Indian Furniture Products Profile
Key Indicators
- Authorised Capital ₹ 83.90 Cr
- Paid Up Capital ₹ 80.10 Cr
- Company Age 24 Year, 2 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 two 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
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.
Who are the key members and board of directors at Indian Furniture Products?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Sandeep Kumar  | CFO | 07-Feb-2019 | Current |
| Heerika Shukla | Company Secretary | Current |
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Syed Shahab | Director | 28-Jul-2022 | Current |
| Bhaskar Chatterjee | Director | 31-Mar-2015 | Current |
| Nishant Dalal | Director | 04-Dec-2020 | Current |
| Alok Banerjee | Director | 27-Jan-2022 | Current |
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%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metrics |
| (FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
| ||||||
| Revenue from Operations |
| ||||||
| Total Assets |
| ||||||
| Profit or Loss |
| ||||||
| Net Worth |
| ||||||
| EBITDA |
|
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.
Related Corporates (Common Directorship)
Zuari Finserv LimitedNishant Dalal, Alok Banerjee and 1 more are mutual person
- Zuari International Limited
Nishant Dalal, Alok Banerjee and 1 more are mutual person
- Zuari Insurance Brokers Limited
Nishant Dalal and Alok Banerjee are mutual person
Zuari Infraworld India LimitedSyed Shahab and Alok Banerjee are mutual person
Forte Furniture Products India Private LimitedAlok Banerjee is a mutual person
Krishna Bhima Samruddhi Local Area Bank LimitedSyed Shahab is a mutual person
Charges (Loans)
₹93.00 Cr
₹441.31 Cr
Charges Breakdown by Lending Institutions
- Others : 93.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 10 Apr 2024 | Others | ₹93.00 Cr | Open |
| 05 May 2023 | Others | ₹100.00 Cr | Satisfied |
| 20 Jul 2018 | Tata Capital Financial Services Limited | ₹80.00 Cr | Satisfied |
| 04 Dec 2015 | Icici Bank Limited | ₹15.00 Cr | Satisfied |
| 13 Mar 2014 | Rbl Bank Limited | ₹30.00 Cr | Satisfied |
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.
Deals i
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
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.
