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AFG COMBUSTION PRIVATE LIMITED
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Updated: 25 Sep 2025
This company is a manufacturer and supplier of flare system & other products
Afg Combustion Private Limited, is an unlisted private company incorporated on 07 April, 1984. It is classified as a private limited company and is located in , Gujarat. It's authorized share capital is INR 10.00 cr and the total paid-up capital is INR 8.53 cr.
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Industry and products
Manufacturing (Chemicals and chemical products)
- Flare systems, Demountable Flares, Turnkey solutions within India, and Spares and accessories
Company size
₹ 10.0 Cr
₹ 8.5 Cr
₹ 150-200 cr
Auth Capital
Paidup Capital
Revenue
Key Metrics
** All rupee values in INR crores. Based on March 2024 numbers.
Total Revenue
34.98%
34.98%
EBITDA
85.62%
85.62%
Net Profit
79.53%
79.53%
Networth
13.5%
13.5%
Borrowings
24.14%
24.14%
Assets
18.26%
18.26%
Gross Margin
-0.12
-0.12
Operating Margin
2.55
2.55
Net Profit Margin
1.08
1.08
Return on Equity
4.38
4.38
ROCE
9.02
9.02
Debt to Equity
0.08
0.08
Sales
Mar 2024
Net worth
Mar 2024
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Locations
India
(7)
| State | Type | Address |
|---|
Locations on Map
Filter (4)
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People
| Designation | Name | DIN/PAN | Tenure |
|---|---|---|---|
| Whole-time Director | Mitesh Mahendra Sanghavi
Shareholder
|
00011261 | 12 years |
| Whole-time Director | Damji Champsey Chheda | 00014267 | 30 years |
| Director | Nigel Andrade | 06793006 | 12 years |
| Director | Gautam Hasmukh Sheth
Shareholder
|
00011068 | 30 years |
Financial Highlights
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|
| Sales | GET PRO | GET PRO | GET PRO | GET PRO | GET PRO |
| Operating profit | GET PRO | GET PRO | GET PRO | GET PRO | GET PRO |
| Net profit | GET PRO | GET PRO | GET PRO | GET PRO | GET PRO |
| Gross margin | GET PRO | GET PRO | GET PRO | GET PRO | GET PRO |
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| Networth | |||||
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| ROE | GET PRO | GET PRO | GET PRO | GET PRO | GET PRO |
| Days payable | GET PRO | GET PRO | GET PRO | GET PRO | GET PRO |
| WC days | GET PRO | GET PRO | GET PRO | GET PRO | GET PRO |
Margins
Gross margin
Operating margin
Net margin
Balance Sheet
Standalone
Consolidated
₹
%
Financials upto March 2024 available in Tofler Pro
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|
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| Total assets | GET PRO | GET PRO | GET PRO | GET PRO | GET PRO |
Total assets
Charges on assets
Bank wise
Charges
1
Canara Bank
No. of Loans: 2
Total Amount : 265.0 cr
2
Axis Bank Limited
No. of Loans: 1
Total Amount : 0.3 cr
Charges
Canara Bank
Axis Bank Limited
Company Network
Companies connected through Directors
| Name | Status | Paid up Capital | Common Directors | Address |
|---|---|---|---|---|
| H S EQUIPMENT PVT LTD |
Active
|
8.7 L | 3 | Gujarat |
| CFE-HS TECHNOLOGY PRIVATE LIMITED |
Active
|
10.0 L | 2 | Maharashtra |
| GAMUT TECHNOLOGIES PRIVATE LIMITED. |
Active
|
19.9 L | 1 | Maharashtra |
| GAMUT PROPERTIES PVT LTD |
Active
|
4.5 L | 2 | Maharashtra |
| DUMAS BEACH ENCLAVE PRIVATE LIMITED |
Active
|
21.8 L | 1 | Maharashtra |
| DIA-MA ENGINEERING & INFRASTRUCTURE LLP |
Strike Off
|
50,000.0 | 2 | Maharashtra |
| G SHETH REALTORS LLP |
Active
|
1.0 L | 2 | Maharashtra |
| HCS REALTORS LLP |
Active
|
1.0 L | 1 | Maharashtra |
| KOERTING ENGINEERING PRIVATE LIMITED |
Active
|
30.0 L | 2 | Maharashtra |
| TLT ENGINEERING INDIA PVT LTD |
Active
|
9.5 Cr | 4 | Gujarat |
| HI-TECH ENGINEERING PVT LTD |
Active
|
15.0 L | 2 | Gujarat |
| HORIZON POLYMER ENGINEERING PRIVATE LIMITED |
Active
|
1.9 Cr | 3 | Gujarat |
| ANDRADE HOLDINGS PRIVATE LIMITED |
Active
|
57.2 L | 1 | Maharashtra |
Subsidiary Companies
| Name | State / Country | Incorporation Year | Paidup Capital |
|---|---|---|---|
| AFG Combustion International Pte Ltd | Singapore | - | - |
Tofler Score
Poor
Fair
Good
Very Good
Excellent
Risk
Severe Risk
- No risks identified
Moderate Risk
- No risks identified
Low Risk
- No risks identified
About Tofler Score
Tofler Score measures the quality of performance and integrity of a company. It is
dependent on three key factors - Sustainability, Governance, and Growth.
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Registered Details
CIN
U24110GJ1984PTC006875PAN
AACCA2737MIncorporation
1984, 41.5 yearsCompany Email
corphq@hs.co.inPaid up Capital
₹ 8.5 CrAuthorised Capital
₹ 10.0 CrAGM
Sep 2024Type
Private
Others
FAQ - AFG COMBUSTION PRIVATE LIMITED
What is the incorporation date of AFG COMBUSTION PRIVATE LIMITED?
The incorporation date of AFG COMBUSTION PRIVATE LIMITED is 07 April, 1984
What is the authorized share capital of AFG COMBUSTION PRIVATE LIMITED?
The authorized share capital of AFG COMBUSTION PRIVATE LIMITED is INR ₹ 10.0 Cr.
What is the paid-up capital of AFG COMBUSTION PRIVATE LIMITED?
The paid-up capital of AFG COMBUSTION PRIVATE LIMITED is INR ₹ 8.5 Cr.
What is the registered address of AFG COMBUSTION PRIVATE LIMITED?
The registered address of AFG COMBUSTION PRIVATE LIMITED is SURVEY NO 788 OPP TORRENTLABORATORIES LTD KALOL MEHSANA HIGHWAY INDRAD, DIST-MEHSANA, Gujarat, India, 383341 - 383341
What is the CIN number of AFG COMBUSTION PRIVATE LIMITED?
The CIN number of AFG COMBUSTION PRIVATE LIMITED is U24110GJ1984PTC006875.
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