Faith Industries Limited - Company Profile

It is a chemicals and materials public limited company based in Ahmedabad, Gujarat, India, established in 1995.
1995 Ahmedabad, Gujarat, India Active
Last Updated:
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About Faith Industries Limited

Faith Industries Limited, a active public limited company, was established on 01 March 1995 in Ahmedabad, Gujarat, India. Engaging in specialty chemicals within the manufacturing sector, it holds CIN: U51909GJ1995PLC024823. Registered under ROC Roc Ahmedabad. it is unlisted. It has an authorized capital of ₹7.00 Cr and a paid-up capital of ₹4.63 Cr.

Formerly known as Faith Waxes And Additives Private Limited, Faith Industries Private Limited. It upholds a compliant status. Employing 12 professional, Its leadership includes Harshvardhan Vijaykumar Maheshwari (Director), Rajeev Kankariya (Whole-Time Director), Vinayak Gupta (Director). Past directors included Punvant Pukhraj Shah, Harshvardhan Vijaykumar Maheshwari, Vinaychand Premraj Kankariya. It holds ₹87.06 Cr open charges and ₹37.85 Cr settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at 701 Shapth 1S G Road, Ahmedabad, Gujarat, 380015.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
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  • Apps
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Company Details

  • CIN/LLPIN

    U51909GJ1995PLC024823

  • Registration Number

    024823

  • Incorporation Date

    01 March 1995

  • Authorized Capital

    ₹7.00 Cr

  • Paid-Up Capital

    ₹4.63 Cr

  • ROC Code

    Roc Ahmedabad

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 7.00 Cr
  • Paid Up Capital ₹ 4.63 Cr
  • Company Age 30 Year, 11 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 87.06 Cr
  • Satisfied Charges ₹ 37.85 Cr
  • Revenue Growth **** 5.15%
  • Profit Growth **** -4.51%
  • Ebitda **** 88.62%
  • Net Worth 16.20%
  • Total Assets **** 2.41%
Company report

Faith Industries Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Faith Industries Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Faith Industries Limited?
Current Directors
Name Designation Appointment Date Status
Harshvardhan Vijaykumar Maheshwari Director 10 Aug 2017 Current
Rajeev Kankariya Whole-Time Director 15 Feb 2024 Current
Vinayak Gupta Director 15 Feb 2024 Current
Virendra Vinaychand Kankariya Managing Director 16 Nov 2018 Current
Vinit Vinaychand Kankariya Whole-Time Director 16 Nov 2018 Current
Sangita Shingi Director 15 Feb 2024 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 16 Apr 2017 Past
Pramod Abcsdd Additional Director 09 Sep 2017 Past
Pramod Abcsdd Additional Director 21 Nov 2017 Past
Pramod Abcsdd Director 22 Nov 2013 Past
Pramod Abcsdd Director 15 Feb 2024 Past
Pramod Abcsdd Director 11 Sep 2017 Past

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Financial Performance of Faith Industries.

Faith Industries Limited, for the financial year ended 2024, experienced modest growth in revenue, with a 5.15% increase. The company also saw a slight decrease in profitability, with a 4.51% decrease in profit. The company's net worth Soared by an impressive increase of 16.2%.

Faith Industries revenue growth over time
Faith Industries profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • 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
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 5.15%
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Revenue from Operations
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 5.87%
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Total Assets
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 2.41%
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Profit or Loss
*******
 -4.51%
*******
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*******
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Net Worth
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 16.20%
*******
*******
*******
*******
EBITDA
*******
 88.62%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Faith Industries?

In 2024, Faith Industries 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 Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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Charges (Loans)
Open Charges

₹870,647,475.00

Satisfied Charges

₹378,466,000.00

Charges Breakdown by Lending Institutions
  • Axis Bank Limited : 64.25 Cr
  • Hdfc Bank Limited : 22.69 Cr
  • Others : 0.12 Cr
Latest Charge Details
Date Lender Amount Status
25 Mar 2022 Axis Bank Limited ₹43.02 Cr Open
05 Mar 2022 Axis Bank Limited ₹1.40 Cr Open
07 Oct 2021 Hdfc Bank Limited ₹22.69 Cr Open
16 Mar 2020 Others ₹1.16 M Open
12 Dec 2017 Axis Bank Limited ₹19.83 Cr Open

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How Many Employees Work at Faith Industries?

Faith Industries has a workforce of 12 employees as of Dec 30, 2025. 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.

Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Faith Industries, 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 Industries'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.

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Latest Updates, News, and FAQs on Faith Industries
Recent Activity within the Organization
  • Charges

    Progress on A charge with Hdfc Bank Limited of Rs. 22.69 Cr registered on 07 Oct 2021 with Charge ID 100495955 was modified on 21 Oct 2024. was documented.

  • Charges

    The activity A charge with Axis Bank Limited of Rs. 43.02 Cr registered on 25 Mar 2022 with Charge ID 100559746 was modified on 30 Sep 2024. was completed.

  • Annual General Meeting

    The activity Faith Industries Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was completed.

  • Charges

    The activity A charge with Axis Bank Limited of Rs. 19.83 Cr registered on 12 Dec 2017 with Charge ID 100152303 was modified on 25 Jul 2024. was completed.

  • Balance Sheet

    Progress on Faith Industries Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad. was documented.

  • Director Appointment

    The activity Rajeev Kankariya was appointed as a Whole-time director was appointed as a Whole-time director on 15 Feb 2024 & has been associated with this company since 2 years 10 days . was completed.

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Frequently Asked Questions
What is the CIN of Faith Industries Limited?

The CIN of Faith Industries Limited is U51909GJ1995PLC024823.

Where is Faith Industries Limited headquartered?

Faith Industries Limited is headquartered at 701 Shapth 1S G Road, Ahmedabad, Gujarat, 380015.

When was Faith Industries Limited incorporated?

Faith Industries Limited was incorporated on 01 March 1995.

Who are the current directors of Faith Industries Limited?

The current directors of Faith Industries Limited are

What is the primary industry of Faith Industries Limited?

The primary industry of Faith Industries Limited is Manufacturing.

Is Faith Industries Limited a listed company?

Faith Industries Limited is unlisted.

What is the capital structure of Faith Industries Limited?

The authorized capital of Faith Industries Limited is ₹7.00 Cr, and the paid-up capital is ₹4.63 Cr.

What is the compliance status of Faith Industries Limited?

The compliance status of Faith Industries Limited is Compliant.

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