Farmico Cold Chain & Logistics Limited

Founded in 1989 and headquartered in Maharashtra, India.

1989 | Mumbai, Maharashtra (India) | Active
Last Updated: October 04, 2024

Farmico Cold Chain & Logistics Profile

Key Indicators

  • Authorised Capital ₹ 5.00 Cr
  • Paid Up Capital ₹ 3.20 Cr
  • Company Age 35 Year, 5 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 19.65 Cr
  • Satisfied Charges ₹ 286.98 Cr
  • Revenue Growth -35.43%
  • Profit Growth -84.51%
  • Ebitda -62.80%
  • Net Worth 3.20%
  • Total Assets 6.75%

About Farmico Cold Chain & Logistics

Farmico Cold Chain & Logistics Limited (FCCLL) is a leading Public Limited Indian Non-Government Company incorporated in India on 19 September 1989 and has a history of 35 years and five months. Its registered office is in Mumbai, Maharashtra, India.

The Corporate was formerly known as Wadhwani Cold Storage And Ice Plant Private Limited. The Company is engaged in the Transport And Logistics Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 5.00 Cr and a paid-up capital of Rs 3.20 Cr.

The company currently has active open charges totaling ₹19.65 Cr. The company has closed loans amounting to ₹286.98 Cr, as per Ministry of Corporate Affairs (MCA) records.

Prakash Wadhwani, Vimal Shah, Arvind Meena, and Three other members serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    farmico.co.in

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U74110MH1989PLC053536

  • Company No.

    053536

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    19 Sep 1989

  • Date of AGM

    29 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Transport and Logistics

Who are the key members and board of directors at Farmico Cold Chain & Logistics?

Board Members (6)

NameDesignationAppointment DateStatus
Vimal Shah Country flag representing In Director 07-Apr-2021Current
Arvind Meena Country flag representing In Director 15-Dec-2021Current
Prakash Wadhwani Country flag representing In Director 19-Sep-1989Current
Naresh Nagdev Country flag representing In Director 18-Mar-2019Current
Nitin Agrawal Country flag representing In Director 10-Feb-2023Current
Shradha Dua Country flag representing In Additional Director 10-Jan-2024Current

Financial Performance of Farmico Cold Chain & Logistics.

Farmico Cold Chain & Logistics Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 35.43% decrease. The company also saw a substantial fall in profitability, with a 84.51% decrease in profit. The company's net worth moved up by a moderate rise of 3.2%.

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
-35.43%
Revenue from Operations
-35.48%
Total Assets
6.75%
Profit or Loss
-84.51%
Net Worth
3.20%
EBITDA
-62.80%

What is the Ownership and Shareholding Structure of Farmico Cold Chain & Logistics?

In 2023, Farmico Cold Chain & Logistics had a promoter holding of 84.87% and a public holding of 15.13%. The company had 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹19.65 Cr

Satisfied Charges

₹286.98 Cr

Charges Breakdown by Lending Institutions

  • Others : 19.65 Cr

Latest Charge Details

DateLenderAmountStatus
19 Mar 2018Others₹19.65 CrOpen
22 Feb 2015Capital First Limited₹13.32 CrSatisfied
31 Oct 2013Religare Finvest Limited₹7.50 CrSatisfied
21 Oct 2005Bank Of India₹4.00 CrSatisfied
24 Aug 2005Bank Of India₹7.62 CrSatisfied

How Many Employees Work at Farmico Cold Chain & Logistics?

Unlock and access historical data on people associated with Farmico Cold Chain & Logistics, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Farmico Cold Chain & Logistics, 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 Farmico Cold Chain & Logistics'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 Farmico Cold Chain & Logistics

Recent activity within the organization

  • Charges

    A charge with Others of Rs. 19.65 Cr registered on 19 Mar 2018 with Charge ID 100178559 was modified on 26 Jun 2024.

    26 Jun 2024

  • Director Appointment

    Shradha Rajit Dua was appointed as a Additional Director was appointed as a Additional Director on 10 Jan 2024 & has been associated with this company since 1 year 1 month .

    10 Jan 2024

  • Annual General Meeting

    Farmico Cold Chain & Logistics Limited last Annual general meeting of members was held on 29 Sep 2023 as per latest MCA records.

    29 Sep 2023

  • Balance Sheet

    Farmico Cold Chain & Logistics Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

    31 Mar 2023

  • Director Appointment

    Arvind Kumar Meena was appointed as a Director was appointed as a Director on 15 Dec 2021 & has been associated with this company since 3 years 2 months .

    15 Dec 2021

  • Charges

    A charge registered on 22 Feb 2015 via Charge ID 10565880 with Capital First Limited was fully satisfied on 22 Sep 2021.

    22 Sep 2021

Frequently asked questions

  • Farmico Cold Chain & Logistics Limited was incorporated on 19 Sep 1989.

  • The authorized share capital of Farmico Cold Chain & Logistics Limited is ₹ 5.00 Cr and paid-up capital is ₹ 3.20 Cr.

  • Currently 6 directors are associated with Farmico Cold Chain & Logistics Limited.

    • Prakash Uttamchand Wadhwani
    • Vimal Mahesh Shah
    • Arvind Kumar Meena
    • Naresh Ghanshyam Nagdev
    • Nitin Agrawal
    • Shradha Rajit Dua
  • As per Ministry of Corporate Affairs (Mca), the registered address of Farmico Cold Chain & Logistics Limited is Off No.100610Th FloorHubtown Solaris N.S Phadke RoadSaiwadi Near Gokhle Fly Over Andh, Eri(E), Mumbai, Maharashtra, India, 400069.

  • The corporate identification number (CIN) of Farmico Cold Chain & Logistics Limited is U74110MH1989PLC053536 and the company number is 053536 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Farmico Cold Chain & Logistics Limited is https://www.farmico.co.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Farmico Cold Chain & Logistics Limited has fallen by -35.43%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Farmico Cold Chain & Logistics Limited has experienced an upsurge of 3.20%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Farmico Cold Chain & Logistics Limited amount to ₹ 19.65 Cr.

  • The most recent Balance Sheet for Farmico Cold Chain & Logistics Limited was filed with the ROC on 31 Mar 2023.

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