Furmech Engineers (Indore) Limited

Manufacturer of tools, machinery components, and provides CNC and precision job work services.

1980 | Indore, Madhya Pradesh (India) | Active
Last Updated: December 12, 2024

Furmech Engineers (Indore) Profile

Key Indicators

  • Authorised Capital ₹ 4.50 M
  • Paid Up Capital ₹ 4.00 M
  • Company Age 44 Year, 4 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 4.65 Cr
  • Satisfied Charges ₹ 1.00 M
  • Revenue Growth -27.73%
  • Profit Growth 15.20%
  • Ebitda 0.43%
  • Net Worth 7.68%
  • Total Assets -7.52%

About Furmech Engineers (Indore)

Furmech Engineers (Indore) Limited (FEIL) is a Public Limited Indian Non-Government Company incorporated in India on 18 September 1980 and has a history of 44 years and four months. Its registered office is in Indore, Madhya Pradesh, India.

The Company is engaged in the Machinery And Equipment Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 4.50 M and a paid-up capital of Rs 4.00 M.

The company currently has active open charges totaling ₹4.65 Cr. The company has closed loans amounting to ₹1.00 M, as per Ministry of Corporate Affairs (MCA) records.

Shaifali Mittal, Akshat Mittal, and Sanjay Mittal serve as directors at the Company.

Company Details

  • Location

    Indore, Madhya Pradesh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U51102MP1980PLC001659

  • Company No.

    001659

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    18 Sep 1980

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Gwalior

Industry

Machinery and Equipment

What products or services does Furmech Engineers (Indore) Limited offer?

Furmech Engineers (Indore) Limited offers a wide range of products and services, including Pliers, Screwdrivers & Hammers, Allen Key, Cutting Tools & Milling Cutter, Cutting Tool Inserts, Alloy, Metal and Machine Screws, Metal Screws, Machine & Precision Tools, Spindles, Carbide Milling Cutters, Packing Straps, Clips & Supplies.

Who are the key members and board of directors at Furmech Engineers (Indore)?

Board Members (3)

Name Designation Appointment Date Status
Shaifali Mittal Country flag representing In Director 17-Jan-2014 Current
Akshat Mittal Country flag representing In Director 07-Jan-2020 Current
Sanjay Mittal Country flag representing In Director 30-Jan-2000 Current

Financial Performance of Furmech Engineers (Indore).

Furmech Engineers (Indore) Limited, for the financial year ended 2021, experienced significant reduction in revenue, with a 27.73% decrease. The company also saw a substantial improvement in profitability, with a 15.2% increase in profit. The company's net worth moved up by a moderate rise of 7.68%.

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
-27.73%
Revenue from Operations
-28.64%
Total Assets
-7.52%
Profit or Loss
15.20%
Net Worth
7.68%
EBITDA
0.43%

What is the Ownership and Shareholding Structure of Furmech Engineers (Indore)?

In 2021, Furmech Engineers (Indore) 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

₹46.55 M

Satisfied Charges

₹1.00 M

Charges Breakdown by Lending Institutions

  • Sidbi : 3.51 Cr
  • Others : 0.65 Cr
  • Canara Bank : 0.50 Cr

Latest Charge Details

Date Lender Amount Status
24 Jun 2024 Others ₹4.77 M Open
18 Jan 2024 Sidbi ₹3.70 M Open
08 May 2023 Sidbi ₹4.50 M Open
24 Jun 2020 Sidbi ₹2.79 M Open
28 Aug 2019 Sidbi ₹3.39 M Open

How Many Employees Work at Furmech Engineers (Indore)?

Unlock and access historical data on people associated with Furmech Engineers (Indore), 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 Furmech Engineers (Indore), 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 Furmech Engineers (Indore)'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 Furmech Engineers (Indore)

Recent activity within the organization

  • Annual General Meeting

    Furmech Engineers (Indore) Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Charges

    A charge with Others amounted to Rs. 4.77 M with Charge ID 100935450 was registered on 24 Jun 2024.

    24 Jun 2024

  • Balance Sheet

    Furmech Engineers (Indore) Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Gwalior.

    31 Mar 2024

  • Charges

    A charge with Sidbi amounted to Rs. 3.70 M with Charge ID 100849605 was registered on 18 Jan 2024.

    18 Jan 2024

  • Charges

    A charge with Sidbi amounted to Rs. 4.50 M with Charge ID 100714075 was registered on 08 May 2023.

    08 May 2023

  • Charges

    A charge with Sidbi amounted to Rs. 2.79 M with Charge ID 100346363 was registered on 24 Jun 2020.

    24 Jun 2020

Frequently asked questions

  • Furmech Engineers (Indore) Limited was incorporated on 18 Sep 1980.

  • The authorized share capital of Furmech Engineers (Indore) Limited is ₹ 4.50 M and paid-up capital is ₹ 4.00 M.

  • Currently 3 directors are associated with Furmech Engineers (Indore) Limited.

    • Shaifali Devi Mittal
    • Akshat Mittal
    • Sanjay Kumar Mittal
  • As per Ministry of Corporate Affairs (Mca), the registered address of Furmech Engineers (Indore) Limited is Plot No. 3 Sector D-2, Sanwer Road Industrial Area India, Indore, Madhya Pradesh, 452015.

  • The corporate identification number (CIN) of Furmech Engineers (Indore) Limited is U51102MP1980PLC001659 and the company number is 001659 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2021, the revenue trend for Furmech Engineers (Indore) Limited has fallen by -27.73%.

  • The financial reports for the fiscal year 2021 indicates that The net worth of Furmech Engineers (Indore) Limited has experienced an upsurge of 7.68%.

  • As per the financial statements for fiscal Year 2021, The total open charges for Furmech Engineers (Indore) Limited amount to ₹ 4.65 Cr.

  • The most recent Balance Sheet for Furmech Engineers (Indore) Limited was filed with the ROC on 31 Mar 2024.

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