About BFT Automation Systems Private Limited
Data last updated:
BFT Automation Systems Private Limited was a foreign private limited company based in Hyderabad, Telangana, India, operated as a subsidiary of Bft S.P.A.. The company has been dissolved under section 59(8) as per MCA records and no longer exists as a legal entity. Any dealings with a dissolved entity carry legal and financial risk. It operated in the industrial products retail and distribution segment of the machinery and industrial equipment sector. It was incorporated on 08 January 2015.
The company was registered with the Registrar of Companies (ROC), Hyderabad, under CIN U51900TG2015FTC097199. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹1.35 Cr and a paid-up capital of ₹1.31 Cr. It was led by directors including Nicola Sanco and Alessandro Dal Moro.
Its last annual general meeting (AGM) was held on 24 May 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office was at Plot No. 6 Shed No. 1 I.D.A Bollaram Near Miyapur Jinnaram Mandal, Hyderabad, Telangana, India – 502325.
As per the financials filed for FY 2023, the company reported a revenue of ₹1.47 Lakh, a decline of 98% compared to the previous year. For the same year it recorded a net loss of ₹28.69 Lakh and EBITDA of -₹28.69 Lakh. Revenue has declined at a compounded annual rate (CAGR) of 79% over three years and 63% over five years.
The company was associated with 1 brand: BFT Automation. Court records list 1 case involving the company, including 1 filed by the company.
The last known website on record is bft-automation.com.
Company details
Contact details
BFT Automation Systems Private Limited's registered office is in Hyderabad, Telangana. Its website is bft-automation.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressPlot No. 6 Shed No. 1 I.D.A Bollaram Near Miyapur Jinnaram Mandal, Hyderabad, Telangana, India – 502325
- IndustryMachinery and Equipment, Industrial Products Retail & Distribution
To see the full contact details of BFT Automation Systems 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
Brands
BFT Automation Systems operates one associated brand: BFT Automation. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Access automation solutions are delivered for secure entry systems. | bft-automation.com |
Financials of BFT Automation Systems Private Limited
FY 2023 filings availableBFT Automation Systems Private Limited reported revenue of ₹1.47 Lakh (down 98% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 63% over five years, including a 98% fall in the latest year. EBITDA fell 119% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹1.47 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹28.69 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹28.69 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | |||||
| 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 BFT Automation Systems Private Limited, buy the company report.
Board of directors of BFT Automation Systems Private Limited
BFT Automation Systems has 6 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nicola Sanco | Director | 08 Jan 2015 | 11 Years 10 Months | As last reported |
| Alessandro Dal Moro | Director | 25 Aug 2019 | 7 Years 2 Months | As last reported |
| Massimo Tedesco | Director | 25 Aug 2019 | 7 Years 2 Months | As last reported |
| Taral Kirankumar Trivedi Also directs: Somfy India Private Limited, Solar Shading Association of India | Director | 14 Sep 2022 | 4 Years 1 Months | As last reported |
| Enrico Maria Pirrone | Director | 15 Jun 2022 | 4 Years 4 Months | As last reported |
| Pawan Kumar Singal Also directs: Avm Resolution Professionals LLP | Irp/Rp/Liquidator | 02 Jun 2023 | 3 Years 5 Months | As last reported |
Auditor
BFT Automation Systems Private Limited is audited by VSPV & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| VSPV & Co. | FY 2023 | 005483N |
Shareholding
The shareholding of BFT Automation Systems Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of BFT Automation Systems Private Limited, buy the company report.
Legal cases
BFT Automation Systems Private Limited has 1 court case on record: 1 filed by BFT Automation Systems. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| NCLT | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLT, Hyderabad | Insolvency matter | Filed by the company | Disposed |
To see the full case history of BFT Automation Systems 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 BFT Automation Systems Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
BFT Automation Systems 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 BFT Automation Systems Private Limited, buy the company report.
Recent activity
BFT Automation Systems Private Limited has 14 board changes on record since 2015: 6 appointments and 8 cessations. The latest: Pawan Kumar Singal was appointed as Irp/Rp/Liquidator on 02 Jun 2023.
5 earlier events are in the company report.
Frequently asked questions
BFT Automation Systems has been "Dissolved Under Section 59(8)" as per MCA records. The company has ceased to exist as a legal entity. Any contracts or dealings with a dissolved entity may be legally unenforceable.
BFT Automation Systems was a foreign private limited company based in Hyderabad, Telangana, India. The company worked in industrial products retail and distribution, within the machinery and equipment industry. It was incorporated on 08 January 2015 and is registered under CIN U51900TG2015FTC097199. The company is recorded as dissolved under section 59(8) in MCA records and no longer exists as a legal entity.
BFT Automation Systems was incorporated on 08 January 2015. It is registered with the Registrar of Companies, Hyderabad.
BFT Automation Systems had 6 directors:
- Nicola Sanco - Director
- Alessandro Dal Moro - Director
- Massimo Tedesco - Director
- Taral Kirankumar Trivedi - Director
- Enrico Maria Pirrone - Director
- Pawan Kumar Singal - Irp/Rp/Liquidator
The CIN (Corporate Identification Number) of BFT Automation Systems is U51900TG2015FTC097199. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of BFT Automation Systems is at Plot No. 6 Shed No. 1 I.D.A Bollaram Near Miyapur Jinnaram Mandal, Hyderabad, Telangana, India – 502325.
BFT Automation Systems can be reached through the website bft-automation.com. Its registered office is in Hyderabad, Telangana, India.
The latest financial statements of BFT Automation Systems on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 24 May 2023. Year-wise statements from 2015 are in the company report.
No. BFT Automation Systems has 1 GST registration on record and it is cancelled or inactive.
BFT Automation Systems operated in the machinery and equipment industry, in the industrial products retail and distribution segment.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
