A K Formaline (I) Private Limited
About A K Formaline (I) Private Limited
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A K Formaline (I) Private Limited is a private limited company based in Kutch, Gujarat, India. It operates in the industrial chemicals segment of the chemicals and materials sector. It was incorporated on 26 July 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U24110GJ2005PTC046497. Its GSTIN is 24AALCA9599A1ZF (Gujarat). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹3 Cr and a paid-up capital of ₹1.64 Cr. It was formerly known as A K Formalin (I) Private Limited. It is led by directors Shweta Aggarwal and Anilkumar Chamanprakash Agrwal.
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 Survey No 357/2C Nakichiraital Bachau Kutch, Gujarat, India – 370110.
As per the financials filed for FY 2024, the company reported a revenue of ₹21.69 Cr, a decline of 36% compared to the previous year. For the same year it recorded a net profit of ₹26.91 Lakh (net margin 1.2%) and EBITDA of ₹55.22 Lakh (EBITDA margin 2.5%). Revenue has declined at a compounded annual rate (CAGR) of 2% over three years and 8% over five years.
The company is associated with 1 brand: CPL Plywood. As per MCA filings, the company has open charges of ₹25 Lakh and satisfied charges of ₹3.4 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
A K Formaline (I) Private Limited's registered office is in Kutch, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressSurvey No 357/2C Nakichiraital Bachau Kutch, Gujarat, India – 370110
- IndustryChemicals and Materials, Industrial Chemicals
To see the full contact details of A K Formaline (I) Private 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
Brands
A K Formaline (I) operates one associated brand: CPL Plywood. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufactures marine plywood, block boards, and decorative laminates for commercial use. | cplplywood.com |
Business activity
The main business activity of A K Formaline (I) is manufacturing. In detail, this covers chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C6 | Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products |
To see the full business activity and turnover split of A K Formaline (I) Private Limited, buy the company report.
Financials of A K Formaline (I) Private Limited
FY 2024 filings availableA K Formaline (I) Private Limited reported revenue of ₹21.69 Cr (down 36% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 8% over five years, including a 36% fall in the latest year. EBITDA fell 30% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹55.22 Lakh | ||||
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| Tax Expense | |||||
| Net Profit (PAT) | ₹26.91 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 2.5% | ||||
| Net Profit Margin | 1.2% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of A K Formaline (I) Private Limited, buy the company report.
Board of directors of A K Formaline (I) Private Limited
A K Formaline (I) has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shweta Aggarwal Also directs: CPL Products Private Limited, Cee Pee Veneers Private Limited | Director | 31 Dec 2008 | 17 Years 10 Months | Current |
| Anilkumar Chamanprakash Agrwal Also directs: Keemstar Trading Limited | Director | 26 Jul 2005 | 21 Years 3 Months | Current |
Peer comparison
A K Formaline (I) Private Limited is compared with the 7 companies closest to it by revenue in the Chemicals industry (Industrial Chemicals), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Sanchi Chemicals Pvt Ltd. | ₹21.93 Cr (FY 2025) | 36.0% | Indore, Madhya Pradesh, India | |||
| Adifab Industries Private Limited | ₹21.91 Cr (FY 2024) | -26.0% | Panvel, Maharashtra, India | |||
| Leonid Chemicals Private Limited | ₹21.83 Cr (FY 2025) | 16.0% | Bangalore, Karnataka, India | |||
| Sandley Chem (India) Private Limited | ₹21.81 Cr (FY 2025) | 2.0% | Haryana, India | |||
| Altek Chemicals Private Limited | ₹21.73 Cr (FY 2025) | 25.0% | New Delhi, Delhi, India | |||
| A K Formaline (I) Private Limitedthis company | ₹21.69 Cr (FY 2024) | ₹26.91 Lakh | 1.2% | -36.0% | Kutch, Gujarat, India | |
| United Chloro-Paraffins Private Limited | ₹21.67 Cr (FY 2018) | -47.0% | Kolkata, West Bengal, India | |||
| LHP International Private Limited | ₹21.67 Cr (FY 2025) | 14.0% | Kolkata, West Bengal, India |
To see the full peer comparison of A K Formaline (I) Private Limited, buy the company report.
Auditor
A K Formaline (I) Private Limited is audited by LAHOTI & LAHOTI for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| LAHOTI & LAHOTI | FY 2023 | 112076W |
Shareholding
The shareholding of A K Formaline (I) Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of A K Formaline (I) Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 31 Jul 2013 | 10443357 | Hdfc Bank Limited | ₹25 Lakh | Open | |
| 19 Nov 2007 | 10087503 | Dena Bank | ₹1 Cr | Satisfied | |
| 05 Dec 2006 | 10028621 | Small Industries Development Bank of India | ₹1.2 Cr | Satisfied | |
| 27 Oct 2006 | 10028623 | Small Industries Development Bank of India | ₹1.2 Cr | Satisfied |
To see the full charge records of A K Formaline (I) Private Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
No court or tribunal cases involving A K Formaline (I) Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
A K Formaline (I) Private Limited has 2 MSME Form 1 returns on record for the period ending Mar 2019, listing 2 overdue payments to 1 micro and small supplier. 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 (1 of 1)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Yug International Private Limited |
To see the full MSME payment records of A K Formaline (I) Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
A K Formaline (I) has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AALCA9599A1ZF | Gujarat | Active | 20 Sep 2019 |
To see the full GST registrations and return filing status of A K Formaline (I) Private Limited, buy the company report.
Recent activity
A K Formaline (I) Private Limited has 3 board changes on record since 2005: 2 appointments and 1 cessation. The latest: Nidhi Shetty ceased to be Director on 31 Dec 2008.
1 earlier event is in the company report.
Frequently asked questions
A K Formaline (I) is an active private limited company based in Kutch, Gujarat, India. The company works in industrial chemicals, within the chemicals and materials industry. It was incorporated on 26 July 2005 (21+ years old) and is registered under CIN U24110GJ2005PTC046497.
A K Formaline (I) has 2 current directors:
- Shweta Aggarwal - Director
- Anilkumar Chamanprakash Agrwal - Director
The latest financial statements of A K Formaline (I) 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 A K Formaline (I) is 24AALCA9599A1ZF, registered in Gujarat. 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 A K Formaline (I) is U24110GJ2005PTC046497. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
A K Formaline (I) was incorporated on 26 July 2005, making it 21+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of A K Formaline (I) by revenue are Sanchi Chemicals Pvt Ltd, Adifab Industries Private Limited, Leonid Chemicals Private Limited, Sandley Chem (India) Private Limited, Altek Chemicals Private Limited and 2 more, all in the Chemicals industry (Industrial Chemicals), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products).
Nidhi Shetty ceased to be Director on 31 Dec 2008. Shweta Aggarwal was appointed as Director on 31 Dec 2008. Anilkumar Chamanprakash Agrwal was appointed as Director on 26 Jul 2005.
A K Formaline (I) has 2 MSME Form 1 returns on record for the period ending Mar 2019, listing 2 overdue payments to 1 micro and small supplier. The latest return was filed on 08 Jun 2019.
The registered office of A K Formaline (I) is at Survey No 3572C Nakichiraital Bachau Kutch, Gujarat, India – 370110.
A K Formaline (I) operates in the chemicals and materials industry, in the industrial chemicals segment.
A K Formaline (I) has open charges of ₹25 Lakh and satisfied charges of ₹3.4 Cr as per latest MCA filings.
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