MKT Valves Private Limited
About MKT Valves Private Limited
Data last updated:
MKT Valves Private Limited was a private limited company based in Hubli, Karnataka, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the industrial control valves and systems segment of the machinery and industrial equipment sector. It was incorporated on 22 January 1990.
The company was registered with the Registrar of Companies (ROC), Bangalore, under CIN U29199KA1990PTC010687. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹67 Lakh and a paid-up capital of ₹67 Lakh. It was led by directors Madhukar Chatrabhuj Thakkar (Managing Director) and Roopa Madhukar Thakkar.
Its last annual general meeting (AGM) was held on 24 August 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office was at B 107 – 108 Industrial Estate Gokul Road, Hubli, Karnataka, India – 580030.
As per the financials filed for FY 2016, the company reported a revenue of ₹82.6 Lakh, a growth of 90% compared to the previous year. For the same year it recorded a net profit of ₹23.6 Lakh (net margin 28.6%) and EBITDA of -₹38 Lakh (EBITDA margin -46%).
As per MCA filings, the company had satisfied charges of ₹1.43 Cr on record. Court records list 3 cases involving the company, including 2 filed by the company and 1 filed against it.
Company details
Contact details
MKT Valves Private Limited's registered office is in Hubli, Karnataka. Its e-mail address is in the company report.
- Email
- Registered AddressB 107 – 108 Industrial Estate Gokul Road, Hubli, Karnataka, India – 580030
- IndustryMachinery and Equipment, Industrial Control Valves & Systems
To see the full contact details of MKT 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
Financials of MKT Valves Private Limited
FY 2022 filings availableMKT Valves Private Limited reported revenue of ₹82.6 Lakh (up 90% YoY) for FY 2016.
Compounded Annual Growth Rate (CAGR)
Revenue rose 90% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ||
| Other Income | ||
| Total Revenue | ₹82.6 Lakh | |
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | -₹38 Lakh | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | ₹23.6 Lakh | |
| 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 2015-16 | FY 2014-15 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | -46% | |
| Net Profit Margin | 28.6% | |
| 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 MKT Valves Private Limited, buy the company report.
Board of directors of MKT Valves Private Limited
MKT Valves has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Madhukar Chatrabhuj Thakkar | Managing Director | 22 Jan 1990 | 36 Years 9 Months | As last reported |
| Roopa Madhukar Thakkar | Director | 01 Apr 1995 | 31 Years 7 Months | As last reported |
Auditor
MKT Valves Private Limited is audited by H K VEERABHADRAPPA & CO for the financial year 2016.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| H K VEERABHADRAPPA & CO | FY 2016 | 004578S |
Shareholding
The shareholding of MKT Valves Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of MKT Valves Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 09 May 1992 | 80043347 | State Bank of India | ₹1.43 Cr | Satisfied |
To see the full charge records of MKT Valves Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
MKT Valves Private Limited has 3 court cases on record: 2 filed by MKT Valves, 1 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 1 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, DHARWAD, Karnataka | Execution petition | Filed by the company against Ion Exchange India Ltd., R/By Its Authorised Person | Disposed |
| District court, DHARWAD, Karnataka | Civil suit | Filed by the company against Ion Exchange India Ltd., | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Civil suit | Filed against the company by Surendra Trading Co | Disposed |
To see the full case history of MKT 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 MKT Valves Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
MKT Valves has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of MKT Valves Private Limited, buy the company report.
Recent activity
MKT Valves Private Limited has 4 board changes on record since 1990: 2 appointments and 2 cessations. The latest: Avinash Madhukar Thakkar ceased to be Director on 20 Jul 2018.
Frequently asked questions
MKT Valves has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
MKT Valves was a private limited company based in Hubli, Karnataka, India. The company worked in industrial control valves and systems, within the machinery and equipment industry. It was incorporated on 22 January 1990 and is registered under CIN U29199KA1990PTC010687. The company has been struck off by the Registrar of Companies and is no longer operational.
MKT Valves had 2 directors:
- Madhukar Chatrabhuj Thakkar - Managing Director
- Roopa Madhukar Thakkar - Director
The CIN (Corporate Identification Number) of MKT Valves is U29199KA1990PTC010687. 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 MKT Valves is at B 107 – 108 Industrial Estate Gokul Road, Hubli, Karnataka, India – 580030.
MKT Valves was incorporated on 22 January 1990. It is registered with the Registrar of Companies, Bangalore.
The latest financial statements of MKT Valves on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 24 August 2022. Year-wise statements from 2015 are in the company report.
No. MKT Valves has 1 GST registration on record and it is cancelled or inactive.
MKT Valves operated in the machinery and equipment industry, in the industrial control valves and systems segment. It worked in this industry before it was struck off.
MKT Valves has 3 court cases on record: 2 filed by the company and 1 filed against it.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
