Fides Sales Private Limited
About Fides Sales Private Limited
Data last updated:
Fides Sales Private Limited is a private limited company based in New Delhi, Delhi, India. It operates in the food and beverage distribution segment of the food and beverages sector. It was incorporated on 02 March 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U51390DL2012PTC232340. Its GSTIN is 07AACCF0225D1ZC (Delhi). The company holds 3 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹50 Lakh. It is led by directors Sharad Lal Sethia and Jeet Sharma.
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 5H/3 2nd Floor Shahpur Jat, New Delhi, Delhi, India – 110049.
As per the financials filed for FY 2024, the company reported a revenue of ₹8.18 Cr, a decline of 2% compared to the previous year. For the same year it recorded a net loss of ₹3.36 Lakh (net margin -0.4%) and EBITDA of ₹16.91 Lakh (EBITDA margin 2.1%). Revenue has grown at a compounded annual rate (CAGR) of 9% over three years and 4% over five years.
The company has about 21 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹52.52 Lakh on record. Court records list 2 cases involving the company, including 1 filed by the company and 1 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered Address5H/3 2nd Floor Shahpur Jat, New Delhi, Delhi, India – 110049
- IndustryFood and Beverages, Food & Beverage Retail & Distribution
- 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
- One PDF report, delivered after checkout
Business Activity of Fides Sales Private Limited
The main business activity of Fides Sales is wholesale and retail trade; repair of motor vehicles and motorcycles. In detail, this covers wholesale trade, except of motor vehicles and motorcycles.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Wholesale and retail trade; repair of motor vehicles and motorcycles | 46 | Wholesale trade, except of motor vehicles and motorcycles | 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 Fides Sales Private Limited FY 2025 filings available
Fides Sales Private Limited reported revenue of ₹8.18 Cr (down 2% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Fides Sales Private Limited
Revenue fell 2% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 4%. EBITDA fell 6% 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 Fides Sales Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 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 | ₹16.91 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹3.36 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 Fides Sales Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 2.1% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -0.4% | •••• | •••• | •••• | •••• |
| 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 Fides Sales are in the company report.
Financial statements from 2015
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 Fides Sales Private Limited
Fides Sales Private Limited is compared with the companies closest to it by revenue in the Food and Beverages industry (Food and Beverages Retail and Distribution). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Dark Kitchens Private Limited | ₹8.22 Cr (FY 2024) | •••• | •••• | 134.0% | •••• | Ahmedabad, Gujarat, India |
| Shri Sai Cashew Private Limited | ₹8.21 Cr (FY 2024) | •••• | •••• | 13.0% | •••• | Delhi, India |
| Starlasting Exim Private Limited | ₹8.2 Cr (FY 2025) | •••• | •••• | -10.0% | •••• | Siliguri, West Bengal, India |
| Festiva Global Beverages Private Limited | ₹8.2 Cr (FY 2024) | •••• | •••• | -60.0% | •••• | Coimbatore, Tamil Nadu, India |
| Terramera Biosciences (India) Private Limited | ₹8.19 Cr (FY 2025) | •••• | •••• | 1220.0% | •••• | Chennai, Tamil Nadu, India |
| Fides Sales Private Limited this company | ₹8.18 Cr (FY 2024) | •••• | •••• | -2.0% | •••• | New Delhi, Delhi, India |
| Abt Foods Agrovet Limited | ₹8.18 Cr (FY 2024) | •••• | •••• | -46.0% | •••• | Coimbatore, Tamil Nadu, India |
| Delizia Food Products Private Limited | ₹8.18 Cr (FY 2023) | •••• | •••• | •••• | Thrissur, Kerala, India | |
| Brota Foods Private Limited | ₹8.15 Cr (FY 2025) | •••• | •••• | 48.0% | •••• | Kolkata, West Bengal, India |
| Karmaastar Enterprises Private Limited | ₹8.15 Cr (FY 2025) | •••• | •••• | 52.0% | •••• | Haryana, India |
| Universal Knitting Mills Private Limited | ₹8.14 Cr (FY 2025) | •••• | •••• | 7.0% | •••• | Mumbai, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Fides Sales by revenue in the Food and Beverages industry (Food and Beverages Retail and Distribution), 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 Fides Sales Private Limited
Fides Sales Private Limited is audited by SANJAY MANISH AND ASSOCIATES for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| SANJAY MANISH AND ASSOCIATES | 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 Fides Sales Private Limited
Fides Sales has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sharad Lal Sethia | Director | 17 Oct 2012 | 13 Years 11 Months | Current |
| Jeet Sharma Also directs: Nsy Sales Private Limited | Director | 23 Mar 2021 | 5 Years 6 Months | Current |
Ownership and Shareholding of Fides Sales 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 Fides Sales Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 10 Jan 2024 | Hdfc Bank Limited | ₹52.52 Lakh | Open |
Total charge records: 1 View all charges
Legal Cases of Fides Sales Private Limited
Fides Sales Private Limited has 2 court cases on record: 1 filed by Fides Sales, 1 filed against it. All cases are disposed. Status as checked between 01 Oct 2026 and 02 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 0 | 0 |
| District courts | 1 | 1 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Dausa, Rajasthan | Criminal case | Filed against the company by State | Disposed |
| High Court of Delhi | Writ petition | Filed by the company against Government NCT of Delhi | Disposed |
Full case history
All 2 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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 by Fides Sales Private Limited
Fides Sales Private Limited has 2 MSME Form 1 returns on record between 2019 and 2024, listing 26 overdue payments to 5 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 5)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Chowgule Brothers Private Limited | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| Shankar Distillers Private Limited | •••• | •••• | •••• |
| Connoisseur Alcobev Collections LLP | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 2 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Employees and EPFO Compliance at Fides Sales Private Limited
Employment history and EPFO contributions of people linked to Fides Sales.
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 Fides Sales Private Limited
Fides Sales Private Limited has 5 board changes on record since 2012: 2 appointments and 3 cessations. The latest: Jeet Sharma was appointed as Director on 23 Mar 2021.
Credit Ratings, Litigation & Regulatory Alerts for Fides Sales 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.
Subsidiaries & Group Companies of Fides Sales 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 Fides Sales Private Limited
Fides Sales has 3 GST registrations: 2 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AACCF0225D1ZC | Delhi | Active | 01 Jul 2017 |
| 30AACCF0225D2ZM | Goa | Active | 29 Nov 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 Fides Sales 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 Fides Sales Private Limited
Fides Sales is an active private limited company based in New Delhi, Delhi, India. The company works in food and beverage retail and distribution, within the food and beverages industry. It was incorporated on 02 March 2012 (14+ years old) and is registered under CIN U51390DL2012PTC232340.
Fides Sales reported revenue of ₹8.18 Cr for FY 2024 (down 2% YoY).
Fides Sales has 2 current directors:
- Sharad Lal Sethia - Director
- Jeet Sharma - Director
Fides Sales reported a net loss of ₹3.36 Lakh (net margin -0.4%) and EBITDA of ₹16.91 Lakh (EBITDA margin 2.1%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Fides Sales is 9% over three years and 4% over five years. In the latest year (FY 2024) revenue fell 2%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Fides Sales is 07AACCF0225D1ZC, registered in Delhi. The company has 3 GST registrations in all, of which 2 are active and 1 is cancelled or inactive. Other active GSTINs include 30AACCF0225D2ZM (Goa).
The CIN (Corporate Identification Number) of Fides Sales is U51390DL2012PTC232340. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Fides Sales has 2 court cases on record: 1 filed by the company and 1 filed against it. Most are in the high courts.
Fides Sales was incorporated on 02 March 2012, making it 14+ years old. It is registered with the Registrar of Companies, Delhi.
The peers of Fides Sales by revenue are Dark Kitchens Private Limited, Shri Sai Cashew Private Limited, Starlasting Exim Private Limited, Festiva Global Beverages Private Limited, Terramera Biosciences (India) Private Limited and 5 more, all in the Food and Beverages industry (Food and Beverages Retail and Distribution).
Jeet Sharma was appointed as Director on 23 Mar 2021. Jeet Sharma ceased to be Director on 11 Feb 2021. Madhusudan Sharma ceased to be Director on 12 Oct 2016. Fides Sales has 5 board changes on record in total.
Fides Sales has 2 MSME Form 1 returns on record between 2019 and 2024, listing 26 overdue payments to 5 micro and small suppliers. The latest return was filed on 01 May 2024.