About Vatco Elec Power Private Limited
Data last updated:
Vatco Elec Power Private Limited is a private limited company based in Navi Mumbai, Maharashtra, India. It operates in the power equipment manufacturers segment of the energy and power sector. It was incorporated on 22 January 1992 and has been in existence for over 34 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH1992PTC064998. Its GSTIN is 27AAACV9771E1Z1 (Maharashtra).
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹16.21 Lakh. It is led by directors Vijay Tribhovandas Mody and Madhuri Haresh Mody.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at Plot No.A – 744 Ttc MIDC Indusrial Area Pawane Khairne Village, Navi Mumbai, Maharashtra, India – 400708.
As per the financials filed for FY 2022, the company reported a revenue of ₹16.13 Cr, a decline of 35% compared to the previous year. For the same year it recorded a net loss of ₹88.44 Lakh (net margin -5.5%) and EBITDA of ₹1.67 Cr (EBITDA margin 10.4%). Revenue has declined at a compounded annual rate (CAGR) of 35% over three years and 18% over five years.
As per MCA filings, the company has open charges of ₹40.83 Cr and satisfied charges of ₹40.83 Cr on record. Court records list 21 cases involving the company, including 3 filed by the company and 18 filed against it; 10 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website vatcolectric.com.
Company details
Contact details
Vatco Elec Power Private Limited's registered office is in Navi Mumbai, Maharashtra. Its website is vatcolectric.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressPlot No.A – 744 Ttc MIDC Indusrial Area Pawane Khairne Village, Navi Mumbai, Maharashtra, India – 400708
- IndustryEnergy and Power, Power Equipment Manufacturers
To see the full contact details of Vatco Elec Power 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 Vatco Elec Power is manufacturing. In detail, this covers metal and metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products |
To see the full business activity and turnover split of Vatco Elec Power Private Limited, buy the company report.
Financials of Vatco Elec Power Private Limited
FY 2023 filings availableVatco Elec Power Private Limited reported revenue of ₹16.13 Cr (down 35% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 18% over five years, including a 35% fall 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 | ₹16.13 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹1.67 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹88.44 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
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| Long-term Borrowings | |||||
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| Inventories | |||||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 10.4% | ||||
| Net Profit Margin | -5.5% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
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| Efficiency and Growth | |||||
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| Receivable Days | |||||
| Payable Days | |||||
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| Net Profit Growth | |||||
To see the full financial statements and ratios of Vatco Elec Power Private Limited, buy the company report.
Board of directors of Vatco Elec Power Private Limited
Vatco Elec Power 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 |
|---|---|---|---|---|
| Vijay Tribhovandas Mody Also directs: Vatco Electricals LLP, Sigma Galvanizing Pvt Ltd | Director | 31 May 1996 | 30 Years 5 Months | Current |
| Madhuri Haresh Mody | Director | 03 May 2025 | 1 Years 6 Months | Current |
Auditor
Vatco Elec Power Private Limited is audited by M V Sanghavi & Co for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M V Sanghavi & Co | FY 2022 | 109110W |
Shareholding
The shareholding of Vatco Elec Power 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 category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Vatco Elec Power Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 14 May 2011 | 10293765 | Indian Overseas Bank | ₹21.08 Cr | Satisfied | |
| 08 Dec 1998 | 80020749 | Indian Overseas Bank | ₹19.75 Cr | Satisfied |
To see the full charge records of Vatco Elec Power Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Vatco Elec Power Private Limited has 21 court cases on record: 3 filed by Vatco Elec Power, 18 filed against it. 10 cases are pending and 11 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 18 | 16 | 9 |
| High courts | 3 | 2 | 1 |
Cases on record (5 of 21)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai City Civil Court, Maharashtra | Commercial matter | Filed against the company by Indiana Gratings Private Limited | Pending |
| District court, Hyderabad Central, Telangana | Execution petition | Filed against the company by M/S. Abhishek Re Rolling Mills India Pvt Ltd | Pending |
| District court, Thane, Maharashtra | Court case (Sum.Civ.Suit) | Filed against the company by M K Engineers and Controls Pvt Ltd Through Project Manager Umesh Ambikaprasad Mishra | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summary case) | Filed against the company by M/S Vora Ceramics Pvt Ltd | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summary Case) | Filed against the company by Indiana Gratings Private Limited Through Its Director Manish Dattatray Shedge | Pending |
To see the full case history of Vatco Elec Power 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.
Credit ratings & regulatory alerts
Vatco Elec Power Private Limited was last rated by Crisil on 18 Jan 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 18 Jan 2021 |
To see the full credit ratings and regulatory alerts of Vatco Elec Power Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Vatco Elec Power Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Vatco Elec Power has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACV9771E1Z1 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Vatco Elec Power Private Limited, buy the company report.
Recent activity
Vatco Elec Power Private Limited has 4 board changes on record since 1996: 2 appointments and 2 cessations. The latest: Bipinkumar Champaklal Parekh ceased to be Director on 03 May 2025.
1 earlier event is in the company report.
Frequently asked questions
Vatco Elec Power is an active private limited company based in Navi Mumbai, Maharashtra, India. The company works in power equipment manufacturers, within the energy and power industry. It was incorporated on 22 January 1992 (34+ years old) and is registered under CIN U74999MH1992PTC064998.
Vatco Elec Power has 2 current directors:
- Vijay Tribhovandas Mody - Director
- Madhuri Haresh Mody - Director
The latest financial statements of Vatco Elec Power on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from 2015 are in the company report.
The GSTIN of Vatco Elec Power is 27AAACV9771E1Z1, registered in Maharashtra.
The CIN (Corporate Identification Number) of Vatco Elec Power is U74999MH1992PTC064998. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Vatco Elec Power has 21 court cases on record: 3 filed by the company and 18 filed against it. 10 are pending. Most are in the district courts.
Vatco Elec Power was incorporated on 22 January 1992, making it 34+ years old. It is registered with the Registrar of Companies, Mumbai.
Bipinkumar Champaklal Parekh ceased to be Director on 03 May 2025. Madhuri Haresh Mody was appointed as Director on 03 May 2025. Haresh Balubhai Mody ceased to be Director on 01 Jul 2023. Vatco Elec Power has 4 board changes on record in total.
Vatco Elec Power can be reached through the website vatcolectric.com. Its registered office is in Navi Mumbai, Maharashtra, India.
The registered office of Vatco Elec Power is at Plot No.A – 744 Ttc MIDC Indusrial Area Pawane Khairne Village, Navi Mumbai, Maharashtra, India – 400708.
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