MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-TN-22-0000811
Velmurugan Heavy Engineering Industries Private Limited - machinery and equipment in Thanjavur, Tamil Nadu, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹61.25 Cr
▼ 30% YoY
Net profit · FY 2025
₹1.22 Cr
Net margin 2%
EBITDA · FY 2025
₹8.84 Cr
EBITDA margin 14.4%
Authorised capital
₹9 Cr
Registered with MCA
Paid-up capital
₹5.88 Cr
Issued & subscribed
Open charges
₹58.75 Cr
Satisfied ₹3.01 Cr
Company age
37 yrs
Est. 1989
Employees · EPFO
288
Provident fund records
About Velmurugan Heavy Engineering Industries Private Limited
Data last updated:
Velmurugan Heavy Engineering Industries Private Limited is a private limited company based in Thanjavur, Tamil Nadu, India. It operates in the heavy engineering and manufacturing segment of the machinery and industrial equipment sector. It was incorporated on 12 September 1989 and has been in existence for over 37 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U29309TN1989PTC018035. Its GSTIN is 33AAACV3764D1ZL (Tamil Nadu).
The company has an authorised share capital of ₹9 Cr and a paid-up capital of ₹5.88 Cr. It is led by directors including Manoharan Kanakambujam (Whole-Time Director) and Karthikeyan Manoharan (Whole-Time Director).
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Sf No. 90 – 95 Trichy – Thanjavur Main Road, Sengipatti, Tamil Nadu, India – 613402.
As per the financials filed for FY 2025, the company reported a revenue of ₹61.25 Cr, a decline of 30% compared to the previous year. For the same year it recorded a net profit of ₹1.22 Cr (net margin 2%) and EBITDA of ₹8.84 Cr (EBITDA margin 14.4%). Revenue has grown at a compounded annual rate (CAGR) of 17% over three years.
The company has about 288 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹58.75 Cr and satisfied charges of ₹3.01 Cr on record. Court records list 6 cases involving the company, including 1 filed by the company and 5 filed against it. The company has 7 deals on record (5 secondary share transfers, 2 funding rounds), with disclosed funding of ₹1.23 Cr; the latest was in March 2024. Its 3 peer companies in the Machinery and Equipment industry (Heavy Engineering), with the same principal business activity (metal and metal products) are compared by revenue, 1 larger and 2 smaller; the largest is Sidhi Vinayaka Fab Engineering Private Limited with revenue of ₹64.33 Cr. The company has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 7 overdue payments to 7 micro and small suppliers.
Velmurugan Heavy Engineering Industries Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-22-0000811). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website velmurugan.in.
Company details
CIN U29309TN1989PTC018035
Registration Number 018035
Incorporation Date 12 September 1989
ROC Chennai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-TN-22-0000811
Key People
Manoharan Kanakambujam Whole-Time Director Karthikeyan Manoharan Whole-Time Director Srinivasan Manoharan Officer In Default Recognitions & Rankings of Velmurugan Heavy Engineering Industries
Contact details
Velmurugan Heavy Engineering Industries Private Limited's registered office is in Thanjavur, Tamil Nadu. Its website is velmurugan.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressSf No. 90 – 95 Trichy – Thanjavur Main Road, Sengipatti, Tamil Nadu, India – 613402
- IndustryMachinery and Equipment, Heavy Engineering & Manufacturing
To see the full contact details of Velmurugan Heavy Engineering Industries Private Limited, buy the company report.
Comprehensive company report
Velmurugan Heavy Engineering Industries Private Limited - one report that includes everything
- 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
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Business activity
The main business activity of Velmurugan Heavy Engineering Industries 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 Velmurugan Heavy Engineering Industries Private Limited, buy the company report.
Financials of Velmurugan Heavy Engineering Industries Private Limited
FY 2025 filings availableVelmurugan Heavy Engineering Industries Private Limited reported revenue of ₹61.25 Cr (down 30% YoY) for FY 2025.
Revenue · FY 2025
₹61.25 Cr ▼ 30%
Net profit · FY 2025
₹1.22 Cr margin 2%
EBITDA · FY 2025
₹8.84 Cr margin 14.4%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 30%
3 years · compounded
▲ 17%
EBITDA CAGR growth
1 year
▼ 55%
3 years · compounded
▲ 21%
5 years · compounded
▼ 5%
Revenue fell 30% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 17%. EBITDA fell 55% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
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| Revenue from Operations | |||||
| Other Income | |||||
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| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
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| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹8.84 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.22 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 14.4% | ||||
| Net Profit Margin | 2% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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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 Velmurugan Heavy Engineering Industries Private Limited, buy the company report.
Board of directors of Velmurugan Heavy Engineering Industries Private Limited
Velmurugan Heavy Engineering Industries has 4 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Manoharan Kanakambujam | Whole-Time Director | 25 May 2000 | 26 Years 5 Months | Current |
| Srinivasan Manoharan | Officer In Default | 07 Feb 2024 | 2 Years 9 Months | Current |
| Karthikeyan Manoharan Also directs: Vel Renewables Private Limited | Whole-Time Director | 02 May 2008 | 18 Years 6 Months | Current |
| Manoharan Ramya Durga | Director | 01 Nov 2013 | 13 Years 0 Months | Current |
Peer comparison
Velmurugan Heavy Engineering Industries Private Limited is compared with the 3 companies closest to it by revenue in the Machinery and Equipment industry (Heavy Engineering), with the same principal business activity (metal and metal products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Sidhi Vinayaka Fab Engineering Private Limited | ₹64.33 Cr (FY 2025) | 32.0% | Bangalore, Karnataka, India | |||
| Velmurugan Heavy Engineering Industries Private Limitedthis company | ₹61.25 Cr (FY 2025) | ₹1.22 Cr | 2% | -30.0% | 288 | Thanjavur, Tamil Nadu, India |
| Rajdeep Boiler Private Limited | ₹60.66 Cr (FY 2025) | 18.0% | Surat, Gujarat, India | |||
| Neco Heavy Engineering and Castings Private Limited | ₹58.45 Cr (FY 2025) | 7.0% | Nagpur, Maharashtra, India |
To see the full peer comparison of Velmurugan Heavy Engineering Industries Private Limited, buy the company report.
Auditor
Velmurugan Heavy Engineering Industries Private Limited is audited by M. LAKSHMAN & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M. LAKSHMAN & CO | FY 2023 | 001822S |
Shareholding
The shareholding of Velmurugan Heavy Engineering Industries 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 Velmurugan Heavy Engineering Industries Private Limited, buy the company report.
Charges & borrowings
Open charges
₹58.75 Cr
Satisfied charges
₹3.01 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 13 Jan 2025 | 101039670 | Sidbi | ₹5.88 Cr | Open | |
| 04 May 2024 | 100925916 | State Bank of India | ₹3.2 Cr | Open | |
| 04 Jun 1990 | 90288803 | State Bank of India | ₹49.67 Cr | Open | |
| 19 Dec 2012 | 10403024 | State Bank of Travancore | ₹2.9 Cr | Satisfied | |
| 03 Apr 2008 | 10094713 | The Tamilnadu Industrial Investment Corporation | ₹10.9 Lakh | Satisfied |
To see the full charge records of Velmurugan Heavy Engineering Industries Private Limited, buy the company report.
Total charge records: 5 View all charges
Deals & funding
Velmurugan Heavy Engineering Industries Private Limited has 7 deals on record (5 secondary share transfers, 2 funding rounds), with disclosed funding of ₹1.23 Cr; the latest was in March 2024.
Total deals
7
Secondary share transfers
5
Funding rounds
2
Disclosed funding
₹1.23 Cr
Deals on record (5 of 7)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2024 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Feb 2024 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: 2 individuals |
| Feb 2024 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Jan 2024 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: 3 individuals |
| Apr 2018 | Funding round | ₹12.5 Lakh | Investors: 2 individuals |
To see the full deal history of Velmurugan Heavy Engineering Industries Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Velmurugan Heavy Engineering Industries Private Limited has 6 court cases on record: 1 filed by Velmurugan Heavy Engineering Industries, 5 filed against it. All cases are disposed.
Total cases
6
Filed by the company
1
Filed against the company
5
Disposed
6
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 6 | 5 | 0 |
Cases on record (5 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Cuddalore, Tamil Nadu | Petition | Filed by the company against The Divisional Manager, United India Insurance Company Ltd, and 3 others | Disposed |
| District court, Tiruchirappalli, Tamil Nadu | Motor accident claim | Filed against the company by an individual | Disposed |
| District court, Thanjavur, Tamil Nadu | Criminal complaint | Filed against the company by an individual | Disposed |
| District court, Cuddalore, Tamil Nadu | Motor accident claim | Filed against the company by individuals | Disposed |
| District court, Cuddalore, Tamil Nadu | Motor accident claim | Filed against the company by an individual | Disposed |
To see the full case history of Velmurugan Heavy Engineering Industries 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
Velmurugan Heavy Engineering Industries Private Limited was last rated by Icra on 28 May 2019.
| Rating agency | Rated on | Rating |
|---|---|---|
| Icra | 28 May 2019 |
To see the full credit ratings and regulatory alerts of Velmurugan Heavy Engineering Industries Private Limited, buy the company report.
MSME payment delays
Velmurugan Heavy Engineering Industries Private Limited has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 7 overdue payments to 7 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 7)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Velmurugan Industries | |||
| an individual supplier | |||
| The Bharath Enterprises | |||
| an individual supplier | |||
| Purelubricants Chennai Private Limited |
To see the full MSME payment records of Velmurugan Heavy Engineering Industries Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Velmurugan Heavy Engineering Industries Private Limited has a workforce of 288 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.
Employee count
288
Active EPFO establishments
1
Employee growth
9.9%
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 288 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 |
To see the full employee and EPFO history of Velmurugan Heavy Engineering Industries Private Limited, buy the company report.
GST
Velmurugan Heavy Engineering Industries has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAACV3764D1ZL | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Velmurugan Heavy Engineering Industries Private Limited, buy the company report.
Recent activity
Velmurugan Heavy Engineering Industries Private Limited has 12 board changes on record since 2000: 4 appointments and 8 cessations. The latest: Srinivasan Manoharan was appointed as Officer In Default on 07 Feb 2024.
AGM
Velmurugan Heavy Engineering Industries Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Velmurugan Heavy Engineering Industries Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Chennai.
Charges
A charge with State Bank Of India of Rs. 49.67 Cr registered on 04 Jun 1990 with Charge ID 90288803 was modified on 10 Feb 2025.
Charges
A charge with Sidbi amounted to Rs. 5.88 Cr with Charge ID 101039670 was registered on 13 Jan 2025.
Charges
A charge with State Bank Of India amounted to Rs. 3.20 Cr with Charge ID 100925916 was registered on 04 May 2024.
Appointed
Srinivasan Manoharan was appointed as Officer In Default.
Ceased
Meenakshi Sampath ceased to be Director.
Ceased
Sampath ceased to be Whole-Time Director.
Charges
A charge registered on 03 Apr 2008 via Charge ID 10094713 with The Tamilnadu Industrial Investment Corporation was fully satisfied on 11 Jul 2019.
Charges
A charge registered on 19 Dec 2012 via Charge ID 10403024 with State Bank Of Travancore was fully satisfied on 27 Jun 2019.
Ceased
Divyasudha ceased to be Additional Director.
Ceased
Karthikeyan Manoharan ceased to be Director.
11 earlier events are in the company report.
Frequently asked questions
Velmurugan Heavy Engineering Industries is an active private limited company based in Thanjavur, Tamil Nadu, India. The company works in heavy engineering and manufacturing, within the machinery and equipment industry. It was incorporated on 12 September 1989 (37+ years old) and is registered under CIN U29309TN1989PTC018035.
Velmurugan Heavy Engineering Industries has 4 current directors:
- Manoharan Kanakambujam - Whole-Time Director
- Karthikeyan Manoharan - Whole-Time Director
- Manoharan Ramya Durga - Director
- Srinivasan Manoharan - Officer In Default
The latest financial statements of Velmurugan Heavy Engineering Industries on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Velmurugan Heavy Engineering Industries is 33AAACV3764D1ZL, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Velmurugan Heavy Engineering Industries is U29309TN1989PTC018035. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Velmurugan Heavy Engineering Industries has 6 court cases on record: 1 filed by the company and 5 filed against it.
Velmurugan Heavy Engineering Industries was incorporated on 12 September 1989, making it 37+ years old. It is registered with the Registrar of Companies, Chennai.
Velmurugan Heavy Engineering Industries has 7 deals on record (5 secondary share transfers, 2 funding rounds), with disclosed funding of ₹1.23 Cr; the latest was in March 2024.
The peers of Velmurugan Heavy Engineering Industries by revenue are Sidhi Vinayaka Fab Engineering Private Limited, Rajdeep Boiler Private Limited, Neco Heavy Engineering and Castings Private Limited, all in the Machinery and Equipment industry (Heavy Engineering), with the same principal business activity (metal and metal products).
Srinivasan Manoharan was appointed as Officer In Default on 07 Feb 2024. Meenakshi Sampath ceased to be Director on 05 Feb 2024. Sampath ceased to be Whole-Time Director on 30 Sep 2019. Velmurugan Heavy Engineering Industries has 12 board changes on record in total.
Yes, Velmurugan Heavy Engineering Industries is registered as a medium enterprise under Udyam registration (number: UDYAM-TN-22-0000811).
Velmurugan Heavy Engineering Industries has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 7 overdue payments to 7 micro and small suppliers. The latest return was filed on 29 May 2019.
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