L&T Valves Limited

Joint venture manufacturing valves for various industries, with a focus on power sector.

1961 | Mumbai, Maharashtra (India) | Active
Last Updated: December 29, 2024

L&T Valves Profile

Key Indicators

  • Authorised Capital ₹ 75.00 Cr
  • Paid Up Capital ₹ 18.00 Cr
  • Company Age 63 Year, 2 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 839.50 Cr
  • Satisfied Charges ₹ 317.11 Cr
  • Revenue Growth -19.38%
  • Profit Growth -68.68%
  • Ebitda -69.95%
  • Net Worth 0.42%
  • Total Assets -17.77%

About L&T Valves

L&T Valves Limited (LVL) was founded in India on 23 November 1961 and has a glorious history of 63 years and two months. Its registered office is in Mumbai, Maharashtra, India.

The Corporate was formerly known as Audco India Limited. The Company is engaged in the Machinery And Equipment Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 75.00 Cr and a paid-up capital of Rs 18.00 Cr.

The company currently has active open charges totaling ₹839.50 Cr. The company has closed loans amounting to ₹317.11 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at L&T Valves Limited India is Anil Mehta as COMPANY SECRETARY. Ranganath Krishna, Subramanian Sarma, Siva Vissa, and Three other members serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    lntvalves.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U74999MH1961PLC012188

  • Company No.

    012188

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    23 Nov 1961

  • Date of AGM

    14 Jun 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Machinery and Equipment

What products or services does L&T Valves Limited offer?

L&T Valves Limited offers a wide range of products and services, including Industrial Valves & Valve Fittings, Ball Valves, Rubber Gaskets and Gasket Material, Gaskets, Butterfly Valves, Gate & Sluice Valves, Alloy, Metal and High Strength Bolts, Stud Bolts, Seals, Oil Seals & Industrial Seals, Machine Ring.

Who are the key members and board of directors at L&T Valves?

Executive Team (1)

NameDesignationAppointment DateStatus
Anil Mehta Company Secretary11-Aug-2023Current

Board Members (6)

NameDesignationAppointment DateStatus
Subramanian Sarma Country flag representing In Director 15-Jan-2021Current
Siva Vissa Country flag representing In Director 21-Sep-2016Current
Anil Parab Country flag representing In Director 18-Oct-2022Current
Ranganath Krishna Country flag representing In Director 21-Sep-2016Current
Kalyanaraman Iyer Country flag representing In Whole-Time Director 15-Jan-2021Current
Nandakumar Kulkarni Country flag representing In Director 18-Apr-2022Current

Financial Performance of L&T Valves.

L&T Valves Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 19.38% decrease. The company also saw a substantial fall in profitability, with a 68.68% decrease in profit. The company's net worth moved up by a moderate rise of 0.42%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
-19.38%
Revenue from Operations
-20.31%
Total Assets
-17.77%
Profit or Loss
-68.68%
Net Worth
0.42%
EBITDA
-69.95%

What is the Ownership and Shareholding Structure of L&T Valves?

In 2022, L&T Valves had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹839.50 Cr

Satisfied Charges

₹317.11 Cr

Charges Breakdown by Lending Institutions

  • Others : 839.50 Cr

Latest Charge Details

DateLenderAmountStatus
07 Dec 2007Others₹839.50 CrOpen
16 Dec 2015Hdfc Bank Limited₹15.00 CrSatisfied
16 Mar 2015The Hongkong And Shanghai Banking Corporation Limited₹15.00 CrSatisfied
29 Jul 2008Abn Amro Bank N V₹21.50 CrSatisfied
16 May 2007Bank Of Baroda₹80.00 CrSatisfied

How Many Employees Work at L&T Valves?

L&T Valves has a workforce of 405 employees as of Apr 08, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of L&T Valves, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped L&T Valves's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on L&T Valves

Recent activity within the organization

  • Charges

    A charge with Bank Of Baroda of Rs. 30.02 Cr registered on 10 Dec 1996 with Charge ID 90163464 was modified on 30 Dec 2200.

    30 Dec 2200

  • Annual General Meeting

    L&T Valves Limited last Annual general meeting of members was held on 14 Jun 2024 as per latest MCA records.

    14 Jun 2024

  • Balance Sheet

    L&T Valves Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

    31 Mar 2024

  • Director Appointment

    Anil Kumar Mehta was appointed as a Company Secretary was appointed as a Company Secretary on 11 Aug 2023 & has been associated with this company since 1 year 6 months .

    11 Aug 2023

  • Director Appointment

    Anil Vithal Parab was appointed as a Director was appointed as a Director on 18 Oct 2022 & has been associated with this company since 2 years 4 months .

    18 Oct 2022

  • Director Appointment

    Nandakumar Raghavendra Kulkarni was appointed as a Director was appointed as a Director on 18 Apr 2022 & has been associated with this company since 2 years 10 months .

    18 Apr 2022

Frequently asked questions

  • L&T Valves Limited was incorporated on 23 Nov 1961.

  • The authorized share capital of L&T Valves Limited is ₹ 75.00 Cr and paid-up capital is ₹ 18.00 Cr.

  • Currently 7 directors are associated with L&T Valves Limited.

    • Ranganath Nuggehalli Krishna
    • Subramanian Sudarsanam Sarma
    • Siva Kameswari Vissa
    • Anil Vithal Parab
    • Kalyanaraman Iyer
    • Nandakumar Raghavendra Kulkarni
    • Anil Kumar Mehta
  • As per Ministry of Corporate Affairs (Mca), the registered address of L&T Valves Limited is L T House Ballard Estate, India, Mumbai, Maharashtra, 400001.

  • The corporate identification number (CIN) of L&T Valves Limited is U74999MH1961PLC012188 and the company number is 012188 as per Ministry of Corporate Affairs (MCA).

  • The Official website of L&T Valves Limited is https://www.lntvalves.com

  • According to the financial reports for the fiscal year 2022, the revenue trend for L&T Valves Limited has fallen by -19.38%.

  • As Per 2022 financial reports, 405 employees are currently employed by L&T Valves Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of L&T Valves Limited has experienced an upsurge of 0.42%.

  • As per the financial statements for fiscal Year 2022, The total open charges for L&T Valves Limited amount to ₹ 839.50 Cr.

  • The most recent Balance Sheet for L&T Valves Limited was filed with the ROC on 31 Mar 2024.

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