Vardhman Veneers Private Limited
About Vardhman Veneers Private Limited
Data last updated:
Vardhman Veneers Private Limited is a private limited company based in New Delhi, Delhi, India. It operates in the wholesale trading and distribution segment of the trading and commerce sector. It was incorporated on 27 February 1987 and has been in existence for over 39 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U74899DL1987PTC027154. The company has 4 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹75 Lakh and a paid-up capital of ₹52.57 Lakh. It is led by directors Raghav Agarwal and Seema Agarwal.
Its last annual general meeting (AGM) was held on 29 September 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office is at Ed – 15C Iind Floor Madhuban Chowk Pitampura, New Delhi, Delhi, India – 110034.
As per the financials filed for FY 2017, the company reported a revenue of ₹2.71 Lakh, a decline of 95% compared to the previous year. For the same year it recorded a net loss of ₹54,348 (net margin -20%) and EBITDA of -₹12,911 (EBITDA margin -4.8%). Revenue has declined at a compounded annual rate (CAGR) of 76% over three years.
As per MCA filings, the company has satisfied charges of ₹7.41 Cr on record. Court records list 2 cases involving the company, including 1 filed by the company and 1 filed against it.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
Contact details
Vardhman Veneers Private Limited's registered office is in New Delhi, Delhi. Its e-mail address is in the company report.
- Email
- Registered AddressEd – 15C Iind Floor Madhuban Chowk Pitampura, New Delhi, Delhi, India – 110034
- IndustryTrading, Wholesale, Other Wholesale
To see the full contact details of Vardhman Veneers Private 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
Business activity
The main business activity of Vardhman Veneers is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Vardhman Veneers Private Limited, buy the company report.
Financials of Vardhman Veneers Private Limited
FY 2017 filings availableVardhman Veneers Private Limited reported revenue of ₹2.71 Lakh (down 95% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 76% over three years, including a 95% fall in the latest year. EBITDA rose 97% 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 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| 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 | -₹12,911 | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹54,348 | ||
| 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 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | -4.8% | ||
| Net Profit Margin | -20% | ||
| 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 Veneers Private Limited, buy the company report.
Board of directors of Vardhman Veneers Private Limited
Vardhman Veneers has 2 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Raghav Agarwal Also directs: Veera Veeners Limited | Director | 21 Dec 2014 | 11 Years 10 Months | Current |
| Seema Agarwal Also directs: Goldwin Vanijya Private Limited | Additional Director | 04 Aug 2017 | 9 Years 2 Months | Current |
Peer comparison
Vardhman Veneers Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Samprit Formulations Private Limited | ₹2.72 Lakh (FY 2024) | -51.0% | Akola, Maharashtra, India | |||
| Wishugood Private Limited | ₹2.72 Lakh (FY 2020) | Kolkata, West Bengal, India | ||||
| Viashvi Pharmaceuticals Private Limited | ₹2.72 Lakh (FY 2024) | -67.0% | Amethi, Uttar Pradesh, India | |||
| Sumati Fashion Private Limited | ₹2.72 Lakh (FY 2016) | Mumbai, Maharashtra, India | ||||
| Soulglamm Cosmetics Private Limited | ₹2.72 Lakh (FY 2024) | -61.0% | Delhi, India | |||
| Vardhman Veneers Private Limitedthis company | ₹2.71 Lakh (FY 2017) | -₹54,348 | -20% | -95.0% | New Delhi, Delhi, India | |
| Synergy Commotrade Private Limited | ₹2.71 Lakh (FY 2025) | -57.0% | Jharsuguda, Odisha, India | |||
| Micro Vehicles Private Limited (C/N) | ₹2.71 Lakh (FY 2019) | -7.0% | Nagpur, Maharashtra, India | |||
| Aalauru Business Provider Private Limited | ₹2.71 Lakh (FY 2024) | -26.0% | Kolkata, West Bengal, India | |||
| Razzo Healthcare Private Limited | ₹2.71 Lakh (FY 2025) | -77.0% | Ambur, Tamil Nadu, India | |||
| Plutus Spectrum Private Limited | ₹2.71 Lakh (FY 2025) | -95.0% | Raipur, Chhattisgarh, India |
To see the full peer comparison of Vardhman Veneers Private Limited, buy the company report.
Auditor
Vardhman Veneers Private Limited is audited by DIPAK PAUL & ASSOCIATES for the financial year 2016.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| DIPAK PAUL & ASSOCIATES | FY 2016 | 328927E |
Shareholding
The shareholding of Vardhman Veneers Private Limited is on record for 2 financial years, the latest being FY 2016, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2016 | FY 2015 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Vardhman Veneers Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 Jul 2010 | 10236400 | Punjab National Bank | ₹5.83 Cr | Satisfied | |
| 29 Jun 2009 | 10170158 | Punjab National Bank | ₹7.5 Lakh | Satisfied | |
| 16 Feb 2008 | 10096590 | Punjab National Bank | ₹60 Lakh | Satisfied | |
| 04 Aug 1994 | 90033244 | Bank of Baroda | ₹90 Lakh | Satisfied |
To see the full charge records of Vardhman Veneers Private Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
Vardhman Veneers Private Limited has 2 court cases on record: 1 filed by Vardhman Veneers, 1 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
| High courts | 1 | 0 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summons cases SS) | Filed against the company by Shiv Prasad Eco Touchwood Pvt.Ltd | Disposed |
| High Court | Court case (INCOMP) | Filed by the company against Punjab National Bank Bahadurgarh, Haryana | Disposed |
To see the full case history of Vardhman Veneers Private 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 Vardhman Veneers Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Vardhman Veneers has 4 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Vardhman Veneers Private Limited, buy the company report.
Recent activity
Vardhman Veneers Private Limited has 8 board changes on record since 2008: 2 appointments and 6 cessations. The latest: Ravi Saraf ceased to be Additional Director on 04 Aug 2017.
9 earlier events are in the company report.
Frequently asked questions
Vardhman Veneers is an active private limited company based in New Delhi, Delhi, India. The company works in wholesale, within the trading industry. It was incorporated on 27 February 1987 (39+ years old) and is registered under CIN U74899DL1987PTC027154.
Vardhman Veneers has 2 current directors:
- Raghav Agarwal - Director
- Seema Agarwal - Additional Director
The latest financial statements of Vardhman Veneers on record with the MCA are for the year ended 31 March 2017. Its last annual general meeting was held on 29 September 2017. Year-wise statements from 2015 are in the company report.
No. Vardhman Veneers has 4 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of Vardhman Veneers is U74899DL1987PTC027154. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Vardhman Veneers has 2 court cases on record: 1 filed by the company and 1 filed against it. Most are in the district courts.
Vardhman Veneers was incorporated on 27 February 1987, making it 39+ years old. It is registered with the Registrar of Companies, Delhi.
The peers of Vardhman Veneers by revenue are Samprit Formulations Private Limited, Wishugood Private Limited, Viashvi Pharmaceuticals Private Limited, Sumati Fashion Private Limited, Soulglamm Cosmetics Private Limited and 5 more, all in the same principal business activity (wholesale trading).
Ravi Saraf ceased to be Additional Director on 04 Aug 2017. Seema Agarwal was appointed as Additional Director on 04 Aug 2017. Seema Agarwal ceased to be Director on 08 Mar 2017. Vardhman Veneers has 8 board changes on record in total.
The registered office of Vardhman Veneers is at Ed – 15C Iind Floor Madhuban Chowk Pitampura, New Delhi, Delhi, India – 110034.
Vardhman Veneers operates in the trading industry, in the wholesale segment.