About Freedom Industries Ltd
Data last updated:
Freedom Industries Ltd is a public limited company based in Punjab, India. It operates in the auto parts and components segment of the automotive sector. It was incorporated on 23 January 1995 and has been in existence for over 31 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U15680PB1995PLC015680. Its GSTIN is 03AAACF2467P1ZH (Punjab). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹4.25 Cr and a paid-up capital of ₹2.47 Cr. It is led by directors including Kanwaljit Singh and Lovleen Kaur.
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 435 Focal Pointmehta Road Amritsar, Punjab, India.
As per the financials filed for FY 2025, the company reported a revenue of ₹54.04 Cr, a growth of 4% compared to the previous year. For the same year it recorded a net profit of ₹49.8 Lakh (net margin 0.9%) and EBITDA of ₹2.45 Cr (EBITDA margin 4.5%). Revenue has grown at a compounded annual rate (CAGR) of 3% over three years and 9% over five years.
The company has about 19 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Freedom Industries. As per MCA filings, the company has open charges of ₹20.01 Cr and satisfied charges of ₹18.48 Cr on record.
The current compliance status is marked as active non-compliant by the Registrar of Companies. For more details, the company can be reached via its website freedomindustries.co.in.
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- TelephoneLocked
- Website
- Social MediaLocked
- Registered Address435 Focal Pointmehta Road Amritsar, Punjab, India
- IndustryAutomotive, Auto Parts & Components
- 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
CIN History of Freedom Industries Ltd
Freedom Industries has one previous CIN (Corporate Identification Number): L15680PB1995PLC015680. The current CIN is U15680PB1995PLC015680, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U15680PB1995PLC015680 | Current |
| L15680PB1995PLC015680 | Previous |
Associated Brands with Freedom Industries Ltd
Freedom Industries operates one associated brand: Freedom Industries. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturing of air pumps, bicycles, and accessories in India. | freedomindustries.co.in |
Business Activity of Freedom Industries Ltd
The main business activity of Freedom Industries is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment | 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.
Auditor Details of Freedom Industries Ltd
Freedom Industries Ltd is audited by V WADHWA & ASSOCIATES for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| V WADHWA & 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 Freedom Industries Ltd
Freedom Industries has 3 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Harmanak Singh | Additional Director | 10 Dec 2013 | 12 Years 9 Months | Current |
| Kanwaljit Singh | Director | 10 Jul 2002 | 24 Years 2 Months | Current |
| Lovleen Kaur | Director | 12 Jul 2002 | 24 Years 2 Months | Current |
Financials of Freedom Industries Ltd FY 2024 filings available
Freedom Industries Ltd reported revenue of ₹54.04 Cr (up 4% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Freedom Industries Ltd
Revenue has grown at a compounded annual rate (CAGR) of 9% over five years, including 4% growth in the latest year. EBITDA rose 13% 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 Freedom Industries Ltd
| 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 | ₹2.45 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹49.8 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 Freedom Industries Ltd
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 4.5% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 0.9% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
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 Freedom Industries 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.
Ownership and Shareholding of Freedom Industries Ltd
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 Freedom Industries Ltd
| Date | Lender | Amount | Status |
|---|---|---|---|
| 10 Apr 2025 | Hdfc Bank Limited | ₹12.68 Lakh | Open |
| 09 Apr 2025 | Hdfc Bank Limited | ₹31.25 Lakh | Open |
| 12 Dec 2024 | Hdfc Bank Limited | ₹16.25 Lakh | Open |
| 26 Jul 2024 | Hdfc Bank Limited | ₹34.49 Lakh | Open |
| 24 Nov 2023 | Hdfc Bank Limited | ₹6.16 Lakh | Open |
Total charge records: 30 View all charges
Employees and EPFO Compliance at Freedom Industries Ltd
Freedom Industries Ltd has a workforce of 19 employees as of Apr 06, 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.
GST Compliance of Freedom Industries Ltd
Freedom Industries has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 03AAACF2467P1ZH | Punjab | Active | 01 Jul 2017 |
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.
Credit Ratings, Litigation & Regulatory Alerts for Freedom Industries Ltd
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 Freedom Industries Ltd
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 Freedom Industries Ltd
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.
MCA Filings & Documents of Freedom Industries Ltd
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.
Recent Activity on Freedom Industries Ltd
Frequently Asked Questions about Freedom Industries Ltd
Freedom Industries is an active public limited company based in Punjab, India. The company works in auto parts and components, within the automotive industry. It was incorporated on 23 January 1995 (31+ years old) and is registered under CIN U15680PB1995PLC015680.
Freedom Industries reported revenue of ₹54.04 Cr for FY 2025 (up 4% YoY).
Freedom Industries has 3 current directors:
- Harmanak Singh - Additional Director
- Kanwaljit Singh - Director
- Lovleen Kaur - Director
Freedom Industries reported a net profit of ₹49.8 Lakh (net margin 0.9%) and EBITDA of ₹2.45 Cr (EBITDA margin 4.5%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Freedom Industries is 3% over three years and 9% over five years. In the latest year (FY 2025) revenue rose 4%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Freedom Industries is 03AAACF2467P1ZH, registered in Punjab. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Freedom Industries is U15680PB1995PLC015680. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Freedom Industries was incorporated on 23 January 1995, making it 31+ years old. It is registered with the Registrar of Companies, Chandigarh.
Freedom Industries can be reached through the website freedomindustries.co.in. Its registered office is in Punjab, India.