High Tech Fablon Private Limited
About High Tech Fablon Private Limited
Data last updated:
High Tech Fablon Private Limited is a private limited company based in Surat, Gujarat, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 30 September 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U17120GJ2010PTC062491. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹1.74 Cr. It is led by directors Sunildutta Shyamlal Agarwal and Naresh Shyamlal Agarwal.
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 907 Rajhans Complex Opp. J. K Towers Ring Road, Surat, Gujarat, India – 395002.
As per the financials filed for FY 2019, the company reported a revenue of ₹1.45 Lakh, a decline of 71% compared to the previous year. For the same year it recorded a net loss of ₹34,813 (net margin -24%) and EBITDA of -₹34,813 (EBITDA margin -24%). Revenue has declined at a compounded annual rate (CAGR) of 90% over three years.
The company has about 1 employee on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹114.17 Cr and satisfied charges of ₹29.7 Cr on record. Court records list 4 cases involving the company, including 4 filed by the company.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
High Tech Fablon Private Limited's registered office is in Surat, Gujarat. Its e-mail address is in the company report.
- Email
- Registered Address907 Rajhans Complex Opp. J. K Towers Ring Road, Surat, Gujarat, India – 395002
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of High Tech Fablon 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 High Tech Fablon is manufacturing. In detail, this covers textile, leather and other apparel products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products |
Financials of High Tech Fablon Private Limited
FY 2019 filings availableHigh Tech Fablon Private Limited reported revenue of ₹1.45 Lakh (down 71% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 90% over three years, including a 71% fall in the latest year. EBITDA rose 82% 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹1.45 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹34,813 | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹34,813 | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
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| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
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| Total Assets | |||||
Financial Ratios
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -24% | ||||
| Net Profit Margin | -24% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
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| 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 High Tech Fablon Private Limited, buy the company report.
Board of directors of High Tech Fablon Private Limited
High Tech Fablon has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sunildutta Shyamlal Agarwal Also directs: High Tech Silk Mills Limited, High Tech Garments Private Limited, High Tech Filaments Private Limited and 5 more | Director | 30 Sep 2010 | 16 Years 0 Months | Current |
| Naresh Shyamlal Agarwal Also directs: High Tech Silk Mills Limited, High Tech Garments Private Limited, High Tech Filaments Private Limited and 5 more | Director | 01 Dec 2016 | 9 Years 10 Months | Current |
Peer comparison
High Tech Fablon Private Limited is compared with the 3 companies closest to it by revenue in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Sehgalsisters Apparels Private Limited | ₹1.46 Lakh (FY 2023) | Gurugram, Haryana, India | ||||
| Neela Textiles (Gujarat) Private Limited | ₹1.46 Lakh (FY 2023) | -46.0% | Ahmedabad, Gujarat, India | |||
| High Tech Fablon Private Limitedthis company | ₹1.45 Lakh (FY 2019) | -₹34,813 | -24% | -71.0% | Surat, Gujarat, India | |
| Spandanweavers Crafts Private Limited | ₹1.45 Lakh (FY 2021) | Jaipur, Rajasthan, India |
To see the full peer comparison of High Tech Fablon Private Limited, buy the company report.
Auditor
High Tech Fablon Private Limited is audited by SUNIL CHOUDHARY & CO for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SUNIL CHOUDHARY & CO | FY 2019 | 113883W |
Shareholding
The shareholding of High Tech Fablon Private Limited is on record for 5 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of High Tech Fablon Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 14 Feb 2014 | 10479183 | Bank of Baroda | ₹104.8 Cr | Open | |
| 23 Nov 2011 | 10323412 | Bank of Baroda | ₹9.37 Cr | Open | |
| 23 Nov 2011 | 10323396 | Bank of Baroda | ₹29.7 Cr | Satisfied |
To see the full charge records of High Tech Fablon Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
High Tech Fablon Private Limited has 4 court cases on record: 4 filed by High Tech Fablon. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 0 | 0 |
Cases on record (3 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, SURAT, Gujarat | Criminal complaint | Filed by the company against Utkarsh Exim PRT Ltd and 1 other | Disposed |
| District court, SURAT, Gujarat | Criminal complaint | Filed by the company against an individual | Disposed |
| District court, SURAT, Gujarat | Criminal complaint | Filed by the company against M/S Utkarsh Exim Pvt Litd | Disposed |
To see the full case history of High Tech Fablon 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.
Credit ratings & regulatory alerts
High Tech Fablon Private Limited was last rated by Icra on 31 May 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Icra | 31 May 2021 |
To see the full credit ratings and regulatory alerts of High Tech Fablon Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for High Tech Fablon Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
High Tech Fablon has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of High Tech Fablon Private Limited, buy the company report.
Recent activity
High Tech Fablon Private Limited has 4 board changes on record since 2010: 2 appointments and 2 cessations. The latest: Naresh Shyamlal Agarwal ceased to be Additional Director on 29 Sep 2017.
1 earlier event is in the company report.
Frequently asked questions
High Tech Fablon is an active private limited company based in Surat, Gujarat, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 30 September 2010 (16+ years old) and is registered under CIN U17120GJ2010PTC062491.
High Tech Fablon has 2 current directors:
- Sunildutta Shyamlal Agarwal - Director
- Naresh Shyamlal Agarwal - Director
The latest financial statements of High Tech Fablon 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.
No. High Tech Fablon has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of High Tech Fablon is U17120GJ2010PTC062491. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
High Tech Fablon has 4 court cases on record: 4 filed by the company.
High Tech Fablon was incorporated on 30 September 2010, making it 16+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of High Tech Fablon by revenue are Sehgalsisters Apparels Private Limited, Neela Textiles (Gujarat) Private Limited, Spandanweavers Crafts Private Limited, all in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products).
Naresh Shyamlal Agarwal ceased to be Additional Director on 29 Sep 2017. Ajaykumar Shyamlal Agarwal ceased to be Director on 01 Dec 2016. Naresh Shyamlal Agarwal was appointed as Director on 01 Dec 2016. High Tech Fablon has 4 board changes on record in total.
The registered office of High Tech Fablon is at 907 Rajhans Complex Opp. J. K Towers Ring Road, Surat, Gujarat, India – 395002.
High Tech Fablon operates in the manufacturing industry, in the textile and fabric production segment.