About Absotherm Facility Management Private Limited
Data last updated:
Absotherm Facility Management Private Limited was a private limited company based in Thane, Maharashtra, India. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the facility management segment of the business services sector. It was incorporated on 13 January 2010.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U74900MH2010PTC198873. Its GSTIN is 09AAICA2166J1ZI (Uttar Pradesh). The company held 10 GST registrations, of which 1 is active.
The company had an authorised share capital of ₹8 Cr and a paid-up capital of ₹1.97 Cr. It was led by directors including Pradip Kumar Padmasan Menon and Srikanth Kumar Swami.
Its last annual general meeting (AGM) was held on 16 July 2015, and its latest financial statements are for the year ended 31 March 2015. The registered office was at 1st Floor Mbc Compound Plot No. 143/A Opp. Cine Wonder Ghodbunder Road, Thane, Maharashtra, India – 400607.
As per the financials filed for FY 2015, the company reported a revenue of ₹163.06 Cr, a growth of 34% compared to the previous year. For the same year it recorded a net profit of ₹4.28 Cr (net margin 2.6%) and EBITDA of ₹9.86 Cr (EBITDA margin 6%). Revenue has grown at a compounded annual rate (CAGR) of 30% over three years.
The company had about 1,471 employees on its provident fund (EPFO) records before it was dissolved.
The company was associated with 1 brand: Absotherm Facility Management. Court records list 17 cases involving the company, including 5 filed by the company and 12 filed against it; 2 cases are pending. The company has 1 deal on record (1 acquisition); the latest was in March 2012.
The last known website on record is absotherm.com.
Company details
Contact details
Absotherm Facility Management Private Limited's registered office is in Thane, Maharashtra. Its website is absotherm.com. Its e-mail address is in the company report.
- Email
- Website
- Registered Address1st Floor Mbc Compound Plot No. 143/A Opp. Cine Wonder Ghodbunder Road, Thane, Maharashtra, India – 400607
- IndustryBusiness Services, Facility Management
To see the full contact details of Absotherm Facility Management 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
Absotherm Facility Management operates one associated brand: Absotherm Facility Management. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Commercial cleaning and security services are provided for facilities. | absotherm.com |
Financials of Absotherm Facility Management Private Limited
FY 2015 filings availableAbsotherm Facility Management Private Limited reported revenue of ₹163.06 Cr (up 34% YoY) for FY 2015.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 30% over three years, including 34% growth in the latest year. EBITDA rose 53% 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 2014-15 |
|---|---|
| Profit and Loss Statement | |
| Revenue from Operations | |
| Other Income | |
| Total Revenue | ₹163.06 Cr |
| Cost of Materials Consumed | |
| Employee Benefit Expense | |
| Finance Costs | |
| Depreciation and Amortisation | |
| Other Expenses | |
| Total Expenses | |
| EBITDA | ₹9.86 Cr |
| Profit Before Tax | |
| Tax Expense | |
| Net Profit (PAT) | ₹4.28 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 2014-15 |
|---|---|
| Profitability | |
| EBITDA Margin | 6% |
| Net Profit Margin | 2.6% |
| 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 Absotherm Facility Management Private Limited, buy the company report.
Board of directors of Absotherm Facility Management Private Limited
Absotherm Facility Management has 4 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pradip Kumar Padmasan Menon Also directs: Pamps Exim Private Limited, Fresh-O-Green Farm Private Limited, Fresh-O-Green Exim Private Limited and 5 more | Director | 13 Jan 2010 | 16 Years 9 Months | As last reported |
| Anand Kumar Jajoo Also directs: Ocs Group (India) Private Limited | Additional Director | 09 Nov 2016 | 9 Years 11 Months | As last reported |
| Srikanth Kumar Swami Also directs: Saikshana Services Private Limited, Tsspc Private Limited | Director | 25 Sep 2013 | 13 Years 1 Months | As last reported |
| Heather Mary Suksem | Director | 13 Jun 2012 | 14 Years 4 Months | As last reported |
Auditor
Absotherm Facility Management Private Limited is audited by Y. S. Prasade & Co. for the financial year 2015.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Y. S. Prasade & Co. | FY 2015 |
Shareholding
The shareholding of Absotherm Facility Management Private Limited is on record for FY 2015, split between promoters, domestic institutions and public shareholders.
| Shareholder category | FY 2015 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public |
To see the full shareholding pattern of Absotherm Facility Management Private Limited, buy the company report.
Deals & funding
Absotherm Facility Management Private Limited has 1 deal on record (1 acquisition); the latest was in March 2012.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2012 | Acquisition | ₹125.33 Cr | Buyer: OCS Group UK Ltd. |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Absotherm Facility Management Private Limited has 17 court cases on record: 5 filed by Absotherm Facility Management, 12 filed against it. 2 cases are pending and 15 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 11 | 11 | 1 |
| High courts | 6 | 1 | 1 |
Cases on record (5 of 17)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Nagpur, Maharashtra | Civil suit | Filed against the company by M/S Lords Wear Pvt. Ltd. | Disposed |
| High Court of Delhi | Arbitration matter | Filed by the company against M/S Pacific Development Corporation Ltd and Others | Disposed |
| Bombay High Court | Company petition | Filed by the company against M/S. Knight Frank India Pvt. Ltd. Cin -U74140mh1995ptc093179 | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Police Cases PS) | Filed against the company by an individual | Pending |
| Bombay High Court | Court case (OLR) | Filed against the company by The Official Liquidator High Court Bombay | Pending |
To see the full case history of Absotherm Facility Management Private 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 Absotherm Facility Management Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Absotherm Facility Management Private Limited has a workforce of 1,471 employees on its EPFO records as of Apr 08, 2024, across 3 active EPFO establishments.
GST
Absotherm Facility Management has 10 GST registrations: 1 active and 9 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 09AAICA2166J1ZI | Uttar Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Absotherm Facility Management Private Limited, buy the company report.
Recent activity
Absotherm Facility Management Private Limited has 14 board changes on record since 2010: 4 appointments and 10 cessations. The latest: Anand Kumar Jajoo was appointed as Additional Director on 09 Nov 2016.
5 earlier events are in the company report.
Frequently asked questions
Absotherm Facility Management has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Absotherm Facility Management was a private limited company based in Thane, Maharashtra, India. The company worked in facility management, within the business services industry. It was incorporated on 13 January 2010 and is registered under CIN U74900MH2010PTC198873. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Absotherm Facility Management was incorporated on 13 January 2010. It is registered with the Registrar of Companies, Mumbai.
Absotherm Facility Management had 4 directors:
- Pradip Kumar Padmasan Menon - Director
- Anand Kumar Jajoo - Additional Director
- Srikanth Kumar Swami - Director
- Heather Mary Suksem - Director
The CIN (Corporate Identification Number) of Absotherm Facility Management is U74900MH2010PTC198873. 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 Absotherm Facility Management is at 1st Floor Mbc Compound Plot No. 143A Opp. Cine Wonder Ghodbunder Road, Thane, Maharashtra, India – 400607.
Absotherm Facility Management can be reached through the website absotherm.com. Its registered office is in Thane, Maharashtra, India.
The latest financial statements of Absotherm Facility Management on record with the MCA are for the year ended 31 March 2015. Its last annual general meeting was held on 16 July 2015. Year-wise statements from 2015 are in the company report.
The GSTIN of Absotherm Facility Management is 09AAICA2166J1ZI, registered in Uttar Pradesh. The company has 10 GST registrations in all, of which 1 is active and 9 are cancelled or inactive.
Absotherm Facility Management operated in the business services industry, in the facility management segment.