- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MP-17-0001399

About Kothari Fnalex Limited
Data last updated:
Kothari Fnalex Limited is a public limited company based in Indore, Madhya Pradesh, India. It operates in the agri machinery and equipment segment of the agriculture sector. It was incorporated on 18 October 1993 and has been in existence for over 33 years.
The company is registered with the Registrar of Companies (ROC), Gwalior, under CIN U52335MP1993PLC007931. Its GSTIN is 23AAACK8086H1ZG (Madhya Pradesh). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹49 Lakh and a paid-up capital of ₹48.55 Lakh. It is led by directors including Satish Kothari (Managing Director) and Hans Raj Kothari (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 309 – Urvashi Complex Jaora Compound, Indore, Madhya Pradesh, India – 452001.
As per the financials filed for FY 2025, the company reported a revenue of ₹6.09 Cr, a growth of 74% compared to the previous year. For the same year it recorded a net profit of ₹18.07 Lakh (net margin 3%) and EBITDA of ₹34.82 Lakh (EBITDA margin 5.7%). Revenue has grown at a compounded annual rate (CAGR) of 29% over three years and 1% over five years.
The company has about 4 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹20 Lakh and satisfied charges of ₹2.18 Cr on record. Court records list 3 cases involving the company, including 2 filed by the company and 1 filed against it; 1 case is pending.
Kothari Fnalex Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MP-17-0001399). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website kotharipipe.com.
Company details
CIN history
Kothari Fnalex has one previous CIN (Corporate Identification Number): L52335MP1993PLC007931. The current CIN is U52335MP1993PLC007931, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U52335MP1993PLC007931 | Current |
| L52335MP1993PLC007931 | Previous |
Recognitions & Rankings of Kothari Fnalex
Contact details
Kothari Fnalex Limited's registered office is in Indore, Madhya Pradesh. Its website is kotharipipe.com. Its e-mail address is in the company report.
- Email
- Website
- Registered Address309 – Urvashi Complex Jaora Compound, Indore, Madhya Pradesh, India – 452001
- IndustryAgriculture, Agri Machinery & Equipment
To see the full contact details of Kothari Fnalex 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 Kothari Fnalex is manufacturing. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C8 | Plastic products, non-metallic mineral products, rubber products, fabricated metal products |
To see the full business activity and turnover split of Kothari Fnalex Limited, buy the company report.
Financials of Kothari Fnalex Limited
FY 2024 filings availableKothari Fnalex Limited reported revenue of ₹6.09 Cr (up 74% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 1% over five years, including 74% growth in the latest year. EBITDA rose 102% 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 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 | ₹34.82 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹18.07 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 5.7% | ||||
| Net Profit Margin | 3% | ||||
| 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 Kothari Fnalex Limited, buy the company report.
Board of directors of Kothari Fnalex Limited
Kothari Fnalex has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Hans Raj Kothari Also directs: Kothari Agrochem (India) Ltd | Whole-Time Director | 18 Oct 1993 | 33 Years 0 Months | Current |
| Roop Raj Kothari | Director | 01 Jan 2022 | 4 Years 9 Months | Current |
| Satish Kothari | Managing Director | 18 Oct 1993 | 33 Years 0 Months | Current |
Auditor
Kothari Fnalex Limited is audited by RAMESHWAR YADAV & CO for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RAMESHWAR YADAV & CO | FY 2021 | 011213C |
Shareholding
The shareholding of Kothari Fnalex Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Kothari Fnalex Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 14 Jul 2022 | 100603523 | Others | ₹20 Lakh | Satisfied | |
| 28 Jul 2020 | 100361176 | Others | ₹18 Lakh | Satisfied | |
| 27 Jul 2004 | 90206154 | The Federal Bank Limited | ₹1.2 Cr | Satisfied | |
| 27 Jul 2004 | 90209634 | The Federal Bank Ltd. | ₹60 Lakh | Satisfied | |
| 20 Aug 2003 | 90204061 | State Bank of Bikaner and Jaipur | ₹- | Satisfied |
To see the full charge records of Kothari Fnalex Limited, buy the company report.
Total charge records: 5 View all charges
Legal cases
Kothari Fnalex Limited has 3 court cases on record: 2 filed by Kothari Fnalex, 1 filed against it. 1 case is pending and 2 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 0 | 1 |
| District courts | 1 | 1 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court | Writ petition | Filed by the company against State of Raj and Anr | Pending |
| District court, Kota, Rajasthan | Court case (Cr.Reg.Case) | Filed against the company by State | Disposed |
| High Court | Writ petition | Filed by the company against State of Raj and Ors | Disposed |
To see the full case history of Kothari Fnalex 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
No delayed payments to MSME suppliers are on our record for Kothari Fnalex Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Kothari Fnalex Limited has a workforce of 4 employees on its EPFO records as of Mar 29, 2024, across 1 active EPFO establishment.
GST
Kothari Fnalex has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 23AAACK8086H1ZG | Madhya Pradesh | Active | 01 Jul 2017 |
| 08AAACK8086H1Z8 | Rajasthan | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Kothari Fnalex Limited, buy the company report.
Recent activity
Kothari Fnalex Limited has 7 board changes on record since 1993: 3 appointments and 4 cessations. The latest: Roop Raj Kothari ceased to be Additional Director on 30 Sep 2022.
9 earlier events are in the company report.
Frequently asked questions
Kothari Fnalex is an active public limited company based in Indore, Madhya Pradesh, India. The company works in agri machinery and equipment, within the agriculture industry. It was incorporated on 18 October 1993 (33+ years old) and is registered under CIN U52335MP1993PLC007931.
Kothari Fnalex has 3 current directors:
- Satish Kothari - Managing Director
- Hans Raj Kothari - Whole-Time Director
- Roop Raj Kothari - Director
The latest financial statements of Kothari Fnalex 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 Kothari Fnalex is 23AAACK8086H1ZG, registered in Madhya Pradesh. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 08AAACK8086H1Z8 (Rajasthan).
The CIN (Corporate Identification Number) of Kothari Fnalex is U52335MP1993PLC007931. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Kothari Fnalex has 3 court cases on record: 2 filed by the company and 1 filed against it. 1 is pending. Most are in the high courts.
Kothari Fnalex was incorporated on 18 October 1993, making it 33+ years old. It is registered with the Registrar of Companies, Gwalior.
Roop Raj Kothari ceased to be Additional Director on 30 Sep 2022. Ami Lal Baloda ceased to be Director on 31 May 2022. Roop Raj Kothari was appointed as Director on 01 Jan 2022. Kothari Fnalex has 7 board changes on record in total.
Yes, Kothari Fnalex is registered as a micro enterprise under Udyam registration (number: UDYAM-MP-17-0001399).
Kothari Fnalex can be reached through the website kotharipipe.com. Its registered office is in Indore, Madhya Pradesh, India.