Furnatech Solutions Private Limited

IT solutions provider for various industries including business, health, airlines, and insurance.

2007 | Mumbai, Maharashtra (India) | Active
Last Updated: July 16, 2024

Furnatech Solutions Profile

Key Indicators

  • Authorised Capital ₹ 0.10 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 17 Year, 4 Months
  • Last Filing with ROC 31 Mar 2023
  • Revenue Growth -45.37%
  • Profit Growth -55.72%
  • Ebitda -52.94%
  • Net Worth 14.25%
  • Total Assets 4.85%

About Furnatech Solutions

Furnatech Solutions Private Limited (FSPL) is a Private Limited Indian Non-Government Company incorporated in India on 03 October 2007 and has a history of 17 years and four months. Its registered office is in Mumbai, Maharashtra, India.

The Company is engaged in the Business Outsourcing 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 0.10 M and a paid-up capital of Rs 0.10 M, as per Ministry of Corporate Affairs (MCA) records.

Sunil Lalwani, Narasimha Prabhu, Sareeshma Manoj, and One other member serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U72900MH2007PTC174683

  • Company No.

    174683

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    03 Oct 2007

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Business Outsourcing

Who are the key members and board of directors at Furnatech Solutions?

Board Members (4)

Name Designation Appointment Date Status
Sunil Lalwani Country flag representing In Director 13-Aug-2008 Current
Narasimha Prabhu Country flag representing In Director 10-Oct-2013 Current
Sareeshma Manoj Country flag representing In Director 17-Feb-2017 Current
Harivansh Kharwara Country flag representing In Director 30-Jan-2018 Current

Financial Performance of Furnatech Solutions.

Furnatech Solutions Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 45.37% decrease. The company also saw a substantial fall in profitability, with a 55.72% decrease in profit. The company's net worth Soared by an impressive increase of 14.25%.

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
-45.37%
Revenue from Operations
-44.89%
Total Assets
4.85%
Profit or Loss
-55.72%
Net Worth
14.25%
EBITDA
-52.94%

What is the Ownership and Shareholding Structure of Furnatech Solutions?

In 2023, Furnatech Solutions had a promoter holding of 100.00%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Furnatech Solutions?

Unlock and access historical data on people associated with Furnatech Solutions, 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 Furnatech Solutions, 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 Furnatech Solutions'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 Furnatech Solutions

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2023

  • Balance Sheet

    Furnatech Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

    31 Mar 2023

  • Director Appointment

    Harivansh Parasnath Kharwara was appointed as a Director was appointed as a Director on 30 Jan 2018 & has been associated with this company since 7 years 3 days .

    30 Jan 2018

  • Director Appointment

    Sareeshma Manoj was appointed as a Director was appointed as a Director on 17 Feb 2017 & has been associated with this company since 7 years 11 months .

    17 Feb 2017

  • Director Appointment

    Narasimha Venkatesh Prabhu was appointed as a Director was appointed as a Director on 10 Oct 2013 & has been associated with this company since 11 years 3 months .

    10 Oct 2013

  • Director Appointment

    Sunil Chunilal Lalwani was appointed as a Director was appointed as a Director on 13 Aug 2008 & has been associated with this company since 16 years 5 months .

    13 Aug 2008

Frequently asked questions

  • Furnatech Solutions Private Limited was incorporated on 03 Oct 2007.

  • The authorized share capital of Furnatech Solutions Private Limited is ₹ 0.10 M and paid-up capital is ₹ 0.10 M.

  • Currently 4 directors are associated with Furnatech Solutions Private Limited.

    • Sunil Chunilal Lalwani
    • Narasimha Venkatesh Prabhu
    • Sareeshma Manoj
    • Harivansh Parasnath Kharwara
  • As per Ministry of Corporate Affairs (Mca), the registered address of Furnatech Solutions Private Limited is 1St Floor Office No 16 Khatau Building Alkesh Dinesh Modi Marg Fort, Mumbai, Maharashtra, India, 400023.

  • The corporate identification number (CIN) of Furnatech Solutions Private Limited is U72900MH2007PTC174683 and the company number is 174683 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Furnatech Solutions Private Limited has fallen by -45.37%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Furnatech Solutions Private Limited has experienced an upsurge of 14.25%.

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

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