Victory Gears Pvt Ltd - financial services in Borivlai East, Maharashtra, India. FY 2026 financials & compliance.
CIN U29130MH1991PTC063184 Incorporated 06 September 1991 ROC Mumbai HQ Borivlai East, Maharashtra, India
Active Private Limited Company financial services
Data last updated
Revenue · FY 2024
₹1.03 Cr
▼ 4% YoY
Net profit · FY 2024
₹12.3 Lakh
Net margin 11.9%
EBITDA · FY 2024
₹21.43 Lakh
EBITDA margin 20.7%
Authorised capital
₹5 Lakh
Registered with MCA
Paid-up capital
₹5 Lakh
Issued & subscribed
Company age
35 yrs
Est. 1991
Directors on board
4
As per MCA filings
Active GSTINs
1
GST registered

About Victory Gears Pvt Ltd

Data last updated:

Victory Gears Pvt Ltd is a private limited company based in Borivlai East, Maharashtra, India. It operates in the real estate financing segment of the financial services sector. It was incorporated on 06 September 1991 and has been in existence for over 35 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U29130MH1991PTC063184. Its GSTIN is 27AAACV1298E1ZB (Maharashtra).

The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors including Jayantilal Umashankar Chavji (Whole-Time Director) and Nehal Jayantilal Chavji.

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 Borivlai East, Maharashtra.

As per the financials filed for FY 2024, the company reported a revenue of ₹1.03 Cr, a decline of 4% compared to the previous year. For the same year it recorded a net profit of ₹12.3 Lakh (net margin 11.9%) and EBITDA of ₹21.43 Lakh (EBITDA margin 20.7%). Revenue has grown at a compounded annual rate (CAGR) of 25% over three years and 4% over five years.

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

Company details

CIN U29130MH1991PTC063184
Registration Number 063184
Incorporation Date 06 September 1991
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant

Contact details

Victory Gears Pvt Ltd's registered office is in Borivlai East, Maharashtra. Its e-mail address is in the company report.

  • Email
  • Registered Address
    A 2004 Oberoi Sky City Dattapada Road, Behind Sky City Mall, Borivlai East, Maharashtra, India – 400066
  • Industry
    Financial Services, Real Estate Financing

To see the full contact details of Victory Gears Pvt Ltd, buy the company report.

Comprehensive company report
Victory Gears Pvt Ltd - 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 Victory Gears is real estate. In detail, this covers real estate activities with own or leased property.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
LReal EstateL1Real estate activities with own or leased property

To see the full business activity and turnover split of Victory Gears Pvt Ltd, buy the company report.

Financials of Victory Gears Pvt Ltd

FY 2024 filings available

Victory Gears Pvt Ltd reported revenue of ₹1.03 Cr (down 4% YoY) for FY 2024.

Revenue · FY 2024
₹1.03 Cr ▼ 4%
Net profit · FY 2024
₹12.3 Lakh margin 11.9%
EBITDA · FY 2024
₹21.43 Lakh margin 20.7%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 4%
3 years · compounded
▲ 25%
5 years · compounded
▲ 4%
EBITDA CAGR growth
1 year
▲ 6%
3 years · compounded
▲ 59%
5 years · compounded
▼ 7%

Revenue fell 4% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 4%. EBITDA rose 6% 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹21.43 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)₹12.3 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin20.7%
Net Profit Margin11.9%
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

To see the full financial statements and ratios of Victory Gears Pvt Ltd, buy the company report.

Board of directors of Victory Gears Pvt Ltd

Victory Gears has 4 directors on record. No former directors are listed.

Current Directors
NameDesignationAppointment DateTenureStatus
Nehal Jayantilal ChavjiDirector10 Aug 200620 Years 2 MonthsCurrent
Suruchi Sejalkumar NaikDirector10 Oct 200620 Years 0 MonthsCurrent
Dharmishta Jayantilal ChavjiDirector10 Aug 200224 Years 2 MonthsCurrent
Jayantilal Umashankar ChavjiWhole-Time Director10 Aug 200224 Years 2 MonthsCurrent

Peer comparison

Victory Gears Pvt Ltd is compared with the 3 companies closest to it by revenue in the BFSI industry (Real Estate Leasing), with the same principal business activity (real estate activities with own or leased property), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Alliance Components and Devices Private Limited₹1.03 Cr (FY 2025)19.0%New Delhi, Delhi, India
Victory Gears Pvt Ltdthis company₹1.03 Cr (FY 2024)₹12.3 Lakh11.9%-4.0%Borivlai East, Maharashtra, India
Sawadia Developers Private Limited₹1.03 Cr (FY 2025)69.0%Raipur, Chhattisgarh, India
Sneh Fincom Private Limited₹1.03 Cr (FY 2025)4459.0%Kolkata, West Bengal, India

To see the full peer comparison of Victory Gears Pvt Ltd, buy the company report.

Auditor

Victory Gears Pvt Ltd is audited by T M CHAVJI & CO for the financial year 2017.

Auditor firmFinancial yearFirm registration number
T M CHAVJI & COFY 2017117773W

Shareholding

The shareholding of Victory Gears Pvt Ltd is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2017FY 2016
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Victory Gears Pvt Ltd, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Victory Gears Pvt Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Victory Gears has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
27AAACV1298E1ZBMaharashtraActive01 Jul 2017

To see the full GST registrations and return filing status of Victory Gears Pvt Ltd, buy the company report.

Recent activity

Victory Gears Pvt Ltd has 4 board changes on record since 2002: 4 appointments. The latest: Suruchi Sejalkumar Naik was appointed as Director on 10 Oct 2006.

AGM
Victory Gears Pvt Ltd last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Victory Gears Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
Appointed
Suruchi Sejalkumar Naik was appointed as Director.
Appointed
Nehal Jayantilal Chavji was appointed as Director.
Appointed
Dharmishta Jayantilal Chavji was appointed as Director.
Appointed
Jayantilal Umashankar Chavji was appointed as Whole-Time Director.
Incorporation
06 Sep 1991
Victory Gears Pvt Ltd was registered on 06 Sep 1991 with Roc Mumbai & aged 35 years 1 month as per MCA records.

Frequently asked questions

Victory Gears is an active private limited company based in Borivlai East, Maharashtra, India. The company works in real estate financing, within the financial services industry. It was incorporated on 06 September 1991 (35+ years old) and is registered under CIN U29130MH1991PTC063184.

Victory Gears has 4 current directors:

The latest financial statements of Victory Gears 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 Victory Gears is 27AAACV1298E1ZB, registered in Maharashtra.

The CIN (Corporate Identification Number) of Victory Gears is U29130MH1991PTC063184. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Victory Gears was incorporated on 06 September 1991, making it 35+ years old. It is registered with the Registrar of Companies, Mumbai.

The peers of Victory Gears by revenue are Alliance Components and Devices Private Limited, Sawadia Developers Private Limited, Sneh Fincom Private Limited, all in the BFSI industry (Real Estate Leasing), with the same principal business activity (real estate activities with own or leased property).

Suruchi Sejalkumar Naik was appointed as Director on 10 Oct 2006. Nehal Jayantilal Chavji was appointed as Director on 10 Aug 2006. Dharmishta Jayantilal Chavji was appointed as Director on 10 Aug 2002. Victory Gears has 4 board changes on record in total.

The registered office of Victory Gears is at A 2004 Oberoi Sky City Dattapada Road, Behind Sky City Mall, Borivlai East, Maharashtra, India – 400066.

Victory Gears operates in the financial services industry, in the real estate financing segment.

The compliance status of Victory Gears is compliant as of 21 August 2026. The company is actively filing with the Registrar of Companies.