Navyug India Limited

Manufacturer of rubber V-belts, flat transmission belts, and hoses for mining, quarrying, and transport industries.

1973 | Punjab, Punjab (India) | Active
Last Updated: October 24, 2024

Navyug India Profile

Key Indicators

  • Authorised Capital ₹ 2.50 Cr
  • Paid Up Capital ₹ 2.25 Cr
  • Company Age 51 Year, 2 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 10.30 Cr
  • Satisfied Charges ₹ 27.69 Cr
  • Revenue Growth -36.44%
  • Profit Growth -48.26%
  • Ebitda -15.68%
  • Net Worth 0.89%
  • Total Assets -9.78%

About Navyug India

Navyug India Limited (NIL) was founded in India on 03 December 1973 and has a glorious history of 51 years and two months. Its registered office is in Punjab, Punjab.

The Company is engaged in the Manufacturing Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 2.50 Cr and a paid-up capital of Rs 2.25 Cr.

The company currently has active open charges totaling ₹10.30 Cr. The company has closed loans amounting to ₹27.69 Cr, as per Ministry of Corporate Affairs (MCA) records.

Avnish Parmar, Rajnish Parmar, Santosh Parmar, and Two other members serve as directors at the Company.

Company Details

  • Location Punjab, Punjab
  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    navyugbelts.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U27109PB1973PLC003371

  • Company No.

    003371

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    03 Dec 1973

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chandigarh

Industry

Manufacturing

Who are the key members and board of directors at Navyug India?

Executive Team (1)

Name Designation Appointment Date Status
Santosh Parmar Country flag representing In Managing Director 27-Jul-1992 Current

Board Members (4)

Name Designation Appointment Date Status
Avnish Parmar Country flag representing In Whole-Time Director 30-Sep-1997 Current
Rajnish Parmar Country flag representing In Whole-Time Director 18-Nov-2014 Current
Munish Parmar Country flag representing In Whole-Time Director 22-Oct-2014 Current
Anish Parmar Country flag representing In Director 12-Jun-2024 Current

Financial Performance of Navyug India.

Navyug India Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 36.44% decrease. The company also saw a substantial fall in profitability, with a 48.26% decrease in profit. The company's net worth moved up by a moderate rise of 0.89%.

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
-36.44%
Revenue from Operations
-36.94%
Total Assets
-9.78%
Profit or Loss
-48.26%
Net Worth
0.89%
EBITDA
-15.68%

What is the Ownership and Shareholding Structure of Navyug India?

In 2023, Navyug India had a promoter holding of 99.69% and a public holding of 0.31%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹10.30 Cr

Satisfied Charges

₹27.69 Cr

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 10.30 Cr

Latest Charge Details

Date Lender Amount Status
06 Dec 2018 Axis Bank Limited ₹10.30 Cr Open
16 Jun 2016 Others ₹9.95 Cr Satisfied
20 Jan 2015 Oriental Bank Of Commerce ₹1.70 Cr Satisfied
24 Dec 2014 Others ₹8.70 Cr Satisfied
23 Apr 2007 State Bank Of India ₹7.34 Cr Satisfied

How Many Employees Work at Navyug India?

Navyug India has a workforce of 55 employees as of Apr 07, 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 Navyug India, 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 Navyug India'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 Navyug India

Recent activity within the organization

  • Charges

    A charge with Axis Bank Limited of Rs. 10.30 Cr registered on 06 Dec 2018 with Charge ID 100225141 was modified on 20 Jul 2024.

    20 Jul 2024

  • Director Appointment

    Anish Parmar was appointed as a Director was appointed as a Director on 12 Jun 2024 & has been associated with this company since 8 months 2 days .

    12 Jun 2024

  • Annual General Meeting

    Navyug India Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Navyug India Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chandigarh.

    31 Mar 2023

  • Charges

    A charge registered on 16 Jun 2016 via Charge ID 100042394 with Others was fully satisfied on 29 Aug 2019.

    29 Aug 2019

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 10.30 Cr with Charge ID 100225141 was registered on 06 Dec 2018.

    06 Dec 2018

Frequently asked questions

  • Navyug India Limited was incorporated on 03 Dec 1973.

  • The authorized share capital of Navyug India Limited is ₹ 2.50 Cr and paid-up capital is ₹ 2.25 Cr.

  • Currently 5 directors are associated with Navyug India Limited.

    • Avnish Parmar
    • Rajnish Parmar
    • Santosh Kumar Parmar
    • Munish Kumar Parmar
    • Anish Parmar
  • As per Ministry of Corporate Affairs (Mca), the registered address of Navyug India Limited is G T Roadbye Pass Jalandhar India, Punjab.

  • The corporate identification number (CIN) of Navyug India Limited is U27109PB1973PLC003371 and the company number is 003371 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Navyug India Limited is https://www.navyugbelts.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Navyug India Limited has fallen by -36.44%.

  • As Per 2023 financial reports, 55 employees are currently employed by Navyug India Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Navyug India Limited has experienced an upsurge of 0.89%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Navyug India Limited amount to ₹ 10.30 Cr.

  • The most recent Balance Sheet for Navyug India Limited was filed with the ROC on 31 Mar 2023.

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