Fitex Industries Ltd

Manufacturer and exporter of truck and trailer parts, scaffolding, fasteners, and hardware items.

1981 | Punjab, Punjab (India) | Active
Last Updated:

Fitex Industries Profile

Key Indicators

  • Authorised Capital ₹ 1.50 Cr
  • Paid Up Capital ₹ 1.49 Cr
  • Company Age 43 Year, 2 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 57.40 Cr
  • Satisfied Charges ₹ 82.93 Cr
  • Revenue Growth 19.93%
  • Profit Growth -11.04%
  • Ebitda 0.32%
  • Net Worth 7.73%
  • Total Assets 9.08%

About Fitex Industries

Fitex Industries Ltd (FIL) is a leading Public Limited Indian Non-Government Company incorporated in India on 21 December 1981 and has a history of 43 years and two months. Its registered office is in Punjab, Punjab.

The Corporate was formerly known as Hindmurti Furnacite Private Limited. The Company is engaged in the Automotive 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 1.50 Cr and a paid-up capital of Rs 1.49 Cr.

The company currently has active open charges totaling ₹57.40 Cr. The company has closed loans amounting to ₹82.93 Cr, as per Ministry of Corporate Affairs (MCA) records.

Sanjeev Kumar, Sital Parkash, and Gaurav Goel serve as directors at the Company.

Company Details

  • Location Punjab, Punjab
  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    fitex.in

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U00000PB1981PLC004774

  • Company No.

    004774

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    21 Dec 1981

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chandigarh

Industry

Automotive

What products or services does Fitex Industries Ltd offer?

Fitex Industries Ltd offers a wide range of products and services, including Automobile Fittings & Components, Automotive Components, Air Springs & Compression Springs, Spring Parts, Marble & Stone Artifacts, Stone Table Top, Industrial Bushes, Split Bushes, Bushings, Automotive Bushings.

Who are the key members and board of directors at Fitex Industries?

Board Members (3)

NameDesignationAppointment DateStatus
Sanjeev Kumar Country flag representing In Director 01-Feb-1988Current
Sital Parkash Country flag representing In Director 08-Feb-2016Current
Gaurav Goel Country flag representing In Director 07-May-2019Current

Financial Performance of Fitex Industries.

Fitex Industries Ltd, for the financial year ended 2023, experienced significant growth in revenue, with a 19.93% increase. The company also saw a substantial fall in profitability, with a 11.04% decrease in profit. The company's net worth moved up by a moderate rise of 7.73%.

Fitex Industries revenue growth over time
Fitex Industries 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
19.93%
Revenue from Operations
19.27%
Total Assets
9.08%
Profit or Loss
-11.04%
Net Worth
7.73%
EBITDA
0.32%

What is the Ownership and Shareholding Structure of Fitex Industries?

In 2023, Fitex Industries had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹57.40 Cr

Satisfied Charges

₹82.93 Cr

Charges Breakdown by Lending Institutions

  • Others : 50.55 Cr
  • Sidbi : 5.49 Cr
  • Hdfc Bank Limited : 1.28 Cr
  • Axis Bank Limited : 0.09 Cr

Latest Charge Details

DateLenderAmountStatus
05 Nov 2024Hdfc Bank Limited₹3.10 MOpen
17 Sep 2024Sidbi₹4.99 MOpen
16 Jul 2024Sidbi₹8.24 MOpen
27 Mar 2024Sidbi₹5.00 MOpen
15 Mar 2024Sidbi₹1.78 CrOpen

How Many Employees Work at Fitex Industries?

Fitex Industries has a workforce of 22 employees as of Apr 07, 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 Fitex Industries Ltd

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Fitex Industries, 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 Fitex Industries'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 Fitex Industries

Recent activity within the organization

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.31 Cr with Charge ID 101018496 was registered on 05 Nov 2024.

  • Annual General Meeting

    Fitex Industries Ltd last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Charges

    A charge with Others of Rs. 38.05 Cr registered on 21 Mar 2022 with Charge ID 100569049 was modified on 21 Sep 2024.

  • Charges

    A charge with Sidbi amounted to Rs. 0.50 Cr with Charge ID 100976834 was registered on 17 Sep 2024.

  • Charges

    A charge with Sidbi amounted to Rs. 0.82 Cr with Charge ID 100946214 was registered on 16 Jul 2024.

  • Balance Sheet

    Fitex Industries Ltd has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chandigarh.

Frequently asked questions

  • What is the Incorporation or founding date of Fitex Industries Ltd?

    Fitex Industries Ltd was incorporated on 21 Dec 1981.

  • What is authorized share capital and paid-up capital of Fitex Industries Ltd?

    The authorized share capital of Fitex Industries Ltd is ₹ 1.50 Cr and paid-up capital is ₹ 1.49 Cr.

  • Who are the current board members & directors of Fitex Industries Ltd?

    Currently 3 directors are associated with Fitex Industries Ltd.

    • Sanjeev Kumar
    • Sital Parkash
    • Gaurav Goel

  • What is the registered address of Fitex Industries Ltd?

    As per Ministry of Corporate Affairs (Mca), the registered address of Fitex Industries Ltd is B Xxix 1060Industrial Area C Ludhiana India, Punjab.

  • What is the corporate identification number (CIN) and company number of Fitex Industries Ltd?

    The corporate identification number (CIN) of Fitex Industries Ltd is U00000PB1981PLC004774 and the company number is 004774 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Fitex Industries Ltd?

    The Official website of Fitex Industries Ltd is https://www.fitex.in

  • What has been the recent revenue trend for Fitex Industries Ltd?

    According to the financial reports for the fiscal year 2023, the revenue trend for Fitex Industries Ltd has risen by 19.93%.

  • How many employees does Fitex Industries Ltd currently have?

    As Per 2023 financial reports, 22 employees are currently employed by Fitex Industries Ltd.

  • What change has been observed in the net worth of Fitex Industries Ltd, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Fitex Industries Ltd has experienced an upsurge of 7.73%.

  • What are the total open charges for Fitex Industries Ltd?

    As per the financial statements for fiscal Year 2023, The total open charges for Fitex Industries Ltd amount to ₹ 57.40 Cr.

  • When was the last Balance Sheet of Fitex Industries Ltd filed with the ROC?

    The most recent Balance Sheet for Fitex Industries Ltd was filed with the ROC on 31 Mar 2024.

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