Vatsal Fabtex Limited
About Vatsal Fabtex Limited
Data last updated:
Vatsal Fabtex Limited was a public limited company based in Mumbai, Maharashtra, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the wholesale distribution segment of the trading and commerce sector. It was incorporated on 15 March 2000.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U72200MH2000PLC124921.
The company had an authorised share capital of ₹30 Lakh and a paid-up capital of ₹30 Lakh. It was led by directors including Ketan Somchand Haraniya and Hasmukh Somchand Haraniya.
Its last annual general meeting (AGM) was held on 30 September 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office was at Mumbai, Maharashtra.
As per the financials filed for FY 2017, the company reported a revenue of ₹2.67 Lakh, a decline of 4% compared to the previous year. For the same year it recorded a net loss of ₹2.42 Lakh (net margin -90.7%) and EBITDA of ₹2.5 Lakh (EBITDA margin 93.5%). Revenue has declined at a compounded annual rate (CAGR) of 83% over three years.
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- Registered AddressShree Nath Complex A F No 302 P K Extension Road Opp. Raja Industrial Estate Nahur Mulun, D (W), Mumbai, Maharashtra, India – 400080
- IndustryTrading, Other Wholesale, Wholesale
- 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
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Financials of Vatsal Fabtex Limited FY 2017 filings available
Vatsal Fabtex Limited reported revenue of ₹2.67 Lakh (down 4% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR) of Vatsal Fabtex Limited
Revenue has declined at a compounded annual rate (CAGR) of 83% over three years, including a 4% fall in the latest year. EBITDA fell 4% 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 of Vatsal Fabtex Limited
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• |
| Total Revenue | ₹2.67 Lakh | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• |
| EBITDA | ₹2.5 Lakh | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• |
| Net Profit (PAT) | -₹2.42 Lakh | •••• | •••• |
| 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 of Vatsal Fabtex Limited
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 93.5% | •••• | •••• |
| Net Profit Margin | -90.7% | •••• | •••• |
| 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 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 Vatsal Fabtex are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Board of Directors of Vatsal Fabtex Limited
Vatsal Fabtex has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ketan Somchand Haraniya | Director | 15 Jun 2006 | 20 Years 4 Months | As last reported |
| Hasmukh Somchand Haraniya | Director | 15 Jun 2006 | 20 Years 4 Months | As last reported |
| Kundan Ketan Haraniya | Director | 15 Jun 2006 | 20 Years 4 Months | As last reported |
Auditor Details of Vatsal Fabtex Limited
Vatsal Fabtex Limited is audited by A. B. JAIN & CO. for the financial year 2017.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| A. B. JAIN & CO. | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Vatsal Fabtex Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Vatsal Fabtex Limited
Vatsal Fabtex Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Vatsal Fabtex Limited
Employment history and EPFO contributions of people linked to Vatsal Fabtex.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Vatsal Fabtex Limited
Vatsal Fabtex Limited has 3 board changes on record since 2006: 3 appointments. The latest: Hasmukh Somchand Haraniya was appointed as Director on 15 Jun 2006.
Credit Ratings, Litigation & Regulatory Alerts for Vatsal Fabtex Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Vatsal Fabtex Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Vatsal Fabtex Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Vatsal Fabtex Limited
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Vatsal Fabtex Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Vatsal Fabtex Limited
Vatsal Fabtex has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Vatsal Fabtex was a public limited company based in Mumbai, Maharashtra, India. The company worked in other wholesale, within the trading industry. It was incorporated on 15 March 2000 and is registered under CIN U72200MH2000PLC124921. The company has been struck off by the Registrar of Companies and is no longer operational.
Vatsal Fabtex had 3 directors:
- Ketan Somchand Haraniya - Director
- Hasmukh Somchand Haraniya - Director
- Kundan Ketan Haraniya - Director
The CIN (Corporate Identification Number) of Vatsal Fabtex is U72200MH2000PLC124921. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Vatsal Fabtex is at Shree Nath Complex A F No 302 P K Extension Road Opp. Raja Industrial Estate Nahur Mulun, D W, Mumbai, Maharashtra, India – 400080.
Vatsal Fabtex was incorporated on 15 March 2000. It is registered with the Registrar of Companies, Mumbai.
Vatsal Fabtex reported revenue of ₹2.67 Lakh for FY 2017 (down 4% YoY).
Vatsal Fabtex has an authorised share capital of ₹30 Lakh and a paid-up capital of ₹30 Lakh.
Vatsal Fabtex reported a net loss of ₹2.42 Lakh (net margin -90.7%) and EBITDA of ₹2.5 Lakh (EBITDA margin 93.5%) for FY 2017, as per its filed financial statements.
Vatsal Fabtex operated in the trading industry, in the other wholesale segment. It worked in this industry before it was struck off.