About Faraday Energy Systems Private Limited
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Faraday Energy Systems Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the bop and btg services segment of the energy and power sector. It was incorporated on 03 February 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH2017PTC290169. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹30 Lakh and a paid-up capital of ₹26.02 Lakh. It is led by directors Akhil Prakash Panjwani (Managing Director) and Prakash Hiralal Panjwani.
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 312 Fida Building Sheikh Memon Street Zaveri Bazar, Mumbai, Maharashtra, India – 400002.
The company has 1 deal on record (1 funding round), with disclosed funding of ₹27.2 Lakh; the latest was in October 2017.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ionenergy.co.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered Address312 Fida Building Sheikh Memon Street Zaveri Bazar, Mumbai, Maharashtra, India – 400002
- IndustryEnergy and Power, BoP & BTG Services, Power EPC
- 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
- One PDF report, delivered after checkout
Financials of Faraday Energy Systems Private Limited FY 2025 filings available
Financial Statement Summary of Faraday Energy Systems Private Limited
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| 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 | •••• | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | •••• | •••• | •••• | •••• | •••• |
| 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 of Faraday Energy Systems Private Limited
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | •••• | •••• | •••• | •••• | •••• |
| Net Profit Margin | •••• | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Faraday Energy Systems are in the company report.
Financial statements from FY 2017
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Board of Directors of Faraday Energy Systems Private Limited
Faraday Energy Systems has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Akhil Prakash Panjwani Also directs: Sobeit Advisors LLP | Managing Director | 03 Feb 2017 | 9 Years 8 Months | Current |
| Prakash Hiralal Panjwani Also directs: Sobeit Advisors LLP | Director | 03 Feb 2017 | 9 Years 8 Months | Current |
Auditor Details of Faraday Energy Systems Private Limited
Faraday Energy Systems Private Limited is audited by R R SABOO & COMPANY for the financial year 2021.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| R R SABOO & COMPANY | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Faraday Energy Systems Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Faraday Energy Systems Private Limited
Faraday Energy Systems Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Deals & Funding of Faraday Energy Systems Private Limited
Faraday Energy Systems Private Limited has 1 deal on record (1 funding round), with disclosed funding of ₹27.2 Lakh; the latest was in October 2017.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Oct 2017 | Funding round · Seed | ₹27.2 Lakh | Investors: Fact Ventures, 2 individuals |
Full deal history
All 1 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Employees and EPFO Compliance at Faraday Energy Systems Private Limited
Employment history and EPFO contributions of people linked to Faraday Energy Systems.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Faraday Energy Systems Private Limited
Faraday Energy Systems Private Limited has 2 board changes on record since 2017: 2 appointments. The latest: Akhil Prakash Panjwani was appointed as Managing Director on 03 Feb 2017.
Credit Ratings, Litigation & Regulatory Alerts for Faraday Energy Systems Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Faraday Energy Systems Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Faraday Energy Systems Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Faraday Energy Systems Private Limited
Faraday Energy Systems has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Faraday Energy Systems Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Related news about Faraday Energy Systems Private Limited
Frequently Asked Questions about Faraday Energy Systems Private Limited
Faraday Energy Systems is an active private limited company based in Mumbai, Maharashtra, India. The company works in bop and btg services, within the energy and power industry. It was incorporated on 03 February 2017 (9+ years old) and is registered under CIN U74999MH2017PTC290169.
Faraday Energy Systems has 2 current directors:
- Akhil Prakash Panjwani - Managing Director
- Prakash Hiralal Panjwani - Director
No. Faraday Energy Systems has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Faraday Energy Systems is U74999MH2017PTC290169. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Faraday Energy Systems was incorporated on 03 February 2017, making it 9+ years old. It is registered with the Registrar of Companies, Mumbai.
Faraday Energy Systems has 1 deal on record (1 funding round), with disclosed funding of ₹27.2 Lakh; the latest was in October 2017.
Akhil Prakash Panjwani was appointed as Managing Director on 03 Feb 2017. Prakash Hiralal Panjwani was appointed as Director on 03 Feb 2017.
Faraday Energy Systems can be reached through the website ionenergy.co. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Faraday Energy Systems is at 312 Fida Building Sheikh Memon Street Zaveri Bazar, Mumbai, Maharashtra, India – 400002.
Faraday Energy Systems has an authorised share capital of ₹30 Lakh and a paid-up capital of ₹26.02 Lakh.