Afsons Industrial Corporation Limited logo

Afsons Industrial Corporation Limited

Produces paper and paper products for various industries.
1959 | Mumbai, Maharashtra (India) | Active

Last Updated:

July 04, 2024
HomeCompanyAfsons Industrial Corporation Limited

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

Executive Team (1)

NameDesignationAppointment DateStatus
Taherali Kagalwala InManaging Director11-Dec-1967Current

Board Members(5)

NameDesignationAppointment DateStatus
Zainab Kagalwala In Director 30-Oct-2005Current
Moiz Kagalwalla In Director 27-Jun-2003Current
Zakiya Kagalwala In Director 30-Sep-2016Current
Asif Lampwala In Director Current
Zohair Fidvi In Director 30-Sep-2011Current

Financial Performance and Corporate Structure Insights of Afsons Industrial Corporation.

Afsons Industrial Corporation Limited, for the financial year ended 2019, experienced significant reduction in revenue, with a 10.52% decrease. The company also saw a substantial improvement in profitability, with a 59.13% increase in profit. The company's net worth dipped by a decrease of 4.19%.

Revenue Growth Graph
Profit Loss Graph
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metric
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
-10.52%
Revenue from Operations
-10.58%
Total Assets
-2.55%
Profit or Loss
59.13%
Net Worth
-4.19%
EBITDA
13.62%

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Charges (Loans)

Open Charges

₹0.16 Cr

LenderAmountStatus

Others

Creation Date: 14 Jun 2019
₹1.63 MOpen

How Many Employees Work at Afsons Industrial Corporation?

Afsons Industrial Corporation has a workforce of 30 employees as of Mar 28, 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.

Employee Graph

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Rating

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Latest Updates, News, and FAQs on Afsons Industrial Corporation

Recent activity within the organization

  • Annual General Meeting

    Afsons Industrial Corporation Limited last Annual general meeting of members was held on 30 Sep 2019 as per latest MCA records.

    30 Sep 2019

  • Charges

    A charge with Others amounted to Rs. 0.16 Cr with Charge ID 100270044 was registered on 14 Jun 2019.

    14 Jun 2019

  • Balance Sheet

    Afsons Industrial Corporation Limited has filed its annual Financial statements for the year ended 31 Mar 2019 with Roc Mumbai.

    31 Mar 2019

  • Director Appointment

    Zakiya Taherali Kagalwala was appointed as a Director was appointed as a Director on 30 Sep 2016 & has been associated with this company since 8 years 1 month .

    30 Sep 2016

  • Director Appointment

    Zohair Husain Abdul Husain Fidvi was appointed as a Director was appointed as a Director on 30 Sep 2011 & has been associated with this company since 13 years 1 month .

    30 Sep 2011

  • Director Appointment

    Zainab Ashfaq Kagalwala was appointed as a Director was appointed as a Director on 30 Oct 2005 & has been associated with this company since 19 years 20 days .

    30 Oct 2005

Frequently asked questions

  • Afsons Industrial Corporation Limited was incorporated on 23 Sep 1959.

  • The authorized share capital of Afsons Industrial Corporation Limited is ₹ 1.00 Cr and paid-up capital is ₹ 0.25 Cr.

  • Currently 6 directors are associated with Afsons Industrial Corporation Limited.

    • Moiz Abdullabhai Kagalwalla
    • Zakiya Taherali Kagalwala
    • Asif Lampwala
    • Zainab Ashfaq Kagalwala
    • Taherali Abdulla Bhai Kagalwala
    • Zohair Husain Abdul Husain Fidvi
  • As per Ministry of Corporate Affairs (Mca), the registered address of Afsons Industrial Corporation Limited is 18 Shamaldas Gandhi Marg, Fidaalli Building 1St Floor, Mumbai, Maharashtra, India, 400002.

  • The corporate identification number (CIN) of Afsons Industrial Corporation Limited is U99999MH1959PLC011460 and the company number is 011460 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2019, the revenue trend for Afsons Industrial Corporation Limited has fallen by -10.52%.

  • As Per 2019 financial reports, 30 employees are currently employed by Afsons Industrial Corporation Limited.

  • The financial reports for the fiscal year 2019 indicates that The net worth of Afsons Industrial Corporation Limited has experienced an downturn of -4.19%.

  • As per the financial statements for fiscal Year 2019, The total open charges for Afsons Industrial Corporation Limited amount to ₹ 0.16 Cr.

  • The most recent Balance Sheet for Afsons Industrial Corporation Limited was filed with the ROC on 31 Mar 2019.

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