Navyug India Limited

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
HomeCompanyNavyug India Limited

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

Executive Team (1)

NameDesignationAppointment DateStatus
Santosh Parmar InManaging Director27-Jul-1992Current

Board Members(4)

NameDesignationAppointment DateStatus
Avnish Parmar In Whole-Time Director 30-Sep-1997Current
Rajnish Parmar In Whole-Time Director 18-Nov-2014Current
Munish Parmar In Whole-Time Director 22-Oct-2014Current
Anish Parmar In Director 12-Jun-2024Current

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%.

Revenue Growth Graph
Profit Loss Graph
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metric
(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%

Charges (Loans)

Open Charges Satisfied Charges

₹10.30 Cr

₹27.69 Cr

LenderAmountStatus

Axis Bank Limited

Creation Date: 06 Dec 2018
₹10.30 CrOpen

Others

Creation Date: 16 Jun 2016
₹9.95 CrSatisfied

Oriental Bank Of Commerce

Creation Date: 20 Jan 2015
₹1.70 CrSatisfied

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.

Employee Graph

Deals i

Rating

Alerts

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 7 months 3 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.

People also Viewed

Similar Companies Based on Rubber-Based Products