Friends Properties Pvt Ltd
About Friends Properties Pvt Ltd
Data last updated:
Friends Properties Pvt Ltd is a private limited company based in Mumbai, Maharashtra, India. It operates in the retail trading segment of the trading and commerce sector. It was incorporated on 06 June 1942 and has been in existence for over 84 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U70100MH1942PTC003613.
The company has an authorised share capital of ₹2 Lakh and a paid-up capital of ₹1.1 Lakh. It is led by directors Girish Chhotalal Joshi and Anand Girish Joshi.
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 Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹40,318, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹14,432 (net margin -35.8%) and EBITDA of -₹14,432 (EBITDA margin -35.8%). Revenue has declined at a compounded annual rate (CAGR) of 243% over three years and 25% over five years.
Court records list 4 cases involving the company, including 4 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Friends Properties Pvt Ltd's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address109 Plot No 105 A Champaklal Industrial Estate, Sion Road No 29 Next To Sion Telephone Exchange Sion East, Mumbai, Maharashtra, India – 400022
- IndustryTrading, Retail Trading, Retailers
To see the full contact details of Friends Properties Pvt Ltd, 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 Properties is administrative and support service activities. In detail, this covers office administrative, office support and other business support activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Administrative and support service activities | 82 | Office administrative, office support and other business support activities |
To see the full business activity and turnover split of Friends Properties Pvt Ltd, buy the company report.
Financials of Friends Properties Pvt Ltd
FY 2025 filings availableFriends Properties Pvt Ltd reported revenue of ₹40,318 (up 3932% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 25% over five years. EBITDA rose 73% 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 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 | -₹14,432 | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹14,432 | ||||
| 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -35.8% | ||||
| Net Profit Margin | -35.8% | ||||
| 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 Friends Properties Pvt Ltd, buy the company report.
Board of directors of Friends Properties Pvt Ltd
Friends Properties has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Girish Chhotalal Joshi Also directs: Khiyera Technologies LLP, Bardoli Agro Industries Private Limited, H C Shethia and Co Pvt Ltd and 3 more | Director | 01 Jun 1957 | 69 Years 4 Months | Current |
| Anand Girish Joshi Also directs: Khiyera Technologies LLP, Bardoli Agro Industries Private Limited, H C Shethia and Co Pvt Ltd and 4 more | Director | 10 Mar 2017 | 9 Years 7 Months | Current |
Peer comparison
Friends Properties Pvt Ltd is compared with the 10 companies closest to it by revenue in the same principal business activity (office administrative, office support and other business support activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| KB Hind Rises Private Limited | ₹42,188 (FY 2025) | 41261.0% | Deoria Sadar, Uttar Pradesh, India | |||
| K S Exim Limited | ₹42,100 (FY 2025) | -85.0% | Delhi, India | |||
| Sadabahar Tracon Pvt.Ltd. | ₹42,000 (FY 2025) | -15.0% | Kolkata, West Bengal, India | |||
| Liaison Agencies Private Limited | ₹41,400 (FY 2025) | 5.0% | Kolkata, West Bengal, India | |||
| Apca Media Resources Pvt. Ltd. | ₹40,919 (FY 2025) | 10.0% | Delhi, India | |||
| Friends Properties Pvt Ltdthis company | ₹40,318 (FY 2025) | -₹14,432 | -35.8% | 3932.0% | Mumbai, Maharashtra, India | |
| Lawn Chair Studios Private Limited | ₹40,039 (FY 2025) | -88.0% | Mumbai, Maharashtra, India | |||
| Hunki Dairy & Agro Products Private Limited | ₹40,000 (FY 2025) | -27.0% | Bangalore, Karnataka, India | |||
| International Consultants Private Limited | ₹40,000 (FY 2025) | -62.0% | New Delhi, Delhi, India | |||
| Pro-Recruit Services Private Limited | ₹40,000 (FY 2024) | Mumbai, Maharashtra, India | ||||
| S3 Techzulla Private Limited | ₹39,308 (FY 2025) | -98.0% | Mohali, Punjab, India |
To see the full peer comparison of Friends Properties Pvt Ltd, buy the company report.
Auditor
Friends Properties Pvt Ltd is audited by N. S.GOKHALE AND COMPANY for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| N. S.GOKHALE AND COMPANY | FY 2017 | 103270W |
Shareholding
The shareholding of Friends Properties Pvt Ltd is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Friends Properties Pvt Ltd, buy the company report.
Legal cases
Friends Properties Pvt Ltd has 4 court cases on record: 4 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 2 | 0 |
| High courts | 2 | 2 | 0 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai City Civil Court, Maharashtra | Interim or miscellaneous application | Filed against the company by Sonal Development Corporation and 2 Ors | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Civil suit | Filed against the company by Sonal Development Corporation and 2 Ors and 2 others | Disposed |
| Bombay High Court | Court case (CHOL) | Filed against the company by Sonal Development Corporation and 2 Ors | Disposed |
| Bombay High Court | Court case (S) | Filed against the company by Sonal Development Corporation and 2 Ors | Disposed |
To see the full case history of Friends Properties Pvt Ltd, 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 Properties Pvt Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Friends Properties Pvt Ltd; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Friends Properties Pvt Ltd has 4 board changes on record since 1957: 2 appointments and 2 cessations. The latest: Naishad Ashwin Joshi ceased to be Director on 29 Mar 2019.
Frequently asked questions
Friends Properties is an active private limited company based in Mumbai, Maharashtra, India. The company works in retail trading, within the trading industry. It was incorporated on 06 June 1942 (84+ years old) and is registered under CIN U70100MH1942PTC003613.
Friends Properties has 2 current directors:
- Girish Chhotalal Joshi - Director
- Anand Girish Joshi - Director
The latest financial statements of Friends Properties 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 CIN (Corporate Identification Number) of Friends Properties is U70100MH1942PTC003613. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Friends Properties has 4 court cases on record: 4 filed against it. Most are in the district courts.
Friends Properties was incorporated on 06 June 1942, making it 84+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Friends Properties by revenue are KB Hind Rises Private Limited, K S Exim Limited, Sadabahar Tracon Pvt.Ltd, Liaison Agencies Private Limited, Apca Media Resources Pvt. Ltd. and 5 more, all in the same principal business activity (office administrative, office support and other business support activities).
Naishad Ashwin Joshi ceased to be Director on 29 Mar 2019. Anand Girish Joshi was appointed as Director on 10 Mar 2017. Kamalakant Chhotalal Joshi ceased to be Director on 25 Dec 2011. Friends Properties has 4 board changes on record in total.
The registered office of Friends Properties is at 109 Plot No 105 A Champaklal Industrial Estate, Sion Road No 29 Next To Sion Telephone Exchange Sion East, Mumbai, Maharashtra, India – 400022.
Friends Properties operates in the trading industry, in the retail trading segment.
The compliance status of Friends Properties is compliant as of 15 September 2026. The company is actively filing with the Registrar of Companies.