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Tafe Motors And Tractors Limited (India)

Main Activities: Agriculture, Construction, and Mining Machinery Manufacturing
Full name: Tafe Motors And Tractors Limited Profile Updated: November 22, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2024 Available in: English Download a sample report

Tafe Motors & Tractors Ltd. is an Indian tractor major located in Chennai. It was incorporated in 1960 and has an annual turnover of INR 10,000 crores. Tafe is the third-largest tractor manufacturer in the world and the second largest in India by volumes. The company sells over 180,000 tractors annually, both domestically and internationally. Tafe has a partnership with AGCO Corporation and the Massey Ferguson brand for over 63 years. It is also a significant shareholder in AGCO Corporation, a US $11.1 billion tractor and agricultural equipment manufacturer. Tafe's main products are tractors, farm-machinery, diesel engines and gensets, agro-industrial engines, engineering plastics, gears and transmission components, hydraulic pumps and cylinders, vehicle franchises, and plantations. The company has a strong distribution network of over 1600+ dealers and exports tractors to over 100 countries. Tafe is known for its high-quality products and has earned the trust of customers. It is committed to sound corporate governance and corporate social responsibility. Tafe's R&D facilities are renowned for their innovative design and engineering expertise. The company has received numerous awards for its manufacturing excellence and commitment to quality. Tafe's tractor plants are certified under ISO 9001 and ISO 14001. Tafe is a part of The Amalgamations Group, one of India's largest light engineering groups.

Headquarters
No.35 Nungambakkam High Road Nungambakkam Chennai Chennai In-Tn In 600034
Chennai; Tamil Nadu; Postal Code: 600034

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Basic Information
Total Employees:
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Outstanding Shares:
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Registered Capital:
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Financial Auditors:
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Incorporation Date:
February 24, 2005
Key Executives
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Professional Director
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Professional Director
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Professional Director
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Professional Director
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Professional Director
Ownership Details
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100%
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79.29%
Subsidiaries
Vidagara Tech Park Private Limited
100%
Tafe Foundation
20%
Company Performance
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Key Financial Highlights
Annual growth percentages for latest two years in local currency INR. Absolute financial data is included in the purchased report.
Net sales revenue
0.89%
Total operating revenue
3.25%
Operating profit (EBIT)
33.88%
EBITDA
31.9%
Net Profit (Loss) for the Period
38.5%
Total assets
11.31%
Total equity
14.44%
Operating Profit Margin (ROS)
4.6%
Net Profit Margin
4.14%
Return on Equity (ROE)
2.41%
Quick Ratio
0.53%
Cash Ratio
0.1%

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