About Firefly Energy Limited
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Firefly Energy Limited is a public limited company based in Ahmedabad, Gujarat, India, a subsidiary of Maple Capital Holdings Ltd. Singapur. It operates in the metal foundry and fabrication services segment of the engineering sector. It was incorporated on 15 July 1993 and has been in existence for over 33 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U29219GJ1993PLC019848. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹10 Cr and a paid-up capital of ₹4.71 Cr. It was formerly known as Alpha-Nippon Innovatives Private Limited and Alpha Nippon Innovatives Limited. It is led by directors including Sanjay Dashrathlal Patel and Ashish Viklifbhai Christian.
Its last annual general meeting (AGM) was held on 30 September 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office is at Plot No. 15 & 20 Changodar Ind.State Sarkhej – Bavla Highway Changodar, Ahmedabad, Gujarat, India – 382213.
As per the financials filed for FY 2017, the company reported a revenue of ₹15.71 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹27.45 Lakh (net margin -174.7%) and EBITDA of -₹3.68 Lakh (EBITDA margin -23.5%). Revenue has declined at a compounded annual rate (CAGR) of 80% over three years.
The company is associated with 1 brand: Firefly International Energy. As per MCA filings, the company has open charges of ₹14.94 Cr on record. Court records list 11 cases involving the company, including 2 filed by the company and 9 filed against it; 6 cases are pending.
The current compliance status is marked as active non-compliant by the Registrar of Companies. For more details, the company can be reached via its website fireflyenergy.com.
Company details
Name history
Firefly Energy has undergone 3 name changes throughout its history. The company was previously known as Alpha-Nippon Innovatives Private Limited, Alpha Nippon Innovatives Limited, and Alpha-Nippon Innovatives Limited. The current legal name is Firefly Energy Limited.
| Company Name | Status |
|---|---|
| Firefly Energy Limited | Current |
| Alpha-Nippon Innovatives Private Limited | Previous |
| Alpha Nippon Innovatives Limited | Previous |
| Alpha-Nippon Innovatives Limited | Previous |
CIN history
Firefly Energy has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U29219GJ1993PLC019848, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U29219GJ1993PLC019848 | Current |
| U31109GJ1993PLC019848 | Previous |
| U36100GJ1993PLC019848 | Previous |
Contact details
Firefly Energy Limited's registered office is in Ahmedabad, Gujarat. Its website is fireflyenergy.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressPlot No. 15 & 20 Changodar Ind.State Sarkhej – Bavla Highway Changodar, Ahmedabad, Gujarat, India – 382213
- IndustryEngineering, Metal Foundry & Fabrication Services
To see the full contact details of Firefly Energy 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
Brands
Firefly Energy operates one associated brand: Firefly International Energy. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Lead-acid battery technologies, including microcell foam-based systems, are provided. | fireflyenergy.com |
Business activity
The main business activity of Firefly Energy is manufacturing. In detail, this covers metal and metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products |
To see the full business activity and turnover split of Firefly Energy Limited, buy the company report.
Financials of Firefly Energy Limited
FY 2017 filings availableFirefly Energy Limited reported revenue of ₹15.71 Lakh (up 212% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue rose 212% in the latest year, though over three years it has declined at a compounded annual rate (CAGR) of 80%. EBITDA rose 56% 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 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | |||
| Other Income | |||
| Total Revenue | ₹15.71 Lakh | ||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | -₹3.68 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹27.45 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 | -23.5% | ||
| Net Profit Margin | -174.7% | ||
| 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 | |||
To see the full financial statements and ratios of Firefly Energy Limited, buy the company report.
Board of directors of Firefly Energy Limited
Firefly Energy has 3 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sanjay Dashrathlal Patel Also directs: Soham Technologies Private Limited | Additional Director | 04 Mar 2016 | 10 Years 7 Months | Current |
| Ashish Viklifbhai Christian | Additional Director | 21 Aug 2012 | 14 Years 2 Months | Current |
| Chaturbhai Ambaram Prajapati | Additional Director | 19 Jan 2012 | 14 Years 9 Months | Current |
Auditor
Firefly Energy Limited is audited by BHAVIK PATEL & ASSOCIATES for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| BHAVIK PATEL & ASSOCIATES | FY 2017 | 136710W |
Shareholding
The shareholding of Firefly Energy Limited is on record for 3 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Firefly Energy Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Mar 2012 | 10351717 | The Bhagyodaya Co-Operative Bank Limited | ₹7 Lakh | Open | |
| 17 Oct 2005 | 80030895 | Punjab National Bank | ₹7.09 Cr | Open | |
| 15 Oct 2005 | 80030292 | Punjab National Bank | ₹7.09 Cr | Open | |
| 26 Mar 2003 | 90102247 | Union Bank of India | ₹18 Lakh | Open | |
| 29 Jan 2002 | 90102152 | Union Bank of India | ₹50 Lakh | Open |
To see the full charge records of Firefly Energy Limited, buy the company report.
Total charge records: 5 View all charges
Legal cases
Firefly Energy Limited has 11 court cases on record: 2 filed by Firefly Energy, 9 filed against it. 6 cases are pending and 5 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 7 | 7 | 3 |
| High courts | 4 | 2 | 3 |
Cases on record (5 of 11)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ahmedabad, Gujarat | Commercial matter | Filed against the company by an individual | Pending |
| High Court, MAHARASHTRA | Appeal | Filed against the company by Anil Patel C/O Tim Engineering Private Limited Sunil Chandulal Patel | Pending |
| High Court, MAHARASHTRA | Appeal | Filed against the company by individuals | Pending |
| High Court, MAHARASHTRA | Appeal | Filed by the company against individuals | Pending |
| District court, Ahmedabad, Gujarat | Court case (CBI CC) | Filed against the company by an individual | Pending |
To see the full case history of Firefly Energy 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 Firefly Energy Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Firefly Energy 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 Firefly Energy Limited, buy the company report.
Recent activity
Firefly Energy Limited has 11 board changes on record since 2009: 3 appointments and 8 cessations. The latest: Bharatkumar Dwarkadas Patel ceased to be Director on 08 Mar 2016.
10 earlier events are in the company report.
Frequently asked questions
Firefly Energy is an active public limited company based in Ahmedabad, Gujarat, India. The company works in metal foundry and fabrication services, within the engineering industry. It was incorporated on 15 July 1993 (33+ years old) and is registered under CIN U29219GJ1993PLC019848.
Firefly Energy has 3 current directors:
- Sanjay Dashrathlal Patel - Additional Director
- Ashish Viklifbhai Christian - Additional Director
- Chaturbhai Ambaram Prajapati - Additional Director
The latest financial statements of Firefly Energy on record with the MCA are for the year ended 31 March 2017. Its last annual general meeting was held on 30 September 2017. Year-wise statements from 2015 are in the company report.
No. Firefly Energy has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Firefly Energy is U29219GJ1993PLC019848. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Firefly Energy has 11 court cases on record: 2 filed by the company and 9 filed against it. 6 are pending. Most are in the district courts.
Firefly Energy was incorporated on 15 July 1993, making it 33+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Bharatkumar Dwarkadas Patel ceased to be Director on 08 Mar 2016. Sanjay Dashrathlal Patel was appointed as Additional Director on 04 Mar 2016. Ashwinbhai Jivrambhai Panchal ceased to be Additional Director on 04 Jun 2013. Firefly Energy has 11 board changes on record in total.
Firefly Energy can be reached through the website fireflyenergy.com. Its registered office is in Ahmedabad, Gujarat, India.
The registered office of Firefly Energy is at Plot No. 15 & 20 Changodar Ind.State Sarkhej – Bavla Highway Changodar, Ahmedabad, Gujarat, India – 382213.