
About Delval Flow Controls Private Limited
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Delval Flow Controls Private Limited is a private limited company based in Pune, Maharashtra, India. It operates in the industrial control valves and systems segment of the machinery and industrial equipment sector. It was incorporated on 20 October 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U29299PN2005PTC021445. Its GSTIN is 27AACCD2898L1Z4 (Maharashtra). The company holds 3 GST registrations, all of them active.
The company has an authorised share capital of ₹20.25 Cr and a paid-up capital of ₹20.13 Cr. It was formerly known as Bordelon Controls Private Limited. It is led by directors including Arun Manjunath Shiroor (Managing Director) and Dharmesh Vishin Mangwani.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at B Cube Building S No. 6/10/1, Pune, Maharashtra, India – 411021.
As per the financials filed for FY 2025, the company reported a revenue of ₹619.02 Cr, a growth of 15% compared to the previous year. For the same year it recorded a net profit of ₹69.71 Cr (net margin 11.3%) and EBITDA of ₹123.56 Cr (EBITDA margin 20%). Revenue has grown at a compounded annual rate (CAGR) of 26% over three years and 27% over five years.
The company has about 721 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: DelVal Flow Controls. As per MCA filings, the company has open charges of ₹275.92 Cr and satisfied charges of ₹59.62 Cr on record. Court records list 10 cases involving the company, including 8 filed by the company and 2 filed against it; 1 case is pending. The company has 13 deals on record (7 funding rounds, 5 secondary share transfers, 1 rights issue), with disclosed funding of ₹16.43 Cr; the latest was in August 2023. Its 3 peer companies in the Machinery and Equipment industry (Control Valves), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment) are compared by revenue, 2 larger and 1 smaller; the largest is Forbes Marshall Private Limited with revenue of ₹1,439.53 Cr. The company has 21 MSME Form 1 returns on record between 2019 and 2024, listing 13,875 overdue payments to 292 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website delvalflow.com.
Company details
Contact details
Delval Flow Controls Private Limited's registered office is in Pune, Maharashtra. Its website is delvalflow.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressB Cube Building S No. 6/10/1, Pune, Maharashtra, India – 411021
- IndustryMachinery and Equipment, Industrial Control Valves & Systems
To see the full contact details of Delval Flow Controls 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
Delval Flow Controls operates one associated brand: DelVal Flow Controls. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Ball valves, butterfly valves, actuators, and control accessories are provided. | delvalflow.com |
Business activity
The main business activity of Delval Flow Controls is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment |
To see the full business activity and turnover split of Delval Flow Controls Private Limited, buy the company report.
Financials of Delval Flow Controls Private Limited
FY 2025 filings availableDelval Flow Controls Private Limited reported revenue of ₹619.02 Cr (up 15% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 27% over five years, including 15% growth in the latest year. EBITDA rose 17% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹619.02 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹123.56 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹69.71 Cr | ||||
| Balance Sheet | |||||
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| Reserves and Surplus | |||||
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| Long-term Borrowings | |||||
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| Inventories | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 20% | ||||
| Net Profit Margin | 11.3% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
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| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Delval Flow Controls Private Limited, buy the company report.
Board of directors of Delval Flow Controls Private Limited
Delval Flow Controls has 7 current directors and 11 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Dharmesh Vishin Mangwani Also directs: Veekay Infin & Holdings Private Limited, Mangwani Fiduciary Services LLP, Phoscalor Chemicals LLP and 1 more | Director | 25 Mar 2013 | 13 Years 7 Months | Current |
| Pradeep Kumar Bhargava Also directs: Indus Ratings Private Limited, Socomp Solutions Private Limited, Biofuelcircle Private Limited and 2 more | Director | 01 Jul 2020 | 6 Years 4 Months | Current |
| Lisette Lee Prieto | Director | 03 Feb 2021 | 5 Years 9 Months | Current |
| Arun Manjunath Shiroor | Managing Director | 20 Oct 2005 | 21 Years 0 Months | Current |
| Amita Arun Shiroor | Director | 01 Dec 2005 | 20 Years 11 Months | Current |
| Charles Ray Lee Jr | Director | 20 Aug 2014 | 12 Years 2 Months | Current |
Peer comparison
Delval Flow Controls Private Limited is compared with the 3 companies closest to it by revenue in the Machinery and Equipment industry (Control Valves), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Forbes Marshall Private Limited | ₹1,439.53 Cr (FY 2025) | 2.0% | Pune, Maharashtra, India | |||
| Worldwide Oilfield Machine Pvt Ltd | ₹848.08 Cr (FY 2024) | 38.0% | Pune, Maharashtra, India | |||
| Delval Flow Controls Private Limitedthis company | ₹619.02 Cr (FY 2025) | ₹69.71 Cr | 11.3% | 15.0% | 721 | Pune, Maharashtra, India |
| Rotork Controls (India) Private Limited | ₹607.04 Cr (FY 2025) | 12.0% | Chennai, Tamil Nadu, India |
To see the full peer comparison of Delval Flow Controls Private Limited, buy the company report.
Auditor
Delval Flow Controls Private Limited is audited by Walker Chandiok & Co LLP for the financial year 2025.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Walker Chandiok & Co LLP | FY 2025 | 001076N/N500013 |
Shareholding
The shareholding of Delval Flow Controls Private Limited is on record for 5 financial years, the latest being FY 2025, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Delval Flow Controls Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 20 Feb 2026 | 101244770 | Others | ₹30 Cr | Open | |
| 21 Feb 2024 | 100874895 | Others | ₹25 Cr | Open | |
| 01 Aug 2022 | 100640420 | Others | ₹3 Cr | Open | |
| 01 Aug 2022 | 100640425 | Others | ₹82 Cr | Open | |
| 22 Apr 2022 | 100571267 | Others | ₹7.5 Cr | Open |
To see the full charge records of Delval Flow Controls Private Limited, buy the company report.
Total charge records: 19 View all charges
Deals & funding
Delval Flow Controls Private Limited has 13 deals on record (7 funding rounds, 5 secondary share transfers, 1 rights issue), with disclosed funding of ₹16.43 Cr; the latest was in August 2023.
Deals on record (5 of 13)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Aug 2023 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: an individual |
| Feb 2021 | Secondary share transfer | Undisclosed | Buyer: No. One Family Trust Mangwani, No. Two Family Trust Mangwani, an individual Seller: an individual |
| Mar 2019 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: Vk Infin & Holdings Private Limited |
| Oct 2016 | Rights issue | ₹12 Cr | Investors: Vk Infin & Holdings Private Limited |
| Jan 2015 | Funding round | ₹2 Cr | Investors: Vk Infin & Holdings Private Limited |
To see the full deal history of Delval Flow Controls Private 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
Delval Flow Controls Private Limited has 10 court cases on record: 8 filed by Delval Flow Controls, 2 filed against it. 1 case is pending and 9 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 6 | 1 | 0 |
| District courts | 4 | 1 | 1 |
Cases on record (5 of 10)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, MAHARASHTRA | Court case (CARAP) | Filed by the company against Indian Oil Corporation Ltd | Disposed |
| High Court, MAHARASHTRA | Court case (CARBP) | Filed against the company by Indian Oil Corporation Limited | Disposed |
| High Court, MAHARASHTRA | Court case (CARBP) | Filed by the company against Indian Oil Corporation Limited. | Disposed |
| High Court, MAHARASHTRA | Writ petition | Filed by the company against Indian Oil Corporation Limited and Anr. and 1 other | Disposed |
| District court, Pune, Maharashtra | Civil suit | Filed by the company against M/S Jameks Engineering Pvt. Ltd. and 1 other | Disposed |
To see the full case history of Delval Flow Controls 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.
Credit ratings & regulatory alerts
Delval Flow Controls Private Limited was last rated by Crisil on 31 Jul 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 31 Jul 2020 |
To see the full credit ratings and regulatory alerts of Delval Flow Controls Private Limited, buy the company report.
MSME payment delays
Delval Flow Controls Private Limited has 21 MSME Form 1 returns on record between 2019 and 2024, listing 13,875 overdue payments to 292 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 292)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Adhunik Transport Organisation Limited | |||
| an individual supplier | |||
| an individual supplier | |||
| Vijay Pallet and Box Manufacturers (India) Private Limited | |||
| an individual supplier |
To see the full MSME payment records of Delval Flow Controls Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Delval Flow Controls Private Limited has a workforce of 721 employees on its EPFO records as of May 2026, across 2 active EPFO establishments.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 721 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 |
To see the full employee and EPFO history of Delval Flow Controls Private Limited, buy the company report.
GST
Delval Flow Controls has 3 GST registrations: 3 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCD2898L1Z4 | Maharashtra | Active | 01 Jul 2017 |
| 24AACCD2898L1ZA | Gujarat | Active | 15 Jul 2025 |
| 27AACCD2898L2Z3 | Maharashtra | Active | 17 Dec 2025 |
To see the full GST registrations and return filing status of Delval Flow Controls Private Limited, buy the company report.
Recent activity
Delval Flow Controls Private Limited has 17 board changes on record since 2005: 7 appointments and 10 cessations. The latest: Lisette Lee Prieto ceased to be Additional Director on 22 Nov 2021.
44 earlier events are in the company report.
Frequently asked questions
Delval Flow Controls is an active private limited company based in Pune, Maharashtra, India. The company works in industrial control valves and systems, within the machinery and equipment industry. It was incorporated on 20 October 2005 (21+ years old) and is registered under CIN U29299PN2005PTC021445.
Delval Flow Controls has 7 current directors:
- Arun Manjunath Shiroor - Managing Director
- Dharmesh Vishin Mangwani - Director
- Pradeep Kumar Bhargava - Director
- Lisette Lee Prieto - Director
- Amita Arun Shiroor - Director
- Charles Ray Lee Jr - Director
- Vimal Vishin Mangwani - Director
The latest financial statements of Delval Flow Controls on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Delval Flow Controls is 27AACCD2898L1Z4, registered in Maharashtra. The company has 3 GST registrations in all, of which 3 are active. Other active GSTINs include 24AACCD2898L1ZA (Gujarat), 27AACCD2898L2Z3 (Maharashtra).
The CIN (Corporate Identification Number) of Delval Flow Controls is U29299PN2005PTC021445. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Delval Flow Controls has 10 court cases on record: 8 filed by the company and 2 filed against it. 1 is pending. Most are in the high courts.
Delval Flow Controls was incorporated on 20 October 2005, making it 21+ years old. It is registered with the Registrar of Companies, Pune.
Delval Flow Controls has 13 deals on record (7 funding rounds, 5 secondary share transfers, 1 rights issue), with disclosed funding of ₹16.43 Cr; the latest was in August 2023.
The peers of Delval Flow Controls by revenue are Forbes Marshall Private Limited, Worldwide Oilfield Machine Pvt Ltd, Rotork Controls (India) Private Limited, all in the Machinery and Equipment industry (Control Valves), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment).
Lisette Lee Prieto ceased to be Additional Director on 22 Nov 2021. Dharmesh Vishin Mangwani ceased to be Nominee Director on 03 Feb 2021. Lisette Lee Prieto was appointed as Director on 03 Feb 2021. Delval Flow Controls has 17 board changes on record in total.
Delval Flow Controls has 21 MSME Form 1 returns on record between 2019 and 2024, listing 13,875 overdue payments to 292 micro and small suppliers. The latest return was filed on 30 Apr 2024.
Delval Flow Controls can be reached through the website delvalflow.com. Its registered office is in Pune, Maharashtra, India.

