Federal Brands Profile
Key Indicators
- Authorised Capital ₹ 16.00 Cr
- Paid Up Capital ₹ 10.90 Cr
- Company Age 42 Year, 1 Month
- Last Filing with ROC 31 Mar 2023
- Satisfied Charges ₹ 81.15 Cr
- Revenue Growth %
- Profit Growth 83.31%
- Ebitda 92.83%
- Net Worth -11.10%
- Total Assets -0.82%
About Federal Brands
Federal Brands Limited (FBL) is a Public Limited Indian Non-Government Company incorporated in India on 30 December 1982 and has a history of 42 years and one month. Its registered office is in Mumbai, Maharashtra, India.
The Corporate was formerly known as Microtex Elastics Limited. The Company is engaged in the Fashion And Textile 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 16.00 Cr and a paid-up capital of Rs 10.90 Cr.
The company has closed loans amounting to ₹81.15 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Federal Brands Limited India are Nidhi Gandhi as COMPANY SECRETARY and Shobha Reddy as Cfo. Taruna Reddy, Lattupalli Reddy, and Shobha Reddy serve as directors at the Company.
Company Details
- Location
Mumbai, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media -
Corporate Identity Details
- CIN/LLPIN
U18101MH1982PLC029000
- Company No.
029000
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
30 Dec 1982
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
What products or services does Federal Brands Limited offer?
Federal Brands Limited offers a wide range of products and services, including Ladies Dresses, Apparels & Clothings, Ladies Jeans, Cotton, Khadi, Other Fabric Clothing, Men Jeans, Apparel Fabrics & Clothing Textiles, Jersey & Knitted Fabric.
Who are the key members and board of directors at Federal Brands?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Nidhi Gandhi  | Company Secretary | Current | |
| Shobha Reddy | CFO | 21-Apr-2019 | Current |
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Taruna Reddy | Whole-Time Director | 15-Jul-2016 | Current |
| Lattupalli Reddy | Director | 29-Sep-2001 | Current |
Financial Performance of Federal Brands.
Federal Brands Limited, for the financial year ended 2023, experienced no change in revenue, with a 0% increase. The company also saw a substantial improvement in profitability, with a 83.31% increase in profit. The company's net worth observed a substantial decline by a decrease of 11.1%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Federal Brands?
In 2023, Federal Brands had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
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- Lovable Lingerie Limited
Taruna Reddy and Lattupalli Reddy are mutual person
Juvenca Online Private LimitedTaruna Reddy and Lattupalli Reddy are mutual person
Kinect Omni Channel Private LimitedTaruna Reddy and Shobha Reddy are mutual person
- Lovable Lifestyles Private Limited
Taruna Reddy and Lattupalli Reddy are mutual person
- Aarthik No-Middleman Online Welfare Foundation
Taruna Reddy and Lattupalli Reddy are mutual person
Charges (Loans)
₹0
₹81.15 Cr
Charges Breakdown by Lending Institutions
- Union Bank Of India : 23.15 Cr
- Corporation Bank : 16.01 Cr
- Union Bank Of India Limited : 14.63 Cr
- Yes Bank Limited : 12.00 Cr
- Standard Chartered Bank : 5.00 Cr
- Others : 10.36 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 20 Feb 2016 | Yes Bank Limited | ₹12.00 Cr | Satisfied |
| 30 Jun 2008 | Barclays Bank Plc | ₹5.00 Cr | Satisfied |
| 16 Apr 2008 | Standard Chartered Bank | ₹5.00 Cr | Satisfied |
| 21 Jan 2008 | Centurion Bank Of Punjab | ₹3.50 Cr | Satisfied |
| 15 Dec 2006 | Union Bank Of India | ₹23.15 Cr | Satisfied |
How Many Employees Work at Federal Brands?
Federal Brands has a workforce of 139 employees as of Mar 31, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Federal Brands, 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 Federal Brands's trajectory.
Rating
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
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.
