About Million Abrasives Private Limited
Data last updated:
Million Abrasives Private Limited was a private limited company based in Delhi, India. The company has been converted to a Limited Liability Partnership (LLP) and no longer exists as a company. For the latest details, refer to the successor LLP. It operated in the paper and packaging products segment of the manufacturing sector. It was incorporated on 01 August 1983.
The company was registered with the Registrar of Companies (ROC), Delhi, under CIN U74899DL1983PTC016268. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1.09 Lakh.
Its last annual general meeting (AGM) was held on 15 September 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office was at 8/4/2 Jawahar Nagar, Delhi, India – 110094.
As per the financials filed for FY 2017, the company reported a revenue of ₹3.66 Lakh, a decline of 5% compared to the previous year. For the same year it recorded a net profit of ₹2.16 Lakh (net margin 59%) and EBITDA of ₹3.1 Lakh (EBITDA margin 84.6%).
As per MCA filings, the company has satisfied charges of ₹2 Lakh on record.
The last known website on record is millionabrasives.com.
Company details
Contact details
Million Abrasives Private Limited's registered office is in Delhi, Delhi. Its website is millionabrasives.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address8/4/2 Jawahar Nagar, Delhi, India – 110094
- IndustryManufacturing, Paper & Packaging Products
To see the full contact details of Million Abrasives 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 Million Abrasives is manufacturing. In detail, this covers wood and wood products, furniture, paper and paper products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C3 | Wood and wood products, furniture, paper and paper products |
To see the full business activity and turnover split of Million Abrasives Private Limited, buy the company report.
Financials of Million Abrasives Private Limited
FY 2017 filings availableMillion Abrasives Private Limited reported revenue of ₹3.66 Lakh (down 5% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue fell 5% in the latest year. EBITDA fell 24% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | |||
| Other Income | |||
| Total Revenue | ₹3.66 Lakh | ||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | ₹3.1 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | ₹2.16 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 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 84.6% | ||
| Net Profit Margin | 59% | ||
| 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 Million Abrasives Private Limited, buy the company report.
Board of directors of Million Abrasives Private Limited
Million Abrasives has 2 former directors on record and no current directors listed.
Auditor
Million Abrasives Private Limited is audited by RAWLA & COMPANY for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RAWLA & COMPANY | FY 2017 | 001661N |
Shareholding
The shareholding of Million Abrasives 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 category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Million Abrasives Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 10 Jan 1985 | 90335314 | O.B..C | ₹2 Lakh | Satisfied |
To see the full charge records of Million Abrasives Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Million Abrasives Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Million Abrasives Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Million Abrasives 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 Million Abrasives Private Limited, buy the company report.
Recent activity
Million Abrasives Private Limited has 2 board changes on record since 2017: 0 appointments and 2 cessations. The latest: Amrik Singh Kathuria ceased to be Director on 05 Nov 2017.
Frequently asked questions
Million Abrasives has been "Converted to LLP" - the business changed its legal structure from a company to a Limited Liability Partnership. The original company no longer exists in its previous form. For the latest information, refer to the successor LLP entity registered with MCA.
Million Abrasives was a private limited company based in Delhi, India. The company worked in paper and packaging products, within the manufacturing industry. It was incorporated on 01 August 1983 and is registered under CIN U74899DL1983PTC016268. For the latest details, refer to the successor LLP entity.
The CIN (Corporate Identification Number) of Million Abrasives is U74899DL1983PTC016268. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Million Abrasives was incorporated on 01 August 1983. It is registered with the Registrar of Companies, Delhi.
Million Abrasives can be reached through the website millionabrasives.com. Its registered office is in Delhi, India.
The registered office of Million Abrasives is at 842 Jawahar Nagar, Delhi, India – 110094.
The latest financial statements of Million Abrasives on record with the MCA are for the year ended 31 March 2017. Its last annual general meeting was held on 15 September 2017. Year-wise statements from 2015 are in the company report.
No. Million Abrasives has 1 GST registration on record and it is cancelled or inactive.
Million Abrasives operated in the manufacturing industry, in the paper and packaging products segment.
Amrik Singh Kathuria ceased to be Director on 05 Nov 2017. Inderjeet Singh ceased to be Director on 05 Nov 2017.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
