MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-PB-12-0011542
Fitex Industries Ltd - automotive in Punjab, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹220.56 Cr
▲ 48% YoY
Net profit · FY 2025
₹2.67 Cr
Net margin 1.2%
EBITDA · FY 2025
₹12.28 Cr
EBITDA margin 5.6%
Authorised capital
₹1.5 Cr
Registered with MCA
Paid-up capital
₹1.49 Cr
Issued & subscribed
Open charges
₹104.75 Cr
Satisfied ₹98.93 Cr
Company age
45 yrs
Est. 1981
Employees · EPFO
22
Provident fund records
About Fitex Industries Ltd
Data last updated:
Fitex Industries Ltd is a public limited company based in Punjab, India. It operates in the auto parts and components segment of the automotive sector. It was incorporated on 21 December 1981 and has been in existence for over 45 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U00000PB1981PLC004774. Its GSTIN is 03AAACF2772P1ZH (Punjab). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹1.5 Cr and a paid-up capital of ₹1.49 Cr. It was formerly known as Hindmurti Furnacite Private Limited and Fitex Manufacturing Engineering Private Limited. It is led by directors including Sanjeev Kumar and Gaurav Goel.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at B Xxix 1060 Industrial Area C Ludhiana, Punjab, India.
As per the financials filed for FY 2025, the company reported a revenue of ₹220.56 Cr, a growth of 48% compared to the previous year. For the same year it recorded a net profit of ₹2.67 Cr (net margin 1.2%) and EBITDA of ₹12.28 Cr (EBITDA margin 5.6%). Revenue has grown at a compounded annual rate (CAGR) of 21% over three years and 18% over five years.
The company has about 22 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹104.75 Cr and satisfied charges of ₹98.93 Cr on record. Court records list 3 cases involving the company, including 1 filed by the company and 2 filed against it.
Fitex Industries Ltd is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-PB-12-0011542). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website fitex.in.
Company details
CIN U00000PB1981PLC004774
Registration Number 004774
Incorporation Date 21 December 1981
ROC Chandigarh
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-PB-12-0011542
Name history
Fitex Industries has undergone 2 name changes throughout its history. The company was previously known as Hindmurti Furnacite Private Limited, and Fitex Manufacturing Engineering Private Limited. The current legal name is Fitex Industries Ltd.
| Company Name | Status |
|---|---|
| Fitex Industries Ltd | Current |
| Hindmurti Furnacite Private Limited | Previous |
| Fitex Manufacturing Engineering Private Limited | Previous |
CIN history
Fitex Industries has one previous CIN (Corporate Identification Number): L00000PB1981PLC004774. The current CIN is U00000PB1981PLC004774, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U00000PB1981PLC004774 | Current |
| L00000PB1981PLC004774 | Previous |
Recognitions & Rankings of Fitex Industries
Contact details
Fitex Industries Ltd's registered office is in Punjab. Its website is fitex.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressB Xxix 1060 Industrial Area C Ludhiana, Punjab, India
- IndustryAutomotive, Auto Parts & Components
To see the full contact details of Fitex Industries Ltd, buy the company report.
Comprehensive company report
Fitex Industries Ltd - one report that includes everything
- 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business activity
The main business activity of Fitex Industries is manufacturing. In detail, this covers motor vehicles, trailers, semi trailers and other transport vehicles.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C11 | Motor vehicles, trailers, semi trailers and other Transport Vehicles |
To see the full business activity and turnover split of Fitex Industries Ltd, buy the company report.
Financials of Fitex Industries Ltd
FY 2024 filings availableFitex Industries Ltd reported revenue of ₹220.56 Cr (up 48% YoY) for FY 2025.
Revenue · FY 2025
₹220.56 Cr ▲ 48%
Net profit · FY 2025
₹2.67 Cr margin 1.2%
EBITDA · FY 2025
₹12.28 Cr margin 5.6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 48%
3 years · compounded
▲ 21%
5 years · compounded
▲ 18%
EBITDA CAGR growth
1 year
▲ 34%
3 years · compounded
▲ 27%
5 years · compounded
▲ 18%
Revenue has grown at a compounded annual rate (CAGR) of 18% over five years, including 48% growth in the latest year. EBITDA rose 34% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
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| Total Expenses | |||||
| EBITDA | ₹12.28 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹2.67 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 5.6% | ||||
| Net Profit Margin | 1.2% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Receivable Days | |||||
| Payable Days | |||||
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To see the full financial statements and ratios of Fitex Industries Ltd, buy the company report.
Board of directors of Fitex Industries Ltd
Fitex Industries has 3 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sanjeev Kumar | Director | 01 Feb 1988 | 38 Years 8 Months | Current |
| Gaurav Goel Also directs: Fitex Overseas Private Limited | Director | 07 May 2019 | 7 Years 5 Months | Current |
| Sital Parkash Also directs: Fitex Overseas Private Limited | Director | 08 Feb 2016 | 10 Years 8 Months | Current |
Auditor
Fitex Industries Ltd is audited by SANJEEV BIMLA & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SANJEEV BIMLA & ASSOCIATES | FY 2023 | 08840N |
Shareholding
The shareholding of Fitex Industries Ltd is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Fitex Industries Ltd, buy the company report.
Charges & borrowings
Open charges
₹104.75 Cr
Satisfied charges
₹98.93 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 18 Nov 2025 | 101198942 | Canara Bank | ₹25 Cr | Open | |
| 17 Sep 2025 | 101167870 | Others | ₹3.5 Cr | Open | |
| 13 Aug 2025 | 101149612 | Others | ₹17.5 Cr | Open | |
| 05 Aug 2025 | 101135643 | Hdfc Bank Limited | ₹16.6 Lakh | Open | |
| 26 Jun 2025 | 101123322 | Hdfc Bank Limited | ₹10 Lakh | Open |
To see the full charge records of Fitex Industries Ltd, buy the company report.
Total charge records: 33 View all charges
Legal cases
Fitex Industries Ltd has 3 court cases on record: 1 filed by Fitex Industries, 2 filed against it. All cases are disposed.
Total cases
3
Filed by the company
1
Filed against the company
2
Disposed
3
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 3 | 2 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, PUNJAB | Arbitration matter | Filed against the company by Drip Capital Inc | Disposed |
| High Court, CHANDIGARH (UT) | Tax appeal | Filed by the company against Commisisoner of Income Tax-Ii, Aayakar Bha., Ludh. | Disposed |
| High Court, PUNJAB | Tax appeal | Filed against the company by an individual | Disposed |
To see the full case history of Fitex Industries Ltd, 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.
Credit ratings & regulatory alerts
Fitex Industries Ltd was last rated by Crisil on 14 Aug 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 14 Aug 2020 |
To see the full credit ratings and regulatory alerts of Fitex Industries Ltd, buy the company report.
MSME payment delays
Fitex Industries Ltd has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 26 overdue payments to 3 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (3 of 3)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Hrithik Tools Private Limited | |||
| Sanjeev Bimla & Associates | |||
| Hritik Carbide |
To see the full MSME payment records of Fitex Industries Ltd, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Fitex Industries Ltd has a workforce of 22 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
Employee count
22
Active EPFO establishments
1
Employee growth
-18.52%
GST
Fitex Industries has 2 GST registrations: 2 active.
Total GSTINs
2
Active
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 03AAACF2772P1ZH | Punjab | Active | 01 Jul 2017 |
| 03AAACF2772P1DQ | Punjab | Active | 08 Nov 2024 |
To see the full GST registrations and return filing status of Fitex Industries Ltd, buy the company report.
Recent activity
Fitex Industries Ltd has 10 board changes on record since 1988: 3 appointments and 7 cessations. The latest: Gaurav Goel ceased to be Additional Director on 30 Sep 2019.
Charges
A charge with Canara Bank amounted to Rs. 25.00 Cr with Charge ID 101198942 was registered on 18 Nov 2025.
Charges
A charge with Others of Rs. 49.30 Cr registered on 21 Mar 2022 with Charge ID 100569049 was modified on 15 Nov 2025.
Charges
A charge registered on 05 May 2025 via Charge ID 101096206 with Others was fully satisfied on 18 Sep 2025.
Charges
A charge with Others amounted to Rs. 3.50 Cr with Charge ID 101167870 was registered on 17 Sep 2025.
Charges
A charge with Others amounted to Rs. 17.50 Cr with Charge ID 101149612 was registered on 13 Aug 2025.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.17 Cr with Charge ID 101135643 was registered on 05 Aug 2025.
Charges
A charge registered on 30 Dec 2023 via Charge ID 100866333 with Others was fully satisfied on 24 Jul 2025.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.10 Cr with Charge ID 101123322 was registered on 26 Jun 2025.
Charges
A charge with Others amounted to Rs. 3.50 Cr with Charge ID 101096206 was registered on 05 May 2025.
Charges
A charge with Sidbi amounted to Rs. 2.33 Cr with Charge ID 101061394 was registered on 05 Feb 2025.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.31 Cr with Charge ID 101018496 was registered on 05 Nov 2024.
AGM
Fitex Industries Ltd last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
57 earlier events are in the company report.
Frequently asked questions
Fitex Industries is an active public limited company based in Punjab, India. The company works in auto parts and components, within the automotive industry. It was incorporated on 21 December 1981 (45+ years old) and is registered under CIN U00000PB1981PLC004774.
Fitex Industries has 3 current directors:
- Sanjeev Kumar - Director
- Gaurav Goel - Director
- Sital Parkash - Director
The latest financial statements of Fitex Industries on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Fitex Industries is 03AAACF2772P1ZH, registered in Punjab. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 03AAACF2772P1DQ (Punjab).
The CIN (Corporate Identification Number) of Fitex Industries is U00000PB1981PLC004774. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Fitex Industries has 3 court cases on record: 1 filed by the company and 2 filed against it.
Fitex Industries was incorporated on 21 December 1981, making it 45+ years old. It is registered with the Registrar of Companies, Chandigarh.
Gaurav Goel ceased to be Additional Director on 30 Sep 2019. Ashok Kumar ceased to be Whole-Time Director on 09 Aug 2019. Sanjeev Kumar ceased to be Whole-Time Director on 30 Jul 2019. Fitex Industries has 10 board changes on record in total.
Yes, Fitex Industries is registered as a medium enterprise under Udyam registration (number: UDYAM-PB-12-0011542).
Fitex Industries has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 26 overdue payments to 3 micro and small suppliers. The latest return was filed on 01 Jun 2019.
Fitex Industries can be reached through the website fitex.in. Its registered office is in Punjab, India.