Fortis Cables Private Limited

Produces and sells various types of cables and wires, including HRFR, low smoke halogen, and submersible winding wires.

2016 | Pune, Maharashtra (India) | Active
Last Updated: July 29, 2024

Fortis Cables Profile

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 1.00 Cr
  • Company Age 8 Year, 2 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 13.70 Cr
  • Revenue Growth -17.34%
  • Profit Growth 139.02%
  • Ebitda 20.72%
  • Net Worth 368.14%
  • Total Assets 5.39%

About Fortis Cables

Fortis Cables Private Limited (FCPL) is a Private Limited Indian Non-Government Company incorporated in India on 15 November 2016 (Eight years and two months 25 days old ). Its registered office is in Pune, Maharashtra, India.

The Company is engaged in the Manufacturing 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 1.00 Cr and a paid-up capital of Rs 1.00 Cr.

The company currently has active open charges totaling ₹13.70 Cr.

Aiyaz Hamirani and Nandini Narang serve as directors at the Company.

Company Details

  • Location

    Pune, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U31900PN2016PTC167137

  • Company No.

    167137

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    15 Nov 2016

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Pune

Industry

Manufacturing

What products or services does Fortis Cables Private Limited offer?

Fortis Cables Private Limited offers a wide range of products and services, including Electrical Cables & Wires, Submersible Cables.

Who are the key members and board of directors at Fortis Cables?

Board Members (2)

Name Designation Appointment Date Status
Nandini Narang Country flag representing In Director 15-Nov-2016 Current
Aiyaz Hamirani Country flag representing In Director 15-Nov-2016 Current

Financial Performance of Fortis Cables.

Fortis Cables Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 17.34% decrease. The company also saw a substantial improvement in profitability, with a 139.02% increase in profit. The company's net worth Soared by an impressive increase of 368.14%.

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
-17.34%
Revenue from Operations
-17.36%
Total Assets
5.39%
Profit or Loss
139.02%
Net Worth
368.14%
EBITDA
20.72%

What is the Ownership and Shareholding Structure of Fortis Cables?

In 2023, Fortis Cables 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

₹13.70 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Standard Chartered Bank : 13.70 Cr

Latest Charge Details

Date Lender Amount Status
28 Dec 2020 Standard Chartered Bank ₹2.45 Cr Open
06 Jun 2018 Standard Chartered Bank ₹7.50 M Open
22 Feb 2017 Standard Chartered Bank ₹3.00 Cr Open
22 Feb 2017 Standard Chartered Bank ₹7.50 Cr Open

How Many Employees Work at Fortis Cables?

Fortis Cables has a workforce of 21 employees as of Mar 31, 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 Fortis Cables, 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 Fortis Cables'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 Fortis Cables

Recent activity within the organization

  • Charges

    A charge with Standard Chartered Bank of Rs. 0.75 Cr registered on 06 Jun 2018 with Charge ID 100186737 was modified on 06 Nov 2023.

    06 Nov 2023

  • Annual General Meeting

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

    30 Sep 2023

  • Balance Sheet

    Fortis Cables Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Pune.

    31 Mar 2023

  • Charges

    A charge with Standard Chartered Bank of Rs. 2.45 Cr registered on 28 Dec 2020 with Charge ID 100452864 was modified on 16 Mar 2022.

    16 Mar 2022

  • Charges

    A charge with Standard Chartered Bank amounted to Rs. 2.45 Cr with Charge ID 100452864 was registered on 28 Dec 2020.

    28 Dec 2020

  • Charges

    A charge with Standard Chartered Bank of Rs. 7.50 Cr registered on 22 Feb 2017 with Charge ID 100139558 was modified on 08 Jun 2018.

    08 Jun 2018

Frequently asked questions

  • Fortis Cables Private Limited was incorporated on 15 Nov 2016.

  • The authorized share capital of Fortis Cables Private Limited is ₹ 1.00 Cr and paid-up capital is ₹ 1.00 Cr.

  • Currently 2 directors are associated with Fortis Cables Private Limited.

    • Aiyaz Kasam Hamirani
    • Nandini Nandu Narang
  • As per Ministry of Corporate Affairs (Mca), the registered address of Fortis Cables Private Limited is Flat No. 12 Summer Garden South Lane G Opp Shau Modak Udyan Koregaon Park, Pune, Maharashtra, India, 411001.

  • The corporate identification number (CIN) of Fortis Cables Private Limited is U31900PN2016PTC167137 and the company number is 167137 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Fortis Cables Private Limited is https://www.fortiscables.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Fortis Cables Private Limited has fallen by -17.34%.

  • As Per 2023 financial reports, 21 employees are currently employed by Fortis Cables Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Fortis Cables Private Limited has experienced an upsurge of 368.14%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Fortis Cables Private Limited amount to ₹ 13.70 Cr.

  • The most recent Balance Sheet for Fortis Cables Private Limited was filed with the ROC on 31 Mar 2023.