HNV Castings Private Limited

HNV Castings Private Limited - manufacturing in New Delhi, Delhi, India. FY 2026 financials & compliance.
CIN U27310DL2005PTC239416 Incorporated 12 January 2005 ROC Delhi HQ New Delhi, Delhi, India
Active Private Limited Company manufacturing MSME · Medium
Data last updated
Revenue · FY 2025
₹147.74 Cr
▲ 2% YoY
Net loss · FY 2025
₹4.24 Cr
Net margin -2.9%
EBITDA · FY 2025
₹1.73 Cr
EBITDA margin 1.2%
Authorised capital
₹310.26 Cr
Registered with MCA
Paid-up capital
₹310.26 Cr
Issued & subscribed
Satisfied charges
₹110.3 Cr
No open charges
Company age
21 yrs
Est. 2005
Employees · EPFO
143
Provident fund records

About HNV Castings Private Limited

Data last updated:

HNV Castings Private Limited is a private limited company based in New Delhi, Delhi, India. It operates in the die casting and metal forming segment of the manufacturing sector. It was incorporated on 12 January 2005 and has been in existence for over 21 years.

The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U27310DL2005PTC239416. Its GSTIN is 08AACCG3284D1ZS (Rajasthan). The company holds 3 GST registrations, of which 1 is active.

The company has an authorised share capital of ₹310.26 Cr and a paid-up capital of ₹310.26 Cr. It was formerly known as Garima Overseas Private Limited and Garima Vikas Metals Limited. It is led by directors including Yutaka Morita (Managing Director) and Hyeoncheol Seo (Whole-Time Director).

Its last annual general meeting (AGM) was held on 18 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 1A Vandhna Building 11 Tolstoy Marg, New Delhi, Delhi, India – 110001.

As per the financials filed for FY 2025, the company reported a revenue of ₹147.74 Cr, a growth of 2% compared to the previous year. For the same year it recorded a net loss of ₹4.24 Cr (net margin -2.9%) and EBITDA of ₹1.73 Cr (EBITDA margin 1.2%). Revenue has grown at a compounded annual rate (CAGR) of 7% over three years and 6% over five years.

The company has about 143 employees on its provident fund (EPFO) records.

The company is associated with 2 brands: Hnv Castings and Vikas Group. As per MCA filings, the company has satisfied charges of ₹110.3 Cr on record. Court records list 3 cases involving the company, including 3 filed by the company; 2 cases are pending. The company has 13 deals on record (8 secondary share transfers, 5 funding rounds), with disclosed funding of ₹232.06 Cr; the latest was in January 2018. Its 9 peer companies in the Manufacturing industry (Die Casting), with the same principal business activity (metal and metal products) are compared by revenue, 4 larger and 5 smaller; the largest is Shilpa Alloys Pvt. Ltd. with revenue of ₹152.03 Cr. The company has 35 MSME Form 1 returns on record between 2019 and 2024, listing 5,712 overdue payments to 95 micro and small suppliers.

HNV Castings Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-DL-01-0013582). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website vikasgroup.in.

Company details

CIN U27310DL2005PTC239416
Registration Number 239416
Incorporation Date 12 January 2005
ROC Delhi
Listing Status Unlisted
Company Status Active
Date of Last AGM 18 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-DL-01-0013582

Name history

HNV Castings has undergone 4 name changes throughout its history. The current legal name is Hnv Castings Private Limited.

Company NameStatus
HNV Castings Private LimitedCurrent
Garima Overseas Private LimitedPrevious
Garima Vikas Metals LimitedPrevious
Garima Vikas Metals Private LimitedPrevious
Garima Overseas LimitedPrevious

CIN history

HNV Castings has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U27310DL2005PTC239416, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U27310DL2005PTC239416Current
U27310RJ2005PLC020126Previous
U27310DL2005PLC239416Previous
Key People
Yutaka Morita Managing Director Hyeoncheol Seo Whole-Time Director Atsushi Sohara Additional Director

Recognitions & Rankings of HNV Castings

MSME (Udyam registered) Ministry of MSME
Category
Medium (2024-25)
Udyam number
UDYAM-DL-01-0013582

Contact details

HNV Castings Private Limited's registered office is in New Delhi, Delhi. Its website is vikasgroup.in. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    vikasgroup.in
  • Registered Address
    1A Vandhna Building 11 Tolstoy Marg, New Delhi, Delhi, India – 110001
  • Industry
    Manufacturing, Die Casting & Metal Forming

To see the full contact details of HNV Castings Private Limited, buy the company report.

Comprehensive company report
HNV Castings Private Limited - one report that includes everything
  • 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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Brands

HNV Castings operates two associated brands: HNV CASTINGS and Vikas Group. Each brand links to its own profile.

BrandDescriptionWebsite
Vikas Group
Major auto components are manufactured and supplied to OEMs.vikasgroup.in
HNV CASTINGS
hnvcastings.co.in

Business activity

The main business activity of HNV Castings is manufacturing. In detail, this covers metal and metal products.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC7Metal and metal products

To see the full business activity and turnover split of HNV Castings Private Limited, buy the company report.

Financials of HNV Castings Private Limited

FY 2025 filings available

HNV Castings Private Limited reported revenue of ₹147.74 Cr (up 2% YoY) for FY 2025.

Revenue · FY 2025
₹147.74 Cr ▲ 2%
Net loss · FY 2025
₹4.24 Cr margin -2.9%
EBITDA · FY 2025
₹1.73 Cr margin 1.2%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 2%
3 years · compounded
▼ 7%
5 years · compounded
▲ 6%
EBITDA CAGR growth
1 year
▼ 9%
3 years · compounded
▼ 45%
5 years · compounded
▲ 21%

Revenue has grown at a compounded annual rate (CAGR) of 6% over five years, including 2% growth in the latest year. EBITDA fell 9% 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹1.73 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹4.24 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin1.2%
Net Profit Margin-2.9%
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 HNV Castings Private Limited, buy the company report.

Board of directors of HNV Castings Private Limited

HNV Castings has 4 current directors and 30 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Yutaka MoritaManaging Director01 Apr 20233 Years 7 MonthsCurrent
Atsushi SoharaAdditional Director24 Dec 20250 Years 10 MonthsCurrent
Atsushi YamaguchiAdditional Director24 Dec 20250 Years 10 MonthsCurrent
Hyeoncheol SeoWhole-Time Director24 Apr 20251 Years 6 MonthsCurrent
View all directors

Peer comparison

HNV Castings Private Limited is compared with the 9 companies closest to it by revenue in the Manufacturing industry (Die Casting), with the same principal business activity (metal and metal products), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Shilpa Alloys Pvt. Ltd.₹152.03 Cr (FY 2025)39.0%Jaipur, Rajasthan, India
Amex Alloys Private Limited₹151.22 Cr (FY 2025)2.0%Coimbatore, Tamil Nadu, India
Mayura Steels Private Limited₹150.92 Cr (FY 2025)14.0%Kolhapur, Maharashtra, India
Shanthala Spherocast Private Limited₹148.19 Cr (FY 2025)9.0%Shimoga, Karnataka, India
HNV Castings Private Limitedthis company₹147.74 Cr (FY 2025)-₹4.24 Cr-2.9%2.0%143New Delhi, Delhi, India
Shanti Foumach Private Limited₹146.16 Cr (FY 2025)6.0%Belgaum, Karnataka, India
Kuber Casting Private Limited₹141.73 Cr (FY 2025)-20.0%Fatehgarh Sahib, Punjab, India
Padmavati Castings Private Limited₹141.43 Cr (FY 2025)-4.0%Kolhapur, Maharashtra, India
Indo Shell Mould Limited₹138.45 Cr (FY 2024)-51.0%Coimbatore, Tamil Nadu, India
Asm Castings Private Limited₹137.85 Cr (FY 2025)16.0%Faridabad, Haryana, India

To see the full peer comparison of HNV Castings Private Limited, buy the company report.

Auditor

HNV Castings Private Limited is audited by S.R. Batliboi & Co. Llp for the financial year 2023.

Auditor firmFinancial yearFirm registration number
S.R. Batliboi & Co. LlpFY 2023301003E

Shareholding

The shareholding of HNV Castings 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 categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of HNV Castings Private Limited, buy the company report.

Charges & borrowings

Open charges
None
Satisfied charges
₹110.3 Cr
Breakdown by lending institutions
Oriental Bank of Commerce₹58.25 Cr
State Bank of Bikaner and Jaipur₹20.35 Cr
State Bank of Mysore₹11.75 Cr
State Bank of Hyderabad₹11.55 Cr
Ing Vysya Bank Ltd₹8.40 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
12 Mar 200810095603Oriental Bank of Commerce₹2.25 CrSatisfied
12 Mar 200810095597Oriental Bank of Commerce₹2.75 CrSatisfied
10 Jul 200710061513State Bank of Hyderabad₹1.7 CrSatisfied
29 Mar 200710046812Oriental Bank of Commerce₹1.75 CrSatisfied
31 Jul 200610016183Oriental Bank of Commerce₹25.75 CrSatisfied

To see the full charge records of HNV Castings Private Limited, buy the company report.

Total charge records: 14 View all charges

Deals & funding

HNV Castings Private Limited has 13 deals on record (8 secondary share transfers, 5 funding rounds), with disclosed funding of ₹232.06 Cr; the latest was in January 2018.

Total deals
13
Secondary share transfers
8
Funding rounds
5
Disclosed funding
₹232.06 Cr

Deals on record (5 of 13)

WhenDealAmountParties
Jan 2018Secondary share transferUndisclosedBuyer: Proterial Limited
Seller: Autovikas Sales and Service Private Limited , B D Vanijya Udyog Pvt Ltd , 2 individuals
Jul 2017Secondary share transferUndisclosedBuyer: Autovikas Sales and Service Private Limited , 3 individuals
Seller: Rispana Leasing Finance and Investments Private Limited , 3 individuals
May 2017Secondary share transferUndisclosedBuyer: Proterial Limited
Seller: RPS Properties Pvt. Ltd.
Sep 2013Secondary share transferUndisclosedBuyer: Rispana Leasing Finance and Investments Private Limited , 3 individuals
Seller: Kenmore Vikas (India) Private Limited
Mar 2012Secondary share transferUndisclosedBuyer: 4 individuals
Seller: Vishesh Plastics Pvt Ltd , Parasrampuria Rubber Private Limited , Safal Investment Limited , an individual

To see the full deal history of HNV Castings Private Limited, buy the company report.

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

MSME payment delays

HNV Castings Private Limited has 35 MSME Form 1 returns on record between 2019 and 2024, listing 5,712 overdue payments to 95 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 95)

SupplierAmount dueDue sinceReported on
an individual supplier
an individual supplier
an individual supplier
Gulati Agencies Private Limited
Feedchem Inc

To see the full MSME payment records of HNV Castings Private Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

Employees & EPFO

HNV Castings Private Limited has a workforce of 143 employees on its EPFO records as of Apr 04, 2024, across 2 active EPFO establishments.

Employee count
143
Active EPFO establishments
2
Employee growth
-3.38%

GST

HNV Castings has 3 GST registrations: 1 active and 2 cancelled or inactive.

Total GSTINs
3
Active
1
Cancelled / inactive
2
GSTINStateStatusRegistered on
08AACCG3284D1ZSRajasthanActive01 Jul 2017

To see the full GST registrations and return filing status of HNV Castings Private Limited, buy the company report.

Recent activity

HNV Castings Private Limited has 58 board changes on record since 2005: 31 appointments and 27 cessations. The latest: Atsushi Sohara was appointed as Additional Director on 24 Dec 2025.

Appointed
Atsushi Sohara was appointed as Additional Director.
Appointed
Atsushi Yamaguchi was appointed as Additional Director.
Ceased
Yuji Minami ceased to be Director.
AGM
Hnv Castings Private Limited last Annual general meeting of members was held on 18 Sep 2025 as per latest MCA records.
Ceased
Sanjay Seth ceased to be Director.
Ceased
Mitsuhiro Saitoh ceased to be Director.
Appointed
Hyeoncheol Seo was appointed as Whole-Time Director.
Filing
Hnv Castings Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Delhi.
Ceased
Jungmin Hwang ceased to be Whole-Time Director.
Ceased
Kenya Matsuyama ceased to be Managing Director.
Appointed
Yutaka Morita was appointed as Managing Director.
Appointed
Jungmin Hwang was appointed as Whole-Time Director.

82 earlier events are in the company report.

News

Frequently asked questions

HNV Castings is an active private limited company based in New Delhi, Delhi, India. The company works in die casting and metal forming, within the manufacturing industry. It was incorporated on 12 January 2005 (21+ years old) and is registered under CIN U27310DL2005PTC239416.

HNV Castings has 4 current directors:

The latest financial statements of HNV Castings on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 18 September 2025. Year-wise statements from 2015 are in the company report.

The GSTIN of HNV Castings is 08AACCG3284D1ZS, registered in Rajasthan. The company has 3 GST registrations in all, of which 1 is active and 2 are cancelled or inactive.

The CIN (Corporate Identification Number) of HNV Castings is U27310DL2005PTC239416. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

HNV Castings has 3 court cases on record: 3 filed by the company. 2 are pending.

HNV Castings was incorporated on 12 January 2005, making it 21+ years old. It is registered with the Registrar of Companies, Delhi.

HNV Castings has 13 deals on record (8 secondary share transfers, 5 funding rounds), with disclosed funding of ₹232.06 Cr; the latest was in January 2018.

The peers of HNV Castings by revenue are Shilpa Alloys Pvt. Ltd, Amex Alloys Private Limited, Mayura Steels Private Limited, Shanthala Spherocast Private Limited, Shanti Foumach Private Limited and 4 more, all in the Manufacturing industry (Die Casting), with the same principal business activity (metal and metal products).

Atsushi Sohara was appointed as Additional Director on 24 Dec 2025. Atsushi Yamaguchi was appointed as Additional Director on 24 Dec 2025. Yuji Minami ceased to be Director on 24 Dec 2025. HNV Castings has 58 board changes on record in total.

Yes, HNV Castings is registered as a medium enterprise under Udyam registration (number: UDYAM-DL-01-0013582).

HNV Castings has 35 MSME Form 1 returns on record between 2019 and 2024, listing 5,712 overdue payments to 95 micro and small suppliers. The latest return was filed on 29 Apr 2024.