Victory Electricals Limited

Victory Electricals Limited

Manufacturer of transformers, lightning arresters, and transformer oil with large production and repair capabilities.
2000 | Tiruvallur, Tamil Nadu (India) | Under Liquidation

Last Updated:

May 04, 2024
HomeCompanyVictory Electricals Limited

Who are the key members and board of directors at Victory Electricals?

Executive Team (1)

NameDesignationAppointment DateStatus
Mahendra Vaddineni InManaging Director27-Jul-2000Current

Board Members(2)

NameDesignationAppointment DateStatus
Manoj Vaddineni In Director 27-Jul-2000Current
Venkatappaiah Vaddineni In Director 27-Jul-2000Current

Financial Performance of Victory Electricals.

Victory Electricals Limited, for the financial year ended 2019, experienced significant reduction in revenue, with a 91.48% decrease. The company also saw a substantial fall in profitability, with a 123.6% decrease in profit. The company's net worth observed a substantial decline by a decrease of 21.88%.

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  • 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
-91.48%
Revenue from Operations
Total Assets
-4.61%
Profit or Loss
-123.60%
Net Worth
-21.88%
EBITDA
-321.45%

Related Corporates (Common Directorship)

Charges (Loans)

Open Charges Satisfied Charges

₹357.18 Cr

₹69.40 Cr

LenderAmountStatus

Edelweiss Asset Reconstruction Company Limited

Creation Date: 15 Jun 2011
₹78.75 CrOpen

Ge Capital Services India

Creation Date: 28 Apr 2011
₹12.50 CrOpen

Bank Of Baraoda

Creation Date: 31 Dec 2009
₹3.90 CrOpen

How Many Employees Work at Victory Electricals?

Unlock and access historical data on people associated with Victory Electricals, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee Graph

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Latest Updates, News, and FAQs on Victory Electricals

Recent activity within the organization

  • Annual General Meeting

    Victory Electricals Limited last Annual general meeting of members was held on 29 Sep 2019 as per latest MCA records.

    29 Sep 2019

  • Balance Sheet

    Victory Electricals Limited has filed its annual Financial statements for the year ended 31 Mar 2019 with Roc Chennai.

    31 Mar 2019

  • Charges

    A charge with Edelweiss Asset Reconstruction Company Limited of Rs. 78.75 Cr registered on 15 Jun 2011 with Charge ID 10324975 was modified on 26 Mar 2014.

    26 Mar 2014

  • Charges

    A charge with Bank Of Baroda of Rs. 127.00 Cr registered on 21 Feb 2009 with Charge ID 10149604 was modified on 30 Mar 2013.

    30 Mar 2013

  • Charges

    A charge with State Bank Of India of Rs. 134.68 Cr registered on 09 Jan 2001 with Charge ID 90139293 was modified on 02 Jul 2012.

    02 Jul 2012

  • Charges

    A charge with Edelweiss Asset Reconstruction Company Limited amounted to Rs. 78.75 Cr with Charge ID 10324975 was registered on 15 Jun 2011.

    15 Jun 2011

Frequently asked questions

  • Victory Electricals Limited was incorporated on 27 Jul 2000.

  • The authorized share capital of Victory Electricals Limited is ₹ 8.00 Cr and paid-up capital is ₹ 7.93 Cr.

  • Currently 3 directors are associated with Victory Electricals Limited.

    • Venkatappaiah Naidu Vaddineni
    • Manoj Vaddineni
    • Mahendra Kumar Vaddineni
  • As per Ministry of Corporate Affairs (Mca), the registered address of Victory Electricals Limited is #850/64BT.H.RoadNear Royal Enfield, Thiruvotriyur, Chennai, Tamil Nadu, India, 600019.

  • The corporate identification number (CIN) of Victory Electricals Limited is U31909TN2000PLC078301 and the company number is 078301 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Victory Electricals Limited is https://www.victoryelectricals.com

  • According to the financial reports for the fiscal year 2019, the revenue trend for Victory Electricals Limited has fallen by -91.48%.

  • The financial reports for the fiscal year 2019 indicates that The net worth of Victory Electricals Limited has experienced an downturn of -21.88%.

  • As per the financial statements for fiscal Year 2019, The total open charges for Victory Electricals Limited amount to ₹ 357.18 Cr.

  • The most recent Balance Sheet for Victory Electricals Limited was filed with the ROC on 31 Mar 2019.

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