Altair Partition Systems LLP
About Altair Partition Systems LLP
Data last updated:
Altair Partition Systems LLP is a limited liability partnership (LLP) based in Mumbai, Maharashtra, India. It operates in the metal fabrication segment of the fabrication and metalwork sector. It was incorporated on 27 June 2016 and has been in existence for over 10 years.
The LLP is registered with the Registrar of Companies (ROC), Mumbai, under LLPIN AAG-7819.
The LLP has a total obligation of contribution of ₹5 Cr. It is led by designated partners Ausaf Ahmed Usmani and Namita Bankhele Abhijit.
Its latest statement of accounts is for the year ended 31 March 2024. The registered office is at 615 Janki Centre Off. Veera Desai Road Andheri West, Mumbai, Maharashtra, India – 400053.
As per the financials filed for FY 2023, the LLP reported a revenue of ₹11.08 Cr, a growth of 58% compared to the previous year. For the same year it recorded a net profit of ₹26.36 Lakh (net margin 2.4%) and EBITDA of -₹7.44 Lakh (EBITDA margin -0.7%). Revenue has grown at a compounded annual rate (CAGR) of 33% over three years and 94% over five years.
As per MCA filings, the LLP has open charges of ₹1 Cr on record.
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered Address615 Janki Centre Off. Veera Desai Road Andheri West, Mumbai, Maharashtra, India – 400053
- IndustryFabrication, Metal Fabricated Products, Manufacturing
- 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
- One PDF report, delivered after checkout
Financials of Altair Partition Systems LLP FY 2024 filings available
Altair Partition Systems LLP reported revenue of ₹11.08 Cr (up 58% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR) of Altair Partition Systems LLP
Revenue has grown at a compounded annual rate (CAGR) of 94% over five years, including 58% growth 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 of Altair Partition Systems LLP
| Statement of Account and Solvency | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Income and Expenditure | |||||
| Turnover | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Income | •••• | •••• | •••• | •••• | •••• |
| Purchases and Direct Costs | •••• | •••• | •••• | •••• | •••• |
| Personnel Expenses | •••• | •••• | •••• | •••• | •••• |
| Administrative Expenses | •••• | •••• | •••• | •••• | •••• |
| Interest | •••• | •••• | •••• | •••• | •••• |
| Depreciation | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax | •••• | •••• | •••• | •••• | •••• |
| Profit After Tax | ₹26.36 Lakh | •••• | •••• | •••• | •••• |
| Profit Transferred to Partners | •••• | •••• | •••• | •••• | •••• |
| Assets and Liabilities | |||||
| Partners' Contribution | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Secured Loans | •••• | •••• | •••• | •••• | •••• |
| Unsecured Loans | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Other Liabilities and Provisions | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
| Loans and Advances | •••• | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Altair Partition Systems LLP
| Statement of Account and Solvency | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| Net Profit Margin | 2.4% | •••• | •••• | •••• | •••• |
| Return on Partners' Funds | •••• | •••• | •••• | •••• | •••• |
| Return on Assets | •••• | •••• | •••• | •••• | •••• |
| Liquidity and Debt | |||||
| Current Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt to Partners' Funds | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Turnover Growth | •••• | •••• | •••• | •••• | •••• |
| Profit Growth | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form 8. The full year-wise statements and ratios of Altair Partition Systems are in the company report.
Financial statements from FY 2017
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Designated Partners of Altair Partition Systems LLP
Altair Partition Systems has 2 current designated partners and 2 former designated partners. Current designated partners are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ausaf Ahmed Usmani | Designated Partner | 01 Jun 2023 | 3 Years 4 Months | Current |
| Namita Bankhele Abhijit Also directs: Alixair Solution LLP, Advantek Air Systems Private Limited | Designated Partner | 10 Oct 2016 | 10 Years 0 Months | Current |
Ownership and Shareholding of Altair Partition Systems LLP
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Altair Partition Systems LLP
| Date | Lender | Amount | Status |
|---|---|---|---|
| 12 Apr 2023 | Hdfc Bank Limited | ₹1 Cr | Open |
Total charge records: 1 View all charges
Employees and EPFO Compliance at Altair Partition Systems LLP
Employment history and EPFO contributions of people linked to Altair Partition Systems.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Altair Partition Systems LLP
Altair Partition Systems LLP has 4 designated partner changes on record since 2016: 2 appointments and 2 cessations. The latest: Ausaf Ahmed Usmani was appointed as Designated Partner on 01 Jun 2023.
Credit Ratings, Litigation & Regulatory Alerts for Altair Partition Systems LLP
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Altair Partition Systems LLP
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Altair Partition Systems LLP
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Altair Partition Systems LLP
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Altair Partition Systems LLP
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Altair Partition Systems LLP
Altair Partition Systems is an active limited liability partnership based in Mumbai, Maharashtra, India. The LLP works in metal fabricated products, within the fabrication industry. It was incorporated on 27 June 2016 (10+ years old) and is registered under LLPIN AAG-7819.
Altair Partition Systems reported revenue of ₹11.08 Cr for FY 2023 (up 58% YoY).
Altair Partition Systems has 2 current designated partners:
- Ausaf Ahmed Usmani - Designated Partner
- Namita Bankhele Abhijit - Designated Partner
Altair Partition Systems reported a net profit of ₹26.36 Lakh (net margin 2.4%) and EBITDA of -₹7.44 Lakh (EBITDA margin -0.7%) for FY 2023, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Altair Partition Systems is 33% over three years and 94% over five years. In the latest year (FY 2023) revenue rose 58%. CAGR is the steady yearly rate that links the first and the last year.
The LLPIN (Limited Liability Partnership Identification Number) of Altair Partition Systems is AAG-7819. It is issued by the Ministry of Corporate Affairs and uniquely identifies the LLP in India.
Altair Partition Systems was incorporated on 27 June 2016, making it 10+ years old. It is registered with the Registrar of Companies, Mumbai.
Ausaf Ahmed Usmani was appointed as Designated Partner on 01 Jun 2023. Amjad Adam Arbani ceased to be Designated Partner on 31 May 2023. Abhijit Bankhele Uttam ceased to be Designated Partner on 10 Oct 2016. Altair Partition Systems has 4 designated partner changes on record in total.
The registered office of Altair Partition Systems is at 615 Janki Centre Off. Veera Desai Road Andheri West, Mumbai, Maharashtra, India – 400053.
The total obligation of contribution is ₹5 Cr.