Future Hi-Tech Batteries Limited

Founded in 2012 and headquartered in Punjab, India.

2012 | Rupnagar, Punjab (India) | Active
Last Updated: June 28, 2024

Future Hi-Tech Batteries Profile

Key Indicators

  • Authorised Capital ₹ 2.01 Cr
  • Paid Up Capital ₹ 2.01 Cr
  • Company Age 12 Year, 4 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 4.25 Cr
  • Satisfied Charges ₹ 2.00 Cr
  • Revenue Growth 125.96%
  • Profit Growth 24.48%
  • Ebitda -948.68%
  • Net Worth -80.48%
  • Total Assets -4.90%

About Future Hi-Tech Batteries

Future Hi-Tech Batteries Limited (FHBL) is a leading Public Limited Indian Non-Government Company incorporated in India on 05 October 2012 and has a history of 12 years and four months. Its registered office is in Rupnagar, Punjab, India.

The Company is engaged in the Consumer Electronics & Durables 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 2.01 Cr and a paid-up capital of Rs 2.01 Cr.

The company currently has active open charges totaling ₹4.25 Cr. The company has closed loans amounting to ₹2.00 Cr, as per Ministry of Corporate Affairs (MCA) records.


Company Details

Corporate Identity Details

  • CIN/LLPIN

    U31109PB2012PLC036719

  • Company No.

    036719

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    05 Oct 2012

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chandigarh

Industry

Consumer Electronics & Durables

What products or services does Future Hi-Tech Batteries Limited offer?

Future Hi-Tech Batteries Limited offers a wide range of products and services, including Batteries & Charge Storage Devices, Rechargeable Batteries.

Who are the key members and board of directors at Future Hi-Tech Batteries?

Board Members (3)

Name Designation Appointment Date Status
Savneet Kaur Country flag representing In Director 06-May-2015 Current
Gagandeep Kaur Country flag representing In Director 05-Oct-2012 Current
Varjinder Kaur Country flag representing In Director 28-Oct-2017 Current

Financial Performance of Future Hi-Tech Batteries.

Future Hi-Tech Batteries Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 125.96% increase. The company also saw a substantial improvement in profitability, with a 24.48% increase in profit. The company's net worth observed a substantial decline by a decrease of 80.48%.

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
125.96%
Revenue from Operations
130.65%
Total Assets
-4.90%
Profit or Loss
24.48%
Net Worth
-80.48%
EBITDA
-948.68%

What is the Ownership and Shareholding Structure of Future Hi-Tech Batteries?

In 2023, Future Hi-Tech Batteries 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

₹4.25 Cr

Satisfied Charges

₹2.00 Cr

Charges Breakdown by Lending Institutions

  • Others : 4.25 Cr

Latest Charge Details

Date Lender Amount Status
17 May 2019 Others ₹4.25 Cr Open
04 Feb 2016 Central Bank Of India ₹2.00 Cr Satisfied

How Many Employees Work at Future Hi-Tech Batteries?

Unlock and access historical data on people associated with Future Hi-Tech Batteries, 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 Future Hi-Tech Batteries, 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 Future Hi-Tech Batteries'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 Future Hi-Tech Batteries

Recent activity within the organization

  • Annual General Meeting

    Future Hi-Tech Batteries Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Future Hi-Tech Batteries Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chandigarh.

    31 Mar 2023

  • Charges

    A charge with Others of Rs. 4.25 Cr registered on 17 May 2019 with Charge ID 100266290 was modified on 31 May 2019.

    31 May 2019

  • Charges

    A charge registered on 04 Feb 2016 via Charge ID 10627463 with Central Bank Of India was fully satisfied on 28 May 2019.

    28 May 2019

  • Charges

    A charge with Others amounted to Rs. 4.25 Cr with Charge ID 100266290 was registered on 17 May 2019.

    17 May 2019

  • Director Appointment

    Varjinder Kaur was appointed as a Director was appointed as a Director on 28 Oct 2017 & has been associated with this company since 7 years 3 months .

    28 Oct 2017

Recent News, Updates & Announcement

Frequently asked questions

  • Future Hi-Tech Batteries Limited was incorporated on 05 Oct 2012.

  • The authorized share capital of Future Hi-Tech Batteries Limited is ₹ 2.01 Cr and paid-up capital is ₹ 2.01 Cr.

  • Currently 3 directors are associated with Future Hi-Tech Batteries Limited.

    • Savneet Kaur
    • Gagandeep Kaur
    • Varjinder Kaur
  • As per Ministry of Corporate Affairs (Mca), the registered address of Future Hi-Tech Batteries Limited is Plot No C-183, Industrial Focal Point Phase - Viii-B, Sas Nagar, Punjab, India, 160071.

  • The corporate identification number (CIN) of Future Hi-Tech Batteries Limited is U31109PB2012PLC036719 and the company number is 036719 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Future Hi-Tech Batteries Limited is https://www.futurehitechbatteries.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Future Hi-Tech Batteries Limited has risen by 125.96%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Future Hi-Tech Batteries Limited has experienced an downturn of -80.48%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Future Hi-Tech Batteries Limited amount to ₹ 4.25 Cr.

  • The most recent Balance Sheet for Future Hi-Tech Batteries Limited was filed with the ROC on 31 Mar 2023.

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