About Associate Lumbers Pvt Ltd
Data last updated:
Associate Lumbers Pvt Ltd is a private limited company based in Mumbai, Maharashtra, India. It operates in the service-based operations segment of the diversified industries sector. It was incorporated on 01 May 1986 and has been in existence for over 40 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U20101MH1986PTC039719. The company has 6 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹15 Cr and a paid-up capital of ₹1.23 Cr. It is led by directors including Mohamed Farouk Suleman Darvesh and Srichand Satramdas Agicha.
Its last annual general meeting (AGM) was held on 30 September 2016, and its latest financial statements are for the year ended 31 March 2016. The registered office is at 85 – A Sant Savta Marg Mustafabazar, Mumbai, Maharashtra, India – 400010.
As per the financials filed for FY 2016, the company reported a revenue of ₹30.06 Cr, a decline of 30% compared to the previous year. For the same year it recorded a net profit of ₹3.53 Lakh (net margin 0.1%) and EBITDA of ₹9.69 Cr (EBITDA margin 32.2%).
The company has about 6 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹94.66 Cr and satisfied charges of ₹30.42 Cr on record. Court records list 39 cases involving the company, including 34 filed by the company and 5 filed against it; 7 cases are pending.
The current compliance status is marked as active non-compliant by the Registrar of Companies. For more details, the company can be reached via its website associategroup.in.
Company details
Contact details
Associate Lumbers Pvt Ltd's registered office is in Mumbai, Maharashtra. Its website is associategroup.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address85 – A Sant Savta Marg Mustafabazar, Mumbai, Maharashtra, India – 400010
- IndustryOther Industry, Other Services
To see the full contact details of Associate Lumbers Pvt Ltd, 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 Associate Lumbers 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 Associate Lumbers Pvt Ltd, buy the company report.
Financials of Associate Lumbers Pvt Ltd
FY 2016 filings availableAssociate Lumbers Pvt Ltd reported revenue of ₹30.06 Cr (down 30% YoY) for FY 2016.
Compounded Annual Growth Rate (CAGR)
Revenue fell 30% in the latest year. EBITDA fell 14% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ||
| Other Income | ||
| Total Revenue | ₹30.06 Cr | |
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | ₹9.69 Cr | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | ₹3.53 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 2015-16 | FY 2014-15 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 32.2% | |
| Net Profit Margin | 0.1% | |
| 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 Associate Lumbers Pvt Ltd, buy the company report.
Board of directors of Associate Lumbers Pvt Ltd
Associate Lumbers has 4 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mohamed Farouk Suleman Darvesh | Director | 01 May 1986 | 40 Years 5 Months | Current |
| Srichand Satramdas Agicha Also directs: Associate Plantations Private Limited, Associate Plywood Industries Private Limited, Touchwood Real Estate P Ltd. and 5 more | Director | 01 May 1986 | 40 Years 5 Months | Current |
| Ebrahim Suleman Darvesh | Director | 01 May 1986 | 40 Years 5 Months | Current |
| Manoharlal Satramdas Agicha Also directs: Timber Importers Association India Limited, Touchwood Real Estate P Ltd., Associate Grih Nirman Private Limited and 5 more | Director | 01 May 1986 | 40 Years 5 Months | Current |
Peer comparison
Associate Lumbers Pvt Ltd is compared with the 10 companies closest to it by revenue in 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 |
|---|---|---|---|---|---|---|
| Kamal International Division of Gajham Exports Private Limited | ₹30.1 Cr (FY 2025) | 32.0% | Mumbai, Maharashtra, India | |||
| Liberty Med Supplies Private Limited | ₹30.09 Cr (FY 2023) | -32.0% | Thiruvanchoor, Kerala, India | |||
| Vaishnavam Steel Trading Private Limited | ₹30.07 Cr (FY 2022) | 45.0% | Pathiyoor, Kerala, India | |||
| Shruti Embroidery Private Limited | ₹30.07 Cr (FY 2025) | 21.0% | Kolkata, West Bengal, India | |||
| Rajguru's Delight Nuts Foods Private Limited | ₹30.06 Cr (FY 2025) | 16.0% | Pune, Maharashtra, India | |||
| Associate Lumbers Pvt Ltdthis company | ₹30.06 Cr (FY 2016) | ₹3.53 Lakh | 0.1% | -30.0% | 6 | Mumbai, Maharashtra, India |
| Biosmith Lifesciences Private Limited | ₹30.06 Cr (FY 2024) | Delhi, India | ||||
| Neha Pharma Pvt Ltd | ₹30.06 Cr (FY 2025) | -10.0% | Mumbai, Maharashtra, India | |||
| Elite Building Materials Private Limited | ₹30.05 Cr (FY 2025) | -18.0% | Mumbai, Maharashtra, India | |||
| Maa Santoshi Alloys Private Limited | ₹30.05 Cr (FY 2025) | -61.0% | Kolkata, West Bengal, India | |||
| Ideal Distributors Private Limited | ₹30.05 Cr (FY 2025) | 7.0% | Darjeeling, West Bengal, India |
To see the full peer comparison of Associate Lumbers Pvt Ltd, buy the company report.
Auditor
Associate Lumbers Pvt Ltd is audited by A P & CO for the financial year 2016.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| A P & CO | FY 2016 | 100040W |
Shareholding
The shareholding of Associate Lumbers Pvt Ltd 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 Associate Lumbers Pvt Ltd, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Oct 2015 | 100031535 | Others | ₹24.66 Cr | Open | |
| 06 Feb 2004 | 90218555 | Corporation Bank | ₹70 Cr | Open | |
| 28 Dec 2006 | 10070144 | Corporation Bank | ₹22 Lakh | Satisfied | |
| 21 Jun 1999 | 90218263 | Corporation Bank | ₹23 Cr | Satisfied | |
| 25 Aug 1988 | 90217250 | Corporation Bank | ₹6.2 Cr | Satisfied |
To see the full charge records of Associate Lumbers Pvt Ltd, buy the company report.
Total charge records: 6 View all charges
Legal cases
Associate Lumbers Pvt Ltd has 39 court cases on record: 34 filed by Associate Lumbers, 5 filed against it. 7 cases are pending and 32 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 22 | 3 | 3 |
| High courts | 17 | 2 | 4 |
Cases on record (5 of 39)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Chennai, Tamil Nadu | Civil suit | Filed by the company against Leela Impex Pvt Ltd | Disposed |
| High Court, TAMIL NADU | Civil suit | Filed by the company against Leela Impex Pvt.Ltd. and 1 other | Disposed |
| District court, kachchh at Bhuj, Gujarat | Court case (SPCS) | Filed by the company against an individual | Pending |
| High Court of Karnataka | Writ petition | Filed by the company against an individual | Pending |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by an individual | Pending |
To see the full case history of Associate Lumbers Pvt Ltd, 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 Associate Lumbers Pvt Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Associate Lumbers Pvt Ltd has a workforce of 6 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
GST
Associate Lumbers has 6 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 Associate Lumbers Pvt Ltd, buy the company report.
Recent activity
Associate Lumbers Pvt Ltd has 6 board changes on record since 1986: 4 appointments and 2 cessations. The latest: Ashok Sunderdas Agicha ceased to be Director on 10 Apr 2016.
10 earlier events are in the company report.
Frequently asked questions
Associate Lumbers is an active private limited company based in Mumbai, Maharashtra, India. The company works in other services, within the other industry industry. It was incorporated on 01 May 1986 (40+ years old) and is registered under CIN U20101MH1986PTC039719.
Associate Lumbers has 4 current directors:
- Mohamed Farouk Suleman Darvesh - Director
- Srichand Satramdas Agicha - Director
- Ebrahim Suleman Darvesh - Director
- Manoharlal Satramdas Agicha - Director
The latest financial statements of Associate Lumbers on record with the MCA are for the year ended 31 March 2016. Its last annual general meeting was held on 30 September 2016. Year-wise statements from 2015 are in the company report.
No. Associate Lumbers has 6 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of Associate Lumbers is U20101MH1986PTC039719. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Associate Lumbers has 39 court cases on record: 34 filed by the company and 5 filed against it. 7 are pending. Most are in the district courts.
Associate Lumbers was incorporated on 01 May 1986, making it 40+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Associate Lumbers by revenue are Kamal International Division of Gajham Exports Private Limited, Liberty Med Supplies Private Limited, Vaishnavam Steel Trading Private Limited, Shruti Embroidery Private Limited, Rajguru's Delight Nuts Foods Private Limited and 5 more, all in the same principal business activity (wholesale trading).
Ashok Sunderdas Agicha ceased to be Director on 10 Apr 2016. Usman Suleman Darvesh ceased to be Director on 03 Dec 2007. Ebrahim Suleman Darvesh was appointed as Director on 01 May 1986. Associate Lumbers has 6 board changes on record in total.
Associate Lumbers can be reached through the website associategroup.in. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Associate Lumbers is at 85 – A Sant Savta Marg Mustafabazar, Mumbai, Maharashtra, India – 400010.
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