Futuretech Engineering Private Limited logo

Futuretech Engineering Private Limited

Manufactures engineering products for various clients, with ISO 9001:2015 certification.
2007 | Bangalore, Karnataka (India) | Converted to LLP

Last Updated:

May 01, 2024
HomeCompanyFuturetech Engineering Private Limited

Who are the key members and board of directors at Futuretech Engineering?

Board Members(3)

NameDesignationAppointment DateStatus
Madhava Somayaji In Director 25-Oct-2007Current
Kamal Biradar In Director 25-Oct-2007Current
Abhay Lokare In Director 02-Nov-2007Current

Financial Performance of Futuretech Engineering.

Futuretech Engineering Private Limited, for the financial year ended 2021, experienced significant reduction in revenue, with a 28.45% decrease. The company also saw a substantial fall in profitability, with a 67.23% decrease in profit. The company's net worth Soared by an impressive increase of 14.73%.

Revenue Growth Graph
Profit Loss Graph
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metric
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
-28.45%
Revenue from Operations
-30.23%
Total Assets
2.90%
Profit or Loss
-67.23%
Net Worth
14.73%
EBITDA
-62.54%

Related Corporates (Common Directorship)

Charges (Loans)

Satisfied Charges

₹57.86 M

LenderAmountStatus

Others

Creation Date: 26 Aug 2016
₹9.00 MSatisfied

The National Co - Operative Bank Ltd

Creation Date: 27 Nov 2014
₹5.00 MSatisfied

The National Co - Operative Bank Ltd

Creation Date: 14 Sep 2014
₹1.00 MSatisfied

How Many Employees Work at Futuretech Engineering?

Futuretech Engineering has a workforce of 51 employees as of Apr 06, 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.

Employee Graph

Deals i

Rating

Alerts

Latest Updates, News, and FAQs on Futuretech Engineering

Recent activity within the organization

  • Charges

    A charge registered on 13 Sep 2014 via Charge ID 10527017 with Others was fully satisfied on 21 Jul 2022.

    21 Jul 2022

  • Charges

    A charge registered on 26 Aug 2016 via Charge ID 100050003 with Others was fully satisfied on 20 Jul 2022.

    20 Jul 2022

  • Charges

    A charge registered on 27 Nov 2014 via Charge ID 10544815 with The National Co - Operative Bank Ltd was fully satisfied on 20 Jul 2022.

    20 Jul 2022

  • Charges

    A charge registered on 14 Sep 2014 via Charge ID 10544813 with The National Co - Operative Bank Ltd was fully satisfied on 20 Jul 2022.

    20 Jul 2022

  • Charges

    A charge registered on 03 Jan 2014 via Charge ID 10477676 with The National Co - Operative Bank Ltd was fully satisfied on 20 Jul 2022.

    20 Jul 2022

  • Charges

    A charge registered on 04 Dec 2013 via Charge ID 10504340 with The National Co - Operative Bank Ltd was fully satisfied on 20 Jul 2022.

    20 Jul 2022

Frequently asked questions

  • Futuretech Engineering Private Limited was incorporated on 25 Oct 2007.

  • The authorized share capital of Futuretech Engineering Private Limited is ₹ 2.50 M and paid-up capital is ₹ 2.40 M.

  • Currently 3 directors are associated with Futuretech Engineering Private Limited.

    • Madhava Chandrashekhara Somayaji
    • Kamal Gurappa Biradar
    • Abhay Ganpathrao Lokare
  • As per Ministry of Corporate Affairs (Mca), the registered address of Futuretech Engineering Private Limited is No. 13 8Th Main Road, Agrahara Dasara Halli., Bangalore, Karnataka, India, 560079.

  • The corporate identification number (CIN) of Futuretech Engineering Private Limited is U29220KA2007PTC044208 and the company number is 044208 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Futuretech Engineering Private Limited is https://www.ftepl.com

  • According to the financial reports for the fiscal year 2021, the revenue trend for Futuretech Engineering Private Limited has fallen by -28.45%.

  • As Per 2021 financial reports, 51 employees are currently employed by Futuretech Engineering Private Limited.

  • The financial reports for the fiscal year 2021 indicates that The net worth of Futuretech Engineering Private Limited has experienced an upsurge of 14.73%.

  • The most recent Balance Sheet for Futuretech Engineering Private Limited was filed with the ROC on 31 Mar 2021.

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