First Carbon Technologies Private Limited
About First Carbon Technologies Private Limited
Data last updated:
First Carbon Technologies Private Limited is a private limited company based in Surat, Gujarat, India, a subsidiary of Carbonyx Engineering (India) Private Limited. It operates in the industrial machinery manufacturing segment of the machinery and industrial equipment sector. It was incorporated on 10 January 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U72900GJ2008PTC052618. Its GSTIN is 24AABCF1702C1ZJ (Gujarat).
The company has an authorised share capital of ₹75 Cr and a paid-up capital of ₹75 Cr. It is led by directors including Shailesh Rangilbhai Patel (Managing Director) and Bharat Bhai Kanjibhai Patel.
Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at Pl.No. 21/A Op. Vaibhavlaxmi Soc. Puna – Magob Road Punagam, Surat, Gujarat, India – 395006.
As per the financials filed for FY 2021, the company reported a revenue of ₹34.07 Lakh, a decline of 46% compared to the previous year. For the same year it recorded a net loss of ₹16.1 Cr and EBITDA of -₹16.06 Cr. Revenue has declined at a compounded annual rate (CAGR) of 13% over three years and 6% over five years.
As per MCA filings, the company has satisfied charges of ₹63.29 Cr on record. Court records list 25 cases involving the company, including 5 filed by the company and 20 filed against it.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
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- Registered AddressPl.No. 21/A Op. Vaibhavlaxmi Soc. Puna – Magob Road Punagam, Surat, Gujarat, India – 395006
- IndustryMachinery and Equipment, Industrial Machinery Manufacturing
- 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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Financials of First Carbon Technologies Private Limited FY 2021 filings available
First Carbon Technologies Private Limited reported revenue of ₹34.07 Lakh (down 46% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR) of First Carbon Technologies Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 6% over five years, including a 46% fall in the latest year. EBITDA fell 191% 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 First Carbon Technologies Private Limited
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | ₹34.07 Lakh | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | -₹16.06 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹16.1 Cr | •••• | •••• | •••• | •••• |
| 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 First Carbon Technologies Private Limited
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | •••• | •••• | •••• | •••• | •••• |
| Net Profit Margin | •••• | •••• | •••• | •••• | •••• |
| 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 First Carbon Technologies are in the company report.
Financial statements from 2015
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.
Board of Directors of First Carbon Technologies Private Limited
First Carbon Technologies has 5 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Bharat Bhai Kanjibhai Patel | Director | 31 Mar 2008 | 18 Years 6 Months | Current |
| Hareshkumar Bhupatbhai Panchani Also directs: Carbonyx Engineering (India) Private Limited, Pyramid Infraprojects (India) Private Limited, Airus Solution LLP and 2 more | Director | 03 Aug 2013 | 13 Years 2 Months | Current |
| Bharat Madhav Patel | Director | 31 Mar 2008 | 18 Years 6 Months | Current |
| Manherlal Thakorbhai Patel | Director | 31 Mar 2008 | 18 Years 6 Months | Current |
| Shailesh Rangilbhai Patel Also directs: RSP Infracon LLP, Mascot Suryapur LLP, Carbonyx Engineering (India) Private Limited and 1 more | Managing Director | 10 Jan 2008 | 18 Years 9 Months | Current |
Peer Comparison of First Carbon Technologies Private Limited
First Carbon Technologies Private Limited is compared with the companies closest to it by revenue in the Machinery and Equipment industry (Industrial Products Manufacturers). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| VR Fans & Equipments Private Limited | ₹34.56 Lakh (FY 2024) | •••• | •••• | -15.0% | •••• | Mumbai, Maharashtra, India |
| Aditya Spring and Press Parts Private Limited | ₹34.55 Lakh (FY 2025) | •••• | •••• | 17.0% | •••• | Vadodara, Gujarat, India |
| Sunshine Lubes India Private Limited | ₹34.41 Lakh (FY 2025) | •••• | •••• | 31329.0% | •••• | Jaipur, Rajasthan, India |
| Cowin Technologies Private Limited | ₹34.41 Lakh (FY 2024) | •••• | •••• | 57.0% | •••• | Hyderabad, Telangana, India |
| Itechflow Private Limited | ₹34.41 Lakh (FY 2024) | •••• | •••• | 1522.0% | •••• | Jaipur, Rajasthan, India |
| First Carbon Technologies Private Limited this company | ₹34.07 Lakh (FY 2021) | •••• | •••• | -46.0% | •••• | Surat, Gujarat, India |
| Jaysheel Manufacture Private Limited | ₹34.01 Lakh (FY 2018) | •••• | •••• | -50.0% | •••• | Rajkot, Gujarat, India |
| Capri Cables Private Limited | ₹34 Lakh (FY 2021) | •••• | •••• | 50.0% | •••• | Secunderabad, Telangana, India |
| Rightmark Traders Private Limited | ₹33.97 Lakh (FY 2024) | •••• | •••• | 16.0% | •••• | Thrissur, Kerala, India |
| Armstrong Tracom Pvt Ltd | ₹33.94 Lakh (FY 2025) | •••• | •••• | 149.0% | •••• | Kolkata, West Bengal, India |
| Western Steel Drums Private Limited | ₹33.91 Lakh (FY 2025) | •••• | •••• | 0.0% | •••• | Mumbai, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below First Carbon Technologies by revenue in the Machinery and Equipment industry (Industrial Products Manufacturers), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of First Carbon Technologies Private Limited
First Carbon Technologies Private Limited is audited by Y B DESAI & ASSOCIATES for the financial year 2021.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Y B DESAI & ASSOCIATES | 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.
Ownership and Shareholding of First Carbon Technologies 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 First Carbon Technologies Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 14 Mar 2012 | Axis Bank | ₹29 Lakh | Satisfied |
| 04 Jun 2011 | Axis Bank Limited | ₹63 Cr | Satisfied |
Total charge records: 2 View all charges
Legal Cases of First Carbon Technologies Private Limited
First Carbon Technologies Private Limited has 25 court cases on record: 5 filed by First Carbon Technologies, 20 filed against it. All cases are disposed. Status as checked between 28 Sep 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 16 | 13 | 0 |
| High courts | 9 | 7 | 0 |
Cases on record (5 of 25)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Vadodara, Gujarat | Commercial matter | Filed by the company against Dakshin Gujarat Vij Company Limited | Disposed |
| District court, Pune, Maharashtra | Court case (Spl .Dkst) | Filed against the company by Eclipse Combustion Private Limited | Disposed |
| District court, Vadodara, Gujarat | Commercial matter | Filed against the company by Samsara Energy Limited | Disposed |
| District court, SURAT, Gujarat | Court case (EXE R) | Filed against the company by Samsara Energy Limited | Disposed |
| District court, Ahmedabad, Gujarat | Commercial matter | Filed by the company against Samsara Energy Limited | Disposed |
Full case history
All 25 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Employees and EPFO Compliance at First Carbon Technologies Private Limited
First Carbon Technologies Private Limited has a workforce of 0 employees as of Apr 05, 2024.
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 First Carbon Technologies Private Limited
First Carbon Technologies Private Limited has 9 board changes on record since 2008: 5 appointments and 4 cessations. The latest: Siddhartha Gaur ceased to be Nominee Director on 11 Mar 2021.
5 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for First Carbon Technologies 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 First Carbon Technologies 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 First Carbon Technologies 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 First Carbon Technologies Private Limited
First Carbon Technologies has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AABCF1702C1ZJ | Gujarat | 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 First Carbon Technologies 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 First Carbon Technologies Private Limited
First Carbon Technologies is an active private limited company based in Surat, Gujarat, India. The company works in industrial machinery manufacturing, within the machinery and equipment industry. It was incorporated on 10 January 2008 (18+ years old) and is registered under CIN U72900GJ2008PTC052618.
First Carbon Technologies reported revenue of ₹34.07 Lakh for FY 2021 (down 46% YoY).
First Carbon Technologies has 5 current directors:
- Shailesh Rangilbhai Patel - Managing Director
- Bharat Bhai Kanjibhai Patel - Director
- Hareshkumar Bhupatbhai Panchani - Director
- Bharat Madhav Patel - Director
- Manherlal Thakorbhai Patel - Director
First Carbon Technologies reported a net loss of ₹16.1 Cr and EBITDA of -₹16.06 Cr for FY 2021, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of First Carbon Technologies is -13% over three years and -6% over five years. In the latest year (FY 2021) revenue fell 46%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of First Carbon Technologies is 24AABCF1702C1ZJ, registered in Gujarat.
The CIN (Corporate Identification Number) of First Carbon Technologies is U72900GJ2008PTC052618. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
First Carbon Technologies has 25 court cases on record: 5 filed by the company and 20 filed against it. Most are in the district courts.
First Carbon Technologies was incorporated on 10 January 2008, making it 18+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of First Carbon Technologies by revenue are VR Fans & Equipments Private Limited, Aditya Spring and Press Parts Private Limited, Sunshine Lubes India Private Limited, Cowin Technologies Private Limited, Itechflow Private Limited and 5 more, all in the Machinery and Equipment industry (Industrial Products Manufacturers).
Siddhartha Gaur ceased to be Nominee Director on 11 Mar 2021. Hareshkumar Bhupatbhai Panchani was appointed as Director on 03 Aug 2013. Hareshkumar Bhupatbhai Panchani ceased to be Director on 08 Jul 2009. First Carbon Technologies has 9 board changes on record in total.