Affluence Engineering and Enterprises Limited
About Affluence Engineering and Enterprises Limited
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Affluence Engineering and Enterprises Limited is a public limited company based in Hyderabad, Telangana, India. It operates in the metals retail and distribution segment of the metals and mining sector. It was incorporated on 16 February 2000 and has been in existence for over 26 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U27109TG2000PLC033585. The company has 3 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹4.25 Cr and a paid-up capital of ₹4.17 Cr. It was formerly known as Affluence Steel Enterprises Limited and Victoria Steel Enterprises Limited. It is led by directors including Jeelani Basha Shaik and Lakshman Mukka.
Its last annual general meeting (AGM) was held on 31 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office is at Plot No. 48 1st Floor Nagarjuna Hills Punjagutta, Hyderabad, Telangana, India – 500082.
As per the financials filed for FY 2020, the company reported a revenue of ₹123.16 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹24.27 Lakh (net margin -0.2%) and EBITDA of -₹20.19 Lakh (EBITDA margin -0.2%). Revenue has declined at a compounded annual rate (CAGR) of 41% over three years and 45% over five years.
As per MCA filings, the company has satisfied charges of ₹17 Cr on record. Court records list 7 cases involving the company, including 3 filed by the company and 4 filed against it. The company has 9 deals on record (6 secondary share transfers, 3 funding rounds), with disclosed funding of ₹54.61 Cr; the latest was in March 2015. Its 8 peer companies in the Metals and Minerals industry (Metal Retail and Distribution), with the same principal business activity (wholesale trading) are compared by revenue, 4 larger and 4 smaller; the largest is Super Galvanized Sheets Private Limited with revenue of ₹124.59 Cr.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Name history
Affluence Engineering and Enterprises has undergone 2 name changes throughout its history. The company was previously known as Affluence Steel Enterprises Limited, and Victoria Steel Enterprises Limited. The current legal name is Affluence Engineering And Enterprises Limited.
| Company Name | Status |
|---|---|
| Affluence Engineering and Enterprises Limited | Current |
| Affluence Steel Enterprises Limited | Previous |
| Victoria Steel Enterprises Limited | Previous |
CIN history
Affluence Engineering and Enterprises has one previous CIN (Corporate Identification Number): U27109AP2000PLC033585. The current CIN is U27109TG2000PLC033585, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U27109TG2000PLC033585 | Current |
| U27109AP2000PLC033585 | Previous |
Contact details
Affluence Engineering and Enterprises Limited's registered office is in Hyderabad, Telangana. Its e-mail address is in the company report.
- Email
- Registered AddressPlot No. 48 1st Floor Nagarjuna Hills Punjagutta, Hyderabad, Telangana, India – 500082
- IndustryMetals and Minerals, Metal Retail & Distribution
To see the full contact details of Affluence Engineering and 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 activity of Affluence Engineering and Enterprises is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Affluence Engineering and Enterprises Limited, buy the company report.
Financials of Affluence Engineering and Enterprises Limited
FY 2020 filings availableAffluence Engineering and Enterprises Limited reported revenue of ₹123.16 Cr (up 404% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue rose 404% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 45%. EBITDA fell 822% 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹123.16 Cr | ||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹20.19 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹24.27 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -0.2% | ||||
| Net Profit Margin | -0.2% | ||||
| 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 Affluence Engineering and Enterprises Limited, buy the company report.
Board of directors of Affluence Engineering and Enterprises Limited
Affluence Engineering and Enterprises has 3 current directors and 17 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jeelani Basha Shaik Also directs: RNJ Commodities Private Limited | Additional Director | 31 Mar 2017 | 9 Years 7 Months | Current |
| Lakshman Mukka Also directs: Indus Networks Limited, Pradhan Agri-Infra Services Private Limited, VS Ferrous Enterprises Private Limited and 4 more | Additional Director | 17 Aug 2020 | 6 Years 2 Months | Current |
| Yousuf Ansari Syed Also directs: Pradhan Agri-Infra Services Private Limited, Siva Sai Finance and Leasing Pvt. Ltd., Prime Infoinvest Limited and 5 more | Additional Director | 28 Nov 2025 | 0 Years 11 Months | Current |
Peer comparison
Affluence Engineering and Enterprises Limited is compared with the 8 companies closest to it by revenue in the Metals and Minerals industry (Metal Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Super Galvanized Sheets Private Limited | ₹124.59 Cr (FY 2025) | 41.0% | Indore, Madhya Pradesh, India | |||
| Steelco Ispat Private Limited | ₹124.35 Cr (FY 2025) | -44.0% | Bhilai, Chhattisgarh, India | |||
| Sanjar Steel Private Limited | ₹123.96 Cr (FY 2016) | Saki Naka Andheri East, Maharashtra, India | ||||
| A S Ferrum Private Limited | ₹123.38 Cr (FY 2025) | 45.0% | New Delhi, Delhi, India | |||
| Affluence Engineering and Enterprises Limitedthis company | ₹123.16 Cr (FY 2020) | -₹24.27 Lakh | -0.2% | 404.0% | Hyderabad, Telangana, India | |
| Kalyan Iron and Steel Private Limited | ₹122.76 Cr (FY 2025) | 42.0% | Indore, Madhya Pradesh, India | |||
| Vibrant Global Trading Private Limited | ₹122.57 Cr (FY 2025) | 148.0% | Mumbai, Maharashtra, India | |||
| Madhuvan Iron Private Limited | ₹122.17 Cr (FY 2025) | -16.0% | Ahmedabad, Gujarat, India | |||
| MV Super Alloys Private Limited | ₹121.86 Cr (FY 2025) | 35.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Affluence Engineering and Enterprises Limited, buy the company report.
Shareholding
The shareholding of Affluence Engineering and Enterprises Limited is on record for FY 2020, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2020 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Affluence Engineering and Enterprises Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 23 Nov 2015 | 10608225 | Lakshmi Vilas Bank Limited | ₹15 Cr | Satisfied | |
| 15 Apr 2005 | 90262671 | Allahabad Bank | ₹2 Cr | Satisfied |
To see the full charge records of Affluence Engineering and Enterprises Limited, buy the company report.
Total charge records: 2 View all charges
Deals & funding
Affluence Engineering and Enterprises Limited has 9 deals on record (6 secondary share transfers, 3 funding rounds), with disclosed funding of ₹54.61 Cr; the latest was in March 2015.
Deals on record (5 of 9)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2015 | Secondary share transfer | Undisclosed | Buyer: Ganga Industrial Corporation Limited Seller: 2 individuals |
| Mar 2014 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: Ganga Industrial Corporation Limited , 3 individuals |
| Mar 2013 | Secondary share transfer | Undisclosed | Buyer: 3 individuals Seller: Bhagyanagar Investments and Trading Private Limited , 3 individuals |
| Mar 2011 | Secondary share transfer | Undisclosed | Buyer: Ganga Industrial Corporation Limited , an individual Seller: Swain Finance and Trading Private Limited , G.B. Trading Investments Private Limited |
| Mar 2010 | Funding round | ₹24.6 Cr | Investors: nfotech Infin & Trading Private Limited, G.B. Trading Investments Private Limited, Prime Infoinvest Limited |
To see the full deal history of Affluence Engineering and 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
Affluence Engineering and Enterprises Limited has 7 court cases on record: 3 filed by Affluence Engineering and Enterprises, 4 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 3 | 1 | 0 |
| NCLT | 3 | 2 | 0 |
| District courts | 1 | 1 | 0 |
Cases on record (5 of 7)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLT, Hyderabad | Court case (Rst.A(IBC)) | Filed against the company by Foster Infin and Trading Private Limited | Disposed |
| NCLT, Hyderabad | Insolvency matter | Filed against the company by Foster Infin and Trading Private Limited | Disposed |
| NCLT, Hyderabad | Insolvency matter | Filed by the company against Cosmos Forgings Limited | Disposed |
| High Court, TELANGANA | Writ petition | Filed by the company against Union of India and 02 Others and 2 others | Disposed |
| High Court, TELANGANA | Revision petition | Filed against the company by DBS Bank Ltd. | Disposed |
To see the full case history of Affluence Engineering and 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
No delayed payments to MSME suppliers are on our record for Affluence Engineering and Enterprises Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Affluence Engineering and Enterprises has 3 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Affluence Engineering and Enterprises Limited, buy the company report.
Recent activity
Affluence Engineering and Enterprises Limited has 21 board changes on record since 2009: 4 appointments and 17 cessations. The latest: Yousuf Ansari Syed was appointed as Additional Director on 28 Nov 2025.
17 earlier events are in the company report.
Frequently asked questions
Affluence Engineering and Enterprises is an active public limited company based in Hyderabad, Telangana, India. The company works in metal retail and distribution, within the metals and minerals industry. It was incorporated on 16 February 2000 (26+ years old) and is registered under CIN U27109TG2000PLC033585.
Affluence Engineering and Enterprises has 3 current directors:
- Jeelani Basha Shaik - Additional Director
- Lakshman Mukka - Additional Director
- Yousuf Ansari Syed - Additional Director
The latest financial statements of Affluence Engineering and Enterprises on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 31 December 2020. Year-wise statements from 2015 are in the company report.
No. Affluence Engineering and Enterprises has 3 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of Affluence Engineering and Enterprises is U27109TG2000PLC033585. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Affluence Engineering and Enterprises has 7 court cases on record: 3 filed by the company and 4 filed against it. Most are in the high courts.
Affluence Engineering and Enterprises was incorporated on 16 February 2000, making it 26+ years old. It is registered with the Registrar of Companies, Hyderabad.
Affluence Engineering and Enterprises has 9 deals on record (6 secondary share transfers, 3 funding rounds), with disclosed funding of ₹54.61 Cr; the latest was in March 2015.
The peers of Affluence Engineering and Enterprises by revenue are Super Galvanized Sheets Private Limited, Steelco Ispat Private Limited, Sanjar Steel Private Limited, A S Ferrum Private Limited, Kalyan Iron and Steel Private Limited and 3 more, all in the Metals and Minerals industry (Metal Retail and Distribution), with the same principal business activity (wholesale trading).
Yousuf Ansari Syed was appointed as Additional Director on 28 Nov 2025. Dayanand Gattu ceased to be Director on 17 Aug 2020. Kaarugulla Raji Reddy was appointed as Additional Director on 17 Aug 2020. Affluence Engineering and Enterprises has 21 board changes on record in total.
The registered office of Affluence Engineering and Enterprises is at Plot No. 48 1st Floor Nagarjuna Hills Punjagutta, Hyderabad, Telangana, India – 500082.
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