Shilpi Associates Private Limited
About Shilpi Associates Private Limited
Data last updated:
Shilpi Associates Private Limited was a private limited company based in Mumbai, Maharashtra, India. The company has been converted to a Limited Liability Partnership (LLP) and no longer exists as a company. For the latest details, refer to the successor LLP. It operated in the process machinery and industrial equipment segment of the machinery and industrial equipment sector. It was incorporated on 03 November 1995.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U31500MH1995PTC094185.
The company had an authorised share capital of ₹5 Lakh and a paid-up capital of ₹3.96 Lakh. It was led by directors Shalini Chandra and Anurag Chandra.
Its last annual general meeting (AGM) was held on 16 August 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office was at 3 Chateau Marinemarine Drive, Mumbai, Maharashtra, India – 400020.
As per the financials filed for FY 2022, the company reported a revenue of ₹4.23 Lakh, a decline of 4% compared to the previous year. For the same year it recorded a net loss of ₹2.29 Lakh (net margin -54.1%) and EBITDA of ₹1.81 Lakh (EBITDA margin 42.8%). Revenue has declined at a compounded annual rate (CAGR) of 19% over three years.
As per MCA filings, the company has satisfied charges of ₹1.22 Cr on record.
Company details
Contact details
Shilpi Associates Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address3 Chateau Marinemarine Drive, Mumbai, Maharashtra, India – 400020
- IndustryMachinery and Equipment, Process Machinery & Industrial Equipment
To see the full contact details of Shilpi Associates 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 Shilpi Associates is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment |
Financials of Shilpi Associates Private Limited
FY 2022 filings availableShilpi Associates Private Limited reported revenue of ₹4.23 Lakh (down 4% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 19% over three years, including a 4% fall in the latest year. EBITDA rose 321% 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 | ₹4.23 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹1.81 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹2.29 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 | |||||
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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 | 42.8% | ||||
| Net Profit Margin | -54.1% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
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| 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 Shilpi Associates Private Limited, buy the company report.
Board of directors of Shilpi Associates Private Limited
Shilpi Associates has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shalini Chandra | Director | 03 Jan 1998 | 28 Years 10 Months | As last reported |
| Anurag Chandra | Director | 03 Nov 1995 | 31 Years 0 Months | As last reported |
Auditor
Shilpi Associates Private Limited is audited by Kamal Kishore & Co. for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Kamal Kishore & Co. | FY 2022 | 007424C |
Shareholding
The shareholding of Shilpi Associates 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 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Shilpi Associates Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 06 Jul 2017 | 100115520 | State Bank of India | ₹1.1 Cr | Satisfied | |
| 03 Oct 1996 | 90150411 | Union Bank of India | ₹12.4 Lakh | Satisfied |
To see the full charge records of Shilpi Associates Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
No court or tribunal cases involving Shilpi Associates 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 Shilpi Associates Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Shilpi Associates Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Shilpi Associates Private Limited has 3 board changes on record since 1995: 2 appointments and 1 cessation. The latest: Rai Dinesh Chandra ceased to be Director on 21 Sep 2018.
Frequently asked questions
Shilpi Associates has been "Converted to LLP" - the business changed its legal structure from a company to a Limited Liability Partnership. The original company no longer exists in its previous form. For the latest information, refer to the successor LLP entity registered with MCA.
Shilpi Associates was a private limited company based in Mumbai, Maharashtra, India. The company worked in process machinery and industrial equipment, within the machinery and equipment industry. It was incorporated on 03 November 1995 and is registered under CIN U31500MH1995PTC094185. For the latest details, refer to the successor LLP entity.
The CIN (Corporate Identification Number) of Shilpi Associates is U31500MH1995PTC094185. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Shilpi Associates had 2 directors:
- Shalini Chandra - Director
- Anurag Chandra - Director
Shilpi Associates was incorporated on 03 November 1995. It is registered with the Registrar of Companies, Mumbai.
The registered office of Shilpi Associates is at 3 Chateau Marinemarine Drive, Mumbai, Maharashtra, India – 400020.
The latest financial statements of Shilpi Associates on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 16 August 2022. Year-wise statements from 2015 are in the company report.
Shilpi Associates operated in the machinery and equipment industry, in the process machinery and industrial equipment segment.
Rai Dinesh Chandra ceased to be Director on 21 Sep 2018. Shalini Chandra was appointed as Director on 03 Jan 1998. Anurag Chandra was appointed as Director on 03 Nov 1995.
Shilpi Associates has no open charges and satisfied charges of ₹1.22 Cr as per latest MCA filings.
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