Vitthal Corporation Limited

Manufacturer and exporter of sugar, cotton yarn, ENA, RS, and IMFL with integrated cane processing and spinning mill.

1998 | Pune, Maharashtra (India) | Active
Last Updated: December 25, 2024

Vitthal Corporation Profile

Key Indicators

  • Authorised Capital ₹ 43.00 Cr
  • Paid Up Capital ₹ 42.15 Cr
  • Company Age 26 Year, 3 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 506.05 Cr
  • Satisfied Charges ₹ 409.65 Cr
  • Revenue Growth -13.43%
  • Profit Growth -24.08%
  • Ebitda -107.77%
  • Net Worth 0.96%
  • Total Assets -25.68%

About Vitthal Corporation

Vitthal Corporation Limited (VCL) is a leading Public Limited Indian Non-Government Company incorporated in India on 09 October 1998 and has a history of 26 years and three months. Its registered office is in Pune, Maharashtra, India.

The Corporate was formerly known as Vithal Sugars Manufacturing Limited. The Company is engaged in the Agriculture 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 43.00 Cr and a paid-up capital of Rs 42.15 Cr.

The company currently has active open charges totaling ₹506.05 Cr. The company has closed loans amounting to ₹409.65 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Vitthal Corporation Limited India are Sanjay Jamadade as Ceo, Laveena Chanchlani as Company Secretary, and Bhaskar Gavhane as Cfo. Sanjay Shinde, Pravin Patil, Savita Shinde, and Five other members serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    U17120PN1998PLC012939

  • Company No.

    012939

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    09 Oct 1998

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Pune

Industry

Agriculture

What products or services does Vitthal Corporation Limited offer?

Vitthal Corporation Limited offers a wide range of products and services, including Ladies Dresses, Apparels & Clothings, Ladies T-Shirts, Cereals & Food Grains, Sugar, Form Fill & Seal Machines, Pouch Packaging Machines, Fiber Opening Machine, Carding Machines, Men T-Shirts, V-neck Men T-Shirt.

Who are the key members and board of directors at Vitthal Corporation?

Executive Team (4)

Name Designation Appointment Date Status
Yashwant Shinde Country flag representing In Managing Director 22-May-2015 Current
Sanjay Jamadade Country flag representing In CEO 15-May-2019 Current
Laveena Chanchlani Country flag representing In Company Secretary 23-Nov-2022 Current
Bhaskar Gavhane CFO 15-Apr-2019 Current

Board Members (7)

Name Designation Appointment Date Status
Sanjay Shinde Country flag representing In Director 01-Sep-2000 Current
Pravin Patil Country flag representing In Director 14-Jan-2019 Current
Savita Shinde Country flag representing In Director 30-Sep-2015 Current
Vijaykumar Patil Country flag representing In Director 20-May-2016 Current
Bapura Shinde Country flag representing In Director 11-Feb-2019 Current
Gargi Shinde Country flag representing In Additional Director 23-Dec-2020 Current

Financial Performance of Vitthal Corporation.

Vitthal Corporation Limited, for the financial year ended 2020, experienced significant reduction in revenue, with a 13.43% decrease. The company also saw a substantial fall in profitability, with a 24.08% decrease in profit. The company's net worth moved up by a moderate rise of 0.96%.

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
-13.43%
Revenue from Operations
-18.54%
Total Assets
-25.68%
Profit or Loss
-24.08%
Net Worth
0.96%
EBITDA
-107.77%

What is the Ownership and Shareholding Structure of Vitthal Corporation?

In 2020, Vitthal Corporation had a promoter holding of 100.00%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹506.05 Cr

Satisfied Charges

₹409.65 Cr

Charges Breakdown by Lending Institutions

  • Others : 399.51 Cr
  • Punjab National Bank : 106.54 Cr

Latest Charge Details

Date Lender Amount Status
10 Jul 2023 Others ₹87.67 Cr Open
24 May 2023 Others ₹15.00 Cr Open
29 Dec 2022 Others ₹5.00 Cr Open
25 Aug 2022 Others ₹25.00 Cr Open
28 Jun 2022 Others ₹10.00 Cr Open

How Many Employees Work at Vitthal Corporation?

Vitthal Corporation has a workforce of 502 employees as of Apr 08, 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 Vitthal Corporation, 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 Vitthal Corporation'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 Vitthal Corporation

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2023

  • Charges

    A charge with Others amounted to Rs. 87.67 Cr with Charge ID 100743821 was registered on 10 Jul 2023.

    10 Jul 2023

  • Charges

    A charge registered on 14 Sep 2022 via Charge ID 100605543 with Others was fully satisfied on 09 Jun 2023.

    09 Jun 2023

  • Charges

    A charge with Others amounted to Rs. 15.00 Cr with Charge ID 100730638 was registered on 24 May 2023.

    24 May 2023

  • Balance Sheet

    Vitthal Corporation Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Pune.

    31 Mar 2023

  • Charges

    A charge registered on 31 Mar 2021 via Charge ID 100454126 with Others was fully satisfied on 13 Feb 2023.

    13 Feb 2023

Frequently asked questions

  • Vitthal Corporation Limited was incorporated on 09 Oct 1998.

  • The authorized share capital of Vitthal Corporation Limited is ₹ 43.00 Cr and paid-up capital is ₹ 42.15 Cr.

  • Currently 11 directors are associated with Vitthal Corporation Limited.

    • Sanjay Vitthalrao Shinde
    • Pravin Bhimrao Patil
    • Savita Sanjay Shinde
    • Yashwant Sanjay Shinde
    • Vijaykumar Vitthalrao Patil
    • Bapura Narayan Shinde
    • Sanjay Kuber Jamadade
    • Laveena Hashu Chanchlani
    • Bhaskar Gavhane
    • Gargi Yashwant Shinde
    • Uddhav Shripati Mali
  • As per Ministry of Corporate Affairs (Mca), the registered address of Vitthal Corporation Limited is Flat No 104 Suwarnanand Park Plot 48 49 Laxmi Park Colony, Navi Peth India, Pune, Maharashtra, 411030.

  • The corporate identification number (CIN) of Vitthal Corporation Limited is U17120PN1998PLC012939 and the company number is 012939 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Vitthal Corporation Limited is https://www.vitthalcorporationltd.com

  • According to the financial reports for the fiscal year 2020, the revenue trend for Vitthal Corporation Limited has fallen by -13.43%.

  • As Per 2020 financial reports, 502 employees are currently employed by Vitthal Corporation Limited.

  • The financial reports for the fiscal year 2020 indicates that The net worth of Vitthal Corporation Limited has experienced an upsurge of 0.96%.

  • As per the financial statements for fiscal Year 2020, The total open charges for Vitthal Corporation Limited amount to ₹ 506.05 Cr.

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

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