About Fomar Private Limited.
Data last updated:
Fomar Private Limited. is a private limited company based in Panaji, Goa, India. It operates in the shipbuilding and repair services segment of the transport and logistics sector. It was incorporated on 21 February 1997 and has been in existence for over 29 years.
The company is registered with the Registrar of Companies (ROC), Goa, under CIN U61100GA1997PTC002282. Its GSTIN is 30AABCF4377K1ZO (Goa).
The company has an authorised share capital of ₹1.6 Cr and a paid-up capital of ₹1.51 Cr. It is led by directors including Ambar Auduth Timblo and Kaustubh Vinayak Sawkar.
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 101 First Floor Kamat Metropolis – I Behind Caculo Mall St.Inez, Panaji, Goa, India – 403001.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.42 Cr, a growth of 68% compared to the previous year. For the same year it recorded a net profit of ₹12.25 Lakh (net margin 8.6%) and EBITDA of ₹23.44 Lakh (EBITDA margin 16.5%). Revenue has declined at a compounded annual rate (CAGR) of 3% over three years and 1% over five years.
The company has about 8 employees on its provident fund (EPFO) records.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website fomento.com.
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- Website
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- Registered Address101 First Floor Kamat Metropolis – I Behind Caculo Mall St.Inez, Panaji, Goa, India – 403001
- IndustryTransport and Logistics, Shipbuilding & Repair Services
- 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
- One PDF report, delivered after checkout
Business Activity of Fomar Private Limited.
The main business activity of Fomar Private Limited is manufacturing. In detail, this covers motor vehicles, trailers, semi trailers and other transport vehicles.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C11 | Motor vehicles, trailers, semi trailers and other Transport Vehicles | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Fomar Private Limited. FY 2024 filings available
Fomar Private Limited. reported revenue of ₹1.42 Cr (up 68% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Fomar Private Limited.
Revenue rose 68% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 1%. EBITDA rose 275% 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 of Fomar Private Limited.
| 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 | ₹23.44 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹12.25 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 of Fomar Private Limited.
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 16.5% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 8.6% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Fomar Private Limited are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Fomar Private Limited.
Fomar Private Limited. is compared with the companies closest to it by revenue in the Shipping industry (Shipbuilding and Repairs). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Seaarland Management Services Private Limited | •••• | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
| Pontus Ship Management & Marine Consultancy Private Limited | •••• | •••• | •••• | •••• | - | Navi Mumbai, Maharashtra, India |
| BS Heavy Industries Private Limited | •••• | •••• | •••• | •••• | - | Paradeep, Jagatsinghpur, Orissa, India |
| Lothal Marine Private Limited | •••• | •••• | •••• | •••• | 13 | Thane, Maharashtra, India |
| Dalwin Marine Turbo Engg Private Limited | •••• | •••• | •••• | •••• | 17 | Navi Mumbai, Maharashtra, India |
| Fomar Private Limited. this company | •••• | •••• | •••• | •••• | - | Panaji, Goa, India |
| Scania Marines India Private Limited | •••• | •••• | •••• | •••• | - | Visakhapatnam, Andhra Pradesh, India |
| Arlo Shipbuilders Private Limited | •••• | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
| Dimension Renewables Private Limited | •••• | •••• | •••• | •••• | - | Mohali, Punjab, India |
| Creation Devbuild Structure Private Limited | •••• | •••• | •••• | •••• | - | Gwalior, Madhya Pradesh, India |
| Saika Maritime Private Limited | •••• | •••• | •••• | •••• | - | Navi Mumbai, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Fomar Private Limited by revenue in the Shipping industry (Shipbuilding and Repairs), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Auditor Details of Fomar Private Limited.
Fomar Private Limited. is audited by H K APARANJI for the financial year 2021.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| H K APARANJI | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Fomar Private Limited.
Fomar Private Limited has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kaustubh Vinayak Sawkar | Additional Director | 29 Jul 2024 | 2 Years 2 Months | Current |
| Alvito Sebastio Dsouza Also directs: Marine Infrastructure Goa Private Limited | Additional Director | 13 Dec 2017 | 8 Years 9 Months | Current |
| Ambar Auduth Timblo Also directs: Searock Advisors LLP, Resources Concentrates Private Limited, Fomento Resources Private Limited and 5 more | Director | 02 Aug 2002 | 24 Years 2 Months | Current |
Ownership and Shareholding of Fomar Private Limited.
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Fomar Private Limited.
Fomar Private Limited. does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Fomar Private Limited.
Fomar Private Limited. has a workforce of 8 employees as of Apr 09, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
CIN History of Fomar Private Limited.
Fomar Private Limited has one previous CIN (Corporate Identification Number): U70109GA1997PTC002282. The current CIN is U61100GA1997PTC002282, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U61100GA1997PTC002282 | Current |
| U70109GA1997PTC002282 | Previous |
Recent Activity on Fomar Private Limited.
Fomar Private Limited. has 6 board changes on record since 2002: 3 appointments and 3 cessations. The latest: Kaustubh Vinayak Sawkar was appointed as Additional Director on 29 Jul 2024.
Credit Ratings, Litigation & Regulatory Alerts for Fomar Private Limited.
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Fomar Private Limited.
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Fomar Private Limited.
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Fomar Private Limited.
Fomar Private Limited has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 30AABCF4377K1ZO | Goa | Active | 06 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Fomar Private Limited.
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Fomar Private Limited.
Fomar Private Limited is an active private limited company based in Panaji, Goa, India. The company works in shipbuilding and repair services, within the transport and logistics industry. It was incorporated on 21 February 1997 (29+ years old) and is registered under CIN U61100GA1997PTC002282.
Fomar Private Limited reported revenue of ₹1.42 Cr for FY 2024 (up 68% YoY).
Fomar Private Limited has 3 current directors:
- Kaustubh Vinayak Sawkar - Additional Director
- Alvito Sebastio Dsouza - Additional Director
- Ambar Auduth Timblo - Director
Fomar Private Limited reported a net profit of ₹12.25 Lakh (net margin 8.6%) and EBITDA of ₹23.44 Lakh (EBITDA margin 16.5%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Fomar Private Limited is 3% over three years and -1% over five years. In the latest year (FY 2024) revenue rose 68%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Fomar Private Limited is 30AABCF4377K1ZO, registered in Goa.
The CIN (Corporate Identification Number) of Fomar Private Limited is U61100GA1997PTC002282. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Fomar Private Limited was incorporated on 21 February 1997, making it 29+ years old. It is registered with the Registrar of Companies, Goa.
The peers of Fomar Private Limited by revenue are Seaarland Management Services Private Limited, Pontus Ship Management & Marine Consultancy Private Limited, BS Heavy Industries Private Limited, Lothal Marine Private Limited, Dalwin Marine Turbo Engg Private Limited and 5 more, all in the Shipping industry (Shipbuilding and Repairs).
Kaustubh Vinayak Sawkar was appointed as Additional Director on 29 Jul 2024. Joe Jose Ralph ceased to be Additional Director on 22 Mar 2019. Alvito Sebastio Dsouza was appointed as Additional Director on 13 Dec 2017. Fomar Private Limited has 6 board changes on record in total.
Fomar Private Limited can be reached through the website fomento.com. Its registered office is in Panaji, Goa, India.