MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2023-24)
- Udyam number
- UDYAM-DN-01-0002257
National Flask Industries Ltd
National Flask Industries Ltd - machinery and equipment in Sarigam, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2022
₹17.78 Lakh
▼ 23% YoY
Net loss · FY 2022
₹12.32 Lakh
Net margin -69.3%
EBITDA · FY 2022
-₹7.77 Lakh
EBITDA margin -43.7%
Authorised capital
₹15 Cr
Registered with MCA
Paid-up capital
₹10.07 Cr
Issued & subscribed
Open charges
₹26.03 Cr
Secured borrowings
Company age
39 yrs
Est. 1987
Directors on board
6
As per MCA filings
About National Flask Industries Ltd
Data last updated:
National Flask Industries Ltd is a public limited company based in Sarigam, Gujarat, India. It operates in the industrial products retail and distribution segment of the machinery and industrial equipment sector. It was incorporated on 19 October 1987 and has been in existence for over 39 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U29199GJ1987PLC010071. The company has 3 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹15 Cr and a paid-up capital of ₹10.07 Cr. It is led by directors including Haresh Maganlal Gandhi (Managing Director) and Nalinkumar Ranchhodbhai Mandalia.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at Shop No 12 By Pass Road Opp. Madura Textiles, Sarigam, Gujarat, India – 396155.
As per the financials filed for FY 2022, the company reported a revenue of ₹17.78 Lakh, a decline of 23% compared to the previous year. For the same year it recorded a net loss of ₹12.32 Lakh (net margin -69.3%) and EBITDA of -₹7.77 Lakh (EBITDA margin -43.7%). Revenue has grown at a compounded annual rate (CAGR) of 46% over three years and 43% over five years.
As per MCA filings, the company has open charges of ₹26.03 Cr on record. Court records list 62 cases involving the company, including 37 filed by the company and 25 filed against it; 13 cases are pending. The company has 9 deals on record (9 market trades); the latest was in September 2007.
National Flask Industries Ltd is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-DN-01-0002257). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U29199GJ1987PLC010071
Registration Number 010071
Incorporation Date 19 October 1987
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2022
Date of Balance Sheet 31 March 2022
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-DN-01-0002257
CIN history
National Flask Industries has one previous CIN (Corporate Identification Number): L29199GJ1987PLC010071. The current CIN is U29199GJ1987PLC010071, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U29199GJ1987PLC010071 | Current |
| L29199GJ1987PLC010071 | Previous |
Key People
Haresh Maganlal Gandhi Managing Director Nalinkumar Ranchhodbhai Mandalia Director Arun Maganlal Gandhi Director Recognitions & Rankings of National Flask Industries
Contact details
National Flask Industries Ltd's registered office is in Sarigam, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressShop No 12 By Pass Road Opp. Madura Textiles, Sarigam, Gujarat, India – 396155
- IndustryMachinery and Equipment, Industrial Products Retail & Distribution
To see the full contact details of National Flask Industries Ltd, buy the company report.
Comprehensive company report
National Flask Industries Ltd - 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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Financials of National Flask Industries Ltd
FY 2022 filings availableNational Flask Industries Ltd reported revenue of ₹17.78 Lakh (down 23% YoY) for FY 2022.
Revenue · FY 2022
₹17.78 Lakh ▼ 23%
Net loss · FY 2022
₹12.32 Lakh margin -69.3%
EBITDA · FY 2022
-₹7.77 Lakh margin -43.7%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 23%
3 years · compounded
▼ 46%
5 years · compounded
▲ 43%
EBITDA CAGR growth
1 year
▼ 276%
3 years · compounded
▼ 49%
5 years · compounded
▲ 1%
Revenue fell 23% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 43%. EBITDA fell 276% 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| 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 | -₹7.77 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹12.32 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -43.7% | ||||
| Net Profit Margin | -69.3% | ||||
| 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 National Flask Industries Ltd, buy the company report.
Board of directors of National Flask Industries Ltd
National Flask Industries has 6 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nalinkumar Ranchhodbhai Mandalia | Director | 26 Aug 2002 | 24 Years 2 Months | Current |
| Arun Maganlal Gandhi | Director | 01 Sep 1998 | 28 Years 2 Months | Current |
| Nilesh Shashikant Gandhi | Director | 01 Sep 1998 | 28 Years 2 Months | Current |
| Haresh Maganlal Gandhi | Managing Director | 19 Oct 1987 | 39 Years 0 Months | Current |
| Vimal Somantrai Gajdhar | Director | 26 Aug 2002 | 24 Years 2 Months | Current |
| Mahesh Nanda Khimji | Director | 26 Aug 2002 | 24 Years 2 Months | Current |
Auditor
National Flask Industries Ltd is audited by LAXMIKANT KABRA & CO for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| LAXMIKANT KABRA & CO | FY 2021 | 117183W |
Shareholding
The shareholding of National Flask Industries Ltd 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 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of National Flask Industries Ltd, buy the company report.
Charges & borrowings
Open charges
₹26.03 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 09 Nov 2000 | 90110225 | The Shamrao Vithal Co Op Bank Ltd | ₹50 Lakh | Open | |
| 09 Mar 2000 | 90112582 | The North Danara G S B Co Op Bank Ltd | ₹25 Lakh | Open | |
| 03 Jan 2000 | 90110063 | The Sarswat Co Op Bank Ltd | ₹50 Lakh | Open | |
| 18 Oct 1999 | 90110031 | Shamrao Vithal Co Op Bank Ltd | ₹50 Lakh | Open | |
| 23 Sep 1999 | 90112537 | The Cosmos Co Operative Bank Ltd | ₹5 Cr | Open |
To see the full charge records of National Flask Industries Ltd, buy the company report.
Total charge records: 22 View all charges
Deals & funding
National Flask Industries Ltd has 9 deals on record (9 market trades); the latest was in September 2007.
Total deals
9
Market trades
9
Deals on record (5 of 9)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2007 | Market trade | ₹90,000 | Buyer: Beejay Inv And Fin Cons Pvt Ltd |
| Sep 2005 | Market trade | ₹3.5 Lakh | Buyer: an individual |
| Aug 2005 | Market trade | ₹3.6 Lakh | Buyer: an individual |
| Jun 2005 | Market trade | ₹6.8 Lakh | Seller: an individual |
| Jun 2005 | Market trade | ₹3 Lakh | Seller: an individual |
To see the full deal history of National Flask Industries Ltd, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
National Flask Industries Ltd has 62 court cases on record: 37 filed by National Flask Industries, 25 filed against it. 13 cases are pending and 49 are disposed.
Total cases
62
Filed by the company
37
Filed against the company
25
Pending
13
Disposed
49
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 32 | 13 | 6 |
| District courts | 26 | 10 | 6 |
| Supreme Court | 4 | 2 | 1 |
Cases on record (5 of 62)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Silvassa, The Dadra And Nagar Haveli And Daman And Diu | Commercial matter | Filed by the company against Siyaram Packaging Pvt. Ltd. and 04 Oth. and 1 other | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Interim or miscellaneous application | Filed against the company by K. Marmo Pvt Ltd | Pending |
| High Court, THE DADRA AND NAGAR HAVELI AND DAMAN AND DIU | Writ petition | Filed by the company against Siyaram Packaging Pvt Ltd | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Civil suit | Filed against the company by K. Marmo Private Limited | Pending |
| Bombay High Court | Interim or miscellaneous application | Filed against the company by K. Marmo Private Limited | Pending |
To see the full case history of National Flask Industries Ltd, 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 National Flask Industries Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
National Flask Industries has 3 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
Total GSTINs
3
Cancelled / inactive
3
To see the full GST registrations and return filing status of National Flask Industries Ltd, buy the company report.
Recent activity
National Flask Industries Ltd has 6 board changes on record since 1987: 6 appointments. The latest: Mahesh Nanda Khimji was appointed as Director on 26 Aug 2002.
Charges
A charge with Others of Rs. 6.85 Cr registered on 27 Mar 1997 with Charge ID 90107614 was modified on 26 Mar 2025.
AGM
National Flask Industries Ltd last Annual general meeting of members was held on 30 Sep 2022 as per latest MCA records.
Filing
National Flask Industries Ltd has filed its annual Financial statements for the year ended 31 Mar 2022 with Roc Ahmedabad.
Appointed
Mahesh Nanda Khimji was appointed as Director.
Appointed
Nalinkumar Ranchhodbhai Mandalia was appointed as Director.
Appointed
Vimal Somantrai Gajdhar was appointed as Director.
Charges
A charge with The Shamrao Vithal Co Op Bank Ltd amounted to Rs. 0.50 Cr with Charge ID 90110225 was registered on 09 Nov 2000.
Charges
A charge with The North Danara G S B Co Op Bank Ltd amounted to Rs. 0.25 Cr with Charge ID 90112582 was registered on 09 Mar 2000.
Charges
A charge with The Sarswat Co Op Bank Ltd amounted to Rs. 0.50 Cr with Charge ID 90110063 was registered on 03 Jan 2000.
Charges
A charge with Shamrao Vithal Co Op Bank Ltd amounted to Rs. 0.50 Cr with Charge ID 90110031 was registered on 18 Oct 1999.
Charges
A charge with The Cosmos Co Operative Bank Ltd amounted to Rs. 5.00 Cr with Charge ID 90112537 was registered on 23 Sep 1999.
Charges
A charge with Shamrao Vithal Co Op Bank Ltd amounted to Rs. 0.34 Cr with Charge ID 90111474 was registered on 10 Aug 1999.
25 earlier events are in the company report.
Frequently asked questions
National Flask Industries is an active public limited company based in Sarigam, Gujarat, India. The company works in industrial products retail and distribution, within the machinery and equipment industry. It was incorporated on 19 October 1987 (39+ years old) and is registered under CIN U29199GJ1987PLC010071.
National Flask Industries has 6 current directors:
- Haresh Maganlal Gandhi - Managing Director
- Nalinkumar Ranchhodbhai Mandalia - Director
- Arun Maganlal Gandhi - Director
- Nilesh Shashikant Gandhi - Director
- Vimal Somantrai Gajdhar - Director
- Mahesh Nanda Khimji - Director
The latest financial statements of National Flask Industries on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from 2015 are in the company report.
No. National Flask Industries has 3 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of National Flask Industries is U29199GJ1987PLC010071. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
National Flask Industries has 62 court cases on record: 37 filed by the company and 25 filed against it. 13 are pending. Most are in the high courts.
National Flask Industries was incorporated on 19 October 1987, making it 39+ years old. It is registered with the Registrar of Companies, Ahmedabad.
National Flask Industries has 9 deals on record (9 market trades); the latest was in September 2007.
Mahesh Nanda Khimji was appointed as Director on 26 Aug 2002. Nalinkumar Ranchhodbhai Mandalia was appointed as Director on 26 Aug 2002. Vimal Somantrai Gajdhar was appointed as Director on 26 Aug 2002. National Flask Industries has 6 board changes on record in total.
Yes, National Flask Industries is registered as a micro enterprise under Udyam registration (number: UDYAM-DN-01-0002257).
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