Valeth Hightech Composites Private Limited

Valeth Hightech Composites Private Limited - aerospace, maritime and defense in Kelambakkam, Tamil Nadu, India. FY 2026 financials & compliance.
CIN U17114TN1990PTC018923 Incorporated 23 March 1990 ROC Chennai HQ Kelambakkam, Tamil Nadu, India
Active Private Limited Company aerospace, maritime and defense MSME · Small
Revenue · FY 2024
₹45.17 Cr
▲ 47% YoY
Net profit · FY 2024
₹2.1 Cr
Net margin 4.6%
EBITDA · FY 2024
₹5.93 Cr
EBITDA margin 13.1%
Authorised capital
₹2 Cr
Registered with MCA
Paid-up capital
₹1.69 Cr
Issued & subscribed
Open charges
₹43.37 Cr
Satisfied ₹68.3 Cr
Company age
36 yrs
Est. 1990
Employees · EPFO
113
Provident fund records

About Valeth Hightech Composites Private Limited

Data last updated:

Valeth Hightech Composites Private Limited is a private limited company based in Kelambakkam, Tamil Nadu, India. It operates in the defence accessories and components segment of the aerospace, maritime and defence sector. It was incorporated on 23 March 1990 and has been in existence for over 36 years.

The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U17114TN1990PTC018923. Its GSTIN is 33AAACV1999E1ZA (Tamil Nadu). The company holds 3 GST registrations, all of them active.

The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹1.69 Cr. It is led by directors Nitin Peter Valeth (Managing Director) and Valeth Peter Paulose.

Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at S – No 56 Kazhipatturvillage Padur Post Kelambakkam, Tamil Nadu, India – 603103.

As per the financials filed for FY 2024, the company reported a revenue of ₹45.17 Cr, a growth of 47% compared to the previous year. For the same year it recorded a net profit of ₹2.1 Cr (net margin 4.6%) and EBITDA of ₹5.93 Cr (EBITDA margin 13.1%). Revenue has grown at a compounded annual rate (CAGR) of 28% over three years and 26% over five years.

The company has about 113 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: Valeth. As per MCA filings, the company has open charges of ₹43.37 Cr and satisfied charges of ₹68.3 Cr on record. Court records list 9 cases involving the company, including 9 filed by the company; 1 case is pending.

Valeth Hightech Composites Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-08-0008443). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website valeth.com.

Company details

CIN U17114TN1990PTC018923
Registration Number 018923
Incorporation Date 23 March 1990
ROC Chennai
Listing Status Unlisted
Company Status Active
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-TN-08-0008443

Recognitions & Rankings of Valeth Hightech Composites

MSME (Udyam registered) Ministry of MSME
Category
Small (2024-25)
Udyam number
UDYAM-TN-08-0008443

Contact details

Valeth Hightech Composites Private Limited's registered office is in Kelambakkam, Tamil Nadu. Its website is valeth.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
  • Social Media
  • Registered Address
    S – No 56 Kazhipatturvillage Padur Post Kelambakkam, Tamil Nadu, India – 603103
  • Industry
    Aerospace, Maritime and Defense, Defence Accessories & Components

To see the full contact details of Valeth Hightech Composites Private Limited, buy the company report.

Comprehensive company report
Valeth Hightech Composites Private Limited - one report that includes everything
  • 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
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Brands

Valeth Hightech Composites operates one associated brand: Valeth. Each brand links to its own profile.

BrandDescriptionWebsite
Manufacturing of composites for aerospace, defense, and marine sectors.valeth.com

Business activity

The main business activity of Valeth Hightech Composites is manufacturing. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC8Plastic products, non-metallic mineral products, rubber products, fabricated metal products

To see the full business activity and turnover split of Valeth Hightech Composites Private Limited, buy the company report.

Financials of Valeth Hightech Composites Private Limited

FY 2024 filings available

Valeth Hightech Composites Private Limited reported revenue of ₹45.17 Cr (up 47% YoY) for FY 2024.

Revenue · FY 2024
₹45.17 Cr ▲ 47%
Net profit · FY 2024
₹2.1 Cr margin 4.6%
EBITDA · FY 2024
₹5.93 Cr margin 13.1%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 47%
3 years · compounded
▲ 28%
5 years · compounded
▲ 26%
EBITDA CAGR growth
1 year
▲ 74%
3 years · compounded
▲ 22%
5 years · compounded
▲ 18%

Revenue has grown at a compounded annual rate (CAGR) of 26% over five years, including 47% growth in the latest year. EBITDA rose 74% 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 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₹5.93 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹2.1 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin13.1%
Net Profit Margin4.6%
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 Valeth Hightech Composites Private Limited, buy the company report.

Board of directors of Valeth Hightech Composites Private Limited

Valeth Hightech Composites has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Valeth Peter PauloseDirector29 Sep 200125 Years 1 MonthsCurrent
Nitin Peter ValethManaging Director30 Sep 201016 Years 1 MonthsCurrent

Auditor

Valeth Hightech Composites Private Limited is audited by BRAHMAYYA & CO for the financial year 2023.

Auditor firmFinancial yearFirm registration number
BRAHMAYYA & COFY 2023000511S

Shareholding

The shareholding of Valeth Hightech Composites Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Valeth Hightech Composites Private Limited, buy the company report.

Charges & borrowings

Open charges
₹43.37 Cr
Satisfied charges
₹68.3 Cr
Breakdown by lending institutions
Axis Bank Limited₹43.00 Cr
Assistant Commissioner Commercial Taxes₹0.30 Cr
Hdfc Bank Limited₹0.07 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
19 Aug 2025101147826Hdfc Bank Limited₹7.3 LakhOpen
13 Jul 2024100953835Axis Bank Limited₹43 CrOpen
05 Nov 199690293660Assistant Commissioner Commercial Taxes₹30.19 LakhOpen
24 Jul 2017100126939Hdfc Bank Limited₹43.18 CrSatisfied
04 Jun 201110292556Axis Bank Limited₹19.65 CrSatisfied

To see the full charge records of Valeth Hightech Composites Private Limited, buy the company report.

Total charge records: 13 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Valeth Hightech Composites Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Valeth Hightech Composites has 3 GST registrations: 3 active.

Total GSTINs
3
Active
3
GSTINStateStatusRegistered on
33AAACV1999E1ZATamil NaduActive01 Jul 2017
32AAACV1999E1ZCKeralaActive01 Jul 2017
36AAACV1999E1Z4TelanganaActive01 Jul 2017

To see the full GST registrations and return filing status of Valeth Hightech Composites Private Limited, buy the company report.

Recent activity

Valeth Hightech Composites Private Limited has 4 board changes on record since 2001: 3 appointments and 1 cessation. The latest: Asha Peter Valeth ceased to be Director on 15 Feb 2011.

Charges
A charge with Axis Bank Limited of Rs. 43.00 Cr registered on 13 Jul 2024 with Charge ID 100953835 was modified on 05 Jan 2026.
Charges
A charge registered on 24 Jul 2017 via Charge ID 100126939 with Hdfc Bank Limited was fully satisfied on 06 Sep 2025.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.07 Cr with Charge ID 101147826 was registered on 19 Aug 2025.
AGM
Valeth Hightech Composites Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Charges
A charge with Axis Bank Limited amounted to Rs. 43.00 Cr with Charge ID 100953835 was registered on 13 Jul 2024.
Filing
Valeth Hightech Composites Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.
Charges
A charge with Hdfc Bank Limited of Rs. 43.18 Cr registered on 24 Jul 2017 with Charge ID 100126939 was modified on 30 Nov 2022.
Charges
A charge registered on 04 Jun 2011 via Charge ID 10292556 with Axis Bank Limited was fully satisfied on 18 Nov 2017.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 43.18 Cr with Charge ID 100126939 was registered on 24 Jul 2017.
Charges
A charge with Axis Bank Limited of Rs. 19.65 Cr registered on 04 Jun 2011 with Charge ID 10292556 was modified on 16 Sep 2015.
Charges
A charge registered on 24 Aug 1992 via Charge ID 90291379 with The Tamil Nadu Industrial Investment Corporation Limited was fully satisfied on 23 Jul 2013.
Charges
A charge registered on 18 Aug 1992 via Charge ID 90291378 with The Temil Nadu Industrial Investment was fully satisfied on 23 Jul 2013.

23 earlier events are in the company report.

Frequently asked questions

Valeth Hightech Composites is an active private limited company based in Kelambakkam, Tamil Nadu, India. The company works in defence accessories and components, within the aerospace, maritime and defense industry. It was incorporated on 23 March 1990 (36+ years old) and is registered under CIN U17114TN1990PTC018923.

Valeth Hightech Composites has 2 current directors:

The latest financial statements of Valeth Hightech Composites on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.

The GSTIN of Valeth Hightech Composites is 33AAACV1999E1ZA, registered in Tamil Nadu. The company has 3 GST registrations in all, of which 3 are active. Other active GSTINs include 32AAACV1999E1ZC (Kerala), 36AAACV1999E1Z4 (Telangana).

The CIN (Corporate Identification Number) of Valeth Hightech Composites is U17114TN1990PTC018923. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Valeth Hightech Composites has 9 court cases on record: 9 filed by the company. 1 is pending. Most are in the high courts.

Valeth Hightech Composites was incorporated on 23 March 1990, making it 36+ years old. It is registered with the Registrar of Companies, Chennai.

Asha Peter Valeth ceased to be Director on 15 Feb 2011. Nitin Peter Valeth was appointed as Managing Director on 30 Sep 2010. Asha Peter Valeth was appointed as Director on 29 Sep 2001. Valeth Hightech Composites has 4 board changes on record in total.

Yes, Valeth Hightech Composites is registered as a small enterprise under Udyam registration (number: UDYAM-TN-08-0008443).

Valeth Hightech Composites can be reached through the website valeth.com. Its registered office is in Kelambakkam, Tamil Nadu, India.