Avk Valves India Private Limited

Avk Valves India Private Limited - machinery and equipment in Malur, Karnataka, India. FY 2026 financials & compliance.
CIN U29268KA2009PTC067581 Incorporated 16 March 2009 ROC Bangalore HQ Malur, Karnataka, India
Active Private Limited Company machinery and equipment MSME · Medium
Data last updated
Revenue · FY 2024
₹126.76 Cr
▲ 30% YoY
Net loss · FY 2024
₹10.1 Cr
Net margin -8%
EBITDA · FY 2024
-₹5.04 Cr
EBITDA margin -4%
Authorised capital
₹65 Cr
Registered with MCA
Paid-up capital
₹63.78 Cr
Issued & subscribed
Open charges
₹9 Cr
Satisfied ₹1 Cr
Company age
17 yrs
Est. 2009
Employees · EPFO
63
Provident fund records

About Avk Valves India Private Limited

Data last updated:

Avk Valves India Private Limited is a private limited company based in Malur, Karnataka, India, a subsidiary of Avk Holdings A/S, Denmark.. It operates in the industrial control valves and systems segment of the machinery and industrial equipment sector. It was incorporated on 16 March 2009 and has been in existence for over 17 years.

The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U29268KA2009PTC067581. Its GSTIN is 29AAHCA6142M1ZB (Karnataka). The company holds 2 GST registrations, of which 1 is active.

The company has an authorised share capital of ₹65 Cr and a paid-up capital of ₹63.78 Cr. It is led by directors including Deepak Baliga (Managing Director) and Suresh Menon.

Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Malur, Karnataka.

As per the financials filed for FY 2024, the company reported a revenue of ₹126.76 Cr, a growth of 30% compared to the previous year. For the same year it recorded a net loss of ₹10.1 Cr (net margin -8%) and EBITDA of -₹5.04 Cr (EBITDA margin -4%). Revenue has grown at a compounded annual rate (CAGR) of 39% over three years and 41% over five years.

The company has about 63 employees on its provident fund (EPFO) records.

As per MCA filings, the company has open charges of ₹9 Cr and satisfied charges of ₹1 Cr on record. Court records list 8 cases involving the company, including 4 filed by the company and 4 filed against it; 1 case is pending. The company has 4 deals on record (4 rights issues); the latest was in September 2019. The company has 11 MSME Form 1 returns on record between 2022 and 2023, listing 2,749 overdue payments to 26 micro and small suppliers.

Avk Valves India Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-19-0007172). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website avkindia.com.

Company details

CIN U29268KA2009PTC067581
Registration Number 067581
Incorporation Date 16 March 2009
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Parent Company Avk Holdings A/S, Denmark.
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-KR-19-0007172

CIN history

Avk Valves India has one previous CIN (Corporate Identification Number): U29268AP2009PTC063050. The current CIN is U29268KA2009PTC067581, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U29268KA2009PTC067581Current
U29268AP2009PTC063050Previous
Key People
Deepak Baliga Managing Director Suresh Menon Director Soren Kjaer Director

Recognitions & Rankings of Avk Valves India

MSME (Udyam registered) Ministry of MSME
Category
Medium (2023-24)
Udyam number
UDYAM-KR-19-0007172

Contact details

Avk Valves India Private Limited's registered office is in Malur, Karnataka. Its website is avkindia.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    avkindia.com
  • Registered Address
    112 Nosigere Village KIADB Industrial Area, 3rd Phase, Malur, Karnataka, India – 563130
  • Industry
    Machinery and Equipment, Industrial Control Valves & Systems

To see the full contact details of Avk Valves India Private Limited, buy the company report.

Comprehensive company report
Avk Valves India Private Limited - one report that includes everything
  • 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included

Business activity

The main business activity of Avk Valves India is manufacturing. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC8Plastic products, non-metallic mineral products, rubber products, fabricated metal products

To see the full business activity and turnover split of Avk Valves India Private Limited, buy the company report.

Financials of Avk Valves India Private Limited

FY 2024 filings available

Avk Valves India Private Limited reported revenue of ₹126.76 Cr (up 30% YoY) for FY 2024.

Revenue · FY 2024
₹126.76 Cr ▲ 30%
Net loss · FY 2024
₹10.1 Cr margin -8%
EBITDA · FY 2024
-₹5.04 Cr margin -4%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 30%
3 years · compounded
▲ 39%
5 years · compounded
▲ 41%
EBITDA CAGR growth
1 year
▲ 56%
3 years · compounded
▼ 5%
5 years · compounded
▼ 5%

Revenue has grown at a compounded annual rate (CAGR) of 41% over five years, including 30% growth in the latest year. EBITDA rose 56% 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA-₹5.04 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹10.1 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin-4%
Net Profit Margin-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 Avk Valves India Private Limited, buy the company report.

Board of directors of Avk Valves India Private Limited

Avk Valves India has 6 current directors and 13 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Suresh Menon
Also directs: Designteq India Support LLP, Damper Technology India Private Limited, Leapinc Engineering & Business Solutions Private Limited and 4 more
Director02 May 201214 Years 6 MonthsCurrent
Soren KjaerDirector20 Feb 20206 Years 8 MonthsCurrent
Ole Hedegaard
Also directs: Acmo Water Technology India Private Limited
Director16 Aug 20224 Years 2 MonthsCurrent
Deepak Baliga
Also directs: Acmo Water Technology India Private Limited
Managing Director20 Aug 20188 Years 2 MonthsCurrent
Niels Aage KjaerDirector11 Nov 201312 Years 11 MonthsCurrent
Lars Kudsk
Also directs: Acmo Water Technology India Private Limited
Director30 Sep 201313 Years 1 MonthsCurrent
View all directors

Auditor

Avk Valves India Private Limited is audited by Vishnu Daya & Co LLP for the financial year 2023.

Auditor firmFinancial yearFirm registration number
Vishnu Daya & Co LLPFY 2023008456S/S200092

Shareholding

The shareholding of Avk Valves India Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2023FY 2022FY 2021FY 2020FY 2017
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Avk Valves India Private Limited, buy the company report.

Charges & borrowings

Open charges
₹9 Cr
Satisfied charges
₹1 Cr
Breakdown by lending institutions
Others₹9.00 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
22 Mar 2016100019091Others₹9 CrOpen
11 Aug 201410515415The Hongkong and Shanghai Banking Corporation Limited₹1 CrSatisfied

To see the full charge records of Avk Valves India Private Limited, buy the company report.

Total charge records: 2 View all charges

Deals & funding

Avk Valves India Private Limited has 4 deals on record (4 rights issues); the latest was in September 2019.

Total deals
4
Rights issues
4

Deals on record (4 of 4)

WhenDealAmountParties
Sep 2019Rights issue₹9.88 CrInvestors: AVK Holding A/S
Jan 2018Rights issue₹9.94 CrInvestors: AVK Holding A/S
Sep 2016Rights issue₹9.85 CrInvestors: AVK Holding A/S
Jul 2014Rights issue₹9.16 CrInvestors: AVK Holding A/S

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

MSME payment delays

Avk Valves India Private Limited has 11 MSME Form 1 returns on record between 2022 and 2023, listing 2,749 overdue payments to 26 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.

Suppliers with reported dues (5 of 26)

SupplierAmount dueDue sinceReported on
an individual supplier
an individual supplier
an individual supplier
S.M Forgings & Engineering
Arul Polymers Private Limited

To see the full MSME payment records of Avk Valves India Private Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

Employees & EPFO

Avk Valves India Private Limited has a workforce of 63 employees on its EPFO records as of Apr 05, 2024, across 1 active EPFO establishment.

Employee count
63
Active EPFO establishments
1
Employee growth
8.62%

GST

Avk Valves India has 2 GST registrations: 1 active and 1 cancelled or inactive.

Total GSTINs
2
Active
1
Cancelled / inactive
1
GSTINStateStatusRegistered on
29AAHCA6142M1ZBKarnatakaActive01 Jul 2017

To see the full GST registrations and return filing status of Avk Valves India Private Limited, buy the company report.

Recent activity

Avk Valves India Private Limited has 19 board changes on record since 2010: 6 appointments and 13 cessations. The latest: Ranganath Nuggehalli Krishna ceased to be Director on 13 Jun 2023.

AGM
Avk Valves India Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Avk Valves India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
Ceased
Ranganath Nuggehalli Krishna ceased to be Director.
Ceased
Ole Hedegaard ceased to be Additional Director.
Appointed
Ole Hedegaard was appointed as Director.
Ceased
Gajendra Narayanappa ceased to be Company Secretary.
Ceased
Soren Kjaer ceased to be Additional Director.
Ceased
Gert Borrits Christensen ceased to be Director.
Appointed
Soren Kjaer was appointed as Director.
Ceased
Andreas Helmut Geisinger ceased to be Managing Director.
Ceased
Deepak Baliga ceased to be Additional Director.
Appointed
Deepak Baliga was appointed as Managing Director.

14 earlier events are in the company report.

Frequently asked questions

Avk Valves India is an active private limited company based in Malur, Karnataka, India. The company works in industrial control valves and systems, within the machinery and equipment industry. It was incorporated on 16 March 2009 (17+ years old) and is registered under CIN U29268KA2009PTC067581.

Avk Valves India has 6 current directors:

The latest financial statements of Avk Valves India on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.

The GSTIN of Avk Valves India is 29AAHCA6142M1ZB, registered in Karnataka. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.

The CIN (Corporate Identification Number) of Avk Valves India is U29268KA2009PTC067581. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Avk Valves India has 8 court cases on record: 4 filed by the company and 4 filed against it. 1 is pending. Most are in the district courts.

Avk Valves India was incorporated on 16 March 2009, making it 17+ years old. It is registered with the Registrar of Companies, Bangalore.

Avk Valves India has 4 deals on record (4 rights issues); the latest was in September 2019.

Ranganath Nuggehalli Krishna ceased to be Director on 13 Jun 2023. Ole Hedegaard ceased to be Additional Director on 27 Sep 2022. Ole Hedegaard was appointed as Director on 16 Aug 2022. Avk Valves India has 19 board changes on record in total.

Yes, Avk Valves India is registered as a medium enterprise under Udyam registration (number: UDYAM-KR-19-0007172).

Avk Valves India has 11 MSME Form 1 returns on record between 2022 and 2023, listing 2,749 overdue payments to 26 micro and small suppliers. The latest return was filed on 28 Dec 2023.