About Sofine Decors Pvt Ltd
Data last updated:
Sofine Decors Pvt Ltd is a private limited company based in Alappuzha, Kerala, India. It operates in the home furnishings manufacturing segment of the consumer goods sector. It was incorporated on 20 October 1992 and has been in existence for over 34 years.
The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN U74994KL1992PTC006759. Its GSTIN is 32AAECS8746E1ZC (Kerala). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹41 Lakh and a paid-up capital of ₹40.25 Lakh. It is led by directors including Scaria Kollekattu Joseph (Managing Director) and John Varkey.
Its last annual general meeting (AGM) was held on 29 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office is at 270/XII C S P Industrialestate Mayithara Cherthala, Alappuzha, Kerala, India – 688539.
As per the financials filed for FY 2018, the company reported a revenue of ₹2.01 Cr, a decline of 14% compared to the previous year. For the same year it recorded a net profit of ₹24,305 (net margin 0.1%) and EBITDA of ₹14.22 Lakh (EBITDA margin 7.1%). Revenue has declined at a compounded annual rate (CAGR) of 11% over three years.
The company has about 43 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹45 Lakh and satisfied charges of ₹1.13 Cr on record. Court records list 18 cases involving the company, including 8 filed by the company and 10 filed against it; 2 cases are 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 sofinedecors.com.
Company details
Contact details
Sofine Decors Pvt Ltd's registered office is in Alappuzha, Kerala. Its website is sofinedecors.com. Its e-mail address is in the company report.
- Email
- Website
- Social Media
- Registered Address270/XII C S P Industrialestate Mayithara Cherthala, Alappuzha, Kerala, India – 688539
- IndustryConsumer Goods, Home Furnishings Manufacturing
To see the full contact details of Sofine Decors Pvt Ltd, 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 Sofine Decors is manufacturing. In detail, this covers wood and wood products, furniture, paper and paper products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C3 | Wood and wood products, furniture, paper and paper products |
To see the full business activity and turnover split of Sofine Decors Pvt Ltd, buy the company report.
Financials of Sofine Decors Pvt Ltd
FY 2018 filings availableSofine Decors Pvt Ltd reported revenue of ₹2.01 Cr (down 14% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 11% over three years, including a 14% fall in the latest year. EBITDA rose 4% 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ||||
| Other Income | ||||
| Total Revenue | ₹2.01 Cr | |||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | ₹14.22 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | ₹24,305 | |||
| 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 7.1% | |||
| Net Profit Margin | 0.1% | |||
| 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 Sofine Decors Pvt Ltd, buy the company report.
Board of directors of Sofine Decors Pvt Ltd
Sofine Decors has 7 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| John Varkey | Director | 20 Oct 1992 | 34 Years 0 Months | Current |
| Joy Varghese Also directs: Cherthala Coir Cluster Private Limited | Director | 15 Jul 2008 | 18 Years 3 Months | Current |
| Scaria Kollekattu Joseph Also directs: Dewbliss India Private Limited | Managing Director | 20 Oct 1992 | 34 Years 0 Months | Current |
| Soni Thudiyanathara Augustine | Director | 21 Feb 2019 | 7 Years 8 Months | Current |
| Ajith Mathew Also directs: X Power Corporation Private Limited, Orion India Realtors Private Limited, Oystercity Medical Tourism Private Limited and 5 more | Director | 21 Feb 2019 | 7 Years 8 Months | Current |
| Athish Mathew | Director | 30 Sep 2003 | 23 Years 0 Months | Current |
Auditor
Sofine Decors Pvt Ltd is audited by SANKAR & MOORTHY for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SANKAR & MOORTHY | FY 2018 | 003575S |
Shareholding
The shareholding of Sofine Decors Pvt Ltd is on record for 3 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Sofine Decors Pvt Ltd, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 17 Feb 2020 | 100328541 | The South Indian Bank Limited | ₹45 Lakh | Open | |
| 29 May 2012 | 10361456 | Indian Overseas Bank | ₹7 Lakh | Satisfied | |
| 22 Oct 2010 | 10250670 | Indian Overseas Bank | ₹63.5 Lakh | Satisfied | |
| 02 Mar 2009 | 10148597 | Tamilnad Mercantile Bank Limited | ₹27 Lakh | Satisfied | |
| 16 Feb 1997 | 80053032 | Kerala Financial Corporation | ₹5 Lakh | Satisfied |
To see the full charge records of Sofine Decors Pvt Ltd, buy the company report.
Total charge records: 6 View all charges
Legal cases
Sofine Decors Pvt Ltd has 18 court cases on record: 8 filed by Sofine Decors, 10 filed against it. 2 cases are pending and 16 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 8 | 0 | 1 |
| District courts | 5 | 5 | 1 |
| NCLT | 5 | 5 | 0 |
Cases on record (5 of 18)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Kerala | Writ petition | Filed by the company against Kerala Small Industries Development Corporation Limited | Pending |
| District court, Alappuzha, Kerala | Civil suit | Filed against the company by Chennai Reclamations Pvt.Ltd | Disposed |
| District court, Alappuzha, Kerala | Civil suit | Filed against the company by Eoc Polymers India Pvt. Ltd. | Disposed |
| District court, Alappuzha, Kerala | Execution petition | Filed against the company by an individual | Pending |
| NCLT, Kochi | Company petition | Filed against the company by an individual | Disposed |
To see the full case history of Sofine Decors Pvt Ltd, 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 Sofine Decors Pvt Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Sofine Decors Pvt Ltd has a workforce of 43 employees on its EPFO records as of Apr 04, 2024, across 1 active EPFO establishment.
GST
Sofine Decors has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 32AAECS8746E1ZC | Kerala | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Sofine Decors Pvt Ltd, buy the company report.
Recent activity
Sofine Decors Pvt Ltd has 8 board changes on record since 1992: 7 appointments and 1 cessation. The latest: Ajith Mathew was appointed as Director on 21 Feb 2019.
12 earlier events are in the company report.
Frequently asked questions
Sofine Decors is an active private limited company based in Alappuzha, Kerala, India. The company works in home furnishings manufacturing, within the consumer goods industry. It was incorporated on 20 October 1992 (34+ years old) and is registered under CIN U74994KL1992PTC006759.
Sofine Decors has 7 current directors:
- Scaria Kollekattu Joseph - Managing Director
- John Varkey - Director
- Joy Varghese - Director
- Soni Thudiyanathara Augustine - Director
- Ajith Mathew - Director
- Athish Mathew - Director
- Mary Joseph - Director
The latest financial statements of Sofine Decors on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 29 September 2018. Year-wise statements from 2015 are in the company report.
The GSTIN of Sofine Decors is 32AAECS8746E1ZC, registered in Kerala. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Sofine Decors is U74994KL1992PTC006759. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sofine Decors has 18 court cases on record: 8 filed by the company and 10 filed against it. 2 are pending. Most are in the high courts.
Sofine Decors was incorporated on 20 October 1992, making it 34+ years old. It is registered with the Registrar of Companies, Ernakulam.
Ajith Mathew was appointed as Director on 21 Feb 2019. Augustine Mathew ceased to be Director on 21 Feb 2019. Soni Thudiyanathara Augustine was appointed as Director on 21 Feb 2019. Sofine Decors has 8 board changes on record in total.
Sofine Decors can be reached through the website sofinedecors.com. Its registered office is in Alappuzha, Kerala, India.
The registered office of Sofine Decors is at 270XII C S P Industrialestate Mayithara Cherthala, Alappuzha, Kerala, India – 688539.