Vika Precision Engineering India Private Limited

Vika Precision Engineering India Private Limited - metals and minerals in Hosur, Tamil Nadu, India. FY 2026 financials & compliance.
CIN U29309TZ2017PTC029133 Incorporated 30 June 2017 ROC Coimbatore HQ Hosur, Tamil Nadu, India
Active Private Limited Company metals and minerals MSME · Micro
Data last updated
Revenue · FY 2021
₹8.71 Lakh
▼ 75% YoY
Net loss · FY 2021
₹22.26 Lakh
Net margin -255.4%
EBITDA · FY 2021
-₹12.4 Lakh
EBITDA margin -142.3%
Authorised capital
₹1 Cr
Registered with MCA
Paid-up capital
₹95.5 Lakh
Issued & subscribed
Open charges
₹21.5 Lakh
Secured borrowings
Company age
9 yrs
Est. 2017
Directors on board
5
As per MCA filings

About Vika Precision Engineering India Private Limited

Data last updated:

Vika Precision Engineering India Private Limited is a private limited company based in Hosur, Tamil Nadu, India. It operates in the steel manufacturing and processing segment of the metals and mining sector. It was incorporated on 30 June 2017 and has been in existence for over 9 years.

The company is registered with the Registrar of Companies (ROC), Coimbatore, under CIN U29309TZ2017PTC029133. The company has 1 GST registration on record, which is no longer active.

The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹95.5 Lakh. It is led by directors including Pasupathy Gurumurthy and Kuppusamy Baskar.

Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at E22 6th Phase SIDCO Industrial Estate Sipcot, Hosur, Tamil Nadu, India – 635126.

As per the financials filed for FY 2021, the company reported a revenue of ₹8.71 Lakh, a decline of 75% compared to the previous year. For the same year it recorded a net loss of ₹22.26 Lakh (net margin -255.4%) and EBITDA of -₹12.4 Lakh (EBITDA margin -142.3%). Revenue has declined at a compounded annual rate (CAGR) of 22% over three years.

As per MCA filings, the company has open charges of ₹21.5 Lakh on record.

Vika Precision Engineering India Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-11-0000906). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website vikape.in.

Company details

CIN U29309TZ2017PTC029133
Registration Number 029133
Incorporation Date 30 June 2017
ROC Coimbatore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2022
Date of Balance Sheet 31 March 2022
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-TN-11-0000906

Recognitions & Rankings of Vika Precision Engineering India

MSME (Udyam registered) Ministry of MSME
Category
Micro (2022-23)
Udyam number
UDYAM-TN-11-0000906

Contact details

Vika Precision Engineering India Private Limited's registered office is in Hosur, Tamil Nadu. Its website is vikape.in. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
  • Registered Address
    E22 6th Phase SIDCO Industrial Estate Sipcot, Hosur, Tamil Nadu, India – 635126
  • Industry
    Metals and Minerals, Steel Manufacturing & Processing

To see the full contact details of Vika Precision Engineering India Private Limited, buy the company report.

Comprehensive company report
Vika Precision Engineering India 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 Vika Precision Engineering India is manufacturing. In detail, this covers metal and metal products.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC7Metal and metal products

To see the full business activity and turnover split of Vika Precision Engineering India Private Limited, buy the company report.

Financials of Vika Precision Engineering India Private Limited

FY 2022 filings available

Vika Precision Engineering India Private Limited reported revenue of ₹8.71 Lakh (down 75% YoY) for FY 2021.

Revenue · FY 2021
₹8.71 Lakh ▼ 75%
Net loss · FY 2021
₹22.26 Lakh margin -255.4%
EBITDA · FY 2021
-₹12.4 Lakh margin -142.3%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 75%
3 years · compounded
▼ 22%
EBITDA CAGR growth
1 year
▼ 59%
3 years · compounded
▼ 4%

Revenue has declined at a compounded annual rate (CAGR) of 22% over three years, including a 75% fall in the latest year. EBITDA fell 59% 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 2020-21FY 2019-20FY 2018-19FY 2017-18
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue₹8.71 Lakh
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA-₹12.4 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹22.26 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 2020-21FY 2019-20FY 2018-19FY 2017-18
Profitability
EBITDA Margin-142.3%
Net Profit Margin-255.4%
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 Vika Precision Engineering India Private Limited, buy the company report.

Board of directors of Vika Precision Engineering India Private Limited

Vika Precision Engineering India has 5 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Pasupathy GurumurthyDirector18 Nov 20223 Years 11 MonthsCurrent
Kuppusamy BaskarDirector18 Nov 20223 Years 11 MonthsCurrent
Thendral ArasuDirector18 Nov 20223 Years 11 MonthsCurrent
Rajanikanthan VairaperumalDirector30 Jun 20179 Years 3 MonthsCurrent
Senguttuvan VelayudhamDirector30 Jun 20179 Years 3 MonthsCurrent

Auditor

Vika Precision Engineering India Private Limited is audited by MANI SRINIVASAN & ASSOCIATES for the financial year 2021.

Auditor firmFinancial yearFirm registration number
MANI SRINIVASAN & ASSOCIATESFY 2021022018S

Shareholding

The shareholding of Vika Precision Engineering India Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, public shareholders and others.

Shareholder categoryFY 2022FY 2021FY 2020FY 2019FY 2018
Promoters
Domestic institutional investors (DII)
Public
Others

To see the full shareholding pattern of Vika Precision Engineering India Private Limited, buy the company report.

Charges & borrowings

Open charges
₹21.5 Lakh
Satisfied charges
None
Breakdown by lending institutions
Tamilnad Mercantile Bank Limited₹0.22 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
09 Jun 2020100346984Tamilnad Mercantile Bank Limited₹1.5 LakhOpen
09 Jan 2020100316404Tamilnad Mercantile Bank Limited₹20 LakhOpen

Total charge records: 2 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Vika Precision Engineering India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Vika Precision Engineering India has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.

Total GSTINs
1
Cancelled / inactive
1

To see the full GST registrations and return filing status of Vika Precision Engineering India Private Limited, buy the company report.

Recent activity

Vika Precision Engineering India Private Limited has 7 board changes on record since 2017: 5 appointments and 2 cessations. The latest: Rajanikanthan Vairaperumal ceased to be Director on 21 Nov 2022.

Ceased
Rajanikanthan Vairaperumal ceased to be Director.
Ceased
Senguttuvan Velayudham ceased to be Director.
Appointed
Kuppusamy Baskar was appointed as Director.
Appointed
Pasupathy Gurumurthy was appointed as Director.
Appointed
Thendral Arasu was appointed as Director.
AGM
Vika Precision Engineering India Private Limited last Annual general meeting of members was held on 30 Sep 2022 as per latest MCA records.
Filing
Vika Precision Engineering India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2022 with Roc Coimbatore.
Charges
A charge with Tamilnad Mercantile Bank Limited amounted to Rs. 0.02 Cr with Charge ID 100346984 was registered on 09 Jun 2020.
Charges
A charge with Tamilnad Mercantile Bank Limited amounted to Rs. 0.20 Cr with Charge ID 100316404 was registered on 09 Jan 2020.
Appointed
Rajanikanthan Vairaperumal was appointed as Director.
Appointed
Senguttuvan Velayudham was appointed as Director.
Incorporation
30 Jun 2017
Vika Precision Engineering India Private Limited was registered on 30 Jun 2017 with Roc Coimbatore & aged 9 years 3 months as per MCA records.

Frequently asked questions

Vika Precision Engineering India is an active private limited company based in Hosur, Tamil Nadu, India. The company works in steel manufacturing and processing, within the metals and minerals industry. It was incorporated on 30 June 2017 (9+ years old) and is registered under CIN U29309TZ2017PTC029133.

Vika Precision Engineering India has 5 current directors:

The latest financial statements of Vika Precision Engineering India on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from FY 2018 are in the company report.

No. Vika Precision Engineering India has 1 GST registration on record and it is cancelled or inactive.

The CIN (Corporate Identification Number) of Vika Precision Engineering India is U29309TZ2017PTC029133. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Vika Precision Engineering India was incorporated on 30 June 2017, making it 9+ years old. It is registered with the Registrar of Companies, Coimbatore.

Rajanikanthan Vairaperumal ceased to be Director on 21 Nov 2022. Senguttuvan Velayudham ceased to be Director on 21 Nov 2022. Kuppusamy Baskar was appointed as Director on 18 Nov 2022. Vika Precision Engineering India has 7 board changes on record in total.

Yes, Vika Precision Engineering India is registered as a micro enterprise under Udyam registration (number: UDYAM-TN-11-0000906).

Vika Precision Engineering India can be reached through the website vikape.in. Its registered office is in Hosur, Tamil Nadu, India.

The registered office of Vika Precision Engineering India is at E22 6th Phase SIDCO Industrial Estate Sipcot, Hosur, Tamil Nadu, India – 635126.