Future Tech Electronics Private Limited

Sells electronic consumer goods like TVs, radios, CD/DVD players.

2017 | Mumbai, Maharashtra (India) | Active
Last Updated: November 15, 2024

Future Tech Electronics Profile

Key Indicators

  • Authorised Capital ₹ 4.00 Cr
  • Paid Up Capital ₹ 3.55 Cr
  • Company Age 7 Year, 4 Months
  • Last Filing with ROC 31 Mar 2023
  • Revenue Growth -74.64%
  • Profit Growth -368.47%
  • Ebitda -324.95%
  • Net Worth -42.64%
  • Total Assets -47.71%

About Future Tech Electronics

Future Tech Electronics Private Limited (FTEPL) is a Private Limited Indian Non-Government Company incorporated in India on 25 September 2017 (Seven years and four months 30 days old ). Its registered office is in Mumbai, Maharashtra, 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 4.00 Cr and a paid-up capital of Rs 3.55 Cr, as per Ministry of Corporate Affairs (MCA) records.

Sudhir Mhatre, Ashok Purohit, Rajiv Varma, and Three other members 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

    U74999MH2017PTC300077

  • Company No.

    300077

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    25 Sep 2017

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Consumer Electronics & Durables

Who are the key members and board of directors at Future Tech Electronics?

Board Members (6)

NameDesignationAppointment DateStatus
Vivek Mhatre Country flag representing In Director 20-Dec-2021Current
Sudhir Mhatre Country flag representing In Director 12-Jun-2018Current
Rajiv Varma Country flag representing In Director 15-Nov-2017Current
Ashok Purohit Country flag representing In Director 12-Jun-2018Current
Sudha Mhatre Country flag representing In Director 25-Sep-2017Current
Satish Molasi Country flag representing In Director 25-Sep-2017Current

Financial Performance of Future Tech Electronics.

Future Tech Electronics Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 74.64% decrease. The company also saw a substantial fall in profitability, with a 368.47% decrease in profit. The company's net worth observed a substantial decline by a decrease of 42.64%.

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
-74.64%
Revenue from Operations
-75.37%
Total Assets
-47.71%
Profit or Loss
-368.47%
Net Worth
-42.64%
EBITDA
-324.95%

What is the Ownership and Shareholding Structure of Future Tech Electronics?

In 2023, Future Tech Electronics had a promoter holding of 15.49% and a public holding of 84.51%. 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 Future Tech Electronics?

Unlock and access historical data on people associated with Future Tech Electronics, 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 Tech Electronics, 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 Tech Electronics'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 Tech Electronics

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2023

  • Balance Sheet

    Future Tech Electronics Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

    31 Mar 2023

  • Director Appointment

    Sudhir Baliram Mhatre was appointed as a Director was appointed as a Director on 12 Jun 2018 & has been associated with this company since 6 years 8 months .

    12 Jun 2018

  • Director Appointment

    Ashok Chunilal Purohit was appointed as a Director was appointed as a Director on 12 Jun 2018 & has been associated with this company since 6 years 8 months .

    12 Jun 2018

  • Director Appointment

    Rajiv Karunakaran Varma was appointed as a Director was appointed as a Director on 15 Nov 2017 & has been associated with this company since 7 years 3 months .

    15 Nov 2017

  • Director Appointment

    Sudha Sudhir Mhatre was appointed as a Director was appointed as a Director on 25 Sep 2017 & has been associated with this company since 7 years 4 months .

    25 Sep 2017

Frequently asked questions

  • Future Tech Electronics Private Limited was incorporated on 25 Sep 2017.

  • The authorized share capital of Future Tech Electronics Private Limited is ₹ 4.00 Cr and paid-up capital is ₹ 3.55 Cr.

  • Currently 6 directors are associated with Future Tech Electronics Private Limited.

    • Sudhir Baliram Mhatre
    • Ashok Chunilal Purohit
    • Rajiv Karunakaran Varma
    • Vivek Vijay Mhatre
    • Sudha Sudhir Mhatre
    • Satish Purshottam Molasi
  • As per Ministry of Corporate Affairs (Mca), the registered address of Future Tech Electronics Private Limited is 701/702/715/716 Raikar Chambers Govandi, Opp. Firex Co. India, Mumbai, Maharashtra, 400088.

  • The corporate identification number (CIN) of Future Tech Electronics Private Limited is U74999MH2017PTC300077 and the company number is 300077 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Future Tech Electronics Private Limited has fallen by -74.64%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Future Tech Electronics Private Limited has experienced an downturn of -42.64%.

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