
Q-First Products Private Limited
About Q-First Products Private Limited
Data last updated:
Q-First Products Private Limited is a private limited company based in Vadodara, Gujarat, India. It operates in the diversified business activities segment of the business services sector. It was incorporated on 21 March 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U74999GJ2017PTC096411. Its GSTIN is 24AAACQ4645A1ZX (Gujarat).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Shilpaben Harshadkumar Joshi and Rameshchandra Mohanlal Joshi.
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 202 Sharyan Shreem Srushtii Sun Pharma Road, Vadodara, Gujarat, India – 390012.
As per the financials filed for FY 2022, the company reported a revenue of ₹15.05 Lakh, a decline of 93% compared to the previous year. For the same year it recorded a net profit of ₹5,743 (net margin 0.4%) and EBITDA of ₹73,356 (EBITDA margin 4.9%). Revenue has declined at a compounded annual rate (CAGR) of 55% over three years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Q-First Products Private Limited's registered office is in Vadodara, Gujarat. Its e-mail address is in the company report.
- Email
- Registered Address202 Sharyan Shreem Srushtii Sun Pharma Road, Vadodara, Gujarat, India – 390012
- IndustryBusiness Services, Miscellaneous Business Activities, Other Services
To see the full contact details of Q-First Products 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 Q-First Products is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Q-First Products Private Limited, buy the company report.
Financials of Q-First Products Private Limited
FY 2022 filings availableQ-First Products Private Limited reported revenue of ₹15.05 Lakh (down 93% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 55% over three years, including a 93% fall in the latest year. EBITDA fell 35% 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 | ₹73,356 | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹5,743 | ||||
| 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 | 4.9% | ||||
| Net Profit Margin | 0.4% | ||||
| 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 Q-First Products Private Limited, buy the company report.
Board of directors of Q-First Products Private Limited
Q-First Products has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shilpaben Harshadkumar Joshi | Director | 21 Mar 2017 | 9 Years 7 Months | Current |
| Rameshchandra Mohanlal Joshi | Director | 21 Mar 2017 | 9 Years 7 Months | Current |
Peer comparison
Q-First Products Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Unnati Udhyog Private Limited | ₹15.06 Lakh (FY 2024) | 385.0% | Delhi, India | |||
| Sargam Associates Pvt Ltd | ₹15.06 Lakh (FY 2025) | 232.0% | Assam, India | |||
| Prasm Pharma Private Limited | ₹15.06 Lakh (FY 2024) | 265.0% | Bhilai, Chhattisgarh, India | |||
| Kalysta Pharmaceuticals Private Limited | ₹15.06 Lakh (FY 2018) | Mumbai, Maharashtra, India | ||||
| Maabalasati Textile Private Limited | ₹15.06 Lakh (FY 2020) | Bhilwara, Rajasthan, India | ||||
| Q-First Products Private Limitedthis company | ₹15.05 Lakh (FY 2022) | ₹5,743 | 0.4% | -93.0% | Vadodara, Gujarat, India | |
| Amvi Engineering Private Limited | ₹15.05 Lakh (FY 2024) | -92.0% | Lucknow, Uttar Pradesh, India | |||
| Midas Chemicals Pvt Ltd | ₹15.05 Lakh (FY 2024) | -49.0% | Gwalior, Madhya Pradesh, India | |||
| Ksa Pharmaceutical Private Limited | ₹15.05 Lakh (FY 2025) | -13.0% | Madhubani, Bihar, India | |||
| Paxmove Pharmaceutical Private Limited | ₹15.05 Lakh (FY 2025) | 10.0% | Bareilly, Uttar Pradesh, India | |||
| Shivom Alloys Tradelink Private Limited | ₹15.05 Lakh (FY 2025) | -79.0% | Rajkot, Gujarat, India |
To see the full peer comparison of Q-First Products Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Q-First Products 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 Q-First Products Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Q-First Products has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAACQ4645A1ZX | Gujarat | Active | 11 Aug 2017 |
To see the full GST registrations and return filing status of Q-First Products Private Limited, buy the company report.
Recent activity
Q-First Products Private Limited has 2 board changes on record since 2017: 2 appointments. The latest: Rameshchandra Mohanlal Joshi was appointed as Director on 21 Mar 2017.
Frequently asked questions
Q-First Products is an active private limited company based in Vadodara, Gujarat, India. The company works in miscellaneous business activities, within the business services industry. It was incorporated on 21 March 2017 (9+ years old) and is registered under CIN U74999GJ2017PTC096411.
Q-First Products has 2 current directors:
- Shilpaben Harshadkumar Joshi - Director
- Rameshchandra Mohanlal Joshi - Director
The latest financial statements of Q-First Products 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 FY 2017 are in the company report.
The GSTIN of Q-First Products is 24AAACQ4645A1ZX, registered in Gujarat.
The CIN (Corporate Identification Number) of Q-First Products is U74999GJ2017PTC096411. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Q-First Products was incorporated on 21 March 2017, making it 9+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Q-First Products by revenue are Unnati Udhyog Private Limited, Sargam Associates Pvt Ltd, Prasm Pharma Private Limited, Kalysta Pharmaceuticals Private Limited, Maabalasati Textile Private Limited and 5 more, all in the same principal business activity (wholesale trading).
Rameshchandra Mohanlal Joshi was appointed as Director on 21 Mar 2017. Shilpaben Harshadkumar Joshi was appointed as Director on 21 Mar 2017.
The registered office of Q-First Products is at 202 Sharyan Shreem Srushtii Sun Pharma Road, Vadodara, Gujarat, India – 390012.
Q-First Products operates in the business services industry, in the miscellaneous business activities segment.
The compliance status of Q-First Products is compliant as of 22 August 2026. The company is actively filing with the Registrar of Companies.

