Flo Equipment Private Limited
About Flo Equipment Private Limited
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Flo Equipment Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the process machinery and industrial equipment segment of the machinery and industrial equipment sector. It was incorporated on 05 January 1998 and has been in existence for over 28 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U28900MH1998PTC112796. Its GSTIN is 27AAACF3464E1ZV (Maharashtra).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹9.97 Lakh. It is led by directors including Shila Manendra Kshirsagar and Anjali Chandrashekhar Hajare.
Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at 302 Matoshree Kunj Tanaji Malusare Marg Vile Parle W Near Ratna Jyot Ind Estate, Mumbai, Maharashtra, India – 400056.
As per the financials filed for FY 2019, the company reported a revenue of ₹1.06 Cr, a decline of 52% compared to the previous year. For the same year it recorded a net loss of ₹67.77 Lakh (net margin -64%) and EBITDA of -₹56.22 Lakh (EBITDA margin -53.1%). Revenue has grown at a compounded annual rate (CAGR) of 13% over three years.
The company has about 5 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹1.53 Cr on record. Court records list 4 cases involving the company, including 1 filed by the company and 3 filed against it; 1 case is pending. The company has 2 deals on record (2 secondary share transfers); the latest was in March 2014. Its 3 peer companies in the Machinery and Equipment industry (Process Machinery, Tools and Components), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment) are compared by revenue, 2 larger and 1 smaller; the largest is Perfect Boring Private Limited with revenue of ₹1.06 Cr.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Flo Equipment Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address302 Matoshree Kunj Tanaji Malusare Marg Vile Parle W Near Ratna Jyot Ind Estate, Mumbai, Maharashtra, India – 400056
- IndustryMachinery and Equipment, Process Machinery & Industrial Equipment, Industrial Tools & Components
To see the full contact details of Flo Equipment 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
Business activity
The main business activity of Flo Equipment is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment |
To see the full business activity and turnover split of Flo Equipment Private Limited, buy the company report.
Financials of Flo Equipment Private Limited
FY 2019 filings availableFlo Equipment Private Limited reported revenue of ₹1.06 Cr (down 52% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue fell 52% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 13%. EBITDA fell 302% 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹1.06 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹56.22 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹67.77 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
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -53.1% | ||||
| Net Profit Margin | -64% | ||||
| 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 Flo Equipment Private Limited, buy the company report.
Board of directors of Flo Equipment Private Limited
Flo Equipment has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shila Manendra Kshirsagar Also directs: Medineutrina Private Limited | Director | 01 Aug 2017 | 9 Years 2 Months | Current |
| Anjali Chandrashekhar Hajare | Director | 05 Jan 1998 | 28 Years 9 Months | Current |
| Chandrashekhar Krishnaji Hajare | Director | 05 Jan 1998 | 28 Years 9 Months | Current |
Peer comparison
Flo Equipment Private Limited is compared with the 3 companies closest to it by revenue in the Machinery and Equipment industry (Process Machinery, Tools and Components), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Perfect Boring Private Limited | ₹1.06 Cr (FY 2025) | 605.0% | Ahmedabad, Gujarat, India | |||
| Surya Machinery Manufacturing Private Limited | ₹1.06 Cr (FY 2020) | 1413.0% | Ahmedabad, Gujarat, India | |||
| Flo Equipment Private Limitedthis company | ₹1.06 Cr (FY 2019) | -₹67.77 Lakh | -64% | -52.0% | 5 | Mumbai, Maharashtra, India |
| Statomat Special Machines (India) Private Limited | ₹1.06 Cr (FY 2024) | -79.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Flo Equipment Private Limited, buy the company report.
Auditor
Flo Equipment Private Limited is audited by N M B & CO for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| N M B & CO | FY 2019 | 131860W |
Shareholding
The shareholding of Flo Equipment Private Limited is on record for 4 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Flo Equipment Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 17 Mar 2015 | 10594049 | Indusind Bank Ltd. | ₹1 Cr | Open | |
| 14 Jun 2007 | 10062077 | Bank of Maharashtra | ₹28 Lakh | Open | |
| 21 Oct 1999 | 90235952 | The United Western Bank Ltd. | ₹4.35 Lakh | Open | |
| 25 May 1999 | 90235923 | The United Western Bank Ltd. | ₹21 Lakh | Open |
Total charge records: 4 View all charges
Deals & funding
Flo Equipment Private Limited has 2 deals on record (2 secondary share transfers); the latest was in March 2014.
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2014 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Oct 2011 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Flo Equipment Private Limited has 4 court cases on record: 1 filed by Flo Equipment, 3 filed against it. 1 case is pending and 3 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 3 | 1 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Court case (Secu. Case) | Filed against the company by Indusind Bank Ltd Through Gabriel Carvalho | Disposed |
| District court, BENGALURU RURAL, Karnataka | Civil suit | Filed against the company by Sartorius Stedim India Pvt Ltd. | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (SUMMONS CASES SS) | Filed against the company by an individual | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summons Private cases SS) | Filed by the company against Ms Clean Air Prijects Pvt Ltd and Other | Disposed |
To see the full case history of Flo Equipment 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 Flo Equipment Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Flo Equipment Private Limited has a workforce of 5 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
GST
Flo Equipment has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACF3464E1ZV | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Flo Equipment Private Limited, buy the company report.
Recent activity
Flo Equipment Private Limited has 4 board changes on record since 1998: 3 appointments and 1 cessation. The latest: Shila Manendra Kshirsagar ceased to be Additional Director on 29 Sep 2018.
Frequently asked questions
Flo Equipment is an active private limited company based in Mumbai, Maharashtra, India. The company works in process machinery and industrial equipment, within the machinery and equipment industry. It was incorporated on 05 January 1998 (28+ years old) and is registered under CIN U28900MH1998PTC112796.
Flo Equipment has 3 current directors:
- Shila Manendra Kshirsagar - Director
- Anjali Chandrashekhar Hajare - Director
- Chandrashekhar Krishnaji Hajare - Director
The latest financial statements of Flo Equipment on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 30 September 2019. Year-wise statements from 2015 are in the company report.
The GSTIN of Flo Equipment is 27AAACF3464E1ZV, registered in Maharashtra.
The CIN (Corporate Identification Number) of Flo Equipment is U28900MH1998PTC112796. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Flo Equipment has 4 court cases on record: 1 filed by the company and 3 filed against it. 1 is pending.
Flo Equipment was incorporated on 05 January 1998, making it 28+ years old. It is registered with the Registrar of Companies, Mumbai.
Flo Equipment has 2 deals on record (2 secondary share transfers); the latest was in March 2014.
The peers of Flo Equipment by revenue are Perfect Boring Private Limited, Surya Machinery Manufacturing Private Limited, Statomat Special Machines (India) Private Limited, all in the Machinery and Equipment industry (Process Machinery, Tools and Components), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment).
Shila Manendra Kshirsagar ceased to be Additional Director on 29 Sep 2018. Shila Manendra Kshirsagar was appointed as Director on 01 Aug 2017. Anjali Chandrashekhar Hajare was appointed as Director on 05 Jan 1998. Flo Equipment has 4 board changes on record in total.
The registered office of Flo Equipment is at 302 Matoshree Kunj Tanaji Malusare Marg Vile Parle W Near Ratna Jyot Ind Estate, Mumbai, Maharashtra, India – 400056.