About FX Multitech Limited
Data last updated:
FX Multitech Limited is a public limited company based in Ahmedabad, Gujarat, India. It operates in the industrial tools and components segment of the machinery and industrial equipment sector. It was incorporated on 27 March 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U52100GJ2008PLC053391. Its GSTIN is 24AABCF2067J1ZS (Gujarat). The company holds 7 GST registrations, of which 6 are active.
The company has an authorised share capital of ₹23 Cr and a paid-up capital of ₹10.81 Cr. It is led by directors including Subhash Moolchand Agarwal (Managing Director) and Selvaraj Rangaswamy (Whole-Time Director).
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 C – 907 908 Titanium Square Thaltej Cross Road Thaltej, Ahmedabad, Gujarat, India – 380054.
As per the financials filed for FY 2025, the company reported a revenue of ₹111.13 Cr, a growth of 48% compared to the previous year. For the same year it recorded a net profit of ₹9.09 Cr (net margin 8.2%) and EBITDA of ₹13.71 Cr (EBITDA margin 12.3%). Revenue has grown at a compounded annual rate (CAGR) of 12% over three years and 25% over five years.
The company has about 32 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Fx Multitech. As per MCA filings, the company has open charges of ₹36.22 Cr and satisfied charges of ₹28.51 Cr on record. The company has 4 deals on record (2 funding rounds, 1 secondary share transfer, 1 ipo), with disclosed funding of ₹1.01 Cr; the latest was in September 2026. Its 10 peer companies in the Metals and Minerals industry (Industrial Products Retail and Distribution, Metal Retail and Distribution) are compared by revenue, 5 larger and 5 smaller; the largest is Infraplaces E-Commerce Private Limited. The company has 1 MSME Form 1 return on record for the period ending Mar 2020, listing 3 overdue payments to 3 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website fxmultitech.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressC – 907 908 Titanium Square Thaltej Cross Road Thaltej, Ahmedabad, Gujarat, India – 380054
- IndustryMachinery and Equipment, Industrial Tools & Components
- 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 FX Multitech Limited
The main business activity of FX Multitech is trade. In detail, this covers wholesale trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | 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 FX Multitech Limited FY 2024 filings available
FX Multitech Limited reported revenue of ₹111.13 Cr (up 48% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of FX Multitech Limited
Revenue has grown at a compounded annual rate (CAGR) of 25% over five years, including 48% growth in the latest year. EBITDA rose 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 of FX Multitech Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | ₹13.71 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹9.09 Cr | •••• | •••• | •••• | •••• |
| 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 FX Multitech Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 12.3% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 8.2% | •••• | •••• | •••• | •••• |
| 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 FX Multitech 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 FX Multitech Limited
FX Multitech Limited is compared with the companies closest to it by revenue in the Metals and Minerals industry (Industrial Products Retail and Distribution, Metal Retail and Distribution). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Infraplaces E-Commerce Private Limited | •••• | •••• | •••• | •••• | - | Hyderabad, Telangana, India |
| Aquanomics Systems Limited | •••• | •••• | •••• | •••• | 20 | Navi Mumbai, Maharashtra, India |
| Av Bros Private Limited | •••• | •••• | •••• | •••• | - | Fatehgarhsahib, Punjab, India |
| Tricon Enterprises Private Limited | •••• | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
| Dhyey Trading Private Limited | •••• | •••• | •••• | •••• | - | Raipur, Chattisgarh, India |
| FX Multitech Limited this company | •••• | •••• | •••• | •••• | - | Ahmedabad, Gujarat, India |
| Novelty Treasure Metals Private Limited | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
| Steel & Tube Field India Private Limited | •••• | •••• | •••• | •••• | - | Chennai, Tamil Nadu, India |
| Shashwat Metallic Private Limited | •••• | •••• | •••• | •••• | - | Kolkata, West Bengal, India |
| Aadit Metal Trade Private Limited | •••• | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
| Cherry Vanijya Private Limited | •••• | •••• | •••• | •••• | - | Kolkata, West Bengal, India |
Peers are the five companies nearest above and the five nearest below FX Multitech by revenue in the Metals and Minerals industry (Industrial Products Retail and Distribution, Metal Retail and Distribution), 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 FX Multitech Limited
FX Multitech Limited is audited by MUKESH O PARIKH & CO for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| MUKESH O PARIKH & CO | 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 FX Multitech Limited
FX Multitech has 6 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Narla Nageswara Rao Also directs: Rockwell Industries Limited | Director | 26 Feb 2025 | 1 Years 7 Months | Current |
| Harshil Vadodariya Bharat Bhai Also directs: Advance Petrochemicals Limited, Solarium Green Energy Limited, Vinod Denim Limited and 1 more | Director | 19 May 2025 | 1 Years 4 Months | Current |
| Subhash Moolchand Agarwal Also directs: Everestt Chillers Private Limited, Frascold India Private Limited | Managing Director | 27 Mar 2008 | 18 Years 6 Months | Current |
| Selvaraj Rangaswamy Also directs: Everestt Chillers Private Limited, Frascold India Private Limited | Whole-Time Director | 27 Mar 2008 | 18 Years 6 Months | Current |
| Kanagalakshmi Selvaraj Also directs: Everestt Chillers Private Limited | Director | 31 Mar 2025 | 1 Years 6 Months | Current |
| Shivam Devkishanji Soni | Director | 19 May 2025 | 1 Years 4 Months | Current |
Ownership and Shareholding of FX Multitech 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 FX Multitech Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 31 Jan 2022 | The Hongkong and Shanghai Banking Corporation Limited | ₹14.61 Cr | Open |
| 25 Mar 2021 | The Hongkong and Shanghai Banking Corporation Limited | ₹19 Cr | Open |
| 25 Mar 2021 | Others | ₹2.61 Cr | Open |
| 27 Jul 2020 | Others | ₹1.63 Cr | Satisfied |
| 26 Feb 2020 | Hdfc Bank Limited | ₹8.85 Lakh | Satisfied |
Total charge records: 9 View all charges
Deals & Funding of FX Multitech Limited
FX Multitech Limited has 4 deals on record (2 funding rounds, 1 secondary share transfer, 1 ipo), with disclosed funding of ₹1.01 Cr; the latest was in September 2026.
Deals on record (3 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Aug 2023 | Secondary share transfer | Undisclosed | Buyer: Subhash Moolchand Agrawal HUF, Selvaraj Rangaswamy- HUF, 2 individuals Seller: 4 individuals |
| Dec 2016 | Funding round | ₹53.6 Lakh | Investors: 3 individuals |
| Mar 2011 | Funding round | ₹47 Lakh | Investors: Subhash Moolchand Agrawal HUF, 3 individuals |
Full deal history
All 4 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
MSME Payment Delays by FX Multitech Limited
FX Multitech Limited has 1 MSME Form 1 return on record for the period ending Mar 2020, 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 |
|---|---|---|---|
| Lubi Electronics | •••• | •••• | •••• |
| Heena Traders | •••• | •••• | •••• |
| V Oak Engineers Pvt Ltd | •••• | •••• | •••• |
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.
Associated Brands with FX Multitech Limited
FX Multitech operates one associated brand: Fx Multitech. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Distribution and export of engineering products for refrigeration and industrial automation in India. | fxmultitech.com |
Employees and EPFO Compliance at FX Multitech Limited
FX Multitech Limited has a workforce of 32 employees as of Apr 03, 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.
CIN History of FX Multitech Limited
FX Multitech has one previous CIN (Corporate Identification Number): U52100GJ2008PTC053391. The current CIN is U52100GJ2008PLC053391, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U52100GJ2008PLC053391 | Current |
| U52100GJ2008PTC053391 | Previous |
News related to FX Multitech Limited
Recent Activity on FX Multitech Limited
FX Multitech Limited has 15 board changes on record since 2008: 6 appointments and 9 cessations. The latest: Harshil Vadodariya Bharat Bhai ceased to be Additional Director on 29 Sep 2025.
28 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for FX Multitech 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 FX Multitech 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 FX Multitech Limited
FX Multitech has 7 GST registrations: 6 active and 1 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AABCF2067J1ZS | Gujarat | Active | 01 Jul 2017 |
| 27AABCF2067J1ZM | Maharashtra | Active | 01 Jul 2017 |
| 29AABCF2067J1ZI | Karnataka | Active | 01 Jul 2017 |
| 36AABCF2067J1ZN | Telangana | 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 FX Multitech 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 FX Multitech Limited
FX Multitech is an active public limited company based in Ahmedabad, Gujarat, India. The company works in industrial tools and components, within the machinery and equipment industry. It was incorporated on 27 March 2008 (18+ years old) and is registered under CIN U52100GJ2008PLC053391.
FX Multitech reported revenue of ₹111.13 Cr for FY 2025 (up 48% YoY).
FX Multitech has 6 current directors:
- Subhash Moolchand Agarwal - Managing Director
- Selvaraj Rangaswamy - Whole-Time Director
- Narla Nageswara Rao - Director
- Harshil Vadodariya Bharat Bhai - Director
- Kanagalakshmi Selvaraj - Director
- Shivam Devkishanji Soni - Director
FX Multitech reported a net profit of ₹9.09 Cr (net margin 8.2%) and EBITDA of ₹13.71 Cr (EBITDA margin 12.3%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of FX Multitech is 12% over three years and 25% over five years. In the latest year (FY 2025) revenue rose 48%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of FX Multitech is 24AABCF2067J1ZS, registered in Gujarat. The company has 7 GST registrations in all, of which 6 are active and 1 is cancelled or inactive. Other active GSTINs include 27AABCF2067J1ZM (Maharashtra), 29AABCF2067J1ZI (Karnataka), 36AABCF2067J1ZN (Telangana).
The CIN (Corporate Identification Number) of FX Multitech is U52100GJ2008PLC053391. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
FX Multitech was incorporated on 27 March 2008, making it 18+ years old. It is registered with the Registrar of Companies, Ahmedabad.
FX Multitech has 4 deals on record (2 funding rounds, 1 secondary share transfer, 1 ipo), with disclosed funding of ₹1.01 Cr; the latest was in September 2026.
The peers of FX Multitech by revenue are Infraplaces E-Commerce Private Limited, Aquanomics Systems Limited, Av Bros Private Limited, Tricon Enterprises Private Limited, Dhyey Trading Private Limited and 5 more, all in the Metals and Minerals industry (Industrial Products Retail and Distribution, Metal Retail and Distribution).
Harshil Vadodariya Bharat Bhai ceased to be Additional Director on 29 Sep 2025. Shivam Devkishanji Soni ceased to be Additional Director on 29 Sep 2025. Ashok Ruplal Kavdia ceased to be Additional Director on 19 May 2025. FX Multitech has 15 board changes on record in total.
FX Multitech has 1 MSME Form 1 return on record for the period ending Mar 2020, listing 3 overdue payments to 3 micro and small suppliers. The latest return was filed on 21 Aug 2020.