Flex Art Foil Limited

Manufacturer of advanced packaging solutions, including aluminium foils, strips, and flexible packages.

2005 | Mumbai, Maharashtra (India) | Active
Last Updated:

Flex Art Foil Profile

Key Indicators

  • Authorised Capital ₹ 25.00 Cr
  • Paid Up Capital ₹ 20.00 Cr
  • Company Age 19 Year, 8 Months
  • Last Filing with ROC 31 Mar 2019
  • Open Charges ₹ 48.89 Cr
  • Satisfied Charges ₹ 12.99 Cr
  • Revenue Growth -99.07%
  • Profit Growth 55.61%
  • Ebitda 99.31%
  • Net Worth -92.55%
  • Total Assets -66.16%

About Flex Art Foil

Flex Art Foil Limited (FAFL) is a Public Limited Indian Non-Government Company incorporated in India on 31 August 2005 and has a history of 19 years and eight months. Its registered office is in Mumbai, Maharashtra, India.

The Corporate was formerly known as Flex Art Foil Private Limited. The Company is engaged in the Packaging Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2019. It's a company limited by shares with an authorized capital of Rs 25.00 Cr and a paid-up capital of Rs 20.00 Cr.

The company currently has active open charges totaling ₹48.89 Cr. The company has closed loans amounting to ₹12.99 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Flex Art Foil Limited India is Ravi Khurana as CFO. Dilip Phatarphekar, Sudip Dutta, Gautam Mukherjee, and One other member serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U27203MH2005PLC188967

  • Company No.

    188967

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    31 Aug 2005

  • Date of AGM

    30 Sep 2019

  • Date of Balance Sheet

    31 Mar 2019

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Packaging
Company report

Flex Art Foil Limited

Explore comprehensive data for Flex Art Foil Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Flex Art Foil?

Executive Team (1)

NameDesignationAppointment DateStatus
Ravi Khurana Country flag representing In CFO14-Aug-2014Current

Board Members (4)

NameDesignationAppointment DateStatus
Dilip Phatarphekar Country flag representing In Director 13-Feb-2015Current
Sudip Dutta Country flag representing In Director 31-Aug-2005Current
Gautam Mukherjee Country flag representing In Nominee Director 07-Aug-2006Current
Debdeep Bhattacharya Country flag representing In Additional Director 30-May-2016Current

Financial Performance of Flex Art Foil.

Flex Art Foil Limited, for the financial year ended 2019, experienced significant reduction in revenue, with a 99.07% decrease. The company also saw a substantial improvement in profitability, with a 55.61% increase in profit. The company's net worth observed a substantial decline by a decrease of 92.55%.

Flex Art Foil revenue growth over time
Flex Art Foil 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
-99.07%
Revenue from Operations
Total Assets
-66.16%
Profit or Loss
55.61%
Net Worth
-92.55%
EBITDA
99.31%

What is the Ownership and Shareholding Structure of Flex Art Foil?

In 2019, Flex Art Foil 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

₹48.89 Cr

Satisfied Charges

₹12.99 Cr

Charges Breakdown by Lending Institutions

  • Bank Of Baroda : 33.59 Cr
  • The Shamrao Vithal Co-Operative Bank Limited : 15.30 Cr

Latest Charge Details

DateLenderAmountStatus
30 Sep 2013Bank Of Baroda₹3.00 CrOpen
31 Jul 2012The Shamrao Vithal Co-Operative Bank Limited₹6.00 CrOpen
03 Jan 2012The Shamrao Vithal Co-Operative Bank Limited₹9.30 CrOpen
04 Nov 2005Bank Of Baroda₹30.59 CrOpen
18 Dec 2014Axis Bank Limited₹7.00 CrSatisfied

How Many Employees Work at Flex Art Foil?

Flex Art Foil has a workforce of 81 employees as of Apr 06, 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 Flex Art Foil Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Flex Art Foil, 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 Flex Art Foil'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 Flex Art Foil

Recent activity within the organization

  • Annual General Meeting

    Flex Art Foil Limited last Annual general meeting of members was held on 30 Sep 2019 as per latest MCA records.

  • Balance Sheet

    Flex Art Foil Limited has filed its annual Financial statements for the year ended 31 Mar 2019 with Roc Mumbai.

  • Director Appointment

    Debdeep Samaresh Bhattacharya was appointed as a Additional Director was appointed as a Additional Director on 30 May 2016 & has been associated with this company since 8 years 11 months .

  • Charges

    A charge registered on 18 Dec 2014 via Charge ID 10557313 with Axis Bank Limited was fully satisfied on 22 Jul 2015.

  • Director Appointment

    Dilip Sobhag Phatarphekar was appointed as a Director was appointed as a Director on 13 Feb 2015 & has been associated with this company since 10 years 2 months .

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 7.00 Cr with Charge ID 10557313 was registered on 18 Dec 2014.

Frequently asked questions

  • What is the Incorporation or founding date of Flex Art Foil Limited?

    Flex Art Foil Limited was incorporated on 31 Aug 2005.

  • What is authorized share capital and paid-up capital of Flex Art Foil Limited?

    The authorized share capital of Flex Art Foil Limited is ₹ 25.00 Cr and paid-up capital is ₹ 20.00 Cr.

  • Who are the current board members & directors of Flex Art Foil Limited?

    Currently 5 directors are associated with Flex Art Foil Limited.

    • Dilip Sobhag Phatarphekar
    • Sudip Bijoy Dutta
    • Gautam Mukherjee
    • Debdeep Samaresh Bhattacharya
    • Ravi Kanwar Krishan Khurana
  • What is the registered address of Flex Art Foil Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Flex Art Foil Limited is Ess Dee House Akurli Road, Kandivli (East) India, Mumbai, Maharashtra, 400101.

  • What is the corporate identification number (CIN) and company number of Flex Art Foil Limited?

    The corporate identification number (CIN) of Flex Art Foil Limited is U27203MH2005PLC188967 and the company number is 188967 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Flex Art Foil Limited?

    The Official website of Flex Art Foil Limited is https://www.essdee.in

  • What has been the recent revenue trend for Flex Art Foil Limited?

    According to the financial reports for the fiscal year 2019, the revenue trend for Flex Art Foil Limited has fallen by -99.07%.

  • How many employees does Flex Art Foil Limited currently have?

    As Per 2019 financial reports, 81 employees are currently employed by Flex Art Foil Limited.

  • What change has been observed in the net worth of Flex Art Foil Limited, and by what percentage?

    The financial reports for the fiscal year 2019 indicates that The net worth of Flex Art Foil Limited has experienced an downturn of -92.55%.

  • What are the total open charges for Flex Art Foil Limited?

    As per the financial statements for fiscal Year 2019, The total open charges for Flex Art Foil Limited amount to ₹ 48.89 Cr.

  • When was the last Balance Sheet of Flex Art Foil Limited filed with the ROC?

    The most recent Balance Sheet for Flex Art Foil Limited was filed with the ROC on 31 Mar 2019.

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