- Category
- Small (2024-25)
- Udyam number
- UDYAM-DL-08-0024283

About Fides Distribution Private Limited
Data last updated:
Fides Distribution Private Limited is a private limited company based in New Delhi, Delhi, India. It operates in the electronics retail and distribution segment of the consumer electronics and durables sector. It was incorporated on 29 October 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U51101DL2013PTC259712. Its GSTIN is 07AACCF2914P1ZF (Delhi). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹1.4 Cr. It is led by directors including Radha Sindwani and Hitesh Sindwani.
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 E – 71 I Floor Greater Kailash I, New Delhi, Delhi, India – 110048.
As per the financials filed for FY 2025, the company reported a revenue of ₹52.98 Cr, a growth of 3% compared to the previous year. For the same year it recorded a net profit of ₹2.44 Lakh (net margin 0%) and EBITDA of ₹1.33 Cr (EBITDA margin 2.5%). Revenue has declined at a compounded annual rate (CAGR) of 17% over three years and 11% over five years.
The company has about 3 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹15 Cr and satisfied charges of ₹70.93 Cr on record. Court records list 9 cases involving the company, including 9 filed by the company; 7 cases are pending. The company has 2 deals on record (1 funding round, 1 secondary share transfer), with disclosed funding of ₹1.37 Cr; the latest was in March 2019.
Fides Distribution Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-DL-08-0024283). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website fides.co.in.
Company details
Recognitions & Rankings of Fides Distribution
Contact details
Fides Distribution Private Limited's registered office is in New Delhi, Delhi. Its website is fides.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressE – 71 I Floor Greater Kailash I, New Delhi, Delhi, India – 110048
- IndustryConsumer Electronics & Durables, Electronic Appliances Retail & Distribution
To see the full contact details of Fides Distribution 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 Fides Distribution 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 Fides Distribution Private Limited, buy the company report.
Financials of Fides Distribution Private Limited
FY 2025 filings availableFides Distribution Private Limited reported revenue of ₹52.98 Cr (up 3% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 3% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 11%. EBITDA rose 5% 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 | ₹1.33 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹2.44 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 | 2.5% | ||||
| Net Profit Margin | 0% | ||||
| 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 Fides Distribution Private Limited, buy the company report.
Board of directors of Fides Distribution Private Limited
Fides Distribution has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Radha Sindwani | Director | 29 Oct 2013 | 12 Years 11 Months | Current |
| Hitesh Sindwani | Director | 29 Oct 2013 | 12 Years 11 Months | Current |
| Parul Sindwani | Director | 18 Aug 2021 | 5 Years 2 Months | Current |
Auditor
Fides Distribution Private Limited is audited by R D GARG & CO for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| R D GARG & CO | FY 2021 | 001776N |
Shareholding
The shareholding of Fides Distribution 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 2019 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Fides Distribution Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Apr 2014 | 10496014 | Others | ₹15 Cr | Open | |
| 18 Feb 2019 | 100258819 | Others | ₹10.93 Cr | Satisfied | |
| 14 Sep 2017 | 100133034 | Others | ₹20 Cr | Satisfied | |
| 10 Oct 2015 | 10625147 | Tata Capital Financial Services Limited | ₹40 Cr | Satisfied |
To see the full charge records of Fides Distribution Private Limited, buy the company report.
Total charge records: 4 View all charges
Deals & funding
Fides Distribution Private Limited has 2 deals on record (1 funding round, 1 secondary share transfer), with disclosed funding of ₹1.37 Cr; the latest was in March 2019.
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2019 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Apr 2014 | Funding round | ₹1.37 Cr | Investors: 4 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Fides Distribution Private Limited has 9 court cases on record: 9 filed by Fides Distribution. 7 cases are pending and 2 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 8 | 0 | 7 |
| High courts | 1 | 0 | 0 |
Cases on record (4 of 9)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, South East, Delhi | Cheque dishonour complaint | Filed by the company against an individual | Pending |
| District court, South East, Delhi | Criminal case | Filed by the company against an individual | Pending |
| District court, South East, Delhi | Civil suit | Filed by the company against The New India Assurance Co,. Ltd. | Disposed |
| High Court of Delhi | Writ petition | Filed by the company against Commissioner of Central Goods and Services Tax Delhi South & Ors. | Disposed |
To see the full case history of Fides Distribution 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.
Credit ratings & regulatory alerts
Fides Distribution Private Limited was last rated by Care on 29 Sep 2022.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 29 Sep 2022 |
To see the full credit ratings and regulatory alerts of Fides Distribution Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Fides Distribution Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Fides Distribution Private Limited has a workforce of 3 employees on its EPFO records as of Apr 09, 2024, across 1 active EPFO establishment.
GST
Fides Distribution has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AACCF2914P1ZF | Delhi | Active | 01 Jul 2017 |
| 29AACCF2914P1Z9 | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Fides Distribution Private Limited, buy the company report.
Recent activity
Fides Distribution Private Limited has 4 board changes on record since 2013: 3 appointments and 1 cessation. The latest: Parul Sindwani ceased to be Additional Director on 15 Nov 2021.
5 earlier events are in the company report.
Frequently asked questions
Fides Distribution is an active private limited company based in New Delhi, Delhi, India. The company works in electronic appliances retail and distribution, within the consumer electronics and durables industry. It was incorporated on 29 October 2013 (13+ years old) and is registered under CIN U51101DL2013PTC259712.
Fides Distribution has 3 current directors:
- Radha Sindwani - Director
- Hitesh Sindwani - Director
- Parul Sindwani - Director
The latest financial statements of Fides Distribution 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 Fides Distribution is 07AACCF2914P1ZF, registered in Delhi. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 29AACCF2914P1Z9 (Karnataka).
The CIN (Corporate Identification Number) of Fides Distribution is U51101DL2013PTC259712. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Fides Distribution has 9 court cases on record: 9 filed by the company. 7 are pending. Most are in the district courts.
Fides Distribution was incorporated on 29 October 2013, making it 13+ years old. It is registered with the Registrar of Companies, Delhi.
Fides Distribution has 2 deals on record (1 funding round, 1 secondary share transfer), with disclosed funding of ₹1.37 Cr; the latest was in March 2019.
Parul Sindwani ceased to be Additional Director on 15 Nov 2021. Parul Sindwani was appointed as Director on 18 Aug 2021. Hitesh Sindwani was appointed as Director on 29 Oct 2013. Fides Distribution has 4 board changes on record in total.
Yes, Fides Distribution is registered as a small enterprise under Udyam registration (number: UDYAM-DL-08-0024283).