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VOLVO GROUP INDIA PRIVATE LIMITED

Active
Updated: 31 Oct 2024

The company manufactures buses.

Volvo Group India Private Limited, is an unlisted private company incorporated on 02 August, 1996. It is classified as a private limited company and is located in Bangalore, Karnataka. It's authorized share capital is INR 100.00 cr and the total paid-up capital is INR 10.50 cr.

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Industry

Trading
Products
  • intercity buses and coaches, bus chassis, city buses, and tourist coaches, as well as related parts.
Key Metrics

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

Total Revenue
31.26%
₹ 4,856.7
EBITDA
43.79%
₹ 549.9
Net Profit
48.13%
₹ 347.6
Networth
13.65%
₹ 804.8
Borrowings
-70.42%
₹ 75.3
Assets
14.86%
₹ 2,423.9
Gross Margin
-1.88
43.4 %
Operating Margin
0.97
11.5 %
Net Profit Margin
0.82
7.2 %
Return on Equity
10.06
43.2 %
ROCE
21.78
82.1 %
Debt to Equity
-0.27
0.1
Sales
Mar 2024
Net worth
Mar 2024

Locations

indian flag India (14)
State Type Address

location icon Locations on Map

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Tofler Score

Very Good
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Poor
Fair
Good
Very Good
Excellent

Risk

Severe Risk
  • No risks identified
Moderate Risk
  • LOW CASH BALANCE
Low Risk
  • No risks identified
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.

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Financial Highlights

** All numbers in INR crores
Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Sales 2,316.8 2,181.2 2,451.3 3,629.9 4,778.9
Operating profit 236.7 189.4 188.3 382.4 549.9
Net profit 86.3 42.0 122.4 234.7 347.6
Gross margin 50.4 44.1 43.4 45.2 43.4
Operating margin 10.2 8.7 7.7 10.5 11.5
Net margin 3.6 1.9 4.9 6.3 7.2
Networth 711.8 782.0 907.7 708.1 804.8
Borrowings 366.1 220.0 233.2 254.5 75.3
Assets 1,862.0 1,860.2 2,074.1 2,110.2 2,423.9
Debt to equity 0.5 0.3 0.3 0.4 0.1
Current ratio 1.3 1.6 1.6 1.0 1.1
ROE 12.1 5.4 13.5 33.1 43.2
Days payable 115.0 149.0 137.0 116.0 147.0
WC days 40.0 67.0 72.0 0.0 8.0
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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 10.5 10.5 10.5 10.5 10.5
Reserves 701.3 771.5 897.2 697.6 794.2
Borrowings + 366.1 220.0 233.2 254.5 75.3
Long term borrowings 216.1 219.5 231.0 11.2 17.1
Short term borrowings 150.0 0.5 2.3 243.3 58.2
Trade payables + 361.3 496.0 519.9 629.4 1,086.6
Days payable 115.0 149.0 137.0 116.0 147.0
Other liabilities + 784.1 858.1 933.1 1,147.7 1,543.9
Other non-current liabilities 159.8 198.8 188.5 195.9 132.2
Other current liabilities 263.0 163.2 224.8 322.4 325.1
Total liabilities 1,862.0 1,860.2 2,074.1 2,110.2 2,423.9
Fixed Assets + 256.2 374.7 410.3 470.9 418.8
Tangible assets 243.6 365.9 396.4 460.5 396.6
CWIP 12.6 8.8 13.9 10.4 22.2
Intangible assets - - - - -
LT loans and advances - 29.5 - - -
Other non-current assets 579.6 394.9 436.0 447.6 435.0
Current assets + 1,026.3 1,061.0 1,227.7 1,191.7 1,570.1
Inventories 310.9 393.3 400.4 475.3 743.5
Trade receivables 232.0 271.7 333.0 379.0 470.3
Cash and cash equivalents 241.1 145.1 253.9 56.6 80.7
ST loans and advances 44.9 9.3 - - -
Other current assets 197.4 241.6 240.4 280.8 275.6
Total assets 1,862.0 1,860.2 2,074.1 2,110.2 2,423.9
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Total assets

Profit & Loss

%
** All numbers in INR crores
Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Sales + 2,316.8 2,181.2 2,451.3 3,629.9 4,778.9
Sales growth % -22.5 -5.85 12.38 48.08 31.65
Expenses + 2,221.0 2,099.8 2,360.9 3,384.6 4,383.7
Cost of goods 1,149.9 1,218.5 1,386.9 1,987.8 2,706.9
Employee cost 468.6 462.3 507.3 652.4 825.8
Other costs 461.5 311.1 368.9 607.4 696.3
Operating profit + 236.7 189.4 188.3 382.4 549.9
Operating margin % 10.2 8.7 7.7 10.5 11.5
Other income 81.0 57.2 59.5 70.2 77.8
Interest 58.1 32.9 28.9 36.7 31.0
Depreciation 82.8 75.0 68.9 100.3 123.7
Exceptional items - - - - -
Profit before tax 176.9 138.6 149.9 315.6 473.0
Tax 58.0 53.4 27.5 80.9 125.3
Profit - disc. ops -32.6 -43.2 - - -
Net profit 86.3 42.0 122.4 234.7 347.6
Net margin % 3.6 1.9 4.9 6.3 7.2
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Revenue from operations

Ratios

Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Solvency +
Total Debt/Equity 0.5 0.3 0.3 0.4 0.1
Net Debt/Equity 0.2 0.1 0.0 0.3 0.0
Total Debt/Assets 0.2 0.1 0.1 0.1 0.0
Total Assets/Equity 2.6 2.4 2.3 3.0 3.0
Liquidity +
Current Ratio 1.3 1.6 1.6 1.0 1.1
Quick Ratio 0.9 1.0 1.1 0.6 0.6
Interest Coverage 4.1 5.8 6.5 10.4 17.7
Performance
Gross Margin 50.4 44.1 43.4 45.2 43.4
Operating Margin 10.2 8.7 7.7 10.5 11.5
Net Margin 3.6 1.9 4.9 6.3 7.2
Return +
Return on Equity 12.1 5.4 13.5 33.1 43.2
Pre-tax ROCE 30.3 14.7 13.4 60.3 82.1
Return on Assets 4.6 2.3 5.9 11.1 14.3
Pre-tax ROIC 18.4 13.3 13.2 31.1 53.0
Efficiency +
Days Payable 115.0 149.0 137.0 116.0 147.0
Days Inventory 99.0 118.0 105.0 87.0 100.0
Days Receivable 37.0 45.0 50.0 38.0 36.0
Fixed Asset Turnover 9.0 5.8 6.0 7.7 11.4
Total Asset Turnover 1.2 1.2 1.2 1.7 2.0
Working Capital
Cash Conversion Cycle 21.0 14.0 18.0 9.0 -11.0
Working Capital Days 40.0 67.0 72.0 0.0 8.0
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Ratios

Current ratio
Debt/equity ratio

Charges on assets

Bank wise
Charges
1

HDFC Bank Limited

No. of Loans: 234

Total Amount : 43.1 cr

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Charges

HDFC Bank Limited

People

Designation Name DIN/PAN Tenure
Managing Director Kamal Bali 00688141 11 years
Director Joachim Henry Rosenberg 06391543 2 years
Director Sofia Helena Frandberg 06516556 2 years
Director Niklas Valdemar Gustafsson 06895419 11 years
Director Somasundaram Gangadhar 08442843 6 years
Director Joseph Rajaratnam Satish Rajkumar 10648317 1 years
CS Laxminarayana Hegde <HIDDEN> 20 years
CFO Manoj Sebastian <HIDDEN> 8 years

Company Network

Companies connected through Directors

Name Status Paid up Capital Common Directors Address
ANTRIX CORPORATION LIMITED
Active
6.8 Cr 1 Karnataka
SWEDISH CHAMBER OF COMMERCE INDIA
Active
0.0 1 Delhi
VOLVO FINANCIAL SERVICES (INDIA) PRIVATE LIMITED
Active
514.5 Cr 1 Karnataka
VE COMMERCIAL VEHICLES LIMITED
Active
10.0 Cr 2 Delhi

Registered Details

CIN

U50101KA1996PTC024176

PAN

AAACV6747N

Incorporation

1996, 28.8 years

Company Email

laxminarayan.hegde@volvo.com

Paid up Capital

₹ 10.5 Cr

Authorised Capital

₹ 100.0 Cr

AGM

Aug 2024

Type

Private
Non-government Company

FAQ - VOLVO GROUP INDIA PRIVATE LIMITED

What is the incorporation date of VOLVO GROUP INDIA PRIVATE LIMITED?

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The incorporation date of VOLVO GROUP INDIA PRIVATE LIMITED is 02 August, 1996

What is the authorized share capital of VOLVO GROUP INDIA PRIVATE LIMITED?

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The authorized share capital of VOLVO GROUP INDIA PRIVATE LIMITED is INR ₹ 100.0 Cr.

What is the paid-up capital of VOLVO GROUP INDIA PRIVATE LIMITED?

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The paid-up capital of VOLVO GROUP INDIA PRIVATE LIMITED is INR ₹ 10.5 Cr.

What is the registered address of VOLVO GROUP INDIA PRIVATE LIMITED?

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The registered address of VOLVO GROUP INDIA PRIVATE LIMITED is YALACHAHALLY VILLAGE,TAVAREKERE POST HOSKOTE TALUK BANGALORE Karnataka - 560122

What is the CIN number of VOLVO GROUP INDIA PRIVATE LIMITED?

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The CIN number of VOLVO GROUP INDIA PRIVATE LIMITED is U50101KA1996PTC024176.

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