Facor Alloys Limited

Produces ferro-chrome with 72,500 TPA capacity in Andhra Pradesh since 2004.

2004 | Vizianagaram, Andhra Pradesh (India) | Active
Last Updated: December 22, 2024

Facor Alloys Profile

Key Indicators

  • Authorised Capital ₹ 75.00 Cr
  • Paid Up Capital ₹ 19.55 Cr
  • Company Age 20 Year, 9 Months
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 437.77 Cr
  • Revenue Growth 93.21%
  • Profit Growth 3909.06%
  • Ebitda 153.45%
  • Net Worth 12.01%
  • Total Assets -0.88%

About Facor Alloys

Facor Alloys Limited (FAL) is a leading Public Limited Indian Non-Government Company incorporated in India on 14 May 2004 and has a history of 20 years and nine months. Its registered office is in Vizianagaram, Andhra Pradesh, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 532656.

The Company is engaged in the Metals And Minerals 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 75.00 Cr and a paid-up capital of Rs 19.55 Cr.

The company has closed loans amounting to ₹437.77 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Facor Alloys Limited India are Vijay Vashisth as CFO and Sachin Gupta as Company Secretary. Mahendra Thaker, Gaurav Saraf, Manojkumar Saraf, and Four other members serve as directors at the Company.

Company Details

  • Location

    Vizianagaram, Andhra Pradesh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    facoralloys.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    L27101AP2004PLC043252

  • Company No.

    043252

  • Stock Symbol

    BSE : 532656

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    14 May 2004

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Listed

  • ROC Code

    Roc Vijayawada

Industry

Metals and Minerals

What products or services does Facor Alloys Limited offer?

Facor Alloys Limited offers a wide range of products and services, including Iron Ore, Chromite Ore, Ferro Alloys, High Carbon Ferrochrome.

Who are the key members and board of directors at Facor Alloys?

Executive Team (2)

NameDesignationAppointment DateStatus
Vijay Vashisth CFO16-Apr-2021Current
Sachin Gupta Country flag representing In Company Secretary17-Aug-2024Current

Board Members (7)

NameDesignationAppointment DateStatus
Gaurav Saraf Country flag representing In Director 09-Apr-2024Current
Mahendra Thaker Country flag representing In Director 30-Jun-2022Current
Manojkumar Saraf Country flag representing In Director 01-Apr-2022Current
Rambhatla Muralidhar Country flag representing In Director 30-Sep-2024Current
Ashish Agrawal Country flag representing In Whole-Time Director 30-May-2024Current
Vinita Bahri Country flag representing In Director 14-Aug-2024Current

Financial Performance of Facor Alloys.

Facor Alloys Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 93.21% increase. The company also saw a substantial improvement in profitability, with a 3909.06% increase in profit. The company's net worth Soared by an impressive increase of 12.01%.

Graph illustrating revenue growth over time
Graph showing 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
93.21%
Revenue from Operations
79.12%
Total Assets
-0.88%
Profit or Loss
3909.06%
Net Worth
12.01%
EBITDA
153.45%

What is the Ownership and Shareholding Structure of Facor Alloys?

In 2022, Facor Alloys had a promoter holding of 44.29% and a public holding of 55.70%. The company had 3 Subsidiaries. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹437.77 Cr

Charges Breakdown by Lending Institutions

  • Bank Of India : 280.38 Cr
  • State Bank Of India : 90.37 Cr
  • Central Bank Of India : 60.49 Cr
  • Syndicate Bank : 5.66 Cr
  • State Bank Of Bikaner And Jaipur : 0.87 Cr

Latest Charge Details

DateLenderAmountStatus
18 Aug 2012Bank Of India₹55.70 CrSatisfied
01 Aug 2012Bank Of India₹55.70 CrSatisfied
26 Nov 2010State Bank Of India₹30.32 CrSatisfied
18 Sep 2010Central Bank Of India₹24.79 CrSatisfied
18 Sep 2010Bank Of India₹23.33 CrSatisfied

How Many Employees Work at Facor Alloys?

Facor Alloys has a workforce of 448 employees as of Apr 09, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Facor Alloys, 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 Facor Alloys'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 Facor Alloys

Recent activity within the organization

  • Annual General Meeting

    Facor Alloys Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Director Appointment

    Rambhatla Muralidhar was appointed as a Director was appointed as a Director on 30 Sep 2024 & has been associated with this company since 4 months 23 days .

    30 Sep 2024

  • Director Appointment

    Sachin Kumar Gupta was appointed as a Company Secretary was appointed as a Company Secretary on 17 Aug 2024 & has been associated with this company since 6 months 6 days .

    17 Aug 2024

  • Director Appointment

    Vinita Bahri was appointed as a Director was appointed as a Director on 14 Aug 2024 & has been associated with this company since 6 months 9 days .

    14 Aug 2024

  • Director Appointment

    Ashish Agrawal was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 30 May 2024 & has been associated with this company since 8 months 23 days .

    30 May 2024

  • Director Appointment

    Gaurav Vinod Saraf was appointed as a Director was appointed as a Director on 09 Apr 2024 & has been associated with this company since 10 months 13 days .

    09 Apr 2024

Recent News, Updates & Announcement

Frequently asked questions

  • Facor Alloys Limited was incorporated on 14 May 2004.

  • The authorized share capital of Facor Alloys Limited is ₹ 75.00 Cr and paid-up capital is ₹ 19.55 Cr.

  • Currently 9 directors are associated with Facor Alloys Limited.

    • Mahendra Bhawanji Thaker
    • Gaurav Vinod Saraf
    • Manojkumar Umashankar Saraf
    • Rambhatla Muralidhar
    • Ashish Agrawal
    • Vinita Bahri
    • Vijay Vashisth
    • Sachin Kumar Gupta
    • Murlidhar Durgaprasadji Saraf
  • As per Ministry of Corporate Affairs (Mca), the registered address of Facor Alloys Limited is Shreeramnagar P.O. Garividi India, Vizianagaram, Andhra Pradesh, 535101.

  • The corporate identification number (CIN) of Facor Alloys Limited is L27101AP2004PLC043252 and the company number is 043252 as per Ministry of Corporate Affairs (MCA).

  • Yes, Facor Alloys Limited is registered on Bombay Stock Exchange (BSE).

  • The Official website of Facor Alloys Limited is https://www.facoralloys.com

  • According to the financial reports for the fiscal year 2022, the revenue trend for Facor Alloys Limited has risen by 93.21%.

  • As Per 2022 financial reports, 448 employees are currently employed by Facor Alloys Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Facor Alloys Limited has experienced an upsurge of 12.01%.

  • The most recent Balance Sheet for Facor Alloys Limited was filed with the ROC on 31 Mar 2024.

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