About SFS Business Solutions Private Limited
Data last updated:
SFS Business Solutions Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Dilip Holdings Private Limited. It operates in the express logistics segment of the transport and logistics sector. It was incorporated on 19 October 1990 and has been in existence for over 36 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U65929MH1990PTC058616. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹99 Lakh. It was formerly known as Skypak Financial Securities Private Limited. It is led by directors including Dilip Mahabal Kulkarni and Devika Dilip Kulkarni.
Its last annual general meeting (AGM) was held on 30 September 2016, and its latest financial statements are for the year ended 31 March 2016. The registered office is at Gala No. 10 Gr Ravi Industrial Premises Chs Ltd. Off Mahakali Caves Road Andheri ( East), Mumbai, Maharashtra, India – 400093.
As per the financials filed for FY 2016, the company reported a revenue of ₹2.66 Cr, a decline of 73% compared to the previous year. For the same year it recorded a net loss of ₹2.61 Cr (net margin -98%) and EBITDA of -₹2.34 Cr (EBITDA margin -88.2%).
As per MCA filings, the company has open charges of ₹1.34 Cr on record. Court records list 12 cases involving the company, including 6 filed by the company and 6 filed against it; 1 case is pending.
The current compliance status is marked as active non-compliant by the Registrar of Companies. For more details, the company can be reached via its website skyfin.com.
Company details
Contact details
SFS Business Solutions Private Limited's registered office is in Mumbai, Maharashtra. Its website is skyfin.com. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressGala No. 10 Gr Ravi Industrial Premises Chs Ltd. Off Mahakali Caves Road Andheri ( East), Mumbai, Maharashtra, India – 400093
- IndustryTransport and Logistics, Express Logistics
To see the full contact details of SFS Business Solutions 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 SFS Business Solutions is support service to organizations. In detail, this covers other support services to organizations.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Support service to Organizations | N7 | Other support services to organizations |
To see the full business activity and turnover split of SFS Business Solutions Private Limited, buy the company report.
Financials of SFS Business Solutions Private Limited
FY 2016 filings availableSFS Business Solutions Private Limited reported revenue of ₹2.66 Cr (down 73% YoY) for FY 2016.
Compounded Annual Growth Rate (CAGR)
Revenue fell 73% in the latest year. EBITDA fell 5% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ||
| Other Income | ||
| Total Revenue | ₹2.66 Cr | |
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | -₹2.34 Cr | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | -₹2.61 Cr | |
| 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 2015-16 | FY 2014-15 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | -88.2% | |
| Net Profit Margin | -98% | |
| 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 SFS Business Solutions Private Limited, buy the company report.
Board of directors of SFS Business Solutions Private Limited
SFS Business Solutions has 3 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Dilip Mahabal Kulkarni | Additional Director | 17 Nov 2014 | 11 Years 11 Months | Current |
| Devika Dilip Kulkarni Also directs: Skypak Services Specialists Limited, Skypack Travels Private Limited, Dilip Holdings Private Limited and 2 more | Additional Director | 17 Nov 2014 | 11 Years 11 Months | Current |
| Ravi Khushal Shahare | Additional Director | 01 Apr 2008 | 18 Years 6 Months | Current |
Auditor
SFS Business Solutions Private Limited is audited by MATHRUDEVVASUDEVAN for the financial year 2016.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MATHRUDEVVASUDEVAN | FY 2016 | 047621 |
Shareholding
The shareholding of SFS Business Solutions Private Limited is on record for 2 financial years, the latest being FY 2016, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2016 | FY 2015 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of SFS Business Solutions Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 31 Mar 2010 | 10213903 | Samata Sahakari Bank Limited | ₹45 Lakh | Open | |
| 26 Sep 2008 | 10313389 | Samata Sahakari Bank Limited | ₹75 Lakh | Open | |
| 03 Dec 2007 | 10082731 | Icici Bank Limited | ₹4.01 Lakh | Open | |
| 25 Jan 2007 | 10100013 | Icici Bank Limited | ₹7.25 Lakh | Open | |
| 08 Mar 1991 | 90239601 | The Sarsawat Co-Op Bank Ltd. | ₹2.9 Lakh | Open |
Total charge records: 5 View all charges
Legal cases
SFS Business Solutions Private Limited has 12 court cases on record: 6 filed by SFS Business Solutions, 6 filed against it. 1 case is pending and 11 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 9 | 5 | 0 |
| High courts | 3 | 1 | 1 |
Cases on record (5 of 12)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, GUJARAT | Court case (SCR.A) | Filed by the company against Airan Consultants Pvt Ltd and 2 others | Pending |
| Bombay High Court | Company petition | Filed by the company against M/S Videocon Telecommunications Ltd. Cin No. U72900mh2007plc204763 | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summons Private cases SS) | Filed against the company by Airan Consultants Pvt Ltd | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summons warrent Cases SW) | Filed by the company against Ms Airan Consultants Pvt Ltd- Sandeep Agarawal and 5 others | Disposed |
| Bombay High Court | Court case (OTS) | Filed against the company by Reliance Capital Asset Management Limited | Disposed |
To see the full case history of SFS Business Solutions Private 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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for SFS Business Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
SFS Business Solutions Private Limited has 1 active EPFO establishment as of Apr 07, 2024.
GST
SFS Business Solutions 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 SFS Business Solutions Private Limited, buy the company report.
Recent activity
SFS Business Solutions Private Limited has 9 board changes on record since 2008: 3 appointments and 6 cessations. The latest: Mallika Rohan Timblo ceased to be Director on 02 Dec 2014.
5 earlier events are in the company report.
Frequently asked questions
SFS Business Solutions is an active private limited company based in Mumbai, Maharashtra, India. The company works in express logistics, within the transport and logistics industry. It was incorporated on 19 October 1990 (36+ years old) and is registered under CIN U65929MH1990PTC058616.
SFS Business Solutions has 3 current directors:
- Dilip Mahabal Kulkarni - Additional Director
- Devika Dilip Kulkarni - Additional Director
- Ravi Khushal Shahare - Additional Director
The latest financial statements of SFS Business Solutions on record with the MCA are for the year ended 31 March 2016. Its last annual general meeting was held on 30 September 2016. Year-wise statements from 2015 are in the company report.
No. SFS Business Solutions has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of SFS Business Solutions is U65929MH1990PTC058616. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
SFS Business Solutions has 12 court cases on record: 6 filed by the company and 6 filed against it. 1 is pending. Most are in the district courts.
SFS Business Solutions was incorporated on 19 October 1990, making it 36+ years old. It is registered with the Registrar of Companies, Mumbai.
Mallika Rohan Timblo ceased to be Director on 02 Dec 2014. Rohan Satish Timblo ceased to be Director on 18 Nov 2014. Devika Dilip Kulkarni was appointed as Additional Director on 17 Nov 2014. SFS Business Solutions has 9 board changes on record in total.
SFS Business Solutions can be reached through the website skyfin.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of SFS Business Solutions is at Gala No. 10 Gr Ravi Industrial Premises Chs Ltd. Off Mahakali Caves Road Andheri East, Mumbai, Maharashtra, India – 400093.
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.
