Cyfast Enterprises Private Limited
About Cyfast Enterprises Private Limited
Data last updated:
Cyfast Enterprises Private Limited was a private limited company based in Mumbai, Maharashtra, India, operated as a subsidiary of Afl 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 transportation and logistics segment of the transportation sector. It was incorporated on 28 August 2001.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U63090MH2001PTC133173. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹10 Cr and a paid-up capital of ₹1 Cr. It was led by directors including Statira Farrokh Wadia and Cyrus Jamshed Guzder.
Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office was at Afl House Lok Bharati Complex Marol – Maroshi Road Andheri (East), Mumbai, Maharashtra, India – 400059.
As per the financials filed for FY 2017, the company reported a revenue of ₹12.75 Lakh, a decline of 67% compared to the previous year. For the same year it recorded a net profit of ₹6.8 Lakh (net margin 53.3%) and EBITDA of ₹5.7 Lakh (EBITDA margin 44.7%).
As per MCA filings, the company had satisfied charges of ₹34.05 Cr on record. Court records list 7 cases involving the company, including 4 filed by the company and 3 filed against it; 1 case is pending. The company has 1 deal on record (1 acquisition); the latest was in June 2008.
Company details
Contact details
Cyfast Enterprises Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressAfl House Lok Bharati Complex Marol – Maroshi Road Andheri (East), Mumbai, Maharashtra, India – 400059
- IndustryTransportation, Transportation Services
To see the full contact details of Cyfast Enterprises 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
Financials of Cyfast Enterprises Private Limited
FY 2019 filings availableCyfast Enterprises Private Limited reported revenue of ₹12.75 Lakh (down 67% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue fell 67% in the latest year. EBITDA fell 68% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | |||
| Other Income | |||
| Total Revenue | ₹12.75 Lakh | ||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | ₹5.7 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | ₹6.8 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 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 44.7% | ||
| Net Profit Margin | 53.3% | ||
| 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 Cyfast Enterprises Private Limited, buy the company report.
Board of directors of Cyfast Enterprises Private Limited
Cyfast Enterprises has 3 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Statira Farrokh Wadia Also directs: Afl Private Limited, Guzder Eco Sensitive Areas Conservation Limited, N S Guzder and Company Private Limited and 4 more | Director | 21 Feb 2011 | 15 Years 8 Months | As last reported |
| Cyrus Jamshed Guzder Also directs: Seejay Comtrade and Consultancy LLP, Erangal Comtrade and Consultancy LLP, BDS Projects India Private Limited and 5 more | Director | 28 Aug 2001 | 25 Years 1 Months | As last reported |
| Farokh Jamshed Guzder Also directs: BDS Projects India Private Limited, Afl Private Limited, Indglobal Network Support Private Limited and 3 more | Director | 22 Aug 2008 | 18 Years 2 Months | As last reported |
Auditor
Cyfast Enterprises Private Limited is audited by S S Jhunjhunwala & co for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S S Jhunjhunwala & co | FY 2017 | 111926W |
Shareholding
The shareholding of Cyfast Enterprises Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Cyfast Enterprises Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 31 Oct 2009 | 10192381 | Sundaram Finance Limited | ₹45.26 Lakh | Satisfied | |
| 28 Aug 2008 | 10125784 | State Bank of India | ₹14.5 Cr | Satisfied | |
| 15 Jan 2007 | 10043394 | Sbi Commercial and International Bank Limited | ₹13.5 Cr | Satisfied | |
| 07 Apr 2006 | 10006293 | Tamilnad Mercantile Bank Ltd | ₹5 Cr | Satisfied | |
| 28 May 2005 | 90146874 | Hdfc Bank Ltd | ₹- | Satisfied |
To see the full charge records of Cyfast Enterprises Private Limited, buy the company report.
Total charge records: 8 View all charges
Deals & funding
Cyfast Enterprises Private Limited has 1 deal on record (1 acquisition); the latest was in June 2008.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jun 2008 | Acquisition | ₹4.98 Cr | Buyer: Afl Private Limited |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Cyfast Enterprises Private Limited has 7 court cases on record: 4 filed by Cyfast Enterprises, 3 filed against it. 1 case is pending and 6 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 4 | 0 | 1 |
| District courts | 3 | 3 | 0 |
Cases on record (5 of 7)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Tax appeal | Filed by the company against Deputy Commissioner of Income Tax, Circle-10 (3) | Pending |
| Bombay High Court | Court case (CSP) | Filed by the company against an individual | Disposed |
| Bombay High Court | Appeal | Filed by the company against an individual | Disposed |
| Bombay High Court | Court case (CSD) | Filed by the company against an individual | Disposed |
| District court, Central, Delhi | Civil suit | Filed against the company by Oriental Insurance Co Ltd | Disposed |
To see the full case history of Cyfast Enterprises 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 Cyfast Enterprises Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Cyfast Enterprises 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 Cyfast Enterprises Private Limited, buy the company report.
Recent activity
Cyfast Enterprises Private Limited has 8 board changes on record since 2001: 3 appointments and 5 cessations. The latest: Statira Farrokh Wadia ceased to be Additional Director on 29 Sep 2011.
18 earlier events are in the company report.
Frequently asked questions
Cyfast Enterprises 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.
Cyfast Enterprises was a private limited company based in Mumbai, Maharashtra, India. The company worked in transportation services, within the transportation industry. It was incorporated on 28 August 2001 and is registered under CIN U63090MH2001PTC133173. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Cyfast Enterprises was incorporated on 28 August 2001. It is registered with the Registrar of Companies, Mumbai.
Cyfast Enterprises had 3 directors:
- Statira Farrokh Wadia - Director
- Cyrus Jamshed Guzder - Director
- Farokh Jamshed Guzder - Director
The CIN (Corporate Identification Number) of Cyfast Enterprises is U63090MH2001PTC133173. 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 Cyfast Enterprises is at Afl House Lok Bharati Complex Marol – Maroshi Road Andheri East, Mumbai, Maharashtra, India – 400059.
The latest financial statements of Cyfast Enterprises on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 30 September 2019. Year-wise statements from 2015 are in the company report.
No. Cyfast Enterprises has 1 GST registration on record and it is cancelled or inactive.
Cyfast Enterprises operated in the transportation industry, in the transportation services segment.
Cyfast Enterprises has 1 deal on record (1 acquisition); the latest was in June 2008.