Friends E Vehicles Private Limited
About Friends E Vehicles Private Limited
Data last updated:
Friends E Vehicles Private Limited is a private limited company based in Delhi, India. It operates in the electrical and bio fuel vehicles segment of the automotive sector. It was incorporated on 18 May 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U34100DL2015PTC280359. Its GSTIN is 07AACCF6003D1Z8 (Delhi). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Inder Jeet Mehta and Harnam Singh.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at F – 24/73 Sector – 7 Rohini, Delhi, India – 110085.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.24 Cr, a decline of 31% compared to the previous year. For the same year it recorded a net profit of ₹70,014 (net margin 0.6%) and EBITDA of ₹1.48 Lakh (EBITDA margin 1.2%). Revenue has grown at a compounded annual rate (CAGR) of 184% over three years and 1% over five years.
Court records list 3 cases involving the company, including 3 filed by the company.
The current compliance status is marked as compliant by the Registrar of Companies.
- EmailLocked
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- WebsiteLocked
- Social MediaLocked
- Registered AddressF – 24/73 Sector – 7 Rohini, Delhi, India – 110085
- IndustryAutomotive, Electrical and Bio Fuel Vehicles
- 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
Business Activity of Friends E Vehicles Private Limited
The main business activity of Friends E Vehicles is manufacturing. In detail, this covers motor vehicles, trailers, semi trailers and other transport vehicles.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C11 | Motor vehicles, trailers, semi trailers and other Transport Vehicles | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Friends E Vehicles Private Limited FY 2025 filings available
Friends E Vehicles Private Limited reported revenue of ₹1.24 Cr (down 31% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Friends E Vehicles Private Limited
Revenue fell 31% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 1%. EBITDA rose 209% 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 of Friends E Vehicles Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | ₹1.48 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹70,014 | •••• | •••• | •••• | •••• |
| 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 Friends E Vehicles Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 1.2% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 0.6% | •••• | •••• | •••• | •••• |
| 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 Friends E Vehicles are in the company report.
Financial statements from FY 2016
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.
Peer Comparison of Friends E Vehicles Private Limited
Friends E Vehicles Private Limited is compared with the companies closest to it by revenue in the Automobiles industry (Electric and Bio Fuel Vehicles). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Ecodynaamic Electric Vehicles Private Limited | ₹1.28 Cr (FY 2021) | •••• | •••• | 2.0% | •••• | Coimbatore, Tamil Nadu, India |
| Cellestial E-Mobility Private Limited | ₹1.27 Cr (FY 2023) | •••• | •••• | 1927.0% | •••• | Chennai, Tamil Nadu, India |
| Krishika EV India Private Limited | ₹1.26 Cr (FY 2024) | •••• | •••• | •••• | Ghaziabad, Uttar Pradesh, India | |
| Evnexus Private Limited | ₹1.25 Cr (FY 2024) | •••• | •••• | 31.0% | •••• | Chennai, Tamil Nadu, India |
| Matex EV Private Limited | ₹1.25 Cr (FY 2025) | •••• | •••• | 45.0% | •••• | Bhilwara, Rajasthan, India |
| Friends E Vehicles Private Limited this company | ₹1.24 Cr (FY 2025) | •••• | •••• | -31.0% | •••• | Delhi, India |
| Eflighht India Private Limited | ₹1.23 Cr (FY 2025) | •••• | •••• | 6.0% | •••• | Agra, Uttar Pradesh, India |
| Jidosha Private Limited | ₹1.23 Cr (FY 2025) | •••• | •••• | 11.0% | •••• | New Delhi, Delhi, India |
| JBM EV Technologies Private Limited | ₹1.22 Cr (FY 2025) | •••• | •••• | 95.0% | •••• | New Delhi, Delhi, India |
| Powertrans Mobility Limited | ₹1.21 Cr (FY 2024) | •••• | •••• | 541.0% | •••• | Ramapuram, Tamil Nadu, India |
| Iboard India Limited | ₹1.2 Cr (FY 2025) | •••• | •••• | -54.0% | •••• | Faridabad, Haryana, India |
Peers are the five companies nearest above and the five nearest below Friends E Vehicles by revenue in the Automobiles industry (Electric and Bio Fuel Vehicles), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Friends E Vehicles Private Limited
Friends E Vehicles Private Limited is audited by RAJESH RANI & CO for the financial year 2021.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| RAJESH RANI & CO | 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.
Board of Directors of Friends E Vehicles Private Limited
Friends E Vehicles has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Inder Jeet Mehta | Director | 18 May 2015 | 11 Years 4 Months | Current |
| Harnam Singh | Director | 18 May 2015 | 11 Years 4 Months | Current |
| Mohinder Kaur | Director | 18 May 2015 | 11 Years 4 Months | Current |
Ownership and Shareholding of Friends E Vehicles 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 Friends E Vehicles Private Limited
Friends E Vehicles Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Legal Cases of Friends E Vehicles Private Limited
Friends E Vehicles Private Limited has 3 court cases on record: 3 filed by Friends E Vehicles. All cases are disposed. Status as checked between 01 Oct 2026 and 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 0 | 0 |
Cases on record (2 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Central, Delhi | Interim or miscellaneous application | Filed by the company against Saksham Trading Company | Disposed |
| District court, Central, Delhi | Commercial suit | Filed by the company against Saksham Trading Company | Disposed |
Full case history
All 3 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Employees and EPFO Compliance at Friends E Vehicles Private Limited
Employment history and EPFO contributions of people linked to Friends E Vehicles.
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 Friends E Vehicles Private Limited
Friends E Vehicles Private Limited has 3 board changes on record since 2015: 3 appointments. The latest: Harnam Singh was appointed as Director on 18 May 2015.
Credit Ratings, Litigation & Regulatory Alerts for Friends E Vehicles 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 Friends E Vehicles 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 Friends E Vehicles 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 Friends E Vehicles Private Limited
Friends E Vehicles has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AACCF6003D1Z8 | Delhi | Active | 08 Mar 2020 |
| 06AACCF6003D1ZA | Haryana | Active | 01 Jul 2017 |
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 Friends E Vehicles 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.
Frequently Asked Questions about Friends E Vehicles Private Limited
Friends E Vehicles is an active private limited company based in Delhi, India. The company works in electrical and bio fuel vehicles, within the automotive industry. It was incorporated on 18 May 2015 (11+ years old) and is registered under CIN U34100DL2015PTC280359.
Friends E Vehicles reported revenue of ₹1.24 Cr for FY 2025 (down 31% YoY).
Friends E Vehicles has 3 current directors:
- Inder Jeet Mehta - Director
- Harnam Singh - Director
- Mohinder Kaur - Director
Friends E Vehicles reported a net profit of ₹70,014 (net margin 0.6%) and EBITDA of ₹1.48 Lakh (EBITDA margin 1.2%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Friends E Vehicles is 184% over three years and 1% over five years. In the latest year (FY 2025) revenue fell 31%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Friends E Vehicles is 07AACCF6003D1Z8, registered in Delhi. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 06AACCF6003D1ZA (Haryana).
The CIN (Corporate Identification Number) of Friends E Vehicles is U34100DL2015PTC280359. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Friends E Vehicles has 3 court cases on record: 3 filed by the company.
Friends E Vehicles was incorporated on 18 May 2015, making it 11+ years old. It is registered with the Registrar of Companies, Delhi.
The peers of Friends E Vehicles by revenue are Ecodynaamic Electric Vehicles Private Limited, Cellestial E-Mobility Private Limited, Krishika EV India Private Limited, Evnexus Private Limited, Matex EV Private Limited and 5 more, all in the Automobiles industry (Electric and Bio Fuel Vehicles).
Harnam Singh was appointed as Director on 18 May 2015. Inder Jeet Mehta was appointed as Director on 18 May 2015. Mohinder Kaur was appointed as Director on 18 May 2015.