Friends Nirman Private Limited
About Friends Nirman Private Limited
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Friends Nirman Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Patel Engineering Limited. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 23 September 2004 and has been in existence for over 22 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U70101MH2004PTC308856. Its GSTIN is 19AAACF8971C1ZI (West Bengal).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹3.3 Lakh. It is led by directors Sibatosh Debnath and Dinesh Govind Patel.
Its last annual general meeting (AGM) was held on 20 August 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Ctc No.220 23 Plot C Bandivali Village Patel Estate Road Jogeshwari West, Mumbai, Maharashtra, India – 400102.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.37 Lakh, a growth of 7% compared to the previous year. For the same year it recorded a net loss of ₹2.8 Lakh (net margin -205.1%) and EBITDA of -₹72,270 (EBITDA margin -52.9%). Revenue has declined at a compounded annual rate (CAGR) of 7% over three years.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered AddressCtc No.220 23 Plot C Bandivali Village Patel Estate Road Jogeshwari West, Mumbai, Maharashtra, India – 400102
- IndustryReal Estate and Construction, Real Estate Builders & Developers
- 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
Financials of Friends Nirman Private Limited FY 2025 filings available
Friends Nirman Private Limited reported revenue of ₹1.37 Lakh (up 7% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Friends Nirman Private Limited
Revenue rose 7% in the latest year, though over three years it has declined at a compounded annual rate (CAGR) of 7%. EBITDA rose 38% 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 Friends Nirman Private Limited
| 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 | -₹72,270 | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹2.8 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 Friends Nirman Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -52.9% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -205.1% | •••• | •••• | •••• | •••• |
| 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 Friends Nirman 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.
Auditor Details of Friends Nirman Private Limited
Friends Nirman Private Limited is audited by G. S HORA & ASSOCIATES for the financial year 2017.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| G. S HORA & 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 Friends Nirman Private Limited
Friends Nirman 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 |
|---|---|---|---|---|
| Sibatosh Debnath Also directs: West Kameng Energy Private Limited, Dirang Energy Private Limited, Digin Hydro Power Private Limited and 5 more | Director | 31 Mar 2023 | 3 Years 6 Months | Current |
| Dinesh Govind Patel | Director | 31 Mar 2009 | 17 Years 6 Months | Current |
Ownership and Shareholding of Friends Nirman 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 Friends Nirman Private Limited
Friends Nirman Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Friends Nirman Private Limited
Employment history and EPFO contributions of people linked to Friends Nirman.
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.
CIN History of Friends Nirman Private Limited
Friends Nirman has one previous CIN (Corporate Identification Number): U70101WB2004PTC099918. The current CIN is U70101MH2004PTC308856, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U70101MH2004PTC308856 | Current |
| U70101WB2004PTC099918 | Previous |
Recent Activity on Friends Nirman Private Limited
Friends Nirman Private Limited has 7 board changes on record since 2009: 2 appointments and 5 cessations. The latest: Sibatosh Debnath ceased to be Additional Director on 16 Jul 2023.
Credit Ratings, Litigation & Regulatory Alerts for Friends Nirman 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.
MSME Payment Delays by Friends Nirman Private Limited
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 Friends Nirman 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 Friends Nirman Private Limited
Friends Nirman has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AAACF8971C1ZI | West Bengal | Active | 02 Jul 2020 |
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 Friends Nirman 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 Friends Nirman Private Limited
Friends Nirman is an active private limited company based in Mumbai, Maharashtra, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 23 September 2004 (22+ years old) and is registered under CIN U70101MH2004PTC308856.
Friends Nirman reported revenue of ₹1.37 Lakh for FY 2025 (up 7% YoY).
Friends Nirman has 2 current directors:
- Sibatosh Debnath - Director
- Dinesh Govind Patel - Director
Friends Nirman reported a net loss of ₹2.8 Lakh (net margin -205.1%) and EBITDA of -₹72,270 (EBITDA margin -52.9%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Friends Nirman is -7% over three years. In the latest year (FY 2025) revenue rose 7%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Friends Nirman is 19AAACF8971C1ZI, registered in West Bengal.
The CIN (Corporate Identification Number) of Friends Nirman is U70101MH2004PTC308856. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Friends Nirman was incorporated on 23 September 2004, making it 22+ years old. It is registered with the Registrar of Companies, Mumbai.
Sibatosh Debnath ceased to be Additional Director on 16 Jul 2023. Sibatosh Debnath was appointed as Director on 31 Mar 2023. Yasmin Mehboob Patel ceased to be Director on 31 Mar 2023. Friends Nirman has 7 board changes on record in total.
The registered office of Friends Nirman is at Ctc No.220 23 Plot C Bandivali Village Patel Estate Road Jogeshwari West, Mumbai, Maharashtra, India – 400102.