About Unitech Machines Limited
Data last updated:
Unitech Machines Limited is a public limited company based in New Delhi, Delhi, India. The company is currently undergoing Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency professional. It operates in the auto parts and components segment of the automotive sector. It was incorporated on 28 February 1986.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U34300DL1986PLC023498. Its GSTIN is 07AAACU0313P1ZD (Delhi). The company holds 34 GST registrations, of which 9 are active.
The company has an authorised share capital of ₹50 Cr and a paid-up capital of ₹38.47 Cr. It is led by directors including Verinder Kumar Chhabra (Managing Director) and Sushant Chhabra.
Its last annual general meeting (AGM) was held on 30 September 2016, and its latest financial statements are for the year ended 31 March 2016. The registered office is at 806 Devika Tower 6. Nehru Place, New Delhi, Delhi, India – 110019.
As per the financials filed for FY 2016, the company reported a revenue of ₹613.77 Cr, a decline of 11% compared to the previous year. For the same year it recorded a net loss of ₹50.85 Cr (net margin -8.3%) and EBITDA of ₹64.51 Cr (EBITDA margin 10.5%).
The company has about 10 employees on its provident fund (EPFO) records. Its group structure includes 4 subsidiaries.
The company is associated with 1 brand: Unitech Machines. As per MCA filings, the company has open charges of ₹2,474.36 Cr and satisfied charges of ₹2,270.25 Cr on record. Court records list 154 cases involving the company, including 64 filed by the company and 90 filed against it; 22 cases are pending. The company has 12 deals on record (7 funding rounds, 4 secondary share transfers, 1 rights issue), with disclosed funding of ₹52.94 Cr; the latest was in March 2015. Its 3 peer companies in the Automobiles industry (Auto Ancillary, Foundry and Fabrication), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment) are compared by revenue, 1 larger and 2 smaller; the largest is Mobase Electronics India Private Limited with revenue of ₹755.55 Cr.
The last known website on record is unitechmachines.com.
Company details
Contact details
Unitech Machines Limited's registered office is in New Delhi, Delhi. Its website is unitechmachines.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address806 Devika Tower 6. Nehru Place, New Delhi, Delhi, India – 110019
- IndustryAutomotive, Auto Parts & Components
To see the full contact details of Unitech Machines 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
Brands
Unitech Machines operates one associated brand: Unitech Machines. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provider of engineering and manufacturing services for oil & gas, power, and telecom sector | unitechmachines.com |
Business activity
The main business activities of Unitech Machines are manufacturing and construction. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment and demolition & site preparation, electrical, plumbing & other specialized construction activities. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment | |
| F | Construction | F3 | Demolition & site preparation, Electrical, plumbing & other Specialized construction Activities |
To see the full business activity and turnover split of Unitech Machines Limited, buy the company report.
Financials of Unitech Machines Limited
FY 2016 filings availableUnitech Machines Limited reported revenue of ₹613.77 Cr (down 11% YoY) for FY 2016.
Compounded Annual Growth Rate (CAGR)
Revenue fell 11% in the latest year. EBITDA fell 44% 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 | ₹613.77 Cr | |
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | ₹64.51 Cr | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | -₹50.85 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 2015-16 | FY 2014-15 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 10.5% | |
| Net Profit Margin | -8.3% | |
| 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 Unitech Machines Limited, buy the company report.
Board of directors of Unitech Machines Limited
Unitech Machines has 3 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sushant Chhabra Also directs: Um Automotive Private Limited, Alpha Maier Private Limited, Um Autocomp Private Limited and 3 more | Director | 01 Oct 2012 | 14 Years 1 Months | As last reported |
| Verinder Kumar Chhabra Also directs: Um Automotive Private Limited, Um Autocomp Private Limited, Unitech Indraprastha TV Limited and 2 more | Managing Director | 28 Feb 1986 | 40 Years 8 Months | As last reported |
| Nargis Malik | Director | 08 Dec 2000 | 25 Years 10 Months | As last reported |
Peer comparison
Unitech Machines Limited is compared with the 3 companies closest to it by revenue in the Automobiles industry (Auto Ancillary, Foundry and Fabrication), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Mobase Electronics India Private Limited | ₹755.55 Cr (FY 2023) | 63.0% | Tiruvallur, Tamil Nadu, India | |||
| Somic India Private Limited | ₹746.84 Cr (FY 2025) | 8.0% | New Delhi, Delhi, India | |||
| Eaton Industrial Systems Private Limited | ₹743.12 Cr (FY 2025) | -15.0% | Pune, Maharashtra, India | |||
| Unitech Machines Limitedthis company | ₹613.77 Cr (FY 2016) | -₹50.85 Cr | -8.3% | -11.0% | 10 | New Delhi, Delhi, India |
To see the full peer comparison of Unitech Machines Limited, buy the company report.
Auditor
Unitech Machines Limited is audited by Wahi & Co. for the financial year 2016.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Wahi & Co. | FY 2016 | 000462N |
Shareholding
The shareholding of Unitech Machines Limited is on record for FY 2015, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2015 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Foreign institutional investors (FII) | |
| Public | |
| Others |
To see the full shareholding pattern of Unitech Machines Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 02 Jul 2018 | 100187590 | Standard Chartered Bank | ₹8 Cr | Open | |
| 06 Sep 2017 | 100148005 | Others | ₹246 Cr | Open | |
| 31 Aug 2017 | 100140650 | Idbi Trusteeship Services Limited | ₹411.8 Cr | Open | |
| 21 Apr 2017 | 100119932 | Others | ₹26.8 Cr | Open | |
| 09 Mar 2016 | 100032721 | Others | ₹8 Cr | Open |
To see the full charge records of Unitech Machines Limited, buy the company report.
Total charge records: 77 View all charges
Deals & funding
Unitech Machines Limited has 12 deals on record (7 funding rounds, 4 secondary share transfers, 1 rights issue), with disclosed funding of ₹52.94 Cr; the latest was in March 2015.
Deals on record (5 of 12)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2015 | Secondary share transfer | Undisclosed | Buyer: Trading Engineers (International) Limited Seller: Techno Trexim (India) Private Limited |
| Jun 2014 | Rights issue | ₹30.9 Cr | Investors: Techno Trexim (India) Private Limited |
| Mar 2014 | Funding round | ₹19.3 Cr | Investors: Techno Auto Components (India) Private Limited , Gessup Finance and Logistics Pvt Ltd, Sab Holdings (India) Private Limited |
| Mar 2014 | Secondary share transfer | Undisclosed | Buyer: Techno Trexim (India) Private Limited Seller: Techno Auto Components (India) Private Limited |
| Mar 2013 | Funding round | ₹16.15 Cr | Investors: Instronics Limited , Sab Holdings (India) Private Limited , Techno Auto Components (India) Private Limited |
To see the full deal history of Unitech Machines Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Unitech Machines Limited has 154 court cases on record: 64 filed by Unitech Machines, 90 filed against it. 22 cases are pending and 132 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 78 | 27 | 14 |
| District courts | 64 | 55 | 6 |
| Supreme Court | 6 | 2 | 1 |
| NCLAT | 5 | 5 | 0 |
| NCLT | 1 | 1 | 1 |
Cases on record (5 of 154)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, UTTARAKHAND | Court case (AO) | Filed against the company by Oriental Insurance Company Ltd. | Pending |
| High Court of Delhi | Writ petition | Filed by the company against Bharat Heavy Electricals Ltd Anr & Anr. | Pending |
| High Court of Delhi | Court case (CCP(CO.)) | Filed against the company by JRG Automotive ( India) Pvt Ltd | Pending |
| NCLAT, NCLAT New Delhi | Insolvency matter | Filed against the company by Idbi Trusteeship Services Limited | Disposed |
| NCLAT, NCLAT New Delhi | Court case (Caveat) | Filed against the company by Idbi Trusteeship Services Limited | Disposed |
To see the full case history of Unitech Machines 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 Unitech Machines Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Unitech Machines has 4 subsidiary companies and 4 associated companies. This group structure data is as of FY 2015. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Um Green Lighting Private Limited | U31500DL2010PTC210780 | |
| Alpha Maier Private Limited | U35990DL2010PTC202385 | |
| Um Corporate and Management Services Private Limited | U74140DL2005PTC138859 | |
| Unitech Indraprastha TV Limited | U92132DL2002PLC116746 |
To see the full group structure of Unitech Machines Limited, buy the company report.
Employees & EPFO
Unitech Machines Limited has a workforce of 10 employees on its EPFO records as of Apr 07, 2024, across 6 active EPFO establishments.
GST
Unitech Machines has 34 GST registrations: 9 active and 25 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AAACU0313P1ZD | Delhi | Active | 01 Jul 2017 |
| 10AAACU0313P3ZO | Bihar | Active | 29 Jun 2020 |
| 27AAACU0313P2ZA | Maharashtra | Active | 21 Jul 2020 |
| 22AAACU0313P3ZJ | Chhattisgarh | Active | 08 Sep 2020 |
To see the full GST registrations and return filing status of Unitech Machines Limited, buy the company report.
Recent activity
Unitech Machines Limited has 13 board changes on record since 1986: 3 appointments and 10 cessations. The latest: Nargis Malik ceased to be Director on 09 Oct 2019.
146 earlier events are in the company report.
Frequently asked questions
Unitech Machines is undergoing "Corporate Insolvency Resolution Process" (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency resolution professional. The company may not be able to independently enter into new commitments during this period. This is a high-risk status - verify the resolution status before any engagement.
Unitech Machines is a company under insolvency, formerly operating as a public limited company based in New Delhi, Delhi, India. The company works in auto parts and components, within the automotive industry. It was incorporated on 28 February 1986 and is registered under CIN U34300DL1986PLC023498. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Unitech Machines has 3 current directors:
- Verinder Kumar Chhabra - Managing Director
- Sushant Chhabra - Director
- Nargis Malik - Director
The latest financial statements of Unitech Machines on record with the MCA are for the year ended 31 March 2016. Its last annual general meeting was held on 30 September 2016. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Unitech Machines is U34300DL1986PLC023498. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Unitech Machines has open charges of ₹2,474.36 Cr and satisfied charges of ₹2,270.25 Cr as per latest MCA filings.
Unitech Machines has 154 court cases on record: 64 filed by the company and 90 filed against it. 22 are pending. Most are in the high courts.
Unitech Machines was incorporated on 28 February 1986. It is registered with the Registrar of Companies, Delhi.
Unitech Machines has 12 deals on record (7 funding rounds, 4 secondary share transfers, 1 rights issue), with disclosed funding of ₹52.94 Cr; the latest was in March 2015.
The peers of Unitech Machines by revenue are Mobase Electronics India Private Limited, Somic India Private Limited, Eaton Industrial Systems Private Limited, all in the Automobiles industry (Auto Ancillary, Foundry and Fabrication), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment).
Nargis Malik ceased to be Director on 09 Oct 2019. Deepak Kumar Sinha ceased to be Director on 06 Mar 2018. Nitesh Kumar Sinha ceased to be Director on 06 Mar 2018. Unitech Machines has 13 board changes on record in total.
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