Functional Fabrics Private Limited
About Functional Fabrics Private Limited
Data last updated:
Functional Fabrics Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the manufacturing segment of the textiles sector. It was incorporated on 13 January 1992 and has been in existence for over 34 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U17219KA1992PTC068004. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹11.65 Lakh. It is led by directors Sonali Jain and Meena Devi.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at No. 2 N.P Lane, Cottonpet Cross Bangalore, Karnataka, India – 560053.
As per the financials filed for FY 2022, the company reported a revenue of ₹72,815, a decline of 50% compared to the previous year. For the same year it recorded a net loss of ₹2.43 Lakh (net margin -334.1%) and EBITDA of -₹2 Lakh (EBITDA margin -274.7%). Revenue has declined at a compounded annual rate (CAGR) of 26% over three years and 20% over five years.
As per MCA filings, the company has satisfied charges of ₹13.92 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
Functional Fabrics has one previous CIN (Corporate Identification Number): U17219TZ1992PTC003593. The current CIN is U17219KA1992PTC068004, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U17219KA1992PTC068004 | Current |
| U17219TZ1992PTC003593 | Previous |
Contact details
Functional Fabrics Private Limited's registered office is in Bangalore, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressNo. 2 N.P Lane, Cottonpet Cross Bangalore, Karnataka, India – 560053
- IndustryTextile, Manufacturing, Textile
To see the full contact details of Functional Fabrics 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
Financials of Functional Fabrics Private Limited
FY 2023 filings availableFunctional Fabrics Private Limited reported revenue of ₹72,815 (down 50% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 20% over five years, including a 50% fall 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹72,815 | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹2 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹2.43 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -274.7% | ||||
| Net Profit Margin | -334.1% | ||||
| 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 Functional Fabrics Private Limited, buy the company report.
Board of directors of Functional Fabrics Private Limited
Functional Fabrics has 2 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sonali Jain Also directs: Profserv BPO and Consultancy Private Limited | Director | 10 Feb 2023 | 3 Years 8 Months | Current |
| Meena Devi Also directs: Profserv BPO and Consultancy Private Limited | Director | 10 Feb 2023 | 3 Years 8 Months | Current |
Auditor
Functional Fabrics Private Limited is audited by GANESH PRASAD for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| GANESH PRASAD | FY 2017 | 026753 |
Shareholding
The shareholding of Functional Fabrics Private Limited is on record for 3 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Functional Fabrics Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 23 May 2003 | 90001460 | Union Bank of India | ₹4 Lakh | Satisfied | |
| 15 Jun 1994 | 90000429 | Union Bank of India | ₹9.92 Lakh | Satisfied |
To see the full charge records of Functional Fabrics Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
No court or tribunal cases involving Functional Fabrics 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 Functional Fabrics Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Functional Fabrics has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Functional Fabrics Private Limited, buy the company report.
Recent activity
Functional Fabrics Private Limited has 10 board changes on record since 2008: 2 appointments and 8 cessations. The latest: Meena Devi ceased to be Additional Director on 29 Sep 2023.
6 earlier events are in the company report.
Frequently asked questions
Functional Fabrics is an active private limited company based in Bangalore, Karnataka, India. The company works in manufacturing, within the textile industry. It was incorporated on 13 January 1992 (34+ years old) and is registered under CIN U17219KA1992PTC068004.
Functional Fabrics has 2 current directors:
- Sonali Jain - Director
- Meena Devi - Director
The latest financial statements of Functional Fabrics on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from 2015 are in the company report.
No. Functional Fabrics has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Functional Fabrics is U17219KA1992PTC068004. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Functional Fabrics was incorporated on 13 January 1992, making it 34+ years old. It is registered with the Registrar of Companies, Bangalore.
Meena Devi ceased to be Additional Director on 29 Sep 2023. Sonali Jain ceased to be Additional Director on 29 Sep 2023. Pattada Appachu Kallappa ceased to be Director on 20 Feb 2023. Functional Fabrics has 10 board changes on record in total.
The registered office of Functional Fabrics is at No. 2 N.P Lane, Cottonpet Cross Bangalore, Karnataka, India – 560053.
Functional Fabrics operates in the textile industry, in the manufacturing segment.
Functional Fabrics has no open charges and satisfied charges of ₹13.92 Lakh as per latest MCA filings.
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