About Flexmag Crafts Private Limited
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Flexmag Crafts Private Limited is a private limited company based in Pune, Maharashtra, India. It operates in the handicrafts and artisan products manufacturing segment of the home and lifestyle products sector. It was incorporated on 11 November 2004 and has been in existence for over 22 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U74900PN2004PTC019937. Its GSTIN is 27AAACF8552H1ZI (Maharashtra).
The company has an authorised share capital of ₹28 Lakh and a paid-up capital of ₹28 Lakh. It was formerly known as Flexmag Impex Private Limited. It is led by directors Antonius Willibrordus Van Heijningen and Srinanda Sen.
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 H – 002 Ashoka Mewskondhwa, Pune, Maharashtra, India – 411048.
As per the financials filed for FY 2024, the company reported a revenue of ₹2.54 Cr, a decline of 40% compared to the previous year. For the same year it recorded a net profit of ₹5.04 Lakh (net margin 2%) and EBITDA of ₹26.68 Lakh (EBITDA margin 10.5%). Revenue has grown at a compounded annual rate (CAGR) of 14% over three years and 10% over five years.
As per MCA filings, the company has open charges of ₹92 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website pielane.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressH – 002 Ashoka Mewskondhwa, Pune, Maharashtra, India – 411048
- IndustryHome & Lifestyle, Handicrafts & Artisan Products 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
- One PDF report, delivered after checkout
Business Activity of Flexmag Crafts Private Limited
The main business activity of Flexmag Crafts is manufacturing. In detail, this covers manufacture of paper and paper products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | 17 | Manufacture of paper and paper products | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Flexmag Crafts Private Limited FY 2024 filings available
Flexmag Crafts Private Limited reported revenue of ₹2.54 Cr (down 40% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Flexmag Crafts Private Limited
Revenue fell 40% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 10%. EBITDA rose 96% 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 Flexmag Crafts Private Limited
| 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 | ₹26.68 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹5.04 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 Flexmag Crafts Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 10.5% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 2% | •••• | •••• | •••• | •••• |
| 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 Flexmag Crafts 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 Flexmag Crafts Private Limited
Flexmag Crafts Private Limited is compared with the companies closest to it by revenue in the Education industry (E Learning, Office and School Supplies). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Edutor Technologies India Private Limited | ₹2.57 Cr (FY 2025) | •••• | •••• | 16.0% | •••• | Hyderabad, Telangana, India |
| Aborder Exim India Private Limited | ₹2.56 Cr (FY 2024) | •••• | •••• | -35.0% | •••• | Gautam Buddha Nagar, Uttar Pradesh, India |
| Academy for Creative Teaching India Private Limited | ₹2.56 Cr (FY 2025) | •••• | •••• | 18.0% | •••• | Bangalore, Karnataka, India |
| Aktrea Solutions India Private Limited | ₹2.56 Cr (FY 2024) | •••• | •••• | 11.0% | •••• | Chennai, Tamil Nadu, India |
| Arh Infratech Private Limited | ₹2.56 Cr (FY 2024) | •••• | •••• | 103.0% | •••• | New Delhi, Delhi, India |
| Flexmag Crafts Private Limited this company | ₹2.54 Cr (FY 2024) | •••• | •••• | -40.0% | •••• | Pune, Maharashtra, India |
| Ambifem Learning & Consultancy Private Limited | ₹2.54 Cr (FY 2024) | •••• | •••• | -13.0% | •••• | Kolkata, West Bengal, India |
| Shelfebook Private Limited | ₹2.52 Cr (FY 2024) | •••• | •••• | 63.0% | •••• | New Delhi, Delhi, India |
| Tutis Innovative E-Services Private Limited | ₹2.52 Cr (FY 2025) | •••• | •••• | 0.0% | •••• | Chennai, Tamil Nadu, India |
| J & R S Infra Services Private Limited | ₹2.51 Cr (FY 2025) | •••• | •••• | -31.0% | •••• | Mysore, Karnataka, India |
| Insilico Drona Private Limited | ₹2.51 Cr (FY 2025) | •••• | •••• | 0.0% | •••• | Suryapet, Telangana, India |
Peers are the five companies nearest above and the five nearest below Flexmag Crafts by revenue in the Education industry (E Learning, Office and School Supplies), 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 Flexmag Crafts Private Limited
Flexmag Crafts Private Limited is audited by Rushab R.Jain & Co. for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Rushab R.Jain & 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 Flexmag Crafts Private Limited
Flexmag Crafts has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Antonius Willibrordus Van Heijningen Also directs: Silent Music Foundation, Pie Lane Craft Foundation | Director | 11 Nov 2004 | 21 Years 11 Months | Current |
| Srinanda Sen Also directs: Silent Music Foundation, Pie Lane Craft Foundation | Director | 11 Nov 2004 | 21 Years 11 Months | Current |
Ownership and Shareholding of Flexmag Crafts 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 Flexmag Crafts Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 22 Jul 2023 | Others | ₹50 Lakh | Open |
| 15 Mar 2016 | State Bank of India | ₹12 Lakh | Open |
| 30 Nov 2015 | Reliance Capital Ltd | ₹30 Lakh | Open |
Total charge records: 3 View all charges
Employees and EPFO Compliance at Flexmag Crafts Private Limited
Employment history and EPFO contributions of people linked to Flexmag Crafts.
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.
CIN History of Flexmag Crafts Private Limited
Flexmag Crafts has one previous CIN (Corporate Identification Number): U25199PN2004PTC019937. The current CIN is U74900PN2004PTC019937, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74900PN2004PTC019937 | Current |
| U25199PN2004PTC019937 | Previous |
Recent Activity on Flexmag Crafts Private Limited
Flexmag Crafts Private Limited has 2 board changes on record since 2004: 2 appointments. The latest: Antonius Willibrordus Van Heijningen was appointed as Director on 11 Nov 2004.
Credit Ratings, Litigation & Regulatory Alerts for Flexmag Crafts 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 Flexmag Crafts 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 Flexmag Crafts 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 Flexmag Crafts Private Limited
Flexmag Crafts has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACF8552H1ZI | Maharashtra | 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 Flexmag Crafts 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 Flexmag Crafts Private Limited
Flexmag Crafts is an active private limited company based in Pune, Maharashtra, India. The company works in handicrafts and artisan products manufacturing, within the home and lifestyle industry. It was incorporated on 11 November 2004 (22+ years old) and is registered under CIN U74900PN2004PTC019937.
Flexmag Crafts reported revenue of ₹2.54 Cr for FY 2024 (down 40% YoY).
Flexmag Crafts has 2 current directors:
- Antonius Willibrordus Van Heijningen - Director
- Srinanda Sen - Director
Flexmag Crafts reported a net profit of ₹5.04 Lakh (net margin 2%) and EBITDA of ₹26.68 Lakh (EBITDA margin 10.5%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Flexmag Crafts is 14% over three years and 10% over five years. In the latest year (FY 2024) revenue fell 40%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Flexmag Crafts is 27AAACF8552H1ZI, registered in Maharashtra.
The CIN (Corporate Identification Number) of Flexmag Crafts is U74900PN2004PTC019937. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Flexmag Crafts was incorporated on 11 November 2004, making it 22+ years old. It is registered with the Registrar of Companies, Pune.
The peers of Flexmag Crafts by revenue are Edutor Technologies India Private Limited, Aborder Exim India Private Limited, Academy for Creative Teaching India Private Limited, Aktrea Solutions India Private Limited, Arh Infratech Private Limited and 5 more, all in the Education industry (E Learning, Office and School Supplies).
Antonius Willibrordus Van Heijningen was appointed as Director on 11 Nov 2004. Srinanda Sen was appointed as Director on 11 Nov 2004.
Flexmag Crafts can be reached through the website pielane.com. Its registered office is in Pune, Maharashtra, India.