- Category
- Small (2024-25)
- Udyam number
- UDYAM-PB-19-0001244

Friends Metals Private Limited
About Friends Metals Private Limited
Data last updated:
Friends Metals Private Limited is a private limited company based in Malerkotla, Punjab, India. It operates in the industrial maintenance and repair services segment of the engineering sector. It was incorporated on 04 December 1995 and has been in existence for over 31 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U28991PB1995PTC017373. Its GSTIN is 03AAACF2779G1ZT (Punjab). The company holds 3 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹15 Lakh. It is led by directors Sat Pal and Abhay Gupta.
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 Dhuri Roadmalerkotla Sangrur, Punjab, India – 148023.
As per the financials filed for FY 2024, the company reported a revenue of ₹8.45 Cr, a decline of 2% compared to the previous year. For the same year it recorded a net profit of ₹5.96 Lakh (net margin 0.7%) and EBITDA of ₹32.45 Lakh (EBITDA margin 3.8%). Revenue has grown at a compounded annual rate (CAGR) of 2% over three years and 8% over five years.
As per MCA filings, the company has open charges of ₹7.35 Cr and satisfied charges of ₹5.2 Cr on record. Court records list 6 cases involving the company, including 3 filed by the company and 3 filed against it; 2 cases are pending.
Friends Metals Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-PB-19-0001244). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Recognitions & Rankings of Friends Metals
Contact details
Friends Metals Private Limited's registered office is in Malerkotla, Punjab. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressDhuri Roadmalerkotla Sangrur, Punjab, India – 148023
- IndustryEngineering, Industrial Maintenance & Repair Services
To see the full contact details of Friends Metals 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 Friends Metals is manufacturing. In detail, this covers metal and metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products |
To see the full business activity and turnover split of Friends Metals Private Limited, buy the company report.
Financials of Friends Metals Private Limited
FY 2025 filings availableFriends Metals Private Limited reported revenue of ₹8.45 Cr (down 2% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue fell 2% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 8%. EBITDA fell 8% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹32.45 Lakh | ||||
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| Net Profit (PAT) | ₹5.96 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 3.8% | ||||
| Net Profit Margin | 0.7% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Friends Metals Private Limited, buy the company report.
Board of directors of Friends Metals Private Limited
Friends Metals has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sat Pal | Director | 04 Dec 1995 | 30 Years 11 Months | Current |
| Abhay Gupta | Director | 15 May 2008 | 18 Years 5 Months | Current |
Peer comparison
Friends Metals Private Limited is compared with the 5 companies closest to it by revenue in the Manufacturing industry (Cables and Wires, Metals), with the same principal business activity (metal and metal products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Sunland Recycling Industries Limited | ₹8.47 Cr (FY 2025) | -94.0% | Silvassa, Dadra and Nagar Haveli, India | |||
| Active Aluminium Private Limited | ₹8.47 Cr (FY 2025) | -75.0% | Ahmedabad, Gujarat, India | |||
| Ridhi Sidhi Steel and Strips Manufacturing Pvt Ltd | ₹8.46 Cr (FY 2025) | 22.0% | Raigad, Maharashtra, India | |||
| Friends Metals Private Limitedthis company | ₹8.45 Cr (FY 2024) | ₹5.96 Lakh | 0.7% | -2.0% | Malerkotla, Punjab, India | |
| Sri Raja Metal & Peb Industries Private Limited | ₹8.44 Cr (FY 2024) | 141.0% | Rajahmundry, Andhra Pradesh, India | |||
| Shri Brammaadurga Engineering Private Limited | ₹8.41 Cr (FY 2024) | 0.0% | Coimbatore, Tamil Nadu, India |
To see the full peer comparison of Friends Metals Private Limited, buy the company report.
Auditor
Friends Metals Private Limited is audited by raj kumar jindal & co for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| raj kumar jindal & co | FY 2023 | 009596N |
Shareholding
The shareholding of Friends Metals Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Friends Metals Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 17 Feb 2023 | 100683977 | Axis Bank Limited | ₹2.43 Cr | Open | |
| 27 Oct 2021 | 100501950 | Hdfc Bank Limited | ₹3 Lakh | Open | |
| 30 Jun 2011 | 10295858 | Hdfc Bank Limited | ₹2.37 Cr | Open | |
| 08 Jun 2011 | 10299165 | Hdfc Bank Limited | ₹2.37 Cr | Open | |
| 08 Jun 2001 | 90175216 | State Bank of India | ₹2 Lakh | Open |
To see the full charge records of Friends Metals Private Limited, buy the company report.
Total charge records: 10 View all charges
Legal cases
Friends Metals Private Limited has 6 court cases on record: 3 filed by Friends Metals, 3 filed against it. 2 cases are pending and 4 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 6 | 3 | 2 |
Cases on record (5 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Patiala, Punjab | Arbitration matter | Filed by the company against Punjab State Power Corporation Ltd Pspcl | Pending |
| District court, Patiala, Punjab | Arbitration matter | Filed by the company against Punjab State Power Corporation Ltd and 1 other | Disposed |
| District court, Patiala, Punjab | Execution petition | Filed against the company by Punjab State Power Corporation Ltd Through Is Chief Engineer | Disposed |
| District court, Malerkotla, Punjab | Execution petition | Filed against the company by Punjab State Power Corporation | Disposed |
| District court, Sangrur, Punjab | Execution petition | Filed against the company by Punjab State Power Corporation | Disposed |
To see the full case history of Friends Metals 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 Friends Metals Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Friends Metals has 3 GST registrations: 2 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 03AAACF2779G1ZT | Punjab | Active | 01 Jul 2017 |
| 03AAACF2779G1D2 | Punjab | Active | 28 Nov 2024 |
To see the full GST registrations and return filing status of Friends Metals Private Limited, buy the company report.
Recent activity
Friends Metals Private Limited has 7 board changes on record since 1995: 2 appointments and 5 cessations. The latest: Anil Kumar Jindal ceased to be Director on 21 Feb 2019.
17 earlier events are in the company report.
Frequently asked questions
Friends Metals is an active private limited company based in Malerkotla, Punjab, India. The company works in industrial maintenance and repair services, within the engineering industry. It was incorporated on 04 December 1995 (31+ years old) and is registered under CIN U28991PB1995PTC017373.
Friends Metals has 2 current directors:
- Sat Pal - Director
- Abhay Gupta - Director
The latest financial statements of Friends Metals 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 Friends Metals is 03AAACF2779G1ZT, registered in Punjab. The company has 3 GST registrations in all, of which 2 are active and 1 is cancelled or inactive. Other active GSTINs include 03AAACF2779G1D2 (Punjab).
The CIN (Corporate Identification Number) of Friends Metals is U28991PB1995PTC017373. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Friends Metals has 6 court cases on record: 3 filed by the company and 3 filed against it. 2 are pending.
Friends Metals was incorporated on 04 December 1995, making it 31+ years old. It is registered with the Registrar of Companies, Chandigarh.
The peers of Friends Metals by revenue are Sunland Recycling Industries Limited, Active Aluminium Private Limited, Ridhi Sidhi Steel and Strips Manufacturing Pvt Ltd, Sri Raja Metal & Peb Industries Private Limited, Shri Brammaadurga Engineering Private Limited, all in the Manufacturing industry (Cables and Wires, Metals), with the same principal business activity (metal and metal products).
Anil Kumar Jindal ceased to be Director on 21 Feb 2019. Pardeep Kumar ceased to be Director on 21 Feb 2019. Ajay Gupta ceased to be Director on 01 May 2010. Friends Metals has 7 board changes on record in total.
Yes, Friends Metals is registered as a small enterprise under Udyam registration (number: UDYAM-PB-19-0001244).
The registered office of Friends Metals is at Dhuri Roadmalerkotla Sangrur, Punjab, India – 148023.

