VC Ocean Engineering and Consultancy Private Limited
About VC Ocean Engineering and Consultancy Private Limited
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VC Ocean Engineering and Consultancy Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the engineering design and consultancy segment of the engineering sector. It was incorporated on 01 April 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U74210TN2008PTC067137. Its GSTIN is 33AACCV6987C1Z6 (Tamil Nadu).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹2.5 Lakh. It is led by directors including Sundaravadivelu Sakthivel (Managing Director) and Vanaja Sundaravadivelu.
Its last annual general meeting (AGM) was held on 30 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office is at No.10(53) Sanjeevi Street Arumbakkam, Chennai, Tamil Nadu, India – 600106.
As per the financials filed for FY 2018, the company reported a revenue of ₹35 Lakh, a decline of 9% compared to the previous year. For the same year it recorded a net profit of ₹66,129 (net margin 1.9%) and EBITDA of ₹9.06 Lakh (EBITDA margin 25.9%). Revenue has declined at a compounded annual rate (CAGR) of 13% over three years.
As per MCA filings, the company has open charges of ₹65 Lakh and satisfied charges of ₹38 Lakh on record.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
Contact details
VC Ocean Engineering and Consultancy Private Limited's registered office is in Chennai, Tamil Nadu. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressNo.10(53) Sanjeevi Street Arumbakkam, Chennai, Tamil Nadu, India – 600106
- IndustryEngineering, Engineering Design & Consultancy
To see the full contact details of VC Ocean Engineering and Consultancy 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 VC Ocean Engineering and Consultancy is manufacturing. In detail, this covers other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C13 | Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities |
To see the full business activity and turnover split of VC Ocean Engineering and Consultancy Private Limited, buy the company report.
Financials of VC Ocean Engineering and Consultancy Private Limited
FY 2018 filings availableVC Ocean Engineering and Consultancy Private Limited reported revenue of ₹35 Lakh (down 9% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 13% over three years, including a 9% fall in the latest year. EBITDA rose 108% 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ₹35 Lakh | |||
| Other Income | ||||
| Total Revenue | ||||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | ₹9.06 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | ₹66,129 | |||
| Balance Sheet | ||||
| Share Capital | ||||
| Reserves and Surplus | ||||
| Net Worth (Total Equity) | ||||
| Long-term Borrowings | ||||
| Short-term Borrowings | ||||
| Trade Payables | ||||
| Total Liabilities | ||||
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| Inventories | ||||
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Financial Ratios
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 25.9% | |||
| Net Profit Margin | 1.9% | |||
| Return on Equity (ROE) | ||||
| Return on Capital Employed (ROCE) | ||||
| Return on Assets (ROA) | ||||
| Liquidity and Debt | ||||
| Current Ratio | ||||
| Quick Ratio | ||||
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| 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 VC Ocean Engineering and Consultancy Private Limited, buy the company report.
Board of directors of VC Ocean Engineering and Consultancy Private Limited
VC Ocean Engineering and Consultancy has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sundaravadivelu Sakthivel | Managing Director | 01 Oct 2009 | 17 Years 1 Months | Current |
| Vanaja Sundaravadivelu | Director | 01 Apr 2008 | 18 Years 7 Months | Current |
| Chandra Kalyanasundaram | Director | 01 Apr 2008 | 18 Years 7 Months | Current |
Auditor
VC Ocean Engineering and Consultancy Private Limited is audited by SANKAR & CO for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SANKAR & CO | FY 2018 | 012794S |
Shareholding
The shareholding of VC Ocean Engineering and Consultancy Private Limited is on record for 4 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of VC Ocean Engineering and Consultancy Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 23 Mar 2016 | 100017648 | Others | ₹65 Lakh | Open | |
| 20 Feb 2010 | 10206005 | State Bank of India | ₹38 Lakh | Satisfied |
To see the full charge records of VC Ocean Engineering and Consultancy Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
No court or tribunal cases involving VC Ocean Engineering and Consultancy Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for VC Ocean Engineering and Consultancy Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
VC Ocean Engineering and Consultancy has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AACCV6987C1Z6 | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of VC Ocean Engineering and Consultancy Private Limited, buy the company report.
Recent activity
VC Ocean Engineering and Consultancy Private Limited has 4 board changes on record since 2008: 3 appointments and 1 cessation. The latest: Sundaravadivelu Sakthivel was appointed as Managing Director on 01 Oct 2009.
Frequently asked questions
VC Ocean Engineering and Consultancy is an active private limited company based in Chennai, Tamil Nadu, India. The company works in engineering design and consultancy, within the engineering industry. It was incorporated on 01 April 2008 (18+ years old) and is registered under CIN U74210TN2008PTC067137.
VC Ocean Engineering and Consultancy has 3 current directors:
- Sundaravadivelu Sakthivel - Managing Director
- Vanaja Sundaravadivelu - Director
- Chandra Kalyanasundaram - Director
The latest financial statements of VC Ocean Engineering and Consultancy on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 30 September 2018. Year-wise statements from 2015 are in the company report.
The GSTIN of VC Ocean Engineering and Consultancy is 33AACCV6987C1Z6, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of VC Ocean Engineering and Consultancy is U74210TN2008PTC067137. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
VC Ocean Engineering and Consultancy was incorporated on 01 April 2008, making it 18+ years old. It is registered with the Registrar of Companies, Chennai.
Sundaravadivelu Sakthivel was appointed as Managing Director on 01 Oct 2009. Natarajan Kalyanasundaram ceased to be Director on 23 Apr 2008. Chandra Kalyanasundaram was appointed as Director on 01 Apr 2008. VC Ocean Engineering and Consultancy has 4 board changes on record in total.
The registered office of VC Ocean Engineering and Consultancy is at No.1053 Sanjeevi Street Arumbakkam, Chennai, Tamil Nadu, India – 600106.
VC Ocean Engineering and Consultancy operates in the engineering industry, in the engineering design and consultancy segment.
VC Ocean Engineering and Consultancy has open charges of ₹65 Lakh and satisfied charges of ₹38 Lakh as per latest MCA filings.
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