About Floatels Engineering Private Limited
Data last updated:
Floatels Engineering Private Limited is a private limited company based in Thiruvananthapuram, Kerala, India. It operates in the electrical services segment of the construction sector. It was incorporated on 03 December 1998 and has been in existence for over 28 years.
The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN U45209KL1998PTC012641. Its GSTIN is 32AADCT6756C1ZI (Kerala).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Mavelikalam Ramakrishnan Narayanan and Kabeer Khader Meera Rawther.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Floatels Chambers First Floor Tc 16/1860 – 1 Jagathy Thycaud Po, Thiruvananthapuram, Kerala, India – 695014.
As per the financials filed for FY 2024, the company reported a revenue of ₹31.66 Lakh, a decline of 19% compared to the previous year. For the same year it recorded a net loss of ₹2.26 Lakh (net margin -7.1%) and EBITDA of -₹1.45 Lakh (EBITDA margin -4.6%). Revenue has grown at a compounded annual rate (CAGR) of 27% over three years and 21% over five years.
Court records list 1 case involving the company, including 1 filed against it.
The current compliance status is marked as active non-compliant by the Registrar of Companies. For more details, the company can be reached via its website floatels.net.
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- Registered AddressFloatels Chambers First Floor Tc 16/1860 – 1 Jagathy Thycaud Po, Thiruvananthapuram, Kerala, India – 695014
- IndustryConstruction, Electrical Services, Plumbing Services & Construction Specialties, Demolition & Construction Services
- 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 Floatels Engineering Private Limited
The main business activity of Floatels Engineering is construction. In detail, this covers demolition & site preparation, electrical, plumbing & other specialized construction activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| F | Construction | F3 | Demolition & site preparation, Electrical, plumbing & other Specialized construction Activities | 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 Floatels Engineering Private Limited FY 2025 filings available
Floatels Engineering Private Limited reported revenue of ₹31.66 Lakh (down 19% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Floatels Engineering Private Limited
Revenue fell 19% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 21%. EBITDA fell 188% 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 Floatels Engineering 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 | -₹1.45 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹2.26 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 Floatels Engineering Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -4.6% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -7.1% | •••• | •••• | •••• | •••• |
| 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 Floatels Engineering 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 Floatels Engineering Private Limited
Floatels Engineering Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Demolition & site preparation, Electrical, plumbing & other Specialized construction Activities). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Gupta Residency Private Limited | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
| Emta Projects Pvt Ltd | •••• | •••• | •••• | •••• | - | Asansol, West Bengal, India |
| Sarvayantra Tech Private Limited | •••• | •••• | •••• | •••• | - | Thane, Maharashtra, India |
| Acroter Design Studio Private Limited | •••• | •••• | •••• | •••• | - | Hyderabad, Telangana, India |
| Ballpark Construction Private Limited | •••• | •••• | •••• | •••• | - | Vaishali, Bihar, India |
| Floatels Engineering Private Limited this company | •••• | •••• | •••• | •••• | - | Thiruvananthapuram, Kerala, India |
| Koncept Landmark Infra Private Limited | •••• | •••• | •••• | •••• | - | Malad East, Maharashtra, India |
| One Stop Realty Solutions Private Limited | •••• | •••• | •••• | •••• | - | Rewari, Haryana, India |
| Shanker Infra and Allied Services Private Limited | •••• | •••• | •••• | •••• | - | Aligarh, Uttar Pradesh, India |
| Vogel Infra Private Limited | •••• | •••• | •••• | •••• | - | Medak, Telangana, India |
| Kar Mercantiles Private Limited | •••• | •••• | •••• | •••• | - | Jamshedpur, Jharkhand, India |
Peers are the five companies nearest above and the five nearest below Floatels Engineering by revenue in the same principal business activity (Demolition & site preparation, Electrical, plumbing & other Specialized construction Activities), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Board of Directors of Floatels Engineering Private Limited
Floatels Engineering has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mavelikalam Ramakrishnan Narayanan Also directs: Adtech Systems Limited, Trans Float Solar Private Limited, Aptmicro Solutions Limited and 5 more | Director | 03 Dec 1998 | 27 Years 10 Months | Current |
| Kabeer Khader Meera Rawther Also directs: Transmatic Systems Private Limited, Floatels Constructions India Private Limited, Kavvayi Beach Resort Private Limited and 5 more | Director | 28 May 2012 | 14 Years 4 Months | Current |
| Radha Narayanan | Additional Director | 10 Nov 2025 | 0 Years 10 Months | Current |
Charges & Borrowings of Floatels Engineering Private Limited
Floatels Engineering Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Legal Cases of Floatels Engineering Private Limited
Floatels Engineering Private Limited has 1 court case on record: 1 filed against it. All case is disposed. Status as checked on 30 Sep 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Kozhikode, Kerala | Criminal case | Filed against the company by Tailorbird Trading Private Limited | Disposed |
Full case history
All 1 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Employees and EPFO Compliance at Floatels Engineering Private Limited
Employment history and EPFO contributions of people linked to Floatels Engineering.
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 Floatels Engineering Private Limited
Floatels Engineering has one previous CIN (Corporate Identification Number): U29299KL1998PTC012641. The current CIN is U45209KL1998PTC012641, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U45209KL1998PTC012641 | Current |
| U29299KL1998PTC012641 | Previous |
Recent Activity on Floatels Engineering Private Limited
Floatels Engineering Private Limited has 6 board changes on record since 1998: 3 appointments and 3 cessations. The latest: Radha Narayanan was appointed as Additional Director on 10 Nov 2025.
Credit Ratings, Litigation & Regulatory Alerts for Floatels Engineering 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 Floatels Engineering 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 Floatels Engineering 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 Floatels Engineering Private Limited
Floatels Engineering has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 32AADCT6756C1ZI | Kerala | 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 Floatels Engineering 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 Floatels Engineering Private Limited
Floatels Engineering is an active private limited company based in Thiruvananthapuram, Kerala, India. The company works in electrical services, within the construction industry. It was incorporated on 03 December 1998 (28+ years old) and is registered under CIN U45209KL1998PTC012641.
Floatels Engineering reported revenue of ₹31.66 Lakh for FY 2024 (down 19% YoY).
Floatels Engineering has 3 current directors:
- Mavelikalam Ramakrishnan Narayanan - Director
- Kabeer Khader Meera Rawther - Director
- Radha Narayanan - Additional Director
Floatels Engineering reported a net loss of ₹2.26 Lakh (net margin -7.1%) and EBITDA of -₹1.45 Lakh (EBITDA margin -4.6%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Floatels Engineering is -27% over three years and 21% over five years. In the latest year (FY 2024) revenue fell 19%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Floatels Engineering is 32AADCT6756C1ZI, registered in Kerala.
The CIN (Corporate Identification Number) of Floatels Engineering is U45209KL1998PTC012641. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Floatels Engineering has 1 court case on record: 1 filed against it.
Floatels Engineering was incorporated on 03 December 1998, making it 28+ years old. It is registered with the Registrar of Companies, Ernakulam.
The peers of Floatels Engineering by revenue are Gupta Residency Private Limited, Emta Projects Pvt Ltd, Sarvayantra Tech Private Limited, Acroter Design Studio Private Limited, Ballpark Construction Private Limited and 5 more, all in the same principal business activity (Demolition & site preparation, Electrical, plumbing & other Specialized construction Activities).
Radha Narayanan was appointed as Additional Director on 10 Nov 2025. Kabeer Khader Meera Rawther ceased to be Additional Director on 27 Sep 2012. Kabeer Khader Meera Rawther was appointed as Director on 28 May 2012. Floatels Engineering has 6 board changes on record in total.