About Orbit Masterbatches Private Limited
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Orbit Masterbatches Private Limited is a private limited company based in Vadodara, Gujarat, India. It operates in the industrial machinery manufacturing segment of the machinery and industrial equipment sector. It was incorporated on 09 August 1991 and has been in existence for over 35 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U17119GJ1991PTC016098. Its GSTIN is 24AACCS9798N1ZE (Gujarat).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It was formerly known as Orbit Masterbateches Private Limited and Saheb Synthetics Private Limited. It is led by directors including Ileshkumar Patel and Induben Rajendrabhai Patel.
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 Plot No. 47 GIDC Manjusar Village Manjusar Taluka Savli, Vadodara, Gujarat, India – 391775.
As per the financials filed for FY 2022, the company reported a revenue of ₹16.61 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹34.55 Lakh (net margin -208%) and EBITDA of -₹44.48 Lakh (EBITDA margin -267.8%). Revenue has declined at a compounded annual rate (CAGR) of 75% over three years and 39% over five years.
As per MCA filings, the company has satisfied charges of ₹3.35 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website orbitmasterbatches.in.
Company details
Name history
Orbit Masterbatches has undergone 4 name changes throughout its history. The current legal name is Orbit Masterbatches Private Limited.
| Company Name | Status |
|---|---|
| Orbit Masterbatches Private Limited | Current |
| Orbit Masterbateches Private Limited | Previous |
| Saheb Synthetics Private Limited | Previous |
| Orbit Mastrbateches Private Limited | Previous |
| Saheb Synthetics Pvt Ltd | Previous |
Contact details
Orbit Masterbatches Private Limited's registered office is in Vadodara, Gujarat. Its website is orbitmasterbatches.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressPlot No. 47 GIDC Manjusar Village Manjusar Taluka Savli, Vadodara, Gujarat, India – 391775
- IndustryMachinery and Equipment, Industrial Machinery Manufacturing
To see the full contact details of Orbit Masterbatches 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 Orbit Masterbatches 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 Orbit Masterbatches Private Limited, buy the company report.
Financials of Orbit Masterbatches Private Limited
FY 2022 filings availableOrbit Masterbatches Private Limited reported revenue of ₹16.61 Lakh (up 403% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue rose 403% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 39%. 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 | ₹16.61 Lakh | ||||
| Other Income | |||||
| Total Revenue | |||||
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| Total Expenses | |||||
| EBITDA | -₹44.48 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹34.55 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -267.8% | ||||
| Net Profit Margin | -208% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of Orbit Masterbatches Private Limited, buy the company report.
Board of directors of Orbit Masterbatches Private Limited
Orbit Masterbatches has 4 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ileshkumar Patel | Director | 09 Aug 1991 | 35 Years 2 Months | Current |
| Induben Rajendrabhai Patel | Director | 09 Aug 1991 | 35 Years 2 Months | Current |
| Rajendrabhai Vaheribhai Patel | Director | 09 Aug 1991 | 35 Years 2 Months | Current |
| Vaibhavi Patel | Director | 27 Oct 2013 | 13 Years 0 Months | Current |
Auditor
Orbit Masterbatches Private Limited is audited by K.H. Bhatt & Co for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| K.H. Bhatt & Co | FY 2022 | 101336W |
Shareholding
The shareholding of Orbit Masterbatches Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Orbit Masterbatches Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 05 May 2018 | 100179491 | Hdfc Bank Limited | ₹2.3 Cr | Satisfied | |
| 23 Jul 2005 | 80064994 | Corporation Bank | ₹75 Lakh | Satisfied | |
| 23 Jul 2004 | 80064995 | Corporation Bank | ₹30 Lakh | Satisfied |
To see the full charge records of Orbit Masterbatches Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
No court or tribunal cases involving Orbit Masterbatches 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 Orbit Masterbatches Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Orbit Masterbatches has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AACCS9798N1ZE | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Orbit Masterbatches Private Limited, buy the company report.
Recent activity
Orbit Masterbatches Private Limited has 5 board changes on record since 1991: 4 appointments and 1 cessation. The latest: Vaibhavi Patel ceased to be Additional Director on 29 Sep 2014.
4 earlier events are in the company report.
Frequently asked questions
Orbit Masterbatches is an active private limited company based in Vadodara, Gujarat, India. The company works in industrial machinery manufacturing, within the machinery and equipment industry. It was incorporated on 09 August 1991 (35+ years old) and is registered under CIN U17119GJ1991PTC016098.
Orbit Masterbatches has 4 current directors:
- Ileshkumar Patel - Director
- Induben Rajendrabhai Patel - Director
- Rajendrabhai Vaheribhai Patel - Director
- Vaibhavi Patel - Director
The latest financial statements of Orbit Masterbatches 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.
The GSTIN of Orbit Masterbatches is 24AACCS9798N1ZE, registered in Gujarat.
The CIN (Corporate Identification Number) of Orbit Masterbatches is U17119GJ1991PTC016098. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Orbit Masterbatches was incorporated on 09 August 1991, making it 35+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Vaibhavi Patel ceased to be Additional Director on 29 Sep 2014. Vaibhavi Patel was appointed as Director on 27 Oct 2013. Ileshkumar Patel was appointed as Director on 09 Aug 1991. Orbit Masterbatches has 5 board changes on record in total.
Orbit Masterbatches can be reached through the website orbitmasterbatches.in. Its registered office is in Vadodara, Gujarat, India.
The registered office of Orbit Masterbatches is at Plot No. 47 GIDC Manjusar Village Manjusar Taluka Savli, Vadodara, Gujarat, India – 391775.
Orbit Masterbatches operates in the machinery and equipment industry, in the industrial machinery manufacturing segment.
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