Triton Valves Limited

Manufacturer of valves and cores for automobile tyre tubes, led by father-son duo.

1975 | Bangaluru, Karnataka (India) | Active
Last Updated: November 16, 2024

Triton Valves Profile

Key Indicators

  • Authorised Capital ₹ 5.00 Cr
  • Paid Up Capital ₹ 1.18 Cr
  • Company Age 49 Year, 5 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 194.02 Cr
  • Satisfied Charges ₹ 146.68 Cr
  • Revenue Growth 10.01%
  • Profit Growth -213.61%
  • Ebitda -56.23%
  • Net Worth -3.16%
  • Total Assets -5.20%

About Triton Valves

Triton Valves Limited (TVL) is a leading Public Limited Indian Non-Government Company incorporated in India on 10 September 1975 and has a history of 49 years and five months. Its registered office is in Bangaluru, Karnataka, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 505978.

The Company is engaged in the Automotive 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 5.00 Cr and a paid-up capital of Rs 1.18 Cr.

The company currently has active open charges totaling ₹194.02 Cr. The company has closed loans amounting to ₹146.68 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Triton Valves Limited India are Naresh Varadarajan as CFO and Bibhuti Mishra as Company Secretary. Shrikant Welling, Aditya Gokarn, Anuradha Gokarn, and Three other members serve as directors at the Company.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    tritonvalves.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    L25119KA1975PLC002867

  • Company No.

    002867

  • Stock Symbol

    BSE : 505978

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    10 Sep 1975

  • Date of AGM

    13 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Listed

  • ROC Code

    Roc Bangalore

Industry

Automotive

What products or services does Triton Valves Limited offer?

Triton Valves Limited offers a wide range of products and services, including Industrial Valves & Valve Fittings, Valve Accessories, Tyre Valve, Tubeless Tyre Valve, Industrial Valves, Valve Caps, Ball Valves, Clamp Valve, Refrigeration Valves, Pressure Gauge.

Who are the key members and board of directors at Triton Valves?

Executive Team (3)

NameDesignationAppointment DateStatus
Aditya Gokarn Country flag representing In Managing Director20-Jun-2005Current
Naresh Varadarajan CFOCurrent
Bibhuti Mishra Country flag representing In Company Secretary14-Mar-2024Current

Board Members (5)

NameDesignationAppointment DateStatus
Shrihari Udupa Country flag representing In Director 12-Aug-2021Current
Prashanth Nayak Country flag representing In Director 04-May-2018Current
Shrikant Welling Country flag representing In Director 28-Jan-2011Current
Anuradha Gokarn Country flag representing In Director 12-Jul-1986Current
Koothanda Appaiah Country flag representing In Whole-Time Director 06-Mar-2023Current

Financial Performance of Triton Valves.

Triton Valves Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 10.01% increase. The company also saw a substantial fall in profitability, with a 213.61% decrease in profit. The company's net worth dipped by a decrease of 3.16%.

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
10.01%
Revenue from Operations
9.60%
Total Assets
-5.20%
Profit or Loss
-213.61%
Net Worth
-3.16%
EBITDA
-56.23%

What is the Ownership and Shareholding Structure of Triton Valves?

In 2022, Triton Valves had a promoter holding of 52.85% and a public holding of 47.14%. The company had 2 Subsidiaries. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹194.02 Cr

Satisfied Charges

₹146.68 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 126.88 Cr
  • Axis Bank Limited : 27.50 Cr
  • The Hongkong And Shanghai Banking Corporation Limited : 22.50 Cr
  • Others : 15.00 Cr
  • Industrial Development Bank Of India : 0.80 Cr
  • Others : 1.34 Cr

Latest Charge Details

DateLenderAmountStatus
02 Feb 2024Others₹5.00 CrOpen
31 Jan 2023Hdfc Bank Limited₹9.94 CrOpen
27 Sep 2022The Hongkong And Shanghai Banking Corporation Limited₹22.50 CrOpen
27 Sep 2022Hdfc Bank Limited₹15.00 CrOpen
27 Sep 2022Hdfc Bank Limited₹9.94 CrOpen

How Many Employees Work at Triton Valves?

Triton Valves has a workforce of 362 employees as of Sep 30, 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 Triton 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 Triton 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 Triton Valves

Recent activity within the organization

  • Annual General Meeting

    Triton Valves Limited last Annual general meeting of members was held on 13 Sep 2024 as per latest MCA records.

    13 Sep 2024

  • Charges

    A charge registered on 08 Jul 2015 via Charge ID 10579031 with Others was fully satisfied on 29 Aug 2024.

    29 Aug 2024

  • Balance Sheet

    Triton Valves Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.

    31 Mar 2024

  • Director Appointment

    Bibhuti Bhusan Mishra was appointed as a Company Secretary was appointed as a Company Secretary on 14 Mar 2024 & has been associated with this company since 11 months 8 days .

    14 Mar 2024

  • Charges

    A charge with Others amounted to Rs. 5.00 Cr with Charge ID 100871757 was registered on 02 Feb 2024.

    02 Feb 2024

  • Charges

    A charge with The Hongkong And Shanghai Banking Corporation Limited of Rs. 22.50 Cr registered on 27 Sep 2022 with Charge ID 100620357 was modified on 22 Dec 2023.

    22 Dec 2023

Recent News, Updates & Announcement

Frequently asked questions

  • Triton Valves Limited was incorporated on 10 Sep 1975.

  • The authorized share capital of Triton Valves Limited is ₹ 5.00 Cr and paid-up capital is ₹ 1.18 Cr.

  • Currently 8 directors are associated with Triton Valves Limited.

    • Shrikant Kamalakant Welling
    • Aditya Maruti Gokarn
    • Anuradha Maruti Gokarn
    • Prashanth Raghunath Nayak
    • Shrihari Mahabal Udupa
    • Koothanda Bheemaiah Appaiah
    • Naresh Varadarajan
    • Bibhuti Bhusan Mishra
  • As per Ministry of Corporate Affairs (Mca), the registered address of Triton Valves Limited is Sunrise Chambers 22 Ulsoor Road, India, Road Bangalore, Karnataka, 560042.

  • The corporate identification number (CIN) of Triton Valves Limited is L25119KA1975PLC002867 and the company number is 002867 as per Ministry of Corporate Affairs (MCA).

  • Yes, Triton Valves Limited is registered on Bombay Stock Exchange (BSE).

  • The Official website of Triton Valves Limited is https://www.tritonvalves.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Triton Valves Limited has risen by 10.01%.

  • As Per 2023 financial reports, 362 employees are currently employed by Triton Valves Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Triton Valves Limited has experienced an downturn of -3.16%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Triton Valves Limited amount to ₹ 194.02 Cr.

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

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