Foce India

Mumbai, India Founded: 2001 • Age: 25 yrs Listed
Internet first brand offering watches for men and women

About Foce India

Foce India is a publicly listed company based in Mumbai (India) founded in 2001. Internet first brand offering watches for men and women. The company has 8 employees. Its chief executive, as recorded, is Manoj Sitaram Agarwal. Its website foceindia.com draws about 14 thousand monthly visits. Its Indian entity Foce India Limited reported revenue of β‚Ή146 Cr. Its focus areas include Consumer Goods, Fashion Accessories, Watches & Jewelry and Watches. Its competitors include Pipa β€’ Bella, Chokore and Lois Caron; 1 of its 3 listed competitors has raised funding.

Company details

Foce India was established in 2001 and is based in Mumbai, India. Operations focus on the watches sector, where products for men and women are distributed primarily through online channels. The catalog features variations in colors, dial sizes, and patterns. Leadership is provided by CEO Manoj Sitaram Agarwal, with the company maintaining a direct-to-consumer model in the accessories industry.

  • Headquarters Mumbai, India
  • Employees 8
  • Stage Public
  • Sectors
    Consumer
  • Email
    β€’β€’β€’β€’β€’β€’β€’β€’
  • Phone
    β€’β€’β€’β€’ β€’β€’β€’β€’
  • Website foceindia.com
  • Social Facebook
  • Legal Name Foce India Limited
  • Date of Incorporation 10 Jan, 2001
  • Jurisdiction Mumbai, Maharashtra, India
Key Metrics
  • Market Cap
    ₹675 Cr

    FOCE-SM · NSE

  • Share Price
    ₹575.00

    0.00% today

  • Revenue
    ₹145 Cr

    FY 2025-26 · +39.4% YoY

  • EBITDA
    ₹20.01 Cr

    Margin 13.8%

  • Net Profit
    ₹14.96 Cr

    FY 2025-26 · +4.0% YoY

  • P/E (TTM)
    45.1x

    P/B 7.2x

  • Employee Count
    8

Board of directors of Foce India Limited (Foce India)

Foce India Limited is the primary company behind Foce India. The board of Foce India Limited currently have 6 directors; the longest-serving is Manoj Kumar Agarwal, appointed in 2002. 9 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Manoj Kumar Agarwal
DIN 00159601
Managing Director29 Mar 200224 yrs 7 moFoce India Limited
Utkarsh Agarwal
DIN 08021945
Director21 Apr 20215 yrs 6 moFoce India Limited
Rekha Agarwal
DIN 09178194
Director05 Jul 20215 yrs 3 moFoce India Limited
Abhilasha Chaudhary
DIN 07898481
Director05 Jul 20215 yrs 3 moFoce India Limited
Lalit Kumar Tapadia
DIN 08117881
Director05 Jul 20215 yrs 3 moFoce India Limited
Anita Manoj Agarwal
DIN 00357097
Director27 May 20265 moFoce India Limited

People of Foce India

1 people are tracked at Foce India (1 in leadership); the tracked headcount is 8.

NameRoleGroup
CEOLeadership
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IPO & Listings of Foce India

Foce India is a publicly listed company on the NSE with ticker symbol FOCE in India, operating in the Consumer durables sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.

  • IPO date28 Dec 2021
  • Listed onNSE: FOCE
  • Listed entityFoce India Limited
  • Exchange sectorConsumer durables

Financials of Foce India

Exchange-reported figures of Foce India Limited, the listed company behind Foce India (NSE: FOCE-SM).

Financial Highlights

FY 2025-26 Β· Consolidated
Revenue
₹145 Cr
+39.4% YoY
EBITDA
₹20.01 Cr
+8.5% YoY
Profit After Tax
₹14.96 Cr
+4.0% YoY
Net Worth
₹93.56 Cr
+18.7% YoY
Total Assets
₹144 Cr
+32.7% YoY
Total Debt
₹47.91 Cr
+59.3% YoY

Revenue vs Net Profit ₹ Cr

Margin trends

Financial summary ₹ Cr

MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Income statement
Revenue14510480.2557.7118776.90
Revenue growth+39.4%+29.9%+39.1%-69.2%+143.3%-
EBITDA20.0118.4520.1311.2011.442.69
EBITDA margin+13.8%+17.7%+25.1%+19.4%+6.1%+3.5%
Profit before tax18.7017.9019.3410.5111.482.67
Net profit14.9614.3815.908.488.971.99
Net profit margin+10.3%+13.8%+19.8%+14.7%+4.8%+2.6%
EPS (β‚Ή)12.5629.4432.4817.3818.944.99
Balance sheet
Total assets14410986.2766.1441.8910.66
Net worth93.5678.8164.4148.4640.1810.66
Total debt47.9130.0821.8617.681.700.00
Cash & bank0.490.841.461.000.402.49
Net working capital64.4635.5628.978.5128.0910.61
Cash flow
Cash from operations1.2415.250.2744.84(8.85)3.10
Cash from investing(6.66)(15.86)0.18(44.24)(13.50)(0.05)
Cash from financing5.060.000.000.0020.26(0.70)
MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income statement
Revenue56.6235.8216.5314.5514976.9054.44
Revenue growth+58.1%+116.7%+13.6%-90.2%+93.7%+41.3%-
EBITDA2.411.481.270.714.992.692.20
EBITDA margin+4.3%+4.1%+7.7%+4.9%+3.4%+3.5%+4.0%
Profit before tax1.711.300.650.295.132.672.18
Net profit1.280.970.490.163.741.991.60
Net profit margin+2.3%+2.7%+3.0%+1.1%+2.5%+2.6%+2.9%
EPS (β‚Ή)1.081.991.000.387.874.994.02
Balance sheet
Total assets10083.0359.8561.3636.0510.669.38
Net worth37.7136.4435.4634.9834.7610.668.79
Total debt62.6946.5924.3926.381.290.000.58
Cash & bank0.100.281.060.510.252.490.14
Net working capital97.6280.4457.7759.2524.6010.619.34
Cash flow
Cash from operations(0.01)(0.30)0.55(9.10)(11.23)3.10(1.11)
Cash from investing(0.16)(0.49)0.009.04(10.93)(0.05)0.00
Cash from financing0.000.000.000.3221.22(0.70)0.65

Financial Statements

Figures in ₹ Cr; negatives in brackets. Updated 30 Oct 2026
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Revenue14510480.2557.7118776.90
Revenue growth+39.4%+29.9%+39.1%-69.2%+143.3%-
Other income0.390.390.130.080.170.00
Total expenses12585.8060.1246.5117674.21
Employee cost0.000.390.420.650.440.31
EBITDA20.0118.4520.1311.2011.442.69
EBITDA margin+13.8%+17.7%+25.1%+19.4%+6.1%+3.5%
Depreciation0.300.240.280.320.130.02
Interest1.400.700.640.450.000.00
Profit before tax18.7017.9019.3410.5111.482.67
Tax3.743.523.442.002.390.68
Net profit14.9614.3815.908.488.971.99
Net profit margin+10.3%+13.8%+19.8%+14.7%+4.8%+2.6%
EPS (β‚Ή)12.5629.4432.4817.3818.944.99
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Equity & liabilities
Share capital11.744.894.894.894.893.99
Reserves & surplus81.8273.9259.5243.5735.296.67
Shareholders' funds (net worth)93.5678.8164.4148.4640.1810.66
Minority interest0.000.000.000.000.010.00
Secured loans0.000.000.000.000.000.00
Unsecured loans47.9130.0821.8617.681.700.00
Total debt47.9130.0821.8617.681.700.00
Total liabilities14410986.2766.1441.8910.66
Assets
Gross block80.2673.6058.0758.114.730.20
Net block78.9272.5657.1957.514.450.06
Capital work in progress0.000.000.000.000.000.00
Investments0.740.630.000.008.990.00
Inventories38.063.140.9211.3212.632.42
Sundry debtors71.2257.6645.139.3621.2332.20
Cash & bank balances0.490.841.461.000.402.49
Loans & advances13.8714.325.797.155.290.32
Total current assets12475.9653.3028.8339.5537.43
Total current liabilities59.1840.4024.3320.3211.4626.82
Net working capital64.4635.5628.978.5128.0910.61
Total assets14410986.2766.1441.8910.66
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Opening cash0.841.461.000.402.490.14
Net cash from operating activities1.2415.250.2744.84(8.85)3.10
Net cash from investing activities(6.66)(15.86)0.18(44.24)(13.50)(0.05)
Net cash from financing activities5.060.000.000.0020.26(0.70)
Net change in cash(0.36)(0.61)0.460.60(2.09)2.35
Closing cash0.490.841.461.000.402.49
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Growth
Sales growth+39.4%+29.9%+39.1%-69.2%+143.3%-
EBITDA growth+8.5%-8.4%+79.7%-2.1%+325.3%-
PBT growth+4.5%-7.5%+84.0%-8.5%+330.0%+9997.0%
Net income growth+4.0%-9.6%+87.5%-5.5%+350.8%-
Revenue CAGR (3Y)+36.1%-17.7%+1.4%---
EBITDA CAGR (3Y)+21.3%+17.3%+95.6%---
Profitability & leverage
Net income margin+10.3%+13.8%+19.8%+14.8%+4.9%+2.6%
Return on capital employed-+19.1%+26.2%+20.3%+43.7%+25.1%
Return on net worth-+20.1%+28.2%+19.2%+35.7%+18.7%
Debt / equity-0.360.350.220.030.00
Long-term debt / equity-0.000.000.000.000.00
Interest cover7.103.843.224.140.000.00
Efficiency & per share
Fixed asset turnover-1.581.381.8475.89384.50
Inventory turnover-51.3513.114.8224.8631.78
Debtors turnover-2.032.953.777.002.39
EPS (β‚Ή)12.5629.4432.4817.3818.944.99
Dividend per share (β‚Ή)0.000.000.000.000.000.00
Book value per share (β‚Ή)0.00161.08131.6499.0582.1126.70
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue56.6235.8216.5314.5514976.9054.44
Revenue growth+58.1%+116.7%+13.6%-90.2%+93.7%+41.3%-
Other income0.050.050.000.070.170.000.00
Total expenses54.2134.3415.2613.8414474.2152.24
Employee cost0.000.180.190.470.330.310.27
EBITDA2.411.481.270.714.992.692.20
EBITDA margin+4.3%+4.1%+7.7%+4.9%+3.4%+3.5%+4.0%
Depreciation0.040.030.030.060.030.020.02
Interest0.710.200.590.430.000.000.00
Profit before tax1.711.300.650.295.132.672.18
Tax0.430.330.160.101.270.680.58
Net profit1.280.970.490.163.741.991.60
Net profit margin+2.3%+2.7%+3.0%+1.1%+2.5%+2.6%+2.9%
EPS (β‚Ή)1.081.991.000.387.874.994.02
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital11.744.894.894.894.893.993.99
Reserves & surplus25.9731.5530.5730.0929.876.674.67
Shareholders' funds (net worth)37.7136.4435.4634.9834.7610.668.79
Secured loans0.000.000.000.000.000.000.00
Unsecured loans62.6946.5924.3926.381.290.000.58
Total debt62.6946.5924.3926.381.290.000.58
Total liabilities10083.0359.8561.3636.0510.669.38
Assets
Gross block0.360.350.330.320.320.200.16
Net block0.110.140.060.090.140.060.03
Capital work in progress0.000.000.000.000.000.000.00
Investments2.642.442.012.0110.990.000.00
Inventories7.362.900.691.912.272.420.47
Sundry debtors26.7514.754.414.673.8232.209.83
Cash & bank balances0.100.281.060.510.252.490.14
Loans & advances70.5266.9052.3454.4620.100.320.69
Total current assets10584.8358.5061.5526.4437.4311.13
Total current liabilities7.114.390.732.301.8426.821.79
Net working capital97.6280.4457.7759.2524.6010.619.34
Total assets10083.0359.8561.3636.0510.669.38
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash0.281.060.510.252.490.140.59
Net cash from operating activities(0.01)(0.30)0.55(9.10)(11.23)3.10(1.11)
Net cash from investing activities(0.16)(0.49)0.009.04(10.93)(0.05)0.00
Net cash from financing activities0.000.000.000.3221.22(0.70)0.65
Net change in cash(0.18)(0.78)0.550.26(0.94)2.35(0.46)
Closing cash0.100.281.060.510.252.490.14
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Growth
Sales growth+58.1%+116.7%+13.6%-90.2%+93.7%+41.3%-
EBITDA growth+62.8%+16.5%+78.9%-85.8%+85.5%+22.3%-
PBT growth+31.5%+100.0%+124.1%-94.4%+92.1%+22.5%-3.5%
Net income growth+32.0%+98.0%+206.3%-95.7%+87.9%+24.4%-
Revenue CAGR (3Y)+57.3%-37.8%-40.1%-35.6%+33.9%+52.5%+121.4%
EBITDA CAGR (3Y)+50.3%-33.3%-22.1%-31.4%+29.8%+36.4%+232.2%
Profitability & leverage
Net income margin+2.3%+2.7%+3.0%+1.3%+2.6%+2.6%+2.9%
Return on capital employed-+2.1%+2.1%+1.4%+21.9%+26.7%+26.6%
Return on net worth-+2.7%+1.4%+0.4%+17.0%+20.5%+20.4%
Debt / equity-0.990.720.400.030.030.05
Long-term debt / equity-0.000.000.000.000.030.05
Interest cover29.9613.7947.5866.150.000.000.00
Efficiency & per share
Fixed asset turnover-105.3550.8645.47573.00427.22340.25
Inventory turnover-19.9612.726.9663.5353.2228.58
Debtors turnover-3.743.643.438.273.665.65
EPS (β‚Ή)1.081.991.000.387.874.994.02
Dividend per share (β‚Ή)0.000.000.000.000.000.000.00
Book value per share (β‚Ή)0.0074.4872.4971.4971.0426.7021.70

Competitors of Foce India

Foce India has 3 listed competitors in our database, 1 of them funded. They include Pipa β€’ Bella, Chokore and Lois Caron.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
pipabella.com2012Mumbai, India$2.25M501
Multi-category fashion accessories are offered by this internet-first brand.
chokore.com2015Gurugram, India
Operates a direct-to-consumer brand offering apparel for men and women.
loiscaron.com2015Delhi, India
Offers stylish watches and accessories through online retail sales.
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Detailed competitors of Foce India

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Web traffic of Foce India

The website of Foce India (foceindia.com) receives about 13.8K visits a month.

  • Monthly visits
    13.8K

    ▲ 10.1% vs previous month

Similar websites

Websites whose visitors overlap most with Foce India. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
i-foce.com
i-foce.com
100%
–
thewatchlab.in
thewatchlab.in
79%
#1,319,052–
theluxurysouq.com
79%
#1,481,340View details
watchstationindia.com
78%
#369,435View details
ramawatch.co
ramawatch.co
77%
#3,078,098–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
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  • 6 similar websites
  • Audience overlap
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Top companies in Fashion & Lifestyle Products

3 companies that operate in the same segment as Foce India (Fashion & Lifestyle Products) in India, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Eyewear is offered online for men, women, and kids.
2010Gurugram, Haryana, IndiaUSD 1.04 BUSD 939.4 M18,984
Jewellery is retailed via stores and an online platform.
1993Thrissur, Kerala, IndiaUSD 3.81 B12,530
Fine jewelry brand
1994Bengaluru, Karnataka, IndiaUSD 6.03 B7,331
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Related news about Foce India

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Frequently Asked Questions about Foce India

Foce India was founded in 2001.

Foce India is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.

Manoj Sitaram Agarwal is the CEO of Foce India, as recorded in our data.

Foce India has 8 employees.

The primary company behind Foce India, Foce India Limited, reported revenue of β‚Ή146 Cr for FY 2026, up 39% year on year.

Foce India was established in 2001 and is based in Mumbai, India. Operations focus on the watches sector, where products for men and women are distributed primarily through online channels. The catalog features variations in colors, dial sizes, and patterns. Leadership is provided by CEO Manoj Sitaram Agarwal, with the company maintaining a direct-to-consumer model in the accessories industry.

Foce India's top competitors include Pipa β€’ Bella, Chokore and Lois Caron.

Yes, Foce India is publicly traded on NSE under the ticker symbol FOCE.

Foce India operates through Foce India Limited.

The legal entities of Foce India currently have 6 directors, including Manoj Kumar Agarwal, Rekha Agarwal, Abhilasha Chaudhary and others.

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