About Ador Fontech Limited
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Ador Fontech Limited was a public limited company based in Karnataka, 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 industrial tools and components segment of the machinery and industrial equipment sector. It was incorporated on 22 August 1974.
The company was registered with the Registrar of Companies (ROC), Bangalore, under CIN L31909KA1974PLC020010. Its GSTIN is 29AABCA1724H1ZY (Karnataka). The company held 5 GST registrations, of which 2 are active. It is recorded as listed by MCA, but its shares were delisted from BSE on 28 Jan 2025 · merger, and no longer trade on a stock exchange.
The company had an authorised share capital of ₹10 Cr and a paid-up capital of ₹7 Cr. It was formerly known as Cosmics Fontech Limited. It was led by directors including Harish Phatandas Ledwani (Managing Director) and Ninotchka Malkani Nagpal.
Its last annual general meeting (AGM) was held on 11 August 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office was at Belview 7 Haudin Roadbangalore – 42, Karnataka, India.
As per the financials filed for FY 2024, the company reported a revenue of ₹217.41 Cr. For the same year it recorded a net profit of ₹17.56 Cr (net margin 8.1%). Revenue has grown at a compounded annual rate (CAGR) of 13% over three years and 3% over five years.
The company had about 183 employees on its provident fund (EPFO) records before it was dissolved. Its group structure included 1 subsidiary.
The company was associated with 1 brand: Ador Fontech. As per MCA filings, the company had open charges of ₹7.12 Cr and satisfied charges of ₹7.25 Cr on record. Court records list 35 cases involving the company, including 20 filed by the company and 15 filed against it; 2 cases are pending. The company has 21 deals on record (15 market trades, 4 funding rounds, 2 secondary share transfers), with disclosed funding of ₹15.28 Cr; the latest was in June 2024. Its 5 peer companies in the Machinery and Equipment industry (Tools and Components), with the same principal business activity (metal and metal products) are compared by revenue, 2 larger and 3 smaller; the largest is Ibcc Industries (India) Private Limited with revenue of ₹227.21 Cr.
The last known website on record is www2.adorfon.com.
Company details
CIN history
Ador Fontech has one previous CIN (Corporate Identification Number): L31909KA1974PTC020010. The current CIN is L31909KA1974PLC020010, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L31909KA1974PLC020010 | Current |
| L31909KA1974PTC020010 | Previous |
Contact details
Ador Fontech Limited's registered office is in Karnataka. Its website is www2.adorfon.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressBelview 7 Haudin Roadbangalore – 42, Karnataka, India
- IndustryMachinery and Equipment, Industrial Tools & Components
To see the full contact details of Ador Fontech 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
Ador Fontech operates one associated brand: Ador Fontech. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Welding alloys and equipment | adorfon.com |
Business activity
The main business activities of Ador Fontech are manufacturing and support service to organizations. In detail, this covers metal and metal products, repair & installation of machinery & equipment, motor vehicles and other support services to organizations. 3 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products | |
| C | Manufacturing | C12 | Repair & installation of machinery & equipment, motor vehicles | |
| N | Support service to Organizations | N7 | Other support services to organizations |
To see the full business activity and turnover split of Ador Fontech Limited, buy the company report.
Financials of Ador Fontech Limited
FY 2023 filings availableAdor Fontech Limited reported revenue of ₹217.41 Cr for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 3% over five years. 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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| Net Profit (PAT) | ₹17.56 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | |||||
| Net Profit Margin | 8.1% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Receivable Days | |||||
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| Net Profit Growth | |||||
To see the full financial statements and ratios of Ador Fontech Limited, buy the company report.
Board of directors of Ador Fontech Limited
Ador Fontech has 6 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
Peer comparison
Ador Fontech Limited is compared with the 5 companies closest to it by revenue in the Machinery and Equipment industry (Tools and Components), with the same principal business activity (metal and metal products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Ibcc Industries (India) Private Limited | ₹227.21 Cr (FY 2025) | 16.0% | Bavla, Gujarat, India | |||
| Singla Forging Private Limited | ₹226.26 Cr (FY 2025) | 8.0% | Rohtak, Haryana, India | |||
| Ador Fontech Limitedthis company | ₹217.41 Cr (FY 2024) | ₹17.56 Cr | 8.1% | 183 | Karnataka, India | |
| Nexo Industries Private Limited | ₹217.06 Cr (FY 2025) | 5.0% | Ludhiana, Punjab, India | |||
| Forbes & Company Limited | ₹215.57 Cr (FY 2025) | 46.0% | Mumbai, Maharashtra, India | |||
| Maiden Forgings Limited | ₹213.57 Cr (FY 2025) | -10.0% | Delhi, India |
To see the full peer comparison of Ador Fontech Limited, buy the company report.
Auditor
Ador Fontech Limited is audited by PRAVEEN & MADAN for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PRAVEEN & MADAN | FY 2023 | 011350S |
Shareholding
The shareholding of Ador Fontech 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 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Ador Fontech Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 Jan 2000 | 90197684 | The Bank of Novascotia | ₹2 Cr | Satisfied | |
| 12 Aug 1995 | 90196892 | Icici Bank Limited | ₹5.25 Cr | Satisfied |
To see the full charge records of Ador Fontech Limited, buy the company report.
Total charge records: 2 View all charges
Deals & funding
Ador Fontech Limited has 21 deals on record (15 market trades, 4 funding rounds, 2 secondary share transfers), with disclosed funding of ₹15.28 Cr; the latest was in June 2024.
Deals on record (5 of 21)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jun 2024 | Market trade | ₹4.37 Cr | Buyer: an individual |
| Aug 2021 | Market trade | ₹2.85 Cr | Seller: Malabar Investments |
| Sep 2016 | Market trade | ₹1.61 Cr | Buyer: Smitsagar Tracon Pvt Ltd Seller: Smitsagar Tracon Pvt Ltd |
| Nov 2005 | Market trade | ₹53.4 Lakh | Buyer: Shalimar Pellet Feeds Limited. |
| Aug 2005 | Market trade | ₹29.3 Lakh | Seller: Mindset Securities Private Limited |
To see the full deal history of Ador Fontech 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
Ador Fontech Limited has 35 court cases on record: 20 filed by Ador Fontech, 15 filed against it. 2 cases are pending and 33 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 17 | 7 | 0 |
| District courts | 15 | 8 | 2 |
| NCLT | 3 | 0 | 0 |
Cases on record (5 of 35)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Nagpur, Maharashtra | Civil suit | Filed against the company by Diffusion Engineers Ltd. | Disposed |
| District court, Central, Delhi | Civil suit | Filed against the company by State | Pending |
| District court, Mah State Cooperative Appellat, Maharashtra | Court case (D and I) | Filed against the company by Nahar and Seth Industrial Premises Co-Op Society Ltd. | Pending |
| NCLT, Mumbai | Petition | Filed by the company | Disposed |
| NCLT, Mumbai | Court case (C.P.(CAA)) | Filed by the company | Disposed |
To see the full case history of Ador Fontech 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 Ador Fontech Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Ador Fontech has 1 subsidiary company. This group structure data is as of FY 2022. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| 3D Future Technologies Private Limited | U74999MH2015PTC261114 |
To see the full group structure of Ador Fontech Limited, buy the company report.
Employees & EPFO
Ador Fontech Limited has a workforce of 183 employees on its EPFO records as of Mar 23, 2024, across 2 active EPFO establishments.
GST
Ador Fontech has 5 GST registrations: 2 active and 3 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AABCA1724H1ZY | Karnataka | Active | 01 Jul 2017 |
| 27AABCA1724H1Z2 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Ador Fontech Limited, buy the company report.
Recent activity
Ador Fontech Limited has 20 board changes on record since 1998: 13 appointments and 7 cessations. The latest: Rafique Abdul Malik was appointed as Director on 30 Jan 2015.
17 earlier events are in the company report.
Frequently asked questions
Ador Fontech 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.
Ador Fontech was a public limited company based in Karnataka, India. The company worked in industrial tools and components, within the machinery and equipment industry. It was incorporated on 22 August 1974 and is registered under CIN L31909KA1974PLC020010. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Ador Fontech was incorporated on 22 August 1974. It is registered with the Registrar of Companies, Bangalore.
Ador Fontech had 6 directors:
- Harish Phatandas Ledwani - Managing Director
- Ninotchka Malkani Nagpal - Director
- Navroze Shiamak Marshall - Director
- Santosh Janakiram Iyer - Director
- Rafique Abdul Malik - Director
- Aditya Tarachand Malkani - Director
The CIN (Corporate Identification Number) of Ador Fontech is L31909KA1974PLC020010. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ador Fontech is recorded as a listed company by MCA, but its shares were delisted from BSE on 28 Jan 2025 · merger, and no longer trade on a stock exchange.
The registered office of Ador Fontech is at Belview 7 Haudin Roadbangalore – 42, Karnataka, India.
Ador Fontech can be reached through the website www2.adorfon.com. Its registered office is in Karnataka, India.
The latest financial statements of Ador Fontech on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 11 August 2023. Year-wise statements from 2015 are in the company report.
The GSTIN of Ador Fontech is 29AABCA1724H1ZY, registered in Karnataka. The company has 5 GST registrations in all, of which 2 are active and 3 are cancelled or inactive. Other active GSTINs include 27AABCA1724H1Z2 (Maharashtra).
Ador Fontech operated in the machinery and equipment industry, in the industrial tools and components segment.
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