Avenco Hydraulic Machines Pvt Ltd
About Avenco Hydraulic Machines Pvt Ltd
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Avenco Hydraulic Machines Pvt Ltd is a private limited company based in Thane, Maharashtra, India. It operates in the automobile dealership and trading segment of the automotive sector. It was incorporated on 25 January 1993 and has been in existence for over 33 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U29119MH1993PTC070504. Its GSTIN is 27AAECA4227C1Z5 (Maharashtra).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1.82 Lakh. It is led by directors Nilam Milind Padghekar and Milind Jayaram Padghekar.
Its last annual general meeting (AGM) was held on 29 September 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office is at Plot No.J – 243 MIDC Tarapur Ind.Area Boisar (West), Thane, Maharashtra, India – 401506.
As per the financials filed for FY 2017, the company reported a revenue of ₹53.54 Lakh, a growth of 20% compared to the previous year. For the same year it recorded a net loss of ₹2.58 Lakh (net margin -4.8%) and EBITDA of -₹57,526 (EBITDA margin -1.1%). Revenue has declined at a compounded annual rate (CAGR) of 9% over three years.
As per MCA filings, the company has satisfied charges of ₹35 Lakh on record. Court records list 1 case involving the company, including 1 filed by the company.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
Contact details
Avenco Hydraulic Machines Pvt Ltd's registered office is in Thane, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressPlot No.J – 243 MIDC Tarapur Ind.Area Boisar (West), Thane, Maharashtra, India – 401506
- IndustryAutomotive, Auto Dealership & Trading
To see the full contact details of Avenco Hydraulic Machines Pvt Ltd, 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 Avenco Hydraulic Machines is support service to organizations. In detail, this covers other support services to organizations.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Support service to Organizations | N7 | Other support services to organizations |
To see the full business activity and turnover split of Avenco Hydraulic Machines Pvt Ltd, buy the company report.
Financials of Avenco Hydraulic Machines Pvt Ltd
FY 2017 filings availableAvenco Hydraulic Machines Pvt Ltd reported revenue of ₹53.54 Lakh (up 20% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue rose 20% in the latest year, though over three years it has declined at a compounded annual rate (CAGR) of 9%. EBITDA rose 96% in the latest year. 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 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | |||
| Other Income | |||
| Total Revenue | ₹53.54 Lakh | ||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | -₹57,526 | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹2.58 Lakh | ||
| 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 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | -1.1% | ||
| Net Profit Margin | -4.8% | ||
| 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 Avenco Hydraulic Machines Pvt Ltd, buy the company report.
Board of directors of Avenco Hydraulic Machines Pvt Ltd
Avenco Hydraulic Machines has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nilam Milind Padghekar | Director | 15 Jun 2010 | 16 Years 4 Months | Current |
| Milind Jayaram Padghekar Also directs: Milsun Enterprises Private Limited. | Director | 29 Aug 2000 | 26 Years 2 Months | Current |
Auditor
Avenco Hydraulic Machines Pvt Ltd is audited by DEEPAL RANA & CO for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| DEEPAL RANA & CO | FY 2017 | 124681W |
Shareholding
The shareholding of Avenco Hydraulic Machines Pvt Ltd is on record for 3 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Avenco Hydraulic Machines Pvt Ltd, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 04 Nov 2010 | 10253686 | Bassein Catholic Co-Operative Bank Limited | ₹20 Lakh | Satisfied | |
| 29 Sep 2001 | 90187892 | Vasai Janta Shekari Bank Limited | ₹15 Lakh | Satisfied |
To see the full charge records of Avenco Hydraulic Machines Pvt Ltd, buy the company report.
Total charge records: 2 View all charges
Legal cases
Avenco Hydraulic Machines Pvt Ltd has 1 court case on record: 1 filed by Avenco Hydraulic Machines. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Maharashtra Industrial and Lab, Maharashtra | Court case (Appln.-WCA-H) | Filed by the company against an individual | Disposed |
To see the full case history of Avenco Hydraulic Machines Pvt Ltd, 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 Avenco Hydraulic Machines Pvt Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Avenco Hydraulic Machines has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAECA4227C1Z5 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Avenco Hydraulic Machines Pvt Ltd, buy the company report.
Recent activity
Avenco Hydraulic Machines Pvt Ltd has 3 board changes on record since 2000: 2 appointments and 1 cessation. The latest: Nilam Milind Padghekar was appointed as Director on 15 Jun 2010.
Frequently asked questions
Avenco Hydraulic Machines is an active private limited company based in Thane, Maharashtra, India. The company works in auto dealership and trading, within the automotive industry. It was incorporated on 25 January 1993 (33+ years old) and is registered under CIN U29119MH1993PTC070504.
Avenco Hydraulic Machines has 2 current directors:
- Nilam Milind Padghekar - Director
- Milind Jayaram Padghekar - Director
The latest financial statements of Avenco Hydraulic Machines on record with the MCA are for the year ended 31 March 2017. Its last annual general meeting was held on 29 September 2017. Year-wise statements from 2015 are in the company report.
The GSTIN of Avenco Hydraulic Machines is 27AAECA4227C1Z5, registered in Maharashtra.
The CIN (Corporate Identification Number) of Avenco Hydraulic Machines is U29119MH1993PTC070504. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Avenco Hydraulic Machines has 1 court case on record: 1 filed by the company.
Avenco Hydraulic Machines was incorporated on 25 January 1993, making it 33+ years old. It is registered with the Registrar of Companies, Mumbai.
Nilam Milind Padghekar was appointed as Director on 15 Jun 2010. Sanjay Jayaram Padghekar ceased to be Director on 15 Jun 2010. Milind Jayaram Padghekar was appointed as Director on 29 Aug 2000.
The registered office of Avenco Hydraulic Machines is at Plot No.J – 243 MIDC Tarapur Ind.Area Boisar West, Thane, Maharashtra, India – 401506.
Avenco Hydraulic Machines operates in the automotive industry, in the auto dealership and trading segment.
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