Vardhman Strips Pvt. Ltd.
About Vardhman Strips Pvt. Ltd.
Data last updated:
Vardhman Strips Pvt. Ltd. is a private limited company based in Jagadhri, Haryana, India. It operates in the metal manufacturing and processing segment of the metals and mining sector. It was incorporated on 22 February 1995 and has been in existence for over 31 years.
The company is registered with the Registrar of Companies (ROC), Haryana, under CIN U13209HR1995PTC032557. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹1.5 Cr and a paid-up capital of ₹1.27 Cr. It is led by directors Radha Jain and Narinder Pal Jain.
Its last annual general meeting (AGM) was held on 31 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office is at Tejli Gatecourt Road, Jagadhri, Haryana, India.
As per the financials filed for FY 2020, the company reported a revenue of ₹5.86 Lakh, a decline of 99% compared to the previous year. For the same year it recorded a net profit of ₹1,971 (net margin 0.3%) and EBITDA of ₹3.76 Lakh (EBITDA margin 64.1%). Revenue has declined at a compounded annual rate (CAGR) of 87% over three years and 67% over five years.
The company has about 2 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹4.25 Cr and satisfied charges of ₹2.05 Cr on record. Court records list 4 cases involving the company, including 4 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Vardhman Strips Pvt. Ltd.'s registered office is in Jagadhri, Haryana. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Social Media
- Registered AddressTejli Gatecourt Road, Jagadhri, Haryana, India
- IndustryMetals and Minerals, Metal Manufacturing & Processing
To see the full contact details of Vardhman Strips Pvt. Ltd., 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
Financials of Vardhman Strips Pvt. Ltd.
FY 2020 filings availableVardhman Strips Pvt. Ltd. reported revenue of ₹5.86 Lakh (down 99% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 67% over five years, including a 99% fall in the latest year. EBITDA rose 104% 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
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹5.86 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹3.76 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1,971 | ||||
| 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 64.1% | ||||
| 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 | |||||
To see the full financial statements and ratios of Vardhman Strips Pvt. Ltd., buy the company report.
Board of directors of Vardhman Strips Pvt. Ltd.
Vardhman Strips has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Radha Jain | Director | 22 Feb 1995 | 31 Years 8 Months | Current |
| Narinder Pal Jain | Director | 11 May 2002 | 24 Years 5 Months | Current |
Peer comparison
Vardhman Strips Pvt. Ltd. is compared with the 10 companies closest to it by revenue in the Metals and Minerals industry (Metals), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Tata Steel Advanced Materials Limited | ₹6.17 Lakh (FY 2025) | Mumbai, Maharashtra, India | ||||
| Moakweld Mechtech Private Limited | ₹6.03 Lakh (FY 2025) | Karjan, Gujarat, India | ||||
| Isha Metals Pvt Ltd | ₹6 Lakh (FY 2025) | 67.0% | New Delhi, Delhi, India | |||
| Prince Metallurgical & Annealing Private Limited | ₹5.99 Lakh (FY 2021) | -95.0% | Bagalkot, Karnataka, India | |||
| Sai Titanium Products Private Limited | ₹5.98 Lakh (FY 2025) | 53.0% | Chennai, Tamil Nadu, India | |||
| Vardhman Strips Pvt. Ltd.this company | ₹5.86 Lakh (FY 2020) | ₹1,971 | 0.3% | -99.0% | 2 | Jagadhri, Haryana, India |
| Bavarva Metals Private Limited | ₹5.85 Lakh (FY 2017) | 243.0% | Morbi, Gujarat, India | |||
| Web Metals Private Limited | ₹5.82 Lakh (FY 2023) | 486.0% | New Delhi, Delhi, India | |||
| GNQ Copper Private Limited | ₹5.75 Lakh (FY 2025) | -1.0% | Ahmedabad, Gujarat, India | |||
| Sai Siddhi Metals Private Limited | ₹5.71 Lakh (FY 2025) | -6.0% | Mumbai, Maharashtra, India | |||
| Standard Sintered Products Private Limited | ₹5.69 Lakh (FY 2025) | -82.0% | New Delhi, Delhi, India |
To see the full peer comparison of Vardhman Strips Pvt. Ltd., buy the company report.
Auditor
Vardhman Strips Pvt. Ltd. is audited by MALHOTRA A SINGH & ASSOCIATES for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MALHOTRA A SINGH & ASSOCIATES | FY 2019 | 021756N |
Shareholding
The shareholding of Vardhman Strips Pvt. Ltd. is on record for 4 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Vardhman Strips Pvt. Ltd., buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 26 Feb 2010 | 10211473 | State Bank of India | ₹4.25 Cr | Open | |
| 29 Jan 2010 | 10201240 | Punjab National Bank | ₹5 Lakh | Satisfied | |
| 09 Nov 2002 | 90049404 | Punjab National Bank | ₹50 Lakh | Satisfied | |
| 15 Sep 2001 | 90048667 | Punjab National Bank | ₹16 Lakh | Satisfied | |
| 15 Nov 1999 | 90047680 | Punjab National Bank | ₹20 Lakh | Satisfied |
To see the full charge records of Vardhman Strips Pvt. Ltd., buy the company report.
Total charge records: 7 View all charges
Legal cases
Vardhman Strips Pvt. Ltd. has 4 court cases on record: 4 filed against it. 1 case is pending and 3 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 2 | 1 |
| High courts | 2 | 2 | 0 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, North, Delhi | Criminal case | Filed against the company by PNB Housing Finance Ltd. | Disposed |
| High Court of Delhi | Court case (O.M.P.(I) (COMM.)) | Filed against the company by PNB Housing Finance Limited | Disposed |
| District court, Yamunanagar, Haryana | Civil suit | Filed against the company by an individual | Pending |
| High Court, CHANDIGARH (UT) | Tax appeal | Filed against the company by Commissioner of Central Excise Panchkula | Disposed |
To see the full case history of Vardhman Strips Pvt. Ltd., 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 Vardhman Strips Pvt. Ltd.; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Vardhman Strips Pvt. Ltd. has a workforce of 2 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
GST
Vardhman Strips has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Vardhman Strips Pvt. Ltd., buy the company report.
Recent activity
Vardhman Strips Pvt. Ltd. has 4 board changes on record since 1995: 2 appointments and 2 cessations. The latest: Sudesh Pal Jain ceased to be Director on 09 Jan 2015.
11 earlier events are in the company report.
Frequently asked questions
Vardhman Strips is an active private limited company based in Jagadhri, Haryana, India. The company works in metal manufacturing and processing, within the metals and minerals industry. It was incorporated on 22 February 1995 (31+ years old) and is registered under CIN U13209HR1995PTC032557.
Vardhman Strips has 2 current directors:
- Radha Jain - Director
- Narinder Pal Jain - Director
The latest financial statements of Vardhman Strips on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 31 December 2020. Year-wise statements from 2015 are in the company report.
No. Vardhman Strips has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Vardhman Strips is U13209HR1995PTC032557. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Vardhman Strips has 4 court cases on record: 4 filed against it. 1 is pending. Most are in the district courts.
Vardhman Strips was incorporated on 22 February 1995, making it 31+ years old. It is registered with the Registrar of Companies, Haryana.
The peers of Vardhman Strips by revenue are Tata Steel Advanced Materials Limited, Moakweld Mechtech Private Limited, Isha Metals Pvt Ltd, Prince Metallurgical & Annealing Private Limited, Sai Titanium Products Private Limited and 5 more, all in the Metals and Minerals industry (Metals).
Sudesh Pal Jain ceased to be Director on 09 Jan 2015. Bhupinder Kumar Jain ceased to be Director on 30 Apr 2011. Narinder Pal Jain was appointed as Director on 11 May 2002. Vardhman Strips has 4 board changes on record in total.
The registered office of Vardhman Strips is at Tejli Gatecourt Road, Jagadhri, Haryana, India.
Vardhman Strips operates in the metals and minerals industry, in the metal manufacturing and processing segment.