About Valmet Technologies and Services Private Limited
Data last updated:
Valmet Technologies and Services Private Limited was a private limited company based in Pune, Maharashtra, India, operated as a subsidiary of Valmet Technologies Oy. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the process machinery and industrial equipment segment of the machinery and industrial equipment sector. It was incorporated on 25 August 2005.
The company was registered with the Registrar of Companies (ROC), Pune, under CIN U29299PN2005PTC021183. The company has 3 GST registrations on record, none of which is active.
The company had an authorised share capital of ₹25 Cr and a paid-up capital of ₹21.25 Cr. It was formerly known as Gl&V India Private Limited. It was led by directors including Petri Olavi Paukkunen and Wuthichai Chongcharoenrungrot.
Its last annual general meeting (AGM) was held on 29 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office was at 302 Global Port Mumbai Bangalore Highway Baner, Pune, Maharashtra, India – 411045.
As per the financials filed for FY 2023, the company reported a revenue of ₹146.43 Cr, a growth of 24% compared to the previous year. For the same year it recorded a net profit of ₹50.1 Lakh (net margin 0.3%) and EBITDA of ₹9.72 Cr (EBITDA margin 6.6%). Revenue has grown at a compounded annual rate (CAGR) of 3% over three years.
The company had about 134 employees on its provident fund (EPFO) records before it was dissolved.
The company was associated with 1 brand: Valmet. As per MCA filings, the company had satisfied charges of ₹32.1 Lakh on record. Court records list 2 cases involving the company, including 2 filed against it.
The last known website on record is valmet.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered Address302 Global Port Mumbai Bangalore Highway Baner, Pune, Maharashtra, India – 411045
- IndustryMachinery and Equipment, Process Machinery & Industrial Equipment
- 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
Associated Brands with Valmet Technologies and Services Private Limited
Valmet Technologies and Services operates one associated brand: Valmet. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Supplier of technologies, automation, and services for the pulp, paper and energy industries. | valmet.com |
Business Activity of Valmet Technologies and Services Private Limited
The main business activities of Valmet Technologies and Services are manufacturing and professional, scientific and technical. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment and architecture, engineering activities, technical testing and analysis activities. 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 | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment | Locked |
| M | Professional, Scientific and Technical | M4 | Architecture, engineering activities, technical testing and analysis activities | 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 Valmet Technologies and Services Private Limited FY 2023 filings available
Valmet Technologies and Services Private Limited reported revenue of ₹146.43 Cr (up 24% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR) of Valmet Technologies and Services Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 3% over three years, including 24% growth in the latest year. EBITDA rose 257% 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 Valmet Technologies and Services Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| 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 | ₹9.72 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹50.1 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 Valmet Technologies and Services Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 6.6% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 0.3% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
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 Valmet Technologies 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.
Board of Directors of Valmet Technologies and Services Private Limited
Valmet Technologies and Services has 4 current directors and 13 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Petri Olavi Paukkunen | Director | 24 May 2021 | 5 Years 4 Months | As last reported |
| Wuthichai Chongcharoenrungrot Also directs: Valmet Technologies Private Limited | Director | 19 Sep 2022 | 4 Years 1 Months | As last reported |
| Silvana Franzoni Ereno | Director | 01 Jul 2019 | 7 Years 3 Months | As last reported |
| Santosh Sadashiv Charankar | Director | 01 Mar 2023 | 3 Years 7 Months | As last reported |
Peer Comparison of Valmet Technologies and Services Private Limited
Valmet Technologies and Services Private Limited is compared with the companies closest to it by revenue in the Machinery and Equipment industry (Process Machinery). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Energy-Mission Machineries (India) Limited | ₹151.59 Cr (FY 2025) | •••• | •••• | 19.0% | •••• | Sanand, Gujarat, India |
| Inspiron Engineering Private Limited | ₹151.17 Cr (FY 2025) | •••• | •••• | -8.0% | •••• | Ahmedabad, Gujarat, India |
| Prasad Koch Technik Private Limited | ₹150.54 Cr (FY 2025) | •••• | •••• | 9.0% | •••• | Ahmedabad, Gujarat, India |
| Bectochem Loedige Process Technology Private Limited | ₹149.18 Cr (FY 2025) | •••• | •••• | 29.0% | •••• | Ankaleshwar, Gujarat, India |
| KMC Glass and Aluminium Private Limited | ₹148.36 Cr (FY 2025) | •••• | •••• | 38.0% | •••• | Bangalore, Karnataka, India |
| Valmet Technologies and Services Private Limited this company | ₹146.43 Cr (FY 2023) | •••• | •••• | 24.0% | •••• | Pune, Maharashtra, India |
| Krones Processing India Private Limited | ₹140.72 Cr (FY 2024) | •••• | •••• | 0.0% | •••• | Medchal, Telangana, India |
| Vikram India Ltd | ₹140.68 Cr (FY 2024) | •••• | •••• | 11.0% | •••• | Kolkata, West Bengal, India |
| Cherise (India) Private Limited | ₹140.01 Cr (FY 2025) | •••• | •••• | 55.0% | •••• | Mumbai, Maharashtra, India |
| Voith Paper Technology (India) Private Limited | ₹139.58 Cr (FY 2025) | •••• | •••• | -28.0% | •••• | Kolkata, West Bengal, India |
| Assomac Machines Limited. | ₹137.49 Cr (FY 2025) | •••• | •••• | 10.0% | •••• | Uttar Pradesh, India |
Peers are the five companies nearest above and the five nearest below Valmet Technologies and Services by revenue in the Machinery and Equipment industry (Process Machinery), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Valmet Technologies and Services Private Limited
Valmet Technologies and Services Private Limited is audited by PRICE WATERHOUSE CHARTERED ACCOUNTANTS LLP for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| PRICE WATERHOUSE CHARTERED ACCOUNTANTS LLP | 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.
Ownership and Shareholding of Valmet Technologies 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 Valmet Technologies and Services Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 14 Jun 2019 | The Hongkong and Shanghai Banking Corporation Limited | ₹32.1 Lakh | Satisfied |
Total charge records: 1 View all charges
Legal Cases of Valmet Technologies and Services Private Limited
Valmet Technologies and Services Private Limited has 2 court cases on record: 2 filed against it. All cases are disposed. Status as checked between 02 Oct 2026 and 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 2 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Tax appeal | Filed against the company by Commissioner of Central Excise Pune -I | Disposed |
| Bombay High Court | Court case (NMA) | Filed against the company by Commissioner of Central Excise Pune -I | Disposed |
Full case history
All 2 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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 by Valmet Technologies and Services Private Limited
Valmet Technologies and Services Private Limited has 12 MSME Form 1 returns on record between 2019 and 2023, listing 987 overdue payments to 29 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 29)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| Perfect Packing Associates | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 12 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.
Employees and EPFO Compliance at Valmet Technologies and Services Private Limited
Valmet Technologies and Services Private Limited has a workforce of 134 employees as of Apr 10, 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 Valmet Technologies and Services Private Limited
Valmet Technologies and Services Private Limited has 16 board changes on record since 2007: 4 appointments and 12 cessations. The latest: Santosh Sadashiv Charankar ceased to be Additional Director on 28 Sep 2023.
9 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Valmet Technologies 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.
Subsidiaries & Group Companies of Valmet Technologies 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 Valmet Technologies and Services Private Limited
Valmet Technologies and Services has 3 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
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 Valmet Technologies 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.
Related news about Valmet Technologies and Services Private Limited
Frequently Asked Questions about Valmet Technologies and Services Private Limited
Valmet Technologies and Services has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Valmet Technologies and Services was a private limited company based in Pune, Maharashtra, India. The company worked in process machinery and industrial equipment, within the machinery and equipment industry. It was incorporated on 25 August 2005 and is registered under CIN U29299PN2005PTC021183. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Valmet Technologies and Services was incorporated on 25 August 2005. It is registered with the Registrar of Companies, Pune.
Valmet Technologies and Services had 4 directors:
- Petri Olavi Paukkunen - Director
- Wuthichai Chongcharoenrungrot - Director
- Silvana Franzoni Ereno - Director
- Santosh Sadashiv Charankar - Director
The CIN (Corporate Identification Number) of Valmet Technologies and Services is U29299PN2005PTC021183. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Valmet Technologies and Services is at 302 Global Port Mumbai Bangalore Highway Baner, Pune, Maharashtra, India – 411045.
Valmet Technologies and Services can be reached through the website valmet.com. Its registered office is in Pune, Maharashtra, India.
Valmet Technologies and Services reported revenue of ₹146.43 Cr for FY 2023 (up 24% YoY).
Valmet Technologies and Services has an authorised share capital of ₹25 Cr and a paid-up capital of ₹21.25 Cr.
Valmet Technologies and Services reported a net profit of ₹50.1 Lakh (net margin 0.3%) and EBITDA of ₹9.72 Cr (EBITDA margin 6.6%) for FY 2023, as per its filed financial statements.
No. Valmet Technologies and Services has 3 GST registrations on record and all of them are cancelled or inactive.
Valmet Technologies and Services operated in the machinery and equipment industry, in the process machinery and industrial equipment segment.