About Banga Tool Engineers Private Limited
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Banga Tool Engineers Private Limited was a private limited company based in New Delhi, Delhi, India, operated as a subsidiary of Victora Tool Engineers 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 auto parts and components segment of the automotive sector. It was incorporated on 20 October 2009.
The company was registered with the Registrar of Companies (ROC), Delhi, under CIN U34100DL2009PTC195333.
The company had an authorised share capital of ₹8 Cr and a paid-up capital of ₹6.35 Cr. It was led by directors Hardeep Singh Banga and Satinder Singh Banga.
Its last annual general meeting (AGM) was held on 29 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office was at C – 124 – B Greater Kailash Part – 1, New Delhi, Delhi, India – 110048.
As per the financials filed for FY 2018, the company reported a revenue of ₹18 Lakh, a growth of 20% compared to the previous year. For the same year it recorded a net loss of ₹3.61 Lakh (net margin -20.1%) and EBITDA of ₹13.38 Lakh (EBITDA margin 74.3%). Revenue has grown at a compounded annual rate (CAGR) of 26% over three years.
The last known website on record is victoratool.com.
Company details
Contact details
Banga Tool Engineers Private Limited's registered office is in New Delhi, Delhi. Its website is victoratool.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressC – 124 – B Greater Kailash Part – 1, New Delhi, Delhi, India – 110048
- IndustryAutomotive, Auto Parts & Components
To see the full contact details of Banga Tool Engineers 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 Banga Tool Engineers Private Limited
FY 2018 filings availableBanga Tool Engineers Private Limited reported revenue of ₹18 Lakh (up 20% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 26% over three years, including 20% growth in the latest year. EBITDA fell 3% 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ||||
| Other Income | ||||
| Total Revenue | ₹18 Lakh | |||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | ₹13.38 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹3.61 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 74.3% | |||
| Net Profit Margin | -20.1% | |||
| 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 Banga Tool Engineers Private Limited, buy the company report.
Board of directors and KMP of Banga Tool Engineers Private Limited
Banga Tool Engineers Private Limited currently reports 2 directors and 1 key managerial person. 1 former director has served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Amit Kumar Mangla Also directs: Silvertoan Papers Limited | Company Secretary | 01 May 2017 | 9 Years 5 Months | As last reported |
| Hardeep Singh Banga Also directs: Victora Continental Private Limited, Victora Components Private Limited, Advantech India Pvt Ltd and 5 more | Director | 20 Oct 2009 | 17 Years 0 Months | As last reported |
| Satinder Singh Banga Also directs: Victora Continental Private Limited, Victora Components Private Limited, Advantech India Pvt Ltd and 5 more | Director | 20 Oct 2009 | 17 Years 0 Months | As last reported |
Peer comparison
Banga Tool Engineers Private Limited is compared with the 10 companies closest to it by revenue in the Automobiles industry (Auto Ancillary), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Timetech Accessories Private Limited | ₹18.34 Lakh (FY 2025) | 27.0% | Faridabad, Haryana, India | |||
| Giromy Samoni Products Private Limited | ₹18.08 Lakh (FY 2025) | 37.0% | New Delhi, Delhi, India | |||
| Unimeck Tyre Serviceequipment Private Limited | ₹18.08 Lakh (FY 2022) | -37.0% | New Delhi, Delhi, India | |||
| B.J. Accessories Private Limited | ₹18.06 Lakh (FY 2025) | 5.0% | New Delhi, Delhi, India | |||
| Banga Tool Engineers Private Limitedthis company | ₹18 Lakh (FY 2018) | -₹3.61 Lakh | -20.1% | 20.0% | New Delhi, Delhi, India | |
| VCCL Limited | ₹18 Lakh (FY 2017) | -40.0% | Kanpur, Uttar Pradesh, India | |||
| Kirti Auto Components Private Limited | ₹18 Lakh (FY 2025) | Beleghata, West Bengal, India | ||||
| Toyo Automotive Components Private Limited | ₹18 Lakh (FY 2025) | Delhi, India | ||||
| Jaysons Gears Private Limited | ₹17.98 Lakh (FY 2025) | 6.0% | Delhi, India | |||
| Stant Engineering Private Limited | ₹17.92 Lakh (FY 2025) | -6.0% | Mumbai, Maharashtra, India | |||
| A1 Royalreefers Private Limited | ₹17.9 Lakh (FY 2023) | Pune, Maharashtra, India |
To see the full peer comparison of Banga Tool Engineers Private Limited, buy the company report.
Auditor
Banga Tool Engineers Private Limited is audited by KUMAR SANJAY & ASSOCIATES for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| KUMAR SANJAY & ASSOCIATES | FY 2018 | 008156N |
Shareholding
The shareholding of Banga Tool Engineers Private Limited is on record for 3 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Banga Tool Engineers Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Banga Tool Engineers 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 Banga Tool Engineers Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Banga Tool Engineers Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Banga Tool Engineers Private Limited has 4 board changes on record since 2009: 3 appointments and 1 cessation. The latest: Amit Kumar Mangla was appointed as Company Secretary on 01 May 2017.
Frequently asked questions
Banga Tool Engineers 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.
Banga Tool Engineers was a private limited company based in New Delhi, Delhi, India. The company worked in auto parts and components, within the automotive industry. It was incorporated on 20 October 2009 and is registered under CIN U34100DL2009PTC195333. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Banga Tool Engineers was incorporated on 20 October 2009. It is registered with the Registrar of Companies, Delhi.
Banga Tool Engineers had 3 directors and KMP:
- Hardeep Singh Banga - Director
- Satinder Singh Banga - Director
- Amit Kumar Mangla - Company Secretary
The CIN (Corporate Identification Number) of Banga Tool Engineers is U34100DL2009PTC195333. 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 Banga Tool Engineers is at C – 124 – B Greater Kailash Part – 1, New Delhi, Delhi, India – 110048.
Banga Tool Engineers can be reached through the website victoratool.com. Its registered office is in New Delhi, Delhi, India.
The latest financial statements of Banga Tool Engineers on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 29 September 2018. Year-wise statements from 2015 are in the company report.
Banga Tool Engineers operated in the automotive industry, in the auto parts and components segment.
The peers of Banga Tool Engineers by revenue are Timetech Accessories Private Limited, Giromy Samoni Products Private Limited, Unimeck Tyre Serviceequipment Private Limited, B.J. Accessories Private Limited, VCCL Limited and 5 more, all in the Automobiles industry (Auto Ancillary).
Amit Kumar Mangla was appointed as Company Secretary on 01 May 2017. Kailash Nath Gupta ceased to be Director on 08 Dec 2014. Hardeep Singh Banga was appointed as Director on 20 Oct 2009. Banga Tool Engineers has 4 board changes on record in total.