Research Store

Research Store

Research Store
add to cart Register yourself and then log-in with your user ID and password, before clicking on 'Add to Cart'
    
Issue Date:27 July 2017     Price in Rs. R 6500    Price in USD. $ 100
    

Hyderabad based Vem Technologies is focussed on defence related businesses like Aerospace, Defence and Homeland Security systems. The company makes components of missiles, laser guided bombs and rockets, UAVs, systems for helicopters and aircrafts, and surveillance systems.

 

In Aug’16, the company announced an aggressive plan to expand its manfucturing; it said it would set up a weapons integration facility in West Godavari district of Andhra Pradesh at an investment of Rs 21.4B (USD 330m). This unit will focus on explosives.

 

Vem was incorporated on 25 October 1993. The company has 8 directors – V. Venkata Raju (managing director), Venkata Satyanarayana Raju Vetukuri, Venkata Siva Rama Raju Vetukuri, Venkata Ramakrishna Raju Vetukuri, Peddinti Radhakrishna Chakrapani, Marraju Venkata Mudundi, Subramaniam Shanmukha Sundaram and Sistla Ravind (nominee director).

 

For the year ended Mar’16, the company reported revenue of INR 1.5B (~USD 23m) and net profit of INR 140m (USD 2.1m). The company employs around 900 people. The company has several quality and safety certifications like AS 9100 C, ISO 14001, CEMILAC, OSHAS 18001

  1. Company Background
  2. Business Highlights
  3. Financial Performance
  4. Financial Details

 

  1. Board of Directors
  2. Financial Summary
  3. Profit & Loss Account
  4. Balance Sheet
  5. Ratios

 

No data to display