Ark Industries Private Limited

Ark Industries Private Limited - automotive in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
CIN U27200MH2004PTC148690 Incorporated 17 September 2004 ROC Mumbai HQ Mumbai, Maharashtra, India
Under Insolvency Private Limited Company automotive
Data last updated
Revenue · FY 2018
₹518.87 Cr
▼ 8% YoY
Net profit · FY 2018
₹1.07 Cr
Net margin 0.2%
EBITDA · FY 2018
₹11.74 Cr
EBITDA margin 2.3%
Authorised capital
₹5 Cr
Registered with MCA
Paid-up capital
₹4.85 Cr
Issued & subscribed
Open charges
₹82.54 Cr
Satisfied ₹30 Cr
Company age
22 yrs
Est. 2004
Employees · EPFO
7
Provident fund records

About Ark Industries Private Limited

Data last updated:

Ark Industries Private Limited is a private limited company based in Mumbai, Maharashtra, India. The company is currently undergoing Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency professional. It operates in the auto parts and components segment of the automotive sector. It was incorporated on 17 September 2004.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U27200MH2004PTC148690. Its GSTIN is 27AAECA8885E1ZD (Maharashtra). The company holds 3 GST registrations, of which 1 is active.

The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹4.85 Cr. It is led by directors Dhanesh Jayantilal Mehta and Subroto Chatterjee.

Its last annual general meeting (AGM) was held on 29 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office is at Mumbai, Maharashtra.

As per the financials filed for FY 2018, the company reported a revenue of ₹518.87 Cr, a decline of 8% compared to the previous year. For the same year it recorded a net profit of ₹1.07 Cr (net margin 0.2%) and EBITDA of ₹11.74 Cr (EBITDA margin 2.3%).

The company has about 7 employees on its provident fund (EPFO) records.

As per MCA filings, the company has open charges of ₹82.54 Cr and satisfied charges of ₹30 Cr on record. Court records list 82 cases involving the company, including 64 filed by the company and 8 filed against it; 13 cases are pending.

The last known website on record is deltasteelworld.com.

Company Details of Ark Industries Private Limited
CIN U27200MH2004PTC148690
Registration Number 148690
Incorporation Date 17 September 2004
ROC Mumbai
Listing Status Unlisted
Company Status Under CIRP
Date of Last AGM 29 September 2018
Date of Balance Sheet 31 March 2018
Compliance Status Active Compliant
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Social Media
    Locked
  • Registered Address
    Unit/Office No. 205 2nd Floor Windfall Building Andheri Kurla Road J.B.Nagar Andheri, (E), Mumbai, Maharashtra, India – 400059
  • Industry
    Automotive, Auto Parts & Components
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Financials, compliance, directors, charges, ownership and filings for Ark Industries Private Limited in one report.

Financials from 2015 Directors & ownership Charges & compliance

Business Activity of Ark Industries Private Limited

The main business activities of Ark Industries are trade and manufacturing. In detail, this covers wholesale trading and metal and metal products. 2 activity segments are registered with the MCA.

Main Activity Group CodeDescription of Main ActivityBusiness Activity CodeDescription of Business ActivityTurnover Percentage
GTradeG1Wholesale TradingLocked
CManufacturingC7Metal and metal productsLocked
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Business activity turnover details

Turnover share and past changes in activity are in the company report.

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Financials of Ark Industries Private Limited FY 2018 filings available

Ark Industries Private Limited reported revenue of ₹518.87 Cr (down 8% YoY) for FY 2018.

Revenue · FY 2018
₹518.87 Cr ▼ 8%
Net profit · FY 2018
₹1.07 Cr margin 0.2%
EBITDA · FY 2018
₹11.74 Cr margin 2.3%

Compounded Annual Growth Rate (CAGR) of Ark Industries Private Limited

Revenue CAGR growth
1 year
▼ 8%
EBITDA CAGR growth
1 year
▲ 11%

Revenue fell 8% in the latest year. EBITDA rose 11% in the latest year. All are worked out from the filed statements.

Financial Statement Summary of Ark Industries Private Limited

MetricsFY 2017-18FY 2016-17FY 2015-16FY 2014-15
Profit and Loss Statement
Revenue from Operations₹518.87 Cr••••••••••••
Other Income••••••••••••••••
Total Revenue••••••••••••••••
Cost of Materials Consumed••••••••••••••••
Employee Benefit Expense••••••••••••••••
Finance Costs••••••••••••••••
Depreciation and Amortisation••••••••••••••••
Other Expenses••••••••••••••••
Total Expenses••••••••••••••••
EBITDA₹11.74 Cr••••••••••••
Profit Before Tax••••••••••••••••
Tax Expense••••••••••••••••
Net Profit (PAT)₹1.07 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 of Ark Industries Private Limited

MetricsFY 2017-18FY 2016-17FY 2015-16FY 2014-15
Profitability
EBITDA Margin2.3%••••••••••••
Net Profit Margin0.2%••••••••••••
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••••••••••••••••

Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Ark Industries are in the company report.

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Financial statements from 2015

Earlier years and trend charts are in the company report.

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Peer Comparison of Ark Industries Private Limited

Ark Industries Private Limited is compared with the companies closest to it by revenue in the Automobiles industry (Auto Ancillary, Foundry and Fabrication). Revenue, net profit, margin and growth of each company are in the company report.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Mubea Automotive Components India Private Limited••••••••••••••••-Pune, Maharashtra, India
Thai Summit Autoparts India Private Limited••••••••••••••••627Sriperumbudur, Tamil Nadu, India
JPM Industries Limited••••••••••••••••30Delhi, India
Inteva Products India Automotive Private Limited••••••••••••••••301Bangalore, Karnataka, India
Dong - A India Automotive Private Limited••••••••••••••••102Kancheepuram, Tamil Nadu, India
Ark Industries Private Limited this company••••••••••••••••-Mumbai, Maharashtra, India
Model Infra Corporation Private Limited••••••••••••••••247Bangalore, Karnataka, India
Punch Ratna Fasteners Private Limited••••••••••••••••93Delhi, India
Z F Steering Gear (India) Limited Listed••••••••••••••••387Pune, Maharashtra, India
Topre India Private Limited••••••••••••••••188Ahmedabad, Gujarat, India
Neolite ZKW Lightings Limited••••••••••••••••635New Delhi, Delhi, India

Peers are the five companies nearest above and the five nearest below Ark Industries by revenue in the Automobiles industry (Auto Ancillary, Foundry and Fabrication), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.

Auditor Details of Ark Industries Private Limited

Ark Industries Private Limited is audited by K P DODECHA AND CO for the financial year 2018.

NameStatusAppointment DateCessation Date
K P DODECHA AND COLockedLockedLocked
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Board of Directors of Ark Industries Private Limited

Ark Industries has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.

Directors (as last reported)
NameDesignationAppointment DateTenureStatus
Dhanesh Jayantilal MehtaDirector17 Sep 200422 Years 0 MonthsAs last reported
Subroto ChatterjeeAdditional Director29 Nov 20187 Years 10 MonthsAs last reported

Ownership and Shareholding of Ark Industries Private Limited

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Charges & Borrowings of Ark Industries Private Limited

Open charges
₹82.54 Cr
Satisfied charges
₹30 Cr
Breakdown by lending institutions
Others₹62.54 Cr
State Bank of India₹20.00 Cr
Latest charge details
DateLenderAmountStatus
04 Jan 2019State Bank of India₹20 CrOpen
07 Oct 2016Others₹4.14 LakhOpen
05 Feb 2014Others₹62.5 CrOpen
11 May 2007Bank of Maharashtra₹30 CrSatisfied

Total charge records: 4 View all charges

Employees and EPFO Compliance at Ark Industries Private Limited

Ark Industries Private Limited has a workforce of 7 employees as of Apr 05, 2024.

Employee count
7
Active EPFO establishments
1
Employee growth
-12.5%
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Employee and EPFO history

Monthly headcount, contribution history and filing status are in the company report.

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Recent Activity on Ark Industries Private Limited

Ark Industries Private Limited has 6 board changes on record since 2004: 2 appointments and 4 cessations. The latest: Akshay Rajendrapershad Jain ceased to be Director on 10 Jun 2019.

Ceased
Akshay Rajendrapershad Jain ceased to be Director.
Charges
A charge with Others of Rs. 62.50 Cr registered on 05 Feb 2014 with Charge ID 10481447 was modified on 06 May 2019.
Charges
A charge with State Bank Of India amounted to Rs. 20.00 Cr with Charge ID 100256620 was registered on 04 Jan 2019.
Ceased
Manohar Rajaram Mane ceased to be Director.
Appointed
Subroto Chatterjee was appointed as Additional Director.
AGM
Ark Industries Private Limited last Annual general meeting of members was held on 29 Sep 2018 as per latest MCA records.
Ceased
Varghese Karapunaseril John ceased to be Additional Director.
Filing
Ark Industries Private Limited has filed its annual Financial statements for the year ended 31 Mar 2018 with Roc Mumbai.
Charges
A charge with Others amounted to Rs. 0.04 Cr with Charge ID 100062974 was registered on 07 Oct 2016.
Charges
A charge registered on 11 May 2007 via Charge ID 10064761 with Bank Of Maharashtra was fully satisfied on 07 Feb 2014.
Charges
A charge with Others amounted to Rs. 62.50 Cr with Charge ID 10481447 was registered on 05 Feb 2014.
Charges
A charge with Bank Of Maharashtra of Rs. 30.00 Cr registered on 11 May 2007 with Charge ID 10064761 was modified on 23 Sep 2013.

4 earlier events are listed in the company report.

Credit Ratings, Litigation & Regulatory Alerts for Ark Industries Private Limited

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MSME Payment Delays by Ark Industries Private Limited

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MSME payment history

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Subsidiaries & Group Companies of Ark Industries Private Limited

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Corporate group structure

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GST Compliance of Ark Industries Private Limited

Ark Industries has 3 GST registrations: 1 active and 2 cancelled or inactive.

Total GSTINs
3
Active
1
Cancelled / inactive
2
GSTINStateStatusRegistered on
27AAECA8885E1ZDMaharashtraActive01 Jul 2017
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GST registrations and filing compliance

State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.

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MCA Filings & Documents of Ark Industries Private Limited

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MCA filings and documents

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Frequently Asked Questions about Ark Industries Private Limited

Ark Industries is undergoing "Corporate Insolvency Resolution Process" (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency resolution professional. The company may not be able to independently enter into new commitments during this period. This is a high-risk status - verify the resolution status before any engagement.

Ark Industries is a company under insolvency, formerly operating as a private limited company based in Mumbai, Maharashtra, India. The company works in auto parts and components, within the automotive industry. It was incorporated on 17 September 2004 and is registered under CIN U27200MH2004PTC148690. Caution is advised - the company may not have the legal capacity to fulfil new agreements.

Ark Industries reported revenue of ₹518.87 Cr for FY 2018 (down 8% YoY).

Ark Industries has 2 current directors:

Ark Industries reported a net profit of ₹1.07 Cr (net margin 0.2%) and EBITDA of ₹11.74 Cr (EBITDA margin 2.3%) for FY 2018, as per its filed financial statements.

The CIN (Corporate Identification Number) of Ark Industries is U27200MH2004PTC148690. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Ark Industries has open charges of ₹82.54 Cr and satisfied charges of ₹30 Cr as per latest MCA filings.

Ark Industries has 82 court cases on record: 64 filed by the company and 8 filed against it. 13 are pending. Most are in the district courts.

Ark Industries was incorporated on 17 September 2004. It is registered with the Registrar of Companies, Mumbai.

The peers of Ark Industries by revenue are Mubea Automotive Components India Private Limited, Thai Summit Autoparts India Private Limited, JPM Industries Limited, Inteva Products India Automotive Private Limited, Dong - A India Automotive Private Limited and 5 more, all in the Automobiles industry (Auto Ancillary, Foundry and Fabrication).

Akshay Rajendrapershad Jain ceased to be Director on 10 Jun 2019. Manohar Rajaram Mane ceased to be Director on 07 Dec 2018. Subroto Chatterjee was appointed as Additional Director on 29 Nov 2018. Ark Industries has 6 board changes on record in total.

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