Fortune Telenet Private Limited
About Fortune Telenet Private Limited
Data last updated:
Fortune Telenet Private Limited is a private limited company based in Delhi, India. It operates in the engineering sector. It was incorporated on 18 March 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U64200DL2008PTC175502. Its GSTIN is 09AABCF2036P1ZF (Uttar Pradesh). The company holds 3 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Ashish Singhal and Narendra Singh Yadav.
Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at H – 40 West Jyoti Nagar Shahdara, Delhi, India – 110094.
As per the financials filed for FY 2019, the company reported a revenue of ₹31.21 Lakh, a decline of 65% compared to the previous year. For the same year it recorded a net profit of ₹89,907 (net margin 2.9%) and EBITDA of ₹16.52 Lakh (EBITDA margin 52.9%). Revenue has declined at a compounded annual rate (CAGR) of 43% over three years and 21% over five years.
The company has about 17 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹15 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Fortune Telenet Private Limited's registered office is in Delhi, Delhi. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressH – 40 West Jyoti Nagar Shahdara, Delhi, India – 110094
- IndustryEngineering, Engineering, Procurement & Construction (EPC)
To see the full contact details of Fortune Telenet 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 Telenet is real estate. In detail, this covers real estate activities on fee or contract basis.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| L | Real Estate | L2 | Real estate activities on fee or contract basis |
To see the full business activity and turnover split of Fortune Telenet Private Limited, buy the company report.
Financials of Fortune Telenet Private Limited
FY 2019 filings availableFortune Telenet Private Limited reported revenue of ₹31.21 Lakh (down 65% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 21% over five years, including a 65% fall in the latest year. EBITDA fell 14% 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹31.21 Lakh | ||||
| Cost of Materials Consumed | |||||
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| Depreciation and Amortisation | |||||
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| Total Expenses | |||||
| EBITDA | ₹16.52 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹89,907 | ||||
| Balance Sheet | |||||
| Share Capital | |||||
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Financial Ratios
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 52.9% | ||||
| Net Profit Margin | 2.9% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Receivable Days | |||||
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| Revenue Growth | |||||
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To see the full financial statements and ratios of Fortune Telenet Private Limited, buy the company report.
Board of directors of Fortune Telenet Private Limited
Fortune Telenet has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ashish Singhal | Director | 01 Feb 2013 | 13 Years 9 Months | Current |
| Narendra Singh Yadav | Director | 18 Mar 2008 | 18 Years 7 Months | Current |
Auditor
Fortune Telenet Private Limited is audited by N K SODHANI & COMPANY for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| N K SODHANI & COMPANY | FY 2019 | 027581N |
Shareholding
The shareholding of Fortune Telenet Private Limited is on record for 5 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Fortune Telenet Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 06 Jul 2015 | 10581014 | State Bank of Bikaner & Jaipur | ₹15 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Fortune Telenet Private 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 Fortune Telenet Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Fortune Telenet Private Limited has a workforce of 17 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
GST
Fortune Telenet has 3 GST registrations: 1 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 09AABCF2036P1ZF | Uttar Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Fortune Telenet Private Limited, buy the company report.
Recent activity
Fortune Telenet Private Limited has 6 board changes on record since 2008: 2 appointments and 4 cessations. The latest: Ajay Sharma ceased to be Director on 21 Jun 2021.
Frequently asked questions
Fortune Telenet is an active private limited company based in Delhi, India. The company works in the engineering industry. It was incorporated on 18 March 2008 (18+ years old) and is registered under CIN U64200DL2008PTC175502.
Fortune Telenet has 2 current directors:
- Ashish Singhal - Director
- Narendra Singh Yadav - Director
The latest financial statements of Fortune Telenet on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 30 September 2019. Year-wise statements from 2015 are in the company report.
The GSTIN of Fortune Telenet is 09AABCF2036P1ZF, registered in Uttar Pradesh. The company has 3 GST registrations in all, of which 1 is active and 2 are cancelled or inactive.
The CIN (Corporate Identification Number) of Fortune Telenet is U64200DL2008PTC175502. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Fortune Telenet was incorporated on 18 March 2008, making it 18+ years old. It is registered with the Registrar of Companies, Delhi.
Ajay Sharma ceased to be Director on 21 Jun 2021. Shashi Yadav ceased to be Director on 01 Aug 2018. Ashish Singhal ceased to be Additional Director on 27 Sep 2013. Fortune Telenet has 6 board changes on record in total.
The registered office of Fortune Telenet is at H – 40 West Jyoti Nagar Shahdara, Delhi, India – 110094.
Fortune Telenet operates in the engineering industry.
Fortune Telenet has open charges of ₹15 Lakh and no satisfied charges on record as per latest MCA filings.
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