Flexifit Engineering Industry Private Limited
About Flexifit Engineering Industry Private Limited
Data last updated:
Flexifit Engineering Industry Private Limited is a private limited company based in Chennai 600031, Tamil Nadu, India. The company is currently under liquidation, meaning its assets are being sold to settle outstanding debts. It may not have the legal capacity to fulfil new contracts. It operates in the fittings and components segment of the manufacturing sector. It was incorporated on 12 May 2005.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U27109TN2005PTC056257. The company has 2 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹30 Lakh. It is led by directors Tatineni Ajay and Tatineni Ramarao.
Its last annual general meeting (AGM) was held on 16 July 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office is at Flat No.4 Harrington Aparts98 Harrington Road Chetpet, Chennai 600031, Tamil Nadu, India – 600031.
As per the financials filed for FY 2018, the company reported a revenue of ₹1.35 Lakh, a decline of 11% compared to the previous year. For the same year it recorded a net loss of ₹1.38 Lakh (net margin -102%) and EBITDA of -₹79,988 (EBITDA margin -59.3%). Revenue has declined at a compounded annual rate (CAGR) of 70% over three years.
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- Registered AddressFlat No.4 Harrington Aparts98 Harrington Road Chetpet, Chennai 600031, Tamil Nadu, India – 600031
- IndustryManufacturing, Fittings & Components
- 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
- One PDF report, delivered after checkout
Financials of Flexifit Engineering Industry Private Limited FY 2018 filings available
Flexifit Engineering Industry Private Limited reported revenue of ₹1.35 Lakh (down 11% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR) of Flexifit Engineering Industry Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 70% over three years, including a 11% fall in the latest year. EBITDA fell 16% 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 Flexifit Engineering Industry Private Limited
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• |
| Total Revenue | ₹1.35 Lakh | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• |
| EBITDA | -₹79,988 | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹1.38 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 of Flexifit Engineering Industry Private Limited
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | -59.3% | •••• | •••• | •••• |
| Net Profit Margin | -102% | •••• | •••• | •••• |
| 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 Flexifit Engineering Industry 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.
Peer Comparison of Flexifit Engineering Industry Private Limited
Flexifit Engineering Industry Private Limited is compared with the companies closest to it by revenue in the Manufacturing industry (Fittings). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Jupiter Fittings (India) Private Limited | •••• | •••• | •••• | •••• | - | Morbi, Gujarat, India |
| Procural Private Limited | •••• | •••• | •••• | •••• | - | Shaikpet, Telangana, India |
| Sr Fittings Private Limited | •••• | •••• | •••• | •••• | - | Shahjahnapur, Uttar Pradesh, India |
| R K Window Upvc Private Limited | •••• | •••• | •••• | •••• | - | Delhi, India |
| Fortune Windows Private Limited | •••• | •••• | •••• | •••• | - | Chennai, Tamil Nadu, India |
| Flexifit Engineering Industry Private Limited this company | •••• | •••• | •••• | •••• | - | Chennai 600031, Tamil Nadu, India |
| Deepak Hinges Private Limited | •••• | •••• | •••• | •••• | 45 | New Delhi, Delhi, India |
| Ve Artware Concept Private Limited | •••• | •••• | •••• | •••• | - | Aligarh, Uttar Pradesh, India |
| Dilpreet Tubes Private Limited | •••• | •••• | •••• | •••• | - | Andhra Pradesh, Telangana, India |
| Satvik Powertech Private Limited | •••• | •••• | •••• | •••• | - | Bhiwadi, Rajasthan, India |
| Crilam Decorative Private Limited | •••• | •••• | •••• | •••• | - | Fazalganj, Uttar Pradesh, India |
Peers are the five companies nearest above and the five nearest below Flexifit Engineering Industry by revenue in the Manufacturing industry (Fittings), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Auditor Details of Flexifit Engineering Industry Private Limited
Flexifit Engineering Industry Private Limited is audited by S SHANMUGAM & CO for the financial year 2018.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| S SHANMUGAM & CO | 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.
Board of Directors of Flexifit Engineering Industry Private Limited
Flexifit Engineering Industry has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Tatineni Ajay | Director | 12 May 2005 | 21 Years 4 Months | As last reported |
| Tatineni Ramarao | Director | 12 May 2005 | 21 Years 4 Months | As last reported |
Ownership and Shareholding of Flexifit Engineering Industry 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 Flexifit Engineering Industry Private Limited
Flexifit Engineering Industry Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Flexifit Engineering Industry Private Limited
Employment history and EPFO contributions of people linked to Flexifit Engineering Industry.
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 Flexifit Engineering Industry Private Limited
Flexifit Engineering Industry Private Limited has 2 board changes on record since 2005: 2 appointments. The latest: Tatineni Ajay was appointed as Director on 12 May 2005.
Credit Ratings, Litigation & Regulatory Alerts for Flexifit Engineering Industry 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 Flexifit Engineering Industry 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 Flexifit Engineering Industry 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 Flexifit Engineering Industry Private Limited
Flexifit Engineering Industry has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
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 Flexifit Engineering Industry 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 Flexifit Engineering Industry Private Limited
Flexifit Engineering Industry is currently "Under Liquidation" as per MCA records. The company's assets are being sold to settle outstanding debts owed to creditors. A company under liquidation may not have the legal capacity to fulfil new contracts, and creditors are prioritised in the distribution of proceeds. This is a high-risk status - caution is strongly advised.
Flexifit Engineering Industry is a company under liquidation, formerly operating as a private limited company based in Chennai 600031, Tamil Nadu, India. The company works in fittings and components, within the manufacturing industry. It was incorporated on 12 May 2005 and is registered under CIN U27109TN2005PTC056257. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Flexifit Engineering Industry reported revenue of ₹1.35 Lakh for FY 2018 (down 11% YoY).
Flexifit Engineering Industry has 2 current directors:
- Tatineni Ajay - Director
- Tatineni Ramarao - Director
Flexifit Engineering Industry reported a net loss of ₹1.38 Lakh (net margin -102%) and EBITDA of -₹79,988 (EBITDA margin -59.3%) for FY 2018, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Flexifit Engineering Industry is -70% over three years. In the latest year (FY 2018) revenue fell 11%. CAGR is the steady yearly rate that links the first and the last year.
The CIN (Corporate Identification Number) of Flexifit Engineering Industry is U27109TN2005PTC056257. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Flexifit Engineering Industry was incorporated on 12 May 2005. It is registered with the Registrar of Companies, Chennai.
The peers of Flexifit Engineering Industry by revenue are Jupiter Fittings (India) Private Limited, Procural Private Limited, Sr Fittings Private Limited, R K Window Upvc Private Limited, Fortune Windows Private Limited and 5 more, all in the Manufacturing industry (Fittings).
Tatineni Ajay was appointed as Director on 12 May 2005. Tatineni Ramarao was appointed as Director on 12 May 2005.
The registered office of Flexifit Engineering Industry is at Flat No.4 Harrington Aparts98 Harrington Road Chetpet, Chennai 600031, Tamil Nadu, India – 600031.