Forever Farms Private Limited
About Forever Farms Private Limited
Data last updated:
Forever Farms Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the crop production segment of the agriculture sector. It was incorporated on 21 May 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U02005MH2007PTC170994.
The company has an authorised share capital of ₹2 Lakh and a paid-up capital of ₹2 Lakh. It is led by directors Ashish Satyaprakash Jagnani and Veena Jagnani Ashish.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 120B Madhuban Apartments Worli Hill Road Worli, Mumbai, Maharashtra, India – 400018.
As per the financials filed for FY 2024, the company reported a revenue of ₹10.8 Lakh, a growth of 1% compared to the previous year. For the same year it recorded a net loss of ₹2.33 Lakh (net margin -21.6%) and EBITDA of ₹77,190 (EBITDA margin 7.1%). Revenue has grown at a compounded annual rate (CAGR) of 12% over three years and 1% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Forever Farms Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address120B Madhuban Apartments Worli Hill Road Worli, Mumbai, Maharashtra, India – 400018
- IndustryAgriculture, Crop Production
To see the full contact details of Forever Farms Private 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
Business activity
The main business activity of Forever Farms is agriculture, forestry, fishing. In detail, this covers support activities to agriculture and other activities including hunting.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| A | Agriculture, forestry, fishing | A4 | Support activities to agriculture and Other Activities including hunting |
To see the full business activity and turnover split of Forever Farms Private Limited, buy the company report.
Financials of Forever Farms Private Limited
FY 2024 filings availableForever Farms Private Limited reported revenue of ₹10.8 Lakh (up 1% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 1% over five years, including 1% growth in the latest year. EBITDA fell 59% 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 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 | ₹77,190 | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹2.33 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 7.1% | ||||
| Net Profit Margin | -21.6% | ||||
| 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 Forever Farms Private Limited, buy the company report.
Board of directors of Forever Farms Private Limited
Forever Farms has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ashish Satyaprakash Jagnani | Director | 26 Apr 2010 | 16 Years 6 Months | Current |
| Veena Jagnani Ashish | Director | 22 May 2007 | 19 Years 5 Months | Current |
Peer comparison
Forever Farms Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (support activities to agriculture and other activities including hunting), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Shri Ragavendraa Digital Private Limited | ₹10.82 Lakh (FY 2025) | 16.0% | Uthiramerur, Tamil Nadu, India | |||
| Salaks Acres Private Limited | ₹10.81 Lakh (FY 2025) | Bangalore, Karnataka, India | ||||
| Shubhodaya Rural Business Incubator Farmers Federation | ₹10.81 Lakh (FY 2025) | -84.0% | Bidar, Karnataka, India | |||
| Pahus Fresh Fields Private Limited | ₹10.81 Lakh (FY 2024) | -85.0% | Ranchi, Jharkhand, India | |||
| Nav Uday Integrated Farming Private Limited | ₹10.8 Lakh (FY 2025) | 19.0% | Rampur, Uttar Pradesh, India | |||
| Forever Farms Private Limitedthis company | ₹10.8 Lakh (FY 2024) | -₹2.33 Lakh | -21.6% | 1.0% | Mumbai, Maharashtra, India | |
| Khingtai Organic Agro Producer Company Limited | ₹10.79 Lakh (FY 2025) | 17.0% | Namsai, Arunachal Pradesh, India | |||
| Curing Biotech Farmer Producer Company Limited | ₹10.78 Lakh (FY 2025) | -12.0% | Badaun, Uttar Pradesh, India | |||
| Nari Shakti Farmer Producer Company Limited | ₹10.77 Lakh (FY 2025) | 54.0% | Raebareillly, Uttar Pradesh, India | |||
| Jankrupa Farmers Producer Company Limited | ₹10.77 Lakh (FY 2024) | 52.0% | Yavatmal, Maharashtra, India | |||
| PGSB Farmer Producer Company Limited | ₹10.77 Lakh (FY 2024) | -40.0% | Chandwar, Jharkhand, India |
To see the full peer comparison of Forever Farms Private Limited, buy the company report.
Auditor
Forever Farms Private Limited is audited by JOYDALIA&CO for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| JOYDALIA&CO | FY 2017 | 104460W |
Shareholding
The shareholding of Forever Farms Private Limited 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 Forever Farms Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Forever Farms Private 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 Forever Farms Private 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 Forever Farms Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Forever Farms Private Limited has 3 board changes on record since 2007: 2 appointments and 1 cessation. The latest: Ashish Satyaprakash Jagnani was appointed as Director on 26 Apr 2010.
Frequently asked questions
Forever Farms is an active private limited company based in Mumbai, Maharashtra, India. The company works in crop production, within the agriculture industry. It was incorporated on 21 May 2007 (19+ years old) and is registered under CIN U02005MH2007PTC170994.
Forever Farms has 2 current directors:
- Ashish Satyaprakash Jagnani - Director
- Veena Jagnani Ashish - Director
The latest financial statements of Forever Farms on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Forever Farms is U02005MH2007PTC170994. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Forever Farms was incorporated on 21 May 2007, making it 19+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Forever Farms by revenue are Shri Ragavendraa Digital Private Limited, Salaks Acres Private Limited, Shubhodaya Rural Business Incubator Farmers Federation, Pahus Fresh Fields Private Limited, Nav Uday Integrated Farming Private Limited and 5 more, all in the same principal business activity (support activities to agriculture and other activities including hunting).
Ashish Satyaprakash Jagnani was appointed as Director on 26 Apr 2010. Neha Modani ceased to be Director on 26 Apr 2010. Veena Jagnani Ashish was appointed as Director on 22 May 2007.
The registered office of Forever Farms is at 120B Madhuban Apartments Worli Hill Road Worli, Mumbai, Maharashtra, India – 400018.
Forever Farms operates in the agriculture industry, in the crop production segment.
The compliance status of Forever Farms is compliant as of 21 August 2026. The company is actively filing with the Registrar of Companies.
Forever Farms can be reached at its registered office: 120B Madhuban Apartments Worli Hill Road Worli, Mumbai, Maharashtra, India – 400018.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
