Faradays Industries Private Limited
About Faradays Industries Private Limited
Data last updated:
Faradays Industries Private Limited is a private limited company based in Chandigarh, India. It operates in the hotel and accommodation services segment of the travel and hospitality sector. It was incorporated on 03 April 1975 and has been in existence for over 51 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U55101CH1975PTC003550. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹3 Cr and a paid-up capital of ₹1.25 Cr. It was formerly known as Faradays Engineering Industries Pvt Ltd. It is led by directors including Prem Pal Gandhi and Hitesh Gandhi.
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 S.C.O. 377 – 380 Sector 35B, Chandigarh, India – 160035.
As per the financials filed for FY 2025, the company reported a revenue of ₹15.3 Lakh. For the same year it recorded a net profit of ₹64,879 (net margin 4.2%) and EBITDA of ₹64,879 (EBITDA margin 4.2%).
As per MCA filings, the company has open charges of ₹48.88 Cr and satisfied charges of ₹20.53 Cr on record. Court records list 11 cases involving the company, including 11 filed against it; 6 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
Faradays Industries has one previous CIN (Corporate Identification Number): U45202CH1975PTC003550. The current CIN is U55101CH1975PTC003550, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U55101CH1975PTC003550 | Current |
| U45202CH1975PTC003550 | Previous |
Contact details
Faradays Industries Private Limited's registered office is in Chandigarh, Chandigarh. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressS.C.O. 377 – 380 Sector 35B, Chandigarh, India – 160035
- IndustryTravel and Hospitality, Hotel & Accommodation Services
To see the full contact details of Faradays Industries 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
Financials of Faradays Industries Private Limited
FY 2025 filings availableFaradays Industries Private Limited reported revenue of ₹15.3 Lakh for FY 2025.
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 | ₹64,879 | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹64,879 | ||||
| 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 | 4.2% | ||||
| Net Profit Margin | 4.2% | ||||
| 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 Faradays Industries Private Limited, buy the company report.
Board of directors of Faradays Industries Private Limited
Faradays Industries has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Prem Pal Gandhi Also directs: Grand Multiplex Projects Limited, Walia Traders Ltd, Aseem Transport Services Private Limited and 5 more | Director | 15 Sep 2008 | 18 Years 1 Months | Current |
| Hitesh Gandhi Also directs: Grand Multiplex Projects Limited, Walia Traders Ltd, Aseem Transport Services Private Limited and 5 more | Director | 15 Sep 2008 | 18 Years 1 Months | Current |
| Surinder Pal Also directs: K. C. Land and Finance Limited, Indigo Fincap Private Limited, Sutlej Service Station Pvt Ltd and 5 more | Additional Director | 01 Aug 2023 | 3 Years 3 Months | Current |
Peer comparison
Faradays Industries Private Limited is compared with the 10 companies closest to it by revenue in the Consumer Services industry (Hotels), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Vijsheet Ventures Private Limited | ₹15.38 Lakh (FY 2025) | -59.0% | Pune, Maharashtra, India | |||
| Himratan Hotels & Resorts Private Limited | ₹15.37 Lakh (FY 2025) | 41.0% | Almora, Uttarakhand, India | |||
| Spandan Hospitality Private Limited | ₹15.33 Lakh (FY 2024) | 33.0% | Midnapore, West Bengal, India | |||
| Dial Hotels and Resorts Private Limited | ₹15.32 Lakh (FY 2024) | 276.0% | Sodala, Jaipur, Rajasthan, India | |||
| Shree Venkteshwara Hotels and Resorts Private Limited | ₹15.31 Lakh (FY 2017) | New Delhi, Delhi, India | ||||
| Faradays Industries Private Limitedthis company | ₹15.3 Lakh (FY 2025) | ₹64,879 | 4.2% | Chandigarh, India | ||
| Ubique City Hotels Private Limited | ₹15.3 Lakh (FY 2025) | 19.0% | Kolkata, West Bengal, India | |||
| Atarah Decor Private Limited | ₹15.29 Lakh (FY 2025) | -9.0% | Mumbai, Maharashtra, India | |||
| Yemshadel African Foods Store and Restaurants Private Limited | ₹15.28 Lakh (FY 2024) | -36.0% | Faridabad, Haryana, India | |||
| Dewdrop Hotels Private Limited | ₹15.28 Lakh (FY 2019) | 26.0% | New Delhi, Delhi, India | |||
| Centuria Lifestyle Clubs Private Limited | ₹15.27 Lakh (FY 2025) | 159.0% | Jaipur, Rajasthan, India |
To see the full peer comparison of Faradays Industries Private Limited, buy the company report.
Auditor
Faradays Industries Private Limited is audited by CHOPRA MALHOTRA & ASSOCIATES for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| CHOPRA MALHOTRA & ASSOCIATES | FY 2021 | 006152N |
Shareholding
The shareholding of Faradays Industries Private Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Faradays Industries Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 16 Dec 2010 | 10259703 | Phoenix Arc Private Limited | ₹48.88 Cr | Open | |
| 28 Sep 2001 | 80046573 | Oriental Bank of Commerce | ₹3.21 Cr | Satisfied | |
| 28 Sep 2001 | 80046574 | Oriental Bank of Commerce | ₹1.86 Cr | Satisfied | |
| 21 Oct 2000 | 90329041 | Oriental Bank of Commerce | ₹1.25 Cr | Satisfied | |
| 02 Aug 1999 | 90329024 | Oriental Bank of Commerce | ₹75 Lakh | Satisfied |
To see the full charge records of Faradays Industries Private Limited, buy the company report.
Total charge records: 18 View all charges
Legal cases
Faradays Industries Private Limited has 11 court cases on record: 11 filed against it. 6 cases are pending and 5 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 9 | 9 | 5 |
| High courts | 2 | 2 | 1 |
Cases on record (5 of 11)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, PUNJAB | Writ petition | Filed against the company by Phoenix Arc Pvt Ltd | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summons Cases SS) | Filed against the company by Phoenix Arc Pvt Ltd | Pending |
| High Court, PUNJAB | Revision petition | Filed against the company by BR Arcades LLP | Disposed |
| District court, Kapurthala, Punjab | Appeal | Filed against the company by an individual | Disposed |
| District court, Kapurthala, Punjab | Original application | Filed against the company by an individual | Disposed |
To see the full case history of Faradays Industries Private Limited, buy the company report.
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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Faradays Industries Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Faradays Industries has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Faradays Industries Private Limited, buy the company report.
Recent activity
Faradays Industries Private Limited has 7 board changes on record since 2008: 3 appointments and 4 cessations. The latest: Surinder Pal was appointed as Additional Director on 01 Aug 2023.
48 earlier events are in the company report.
Frequently asked questions
Faradays Industries is an active private limited company based in Chandigarh, India. The company works in hotel and accommodation services, within the travel and hospitality industry. It was incorporated on 03 April 1975 (51+ years old) and is registered under CIN U55101CH1975PTC003550.
Faradays Industries has 3 current directors:
- Prem Pal Gandhi - Director
- Hitesh Gandhi - Director
- Surinder Pal - Additional Director
The latest financial statements of Faradays Industries 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.
No. Faradays Industries has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Faradays Industries is U55101CH1975PTC003550. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Faradays Industries has 11 court cases on record: 11 filed against it. 6 are pending. Most are in the district courts.
Faradays Industries was incorporated on 03 April 1975, making it 51+ years old. It is registered with the Registrar of Companies, Chandigarh.
The peers of Faradays Industries by revenue are Vijsheet Ventures Private Limited, Himratan Hotels & Resorts Private Limited, Spandan Hospitality Private Limited, Dial Hotels and Resorts Private Limited, Shree Venkteshwara Hotels and Resorts Private Limited and 5 more, all in the Consumer Services industry (Hotels).
Surinder Pal was appointed as Additional Director on 01 Aug 2023. Harmohan Dhawan ceased to be Managing Director on 07 Jul 2010. Hitesh Gandhi ceased to be Additional Director on 30 Sep 2008. Faradays Industries has 7 board changes on record in total.
The registered office of Faradays Industries is at S.C.O. 377 – 380 Sector 35B, Chandigarh, India – 160035.
Faradays Industries operates in the travel and hospitality industry, in the hotel and accommodation services segment.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
