Vartika Wire Products Private Limited
About Vartika Wire Products Private Limited
Data last updated:
Vartika Wire Products Private Limited is a private limited company based in Hyderabad, Telangana, India. It operates in the cable and wire segment of the manufacturing sector. It was incorporated on 04 October 1995 and has been in existence for over 31 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U28112TG1995PTC021905. Its GSTIN is 36AAACV8149G1Z4 (Telangana). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹17.15 Lakh. It is led by directors Kasturi Mutha and Vaibhav Mutha.
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 A – 8 Road No 9 Ida Nacharam Hyderabad, Telangana, India – 500076.
As per the financials filed for FY 2022, the company reported a revenue of ₹37.54 Lakh, a growth of 12% compared to the previous year. For the same year it recorded a net profit of ₹28.88 Lakh (net margin 76.9%) and EBITDA of -₹88,295 (EBITDA margin -2.4%). Revenue has grown at a compounded annual rate (CAGR) of 2% over three years.
As per MCA filings, the company has open charges of ₹50.58 Cr and satisfied charges of ₹2.66 Cr on record. Court records list 6 cases involving the company, including 5 filed by the company and 1 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
Vartika Wire Products has one previous CIN (Corporate Identification Number): U28112AP1995PTC021905. The current CIN is U28112TG1995PTC021905, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U28112TG1995PTC021905 | Current |
| U28112AP1995PTC021905 | Previous |
Contact details
Vartika Wire Products Private Limited's registered office is in Hyderabad, Telangana. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressA – 8 Road No 9 Ida Nacharam Hyderabad, Telangana, India – 500076
- IndustryManufacturing, Cable & Wire
To see the full contact details of Vartika Wire Products 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
Financials of Vartika Wire Products Private Limited
FY 2024 filings availableVartika Wire Products Private Limited reported revenue of ₹37.54 Lakh (up 12% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 2% over three years, including 12% growth 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹37.54 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹88,295 | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹28.88 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
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -2.4% | ||||
| Net Profit Margin | 76.9% | ||||
| 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 Vartika Wire Products Private Limited, buy the company report.
Board of directors of Vartika Wire Products Private Limited
Vartika Wire Products has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kasturi Mutha | Director | 04 Oct 1995 | 31 Years 1 Months | Current |
| Vaibhav Mutha | Director | 01 Jul 2003 | 23 Years 4 Months | Current |
Auditor
Vartika Wire Products Private Limited is audited by V.K.ASTHANA & CO. for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| V.K.ASTHANA & CO. | FY 2022 | 000263S |
Shareholding
The shareholding of Vartika Wire Products Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Vartika Wire Products Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 12 Aug 2024 | 100975728 | Others | ₹8 Cr | Open | |
| 26 Mar 2024 | 100898146 | Others | ₹27 Cr | Open | |
| 26 Mar 2024 | 100896645 | Others | ₹7.56 Cr | Open | |
| 21 Mar 2014 | 10504263 | Hdfc Bank Limited | ₹31 Lakh | Open | |
| 28 Aug 2012 | 10374313 | Hdfc Bank Limited | ₹1.5 Cr | Open |
To see the full charge records of Vartika Wire Products Private Limited, buy the company report.
Total charge records: 7 View all charges
Legal cases
Vartika Wire Products Private Limited has 6 court cases on record: 5 filed by Vartika Wire Products, 1 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 4 | 1 | 0 |
| District courts | 2 | 0 | 0 |
Cases on record (5 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Hyderabad CCC, Telangana | Criminal complaint | Filed by the company against Jupiter Cables Pvt.Ltd., | Disposed |
| High Court, TELANGANA | Writ petition | Filed by the company against Andhra Pradesh Electricity Regulatory Commission and 4 others | Disposed |
| District court, Rangareddy, Telangana | Civil suit | Filed by the company against Ms. Jupiter Cables (P) Ltd, Reptd., by | Disposed |
| High Court, TELANGANA | Writ petition | Filed by the company against individuals | Disposed |
| High Court, TELANGANA | Court case (OSA) | Filed against the company by M\S.Srinisons Cables Ltd Its C&M.D Hyd | Disposed |
To see the full case history of Vartika Wire Products 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 Vartika Wire Products Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Vartika Wire Products has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AAACV8149G1Z4 | Telangana | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Vartika Wire Products Private Limited, buy the company report.
Recent activity
Vartika Wire Products Private Limited has 3 board changes on record since 1995: 2 appointments and 1 cessation. The latest: Allka Mutha ceased to be Director on 01 Oct 2010.
7 earlier events are in the company report.
Frequently asked questions
Vartika Wire Products is an active private limited company based in Hyderabad, Telangana, India. The company works in cable and wire, within the manufacturing industry. It was incorporated on 04 October 1995 (31+ years old) and is registered under CIN U28112TG1995PTC021905.
Vartika Wire Products has 2 current directors:
- Kasturi Mutha - Director
- Vaibhav Mutha - Director
The latest financial statements of Vartika Wire Products 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 Vartika Wire Products is 36AAACV8149G1Z4, registered in Telangana. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Vartika Wire Products is U28112TG1995PTC021905. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Vartika Wire Products has 6 court cases on record: 5 filed by the company and 1 filed against it. Most are in the high courts.
Vartika Wire Products was incorporated on 04 October 1995, making it 31+ years old. It is registered with the Registrar of Companies, Hyderabad.
Allka Mutha ceased to be Director on 01 Oct 2010. Vaibhav Mutha was appointed as Director on 01 Jul 2003. Kasturi Mutha was appointed as Director on 04 Oct 1995.
The registered office of Vartika Wire Products is at A – 8 Road No 9 Ida Nacharam Hyderabad, Telangana, India – 500076.
Vartika Wire Products operates in the manufacturing industry, in the cable and wire segment.
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