About Ulma Formwork Systems India Private Limited
Data last updated:
Ulma Formwork Systems India Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Ulma Cyes Co -Op. It operates in the industrial products retail and distribution segment of the machinery and industrial equipment sector. It was incorporated on 23 March 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74120MH2009PTC258464. Its GSTIN is 27AABCU0733G1ZL (Maharashtra). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹26.5 Cr and a paid-up capital of ₹12.12 Cr. It is led by directors including Surajit Ray and Susmita Ray.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Unit No. 203/204 Eco House Vishweshwar Nagar Off Aarey Raod Goregoan (E), Mumbai, Maharashtra, India – 400063.
As per the financials filed for FY 2025, the company reported a revenue of ₹14.83 Cr, a decline of 15% compared to the previous year. For the same year it recorded a net loss of ₹1.65 Cr (net margin -11.2%) and EBITDA of -₹80.7 Lakh (EBITDA margin -5.4%). Revenue has grown at a compounded annual rate (CAGR) of 13% over three years and 2% over five years.
The company has about 16 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: ULMA. Court records list 4 cases involving the company, including 4 filed by the company; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ulmaconstruction.com.
CIN History
Ulma Formwork Systems India has one previous CIN (Corporate Identification Number): U74120DL2009PTC188710. The current CIN is U74120MH2009PTC258464, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74120MH2009PTC258464 | Current |
| U74120DL2009PTC188710 | Previous |
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressUnit No. 203/204 Eco House Vishweshwar Nagar Off Aarey Raod Goregoan (E), Mumbai, Maharashtra, India – 400063
- IndustryMachinery and Equipment, Industrial Products Retail & Distribution
- 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
- One PDF report, delivered after checkout
Associated Brands
Ulma Formwork Systems India operates one associated brand: ULMA. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Formwork, shoring, and scaffolding systems are manufactured and supplied. | ulmaconstruction.com |
Business Activity
The main business activity of Ulma Formwork Systems India is construction. In detail, this covers demolition & site preparation, electrical, plumbing & other specialized construction activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| F | Construction | F3 | Demolition & site preparation, Electrical, plumbing & other Specialized construction Activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Financials of Ulma Formwork Systems India Private Limited
FY 2024 filings availableUlma Formwork Systems India Private Limited reported revenue of ₹14.83 Cr (down 15% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 15% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 2%. EBITDA rose 76% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2020-21 to FY 2023-24in the company report |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | •••• | |
| Other Income | •••• | |
| Total Revenue | •••• | |
| Cost of Materials Consumed | •••• | |
| Employee Benefit Expense | •••• | |
| Finance Costs | •••• | |
| Depreciation and Amortisation | •••• | |
| Other Expenses | •••• | |
| Total Expenses | •••• | |
| EBITDA | -₹80.7 Lakh | |
| Profit Before Tax | •••• | |
| Tax Expense | •••• | |
| Net Profit (PAT) | -₹1.65 Cr | |
| 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 2024-25 | FY 2020-21 to FY 2023-24in the company report |
|---|---|---|
| Profitability | ||
| EBITDA Margin | -5.4% | |
| Net Profit Margin | -11.2% | |
| 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 | •••• | |
Paid data: the figures shown as dots, and every line for FY 2020-21 to FY 2023-24, are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Ulma Formwork Systems India are in the company report.
: available in the company report
Board of Directors of Ulma Formwork Systems India Private Limited
Ulma Formwork Systems India has 4 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Surajit Ray | Director | 23 Mar 2009 | 17 Years 6 Months | Current |
| Susmita Ray | Director | 23 Mar 2009 | 17 Years 6 Months | Current |
| Maria Lourdes Urcelay Ugarte | Director | 08 Jan 2015 | 11 Years 9 Months | Current |
| Aitor Ayastuy Ayastuy | Director | 31 Jan 2011 | 15 Years 8 Months | Current |
Auditor Details
Ulma Formwork Systems India Private Limited is audited by GOHEL & ASSOCIATES LLP for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| GOHEL & ASSOCIATES LLP | Locked | Locked | Locked |
: available in the company report
Ownership and Shareholding
: available in the company report
Charges & Borrowings
Ulma Formwork Systems India Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Legal Cases
Ulma Formwork Systems India Private Limited has 4 court cases on record: 4 filed by Ulma Formwork Systems India. 1 case is pending and 3 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 0 | 1 |
| High courts | 2 | 0 | 0 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summary Cases) | Filed by the company against Multystoreys Projects Pvt Ltd | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Commercial suit | Filed by the company against Sri Satyam Ispat Industries India Pvt Ltd and 2 others | Disposed |
| High Court, West Bengal | Arbitration matter | Filed by the company against Bil Infratech Limited | Disposed |
| High Court, West Bengal | Arbitration matter | Filed by the company against Bill Infratech Limited | Disposed |
: available in 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.
Employees and EPFO Compliance
Ulma Formwork Systems India Private Limited has a workforce of 16 employees as of Apr 07, 2024.
: available in the company report
Recent Activity
Ulma Formwork Systems India Private Limited has 8 board changes on record since 2009: 4 appointments and 4 cessations. The latest: Maria Lourdes Urcelay Ugarte ceased to be Additional Director on 25 Sep 2015.
Credit Ratings, Litigation & Regulatory Alerts
: available in the company report
MSME Payment Delays
: available in the company report
Subsidiaries & Group Companies
: available in the company report
GST Compliance
Ulma Formwork Systems India has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCU0733G1ZL | Maharashtra | Active | 01 Jul 2017 |
: available in the company report
MCA Filings & Documents
: available in the company report
Frequently Asked Questions
Ulma Formwork Systems India is an active private limited company based in Mumbai, Maharashtra, India. The company works in industrial products retail and distribution, within the machinery and equipment industry. It was incorporated on 23 March 2009 (17+ years old) and is registered under CIN U74120MH2009PTC258464.
Ulma Formwork Systems India has 4 current directors:
- Surajit Ray - Director
- Susmita Ray - Director
- Maria Lourdes Urcelay Ugarte - Director
- Aitor Ayastuy Ayastuy - Director
The latest financial statements of Ulma Formwork Systems India on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Ulma Formwork Systems India is 27AABCU0733G1ZL, registered in Maharashtra. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Ulma Formwork Systems India is U74120MH2009PTC258464. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ulma Formwork Systems India has 4 court cases on record: 4 filed by the company. 1 is pending. Most are in the district courts.
Ulma Formwork Systems India was incorporated on 23 March 2009, making it 17+ years old. It is registered with the Registrar of Companies, Mumbai.
Maria Lourdes Urcelay Ugarte ceased to be Additional Director on 25 Sep 2015. Inaki Olalde Galdos ceased to be Director on 24 Jun 2015. Surendra Janardan Tawde ceased to be Director on 24 Jun 2015. Ulma Formwork Systems India has 8 board changes on record in total.
Ulma Formwork Systems India can be reached through the website ulmaconstruction.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Ulma Formwork Systems India is at Unit No. 203204 Eco House Vishweshwar Nagar Off Aarey Raod Goregoan E, Mumbai, Maharashtra, India – 400063.