Fortunearrt Wires & Cables Private Limited

Produces electrical wires and cables for various industries.

2010 | Hyderabad, Telangana (India) | Active
Last Updated: July 17, 2024

Fortunearrt Wires & Cables Profile

Key Indicators

  • Authorised Capital ₹ 4.00 Cr
  • Paid Up Capital ₹ 1.22 Cr
  • Company Age 14 Year, 8 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 26.37 Cr
  • Satisfied Charges ₹ 18.58 Cr
  • Revenue Growth 17.62%
  • Profit Growth 30.31%
  • Ebitda 28.95%
  • Net Worth 17.00%
  • Total Assets 4.81%

About Fortunearrt Wires & Cables

Fortunearrt Wires & Cables Private Limited (FWCPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 28 May 2010 and has a history of 14 years and eight months. Its registered office is in Hyderabad, Telangana, India.

The Corporate was formerly known as Fortunearrt Wires & Cables Private Limited. 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 4.00 Cr and a paid-up capital of Rs 1.22 Cr.

The company currently has active open charges totaling ₹26.37 Cr. The company has closed loans amounting to ₹18.58 Cr, as per Ministry of Corporate Affairs (MCA) records.

Arvind Srimal, Sumita Srimal, Aditi Srimal, and One other member serve as directors at the Company.

Company Details

  • Location

    Hyderabad, Telangana, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U31400TG2010PTC068618

  • Company No.

    068618

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    28 May 2010

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Hyderabad

Industry

Manufacturing

What products or services does Fortunearrt Wires & Cables Private Limited offer?

Fortunearrt Wires & Cables Private Limited offers a wide range of products and services, including Street, Flood and Commercial Lights, Lighting Poles, Indoor Lights & Lighting Accessories, LED Lights, Flood Lights, Emergency & Safety Light, Electrical Panels & Distribution Box, Junction Boxes, Decorative Light, Lamp & Lamp Shades, Wall Light.

Who are the key members and board of directors at Fortunearrt Wires & Cables?

Board Members (4)

Name Designation Appointment Date Status
Aditi Srimal Country flag representing In Director 01-Aug-2012 Current
Arvind Srimal Country flag representing In Director 28-May-2010 Current
Sumita Srimal Country flag representing In Director 28-May-2010 Current
Akash Srimal Country flag representing In Director 01-Aug-2012 Current

Financial Performance of Fortunearrt Wires & Cables.

Fortunearrt Wires & Cables Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 17.62% increase. The company also saw a substantial improvement in profitability, with a 30.31% increase in profit. The company's net worth Soared by an impressive increase of 17%.

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
17.62%
Revenue from Operations
17.31%
Total Assets
4.81%
Profit or Loss
30.31%
Net Worth
17.00%
EBITDA
28.95%

What is the Ownership and Shareholding Structure of Fortunearrt Wires & Cables?

In 2023, Fortunearrt Wires & 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

₹26.37 Cr

Satisfied Charges

₹18.58 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 22.43 Cr
  • Tata Capital Financial Services Limited : 2.50 Cr
  • Axis Bank Limited : 1.44 Cr

Latest Charge Details

Date Lender Amount Status
29 Jan 2022 Tata Capital Financial Services Limited ₹2.50 Cr Open
04 Sep 2021 Axis Bank Limited ₹7.92 M Open
20 Jun 2019 Axis Bank Limited ₹2.26 M Open
24 May 2019 Axis Bank Limited ₹0.85 M Open
20 Jul 2017 Axis Bank Limited ₹0.63 M Open

How Many Employees Work at Fortunearrt Wires & Cables?

Unlock and access historical data on people associated with Fortunearrt Wires & Cables, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Fortunearrt Wires & 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 Fortunearrt Wires & 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 Fortunearrt Wires & Cables

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2023

  • Charges

    A charge with Hdfc Bank Limited of Rs. 22.43 Cr registered on 19 Dec 2016 with Charge ID 100194941 was modified on 05 Sep 2023.

    05 Sep 2023

  • Balance Sheet

    Fortunearrt Wires & Cables Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Hyderabad.

    31 Mar 2023

  • Charges

    A charge with Tata Capital Financial Services Limited of Rs. 2.50 Cr registered on 29 Jan 2022 with Charge ID 100546954 was modified on 19 May 2022.

    19 May 2022

  • Charges

    A charge with Tata Capital Financial Services Limited amounted to Rs. 2.50 Cr with Charge ID 100546954 was registered on 29 Jan 2022.

    29 Jan 2022

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 0.79 Cr with Charge ID 100496627 was registered on 04 Sep 2021.

    04 Sep 2021

Frequently asked questions

  • Fortunearrt Wires & Cables Private Limited was incorporated on 28 May 2010.

  • The authorized share capital of Fortunearrt Wires & Cables Private Limited is ₹ 4.00 Cr and paid-up capital is ₹ 1.22 Cr.

  • Currently 4 directors are associated with Fortunearrt Wires & Cables Private Limited.

    • Arvind Srimal
    • Sumita Srimal
    • Aditi Srimal
    • Akash Srimal
  • As per Ministry of Corporate Affairs (Mca), the registered address of Fortunearrt Wires & Cables Private Limited is 215/A Ida Phase Ii Cherlapally, Hyderabad, Telangana, India, 500051.

  • The corporate identification number (CIN) of Fortunearrt Wires & Cables Private Limited is U31400TG2010PTC068618 and the company number is 068618 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Fortunearrt Wires & Cables Private Limited is https://www.fortunearrt.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Fortunearrt Wires & Cables Private Limited has risen by 17.62%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Fortunearrt Wires & Cables Private Limited has experienced an upsurge of 17.00%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Fortunearrt Wires & Cables Private Limited amount to ₹ 26.37 Cr.

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