About Flometallic India Private Limited
Data last updated:
Flometallic India Private Limited was a private limited company based in Chennai, Tamil Nadu, India. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the auto parts and components segment of the automotive sector. It was incorporated on 05 April 2010.
The company was registered with the Registrar of Companies (ROC), Chennai, under CIN U28113TN2010PTC075244. Its GSTIN is 24AABCF5030D1ZC (Gujarat).
The company had an authorised share capital of ₹100 Cr and a paid-up capital of ₹95 Cr. It was formerly known as Flometallic India Limited. It was led by directors including Suryaprakashrao Kunapuli and Shankar Gopalan.
Its last annual general meeting (AGM) was held on 13 June 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office was at 67 Chamiers Road, Chennai, Tamil Nadu, India – 600028.
As per the financials filed for FY 2022, the company reported a revenue of ₹332.29 Cr, a growth of 21% compared to the previous year. For the same year it recorded a net loss of ₹22.37 Cr (net margin -6.7%) and EBITDA of ₹62.6 Cr (EBITDA margin 18.8%). Revenue has grown at a compounded annual rate (CAGR) of 4% over five years.
The company had about 128 employees on its provident fund (EPFO) records before it was dissolved.
As per MCA filings, the company had satisfied charges of ₹65.96 Cr on record. Court records list 6 cases involving the company, including 2 filed by the company and 4 filed against it. The company has 2 deals on record (2 secondary share transfers); the latest was in March 2021.
The last known website on record is flometallic.co.in.
Company details
CIN history
Flometallic India has one previous CIN (Corporate Identification Number): U28113TN2010PLC075244. The current CIN is U28113TN2010PTC075244, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U28113TN2010PTC075244 | Current |
| U28113TN2010PLC075244 | Previous |
Contact details
Flometallic India Private Limited's registered office is in Chennai, Tamil Nadu. Its website is flometallic.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address67 Chamiers Road, Chennai, Tamil Nadu, India – 600028
- IndustryAutomotive, Auto Parts & Components
To see the full contact details of Flometallic India 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 Flometallic India is manufacturing. In detail, this covers metal and metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products |
To see the full business activity and turnover split of Flometallic India Private Limited, buy the company report.
Financials of Flometallic India Private Limited
FY 2022 filings availableFlometallic India Private Limited reported revenue of ₹332.29 Cr (up 21% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 4% over five years, including 21% growth in the latest year. EBITDA rose 30% 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹332.29 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹62.6 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹22.37 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 | |||||
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| Total Assets | |||||
Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 18.8% | ||||
| Net Profit Margin | -6.7% | ||||
| 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 Flometallic India Private Limited, buy the company report.
Board of directors of Flometallic India Private Limited
Flometallic India has 3 current directors and 13 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Suryaprakashrao Kunapuli Also directs: Forge 2000 Private Limited | Director | 25 Sep 2010 | 16 Years 0 Months | As last reported |
| Shankar Gopalan Also directs: Sundaram Composite Structures Private Limited, Sundaram Dynacast Private Limited, Biads India Private Limited and 3 more | Director | 14 Feb 2022 | 4 Years 8 Months | As last reported |
| Srivats Ram | Director | 14 Feb 2022 | 4 Years 8 Months | As last reported |
Auditor
Flometallic India Private Limited is audited by S P V R AND ASSOCIATES for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S P V R AND ASSOCIATES | FY 2022 | 0016918S |
Shareholding
The shareholding of Flometallic India Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Flometallic India Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 17 Dec 2015 | 10610770 | Hdfc Bank Limited | ₹9.76 Cr | Satisfied | |
| 27 Jul 2012 | 10371391 | Dbs Bank Ltd | ₹19.28 Cr | Satisfied | |
| 21 Nov 2011 | 10318712 | Dbs Bank Ltd | ₹36.93 Cr | Satisfied |
To see the full charge records of Flometallic India Private Limited, buy the company report.
Total charge records: 3 View all charges
Deals & funding
Flometallic India Private Limited has 2 deals on record (2 secondary share transfers); the latest was in March 2021.
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2021 | Secondary share transfer | Undisclosed | Buyer: TSF Investments Limited |
| Aug 2012 | Secondary share transfer | Undisclosed | Buyer: Abi-Showatech (India) Private Limited , an individual Seller: 2 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Flometallic India Private Limited has 6 court cases on record: 2 filed by Flometallic India, 4 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 4 | 4 | 0 |
| NCLT | 2 | 0 | 0 |
Cases on record (5 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, GUJARAT | Appeal | Filed against the company by an individual | Disposed |
| High Court, GUJARAT | Appeal | Filed against the company by an individual | Disposed |
| NCLT, Chennai | Court case (C.P.(CAA)) | Filed by the company | Disposed |
| NCLT, Chennai | Court case (C.A.(CAA)) | Filed by the company | Disposed |
| High Court, GUJARAT | Special civil application | Filed against the company by individuals | Disposed |
To see the full case history of Flometallic India 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.
Credit ratings & regulatory alerts
Flometallic India Private Limited was last rated by Icra on 05 Jul 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Icra | 05 Jul 2021 |
To see the full credit ratings and regulatory alerts of Flometallic India Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Flometallic India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Flometallic India has 1 associated company. This group structure data is as of FY 2022. The table lists each entity with its relationship and holding.
Employees & EPFO
Flometallic India Private Limited has a workforce of 128 employees on its EPFO records as of Mar 29, 2024, across 1 active EPFO establishment.
GST
Flometallic India has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AABCF5030D1ZC | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Flometallic India Private Limited, buy the company report.
Recent activity
Flometallic India Private Limited has 13 board changes on record since 2010: 3 appointments and 10 cessations. The latest: Shankar Gopalan ceased to be Additional Director on 13 Jun 2022.
12 earlier events are in the company report.
Frequently asked questions
Flometallic India has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Flometallic India was a private limited company based in Chennai, Tamil Nadu, India. The company worked in auto parts and components, within the automotive industry. It was incorporated on 05 April 2010 and is registered under CIN U28113TN2010PTC075244. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Flometallic India was incorporated on 05 April 2010. It is registered with the Registrar of Companies, Chennai.
Flometallic India had 3 directors:
- Suryaprakashrao Kunapuli - Director
- Shankar Gopalan - Director
- Srivats Ram - Director
The CIN (Corporate Identification Number) of Flometallic India is U28113TN2010PTC075244. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Flometallic India is at 67 Chamiers Road, Chennai, Tamil Nadu, India – 600028.
Flometallic India can be reached through the website flometallic.co.in. Its registered office is in Chennai, Tamil Nadu, India.
The latest financial statements of Flometallic India on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 13 June 2022. Year-wise statements from 2015 are in the company report.
The GSTIN of Flometallic India is 24AABCF5030D1ZC, registered in Gujarat.
Flometallic India operated in the automotive industry, in the auto parts and components segment.