_PRIVATE_LIMITED.webp)
About Friendly Automotives (India) Private Limited
Data last updated:
Friendly Automotives (India) Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the automobile dealership and trading segment of the automotive sector. It was incorporated on 20 December 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U50102KA2010PTC056285. Its GSTIN is 29AABCF7079A1ZN (Karnataka). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹7.5 Cr and a paid-up capital of ₹6.75 Cr. It is led by directors Raghuchaitanya Yashodhar Nayak (Managing Director) and Nayak Subha.
Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at Porsche Centre Bangalore Traan El Dorado #28 Lavelle Road, Karnataka, India – 560001.
As per the financials filed for FY 2020, the company reported a revenue of ₹85.07 Cr, a growth of 15% compared to the previous year. For the same year it recorded a net profit of ₹3.08 Cr (net margin 3.6%) and EBITDA of ₹6.57 Cr (EBITDA margin 7.7%). Revenue has grown at a compounded annual rate (CAGR) of 7% over three years and 8% over five years.
The company has about 30 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
As per MCA filings, the company has open charges of ₹44.99 Cr and satisfied charges of ₹47.32 Cr on record. Court records list 1 case involving the company, including 1 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website friendlygroups.org.
Company details
Contact details
Friendly Automotives (India) Private Limited's registered office is in Bangalore, Karnataka. Its website is friendlygroups.org. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressPorsche Centre Bangalore Traan El Dorado #28 Lavelle Road, Karnataka, India – 560001
- IndustryAutomotive, Auto Dealership & Trading
To see the full contact details of Friendly Automotives (India) 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 Friendly Automotives (India) is trade. In detail, this covers retail trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of Friendly Automotives (India) Private Limited, buy the company report.
Financials of Friendly Automotives (India) Private Limited
FY 2021 filings availableFriendly Automotives (India) Private Limited reported revenue of ₹85.07 Cr (up 15% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 8% over five years, including 15% growth in the latest year. EBITDA rose 3% 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹85.07 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹6.57 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹3.08 Cr | ||||
| 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 7.7% | ||||
| Net Profit Margin | 3.6% | ||||
| 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 Friendly Automotives (India) Private Limited, buy the company report.
Board of directors of Friendly Automotives (India) Private Limited
Friendly Automotives (India) 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 |
|---|---|---|---|---|
| Raghuchaitanya Yashodhar Nayak Also directs: Prakara Developers LLP, Friendly Elements (India) Private Limited, Amba Living Private Limited and 1 more | Managing Director | 20 Dec 2010 | 15 Years 10 Months | Current |
| Nayak Subha Also directs: Friendly Homes India Private Limited, Friendly Motors (India) Private Limited, Sri Mitra Food Products Private Limited and 2 more | Director | 02 Jun 2022 | 4 Years 5 Months | Current |
Peer comparison
Friendly Automotives (India) Private Limited is compared with the 7 companies closest to it by revenue in the Automobiles industry (Auto and Components Dealers), with the same principal business activity (retail trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Sids Motors Private Limited | ₹86 Cr (FY 2024) | 32.0% | Rajkot, Gujarat, India | |||
| Motorline Auto Private Limited | ₹85.7 Cr (FY 2022) | 57.0% | Karimnagar, Telangana, India | |||
| Saptagiri Auto Private Limited | ₹85.52 Cr (FY 2024) | 12.0% | Bangalore, Karnataka, India | |||
| HDN Motors Private Limited | ₹85.17 Cr (FY 2025) | 29.0% | Raipur, Chhattisgarh, India | |||
| Friendly Automotives (India) Private Limitedthis company | ₹85.07 Cr (FY 2020) | ₹3.08 Cr | 3.6% | 15.0% | Bangalore, Karnataka, India | |
| Shanti Automart Private Limited | ₹84.91 Cr (FY 2025) | 6.0% | Mathura, Uttar Pradesh, India | |||
| Presidency Cars Private Limited | ₹84.87 Cr (FY 2025) | -7.0% | Surat, Gujarat, India | |||
| Akash Krish Motor Private Limited | ₹84.84 Cr (FY 2024) | 50.0% | Hosur, Tamil Nadu, India |
To see the full peer comparison of Friendly Automotives (India) Private Limited, buy the company report.
Auditor
Friendly Automotives (India) Private Limited is audited by E S & ASSOCIATES for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| E S & ASSOCIATES | FY 2020 | 011236S |
Shareholding
The shareholding of Friendly Automotives (India) 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 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Friendly Automotives (India) Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Oct 2020 | 100388473 | Canara Bank | ₹39.76 Cr | Open | |
| 08 Jun 2017 | 100109808 | Yes Bank Limited | ₹2.51 Cr | Open | |
| 19 Aug 2016 | 100054478 | Others | ₹67.5 Lakh | Open | |
| 19 Aug 2016 | 100054479 | Others | ₹99.58 Lakh | Open | |
| 19 Aug 2016 | 100054480 | Others | ₹1.04 Cr | Open |
To see the full charge records of Friendly Automotives (India) Private Limited, buy the company report.
Total charge records: 19 View all charges
Legal cases
Friendly Automotives (India) Private Limited has 1 court case on record: 1 filed against it. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Civil suit | Filed against the company by an individual | Disposed |
To see the full case history of Friendly Automotives (India) 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 Friendly Automotives (India) Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Friendly Automotives (India) has 1 subsidiary company. This group structure data is as of FY 2021. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Friendly Homes India Private Limited | U45209KA2013PTC067518 |
To see the full group structure of Friendly Automotives (India) Private Limited, buy the company report.
GST
Friendly Automotives (India) has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AABCF7079A1ZN | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Friendly Automotives (India) Private Limited, buy the company report.
Recent activity
Friendly Automotives (India) Private Limited has 5 board changes on record since 2010: 2 appointments and 3 cessations. The latest: Nayak Subha was appointed as Director on 02 Jun 2022.
34 earlier events are in the company report.
Frequently asked questions
Friendly Automotives (India) is an active private limited company based in Bangalore, Karnataka, India. The company works in auto dealership and trading, within the automotive industry. It was incorporated on 20 December 2010 (16+ years old) and is registered under CIN U50102KA2010PTC056285.
Friendly Automotives (India) has 2 current directors:
- Raghuchaitanya Yashodhar Nayak - Managing Director
- Nayak Subha - Director
The latest financial statements of Friendly Automotives (India) on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 30 November 2021. Year-wise statements from 2015 are in the company report.
The GSTIN of Friendly Automotives (India) is 29AABCF7079A1ZN, registered in Karnataka. 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 Friendly Automotives (India) is U50102KA2010PTC056285. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Friendly Automotives (India) has 1 court case on record: 1 filed against it.
Friendly Automotives (India) was incorporated on 20 December 2010, making it 16+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Friendly Automotives (India) by revenue are Sids Motors Private Limited, Motorline Auto Private Limited, Saptagiri Auto Private Limited, HDN Motors Private Limited, Shanti Automart Private Limited and 2 more, all in the Automobiles industry (Auto and Components Dealers), with the same principal business activity (retail trading).
Nayak Subha was appointed as Director on 02 Jun 2022. Yashasvini Nagarajurs ceased to be Additional Director on 30 Nov 2021. Nayak Subha ceased to be Director on 27 Apr 2021. Friendly Automotives (India) has 5 board changes on record in total.
Friendly Automotives (India) can be reached through the website friendlygroups.org. Its registered office is in Bangalore, Karnataka, India.
The registered office of Friendly Automotives (India) is at Porsche Centre Bangalore Traan El Dorado #28 Lavelle Road, Karnataka, India – 560001.
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.
