About Fortius Automation Solutions Private Limited
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Fortius Automation Solutions Private Limited is a private limited company based in Bengaluru, Karnataka, India. It operates in the IT products retail and distribution segment of the technology and IT services sector. It was incorporated on 28 April 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U05190KA2005PTC036160. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors Mohan Murugmalla Gopalappa (Managing Director) and Veena.
Its last annual general meeting (AGM) was held on 29 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office is at No.3284 3rd Floor Rsm Lake View 100 Ft. Road 6th Block Sir.M.V.Layout, Bengaluru, Karnataka, India – 560110.
As per the financials filed for FY 2018, the company reported a revenue of ₹89.97 Lakh, a decline of 20% compared to the previous year. For the same year it recorded a net profit of ₹1.32 Lakh (net margin 1.5%) and EBITDA of ₹8.69 Lakh (EBITDA margin 9.7%). Revenue has declined at a compounded annual rate (CAGR) of 23% over three years.
As per MCA filings, the company has open charges of ₹2 Lakh and satisfied charges of ₹79.5 Lakh on record. Court records list 11 cases involving the company, including 11 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website fortius-india.com.
Company details
Contact details
Fortius Automation Solutions Private Limited's registered office is in Bengaluru, Karnataka. Its website is fortius-india.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressNo.3284 3rd Floor Rsm Lake View 100 Ft. Road 6th Block Sir.M.V.Layout, Bengaluru, Karnataka, India – 560110
- IndustryInformation Technology, IT Products Retail & Distribution
To see the full contact details of Fortius Automation Solutions 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 Fortius Automation Solutions is manufacturing. In detail, this covers computer, electronic, communication and scientific measuring & control equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C9 | Computer, electronic, Communication and scientific measuring & control equipment |
To see the full business activity and turnover split of Fortius Automation Solutions Private Limited, buy the company report.
Financials of Fortius Automation Solutions Private Limited
FY 2018 filings availableFortius Automation Solutions Private Limited reported revenue of ₹89.97 Lakh (down 20% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 23% over three years, including a 20% fall in the latest year. EBITDA rose 80% 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
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| EBITDA | ₹8.69 Lakh | |||
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| Net Profit (PAT) | ₹1.32 Lakh | |||
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Financial Ratios
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
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| Profitability | ||||
| EBITDA Margin | 9.7% | |||
| Net Profit Margin | 1.5% | |||
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To see the full financial statements and ratios of Fortius Automation Solutions Private Limited, buy the company report.
Board of directors of Fortius Automation Solutions Private Limited
Fortius Automation Solutions has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mohan Murugmalla Gopalappa | Managing Director | 06 Apr 2006 | 20 Years 6 Months | Current |
| Veena | Director | 14 Dec 2009 | 16 Years 10 Months | Current |
Auditor
Fortius Automation Solutions Private Limited is audited by CHANDRASHEKAR KOTE & CO for the financial year 2015.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| CHANDRASHEKAR KOTE & CO | FY 2015 | 000592S |
Shareholding
The shareholding of Fortius Automation Solutions Private Limited is on record for 3 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Fortius Automation Solutions Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 31 Mar 2010 | 10509991 | Punjab National Bank | ₹2 Lakh | Open | |
| 29 Aug 2013 | 10451385 | Yes Bank Limited | ₹40 Lakh | Satisfied | |
| 10 Jan 2011 | 10261298 | The Karnataka Bank Limited | ₹5 Lakh | Satisfied | |
| 19 Jul 2010 | 10237746 | The Karnatka Bank Limited | ₹22 Lakh | Satisfied | |
| 17 Jul 2006 | 10012781 | Punjab National Bank | ₹12.5 Lakh | Satisfied |
To see the full charge records of Fortius Automation Solutions Private Limited, buy the company report.
Total charge records: 5 View all charges
Legal cases
Fortius Automation Solutions Private Limited has 11 court cases on record: 11 filed against it. 1 case is pending and 10 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 11 | 11 | 1 |
Cases on record (5 of 11)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summons Cases SS) | Filed against the company by CG Power and Industrial Solutions Ltd | Pending |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by Skytech Infinite Platform Pvt Ltd., | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by Skytech Infinite Platform Pvt Ltd., | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by Ms. Kotak Mahindra Bank Ltd. | Disposed |
| District court, Ahmedabad, Gujarat | Court case (SMST R) | Filed against the company by Alpesh B Kachhadiya Director of Kinco Automation Pvt.Ltd. | Disposed |
To see the full case history of Fortius Automation Solutions 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 Fortius Automation Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Fortius Automation Solutions has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Fortius Automation Solutions Private Limited, buy the company report.
Recent activity
Fortius Automation Solutions Private Limited has 4 board changes on record since 2006: 2 appointments and 2 cessations. The latest: Veena ceased to be Additional Director on 27 Sep 2013.
5 earlier events are in the company report.
Frequently asked questions
Fortius Automation Solutions is an active private limited company based in Bengaluru, Karnataka, India. The company works in IT products retail and distribution, within the information technology industry. It was incorporated on 28 April 2005 (21+ years old) and is registered under CIN U05190KA2005PTC036160.
Fortius Automation Solutions has 2 current directors:
- Mohan Murugmalla Gopalappa - Managing Director
- Veena - Director
The latest financial statements of Fortius Automation Solutions on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 29 September 2018. Year-wise statements from 2015 are in the company report.
No. Fortius Automation Solutions has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Fortius Automation Solutions is U05190KA2005PTC036160. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Fortius Automation Solutions has 11 court cases on record: 11 filed against it. 1 is pending.
Fortius Automation Solutions was incorporated on 28 April 2005, making it 21+ years old. It is registered with the Registrar of Companies, Bangalore.
Veena ceased to be Additional Director on 27 Sep 2013. Narayanaswamy Muneppa ceased to be Director on 16 Dec 2009. Veena was appointed as Director on 14 Dec 2009. Fortius Automation Solutions has 4 board changes on record in total.
Fortius Automation Solutions can be reached through the website fortius-india.com. Its registered office is in Bengaluru, Karnataka, India.
The registered office of Fortius Automation Solutions is at No.3284 3rd Floor Rsm Lake View 100 Ft. Road 6th Block Sir.M.V.Layout, Bengaluru, Karnataka, India – 560110.
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