Venus Controls & Switchgear Pvt Ltd

Venus Controls & Switchgear Pvt Ltd - energy and power in Kolkata, West Bengal, India. FY 2026 financials & compliance.
CIN U31200WB1989PTC047170 Incorporated 05 July 1989 ROC Kolkata HQ Kolkata, West Bengal, India
Active Private Limited Company energy and power
Data last updated
Revenue · FY 2020
₹2.79 Cr
▲ 276% YoY
Net loss · FY 2020
₹4.16 Lakh
Net margin -1.5%
EBITDA · FY 2020
₹1.86 Lakh
EBITDA margin 0.7%
Authorised capital
₹7 Cr
Registered with MCA
Paid-up capital
₹6.58 Cr
Issued & subscribed
Open charges
₹68.54 Cr
Satisfied ₹85.87 Cr
Company age
37 yrs
Est. 1989
Directors on board
3
As per MCA filings

About Venus Controls & Switchgear Pvt Ltd

Data last updated:

Venus Controls & Switchgear Pvt Ltd is a private limited company based in Kolkata, West Bengal, India. It operates in the power equipment manufacturers segment of the energy and power sector. It was incorporated on 05 July 1989 and has been in existence for over 37 years.

The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U31200WB1989PTC047170. Its GSTIN is 33AABCV0283C1ZU (Tamil Nadu). The company holds 6 GST registrations, of which 1 is active.

The company has an authorised share capital of ₹7 Cr and a paid-up capital of ₹6.58 Cr. It is led by directors including Shyam Sundar Patodia (Managing Director) and Vijay Kumar Patodia.

Its last annual general meeting (AGM) was held on 29 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office is at 32 Ezra Street North Side Police Station – Hare Street, Kolkata, West Bengal, India – 700001.

As per the financials filed for FY 2020, the company reported a revenue of ₹2.79 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹4.16 Lakh (net margin -1.5%) and EBITDA of ₹1.86 Lakh (EBITDA margin 0.7%). Revenue has declined at a compounded annual rate (CAGR) of 59% over three years and 63% over five years.

As per MCA filings, the company has open charges of ₹68.54 Cr and satisfied charges of ₹85.87 Cr on record. Court records list 31 cases involving the company, including 8 filed by the company and 21 filed against it; 6 cases are pending.

The current compliance status is marked as compliant by the Registrar of Companies.

Company Details of Venus Controls & Switchgear Pvt Ltd
CIN U31200WB1989PTC047170
Registration Number 047170
Incorporation Date 05 July 1989
ROC Kolkata
Listing Status Unlisted
Company Status Active
Date of Last AGM 29 December 2020
Date of Balance Sheet 31 March 2020
Compliance Status Active Compliant
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Website
    Locked
  • Social Media
    Locked
  • Registered Address
    32 Ezra Street North Side Police Station – Hare Street, Kolkata, West Bengal, India – 700001
  • Industry
    Energy and Power, Power Equipment Manufacturers
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Financials, compliance, directors, charges, ownership and filings for Venus Controls & Switchgear Pvt Ltd in one report.

Financials from 2015 Directors & ownership Charges & compliance

Business Activity of Venus Controls & Switchgear Pvt Ltd

The main business activity of Venus Controls & Switchgear is trade. In detail, this covers retail trading.

Main Activity Group CodeDescription of Main ActivityBusiness Activity CodeDescription of Business ActivityTurnover Percentage
GTradeG2Retail TradingLocked
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Turnover share and past changes in activity are in the company report.

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Financials of Venus Controls & Switchgear Pvt Ltd FY 2020 filings available

Venus Controls & Switchgear Pvt Ltd reported revenue of ₹2.79 Cr (up 276% YoY) for FY 2020.

Revenue · FY 2020
₹2.79 Cr ▲ 276%
Net loss · FY 2020
₹4.16 Lakh margin -1.5%
EBITDA · FY 2020
₹1.86 Lakh margin 0.7%

Compounded Annual Growth Rate (CAGR) of Venus Controls & Switchgear Pvt Ltd

Revenue CAGR growth
1 year
▲ 276%
3 years · compounded
▼ 59%
5 years · compounded
▼ 63%
EBITDA CAGR growth
1 year
▼ 88%
3 years · compounded
▲ 26%
5 years · compounded
▼ 72%

Revenue rose 276% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 63%. EBITDA fell 88% 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 of Venus Controls & Switchgear Pvt Ltd

MetricsFY 2019-20FY 2018-19FY 2017-18FY 2016-17FY 2015-16
Profit and Loss Statement
Revenue from Operations••••••••••••••••••••
Other Income••••••••••••••••••••
Total Revenue₹2.79 Cr••••••••••••••••
Cost of Materials Consumed••••••••••••••••••••
Employee Benefit Expense••••••••••••••••••••
Finance Costs••••••••••••••••••••
Depreciation and Amortisation••••••••••••••••••••
Other Expenses••••••••••••••••••••
Total Expenses••••••••••••••••••••
EBITDA₹1.86 Lakh••••••••••••••••
Profit Before Tax••••••••••••••••••••
Tax Expense••••••••••••••••••••
Net Profit (PAT)-₹4.16 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 of Venus Controls & Switchgear Pvt Ltd

MetricsFY 2019-20FY 2018-19FY 2017-18FY 2016-17FY 2015-16
Profitability
EBITDA Margin0.7%••••••••••••••••
Net Profit Margin-1.5%••••••••••••••••
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••••••••••••••••••••

Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Venus Controls & Switchgear are in the company report.

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Financial statements from 2015

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Auditor Details of Venus Controls & Switchgear Pvt Ltd

Venus Controls & Switchgear Pvt Ltd is audited by BARKHA & ASSOCIATES for the financial year 2020.

NameStatusAppointment DateCessation Date
BARKHA & ASSOCIATESLockedLockedLocked
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Complete auditor history

Appointment and cessation dates and past auditor changes are in the company report.

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Board of Directors of Venus Controls & Switchgear Pvt Ltd

Venus Controls & Switchgear has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Vijay Kumar PatodiaDirector20 Dec 200619 Years 9 MonthsCurrent
Shyam Sundar PatodiaManaging Director05 Jul 198937 Years 3 MonthsCurrent
Manju PatodiaDirector23 Jul 201610 Years 2 MonthsCurrent

Ownership and Shareholding of Venus Controls & Switchgear Pvt Ltd

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Charges & Borrowings of Venus Controls & Switchgear Pvt Ltd

Open charges
₹68.54 Cr
Satisfied charges
₹85.87 Cr
Breakdown by lending institutions
Bank of Baroda₹68.00 Cr
Religare Finvest Limited₹0.54 Cr
Latest charge details
DateLenderAmountStatus
31 Oct 2014Religare Finvest Limited₹25 LakhOpen
31 Oct 2014Religare Finvest Limited₹29 LakhOpen
27 Feb 2014Bank of Baroda₹4 CrOpen
26 May 2011Bank of Baroda₹64 CrOpen
17 Jul 2012Union Bank of India₹25.64 LakhSatisfied

Total charge records: 10 View all charges

Employees and EPFO Compliance at Venus Controls & Switchgear Pvt Ltd

Employment history and EPFO contributions of people linked to Venus Controls & Switchgear.

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Employee and EPFO history

Monthly headcount, contribution history and filing status are in the company report.

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Recent Activity on Venus Controls & Switchgear Pvt Ltd

Venus Controls & Switchgear Pvt Ltd has 6 board changes on record since 1989: 3 appointments and 3 cessations. The latest: Vijay Kumar Patodia ceased to be Director on 18 Jan 2017.

AGM
Venus Controls & Switchgear Pvt Ltd last Annual general meeting of members was held on 29 Dec 2020 as per latest MCA records.
Filing
Venus Controls & Switchgear Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2020 with Roc Kolkata.
Ceased
Vijay Kumar Patodia ceased to be Director.
Appointed
Manju Patodia was appointed as Director.
Charges
A charge registered on 17 Jul 2012 via Charge ID 10366989 with Union Bank Of India was fully satisfied on 21 Jul 2015.
Ceased
Manju Patodia ceased to be Director.
Charges
A charge with Religare Finvest Limited amounted to Rs. 0.25 Cr with Charge ID 10528873 was registered on 31 Oct 2014.
Charges
A charge with Religare Finvest Limited amounted to Rs. 0.29 Cr with Charge ID 10528731 was registered on 31 Oct 2014.
Charges
A charge with Bank Of Baroda of Rs. 64.00 Cr registered on 26 May 2011 with Charge ID 10292125 was modified on 23 May 2014.
Charges
A charge with Bank Of Baroda amounted to Rs. 4.00 Cr with Charge ID 10504593 was registered on 27 Feb 2014.
Charges
A charge registered on 17 Jul 2012 via Charge ID 10366988 with Union Bank Of India was fully satisfied on 25 Apr 2013.
Charges
A charge registered on 10 Jun 2010 via Charge ID 10226883 with Union Bank Of India was fully satisfied on 11 Sep 2012.

18 earlier events are listed in the company report.

Credit Ratings, Litigation & Regulatory Alerts for Venus Controls & Switchgear Pvt Ltd

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Credit ratings, litigation, and regulatory alerts

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MSME Payment Delays by Venus Controls & Switchgear Pvt Ltd

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Subsidiaries & Group Companies of Venus Controls & Switchgear Pvt Ltd

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GST Compliance of Venus Controls & Switchgear Pvt Ltd

Venus Controls & Switchgear has 6 GST registrations: 1 active and 5 cancelled or inactive.

Total GSTINs
6
Active
1
Cancelled / inactive
5
GSTINStateStatusRegistered on
33AABCV0283C1ZUTamil NaduActive01 Jul 2017
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GST registrations and filing compliance

State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.

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MCA Filings & Documents of Venus Controls & Switchgear Pvt Ltd

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MCA filings and documents

Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.

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Frequently Asked Questions about Venus Controls & Switchgear Pvt Ltd

Venus Controls & Switchgear is an active private limited company based in Kolkata, West Bengal, India. The company works in power equipment manufacturers, within the energy and power industry. It was incorporated on 05 July 1989 (37+ years old) and is registered under CIN U31200WB1989PTC047170.

Venus Controls & Switchgear reported revenue of ₹2.79 Cr for FY 2020 (up 276% YoY).

Venus Controls & Switchgear has 3 current directors:

Venus Controls & Switchgear reported a net loss of ₹4.16 Lakh (net margin -1.5%) and EBITDA of ₹1.86 Lakh (EBITDA margin 0.7%) for FY 2020, as per its filed financial statements.

The compounded annual growth rate (CAGR) of the revenue of Venus Controls & Switchgear is -59% over three years and -63% over five years. In the latest year (FY 2020) revenue rose 276%. CAGR is the steady yearly rate that links the first and the last year.

The GSTIN of Venus Controls & Switchgear is 33AABCV0283C1ZU, registered in Tamil Nadu. The company has 6 GST registrations in all, of which 1 is active and 5 are cancelled or inactive.

The CIN (Corporate Identification Number) of Venus Controls & Switchgear is U31200WB1989PTC047170. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Venus Controls & Switchgear has 31 court cases on record: 8 filed by the company and 21 filed against it. 6 are pending. Most are in the district courts.

Venus Controls & Switchgear was incorporated on 05 July 1989, making it 37+ years old. It is registered with the Registrar of Companies, Kolkata.

Vijay Kumar Patodia ceased to be Director on 18 Jan 2017. Manju Patodia was appointed as Director on 23 Jul 2016. Manju Patodia ceased to be Director on 31 Mar 2015. Venus Controls & Switchgear has 6 board changes on record in total.

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