Faraday Electricals Pvt Ltd

Manufacturer and supplier of electrical products for power transmission, serving major clients across India.

1980 | Jaipur, Rajasthan (India) | Active
Last Updated: November 16, 2024

Faraday Electricals Profile

Key Indicators

  • Authorised Capital ₹ 2.50 M
  • Paid Up Capital ₹ 1.63 M
  • Company Age 44 Year, 6 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 20.31 Cr
  • Satisfied Charges ₹ 27.10 Cr
  • Revenue Growth 65.93%
  • Profit Growth 16.23%
  • Ebitda 61.96%
  • Net Worth 4.75%
  • Total Assets -5.16%

About Faraday Electricals

Faraday Electricals Pvt Ltd (FEPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 19 August 1980 and has a history of 44 years and six months. Its registered office is in Jaipur, Rajasthan, India.

The Company is engaged in the Energy And Power Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 2.50 M and a paid-up capital of Rs 1.63 M.

The company currently has active open charges totaling ₹20.31 Cr. The company has closed loans amounting to ₹27.10 Cr, as per Ministry of Corporate Affairs (MCA) records.

Abhinav Saboo and Rajendra Singh serve as directors at the Company.

Company Details

  • Location

    Jaipur, Rajasthan, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U51395RJ1980PTC002072

  • Company No.

    002072

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    19 Aug 1980

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Jaipur

Industry

Energy and Power

What products or services does Faraday Electricals Pvt Ltd offer?

Faraday Electricals Pvt Ltd offers a wide range of products and services, including Electric Fittings & Components, Pole Line Hardware, Fuses, Circuit Breakers & Components, High Voltage Circuit Breakers.

Who are the key members and board of directors at Faraday Electricals?

Board Members (2)

NameDesignationAppointment DateStatus
Abhinav Saboo Country flag representing In Director 02-Nov-2005Current
Rajendra Singh Country flag representing In Director 11-Nov-2016Current

Financial Performance of Faraday Electricals.

Faraday Electricals Pvt Ltd, for the financial year ended 2023, experienced significant growth in revenue, with a 65.93% increase. The company also saw a substantial improvement in profitability, with a 16.23% increase in profit. The company's net worth moved up by a moderate rise of 4.75%.

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
65.93%
Revenue from Operations
65.78%
Total Assets
-5.16%
Profit or Loss
16.23%
Net Worth
4.75%
EBITDA
61.96%

What is the Ownership and Shareholding Structure of Faraday Electricals?

In 2023, Faraday Electricals had a promoter holding of 55.72% and a public holding of 44.28%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹203.10 M

Satisfied Charges

₹271.00 M

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 20.06 Cr
  • Others : 0.25 Cr

Latest Charge Details

DateLenderAmountStatus
31 Mar 2023Others₹2.50 MOpen
05 Apr 2016Hdfc Bank Limited₹20.06 CrOpen
14 Jul 2009State Bank Of Bikaner And Jaipur₹12.25 CrSatisfied
06 May 2009State Bank Of Bikaner And Jaipur₹2.85 CrSatisfied
15 Jan 2005State Bank Of Bikaner & Jaipur₹12.00 CrSatisfied

How Many Employees Work at Faraday Electricals?

Faraday Electricals has a workforce of 18 employees as of Apr 06, 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 Faraday Electricals, 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 Faraday Electricals'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 Faraday Electricals

Recent activity within the organization

  • Annual General Meeting

    Faraday Electricals Pvt Ltd last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Faraday Electricals Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Jaipur.

    31 Mar 2024

  • Charges

    A charge with Hdfc Bank Limited of Rs. 200.60 M registered on 05 Apr 2016 with Charge ID 100030258 was modified on 03 Jan 2024.

    03 Jan 2024

  • Charges

    A charge with Others amounted to Rs. 2.50 M with Charge ID 100699946 was registered on 31 Mar 2023.

    31 Mar 2023

  • Charges

    A charge registered on 14 Jul 2009 via Charge ID 10169393 with State Bank Of Bikaner And Jaipur was fully satisfied on 07 Mar 2017.

    07 Mar 2017

  • Charges

    A charge registered on 06 May 2009 via Charge ID 10159506 with State Bank Of Bikaner And Jaipur was fully satisfied on 07 Mar 2017.

    07 Mar 2017

Frequently asked questions

  • Faraday Electricals Pvt Ltd was incorporated on 19 Aug 1980.

  • The authorized share capital of Faraday Electricals Pvt Ltd is ₹ 2.50 M and paid-up capital is ₹ 1.63 M.

  • Currently 2 directors are associated with Faraday Electricals Pvt Ltd.

    • Abhinav Saboo
    • Rajendra Singh
  • As per Ministry of Corporate Affairs (Mca), the registered address of Faraday Electricals Pvt Ltd is H-1016 Road No.14, V.K.I Area India, Jaipur, Rajasthan, 302013.

  • The corporate identification number (CIN) of Faraday Electricals Pvt Ltd is U51395RJ1980PTC002072 and the company number is 002072 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Faraday Electricals Pvt Ltd has risen by 65.93%.

  • As Per 2023 financial reports, 18 employees are currently employed by Faraday Electricals Pvt Ltd.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Faraday Electricals Pvt Ltd has experienced an upsurge of 4.75%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Faraday Electricals Pvt Ltd amount to ₹ 20.31 Cr.

  • The most recent Balance Sheet for Faraday Electricals Pvt Ltd was filed with the ROC on 31 Mar 2024.

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