About A F Enterprises Limited
Data last updated:
A F Enterprises Limited is a public limited company based in New Delhi, Delhi, India. The company is currently undergoing Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency professional. It operates in the brokerage and trading services segment of the financial services sector. It was incorporated on 18 August 1983.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN L18100DL1983PLC016354. Its GSTIN is 07AAACA0482D2Z7 (Delhi). The company holds 5 GST registrations, of which 2 are active. It is a listed company as per MCA records. Its shares are listed on BSE: 538351.
The company has an authorised share capital of ₹41 Cr and a paid-up capital of ₹35.28 Cr. It was formerly known as A.F. Investment Private Limited and A.F. Investment Limited. It is led by directors including Santosh Kumar Kushawaha (Managing Director) and Abhishek Singh (Whole-Time Director).
Its last annual general meeting (AGM) was held on 25 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 15/18 Basement B Portion, West Patel Nagar, New Delhi, Delhi, India – 110008.
As per the latest consolidated financials for FY 2023-24, the company reported a revenue of ₹8.5 Cr, a decline of 65% compared to the previous year. For the same year it recorded a net loss of ₹81 Lakh (net margin -9.5%) and EBITDA of -₹77 Lakh (EBITDA margin -9.1%). The net worth stands at ₹33.24 Cr (up 0.3% YoY). Total assets are valued at ₹40.97 Cr (up 2.2% YoY).
The company has about 8 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
Court records list 25 cases involving the company, including 9 filed by the company and 16 filed against it; 5 cases are pending. The company has 288 deals on record (285 market trades, 1 funding round, 1 acquisition), with disclosed funding of ₹1.44 Cr; the latest was in August 2026. The company has 7 MSME Form 1 returns on record between 2020 and 2024, listing 49 overdue payments to 8 micro and small suppliers.
The last known website on record is afenterprisesltd.com.
Company details
Name history
A F Enterprises has undergone 2 name changes throughout its history. The company was previously known as A.F. Investment Private Limited, and A.F. Investment Limited. The current legal name is A F Enterprises Limited.
| Company Name | Status |
|---|---|
| A F Enterprises Limited | Current |
| A.F. Investment Private Limited | Previous |
| A.F. Investment Limited | Previous |
CIN history
A F Enterprises has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is L18100DL1983PLC016354, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L18100DL1983PLC016354 | Current |
| U65993DL1983PLC016354 | Previous |
| L65993DL1983PLC016354 | Previous |
Contact details
A F Enterprises Limited's registered office is in New Delhi, Delhi. Its website is afenterprisesltd.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address15/18 Basement B Portion, West Patel Nagar, New Delhi, Delhi, India – 110008
- IndustryFinancial Services, Brokerage & Trading Services
To see the full contact details of A F Enterprises 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 A F Enterprises are manufacturing and trade. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products and wholesale trading. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C8 | Plastic products, non-metallic mineral products, rubber products, fabricated metal products | |
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of A F Enterprises Limited, buy the company report.
Financials of A F Enterprises Limited
FY 2023-24 filings availableA F Enterprises Limited reported revenue of ₹8.5 Cr (down 65% YoY) for FY 2023-24.
Financial Highlights
FY 2023-24 · ConsolidatedRevenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|
| Income statement | ||||
| Revenue | 8.50 | 24.29 | 48.58 | 37.70 |
| Revenue growth | -65.0% | -50.0% | +28.9% | - |
| EBITDA | (0.77) | (4.34) | 0.78 | 1.30 |
| EBITDA margin | -9.1% | -17.9% | +1.6% | +3.5% |
| Profit before tax | (0.07) | 0.89 | 1.65 | 1.61 |
| Net profit | (0.81) | (0.25) | 1.09 | (0.34) |
| Net profit margin | -9.5% | -1.0% | +2.2% | -0.9% |
| EPS (₹) | 0.13 | 0.26 | 0.84 | 1.12 |
| Balance sheet | ||||
| Total assets | 40.97 | 40.10 | 25.12 | 14.74 |
| Net worth | 33.24 | 33.13 | 18.50 | 10.75 |
| Total debt | 6.65 | 5.54 | 6.53 | 3.43 |
| Cash & bank | 0.75 | 0.59 | 1.17 | 1.83 |
| Net working capital | 31.64 | 30.29 | 15.47 | 5.01 |
| Cash flow | ||||
| Cash from operations | (0.03) | (15.34) | (9.19) | (3.10) |
| Cash from investing | (0.93) | 1.60 | (0.90) | (1.41) |
| Cash from financing | 1.11 | 13.16 | 9.43 | 6.21 |
| Particulars | Dec 2024 | Sep 2024 | Jun 2024 | Mar 2024 | Dec 2023 | Sep 2023 | Jun 2023 | Mar 2023 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 5.64 | 0.35 | 1.44 | 5.35 | 1.20 | 0.77 | 1.17 | 20.36 |
| Revenue growth (YoY) | +370.0% | -54.6% | +23.1% | -73.7% | +5.3% | - | - | - |
| Other income | 0.05 | 0.01 | 0.03 | 1.01 | 0.20 | 0.61 | 0.52 | (0.40) |
| EBITDA | 0.08 | (0.25) | (0.12) | 0.08 | (0.04) | (0.19) | (0.66) | (1.13) |
| EBITDA margin | +1.4% | -71.4% | -8.3% | +1.5% | -3.3% | -24.7% | -56.4% | -5.6% |
| Depreciation | 0.24 | 0.24 | 0.25 | 0.28 | 0.27 | 0.28 | 0.28 | 0.66 |
| Interest | 0.03 | 0.02 | 0.04 | 0.04 | 0.06 | 0.04 | 0.04 | 0.24 |
| Profit before tax | (0.14) | (0.50) | (0.38) | 0.77 | (0.17) | 0.10 | (0.46) | (2.43) |
| Tax | 0.00 | 0.00 | 0.00 | 0.44 | (0.01) | (0.19) | 0.00 | (0.50) |
| Net profit | (0.14) | (0.50) | (0.38) | 0.33 | (0.16) | 0.29 | (0.46) | (1.93) |
| EPS (₹) | (0.10) | (0.35) | (0.27) | 0.01 | (0.11) | 0.19 | (0.24) | (1.06) |
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 8.50 | 24.18 | 23.92 | 18.69 | 54.01 | 32.20 | 12.25 |
| Revenue growth | -64.9% | +1.1% | +28.0% | -65.4% | +67.7% | +162.9% | - |
| EBITDA | (0.68) | (3.46) | 0.68 | 0.89 | (1.03) | (0.21) | (3.23) |
| EBITDA margin | -8.0% | -14.3% | +2.8% | +4.8% | -1.9% | -0.7% | -26.4% |
| Profit before tax | 0.03 | 1.80 | 1.58 | 1.24 | 2.62 | 0.49 | (3.24) |
| Net profit | (0.74) | 0.28 | 1.04 | (0.70) | 1.69 | 0.52 | (2.41) |
| Net profit margin | -8.7% | +1.2% | +4.4% | -3.8% | +3.1% | +1.6% | -19.7% |
| EPS (₹) | 0.18 | 0.73 | 0.80 | 0.81 | 4.19 | 1.27 | 0.00 |
| Balance sheet | |||||||
| Total assets | 39.49 | 39.48 | 23.15 | 13.89 | 7.00 | 2.95 | 2.36 |
| Net worth | 33.98 | 33.74 | 18.44 | 10.74 | 3.90 | 2.23 | 1.72 |
| Total debt | 4.47 | 4.25 | 4.67 | 2.63 | 2.09 | 0.72 | 0.63 |
| Cash & bank | 0.74 | 0.58 | 1.10 | 1.82 | 0.01 | 0.30 | 0.02 |
| Net working capital | 31.16 | 30.68 | 14.28 | 4.98 | (2.84) | (0.94) | (1.30) |
| Cash flow | |||||||
| Cash from operations | 0.86 | (15.90) | (8.48) | (3.36) | 6.96 | 0.21 | 0.10 |
| Cash from investing | (0.93) | 1.60 | (0.88) | (1.38) | (8.50) | 0.03 | (0.14) |
| Cash from financing | 0.23 | 13.78 | 8.64 | 6.54 | 1.25 | 0.03 | (0.04) |
| Particulars | Dec 2024 | Sep 2024 | Jun 2024 | Mar 2024 | Dec 2023 | Sep 2023 | Jun 2023 | Mar 2023 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 5.64 | 0.35 | 1.44 | 5.35 | 1.20 | 0.77 | 1.17 | 20.36 |
| Revenue growth (YoY) | +370.0% | -54.6% | +23.1% | -73.7% | +15.4% | - | - | - |
| Other income | 0.05 | 0.01 | 0.03 | 0.67 | 0.20 | 0.61 | 0.52 | (0.45) |
| Total expenses | 5.56 | 0.59 | 1.56 | 5.19 | 1.24 | 0.96 | 1.83 | 21.45 |
| EBITDA | 0.08 | (0.24) | (0.12) | 0.16 | (0.04) | (0.19) | (0.66) | (1.09) |
| EBITDA margin | +1.4% | -68.6% | -8.3% | +3.0% | -3.3% | -24.7% | -56.4% | -5.4% |
| Depreciation | 0.24 | 0.24 | 0.25 | 0.28 | 0.27 | 0.28 | 0.28 | 0.64 |
| Interest | 0.03 | 0.02 | 0.04 | 0.04 | 0.04 | 0.04 | 0.04 | 0.17 |
| Profit before tax | (0.14) | (0.49) | (0.38) | 0.51 | (0.15) | 0.10 | (0.46) | (2.35) |
| Tax | 0.00 | 0.00 | 0.00 | 0.41 | (0.01) | (0.19) | 0.00 | 1.75 |
Financial Statements
| Particulars | Dec 2024 | Sep 2024 | Jun 2024 | Mar 2024 | Dec 2023 | Sep 2023 | Jun 2023 | Mar 2023 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 5.64 | 0.35 | 1.44 | 5.35 | 1.20 | 0.77 | 1.17 | 20.36 |
| Revenue growth (YoY) | +370.0% | -54.6% | +23.1% | -73.7% | +5.3% | - | - | - |
| Other income | 0.05 | 0.01 | 0.03 | 1.01 | 0.20 | 0.61 | 0.52 | (0.40) |
| EBITDA | 0.08 | (0.25) | (0.12) | 0.08 | (0.04) | (0.19) | (0.66) | (1.13) |
| EBITDA margin | +1.4% | -71.4% | -8.3% | +1.5% | -3.3% | -24.7% | -56.4% | -5.6% |
| Depreciation | 0.24 | 0.24 | 0.25 | 0.28 | 0.27 | 0.28 | 0.28 | 0.66 |
| Interest | 0.03 | 0.02 | 0.04 | 0.04 | 0.06 | 0.04 | 0.04 | 0.24 |
| Profit before tax | (0.14) | (0.50) | (0.38) | 0.77 | (0.17) | 0.10 | (0.46) | (2.43) |
| Tax | 0.00 | 0.00 | 0.00 | 0.44 | (0.01) | (0.19) | 0.00 | (0.50) |
| Net profit | (0.14) | (0.50) | (0.38) | 0.33 | (0.16) | 0.29 | (0.46) | (1.93) |
| EPS (₹) | (0.10) | (0.35) | (0.27) | 0.01 | (0.11) | 0.19 | (0.24) | (1.06) |
| Particulars | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|
| Revenue | 8.50 | 24.29 | 48.58 | 37.70 |
| Revenue growth | -65.0% | -50.0% | +28.9% | - |
| Other income | 2.01 | 6.74 | 2.43 | 2.06 |
| Total expenses | 9.27 | 28.63 | 47.80 | 36.40 |
| Employee cost | 0.32 | 0.95 | 1.04 | 0.83 |
| EBITDA | (0.77) | (4.34) | 0.78 | 1.30 |
| EBITDA margin | -9.1% | -17.9% | +1.6% | +3.5% |
| Depreciation | 1.11 | 1.25 | 1.39 | 1.65 |
| Interest | 0.20 | 0.26 | 0.17 | 0.10 |
| Profit before tax | (0.07) | 0.89 | 1.65 | 1.61 |
| Tax | (0.26) | 0.54 | 0.56 | 0.56 |
| Net profit | (0.81) | (0.25) | 1.09 | (0.34) |
| Net profit margin | -9.5% | -1.0% | +2.2% | -0.9% |
| EPS (₹) | 0.13 | 0.26 | 0.84 | 1.12 |
| Particulars | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|
| Equity & liabilities | ||||
| Share capital | 14.11 | 14.11 | 12.91 | 9.51 |
| Reserves & surplus | 19.13 | 6.39 | 5.05 | 1.24 |
| Shareholders' funds (net worth) | 33.24 | 33.13 | 18.50 | 10.75 |
| Minority interest | 0.09 | (0.07) | (0.03) | (0.03) |
| Secured loans | 0.11 | 0.07 | 0.09 | 0.10 |
| Unsecured loans | 6.54 | 5.47 | 6.44 | 3.33 |
| Total debt | 6.65 | 5.54 | 6.53 | 3.43 |
| Total liabilities | 40.97 | 40.10 | 25.12 | 14.74 |
| Assets | ||||
| Gross block | 13.16 | 12.87 | 10.35 | 10.68 |
| Net block | 6.13 | 6.96 | 5.69 | 7.17 |
| Capital work in progress | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 0.00 | 0.00 | 0.00 | 0.00 |
| Inventories | 1.53 | 1.58 | 3.98 | 1.00 |
| Sundry debtors | 118 | 130 | 113 | 107 |
| Cash & bank balances | 0.75 | 0.59 | 1.17 | 1.83 |
| Loans & advances | 5.41 | 10.83 | 16.12 | 6.07 |
| Total current assets | 125 | 143 | 134 | 116 |
| Total current liabilities | 93.62 | 112 | 118 | 111 |
| Net working capital | 31.64 | 30.29 | 15.47 | 5.01 |
| Total assets | 40.97 | 40.10 | 25.12 | 14.74 |
| Particulars | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|
| Opening cash | 0.59 | 1.17 | 1.83 | 0.13 |
| Net cash from operating activities | (0.03) | (15.34) | (9.19) | (3.10) |
| Net cash from investing activities | (0.93) | 1.60 | (0.90) | (1.41) |
| Net cash from financing activities | 1.11 | 13.16 | 9.43 | 6.21 |
| Net change in cash | 0.16 | (0.58) | (0.66) | 1.70 |
| Closing cash | 0.75 | 0.59 | 1.17 | 1.83 |
| Particulars | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|
| Growth | ||||
| Sales growth | -65.0% | -50.0% | +28.9% | - |
| EBITDA growth | +82.3% | -656.4% | -40.0% | - |
| PBT growth | - | -46.1% | +2.5% | +9997.0% |
| Net income growth | -224.0% | -122.9% | +420.6% | - |
| Revenue CAGR (3Y) | -39.1% | - | - | - |
| Profitability & leverage | ||||
| Net income margin | +2.2% | +1.4% | +2.2% | +2.8% |
| Return on capital employed | -2.2% | -0.5% | +9.1% | -1.6% |
| Return on net worth | -2.5% | -1.1% | +7.5% | -3.1% |
| Debt / equity | 0.18 | 0.23 | 0.34 | 0.32 |
| Long-term debt / equity | 0.18 | 0.23 | 0.34 | 0.01 |
| Interest cover | -10.64 | -4.65 | -27.87 | -28.57 |
| Efficiency & per share | ||||
| Fixed asset turnover | 0.65 | 2.09 | 4.62 | 3.53 |
| Inventory turnover | 5.47 | 8.74 | 19.51 | 37.70 |
| Debtors turnover | 0.07 | 0.20 | 0.44 | 0.35 |
| EPS (₹) | 0.13 | 0.26 | 0.84 | 1.12 |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 23.56 | 14.53 | 13.91 | 11.31 |
| Particulars | Dec 2024 | Sep 2024 | Jun 2024 | Mar 2024 | Dec 2023 | Sep 2023 | Jun 2023 | Mar 2023 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 5.64 | 0.35 | 1.44 | 5.35 | 1.20 | 0.77 | 1.17 | 20.36 |
| Revenue growth (YoY) | +370.0% | -54.6% | +23.1% | -73.7% | +15.4% | - | - | - |
| Other income | 0.05 | 0.01 | 0.03 | 0.67 | 0.20 | 0.61 | 0.52 | (0.45) |
| Total expenses | 5.56 | 0.59 | 1.56 | 5.19 | 1.24 | 0.96 | 1.83 | 21.45 |
| EBITDA | 0.08 | (0.24) | (0.12) | 0.16 | (0.04) | (0.19) | (0.66) | (1.09) |
| EBITDA margin | +1.4% | -68.6% | -8.3% | +3.0% | -3.3% | -24.7% | -56.4% | -5.4% |
| Depreciation | 0.24 | 0.24 | 0.25 | 0.28 | 0.27 | 0.28 | 0.28 | 0.64 |
| Interest | 0.03 | 0.02 | 0.04 | 0.04 | 0.04 | 0.04 | 0.04 | 0.17 |
| Profit before tax | (0.14) | (0.49) | (0.38) | 0.51 | (0.15) | 0.10 | (0.46) | (2.35) |
| Tax | 0.00 | 0.00 | 0.00 | 0.41 | (0.01) | (0.19) | 0.00 | 1.75 |
| Particulars | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|---|---|
| Revenue | 8.50 | 24.18 | 23.92 | 18.69 | 54.01 | 32.20 | 12.25 |
| Revenue growth | -64.9% | +1.1% | +28.0% | -65.4% | +67.7% | +162.9% | - |
| Other income | 2.00 | 6.68 | 2.41 | 2.06 | 5.42 | 0.87 | 0.08 |
| Total expenses | 9.18 | 27.64 | 23.24 | 17.80 | 55.04 | 32.41 | 15.48 |
| Employee cost | 0.26 | 0.59 | 0.54 | 0.43 | 0.56 | 0.09 | 0.12 |
| EBITDA | (0.68) | (3.46) | 0.68 | 0.89 | (1.03) | (0.21) | (3.23) |
| EBITDA margin | -8.0% | -14.3% | +2.8% | +4.8% | -1.9% | -0.7% | -26.4% |
| Depreciation | 1.10 | 1.23 | 1.36 | 1.62 | 1.65 | 0.08 | 0.07 |
| Interest | 0.19 | 0.19 | 0.15 | 0.09 | 0.12 | 0.09 | 0.02 |
| Profit before tax | 0.03 | 1.80 | 1.58 | 1.24 | 2.62 | 0.49 | (3.24) |
| Tax | (0.23) | 0.77 | 0.54 | 0.46 | 0.93 | (0.02) | (0.83) |
| Net profit | (0.74) | 0.28 | 1.04 | (0.70) | 1.69 | 0.52 | (2.41) |
| Net profit margin | -8.7% | +1.2% | +4.4% | -3.8% | +3.1% | +1.6% | -19.7% |
| EPS (₹) | 0.18 | 0.73 | 0.80 | 0.81 | 4.19 | 1.27 | 0.00 |
| Particulars | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 14.11 | 14.11 | 12.91 | 9.51 | 4.00 | 4.00 | 4.00 |
| Reserves & surplus | 19.87 | 7.00 | 4.99 | 1.23 | (0.10) | (1.77) | (2.28) |
| Shareholders' funds (net worth) | 33.98 | 33.74 | 18.44 | 10.74 | 3.90 | 2.23 | 1.72 |
| Secured loans | 0.11 | 0.09 | 0.09 | 0.14 | 0.16 | 0.20 | 0.10 |
| Unsecured loans | 4.36 | 4.16 | 4.58 | 2.49 | 1.93 | 0.52 | 0.53 |
| Total debt | 4.47 | 4.25 | 4.67 | 2.63 | 2.09 | 0.72 | 0.63 |
| Total liabilities | 39.49 | 39.48 | 23.15 | 13.89 | 7.00 | 2.95 | 2.36 |
| Assets | |||||||
| Gross block | 11.84 | 11.83 | 8.51 | 8.88 | 9.00 | 0.39 | 0.42 |
| Net block | 4.18 | 5.27 | 3.98 | 5.47 | 7.17 | 0.21 | 0.30 |
| Capital work in progress | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 1.23 | 0.95 | 0.95 | 0.95 | 0.00 | 0.00 | 0.00 |
| Inventories | 1.53 | 1.58 | 3.98 | 1.00 | 6.62 | 8.70 | 10.63 |
| Sundry debtors | 94.14 | 106 | 85.36 | 87.92 | 75.04 | 24.19 | 4.15 |
| Cash & bank balances | 0.74 | 0.58 | 1.10 | 1.82 | 0.01 | 0.30 | 0.02 |
| Loans & advances | 5.41 | 10.75 | 16.08 | 6.07 | 5.25 | 0.74 | 0.05 |
| Total current assets | 102 | 119 | 107 | 96.81 | 86.92 | 33.93 | 14.85 |
| Total current liabilities | 70.66 | 88.51 | 92.24 | 91.83 | 89.76 | 34.87 | 16.15 |
| Net working capital | 31.16 | 30.68 | 14.28 | 4.98 | (2.84) | (0.94) | (1.30) |
| Total assets | 39.49 | 39.48 | 23.15 | 13.89 | 7.00 | 2.95 | 2.36 |
| Particulars | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|---|---|
| Opening cash | 0.58 | 1.10 | 1.82 | 0.01 | 0.30 | 0.02 | 0.10 |
| Net cash from operating activities | 0.86 | (15.90) | (8.48) | (3.36) | 6.96 | 0.21 | 0.10 |
| Net cash from investing activities | (0.93) | 1.60 | (0.88) | (1.38) | (8.50) | 0.03 | (0.14) |
| Net cash from financing activities | 0.23 | 13.78 | 8.64 | 6.54 | 1.25 | 0.03 | (0.04) |
| Net change in cash | 0.16 | (0.53) | (0.72) | 1.81 | (0.29) | 0.28 | (0.08) |
| Closing cash | 0.74 | 0.58 | 1.10 | 1.82 | 0.01 | 0.30 | 0.02 |
| Particulars | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | -64.9% | +1.1% | +28.0% | -65.4% | +67.7% | +162.9% | - |
| EBITDA growth | +80.4% | -608.8% | -23.6% | +186.4% | -390.5% | +93.5% | - |
| PBT growth | -98.3% | +13.9% | +27.4% | -52.7% | +434.7% | +9998.0% | - |
| Net income growth | -364.3% | -73.1% | +248.6% | -141.4% | +225.0% | +121.6% | - |
| Revenue CAGR (3Y) | -23.1% | -23.5% | -9.4% | +15.1% | +107.2% | +20.9% | +5.0% |
| EBITDA CAGR (3Y) | - | +49.8% | - | - | - | - | - |
| Profitability & leverage | |||||||
| Net income margin | +3.1% | +4.3% | +4.4% | +4.2% | +3.1% | +1.6% | -19.7% |
| Return on capital employed | -2.0% | +2.2% | +9.4% | -5.9% | +46.1% | +16.4% | 0.0% |
| Return on net worth | -2.2% | +1.1% | +7.1% | -9.6% | +41.8% | +17.8% | 0.0% |
| Debt / equity | 0.13 | 0.17 | 0.25 | 0.32 | 0.46 | 0.34 | 0.15 |
| Long-term debt / equity | 0.13 | 0.17 | 0.25 | 0.18 | 0.04 | 0.18 | 0.12 |
| Interest cover | -10.67 | -4.05 | -22.06 | -12.33 | -4.48 | -31.03 | -0.61 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 0.72 | 2.38 | 2.75 | 2.09 | 11.50 | 79.51 | 36.03 |
| Inventory turnover | 5.47 | 8.70 | 9.61 | 4.91 | 7.05 | 3.33 | 1.71 |
| Debtors turnover | 0.08 | 0.25 | 0.28 | 0.23 | 1.09 | 2.27 | 2.86 |
| EPS (₹) | 0.18 | 0.73 | 0.80 | 0.81 | 4.19 | 1.27 | 0.00 |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 24.08 | 14.96 | 13.87 | 11.30 | 9.76 | 5.58 | 4.31 |
To see the full year-wise statements and ratios of A F Enterprises Limited, buy the company report.
Board of directors of A F Enterprises Limited
A F Enterprises has 5 current directors and 33 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Santosh Kumar Kushawaha Also directs: SNP Infosolutions Limited Liability Partnership, Kairosoft AI Solutions Limited, Kyra Landscapes Limited and 2 more | Managing Director | 30 May 2019 | 7 Years 5 Months | As last reported |
| Abhishek Singh Also directs: Hrihana Homes Private Limited | Whole-Time Director | 04 Sep 2015 | 11 Years 2 Months | As last reported |
| Tinku Kathuria Also directs: Worldwide Manpower Solutions Private Limited | Director | 14 Feb 2020 | 6 Years 8 Months | As last reported |
| Geetika Garg Also directs: Mardia Samyoung Capillary Tubes Company Limited, Alka Securities Ltd, Goalpost Industries Limited and 1 more | Director | 29 Aug 2024 | 2 Years 2 Months | As last reported |
| Manishkumar Prafulbhai Mehta | Director | 03 Sep 2023 | 3 Years 2 Months | As last reported |
Auditor
A F Enterprises Limited is audited by S. Agarwal & Co. for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S. Agarwal & Co. | FY 2024 | 000808N |
Shareholding
Shareholding for the quarter ended Mar 2026: promoters hold 2.30%, foreign institutional investors hold 0.00%, domestic institutional investors hold 0.00% and retail and other public shareholders hold 97.70%.
| Mar 2026 | Dec 2025 | Sep 2025 | |
|---|---|---|---|
| Promoters | 2.30% | 2.30% | 2.30% |
| Public | 97.70% | 97.70% | 97.70% |
Deals & funding
A F Enterprises Limited has 288 deals on record (285 market trades, 1 funding round, 1 acquisition), with disclosed funding of ₹1.44 Cr; the latest was in August 2026.
Deals on record (5 of 288)
| When | Deal | Amount | Parties |
|---|---|---|---|
| May 2026 | Market trade | ₹6.1 Lakh | Seller: Hrihana Homes Private Limited |
| Apr 2026 | Market trade | ₹8.9 Lakh | Seller: Hrihana Homes Private Limited |
| Apr 2026 | Market trade | ₹5.7 Lakh | Seller: Hrihana Homes Private Limited |
| Mar 2025 | Market trade | ₹13.5 Lakh | Buyer: Pankaj Kumar Goyal Huf Seller: Gilani Infra Private Limited |
| Mar 2025 | Market trade | ₹23 Lakh | Buyer: 2 individuals Seller: Pace Stock Broking Services Private Limited, Gilani Infra Private Limited |
To see the full deal history of A F Enterprises Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
A F Enterprises Limited has 25 court cases on record: 9 filed by A F Enterprises, 16 filed against it. 5 cases are pending and 20 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 14 | 11 | 2 |
| High courts | 9 | 4 | 3 |
| Supreme Court | 1 | 0 | 0 |
| NCLAT | 1 | 1 | 0 |
Cases on record (5 of 25)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Faridabad, Haryana | Execution petition | Filed against the company by Alfa Corpuscles Pvt Ltd | Pending |
| District court, North, Delhi | Execution petition | Filed against the company by Alfa Corpuscles Pvt Ltd | Disposed |
| Supreme Court | Court case (4202-MATTERS RELATING TO LEASES, GOVT. CONTRACTS & CONTRACTS BY LOCAL BODIES : Tenders invited or contracts awarded/leases granted or determined by public sector undertaking) | Filed by the company against Odisha Agro Industries Corporation Ltd. Through Its Managing Director Office at 95 Satya Nagar, Bhubaneswar ,Khordha * , Orissa and 1 other | Disposed |
| District court, North, Delhi | Court case (CS (COMM.)) | Filed against the company by Alfa Corpuscles Pvt Ltd | Disposed |
| District court, New Delhi, Delhi | Civil suit | Filed against the company by Sun Aviation Private Limited | Disposed |
To see the full case history of A F Enterprises 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
A F Enterprises Limited has 7 MSME Form 1 returns on record between 2020 and 2024, listing 49 overdue payments to 8 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 8)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Skyline Financial Services Private Limited | |||
| Kleenoil Filtration India Private Limited | |||
| Gulati Agencies Private Limited | |||
| Plastek Innovations Private Limited | |||
| an individual supplier |
To see the full MSME payment records of A F Enterprises Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
A F Enterprises has 1 subsidiary company. This group structure data is as of FY 2024. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Aunik IT Solutions Private Limited | U72100DL2010PTC200384 |
To see the full group structure of A F Enterprises Limited, buy the company report.
GST
A F Enterprises has 5 GST registrations: 2 active and 3 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AAACA0482D2Z7 | Delhi | Active | 01 Jul 2017 |
| 06AAACA0482D1ZA | Haryana | Active | 25 Apr 2019 |
To see the full GST registrations and return filing status of A F Enterprises Limited, buy the company report.
Recent activity
A F Enterprises Limited has 65 board changes on record since 1993: 35 appointments and 30 cessations. The latest: Preeti ceased to be Director on 30 Aug 2024.
56 earlier events are in the company report.
Frequently asked questions
A F Enterprises is undergoing "Corporate Insolvency Resolution Process" (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency resolution professional. The company may not be able to independently enter into new commitments during this period. This is a high-risk status - verify the resolution status before any engagement.
A F Enterprises is a company under insolvency, formerly operating as a public limited company based in New Delhi, Delhi, India. The company works in brokerage and trading services, within the financial services industry. It was incorporated on 18 August 1983 and is registered under CIN L18100DL1983PLC016354. Listed on BSE: 538351. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
A F Enterprises reported revenue of ₹8.5 Cr for FY 2023-24 (down 65% YoY) based on consolidated financials.
A F Enterprises has 5 current directors:
- Santosh Kumar Kushawaha - Managing Director
- Abhishek Singh - Whole-Time Director
- Tinku Kathuria - Director
- Geetika Garg - Director
- Manishkumar Prafulbhai Mehta - Director
The latest financial statements of A F Enterprises on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 25 September 2024. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of A F Enterprises is L18100DL1983PLC016354. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. A F Enterprises is a listed company as per MCA records. Its shares are listed on BSE (code: 538351).
A F Enterprises has 25 court cases on record: 9 filed by the company and 16 filed against it. 5 are pending. Most are in the district courts.
A F Enterprises was incorporated on 18 August 1983. It is registered with the Registrar of Companies, Delhi.
A F Enterprises has 288 deals on record (285 market trades, 1 funding round, 1 acquisition), with disclosed funding of ₹1.44 Cr; the latest was in August 2026.
Preeti ceased to be Director on 30 Aug 2024. Geetika Garg was appointed as Director on 29 Aug 2024. Manishkumar Prafulbhai Mehta was appointed as Director on 03 Sep 2023. A F Enterprises has 65 board changes on record in total.
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