Cube Fitness Private Limited
About Cube Fitness Private Limited
Data last updated:
Cube Fitness Private Limited was a private limited company based in Bangalore, Karnataka, India, operated as a subsidiary of Cultfit Healthcare Private Limited. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the fitness centers and gyms segment of the health and wellness sector. It was incorporated on 20 February 2017.
The company was registered with the Registrar of Companies (ROC), Bangalore, under CIN U74999KA2017PTC100658. Its GSTIN is 29AAGCC8353F1ZG (Karnataka).
The company had an authorised share capital of ₹2 Lakh and a paid-up capital of ₹1.92 Lakh. It was led by directors Rishabh Telang and Mujtabha Khursheed Magrey.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office was at No. 17 & 17C Bda Sector 3 Hsr Layout, Bangalore, Karnataka, India – 560102.
As per the financials filed for FY 2023, the company reported a revenue of ₹1.59 Cr, a growth of 87% compared to the previous year. For the same year it recorded a net profit of ₹31.79 Lakh (net margin 20%) and EBITDA of ₹69.84 Lakh (EBITDA margin 43.9%). Revenue has grown at a compounded annual rate (CAGR) of 17% over three years and 259% over five years.
Court records list 1 case involving the company, including 1 filed by the company.
Company details
Contact details
Cube Fitness Private Limited's registered office is in Bangalore, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressNo. 17 & 17C Bda Sector 3 Hsr Layout, Bangalore, Karnataka, India – 560102
- IndustryHealth and Wellness Services, Fitness Centers & Gyms
To see the full contact details of Cube Fitness 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
Business activity
The main business activity of Cube Fitness is arts, entertainment and recreation. In detail, this covers sports, amusement and recreation activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| R | Arts, entertainment and recreation | R4 | Sports, amusement and recreation activities |
To see the full business activity and turnover split of Cube Fitness Private Limited, buy the company report.
Financials of Cube Fitness Private Limited
FY 2023 filings availableCube Fitness Private Limited reported revenue of ₹1.59 Cr (up 87% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 259% over five years, including 87% growth in the latest year. EBITDA rose 26% 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 | ₹1.59 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹69.84 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹31.79 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 43.9% | ||||
| Net Profit Margin | 20% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Receivable Days | |||||
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To see the full financial statements and ratios of Cube Fitness Private Limited, buy the company report.
Board of directors of Cube Fitness Private Limited
Cube Fitness has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rishabh Telang Also directs: Sr Health Edit LLP, F2 Fun and Fitness (India) Private Limited, Cultfit Healthcare Private Limited and 3 more | Director | 23 Aug 2019 | 7 Years 2 Months | As last reported |
| Mujtabha Khursheed Magrey Also directs: F2 Fun and Fitness (India) Private Limited, Cultfit Healthcare Private Limited, Transfit Venture Private Limited and 4 more | Director | 23 Aug 2019 | 7 Years 2 Months | As last reported |
Peer comparison
Cube Fitness Private Limited is compared with the 3 companies closest to it by revenue in the Consumer Services industry (Gyms), with the same principal business activity (sports, amusement and recreation activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Deccan-96 Fitness Private Limited | ₹1.62 Cr (FY 2024) | 71.0% | Pune, Maharashtra, India | |||
| Sculptors Gym & Fitness Centre Private Limited | ₹1.62 Cr (FY 2018) | 24.0% | Kharar, Punjab, India | |||
| Cube Fitness Private Limitedthis company | ₹1.59 Cr (FY 2023) | ₹31.79 Lakh | 20% | 87.0% | Bangalore, Karnataka, India | |
| Moveza Fitness Private Limited | ₹1.57 Cr (FY 2019) | 86.0% | Bangalore, Karnataka, India |
To see the full peer comparison of Cube Fitness Private Limited, buy the company report.
Auditor
Cube Fitness Private Limited is audited by B S R & CO LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| B S R & CO LLP | FY 2023 | 101248W/W100022 |
Shareholding
The shareholding of Cube Fitness Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Cube Fitness Private Limited, buy the company report.
Legal cases
Cube Fitness Private Limited has 1 court case on record: 1 filed by Cube Fitness. 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, Bengaluru | Court case (C.P.(CAA)) | Filed by the company | Disposed |
To see the full case history of Cube Fitness 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 Cube Fitness Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Cube Fitness has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAGCC8353F1ZG | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Cube Fitness Private Limited, buy the company report.
Recent activity
Cube Fitness Private Limited has 6 board changes on record since 2018: 2 appointments and 4 cessations. The latest: Ankit Nagori ceased to be Director on 05 Sep 2019.
Frequently asked questions
Cube Fitness has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Cube Fitness was a private limited company based in Bangalore, Karnataka, India. The company worked in fitness centers and gyms, within the health and wellness services industry. It was incorporated on 20 February 2017 and is registered under CIN U74999KA2017PTC100658. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Cube Fitness was incorporated on 20 February 2017. It is registered with the Registrar of Companies, Bangalore.
Cube Fitness had 2 directors:
- Rishabh Telang - Director
- Mujtabha Khursheed Magrey - Director
The CIN (Corporate Identification Number) of Cube Fitness is U74999KA2017PTC100658. 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 Cube Fitness is at No. 17 & 17C Bda Sector 3 Hsr Layout, Bangalore, Karnataka, India – 560102.
The latest financial statements of Cube Fitness on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from FY 2017 are in the company report.
The GSTIN of Cube Fitness is 29AAGCC8353F1ZG, registered in Karnataka.
Cube Fitness operated in the health and wellness services industry, in the fitness centers and gyms segment.
The peers of Cube Fitness by revenue are Deccan-96 Fitness Private Limited, Sculptors Gym & Fitness Centre Private Limited, Moveza Fitness Private Limited, all in the Consumer Services industry (Gyms), with the same principal business activity (sports, amusement and recreation activities).
Cube Fitness has 1 court case on record: 1 filed by the company.
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