About Torchfi India Private Limited
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Torchfi India Private Limited was a private limited company based in Mumbai, Maharashtra, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the computer and IT-related services segment of the technology and IT services sector. It was incorporated on 21 September 2018.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U72900MH2018PTC314584.
The company had an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors Sushil Kumar Patodia and Vinay Sushil Patodia.
Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office was at B/701 Shubham Gaurav Garden Bunder Pakhadi Road Kandivali (West), Mumbai, Maharashtra, India – 400067.
As per the financials filed for FY 2020, the company reported a revenue of ₹10.57 Lakh, a decline of 27% compared to the previous year. For the same year it recorded a net loss of ₹22,973 (net margin -2.2%) and EBITDA of -₹17,219 (EBITDA margin -1.6%).
The company was associated with 1 brand: Torchfi.
The last known website on record is torchfi.com.
Company details
Contact details
Torchfi India Private Limited's registered office is in Mumbai, Maharashtra. Its website is torchfi.com. Its e-mail address is in the company report.
- Email
- Website
- Social Media
- Registered AddressB/701 Shubham Gaurav Garden Bunder Pakhadi Road Kandivali (West), Mumbai, Maharashtra, India – 400067
- IndustryInformation Technology, Other Computer Related Activities
To see the full contact details of Torchfi India 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
Brands
Torchfi India operates one associated brand: Torchfi. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Beacon-based marketing and customer engagement solutions are delivered. | torchfi.com |
Financials of Torchfi India Private Limited
FY 2021 filings availableTorchfi India Private Limited reported revenue of ₹10.57 Lakh (down 27% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue fell 27% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2019-20 | FY 2018-19 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ₹10.57 Lakh | |
| Other Income | ||
| Total Revenue | ||
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | -₹17,219 | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | -₹22,973 | |
| 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 2019-20 | FY 2018-19 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | -1.6% | |
| Net Profit Margin | -2.2% | |
| Return on Equity (ROE) | ||
| Return on Capital Employed (ROCE) | ||
| Return on Assets (ROA) | ||
| Liquidity and Debt | ||
| Current Ratio | ||
| Quick Ratio | ||
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| 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 Torchfi India Private Limited, buy the company report.
Board of directors of Torchfi India Private Limited
Torchfi India has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sushil Kumar Patodia Also directs: Budh Solutions Private Limited | Director | 21 Sep 2018 | 8 Years 1 Months | As last reported |
| Vinay Sushil Patodia Also directs: Budh Solutions Private Limited | Director | 21 Sep 2018 | 8 Years 1 Months | As last reported |
Legal cases
No court or tribunal cases involving Torchfi India 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 Torchfi India 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 Torchfi India Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Torchfi India Private Limited has 2 board changes on record since 2018: 2 appointments. The latest: Sushil Kumar Patodia was appointed as Director on 21 Sep 2018.
Frequently asked questions
Torchfi India has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Torchfi India was a private limited company based in Mumbai, Maharashtra, India. The company worked in other computer related activities, within the information technology industry. It was incorporated on 21 September 2018 and is registered under CIN U72900MH2018PTC314584. The company has been struck off by the Registrar of Companies and is no longer operational.
Torchfi India had 2 directors:
- Sushil Kumar Patodia - Director
- Vinay Sushil Patodia - Director
The CIN (Corporate Identification Number) of Torchfi India is U72900MH2018PTC314584. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Torchfi India is at B701 Shubham Gaurav Garden Bunder Pakhadi Road Kandivali West, Mumbai, Maharashtra, India – 400067.
Torchfi India was incorporated on 21 September 2018. It is registered with the Registrar of Companies, Mumbai.
Torchfi India can be reached through the website torchfi.com. Its registered office is in Mumbai, Maharashtra, India.
The latest financial statements of Torchfi India on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 30 November 2021. Year-wise statements from FY 2019 are in the company report.
Torchfi India operated in the information technology industry, in the other computer related activities segment. It worked in this industry before it was struck off.
Sushil Kumar Patodia was appointed as Director on 21 Sep 2018. Vinay Sushil Patodia was appointed as Director on 21 Sep 2018.