About Valeo India Private Limited
Data last updated:
Valeo India Private Limited was a private limited company based in Chennai, Tamil Nadu, India, operated as a subsidiary of Valeo Bayen. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the auto parts and components segment of the automotive sector. It was incorporated on 29 December 2005.
The company was registered with the Registrar of Companies (ROC), Chennai, under CIN U29130TN2005PTC081914. Its GSTIN is 33AACCV1939N1Z1 (Tamil Nadu). The company held 5 GST registrations, of which 3 are active.
The company had an authorised share capital of ₹573.5 Cr and a paid-up capital of ₹573.02 Cr. It was formerly known as Valeo Engineering Center (India) Private Limited. It was led by directors including Ashok Kumar Belani (Managing Director) and Xavier Raymond Andre Dupont.
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 was at Block A Tecci Park, Chennai, Tamil Nadu.
As per the financials filed for FY 2016, the company reported a revenue of ₹578.87 Cr, a growth of 39% compared to the previous year. For the same year it recorded a net profit of ₹25.1 Cr (net margin 4.3%) and EBITDA of ₹20.54 Cr (EBITDA margin 3.5%).
The company had about 716 employees on its provident fund (EPFO) records before it was dissolved.
The last known website on record is valeo.com.
Company details
CIN history
Valeo India has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U29130TN2005PTC081914, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U29130TN2005PTC081914 | Current |
| U73100DL2005PTC144184 | Previous |
| U29130DL2005PTC144184 | Previous |
Contact details
Valeo India Private Limited's registered office is in Chennai, Tamil Nadu. Its website is valeo.com. Its e-mail address is in the company report.
- Email
- Website
- Social Media
- Registered AddressBlock A Tecci Park No. 285 Rajiv Gandhi Salai (Omr Road) Sholingan, Allur, Chennai, Tamil Nadu, India – 600119
- IndustryAutomotive, Auto Parts & Components
To see the full contact details of Valeo 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
Financials of Valeo India Private Limited
FY 2016 filings availableValeo India Private Limited reported revenue of ₹578.87 Cr (up 39% YoY) for FY 2016.
Compounded Annual Growth Rate (CAGR)
Revenue rose 39% in the latest year. EBITDA rose 903% 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 | ₹578.87 Cr | |
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | ₹20.54 Cr | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | ₹25.1 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 | 3.5% | |
| Net Profit Margin | 4.3% | |
| 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 Valeo India Private Limited, buy the company report.
Board of directors of Valeo India Private Limited
Valeo 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 |
|---|---|---|---|---|
| Sanjay Sethi | Additional Director | 24 Aug 2016 | 10 Years 2 Months | As last reported |
| Xavier Raymond Andre Dupont Also directs: Amalgamations Valeo Clutch Private Limited | Director | 27 Aug 2015 | 11 Years 2 Months | As last reported |
| Ashok Kumar Belani | Managing Director | 12 Nov 2013 | 12 Years 11 Months | As last reported |
Auditor
Valeo India Private Limited is audited by S R BATLIBOI & ASSOCIATES LLP for the financial year 2016.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S R BATLIBOI & ASSOCIATES LLP | FY 2016 | 101049W |
Shareholding
The shareholding of Valeo India Private 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 Valeo India Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Valeo India Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Valeo India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Valeo India Private Limited has a workforce of 716 employees on its EPFO records as of Mar 31, 2024, across 1 active EPFO establishment.
GST
Valeo India has 5 GST registrations: 3 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AACCV1939N1Z1 | Tamil Nadu | Active | 01 Jul 2017 |
| 06AACCV1939N1ZY | Haryana | Active | 01 Jul 2017 |
| 27AACCV1939N1ZU | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Valeo India Private Limited, buy the company report.
Recent activity
Valeo India Private Limited has 20 board changes on record since 2006: 3 appointments and 17 cessations. The latest: Visarankkottai Berchmans Dominicsavio ceased to be Director on 07 Sep 2016.
11 earlier events are in the company report.
News
Frequently asked questions
Valeo India has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Valeo India was a private limited company based in Chennai, Tamil Nadu, India. The company worked in auto parts and components, within the automotive industry. It was incorporated on 29 December 2005 and is registered under CIN U29130TN2005PTC081914. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Valeo India was incorporated on 29 December 2005. It is registered with the Registrar of Companies, Chennai.
Valeo India had 3 directors:
- Ashok Kumar Belani - Managing Director
- Sanjay Sethi - Additional Director
- Xavier Raymond Andre Dupont - Director
The CIN (Corporate Identification Number) of Valeo India is U29130TN2005PTC081914. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Valeo India is at Block A Tecci Park No. 285 Rajiv Gandhi Salai Omr Road Sholingan, Allur, Chennai, Tamil Nadu, India – 600119.
Valeo India can be reached through the website valeo.com. Its registered office is in Chennai, Tamil Nadu, India.
The latest financial statements of Valeo 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.
The GSTIN of Valeo India is 33AACCV1939N1Z1, registered in Tamil Nadu. The company has 5 GST registrations in all, of which 3 are active and 2 are cancelled or inactive. Other active GSTINs include 06AACCV1939N1ZY (Haryana), 27AACCV1939N1ZU (Maharashtra).
Valeo India operated in the automotive industry, in the auto parts and components segment.
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