MSME (Udyam registered) Ministry of MSME
- Udyam number
- UDYAM-UP-28-0001242
Mil Vehicles & Technologies Private Limited - aerospace, maritime and defense in Delhi, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹20.31 Cr
▼ 15% YoY
Net loss · FY 2025
₹8.62 Cr
Net margin -42.4%
EBITDA · FY 2025
-₹8.06 Cr
EBITDA margin -39.7%
Authorised capital
₹10.05 Cr
Registered with MCA
Paid-up capital
₹3 Lakh
Issued & subscribed
Open charges
₹3.52 Cr
Satisfied ₹2 Cr
Company age
40 yrs
Est. 1986
Employees · EPFO
9
Provident fund records
About Mil Vehicles & Technologies Private Limited
Data last updated:
Mil Vehicles & Technologies Private Limited is a private limited company based in Delhi, India. It operates in the defence vehicles and armored transport segment of the aerospace, maritime and defence sector. It was incorporated on 19 May 1986 and has been in existence for over 40 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U74899DL1986PTC024242. Its GSTIN is 07AAACM1567D2ZR (Delhi). The company holds 4 GST registrations, of which 3 are active.
The company has an authorised share capital of ₹10.05 Cr and a paid-up capital of ₹3 Lakh. It was formerly known as Vectra Engineering Materials Private Limited. It is led by directors Ranganathan Baskaran and Rameshchander Singh Andotra.
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 Dpt 820 8th Floor DLF Prime Towers F – 79 – 80 Okhla Industrial Area Phase – 1, Delhi, India – 110020.
As per the financials filed for FY 2025, the company reported a revenue of ₹20.31 Cr, a decline of 15% compared to the previous year. For the same year it recorded a net loss of ₹8.62 Cr (net margin -42.4%) and EBITDA of -₹8.06 Cr (EBITDA margin -39.7%). Revenue has grown at a compounded annual rate (CAGR) of 15% over three years and 10% over five years.
The company has about 9 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
As per MCA filings, the company has open charges of ₹3.52 Cr and satisfied charges of ₹2 Cr on record. Court records list 5 cases involving the company, including 5 filed by the company. The company has 4 deals on record (4 secondary share transfers); the latest was in November 2019. The company has 4 MSME Form 1 returns on record between 2019 and 2021, listing 7 overdue payments to 6 micro and small suppliers.
Mil Vehicles & Technologies Private Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-UP-28-0001242). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website miltechin.com.
Company details
CIN U74899DL1986PTC024242
Registration Number 024242
Incorporation Date 19 May 1986
ROC Delhi
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification MSME
Udyam Registration UDYAM-UP-28-0001242
Recognitions & Rankings of Mil Vehicles & Technologies
Contact details
Mil Vehicles & Technologies Private Limited's registered office is in Delhi, Delhi. Its website is miltechin.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressDpt 820 8th Floor DLF Prime Towers F – 79 – 80 Okhla Industrial Area Phase – 1, Delhi, India – 110020
- IndustryAerospace, Maritime and Defense, Defence Vehicles & Armored Transport
To see the full contact details of Mil Vehicles & Technologies Private Limited, buy the company report.
Comprehensive company report
Mil Vehicles & Technologies 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business activity
The main business activity of Mil Vehicles & Technologies is manufacturing. In detail, this covers repair & installation of machinery & equipment, motor vehicles.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C12 | Repair & installation of machinery & equipment, motor vehicles |
To see the full business activity and turnover split of Mil Vehicles & Technologies Private Limited, buy the company report.
Financials of Mil Vehicles & Technologies Private Limited
FY 2024 filings availableMil Vehicles & Technologies Private Limited reported revenue of ₹20.31 Cr (down 15% YoY) for FY 2025.
Revenue · FY 2025
₹20.31 Cr ▼ 15%
Net loss · FY 2025
₹8.62 Cr margin -42.4%
EBITDA · FY 2025
-₹8.06 Cr margin -39.7%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 15%
3 years · compounded
▲ 15%
5 years · compounded
▲ 10%
EBITDA CAGR growth
1 year
▼ 557%
3 years · compounded
▼ 73%
5 years · compounded
▼ 30%
Revenue fell 15% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 10%. EBITDA fell 557% 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 | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹8.06 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹8.62 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -39.7% | ||||
| Net Profit Margin | -42.4% | ||||
| 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 Mil Vehicles & Technologies Private Limited, buy the company report.
Board of directors of Mil Vehicles & Technologies Private Limited
Mil Vehicles & Technologies has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ranganathan Baskaran | Director | 30 Mar 2023 | 3 Years 6 Months | Current |
| Rameshchander Singh Andotra Also directs: Jfdmil Technologies Private Limited | Director | 17 Nov 2010 | 15 Years 11 Months | Current |
Auditor
Mil Vehicles & Technologies Private Limited is audited by KACHHAL & COMPANY for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| KACHHAL & COMPANY | FY 2023 | 007088C |
Shareholding
The shareholding of Mil Vehicles & Technologies 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 Mil Vehicles & Technologies Private Limited, buy the company report.
Charges & borrowings
Open charges
₹3.52 Cr
Satisfied charges
₹2 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 14 Mar 2024 | 100888587 | Hdfc Bank Limited | ₹20.9 Lakh | Open | |
| 16 May 2023 | 100726641 | Others | ₹2.97 Cr | Open | |
| 10 Dec 2021 | 100515784 | Hdfc Bank Limited | ₹22.88 Lakh | Open | |
| 27 Oct 2020 | 100389042 | Hdfc Bank Limited | ₹11.16 Lakh | Open | |
| 06 Aug 2020 | 100355877 | Hdfc Bank Limited | ₹2 Cr | Satisfied |
To see the full charge records of Mil Vehicles & Technologies Private Limited, buy the company report.
Total charge records: 5 View all charges
Deals & funding
Mil Vehicles & Technologies Private Limited has 4 deals on record (4 secondary share transfers); the latest was in November 2019.
Total deals
4
Secondary share transfers
4
Deals on record (4 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Nov 2019 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Jan 2016 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Sep 2014 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: an individual |
| Mar 2013 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Mil Vehicles & Technologies Private Limited has 5 court cases on record: 5 filed by Mil Vehicles & Technologies. All cases are disposed.
Total cases
5
Filed by the company
5
Disposed
5
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 5 | 0 | 0 |
Cases on record (5 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Delhi | Writ petition | Filed by the company against Assistant/Deputy Commissioner CGST Nehru Place Division CGST Delhi East & Ors. | Disposed |
| High Court of Delhi | Writ petition | Filed by the company against Deputy/Assistant Commissioner, CGST Okhla Division CGST Delhi South & Ors. | Disposed |
| High Court of Delhi | Writ petition | Filed by the company against Deputy Commissioner GST Delhi East Commissionerate & Anr. | Disposed |
| High Court of Delhi | Writ petition | Filed by the company against Union of India & Ors. | Disposed |
| High Court of Delhi | Writ petition | Filed by the company against Union of India, Through the Secretary & Ors. | Disposed |
To see the full case history of Mil Vehicles & Technologies 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
Mil Vehicles & Technologies Private Limited has 4 MSME Form 1 returns on record between 2019 and 2021, listing 7 overdue payments to 6 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 6)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| Om Shree Enterprises | |||
| an individual supplier | |||
| Bhor Engineering Private Limited | |||
| Kachhal & Company |
To see the full MSME payment records of Mil Vehicles & Technologies Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Mil Vehicles & Technologies has 1 subsidiary company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
1
Subsidiary companies
Key subsidiaries
| Company Name | CIN | Shares held |
|---|---|---|
| Jfdmil Technologies Private Limited | U74999DL2018PTC343182 |
To see the full group structure of Mil Vehicles & Technologies Private Limited, buy the company report.
Employees & EPFO
Mil Vehicles & Technologies Private Limited has a workforce of 9 employees on its EPFO records as of Apr 11, 2024, across 1 active EPFO establishment.
Employee count
9
Active EPFO establishments
1
Employee growth
12.5%
GST
Mil Vehicles & Technologies has 4 GST registrations: 3 active and 1 cancelled or inactive.
Total GSTINs
4
Active
3
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AAACM1567D2ZR | Delhi | Active | 18 Aug 2017 |
| 09AAACM1567D1ZO | Uttar Pradesh | Active | 01 Jul 2017 |
| 29AAACM1567D1ZM | Karnataka | Active | 05 Dec 2018 |
To see the full GST registrations and return filing status of Mil Vehicles & Technologies Private Limited, buy the company report.
Recent activity
Mil Vehicles & Technologies Private Limited has 7 board changes on record since 2010: 2 appointments and 5 cessations. The latest: Ranganathan Baskaran ceased to be Additional Director on 29 Sep 2023.
Charges
A charge with Others of Rs. 2.97 Cr registered on 16 May 2023 with Charge ID 100726641 was modified on 27 Sep 2025.
AGM
Mil Vehicles & Technologies Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Mil Vehicles & Technologies Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Delhi.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.21 Cr with Charge ID 100888587 was registered on 14 Mar 2024.
Ceased
Ranganathan Baskaran ceased to be Additional Director.
Charges
A charge registered on 06 Aug 2020 via Charge ID 100355877 with Hdfc Bank Limited was fully satisfied on 02 Jun 2023.
Charges
A charge with Others amounted to Rs. 2.97 Cr with Charge ID 100726641 was registered on 16 May 2023.
Appointed
Ranganathan Baskaran was appointed as Director.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.23 Cr with Charge ID 100515784 was registered on 10 Dec 2021.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.11 Cr with Charge ID 100389042 was registered on 27 Oct 2020.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 2.00 Cr with Charge ID 100355877 was registered on 06 Aug 2020.
Ceased
Rameshchander Singh Andotra ceased to be Additional Director.
5 earlier events are in the company report.
Frequently asked questions
Mil Vehicles & Technologies is an active private limited company based in Delhi, India. The company works in defence vehicles and armored transport, within the aerospace, maritime and defense industry. It was incorporated on 19 May 1986 (40+ years old) and is registered under CIN U74899DL1986PTC024242.
Mil Vehicles & Technologies has 2 current directors:
- Ranganathan Baskaran - Director
- Rameshchander Singh Andotra - Director
The latest financial statements of Mil Vehicles & Technologies 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 Mil Vehicles & Technologies is 07AAACM1567D2ZR, registered in Delhi. The company has 4 GST registrations in all, of which 3 are active and 1 is cancelled or inactive. Other active GSTINs include 09AAACM1567D1ZO (Uttar Pradesh), 29AAACM1567D1ZM (Karnataka).
The CIN (Corporate Identification Number) of Mil Vehicles & Technologies is U74899DL1986PTC024242. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mil Vehicles & Technologies has 5 court cases on record: 5 filed by the company.
Mil Vehicles & Technologies was incorporated on 19 May 1986, making it 40+ years old. It is registered with the Registrar of Companies, Delhi.
Mil Vehicles & Technologies has 4 deals on record (4 secondary share transfers); the latest was in November 2019.
Ranganathan Baskaran ceased to be Additional Director on 29 Sep 2023. Ranganathan Baskaran was appointed as Director on 30 Mar 2023. Rameshchander Singh Andotra ceased to be Additional Director on 30 Sep 2014. Mil Vehicles & Technologies has 7 board changes on record in total.
Yes, Mil Vehicles & Technologies is registered as an MSME under Udyam registration (number: UDYAM-UP-28-0001242).
Mil Vehicles & Technologies has 4 MSME Form 1 returns on record between 2019 and 2021, listing 7 overdue payments to 6 micro and small suppliers. The latest return was filed on 31 Jul 2021.