Elastofusion India Private Limited
About Elastofusion India Private Limited
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Elastofusion India Private Limited is a private limited company based in Mahim Mumbai, Maharashtra, India. It operates in the rubber and products segment of the manufacturing sector. It was incorporated on 07 February 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U24100MH2016PTC272850. Its GSTIN is 27AAECE1810H1Z0 (Maharashtra).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors Atul Vijaykumar Patankar and Ketki Atul Patankar.
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 is at A – 24 Floor 3rd A Ultra Chs Ltd Lt.Dilip Gupte Marg Shivaji Park, Mahim Mumbai, Maharashtra, India – 400016.
As per the financials filed for FY 2022, the company reported a revenue of ₹75.81 Lakh, a decline of 44% compared to the previous year. For the same year it recorded a net loss of ₹21.73 Lakh (net margin -28.7%) and EBITDA of -₹20.91 Lakh (EBITDA margin -27.6%). Revenue has declined at a compounded annual rate (CAGR) of 33% over three years and 3% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered AddressA – 24 Floor 3rd A Ultra Chs Ltd Lt.Dilip Gupte Marg Shivaji Park, Mahim Mumbai, Maharashtra, India – 400016
- IndustryManufacturing, Rubber & Products, Plastic & Resins
- 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
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Business Activity of Elastofusion India Private Limited
The main business activity of Elastofusion India is manufacturing. In detail, this covers chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C6 | Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Elastofusion India Private Limited FY 2023 filings available
Elastofusion India Private Limited reported revenue of ₹75.81 Lakh (down 44% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR) of Elastofusion India Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 3% over five years, including a 44% fall 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 of Elastofusion India Private Limited
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | -₹20.91 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹21.73 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 of Elastofusion India Private Limited
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -27.6% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -28.7% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Elastofusion India are in the company report.
Financial statements from FY 2016
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Elastofusion India Private Limited
Elastofusion India Private Limited is compared with the companies closest to it by revenue in the Manufacturing industry (Plastics and Resins, Rubber). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Spectrum Elastomers (India) Private Limited | •••• | •••• | •••• | •••• | - | Hyderabad, Telangana, India |
| Ramapuram Plantations Private Limited | •••• | •••• | •••• | •••• | - | Bangalore, Karnataka, India |
| Kinger Plast (India) Private Limited | •••• | •••• | •••• | •••• | - | Delhi, India |
| Anand Rubber and Plastics Private Limited | •••• | •••• | •••• | •••• | - | Haryana, India |
| Mask Rubber Products Private Limited | •••• | •••• | •••• | •••• | - | Pune, Maharashtra, India |
| Elastofusion India Private Limited this company | •••• | •••• | •••• | •••• | - | Mahim Mumbai, Maharashtra, India |
| Amd Global Caps Private Limited | •••• | •••• | •••• | •••• | - | Delhi, India |
| Chennai Pet Packing Private Limited | •••• | •••• | •••• | •••• | - | Salem, Tamil Nadu, India |
| Maynamata Plasto Industries Private Limited | •••• | •••• | •••• | •••• | - | Siliguri, West Bengal, India |
| Kim Plastics Pvt Ltd | •••• | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
| Magna Rubber Floorings Private Limited | •••• | •••• | •••• | •••• | - | Chennai, Tamil Nadu, India |
Peers are the five companies nearest above and the five nearest below Elastofusion India by revenue in the Manufacturing industry (Plastics and Resins, Rubber), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Auditor Details of Elastofusion India Private Limited
Elastofusion India Private Limited is audited by A S DESAI & CO for the financial year 2019.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| A S DESAI & CO | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Elastofusion India Private Limited
Elastofusion India has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Atul Vijaykumar Patankar Also directs: Lotrec Asiapacific Private Limited | Director | 07 Feb 2016 | 10 Years 8 Months | Current |
| Ketki Atul Patankar | Director | 07 Feb 2016 | 10 Years 8 Months | Current |
Ownership and Shareholding of Elastofusion India Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Elastofusion India Private Limited
Elastofusion India Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Elastofusion India Private Limited
Employment history and EPFO contributions of people linked to Elastofusion India.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Elastofusion India Private Limited
Elastofusion India Private Limited has 2 board changes on record since 2016: 2 appointments. The latest: Atul Vijaykumar Patankar was appointed as Director on 07 Feb 2016.
Credit Ratings, Litigation & Regulatory Alerts for Elastofusion India Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Elastofusion India Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Elastofusion India Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Elastofusion India Private Limited
Elastofusion India has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAECE1810H1Z0 | Maharashtra | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Elastofusion India Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Elastofusion India Private Limited
Elastofusion India is an active private limited company based in Mahim Mumbai, Maharashtra, India. The company works in rubber and products, within the manufacturing industry. It was incorporated on 07 February 2016 (10+ years old) and is registered under CIN U24100MH2016PTC272850.
Elastofusion India reported revenue of ₹75.81 Lakh for FY 2022 (down 44% YoY).
Elastofusion India has 2 current directors:
- Atul Vijaykumar Patankar - Director
- Ketki Atul Patankar - Director
Elastofusion India reported a net loss of ₹21.73 Lakh (net margin -28.7%) and EBITDA of -₹20.91 Lakh (EBITDA margin -27.6%) for FY 2022, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Elastofusion India is -33% over three years and -3% over five years. In the latest year (FY 2022) revenue fell 44%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Elastofusion India is 27AAECE1810H1Z0, registered in Maharashtra.
The CIN (Corporate Identification Number) of Elastofusion India is U24100MH2016PTC272850. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Elastofusion India was incorporated on 07 February 2016, making it 10+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Elastofusion India by revenue are Spectrum Elastomers (India) Private Limited, Ramapuram Plantations Private Limited, Kinger Plast (India) Private Limited, Anand Rubber and Plastics Private Limited, Mask Rubber Products Private Limited and 5 more, all in the Manufacturing industry (Plastics and Resins, Rubber).
Atul Vijaykumar Patankar was appointed as Director on 07 Feb 2016. Ketki Atul Patankar was appointed as Director on 07 Feb 2016.
The registered office of Elastofusion India is at A – 24 Floor 3rd A Ultra Chs Ltd Lt.Dilip Gupte Marg Shivaji Park, Mahim Mumbai, Maharashtra, India – 400016.