About Fasto Engineering Private Limited
Data last updated:
Fasto Engineering Private Limited was a private limited company based in Thane, Maharashtra, India. The company has been converted to a Limited Liability Partnership (LLP) and no longer exists as a company. For the latest details, refer to the successor LLP. It operated in the process machinery and industrial equipment segment of the machinery and industrial equipment sector. It was incorporated on 04 February 1986.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U99999MH1986PTC038846. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹50 Lakh and a paid-up capital of ₹25 Lakh.
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 Plot No A – 322 Road No 21 Wagle Industrial Estate, Thane, Maharashtra, India – 400604.
As per the financials filed for FY 2019, the company reported a revenue of ₹13.69 Lakh, a decline of 1% compared to the previous year. For the same year it recorded a net loss of ₹24.01 Lakh (net margin -175.4%) and EBITDA of -₹19.25 Lakh (EBITDA margin -140.6%). Revenue has grown at a compounded annual rate (CAGR) of 164% over three years.
As per MCA filings, the company has satisfied charges of ₹13.47 Cr on record. Court records list 9 cases involving the company, including 8 filed by the company and 1 filed against it.
The last known website on record is fastoengineer.com.
Company details
Contact details
Fasto Engineering Private Limited's registered office is in Thane, Maharashtra. Its website is fastoengineer.com. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressPlot No A – 322 Road No 21 Wagle Industrial Estate, Thane, Maharashtra, India – 400604
- IndustryMachinery and Equipment, Process Machinery & Industrial Equipment
To see the full contact details of Fasto Engineering 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 Fasto Engineering Private Limited
FY 2019 filings availableFasto Engineering Private Limited reported revenue of ₹13.69 Lakh (down 1% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue fell 1% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 164%. EBITDA rose 10% 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹13.69 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹19.25 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹24.01 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -140.6% | ||||
| Net Profit Margin | -175.4% | ||||
| 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 Fasto Engineering Private Limited, buy the company report.
Board of directors of Fasto Engineering Private Limited
Fasto Engineering has 2 former directors on record and no current directors listed.
Peer comparison
Fasto Engineering Private Limited is compared with the 3 companies closest to it by revenue in the Machinery and Equipment industry (Hydraulic Equipment), with the same principal business activity (repair & installation of machinery & equipment, motor vehicles), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Faridabad Industrial Automation Company Pvt. Ltd. | ₹19.73 Lakh (FY 2021) | -47.0% | New Delhi, Delhi, India | |||
| Eastern Hydraulics Private Limited | ₹18.16 Lakh (FY 2024) | -21.0% | Kolkata, West Bengal, India | |||
| Fasto Engineering Private Limitedthis company | ₹13.69 Lakh (FY 2019) | -₹24.01 Lakh | -175.4% | -1.0% | Thane, Maharashtra, India | |
| Evershine Hydraulics System Private Limited | ₹8.48 Lakh (FY 2025) | 5.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Fasto Engineering Private Limited, buy the company report.
Auditor
Fasto Engineering Private Limited is audited by R G MULEY & CO for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| R G MULEY & CO | FY 2019 | 106668W |
Shareholding
The shareholding of Fasto Engineering Private Limited is on record for 3 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Fasto Engineering Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 25 Feb 2014 | 10484266 | The Thane Janata Sahakari Bank Limited | ₹2.5 Cr | Satisfied | |
| 24 Dec 2012 | 10398376 | The Thane Janata Sahakari Bank Limited | ₹9 Lakh | Satisfied | |
| 31 Jan 2011 | 10274266 | The Thane Janata Sahakari Bank Limited | ₹20 Lakh | Satisfied | |
| 08 Dec 2010 | 10261235 | The Thane Janta Sahakari Bank Limited | ₹20 Lakh | Satisfied | |
| 05 Aug 2010 | 10234494 | Small Industries Development Bank of India | ₹14 Lakh | Satisfied |
To see the full charge records of Fasto Engineering Private Limited, buy the company report.
Total charge records: 26 View all charges
Legal cases
Fasto Engineering Private Limited has 9 court cases on record: 8 filed by Fasto Engineering, 1 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 9 | 1 | 0 |
Cases on record (5 of 9)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Thane, Maharashtra | Civil suit | Filed by the company against Ms. Narmada Offshore and Technical Services Pvt. Ltd. and 1 other | Disposed |
| District court, Thane, Maharashtra | Civil suit | Filed by the company against Narmada Offshore and Technical Services Pvt. Ltd. | Disposed |
| District court, Pune, Maharashtra | Court case (MACP. Dkst.) | Filed against the company by an individual | Disposed |
| District court, Thane, Maharashtra | Court case (M.A.N.R.J.I.) | Filed by the company against M/S S. S. Engineers Through Its Properietor Sanjaykumar Patil | Disposed |
| District court, Thane, Maharashtra | Court case (Spl .Dkst) | Filed by the company against an individual | Disposed |
To see the full case history of Fasto Engineering 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 Fasto Engineering Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Fasto Engineering Private Limited has 1 active EPFO establishment as of Apr 07, 2024.
GST
Fasto Engineering 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 Fasto Engineering Private Limited, buy the company report.
Recent activity
Fasto Engineering Private Limited has 2 board changes on record since 2019: 0 appointments and 2 cessations. The latest: Hemant Tukaram Mondkar ceased to be Beneficial Owner on 11 Dec 2019.
50 earlier events are in the company report.
Frequently asked questions
Fasto Engineering has been "Converted to LLP" - the business changed its legal structure from a company to a Limited Liability Partnership. The original company no longer exists in its previous form. For the latest information, refer to the successor LLP entity registered with MCA.
Fasto Engineering was a private limited company based in Thane, Maharashtra, India. The company worked in process machinery and industrial equipment, within the machinery and equipment industry. It was incorporated on 04 February 1986 and is registered under CIN U99999MH1986PTC038846. For the latest details, refer to the successor LLP entity.
The CIN (Corporate Identification Number) of Fasto Engineering is U99999MH1986PTC038846. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Fasto Engineering was incorporated on 04 February 1986. It is registered with the Registrar of Companies, Mumbai.
Fasto Engineering can be reached through the website fastoengineer.com. Its registered office is in Thane, Maharashtra, India.
The registered office of Fasto Engineering is at Plot No A – 322 Road No 21 Wagle Industrial Estate, Thane, Maharashtra, India – 400604.
The latest financial statements of Fasto Engineering 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. Fasto Engineering has 1 GST registration on record and it is cancelled or inactive.
Fasto Engineering operated in the machinery and equipment industry, in the process machinery and industrial equipment segment.
The peers of Fasto Engineering by revenue are Faridabad Industrial Automation Company Pvt. Ltd, Eastern Hydraulics Private Limited, Evershine Hydraulics System Private Limited, all in the Machinery and Equipment industry (Hydraulic Equipment), with the same principal business activity (repair & installation of machinery & equipment, motor vehicles).
Fasto Engineering has 9 court cases on record: 8 filed by the company and 1 filed against it.