Faith Automation Systems & Tooling Private Limited

Provides automation and tooling solutions for automotive weld lines, material handling, and conveyor belts.

2013 | Kurli, Maharashtra (India) | Active
Last Updated: June 14, 2024

Faith Automation Systems & Tooling Profile

Key Indicators

  • Authorised Capital ₹ 2.70 Cr
  • Paid Up Capital ₹ 2.67 Cr
  • Company Age 11 Year, 9 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 76.56 Cr
  • Satisfied Charges ₹ 17.72 Cr
  • Revenue Growth 13.27%
  • Profit Growth 28.38%
  • Ebitda 27.20%
  • Net Worth 39.69%
  • Total Assets 43.64%

About Faith Automation Systems & Tooling

Faith Automation Systems & Tooling Private Limited (FASTPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 21 May 2013 and has a history of 11 years and nine months. Its registered office is in Kurli, Maharashtra, India.

The Company is engaged in the Automotive Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 2.70 Cr and a paid-up capital of Rs 2.67 Cr.

The company currently has active open charges totaling ₹76.56 Cr. The company has closed loans amounting to ₹17.72 Cr, as per Ministry of Corporate Affairs (MCA) records.

Sachin Khadke, Amit Shete, Rahul Kolhe, and Four other members serve as directors at the Company.

Company Details

  • Location

    Kurli, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    faithautomation.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U28112PN2013PTC147505

  • Company No.

    147505

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    21 May 2013

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Pune

Industry

Automotive

What products or services does Faith Automation Systems & Tooling Private Limited offer?

Faith Automation Systems & Tooling Private Limited offers a wide range of products and services, including Welding Machine Parts, Biw Fixtures, Welding Equipments & Machinery, Financial Service, Financial Planning.

Who are the key members and board of directors at Faith Automation Systems & Tooling?

Executive Team (1)

NameDesignationAppointment DateStatus
Nilesh Pandhare Country flag representing In Managing Director21-May-2013Current

Board Members (6)

NameDesignationAppointment DateStatus
Sachin Khadke Country flag representing In Whole-Time Director 08-May-2014Current
Rahul Kolhe Country flag representing In Whole-Time Director 08-May-2014Current
Kedar Joshi Country flag representing In Whole-Time Director 21-May-2013Current
Amit Shete Country flag representing In Whole-Time Director 08-May-2014Current
Rajshekhar Sattigeri Country flag representing In Whole-Time Director 21-May-2013Current
Ramdas Gopale Country flag representing In Whole-Time Director 21-May-2013Current

Financial Performance of Faith Automation Systems & Tooling.

Faith Automation Systems & Tooling Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 13.27% increase. The company also saw a substantial improvement in profitability, with a 28.38% increase in profit. The company's net worth Soared by an impressive increase of 39.69%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
13.27%
Revenue from Operations
13.13%
Total Assets
43.64%
Profit or Loss
28.38%
Net Worth
39.69%
EBITDA
27.20%

What is the Ownership and Shareholding Structure of Faith Automation Systems & Tooling?

In 2022, Faith Automation Systems & Tooling had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹76.56 Cr

Satisfied Charges

₹17.72 Cr

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 73.53 Cr
  • Others : 3.03 Cr

Latest Charge Details

DateLenderAmountStatus
15 Dec 2023Others₹1.26 CrOpen
30 May 2022Others₹7.00 MOpen
30 May 2022Others₹7.00 MOpen
23 Jan 2021Axis Bank Limited₹6.50 MOpen
09 Nov 2020Axis Bank Limited₹9.22 CrOpen

How Many Employees Work at Faith Automation Systems & Tooling?

Faith Automation Systems & Tooling has a workforce of 360 employees as of Apr 10, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Faith Automation Systems & Tooling, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Faith Automation Systems & Tooling's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Faith Automation Systems & Tooling

Recent activity within the organization

  • Charges

    A charge with Axis Bank Limited of Rs. 63.66 Cr registered on 17 May 2017 with Charge ID 100104878 was modified on 25 Jan 2024.

    25 Jan 2024

  • Charges

    A charge with Others amounted to Rs. 1.26 Cr with Charge ID 100843102 was registered on 15 Dec 2023.

    15 Dec 2023

  • Annual General Meeting

    Faith Automation Systems & Tooling Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Faith Automation Systems & Tooling Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Pune.

    31 Mar 2023

  • Charges

    A charge with Others amounted to Rs. 0.70 Cr with Charge ID 100587047 was registered on 30 May 2022.

    30 May 2022

  • Charges

    A charge with Others amounted to Rs. 0.70 Cr with Charge ID 100587054 was registered on 30 May 2022.

    30 May 2022

Frequently asked questions

  • Faith Automation Systems & Tooling Private Limited was incorporated on 21 May 2013.

  • The authorized share capital of Faith Automation Systems & Tooling Private Limited is ₹ 2.70 Cr and paid-up capital is ₹ 2.67 Cr.

  • Currently 7 directors are associated with Faith Automation Systems & Tooling Private Limited.

    • Sachin Arjun Khadke
    • Amit Dattatraya Shete
    • Rahul Vilas Kolhe
    • Nilesh Ashok Pandhare
    • Rajshekhar Shankar Sattigeri
    • Kedar Dinanath Joshi
    • Ramdas Manik Gopale
  • As per Ministry of Corporate Affairs (Mca), the registered address of Faith Automation Systems & Tooling Private Limited is Gat 613/1 Behind Spicer India Ltd. Kurli Village Taluka - Khed, Maharashtra, 410501.

  • The corporate identification number (CIN) of Faith Automation Systems & Tooling Private Limited is U28112PN2013PTC147505 and the company number is 147505 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Faith Automation Systems & Tooling Private Limited is https://www.faithautomation.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Faith Automation Systems & Tooling Private Limited has risen by 13.27%.

  • As Per 2023 financial reports, 360 employees are currently employed by Faith Automation Systems & Tooling Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Faith Automation Systems & Tooling Private Limited has experienced an upsurge of 39.69%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Faith Automation Systems & Tooling Private Limited amount to ₹ 76.56 Cr.

  • The most recent Balance Sheet for Faith Automation Systems & Tooling Private Limited was filed with the ROC on 31 Mar 2023.

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