India's Most Valuable Companies 2021 edition · Source: Hurun India
Rank#472- Valuation
- ₹6,200 Cr
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About Farida
Farida is an Industrial Goods & Manufacturing company based in Chennai (India) founded in 1957. It serves as a contract manufacturer specializing in high-quality clothing production. It operates on a B2B model. The company has 437 employees. Its focus areas include Manufacturing, Textiles, Apparel and Contract Manufacturing. Similar companies include Gokaldas Exports, Eastman Exports and Shahi; 2 of its 3 listed similar companies have raised funding.
Company details
Farida operates with a B2B model, focusing on producing manufactured goods, textiles, apparel, and contract manufacturing. Serves as a contract manufacturer specializing in high-quality clothing production. It emphasizes efficiency, client-focused solutions, and growth, fostering partnerships and innovation in its operations.
Recognitions & Rankings of Farida
- Headquarters Chennai, India
- Employees 437
- SectorsIndustrial Goods & Manufacturing
- Website farida.co.in
Operational Areas
Key Metrics
- Annual Revenue$70.54 M (USD)as on Mar 31, 2023
- Employee Count437
Associated legal entities of Farida
Farida is associated with 10 registered companies on The Company Check. Each company page carries the filings, financials, charges and directors of that entity.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Kenmore Shoes Private Limited CIN U19201KA2001PTC029147 | Active | 19 Jun 2001 | Bangalore, Karnataka, India | View details | |||
| Farida Holdings Private Limited CIN U65993TN1985PTC011781 | Active | 19 Apr 1985 | Chennai, Tamil Nadu | ₹1,489 Cr | 3 | 5 | View details |
| Aston Shoes Private Limited CIN U19201TN2004PTC053703 | Active | 12 Jul 2004 | Vaniyambadi, Tamil Nadu | ₹298 Cr | 4,521 | 3 | View details |
| Farida Prime Tannery Private Limited CIN U19201TN2005PTC055925 | Active | 11 Apr 2005 | Chennai, Tamil Nadu | ₹105 Cr | 43 | 2 | View details |
| India Shoes Exports Private Limited CIN U19201TN1998PTC040339 | Active | 17 Apr 1998 | Chennai, Tamil Nadu | ₹351 Cr | 2,939 | 2 | View details |
| Farida Shoes Private Limited CIN U19119TN1976PTC007207 | Active | 24 Sep 1976 | Chennai, Tamil Nadu | ₹434 Cr | 3,553 | 2 | View details |
| Arcot Soles Private Limited CIN U19112TN2005PTC055152 | Active | 13 Jan 2005 | Chennai, Tamil Nadu, India | View details | |||
| Delta Shoes Private Limited CIN U18209TN1987PTC014919 | Active | 29 Sep 1987 | Vaniyambadi, Tamil Nadu, India | View details | |||
| Farida Classic Shoes Private Limited CIN U18209TN1981PTC008805 | Active | 09 Jun 1981 | Chennai, Tamil Nadu, India | View details | |||
| Kenmore Shoes Private Limited CIN U19201TN2001PTC189137 | Active | 19 Jun 2001 | Bangalore, Karnataka | ₹95.8 Cr | 320 | 3 | View details |
Board of directors of Farida
The boards of the 6 registered companies of Farida currently have 5 directors; the longest-serving is Mecca Ashfaque Ahmed, appointed in 2001. 21 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Mecca Ashfaque Ahmed DIN 00013807 | Director | 19 Jun 2001 | 25 yrs 4 mo | Kenmore Shoes Private Limited, India Shoes Exports Private Limited, Farida Holdings Private Limited, Farida Prime Tannery Private Limited |
| Mecca Irshad Ahmed DIN 00013774 | Director | 19 Jun 2001 | 25 yrs 4 mo | Kenmore Shoes Private Limited, Farida Holdings Private Limited |
| Israr Ahmed DIN 00013799 | Director | 19 Aug 2021 | 5 yrs 2 mo | Farida Shoes Private Limited, India Shoes Exports Private Limited, Aston Shoes Private Limited, Farida Holdings Private Limited, Farida Prime Tannery Private Limited |
| Mecca Rafeeque Ahmed DIN 00013749 | Director | 03 Apr 2024 | 2 yrs 6 mo | Kenmore Shoes Private Limited, Aston Shoes Private Limited, Farida Holdings Private Limited |
| Mecca Ahmed Iqbal DIN 00013788 | Additional Director | 27 May 2026 | 5 mo | Farida Shoes Private Limited, Aston Shoes Private Limited, Farida Holdings Private Limited |
Financials of Farida
Figures of Kenmore Shoes Private Limited, the primary company behind Farida, for FY 2024. Revenue was ₹95.82 Cr (+6% year on year). Net profit was ₹50.4 Lakh (1% margin). EBITDA was ₹2.00 Cr (2% margin). Revenue has grown at a compounded annual rate of +14% over three years and 0% over five years.
- ₹95.82 CrRevenue · FY 2024 · +6% YoY
- ₹50.4 LakhNet profit · 1% margin
- ₹2.00 CrEBITDA · 2% margin
- ₹1.60 CrPaid-up capital
- 320Employees (provident fund records)
- +14%Revenue CAGR, 3 years
- 0%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Kenmore Shoes Private Limited are on its company page.
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Detailed financial statements for Farida
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Similar companies to Farida
Farida has 3 listed similar companies in our database, 2 of them funded. They include Gokaldas Exports, Eastman Exports and Shahi.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| gokaldasexports.com | 1979 | Bengaluru, India | 7,111 | Apparel and clothing are manufactured and exported on contract. | ||
| eastmanexports.com | 2003 | Tiruppur, India | $57.97M | 4,956 | Apparel products are manufactured under contract in India. | |
| shahi.co.in | 1974 | Faridabad, India | $18.61M | 27,538 | Garments are contract-manufactured by Shahi in apparel production. |
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Detailed similar companies of Farida
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Web traffic of Farida
The website of Farida (farida.co.in) receives about 7.2K visits a month.
- Monthly visits7.2K
▲ 348.9% vs previous month
Top companies in Textile & Yarn Production
3 companies that operate in the same segment as Farida (Textile & Yarn Production) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Bicycle manufacturing, sales, and accessory services in India. | 1956 | Gurugram, Haryana, India | USD 246.88 M | 2,472 | ||
Fabrics, synthetic yarns, viscose, chemicals, and linen products are manufactured. | 1947 | Ujjain, Madhya Pradesh, India | USD 18.65 B | 47,020 | ||
Home textile products are manufactured, retailed, and distributed globally. | 1985 | Bengaluru, Karnataka, India | USD 253.24 M | 8,060 |
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Related news about Farida
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Frequently Asked Questions about Farida
Farida was founded in 1957.
Farida is headquartered in Chennai, India. It is registered at Chennai, Tamil Nadu, India.
Farida has 437 employees.
Annual revenue of Farida is $70.54M as on Mar 31, 2023.
Farida operates with a B2B model, focusing on producing manufactured goods, textiles, apparel, and contract manufacturing. Serves as a contract manufacturer specializing in high-quality clothing production. It emphasizes efficiency, client-focused solutions, and growth, fostering partnerships and innovation in its operations.
Farida's top competitors include Gokaldas Exports, Shahi and Eastman Exports.
Farida is associated with 6 legal entities: Kenmore Shoes Private Limited, Farida Shoes Private Limited, India Shoes Exports Private Limited and others.
The legal entities of Farida currently have 5 directors, including Mecca Ashfaque Ahmed, Mecca Irshad Ahmed, Mecca Rafeeque Ahmed and others.