Ferro Foundries Private Limited

This company specializes in material handling equipment for various industries and has international clients.

1977 | Mysore, Karnataka (India) | Active
Last Updated:

Ferro Foundries Profile

Key Indicators

  • Authorised Capital ₹ 5.00 M
  • Paid Up Capital ₹ 4.53 M
  • Company Age 47 Year, 10 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 1.21 M
  • Revenue Growth 11.81%
  • Profit Growth 39.65%
  • Ebitda 32.61%
  • Net Worth 15.08%
  • Total Assets 11.36%

About Ferro Foundries

Ferro Foundries Private Limited (FFPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 02 July 1977 and has a history of 47 years and ten months. Its registered office is in Mysore, Karnataka.

The Company is engaged in the Machinery And Equipment 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 5.00 M and a paid-up capital of Rs 4.53 M.

The company currently has active open charges totaling ₹1.21 M.

The Key Managerial Personnel (KMP) at Ferro Foundries Private Limited India is Haider Khorakiwala as CEO. Moiz Vagh, Yusuf Vagh, Shabbir Vagh, and Five other members serve as directors at the Company.

Company Details

  • Location Mysore, Karnataka
  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U29214KA1977PTC003174

  • Company No.

    003174

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    02 Jul 1977

  • Date of AGM

    27 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Machinery and Equipment

What products or services does Ferro Foundries Private Limited offer?

Ferro Foundries Private Limited offers a wide range of products and services, including Automotive Repair Tools & Equipments, Vehicle Lift, Material Handling Machines & Systems, Loading Dock Equipment, Load Lifter, Lifting Table, Goods Lift, Hydraulic Goods Lift, Elevators & Escalators, Scissor Lifts.

Company report

Ferro Foundries Private Limited

Explore comprehensive data for Ferro Foundries Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Ferro Foundries?

Executive Team (1)

NameDesignationAppointment DateStatus
Haider Khorakiwala CEO21-Nov-2024Current

Board Members (8)

NameDesignationAppointment DateStatus
Moiz Vagh Country flag representing In Director 04-Jul-1977Current
Yusuf Vagh Country flag representing In Director 28-Sep-2011Current
Shabbir Vagh Country flag representing In Director 13-Nov-2023Current
Noman Khorakiwala Country flag representing In Whole-Time Director 02-Jul-1977Current
Abdul Vagh Country flag representing In Director 28-Dec-1987Current
Abbas Vagh Country flag representing In Director 28-Dec-1987Current

Financial Performance of Ferro Foundries.

Ferro Foundries Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 11.81% increase. The company also saw a substantial improvement in profitability, with a 39.65% increase in profit. The company's net worth Soared by an impressive increase of 15.08%.

Ferro Foundries revenue growth over time
Ferro Foundries 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
11.81%
Revenue from Operations
13.58%
Total Assets
11.36%
Profit or Loss
39.65%
Net Worth
15.08%
EBITDA
32.61%

What is the Ownership and Shareholding Structure of Ferro Foundries?

In 2023, Ferro Foundries had a public holding of 65.04%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹1.21 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • State Bank Of India : 0.12 Cr

Latest Charge Details

DateLenderAmountStatus
04 Aug 1986State Bank Of India₹0.23 MOpen
21 Jun 1983State Bank Of India₹0.20 MOpen
23 Mar 1982State Bank Of India₹0.40 MOpen
22 Jun 1981State Bank Of India₹0.20 MOpen
16 Feb 1979State Bank Of India₹0.18 MOpen

How Many Employees Work at Ferro Foundries?

Ferro Foundries has a workforce of 90 employees as of Apr 03, 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.

Employee growth trends for Ferro Foundries Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Ferro Foundries, 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 Ferro Foundries'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 Ferro Foundries

Recent activity within the organization

  • Director Appointment

    Haider Noman Khorakiwala was appointed as a Ceo was appointed as a Ceo on 21 Nov 2024 & has been associated with this company since 5 months 11 days .

  • Annual General Meeting

    Ferro Foundries Private Limited last Annual general meeting of members was held on 27 Sep 2024 as per latest MCA records.

  • Balance Sheet

    Ferro Foundries Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.

  • Director Appointment

    Shabbir Tyeb Vagh was appointed as a Director was appointed as a Director on 13 Nov 2023 & has been associated with this company since 1 year 5 months .

  • Director Appointment

    Yusuf Hussain Vagh was appointed as a Director was appointed as a Director on 28 Sep 2011 & has been associated with this company since 13 years 7 months .

  • Director Appointment

    Abdul Hussain Saifuddinbhai Vagh was appointed as a Director was appointed as a Director on 28 Dec 1987 & has been associated with this company since 37 years 4 months .

Frequently asked questions

  • What is the Incorporation or founding date of Ferro Foundries Private Limited?

    Ferro Foundries Private Limited was incorporated on 02 Jul 1977.

  • What is authorized share capital and paid-up capital of Ferro Foundries Private Limited?

    The authorized share capital of Ferro Foundries Private Limited is ₹ 5.00 M and paid-up capital is ₹ 4.53 M.

  • Who are the current board members & directors of Ferro Foundries Private Limited?

    Currently 9 directors are associated with Ferro Foundries Private Limited.

    • Moiz Saifuddin Vagh
    • Yusuf Hussain Vagh
    • Haider Noman Khorakiwala
    • Shabbir Tyeb Vagh
    • Noman Khorakiwala
    • Abdul Hussain Saifuddinbhai Vagh
    • Abbas Taher Bhai Vagh
    • Mohammedbhai Taherbhai Vagh
    • Abbas Salehbhai Vagh

  • What is the registered address of Ferro Foundries Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Ferro Foundries Private Limited is Yelwal Roadbelvadi India, Mysore, Karnataka, 571186.

  • What is the corporate identification number (CIN) and company number of Ferro Foundries Private Limited?

    The corporate identification number (CIN) of Ferro Foundries Private Limited is U29214KA1977PTC003174 and the company number is 003174 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Ferro Foundries Private Limited?

    The Official website of Ferro Foundries Private Limited is https://www.ferrotiger.com

  • What has been the recent revenue trend for Ferro Foundries Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Ferro Foundries Private Limited has risen by 11.81%.

  • How many employees does Ferro Foundries Private Limited currently have?

    As Per 2023 financial reports, 90 employees are currently employed by Ferro Foundries Private Limited.

  • What change has been observed in the net worth of Ferro Foundries Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Ferro Foundries Private Limited has experienced an upsurge of 15.08%.

  • What are the total open charges for Ferro Foundries Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Ferro Foundries Private Limited amount to ₹ 1.21 M.

  • When was the last Balance Sheet of Ferro Foundries Private Limited filed with the ROC?

    The most recent Balance Sheet for Ferro Foundries Private Limited was filed with the ROC on 31 Mar 2024.

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