Porite India Private Limited logo

Porite India Private Limited

Manufacturer and seller of powder metallurgy products, including auto parts and power tool parts.
2015 | Pune, Maharashtra (India) | Active

Last Updated:

October 24, 2024
HomeCompanyPorite India Private Limited

Who are the key members and board of directors at Porite India?

Executive Team (2)

NameDesignationAppointment DateStatus
Satoru Sato JpManaging Director01-Apr-2023Current
Dattatray Shelke InCompany Secretary01-Dec-2020Current

Board Members(4)

NameDesignationAppointment DateStatus
Masanori Kikuchi Jp Director 24-Feb-2015Current
Chiu Chu Cn Director 24-Feb-2015Current
Chang Chu Cn Director 24-Feb-2015Current
Sandeep Fatangare In Whole-Time Director 23-Sep-2020Current

Financial Performance of Porite India.

Porite India Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 89.26% increase. The company also saw a substantial fall in profitability, with a 24.16% decrease in profit. The company's net worth observed a substantial decline by a decrease of 35.3%.

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
89.26%
Revenue from Operations
88.73%
Total Assets
6.56%
Profit or Loss
-24.16%
Net Worth
-35.30%
EBITDA
-17.54%

Charges (Loans)

Satisfied Charges

₹9.00 Cr

LenderAmountStatus

Citi Bank N.A.

Creation Date: 02 Feb 2017
₹9.00 CrSatisfied

How Many Employees Work at Porite India?

Porite India has a workforce of 159 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

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Latest Updates, News, and FAQs on Porite India

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2023

  • Director Appointment

    Satoru Sato was appointed as a Managing Director was appointed as a Managing Director on 01 Apr 2023 & has been associated with this company since 1 year 9 months .

    01 Apr 2023

  • Balance Sheet

    Porite India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Pune.

    31 Mar 2023

  • Director Appointment

    Sandeep Marutirao Fatangare was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 23 Sep 2020 & has been associated with this company since 4 years 3 months .

    23 Sep 2020

  • Charges

    A charge registered on 02 Feb 2017 via Charge ID 100102556 with Citi Bank N.A. was fully satisfied on 05 Oct 2019.

    05 Oct 2019

  • Charges

    A charge with Citi Bank N.A. amounted to Rs. 9.00 Cr with Charge ID 100102556 was registered on 02 Feb 2017.

    02 Feb 2017

Frequently asked questions

  • Porite India Private Limited was incorporated on 24 Feb 2015.

  • The authorized share capital of Porite India Private Limited is ₹ 104.00 Cr and paid-up capital is ₹ 91.51 Cr.

  • Currently 6 directors are associated with Porite India Private Limited.

    • Masanori Kikuchi
    • Chiu Lung Chu
    • Chang Chern Chu
    • Sandeep Marutirao Fatangare
    • Satoru Sato
    • Dattatray Mamta Shelke
  • As per Ministry of Corporate Affairs (Mca), the registered address of Porite India Private Limited is Plot No. A-1/2/1 Phase Ii Chakan Industrial Area Midc, Tal Khed India, Pune, Maharashtra, 410501.

  • The corporate identification number (CIN) of Porite India Private Limited is U28113PN2015FTC154122 and the company number is 154122 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Porite India Private Limited is https://www.porite.co.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Porite India Private Limited has risen by 89.26%.

  • As Per 2023 financial reports, 159 employees are currently employed by Porite India Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Porite India Private Limited has experienced an downturn of -35.30%.

  • The most recent Balance Sheet for Porite India Private Limited was filed with the ROC on 31 Mar 2023.

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