About Future Industries Private Limited
Data last updated:
Future Industries Private Limited is a private limited company based in Daskroi, Gujarat, India. It operates in the material handling and storage equipment segment of the machinery and industrial equipment sector. It was incorporated on 11 June 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U29100GJ2014PTC079751. Its GSTIN is 24AACCF4095R1Z3 (Gujarat).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Laxmanbhai Gangaramji Panchal and Ashok Kumar Laxmanlal Panchal.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Daskroi, Gujarat.
As per the financials filed for FY 2024, the company reported a revenue of ₹15.44 Cr, a growth of 44% compared to the previous year. For the same year it recorded a net profit of ₹16.33 Lakh (net margin 1.1%) and EBITDA of ₹63.54 Lakh (EBITDA margin 4.1%). Revenue has grown at a compounded annual rate (CAGR) of 39% over three years and 20% over five years.
The company has about 49 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹2.83 Cr and satisfied charges of ₹3.09 Cr on record. Court records list 3 cases involving the company, including 1 filed by the company and 2 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website futureindustries.in.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressBlock – A 512 – 513 Girivar Glean, Near Hotel Palm Odhav Ring Road Circle To Nik Odhav, Daskroi, Gujarat, India – 382410
- IndustryMachinery and Equipment, Material Handling & Storage Equipment
- 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
- One PDF report, delivered after checkout
Business Activity of Future Industries Private Limited
The main business activity of Future Industries is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Future Industries Private Limited FY 2025 filings available
Future Industries Private Limited reported revenue of ₹15.44 Cr (up 44% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Future Industries Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 20% over five years, including 44% growth in the latest year. EBITDA rose 34% 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 of Future Industries Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | ₹63.54 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹16.33 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 of Future Industries Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 4.1% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 1.1% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Future Industries are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Future Industries Private Limited
Future Industries Private Limited is compared with the companies closest to it by revenue in the Machinery and Equipment industry (Material Handling Equipment). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Liftstrade Private Limited | •••• | •••• | •••• | •••• | - | Rangareddy, Telangana, India |
| Newgentech Material Handling India Private Limited | •••• | •••• | •••• | •••• | - | Thane, Maharashtra, India |
| Rollcon Technofab (India) Private Limited | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
| Hetronic Systems India Private Limited | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
| Simplicity Projects Pvt Ltd | •••• | •••• | •••• | •••• | 13 | Tijara, Rajasthan, India |
| Future Industries Private Limited this company | •••• | •••• | •••• | •••• | - | Daskroi, Gujarat, India |
| Evp Conveyor Products Private Limited | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
| Eon Elevators Private Limited | •••• | •••• | •••• | •••• | - | Bangalore, Karnataka, India |
| Manshapurn Karni Mata Ropeway Private Limited | •••• | •••• | •••• | •••• | - | Udaipur, Rajasthan, India |
| Rank Cranes Private Limited | •••• | •••• | •••• | •••• | 45 | Hyderabad, Telangana, India |
| Brisk Elevators & Escalators Private Limited | •••• | •••• | •••• | •••• | 18 | Bangaluru, Karnataka, India |
Peers are the five companies nearest above and the five nearest below Future Industries by revenue in the Machinery and Equipment industry (Material Handling Equipment), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Auditor Details of Future Industries Private Limited
Future Industries Private Limited is audited by JPMK AND COMPANY for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| JPMK AND COMPANY | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Future Industries Private Limited
Future Industries has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Laxmanbhai Gangaramji Panchal | Director | 11 Jun 2014 | 12 Years 3 Months | Current |
| Ashok Kumar Laxmanlal Panchal Also directs: Legends Equipments Private Limited | Director | 25 Aug 2016 | 10 Years 1 Months | Current |
| Ramesh Laxmanbhai Panchal Also directs: Legends Equipments Private Limited | Director | 11 Jun 2014 | 12 Years 3 Months | Current |
Ownership and Shareholding of Future Industries Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Future Industries Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 24 Sep 2025 | Others | ₹2.75 Cr | Open |
| 20 Aug 2024 | Hdfc Bank Limited | ₹7.56 Lakh | Open |
| 11 Aug 2021 | Hdfc Bank Limited | ₹93.92 Lakh | Satisfied |
| 30 Dec 2017 | Yes Bank Limited | ₹90 Lakh | Satisfied |
| 18 Dec 2017 | Yes Bank Limited | ₹90 Lakh | Satisfied |
Total charge records: 6 View all charges
Legal Cases of Future Industries Private Limited
Future Industries Private Limited has 3 court cases on record: 1 filed by Future Industries, 2 filed against it. All cases are disposed. Status as checked on 02 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 2 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed by the company against Rayavira Marketing Pvt Ltd | Disposed |
| District court, Ahmedabad, Gujarat | Court case (WC-NFATAL-L) | Filed against the company by an individual | Disposed |
| District court, Ahmedabad, Gujarat | Court case (PWAPP-LC) | Filed against the company by an individual | Disposed |
Full case history
All 3 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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 by Future Industries Private Limited
Future Industries Private Limited has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 3 overdue payments to 3 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (3 of 3)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | •••• | •••• | •••• |
| Satva Coatings Private Limited | •••• | •••• | •••• |
| H.Bansidhar & Co. | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 1 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Employees and EPFO Compliance at Future Industries Private Limited
Future Industries Private Limited has a workforce of 49 employees as of Apr 08, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Future Industries Private Limited
Future Industries Private Limited has 3 board changes on record since 2014: 3 appointments. The latest: Ashok Kumar Laxmanlal Panchal was appointed as Director on 25 Aug 2016.
7 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Future Industries Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Future Industries Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Future Industries Private Limited
Future Industries has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AACCF4095R1Z3 | Gujarat | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Future Industries Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Future Industries Private Limited
Future Industries is an active private limited company based in Daskroi, Gujarat, India. The company works in material handling and storage equipment, within the machinery and equipment industry. It was incorporated on 11 June 2014 (12+ years old) and is registered under CIN U29100GJ2014PTC079751.
Future Industries reported revenue of ₹15.44 Cr for FY 2024 (up 44% YoY).
Future Industries has 3 current directors:
- Laxmanbhai Gangaramji Panchal - Director
- Ashok Kumar Laxmanlal Panchal - Director
- Ramesh Laxmanbhai Panchal - Director
Future Industries reported a net profit of ₹16.33 Lakh (net margin 1.1%) and EBITDA of ₹63.54 Lakh (EBITDA margin 4.1%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Future Industries is 39% over three years and 20% over five years. In the latest year (FY 2024) revenue rose 44%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Future Industries is 24AACCF4095R1Z3, registered in Gujarat.
The CIN (Corporate Identification Number) of Future Industries is U29100GJ2014PTC079751. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Future Industries has 3 court cases on record: 1 filed by the company and 2 filed against it.
Future Industries was incorporated on 11 June 2014, making it 12+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Future Industries by revenue are Liftstrade Private Limited, Newgentech Material Handling India Private Limited, Rollcon Technofab (India) Private Limited, Hetronic Systems India Private Limited, Simplicity Projects Pvt Ltd and 5 more, all in the Machinery and Equipment industry (Material Handling Equipment).
Ashok Kumar Laxmanlal Panchal was appointed as Director on 25 Aug 2016. Laxmanbhai Gangaramji Panchal was appointed as Director on 11 Jun 2014. Ramesh Laxmanbhai Panchal was appointed as Director on 11 Jun 2014.
Future Industries has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 3 overdue payments to 3 micro and small suppliers. The latest return was filed on 08 Jun 2019.