Formochem Industries (India) Limited
About Formochem Industries (India) Limited
Data last updated:
Formochem Industries (India) Limited was a public limited company based in Mumbai, Maharashtra, India. The company has been converted to a Limited Liability Partnership (LLP) and no longer exists as a company. For the latest details, refer to the successor LLP. It operated in the chemical distribution and retail segment of the chemicals and materials sector. It was incorporated on 27 January 1994.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U24110MH1994PLC076255.
The company had an authorised share capital of ₹1 Cr and a paid-up capital of ₹9.2 Lakh.
Its last annual general meeting (AGM) was held on 29 September 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office was at 12 Haji Habib Bldg II Flr182 Dr B Ambedkar Road Opp Fire Bridged Dadar E, Mumbai, Maharashtra, India – 400014.
As per the financials filed for FY 2017, the company reported a revenue of ₹4.6 Lakh, a decline of 46% compared to the previous year. For the same year it recorded a net profit of ₹240 (net margin 0.1%) and EBITDA of ₹1,199 (EBITDA margin 0.3%).
Company details
CIN history
Formochem Industries (India) has one previous CIN (Corporate Identification Number): U24110MH1994PTC076255. The current CIN is U24110MH1994PLC076255, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U24110MH1994PLC076255 | Current |
| U24110MH1994PTC076255 | Previous |
Contact details
Formochem Industries (India) Limited's registered office is in Mumbai, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered Address12 Haji Habib Bldg II Flr182 Dr B Ambedkar Road Opp Fire Bridged Dadar E, Mumbai, Maharashtra, India – 400014
- IndustryChemicals and Materials, Chemical Distribution & Retail
To see the full contact details of Formochem Industries (India) 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 Formochem Industries (India) is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Formochem Industries (India) Limited, buy the company report.
Financials of Formochem Industries (India) Limited
FY 2017 filings availableFormochem Industries (India) Limited reported revenue of ₹4.6 Lakh (down 46% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue fell 46% in the latest year. EBITDA fell 100% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | |||
| Other Income | |||
| Total Revenue | ₹4.6 Lakh | ||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | ₹1,199 | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | ₹240 | ||
| 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 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 0.3% | ||
| Net Profit Margin | 0.1% | ||
| 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 | |||
To see the full financial statements and ratios of Formochem Industries (India) Limited, buy the company report.
Board of directors of Formochem Industries (India) Limited
Formochem Industries (India) has 3 former directors on record and no current directors listed.
Peer comparison
Formochem Industries (India) Limited is compared with the 5 companies closest to it by revenue in the Chemicals industry (Chemical Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Avera Resource Private Limited | ₹4.72 Lakh (FY 2019) | -97.0% | Mumbai, Maharashtra, India | |||
| Exclusive Trading Company Private Limited | ₹4.69 Lakh (FY 2025) | -2.0% | Mumbai, Maharashtra, India | |||
| Violet Health Products India Private Limited | ₹4.65 Lakh (FY 2024) | Bangalore, Karnataka, India | ||||
| Formochem Industries (India) Limitedthis company | ₹4.6 Lakh (FY 2017) | ₹240 | 0.1% | -46.0% | Mumbai, Maharashtra, India | |
| Aanodaya Distributors Private Limited | ₹4.53 Lakh (FY 2024) | -59.0% | Kolkata, West Bengal, India | |||
| Tranvero Chemicals Private Limited | ₹4.53 Lakh (FY 2024) | -72.0% | Chennai, Tamil Nadu, India |
To see the full peer comparison of Formochem Industries (India) Limited, buy the company report.
Auditor
Formochem Industries (India) Limited is audited by SURESH PATNI & ASSOCIATES for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SURESH PATNI & ASSOCIATES | FY 2017 | 043256 |
Shareholding
The shareholding of Formochem Industries (India) Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Formochem Industries (India) Limited, buy the company report.
Legal cases
No court or tribunal cases involving Formochem Industries (India) Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Formochem Industries (India) Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Formochem Industries (India) Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Formochem Industries (India) Limited has 3 board changes on record since 2018: 0 appointments and 3 cessations. The latest: Kamal Ganeshmal Vora ceased to be Director on 20 Jun 2018.
Frequently asked questions
Formochem Industries (India) has been "Converted to LLP" - the business changed its legal structure from a company to a Limited Liability Partnership. The original company no longer exists in its previous form. For the latest information, refer to the successor LLP entity registered with MCA.
Formochem Industries (India) was a public limited company based in Mumbai, Maharashtra, India. The company worked in chemical distribution and retail, within the chemicals and materials industry. It was incorporated on 27 January 1994 and is registered under CIN U24110MH1994PLC076255. For the latest details, refer to the successor LLP entity.
The CIN (Corporate Identification Number) of Formochem Industries (India) is U24110MH1994PLC076255. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Formochem Industries (India) was incorporated on 27 January 1994. It is registered with the Registrar of Companies, Mumbai.
The registered office of Formochem Industries (India) is at 12 Haji Habib Bldg II Flr182 Dr B Ambedkar Road Opp Fire Bridged Dadar E, Mumbai, Maharashtra, India – 400014.
The latest financial statements of Formochem Industries (India) on record with the MCA are for the year ended 31 March 2017. Its last annual general meeting was held on 29 September 2017. Year-wise statements from 2015 are in the company report.
Formochem Industries (India) operated in the chemicals and materials industry, in the chemical distribution and retail segment.
The peers of Formochem Industries (India) by revenue are Avera Resource Private Limited, Exclusive Trading Company Private Limited, Violet Health Products India Private Limited, Aanodaya Distributors Private Limited, Tranvero Chemicals Private Limited, all in the Chemicals industry (Chemical Retail and Distribution), with the same principal business activity (wholesale trading).
Kamal Ganeshmal Vora ceased to be Director on 20 Jun 2018. Niru Tated ceased to be Director on 20 Jun 2018. Vikram Tated ceased to be Director on 20 Jun 2018.
Formochem Industries (India) can be reached at its registered office: 12 Haji Habib Bldg II Flr182 Dr B Ambedkar Road Opp Fire Bridged Dadar E, Mumbai, Maharashtra, India – 400014.
Formochem Industries (India) is registered under the jurisdiction of the Registrar of Companies (ROC), Mumbai.
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