Ferolite Jointings Profile
Key Indicators
- Authorised Capital ₹ 9.00 M
- Paid Up Capital ₹ 2.83 M
- Company Age 35 Year, 3 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 1.00 M
- Satisfied Charges ₹ 21.33 Cr
- Revenue Growth 24.30%
- Profit Growth 22.05%
- Ebitda 18.25%
- Net Worth -4.07%
- Total Assets -1.93%
About Ferolite Jointings
Ferolite Jointings Limited. (FJL) is a leading Public Limited Indian Non-Government Company incorporated in India on 23 October 1989 and has a history of 35 years and three months. Its registered office is in Delhi, India.
The Corporate was formerly known as Ferolite Jointings Private Limited. The Company is engaged in the Manufacturing 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 9.00 M and a paid-up capital of Rs 2.83 M.
The company currently has active open charges totaling ₹1.00 M. The company has closed loans amounting to ₹21.33 Cr, as per Ministry of Corporate Affairs (MCA) records.
Ashok Sharma, Akshay Sharma, and Sudha Sharma serve as directors at the Company.
Company Details
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Location
Delhi, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media-
Corporate Identity Details
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CIN/LLPIN
U36999DL1989PLC038118
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Company No.
038118
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Company Classification
Public Limited Indian Non-Government Company
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Incorporation Date
23 Oct 1989
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Date of AGM
30 Sep 2023
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Date of Balance Sheet
31 Mar 2023
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Listing Status
Unlisted
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ROC Code
Roc Delhi
Industry
What products or services does Ferolite Jointings Limited. offer?
Ferolite Jointings Limited. offers a wide range of products and services, including Rubber Gaskets and Gasket Material, Gasket Sheet, Yarns & Threads, Fibers, Seals, Oil Seals & Industrial Seals, Seals, Bricks & Construction Aggregates, Building Materials, Metal Gasket, Automotive Gaskets.
Who are the key members and board of directors at Ferolite Jointings?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Ashok Sharma
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Managing Director | 28-Oct-1991 | Current |
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
|
Akshay Sharma
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Whole-Time Director | 24-Mar-2000 | Current |
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Sudha Sharma
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Director | 22-Dec-2010 | Current |
Financial Performance of Ferolite Jointings.
Ferolite Jointings Limited., for the financial year ended 2023, experienced significant growth in revenue, with a 24.3% increase. The company also saw a substantial improvement in profitability, with a 22.05% increase in profit. The company's net worth dipped by a decrease of 4.07%.
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What is the Ownership and Shareholding Structure of Ferolite Jointings?
In 2023, Ferolite Jointings 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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Hilite Industries Private LimitedAshok Sharma, Akshay Sharma and 1 more are mutual person
Charges (Loans)
₹1.00 M
₹213.30 M
Charges Breakdown by Lending Institutions
- Others : 0.10 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 03 Sep 2016 | Others | ₹1.00 M | Open |
| 30 Mar 2009 | Punjab National Bank | ₹0.47 M | Satisfied |
| 16 Sep 2003 | The Pradeshiya Industrial & Investment Corp. Of U.P. Ltd | ₹5.50 M | Satisfied |
| 12 Oct 2002 | The Pradeshiya Industrial & Investment Corp. Of U.P. Ltd | ₹4.60 M | Satisfied |
| 29 May 2002 | Punjab National Bank | ₹4.61 Cr | Satisfied |
How Many Employees Work at Ferolite Jointings?
Ferolite Jointings has a workforce of 96 employees as of Mar 30, 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 Ferolite Jointings, 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 Ferolite Jointings'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.
