Shah Foils Profile
Key Indicators
- Authorised Capital ₹ 7.50 Cr
- Paid Up Capital ₹ 6.80 Cr
- Company Age 20 Year, 9 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 202.47 Cr
- Satisfied Charges ₹ 47.84 Cr
- Revenue Growth 25.27%
- Profit Growth -45.96%
- Ebitda -35.83%
- Net Worth 12.95%
- Total Assets 8.73%
About Shah Foils
Shah Foils Limited (SFL) is a leading Public Limited Indian Non-Government Company incorporated in India on 06 April 2004 and has a history of 20 years and nine months. Its registered office is in Ahmedabad, Gujarat, India.
The Corporate was formerly known as Shah Foils Private Limited. The Company is engaged in the Metals And Minerals Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 7.50 Cr and a paid-up capital of Rs 6.80 Cr.
The company currently has active open charges totaling ₹202.47 Cr. The company has closed loans amounting to ₹47.84 Cr, as per Ministry of Corporate Affairs (MCA) records.
Lekhraj Kanungo, Mahendra Shah, Ramesh Shah, and Three other members serve as directors at the Company.
Company Details
-
Location
Ahmedabad, Gujarat, India
-
Telephone
+91-XXXXXXXXXX
-
Email Address
-
Website
-
Social Media
Corporate Identity Details
-
CIN/LLPIN
U27209GJ2004PLC043927
-
Company No.
043927
-
Company Classification
Public Limited Indian Non-Government Company
-
Incorporation Date
06 Apr 2004
-
Date of AGM
30 Sep 2023
-
Date of Balance Sheet
31 Mar 2023
-
Listing Status
Unlisted
-
ROC Code
Roc Ahmedabad
Industry
Who are the key members and board of directors at Shah Foils?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Kartik Shah
|
Managing Director | 06-Apr-2004 | Current |
Board Members (5)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
|
Lekhraj Kanungo
|
Additional Director | 01-Apr-2010 | Current |
|
Mahendra Shah
|
Director | 06-Apr-2004 | Current |
|
Ramesh Shah
|
Director | 06-Apr-2004 | Current |
|
Ankur Patwa
|
Director | 07-Jan-2022 | Current |
|
Nitisha Sharma
|
Director | 19-Mar-2020 | Current |
Financial Performance of Shah Foils.
Shah Foils Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 25.27% increase. The company also saw a substantial fall in profitability, with a 45.96% decrease in profit. The company's net worth Soared by an impressive increase of 12.95%.
- 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 Shah Foils?
In 2023, Shah Foils had a promoter holding of 90.24% and a public holding of 9.76%. The company had 2 Associate Companies. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
-
Sunrise Stainless Private LimitedMahendra Shah is a mutual person
-
Smita Impex LlpLekhraj Kanungo is a mutual person
-
M. Nahar And Bafna Housing Llp
Lekhraj Kanungo is a mutual person
-
M. Nahar And Bafna Developers Llp
Lekhraj Kanungo is a mutual person
-
M. Nahar And Parmar Realty Llp
Lekhraj Kanungo is a mutual person
-
P And K Plinth Private Limited
Lekhraj Kanungo is a mutual person
Charges (Loans)
₹202.47 Cr
₹47.84 Cr
Charges Breakdown by Lending Institutions
- State Bank Of India : 179.32 Cr
- Hdfc Bank Limited : 23.15 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 15 Feb 2023 | Hdfc Bank Limited | ₹1.48 M | Open |
| 22 Mar 2021 | State Bank Of India | ₹6.00 Cr | Open |
| 17 Jun 2017 | Hdfc Bank Limited | ₹23.00 Cr | Open |
| 11 Apr 2017 | State Bank Of India | ₹21.50 Cr | Open |
| 09 Jun 2014 | State Bank Of India | ₹151.82 Cr | Open |
How Many Employees Work at Shah Foils?
Shah Foils has a workforce of 325 employees as of Mar 28, 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 Shah Foils, 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 Shah Foils'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.
