Friends Realty Limited
About Friends Realty Limited
Data last updated:
Friends Realty Limited was a public limited company based in Mumbai, Maharashtra, India. The company has been converted to a Limited Liability Partnership (LLP) and no longer exists as a company. For the latest details, refer to the successor LLP. It operated in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 24 February 2007.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U70102MH2007PLC168131.
The company had an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh.
Its last annual general meeting (AGM) was held on 29 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office was at 302 Niranjan 99 Marine Drive, Mumbai, Maharashtra, India – 400002.
As per the financials filed for FY 2018, the company reported a revenue of ₹1.02 Lakh, a growth of 106% compared to the previous year. For the same year it recorded a net profit of ₹21,419 (net margin 21%) and EBITDA of ₹30,998 (EBITDA margin 30.4%). Revenue has grown at a compounded annual rate (CAGR) of 63% over three years.
Company details
Contact details
Friends Realty Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address302 Niranjan 99 Marine Drive, Mumbai, Maharashtra, India – 400002
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Friends Realty 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
Financials of Friends Realty Limited
FY 2018 filings availableFriends Realty Limited reported revenue of ₹1.02 Lakh (up 106% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 63% over three years, including 106% growth in the latest year. EBITDA rose 25% 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ||||
| Other Income | ||||
| Total Revenue | ₹1.02 Lakh | |||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | ₹30,998 | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | ₹21,419 | |||
| 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 30.4% | |||
| Net Profit Margin | 21% | |||
| 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 Realty Limited, buy the company report.
Board of directors of Friends Realty Limited
Friends Realty has 3 former directors on record and no current directors listed.
Peer comparison
Friends Realty Limited is compared with the 10 companies closest to it by revenue in the Real Estate industry (Builders and Developers), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Imarat Real Estate Developers Private Limited | ₹1.02 Lakh (FY 2021) | 41.0% | Bhubaneswar, Odisha, India | |||
| Findeans Technologies Private Limited | ₹1.02 Lakh (FY 2025) | -89.0% | New Delhi, Delhi, India | |||
| Arunodhaya Enterprises Limited | ₹1.02 Lakh (FY 2019) | -58.0% | Thiruchirapalli, Tamil Nadu, India | |||
| Randhawa Infrastructure Private Limited | ₹1.02 Lakh (FY 2025) | -84.0% | Haryana, India | |||
| Swaran Infrabuild Private Limited,. | ₹1.02 Lakh (FY 2025) | -46.0% | Fathehpur Beri, Delhi, India | |||
| Friends Realty Limitedthis company | ₹1.02 Lakh (FY 2018) | ₹21,419 | 21% | 106.0% | Mumbai, Maharashtra, India | |
| Lotus Castings Pvt Ltd | ₹1.02 Lakh (FY 2024) | -11.0% | Kolkata, West Bengal, India | |||
| DS Realty Arawli Private Limited | ₹1.02 Lakh (FY 2025) | 1116.0% | Delhi, India | |||
| Galaxy Prodev Private Limited | ₹1.02 Lakh (FY 2024) | 34.0% | Kolkata, West Bengal, India | |||
| Neolink Realities Private Limited | ₹1.02 Lakh (FY 2025) | 9.0% | Nagpur, Maharashtra, India | |||
| Durgesh Vinimay Pvt Ltd | ₹1.02 Lakh (FY 2024) | -99.0% | Howrah, West Bengal, India |
To see the full peer comparison of Friends Realty Limited, buy the company report.
Auditor
Friends Realty Limited is audited by ARVIND S JAIN & CO for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ARVIND S JAIN & CO | FY 2018 | 126311W |
Shareholding
The shareholding of Friends Realty Limited is on record for 3 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Friends Realty Limited, buy the company report.
Legal cases
No court or tribunal cases involving Friends Realty Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Friends Realty Limited; 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 Realty Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Friends Realty Limited has 3 board changes on record since 2019: 0 appointments and 3 cessations. The latest: Chandrakumar Jain ceased to be Director on 28 Apr 2019.
Frequently asked questions
Friends Realty has been "Converted to LLP" - the business changed its legal structure from a company to a Limited Liability Partnership. The original company no longer exists in its previous form. For the latest information, refer to the successor LLP entity registered with MCA.
Friends Realty was a public limited company based in Mumbai, Maharashtra, India. The company worked in real estate builders and developers, within the real estate and construction industry. It was incorporated on 24 February 2007 and is registered under CIN U70102MH2007PLC168131. For the latest details, refer to the successor LLP entity.
The CIN (Corporate Identification Number) of Friends Realty is U70102MH2007PLC168131. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Friends Realty was incorporated on 24 February 2007. It is registered with the Registrar of Companies, Mumbai.
The registered office of Friends Realty is at 302 Niranjan 99 Marine Drive, Mumbai, Maharashtra, India – 400002.
The latest financial statements of Friends Realty on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 29 September 2018. Year-wise statements from 2015 are in the company report.
Friends Realty operated in the real estate and construction industry, in the real estate builders and developers segment.
The peers of Friends Realty by revenue are Imarat Real Estate Developers Private Limited, Findeans Technologies Private Limited, Arunodhaya Enterprises Limited, Randhawa Infrastructure Private Limited, Swaran Infrabuild Private Limited. and 5 more, all in the Real Estate industry (Builders and Developers).
Chandrakumar Jain ceased to be Director on 28 Apr 2019. Niraj Popatlal Jain ceased to be Director on 28 Apr 2019. Vinodkumar Melaram Agarwal ceased to be Director on 28 Apr 2019.
The compliance status of Friends Realty is compliant as of 09 September 2026.
Friends Realty can be reached at its registered office: 302 Niranjan 99 Marine Drive, Mumbai, Maharashtra, India – 400002.