About Deltronix India Limited
Data last updated:
Deltronix India Limited is a public limited company based in New Delhi, Delhi, India. The company is currently under liquidation, meaning its assets are being sold to settle outstanding debts. It may not have the legal capacity to fulfil new contracts. It operates in the auto parts and components segment of the automotive sector. It was incorporated on 26 July 1984.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U51909DL1984PLC018787. Its GSTIN is 09AAACD4681K1ZD (Uttar Pradesh). The company holds 5 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹40 Cr and a paid-up capital of ₹33.93 Cr. It was formerly known as Deltronix India Private Limited. It is led by directors including Kapil Gupta (Managing Director) and Deepali Gupta (Managing Director).
Its last annual general meeting (AGM) was held on 30 September 2016, and its latest financial statements are for the year ended 31 March 2016. The registered office is at A – 323 Sarita Vihar, New Delhi, Delhi, India – 110044.
As per the financials filed for FY 2016, the company reported a revenue of ₹60.36 Cr, a decline of 17% compared to the previous year. For the same year it recorded a net loss of ₹2.39 Cr (net margin -4%) and EBITDA of ₹7.65 Cr (EBITDA margin 12.7%).
The company is associated with 1 brand: Deltronix India. As per MCA filings, the company has open charges of ₹180.01 Cr and satisfied charges of ₹40.95 Cr on record. Court records list 142 cases involving the company, including 8 filed by the company and 135 filed against it; 31 cases are pending. The company has 6 deals on record (3 funding rounds, 3 secondary share transfers), with disclosed funding of ₹31.55 Cr; the latest was in March 2015.
The last known website on record is deltronix.in.
Company details
Contact details
Deltronix India Limited's registered office is in New Delhi, Delhi. Its website is deltronix.in. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressA – 323 Sarita Vihar, New Delhi, Delhi, India – 110044
- IndustryAutomotive, Auto Parts & Components
To see the full contact details of Deltronix India 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
Deltronix India operates one associated brand: Deltronix India. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufactures ignition and rubber components for automobiles. | deltronix.in |
Business activity
The main business activity of Deltronix India is manufacturing. In detail, this covers other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C13 | Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities |
To see the full business activity and turnover split of Deltronix India Limited, buy the company report.
Financials of Deltronix India Limited
FY 2016 filings availableDeltronix India Limited reported revenue of ₹60.36 Cr (down 17% YoY) for FY 2016.
Compounded Annual Growth Rate (CAGR)
Revenue fell 17% in the latest year. EBITDA rose 84% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ₹60.36 Cr | |
| Other Income | ||
| Total Revenue | ||
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | ₹7.65 Cr | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | -₹2.39 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 2015-16 | FY 2014-15 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 12.7% | |
| Net Profit Margin | -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 Deltronix India Limited, buy the company report.
Board of directors of Deltronix India Limited
Deltronix India has 4 current directors and 13 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sunita Umesh Also directs: Ucc & Associates LLP | Irp/Rp/Liquidator | 15 May 2023 | 3 Years 5 Months | As last reported |
| Mohammad Waseem Ansari | Director | 27 Jan 2019 | 7 Years 8 Months | As last reported |
| Kapil Gupta Also directs: Kayser India Private Limited | Managing Director | 01 Apr 1993 | 33 Years 6 Months | As last reported |
| Deepali Gupta Also directs: Kayser India Private Limited | Managing Director | 24 Jul 2001 | 25 Years 3 Months | As last reported |
Auditor
Deltronix India Limited is audited by YOGESH SINGHAL & CO for the financial year 2016.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| YOGESH SINGHAL & CO | FY 2016 | 014275C |
Shareholding
The shareholding of Deltronix India Limited is on record for 2 financial years, the latest being FY 2016, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2016 | FY 2015 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Deltronix India Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 09 Mar 2013 | 10422761 | Punjab & Sind Bank | ₹10.25 Cr | Open | |
| 30 Apr 2012 | 10355736 | Punjab & Sind Bank | ₹40 Lakh | Open | |
| 14 Mar 2012 | 10344633 | Punjab & Sind Bank | ₹40 Lakh | Open | |
| 05 Mar 2012 | 10349180 | Punjab & Sind Bank | ₹8.61 Lakh | Open | |
| 12 Dec 2011 | 10327819 | State Bank of India | ₹67.52 Cr | Open |
To see the full charge records of Deltronix India Limited, buy the company report.
Total charge records: 22 View all charges
Deals & funding
Deltronix India Limited has 6 deals on record (3 funding rounds, 3 secondary share transfers), with disclosed funding of ₹31.55 Cr; the latest was in March 2015.
Deals on record (5 of 6)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2015 | Secondary share transfer | Undisclosed | Buyer: KAG & Sons, Anant Gupta Huf, 2 individuals Seller: Agate International Private Limited , Krishan Avtar Gupta & Sons, 2 individuals |
| Jun 2012 | Funding round | ₹10 Cr | Investors: India Automotive Components Manufacturers Private Equity Fund-I Domestic |
| Jul 2011 | Funding round | ₹12.55 Cr | Investors: India Automotive Components Manufacturers Private Equity Fund-I Domestic, Kayser India Private Limited , Sonia & Co.Private Limited |
| Mar 2011 | Funding round | ₹9 Cr | Investors: Agate International Private Limited |
| Nov 2006 | Secondary share transfer | Undisclosed | Buyer: Kayser India Private Limited Seller: IFCI Ventures |
To see the full deal history of Deltronix India Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Deltronix India Limited has 142 court cases on record: 8 filed by Deltronix India, 135 filed against it. 31 cases are pending and 111 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 125 | 125 | 30 |
| High courts | 12 | 5 | 1 |
| NCLT | 4 | 4 | 0 |
| Supreme Court | 1 | 1 | 0 |
Cases on record (5 of 142)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ghaziabad, Uttar Pradesh | Criminal case | Filed against the company by Axess Ultrasonics Pvt.Ltd.-Devendra Kumar | Pending |
| District court, South West, Delhi | Criminal case | Filed against the company by Continental Carriers Pvt. Ltd. | Pending |
| District court, Pune, Maharashtra | Civil suit | Filed against the company by Tata Motors Ltd Through Kuldeepsinh Ajitsinh Garud | Pending |
| District court, Gurugram, Haryana | Cheque dishonour complaint | Filed against the company by Itochu India Pvt Ltd | Pending |
| District court, West, Delhi | Criminal case | Filed against the company by HDFC Bank Ltd | Pending |
To see the full case history of Deltronix India 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 Deltronix India Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Deltronix India has 4 associated companies. This group structure data is as of FY 2016. The table lists each entity with its relationship and holding.
Employees & EPFO
Deltronix India Limited has 1 active EPFO establishment as of Apr 05, 2024.
GST
Deltronix India has 5 GST registrations: 2 active and 3 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 09AAACD4681K1ZD | Uttar Pradesh | Active | 01 Jul 2017 |
| 06AAACD4681K2ZI | Haryana | Active | 04 Apr 2021 |
To see the full GST registrations and return filing status of Deltronix India Limited, buy the company report.
Recent activity
Deltronix India Limited has 15 board changes on record since 1993: 4 appointments and 11 cessations. The latest: Sunita Umesh was appointed as Irp/Rp/Liquidator on 15 May 2023.
41 earlier events are in the company report.
Frequently asked questions
Deltronix India is currently "Under Liquidation" as per MCA records. The company's assets are being sold to settle outstanding debts owed to creditors. A company under liquidation may not have the legal capacity to fulfil new contracts, and creditors are prioritised in the distribution of proceeds. This is a high-risk status - caution is strongly advised.
Deltronix India is a company under liquidation, formerly operating as a public limited company based in New Delhi, Delhi, India. The company works in auto parts and components, within the automotive industry. It was incorporated on 26 July 1984 and is registered under CIN U51909DL1984PLC018787. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Deltronix India has 4 current directors:
- Kapil Gupta - Managing Director
- Deepali Gupta - Managing Director
- Mohammad Waseem Ansari - Director
- Sunita Umesh - Irp/Rp/Liquidator
The latest financial statements of Deltronix India on record with the MCA are for the year ended 31 March 2016. Its last annual general meeting was held on 30 September 2016. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Deltronix India is U51909DL1984PLC018787. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Deltronix India has open charges of ₹180.01 Cr and satisfied charges of ₹40.95 Cr as per latest MCA filings.
Deltronix India has 142 court cases on record: 8 filed by the company and 135 filed against it. 31 are pending. Most are in the district courts.
Deltronix India was incorporated on 26 July 1984. It is registered with the Registrar of Companies, Delhi.
Deltronix India has 6 deals on record (3 funding rounds, 3 secondary share transfers), with disclosed funding of ₹31.55 Cr; the latest was in March 2015.
Sunita Umesh was appointed as Irp/Rp/Liquidator on 15 May 2023. Bhavana Rao ceased to be Nominee Director on 27 Jan 2019. Mohammad Waseem Ansari was appointed as Director on 27 Jan 2019. Deltronix India has 15 board changes on record in total.