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Company Health Scores
Health scores for Vega covering vendor trust, statutory compliance, financial health and director risk - derived from MCA filings, GST and EPFO records, financial statements and the company's board history.
About Vega
Vega is an MCA-registered Indian company: a Public Limited Indian Non-Government Company (CIN U35999KA1982PLC004792). Business overview includes Manufacturing (Security Products), incorporated on May 31, 1982 (44+ years old), headquartered in Belgaum, Karnataka, India. The company is currently Active with Active Compliant compliance status. For FY 2023, the company reported revenue of ₹491.83 Cr with a profit of ₹49.08 Cr. It has 7 active directors. The company employs approximately 1,593 people. Its latest credit rating is A2 by Crisil.
- Location Plot No.12B, Sy. No.342 (Old 690) Bemciel Industrial Estate, Udyambag, Belgaum, Karnataka - 590008
- Website vegaauto.com
Financial Performance of Vega
| Metrics | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|
| Revenue | 2,20,083.04 cr | 2,35,431.21 cr | 2,51,890.00 cr | 2,18,400.00 cr | 1,95,200.00 cr | 1,72,000.00 cr | 1,59,000.00 cr |
| Profit/Loss | 13,969.70 cr | 4,810.00 cr | 12,200.00 cr | 9,100.00 cr | -8,200.00 cr | 3,200.00 cr | 5,100.00 cr |
| Cash & Bank Balance | 38,200.00 cr | 35,100.00 cr | 32,000.00 cr | 28,500.00 cr | 25,200.00 cr | 22,000.00 cr | 19,800.00 cr |
| Net Worth | 1,26,731.94 cr | 1,37,500.00 cr | 1,40,200.00 cr | 1,28,000.00 cr | 1,15,000.00 cr | 1,02,000.00 cr | 95,000.00 cr |
| EBITDA | 27,865.49 cr | 29,800.00 cr | 30,200.00 cr | 27,000.00 cr | 24,500.00 cr | 22,000.00 cr | 20,100.00 cr |
Financial Ratios
Values in Crores (Cr) - illustrative trend
| Ratio | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
| Net Profit Margin | 10.54 | 3.20 | 2.10 | 1.80 | 0.50 |
| Debt to EBITDA | 2.14 | 1.90 | 1.70 | 1.50 | 1.20 |
| Interest Coverage Ratio | 0.47 | 0.50 | 0.45 | 0.40 | 0.35 |
| Debt to Equity | 0.88 | 0.90 | 0.85 | 0.80 | 0.75 |
| Return on Equity | 12.10 | 3.00 | 2.00 | 1.50 | 0.20 |
| Current Ratio | 1.20 | 1.15 | 1.10 | 1.05 | 0.99 |
| Quick Ratio | 0.95 | 0.92 | 0.88 | 0.85 | 0.80 |
| EBITDA Margin | 12.00 | 10.00 | 8.00 | 7.00 | 5.00 |
| Return on Capital Employed | 8.00 | 2.00 | 1.00 | 0.20 | 0.00 |
| Earning Per Share | 4.00 | 0.00 | 0.00 | 0.00 | 0.00 |
EPFO Establishments (1)
Current Directors (7)
Charges Overview
| Lender | Amount | Status |
|---|---|---|
|
Axis Bank Limited
Creation Date: 28 Mar 2025
|
1.62 cr | Open |
|
Others
Creation Date: 27 Sep 2024
|
32.12 cr | Open |
|
Others
Creation Date: 27 Oct 2023
|
2.85 cr | Closed |
Business Activity
| Activity Group | Description | Turnover % |
|---|---|---|
| Manufacturing | - | 100.00 |
| Manufacturing | - | 100 |
Flagged By Authority
Regulatory and exchange flags (preview)
Legal Cases
- Girdhari Premraj Chindak
- Pramod Kumar Shantilal
- Alpesh Chhaganlal Jain
- Kunal Dilip Chindak
- Ramesh Manickchand Shah
- Uttam Premraj Chindak
- Dilip Premraj Chindak
Disclaimer: Data on this page is compiled from public sources as available in our system at the time of the last update and is for general information only. Scores are derived indicators, not credit ratings or advice - please verify from official sources and consult a professional before making any business or financial decision.