Underground Tuning Private Limited
About Underground Tuning Private Limited
Data last updated:
Underground Tuning Private Limited is a private limited company based in Ernakulam, Kerala, India. It operates in the industrial tools and components segment of the machinery and industrial equipment sector. It was incorporated on 01 July 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN U50400KL2020PTC062641. Its GSTIN is 32AACCU6105B1Z1 (Kerala).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹9.9 Lakh. It is led by directors including Nishan David (Managing Director) and Amal Varghese.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at 40/1361 (Old No 32/1979 B) Manappilly Netaji Road Palarivattom Edapally P.O, Ernakulam, Kerala, India – 682024.
As per the financials filed for FY 2023, the company reported a revenue of ₹42.5 Lakh, a decline of 32% compared to the previous year. For the same year it recorded a net profit of ₹2,992 (net margin 0.1%) and EBITDA of ₹1.68 Lakh (EBITDA margin 4%).
Company details
Contact details
Underground Tuning Private Limited's registered office is in Ernakulam, Kerala.
- Registered Address40/1361 (Old No 32/1979 B) Manappilly Netaji Road Palarivattom Edapally P.O, Ernakulam, Kerala, India – 682024
- IndustryMachinery and Equipment, Industrial Tools & Components
- 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
Business activity
The main business activity of Underground Tuning is trade. In detail, this covers retail trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of Underground Tuning Private Limited, buy the company report.
Financials of Underground Tuning Private Limited
FY 2023 filings availableUnderground Tuning Private Limited reported revenue of ₹42.5 Lakh (down 32% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue fell 32% in the latest year. EBITDA fell 6% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | 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 | ₹1.68 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | ₹2,992 | ||
| 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 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 4% | ||
| Net Profit Margin | 0.1% | ||
| 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 Underground Tuning Private Limited, buy the company report.
Board of directors of Underground Tuning Private Limited
Underground Tuning has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Amal Varghese | Director | 31 Mar 2023 | 3 Years 7 Months | Current |
| Nishan David | Managing Director | 01 Jul 2020 | 6 Years 4 Months | Current |
| Deepak Vishnu Dileep Kumar | Director | 01 Jul 2020 | 6 Years 4 Months | Current |
Legal cases
No court or tribunal cases involving Underground Tuning Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Underground Tuning Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Underground Tuning has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 32AACCU6105B1Z1 | Kerala | Active | 16 Nov 2020 |
To see the full GST registrations and return filing status of Underground Tuning Private Limited, buy the company report.
Recent activity
Underground Tuning Private Limited has 6 board changes on record since 2020: 3 appointments and 3 cessations. The latest: Mathew Vathakkattil ceased to be Director on 27 Jul 2023.
Frequently asked questions
Underground Tuning is an active private limited company based in Ernakulam, Kerala, India. The company works in industrial tools and components, within the machinery and equipment industry. It was incorporated on 01 July 2020 (6+ years old) and is registered under CIN U50400KL2020PTC062641.
Underground Tuning has 3 current directors:
- Nishan David - Managing Director
- Amal Varghese - Director
- Deepak Vishnu Dileep Kumar - Director
The latest financial statements of Underground Tuning on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from FY 2021 are in the company report.
The GSTIN of Underground Tuning is 32AACCU6105B1Z1, registered in Kerala.
The CIN (Corporate Identification Number) of Underground Tuning is U50400KL2020PTC062641. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Underground Tuning was incorporated on 01 July 2020, making it 6+ years old. It is registered with the Registrar of Companies, Ernakulam.
Mathew Vathakkattil ceased to be Director on 27 Jul 2023. Amal Varghese was appointed as Director on 31 Mar 2023. Deepak Vishnu Dileep Kumar ceased to be Managing Director on 30 Mar 2023. Underground Tuning has 6 board changes on record in total.
The registered office of Underground Tuning is at 401361 Old No 321979 B Manappilly Netaji Road Palarivattom Edapally P.O, Ernakulam, Kerala, India – 682024.
Underground Tuning operates in the machinery and equipment industry, in the industrial tools and components segment.
Underground Tuning can be reached at its registered office: 401361 Old No 321979 B Manappilly Netaji Road Palarivattom Edapally P.O, Ernakulam, Kerala, India – 682024.
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.
