About Divgi Torqtransfer Systems Private Limited
Data last updated:
Divgi Torqtransfer Systems Private Limited was a private limited company based in Pune, Maharashtra, India, operated as a subsidiary of Borg Warner Inc.. 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 18 September 1995.
The company was registered with the Registrar of Companies (ROC), Pune, under CIN U34300MH1995PTC092803. Its GSTIN is 27AABCD0659G1ZT (Maharashtra). The company held 3 GST registrations, of which 2 are active.
The company had an authorised share capital of ₹5 Cr and a paid-up capital of ₹4.39 Cr. It was led by directors including Jitenra Bhaskar Divgi (Managing Director) and Padmini Bhalchandra Khare.
Its last annual general meeting (AGM) was held on 17 September 2016, and its latest financial statements are for the year ended 31 March 2016. The registered office was at 75 General Block Midcbhosari, Pune, Maharashtra, India – 411026.
As per the financials filed for FY 2016, the company reported a revenue of ₹122.51 Cr, a growth of 3% compared to the previous year. For the same year it recorded a net profit of ₹26.3 Cr (net margin 21.5%) and EBITDA of ₹37.68 Cr (EBITDA margin 30.8%).
As per MCA filings, the company had satisfied charges of ₹8.6 Cr on record.
The last known website on record is divgi-tts.com.
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- Registered Address75 General Block Midcbhosari, Pune, Maharashtra, India – 411026
- IndustryAutomotive, Auto Parts & Components
- 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
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Financials of Divgi Torqtransfer Systems Private Limited FY 2016 filings available
Divgi Torqtransfer Systems Private Limited reported revenue of ₹122.51 Cr (up 3% YoY) for FY 2016.
Compounded Annual Growth Rate (CAGR) of Divgi Torqtransfer Systems Private Limited
Revenue rose 3% in the latest year. EBITDA rose 15% in the latest year. All are worked out from the filed statements.
Financial Statement Summary of Divgi Torqtransfer Systems Private Limited
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | •••• | •••• |
| Other Income | •••• | •••• |
| Total Revenue | ₹122.51 Cr | •••• |
| Cost of Materials Consumed | •••• | •••• |
| Employee Benefit Expense | •••• | •••• |
| Finance Costs | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• |
| Other Expenses | •••• | •••• |
| Total Expenses | •••• | •••• |
| EBITDA | ₹37.68 Cr | •••• |
| Profit Before Tax | •••• | •••• |
| Tax Expense | •••• | •••• |
| Net Profit (PAT) | ₹26.3 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 of Divgi Torqtransfer Systems Private Limited
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 30.8% | •••• |
| Net Profit Margin | 21.5% | •••• |
| 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 | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Divgi Torqtransfer Systems are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Board of Directors of Divgi Torqtransfer Systems Private Limited
Divgi Torqtransfer Systems has 4 current directors and 14 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Padmini Bhalchandra Khare Also directs: Tata Chemicals Limited, Bosch Limited, Franklin Templeton Asset Management (Ifsc) Private Limited and 1 more | Director | 26 Sep 2013 | 13 Years 0 Months | As last reported |
| Hirendra Bhaskar Divgi | Director | 02 Sep 2016 | 10 Years 1 Months | As last reported |
| Ramesh Amrut Savoor | Director | 19 Sep 2002 | 24 Years 1 Months | As last reported |
| Jitenra Bhaskar Divgi | Managing Director | 12 Mar 1997 | 29 Years 7 Months | As last reported |
Auditor Details of Divgi Torqtransfer Systems Private Limited
Divgi Torqtransfer Systems Private Limited is audited by PRICE WATERHOUSE & CO CHARTERED ACCOUNTANTS LLP for the financial year 2016.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| PRICE WATERHOUSE & CO CHARTERED ACCOUNTANTS LLP | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Divgi Torqtransfer Systems Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Divgi Torqtransfer Systems Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 14 Mar 2007 | The Saraswat Co-Operative Bank | ₹6 Lakh | Satisfied |
| 14 Mar 2007 | The Saraswat Co-Operative Bank | ₹6 Lakh | Satisfied |
| 15 Nov 2006 | The Saraswat Co-Operative Bank Ltd. | ₹4.11 Lakh | Satisfied |
| 20 Sep 2006 | The Saraswat Co-Operative Bank Ltd. | ₹75 Lakh | Satisfied |
| 01 Aug 2006 | The Saraswat Co-Operative Bank Ltd. | ₹4.65 Cr | Satisfied |
Total charge records: 10 View all charges
Employees and EPFO Compliance at Divgi Torqtransfer Systems Private Limited
Employment history and EPFO contributions of people linked to Divgi Torqtransfer Systems.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Group Structure of Divgi Torqtransfer Systems Private Limited
Divgi Torqtransfer Systems has 1 associated company. This group structure data is as of FY 2016. The table lists each entity with its relationship and holding.
Recent Activity on Divgi Torqtransfer Systems Private Limited
Divgi Torqtransfer Systems Private Limited has 18 board changes on record since 1997: 4 appointments and 14 cessations. The latest: Hirendra Bhaskar Divgi ceased to be Additional Director on 17 Sep 2016.
29 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Divgi Torqtransfer Systems Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Divgi Torqtransfer Systems Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Divgi Torqtransfer Systems Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Divgi Torqtransfer Systems Private Limited
Divgi Torqtransfer Systems has 3 GST registrations: 2 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCD0659G1ZT | Maharashtra | Active | 01 Jul 2017 |
| 29AABCD0659G1ZP | Karnataka | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Divgi Torqtransfer Systems Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Related news about Divgi Torqtransfer Systems Private Limited
Frequently Asked Questions about Divgi Torqtransfer Systems Private Limited
Divgi Torqtransfer Systems 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.
Divgi Torqtransfer Systems was a private limited company based in Pune, Maharashtra, India. The company worked in auto parts and components, within the automotive industry. It was incorporated on 18 September 1995 and is registered under CIN U34300MH1995PTC092803. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Divgi Torqtransfer Systems was incorporated on 18 September 1995. It is registered with the Registrar of Companies, Pune.
Divgi Torqtransfer Systems had 4 directors:
- Jitenra Bhaskar Divgi - Managing Director
- Padmini Bhalchandra Khare - Director
- Hirendra Bhaskar Divgi - Director
- Ramesh Amrut Savoor - Director
The CIN (Corporate Identification Number) of Divgi Torqtransfer Systems is U34300MH1995PTC092803. 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 Divgi Torqtransfer Systems is at 75 General Block Midcbhosari, Pune, Maharashtra, India – 411026.
Divgi Torqtransfer Systems can be reached through the website divgi-tts.com. Its registered office is in Pune, Maharashtra, India.
Divgi Torqtransfer Systems reported revenue of ₹122.51 Cr for FY 2016 (up 3% YoY).
Divgi Torqtransfer Systems has an authorised share capital of ₹5 Cr and a paid-up capital of ₹4.39 Cr.
Divgi Torqtransfer Systems reported a net profit of ₹26.3 Cr (net margin 21.5%) and EBITDA of ₹37.68 Cr (EBITDA margin 30.8%) for FY 2016, as per its filed financial statements.