Victory Transformers & Switchgears Profile
Key Indicators
- Authorised Capital ₹ 6.00 Cr
- Paid Up Capital ₹ 5.90 Cr
- Company Age 20 Year, 9 Months
- Last Filing with ROC 31 Mar 2019
- Open Charges ₹ 465.05 Cr
- Satisfied Charges ₹ 122.50 Cr
- Revenue Growth -96.31%
- Profit Growth -119.52%
- Ebitda -92.36%
- Net Worth -63.26%
- Total Assets -11.55%
About Victory Transformers & Switchgears
Company Details
- Location
Tiruvallur, Tamil Nadu, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media-
Corporate Identity Details
- CIN/LLPIN
U29199TN2004PLC078244
- Company No.
078244
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
30 Apr 2004
- Date of AGM
28 Sep 2019
- Date of Balance Sheet
31 Mar 2019
- Listing Status
Unlisted
- ROC Code
Roc Chennai
Industry
What products or services does Victory Transformers & Switchgears Limited offer?
Victory Transformers & Switchgears Limited offers a wide range of products and services, including Fuses, Circuit Breakers & Components, High Voltage Circuit Breakers, Circuit Breakers, Vacuum Circuit Breaker, Vacuum Circuit Breaker Panel, Power Transformers, Transformers, Distribution Transformer, Three Phase Distribution Transformers, Transformer Parts.
Who are the key members and board of directors at Victory Transformers & Switchgears?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Mahendra Vaddineni  | Managing Director | 30-Apr-2004 | Current |
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Manoj Vaddineni | Whole-Time Director | 10-May-2004 | Current |
| Venkatappaiah Vaddineni | Director | 30-Apr-2004 | Current |
| Manish Chhajed | Director | Current |
Financial Performance of Victory Transformers & Switchgears.
Victory Transformers & Switchgears Limited, for the financial year ended 2019, experienced significant reduction in revenue, with a 96.31% decrease. The company also saw a substantial fall in profitability, with a 119.52% decrease in profit. The company's net worth observed a substantial decline by a decrease of 63.26%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Victory Transformers & Switchgears?
In 2019, Victory Transformers & Switchgears had a promoter holding of 75.06% and a public holding of 24.94%. The company had 3 Subsidiaries. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Zwc Solutions Private LimitedManish Chhajed is a mutual person
Metflux Research Private LimitedManish Chhajed is a mutual person
Accel Techinnova Private LimitedManish Chhajed is a mutual person
Dror Labs Private LimitedManish Chhajed is a mutual person
Shanrohi Technologies Private LimitedManish Chhajed is a mutual person
Ema Special Products & Services Private LimitedManish Chhajed is a mutual person
Charges (Loans)
₹465.05 Cr
₹122.50 Cr
Charges Breakdown by Lending Institutions
- State Bank Of India : 338.55 Cr
- Bank Of Baroda : 83.00 Cr
- Edelweiss Asset Reconstruction Company Limited : 31.00 Cr
- Ge Capital Services India : 12.50 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 15 Jun 2011 | Edelweiss Asset Reconstruction Company Limited | ₹31.00 Cr | Open |
| 28 Apr 2011 | Ge Capital Services India | ₹12.50 Cr | Open |
| 16 Nov 2009 | State Bank Of India | ₹242.12 Cr | Open |
| 23 Mar 2009 | Bank Of Baroda | ₹83.00 Cr | Open |
| 14 Aug 2004 | State Bank Of India | ₹5.00 Cr | Open |
How Many Employees Work at Victory Transformers & Switchgears?
Unlock and access historical data on people associated with Victory Transformers & Switchgears, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Victory Transformers & Switchgears, 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 Victory Transformers & Switchgears's trajectory.
Rating
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
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.
