About Frontline Retail India Private Limited
Data last updated:
Frontline Retail India Private Limited is a private limited company based in New Delhi, Delhi, India. It operates in the fashion retail segment of the fashion and textiles sector. It was incorporated on 19 January 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U51101DL2007PTC158182. The company has 4 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹2.1 Cr and a paid-up capital of ₹2.02 Cr. It is led by directors Himanshu Girdhar and Vinay Girdhar.
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 17/10 1st Floor Front Portion Kalkaji, New Delhi, Delhi, India – 110019.
As per the financials filed for FY 2018, the company reported a revenue of ₹51.03 Cr, a decline of 2% compared to the previous year. For the same year it recorded a net loss of ₹68.49 Lakh (net margin -1.3%) and EBITDA of ₹1.61 Cr (EBITDA margin 3.2%). Revenue has declined at a compounded annual rate (CAGR) of 5% over three years.
As per MCA filings, the company has open charges of ₹9.52 Cr and satisfied charges of ₹3.6 Cr on record. Court records list 235 cases involving the company, including 7 filed by the company and 228 filed against it; 32 cases are 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 frontlineretail.in.
Company details
Contact details
Frontline Retail India Private Limited's registered office is in New Delhi, Delhi. Its website is frontlineretail.in. Its e-mail address is in the company report.
- Email
- Website
- Registered Address17/10 1st Floor Front Portion Kalkaji, New Delhi, Delhi, India – 110019
- IndustryFashion and Textile, Fashion Retail
To see the full contact details of Frontline Retail 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 Frontline Retail 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 Frontline Retail India Private Limited, buy the company report.
Financials of Frontline Retail India Private Limited
FY 2018 filings availableFrontline Retail India Private Limited reported revenue of ₹51.03 Cr (down 2% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 5% over three years, including a 2% fall in the latest year. EBITDA fell 24% 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 | ₹51.03 Cr | |||
| Other Income | ||||
| Total Revenue | ||||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | ₹1.61 Cr | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹68.49 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 3.2% | |||
| Net Profit Margin | -1.3% | |||
| 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 Frontline Retail India Private Limited, buy the company report.
Board of directors of Frontline Retail India Private Limited
Frontline Retail India has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Himanshu Girdhar Also directs: Beanie Bugs Retail Private Limited, Vibgyor Retail Private Limited | Director | 20 May 2019 | 7 Years 5 Months | Current |
| Vinay Girdhar Also directs: Beanie Bugs Retail Private Limited | Director | 12 Aug 2013 | 13 Years 2 Months | Current |
Peer comparison
Frontline Retail India Private Limited is compared with the 4 companies closest to it by revenue in the Apparel industry (Apparel Retail and Distribution), with the same principal business activity (retail trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Frontline Retail India Private Limitedthis company | ₹51.03 Cr (FY 2018) | -₹68.49 Lakh | -1.3% | -2.0% | New Delhi, Delhi, India | |
| Sulakshana Retail Private Limited | ₹50.93 Cr (FY 2024) | 40.0% | Chapra, Bihar, India | |||
| Vasavi Silks Private Limited | ₹50.92 Cr (FY 2025) | -27.0% | Eluru, Andhra Pradesh, India | |||
| Trident Creation Private Limited | ₹50.68 Cr (FY 2025) | 2.0% | Ahmedabad, Gujarat, India | |||
| Saree House Private Limited | ₹50.51 Cr (FY 2025) | 17.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Frontline Retail India Private Limited, buy the company report.
Auditor
Frontline Retail India Private Limited is audited by S YADAV & CO for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S YADAV & CO | FY 2018 | 019841C |
Shareholding
The shareholding of Frontline Retail India Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Frontline Retail India Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 Feb 2012 | 10341032 | Indian Overseas Bank | ₹9.52 Cr | Open | |
| 24 Jun 2011 | 10297144 | S. E. Investments Limited | ₹45 Lakh | Satisfied | |
| 25 Apr 2011 | 10285842 | Karnataka Bank Limited | ₹2 Cr | Satisfied | |
| 02 Dec 2010 | 10262233 | Union Bank of India | ₹1.15 Cr | Satisfied |
To see the full charge records of Frontline Retail India Private Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
Frontline Retail India Private Limited has 235 court cases on record: 7 filed by Frontline Retail India, 228 filed against it. 32 cases are pending and 203 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 221 | 218 | 29 |
| High courts | 13 | 9 | 3 |
| NCLT | 1 | 1 | 0 |
Cases on record (5 of 235)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ambala, Haryana | Appeal | Filed against the company by M/S Nutriley Healthcare Pvt Ltd | Pending |
| District court, South, Delhi | Court case (OMP (I) (COMM.)) | Filed against the company by Intec Capital Ltd | Pending |
| High Court of Delhi | Court case (FAO (COMM)) | Filed against the company by M/S Intec Capital Ltd | Pending |
| High Court of Delhi | Court case (OMP (ENF.) (COMM.)) | Filed against the company by Adidas India Marketing Pvt Ltd | Pending |
| High Court of Delhi | Court case (FAO (COMM)) | Filed against the company by M/S Intec Capital Ltd. | Disposed |
To see the full case history of Frontline Retail 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
No delayed payments to MSME suppliers are on our record for Frontline Retail India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Frontline Retail India has 4 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Frontline Retail India Private Limited, buy the company report.
Recent activity
Frontline Retail India Private Limited has 5 board changes on record since 2013: 2 appointments and 3 cessations. The latest: Rajat Girdhar ceased to be Director on 22 May 2019.
4 earlier events are in the company report.
Frequently asked questions
Frontline Retail India is an active private limited company based in New Delhi, Delhi, India. The company works in fashion retail, within the fashion and textile industry. It was incorporated on 19 January 2007 (19+ years old) and is registered under CIN U51101DL2007PTC158182.
Frontline Retail India has 2 current directors:
- Himanshu Girdhar - Director
- Vinay Girdhar - Director
The latest financial statements of Frontline Retail India 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.
No. Frontline Retail India has 4 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of Frontline Retail India is U51101DL2007PTC158182. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Frontline Retail India has 235 court cases on record: 7 filed by the company and 228 filed against it. 32 are pending. Most are in the district courts.
Frontline Retail India was incorporated on 19 January 2007, making it 19+ years old. It is registered with the Registrar of Companies, Delhi.
The peers of Frontline Retail India by revenue are Sulakshana Retail Private Limited, Vasavi Silks Private Limited, Trident Creation Private Limited, Saree House Private Limited, all in the Apparel industry (Apparel Retail and Distribution), with the same principal business activity (retail trading).
Rajat Girdhar ceased to be Director on 22 May 2019. Himanshu Girdhar was appointed as Director on 20 May 2019. Harsh Pal Singh ceased to be Director on 24 May 2018. Frontline Retail India has 5 board changes on record in total.
Frontline Retail India can be reached through the website frontlineretail.in. Its registered office is in New Delhi, Delhi, India.
The registered office of Frontline Retail India is at 1710 1st Floor Front Portion Kalkaji, New Delhi, Delhi, India – 110019.