About Foresight Digital Private Limited
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Foresight Digital Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the business and IT consulting segment of the business process outsourcing sector. It was incorporated on 12 November 1986 and has been in existence for over 40 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U62099GJ1986PTC009154. Its GSTIN is 24AAACF5962F1ZS (Gujarat).
The company has an authorised share capital of ₹2 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Fitmec Services Private Limited. It is led by directors Ramubhai Shankarlal Patel and Ketul Ramubhai Patel.
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 Ahmedabad, Gujarat.
As per the financials filed for FY 2024, the company reported a revenue of ₹54.99 Lakh, a growth of 4% compared to the previous year. For the same year it recorded a net profit of ₹13.77 Lakh (net margin 25%) and EBITDA of ₹17.78 Lakh (EBITDA margin 32.3%). Revenue has grown at a compounded annual rate (CAGR) of 12% over three years and 9% over five years.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website fitmec.com.
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- Registered AddressRspc House Block B Neptune Corporate Hub, Nr Pandit Dindayal Auditorium Rajpath Rangoli Road, Ahmedabad, Gujarat, India – 380054
- IndustryBusiness Outsourcing, Business & IT Consulting
- 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
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Business Activity of Foresight Digital Private Limited
The main business activity of Foresight Digital is professional, scientific and technical. In detail, this covers accounting, book keeping and auditing activities, tax consultancy.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M2 | Accounting, book keeping and auditing activities, tax consultancy | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Foresight Digital Private Limited FY 2025 filings available
Foresight Digital Private Limited reported revenue of ₹54.99 Lakh (up 4% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Foresight Digital Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 9% over five years, including 4% growth in the latest year. EBITDA rose 8% 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 Foresight Digital Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | ₹17.78 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹13.77 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 Foresight Digital Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 32.3% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 25% | •••• | •••• | •••• | •••• |
| 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 Foresight Digital 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.
Peer Comparison of Foresight Digital Private Limited
Foresight Digital Private Limited is compared with the companies closest to it by revenue in the Outsourcing industry (Consulting Services). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Abhishek Bansal Distribution Private Limited | ₹55.05 Lakh (FY 2024) | •••• | •••• | 25.0% | •••• | Gurgaon, Haryana, India |
| B P Ventures Private Limited | ₹55.04 Lakh (FY 2025) | •••• | •••• | 12.0% | •••• | Chennai, Tamil Nadu, India |
| Technousa Consulting Services Private Limited | ₹55.01 Lakh (FY 2024) | •••• | •••• | 13.0% | •••• | New Delhi, Delhi, India |
| Cache Consulting Services (OPC) Private Limited | ₹55 Lakh (FY 2025) | •••• | •••• | 442.0% | •••• | Lucknow, Uttar Pradesh, India |
| Voxbourne Services Private Limited | ₹55 Lakh (FY 2022) | •••• | •••• | -21.0% | •••• | Bhopal, Madhya Pradesh, India |
| Foresight Digital Private Limited this company | ₹54.99 Lakh (FY 2024) | •••• | •••• | 4.0% | •••• | Ahmedabad, Gujarat, India |
| Economic and Commercial Advisory Services (India) Private Limited | ₹54.97 Lakh (FY 2024) | •••• | •••• | -42.0% | •••• | Chennai, Tamil Nadu, India |
| Ky2sc Channels Private Limited | ₹54.96 Lakh (FY 2024) | •••• | •••• | 48.0% | •••• | Ahmedabad, Gujarat, India |
| Sound Home Private Limited | ₹54.91 Lakh (FY 2025) | •••• | •••• | 388.0% | •••• | Kolkata, West Bengal, India |
| Decent Environ Products Private Limited | ₹54.88 Lakh (FY 2020) | •••• | •••• | 15.0% | •••• | New Delhi, Delhi, India |
| Aarnavitt Enterprises Private Limited | ₹54.85 Lakh (FY 2025) | •••• | •••• | 29.0% | •••• | Thane, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Foresight Digital by revenue in the Outsourcing industry (Consulting Services), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Board of Directors of Foresight Digital Private Limited
Foresight Digital has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ramubhai Shankarlal Patel | Director | 12 Nov 1986 | 39 Years 10 Months | Current |
| Ketul Ramubhai Patel | Director | 01 Sep 1997 | 29 Years 1 Months | Current |
Charges & Borrowings of Foresight Digital Private Limited
Foresight Digital Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Foresight Digital Private Limited
Employment history and EPFO contributions of people linked to Foresight Digital.
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 Foresight Digital Private Limited
Foresight Digital has one previous CIN (Corporate Identification Number): U74140GJ1986PTC009154. The current CIN is U62099GJ1986PTC009154, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U62099GJ1986PTC009154 | Current |
| U74140GJ1986PTC009154 | Previous |
Recent Activity on Foresight Digital Private Limited
Foresight Digital Private Limited has 2 board changes on record since 1986: 2 appointments. The latest: Ketul Ramubhai Patel was appointed as Director on 01 Sep 1997.
Credit Ratings, Litigation & Regulatory Alerts for Foresight Digital 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 Foresight Digital 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 Foresight Digital 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 Foresight Digital Private Limited
Foresight Digital has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAACF5962F1ZS | Gujarat | Active | 01 Jul 2017 |
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 Foresight Digital 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 Foresight Digital Private Limited
Foresight Digital is an active private limited company based in Ahmedabad, Gujarat, India. The company works in business and IT consulting, within the business outsourcing industry. It was incorporated on 12 November 1986 (40+ years old) and is registered under CIN U62099GJ1986PTC009154.
Foresight Digital reported revenue of ₹54.99 Lakh for FY 2024 (up 4% YoY).
Foresight Digital has 2 current directors:
- Ramubhai Shankarlal Patel - Director
- Ketul Ramubhai Patel - Director
Foresight Digital reported a net profit of ₹13.77 Lakh (net margin 25%) and EBITDA of ₹17.78 Lakh (EBITDA margin 32.3%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Foresight Digital is 12% over three years and 9% over five years. In the latest year (FY 2024) revenue rose 4%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Foresight Digital is 24AAACF5962F1ZS, registered in Gujarat.
The CIN (Corporate Identification Number) of Foresight Digital is U62099GJ1986PTC009154. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Foresight Digital was incorporated on 12 November 1986, making it 40+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Foresight Digital by revenue are Abhishek Bansal Distribution Private Limited, B P Ventures Private Limited, Technousa Consulting Services Private Limited, Cache Consulting Services (OPC) Private Limited, Voxbourne Services Private Limited and 5 more, all in the Outsourcing industry (Consulting Services).
Ketul Ramubhai Patel was appointed as Director on 01 Sep 1997. Ramubhai Shankarlal Patel was appointed as Director on 12 Nov 1986.
Foresight Digital can be reached through the website fitmec.com. Its registered office is in Ahmedabad, Gujarat, India.