About Future Homes Global Private Limited
Data last updated:
Future Homes Global Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 26 March 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U70200TN2012PTC085135. Its GSTIN is 33AABCF9882D1ZL (Tamil Nadu).
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹1.49 Cr. It is led by directors including Gangadharan Prasanna and Sanjay Zachariah.
Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at No.2/48 Veteran Line Pallavaram, Chennai, Tamil Nadu, India – 600043.
As per the financials filed for FY 2021, the company reported a revenue of ₹10.03 Lakh, a decline of 95% compared to the previous year. For the same year it recorded a net loss of ₹21.07 Lakh (net margin -210.1%) and EBITDA of ₹2.52 Lakh (EBITDA margin 25.1%). Revenue has declined at a compounded annual rate (CAGR) of 94% over three years and 43% over five years.
As per MCA filings, the company has satisfied charges of ₹7.05 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website futurehomes.co.in.
Company details
Contact details
Future Homes Global Private Limited's registered office is in Chennai, Tamil Nadu. Its website is futurehomes.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressNo.2/48 Veteran Line Pallavaram, Chennai, Tamil Nadu, India – 600043
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Future Homes Global 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 Future Homes Global is construction. In detail, this covers buildings.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | F1 | Buildings |
To see the full business activity and turnover split of Future Homes Global Private Limited, buy the company report.
Financials of Future Homes Global Private Limited
FY 2021 filings availableFuture Homes Global Private Limited reported revenue of ₹10.03 Lakh (down 95% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 43% over five years, including a 95% fall in the latest year. EBITDA fell 93% 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 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹2.52 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹21.07 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 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 25.1% | ||||
| Net Profit Margin | -210.1% | ||||
| 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 Future Homes Global Private Limited, buy the company report.
Board of directors of Future Homes Global Private Limited
Future Homes Global has 7 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Gangadharan Prasanna | Director | 26 Mar 2012 | 14 Years 7 Months | Current |
| Sanjay Zachariah Also directs: D2d Fuel Dispenser (OPC) Private Limited | Director | 26 Mar 2012 | 14 Years 7 Months | Current |
| Ambika | Director | 26 Mar 2012 | 14 Years 7 Months | Current |
| Mahendra Mullath | Director | 26 Mar 2012 | 14 Years 7 Months | Current |
| Rekha Thomas John Also directs: Rejola IT Services Private Limited | Director | 26 Mar 2012 | 14 Years 7 Months | Current |
| Anuja Mary John | Director | 26 Mar 2012 | 14 Years 7 Months | Current |
Auditor
Future Homes Global Private Limited is audited by KIRUTHIGA & CO for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| KIRUTHIGA & CO | FY 2020 | 016010S |
Shareholding
The shareholding of Future Homes Global Private Limited is on record for 3 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2018 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Future Homes Global Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 06 Aug 2016 | 100047308 | State Bank of India | ₹5 Cr | Satisfied | |
| 29 Aug 2012 | 10376364 | The Catholic Syrian Bank Limited | ₹2.05 Cr | Satisfied |
To see the full charge records of Future Homes Global Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
No court or tribunal cases involving Future Homes Global 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 Future Homes Global Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Future Homes Global has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AABCF9882D1ZL | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Future Homes Global Private Limited, buy the company report.
Recent activity
Future Homes Global Private Limited has 7 board changes on record since 2012: 7 appointments. The latest: Ambika was appointed as Director on 26 Mar 2012.
2 earlier events are in the company report.
Frequently asked questions
Future Homes Global is an active private limited company based in Chennai, Tamil Nadu, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 26 March 2012 (14+ years old) and is registered under CIN U70200TN2012PTC085135.
Future Homes Global has 7 current directors:
- Gangadharan Prasanna - Director
- Sanjay Zachariah - Director
- Ambika - Director
- Mahendra Mullath - Director
- Rekha Thomas John - Director
- Anuja Mary John - Director
- Thomas Valliya Thazheyil John - Director
The latest financial statements of Future Homes Global on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 30 November 2021. Year-wise statements from 2015 are in the company report.
The GSTIN of Future Homes Global is 33AABCF9882D1ZL, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Future Homes Global is U70200TN2012PTC085135. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Future Homes Global was incorporated on 26 March 2012, making it 14+ years old. It is registered with the Registrar of Companies, Chennai.
Ambika was appointed as Director on 26 Mar 2012. Anuja Mary John was appointed as Director on 26 Mar 2012. Gangadharan Prasanna was appointed as Director on 26 Mar 2012. Future Homes Global has 7 board changes on record in total.
Future Homes Global can be reached through the website futurehomes.co.in. Its registered office is in Chennai, Tamil Nadu, India.
The registered office of Future Homes Global is at No.248 Veteran Line Pallavaram, Chennai, Tamil Nadu, India – 600043.
Future Homes Global operates in the real estate and construction industry, in the real estate builders and developers segment.