About Fortune Tire Tech Limited
Data last updated:
Fortune Tire Tech Limited is a public limited company based in Choutuppal, Telangana, India. It operates in the auto parts and components segment of the automotive sector. It was incorporated on 23 February 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U25119TG2011PLC072836. Its GSTIN is 36AABCF6811G1ZU (Telangana). The company holds 4 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹6.5 Cr and a paid-up capital of ₹6.14 Cr. It was formerly known as Fortune Tire Tech Private Limited. It is led by directors including Vijayapalreddy Kondapally (Managing Director) and Chaithanya Kondapally.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Survey No: 83/E Toopranpet Village Choutuppal Mandal Bhongiri Yadadri, Telangana, India – 508252.
As per the financials filed for FY 2025, the company reported a revenue of ₹5.34 Cr, a decline of 52% compared to the previous year. For the same year it recorded a net loss of ₹2.34 Cr (net margin -43.8%) and EBITDA of -₹1.37 Cr (EBITDA margin -25.6%). Revenue has declined at a compounded annual rate (CAGR) of 33% over three years and 10% over five years.
The company has about 19 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Fortune Tire Tech. As per MCA filings, the company has open charges of ₹11.04 Cr and satisfied charges of ₹19.74 Cr on record. Court records list 5 cases involving the company, including 4 filed by the company and 1 filed against it; 2 cases are 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 fortunetiretech.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressSurvey No: 83/E Toopranpet Village Choutuppal Mandal Bhongiri Yadadri, Telangana, India – 508252
- IndustryAutomotive, Auto Parts & Components
- 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
- One PDF report, delivered after checkout
Business Activity of Fortune Tire Tech Limited
The main business activity of Fortune Tire Tech is manufacturing. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C8 | Plastic products, non-metallic mineral products, rubber products, fabricated metal products | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Fortune Tire Tech Limited FY 2025 filings available
Fortune Tire Tech Limited reported revenue of ₹5.34 Cr (down 52% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Fortune Tire Tech Limited
Revenue has declined at a compounded annual rate (CAGR) of 10% over five years, including a 52% fall in the latest year. EBITDA fell 38% 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 of Fortune Tire Tech Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | -₹1.37 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹2.34 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 of Fortune Tire Tech Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -25.6% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -43.8% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Fortune Tire Tech are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Fortune Tire Tech Limited
Fortune Tire Tech Limited is compared with the companies closest to it by revenue in the Automobiles industry (Auto Ancillary). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Jaidarshan Indocraft Pvt Ltd | •••• | •••• | •••• | •••• | 16 | Ahmedabad, Gujarat, India |
| JK Presstech Products Private Limited | •••• | •••• | •••• | •••• | - | Kariapatti, Tamil Nadu, India |
| Mohit Engineers Private Limited | •••• | •••• | •••• | •••• | - | Punjab, India |
| GMK Plastics Private Limited | •••• | •••• | •••• | •••• | - | Delhi, India |
| Anhad Spares & Tools Private Limited | •••• | •••• | •••• | •••• | - | Mohali, Punjab, India |
| Fortune Tire Tech Limited this company | •••• | •••• | •••• | •••• | - | Choutuppal, Telangana, India |
| Ambika Autocast Limited | •••• | •••• | •••• | •••• | - | Jalandhar - I, Punjab, India |
| Ue Autotech (I) Private Limited | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
| Steel Foundry Industries Private Limited | •••• | •••• | •••• | •••• | - | Jamshedpur, Jharkhand, India |
| Bhim Industries Private Limited | •••• | •••• | •••• | •••• | 28 | Baroda, Gujarat, India |
| Eastern Retreads Pvt Ltd | •••• | •••• | •••• | •••• | 145 | Ernakulam, Kerala, India |
Peers are the five companies nearest above and the five nearest below Fortune Tire Tech by revenue in the Automobiles industry (Auto Ancillary), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Auditor Details of Fortune Tire Tech Limited
Fortune Tire Tech Limited is audited by KAG & ASSOCIATES for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| KAG & ASSOCIATES | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Fortune Tire Tech Limited
Fortune Tire Tech has 4 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Chaithanya Kondapally | Director | 30 Apr 2020 | 6 Years 5 Months | Current |
| Sabitha Kondapally | Director | 30 Apr 2020 | 6 Years 5 Months | Current |
| Vijayapalreddy Kondapally | Managing Director | 23 Feb 2011 | 15 Years 7 Months | Current |
| Ravinder Reddy Kondapally | Director | 30 Apr 2020 | 6 Years 5 Months | Current |
Ownership and Shareholding of Fortune Tire Tech Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Fortune Tire Tech Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 04 Jan 2021 | Yes Bank Limited | ₹3 Cr | Satisfied |
| 22 Nov 2019 | Yes Bank Limited | ₹8.04 Cr | Satisfied |
| 26 May 2012 | State Bank of India | ₹8.7 Cr | Satisfied |
Total charge records: 3 View all charges
Legal Cases of Fortune Tire Tech Limited
Fortune Tire Tech Limited has 5 court cases on record: 4 filed by Fortune Tire Tech, 1 filed against it. 2 cases are pending and 3 are disposed. Status as checked between 02 Oct 2026 and 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 5 | 1 | 2 |
Cases on record (5 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Rangareddy, Telangana | Appeal | Filed against the company by an individual | Pending |
| District court, Rangareddy, Telangana | Criminal complaint | Filed by the company against an individual | Pending |
| District court, Rangareddy, Telangana | Cheque dishonour complaint | Filed by the company against M/S.Sri Krishna Transport | Disposed |
| District court, Rangareddy, Telangana | Criminal complaint | Filed by the company against an individual | Disposed |
| District court, Rangareddy, Telangana | Criminal complaint | Filed by the company against an individual | Disposed |
Full case history
All 5 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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 by Fortune Tire Tech Limited
Fortune Tire Tech Limited has 1 MSME Form 1 return on record for the period ending Mar 2022, listing 11 overdue payments to 11 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 11)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Unipatch Rubber Ltd | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| Vamshi Rubber Limited | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 1 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Associated Brands with Fortune Tire Tech Limited
Fortune Tire Tech operates one associated brand: Fortune Tire Tech. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides web-based email access, mobile sync, and administration services. | fortunetiretech.com |
Employees and EPFO Compliance at Fortune Tire Tech Limited
Fortune Tire Tech Limited has a workforce of 19 employees as of Apr 01, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
CIN History of Fortune Tire Tech Limited
Fortune Tire Tech has one previous CIN (Corporate Identification Number): U25119AP2011PLC072836. The current CIN is U25119TG2011PLC072836, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U25119TG2011PLC072836 | Current |
| U25119AP2011PLC072836 | Previous |
Recent Activity on Fortune Tire Tech Limited
Fortune Tire Tech Limited has 11 board changes on record since 2011: 4 appointments and 7 cessations. The latest: Chaithanya Kondapally ceased to be Additional Director on 31 Dec 2020.
11 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Fortune Tire Tech Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Fortune Tire Tech Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Fortune Tire Tech Limited
Fortune Tire Tech has 4 GST registrations: 2 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AABCF6811G1ZU | Telangana | Active | 01 Jul 2017 |
| 23AABCF6811G1Z1 | Madhya Pradesh | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Fortune Tire Tech Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Fortune Tire Tech Limited
Fortune Tire Tech is an active public limited company based in Choutuppal, Telangana, India. The company works in auto parts and components, within the automotive industry. It was incorporated on 23 February 2011 (15+ years old) and is registered under CIN U25119TG2011PLC072836.
Fortune Tire Tech reported revenue of ₹5.34 Cr for FY 2025 (down 52% YoY).
Fortune Tire Tech has 4 current directors:
- Vijayapalreddy Kondapally - Managing Director
- Chaithanya Kondapally - Director
- Sabitha Kondapally - Director
- Ravinder Reddy Kondapally - Director
Fortune Tire Tech reported a net loss of ₹2.34 Cr (net margin -43.8%) and EBITDA of -₹1.37 Cr (EBITDA margin -25.6%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Fortune Tire Tech is -33% over three years and -10% over five years. In the latest year (FY 2025) revenue fell 52%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Fortune Tire Tech is 36AABCF6811G1ZU, registered in Telangana. The company has 4 GST registrations in all, of which 2 are active and 2 are cancelled or inactive. Other active GSTINs include 23AABCF6811G1Z1 (Madhya Pradesh).
The CIN (Corporate Identification Number) of Fortune Tire Tech is U25119TG2011PLC072836. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Fortune Tire Tech has 5 court cases on record: 4 filed by the company and 1 filed against it. 2 are pending.
Fortune Tire Tech was incorporated on 23 February 2011, making it 15+ years old. It is registered with the Registrar of Companies, Hyderabad.
The peers of Fortune Tire Tech by revenue are Jaidarshan Indocraft Pvt Ltd, JK Presstech Products Private Limited, Mohit Engineers Private Limited, GMK Plastics Private Limited, Anhad Spares & Tools Private Limited and 5 more, all in the Automobiles industry (Auto Ancillary).
Chaithanya Kondapally ceased to be Additional Director on 31 Dec 2020. Ravinder Reddy Kondapally ceased to be Additional Director on 31 Dec 2020. Sabitha Kondapally ceased to be Additional Director on 31 Dec 2020. Fortune Tire Tech has 11 board changes on record in total.
Fortune Tire Tech has 1 MSME Form 1 return on record for the period ending Mar 2022, listing 11 overdue payments to 11 micro and small suppliers. The latest return was filed on 30 Apr 2022.