Followel Engineering Ltd
About Followel Engineering Ltd
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Followel Engineering Ltd is a public limited company based in Kolkata, West Bengal, India. It operates in the brokerage and trading services segment of the financial services sector. It was incorporated on 06 May 1981 and has been in existence for over 45 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U74210WB1981PLC033626. Its GSTIN is 19AAACF3644E1ZU (West Bengal).
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹3.45 Cr. It is led by directors including Siddharth Jhunjhunwala and Kashinath Jhunjhunwala.
Its last annual general meeting (AGM) was held on 27 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 4 Clyde Row Hastings, Kolkata, West Bengal, India – 700022.
As per the financials filed for FY 2025, the company reported a revenue of ₹2.31 Cr, a decline of 70% compared to the previous year. For the same year it recorded a net profit of ₹1.67 Cr (net margin 72.5%) and EBITDA of ₹1.74 Cr (EBITDA margin 75.6%). Revenue has declined at a compounded annual rate (CAGR) of 52% over three years and 26% over five years.
Court records list 30 cases involving the company, including 19 filed by the company and 11 filed against it; 12 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
Followel Engineering has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U74210WB1981PLC033626, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74210WB1981PLC033626 | Current |
| L99999WB1981PLC033626 | Previous |
| U99999WB1981PLC033626 | Previous |
Contact details
Followel Engineering Ltd's registered office is in Kolkata, West Bengal. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address4 Clyde Row Hastings, Kolkata, West Bengal, India – 700022
- IndustryFinancial Services, Brokerage & Trading Services
To see the full contact details of Followel Engineering Ltd, 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 Followel Engineering is financial and insurance activities. In detail, this covers activities auxiliary to financial service and insurance activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance activities | 66 | Activities auxiliary to financial service and insurance activities |
To see the full business activity and turnover split of Followel Engineering Ltd, buy the company report.
Financials of Followel Engineering Ltd
FY 2025 filings availableFollowel Engineering Ltd reported revenue of ₹2.31 Cr (down 70% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 26% over five years, including a 70% fall in the latest year. EBITDA fell 75% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹1.74 Cr | ||||
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| Net Profit (PAT) | ₹1.67 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 75.6% | ||||
| Net Profit Margin | 72.5% | ||||
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To see the full financial statements and ratios of Followel Engineering Ltd, buy the company report.
Board of directors of Followel Engineering Ltd
Followel Engineering has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Siddharth Jhunjhunwala Also directs: Rashtra Cement Company Ltd, Vishnu Mercantiles Pvt. Ltd., Good Earth Ingredients Private Limited and 1 more | Director | 30 Jul 2014 | 12 Years 2 Months | Current |
| Kashinath Jhunjhunwala Also directs: Rashtra Cement Company Ltd, Jhunjhunwala Glass Ltd, Trans Made Energy Limited and 3 more | Director | 01 Feb 1993 | 33 Years 8 Months | Current |
| Manish Jhunjhunwala Also directs: Rashtra Cement Company Ltd, Jhunjhunwala Glass Ltd, Trans Made Energy Limited and 5 more | Director | 22 Feb 2007 | 19 Years 8 Months | Current |
Auditor
Followel Engineering Ltd is audited by S. JAYKISHAN for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S. JAYKISHAN | FY 2022 | 309005E |
Shareholding
The shareholding of Followel Engineering Ltd 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 Followel Engineering Ltd, buy the company report.
Legal cases
Followel Engineering Ltd has 30 court cases on record: 19 filed by Followel Engineering, 11 filed against it. 12 cases are pending and 18 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 15 | 3 | 8 |
| High courts | 15 | 8 | 4 |
Cases on record (5 of 30)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Calcutta, West Bengal | Civil suit | Filed by the company against Khaitan Electricals Limited and 4 others | Pending |
| District court, Calcutta, West Bengal | Civil suit | Filed by the company against Videocon Industries Limited and Others | Pending |
| District court, Calcutta, West Bengal | Civil suit | Filed by the company against Ms Elder Pharmaceuticals Ltd. 2 Others | Pending |
| District court, Calcutta, West Bengal | Civil suit | Filed by the company against Indage Vintners Ltd. and 5 others | Pending |
| District court, Calcutta, West Bengal | Civil suit | Filed by the company against Ankur Drugs and Pharma Ltd. and 3 others | Pending |
To see the full case history of Followel Engineering Ltd, 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 Followel Engineering Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Followel Engineering has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AAACF3644E1ZU | West Bengal | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Followel Engineering Ltd, buy the company report.
Recent activity
Followel Engineering Ltd has 5 board changes on record since 1993: 3 appointments and 2 cessations. The latest: Siddharth Jhunjhunwala ceased to be Additional Director on 29 Sep 2014.
Frequently asked questions
Followel Engineering is an active public limited company based in Kolkata, West Bengal, India. The company works in brokerage and trading services, within the financial services industry. It was incorporated on 06 May 1981 (45+ years old) and is registered under CIN U74210WB1981PLC033626.
Followel Engineering has 3 current directors:
- Siddharth Jhunjhunwala - Director
- Kashinath Jhunjhunwala - Director
- Manish Jhunjhunwala - Director
The latest financial statements of Followel Engineering on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 27 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Followel Engineering is 19AAACF3644E1ZU, registered in West Bengal.
The CIN (Corporate Identification Number) of Followel Engineering is U74210WB1981PLC033626. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Followel Engineering has 30 court cases on record: 19 filed by the company and 11 filed against it. 12 are pending. Most are in the district courts.
Followel Engineering was incorporated on 06 May 1981, making it 45+ years old. It is registered with the Registrar of Companies, Kolkata.
Siddharth Jhunjhunwala ceased to be Additional Director on 29 Sep 2014. Rajendra Kumar Newatia ceased to be Director on 30 Jul 2014. Siddharth Jhunjhunwala was appointed as Director on 30 Jul 2014. Followel Engineering has 5 board changes on record in total.
The registered office of Followel Engineering is at 4 Clyde Row Hastings, Kolkata, West Bengal, India – 700022.
Followel Engineering operates in the financial services industry, in the brokerage and trading services segment.