Fortune Stones Limited

Founded in 1996 and headquartered in Delhi, India.

1996 | New Delhi, Delhi (India) | Active
Last Updated: July 25, 2024

Fortune Stones Profile

Key Indicators

  • Authorised Capital ₹ 20.00 Cr
  • Paid Up Capital ₹ 4.99 Cr
  • Company Age 29 Year, 26 Days
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 32.95 Cr
  • Satisfied Charges ₹ 70.03 Cr
  • Revenue Growth 22.96%
  • Profit Growth 53.03%
  • Ebitda 44.44%
  • Net Worth 16.57%
  • Total Assets 3.68%

About Fortune Stones

Fortune Stones Limited (FSL) is a leading Public Limited Indian Non-Government Company incorporated in India on 05 January 1996 and has a history of 29 years. Its registered office is in New Delhi, Delhi, India.

The Corporate was formerly known as M. P. Fortune Mining Limited. The Company is engaged in the Metals And Minerals 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 20.00 Cr and a paid-up capital of Rs 4.99 Cr.

The company currently has active open charges totaling ₹32.95 Cr. The company has closed loans amounting to ₹70.03 Cr, as per Ministry of Corporate Affairs (MCA) records.

Nivedan Bharadwaj, Rekha Shrivastava, Kamla Bharadwaj, and Five other members serve as directors at the Company.

Company Details

  • Location

    New Delhi, Delhi, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U26100DL1996PLC075205

  • Company No.

    075205

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    05 Jan 1996

  • Date of AGM

    03 Jul 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Metals and Minerals

Who are the key members and board of directors at Fortune Stones?

Executive Team (1)

NameDesignationAppointment DateStatus
Nivedan Bharadwaj Country flag representing In Managing Director01-Sep-1996Current

Board Members (7)

NameDesignationAppointment DateStatus
Rekha Shrivastava Country flag representing In Director 16-Apr-2005Current
Kamla Bharadwaj Country flag representing In Whole-Time Director 30-Sep-2011Current
Ruchika Bharadwaj Country flag representing In Director 30-Sep-2011Current
Atul Sharma Country flag representing In Nominee Director 12-Oct-2011Current
Saurabh Pathak Country flag representing In Director 22-Dec-2016Current
Rajeev Meena Country flag representing In Nominee Director 14-Nov-2022Current

Financial Performance of Fortune Stones.

Fortune Stones Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 22.96% increase. The company also saw a substantial improvement in profitability, with a 53.03% increase in profit. The company's net worth Soared by an impressive increase of 16.57%.

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
22.96%
Revenue from Operations
24.38%
Total Assets
3.68%
Profit or Loss
53.03%
Net Worth
16.57%
EBITDA
44.44%

What is the Ownership and Shareholding Structure of Fortune Stones?

In 2023, Fortune Stones had a promoter holding of 63.94% and a public holding of 36.05%. The company had 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹32.95 Cr

Satisfied Charges

₹70.03 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 22.00 Cr
  • Others : 10.95 Cr

Latest Charge Details

DateLenderAmountStatus
23 Nov 2021Others₹9.50 MOpen
22 Mar 2014Others₹10.00 CrOpen
29 Nov 2013Hdfc Bank Limited₹1.50 CrOpen
15 Apr 2013Hdfc Bank Limited₹1.50 CrOpen
08 Jul 2008Hdfc Bank Limited₹19.00 CrOpen

How Many Employees Work at Fortune Stones?

Fortune Stones has a workforce of 207 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 Fortune Stones, 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 Stones'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 Fortune Stones

Recent activity within the organization

  • Annual General Meeting

    Fortune Stones Limited last Annual general meeting of members was held on 03 Jul 2023 as per latest MCA records.

    03 Jul 2023

  • Balance Sheet

    Fortune Stones Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Delhi.

    31 Mar 2023

  • Charges

    A charge with Others amounted to Rs. 0.95 Cr with Charge ID 100511571 was registered on 23 Nov 2021.

    23 Nov 2021

  • Charges

    A charge registered on 17 Sep 2012 via Charge ID 10383050 with Icici Bank Limited was fully satisfied on 03 May 2021.

    03 May 2021

  • Charges

    A charge with Others of Rs. 10.00 Cr registered on 22 Mar 2014 with Charge ID 10503938 was modified on 25 Feb 2021.

    25 Feb 2021

  • Charges

    A charge registered on 16 Feb 2015 via Charge ID 10554024 with Icici Bank Limited was fully satisfied on 16 Feb 2018.

    16 Feb 2018

Recent News, Updates & Announcement

Frequently asked questions

  • Fortune Stones Limited was incorporated on 05 Jan 1996.

  • The authorized share capital of Fortune Stones Limited is ₹ 20.00 Cr and paid-up capital is ₹ 4.99 Cr.

  • Currently 8 directors are associated with Fortune Stones Limited.

    • Nivedan Bharadwaj
    • Rekha Shrivastava
    • Kamla Bharadwaj
    • Ruchika Bharadwaj
    • Atul Sharma
    • Saurabh Pathak
    • Rajeev Ranjan Meena
    • Shubhra Banerjee
  • As per Ministry of Corporate Affairs (Mca), the registered address of Fortune Stones Limited is Plot No. 62 Second Floor Okhla Industrial Estate Phase- 3 New Delhi- 110020, India.

  • The corporate identification number (CIN) of Fortune Stones Limited is U26100DL1996PLC075205 and the company number is 075205 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Fortune Stones Limited is https://www.fortunestones.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Fortune Stones Limited has risen by 22.96%.

  • As Per 2023 financial reports, 207 employees are currently employed by Fortune Stones Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Fortune Stones Limited has experienced an upsurge of 16.57%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Fortune Stones Limited amount to ₹ 32.95 Cr.

  • The most recent Balance Sheet for Fortune Stones Limited was filed with the ROC on 31 Mar 2023.

People also Viewed

Similar Companies Based on Construction Materials Retail & Distribution