Futuretech Engineering Profile
Key Indicators
- Authorised Capital ₹ 2.50 M
- Paid Up Capital ₹ 2.40 M
- Company Age 17 Year, 4 Months
- Last Filing with ROC 31 Mar 2021
- Satisfied Charges ₹ 5.79 Cr
- Revenue Growth -28.45%
- Profit Growth -67.23%
- Ebitda -62.54%
- Net Worth 14.73%
- Total Assets 2.90%
About Futuretech Engineering
Company Details
- Location
Bangalore, Karnataka, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U29220KA2007PTC044208
- Company No.
044208
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
25 Oct 2007
- Date of AGM
30 Nov 2021
- Date of Balance Sheet
31 Mar 2021
- Listing Status
Unlisted
- ROC Code
Roc Bangalore
Industry
Who are the key members and board of directors at Futuretech Engineering?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Madhava Somayaji  | Director | 25-Oct-2007 | Current |
| Kamal Biradar | Director | 25-Oct-2007 | Current |
| Abhay Lokare | Director | 02-Nov-2007 | Current |
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%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Futuretech Engineering?
In 2021, Futuretech Engineering had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Futuresol LlpMadhava Somayaji, Kamal Biradar and 1 more are mutual person
- Hsmcil Llp
Madhava Somayaji and Kamal Biradar are mutual person
- Futuretech Engineering Llp
Madhava Somayaji, Kamal Biradar and 1 more are mutual person
- Pearl Automotive Leather India Private Limited
Kamal Biradar and Abhay Lokare are mutual person
Charges (Loans)
₹0
₹57.86 M
Charges Breakdown by Lending Institutions
- The National Co - Operative Bank Ltd : 2.50 Cr
- Others : 2.23 Cr
- Canara Bank : 1.06 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 26 Aug 2016 | Others | ₹9.00 M | Satisfied |
| 27 Nov 2014 | The National Co - Operative Bank Ltd | ₹5.00 M | Satisfied |
| 14 Sep 2014 | The National Co - Operative Bank Ltd | ₹1.00 M | Satisfied |
| 13 Sep 2014 | Others | ₹1.33 Cr | Satisfied |
| 03 Jan 2014 | The National Co - Operative Bank Ltd | ₹1.20 Cr | Satisfied |
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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Futuretech Engineering, 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 Futuretech Engineering's trajectory.
Rating
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
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.
