Finearc Systems Pvt Ltd

Founded in 1986 and headquartered in Maharashtra, India.

1986 | Pune, Maharashtra (India) | Active
Last Updated: June 17, 2024

Finearc Systems Profile

Key Indicators

  • Authorised Capital ₹ 5.01 Cr
  • Paid Up Capital ₹ 5.00 Cr
  • Company Age 38 Year, 9 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 22.73 Cr
  • Satisfied Charges ₹ 15.20 Cr
  • Revenue Growth -18.15%
  • Profit Growth -56.06%
  • Ebitda -63.01%
  • Net Worth 4.56%
  • Total Assets -16.23%

About Finearc Systems

Finearc Systems Pvt Ltd (FSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 01 May 1986 and has a history of 38 years and nine months. Its registered office is in Pune, Maharashtra, India.

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 2023. It's a company limited by shares with an authorized capital of Rs 5.01 Cr and a paid-up capital of Rs 5.00 Cr.

The company currently has active open charges totaling ₹22.73 Cr. The company has closed loans amounting to ₹15.20 Cr, as per Ministry of Corporate Affairs (MCA) records.


Company Details

  • Location

    Pune, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U31904MH1986PTC039713

  • Company No.

    039713

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    01 May 1986

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Pune

Industry

Machinery and Equipment

What products or services does Finearc Systems Pvt Ltd offer?

Finearc Systems Pvt Ltd offers a wide range of products and services, including CNC Machines & Lathe Machine, Metal Forming Machine, Material Cutting Services, Cutting Services, Conveyors, Material Handling Conveyors.

Who are the key members and board of directors at Finearc Systems?

Board Members (6)

Name Designation Appointment Date Status
Vikram Sirur Country flag representing In Director 01-Apr-2002 Current
Shobha Hegde Country flag representing In Whole-Time Director 01-May-1986 Current
Rahul Pathak Country flag representing In Whole-Time Director 01-Apr-2022 Current
Gayatri Srinivasan Country flag representing In Whole-Time Director 01-May-1986 Current
Milind Kelkar Country flag representing In Whole-Time Director 01-Apr-2022 Current
Shrikant Pathak Country flag representing In Whole-Time Director 01-Oct-1991 Current

Financial Performance of Finearc Systems.

Finearc Systems Pvt Ltd, for the financial year ended 2023, experienced significant reduction in revenue, with a 18.15% decrease. The company also saw a substantial fall in profitability, with a 56.06% decrease in profit. The company's net worth moved up by a moderate rise of 4.56%.

Graph illustrating revenue growth over time
Graph showing 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
-18.15%
Revenue from Operations
-19.15%
Total Assets
-16.23%
Profit or Loss
-56.06%
Net Worth
4.56%
EBITDA
-63.01%

What is the Ownership and Shareholding Structure of Finearc Systems?

In 2020, Finearc Systems had a promoter holding of 31.84% and a public holding of 68.16%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹22.73 Cr

Satisfied Charges

₹15.20 Cr

Charges Breakdown by Lending Institutions

  • Others : 20.00 Cr
  • Bank Of India : 2.73 Cr

Latest Charge Details

Date Lender Amount Status
30 Nov 2021 Bank Of India ₹2.73 Cr Open
28 Jul 1997 Others ₹20.00 Cr Open
27 Mar 2010 Bank Of India ₹3.00 Cr Satisfied
27 Mar 2010 Bank Of India ₹2.00 Cr Satisfied
10 Jul 2006 Bank Of India ₹2.00 Cr Satisfied

How Many Employees Work at Finearc Systems?

Finearc Systems has a workforce of 162 employees as of Mar 28, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Finearc Systems, 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 Finearc Systems'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 Finearc Systems

Recent activity within the organization

  • Annual General Meeting

    Finearc Systems Pvt Ltd last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Finearc Systems Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Pune.

    31 Mar 2023

  • Charges

    A charge registered on 27 Mar 2010 via Charge ID 10211195 with Bank Of India was fully satisfied on 08 Aug 2022.

    08 Aug 2022

  • Charges

    A charge registered on 27 Mar 2010 via Charge ID 10212511 with Bank Of India was fully satisfied on 08 Aug 2022.

    08 Aug 2022

  • Charges

    A charge registered on 10 Jul 2006 via Charge ID 10011198 with Bank Of India was fully satisfied on 08 Aug 2022.

    08 Aug 2022

  • Charges

    A charge registered on 14 Jun 2005 via Charge ID 90087324 with Bank Of India was fully satisfied on 08 Aug 2022.

    08 Aug 2022

Frequently asked questions

  • Finearc Systems Pvt Ltd was incorporated on 01 May 1986.

  • The authorized share capital of Finearc Systems Pvt Ltd is ₹ 5.01 Cr and paid-up capital is ₹ 5.00 Cr.

  • Currently 6 directors are associated with Finearc Systems Pvt Ltd.

    • Shobha Hegde
    • Rahul Shrikant Pathak
    • Gayatri Srinivasan
    • Milind Ganesh Kelkar
    • Shrikant Sitaram Pathak
    • Vikram Raghavesh Sirur
  • As per Ministry of Corporate Affairs (Mca), the registered address of Finearc Systems Pvt Ltd is No 21 F Ii Block Midcerandawana Pimpri, Pune, Maharashtra, India, 411018.

  • The corporate identification number (CIN) of Finearc Systems Pvt Ltd is U31904MH1986PTC039713 and the company number is 039713 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Finearc Systems Pvt Ltd is https://www.finearcsystems.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Finearc Systems Pvt Ltd has fallen by -18.15%.

  • As Per 2023 financial reports, 162 employees are currently employed by Finearc Systems Pvt Ltd.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Finearc Systems Pvt Ltd has experienced an upsurge of 4.56%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Finearc Systems Pvt Ltd amount to ₹ 22.73 Cr.

  • The most recent Balance Sheet for Finearc Systems Pvt Ltd was filed with the ROC on 31 Mar 2023.