About FPS Flexibles India Private Limited
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FPS Flexibles India Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Fps Flexibles Germany Gmbh Co. Kg ( Formerly Greif Flexibles Germany Gmbh Co. Kg). It operates in the woven packaging products segment of the packaging sector. It was incorporated on 04 December 2003 and has been in existence for over 23 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U25202MH2003PTC143383. Its GSTIN is 27AAHCS8143E1Z9 (Maharashtra).
The company has an authorised share capital of ₹13 Cr and a paid-up capital of ₹12.5 Cr. It was formerly known as Greif Flexibles India Private Limited and Storsack India Private Limited. It is led by directors including Prashant Jagdish Mavani and Stephan Johann Leferink.
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 103 Atlanta Nariman Point, Mumbai, Maharashtra, India – 400021.
As per the financials filed for FY 2023, the company reported a revenue of ₹2.36 Cr, a growth of 80% compared to the previous year. For the same year it recorded a net profit of ₹17.43 Lakh (net margin 7.4%) and EBITDA of ₹36.34 Lakh (EBITDA margin 15.4%). Revenue has grown at a compounded annual rate (CAGR) of 30% over three years and 13% over five years.
As per MCA filings, the company has satisfied charges of ₹12 Cr on record. Court records list 6 cases involving the company, including 1 filed by the company and 5 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website fps.com.
Company details
Name history
FPS Flexibles India has undergone 2 name changes throughout its history. The company was previously known as Greif Flexibles India Private Limited, and Storsack India Private Limited. The current legal name is Fps Flexibles India Private Limited.
| Company Name | Status |
|---|---|
| FPS Flexibles India Private Limited | Current |
| Greif Flexibles India Private Limited | Previous |
| Storsack India Private Limited | Previous |
Contact details
FPS Flexibles India Private Limited's registered office is in Mumbai, Maharashtra. Its website is fps.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address103 Atlanta Nariman Point, Mumbai, Maharashtra, India – 400021
- IndustryPackaging, Woven Packaging Products
To see the full contact details of FPS Flexibles India 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 FPS Flexibles India is trade. In detail, this covers retail trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of FPS Flexibles India Private Limited, buy the company report.
Financials of FPS Flexibles India Private Limited
FY 2023 filings availableFPS Flexibles India Private Limited reported revenue of ₹2.36 Cr (up 80% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 13% over five years, including 80% growth in the latest year. EBITDA rose 86% 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹2.36 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹36.34 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹17.43 Lakh | ||||
| 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 15.4% | ||||
| Net Profit Margin | 7.4% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
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| 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 FPS Flexibles India Private Limited, buy the company report.
Board of directors of FPS Flexibles India Private Limited
FPS Flexibles India has 3 current directors and 12 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Prashant Jagdish Mavani Also directs: Scitech Commercial LLP | Director | 01 Sep 2006 | 20 Years 1 Months | Current |
| Stephan Johann Leferink | Director | 05 Nov 2018 | 7 Years 11 Months | Current |
| Hari Krishna Kumar | Director | 08 Apr 2013 | 13 Years 6 Months | Current |
Auditor
FPS Flexibles India Private Limited is audited by S M Pradhan & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S M Pradhan & Co. | FY 2023 | 108039W |
Shareholding
The shareholding of FPS Flexibles India Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of FPS Flexibles India Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Dec 2010 | 10301502 | Axis Bank Limited | ₹99.75 Lakh | Satisfied | |
| 10 Apr 2010 | 10218926 | Axis Bank Limited | ₹1 Cr | Satisfied | |
| 14 Jun 2005 | 80036175 | Uti Bank Ltd | ₹2.5 Cr | Satisfied | |
| 14 Jun 2005 | 90367502 | Axis Bank Limited | ₹7.5 Cr | Satisfied |
To see the full charge records of FPS Flexibles India Private Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
FPS Flexibles India Private Limited has 6 court cases on record: 1 filed by FPS Flexibles India, 5 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 5 | 5 | 0 |
| District courts | 1 | 0 | 0 |
Cases on record (5 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Court case (APL) | Filed against the company | Disposed |
| Bombay High Court | Court case (COAPP) | Filed against the company by an individual | Disposed |
| Bombay High Court | Court case (CAA) | Filed against the company by an individual | Disposed |
| Bombay High Court | Court case (COAPP) | Filed against the company by an individual | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Court case (CRI REV APP) | Filed by the company against an individual | Disposed |
To see the full case history of FPS Flexibles India 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
FPS Flexibles India Private Limited has 2 MSME Form 1 returns on record for the period ending Mar 2019, listing 2 overdue payments to 1 micro and small supplier. 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 (1 of 1)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier |
To see the full MSME payment records of FPS Flexibles India Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
FPS Flexibles India has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAHCS8143E1Z9 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of FPS Flexibles India Private Limited, buy the company report.
Recent activity
FPS Flexibles India Private Limited has 13 board changes on record since 2006: 3 appointments and 10 cessations. The latest: Prashant Jagdish Mavani ceased to be Director on 21 Dec 2022.
13 earlier events are in the company report.
Frequently asked questions
FPS Flexibles India is an active private limited company based in Mumbai, Maharashtra, India. The company works in woven packaging products, within the packaging industry. It was incorporated on 04 December 2003 (23+ years old) and is registered under CIN U25202MH2003PTC143383.
FPS Flexibles India has 3 current directors:
- Prashant Jagdish Mavani - Director
- Stephan Johann Leferink - Director
- Hari Krishna Kumar - Director
The latest financial statements of FPS Flexibles India 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 FPS Flexibles India is 27AAHCS8143E1Z9, registered in Maharashtra.
The CIN (Corporate Identification Number) of FPS Flexibles India is U25202MH2003PTC143383. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
FPS Flexibles India has 6 court cases on record: 1 filed by the company and 5 filed against it. Most are in the high courts.
FPS Flexibles India was incorporated on 04 December 2003, making it 23+ years old. It is registered with the Registrar of Companies, Mumbai.
Prashant Jagdish Mavani ceased to be Director on 21 Dec 2022. Omkar Madhav Dindorkar ceased to be Company Secretary on 27 Sep 2019. Stephan Johann Leferink ceased to be Additional Director on 25 Sep 2019. FPS Flexibles India has 13 board changes on record in total.
FPS Flexibles India has 2 MSME Form 1 returns on record for the period ending Mar 2019, listing 2 overdue payments to 1 micro and small supplier. The latest return was filed on 04 Apr 2021.
FPS Flexibles India can be reached through the website fps.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of FPS Flexibles India is at 103 Atlanta Nariman Point, Mumbai, Maharashtra, India – 400021.