Bhagwati Foam Limited
About Bhagwati Foam Limited
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Bhagwati Foam Limited is a public limited company based in Mumbai, Maharashtra, India. It operates in the home furnishings manufacturing segment of the consumer goods sector. It was incorporated on 20 October 2023.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U31005MH2023PLC412653.
The company has an authorised share capital of ₹4.01 Cr and a paid-up capital of ₹1.2 Lakh. It is led by directors including Neha Abhishek Sharma and Abhishek Vipin Sharma.
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 Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹61.36 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹91.76 Lakh (net margin 1.5%) and EBITDA of ₹5.12 Cr (EBITDA margin 8.3%).
The company has about 105 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Bhagwati Foam Industries. As per MCA filings, the company has open charges of ₹12.85 Cr on record.
Company details
Contact details
Bhagwati Foam Limited's registered office is in Mumbai, Maharashtra.
- Registered AddressUnit No. 301 302 Lodha Supremus New Cuffe Parade, Opposite Wadala Truck Terminal Wadala East, Mumbai, Maharashtra, India – 400037
- IndustryConsumer Goods, Home Furnishings Manufacturing
- 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
Brands
Bhagwati Foam operates one associated brand: Bhagwati Foam Industries. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Polyurethane foam manufacturing for furniture, technical applications, and mattresses in India. | bhagwatifoam.com |
Business activity
The main business activity of Bhagwati Foam is manufacturing. In detail, this covers textile, leather and other apparel products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products |
To see the full business activity and turnover split of Bhagwati Foam Limited, buy the company report.
Financials of Bhagwati Foam Limited
FY 2025 filings availableBhagwati Foam Limited reported revenue of ₹61.36 Cr (up 436% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 436% in the latest year. EBITDA rose 422% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ||
| Other Income | ||
| Total Revenue | ||
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
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| Total Expenses | ||
| EBITDA | ₹5.12 Cr | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | ₹91.76 Lakh | |
| Balance Sheet | ||
| Share Capital | ||
| Reserves and Surplus | ||
| Net Worth (Total Equity) | ||
| Long-term Borrowings | ||
| Short-term Borrowings | ||
| Trade Payables | ||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 8.3% | |
| Net Profit Margin | 1.5% | |
| Return on Equity (ROE) | ||
| Return on Capital Employed (ROCE) | ||
| Return on Assets (ROA) | ||
| Liquidity and Debt | ||
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| Efficiency and Growth | ||
| Asset Turnover | ||
| Receivable Days | ||
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| Inventory Days | ||
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| Net Profit Growth | ||
To see the full financial statements and ratios of Bhagwati Foam Limited, buy the company report.
Board of directors of Bhagwati Foam Limited
Bhagwati Foam has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Neha Abhishek Sharma Also directs: Typehouse Media LLP | Director | 20 Oct 2023 | 3 Years 0 Months | Current |
| Abhishek Vipin Sharma Also directs: Typehouse Media LLP, Bhagwati Sleep Systems Private Limited | Director | 20 Oct 2023 | 3 Years 0 Months | Current |
| Vipin Omprakash Sharma Also directs: Bhagwati Sleep Systems Private Limited | Director | 20 Oct 2023 | 3 Years 0 Months | Current |
Peer comparison
Bhagwati Foam Limited is compared with the 3 companies closest to it by revenue in the Consumer Products industry (Home Furnishings Manufacturers), with the same principal business activity (textile, leather and other apparel products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Shri Lakshmi Cotsyn Limited | ₹61.58 Cr (FY 2019) | -69.0% | Uttar Pradesh, India | |||
| Gold Spin India Private Ltd. | ₹61.45 Cr (FY 2024) | 0.0% | New Delhi, Delhi, India | |||
| Bhagwati Foam Limitedthis company | ₹61.36 Cr (FY 2025) | ₹91.76 Lakh | 1.5% | 436.0% | Mumbai, Maharashtra, India | |
| Sava International Private Limited | ₹59.99 Cr (FY 2025) | 46.0% | Delhi, India |
To see the full peer comparison of Bhagwati Foam Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 16 Jan 2026 | 101228065 | Others | ₹1 Cr | Open | |
| 10 Sep 2024 | 100973500 | Standard Chartered Bank | ₹40 Lakh | Open | |
| 10 Sep 2024 | 100973545 | Standard Chartered Bank | ₹11.45 Cr | Open |
Total charge records: 3 View all charges
Legal cases
No court or tribunal cases involving Bhagwati Foam 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 Bhagwati Foam 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 Bhagwati Foam Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Bhagwati Foam Limited has 5 board changes on record since 2023: 5 appointments. The latest: Abhishek Vipin Sharma was appointed as Director on 20 Oct 2023.
Frequently asked questions
Bhagwati Foam is an active public limited company based in Mumbai, Maharashtra, India. The company works in home furnishings manufacturing, within the consumer goods industry. It was incorporated on 20 October 2023 (3+ years old) and is registered under CIN U31005MH2023PLC412653.
Bhagwati Foam has 3 current directors:
- Neha Abhishek Sharma - Director
- Abhishek Vipin Sharma - Director
- Vipin Omprakash Sharma - Director
The latest financial statements of Bhagwati Foam 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 FY 2024 are in the company report.
The CIN (Corporate Identification Number) of Bhagwati Foam is U31005MH2023PLC412653. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Bhagwati Foam was incorporated on 20 October 2023, making it 3+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Bhagwati Foam by revenue are Shri Lakshmi Cotsyn Limited, Gold Spin India Private Ltd, Sava International Private Limited, all in the Consumer Products industry (Home Furnishings Manufacturers), with the same principal business activity (textile, leather and other apparel products).
Abhishek Vipin Sharma was appointed as Director on 20 Oct 2023. Neha Abhishek Sharma was appointed as Director on 20 Oct 2023. Pankaj Agrawal was appointed as Individual Subscriber on 20 Oct 2023. Bhagwati Foam has 5 board changes on record in total.
The registered office of Bhagwati Foam is at Unit No. 301 302 Lodha Supremus New Cuffe Parade, Opposite Wadala Truck Terminal Wadala East, Mumbai, Maharashtra, India – 400037.
Bhagwati Foam operates in the consumer goods industry, in the home furnishings manufacturing segment.
Bhagwati Foam has open charges of ₹12.85 Cr and no satisfied charges on record as per latest MCA filings.
Bhagwati Foam has 1 associated brand: Bhagwati Foam Industries.
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