Ferromax Foundries India Private Limited

Ferromax Foundries India Private Limited

Iron and steel foundry and engineering works company based in Coimbatore, Tamil Nadu.
2010 | Coimbatore, Tamil Nadu (India) | Active

Last Updated:

October 24, 2024
HomeCompanyFerromax Foundries India Private Limited

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

Board Members(2)

NameDesignationAppointment DateStatus
Satheeshkumar In Director 01-Dec-2014Current
Kousalya Kumar In Director 29-Jun-2015Current

Financial Performance of Ferromax Foundries India.

Ferromax Foundries India Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 14.45% increase. The company also saw a substantial fall in profitability, with a 16.68% decrease in profit. The company's net worth moved up by a moderate rise of 9.67%.

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  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metric
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
14.45%
Revenue from Operations
14.44%
Total Assets
-2.24%
Profit or Loss
-16.68%
Net Worth
9.67%
EBITDA
18.33%

Charges (Loans)

Open Charges Satisfied Charges

₹18.45 Cr

₹6.60 Cr

LenderAmountStatus

Axis Bank Limited

Creation Date: 24 May 2024
₹7.00 MOpen

Axis Bank Limited

Creation Date: 02 May 2024
₹3.95 CrOpen

Axis Bank Limited

Creation Date: 27 Sep 2017
₹13.72 CrOpen

How Many Employees Work at Ferromax Foundries India?

Ferromax Foundries India has a workforce of 12 employees as of Mar 29, 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.

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Latest Updates, News, and FAQs on Ferromax Foundries India

Recent activity within the organization

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 0.70 Cr with Charge ID 100934798 was registered on 24 May 2024.

    24 May 2024

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 3.95 Cr with Charge ID 100938490 was registered on 02 May 2024.

    02 May 2024

  • Annual General Meeting

    Ferromax Foundries India Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Ferromax Foundries India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Coimbatore.

    31 Mar 2023

  • Charges

    A charge with Axis Bank Limited of Rs. 13.72 Cr registered on 27 Sep 2017 with Charge ID 100136114 was modified on 02 Mar 2022.

    02 Mar 2022

  • Charges

    A charge registered on 09 Mar 2011 via Charge ID 10285701 with Indian Bank was fully satisfied on 14 Nov 2017.

    14 Nov 2017

Frequently asked questions

  • Ferromax Foundries India Private Limited was incorporated on 25 Aug 2010.

  • The authorized share capital of Ferromax Foundries India Private Limited is ₹ 11.00 Cr and paid-up capital is ₹ 10.06 Cr.

  • Currently 2 directors are associated with Ferromax Foundries India Private Limited.

    • Satheeshkumar
    • Kousalya Sathish Kumar
  • As per Ministry of Corporate Affairs (Mca), the registered address of Ferromax Foundries India Private Limited is 95/A1 Cosmofan Foundry Cluster Park Arasur, India, Coimbatore, Tamil Nadu, 641407.

  • The corporate identification number (CIN) of Ferromax Foundries India Private Limited is U34300TZ2010PTC016319 and the company number is 016319 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Ferromax Foundries India Private Limited is https://www.ferromax.net.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Ferromax Foundries India Private Limited has risen by 14.45%.

  • As Per 2023 financial reports, 12 employees are currently employed by Ferromax Foundries India Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Ferromax Foundries India Private Limited has experienced an upsurge of 9.67%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Ferromax Foundries India Private Limited amount to ₹ 18.45 Cr.

  • The most recent Balance Sheet for Ferromax Foundries India Private Limited was filed with the ROC on 31 Mar 2023.

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