Faith Tech Labs Private Limited
About Faith Tech Labs Private Limited
Data last updated:
Faith Tech Labs Private Limited is a private limited company based in Thane, Maharashtra, India. It operates in the office and school supplies segment of the education sector. It was incorporated on 26 November 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U72100MH2013PTC250404. Its GSTIN is 27AAFCB7273E1ZN (Maharashtra).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Litmus India Private Limited and Litmus Asset Management Private Limited. It is led by directors Prithviraaj Mahesh Shetty and Roopa Mahesh Shetty.
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 Miraj Corporate Park Plot No. A – 223 3rd Floor Road No.: 16V Wagle Industrial Estate, Thane West, Maharashtra, India – 400604.
As per the financials filed for FY 2025, the company reported a revenue of ₹4.48 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹5.67 Lakh (net margin -1.3%) and EBITDA of -₹5.58 Lakh (EBITDA margin -1.2%). Revenue has grown at a compounded annual rate (CAGR) of 199% over three years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Name history
Faith Tech Labs has undergone 4 name changes throughout its history. The current legal name is Faith Tech Labs Private Limited.
| Company Name | Status |
|---|---|
| Faith Tech Labs Private Limited | Current |
| Litmus India Private Limited | Previous |
| Litmus Asset Management Private Limited | Previous |
| Litmus Global Private Limited | Previous |
| Beyond Horizons Enterprises Private Limited | Previous |
CIN history
Faith Tech Labs has one previous CIN (Corporate Identification Number): U74120MH2013PTC250404. The current CIN is U72100MH2013PTC250404, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U72100MH2013PTC250404 | Current |
| U74120MH2013PTC250404 | Previous |
Contact details
Faith Tech Labs Private Limited's registered office is in Thane, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressMiraj Corporate Park Plot No. A – 223 3rd Floor Road No.: 16V Wagle Industrial Estate, Thane West, Maharashtra, India – 400604
- IndustryEducation, Office & School Supplies
To see the full contact details of Faith Tech Labs Private Limited, buy the company report.
- 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
Business activity
The main business activity of Faith Tech Labs is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Faith Tech Labs Private Limited, buy the company report.
Financials of Faith Tech Labs Private Limited
FY 2025 filings availableFaith Tech Labs Private Limited reported revenue of ₹4.48 Cr (up 269% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 199% over three years, including 269% growth in the latest year. EBITDA fell 32% 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
| 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 | -₹5.58 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹5.67 Lakh | ||||
| 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -1.2% | ||||
| Net Profit Margin | -1.3% | ||||
| 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 | |||||
To see the full financial statements and ratios of Faith Tech Labs Private Limited, buy the company report.
Board of directors of Faith Tech Labs Private Limited
Faith Tech Labs has 2 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Prithviraaj Mahesh Shetty Also directs: Onekrishna Private Limited, Ariv Education Private Limited, Innoedd Academy Private Limited and 1 more | Director | 10 Jul 2021 | 5 Years 3 Months | Current |
| Roopa Mahesh Shetty | Director | 10 Jul 2021 | 5 Years 3 Months | Current |
Peer comparison
Faith Tech Labs Private Limited is compared with the 4 companies closest to it by revenue in the Education industry (Office and School Supplies), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Dicedots Private Limited | ₹4.52 Cr (FY 2025) | -43.0% | Bangalore, Karnataka, India | |||
| Chasvik Enterprises Private Limited | ₹4.52 Cr (FY 2025) | 64.0% | Rithala, Delhi, India | |||
| M3 Mfg Private Limited | ₹4.51 Cr (FY 2025) | 28.0% | Bhiwandi, Maharashtra, India | |||
| Faith Tech Labs Private Limitedthis company | ₹4.48 Cr (FY 2025) | -₹5.67 Lakh | -1.3% | 269.0% | Thane, Maharashtra, India | |
| Adm Commercial Private Limited | ₹4.38 Cr (FY 2021) | -39.0% | Bhubaneswar, Odisha, India |
To see the full peer comparison of Faith Tech Labs Private Limited, buy the company report.
Auditor
Faith Tech Labs Private Limited is audited by A R SODHA & CO for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| A R SODHA & CO | FY 2022 | 110324W |
Shareholding
The shareholding of Faith Tech Labs Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Faith Tech Labs Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Faith Tech Labs Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Faith Tech Labs Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Faith Tech Labs has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAFCB7273E1ZN | Maharashtra | Active | 06 Jul 2018 |
To see the full GST registrations and return filing status of Faith Tech Labs Private Limited, buy the company report.
Recent activity
Faith Tech Labs Private Limited has 9 board changes on record since 2015: 2 appointments and 7 cessations. The latest: Prithviraaj Mahesh Shetty ceased to be Additional Director on 30 Nov 2021.
Frequently asked questions
Faith Tech Labs is an active private limited company based in Thane, Maharashtra, India. The company works in office and school supplies, within the education industry. It was incorporated on 26 November 2013 (13+ years old) and is registered under CIN U72100MH2013PTC250404.
Faith Tech Labs has 2 current directors:
- Prithviraaj Mahesh Shetty - Director
- Roopa Mahesh Shetty - Director
The latest financial statements of Faith Tech Labs on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Faith Tech Labs is 27AAFCB7273E1ZN, registered in Maharashtra.
The CIN (Corporate Identification Number) of Faith Tech Labs is U72100MH2013PTC250404. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Faith Tech Labs was incorporated on 26 November 2013, making it 13+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Faith Tech Labs by revenue are Dicedots Private Limited, Chasvik Enterprises Private Limited, M3 Mfg Private Limited, Adm Commercial Private Limited, all in the Education industry (Office and School Supplies), with the same principal business activity (wholesale trading).
Prithviraaj Mahesh Shetty ceased to be Additional Director on 30 Nov 2021. Roopa Mahesh Shetty ceased to be Additional Director on 30 Nov 2021. Apoorv Kumar ceased to be Director on 12 Jul 2021. Faith Tech Labs has 9 board changes on record in total.
The registered office of Faith Tech Labs is at Miraj Corporate Park Plot No. A – 223 3rd Floor Road No.: 16V Wagle Industrial Estate, Thane West, Maharashtra, India – 400604.
Faith Tech Labs operates in the education industry, in the office and school supplies segment.
The compliance status of Faith Tech Labs is compliant as of 25 September 2026. The company is actively filing with the Registrar of Companies.