Firestone Trading Private Limited
About Firestone Trading Private Limited
Data last updated:
Firestone Trading Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the solar energy solutions segment of the environmental services sector. It was incorporated on 19 February 1999 and has been in existence for over 27 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U51900MH1999PTC118442. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹1.24 Cr. It is led by directors Hemant Dahyalal Bhatt and Paresh Pravinbhai Rathod.
Its last annual general meeting (AGM) was held on 30 August 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2017, the company reported a revenue of ₹6.41 Cr, a decline of 7% compared to the previous year. For the same year it recorded a net loss of ₹69.34 Lakh (net margin -10.8%) and EBITDA of ₹5.35 Cr (EBITDA margin 83.5%).
As per MCA filings, the company has open charges of ₹2,919.2 Cr and satisfied charges of ₹14.72 Cr on record. Court records list 3 cases involving the company, including 1 filed by the company and 2 filed against it; 1 case is pending.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
Contact details
Firestone Trading Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered AddressAe – 4050 4th Floor A Tower East Wing Bharat Diamond Bourse G – Block BKC Ban, Dra (East), Mumbai, Maharashtra, India – 400051
- IndustryEnvironment, Solar Energy Solutions
To see the full contact details of Firestone Trading 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
Business activity
The main business activity of Firestone Trading is electricity, gas, steam and air condition supply. In detail, this covers electric power generation, transmission and distribution.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| D | Electricity, gas, steam and air condition supply | D1 | Electric power generation, transmission and distribution |
To see the full business activity and turnover split of Firestone Trading Private Limited, buy the company report.
Financials of Firestone Trading Private Limited
FY 2017 filings availableFirestone Trading Private Limited reported revenue of ₹6.41 Cr (down 7% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue fell 7% in the latest year. EBITDA fell 7% 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 | ₹6.41 Cr | ||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | ₹5.35 Cr | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹69.34 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 | 83.5% | ||
| Net Profit Margin | -10.8% | ||
| 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 Firestone Trading Private Limited, buy the company report.
Board of directors of Firestone Trading Private Limited
Firestone Trading has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Hemant Dahyalal Bhatt | Director | 19 Feb 1999 | 27 Years 8 Months | Current |
| Paresh Pravinbhai Rathod | Director | 03 Jun 2017 | 9 Years 4 Months | Current |
Peer comparison
Firestone Trading Private Limited is compared with the 5 companies closest to it by revenue in the Cleantech industry (Solar Power), with the same principal business activity (electric power generation, transmission and distribution), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| TP Akkalkot Renewable Limited | ₹6.44 Cr (FY 2025) | -7.0% | Mumbai, Maharashtra, India | |||
| O2 Renewable Energy IV Private Limited | ₹6.42 Cr (FY 2025) | 116.0% | New Delhi, Delhi, India | |||
| Fpel Maha 2 Private Limited | ₹6.41 Cr (FY 2025) | 10.0% | Hyderabad, Telangana, India | |||
| Firestone Trading Private Limitedthis company | ₹6.41 Cr (FY 2017) | -₹69.34 Lakh | -10.8% | -7.0% | Mumbai, Maharashtra, India | |
| Clean Max Cogen Solutions Private Limited | ₹6.38 Cr (FY 2025) | 7.0% | Mumbai, Maharashtra, India | |||
| Salasar Green Energy Private Limited | ₹6.37 Cr (FY 2025) | 0.0% | Bareilly, Uttar Pradesh, India |
To see the full peer comparison of Firestone Trading Private Limited, buy the company report.
Auditor
Firestone Trading Private Limited is audited by SAMPAT & MEHTA for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SAMPAT & MEHTA | FY 2017 | 109031W |
Shareholding
The shareholding of Firestone Trading Private 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 Firestone Trading Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 11 Sep 2015 | 10595354 | Punjab National Bank | ₹400 Cr | Open | |
| 07 Nov 2014 | 10533306 | Pnb Investment Services Limited | ₹2,480 Cr | Open | |
| 24 Feb 2012 | 10338495 | Union Bank of India | ₹39.2 Cr | Open | |
| 15 Jun 2007 | 10061471 | Punjab National Bank | ₹11.42 Cr | Satisfied | |
| 17 Dec 2004 | 90145573 | Andhra Bank | ₹1.05 Cr | Satisfied |
To see the full charge records of Firestone Trading Private Limited, buy the company report.
Total charge records: 6 View all charges
Legal cases
Firestone Trading Private Limited has 3 court cases on record: 1 filed by Firestone Trading, 2 filed against it. 1 case is pending and 2 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 1 | 0 |
| District courts | 1 | 1 | 1 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai City Civil Court, Maharashtra | Court case (PMLA SPL CASE) | Filed against the company by an individual | Pending |
| Bombay High Court | Writ petition | Filed against the company | Disposed |
| High Court of Delhi | Writ petition | Filed by the company against NTPC Vidyut Vyapar Nbigam Ltd and Anr | Disposed |
To see the full case history of Firestone Trading 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 Firestone Trading Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Firestone Trading 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 Firestone Trading Private Limited, buy the company report.
Recent activity
Firestone Trading Private Limited has 5 board changes on record since 1999: 2 appointments and 3 cessations. The latest: Paresh Pravinbhai Rathod was appointed as Director on 03 Jun 2017.
7 earlier events are in the company report.
Frequently asked questions
Firestone Trading is an active private limited company based in Mumbai, Maharashtra, India. The company works in solar energy solutions, within the environment industry. It was incorporated on 19 February 1999 (27+ years old) and is registered under CIN U51900MH1999PTC118442.
Firestone Trading has 2 current directors:
- Hemant Dahyalal Bhatt - Director
- Paresh Pravinbhai Rathod - Director
The latest financial statements of Firestone Trading on record with the MCA are for the year ended 31 March 2017. Its last annual general meeting was held on 30 August 2017. Year-wise statements from 2015 are in the company report.
No. Firestone Trading has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Firestone Trading is U51900MH1999PTC118442. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Firestone Trading has 3 court cases on record: 1 filed by the company and 2 filed against it. 1 is pending. Most are in the high courts.
Firestone Trading was incorporated on 19 February 1999, making it 27+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Firestone Trading by revenue are TP Akkalkot Renewable Limited, O2 Renewable Energy IV Private Limited, Fpel Maha 2 Private Limited, Clean Max Cogen Solutions Private Limited, Salasar Green Energy Private Limited, all in the Cleantech industry (Solar Power), with the same principal business activity (electric power generation, transmission and distribution).
Paresh Pravinbhai Rathod was appointed as Director on 03 Jun 2017. Yogeshbhai Bhayabhai Hadiya ceased to be Director on 03 Jun 2017. Nirav Deepak Modi ceased to be Director on 15 Mar 2016. Firestone Trading has 5 board changes on record in total.
The registered office of Firestone Trading is at Ae – 4050 4th Floor A Tower East Wing Bharat Diamond Bourse G – Block BKC Ban, Dra East, Mumbai, Maharashtra, India – 400051.
Firestone Trading operates in the environment industry, in the solar energy solutions segment.