True Value Engineering and Services Private Limited
About True Value Engineering and Services Private Limited
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True Value Engineering and Services Private Limited is a private limited company based in Nagpur, Maharashtra, India. It operates in the business support services segment of the business services sector. It was incorporated on 23 June 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U31908MH2014PTC255624. Its GSTIN is 27AAFCT0345M1Z5 (Maharashtra).
The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹15 Lakh. It is led by directors Shubhangi Makarand Joshi and Urmila Anand Apte.
Its last annual general meeting (AGM) was held on 06 March 2025, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Plot No. 78 Narkesari Layout Jaiprakash Nagar Khamla, Nagpur, Maharashtra, India – 440025.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.7 Cr, a growth of 45% compared to the previous year. For the same year it recorded a net profit of ₹17.27 Lakh (net margin 10.2%) and EBITDA of ₹17.44 Lakh (EBITDA margin 10.3%). Revenue has grown at a compounded annual rate (CAGR) of 16% over three years and 27% over five years.
The company has about 39 employees on its provident fund (EPFO) records.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered AddressPlot No. 78 Narkesari Layout Jaiprakash Nagar Khamla, Nagpur, Maharashtra, India – 440025
- IndustryBusiness Services, Business Support Services
- 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 True Value Engineering and Services Private Limited
The main business activities of True Value Engineering and Services are manufacturing and trade. In detail, this covers repair & installation of machinery & equipment, motor vehicles and retail trading. 2 activity segments are registered with the MCA.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C12 | Repair & installation of machinery & equipment, motor vehicles | Locked |
| G | Trade | G2 | Retail Trading | 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 True Value Engineering and Services Private Limited FY 2024 filings available
True Value Engineering and Services Private Limited reported revenue of ₹1.7 Cr (up 45% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of True Value Engineering and Services Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 27% over five years, including 45% growth in the latest year. EBITDA rose 67% 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 True Value Engineering and Services Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | ₹17.44 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹17.27 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 of True Value Engineering and Services Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 10.3% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 10.2% | •••• | •••• | •••• | •••• |
| 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 True Value Engineering and Services are in the company report.
Financial statements from 2015
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 True Value Engineering and Services Private Limited
True Value Engineering and Services Private Limited is compared with the companies closest to it by revenue in the Business Services industry (Business Auxiliary Services). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Shivtej Facility and Packaging Services Private Limited | •••• | •••• | •••• | •••• | - | Pune, Maharashtra, India |
| Gyan-Darshan Education Private Limited | •••• | •••• | •••• | •••• | - | Kawardha, Chattisgarh, India |
| Latty India Private Limited | •••• | •••• | •••• | •••• | - | Malad West, Maharashtra, India |
| Marwari Catalysts Private Limited | •••• | •••• | •••• | •••• | - | Jodhpur, Rajasthan, India |
| Inmedius Software India Pvt Ltd | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
| True Value Engineering and Services Private Limited this company | •••• | •••• | •••• | •••• | - | Nagpur, Maharashtra, India |
| Marklines India Private Limited | •••• | •••• | •••• | •••• | - | Dlf Qe, Haryana, India |
| Shimoga Infrastructure Private Limited | •••• | •••• | •••• | •••• | - | Navi Mumbai, Maharashtra, India |
| Rice Global Training & Consultancy Private Limited | •••• | •••• | •••• | •••• | - | Kolkata, West Bengal, India |
| Vision Devote Business Solutions Private Limited | •••• | •••• | •••• | •••• | - | Gurgaon, Haryana, India |
| Allied Web Designers Private Limited | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
Peers are the five companies nearest above and the five nearest below True Value Engineering and Services by revenue in the Business Services industry (Business Auxiliary Services), 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 True Value Engineering and Services Private Limited
True Value Engineering and Services Private Limited is audited by RAJANDEKAR & ASSOCIATES for the financial year 2015.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| RAJANDEKAR & ASSOCIATES | 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 of True Value Engineering and Services Private Limited
True Value Engineering and Services has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shubhangi Makarand Joshi | Director | 23 Jun 2014 | 12 Years 3 Months | Current |
| Urmila Anand Apte | Director | 23 Jun 2014 | 12 Years 3 Months | Current |
Ownership and Shareholding of True Value Engineering and Services 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 True Value Engineering and Services Private Limited
True Value Engineering and Services Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at True Value Engineering and Services Private Limited
True Value Engineering and Services Private Limited has a workforce of 39 employees as of Apr 08, 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.
Recent Activity on True Value Engineering and Services Private Limited
True Value Engineering and Services Private Limited has 2 board changes on record since 2014: 2 appointments. The latest: Shubhangi Makarand Joshi was appointed as Director on 23 Jun 2014.
Credit Ratings, Litigation & Regulatory Alerts for True Value Engineering and Services 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.
MSME Payment Delays by True Value Engineering and Services Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of True Value Engineering and Services 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 True Value Engineering and Services Private Limited
True Value Engineering and Services has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAFCT0345M1Z5 | Maharashtra | Active | 01 Jul 2017 |
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 True Value Engineering and Services 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 True Value Engineering and Services Private Limited
True Value Engineering and Services is an active private limited company based in Nagpur, Maharashtra, India. The company works in business support services, within the business services industry. It was incorporated on 23 June 2014 (12+ years old) and is registered under CIN U31908MH2014PTC255624.
True Value Engineering and Services reported revenue of ₹1.7 Cr for FY 2024 (up 45% YoY).
True Value Engineering and Services has 2 current directors:
- Shubhangi Makarand Joshi - Director
- Urmila Anand Apte - Director
True Value Engineering and Services reported a net profit of ₹17.27 Lakh (net margin 10.2%) and EBITDA of ₹17.44 Lakh (EBITDA margin 10.3%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of True Value Engineering and Services is 16% over three years and 27% over five years. In the latest year (FY 2024) revenue rose 45%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of True Value Engineering and Services is 27AAFCT0345M1Z5, registered in Maharashtra.
The CIN (Corporate Identification Number) of True Value Engineering and Services is U31908MH2014PTC255624. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
True Value Engineering and Services was incorporated on 23 June 2014, making it 12+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of True Value Engineering and Services by revenue are Shivtej Facility and Packaging Services Private Limited, Gyan-Darshan Education Private Limited, Latty India Private Limited, Marwari Catalysts Private Limited, Inmedius Software India Pvt Ltd and 5 more, all in the Business Services industry (Business Auxiliary Services).
Shubhangi Makarand Joshi was appointed as Director on 23 Jun 2014. Urmila Anand Apte was appointed as Director on 23 Jun 2014.
The registered office of True Value Engineering and Services is at Plot No. 78 Narkesari Layout Jaiprakash Nagar Khamla, Nagpur, Maharashtra, India – 440025.