Ferro Foundries Profile
Key Indicators
- Authorised Capital ₹ 5.00 M
as on 06-12-2024
- Paid Up Capital ₹ 4.53 M
as on 06-12-2024
- Company Age 47 Year, 5 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 1.21 M
as on 06-12-2024
- Revenue 11.81%
(FY 2023)
- Profit 39.65%
(FY 2023)
- Ebitda 32.61%
(FY 2023)
- Net Worth 15.08%
(FY 2023)
- Total Assets 11.36%
(FY 2023)
About Ferro Foundries
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.
- 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
Company Details
- LocationMysore, Karnataka
- Telephone
- Email Address
- Website
- Social Media
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.
Who are the key members and board of directors at Ferro Foundries?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Haider Khorakiwala | CEO | 21-Nov-2024 | Current |
Board Members(8)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Moiz Vagh  | Director | 04-Jul-1977 | Current |
| Yusuf Vagh | Director | 28-Sep-2011 | Current |
| Shabbir Vagh | Director | 13-Nov-2023 | Current |
| Noman Khorakiwala | Whole-Time Director | 02-Jul-1977 | Current |
| Abdul Vagh | Director | 28-Dec-1987 | Current |
| Abbas Vagh | Director | 28-Dec-1987 | Current |
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%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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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.
Related Corporates (Common Directorship)
The Decorative Laminates India Private LimitedActive 54 years 5 monthsMoiz Vagh, Yusuf Vagh and 5 more are mutual person
Pyramid Timber Associates Private LimitedActive 37 years 1 monthMoiz Vagh, Yusuf Vagh and 4 more are mutual person
M A S Furniture Private LimitedActive 34 years 26 daysShabbir Vagh, Abdul Vagh and 2 more are mutual person
Glowtronics Private LimitedActive 38 years 10 monthsMoiz Vagh, Mohammedbhai Vagh and 1 more are mutual person
Hunsur Plywood Works Private LimitedActive 63 years 3 daysMoiz Vagh, Yusuf Vagh and 4 more are mutual person
- A Ahmedally And Company Private LimitedActive 78 years 2 months
Moiz Vagh, Yusuf Vagh and 4 more are mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
State Bank Of India Creation Date: 04 Aug 1986 | ₹0.23 M | Open |
State Bank Of India Creation Date: 21 Jun 1983 | ₹0.20 M | Open |
State Bank Of India Creation Date: 23 Mar 1982 | ₹0.40 M | Open |
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.
Deals i
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
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.
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