About V.R Valves Private Limited.
Data last updated:
V.R Valves Private Limited. is a private limited company based in Ahmedabad, Gujarat, India. It operates in the industrial control valves and systems segment of the machinery and industrial equipment sector. It was incorporated on 27 February 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U29220GJ2008PTC053062. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹1.25 Cr and a paid-up capital of ₹1.25 Cr. It is led by directors including Rameshbhai Laxmandas Panchal and Ashish Rajendrakumar Bhatt.
Its last annual general meeting (AGM) was held on 30 September 2016, and its latest financial statements are for the year ended 31 March 2016. The registered office is at Survey No. 1095/2 Raghunath Hindi School L. B. S. Road Near D – Mart Bapunagar, Ahmedabad, Gujarat, India – 380024.
As per the financials filed for FY 2016, the company reported a revenue of ₹4.96 Cr, a decline of 18% compared to the previous year. For the same year it recorded a net loss of ₹22.17 Lakh (net margin -4.5%) and EBITDA of ₹61.8 Lakh (EBITDA margin 12.5%).
As per MCA filings, the company has open charges of ₹4 Cr and satisfied charges of ₹17.49 Cr on record. Court records list 13 cases involving the company, including 1 filed by the company and 12 filed against it; 2 cases are pending.
The current compliance status is marked as active non-compliant by the Registrar of Companies. For more details, the company can be reached via its website vrvalves.com.
Company details
Contact details
V.R Valves Private Limited.'s registered office is in Ahmedabad, Gujarat. Its website is vrvalves.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressSurvey No. 1095/2 Raghunath Hindi School L. B. S. Road Near D – Mart Bapunagar, Ahmedabad, Gujarat, India – 380024
- IndustryMachinery and Equipment, Industrial Control Valves & Systems
To see the full contact details of V.R Valves 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
Business activity
The main business activity of V.R Valves Private Limited 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 V.R Valves Private Limited., buy the company report.
Financials of V.R Valves Private Limited.
FY 2016 filings availableV.R Valves Private Limited. reported revenue of ₹4.96 Cr (down 18% YoY) for FY 2016.
Compounded Annual Growth Rate (CAGR)
Revenue fell 18% in the latest year. EBITDA fell 42% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ||
| Other Income | ||
| Total Revenue | ₹4.96 Cr | |
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | ₹61.8 Lakh | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | -₹22.17 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
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 12.5% | |
| Net Profit Margin | -4.5% | |
| 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 | ||
To see the full financial statements and ratios of V.R Valves Private Limited., buy the company report.
Board of directors of V.R Valves Private Limited.
V.R Valves Private Limited has 4 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rameshbhai Laxmandas Panchal | Director | 27 Feb 2008 | 18 Years 7 Months | Current |
| Ashish Rajendrakumar Bhatt | Director | 27 Feb 2008 | 18 Years 7 Months | Current |
| Vijay Laxmandas Panchal | Director | 27 Feb 2008 | 18 Years 7 Months | Current |
| Vikramkumar Rameshkumar Panchal | Director | 27 Feb 2008 | 18 Years 7 Months | Current |
Peer comparison
V.R Valves Private Limited. is compared with the 6 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 |
|---|---|---|---|---|---|---|
| TS Flow Controls Private Limited | ₹5.12 Cr (FY 2024) | 8.0% | Karnataka, India | |||
| Fluid Control Equipments Pvt. Ltd. | ₹5.09 Cr (FY 2024) | 153.0% | Howrah, West Bengal, India | |||
| Bangalore Valves Private Limited | ₹5.05 Cr (FY 2024) | 25.0% | Bangalore, Karnataka, India | |||
| V.R Valves Private Limited.this company | ₹4.96 Cr (FY 2016) | -₹22.17 Lakh | -4.5% | -18.0% | Ahmedabad, Gujarat, India | |
| Sun Valves Industries Private Limited | ₹4.88 Cr (FY 2024) | -12.0% | Ahmedabad, Gujarat, India | |||
| Microface Engineers (Madras) Private Limited | ₹4.79 Cr (FY 2024) | -6.0% | Chennai, Tamil Nadu, India | |||
| Redbridge Valves Private Limited | ₹4.73 Cr (FY 2024) | -33.0% | Chennai, Tamil Nadu, India |
To see the full peer comparison of V.R Valves Private Limited., buy the company report.
Auditor
V.R Valves Private Limited. is audited by Ramesh P. Jain & Co. for the financial year 2016.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Ramesh P. Jain & Co. | FY 2016 |
Shareholding
The shareholding of V.R Valves Private Limited. is on record for 2 financial years, the latest being FY 2016, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2016 | FY 2015 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of V.R Valves Private Limited., buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 05 May 2016 | 100028770 | Others | ₹4 Cr | Open | |
| 09 Dec 2013 | 10471410 | Dena Bank | ₹4.55 Cr | Satisfied | |
| 17 Sep 2012 | 10380618 | Intec Capital Limited | ₹1 Cr | Satisfied | |
| 25 Aug 2012 | 10380621 | Intec Capital Limited | ₹1 Cr | Satisfied | |
| 25 Jul 2012 | 10371193 | Shriram City Union Finance Limited | ₹5 Cr | Satisfied |
To see the full charge records of V.R Valves Private Limited., buy the company report.
Total charge records: 8 View all charges
Legal cases
V.R Valves Private Limited. has 13 court cases on record: 1 filed by V.R Valves Private Limited, 12 filed against it. 2 cases are pending and 11 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 12 | 12 | 2 |
| High courts | 1 | 0 | 0 |
Cases on record (5 of 13)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed against the company by Essbee Technocast Pvt Ltd, Abubakar Abdul Latif Safri | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (SUMMONS CASES SS) | Filed against the company by an individual | Pending |
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed against the company by Shri Hans Aloyas Limited/ Mukesh Shyamlal Dave | Pending |
| High Court, GUJARAT | Special civil application | Filed by the company against The Authorised Officer, Vijay Co. Op. Bank Ltd. and 1 other | Disposed |
| District court, Ahmedabad, Gujarat | Criminal miscellaneous application | Filed against the company by The Vijay Co.Op.Bank Ltd-Niravbhai R Choksi | Disposed |
To see the full case history of V.R Valves 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 V.R Valves Private Limited.; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
V.R Valves Private Limited has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of V.R Valves Private Limited., buy the company report.
Recent activity
V.R Valves Private Limited. has 4 board changes on record since 2008: 4 appointments. The latest: Ashish Rajendrakumar Bhatt was appointed as Director on 27 Feb 2008.
12 earlier events are in the company report.
Frequently asked questions
V.R Valves Private Limited is an active private limited company based in Ahmedabad, Gujarat, India. The company works in industrial control valves and systems, within the machinery and equipment industry. It was incorporated on 27 February 2008 (18+ years old) and is registered under CIN U29220GJ2008PTC053062.
V.R Valves Private Limited has 4 current directors:
- Rameshbhai Laxmandas Panchal - Director
- Ashish Rajendrakumar Bhatt - Director
- Vijay Laxmandas Panchal - Director
- Vikramkumar Rameshkumar Panchal - Director
The latest financial statements of V.R Valves Private Limited on record with the MCA are for the year ended 31 March 2016. Its last annual general meeting was held on 30 September 2016. Year-wise statements from 2015 are in the company report.
No. V.R Valves Private Limited has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of V.R Valves Private Limited is U29220GJ2008PTC053062. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
V.R Valves Private Limited has 13 court cases on record: 1 filed by the company and 12 filed against it. 2 are pending. Most are in the district courts.
V.R Valves Private Limited was incorporated on 27 February 2008, making it 18+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of V.R Valves Private Limited by revenue are TS Flow Controls Private Limited, Fluid Control Equipments Pvt. Ltd, Bangalore Valves Private Limited, Sun Valves Industries Private Limited, Microface Engineers (Madras) Private Limited and 1 more, all in the Machinery and Equipment industry (Control Valves), with the same principal business activity (metal and metal products).
Ashish Rajendrakumar Bhatt was appointed as Director on 27 Feb 2008. Rameshbhai Laxmandas Panchal was appointed as Director on 27 Feb 2008. Vijay Laxmandas Panchal was appointed as Director on 27 Feb 2008. V.R Valves Private Limited has 4 board changes on record in total.
V.R Valves Private Limited can be reached through the website vrvalves.com. Its registered office is in Ahmedabad, Gujarat, India.
The registered office of V.R Valves Private Limited is at Survey No. 10952 Raghunath Hindi School L. B. S. Road Near D – Mart Bapunagar, Ahmedabad, Gujarat, India – 380024.