Fortune Biotech Profile
Key Indicators
- Authorised Capital ₹ 15.00 Cr
- Paid Up Capital ₹ 14.94 Cr
- Company Age 31 Year, 5 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 28.24 Cr
- Satisfied Charges ₹ 48.93 Cr
- Revenue Growth 70.39%
- Profit Growth 32.40%
- Ebitda 92.94%
- Net Worth 24.08%
- Total Assets 1.58%
About Fortune Biotech
Fortune Biotech Ltd (FBL) is a leading Public Limited Indian Non-Government Company incorporated in India on 13 August 1993 and has a history of 31 years and five months. Its registered office is in Hyderabad, Telangana, India.
The Company is engaged in the Agriculture 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 15.00 Cr and a paid-up capital of Rs 14.94 Cr.
The company currently has active open charges totaling ₹28.24 Cr. The company has closed loans amounting to ₹48.93 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Fortune Biotech Ltd India are Kanishka Tumu as CFO and Manish Pande as Company Secretary. Raghavacharya Vasudevan, Vindhya Annam, Vikhyath Annam, and Two other members serve as directors at the Company.
Company Details
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Location
Hyderabad, Telangana, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media-
Corporate Identity Details
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CIN/LLPIN
U24230TG1993PLC016149
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Company No.
016149
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Company Classification
Public Limited Indian Non-Government Company
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Incorporation Date
13 Aug 1993
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Date of AGM
30 Sep 2023
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Date of Balance Sheet
31 Mar 2023
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Listing Status
Unlisted
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ROC Code
Roc Hyderabad
Industry
What products or services does Fortune Biotech Ltd offer?
Fortune Biotech Ltd offers a wide range of products and services, including Ayurvedic Powder and Medicinal Herbs, Herbal Powder, Fertilizers and Soil Additives, Organic Fertilizers and Manure, Insecticides and Pesticides, Insecticides, Bird Food, Poultry & Animal Food, Fish Foods, Seeds and Plant Saplings, Tree Seeds.
Who are the key members and board of directors at Fortune Biotech?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Vikhyath Annam
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Managing Director | 05-Mar-2020 | Current |
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Kanishka Tumu
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CFO | 13-Oct-2018 | Current |
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Manish Pande
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Company Secretary | 01-Oct-2019 | Current |
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
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Raghavacharya Vasudevan
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Director | 25-Dec-2021 | Current |
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Vindhya Annam
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Director | 05-Mar-1997 | Current |
| Manoj Jain | Nominee Director | 17-Oct-2024 | Current |
| Ramasamy Annadurai | Additional Director | 17-Oct-2024 | Current |
Financial Performance of Fortune Biotech.
Fortune Biotech Ltd, for the financial year ended 2023, experienced significant growth in revenue, with a 70.39% increase. The company also saw a substantial improvement in profitability, with a 32.4% increase in profit. The company's net worth Soared by an impressive increase of 24.08%.
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What is the Ownership and Shareholding Structure of Fortune Biotech?
In 2023, Fortune Biotech had a promoter holding of 64.52% and a public holding of 35.49%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
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Sulakshana Circuits LtdRaghavacharya Vasudevan is a mutual person
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Madras Fertilizers LimitedManoj Jain is a mutual person
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Scl Electronics (India) Private LimitedRaghavacharya Vasudevan is a mutual person
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Adk Consumer Care Private Limited
Vikhyath Annam is a mutual person
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Russell Integrated Pest Management (India) Private Limited
Vikhyath Annam is a mutual person
Charges (Loans)
₹28.24 Cr
₹48.93 Cr
Charges Breakdown by Lending Institutions
- The South Indian Bank Limited : 26.00 Cr
- Others : 2.24 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 30 Mar 2022 | Others | ₹7.45 M | Open |
| 02 Sep 2020 | Others | ₹1.49 Cr | Open |
| 11 Jun 2019 | The South Indian Bank Limited | ₹26.00 Cr | Open |
| 11 Jun 2019 | Others | ₹2.05 M | Satisfied |
| 29 Sep 2018 | Others | ₹4.00 Cr | Satisfied |
How Many Employees Work at Fortune Biotech?
Fortune Biotech has a workforce of 87 employees as of Apr 03, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Fortune Biotech, 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 Fortune Biotech's trajectory.
Rating
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
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.
