Faroma Foodtech Private Limited

Faroma Foodtech Private Limited - business services in Mumbai, Maharashtra, India. Directors, charges & compliance details.
CIN U74999MH2018PTC305287 Incorporated 20 February 2018 ROC Mumbai HQ Mumbai, Maharashtra, India
Struck Off Private Limited Company business services
Data last updated
Revenue · FY 2022
₹40 Lakh
▼ 93.24% YoY
Net profit · FY 2022
₹39.84 Lakh
Net margin 99.6%
EBITDA · FY 2022
₹39.84 Lakh
EBITDA margin 99.6%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹10,000
Issued & subscribed
Company age
8 yrs
Est. 2018
Directors on board
3
As per MCA filings
Active GSTINs
1
GST registered

About Faroma Foodtech Private Limited

Data last updated:

Faroma Foodtech Private Limited was a private limited company based in Mumbai, Maharashtra, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the service-based operations segment of the business services sector. It was incorporated on 20 February 2018.

The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH2018PTC305287. Its GSTIN is 27AADCF3125H1C7 (Maharashtra).

The company had an authorised share capital of ₹1 Lakh and a paid-up capital of ₹10,000. It was led by directors including Jangoo Minoo Dalal and Devendra Mahadeo Kamtekar.

Its last annual general meeting (AGM) was held on 13 June 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office was at 704 Vakratunda Corporate Park Goregaon (East) Off. Aarey Road, Mumbai, Maharashtra, India – 400063.

As per the financials filed for FY 2022, the company reported a revenue of ₹40 Lakh. For the same year it recorded a net profit of ₹39.84 Lakh (net margin 99.6%) and EBITDA of ₹39.84 Lakh (EBITDA margin 99.6%). Revenue has grown at a compounded annual rate (CAGR) of 95% over three years.

The company was associated with 1 brand: Faroma.

The last known website on record is faroma.in.

Company details

CIN U74999MH2018PTC305287
Registration Number 305287
Incorporation Date 20 February 2018
ROC Mumbai
Listing Status Unlisted
Company Status Struck Off
Date of Last AGM 13 June 2022
Date of Balance Sheet 31 March 2022

Contact details

Faroma Foodtech Private Limited's registered office is in Mumbai, Maharashtra. Its website is faroma.in. Its e-mail address is in the company report.

  • Email
  • Website
  • Registered Address
    704 Vakratunda Corporate Park Goregaon (East) Off. Aarey Road, Mumbai, Maharashtra, India – 400063
  • Industry
    Business Services, Other Services, Miscellaneous Business Activities

To see the full contact details of Faroma Foodtech Private Limited, buy the company report.

Comprehensive company report
Faroma Foodtech Private Limited - one report that includes everything
  • 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included

Brands

Faroma Foodtech operates one associated brand: Faroma. Each brand links to its own profile.

BrandDescriptionWebsite
Provides an online platform for food ordering and delivery services.faroma.in

Business activity

The main business activity of Faroma Foodtech is accommodation and food service. In detail, this covers food and beverage services provided by hotels, restaurants, caterers, etc..

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
IAccommodation and Food ServiceI2Food and beverage services provided by hotels, restaurants, caterers, etc.

To see the full business activity and turnover split of Faroma Foodtech Private Limited, buy the company report.

Financials of Faroma Foodtech Private Limited

FY 2022 filings available

Faroma Foodtech Private Limited reported revenue of ₹40 Lakh for FY 2022.

Revenue · FY 2022
₹40 Lakh
Net profit · FY 2022
₹39.84 Lakh margin 99.6%
EBITDA · FY 2022
₹39.84 Lakh margin 99.6%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
3 years · compounded
▲ 95%
EBITDA CAGR growth
3 years · compounded
▲ 44%

Revenue has grown at a compounded annual rate (CAGR) of 95% over three years. 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

MetricsFY 2021-22FY 2020-21FY 2019-20FY 2018-19FY 2017-18
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₹39.84 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)₹39.84 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

MetricsFY 2021-22FY 2020-21FY 2019-20FY 2018-19FY 2017-18
Profitability
EBITDA Margin99.6%
Net Profit Margin99.6%
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 Faroma Foodtech Private Limited, buy the company report.

Board of directors of Faroma Foodtech Private Limited

Faroma Foodtech has 3 directors on record. No former directors are listed.

Directors (as last reported)
NameDesignationAppointment DateTenureStatus
Jangoo Minoo DalalDirector20 Feb 20188 Years 8 MonthsAs last reported
Devendra Mahadeo KamtekarDirector20 Feb 20188 Years 8 MonthsAs last reported
Rishikesh Shrikant ShintreDirector20 Feb 20188 Years 8 MonthsAs last reported

Peer comparison

Faroma Foodtech Private Limited is compared with the 3 companies closest to it by revenue in the Ecommerce and Internet industry (Foodtech), with the same principal business activity (food and beverage services provided by hotels, restaurants, caterers, etc.), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Foodtech Ventures Private Limited₹49.32 Lakh (FY 2024)-53.0%Gurgaon, Haryana, India
Faroma Foodtech Private Limitedthis company₹40 Lakh (FY 2022)₹39.84 Lakh99.6%Mumbai, Maharashtra, India
Grazie Foodtech Private Limited₹39.65 Lakh (FY 2024)4257.0%Kolhapur, Maharashtra, India
Cuminz Foodtech Private Limited₹37.12 Lakh (FY 2022)Nelmangala, Karnataka, India

To see the full peer comparison of Faroma Foodtech Private Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Faroma Foodtech Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Faroma Foodtech has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
27AADCF3125H1C7MaharashtraActive31 May 2018

To see the full GST registrations and return filing status of Faroma Foodtech Private Limited, buy the company report.

Recent activity

Faroma Foodtech Private Limited has 3 board changes on record since 2018: 3 appointments. The latest: Devendra Mahadeo Kamtekar was appointed as Director on 20 Feb 2018.

AGM
Faroma Foodtech Private Limited last Annual general meeting of members was held on 13 Jun 2022 as per latest MCA records.
Filing
Faroma Foodtech Private Limited has filed its annual Financial statements for the year ended 31 Mar 2022 with Roc Mumbai.
Appointed
Devendra Mahadeo Kamtekar was appointed as Director.
Appointed
Jangoo Minoo Dalal was appointed as Director.
Appointed
Rishikesh Shrikant Shintre was appointed as Director.
Incorporation
20 Feb 2018
Faroma Foodtech Private Limited was registered on 20 Feb 2018 with Roc Mumbai & aged 8 years 8 months as per MCA records.

Frequently asked questions

Faroma Foodtech has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.

Faroma Foodtech was a private limited company based in Mumbai, Maharashtra, India. The company worked in other services, within the business services industry. It was incorporated on 20 February 2018 and is registered under CIN U74999MH2018PTC305287. The company has been struck off by the Registrar of Companies and is no longer operational.

Faroma Foodtech had 3 directors:

The CIN (Corporate Identification Number) of Faroma Foodtech is U74999MH2018PTC305287. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

The registered office of Faroma Foodtech is at 704 Vakratunda Corporate Park Goregaon East Off. Aarey Road, Mumbai, Maharashtra, India – 400063.

Faroma Foodtech was incorporated on 20 February 2018. It is registered with the Registrar of Companies, Mumbai.

Faroma Foodtech can be reached through the website faroma.in. Its registered office is in Mumbai, Maharashtra, India.

The latest financial statements of Faroma Foodtech on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 13 June 2022. Year-wise statements from FY 2018 are in the company report.

The GSTIN of Faroma Foodtech is 27AADCF3125H1C7, registered in Maharashtra.

Faroma Foodtech operated in the business services industry, in the other services segment. It worked in this industry before it was struck off.

The peers of Faroma Foodtech by revenue are Foodtech Ventures Private Limited, Grazie Foodtech Private Limited, Cuminz Foodtech Private Limited, all in the Ecommerce and Internet industry (Foodtech), with the same principal business activity (food and beverage services provided by hotels, restaurants, caterers, etc.).