About Fountainhead Retail Private Limited
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Fountainhead Retail Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the fashion retail segment of the fashion and textiles sector. It was incorporated on 31 May 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U52100MH2012PTC231699. Its GSTIN is 27AACCF0120D1ZG (Maharashtra).
The company has an authorised share capital of ₹2 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Harshad Jagdish Daswani and Jagdish Tarachand Daswani.
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 146 Az Ind Premises Gk Marg Lower Parel, Mumbai, Maharashtra, India – 400013.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.03 Cr, a decline of 34% compared to the previous year. For the same year it recorded a net loss of ₹11.18 Lakh (net margin -10.9%) and EBITDA of -₹11 Lakh (EBITDA margin -10.7%). Revenue has declined at a compounded annual rate (CAGR) of 4% over three years and 6% 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 fountainheadexports.com.
Company details
Contact details
Fountainhead Retail Private Limited's registered office is in Mumbai, Maharashtra. Its website is fountainheadexports.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address146 Az Ind Premises Gk Marg Lower Parel, Mumbai, Maharashtra, India – 400013
- IndustryFashion and Textile, Fashion Retail
To see the full contact details of Fountainhead Retail 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 Fountainhead Retail is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Fountainhead Retail Private Limited, buy the company report.
Financials of Fountainhead Retail Private Limited
FY 2025 filings availableFountainhead Retail Private Limited reported revenue of ₹1.03 Cr (down 34% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 6% over five years, including a 34% fall in the latest year. EBITDA fell 220% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | -₹11 Lakh | ||||
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| Net Profit (PAT) | -₹11.18 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | -10.7% | ||||
| Net Profit Margin | -10.9% | ||||
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To see the full financial statements and ratios of Fountainhead Retail Private Limited, buy the company report.
Board of directors of Fountainhead Retail Private Limited
Fountainhead Retail has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Harshad Jagdish Daswani | Director | 31 May 2012 | 14 Years 4 Months | Current |
| Jagdish Tarachand Daswani | Director | 31 May 2012 | 14 Years 4 Months | Current |
Peer comparison
Fountainhead Retail Private Limited is compared with the 6 companies closest to it by revenue in the Apparel industry (Apparel Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Freewheel Sports Private Limited | ₹1.03 Cr (FY 2023) | -26.0% | Gurgaon, Haryana, India | |||
| Ruturaj Garments Private Limited | ₹1.03 Cr (FY 2022) | 348.0% | Ward No, Nac Udala, Orissa, India | |||
| Salem Cottons Private Limited | ₹1.03 Cr (FY 2024) | -2.0% | Salem, Tamil Nadu, India | |||
| Fountainhead Retail Private Limitedthis company | ₹1.03 Cr (FY 2025) | -₹11.18 Lakh | -10.9% | -34.0% | Mumbai, Maharashtra, India | |
| Aries Fashions Private Limited | ₹1.02 Cr (FY 2024) | -43.0% | New Delhi, Delhi, India | |||
| Aesthetic Solutions Private Limited | ₹1.02 Cr (FY 2024) | -15.0% | Chandiagrh, Chandigarh, India | |||
| Lata Apparels Private Limited | ₹1.02 Cr (FY 2024) | 12.0% | Uttar Pradesh, India |
To see the full peer comparison of Fountainhead Retail Private Limited, buy the company report.
Auditor
Fountainhead Retail Private Limited is audited by GAMI ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| GAMI ASSOCIATES | FY 2023 | 112153W |
Shareholding
The shareholding of Fountainhead Retail Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Fountainhead Retail Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Fountainhead Retail 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
Fountainhead Retail Private Limited has 5 MSME Form 1 returns on record between 2019 and 2024, listing 31 overdue payments to 20 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 20)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| Impact Labs Private Limited | |||
| Gami Associates | |||
| Delhivery Limited | |||
| Decathlon Sports India Private Limited |
To see the full MSME payment records of Fountainhead Retail Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Fountainhead Retail has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCF0120D1ZG | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Fountainhead Retail Private Limited, buy the company report.
Recent activity
Fountainhead Retail Private Limited has 2 board changes on record since 2012: 2 appointments. The latest: Harshad Jagdish Daswani was appointed as Director on 31 May 2012.
Frequently asked questions
Fountainhead Retail is an active private limited company based in Mumbai, Maharashtra, India. The company works in fashion retail, within the fashion and textile industry. It was incorporated on 31 May 2012 (14+ years old) and is registered under CIN U52100MH2012PTC231699.
Fountainhead Retail has 2 current directors:
- Harshad Jagdish Daswani - Director
- Jagdish Tarachand Daswani - Director
The latest financial statements of Fountainhead Retail on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Fountainhead Retail is 27AACCF0120D1ZG, registered in Maharashtra.
The CIN (Corporate Identification Number) of Fountainhead Retail is U52100MH2012PTC231699. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Fountainhead Retail was incorporated on 31 May 2012, making it 14+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Fountainhead Retail by revenue are Freewheel Sports Private Limited, Ruturaj Garments Private Limited, Salem Cottons Private Limited, Aries Fashions Private Limited, Aesthetic Solutions Private Limited and 1 more, all in the Apparel industry (Apparel Retail and Distribution), with the same principal business activity (wholesale trading).
Harshad Jagdish Daswani was appointed as Director on 31 May 2012. Jagdish Tarachand Daswani was appointed as Director on 31 May 2012.
Fountainhead Retail has 5 MSME Form 1 returns on record between 2019 and 2024, listing 31 overdue payments to 20 micro and small suppliers. The latest return was filed on 07 May 2024.
Fountainhead Retail can be reached through the website fountainheadexports.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Fountainhead Retail is at 146 Az Ind Premises Gk Marg Lower Parel, Mumbai, Maharashtra, India – 400013.
Fountainhead Retail operates in the fashion and textile industry, in the fashion retail segment.