9 %
Operating Margin
0.26
9.9 %
Net Profit Margin
1.77
14.2 %
Return on Equity
0.11
12.6 %
ROCE
-3.93
15.3 %
Debt to Equity
-
0.0
Sales
Mar 2024
Net worth
Mar 2024

Locations

indian flag India (65)
State Type Address

location icon Locations on Map

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Tofler Score

Very Good
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Poor
Fair
Good
Very Good
Excellent

Risk

Severe Risk
  • No risks identified
Moderate Risk
  • No risks identified
Low Risk
  • ROCE DETERIORATING
About Tofler Score
Tofler Score measures the quality of performance and integrity of a company. It is dependent on three key factors - Sustainability, Governance, and Growth.

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Financial Highlights

** All numbers in INR crores
Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Sales 5,119.1 6,559.6 7,240.3 8,080.5 7,876.6
Operating profit 485.8 883.0 612.1 778.4 778.7
Net profit 513.0 814.5 796.4 1,088.4 1,239.9
Gross margin 31.4 31.0 27.4 27.3 29.9
Operating margin 9.5 13.5 8.4 9.6 9.9
Net margin 9.5 11.9 10.2 12.4 14.2
Networth 6,489.2 6,992.8 7,716.5 8,706.7 9,835.1
Borrowings - - - - -
Assets 7,650.1 8,690.9 9,148.8 10,436.1 11,554.0
Debt to equity 0.0 0.0 0.0 0.0 0.0
Current ratio 3.8 3.2 2.8 2.7 3.1
ROE 7.9 11.7 10.3 12.5 12.6
Days payable 90.0 105.0 67.0 76.0 83.0
WC days 208.0 190.0 116.0 119.0 152.0
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Margins

Gross margin
Operating margin
Net margin

Balance Sheet

%
** All numbers in INR crores
Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Equity Capital 12.0 11.5 11.5 11.5 11.5
Reserves 6,477.2 6,981.3 7,705.0 8,695.1 9,823.5
Borrowings + - - - - -
Long term borrowings - - - - -
Short term borrowings - - - - -
Trade payables + 862.4 1,307.9 965.2 1,222.6 1,256.7
Days payable 90.0 105.0 67.0 76.0 83.0
Other liabilities + 1,160.9 1,698.0 1,432.3 1,729.4 1,718.9
Other non-current liabilities 101.7 136.3 142.3 181.4 160.3
Other current liabilities 196.8 253.8 324.8 325.4 301.9
Total liabilities 7,650.1 8,690.9 9,148.8 10,436.1 11,554.0
Fixed Assets + 688.5 676.0 659.4 997.5 990.1
Tangible assets 510.1 484.7 576.5 786.8 808.7
CWIP 120.8 159.7 62.4 93.7 72.2
Intangible assets 57.6 31.6 20.4 116.9 109.2
LT loans and advances 2.0 4.4 1.1 0.4 0.4
Other non-current assets 2,987.5 3,038.6 4,906.4 5,253.3 5,726.0
Current assets + 3,972.1 4,971.9 3,582.1 4,184.9 4,837.5
Inventories 609.1 677.3 584.1 665.1 577.5
Trade receivables 810.1 702.9 923.1 1,169.3 1,116.6
Cash and cash equivalents 23.3 231.9 202.4 358.1 399.9
ST loans and advances 4.1 13.7 3.8 1.5 0.8
Other current assets 2,525.5 3,346.2 1,868.7 1,990.9 2,742.8
Total assets 7,650.1 8,690.9 9,148.8 10,436.1 11,554.0
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Total assets

Profit & Loss

%
** All numbers in INR crores
Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Sales + 5,119.1 6,559.6 7,240.3 8,080.5 7,876.6
Sales growth % -14.55 28.14 10.38 11.61 -2.52
Expenses + 4,728.7 5,760.0 6,726.8 7,386.4 7,229.2
Cost of goods 3,509.1 4,525.5 5,257.7 5,872.4 5,520.5
Employee cost 459.7 474.4 501.3 530.5 574.5
Other costs 664.4 676.6 869.2 899.2 1,002.8
Operating profit + 485.8 883.0 612.1 778.4 778.7
Operating margin % 9.5 13.5 8.4 9.6 9.9
Other income 270.4 270.2 529.4 706.5 878.6
Interest 9.1 6.6 5.3 5.1 6.2
Depreciation 86.3 76.8 93.3 79.2 125.2
Exceptional items - - - - -
Profit before tax 660.7 1,069.7 1,042.9 1,400.6 1,526.0
Tax 147.7 255.2 246.5 312.2 286.1
Profit - disc. ops - - - - -
Net profit 513.0 814.5 796.4 1,088.4 1,239.9
Net margin % 9.5 11.9 10.2 12.4 14.2
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Revenue from operations

Ratios

Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Solvency +
Total Debt/Equity 0.0 0.0 0.0 0.0 0.0
Net Debt/Equity 0.0 0.0 0.0 0.0 0.0
Total Debt/Assets 0.0 0.0 0.0 0.0 0.0
Total Assets/Equity 1.2 1.2 1.2 1.2 1.2
Liquidity +
Current Ratio 3.8 3.2 2.8 2.7 3.1
Quick Ratio 3.2 2.8 2.3 2.3 2.7
Interest Coverage 53.1 133.3 116.0 152.2 126.0
Performance
Gross Margin 31.4 31.0 27.4 27.3 29.9
Operating Margin 9.5 13.5 8.4 9.6 9.9
Net Margin 9.5 11.9 10.2 12.4 14.2
Return +
Return on Equity 7.9 11.7 10.3 12.5 12.6
Pre-tax ROCE 11.1 19.7 17.6 19.2 15.3
Return on Assets 6.7 9.4 8.7 10.4 10.7
Pre-tax ROIC 6.2 11.5 6.7 8.0 6.7
Efficiency +
Days Payable 90.0 105.0 67.0 76.0 83.0
Days Inventory 63.0 55.0 41.0 41.0 38.0
Days Receivable 58.0 39.0 47.0 53.0 52.0
Fixed Asset Turnover 7.4 9.7 11.0 8.1 8.0
Total Asset Turnover 0.7 0.8 0.8 0.8 0.7
Working Capital
Cash Conversion Cycle 31.0 -11.0 21.0 18.0 7.0
Working Capital Days 208.0 190.0 116.0 119.0 152.0
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Ratios

Current ratio
Debt/equity ratio

Charges on assets

As per information available, the company has no registered charges.

People

Designation Name DIN/PAN Tenure
Director Sankar Datta 00025380 10 years
Managing Director Mallika Srinivasan
Shareholder
00037022 30 years
Director Sampath Bahukudumbi Pillapakkam 00037043 11 years
Whole-time Director Sitaraman Chandramohan 00174141 5 years
CS Comandur Parthasarathy Sounderarajan <HIDDEN> 8 years
Whole-time Director Sandeep Sinha 02400175 5 years
Director Krishna Srinivasan 02629544 3 years
Director Venu Lakshmi
Shareholder
02702020 2 years
CFO Devi Parameswar Reddy <HIDDEN> 2 years
Director Robert Berkley Crain 10045985 2 years

Company Network

Companies connected through Directors

Name Status Paid up Capital Common Directors Address
THE UNITED NILGIRI TEA ESTATES COMPANY LIMITED
Active
5.0 Cr 3 Tamil Nadu
TAFE MOTORS AND TRACTORS LIMITED
Active
10.0 Cr 8 Tamil Nadu
TAFE ACCESS LIMITED
Active
4.1 Cr 3 Tamil Nadu
CHENNAI WILLINGDON CORPORATE FOUNDATION
Active
19,250.0 1 Tamil Nadu
TRUST PROPERTIES DEVELOPMENT CO PRIVATE LIMITED
Active
4.2 L 1 Tamil Nadu
SOUTHERN TREE FARMS LIMITED
Active
1.9 Cr 2 Tamil Nadu
TAFE PROPERTIES LIMITED
Active
1.0 Cr 2 Tamil Nadu
SIVASAILAM CHAMRAJ EDUCATION FOUNDATION
Active
5.0 L 2 Tamil Nadu
SIVASAILAM CHAMRAJ HOSPITAL FOUNDATION
Active
5.0 L 2 Tamil Nadu
TAFE FOUNDATION
Active
5.0 L 3 Tamil Nadu
AMALGAMATIONS PRIVATE LIMITED
Active
31.2 L 1 Tamil Nadu
AMALGAMATIONS VALEO CLUTCH PRIVATE LIMITED
Active
76.7 Cr 1 Tamil Nadu
AMCO PROPERTIES AND INVESTMENTS LIMITED
Amalgamated
5.0 L 1 Karnataka
ALPUMP LIMITED
Active
4.5 Cr 2 Tamil Nadu
TAL PRECISION PARTS LIMITED
Strike Off
5.0 L 1 Tamil Nadu
TAFE REACH LIMITED
Active
4.5 Cr 2 Tamil Nadu
VIDAGARA TECH PARK PRIVATE LIMITED
Active
100.0 L 1 Tamil Nadu
EQUITAS MICRO FINANCE LIMITED
Amalgamated
299.4 Cr 1 Tamil Nadu
AMCO BATTERIES LIMITED
Active
3.3 Cr 1 Tamil Nadu
NEEDLE INDUSTRIES (INDIA) PRIVATE LIMITED
Active
3.8 Cr 1 Tamil Nadu
THG PUBLISHING PRIVATE LIMITED
Active
3.7 Cr 1 Tamil Nadu
KASTURI & SONS LIMITED
Active
1.8 Cr 1 Tamil Nadu
LV TRUSTEE PRIVATE LIMITED
Active
35.5 L 1 Tamil Nadu
SUNDARAM-CLAYTON LIMITED
Active
25,000.0 1 Tamil Nadu
SUNDRAM NON-CONVENTIONAL ENERGY SYSTEMS LIMITED
Active
50.0 L 1 Tamil Nadu
HARITA INSURANCE BROKING LLP
Active
75.0 L 1 Nadu
SUNDARAM AUTO COMPONENTS LIMITED
Active
11.9 Cr 1 Tamil Nadu
SUNDARAM CLAYTON EMPLOYEES WELFARE FOUNDATION PRIVATE LIMITED
Active
0.0 1 Tamil Nadu

Subsidiary Companies

Name State / Country Incorporation Year Paidup Capital
TAFE Access Limited India - -
TAFE Motors and Tractors Limited India - -
TAFE Reach Limited India - -
Southern Tree Farms Limited India - -
Alpump Limited India - -
TAFE Properties Limited India - -
TAFE INTERNATIONALTRAKTOR VET A R I MEKIPMANISANAYI VETICARETLIMITED,SIRKETI Turkey - -
TAFE TRACTORS CHANGSHU COMPANY LIMITED China - -
TAFE ADVANCED AG SOLUTIONS LIMITED United Kingdom - -
PRECISION AG-TECH TECHNOLOGIES B.V. Netherlands - -

Registered Details

CIN

U29129TN1960PLC004337

PAN

AAACT2761Q

Incorporation

1960, 64.4 years

Company Email

sounder@tafe.com

Paid up Capital

₹ 11.5 Cr

Authorised Capital

₹ 14.0 Cr

AGM

Sep 2023

Type

Public
Non-government Company

FAQ - TRACTORS AND FARM EQUIPMENT LIMITED.

What is the incorporation date of TRACTORS AND FARM EQUIPMENT LIMITED.?

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The incorporation date of TRACTORS AND FARM EQUIPMENT LIMITED. is 28 November, 1960

What is the authorized share capital of TRACTORS AND FARM EQUIPMENT LIMITED.?

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The authorized share capital of TRACTORS AND FARM EQUIPMENT LIMITED. is INR ₹ 14.0 Cr.

What is the paid-up capital of TRACTORS AND FARM EQUIPMENT LIMITED.?

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The paid-up capital of TRACTORS AND FARM EQUIPMENT LIMITED. is INR ₹ 11.5 Cr.

What is the registered address of TRACTORS AND FARM EQUIPMENT LIMITED.?

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The registered address of TRACTORS AND FARM EQUIPMENT LIMITED. is 861 ANNA SALAI CHENNAI TAMILNADU Tamil Nadu - 600002

What is the CIN number of TRACTORS AND FARM EQUIPMENT LIMITED.?

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The CIN number of TRACTORS AND FARM EQUIPMENT LIMITED. is U29129TN1960PLC004337.

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