Fortune Cement Private Limited
About Fortune Cement Private Limited
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Fortune Cement Private Limited is a private limited company based in Asansol, West Bengal, India. It operates in the cement and cement products segment of the manufacturing sector. It was incorporated on 07 July 1997 and has been in existence for over 29 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U26942WB1997PTC084828. Its GSTIN is 19AAACF4839R1ZW (West Bengal).
The company has an authorised share capital of ₹1.05 Cr and a paid-up capital of ₹1.03 Cr. It is led by directors Kunal Poddar and Anita Poddar.
Its last annual general meeting (AGM) was held on 29 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at Fortune Cement Private Limited Vill: Aldih Po: Sitarampur Ps: Kulti, Asansol, West Bengal, India – 713359.
As per the financials filed for FY 2023, the company reported a revenue of ₹13.56 Cr, a growth of 33% compared to the previous year. For the same year it recorded a net profit of ₹28.58 Lakh (net margin 2.1%) and EBITDA of ₹64.65 Lakh (EBITDA margin 4.8%). Revenue has grown at a compounded annual rate (CAGR) of 23% over three years and 35% over five years.
The company has about 16 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹1.15 Cr and satisfied charges of ₹27 Lakh on record. Court records list 40 cases involving the company, including 38 filed by the company and 2 filed against it; 37 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Fortune Cement Private Limited's registered office is in Asansol, West Bengal. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressFortune Cement Private Limited Vill: Aldih Po: Sitarampur Ps: Kulti, Asansol, West Bengal, India – 713359
- IndustryManufacturing, Cement & Cement Products
To see the full contact details of Fortune Cement 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 activities of Fortune Cement are manufacturing and trade. In detail, this covers other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities and wholesale trading. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C13 | Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities | |
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Fortune Cement Private Limited, buy the company report.
Financials of Fortune Cement Private Limited
FY 2023 filings availableFortune Cement Private Limited reported revenue of ₹13.56 Cr (up 33% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 35% over five years, including 33% growth in the latest year. EBITDA rose 90% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| EBITDA | ₹64.65 Lakh | ||||
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| Net Profit (PAT) | ₹28.58 Lakh | ||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| Profitability | |||||
| EBITDA Margin | 4.8% | ||||
| Net Profit Margin | 2.1% | ||||
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To see the full financial statements and ratios of Fortune Cement Private Limited, buy the company report.
Board of directors of Fortune Cement Private Limited
Fortune Cement has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kunal Poddar Also directs: 523Buddha Technologies Private Limited | Director | 01 Jan 2018 | 8 Years 9 Months | Current |
| Anita Poddar Also directs: 523Buddha Technologies Private Limited | Director | 07 Feb 2012 | 14 Years 8 Months | Current |
Peer comparison
Fortune Cement Private Limited is compared with the 4 companies closest to it by revenue in the Manufacturing industry (Cement and Cement Products), with the same principal business activity (other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Uttam Prestress Processes Private Limited | ₹13.72 Cr (FY 2025) | 51.0% | Sangli, Maharashtra, India | |||
| Laxmi Blocks Building Private Limited | ₹13.7 Cr (FY 2025) | -30.0% | Surat, Gujarat, India | |||
| Fortune Cement Private Limitedthis company | ₹13.56 Cr (FY 2023) | ₹28.58 Lakh | 2.1% | 33.0% | 16 | Asansol, West Bengal, India |
| Spectrum Concrete Private Limited | ₹13.23 Cr (FY 2025) | 18.0% | New Delhi, Delhi, India | |||
| Kota Mixcrete Private Limited | ₹13.18 Cr (FY 2024) | -25.0% | Kota, Rajasthan, India |
To see the full peer comparison of Fortune Cement Private Limited, buy the company report.
Auditor
Fortune Cement Private Limited is audited by J.LOYALKA & CO. for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| J.LOYALKA & CO. | FY 2022 | 306143E |
Shareholding
The shareholding of Fortune Cement Private Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Fortune Cement Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 31 Jan 2022 | 100560035 | Hdfc Bank Limited | ₹1.15 Cr | Open | |
| 25 Mar 2003 | 90370759 | Others | ₹27 Lakh | Satisfied |
To see the full charge records of Fortune Cement Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Fortune Cement Private Limited has 40 court cases on record: 38 filed by Fortune Cement, 2 filed against it. 37 cases are pending and 3 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 37 | 0 | 37 |
| High courts | 3 | 2 | 0 |
Cases on record (5 of 40)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Paschim Bardhaman, West Bengal | Criminal complaint | Filed by the company against Saryug Gautam Construction Pvt. Ltd. | Pending |
| High Court | Civil suit | Filed against the company by Jagdamba Industries Ltd . | Disposed |
| District court, Paschim Bardhaman, West Bengal | Criminal complaint | Filed by the company against an individual | Pending |
| District court, Paschim Bardhaman, West Bengal | Criminal complaint | Filed by the company against an individual | Pending |
| District court, Paschim Bardhaman, West Bengal | Criminal complaint | Filed by the company against an individual | Pending |
To see the full case history of Fortune Cement 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 Fortune Cement Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Fortune Cement Private Limited has a workforce of 16 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
GST
Fortune Cement has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AAACF4839R1ZW | West Bengal | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Fortune Cement Private Limited, buy the company report.
Recent activity
Fortune Cement Private Limited has 5 board changes on record since 2012: 2 appointments and 3 cessations. The latest: Subodh Kumar Poddar ceased to be Director on 05 Nov 2022.
Frequently asked questions
Fortune Cement is an active private limited company based in Asansol, West Bengal, India. The company works in cement and cement products, within the manufacturing industry. It was incorporated on 07 July 1997 (29+ years old) and is registered under CIN U26942WB1997PTC084828.
Fortune Cement has 2 current directors:
- Kunal Poddar - Director
- Anita Poddar - Director
The latest financial statements of Fortune Cement on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 29 September 2023. Year-wise statements from 2015 are in the company report.
The GSTIN of Fortune Cement is 19AAACF4839R1ZW, registered in West Bengal.
The CIN (Corporate Identification Number) of Fortune Cement is U26942WB1997PTC084828. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Fortune Cement has 40 court cases on record: 38 filed by the company and 2 filed against it. 37 are pending. Most are in the district courts.
Fortune Cement was incorporated on 07 July 1997, making it 29+ years old. It is registered with the Registrar of Companies, Kolkata.
The peers of Fortune Cement by revenue are Uttam Prestress Processes Private Limited, Laxmi Blocks Building Private Limited, Spectrum Concrete Private Limited, Kota Mixcrete Private Limited, all in the Manufacturing industry (Cement and Cement Products), with the same principal business activity (other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities).
Subodh Kumar Poddar ceased to be Director on 05 Nov 2022. Deepak Kumar Poddar ceased to be Director on 18 May 2018. Raghubar Dayal Poddar ceased to be Director on 18 Feb 2018. Fortune Cement has 5 board changes on record in total.
The registered office of Fortune Cement is at Fortune Cement Vill: Aldih Po: Sitarampur Ps: Kulti, Asansol, West Bengal, India – 713359.
Fortune Cement operates in the manufacturing industry, in the cement and cement products segment.