About Tritonvalves Future Tech Private Limited
Data last updated:
Tritonvalves Future Tech Private Limited is a private limited company based in Bangalore, Karnataka, India, a subsidiary of Triton Valves Limited. It operates in the cable and wire segment of the manufacturing sector. It was incorporated on 24 January 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U29259KA2020PTC131941. Its GSTIN is 29AAHCT7322A1ZH (Karnataka).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1.21 Lakh. It is led by directors including Aditya Maruti Gokarn (Managing Director) and Ashokkumar Vyas.
Its last annual general meeting (AGM) was held on 25 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Sunrise Chambers 22 Ulsoor Road, Bangalore, Karnataka, India – 560042.
As per the financials filed for FY 2025, the company reported a revenue of ₹314.85 Cr, a growth of 9% compared to the previous year. For the same year it recorded a net profit of ₹3.73 Cr (net margin 1.2%) and EBITDA of ₹14.33 Cr (EBITDA margin 4.6%). Revenue has grown at a compounded annual rate (CAGR) of 27% over three years.
The company has about 52 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Triton Valves. As per MCA filings, the company has open charges of ₹61.57 Cr and satisfied charges of ₹20 Cr on record. The company has 2 deals on record (2 rights issues); the latest was in November 2024. Its 10 peer companies in the Metals and Minerals industry (Cables and Wires, Metals) are compared by revenue, 5 larger and 5 smaller; the largest is CMR NLM Eco Aluminium Private Limited. The company has 5 MSME Form 1 returns on record between 2021 and 2024, listing 109 overdue payments to 34 micro and small suppliers.
For more details, the company can be reached via its website tritonvalves.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressSunrise Chambers 22 Ulsoor Road, Bangalore, Karnataka, India – 560042
- IndustryManufacturing, Cable & Wire
- 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
- One PDF report, delivered after checkout
Business Activity of Tritonvalves Future Tech Private Limited
The main business activity of Tritonvalves Future Tech is manufacturing. In detail, this covers metal and metal products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Tritonvalves Future Tech Private Limited FY 2025 filings available
Tritonvalves Future Tech Private Limited reported revenue of ₹314.85 Cr (up 9% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Tritonvalves Future Tech Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 27% over three years, including 9% growth in the latest year. EBITDA rose 18% 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 of Tritonvalves Future Tech Private Limited
| 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 | ₹14.33 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹3.73 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 Tritonvalves Future Tech Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 4.6% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 1.2% | •••• | •••• | •••• | •••• |
| 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 Tritonvalves Future Tech are in the company report.
Financial statements from FY 2020
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.
Peer Comparison of Tritonvalves Future Tech Private Limited
Tritonvalves Future Tech Private Limited is compared with the companies closest to it by revenue in the Metals and Minerals industry (Cables and Wires, Metals). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| CMR NLM Eco Aluminium Private Limited | •••• | •••• | •••• | •••• | - | Faridabad, Haryana, India |
| Pradeep Metals Limited Listed | •••• | •••• | •••• | •••• | 573 | Navi Mumbai, Maharashtra, India |
| Phoenix Green Industries Private Limited | •••• | •••• | •••• | •••• | - | Gummidipundi, Tamil Nadu, India |
| Jagat Metals Pvt Ltd | •••• | •••• | •••• | •••• | 107 | Mandi Gobindgarh, Punjab, India |
| Unison Metals Ltd Listed | •••• | •••• | •••• | •••• | 22 | Ahmedabad, Gujarat, India |
| Tritonvalves Future Tech Private Limited this company | •••• | •••• | •••• | •••• | - | Bangalore, Karnataka, India |
| Nortech Ferro Alloys Private Limited | •••• | •••• | •••• | •••• | - | Uttar Pradesh, India |
| Paramhans Wires Private Limited | •••• | •••• | •••• | •••• | 804 | New Delhi, Delhi, India |
| Madras Hardtools Private Limited | •••• | •••• | •••• | •••• | - | Chennai, Tamil Nadu, India |
| Alcob Transmissions Private Limited | •••• | •••• | •••• | •••• | 23 | Neemrana, Rajasthan, India |
| Lorom India Corporation Private Limited | •••• | •••• | •••• | •••• | 67 | Bhiwadi, Rajasthan, India |
Peers are the five companies nearest above and the five nearest below Tritonvalves Future Tech by revenue in the Metals and Minerals industry (Cables and Wires, Metals), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Auditor Details of Tritonvalves Future Tech Private Limited
Tritonvalves Future Tech Private Limited is audited by H.R.Suresh & Co. for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| H.R.Suresh & Co. | 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.
Board of Directors and KMP of Tritonvalves Future Tech Private Limited
Tritonvalves Future Tech Private Limited currently reports 4 directors and 1 key managerial person.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Naresh Varadarajan Also directs: Tritonvalves Climatech Private Limited, Triton Valves Limited | Cfo | 11 Feb 2022 | 4 Years 7 Months | Current |
| Ashokkumar Vyas | Director | 21 Dec 2020 | 5 Years 9 Months | Current |
| Shrikant Kamalakant Welling Also directs: Tritonvalves Climatech Private Limited | Director | 24 Jan 2020 | 6 Years 8 Months | Current |
| Aditya Maruti Gokarn Also directs: Tritonvalves Climatech Private Limited, Triton Valves Limited | Managing Director | 24 Jan 2020 | 6 Years 8 Months | Current |
| Kishore Mukund Saletore Also directs: Tritonvalves Climatech Private Limited, Triton Valves Limited, Saletore Partners LLP and 5 more | Additional Director | 12 Nov 2025 | 0 Years 10 Months | Current |
Ownership and Shareholding of Tritonvalves Future Tech 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 Tritonvalves Future Tech Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 08 Apr 2025 | The Hongkong and Shanghai Banking Corporation Limited | ₹5 Cr | Open |
| 09 Sep 2024 | Others | ₹15 Cr | Open |
| 19 Jul 2021 | Hdfc Bank Limited | ₹15 Cr | Open |
| 25 Mar 2021 | Others | ₹15 Cr | Open |
| 25 Jun 2020 | The Hongkong and Shanghai Banking Corporation Limited | ₹8.72 Cr | Open |
Total charge records: 9 View all charges
Deals & Funding of Tritonvalves Future Tech Private Limited
Tritonvalves Future Tech Private Limited has 2 deals on record (2 rights issues); the latest was in November 2024.
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Nov 2024 | Rights issue | ₹5.01 Cr | Investors: Triton Valves Limited |
| Nov 2023 | Rights issue | ₹2.05 Cr | Investors: Triton Valves Limited |
Full deal history
All 2 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
MSME Payment Delays by Tritonvalves Future Tech Private Limited
Tritonvalves Future Tech Private Limited has 5 MSME Form 1 returns on record between 2021 and 2024, listing 109 overdue payments to 34 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 34)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Basava Metal Technology LLP | •••• | •••• | •••• |
| Lotus Polymer Industries Private Limited | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 5 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Associated Brands with Tritonvalves Future Tech Private Limited
Tritonvalves Future Tech operates one associated brand: Triton Valves. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Automotive tyre valves, cores, and accessories are manufactured. | tritonvalves.com |
Employees and EPFO Compliance at Tritonvalves Future Tech Private Limited
Tritonvalves Future Tech Private Limited has a workforce of 52 employees as of Apr 09, 2024.
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.
News related to Tritonvalves Future Tech Private Limited
Recent Activity on Tritonvalves Future Tech Private Limited
Tritonvalves Future Tech Private Limited has 5 board changes on record since 2020: 5 appointments. The latest: Kishore Mukund Saletore was appointed as Additional Director on 12 Nov 2025.
9 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Tritonvalves Future Tech 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.
Subsidiaries & Group Companies of Tritonvalves Future Tech 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 Tritonvalves Future Tech Private Limited
Tritonvalves Future Tech has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAHCT7322A1ZH | Karnataka | Active | 14 Feb 2020 |
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 Tritonvalves Future Tech 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.
Frequently Asked Questions about Tritonvalves Future Tech Private Limited
Tritonvalves Future Tech is an active private limited company based in Bangalore, Karnataka, India. The company works in cable and wire, within the manufacturing industry. It was incorporated on 24 January 2020 (6+ years old) and is registered under CIN U29259KA2020PTC131941.
Tritonvalves Future Tech reported revenue of ₹314.85 Cr for FY 2025 (up 9% YoY).
Tritonvalves Future Tech has 5 current directors and KMP:
- Aditya Maruti Gokarn - Managing Director
- Ashokkumar Vyas - Director
- Shrikant Kamalakant Welling - Director
- Kishore Mukund Saletore - Additional Director
- Naresh Varadarajan - Cfo
Tritonvalves Future Tech reported a net profit of ₹3.73 Cr (net margin 1.2%) and EBITDA of ₹14.33 Cr (EBITDA margin 4.6%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Tritonvalves Future Tech is 27% over three years. In the latest year (FY 2025) revenue rose 9%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Tritonvalves Future Tech is 29AAHCT7322A1ZH, registered in Karnataka.
The CIN (Corporate Identification Number) of Tritonvalves Future Tech is U29259KA2020PTC131941. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Tritonvalves Future Tech was incorporated on 24 January 2020, making it 6+ years old. It is registered with the Registrar of Companies, Bangalore.
Tritonvalves Future Tech has 2 deals on record (2 rights issues); the latest was in November 2024.
The peers of Tritonvalves Future Tech by revenue are CMR NLM Eco Aluminium Private Limited, Pradeep Metals Limited, Phoenix Green Industries Private Limited, Jagat Metals Pvt Ltd, Unison Metals Ltd and 5 more, all in the Metals and Minerals industry (Cables and Wires, Metals).
Kishore Mukund Saletore was appointed as Additional Director on 12 Nov 2025. Naresh Varadarajan was appointed as CFO on 11 Feb 2022. Ashokkumar Vyas was appointed as Director on 21 Dec 2020. Tritonvalves Future Tech has 5 board changes on record in total.
Tritonvalves Future Tech has 5 MSME Form 1 returns on record between 2021 and 2024, listing 109 overdue payments to 34 micro and small suppliers. The latest return was filed on 29 Apr 2024.