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About Quality Foils (India) Limited
Data last updated:
Quality Foils (India) Limited is a public limited company based in Hisar, Haryana, India. It operates in the steel manufacturing and processing segment of the metals and mining sector. It was incorporated on 08 May 1990 and has been in existence for over 36 years.
The company is registered with the Registrar of Companies (ROC), Haryana, under CIN L27107HR1990PLC030929. Its GSTIN is 06AAACQ0304Q1ZI (Haryana). It is a listed company as per MCA records. Its shares are listed on NSE: QFIL.
The company has an authorised share capital of ₹4 Cr and a paid-up capital of ₹2.85 Cr. It is led by directors including Tejasvi Bhargava (Managing Director) and Kuldip Bhargava.
Its last annual general meeting (AGM) was held on 11 September 2026, and its latest financial statements are for the year ended 31 March 2026. The registered office is at 3 Industrial Development Colony Hisar, Haryana, India – 125005.
As per the latest standalone financials for FY 2025-26, the company reported a revenue of ₹184.01 Cr, a growth of 22% compared to the previous year. For the same year it recorded a net profit of ₹1.47 Cr (net margin 0.8%) and EBITDA of ₹8.58 Cr (EBITDA margin 4.7%). The net worth stands at ₹31.62 Cr (up 4.9% YoY). Total assets are valued at ₹99.21 Cr (up 9.1% YoY).
The company has about 151 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹86.49 Cr and satisfied charges of ₹67.25 Cr on record. Court records list 3 cases involving the company, including 1 filed by the company and 2 filed against it. The company has 1 deal on record (1 ipo); the latest was in March 2023.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website qualityfoils.com.
Company details
CIN history
Quality Foils (India) has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is L27107HR1990PLC030929, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L27107HR1990PLC030929 | Current |
| U27107HR1990PLC030929 | Previous |
| U27107HR1990PTC030929 | Previous |
Contact details
Quality Foils (India) Limited's registered office is in Haryana, Haryana. Its website is qualityfoils.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address3 Industrial Development Colony Hisar, Haryana, India – 125005
- IndustryMetals and Minerals, Steel Manufacturing & Processing
To see the full contact details of Quality Foils (India) 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
Financials of Quality Foils (India) Limited
FY 2025-26 filings availableQuality Foils (India) Limited reported revenue of ₹184.01 Cr (up 22% YoY) for FY 2025-26.
Financial Highlights
FY 2025-26 · StandaloneRevenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 184 | 151 | 155 | 186 | 180 | 124 | 151 |
| Revenue growth | +22.0% | -2.5% | -17.0% | +3.7% | +45.0% | -18.2% | - |
| EBITDA | 8.58 | 4.53 | 5.42 | 6.45 | 6.44 | 5.73 | 6.19 |
| EBITDA margin | +4.7% | +3.0% | +3.5% | +3.5% | +3.6% | +4.6% | +4.1% |
| Profit before tax | 2.05 | 2.44 | 1.71 | 3.81 | 2.22 | 1.31 | 1.32 |
| Net profit | 1.47 | (0.73) | 1.32 | 1.75 | 1.61 | 0.93 | 1.07 |
| Net profit margin | +0.8% | -0.5% | +0.9% | +0.9% | +0.9% | +0.8% | +0.7% |
| EPS (₹) | 5.15 | 4.97 | 4.68 | 11.17 | 115.63 | 68.47 | 77.05 |
| Balance sheet | |||||||
| Total assets | 99.21 | 90.91 | 65.45 | 72.04 | 70.65 | 62.11 | 60.96 |
| Net worth | 31.62 | 30.15 | 28.73 | 27.39 | 20.31 | 18.69 | 17.74 |
| Total debt | 65.67 | 58.74 | 34.70 | 42.68 | 48.08 | 41.28 | 41.14 |
| Cash & bank | 1.40 | 1.28 | 1.10 | 5.80 | 1.63 | 2.06 | 1.29 |
| Net working capital | 51.79 | 44.88 | 38.23 | 52.19 | 50.73 | 43.04 | 40.60 |
| Cash flow | |||||||
| Cash from operations | 2.22 | (1.92) | 14.93 | 8.96 | (1.77) | 3.94 | 6.18 |
| Cash from investing | (4.57) | (19.62) | (8.83) | (0.29) | (2.20) | 0.02 | (1.03) |
| Cash from financing | 2.47 | 21.72 | (10.81) | (4.51) | 3.54 | (3.19) | (5.36) |
Financial Statements
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 184 | 151 | 155 | 186 | 180 | 124 | 151 |
| Revenue growth | +22.0% | -2.5% | -17.0% | +3.7% | +45.0% | -18.2% | - |
| Other income | 0.76 | 1.95 | 0.69 | 2.53 | 0.52 | 0.38 | 0.64 |
| Total expenses | 175 | 146 | 149 | 180 | 173 | 118 | 145 |
| Employee cost | 6.80 | 6.62 | 5.50 | 5.64 | 5.52 | 4.91 | 5.42 |
| EBITDA | 8.58 | 4.53 | 5.42 | 6.45 | 6.44 | 5.73 | 6.19 |
| EBITDA margin | +4.7% | +3.0% | +3.5% | +3.5% | +3.6% | +4.6% | +4.1% |
| Depreciation | 2.83 | 1.73 | 1.57 | 1.53 | 1.48 | 1.47 | 1.48 |
| Interest | 4.46 | 2.31 | 2.83 | 3.64 | 3.26 | 3.33 | 4.03 |
| Profit before tax | 2.05 | 2.44 | 1.71 | 3.81 | 2.22 | 1.31 | 1.32 |
| Tax | 0.58 | 1.02 | 0.39 | 0.64 | 0.60 | 0.36 | 0.24 |
| Net profit | 1.47 | (0.73) | 1.32 | 1.75 | 1.61 | 0.93 | 1.07 |
| Net profit margin | +0.8% | -0.5% | +0.9% | +0.9% | +0.9% | +0.8% | +0.7% |
| EPS (₹) | 5.15 | 4.97 | 4.68 | 11.17 | 115.63 | 68.47 | 77.05 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 2.85 | 2.85 | 2.85 | 2.85 | 1.40 | 1.40 | 1.40 |
| Reserves & surplus | 28.77 | 27.30 | 25.88 | 24.54 | 18.91 | 17.29 | 16.34 |
| Shareholders' funds (net worth) | 31.62 | 30.15 | 28.73 | 27.39 | 20.31 | 18.69 | 17.74 |
| Secured loans | 49.61 | 47.87 | 31.07 | 38.46 | 42.71 | 36.41 | 37.05 |
| Unsecured loans | 16.06 | 10.87 | 3.63 | 4.22 | 5.37 | 4.87 | 4.09 |
| Total debt | 65.67 | 58.74 | 34.70 | 42.68 | 48.08 | 41.28 | 41.14 |
| Total liabilities | 99.21 | 90.91 | 65.45 | 72.04 | 70.65 | 62.11 | 60.96 |
| Assets | |||||||
| Gross block | 72.77 | 67.41 | 41.23 | 37.73 | 36.75 | 34.56 | 34.13 |
| Net block | 49.24 | 46.71 | 22.12 | 20.19 | 20.32 | 19.46 | 20.38 |
| Capital work in progress | 0.00 | 0.82 | 2.48 | 0.00 | 0.00 | 0.00 | 0.32 |
| Investments | 0.40 | 0.40 | 0.40 | 0.40 | 0.68 | 0.68 | 0.68 |
| Inventories | 24.31 | 20.88 | 14.67 | 16.99 | 19.22 | 13.03 | 15.14 |
| Sundry debtors | 28.26 | 24.55 | 24.07 | 30.15 | 33.57 | 27.86 | 25.54 |
| Cash & bank balances | 1.40 | 1.28 | 1.10 | 5.80 | 1.63 | 2.06 | 1.29 |
| Loans & advances | 1.73 | 2.97 | 0.55 | 1.48 | 2.35 | 1.70 | 2.15 |
| Total current assets | 55.70 | 49.68 | 40.39 | 54.42 | 56.77 | 44.65 | 44.12 |
| Total current liabilities | 3.91 | 4.80 | 2.16 | 2.23 | 6.04 | 1.61 | 3.52 |
| Net working capital | 51.79 | 44.88 | 38.23 | 52.19 | 50.73 | 43.04 | 40.60 |
| Total assets | 99.21 | 90.91 | 65.45 | 72.04 | 70.65 | 62.11 | 60.96 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 1.28 | 1.10 | 5.80 | 1.63 | 2.06 | 1.29 | 1.50 |
| Net cash from operating activities | 2.22 | (1.92) | 14.93 | 8.96 | (1.77) | 3.94 | 6.18 |
| Net cash from investing activities | (4.57) | (19.62) | (8.83) | (0.29) | (2.20) | 0.02 | (1.03) |
| Net cash from financing activities | 2.47 | 21.72 | (10.81) | (4.51) | 3.54 | (3.19) | (5.36) |
| Net change in cash | 0.12 | 0.18 | (4.71) | 4.17 | (0.43) | 0.77 | (0.21) |
| Closing cash | 1.40 | 1.28 | 1.10 | 5.80 | 1.63 | 2.06 | 1.29 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | +22.0% | -2.5% | -17.0% | +3.7% | +45.0% | -18.2% | - |
| EBITDA growth | +89.4% | -16.4% | -16.0% | +0.2% | +12.4% | -7.4% | - |
| PBT growth | -16.0% | +42.7% | -55.1% | +71.6% | +69.5% | -0.8% | +10.0% |
| Net income growth | +301.4% | -155.3% | -24.6% | +8.7% | +73.1% | -13.1% | - |
| Revenue CAGR (3Y) | -0.4% | -5.7% | +7.7% | +7.2% | +5.4% | - | - |
| EBITDA CAGR (3Y) | +10.0% | -11.1% | -1.8% | +1.4% | +8.6% | - | - |
| Profitability & leverage | |||||||
| Net income margin | +0.8% | +0.9% | +0.9% | +1.7% | +0.9% | +0.8% | +0.7% |
| Return on capital employed | +6.9% | +4.1% | +6.6% | +8.1% | +8.3% | +7.6% | +8.8% |
| Return on net worth | +4.8% | -2.5% | +4.8% | +7.4% | +8.3% | +5.3% | +6.4% |
| Debt / equity | 2.01 | 1.59 | 1.38 | 1.90 | 2.29 | 2.26 | 2.48 |
| Long-term debt / equity | 0.60 | 0.51 | 0.43 | 0.51 | 0.59 | 0.69 | 0.96 |
| Interest cover | 77.57 | 82.50 | 73.51 | 73.98 | 65.73 | 78.17 | 85.56 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 2.63 | 2.78 | 3.92 | 5.00 | 5.04 | 3.61 | 4.49 |
| Inventory turnover | 8.14 | 8.49 | 9.77 | 10.29 | 11.15 | 8.80 | 9.98 |
| Debtors turnover | 6.97 | 6.21 | 5.71 | 5.85 | 5.85 | 4.64 | 5.37 |
| EPS (₹) | 5.15 | 4.97 | 4.68 | 11.17 | 115.63 | 68.47 | 77.05 |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 110.80 | 105.64 | 100.67 | 95.99 | 1,450.91 | 1,335.28 | 1,266.81 |
To see the full year-wise statements and ratios of Quality Foils (India) Limited, buy the company report.
Board of directors of Quality Foils (India) Limited
Quality Foils (India) has 6 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Tejasvi Bhargava | Managing Director | 01 Aug 2015 | 11 Years 3 Months | Current |
| Kuldip Bhargava | Director | 15 Nov 2022 | 3 Years 11 Months | Current |
| Sumant Bhatnagar | Director | 19 Dec 2022 | 3 Years 10 Months | Current |
| Uma Also directs: R.D. Serenitea Private Limited | Director | 19 Dec 2022 | 3 Years 10 Months | Current |
| Rajinder Kedia Also directs: Ram Industrial Development LLP | Director | 19 Dec 2022 | 3 Years 10 Months | Current |
| Mohan Lal Also directs: Quality Stainless Private Limited | Director | 12 Sep 2023 | 3 Years 1 Months | Current |
Auditor
Quality Foils (India) Limited is audited by V S JAIN & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| V S JAIN & ASSOCIATES | FY 2023 | 003533N |
Shareholding
Shareholding for the quarter ended Sep 2026: promoters hold 59.60%, foreign institutional investors hold 0.00%, domestic institutional investors hold 0.00% and retail and other public shareholders hold 40.40%.
| Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | |
|---|---|---|---|---|
| Promoters | 59.60% | 59.60% | 58.50% | 58.50% |
| Public | 40.40% | 40.40% | 41.50% | 41.50% |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 02 Jul 2026 | 101335069 | Others | ₹2.11 Cr | Open | |
| 30 Jun 2026 | 101337891 | Others | ₹59.83 Lakh | Open | |
| 22 Jun 2026 | 101315206 | Others | ₹4 Cr | Open | |
| 18 Jun 2026 | 101332697 | Axis Bank Limited | ₹3.72 Cr | Open | |
| 18 Jul 2025 | 101128535 | Others | ₹31 Lakh | Open |
To see the full charge records of Quality Foils (India) Limited, buy the company report.
Total charge records: 22 View all charges
Deals & funding
Quality Foils (India) Limited has 1 deal on record (1 ipo); the latest was in March 2023.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2023 | IPO | ₹4.52 Cr | Investors: Public Market Investors |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Quality Foils (India) Limited has 3 court cases on record: 1 filed by Quality Foils (India), 2 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 0 |
| High courts | 1 | 1 | 0 |
| Supreme Court | 1 | 1 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Hisar, Haryana | Court case (N ACT) | Filed by the company against Shri Parmanand Steel Industries Pvt. Ltd. | Disposed |
| High Court, CHANDIGARH (UT) | Court case (CRR) | Filed against the company by an individual | Disposed |
| Supreme Court | Court case (9999-Other) | Filed against the company by an individual | Disposed |
To see the full case history of Quality Foils (India) Limited, 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.
Credit ratings & regulatory alerts
Quality Foils (India) Limited was last rated by Icra on 29 Jan 2019.
| Rating agency | Rated on | Rating |
|---|---|---|
| Icra | 29 Jan 2019 |
To see the full credit ratings and regulatory alerts of Quality Foils (India) Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Quality Foils (India) Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Quality Foils (India) Limited has a workforce of 151 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
GST
Quality Foils (India) has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 06AAACQ0304Q1ZI | Haryana | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Quality Foils (India) Limited, buy the company report.
Recent activity
Quality Foils (India) Limited has 8 board changes on record since 2004: 7 appointments and 1 cessation. The latest: Mohan Lal was appointed as Director on 12 Sep 2023.
45 earlier events are in the company report.
Frequently asked questions
Quality Foils (India) is an active public limited company based in Hisar, Haryana, India. The company works in steel manufacturing and processing, within the metals and minerals industry. It was incorporated on 08 May 1990 (36+ years old) and is registered under CIN L27107HR1990PLC030929. Listed on NSE: QFIL.
Quality Foils (India) reported revenue of ₹184.01 Cr for FY 2025-26 (up 22% YoY) based on standalone financials.
Quality Foils (India) has 6 current directors:
- Tejasvi Bhargava - Managing Director
- Kuldip Bhargava - Director
- Sumant Bhatnagar - Director
- Uma - Director
- Rajinder Kedia - Director
- Mohan Lal - Director
The latest financial statements of Quality Foils (India) on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 11 September 2026. Year-wise statements from 2015 are in the company report.
The GSTIN of Quality Foils (India) is 06AAACQ0304Q1ZI, registered in Haryana.
The CIN (Corporate Identification Number) of Quality Foils (India) is L27107HR1990PLC030929. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. Quality Foils (India) is a listed company as per MCA records. Its shares are listed on NSE (symbol: QFIL).
Quality Foils (India) has 3 court cases on record: 1 filed by the company and 2 filed against it. Most are in the district courts.
Quality Foils (India) was incorporated on 08 May 1990, making it 36+ years old. It is registered with the Registrar of Companies, Haryana.
Quality Foils (India) has 1 deal on record (1 ipo); the latest was in March 2023.
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