Confidence Futuristic Energetech Limited

Manufactures and sells safe and lightweight gas cylinders for domestic and commercial use.

1985 | Thane, Maharashtra (India) | Active
Last Updated:

Confidence Futuristic Energetech Profile

Key Indicators

  • Authorised Capital ₹ 15.00 Cr
  • Paid Up Capital ₹ 12.51 Cr
  • Company Age 39 Year, 9 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 51.74 Cr
  • Revenue Growth 58.50%
  • Profit Growth 108.38%
  • Ebitda -92.35%
  • Net Worth 0.96%
  • Total Assets 1.36%

About Confidence Futuristic Energetech

Confidence Futuristic Energetech Limited (CFEL) is a leading Public Limited Indian Non-Government Company incorporated in India on 26 June 1985 and has a history of 39 years and nine months. Its registered office is in Thane, Maharashtra, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 539991.

The Corporate was formerly known as Globe Industrial Resources Limited. The Company is engaged in the Energy And Power Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 15.00 Cr and a paid-up capital of Rs 12.51 Cr.

The company currently has active open charges totaling ₹51.74 Cr.

The Key Managerial Personnel (KMP) at Confidence Futuristic Energetech Limited India are Prity Bhabhra as COMPANY SECRETARY and Sarvesh Khara as Cfo. Sumant Sutaria, Nitin Khara, Sarvesh Khara, and Three other members serve as directors at the Company.

Company Details

  • Location

    Thane, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    L74110MH1985PLC386541

  • Company No.

    021328

  • Stock Symbol

    BSE : 539991

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    26 Jun 1985

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Listed

  • ROC Code

    Roc Mumbai

Industry

Energy and Power

Who are the key members and board of directors at Confidence Futuristic Energetech?

Executive Team (3)

NameDesignationAppointment DateStatus
Nitin Khara Country flag representing In Managing Director13-Feb-2018Current
Prity Bhabhra Country flag representing In Company Secretary28-May-2018Current
Sarvesh Khara CFO06-Nov-2020Current

Board Members (5)

NameDesignationAppointment DateStatus
Sarvesh Khara Country flag representing In Director 06-Nov-2020Current
Sanjay Naphade Country flag representing In Director 20-Aug-2021Current
Sumant Sutaria Country flag representing In Director 18-Jun-2021Current
Mansi Deogirkar Country flag representing In Additional Director 12-Jun-2024Current
Vaibhav Pradeep Country flag representing In Director 13-Feb-2018Current

Financial Performance of Confidence Futuristic Energetech.

Confidence Futuristic Energetech Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 58.5% increase. The company also saw a substantial improvement in profitability, with a 108.38% increase in profit. The company's net worth moved up by a moderate rise of 0.96%.

Confidence Futuristic Energetech revenue growth over time
Confidence Futuristic Energetech profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
58.50%
Revenue from Operations
21.91%
Total Assets
1.36%
Profit or Loss
108.38%
Net Worth
0.96%
EBITDA
-92.35%

What is the Ownership and Shareholding Structure of Confidence Futuristic Energetech?

In 2023, Confidence Futuristic Energetech had a promoter holding of 61.87% and a public holding of 38.13%. The company had 3 Subsidiaries and 1 Joint Venture. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹51.74 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • State Bank Of India : 45.00 Cr
  • Sidbi : 6.74 Cr

Latest Charge Details

DateLenderAmountStatus
22 Nov 2024Sidbi₹2.48 CrOpen
11 Jul 2024Sidbi₹4.26 CrOpen
13 Dec 2021State Bank Of India₹45.00 CrOpen

How Many Employees Work at Confidence Futuristic Energetech?

Unlock and access historical data on people associated with Confidence Futuristic Energetech, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee growth trends for Confidence Futuristic Energetech Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Confidence Futuristic Energetech, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Confidence Futuristic Energetech's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Confidence Futuristic Energetech

Recent activity within the organization

  • Charges

    A charge with State Bank Of India of Rs. 45.00 Cr registered on 13 Dec 2021 with Charge ID 100510104 was modified on 27 Jan 2025.

  • Charges

    A charge with Sidbi amounted to Rs. 2.48 Cr with Charge ID 101020582 was registered on 22 Nov 2024.

  • Annual General Meeting

    Confidence Futuristic Energetech Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Charges

    A charge with Sidbi amounted to Rs. 4.26 Cr with Charge ID 100954362 was registered on 11 Jul 2024.

  • Director Appointment

    Mansi Manoj Deogirkar was appointed as a Additional Director was appointed as a Additional Director on 12 Jun 2024 & has been associated with this company since 9 months 15 days .

  • Balance Sheet

    Confidence Futuristic Energetech Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

Frequently asked questions

  • What is the Incorporation or founding date of Confidence Futuristic Energetech Limited?

    Confidence Futuristic Energetech Limited was incorporated on 26 Jun 1985.

  • What is authorized share capital and paid-up capital of Confidence Futuristic Energetech Limited?

    The authorized share capital of Confidence Futuristic Energetech Limited is ₹ 15.00 Cr and paid-up capital is ₹ 12.51 Cr.

  • Who are the current board members & directors of Confidence Futuristic Energetech Limited?

    Currently 8 directors are associated with Confidence Futuristic Energetech Limited.

    • Sumant Jayantilal Sutaria
    • Nitin Punamchand Khara
    • Sarvesh Elesh Khara
    • Mansi Manoj Deogirkar
    • Vaibhav Dedhia Pradeep
    • Prity Pramod Bhabhra
    • Sarvesh Elesh Khara
    • Sanjay Ramrao Naphade

  • What is the registered address of Confidence Futuristic Energetech Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Confidence Futuristic Energetech Limited is Office 419 Plot-71, Navi Mumbai India, Thane, Maharashtra, 400703.

  • What is the corporate identification number (CIN) and company number of Confidence Futuristic Energetech Limited?

    The corporate identification number (CIN) of Confidence Futuristic Energetech Limited is L74110MH1985PLC386541 and the company number is 021328 as per Ministry of Corporate Affairs (MCA).

  • Is Confidence Futuristic Energetech Limited registered with any stock exchange in India?

    Yes, Confidence Futuristic Energetech Limited is registered on Bombay Stock Exchange (BSE).

  • What is the official website of Confidence Futuristic Energetech Limited?

    The Official website of Confidence Futuristic Energetech Limited is https://www.globeindustrials.com

  • What has been the recent revenue trend for Confidence Futuristic Energetech Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Confidence Futuristic Energetech Limited has risen by 58.50%.

  • What change has been observed in the net worth of Confidence Futuristic Energetech Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Confidence Futuristic Energetech Limited has experienced an upsurge of 0.96%.

  • What are the total open charges for Confidence Futuristic Energetech Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Confidence Futuristic Energetech Limited amount to ₹ 51.74 Cr.

  • When was the last Balance Sheet of Confidence Futuristic Energetech Limited filed with the ROC?

    The most recent Balance Sheet for Confidence Futuristic Energetech Limited was filed with the ROC on 31 Mar 2024.

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