About Valmet Automation Private Limited
Data last updated:
Valmet Automation Private Limited was a private limited company based in Chennai, Tamil Nadu, India, operated as a subsidiary of Valmet Technologies Private Limited. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the electronic components and equipment manufacturing segment of the technology and IT services sector. It was incorporated on 05 October 1999.
The company was registered with the Registrar of Companies (ROC), Chennai, under CIN U74210TN1999PTC126480. Its GSTIN is 27AABCM8258N1ZU (Maharashtra). The company held 2 GST registrations, of which 1 is active.
The company had an authorised share capital of ₹2 Cr and a paid-up capital of ₹1 Cr. It was formerly known as Metso Automation India Private Limited. It was led by directors including Sitaraman Karna (Whole-Time Director) and Silvana Franzoni Ereno.
Its last annual general meeting (AGM) was held on 16 August 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office was at Central Square I 4th Floor Cipet Road Thiru VI – Ka Industrial Estate Guindy, Chennai, Tamil Nadu, India – 600032.
As per the financials filed for FY 2019, the company reported a revenue of ₹25.34 Cr, a growth of 5% compared to the previous year. For the same year it recorded a net profit of ₹1.88 Cr (net margin 7.4%) and EBITDA of ₹1.62 Cr (EBITDA margin 6.4%).
The company had about 65 employees on its provident fund (EPFO) records before it was dissolved.
The last known website on record is valmet.com.
Company details
CIN history
Valmet Automation has one previous CIN (Corporate Identification Number): U74210MH1999PTC122061. The current CIN is U74210TN1999PTC126480, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74210TN1999PTC126480 | Current |
| U74210MH1999PTC122061 | Previous |
Contact details
Valmet Automation Private Limited's registered office is in Chennai, Tamil Nadu. Its website is valmet.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressCentral Square I 4th Floor Cipet Road Thiru VI – Ka Industrial Estate Guindy, Chennai, Tamil Nadu, India – 600032
- IndustryInformation Technology, Electronic Components & Equipment Manufacturing
To see the full contact details of Valmet Automation 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
Business activity
The main business activity of Valmet Automation is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities |
To see the full business activity and turnover split of Valmet Automation Private Limited, buy the company report.
Financials of Valmet Automation Private Limited
FY 2019 filings availableValmet Automation Private Limited reported revenue of ₹25.34 Cr (up 5% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue rose 5% in the latest year. EBITDA rose 225% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹25.34 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹1.62 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.88 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 6.4% | ||||
| Net Profit Margin | 7.4% | ||||
| 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 Valmet Automation Private Limited, buy the company report.
Board of directors of Valmet Automation Private Limited
Valmet Automation has 4 current directors and 12 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Silvana Franzoni Ereno | Director | 20 Nov 2017 | 8 Years 11 Months | As last reported |
| Jukka Heikki Tiitinen | Director | 20 Nov 2017 | 8 Years 11 Months | As last reported |
| Pravin Premdutt Tripathi | Director | 24 Dec 2014 | 11 Years 10 Months | As last reported |
| Sitaraman Karna | Whole-Time Director | 06 May 2013 | 13 Years 6 Months | As last reported |
Auditor
Valmet Automation Private Limited is audited by Price Waterhouse Chartered Accountants LLP for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Price Waterhouse Chartered Accountants LLP | FY 2019 | 012754N/N500016 |
Shareholding
The shareholding of Valmet Automation Private Limited is on record for 3 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Valmet Automation Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Valmet Automation 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 Valmet Automation Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Valmet Automation Private Limited has a workforce of 65 employees on its EPFO records as of Apr 09, 2024, across 1 active EPFO establishment.
GST
Valmet Automation has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCM8258N1ZU | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Valmet Automation Private Limited, buy the company report.
Recent activity
Valmet Automation Private Limited has 16 board changes on record since 2009: 4 appointments and 12 cessations. The latest: Sitaraman Karna ceased to be Whole-Time Director on 31 Mar 2019.
7 earlier events are in the company report.
News
Frequently asked questions
Valmet Automation 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.
Valmet Automation was a private limited company based in Chennai, Tamil Nadu, India. The company worked in electronic components and equipment manufacturing, within the information technology industry. It was incorporated on 05 October 1999 and is registered under CIN U74210TN1999PTC126480. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Valmet Automation was incorporated on 05 October 1999. It is registered with the Registrar of Companies, Chennai.
Valmet Automation had 4 directors:
- Sitaraman Karna - Whole-Time Director
- Silvana Franzoni Ereno - Director
- Jukka Heikki Tiitinen - Director
- Pravin Premdutt Tripathi - Director
The CIN (Corporate Identification Number) of Valmet Automation is U74210TN1999PTC126480. 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 Valmet Automation is at Central Square I 4th Floor Cipet Road Thiru VI – Ka Industrial Estate Guindy, Chennai, Tamil Nadu, India – 600032.
Valmet Automation can be reached through the website valmet.com. Its registered office is in Chennai, Tamil Nadu, India.
The latest financial statements of Valmet Automation on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 16 August 2019. Year-wise statements from 2015 are in the company report.
The GSTIN of Valmet Automation is 27AABCM8258N1ZU, registered in Maharashtra. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
Valmet Automation operated in the information technology industry, in the electronic components and equipment manufacturing segment.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
