Faradaytek Solutions India Private Limited
About Faradaytek Solutions India Private Limited
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Faradaytek Solutions India Private Limited is a foreign private limited company based in Bangalore, Karnataka, India, a subsidiary of Sheng Bang Investment Corporation. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 29 March 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74999KA2019FTC122941. Its GSTIN is 29AADCF6937F1ZE (Karnataka).
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹1 Cr. It is led by directors Shih Chin Lin and Krishnamurthy Jayashree.
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 5th Floor Cessna Business Park, Bangalore, Karnataka.
As per the financials filed for FY 2025, the company reported a revenue of ₹7.33 Cr, a growth of 13% compared to the previous year. For the same year it recorded a net profit of ₹74.97 Lakh (net margin 10.2%) and EBITDA of ₹1.04 Cr (EBITDA margin 14.2%). Revenue has grown at a compounded annual rate (CAGR) of 4% over three years and 6% over five years.
The company has about 11 employees on its provident fund (EPFO) records.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered Address5th Floor Cessna Business Park Embassy Signet Kadubeesanahalli Marathalli Outer Ring, Road, Bangalore, Karnataka, India – 560103
- IndustryInformation Technology, Application Development & Software Solutions
- 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 of Faradaytek Solutions India Private Limited
The main business activity of Faradaytek Solutions India is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Faradaytek Solutions India Private Limited FY 2024 filings available
Faradaytek Solutions India Private Limited reported revenue of ₹7.33 Cr (up 13% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Faradaytek Solutions India Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 6% over five years, including 13% growth in the latest year. EBITDA rose 1% 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 of Faradaytek Solutions India Private Limited
| 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 | ₹1.04 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹74.97 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 of Faradaytek Solutions India Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 14.2% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 10.2% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Faradaytek Solutions India are in the company report.
Financial statements from FY 2019
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Faradaytek Solutions India Private Limited
Faradaytek Solutions India Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Other professional, scientific and technical activities). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Lemmatrix Private Limited | ₹7.34 Cr (FY 2025) | •••• | •••• | 21.0% | •••• | Thiruvallur, Tamil Nadu, India |
| Embedded Digital Solution India Private Limited | ₹7.33 Cr (FY 2025) | •••• | •••• | 312.0% | •••• | Faridabad, Haryana, India |
| Matelabs Innovations Private Limited | ₹7.33 Cr (FY 2023) | •••• | •••• | -14.0% | •••• | Bangalore, Karnataka, India |
| Red Mango Analytics Private Limited | ₹7.33 Cr (FY 2025) | •••• | •••• | -11.0% | •••• | Navi Mumbai, Maharashtra, India |
| CFM Aircraft Engine Support South Asia Private Limited | ₹7.33 Cr (FY 2025) | •••• | •••• | 20.0% | •••• | New Delhi, Delhi, India |
| Faradaytek Solutions India Private Limited this company | ₹7.33 Cr (FY 2025) | •••• | •••• | 13.0% | •••• | Bangalore, Karnataka, India |
| Collab Experiential Private Limited | ₹7.33 Cr (FY 2024) | •••• | •••• | 149.0% | •••• | Delhi, India |
| Ananta Smart Solutions Private Limited | ₹7.32 Cr (FY 2025) | •••• | •••• | 31.0% | •••• | Delhi, India |
| Aimtech Automation India Private Limited | ₹7.32 Cr (FY 2025) | •••• | •••• | 115.0% | •••• | Pune, Maharashtra, India |
| P&A Innovations Private Limited | ₹7.32 Cr (FY 2025) | •••• | •••• | -23.0% | •••• | Delhi, India |
| Vital Wires Consulting Private Limited | ₹7.32 Cr (FY 2025) | •••• | •••• | -14.0% | •••• | New Delhi, Delhi, India |
Peers are the five companies nearest above and the five nearest below Faradaytek Solutions India by revenue in the same principal business activity (Other professional, scientific and technical activities), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Faradaytek Solutions India Private Limited
Faradaytek Solutions India Private Limited is audited by K SARAVANAN AND CO for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| K SARAVANAN AND CO | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Faradaytek Solutions India Private Limited
Faradaytek Solutions India has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shih Chin Lin | Director | 29 Mar 2019 | 7 Years 6 Months | Current |
| Krishnamurthy Jayashree | Director | 15 Mar 2023 | 3 Years 6 Months | Current |
Ownership and Shareholding of Faradaytek Solutions India Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Faradaytek Solutions India Private Limited
Faradaytek Solutions India Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Faradaytek Solutions India Private Limited
Faradaytek Solutions India Private Limited has a workforce of 11 employees as of Apr 08, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Faradaytek Solutions India Private Limited
Faradaytek Solutions India Private Limited has 4 board changes on record since 2019: 2 appointments and 2 cessations. The latest: Yuvaraj Mahadevan ceased to be Director on 03 Oct 2023.
Credit Ratings, Litigation & Regulatory Alerts for Faradaytek Solutions India Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Faradaytek Solutions India Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Faradaytek Solutions India Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Faradaytek Solutions India Private Limited
Faradaytek Solutions India has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AADCF6937F1ZE | Karnataka | Active | 01 Jun 2019 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Faradaytek Solutions India Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Faradaytek Solutions India Private Limited
Faradaytek Solutions India is an active foreign private limited company based in Bangalore, Karnataka, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 29 March 2019 (7+ years old) and is registered under CIN U74999KA2019FTC122941.
Faradaytek Solutions India reported revenue of ₹7.33 Cr for FY 2025 (up 13% YoY).
Faradaytek Solutions India has 2 current directors:
- Shih Chin Lin - Director
- Krishnamurthy Jayashree - Director
Faradaytek Solutions India reported a net profit of ₹74.97 Lakh (net margin 10.2%) and EBITDA of ₹1.04 Cr (EBITDA margin 14.2%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Faradaytek Solutions India is 4% over three years and 6% over five years. In the latest year (FY 2025) revenue rose 13%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Faradaytek Solutions India is 29AADCF6937F1ZE, registered in Karnataka.
The CIN (Corporate Identification Number) of Faradaytek Solutions India is U74999KA2019FTC122941. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Faradaytek Solutions India was incorporated on 29 March 2019, making it 7+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Faradaytek Solutions India by revenue are Lemmatrix Private Limited, Embedded Digital Solution India Private Limited, Matelabs Innovations Private Limited, Red Mango Analytics Private Limited, CFM Aircraft Engine Support South Asia Private Limited and 5 more, all in the same principal business activity (Other professional, scientific and technical activities).
Yuvaraj Mahadevan ceased to be Director on 03 Oct 2023. Krishnamurthy Jayashree ceased to be Additional Director on 28 Sep 2023. Krishnamurthy Jayashree was appointed as Director on 15 Mar 2023. Faradaytek Solutions India has 4 board changes on record in total.
The registered office of Faradaytek Solutions India is at 5th Floor Cessna Business Park Embassy Signet Kadubeesanahalli Marathalli Outer Ring, Road, Bangalore, Karnataka, India – 560103.