Indian Furniture Products Limited

Manufacturer of furniture products, including office furniture, under its own brand and ISO certified.

2000 | Tiruvallur, Tamil Nadu (India) | Active
Last Updated:

Indian Furniture Products Profile

Key Indicators

  • Authorised Capital ₹ 83.90 Cr
  • Paid Up Capital ₹ 80.10 Cr
  • Company Age 24 Year, 5 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 93.00 Cr
  • Satisfied Charges ₹ 441.31 Cr
  • Revenue Growth -55.75%
  • Profit Growth -57.25%
  • Ebitda 29.63%
  • Net Worth -62.55%
  • Total Assets -4.15%

About Indian Furniture Products

Indian Furniture Products Limited (IFPL) is a leading Public Limited Indian Non-Government Company incorporated in India on 06 December 2000 and has a history of 24 years and five months. Its registered office is in Tiruvallur, Tamil Nadu, India.

The Corporate was formerly known as Zil Infotech Limited. 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 2024. It's a company limited by shares with an authorized capital of Rs 83.90 Cr and a paid-up capital of Rs 80.10 Cr.

The company currently has active open charges totaling ₹93.00 Cr. The company has closed loans amounting to ₹441.31 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Indian Furniture Products Limited India are Sandeep Kumar as CFO and Heerika Shukla as Company Secretary. Nishant Dalal, Syed Shahab, Alok Banerjee, and One other member serve as directors at the Company.

Company Details

  • Location

    Tiruvallur, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U72200TN2000PLC089255

  • Company No.

    089255

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    06 Dec 2000

  • Date of AGM

    24 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Consumer Electronics & Durables

What products or services does Indian Furniture Products Limited offer?

Indian Furniture Products Limited offers a wide range of products and services, including Leather Furniture, Leather Sofa, Living Room Furniture, Furniture Sofa, TV Stand & Cabinets, Entertainment TV Unit, Modular Sofa, TV Cabinet, Table, Side Table.

Company report

Indian Furniture Products Limited

Explore comprehensive data for Indian Furniture Products Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Indian Furniture Products?

Executive Team (2)

NameDesignationAppointment DateStatus
Sandeep Kumar Country flag representing In CFO07-Feb-2019Current
Heerika Shukla Company SecretaryCurrent

Board Members (4)

NameDesignationAppointment DateStatus
Syed Shahab Country flag representing In Director 28-Jul-2022Current
Bhaskar Chatterjee Country flag representing In Director 31-Mar-2015Current
Nishant Dalal Country flag representing In Director 04-Dec-2020Current
Alok Banerjee Country flag representing In Director 27-Jan-2022Current

Financial Performance of Indian Furniture Products.

Indian Furniture Products Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 55.75% decrease. The company also saw a substantial fall in profitability, with a 57.25% decrease in profit. The company's net worth observed a substantial decline by a decrease of 62.55%.

Indian Furniture Products revenue growth over time
Indian Furniture Products 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
-55.75%
Revenue from Operations
-52.50%
Total Assets
-4.15%
Profit or Loss
-57.25%
Net Worth
-62.55%
EBITDA
29.63%

What is the Ownership and Shareholding Structure of Indian Furniture Products?

In 2022, Indian Furniture Products had a promoter holding of 72.45% and a public holding of 27.55%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹93.00 Cr

Satisfied Charges

₹441.31 Cr

Charges Breakdown by Lending Institutions

  • Others : 93.00 Cr

Latest Charge Details

DateLenderAmountStatus
10 Apr 2024Others₹93.00 CrOpen
05 May 2023Others₹100.00 CrSatisfied
20 Jul 2018Tata Capital Financial Services Limited₹80.00 CrSatisfied
04 Dec 2015Icici Bank Limited₹15.00 CrSatisfied
13 Mar 2014Rbl Bank Limited₹30.00 CrSatisfied

How Many Employees Work at Indian Furniture Products?

Indian Furniture Products has a workforce of 3 employees as of Mar 30, 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 growth trends for Indian Furniture Products Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Indian Furniture Products, 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 Indian Furniture Products'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 Indian Furniture Products

Recent activity within the organization

  • Annual General Meeting

    Indian Furniture Products Limited last Annual general meeting of members was held on 24 Sep 2024 as per latest MCA records.

  • Charges

    A charge with Others amounted to Rs. 93.00 Cr with Charge ID 100911842 was registered on 10 Apr 2024.

  • Balance Sheet

    Indian Furniture Products Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.

  • Charges

    A charge registered on 05 May 2023 via Charge ID 100728852 with Others was fully satisfied on 13 Mar 2024.

  • Charges

    A charge with Others amounted to Rs. 100.00 Cr with Charge ID 100728852 was registered on 05 May 2023.

  • Charges

    A charge registered on 20 Jul 2018 via Charge ID 100199994 with Tata Capital Financial Services Limited was fully satisfied on 04 Apr 2023.

Frequently asked questions

  • What is the Incorporation or founding date of Indian Furniture Products Limited?

    Indian Furniture Products Limited was incorporated on 06 Dec 2000.

  • What is authorized share capital and paid-up capital of Indian Furniture Products Limited?

    The authorized share capital of Indian Furniture Products Limited is ₹ 83.90 Cr and paid-up capital is ₹ 80.10 Cr.

  • Who are the current board members & directors of Indian Furniture Products Limited?

    Currently 6 directors are associated with Indian Furniture Products Limited.

    • Nishant Dalal
    • Syed Mohammad Farooque Shahab
    • Sandeep Kumar
    • Heerika Shukla
    • Alok Banerjee
    • Bhaskar Chatterjee

  • What is the registered address of Indian Furniture Products Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Indian Furniture Products Limited is G 106, Sidco Industrial Estate India, Kakkalur, Tamil Nadu, 602003.

  • What is the corporate identification number (CIN) and company number of Indian Furniture Products Limited?

    The corporate identification number (CIN) of Indian Furniture Products Limited is U72200TN2000PLC089255 and the company number is 089255 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Indian Furniture Products Limited?

    The Official website of Indian Furniture Products Limited is https://www.zuari-furniture.com

  • What has been the recent revenue trend for Indian Furniture Products Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Indian Furniture Products Limited has fallen by -55.75%.

  • How many employees does Indian Furniture Products Limited currently have?

    As Per 2023 financial reports, 3 employees are currently employed by Indian Furniture Products Limited.

  • What change has been observed in the net worth of Indian Furniture Products Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Indian Furniture Products Limited has experienced an downturn of -62.55%.

  • What are the total open charges for Indian Furniture Products Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Indian Furniture Products Limited amount to ₹ 93.00 Cr.

  • When was the last Balance Sheet of Indian Furniture Products Limited filed with the ROC?

    The most recent Balance Sheet for Indian Furniture Products Limited was filed with the ROC on 31 Mar 2024.

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