About Frost Infrastructure and Energy Limited
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Frost Infrastructure and Energy Limited is a public limited company based in Kanpur, Uttar Pradesh, India. It operates in the agricultural products distribution segment of the agriculture sector. It was incorporated on 25 September 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Uttar Pradesh, under CIN U11100UP2009PLC038320. Its GSTIN is 09AABCF4238M1ZD (Uttar Pradesh). The company holds 7 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹50 Cr and a paid-up capital of ₹8.35 Cr. It is led by directors including Sunil Verma and Uday Jayant Desai.
Its last annual general meeting (AGM) was held on 29 December 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office is at 402 Kalpana Plaza 24/147 B Birhana Road, Kanpur, Uttar Pradesh, India – 208001.
As per the financials filed for FY 2018, the company reported a revenue of ₹3,136.1 Cr, a decline of 23% compared to the previous year. For the same year it recorded a net loss of ₹4.31 Cr (net margin -0.1%) and EBITDA of ₹16.01 Cr (EBITDA margin 0.5%). Revenue has declined at a compounded annual rate (CAGR) of 14% over three years.
As per MCA filings, the company has open charges of ₹1,571.25 Cr and satisfied charges of ₹375 Cr on record. Court records list 16 cases involving the company, including 7 filed by the company and 9 filed against it; 1 case is pending. The company has 11 deals on record (7 secondary share transfers, 2 rights issues, 2 funding rounds), with disclosed funding of ₹1.34 Cr; the latest was in March 2018.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website frostinternational.in.
Company details
Contact details
Frost Infrastructure and Energy Limited's registered office is in Kanpur, Uttar Pradesh. Its website is frostinternational.in. Its e-mail address is in the company report.
- Email
- Website
- Social Media
- Registered Address402 Kalpana Plaza 24/147 B Birhana Road, Kanpur, Uttar Pradesh, India – 208001
- IndustryAgriculture, Agro Retail & Distribution
To see the full contact details of Frost Infrastructure and Energy 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 Frost Infrastructure and Energy is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Frost Infrastructure and Energy Limited, buy the company report.
Financials of Frost Infrastructure and Energy Limited
FY 2018 filings availableFrost Infrastructure and Energy Limited reported revenue of ₹3,136.1 Cr (down 23% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 14% over three years, including a 23% fall in the latest year. EBITDA fell 65% 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 | ₹3,136.1 Cr | |||
| Other Income | ||||
| Total Revenue | ||||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | ₹16.01 Cr | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹4.31 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
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 0.5% | |||
| Net Profit Margin | -0.1% | |||
| 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 Frost Infrastructure and Energy Limited, buy the company report.
Board of directors of Frost Infrastructure and Energy Limited
Frost Infrastructure and Energy has 3 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sunil Verma Also directs: Fil Oil & Gas Private Limited | Director | 25 Sep 2009 | 17 Years 1 Months | Current |
| Uday Jayant Desai Also directs: N.S.D. Nirman Private Limited | Director | 25 Sep 2009 | 17 Years 1 Months | Current |
| Anoop Kumar Wadhera | Director | 25 Sep 2009 | 17 Years 1 Months | Current |
Auditor
Frost Infrastructure and Energy Limited is audited by RAJIV MEHROTRA & ASSOCIATES for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RAJIV MEHROTRA & ASSOCIATES | FY 2018 | 002253C |
Shareholding
The shareholding of Frost Infrastructure and Energy Limited is on record for 4 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | 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 Frost Infrastructure and Energy Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 06 Oct 2016 | 100056647 | Indian Overseas Bank | ₹860 Cr | Open | |
| 14 Nov 2013 | 10460628 | Others | ₹375 Cr | Open | |
| 04 Jul 2013 | 10475321 | Oriental Bank of Commerce | ₹336.25 Cr | Open | |
| 23 Nov 2013 | 10465210 | Others | ₹375 Cr | Satisfied |
To see the full charge records of Frost Infrastructure and Energy Limited, buy the company report.
Total charge records: 4 View all charges
Deals & funding
Frost Infrastructure and Energy Limited has 11 deals on record (7 secondary share transfers, 2 rights issues, 2 funding rounds), with disclosed funding of ₹1.34 Cr; the latest was in March 2018.
Deals on record (5 of 11)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2018 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Mar 2018 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: Sunil Verma Huf |
| Apr 2016 | Secondary share transfer | Undisclosed | Buyer: Sunil Verma Huf, Uday J Desai Huf, an individual Seller: 3 individuals |
| Mar 2016 | Rights issue | ₹8.21 Cr | Investors: 4 individuals |
| Mar 2015 | Rights issue | ₹1.27 Cr | Investors: Uday J Desai Huf, 3 individuals |
To see the full deal history of Frost Infrastructure and Energy Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Frost Infrastructure and Energy Limited has 16 court cases on record: 7 filed by Frost Infrastructure and Energy, 9 filed against it. 1 case is pending and 15 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 11 | 4 | 1 |
| District courts | 5 | 5 | 0 |
Cases on record (5 of 16)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, MAHARASHTRA | Court case (S) | Filed against the company by Sapana Polyweave Pvt. Ltd. | Disposed |
| Bombay High Court | Interim or miscellaneous application | Filed against the company by Sapana Polyweave Pvt. Ltd. | Disposed |
| High Court of Delhi | Writ petition | Filed by the company against Reserve Bank of India and Ors. | Disposed |
| Allahabad High Court | Writ petition | Filed against the company | Pending |
| District court, Lucknow, Uttar Pradesh | Criminal miscellaneous application | Filed against the company by an individual | Disposed |
To see the full case history of Frost Infrastructure and Energy 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.
Credit ratings & regulatory alerts
Frost Infrastructure and Energy Limited was last rated by Brickwork on 16 Oct 2019.
| Rating agency | Rated on | Rating |
|---|---|---|
| Brickwork | 16 Oct 2019 |
To see the full credit ratings and regulatory alerts of Frost Infrastructure and Energy Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Frost Infrastructure and Energy Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Frost Infrastructure and Energy has 7 GST registrations: 2 active and 5 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 09AABCF4238M1ZD | Uttar Pradesh | Active | 01 Jul 2017 |
| 07AABCF4238M2ZG | Delhi | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Frost Infrastructure and Energy Limited, buy the company report.
Recent activity
Frost Infrastructure and Energy Limited has 8 board changes on record since 2009: 3 appointments and 5 cessations. The latest: Rita Patel ceased to be Director on 08 Nov 2019.
7 earlier events are in the company report.
Frequently asked questions
Frost Infrastructure and Energy is an active public limited company based in Kanpur, Uttar Pradesh, India. The company works in agro retail and distribution, within the agriculture industry. It was incorporated on 25 September 2009 (17+ years old) and is registered under CIN U11100UP2009PLC038320.
Frost Infrastructure and Energy has 3 current directors:
- Sunil Verma - Director
- Uday Jayant Desai - Director
- Anoop Kumar Wadhera - Director
The latest financial statements of Frost Infrastructure and Energy on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 29 December 2018. Year-wise statements from 2015 are in the company report.
The GSTIN of Frost Infrastructure and Energy is 09AABCF4238M1ZD, registered in Uttar Pradesh. The company has 7 GST registrations in all, of which 2 are active and 5 are cancelled or inactive. Other active GSTINs include 07AABCF4238M2ZG (Delhi).
The CIN (Corporate Identification Number) of Frost Infrastructure and Energy is U11100UP2009PLC038320. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Frost Infrastructure and Energy has 16 court cases on record: 7 filed by the company and 9 filed against it. 1 is pending. Most are in the high courts.
Frost Infrastructure and Energy was incorporated on 25 September 2009, making it 17+ years old. It is registered with the Registrar of Companies, Uttar Pradesh.
Frost Infrastructure and Energy has 11 deals on record (7 secondary share transfers, 2 rights issues, 2 funding rounds), with disclosed funding of ₹1.34 Cr; the latest was in March 2018.
Rita Patel ceased to be Director on 08 Nov 2019. Shivani Verma ceased to be Director on 08 Nov 2019. Mini Singh ceased to be Additional Director on 29 Sep 2015. Frost Infrastructure and Energy has 8 board changes on record in total.
Frost Infrastructure and Energy can be reached through the website frostinternational.in. Its registered office is in Kanpur, Uttar Pradesh, India.
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