Afcon International Private Limited
About Afcon International Private Limited
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Afcon International Private Limited is a private limited company based in New Delhi, Delhi, India. It operates in the textile retail and distribution segment of the home and lifestyle products sector. It was incorporated on 03 February 2003 and has been in existence for over 23 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U18102DL2003PTC118756. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹1.65 Cr. It was formerly known as Afcon Exim Private Limited. It is led by directors Atul Kumar Kakkar and Vandana Kakkar.
Its last annual general meeting (AGM) was held on 10 November 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office is at 107 Bharat Chambers 70 – 71 Scindia House, New Delhi, Delhi, India – 110001.
As per the financials filed for FY 2017, the company reported a revenue of ₹30,000, a decline of 97% compared to the previous year. For the same year it recorded a net loss of ₹2.85 Lakh and EBITDA of -₹54,449 (EBITDA margin -181.5%). Revenue has declined at a compounded annual rate (CAGR) of 62% over three years and 78% over five years.
As per MCA filings, the company has open charges of ₹21.34 Cr and satisfied charges of ₹20.8 Cr on record. Court records list 6 cases involving the company, including 6 filed against it.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
Contact details
Afcon International Private Limited's registered office is in New Delhi, Delhi. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address107 Bharat Chambers 70 – 71 Scindia House, New Delhi, Delhi, India – 110001
- IndustryHome & Lifestyle, Textile Retail & Distribution
To see the full contact details of Afcon International 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
Financials of Afcon International Private Limited
FY 2020 filings availableAfcon International Private Limited reported revenue of ₹30,000 (down 97% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 78% over five years, including a 97% fall 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 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | |||
| Other Income | |||
| Total Revenue | ₹30,000 | ||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | -₹54,449 | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹2.85 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
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | -181.5% | ||
| Net Profit Margin | |||
| 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 Afcon International Private Limited, buy the company report.
Board of directors of Afcon International Private Limited
Afcon International 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 |
|---|---|---|---|---|
| Atul Kumar Kakkar | Director | 03 Feb 2003 | 23 Years 9 Months | Current |
| Vandana Kakkar | Director | 03 Feb 2003 | 23 Years 9 Months | Current |
Auditor
Afcon International Private Limited is audited by AJAY K KAPOOR & CO for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| AJAY K KAPOOR & CO | FY 2017 | 013788N |
Shareholding
The shareholding of Afcon International Private Limited is on record for 3 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Afcon International Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Dec 2009 | 10194730 | State Bank of India | ₹18.74 Cr | Open | |
| 11 Aug 2009 | 10173186 | Punjab National Bank | ₹1.8 Cr | Open | |
| 27 Jun 2009 | 10163264 | S. E. Investments Limited | ₹80 Lakh | Open | |
| 30 Oct 2008 | 10132187 | Kanataka Bank Limited | ₹2.6 Cr | Satisfied | |
| 25 Mar 2008 | 10095797 | Karnataka Bank Limited | ₹6 Cr | Satisfied |
To see the full charge records of Afcon International Private Limited, buy the company report.
Total charge records: 8 View all charges
Legal cases
Afcon International Private Limited has 6 court cases on record: 6 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 6 | 6 | 0 |
Cases on record (5 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, East, Delhi | Criminal case | Filed against the company by S.E. Investments Ltd. | Disposed |
| District court, Central, Delhi | Civil suit | Filed against the company by Kotak Mahindra Prime Ltd. | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by Ms Religare Finvest Ltd | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by Religare Finvest Limited | Disposed |
| District court, South, Delhi | Arbitration matter | Filed against the company by Religare Finvest Ltd | Disposed |
To see the full case history of Afcon International 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 Afcon International Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Afcon International has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Afcon International Private Limited, buy the company report.
Recent activity
Afcon International Private Limited has 3 board changes on record since 2003: 2 appointments and 1 cessation. The latest: Vandana Kakkar ceased to be Director on 05 Sep 2021.
10 earlier events are in the company report.
Frequently asked questions
Afcon International is an active private limited company based in New Delhi, Delhi, India. The company works in textile retail and distribution, within the home and lifestyle industry. It was incorporated on 03 February 2003 (23+ years old) and is registered under CIN U18102DL2003PTC118756.
Afcon International has 2 current directors:
- Atul Kumar Kakkar - Director
- Vandana Kakkar - Director
The latest financial statements of Afcon International on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 10 November 2020. Year-wise statements from 2015 are in the company report.
No. Afcon International has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Afcon International is U18102DL2003PTC118756. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Afcon International has 6 court cases on record: 6 filed against it.
Afcon International was incorporated on 03 February 2003, making it 23+ years old. It is registered with the Registrar of Companies, Delhi.
Vandana Kakkar ceased to be Director on 05 Sep 2021. Atul Kumar Kakkar was appointed as Director on 03 Feb 2003. Vandana Kakkar was appointed as Director on 03 Feb 2003.
The registered office of Afcon International is at 107 Bharat Chambers 70 – 71 Scindia House, New Delhi, Delhi, India – 110001.
Afcon International operates in the home and lifestyle industry, in the textile retail and distribution segment.
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