Midas Fabri-Com Technologies Private Limited

Midas Fabri-Com Technologies Private Limited - plastics in Chennai, Tamil Nadu, India. FY 2026 financials & compliance.
CIN U28910TN1996PTC034919 Incorporated 25 March 1996 ROC Chennai HQ Chennai, Tamil Nadu, India
Active Private Limited Company plastics MSME · Micro
Data last updated
Revenue · FY 2024
₹19,000
▼ 100% YoY
Net profit · FY 2024
₹785
Net margin 4.1%
EBITDA · FY 2024
₹1,090
EBITDA margin 5.7%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹8.73 Lakh
Issued & subscribed
Open charges
₹10.81 Lakh
Secured borrowings
Company age
30 yrs
Est. 1996
Directors on board
3
As per MCA filings

About Midas Fabri-Com Technologies Private Limited

Data last updated:

Midas Fabri-Com Technologies Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the non-metallic mineral products segment of the plastics and polymers sector. It was incorporated on 25 March 1996 and has been in existence for over 30 years.

The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U28910TN1996PTC034919. Its GSTIN is 33AAACM6182E1ZQ (Tamil Nadu).

The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹8.73 Lakh. It is led by directors including Ashok Hasthimul and Padam Chordia Hasthimull.

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 Sp – 125 III Main Road (Behindwater Tank) Ambattur Industri Al, Estate Chennai 600058, Tamil Nadu, India – 600058.

As per the financials filed for FY 2024, the company reported a revenue of ₹19,000, a decline of 100% compared to the previous year. For the same year it recorded a net profit of ₹785 (net margin 4.1%) and EBITDA of ₹1,090 (EBITDA margin 5.7%). Revenue has declined at a compounded annual rate (CAGR) of 9% over three years and 72% over five years.

As per MCA filings, the company has open charges of ₹10.81 Lakh on record.

Midas Fabri-Com Technologies Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-02-0150129). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website midastech.in.

Company details

CIN U28910TN1996PTC034919
Registration Number 034919
Incorporation Date 25 March 1996
ROC Chennai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-TN-02-0150129

Recognitions & Rankings of Midas Fabri-Com Technologies

MSME (Udyam registered) Ministry of MSME
Category
Micro (2024-25)
Udyam number
UDYAM-TN-02-0150129

Contact details

Midas Fabri-Com Technologies Private Limited's registered office is in Chennai, Tamil Nadu. Its website is midastech.in. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    Sp – 125 III Main Road (Behindwater Tank) Ambattur Industri Al, Estate Chennai 600058, Tamil Nadu, India – 600058
  • Industry
    Plastics, Non-Metallic Mineral Products, Rubber Products, Fabricated Metal Products, Plastic Products

To see the full contact details of Midas Fabri-Com Technologies Private Limited, buy the company report.

Comprehensive company report
Midas Fabri-Com Technologies 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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Business activity

The main business activity of Midas Fabri-Com Technologies is manufacturing. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC8Plastic products, non-metallic mineral products, rubber products, fabricated metal products

To see the full business activity and turnover split of Midas Fabri-Com Technologies Private Limited, buy the company report.

Financials of Midas Fabri-Com Technologies Private Limited

FY 2025 filings available

Midas Fabri-Com Technologies Private Limited reported revenue of ₹19,000 (down 100% YoY) for FY 2024.

Revenue · FY 2024
₹19,000 ▼ 100%
Net profit · FY 2024
₹785 margin 4.1%
EBITDA · FY 2024
₹1,090 margin 5.7%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
3 years · compounded
▼ 9%
5 years · compounded
▼ 72%
EBITDA CAGR growth
1 year
▼ 36%
3 years · compounded
▼ 37%
5 years · compounded
▼ 58%

Revenue has declined at a compounded annual rate (CAGR) of 72% over five years. EBITDA fell 36% 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 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₹1,090
Profit Before Tax
Tax Expense
Net Profit (PAT)₹785
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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin5.7%
Net Profit Margin4.1%
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

To see the full financial statements and ratios of Midas Fabri-Com Technologies Private Limited, buy the company report.

Board of directors of Midas Fabri-Com Technologies Private Limited

Midas Fabri-Com Technologies has 3 directors on record. No former directors are listed.

Current Directors
NameDesignationAppointment DateTenureStatus
Ashok HasthimulDirector10 Aug 200125 Years 2 MonthsCurrent
Padam Chordia HasthimullDirector25 Mar 199630 Years 7 MonthsCurrent
Anand Hasthimull ChordiaDirector10 Aug 200125 Years 2 MonthsCurrent

Auditor

Midas Fabri-Com Technologies Private Limited is audited by PM CHORDIA & CO. for the financial year 2017.

Auditor firmFinancial yearFirm registration number
PM CHORDIA & CO.FY 2017000651S

Shareholding

The shareholding of Midas Fabri-Com Technologies Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2017FY 2016
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Midas Fabri-Com Technologies Private Limited, buy the company report.

Charges & borrowings

Open charges
₹10.81 Lakh
Satisfied charges
None
Breakdown by lending institutions
The Tamilnadu Industrial Investment Corporation₹0.11 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
23 Dec 199690305065The Tamilnadu Industrial Investment Corporation₹10.81 LakhOpen

Total charge records: 1 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Midas Fabri-Com Technologies Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Midas Fabri-Com Technologies has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
33AAACM6182E1ZQTamil NaduActive01 Jul 2017

To see the full GST registrations and return filing status of Midas Fabri-Com Technologies Private Limited, buy the company report.

Recent activity

Midas Fabri-Com Technologies Private Limited has 3 board changes on record since 1996: 3 appointments. The latest: Anand Hasthimull Chordia was appointed as Director on 10 Aug 2001.

AGM
Midas Fabri-Com Technologies Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Midas Fabri-Com Technologies Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Chennai.
Appointed
Anand Hasthimull Chordia was appointed as Director.
Appointed
Ashok Hasthimul was appointed as Director.
Charges
A charge with The Tamilnadu Industrial Investment Corporation amounted to Rs. 10.81 Lakh with Charge ID 90305065 was registered on 23 Dec 1996.
Appointed
Padam Chordia Hasthimull was appointed as Director.
Incorporation
25 Mar 1996
Midas Fabri-Com Technologies Private Limited was registered on 25 Mar 1996 with Roc Chennai & aged 30 years 7 months as per MCA records.

Frequently asked questions

Midas Fabri-Com Technologies is an active private limited company based in Chennai, Tamil Nadu, India. The company works in non-metallic mineral products, within the plastics industry. It was incorporated on 25 March 1996 (30+ years old) and is registered under CIN U28910TN1996PTC034919.

Midas Fabri-Com Technologies has 3 current directors:

The latest financial statements of Midas Fabri-Com Technologies on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.

The GSTIN of Midas Fabri-Com Technologies is 33AAACM6182E1ZQ, registered in Tamil Nadu.

The CIN (Corporate Identification Number) of Midas Fabri-Com Technologies is U28910TN1996PTC034919. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Midas Fabri-Com Technologies was incorporated on 25 March 1996, making it 30+ years old. It is registered with the Registrar of Companies, Chennai.

Anand Hasthimull Chordia was appointed as Director on 10 Aug 2001. Ashok Hasthimul was appointed as Director on 10 Aug 2001. Padam Chordia Hasthimull was appointed as Director on 25 Mar 1996.

Yes, Midas Fabri-Com Technologies is registered as a micro enterprise under Udyam registration (number: UDYAM-TN-02-0150129).

Midas Fabri-Com Technologies can be reached through the website midastech.in. Its registered office is in Chennai, Tamil Nadu, India.

The registered office of Midas Fabri-Com Technologies is at Sp – 125 III Main Road Behindwater Tank Ambattur Industri Al, Estate Chennai 600058, Tamil Nadu, India – 600058.