Faith Ventures Private Limited

Faith Ventures Private Limited - information technology in Wardha, Maharashtra, India. FY 2026 financials & compliance.
CIN U72900MH2019PTC321501 Incorporated 20 February 2019 ROC Mumbai HQ Wardha, Maharashtra, India
Active Private Limited Company information technology
Data last updated
Revenue · FY 2024
₹1 Lakh
▼ 67% YoY
Net profit · FY 2024
₹7,866
Net margin 7.9%
EBITDA · FY 2024
₹11,250
EBITDA margin 11.2%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹50,000
Issued & subscribed
Company age
7 yrs
Est. 2019
Directors on board
2
As per MCA filings
Active GSTINs
2
GST registered

About Faith Ventures Private Limited

Data last updated:

Faith Ventures Private Limited is a private limited company based in Wardha, Maharashtra, India. It operates in the computer and IT-related services segment of the technology and IT services sector. It was incorporated on 20 February 2019 and has been in existence for over 7 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U72900MH2019PTC321501. Its GSTIN is 27AADCF6553F1ZM (Maharashtra). The company holds 2 GST registrations, all of them active.

The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹50,000. It is led by directors Varun Gokul Pande and Alin Gokul Pande.

Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Plot No F 5 Near Kgn Industries Barbadi MIDC Sevagram, Wardha, Maharashtra, India – 442003.

As per the financials filed for FY 2024, the company reported a revenue of ₹1 Lakh, a decline of 67% compared to the previous year. For the same year it recorded a net profit of ₹7,866 (net margin 7.9%) and EBITDA of ₹11,250 (EBITDA margin 11.2%). Revenue has grown at a compounded annual rate (CAGR) of 71% over three years.

The current compliance status is marked as compliant by the Registrar of Companies.

Company details

CIN U72900MH2019PTC321501
Registration Number 321501
Incorporation Date 20 February 2019
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant

Contact details

Faith Ventures Private Limited's registered office is in Wardha, Maharashtra. Its e-mail address is in the company report.

  • Email
  • Registered Address
    Plot No F 5 Near Kgn Industries Barbadi MIDC Sevagram, Wardha, Maharashtra, India – 442003
  • Industry
    Information Technology, Other Computer Related Activities

To see the full contact details of Faith Ventures Private Limited, buy the company report.

Comprehensive company report
Faith Ventures Private Limited - one report that includes everything
  • 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
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Business activity

The main business activity of Faith Ventures is support service to organizations. In detail, this covers other support services to organizations.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
NSupport service to OrganizationsN7Other support services to organizations

To see the full business activity and turnover split of Faith Ventures Private Limited, buy the company report.

Financials of Faith Ventures Private Limited

FY 2024 filings available

Faith Ventures Private Limited reported revenue of ₹1 Lakh (down 67% YoY) for FY 2024.

Revenue · FY 2024
₹1 Lakh ▼ 67%
Net profit · FY 2024
₹7,866 margin 7.9%
EBITDA · FY 2024
₹11,250 margin 11.2%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 67%
3 years · compounded
▲ 71%
EBITDA CAGR growth
1 year
▲ 44%
3 years · compounded
▼ 17%

Revenue fell 67% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 71%. EBITDA rose 44% 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
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₹11,250
Profit Before Tax
Tax Expense
Net Profit (PAT)₹7,866
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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin11.2%
Net Profit Margin7.9%
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 Ventures Private Limited, buy the company report.

Board of directors of Faith Ventures Private Limited

Faith Ventures has 2 directors on record. No former directors are listed.

Current Directors
NameDesignationAppointment DateTenureStatus
Varun Gokul PandeDirector20 Feb 20197 Years 8 MonthsCurrent
Alin Gokul PandeDirector20 Feb 20197 Years 8 MonthsCurrent

Peer comparison

Faith Ventures Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (other support services to organizations), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Faith Ventures Private Limitedthis company₹1 Lakh (FY 2024)₹7,8667.9%-67.0%Wardha, Maharashtra, India
Tinomed Heart to Heart Medical Foundation₹1 Lakh (FY 2023)Nagpur, Maharashtra, India
Tasme Consultancy Services Private Limited₹1 Lakh (FY 2020)-62.0%Chennai, Tamil Nadu, India
Gannan Tradelever Private Limited₹1 Lakh (FY 2025)North East, Delhi, India
Sim Ventures Private Limited₹1 Lakh (FY 2024)-99.0%Kolkata, West Bengal, India
Mars D One Stop Business Consultant India Private Limited₹1 Lakh (FY 2018)Mumbai, Maharashtra, India
Oumaha EV Tech Private Limited₹1 Lakh (FY 2025)-73.0%New Delhi, Delhi, India
Jain Amar Foundation₹1 Lakh (FY 2025)-33.0%Ludhiana, Punjab, India
Chrysalis Mavens Consulting Private Limited₹1 Lakh (FY 2022)Bangalore, Karnataka, India
Stanley Infosys Private Limited₹1 Lakh (FY 2025)Bangalore, Karnataka, India
Setu Charitable Foundation₹1 Lakh (FY 2024)-90.0%Pune, Maharashtra, India

To see the full peer comparison of Faith Ventures Private Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Faith Ventures Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Faith Ventures has 2 GST registrations: 2 active.

Total GSTINs
2
Active
2
GSTINStateStatusRegistered on
27AADCF6553F1ZMMaharashtraActive15 Jun 2020
27AADCF6553F1CXMaharashtraActive17 Jun 2020

To see the full GST registrations and return filing status of Faith Ventures Private Limited, buy the company report.

Recent activity

Faith Ventures Private Limited has 2 board changes on record since 2019: 2 appointments. The latest: Alin Gokul Pande was appointed as Director on 20 Feb 2019.

AGM
Faith Ventures Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Faith Ventures Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
Appointed
Alin Gokul Pande was appointed as Director.
Appointed
Varun Gokul Pande was appointed as Director.
Incorporation
20 Feb 2019
Faith Ventures Private Limited was registered on 20 Feb 2019 with Roc Mumbai & aged 7 years 8 months as per MCA records.

Frequently asked questions

Faith Ventures is an active private limited company based in Wardha, Maharashtra, India. The company works in other computer related activities, within the information technology industry. It was incorporated on 20 February 2019 (7+ years old) and is registered under CIN U72900MH2019PTC321501.

Faith Ventures has 2 current directors:

The latest financial statements of Faith Ventures on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2019 are in the company report.

The GSTIN of Faith Ventures is 27AADCF6553F1ZM, registered in Maharashtra. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 27AADCF6553F1CX (Maharashtra).

The CIN (Corporate Identification Number) of Faith Ventures is U72900MH2019PTC321501. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Faith Ventures was incorporated on 20 February 2019, making it 7+ years old. It is registered with the Registrar of Companies, Mumbai.

The peers of Faith Ventures by revenue are Tinomed Heart to Heart Medical Foundation, Tasme Consultancy Services Private Limited, Gannan Tradelever Private Limited, Sim Ventures Private Limited, Mars D One Stop Business Consultant India Private Limited and 5 more, all in the same principal business activity (other support services to organizations).

Alin Gokul Pande was appointed as Director on 20 Feb 2019. Varun Gokul Pande was appointed as Director on 20 Feb 2019.

The registered office of Faith Ventures is at Plot No F 5 Near Kgn Industries Barbadi MIDC Sevagram, Wardha, Maharashtra, India – 442003.

Faith Ventures operates in the information technology industry, in the other computer related activities segment.

The compliance status of Faith Ventures is compliant as of 10 August 2026. The company is actively filing with the Registrar of Companies.