- Category
- Medium (2024-25)
- Udyam number
- UDYAM-WB-14-0002687

About Cflo World Limited
Data last updated:
Cflo World Limited is a public limited company based in Kolkata, West Bengal, India. It operates in the process machinery and industrial equipment segment of the machinery and industrial equipment sector. It was incorporated on 16 March 2000 and has been in existence for over 26 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U29230WB2000PLC118249. Its GSTIN is 19AACCT3283D1ZD (West Bengal). The company holds 6 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹30 Cr and a paid-up capital of ₹20.46 Cr. It was formerly known as Torsa Metalmen Limited. It is led by directors including Manish Bhartia (Managing Director) and Brendan Joseph Mcgurgan.
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Newtown Rajarhat Ecospace Business Park Block 4A 6th Floor Action Area II, Kolkata, West Bengal, India – 700160.
As per the financials filed for FY 2025, the company reported a revenue of ₹236.76 Cr, a growth of 19% compared to the previous year. For the same year it recorded a net profit of ₹13.42 Cr (net margin 5.7%) and EBITDA of ₹16.36 Cr (EBITDA margin 6.9%). Revenue has grown at a compounded annual rate (CAGR) of 29% over three years.
The company has about 146 employees on its provident fund (EPFO) records. Its group structure includes 2 subsidiaries.
The company is associated with 2 brands: Doctor Sand and CFlo. As per MCA filings, the company has open charges of ₹50 Cr and satisfied charges of ₹28.65 Cr on record. Court records list 23 cases involving the company, including 18 filed by the company and 5 filed against it; 5 cases are pending. The company has 9 deals on record (5 secondary share transfers, 4 funding rounds), with disclosed funding of ₹103.5 Cr; the latest was in July 2019. Its 5 peer companies in the Machinery and Equipment industry (Process Machinery), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment) are compared by revenue, 2 larger and 3 smaller; the largest is Pam Indtech Machines Private Limited with revenue of ₹241.82 Cr. The company has 12 MSME Form 1 returns on record between 2019 and 2024, listing 217 overdue payments to 69 micro and small suppliers.
Cflo World Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-WB-14-0002687). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website cdeasia.com.
Company details
Name history
Cflo World has undergone 2 name changes throughout its history. The company was previously known as Torsa Metalmen Limited, and Cflo World Limited. The current legal name is Cflo World Limited.
| Company Name | Status |
|---|---|
| Cflo World Limited | Current |
| Torsa Metalmen Limited | Previous |
CIN history
Cflo World has one previous CIN (Corporate Identification Number): U29230WB2000PTC118249. The current CIN is U29230WB2000PLC118249, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U29230WB2000PLC118249 | Current |
| U29230WB2000PTC118249 | Previous |
Recognitions & Rankings of Cflo World
Contact details
Cflo World Limited's registered office is in Kolkata, West Bengal. Its website is cdeasia.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressNewtown Rajarhat Ecospace Business Park Block 4A 6th Floor Action Area II, Kolkata, West Bengal, India – 700160
- IndustryMachinery and Equipment, Process Machinery & Industrial Equipment
To see the full contact details of Cflo World 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
Cflo World operates two associated brands: Doctor Sand and CFlo. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| B2B platform supplying ethically sourced sand and aggregates for construction. | doctorsand.com | |
| Environmental consulting and waste recycling solutions are provided globally. | cfloworld.com |
Business activity
The main business activity of Cflo World is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment |
To see the full business activity and turnover split of Cflo World Limited, buy the company report.
Financials of Cflo World Limited
FY 2025 filings availableCflo World Limited reported revenue of ₹236.76 Cr (up 19% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 29% over three years, including 19% growth in the latest year. EBITDA fell 61% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹16.36 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹13.42 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 6.9% | ||||
| Net Profit Margin | 5.7% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
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To see the full financial statements and ratios of Cflo World Limited, buy the company report.
Board of directors of Cflo World Limited
Cflo World has 7 current directors and 12 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Brendan Joseph Mcgurgan Also directs: Doctor Sand Limited | Director | 23 Feb 2007 | 19 Years 8 Months | Current |
| Sunilkumar Balasubramanniam Puthucode Also directs: Doctor Sand Limited, Greaves Finance Limited | Director | 21 Feb 2024 | 2 Years 8 Months | Current |
| Enda Michael Ivanoff Also directs: Doctor Sand Limited | Director | 23 Oct 2007 | 19 Years 0 Months | Current |
| Gunjan Bhartia Also directs: Doctor Sand Limited | Director | 28 Aug 2019 | 7 Years 2 Months | Current |
| Glen Thomas Curry Also directs: Doctor Sand Limited | Director | 29 Oct 2018 | 7 Years 11 Months | Current |
| Manish Bhartia Also directs: Doctor Sand Limited, Sand Grains Private Limited | Managing Director | 27 Sep 2003 | 23 Years 1 Months | Current |
Peer comparison
Cflo World Limited is compared with the 5 companies closest to it by revenue in the Machinery and Equipment industry (Process Machinery), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Pam Indtech Machines Private Limited | ₹241.82 Cr (FY 2017) | 22.0% | Mumbai, Maharashtra, India | |||
| The Printers House Private Limited | ₹240.99 Cr (FY 2024) | 157.0% | New Delhi, Delhi, India | |||
| Cflo World Limitedthis company | ₹236.76 Cr (FY 2025) | ₹13.42 Cr | 5.7% | 19.0% | 146 | Kolkata, West Bengal, India |
| Lokesh Machines Ltd | ₹229.79 Cr (FY 2025) | -22.0% | Telangana, India | |||
| Mectech Process Engineers Private Limited | ₹228.15 Cr (FY 2025) | 64.0% | New Delhi, Delhi, India | |||
| Rieco Industries Limited | ₹228.12 Cr (FY 2025) | -28.0% | Pune, Maharashtra, India |
To see the full peer comparison of Cflo World Limited, buy the company report.
Auditor
Cflo World Limited is audited by S. R. BATLIBOI & CO. LLP for the financial year 2025.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S. R. BATLIBOI & CO. LLP | FY 2025 | 301003E/E300005 |
Shareholding
The shareholding of Cflo World Limited is on record for 5 financial years, the latest being FY 2025, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Cflo World Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 02 May 2023 | 100733454 | Others | ₹3 Cr | Open | |
| 22 Jul 2022 | 100601726 | Axis Bank Limited | ₹30 Cr | Open | |
| 22 Jan 2013 | 10400782 | Axis Bank Limited | ₹17 Cr | Open | |
| 28 Nov 2014 | 10570471 | Axis Bank Limited | ₹12 Lakh | Satisfied | |
| 22 Jan 2013 | 10403308 | Tata Capital Financial Services Limited | ₹8.16 Lakh | Satisfied |
To see the full charge records of Cflo World Limited, buy the company report.
Total charge records: 13 View all charges
Deals & funding
Cflo World Limited has 9 deals on record (5 secondary share transfers, 4 funding rounds), with disclosed funding of ₹103.5 Cr; the latest was in July 2019.
Deals on record (5 of 9)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jun 2019 | Secondary share transfer | Undisclosed | Buyer: Manish Bhartia Foundation Trust Seller: Naresh Kumar Bhartia HUF, 3 individuals |
| Jun 2019 | Secondary share transfer | Undisclosed | Buyer: Manish Bhartia Foundation Trust Seller: Riya Bhartia Foundation Trust, Raina Bhartia Foundation Trust, 2 individuals |
| Mar 2019 | Secondary share transfer | Undisclosed | Buyer: Beharilal Bhartia Foundation Trust, Riya Bhartia Foundation Trust, Raina Bhartia Foundation Trust Seller: an individual |
| Feb 2007 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: Northeast Herbal Products Limited, Avenue Corporate Services Private Limited , Shakambaree Traders Pvt Ltd |
| Feb 2007 | Funding round | ₹50.2 Lakh | Investors: CDE Global Investments Limited, Avenue Corporate Services Private Limited , Shakambaree Traders Pvt Ltd |
To see the full deal history of Cflo World 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
Cflo World Limited has 23 court cases on record: 18 filed by Cflo World, 5 filed against it. 5 cases are pending and 18 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 11 | 2 | 2 |
| District courts | 10 | 3 | 3 |
| NCLT | 2 | 0 | 0 |
Cases on record (5 of 23)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Calcutta High Court | Court case (IPDPTA) | Filed against the company by Terex India Private Limited | Pending |
| District court, Howrah, West Bengal | Court case (2.Money Suit) | Filed by the company against Red Brick and Tile Products Private Limited | Pending |
| High Court of Delhi | Commercial suit | Filed by the company against Terex India Private Limited | Pending |
| High Court of Delhi | Commercial suit | Filed by the company against Propel Industries Private Limited | Disposed |
| High Court of Delhi | Commercial suit | Filed by the company against Hailstone Innovations Private Limited | Disposed |
To see the full case history of Cflo World 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.
Credit ratings & regulatory alerts
Cflo World Limited was last rated by Crisil on 28 Jul 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 28 Jul 2020 |
To see the full credit ratings and regulatory alerts of Cflo World Limited, buy the company report.
MSME payment delays
Cflo World Limited has 12 MSME Form 1 returns on record between 2019 and 2024, listing 217 overdue payments to 69 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 69)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| Gujral Corporate Services | |||
| Citiryder Auto Tech Private Limited | |||
| an individual supplier | |||
| Presito Technologies (India) Private Limited |
To see the full MSME payment records of Cflo World Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Cflo World has 2 subsidiary companies. This group structure data is as of FY 2025. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Doctor Sand Limited | U26990WB2020PLC241064 | |
| Sand Grains Private Limited | U46632WB2021PTC245444 |
To see the full group structure of Cflo World Limited, buy the company report.
Employees & EPFO
Cflo World Limited has a workforce of 146 employees on its EPFO records as of Sep 25, 2025, across 1 active EPFO establishment.
GST
Cflo World has 6 GST registrations: 1 active and 5 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AACCT3283D1ZD | West Bengal | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Cflo World Limited, buy the company report.
Recent activity
Cflo World Limited has 17 board changes on record since 2003: 7 appointments and 10 cessations. The latest: Sunilkumar Balasubramanniam Puthucode ceased to be Additional Director on 29 Sep 2024.
34 earlier events are in the company report.
Frequently asked questions
Cflo World is an active public limited company based in Kolkata, West Bengal, India. The company works in process machinery and industrial equipment, within the machinery and equipment industry. It was incorporated on 16 March 2000 (26+ years old) and is registered under CIN U29230WB2000PLC118249.
Cflo World has 7 current directors:
- Manish Bhartia - Managing Director
- Brendan Joseph Mcgurgan - Director
- Sunilkumar Balasubramanniam Puthucode - Director
- Enda Michael Ivanoff - Director
- Gunjan Bhartia - Director
- Glen Thomas Curry - Director
- Rajni Bhartia - Director
The latest financial statements of Cflo World on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 29 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Cflo World is 19AACCT3283D1ZD, registered in West Bengal. The company has 6 GST registrations in all, of which 1 is active and 5 are cancelled or inactive.
The CIN (Corporate Identification Number) of Cflo World is U29230WB2000PLC118249. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Cflo World has 23 court cases on record: 18 filed by the company and 5 filed against it. 5 are pending. Most are in the high courts.
Cflo World was incorporated on 16 March 2000, making it 26+ years old. It is registered with the Registrar of Companies, Kolkata.
Cflo World has 9 deals on record (5 secondary share transfers, 4 funding rounds), with disclosed funding of ₹103.5 Cr; the latest was in July 2019.
The peers of Cflo World by revenue are Pam Indtech Machines Private Limited, The Printers House Private Limited, Lokesh Machines Ltd, Mectech Process Engineers Private Limited, Rieco Industries Limited, all in the Machinery and Equipment industry (Process Machinery), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment).
Sunilkumar Balasubramanniam Puthucode ceased to be Additional Director on 29 Sep 2024. Sunilkumar Balasubramanniam Puthucode was appointed as Director on 21 Feb 2024. Manish Madhogaria ceased to be Cfo(Kmp) on 14 Dec 2021. Cflo World has 17 board changes on record in total.
Yes, Cflo World is registered as a medium enterprise under Udyam registration (number: UDYAM-WB-14-0002687).
Cflo World has 12 MSME Form 1 returns on record between 2019 and 2024, listing 217 overdue payments to 69 micro and small suppliers. The latest return was filed on 04 May 2024.