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Friends Ispat Limited (India)

Main Activities: Iron and Steel Mills and Ferroalloy Manufacturing
Full name: Friends Ispat Limited Profile Updated: April 02, 2026
Buy our report for this company USD 29.95 Most recent financial data: 2024 Available in: English Download a sample report

Friends Ispat Limited is a company in India, with a head office in Ahmedabad. The enterprise currently operates in the Iron and Steel Mills and Ferroalloy Manufacturing sector. The company was established on December 22, 1997. Friends Ispat Limited currently employs 21 (2024) people. From the latest financial highlights, Friends Ispat Limited reported a net sales revenue drop of 15.95% in 2024. During that time, Friends Ispat Limited’s total assets grew by 4.9%. The net profit margin of Friends Ispat Limited decreased by 0.02% in 2024.

Legal Address
Plot No.-1502- 1503, Nr. Darpan Ispat, Kerala Gidc, Taluka- Bavla,
Ahmedabad; Gujarat; Postal Code: 382220

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Basic Information
Total Employees:
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Registered Capital:
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Financial Auditors:
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Incorporation Date:
December 22, 1997
Key Executives
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Promoter Director
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Promoter Director
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Promoter Director
Ownership Details
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45.8%
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0.01%
Subsidiaries
Gng Steels Private Limited
20.57%
Company Performance
Financial values in the chart are available after Friends Ispat Limited report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency INR. Absolute financial data is included in the purchased report.
Net sales revenue
-15.95%
Total Operating Revenue
-16.14%
Operating Profit
-11.57%
EBITDA
-8.57%
Net Profit/Loss for the Period
-25.49%
Total Assets
4.9%
Total Equity
1.4%
Operating Profit Margin
0.04%
Net Profit Margin
-0.02%
Return on Equity (ROE)
-0.5%
Debt / Equity
7.29%
Quick Ratio
-0.02%

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