About Virgo Valves & Controls Private Limited
Data last updated:
Virgo Valves & Controls Private Limited was a private limited company based in Mumbai, Maharashtra, India, operated as a subsidiary of Emerson Process Management (India) Private Limited. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the industrial control valves and systems segment of the machinery and industrial equipment sector. It was incorporated on 11 June 2004.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U29120MH2004PTC146916. Its GSTIN is 27AABCV8733H1Z2 (Maharashtra). The company held 4 GST registrations, of which 1 is active.
The company had an authorised share capital of ₹62 Cr and a paid-up capital of ₹53.11 Lakh. It was led by directors including Sarang Rajaram Sathe (Whole-Time Director) and Avnish Gupta (Whole-Time Director).
Its last annual general meeting (AGM) was held on 29 September 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office was at 7B 3rd Floor Sambhava Chambers Sir P. M. Road Fort, Mumbai, Maharashtra, India – 400001.
As per the financials filed for FY 2017, the company reported a revenue of ₹658.03 Cr, a decline of 27% compared to the previous year. For the same year it recorded a net profit of ₹29.75 Cr (net margin 4.5%) and EBITDA of ₹71.92 Cr (EBITDA margin 10.9%).
The company was associated with 1 brand: Virgo Valves And Controls. As per MCA filings, the company had satisfied charges of ₹808.03 Cr on record. Court records list 4 cases involving the company, including 1 filed by the company and 3 filed against it.
The last known website on record is virgo-valves.com.
Company details
CIN history
Virgo Valves & Controls has one previous CIN (Corporate Identification Number): U29120MH2004PLC146916. The current CIN is U29120MH2004PTC146916, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U29120MH2004PTC146916 | Current |
| U29120MH2004PLC146916 | Previous |
Contact details
Virgo Valves & Controls Private Limited's registered office is in Mumbai, Maharashtra. Its website is virgo-valves.com. Its e-mail address is in the company report.
- Email
- Website
- Registered Address7B 3rd Floor Sambhava Chambers Sir P. M. Road Fort, Mumbai, Maharashtra, India – 400001
- IndustryMachinery and Equipment, Industrial Control Valves & Systems
To see the full contact details of Virgo Valves & Controls Private Limited, buy the company report.
- 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
Brands
Virgo Valves & Controls operates one associated brand: Virgo Valves And Controls. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Specializes in manufacturing and supplying Virgo valves and controls. | virgo-valves.com |
Business activity
The main business activity of Virgo Valves & Controls 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 Virgo Valves & Controls Private Limited, buy the company report.
Financials of Virgo Valves & Controls Private Limited
FY 2017 filings availableVirgo Valves & Controls Private Limited reported revenue of ₹658.03 Cr (down 27% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue fell 27% in the latest year. EBITDA fell 68% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
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| Total Expenses | |||
| EBITDA | ₹71.92 Cr | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | ₹29.75 Cr | ||
| Balance Sheet | |||
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| Reserves and Surplus | |||
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Financial Ratios
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 10.9% | ||
| Net Profit Margin | 4.5% | ||
| Return on Equity (ROE) | |||
| Return on Capital Employed (ROCE) | |||
| Return on Assets (ROA) | |||
| Liquidity and Debt | |||
| Current Ratio | |||
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To see the full financial statements and ratios of Virgo Valves & Controls Private Limited, buy the company report.
Board of directors and KMP of Virgo Valves & Controls Private Limited
Virgo Valves & Controls Private Limited currently reports 4 directors and 1 key managerial person. 20 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Manoj Ramakant Kohok | Company Secretary | 30 Apr 2013 | 13 Years 5 Months | As last reported |
| Christopher Guild Scales | Director | 04 Oct 2013 | 13 Years 0 Months | As last reported |
| Sarang Rajaram Sathe Also directs: Analytiq Business Advisors Private Limited | Whole-Time Director | 26 Aug 2015 | 11 Years 1 Months | As last reported |
| Avnish Gupta Also directs: Trimasys Control Solutions Private Limited, Modular Infotech Private Limited, Snapper Future Tech Private Limited and 4 more | Whole-Time Director | 26 Aug 2015 | 11 Years 1 Months | As last reported |
| Jagdish Shivanand Desai | Director | 29 Jul 2005 | 21 Years 2 Months | As last reported |
Peer comparison
Virgo Valves & Controls Private Limited is compared with the 3 companies closest to it by revenue in the Machinery and Equipment industry (Control Valves), 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 |
|---|---|---|---|---|---|---|
| Ghatge Patil Industries Limited | ₹1,250.33 Cr (FY 2025) | 6.0% | Kolhapur, Maharashtra, India | |||
| Koso India Private Limited | ₹759.91 Cr (FY 2025) | 25.0% | Nashik, Maharashtra, India | |||
| Virgo Valves & Controls Private Limitedthis company | ₹658.03 Cr (FY 2017) | ₹29.75 Cr | 4.5% | -27.0% | Mumbai, Maharashtra, India | |
| Sri Ranganathar Industries Private Limited | ₹526.35 Cr (FY 2025) | 18.0% | Coimbatore, Tamil Nadu, India |
To see the full peer comparison of Virgo Valves & Controls Private Limited, buy the company report.
Auditor
Virgo Valves & Controls Private Limited is audited by B S R and Associates LLP for the financial year 2016.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| B S R and Associates LLP | FY 2016 | 116231W/W100024 |
Shareholding
The shareholding of Virgo Valves & Controls Private Limited is on record for 3 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Virgo Valves & Controls Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 14 Dec 2012 | 10398114 | Kotak Mahindra Bank Limited | ₹12 Cr | Satisfied | |
| 27 Nov 2012 | 10398120 | Kotak Mahindra Bank Limited | ₹24 Cr | Satisfied | |
| 19 Mar 2012 | 10351639 | Dbs Bank Ltd. | ₹24.99 Cr | Satisfied | |
| 19 Mar 2012 | 10351641 | Dbs Bank Ltd. | ₹29.99 Cr | Satisfied | |
| 19 Mar 2012 | 10349625 | Dbs Bank Ltd. | ₹20 Cr | Satisfied |
To see the full charge records of Virgo Valves & Controls Private Limited, buy the company report.
Total charge records: 31 View all charges
Legal cases
Virgo Valves & Controls Private Limited has 4 court cases on record: 1 filed by Virgo Valves & Controls, 3 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 3 | 0 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Pune, Maharashtra | Civil suit | Filed against the company by The State of Maharashtra Through Ashok Dhondiram Khot-Dir. of Indust. Safety and Health | Disposed |
| District court, Maharashtra Industrial and Lab, Maharashtra | Court case (Reference IT) | Filed against the company by an individual | Disposed |
| District court, Maharashtra Industrial and Lab, Maharashtra | Court case (Reference IT) | Filed against the company by an individual | Disposed |
| District court, Maharashtra Industrial and Lab, Maharashtra | Court case (ECA-C) | Filed by the company against an individual | Disposed |
To see the full case history of Virgo Valves & Controls 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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Virgo Valves & Controls Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Virgo Valves & Controls has 4 GST registrations: 1 active and 3 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCV8733H1Z2 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Virgo Valves & Controls Private Limited, buy the company report.
Recent activity
Virgo Valves & Controls Private Limited has 24 board changes on record since 2005: 5 appointments and 19 cessations. The latest: Daniel Glen Button ceased to be Director on 31 Mar 2017.
95 earlier events are in the company report.
Frequently asked questions
Virgo Valves & Controls has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Virgo Valves & Controls was a private limited company based in Mumbai, Maharashtra, India. The company worked in industrial control valves and systems, within the machinery and equipment industry. It was incorporated on 11 June 2004 and is registered under CIN U29120MH2004PTC146916. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Virgo Valves & Controls was incorporated on 11 June 2004. It is registered with the Registrar of Companies, Mumbai.
Virgo Valves & Controls had 5 directors and KMP:
- Sarang Rajaram Sathe - Whole-Time Director
- Avnish Gupta - Whole-Time Director
- Christopher Guild Scales - Director
- Jagdish Shivanand Desai - Director
- Manoj Ramakant Kohok - Company Secretary
The CIN (Corporate Identification Number) of Virgo Valves & Controls is U29120MH2004PTC146916. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Virgo Valves & Controls is at 7B 3rd Floor Sambhava Chambers Sir P. M. Road Fort, Mumbai, Maharashtra, India – 400001.
Virgo Valves & Controls can be reached through the website virgo-valves.com. Its registered office is in Mumbai, Maharashtra, India.
The latest financial statements of Virgo Valves & Controls on record with the MCA are for the year ended 31 March 2017. Its last annual general meeting was held on 29 September 2017. Year-wise statements from 2015 are in the company report.
The GSTIN of Virgo Valves & Controls is 27AABCV8733H1Z2, registered in Maharashtra. The company has 4 GST registrations in all, of which 1 is active and 3 are cancelled or inactive.
Virgo Valves & Controls operated in the machinery and equipment industry, in the industrial control valves and systems segment.
The peers of Virgo Valves & Controls by revenue are Ghatge Patil Industries Limited, Koso India Private Limited, Sri Ranganathar Industries Private Limited, all in the Machinery and Equipment industry (Control Valves), with the same principal business activity (metal and metal products).