MSME (Udyam registered) Ministry of MSME
- Udyam number
- UDYAM-KR-03-0148734
Future Stone Works Private Limited - metals and minerals in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2023
₹12.04 Cr
▼ 56% YoY
Net profit · FY 2023
₹33.08 Lakh
Net margin 2.7%
EBITDA · FY 2023
₹1 Cr
EBITDA margin 8.3%
Authorised capital
₹25 Lakh
Registered with MCA
Paid-up capital
₹25 Lakh
Issued & subscribed
Open charges
₹59 Lakh
Satisfied ₹12.5 Cr
Company age
17 yrs
Est. 2009
Employees · EPFO
13
Provident fund records
About Future Stone Works Private Limited
Data last updated:
Future Stone Works Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the mining and mineral extraction segment of the metals and mining sector. It was incorporated on 05 October 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U24100KA2009PTC051084. Its GSTIN is 29AABCF4135D1ZY (Karnataka).
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹25 Lakh. It is led by directors Nishu Garg and Sunil Bansal.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Bangalore, Karnataka.
As per the financials filed for FY 2023, the company reported a revenue of ₹12.04 Cr, a decline of 56% compared to the previous year. For the same year it recorded a net profit of ₹33.08 Lakh (net margin 2.7%) and EBITDA of ₹1 Cr (EBITDA margin 8.3%). Revenue has declined at a compounded annual rate (CAGR) of 4% over three years and 16% over five years.
The company has about 13 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹59 Lakh and satisfied charges of ₹12.5 Cr on record. Court records list 4 cases involving the company, including 4 filed by the company; 1 case is pending.
Future Stone Works Private Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-KR-03-0148734). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website futurestoneworks.com.
Company details
CIN U24100KA2009PTC051084
Registration Number 051084
Incorporation Date 05 October 2009
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification MSME
Udyam Registration UDYAM-KR-03-0148734
CIN history
Future Stone Works has one previous CIN (Corporate Identification Number): U14200KA2009PTC051084. The current CIN is U24100KA2009PTC051084, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U24100KA2009PTC051084 | Current |
| U14200KA2009PTC051084 | Previous |
Key People
Nishu Garg Director Sunil Bansal Director Recognitions & Rankings of Future Stone Works
Contact details
Future Stone Works Private Limited's registered office is in Bangalore, Karnataka. Its website is futurestoneworks.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressNo. 205 Corporation No. 6/231, 2nd Floor B Wing Mittal Tower, Bangalore, Karnataka, India – 560001
- IndustryMetals and Minerals, Mining & Mineral Extraction
To see the full contact details of Future Stone Works Private Limited, buy the company report.
Comprehensive company report
Future Stone Works 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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Financials of Future Stone Works Private Limited
FY 2024 filings availableFuture Stone Works Private Limited reported revenue of ₹12.04 Cr (down 56% YoY) for FY 2023.
Revenue · FY 2023
₹12.04 Cr ▼ 56%
Net profit · FY 2023
₹33.08 Lakh margin 2.7%
EBITDA · FY 2023
₹1 Cr margin 8.3%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 56%
3 years · compounded
▼ 4%
5 years · compounded
▼ 16%
EBITDA CAGR growth
3 years · compounded
▲ 12%
5 years · compounded
▲ 10%
Revenue has declined at a compounded annual rate (CAGR) of 16% over five years, including a 56% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹12.04 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹1 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹33.08 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 8.3% | ||||
| Net Profit Margin | 2.7% | ||||
| 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 Stone Works Private Limited, buy the company report.
Board of directors of Future Stone Works Private Limited
Future Stone Works has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nishu Garg | Director | 03 Jun 2016 | 10 Years 4 Months | Current |
| Sunil Bansal Also directs: Bright Quartz LLP, Sansara Rice Traders LLP, Basepoint Engineering & Trading LLP and 5 more | Director | 15 Oct 2019 | 7 Years 0 Months | Current |
Auditor
Future Stone Works Private Limited is audited by R Mohammed Iqbal for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| R Mohammed Iqbal | FY 2023 | 026179 |
Shareholding
The shareholding of Future Stone Works Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Future Stone Works Private Limited, buy the company report.
Charges & borrowings
Open charges
₹59 Lakh
Satisfied charges
₹12.5 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 18 Sep 2024 | 100989783 | Others | ₹59 Lakh | Open | |
| 07 Feb 2014 | 10478916 | Axis Bank Limited | ₹5 Cr | Satisfied | |
| 14 Oct 2010 | 10252992 | Axis Bank Limited | ₹7.5 Cr | Satisfied |
To see the full charge records of Future Stone Works Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
Future Stone Works Private Limited has 4 court cases on record: 4 filed by Future Stone Works. 1 case is pending and 3 are disposed.
Total cases
4
Filed by the company
4
Pending
1
Disposed
3
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 0 | 1 |
| High courts | 2 | 0 | 0 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against M/S.Bahulya Buildcast Private Limited Bangalore | Pending |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against M/S.Bahulya Buildcast Private Limited Bangalore | Disposed |
| High Court, TAMIL NADU | Interim or miscellaneous application | Filed by the company against Commissioner of Customs (Appeals-Ii) and 1 other | Disposed |
| High Court, TAMIL NADU | Writ petition | Filed by the company against Commissioner of Customs (Appeals-Ii) and 1 other | Disposed |
To see the full case history of Future Stone Works Private 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.
MSME payment delays
Future Stone Works Private Limited has 2 MSME Form 1 returns on record between 2023 and 2024, listing 8 overdue payments to 4 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 (4 of 4)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| SGB Logistics & Shipping Private Limited | |||
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier |
To see the full MSME payment records of Future Stone Works Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Future Stone Works Private Limited has a workforce of 13 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.
Employee count
13
Active EPFO establishments
1
Employee growth
-23.53%
GST
Future Stone Works has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AABCF4135D1ZY | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Future Stone Works Private Limited, buy the company report.
Recent activity
Future Stone Works Private Limited has 6 board changes on record since 2014: 2 appointments and 4 cessations. The latest: Rajinder Kumar ceased to be Director on 05 Mar 2021.
AGM
Future Stone Works Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Charges
A charge with Others amounted to Rs. 59.00 Lakh with Charge ID 100989783 was registered on 18 Sep 2024.
Filing
Future Stone Works Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
Charges
A charge registered on 07 Feb 2014 via Charge ID 10478916 with Axis Bank Limited was fully satisfied on 25 Nov 2022.
Ceased
Rajinder Kumar ceased to be Director.
Appointed
Sunil Bansal was appointed as Director.
Ceased
Nishu Garg ceased to be Additional Director.
Ceased
Sunil Bansal ceased to be Director.
Appointed
Nishu Garg was appointed as Director.
Ceased
Gaurav Jindal ceased to be Director.
Charges
A charge with Axis Bank Limited amounted to Rs. 500.00 Lakh with Charge ID 10478916 was registered on 07 Feb 2014.
Charges
A charge registered on 14 Oct 2010 via Charge ID 10252992 with Axis Bank Limited was fully satisfied on 26 Oct 2013.
3 earlier events are in the company report.
Frequently asked questions
Future Stone Works is an active private limited company based in Bangalore, Karnataka, India. The company works in mining and mineral extraction, within the metals and minerals industry. It was incorporated on 05 October 2009 (17+ years old) and is registered under CIN U24100KA2009PTC051084.
Future Stone Works has 2 current directors:
- Nishu Garg - Director
- Sunil Bansal - Director
The latest financial statements of Future Stone Works on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Future Stone Works is 29AABCF4135D1ZY, registered in Karnataka.
The CIN (Corporate Identification Number) of Future Stone Works is U24100KA2009PTC051084. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Future Stone Works has 4 court cases on record: 4 filed by the company. 1 is pending. Most are in the district courts.
Future Stone Works was incorporated on 05 October 2009, making it 17+ years old. It is registered with the Registrar of Companies, Bangalore.
Rajinder Kumar ceased to be Director on 05 Mar 2021. Sunil Bansal was appointed as Director on 15 Oct 2019. Nishu Garg ceased to be Additional Director on 30 Sep 2016. Future Stone Works has 6 board changes on record in total.
Yes, Future Stone Works is registered as an MSME under Udyam registration (number: UDYAM-KR-03-0148734).
Future Stone Works has 2 MSME Form 1 returns on record between 2023 and 2024, listing 8 overdue payments to 4 micro and small suppliers. The latest return was filed on 30 Apr 2024.
Future Stone Works can be reached through the website futurestoneworks.com. Its registered office is in Bangalore, Karnataka, India.