Fusion Minerals Private Limited

Fusion Minerals Private Limited - metals and minerals in Morbi, Gujarat, India. FY 2026 financials & compliance.
CIN U26933GJ2015PTC082380 Incorporated 24 February 2015 ROC Ahmedabad HQ Morbi, Gujarat, India
Active Private Limited Company metals and minerals MSME · Small
Data last updated
Revenue · FY 2019
₹1.11 Cr
▼ 88% YoY
Net loss · FY 2019
₹30.94 Lakh
Net margin -27.9%
EBITDA · FY 2019
₹6.99 Lakh
EBITDA margin 6.3%
Authorised capital
₹2.25 Cr
Registered with MCA
Paid-up capital
₹2.25 Cr
Issued & subscribed
Open charges
₹1.5 Cr
Satisfied ₹4.85 Cr
Company age
11 yrs
Est. 2015
Employees · EPFO
4
Provident fund records

About Fusion Minerals Private Limited

Data last updated:

Fusion Minerals Private Limited is a private limited company based in Morbi, Gujarat, India. It operates in the other metals and minerals segment of the metals and mining sector. It was incorporated on 24 February 2015 and has been in existence for over 11 years.

The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U26933GJ2015PTC082380. Its GSTIN is 24AACCF5370K1ZL (Gujarat).

The company has an authorised share capital of ₹2.25 Cr and a paid-up capital of ₹2.25 Cr. It is led by directors Milan Rameshbhai Gami and Rameshbhai Arjanbhai Gami.

Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at Survey No. 83P1 Maliya – Halvad Highway Aniyari Chokdi At – Aniyari, Morbi, Gujarat, India – 363330.

As per the financials filed for FY 2019, the company reported a revenue of ₹1.11 Cr, a decline of 88% compared to the previous year. For the same year it recorded a net loss of ₹30.94 Lakh (net margin -27.9%) and EBITDA of ₹6.99 Lakh (EBITDA margin 6.3%). Revenue has grown at a compounded annual rate (CAGR) of 396% over three years.

The company has about 4 employees on its provident fund (EPFO) records.

As per MCA filings, the company has open charges of ₹1.5 Cr and satisfied charges of ₹4.85 Cr on record. Court records list 8 cases involving the company, including 7 filed by the company and 1 filed against it; 1 case is pending.

Fusion Minerals Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-32-0002018). The current compliance status is marked as compliant by the Registrar of Companies.

Company details

CIN U26933GJ2015PTC082380
Registration Number 082380
Incorporation Date 24 February 2015
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2019
Date of Balance Sheet 31 March 2019
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-GJ-32-0002018
Key People
Milan Rameshbhai Gami Director Rameshbhai Arjanbhai Gami Director

Recognitions & Rankings of Fusion Minerals

MSME (Udyam registered) Ministry of MSME
Category
Small (2024-25)
Udyam number
UDYAM-GJ-32-0002018

Contact details

Fusion Minerals Private Limited's registered office is in Morbi, Gujarat. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    Survey No. 83P1 Maliya – Halvad Highway Aniyari Chokdi At – Aniyari, Morbi, Gujarat, India – 363330
  • Industry
    Metals and Minerals, Other Metals & Minerals

To see the full contact details of Fusion Minerals Private Limited, buy the company report.

Comprehensive company report
Fusion Minerals Private Limited - one report that includes everything
  • 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
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Business activity

The main business activity of Fusion Minerals is manufacturing. In detail, this covers chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC6Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products

To see the full business activity and turnover split of Fusion Minerals Private Limited, buy the company report.

Financials of Fusion Minerals Private Limited

FY 2019 filings available

Fusion Minerals Private Limited reported revenue of ₹1.11 Cr (down 88% YoY) for FY 2019.

Revenue · FY 2019
₹1.11 Cr ▼ 88%
Net loss · FY 2019
₹30.94 Lakh margin -27.9%
EBITDA · FY 2019
₹6.99 Lakh margin 6.3%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 88%
3 years · compounded
▲ 396%
EBITDA CAGR growth
1 year
▼ 86%
3 years · compounded
▲ 96%

Revenue fell 88% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 396%. EBITDA fell 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

MetricsFY 2018-19FY 2017-18FY 2016-17FY 2015-16FY 2014-15
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue₹1.11 Cr
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹6.99 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹30.94 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

MetricsFY 2018-19FY 2017-18FY 2016-17FY 2015-16FY 2014-15
Profitability
EBITDA Margin6.3%
Net Profit Margin-27.9%
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 Fusion Minerals Private Limited, buy the company report.

Board of directors of Fusion Minerals Private Limited

Fusion Minerals has 2 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Milan Rameshbhai GamiDirector24 Feb 201511 Years 8 MonthsCurrent
Rameshbhai Arjanbhai GamiDirector04 Jun 201511 Years 4 MonthsCurrent
View all directors

Auditor

Fusion Minerals Private Limited is audited by J R C & ASSOCIATES for the financial year 2019.

Auditor firmFinancial yearFirm registration number
J R C & ASSOCIATESFY 2019133926W

Shareholding

The shareholding of Fusion Minerals Private Limited is on record for 4 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2019FY 2018FY 2017FY 2016
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Fusion Minerals Private Limited, buy the company report.

Charges & borrowings

Open charges
₹1.5 Cr
Satisfied charges
₹4.85 Cr
Breakdown by lending institutions
Others₹1.50 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
26 Dec 2018100227318Others₹1.5 CrOpen
15 Oct 201510609311Dena Bank₹4.85 CrSatisfied

To see the full charge records of Fusion Minerals Private Limited, buy the company report.

Total charge records: 2 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Fusion Minerals Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Fusion Minerals Private Limited has a workforce of 4 employees on its EPFO records as of Apr 04, 2024, across 1 active EPFO establishment.

Employee count
4
Active EPFO establishments
1

GST

Fusion Minerals has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
24AACCF5370K1ZLGujaratActive01 Jul 2017

To see the full GST registrations and return filing status of Fusion Minerals Private Limited, buy the company report.

Recent activity

Fusion Minerals Private Limited has 12 board changes on record since 2015: 2 appointments and 10 cessations. The latest: Giridhari Das Vaishnav ceased to be Additional Director on 30 Aug 2022.

Ceased
Giridhari Das Vaishnav ceased to be Additional Director.
Ceased
Narendra Kumar Dangi ceased to be Additional Director.
Ceased
Amit Rameshbhai Gami ceased to be Director.
Ceased
Komal Vaishnaw ceased to be Director.
Ceased
Nivedita Vaishnav ceased to be Director.
Ceased
Vivek Vaishnav ceased to be Director.
AGM
Fusion Minerals Private Limited last Annual general meeting of members was held on 30 Sep 2019 as per latest MCA records.
Ceased
Laxmikant Vaishnav ceased to be Additional Director.
Filing
Fusion Minerals Private Limited has filed its annual Financial statements for the year ended 31 Mar 2019 with Roc Ahmedabad.
Charges
A charge with Others amounted to Rs. 1.50 Cr with Charge ID 100227318 was registered on 26 Dec 2018.
Charges
A charge registered on 15 Oct 2015 via Charge ID 10609311 with Dena Bank was fully satisfied on 17 Dec 2018.
Ceased
Chandubhai Devjibhai Koringa ceased to be Director.

7 earlier events are in the company report.

Frequently asked questions

Fusion Minerals is an active private limited company based in Morbi, Gujarat, India. The company works in other metals and minerals, within the metals and minerals industry. It was incorporated on 24 February 2015 (11+ years old) and is registered under CIN U26933GJ2015PTC082380.

Fusion Minerals has 2 current directors:

The latest financial statements of Fusion Minerals on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 30 September 2019. Year-wise statements from 2015 are in the company report.

The GSTIN of Fusion Minerals is 24AACCF5370K1ZL, registered in Gujarat.

The CIN (Corporate Identification Number) of Fusion Minerals is U26933GJ2015PTC082380. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Fusion Minerals has 8 court cases on record: 7 filed by the company and 1 filed against it. 1 is pending. Most are in the high courts.

Fusion Minerals was incorporated on 24 February 2015, making it 11+ years old. It is registered with the Registrar of Companies, Ahmedabad.

Giridhari Das Vaishnav ceased to be Additional Director on 30 Aug 2022. Narendra Kumar Dangi ceased to be Additional Director on 30 Aug 2022. Amit Rameshbhai Gami ceased to be Director on 16 Jun 2021. Fusion Minerals has 12 board changes on record in total.

Yes, Fusion Minerals is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-32-0002018).

The registered office of Fusion Minerals is at Survey No. 83P1 Maliya – Halvad Highway Aniyari Chokdi At – Aniyari, Morbi, Gujarat, India – 363330.