Ferolite Jointings Limited.

Manufacturer and supplier of asbestos and non-asbestos products for various industries, with global exports.

1989 | Delhi (India) | Active
Last Updated:

Ferolite Jointings Profile

Key Indicators

  • Authorised Capital ₹ 9.00 M
  • Paid Up Capital ₹ 2.83 M
  • Company Age 35 Year, 7 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 1.00 M
  • Satisfied Charges ₹ 21.33 Cr
  • Revenue Growth 24.30%
  • Profit Growth 22.05%
  • Ebitda 19.83%
  • Net Worth -4.07%
  • Total Assets -1.93%

About Ferolite Jointings

Ferolite Jointings Limited. (FJL) is a leading Public Limited Indian Non-Government Company incorporated in India on 23 October 1989 and has a history of 35 years and seven months. Its registered office is in Delhi, India.

The Corporate was formerly known as Ferolite Jointings Private Limited. The Company is engaged in the Manufacturing Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 9.00 M and a paid-up capital of Rs 2.83 M.

The company currently has active open charges totaling ₹1.00 M. The company has closed loans amounting to ₹21.33 Cr, as per Ministry of Corporate Affairs (MCA) records.

Ashok Sharma, Akshay Sharma, and Sudha Sharma serve as directors at the Company.

Company Details

  • Location

    Delhi, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U36999DL1989PLC038118

  • Company No.

    038118

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    23 Oct 1989

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Manufacturing

What products or services does Ferolite Jointings Limited. offer?

Ferolite Jointings Limited. offers a wide range of products and services, including Rubber Gaskets and Gasket Material, Gasket Sheet, Yarns & Threads, Fibers, Seals, Oil Seals & Industrial Seals, Seals, Bricks & Construction Aggregates, Building Materials, Metal Gasket, Automotive Gaskets.

Company report

Ferolite Jointings Limited.

Explore comprehensive data for Ferolite Jointings Limited., including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Ferolite Jointings?

Executive Team (1)

NameDesignationAppointment DateStatus
Ashok Sharma Country flag representing In Managing Director28-Oct-1991Current

Board Members (2)

NameDesignationAppointment DateStatus
Akshay Sharma Country flag representing In Whole-Time Director 24-Mar-2000Current
Sudha Sharma Country flag representing In Director 22-Dec-2010Current

Financial Performance of Ferolite Jointings.

Ferolite Jointings Limited., for the financial year ended 2023, experienced significant growth in revenue, with a 24.3% increase. The company also saw a substantial improvement in profitability, with a 22.05% increase in profit. The company's net worth dipped by a decrease of 4.07%.

Ferolite Jointings revenue growth over time
Ferolite Jointings profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
24.30%
Revenue from Operations
23.44%
Total Assets
-1.93%
Profit or Loss
22.05%
Net Worth
-4.07%
EBITDA
19.83%

What is the Ownership and Shareholding Structure of Ferolite Jointings?

In 2023, Ferolite Jointings had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹1.00 M

Satisfied Charges

₹213.30 M

Charges Breakdown by Lending Institutions

  • Others : 0.10 Cr

Latest Charge Details

DateLenderAmountStatus
03 Sep 2016Others₹1.00 MOpen
30 Mar 2009Punjab National Bank₹0.47 MSatisfied
16 Sep 2003The Pradeshiya Industrial & Investment Corp. Of U.P. Ltd₹5.50 MSatisfied
12 Oct 2002The Pradeshiya Industrial & Investment Corp. Of U.P. Ltd₹4.60 MSatisfied
29 May 2002Punjab National Bank₹4.61 CrSatisfied

How Many Employees Work at Ferolite Jointings?

Ferolite Jointings has a workforce of 96 employees as of Mar 30, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee growth trends for Ferolite Jointings Limited.

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Ferolite Jointings, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Ferolite Jointings's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Ferolite Jointings

Recent activity within the organization

  • Annual General Meeting

    Ferolite Jointings Limited. last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

  • Charges

    A charge with Others of Rs. 1.00 M registered on 03 Sep 2016 with Charge ID 100098714 was modified on 21 Jul 2023.

  • Balance Sheet

    Ferolite Jointings Limited. has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Delhi.

  • Charges

    A charge registered on 30 Mar 2009 via Charge ID 10158824 with Punjab National Bank was fully satisfied on 09 May 2017.

  • Charges

    A charge registered on 29 May 2002 via Charge ID 90062562 with Punjab National Bank was fully satisfied on 09 May 2017.

  • Charges

    A charge registered on 11 Apr 2002 via Charge ID 90062516 with Punjab National Bank was fully satisfied on 09 May 2017.

Frequently asked questions

  • What is the Incorporation or founding date of Ferolite Jointings Limited.?

    Ferolite Jointings Limited. was incorporated on 23 Oct 1989.

  • What is authorized share capital and paid-up capital of Ferolite Jointings Limited.?

    The authorized share capital of Ferolite Jointings Limited. is ₹ 9.00 M and paid-up capital is ₹ 2.83 M.

  • Who are the current board members & directors of Ferolite Jointings Limited.?

    Currently 3 directors are associated with Ferolite Jointings Limited..

    • Ashok Kumar Sharma
    • Akshay Sharma
    • Sudha Sharma

  • What is the registered address of Ferolite Jointings Limited.?

    As per Ministry of Corporate Affairs (Mca), the registered address of Ferolite Jointings Limited. is Basement B-2 B-3 Ashish Complex Plot-3, New Rajdhani Enclave India, Delhi, 110092.

  • What is the corporate identification number (CIN) and company number of Ferolite Jointings Limited.?

    The corporate identification number (CIN) of Ferolite Jointings Limited. is U36999DL1989PLC038118 and the company number is 038118 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Ferolite Jointings Limited.?

    The Official website of Ferolite Jointings Limited. is https://www.ferolite.com

  • What has been the recent revenue trend for Ferolite Jointings Limited.?

    According to the financial reports for the fiscal year 2023, the revenue trend for Ferolite Jointings Limited. has risen by 24.30%.

  • How many employees does Ferolite Jointings Limited. currently have?

    As Per 2023 financial reports, 96 employees are currently employed by Ferolite Jointings Limited..

  • What change has been observed in the net worth of Ferolite Jointings Limited., and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Ferolite Jointings Limited. has experienced an downturn of -4.07%.

  • What are the total open charges for Ferolite Jointings Limited.?

    As per the financial statements for fiscal Year 2023, The total open charges for Ferolite Jointings Limited. amount to ₹ 1.00 M.

  • When was the last Balance Sheet of Ferolite Jointings Limited. filed with the ROC?

    The most recent Balance Sheet for Ferolite Jointings Limited. was filed with the ROC on 31 Mar 2023.

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