Udbala Enterprises Limited
About Udbala Enterprises Limited
Data last updated:
Udbala Enterprises Limited was a public limited company based in Chennai, Tamil Nadu, India. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the financial services and investment segment of the financial services sector. It was incorporated on 25 April 1994.
The company was registered with the Registrar of Companies (ROC), Chennai, under CIN U74110TN1994PLC027373.
The company had an authorised share capital of ₹2 Cr and a paid-up capital of ₹80 Lakh. It was formerly known as Foresight Securities Limited. It was led by directors including Arunachalam and Kuppuswamy Gopalakrishnan.
Its last annual general meeting (AGM) was held on 30 September 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office was at No.88 Mount Road Guindy, Chennai, Tamil Nadu, India – 600032.
As per the financials filed for FY 2021, the company reported a revenue of ₹71,309, a growth of 134% compared to the previous year. For the same year it recorded a net loss of ₹1,491 (net margin -2.1%) and EBITDA of -₹1,491 (EBITDA margin -2.1%). Revenue has declined at a compounded annual rate (CAGR) of 26% over three years and 28% over five years.
Court records list 2 cases involving the company, including 2 filed by the company.
Company details
CIN history
Udbala Enterprises has one previous CIN (Corporate Identification Number): U67120TN1994PLC027373. The current CIN is U74110TN1994PLC027373, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74110TN1994PLC027373 | Current |
| U67120TN1994PLC027373 | Previous |
Contact details
Udbala Enterprises Limited's registered office is in Chennai, Tamil Nadu. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressNo.88 Mount Road Guindy, Chennai, Tamil Nadu, India – 600032
- IndustryFinancial Services, Financial Activities
To see the full contact details of Udbala Enterprises 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 Udbala Enterprises Limited
FY 2021 filings availableUdbala Enterprises Limited reported revenue of ₹71,309 (up 134% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue rose 134% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 28%. EBITDA rose 80% 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 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹1,491 | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹1,491 | ||||
| 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 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -2.1% | ||||
| Net Profit Margin | -2.1% | ||||
| 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 Udbala Enterprises Limited, buy the company report.
Board of directors of Udbala Enterprises Limited
Udbala Enterprises has 3 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Arunachalam Also directs: Trinity Autopoints Limited | Director | 10 Jan 2020 | 6 Years 9 Months | As last reported |
| Kuppuswamy Gopalakrishnan Also directs: Mercantile Ventures Limited, Aqua-Vin Pipes Private Limited, Sidd Life Sciences Private Limited and 5 more | Director | 10 Jan 2020 | 6 Years 9 Months | As last reported |
| Mohan Kumar Also directs: Spic Group Companies Employees Welfare Foundation, Trinity Autopoints Limited, Ami Holdings Private Limited and 4 more | Director | 10 Jan 2020 | 6 Years 9 Months | As last reported |
Auditor
Udbala Enterprises Limited is audited by SRI & SRI ASSOCIATES for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SRI & SRI ASSOCIATES | FY 2017 | 003975S |
Shareholding
The shareholding of Udbala Enterprises Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Udbala Enterprises Limited, buy the company report.
Legal cases
Udbala Enterprises Limited has 2 court cases on record: 2 filed by Udbala Enterprises. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| NCLT | 2 | 0 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLT, Chennai | Court case (C.P.(CAA)) | Filed by the company | Disposed |
| NCLT, Chennai | Court case (C.A.(CAA)) | Filed by the company | Disposed |
To see the full case history of Udbala Enterprises 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 Udbala Enterprises 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 Udbala Enterprises Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Udbala Enterprises Limited has 12 board changes on record since 2007: 3 appointments and 9 cessations. The latest: Arunachalam ceased to be Additional Director on 31 Aug 2020.
3 earlier events are in the company report.
Frequently asked questions
Udbala Enterprises has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Udbala Enterprises was a public limited company based in Chennai, Tamil Nadu, India. The company worked in financial activities, within the financial services industry. It was incorporated on 25 April 1994 and is registered under CIN U74110TN1994PLC027373. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Udbala Enterprises was incorporated on 25 April 1994. It is registered with the Registrar of Companies, Chennai.
Udbala Enterprises had 3 directors:
- Arunachalam - Director
- Kuppuswamy Gopalakrishnan - Director
- Mohan Kumar - Director
The CIN (Corporate Identification Number) of Udbala Enterprises is U74110TN1994PLC027373. 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 Udbala Enterprises is at No.88 Mount Road Guindy, Chennai, Tamil Nadu, India – 600032.
The latest financial statements of Udbala Enterprises on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 30 September 2021. Year-wise statements from 2015 are in the company report.
Udbala Enterprises operated in the financial services industry, in the financial activities segment.
Udbala Enterprises has 2 court cases on record: 2 filed by the company.
Arunachalam ceased to be Additional Director on 31 Aug 2020. Kuppuswamy Gopalakrishnan ceased to be Additional Director on 31 Aug 2020. Mohan Kumar ceased to be Additional Director on 31 Aug 2020. Udbala Enterprises has 12 board changes on record in total.
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.
