- #1,113 Ashok Kumar Chaturvedi & family ₹2,300 Cr

About Flex International Private Limited
Data last updated:
Flex International Private Limited is a private limited company based in New Delhi, Delhi, India. It operates in the industrial machinery retail and distribution segment of the machinery and industrial equipment sector. It was incorporated on 16 February 1990 and has been in existence for over 36 years.
Its director Ashok Kumar Chaturvedi and family are #1,113 among India's richest people (2026).
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U74999DL1990PTC039229. Its GSTIN is 09AAACF0250E2Z6 (Uttar Pradesh). The company holds 3 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹25 Cr and a paid-up capital of ₹11.59 Cr. It is led by directors including Gopala Krishna Bhat and Ashok Chaturvedi.
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 305 3rd Floor Bhanot Corner Pamposh Enclave Greater Kailash – I, New Delhi, Delhi, India – 110048.
As per the financials filed for FY 2024, the company reported a revenue of ₹23.42 Cr, a growth of 5% compared to the previous year. For the same year it recorded a net profit of ₹4.9 Cr (net margin 20.9%) and EBITDA of ₹10.52 Cr (EBITDA margin 44.9%). Revenue has grown at a compounded annual rate (CAGR) of 5% over three years and 3% over five years.
The company is associated with 2 brands: Flex and UFlex. As per MCA filings, the company has open charges of ₹53 Cr and satisfied charges of ₹20 Cr on record. Court records list 6 cases involving the company, including 2 filed by the company and 4 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website uflexltd.com.
Company details
Recognitions & Rankings of Flex International
Contact details
Flex International Private Limited's registered office is in New Delhi, Delhi. Its website is uflexltd.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address305 3rd Floor Bhanot Corner Pamposh Enclave Greater Kailash – I, New Delhi, Delhi, India – 110048
- IndustryMachinery and Equipment, Industrial Machinery Retail & Distribution
To see the full contact details of Flex International 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
Brands
Flex International operates two associated brands: Flex and UFlex. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Designer and producer of intelligent products, automotive electronics manufacturing, and logistics services | flex.com | |
| Flexible packaging materials and machinery are manufactured by UFlex. | uflexltd.com |
Business activity
The main business activity of Flex International is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Flex International Private Limited, buy the company report.
Financials of Flex International Private Limited
FY 2024 filings availableFlex International Private Limited reported revenue of ₹23.42 Cr (up 5% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 3% over five years, including 5% growth in the latest year. EBITDA rose 3% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹10.52 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹4.9 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 44.9% | ||||
| Net Profit Margin | 20.9% | ||||
| 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 Flex International Private Limited, buy the company report.
Board of directors of Flex International Private Limited
Flex International has 3 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Gopala Krishna Bhat | Director | 12 May 2018 | 8 Years 5 Months | Current |
| Ashok Chaturvedi | Director | 20 Jun 1992 | 34 Years 4 Months | Current |
| Ashok Sharma Also directs: Flex New Energy Solutions Limited, Flex Battery Solutions Limited, A. R. Infrastructures & Projects Private Limited and 5 more | Director | 20 Feb 2018 | 8 Years 8 Months | Current |
Peer comparison
Flex International Private Limited is compared with the 3 companies closest to it by revenue in the Machinery and Equipment industry (Machinery and Equipment Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| V R E Tools Private Limited | ₹23.56 Cr (FY 2025) | 20.0% | Bangalore, Karnataka, India | |||
| Keil Tools Private Limited | ₹23.43 Cr (FY 2025) | 20.0% | Delhi, India | |||
| Flex International Private Limitedthis company | ₹23.42 Cr (FY 2024) | ₹4.9 Cr | 20.9% | 5.0% | New Delhi, Delhi, India | |
| Automation System Engineers Private Limited | ₹23.39 Cr (FY 2025) | -9.0% | Ahmedabad, Gujarat, India |
To see the full peer comparison of Flex International Private Limited, buy the company report.
Auditor
Flex International Private Limited is audited by R. ARORA & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| R. ARORA & ASSOCIATES | FY 2023 | 005035N |
Shareholding
The shareholding of Flex International Private Limited 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 Flex International Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Aug 2025 | 101149051 | Others | ₹28 Cr | Open | |
| 31 Mar 2022 | 100556094 | Others | ₹25 Cr | Open | |
| 02 Mar 2020 | 100332042 | Others | ₹2.5 Cr | Satisfied | |
| 28 Feb 2020 | 100332481 | Others | ₹2.5 Cr | Satisfied | |
| 23 Jan 2020 | 100323105 | Others | ₹5 Cr | Satisfied |
To see the full charge records of Flex International Private Limited, buy the company report.
Total charge records: 6 View all charges
Legal cases
Flex International Private Limited has 6 court cases on record: 2 filed by Flex International, 4 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 4 | 2 | 0 |
| Supreme Court | 2 | 2 | 0 |
Cases on record (5 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Delhi | Writ petition | Filed by the company against Assistant Commissioner of Income Tax & Anr. | Disposed |
| Supreme Court | Court case (0303-Direct Taxes Matter : Other matters under Income Tax act, 1961) | Filed against the company by The Principal Commissioner of Income Tax 3 the Principal Commissioner of Income Tax 3 Jhandewalan Extension, New Delhi , District: New Delhi ,New Delhi , Delhi | Disposed |
| Supreme Court | Court case (0303-Direct Taxes Matter : Other matters under Income Tax act, 1961) | Filed against the company by The Principal Commissioner of Income Tax 3 Jhandewalan Extension, New Delhi , District: New Delhi ,New Delhi , Delhi | Disposed |
| High Court of Delhi | Tax appeal | Filed against the company by The PR. Commissioner of Income Tax -Central -3 | Disposed |
| High Court of Delhi | Tax appeal | Filed against the company by Commissioner of Income Tax (Central)-Iii | Disposed |
To see the full case history of Flex International 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 Flex International Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Flex International has 3 GST registrations: 1 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 09AAACF0250E2Z6 | Uttar Pradesh | Active | 01 Dec 2017 |
To see the full GST registrations and return filing status of Flex International Private Limited, buy the company report.
Recent activity
Flex International Private Limited has 10 board changes on record since 1992: 3 appointments and 7 cessations. The latest: Rashmi Chaturvedi ceased to be Director on 04 Aug 2020.
16 earlier events are in the company report.
News
Frequently asked questions
Flex International is an active private limited company based in New Delhi, Delhi, India. The company works in industrial machinery retail and distribution, within the machinery and equipment industry. It was incorporated on 16 February 1990 (36+ years old) and is registered under CIN U74999DL1990PTC039229.
Flex International has 3 current directors:
- Gopala Krishna Bhat - Director
- Ashok Chaturvedi - Director
- Ashok Sharma - Director
The latest financial statements of Flex International 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 Flex International is 09AAACF0250E2Z6, registered in Uttar Pradesh. The company has 3 GST registrations in all, of which 1 is active and 2 are cancelled or inactive.
The CIN (Corporate Identification Number) of Flex International is U74999DL1990PTC039229. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Flex International has 6 court cases on record: 2 filed by the company and 4 filed against it. Most are in the high courts.
Flex International was incorporated on 16 February 1990, making it 36+ years old. It is registered with the Registrar of Companies, Delhi.
The peers of Flex International by revenue are V R E Tools Private Limited, Keil Tools Private Limited, Automation System Engineers Private Limited, all in the Machinery and Equipment industry (Machinery and Equipment Retail and Distribution), with the same principal business activity (wholesale trading).
Rashmi Chaturvedi ceased to be Director on 04 Aug 2020. Ashok Sharma ceased to be Additional Director on 09 Jun 2018. Gopala Krishna Bhat was appointed as Director on 12 May 2018. Flex International has 10 board changes on record in total.
Flex International can be reached through the website uflexltd.com. Its registered office is in New Delhi, Delhi, India.
The registered office of Flex International is at 305 3rd Floor Bhanot Corner Pamposh Enclave Greater Kailash – I, New Delhi, Delhi, India – 110048.