Future Mining Tools Private Limited

Manufacturer of hydraulic crawler drilling machines, based in Maharashtra and established in 2010.

2010 | Ahmed Nagar, Maharashtra (India) | Active
Last Updated: November 16, 2024

Future Mining Tools Profile

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 9.90 M
  • Company Age 14 Year, 11 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 9.77 Cr
  • Satisfied Charges ₹ 10.35 Cr
  • Revenue Growth 39.21%
  • Profit Growth 78.35%
  • Ebitda 17.15%
  • Net Worth 23.54%
  • Total Assets 11.25%

About Future Mining Tools

Future Mining Tools Private Limited (FMTPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 12 March 2010 and has a history of 14 years and 11 months. Its registered office is in Ahmed Nagar, Maharashtra, 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 2023. It's a company limited by shares with an authorized capital of Rs 1.00 Cr and a paid-up capital of Rs 9.90 M.

The company currently has active open charges totaling ₹9.77 Cr. The company has closed loans amounting to ₹10.35 Cr, as per Ministry of Corporate Affairs (MCA) records.

Sanjyoti Mutha and Sanjay Mutha serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    U29240PN2010PTC135763

  • Company No.

    135763

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    12 Mar 2010

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Pune

Industry

Machinery and Equipment

What products or services does Future Mining Tools Private Limited offer?

Future Mining Tools Private Limited offers a wide range of products and services, including Drilling Rigs, Pneumatic Crawler Drill, Crawler Drill Machine, Hydraulic Rock & Nut Splitter, Hydraulic Rock Breaker, Hydraulic & Pneumatic Tools, Building & Construction Machines, Crushing Machines & Plants, Drilling & Boring Equipment, Rock Breakers.

Who are the key members and board of directors at Future Mining Tools?

Board Members (2)

Name Designation Appointment Date Status
Sanjyoti Mutha Country flag representing In Director 01-Aug-2012 Current
Sanjay Mutha Country flag representing In Director 12-Mar-2010 Current

Financial Performance of Future Mining Tools.

Future Mining Tools Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 39.21% increase. The company also saw a substantial improvement in profitability, with a 78.35% increase in profit. The company's net worth Soared by an impressive increase of 23.54%.

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
39.21%
Revenue from Operations
39.80%
Total Assets
11.25%
Profit or Loss
78.35%
Net Worth
23.54%
EBITDA
17.15%

What is the Ownership and Shareholding Structure of Future Mining Tools?

In 2023, Future Mining Tools 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

₹9.77 Cr

Satisfied Charges

₹10.35 Cr

Charges Breakdown by Lending Institutions

  • Yes Bank Limited : 9.77 Cr

Latest Charge Details

Date Lender Amount Status
31 Jul 2023 Yes Bank Limited ₹9.77 Cr Open
21 Apr 2023 Others ₹8.66 M Satisfied
06 Nov 2019 Others ₹1.77 M Satisfied
10 Sep 2018 Others ₹3.90 Cr Satisfied
27 Sep 2017 Others ₹1.28 M Satisfied

How Many Employees Work at Future Mining Tools?

Future Mining Tools has a workforce of 38 employees as of Apr 05, 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 Future Mining Tools, 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 Mining Tools'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 Mining Tools

Recent activity within the organization

  • Charges

    A charge with Yes Bank Limited of Rs. 9.77 Cr registered on 31 Jul 2023 with Charge ID 100767525 was modified on 20 Aug 2024.

    20 Aug 2024

  • Charges

    A charge registered on 10 Sep 2018 via Charge ID 100220898 with Others was fully satisfied on 01 Nov 2023.

    01 Nov 2023

  • Annual General Meeting

    Future Mining Tools 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 registered on 21 Apr 2023 via Charge ID 100718144 with Others was fully satisfied on 04 Aug 2023.

    04 Aug 2023

  • Charges

    A charge with Yes Bank Limited amounted to Rs. 9.77 Cr with Charge ID 100767525 was registered on 31 Jul 2023.

    31 Jul 2023

  • Charges

    A charge with Others amounted to Rs. 0.87 Cr with Charge ID 100718144 was registered on 21 Apr 2023.

    21 Apr 2023

Frequently asked questions

  • Future Mining Tools Private Limited was incorporated on 12 Mar 2010.

  • The authorized share capital of Future Mining Tools Private Limited is ₹ 1.00 Cr and paid-up capital is ₹ 9.90 M.

  • Currently 2 directors are associated with Future Mining Tools Private Limited.

    • Sanjyoti Sanjay Mutha
    • Sanjay Kantilal Mutha
  • As per Ministry of Corporate Affairs (Mca), the registered address of Future Mining Tools Private Limited is C-28/2, A/P Midc Tal Parner India, Supa, Maharashtra, 414301.

  • The corporate identification number (CIN) of Future Mining Tools Private Limited is U29240PN2010PTC135763 and the company number is 135763 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Future Mining Tools Private Limited is https://www.futureminingtools.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Future Mining Tools Private Limited has risen by 39.21%.

  • As Per 2023 financial reports, 38 employees are currently employed by Future Mining Tools Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Future Mining Tools Private Limited has experienced an upsurge of 23.54%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Future Mining Tools Private Limited amount to ₹ 9.77 Cr.

  • The most recent Balance Sheet for Future Mining Tools Private Limited was filed with the ROC on 31 Mar 2023.

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