MSME (Udyam registered) Ministry of MSME
- Udyam number
- UDYAM-TN-20-0002407
Vetrivel Explosives Private Limited - travel and hospitality in Salem, Tamil Nadu, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹252.12 Cr
▲ 10% YoY
Net profit · FY 2024
₹7.68 Cr
Net margin 3%
EBITDA · FY 2024
₹22.37 Cr
EBITDA margin 8.9%
Authorised capital
₹25.5 Cr
Registered with MCA
Paid-up capital
₹16 Cr
Issued & subscribed
Open charges
₹111.48 Cr
Satisfied ₹148.66 Cr
Company age
27 yrs
Est. 1999
Employees · EPFO
237
Provident fund records
About Vetrivel Explosives Private Limited
Data last updated:
Vetrivel Explosives Private Limited is a private limited company based in Salem, Tamil Nadu, India. It operates in the hotel and accommodation services segment of the travel and hospitality sector. It was incorporated on 24 November 1999 and has been in existence for over 27 years.
The company is registered with the Registrar of Companies (ROC), Coimbatore, under CIN U24292TZ1999PTC009092. Its GSTIN is 33AABCV1123B1Z7 (Tamil Nadu). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹25.5 Cr and a paid-up capital of ₹16 Cr. It is led by directors including Ramalingam Vijayakannan (Managing Director) and Palaniyappan Prakasam.
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 135 Fkennedy Nagar Salem, Tamil Nadu, India – 636005.
As per the financials filed for FY 2024, the company reported a revenue of ₹252.12 Cr, a growth of 10% compared to the previous year. For the same year it recorded a net profit of ₹7.68 Cr (net margin 3%) and EBITDA of ₹22.37 Cr (EBITDA margin 8.9%). Revenue has grown at a compounded annual rate (CAGR) of 30% over three years and 33% over five years.
The company has about 237 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹111.48 Cr and satisfied charges of ₹148.66 Cr on record. Court records list 114 cases involving the company, including 51 filed by the company and 63 filed against it; 32 cases are pending. The company has 10 deals on record (6 secondary share transfers, 3 funding rounds, 1 rights issue), with disclosed funding of ₹6.6 Cr; the latest was in July 2017.
Vetrivel Explosives Private Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-TN-20-0002407). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website vetrivelexplosives.com.
Company details
CIN U24292TZ1999PTC009092
Registration Number 009092
Incorporation Date 24 November 1999
ROC Coimbatore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification MSME
Udyam Registration UDYAM-TN-20-0002407
Key People
Ramalingam Vijayakannan Managing Director Palaniyappan Prakasam Director Senthilnathan Director Recognitions & Rankings of Vetrivel Explosives
Contact details
Vetrivel Explosives Private Limited's registered office is in Salem, Tamil Nadu. Its website is vetrivelexplosives.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address135 Fkennedy Nagar Salem, Tamil Nadu, India – 636005
- IndustryTravel and Hospitality, Hotel & Accommodation Services
To see the full contact details of Vetrivel Explosives Private Limited, buy the company report.
Comprehensive company report
Vetrivel Explosives 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 activities of Vetrivel Explosives are manufacturing, accommodation and food service and education. In detail, this covers chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products, accommodation services provided by hotel, inns, resorts, holiday homes, hostel, etc. and higher education, technical & vocational education. 3 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C6 | Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products | |
| I | Accommodation and Food Service | I1 | Accommodation services provided by Hotel, Inns, Resorts, holiday homes, hostel, etc. | |
| P | Education | P2 | Higher education, technical & vocational education |
To see the full business activity and turnover split of Vetrivel Explosives Private Limited, buy the company report.
Financials of Vetrivel Explosives Private Limited
FY 2024 filings availableVetrivel Explosives Private Limited reported revenue of ₹252.12 Cr (up 10% YoY) for FY 2024.
Revenue · FY 2024
₹252.12 Cr ▲ 10%
Net profit · FY 2024
₹7.68 Cr margin 3%
EBITDA · FY 2024
₹22.37 Cr margin 8.9%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 10%
3 years · compounded
▲ 30%
5 years · compounded
▲ 33%
EBITDA CAGR growth
1 year
▲ 32%
3 years · compounded
▲ 25%
5 years · compounded
▲ 16%
Revenue has grown at a compounded annual rate (CAGR) of 33% over five years, including 10% growth in the latest year. EBITDA rose 32% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹22.37 Cr | ||||
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| Net Profit (PAT) | ₹7.68 Cr | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 8.9% | ||||
| Net Profit Margin | 3% | ||||
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To see the full financial statements and ratios of Vetrivel Explosives Private Limited, buy the company report.
Board of directors of Vetrivel Explosives Private Limited
Vetrivel Explosives has 5 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Palaniyappan Prakasam | Director | 24 Nov 1999 | 26 Years 10 Months | Current |
| Senthilnathan | Director | 03 Feb 2020 | 6 Years 8 Months | Current |
| Jayapal Sivanandham Also directs: Trident Explosives Private Limited | Director | 03 Feb 2020 | 6 Years 8 Months | Current |
| Ramalingam Vetrivel | Director | 19 Dec 2018 | 7 Years 10 Months | Current |
| Ramalingam Vijayakannan | Managing Director | 14 Dec 2007 | 18 Years 10 Months | Current |
Auditor
Vetrivel Explosives Private Limited is audited by ELANGOVAN & NATARAJAN for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ELANGOVAN & NATARAJAN | FY 2023 | 000799S |
Shareholding
The shareholding of Vetrivel Explosives 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 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Vetrivel Explosives Private Limited, buy the company report.
Charges & borrowings
Open charges
₹111.48 Cr
Satisfied charges
₹148.66 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 20 Nov 2024 | 101019258 | Hdfc Bank Limited | ₹10.6 Lakh | Open | |
| 22 Jul 2024 | 100990332 | Hdfc Bank Limited | ₹33.6 Lakh | Open | |
| 20 Mar 2024 | 100926154 | Hdfc Bank Limited | ₹33.4 Lakh | Open | |
| 11 Jan 2023 | 100671496 | Others | ₹5.15 Cr | Open | |
| 17 Aug 2022 | 100655181 | Hdfc Bank Limited | ₹35.57 Lakh | Open |
To see the full charge records of Vetrivel Explosives Private Limited, buy the company report.
Total charge records: 30 View all charges
Deals & funding
Vetrivel Explosives Private Limited has 10 deals on record (6 secondary share transfers, 3 funding rounds, 1 rights issue), with disclosed funding of ₹6.6 Cr; the latest was in July 2017.
Total deals
10
Secondary share transfers
6
Funding rounds
3
Rights issue
1
Disclosed funding
₹6.6 Cr
Deals on record (5 of 10)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jul 2017 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: K.Ramalingam HUF, an individual |
| Apr 2017 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: K.Ramalingam HUF |
| Mar 2016 | Funding round | ₹4 Cr | Investors: 4 individuals |
| Oct 2015 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: 2 individuals |
| Jan 2015 | Rights issue | ₹8.5 Cr | Investors: 4 individuals |
To see the full deal history of Vetrivel Explosives 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
Vetrivel Explosives Private Limited has 114 court cases on record: 51 filed by Vetrivel Explosives, 63 filed against it. 32 cases are pending and 82 are disposed.
Total cases
114
Filed by the company
51
Filed against the company
63
Pending
32
Disposed
82
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 79 | 54 | 23 |
| High courts | 34 | 9 | 9 |
| Supreme Court | 1 | 0 | 0 |
Cases on record (5 of 114)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Kallakurichi, Tamil Nadu | Execution petition | Filed against the company by TVS Credit Services Ltd. Ass.Man, V.Arul | Pending |
| District court, Coimbatore, Tamil Nadu | Civil suit | Filed against the company by SKM Sarees Mart Pvt Ltd | Pending |
| District court, Cuddalore, Tamil Nadu | Execution petition | Filed against the company by Shriram Finance Limited | Pending |
| District court, Jalandhar, Punjab | Cheque dishonour complaint | Filed against the company by Indostar Capital Finance Ltd. | Pending |
| Madras High Court | Interim or miscellaneous application | Filed by the company against United India Insurance Company Ltd | Pending |
To see the full case history of Vetrivel Explosives 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
Vetrivel Explosives Private Limited was last rated by Crisil on 30 Jan 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 30 Jan 2020 |
To see the full credit ratings and regulatory alerts of Vetrivel Explosives Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Vetrivel Explosives Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Vetrivel Explosives Private Limited has a workforce of 237 employees on its EPFO records as of Apr 08, 2024, across 2 active EPFO establishments.
Employee count
237
Active EPFO establishments
2
Employee growth
8.72%
GST
Vetrivel Explosives has 2 GST registrations: 2 active.
Total GSTINs
2
Active
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AABCV1123B1Z7 | Tamil Nadu | Active | 01 Jul 2017 |
| 33AABCV1123B2Z6 | Tamil Nadu | Active | 05 Jul 2017 |
To see the full GST registrations and return filing status of Vetrivel Explosives Private Limited, buy the company report.
Recent activity
Vetrivel Explosives Private Limited has 13 board changes on record since 1999: 5 appointments and 8 cessations. The latest: Kandasamy Marimuthu Kokila Rani ceased to be Company Secretary on 30 Nov 2020.
Charges
A charge with Hdfc Bank Limited of Rs. 105.20 Cr registered on 28 Jun 2022 with Charge ID 100598137 was modified on 30 Jul 2025.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.11 Cr with Charge ID 101019258 was registered on 20 Nov 2024.
AGM
Vetrivel Explosives Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.34 Cr with Charge ID 100990332 was registered on 22 Jul 2024.
Filing
Vetrivel Explosives Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Coimbatore.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.33 Cr with Charge ID 100926154 was registered on 20 Mar 2024.
Charges
A charge with Others amounted to Rs. 5.15 Cr with Charge ID 100671496 was registered on 11 Jan 2023.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.36 Cr with Charge ID 100655181 was registered on 17 Aug 2022.
Charges
A charge registered on 26 Nov 2020 via Charge ID 100399061 with Others was fully satisfied on 07 Jul 2022.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 105.20 Cr with Charge ID 100598137 was registered on 28 Jun 2022.
Charges
A charge with Others of Rs. 19.79 Cr registered on 26 Nov 2020 with Charge ID 100399061 was modified on 04 Mar 2022.
Ceased
Kandasamy Marimuthu Kokila Rani ceased to be Company Secretary.
67 earlier events are in the company report.
Frequently asked questions
Vetrivel Explosives is an active private limited company based in Salem, Tamil Nadu, India. The company works in hotel and accommodation services, within the travel and hospitality industry. It was incorporated on 24 November 1999 (27+ years old) and is registered under CIN U24292TZ1999PTC009092.
Vetrivel Explosives has 5 current directors:
- Ramalingam Vijayakannan - Managing Director
- Palaniyappan Prakasam - Director
- Senthilnathan - Director
- Jayapal Sivanandham - Director
- Ramalingam Vetrivel - Director
The latest financial statements of Vetrivel Explosives 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 Vetrivel Explosives is 33AABCV1123B1Z7, registered in Tamil Nadu. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 33AABCV1123B2Z6 (Tamil Nadu).
The CIN (Corporate Identification Number) of Vetrivel Explosives is U24292TZ1999PTC009092. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Vetrivel Explosives has 114 court cases on record: 51 filed by the company and 63 filed against it. 32 are pending. Most are in the district courts.
Vetrivel Explosives was incorporated on 24 November 1999, making it 27+ years old. It is registered with the Registrar of Companies, Coimbatore.
Vetrivel Explosives has 10 deals on record (6 secondary share transfers, 3 funding rounds, 1 rights issue), with disclosed funding of ₹6.6 Cr; the latest was in July 2017.
Kandasamy Marimuthu Kokila Rani ceased to be Company Secretary on 30 Nov 2020. Jayapal Sivanandham was appointed as Director on 03 Feb 2020. Senthilnathan was appointed as Director on 03 Feb 2020. Vetrivel Explosives has 13 board changes on record in total.
Yes, Vetrivel Explosives is registered as an MSME under Udyam registration (number: UDYAM-TN-20-0002407).