- Category
- Small (2024-25)
- Udyam number
- UDYAM-GJ-03-0002460

About Flovel Valves Private Limited
Data last updated:
Flovel Valves Private Limited is a private limited company based in Anand, Gujarat, India. It operates in the industrial control valves and systems segment of the machinery and industrial equipment sector. It was incorporated on 19 December 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U29120GJ2005PTC047307. Its GSTIN is 24AAACF9489K1Z3 (Gujarat).
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹4.56 Cr. It is led by directors including Mukesh Mafatlal Mehta and Satishkumar Mafatlal Mehta.
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 Plot ;No. 1201 Phase IV Gidcind. Estate Vithal Udyog Nagar 388121, Anand, Gujarat, India.
As per the financials filed for FY 2025, the company reported a revenue of ₹20.69 Cr, a growth of 2% compared to the previous year. For the same year it recorded a net profit of ₹65.5 Lakh (net margin 3.2%) and EBITDA of ₹2.77 Cr (EBITDA margin 13.4%). Revenue has grown at a compounded annual rate (CAGR) of 20% over three years and 6% over five years.
As per MCA filings, the company has open charges of ₹10.43 Cr and satisfied charges of ₹19.37 Cr on record. Court records list 7 cases involving the company, including 7 filed against it. The company has 7 deals on record (5 secondary share transfers, 1 funding round, 1 rights issue), with disclosed funding of ₹2.29 Cr; the latest was in March 2022. Its 5 peer companies in the Machinery and Equipment industry (Control Valves), with the same principal business activity (metal and metal products) are compared by revenue, 2 larger and 3 smaller; the largest is Peritus Control Equipments Private Limited with revenue of ₹20.97 Cr.
Flovel Valves Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-03-0002460). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website flovelvalves.com.
Company details
Recognitions & Rankings of Flovel Valves
Contact details
Flovel Valves Private Limited's registered office is in Anand, Gujarat. Its website is flovelvalves.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressPlot ;No. 1201 Phase IV Gidcind. Estate Vithal Udyog Nagar 388121, Anand, Gujarat, India
- IndustryMachinery and Equipment, Industrial Control Valves & Systems
To see the full contact details of Flovel Valves 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
Business activity
The main business activity of Flovel Valves is manufacturing. In detail, this covers metal and metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products |
To see the full business activity and turnover split of Flovel Valves Private Limited, buy the company report.
Financials of Flovel Valves Private Limited
FY 2024 filings availableFlovel Valves Private Limited reported revenue of ₹20.69 Cr (up 2% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 6% over five years, including 2% growth in the latest year. EBITDA rose 21% 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 |
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| EBITDA | ₹2.77 Cr | ||||
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| Net Profit (PAT) | ₹65.5 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 13.4% | ||||
| Net Profit Margin | 3.2% | ||||
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To see the full financial statements and ratios of Flovel Valves Private Limited, buy the company report.
Board of directors of Flovel Valves Private Limited
Flovel Valves has 5 current directors and 13 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mukesh Mafatlal Mehta | Director | 20 Jun 2019 | 7 Years 4 Months | Current |
| Satishkumar Mafatlal Mehta Also directs: M Metal-Tubes India Private Limited | Director | 20 Jun 2019 | 7 Years 4 Months | Current |
| Jainam Satish Mehta | Director | 17 Sep 2024 | 2 Years 1 Months | Current |
| Suraj Mukesh Mehta | Director | 17 Sep 2024 | 2 Years 1 Months | Current |
| Naresh Mafatlal Mehta Also directs: Forxar Industries Private Limited | Additional Director | 20 Jun 2019 | 7 Years 4 Months | Current |
Peer comparison
Flovel Valves Private Limited is compared with the 5 companies closest to it by revenue in the Machinery and Equipment industry (Control Valves), with the same principal business activity (metal and metal products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Peritus Control Equipments Private Limited | ₹20.97 Cr (FY 2025) | 37.0% | Nashik, Maharashtra, India | |||
| Bhartiya Valves Private Limited | ₹20.87 Cr (FY 2025) | 3.0% | Faridabad, Haryana, India | |||
| Flovel Valves Private Limitedthis company | ₹20.69 Cr (FY 2025) | ₹65.5 Lakh | 3.2% | 2.0% | Anand, Gujarat, India | |
| Soudarshini Valve Private Limited | ₹20.33 Cr (FY 2025) | 115.0% | Coimbatore, Tamil Nadu, India | |||
| Continental Valves Limited | ₹20.09 Cr (FY 2025) | 61.0% | Kolkata, West Bengal, India | |||
| G.M. Dalui & Sons Private Limited | ₹19.8 Cr (FY 2025) | 12.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Flovel Valves Private Limited, buy the company report.
Auditor
Flovel Valves Private Limited is audited by MLR AND ASSOCIATES LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MLR AND ASSOCIATES LLP | FY 2023 | 138605W |
Shareholding
The shareholding of Flovel Valves 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 category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Flovel Valves Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 24 Jul 2024 | 100965388 | Hdfc Bank Limited | ₹16.34 Lakh | Open | |
| 04 Jul 2024 | 100946113 | Hdfc Bank Limited | ₹6.77 Lakh | Open | |
| 02 Nov 2022 | 100657830 | Hdfc Bank Limited | ₹10.2 Cr | Open | |
| 11 Jul 2019 | 100283903 | Axis Bank Limited | ₹1.15 Cr | Satisfied | |
| 21 Jun 2013 | 10434596 | Axis Bank Limited | ₹12.42 Cr | Satisfied |
To see the full charge records of Flovel Valves Private Limited, buy the company report.
Total charge records: 7 View all charges
Deals & funding
Flovel Valves Private Limited has 7 deals on record (5 secondary share transfers, 1 funding round, 1 rights issue), with disclosed funding of ₹2.29 Cr; the latest was in March 2022.
Deals on record (5 of 7)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2022 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: 4 individuals |
| Jul 2019 | Rights issue | ₹5.2 Cr | Investors: Forxar Industries Private Limited |
| Jun 2019 | Secondary share transfer | Undisclosed | Buyer: Forxar Industries Private Limited Seller: 2 individuals |
| Feb 2014 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: 2 individuals |
| Aug 2013 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: an individual |
To see the full deal history of Flovel Valves 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
Flovel Valves Private Limited has 7 court cases on record: 7 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 7 | 7 | 0 |
Cases on record (5 of 7)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Anand, Gujarat | Court case (EXE R) | Filed against the company by Priti Marine Pvt Ltd. Director Shri Bhavinbhai R. Doshi | Disposed |
| District court, Bhavnagar, Gujarat | Court case (EXE R) | Filed against the company by Ms Priti Marine Pvt Ltd Through Its Director Bhavinbhai R Doshi | Disposed |
| District court, Anand, Gujarat | Court case (REFER T LC) | Filed against the company by an individual | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Interim or miscellaneous application | Filed against the company by an individual | Disposed |
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed against the company by an individual | Disposed |
To see the full case history of Flovel Valves 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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Flovel Valves Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Flovel Valves has 1 associated company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
GST
Flovel Valves has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAACF9489K1Z3 | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Flovel Valves Private Limited, buy the company report.
Recent activity
Flovel Valves Private Limited has 18 board changes on record since 2012: 5 appointments and 13 cessations. The latest: Jainam Satish Mehta ceased to be Additional Director on 29 Sep 2024.
25 earlier events are in the company report.
Frequently asked questions
Flovel Valves is an active private limited company based in Anand, Gujarat, India. The company works in industrial control valves and systems, within the machinery and equipment industry. It was incorporated on 19 December 2005 (21+ years old) and is registered under CIN U29120GJ2005PTC047307.
Flovel Valves has 5 current directors:
- Mukesh Mafatlal Mehta - Director
- Satishkumar Mafatlal Mehta - Director
- Jainam Satish Mehta - Director
- Suraj Mukesh Mehta - Director
- Naresh Mafatlal Mehta - Additional Director
The latest financial statements of Flovel Valves 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 Flovel Valves is 24AAACF9489K1Z3, registered in Gujarat.
The CIN (Corporate Identification Number) of Flovel Valves is U29120GJ2005PTC047307. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Flovel Valves has 7 court cases on record: 7 filed against it.
Flovel Valves was incorporated on 19 December 2005, making it 21+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Flovel Valves has 7 deals on record (5 secondary share transfers, 1 funding round, 1 rights issue), with disclosed funding of ₹2.29 Cr; the latest was in March 2022.
The peers of Flovel Valves by revenue are Peritus Control Equipments Private Limited, Bhartiya Valves Private Limited, Soudarshini Valve Private Limited, Continental Valves Limited, G.M. Dalui & Sons Private Limited, all in the Machinery and Equipment industry (Control Valves), with the same principal business activity (metal and metal products).
Jainam Satish Mehta ceased to be Additional Director on 29 Sep 2024. Suraj Mukesh Mehta ceased to be Additional Director on 29 Sep 2024. Jainam Satish Mehta was appointed as Director on 17 Sep 2024. Flovel Valves has 18 board changes on record in total.
Yes, Flovel Valves is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-03-0002460).

