Abacus Computers Limited
About Abacus Computers Limited
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Abacus Computers Limited is a public limited company based in Mumbai, Maharashtra, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 28 September 1983 and has been in existence for over 43 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN L30007MH1983PLC030982. It is recorded as listed by MCA, but its shares were delisted from BSE on 11 May 2018 · compulsory delisting, and no longer trade on a stock exchange.
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹2.85 Cr. It is led by directors including Umesh Jayantilal Ghelani and Nitin Beniprasad Kedia.
Its last annual general meeting (AGM) was held on 11 September 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2017, the company reported a revenue of ₹2.24 Lakh, a decline of 51% compared to the previous year. For the same year it recorded a net profit of ₹1,946 (net margin 0.9%) and EBITDA of ₹3,228 (EBITDA margin 1.4%).
Court records list 4 cases involving the company, including 4 filed against it.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
CIN history
Abacus Computers has one previous CIN (Corporate Identification Number): U30007MH1983PLC030982. The current CIN is L30007MH1983PLC030982, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L30007MH1983PLC030982 | Current |
| U30007MH1983PLC030982 | Previous |
Contact details
Abacus Computers Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressB – 206 Neminath Apt. Kambli Wadi Nr. Ramkrishna Hotel Opp. Vile Parle Station Vile Par, Le (E), Mumbai, Maharashtra, India – 400057
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Abacus Computers Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Business activity
The main business activities of Abacus Computers are trade and real estate. In detail, this covers retail trading and real estate activities on fee or contract basis. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading | |
| L | Real Estate | L2 | Real estate activities on fee or contract basis |
To see the full business activity and turnover split of Abacus Computers Limited, buy the company report.
Financials of Abacus Computers Limited
FY 2017 filings availableAbacus Computers Limited reported revenue of ₹2.24 Lakh (down 51% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue fell 51% in the latest year. EBITDA fell 86% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | |||
| Other Income | |||
| Total Revenue | ₹2.24 Lakh | ||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | ₹3,228 | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | ₹1,946 | ||
| Balance Sheet | |||
| Share Capital | |||
| Reserves and Surplus | |||
| Net Worth (Total Equity) | |||
| Long-term Borrowings | |||
| Short-term Borrowings | |||
| Trade Payables | |||
| Total Liabilities | |||
| Fixed Assets | |||
| Investments | |||
| Inventories | |||
| Trade Receivables | |||
| Cash and Bank Balance | |||
| Total Assets | |||
Financial Ratios
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 1.4% | ||
| Net Profit Margin | 0.9% | ||
| Return on Equity (ROE) | |||
| Return on Capital Employed (ROCE) | |||
| Return on Assets (ROA) | |||
| Liquidity and Debt | |||
| Current Ratio | |||
| Quick Ratio | |||
| Debt-to-Equity Ratio | |||
| Interest Coverage Ratio | |||
| Efficiency and Growth | |||
| Asset Turnover | |||
| Receivable Days | |||
| Payable Days | |||
| Inventory Days | |||
| Revenue Growth | |||
| Net Profit Growth | |||
To see the full financial statements and ratios of Abacus Computers Limited, buy the company report.
Board of directors and KMP of Abacus Computers Limited
Abacus Computers Limited currently reports 4 directors and 1 key managerial person. 4 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Umesh Jayantilal Ghelani | Director | 15 Oct 1983 | 43 Years 0 Months | Current |
| Nitin Beniprasad Kedia | Director | 27 Apr 2001 | 25 Years 6 Months | Current |
| Prashant Ashok Dhondsekar | Director | 14 Nov 2014 | 11 Years 11 Months | Current |
| Priyal Prashant Dhondsekar | Director | 11 Feb 2017 | 9 Years 8 Months | Current |
| Santosh Ramrao Karambelkar | Ceo | 13 Aug 2015 | 11 Years 2 Months | Current |
Shareholding
The shareholding of Abacus Computers Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Abacus Computers Limited, buy the company report.
Legal cases
Abacus Computers Limited has 4 court cases on record: 4 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 3 | 3 | 0 |
| District courts | 1 | 1 | 0 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Court case (CHOL) | Filed against the company by Punjab and Sind Bank | Disposed |
| Bombay High Court | Court case (CHS) | Filed against the company by Punjab and Sind Bank | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Civil suit | Filed against the company by Punjab and Sind Bank | Disposed |
| Bombay High Court | Court case (S) | Filed against the company by Punjab and Sind Bank | Disposed |
To see the full case history of Abacus Computers Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Abacus Computers Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Abacus Computers Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Abacus Computers Limited has 9 board changes on record since 1983: 7 appointments and 2 cessations. The latest: Priyal Prashant Dhondsekar was appointed as Director on 11 Feb 2017.
Frequently asked questions
Abacus Computers is an active public limited company based in Mumbai, Maharashtra, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 28 September 1983 (43+ years old) and is registered under CIN L30007MH1983PLC030982.
Abacus Computers has 5 current directors and KMP:
- Umesh Jayantilal Ghelani - Director
- Nitin Beniprasad Kedia - Director
- Prashant Ashok Dhondsekar - Director
- Priyal Prashant Dhondsekar - Director
- Santosh Ramrao Karambelkar - Ceo
The latest financial statements of Abacus Computers on record with the MCA are for the year ended 31 March 2017. Its last annual general meeting was held on 11 September 2017. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Abacus Computers is L30007MH1983PLC030982. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Abacus Computers is recorded as a listed company by MCA, but its shares were delisted from BSE on 11 May 2018 · compulsory delisting, and no longer trade on a stock exchange.
Abacus Computers has 4 court cases on record: 4 filed against it. Most are in the high courts.
Abacus Computers was incorporated on 28 September 1983, making it 43+ years old. It is registered with the Registrar of Companies, Mumbai.
Priyal Prashant Dhondsekar was appointed as Director on 11 Feb 2017. Urmi Santosh Karambelkar ceased to be Director on 11 Feb 2017. Santosh Ramrao Karambelkar was appointed as CEO on 13 Aug 2015. Abacus Computers has 9 board changes on record in total.
The registered office of Abacus Computers is at B – 206 Neminath Apt. Kambli Wadi Nr. Ramkrishna Hotel Opp. Vile Parle Station Vile Par, Le E, Mumbai, Maharashtra, India – 400057.
Abacus Computers operates in the real estate and construction industry, in the real estate builders and developers segment.
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