DPIIT recognised startup Government of India
Startup India
Fo Industries Private Limited
Fo Industries Private Limited - consumer goods in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹38.84 Cr
▼ 38% YoY
Net profit · FY 2025
₹8.27 Cr
Net margin 21.3%
EBITDA · FY 2025
₹10.71 Cr
EBITDA margin 27.6%
Authorised capital
₹50 Lakh
Registered with MCA
Paid-up capital
₹50 Lakh
Issued & subscribed
Open charges
₹9.5 Cr
Secured borrowings
Company age
5 yrs
Est. 2021
Directors on board
2
As per MCA filings
About Fo Industries Private Limited
Data last updated:
Fo Industries Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Foce India Limited and recognised as a startup by DPIIT. It operates in the watches and jewelry manufacturing segment of the consumer goods sector. It was incorporated on 06 April 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U33300MH2021PTC358370. Its GSTIN is 27AAECF5203D1Z4 (Maharashtra).
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹50 Lakh. It is led by directors Manoj Kumar Agarwal and Utkarsh Agarwal.
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 4 Kingston Shastri Nagar Lokhandwala Complex Andheri (W), Mumbai, Maharashtra, India – 400053.
As per the financials filed for FY 2025, the company reported a revenue of ₹38.84 Cr, a decline of 38% compared to the previous year. For the same year it recorded a net profit of ₹8.27 Cr (net margin 21.3%) and EBITDA of ₹10.71 Cr (EBITDA margin 27.6%). Revenue has grown at a compounded annual rate (CAGR) of 1% over three years.
As per MCA filings, the company has open charges of ₹9.5 Cr on record. Court records list 1 case involving the company, including 1 filed against it.
Fo Industries Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-33-0109573).
Company details
CIN U33300MH2021PTC358370
Registration Number 358370
Incorporation Date 06 April 2021
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 29 September 2025
Date of Balance Sheet 31 March 2025
Parent Company Foce India Limited
DPIIT Recognition Recognised Startup
MSME Classification Small
Udyam Registration UDYAM-MH-33-0109573
Recognitions & Rankings of Fo Industries
MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-33-0109573
Contact details
Fo Industries Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address4 Kingston Shastri Nagar Lokhandwala Complex Andheri (W), Mumbai, Maharashtra, India – 400053
- IndustryConsumer Goods, Watches & Jewelry Manufacturing
To see the full contact details of Fo Industries Private Limited, buy the company report.
Comprehensive company report
Fo Industries Private Limited - one report that includes everything
- 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
The main business activity of Fo Industries is manufacturing. In detail, this covers manufacture of textiles.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | 13 | Manufacture of textiles |
To see the full business activity and turnover split of Fo Industries Private Limited, buy the company report.
Financials of Fo Industries Private Limited
FY 2025 filings availableFo Industries Private Limited reported revenue of ₹38.84 Cr (down 38% YoY) for FY 2025.
Revenue · FY 2025
₹38.84 Cr ▼ 38%
Net profit · FY 2025
₹8.27 Cr margin 21.3%
EBITDA · FY 2025
₹10.71 Cr margin 27.6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 38%
3 years · compounded
▲ 1%
EBITDA CAGR growth
1 year
▼ 41%
3 years · compounded
▲ 17%
Revenue fell 38% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 1%. EBITDA fell 41% 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 |
|---|---|---|---|---|
| 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 | ₹10.71 Cr | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | ₹8.27 Cr | |||
| 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 27.6% | |||
| Net Profit Margin | 21.3% | |||
| 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 Fo Industries Private Limited, buy the company report.
Board of directors of Fo Industries Private Limited
Fo Industries has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Manoj Kumar Agarwal Also directs: Joinme Developers LLP, One Point Construction LLP, Permanent Infrastructure LLP and 5 more | Director | 06 Apr 2021 | 5 Years 6 Months | Current |
| Utkarsh Agarwal Also directs: Myfamily Home Builder LLP, Foce India Limited, Foce Realty Solutions Private Limited and 3 more | Director | 17 Jul 2021 | 5 Years 3 Months | Current |
Auditor
Fo Industries Private Limited is audited by SDG & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SDG & CO. | FY 2023 | 137864W |
Shareholding
The shareholding of Fo Industries Private Limited is on record for 2 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Fo Industries Private Limited, buy the company report.
Charges & borrowings
Open charges
₹9.5 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 24 Jun 2024 | 100981679 | Indian Bank | ₹9.5 Cr | Open |
Total charge records: 1 View all charges
Legal cases
Fo Industries Private Limited has 1 court case on record: 1 filed against it. All case is disposed.
Total cases
1
Filed against the company
1
Disposed
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Court case (SS Cases) | Filed against the company by L.A G/South/ Ward (License Department) | Disposed |
To see the full case history of Fo Industries Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Fo Industries Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Fo Industries Private Limited has 1 active EPFO establishment as of Apr 03, 2024.
Active EPFO establishments
1
GST
Fo Industries has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAECF5203D1Z4 | Maharashtra | Active | 17 Apr 2021 |
To see the full GST registrations and return filing status of Fo Industries Private Limited, buy the company report.
Recent activity
Fo Industries Private Limited has 4 board changes on record since 2021: 3 appointments and 1 cessation. The latest: Anita Manoj Agarwal ceased to be Director on 17 Jul 2021.
AGM
Fo Industries Private Limited last Annual general meeting of members was held on 29 Sep 2025 as per latest MCA records.
Filing
Fo Industries Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai I.
Charges
A charge with Indian Bank amounted to Rs. 950.00 Lakh with Charge ID 100981679 was registered on 24 Jun 2024.
Ceased
Anita Manoj Agarwal ceased to be Director.
Appointed
Utkarsh Agarwal was appointed as Director.
Appointed
Anita Manoj Agarwal was appointed as Director.
Appointed
Manoj Kumar Agarwal was appointed as Director.
Incorporation
06 Apr 2021
Fo Industries Private Limited was registered on 06 Apr 2021 with Roc Mumbai I & aged 5 years 6 months as per MCA records.
Frequently asked questions
Fo Industries is an active private limited company based in Mumbai, Maharashtra, India. The company works in watches and jewelry manufacturing, within the consumer goods industry. It was incorporated on 06 April 2021 (5+ years old) and is registered under CIN U33300MH2021PTC358370.
Fo Industries has 2 current directors:
- Manoj Kumar Agarwal - Director
- Utkarsh Agarwal - Director
The latest financial statements of Fo Industries on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 29 September 2025. Year-wise statements from FY 2022 are in the company report.
The GSTIN of Fo Industries is 27AAECF5203D1Z4, registered in Maharashtra.
The CIN (Corporate Identification Number) of Fo Industries is U33300MH2021PTC358370. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Fo Industries has 1 court case on record: 1 filed against it.
Fo Industries was incorporated on 06 April 2021, making it 5+ years old. It is registered with the Registrar of Companies, Mumbai.
Anita Manoj Agarwal ceased to be Director on 17 Jul 2021. Utkarsh Agarwal was appointed as Director on 17 Jul 2021. Anita Manoj Agarwal was appointed as Director on 06 Apr 2021. Fo Industries has 4 board changes on record in total.
Yes, Fo Industries is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Fo Industries is registered as a small enterprise under Udyam registration (number: UDYAM-MH-33-0109573).
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