star icon Benefits menu iconDashboard
See Price & Plans

Not registered yet? Get a free account.

Sign Up
search icon cancel icon

MERITOR HVS (INDIA) LIMITED

Leave site?

You're about to leave our website and go to an external link. Are you sure?

Active
Updated: 13 Oct 2024

Meritor Hvs (India) Limited, is an unlisted public company incorporated on 13 February, 1998. It is classified as a public limited company and is located in , Karnataka. It's authorized share capital is INR 3.50 cr and the total paid-up capital is INR 2.43 cr.

Meritor Hvs (India) Limited's operating revenue range is Over INR 500 cr for the financial year ending on 31 March, 2024. It's EBITDA has increased by 9.24% over the previous year. At the same time, it's book networth has increased by 10.89%.

Read more

coin img Buy Dashboard using Credits

cancel img

Just a Quick Check!

This action will use 1 of your credits. Are you sure you want to go ahead?

coins img Credits Balance: 0
Checkout other plans arrow img

Industry

Manufacturing (Machinery & Equipments)
Products
  • Different gear parts, Automotive Parts & Components- Trailer Axles, Drive Axles, Motor Grader, Tag Axles, /Brakes- Drum Brakes
Key Metrics

** All rupee values in INR crores. Based on March 2024 numbers.

Sales
2.36%
₹ 2,085.1
EBITDA
9.24%
₹ 145.0
Net Profit
2.2%
₹ 110.1
Networth
10.89%
₹ 265.1
Borrowings
-
₹ -
Assets
-7.04%
₹ 592.0
Gross Margin
0.45
9.9 %
Operating Margin
0.43
7.0 %
Net Profit Margin
0.01
5.3 %
Return on Equity
-3.53
41.5 %
ROCE
-1.55
54.3 %
Debt to Equity
-
0.0
Sales
Mar 2024
Net worth
Mar 2024

filter-square Buy Report or Plans

filter-square

Dashboards

Popular Plan
  • crown icon Company dashboard
    ₹ 449
    • green tick img Five year financials and ratios
    • green tick img Risk analysis
    • green tick img Interactive charts
View subscriptions and buy credits arrow icon

MCA Fillings

  • All financials
    ₹ 349
    • green tick img All financials
    • green tick img All annual returns
    • green tick img MoA and AoA
  • 1 Year
    ₹ 249
    • green tick img Latest financials
    • green tick img Latest annual return
    • green tick img MoA and AoA

PDF Reports

  • Financial report
    ₹ 799
    • green tick img Five year financials and ratios
    • green tick img Shareholding and group structure
    • green tick img Litigation and more
  • Due diligence report
    ₹ 2999
    • green tick img Everything in financial report
    • green tick img Peers and financials

* GST not included

** Reports & MCA filings will be based on the latest available financials.

Locations

indian flag India (3)
State Type Address

location icon Locations on Map

Map placeholder

filter-square Filter (4)

filter-square

Select Tags

Choose Location

Tofler Score

Very Good
score img
Poor
Fair
Good
Very Good
Excellent

Risk

Severe Risk
  • No risks identified
Moderate Risk
  • No risks identified
Low Risk
  • LOW INVENTORY
  • GROSS MARGINS DETERIORATING
About Tofler Score
Tofler Score measures the quality of performance and integrity of a company. It is dependent on three key factors - Sustainability, Governance, and Growth.

Read more

Financial Highlights

** All numbers in INR crores
Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Sales 953.8 893.8 1,372.0 2,037.0 2,085.1
Operating profit 58.0 51.6 103.6 132.7 145.0
Net profit 44.8 37.9 79.6 107.7 110.1
Gross margin 11.8 11.1 11.2 9.4 9.9
Operating margin 6.1 5.8 7.5 6.5 7.0
Net margin 4.7 4.2 5.8 5.2 5.3
Networth 158.0 165.8 209.6 239.0 265.1
Borrowings - - - - -
Assets 311.3 436.6 551.7 636.9 592.0
Debt to equity 0.0 0.0 0.0 0.0 0.0
Current ratio 2.0 1.6 1.6 1.6 1.8
ROE 28.4 22.9 38.0 45.0 41.5
Days payable 63.0 121.0 98.0 76.0 60.0
WC days 57.0 64.0 53.0 41.0 45.0
chart icon

Margins

Gross margin
Operating margin
Net margin

Balance Sheet

₹
%
** All numbers in INR crores
Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Equity Capital 2.4 2.4 2.4 2.4 2.4
Reserves 155.6 163.3 207.2 236.6 262.6
Borrowings + - - - - -
Long term borrowings - - - - -
Short term borrowings - - - - -
Trade payables + 145.4 262.6 327.0 383.9 308.9
Days payable 63.0 121.0 98.0 76.0 60.0
Other liabilities + 153.2 270.9 342.1 397.8 327.0
Other non-current liabilities 1.7 - - 0.8 7.8
Other current liabilities 6.2 8.2 15.0 13.1 10.3
Total liabilities 311.3 436.6 551.7 636.9 592.0
Fixed Assets + 5.4 4.4 4.4 5.0 4.6
Tangible assets 5.2 4.4 4.4 5.0 4.6
CWIP - - - - -
Intangible assets 0.2 - - - -
LT loans and advances - - - - -
Other non-current assets 6.4 5.5 5.0 6.6 10.0
Current assets + 299.5 426.6 542.3 625.2 577.4
Inventories 35.9 31.2 43.2 61.2 54.5
Trade receivables 177.2 309.4 393.0 474.8 452.4
Cash and cash equivalents 51.7 73.7 97.3 79.9 64.0
ST loans and advances - - - 3.1 -
Other current assets 34.7 12.2 8.7 6.1 6.5
Total assets 311.3 436.6 551.7 636.9 592.0
chart icon

Total assets

Profit & Loss

₹
%
** All numbers in INR crores
Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Sales + 953.8 893.8 1,372.0 2,037.0 2,085.1
Sales growth % -46.87 -6.3 53.51 48.46 2.36
Expenses + 898.9 844.5 1,270.8 1,907.1 1,942.8
Cost of goods 841.8 795.0 1,218.3 1,844.4 1,878.7
Employee cost 10.1 8.2 11.3 11.7 12.6
Other costs 44.0 38.9 38.9 48.1 48.8
Operating profit + 58.0 51.6 103.6 132.7 145.0
Operating margin % 6.1 5.8 7.5 6.5 7.0
Other income 6.4 2.0 5.1 14.6 5.3
Interest 0.5 0.3 0.3 0.4 0.4
Depreciation 2.6 2.1 2.0 2.5 2.3
Exceptional items - - - - -
Profit before tax 61.3 51.2 106.4 144.4 147.6
Tax 16.5 13.3 26.7 36.7 37.6
Profit - disc. ops - - - - -
Net profit 44.8 37.9 79.6 107.7 110.1
Net margin % 4.7 4.2 5.8 5.2 5.3
chart icon

Revenue from operations

Ratios

Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Solvency +
Total Debt/Equity 0.0 0.0 0.0 0.0 0.0
Net Debt/Equity 0.0 0.0 0.0 0.0 0.0
Total Debt/Assets 0.0 0.0 0.0 0.0 0.0
Total Assets/Equity 2.0 2.6 2.6 2.7 2.2
Liquidity +
Current Ratio 2.0 1.6 1.6 1.6 1.8
Quick Ratio 1.7 1.5 1.5 1.4 1.6
Interest Coverage 126.3 187.1 336.2 314.6 341.2
Performance
Gross Margin 11.8 11.1 11.2 9.4 9.9
Operating Margin 6.1 5.8 7.5 6.5 7.0
Net Margin 4.7 4.2 5.8 5.2 5.3
Return +
Return on Equity 28.4 22.9 38.0 45.0 41.5
Pre-tax ROCE 36.1 30.9 49.6 55.8 54.3
Return on Assets 14.4 8.7 14.4 16.9 18.6
Pre-tax ROIC 35.0 29.9 48.5 54.5 53.8
Efficiency +
Days Payable 63.0 121.0 98.0 76.0 60.0
Days Inventory 16.0 14.0 13.0 12.0 11.0
Days Receivable 68.0 126.0 105.0 85.0 79.0
Fixed Asset Turnover 177.0 200.9 310.8 406.8 453.3
Total Asset Turnover 3.1 2.0 2.5 3.2 3.5
Working Capital
Cash Conversion Cycle 21.0 19.0 20.0 21.0 30.0
Working Capital Days 57.0 64.0 53.0 41.0 45.0
chart icon

Ratios

Current ratio
Debt/equity ratio

Charges on assets

As per information available, the company has no registered charges.

People

Designation Name DIN/PAN Tenure
Director Bhoopalam Chandrashekharaiah Prabhakar 00040052 10 years
Director Babasaheb Neelkanth Kalyani 00089380 26 years
Director Kenneth James Hogan 09161738 4 years
Director Kishan Kumar Udupi 09718569 1 years

Company Network

Companies connected through Directors

Name Status Paid up Capital Common Directors Address
ALIGN PLACEMENT SERVICES PRIVATE LIMITED
Strike Off
1.0 L 1 Karnataka
BCP ASSOCIATES LLP
Active
1.0 L 1 Karnataka
BHOOPALAM LAW ASSOCIATES LLP
Active
1.0 L 1 Karnataka
AUTOMOTIVE AXLES LIMITED
Active
15.1 Cr 3 Karnataka
HASHAM INVESTMENT AND TRADING CO PVT LTD
Active
4.0 Cr 1 Karnataka
PRAZIM TRADING AND INVESTMENT COMPANY PRIVATE LIMITED.
Active
13.9 L 1 Karnataka
TARISH INVESTMENT AND TRADING COMPANY PRIVATE LIMITED.
Active
1.4 L 1 Karnataka
BF UTILITIES LIMITED
Active
18.8 Cr 1 Maharashtra
BF SYSTEMS LIMITED
Strike Off
0.0 1 Maharashtra
KALYANI ALSTOM POWER LIMITED
Amalgamated
50.0 Cr 1 Delhi
ZEPHYR ENGINEERING AND TECHNOLOGY CONSUL TANTS LLP
Active
1.0 L 1 Maharashtra
KALYANI STEELS LTD
Active
21.8 Cr 1 Maharashtra
KALYANI MAXION WHEELS PRIVATE LIMITED
Active
16.0 Cr 1 Maharashtra
MAXION WHEELS ALUMINUM INDIA PRIVATE LIMITED
Active
455.7 Cr 1 Maharashtra
BHARAT FORGE LTD
Active
93.1 Cr 1 Maharashtra
AXLETECH INDIA PRIVATE LIMITED
Active
14.7 L 1 Delhi

Registered Details

CIN

U29221KA1998PLC023383

PAN

AABCM8911G

Incorporation

1998, 27.2 years

Company Email

meritor.mysuru@cummins.com

Paid up Capital

₹ 2.4 Cr

Authorised Capital

₹ 3.5 Cr

AGM

Aug 2024

Type

Public
Non-government Company

FAQ - MERITOR HVS (INDIA) LIMITED

What is the incorporation date of MERITOR HVS (INDIA) LIMITED?

plus icon

The incorporation date of MERITOR HVS (INDIA) LIMITED is 13 February, 1998

What is the authorized share capital of MERITOR HVS (INDIA) LIMITED?

plus icon

The authorized share capital of MERITOR HVS (INDIA) LIMITED is INR ₹ 3.5 Cr.

What is the paid-up capital of MERITOR HVS (INDIA) LIMITED?

plus icon

The paid-up capital of MERITOR HVS (INDIA) LIMITED is INR ₹ 2.4 Cr.

What is the registered address of MERITOR HVS (INDIA) LIMITED?

plus icon

The registered address of MERITOR HVS (INDIA) LIMITED is HOOTAGALLI INDL. AREAOFF.HANSUR ROAD MYSORE Karnataka - 570018

What is the CIN number of MERITOR HVS (INDIA) LIMITED?

plus icon

The CIN number of MERITOR HVS (INDIA) LIMITED is U29221KA1998PLC023383.

Smart Suggestions

  • Assam
  • Odisha
  • West Bengal
  • Chhattisgarh
  • Rajasthan
  • Himachal Pradesh
  • Uttar Pradesh
  • Haryana
  • Jammu & Kashmir
  • Punjab
  • Blog Categories
  • Top Blog post
  • Financial Resources
Tofler, TWS Systems Private Limited and its officers respect the Intellectual Property Rights of all people. Tofler makes no claim of ownership or affiliation with any trademark (REGISTERED OR UNREGISTERED) that forms part of any Company/LLP name listed on this page. Trademarks, if any, listed on this page belong to... Read More