Fortune Coal Private Limited
About Fortune Coal Private Limited
Data last updated:
Fortune Coal Private Limited is a private limited company based in Surat, Gujarat, India. It operates in the materials retail and distribution segment of the metals and mining sector. It was incorporated on 27 November 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U10100GJ2012PTC072818. Its GSTIN is 24AACCF0897R1Z1 (Gujarat). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹5.05 Lakh. It is led by directors Vinamra Kacholia and Umeshchand Shyambihari Pandey.
Its last annual general meeting (AGM) was held on 30 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office is at Surat, Gujarat.
As per the financials filed for FY 2018, the company reported a revenue of ₹648.33 Cr, a growth of 37% compared to the previous year. For the same year it recorded a net profit of ₹6.5 Cr (net margin 1%) and EBITDA of ₹10.64 Cr (EBITDA margin 1.6%). Revenue has grown at a compounded annual rate (CAGR) of 229% over three years.
The company has about 5 employees on its provident fund (EPFO) records.
Court records list 3 cases involving the company, including 3 filed against it; 2 cases are pending.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
Contact details
Fortune Coal Private Limited's registered office is in Surat, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressOffice No 211 Trinity Cygnus Opp. Cng Station Udhna Magdulla Road V, Esu, Surat, Gujarat, India – 395007
- IndustryMetals and Minerals, Materials Retail & Distribution
To see the full contact details of Fortune Coal 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 Fortune Coal 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 Fortune Coal Private Limited, buy the company report.
Financials of Fortune Coal Private Limited
FY 2018 filings availableFortune Coal Private Limited reported revenue of ₹648.33 Cr (up 37% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 229% over three years, including 37% growth in the latest year. EBITDA rose 33% 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 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ||||
| Other Income | ||||
| Total Revenue | ₹648.33 Cr | |||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | ₹10.64 Cr | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | ₹6.5 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 | ||||
| Cash and Bank Balance | ||||
| Total Assets | ||||
Financial Ratios
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 1.6% | |||
| Net Profit Margin | 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 Fortune Coal Private Limited, buy the company report.
Board of directors of Fortune Coal Private Limited
Fortune Coal has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Umeshchand Shyambihari Pandey | Additional Director | 12 Oct 2015 | 11 Years 1 Months | Current |
| Vinamra Kacholia | Director | 01 Jan 2018 | 8 Years 10 Months | Current |
Peer comparison
Fortune Coal Private Limited is compared with the 5 companies closest to it by revenue in the Metals and Minerals industry (Materials 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 |
|---|---|---|---|---|---|---|
| Saroj Commodities Private Limited | ₹670.02 Cr (FY 2025) | 22.0% | Kolkata, West Bengal, India | |||
| Simpex Overseas Private Limited | ₹658.43 Cr (FY 2025) | -13.0% | Delhi, India | |||
| Fortune Coal Private Limitedthis company | ₹648.33 Cr (FY 2018) | ₹6.5 Cr | 1% | 37.0% | 5 | Surat, Gujarat, India |
| Devendran Coal International Private Limited | ₹646.37 Cr (FY 2024) | 32.0% | Coimbatore, Tamil Nadu, India | |||
| Prabhat Resources Limited | ₹643.99 Cr (FY 2016) | -4.0% | Tuticorin, Tamil Nadu, India | |||
| Metal & Scrap Traders Private Limited | ₹642.01 Cr (FY 2025) | -11.0% | Chennai, Tamil Nadu, India |
To see the full peer comparison of Fortune Coal Private Limited, buy the company report.
Auditor
Fortune Coal Private Limited is audited by A C MEHTA & ASSOCIATES for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| A C MEHTA & ASSOCIATES | FY 2018 | 134308W |
Shareholding
The shareholding of Fortune Coal Private Limited is on record for 3 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Fortune Coal Private Limited, buy the company report.
Legal cases
Fortune Coal Private Limited has 3 court cases on record: 3 filed against it. 2 cases are pending and 1 is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 2 | 2 |
| Supreme Court | 1 | 1 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed against the company by an individual | Pending |
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed against the company by an individual | Pending |
| Supreme Court | Court case (1006-Company Law, Mrtp, Trai, Sebi, Idrai & Rbi : Others) | Filed against the company by Commissioner of Central Excise Goods and Service Tax, Jodhpur Commissioner of Central Excise Goods and Service Tax, Jodhpur CGST Commissionerate, G-5, Street No. 5, New Jodhpur Industrial Area , District: . ,Jodhpur , Rajasthan | Disposed |
To see the full case history of Fortune Coal 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 Coal Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Fortune Coal Private Limited has a workforce of 5 employees on its EPFO records as of Mar 2019, across 1 active EPFO establishment.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2018-19 | 5 |
GST
Fortune Coal has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AACCF0897R1Z1 | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Fortune Coal Private Limited, buy the company report.
Recent activity
Fortune Coal Private Limited has 7 board changes on record since 2014: 2 appointments and 5 cessations. The latest: Vinamra Kacholia ceased to be Director on 16 Dec 2018.
Frequently asked questions
Fortune Coal is an active private limited company based in Surat, Gujarat, India. The company works in materials retail and distribution, within the metals and minerals industry. It was incorporated on 27 November 2012 (14+ years old) and is registered under CIN U10100GJ2012PTC072818.
Fortune Coal has 2 current directors:
- Umeshchand Shyambihari Pandey - Additional Director
- Vinamra Kacholia - Director
The latest financial statements of Fortune Coal on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 30 September 2018. Year-wise statements from 2015 are in the company report.
The GSTIN of Fortune Coal is 24AACCF0897R1Z1, registered in Gujarat. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Fortune Coal is U10100GJ2012PTC072818. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Fortune Coal has 3 court cases on record: 3 filed against it. 2 are pending. Most are in the district courts.
Fortune Coal was incorporated on 27 November 2012, making it 14+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Fortune Coal by revenue are Saroj Commodities Private Limited, Simpex Overseas Private Limited, Devendran Coal International Private Limited, Prabhat Resources Limited, Metal & Scrap Traders Private Limited, all in the Metals and Minerals industry (Materials Retail and Distribution), with the same principal business activity (wholesale trading).
Vinamra Kacholia ceased to be Director on 16 Dec 2018. Umeshchand Shyambihari Pandey ceased to be Additional Director on 01 Nov 2018. Rishabh Sharman ceased to be Director on 01 Jan 2018. Fortune Coal has 7 board changes on record in total.
The registered office of Fortune Coal is at Office No 211 Trinity Cygnus Opp. Cng Station Udhna Magdulla Road V, Esu, Surat, Gujarat, India – 395007.
Fortune Coal operates in the metals and minerals industry, in the materials retail and distribution segment.
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