About Fortune Industries Limited
Data last updated:
Fortune Industries Limited is a public limited company based in Haveli, Dadra And Nagar Haveli, India. It operates in the software development and support services segment of the technology and IT services sector. It was incorporated on 10 June 1994 and has been in existence for over 32 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U99999DN1994PLC000068.
The company has an authorised share capital of ₹12 Cr and a paid-up capital of ₹4.04 Cr. It was formerly known as Fortune Industries Private Limited. It is led by director Kishor Manilal Joshi.
Its last annual general meeting (AGM) was held on 26 September 2008, and its latest financial statements are for the year ended 31 March 2008. The registered office is at At & Pst;Dadra Opp.Policestation UT Of Dadra & Nagar Haveli – 396191., Dadra and Nagar Haveli, India – 396191.
The company has about 9 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹52 Lakh on record. Court records list 4 cases involving the company, including 2 filed by the company and 2 filed against it; 1 case is pending.
The current compliance status is marked as active non-compliant by the Registrar of Companies. For more details, the company can be reached via its website fortuneindustries.net.
Company details
Contact details
Fortune Industries Limited's registered office is in Haveli, Dadra And Nagar Haveli.
- Registered AddressAt & Pst;Dadra Opp.Policestation UT Of Dadra & Nagar Haveli – 396191., Dadra and Nagar Haveli, India – 396191
- IndustryInformation Technology, Software Development & Support Services
- 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
Financials of Fortune Industries Limited
FY 2008 filings availableFinancial Statement Summary
| Metrics | FY 2007-08 |
|---|---|
| Profit and Loss Statement | |
| Revenue from Operations | |
| Other Income | |
| Total Revenue | |
| Cost of Materials Consumed | |
| Employee Benefit Expense | |
| Finance Costs | |
| Depreciation and Amortisation | |
| Other Expenses | |
| Total Expenses | |
| EBITDA | |
| Profit Before Tax | |
| Tax Expense | |
| Net Profit (PAT) | |
| 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 2007-08 |
|---|---|
| Profitability | |
| EBITDA Margin | |
| Net Profit Margin | |
| 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 Industries Limited, buy the company report.
Board of directors of Fortune Industries Limited
Fortune Industries has 1 director on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kishor Manilal Joshi | Director | 01 Apr 2001 | 25 Years 7 Months | Current |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 13 May 1997 | 90367985 | The Ahmedabad Peoples Co-Op Bank Ltd. | ₹6 Lakh | Open | |
| 02 Mar 1995 | 90367979 | Bank of Baroda | ₹46 Lakh | Open |
Total charge records: 2 View all charges
Legal cases
Fortune Industries Limited has 4 court cases on record: 2 filed by Fortune Industries, 2 filed against it. 1 case is pending and 3 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 3 | 1 | 1 |
| District courts | 1 | 1 | 0 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, GUJARAT | Court case (TAXAP) | Filed against the company by Principal Commissioner of Income Tax 2 | Pending |
| High Court of Delhi | Court case (CRL.O.(CO.)) | Filed by the company against an individual | Disposed |
| District court, Ahmedabad, Gujarat | Court case (CS CCC) | Filed against the company by Hiren J. Sawai - Director of Benchmark Agency P.Ltd.Pvt. Ltd. | Disposed |
| High Court, GUJARAT | Court case (TAXAP) | Filed by the company against Income Tax Officer, | Disposed |
To see the full case history of Fortune Industries 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 Industries 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 Fortune Industries Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Fortune Industries Limited has 1 board change on record since 2001: 1 appointment. The latest: Kishor Manilal Joshi was appointed as Director on 01 Apr 2001.
Frequently asked questions
Fortune Industries is an active public limited company based in Haveli, Dadra And Nagar Haveli, India. The company works in software development and support services, within the information technology industry. It was incorporated on 10 June 1994 (32+ years old) and is registered under CIN U99999DN1994PLC000068.
Fortune Industries has 1 current director:
- Kishor Manilal Joshi - Director
The latest financial statements of Fortune Industries on record with the MCA are for the year ended 31 March 2008. Its last annual general meeting was held on 26 September 2008. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Fortune Industries is U99999DN1994PLC000068. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Fortune Industries has 4 court cases on record: 2 filed by the company and 2 filed against it. 1 is pending. Most are in the high courts.
Fortune Industries was incorporated on 10 June 1994, making it 32+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Kishor Manilal Joshi was appointed as Director on 01 Apr 2001.
Fortune Industries can be reached through the website fortuneindustries.net. Its registered office is in Haveli, Dadra And Nagar Haveli, India.
The registered office of Fortune Industries is at At & Pst;Dadra Opp.Policestation UT Of Dadra & Nagar Haveli – 396191., Dadra and Nagar Haveli, India – 396191.
Fortune Industries operates in the information technology industry, in the software development and support services segment.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
