About Advics North India Private Limited
Data last updated:
Advics North India Private Limited was a foreign private limited company based in Bengaluru, Karnataka, India, operated as a subsidiary of Advics Co. Ltd, Japan. 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 23 August 2012.
The company was registered with the Registrar of Companies (ROC), Bangalore, under CIN U34100KA2012FTC139787. The company has 2 GST registrations on record, none of which is active.
The company had an authorised share capital of ₹104 Cr and a paid-up capital of ₹104 Cr. It was led by directors including Osamu Saito (Managing Director) and Mitsuru Inoue.
Its last annual general meeting (AGM) was held on 30 August 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office was at Bengaluru, Karnataka.
As per the financials filed for FY 2021, the company reported a revenue of ₹102.33 Cr, a decline of 22% compared to the previous year. For the same year it recorded a net loss of ₹17.15 Cr (net margin -16.8%) and EBITDA of -₹7.99 Cr (EBITDA margin -7.8%). Revenue has grown at a compounded annual rate (CAGR) of 22% over five years.
The company was associated with 2 brands: Advics Co and Advics Nind. Court records list 2 cases involving the company, including 2 filed by the company. The company has 1 deal on record (1 funding round), with disclosed funding of ₹55 Cr; the latest was in June 2014.
The last known website on record is advics.co.jp.
Company details
CIN history
Advics North India has one previous CIN (Corporate Identification Number): U34100HR2012FTC046839. The current CIN is U34100KA2012FTC139787, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U34100KA2012FTC139787 | Current |
| U34100HR2012FTC046839 | Previous |
Contact details
Advics North India Private Limited's registered office is in Bengaluru, Karnataka. Its website is advics.co.jp. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressNo 317 2nd & 3rd Floor Tejas Arcade 527/B 528/A 529/A – 9/1 1st Main Road Subramanyanagar, Ward No 9, Bengaluru, Karnataka, India – 560010
- IndustryAutomotive, Auto Parts & Components
To see the full contact details of Advics North 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
Brands
Advics North India operates two associated brands: Advics Co and Advics Nind. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufactures and supplies brake system components for the automotive aftermarket. | advics.co.jp | |
| Produces high-quality motor vehicle products. | advics-nind.co.in |
Financials of Advics North India Private Limited
FY 2021 filings availableAdvics North India Private Limited reported revenue of ₹102.33 Cr (down 22% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue fell 22% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 22%. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹102.33 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹7.99 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹17.15 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 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -7.8% | ||||
| Net Profit Margin | -16.8% | ||||
| 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 Advics North India Private Limited, buy the company report.
Board of directors of Advics North India Private Limited
Advics North India has 4 current directors and 17 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mitsuru Inoue | Director | 01 Apr 2020 | 6 Years 6 Months | As last reported |
| Satoshi Yakushiji | Director | 01 Apr 2020 | 6 Years 6 Months | As last reported |
| Osamu Saito | Managing Director | 26 Jun 2019 | 7 Years 4 Months | As last reported |
| Hiroyasu Takahara | Director | 01 Apr 2020 | 6 Years 6 Months | As last reported |
Auditor
Advics North India Private Limited is audited by Price Waterhouse Chartered Accountants LLP for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Price Waterhouse Chartered Accountants LLP | FY 2021 | 012754N/N500016 |
Shareholding
The shareholding of Advics North India Private Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Advics North India Private Limited, buy the company report.
Deals & funding
Advics North India Private Limited has 1 deal on record (1 funding round), with disclosed funding of ₹55 Cr; the latest was in June 2014.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jun 2014 | Funding round | ₹55 Cr | Investors: Advics Co Limited |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Advics North India Private Limited has 2 court cases on record: 2 filed by Advics North India. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| NCLT | 2 | 0 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLT, Bengaluru | Court case (C.P.(CAA)) | Filed by the company | Disposed |
| NCLT, Bengaluru | Court case (C.A.(CAA)) | Filed by the company | Disposed |
To see the full case history of Advics North India Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Advics North India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Advics North India has 1 joint venture. This group structure data is as of FY 2021. The table lists each entity with its relationship and holding.
GST
Advics North India has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Advics North India Private Limited, buy the company report.
Recent activity
Advics North India Private Limited has 19 board changes on record since 2014: 4 appointments and 15 cessations. The latest: Mitsuru Inoue ceased to be Additional Director on 24 Aug 2020.
10 earlier events are in the company report.
Frequently asked questions
Advics North 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.
Advics North India was a foreign private limited company based in Bengaluru, Karnataka, India. The company worked in auto parts and components, within the automotive industry. It was incorporated on 23 August 2012 and is registered under CIN U34100KA2012FTC139787. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Advics North India was incorporated on 23 August 2012. It is registered with the Registrar of Companies, Bangalore.
Advics North India had 4 directors:
- Osamu Saito - Managing Director
- Mitsuru Inoue - Director
- Satoshi Yakushiji - Director
- Hiroyasu Takahara - Director
The CIN (Corporate Identification Number) of Advics North India is U34100KA2012FTC139787. 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 Advics North India is at No 317 2nd & 3rd Floor Tejas Arcade 527B 528A 529A – 91 1st Main Road Subramanyanagar, Ward No 9, Bengaluru, Karnataka, India – 560010.
Advics North India can be reached through the website advics.co.jp. Its registered office is in Bengaluru, Karnataka, India.
The latest financial statements of Advics North India on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 30 August 2021. Year-wise statements from 2015 are in the company report.
No. Advics North India has 2 GST registrations on record and all of them are cancelled or inactive.
Advics North India operated in the automotive industry, in the auto parts and components segment.
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