About Fora Studio Private Limited
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Fora Studio Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 30 January 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U72900GJ2018PTC100717. Its GSTIN is 24AADCF3002H1ZA (Gujarat).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Dharmesh Suhagiya and Nayana Dharmesh Suhagiya.
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 Ahmedabad, Gujarat.
As per the financials filed for FY 2024, the company reported a revenue of ₹33.08 Lakh, a decline of 93% compared to the previous year. For the same year it recorded a net profit of ₹1.74 Lakh (net margin 5.3%) and EBITDA of ₹5.37 Lakh (EBITDA margin 16.2%). Revenue has declined at a compounded annual rate (CAGR) of 5% over three years.
The company is associated with 1 brand: Fora Studio.
For more details, the company can be reached via its website forastudio.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered Address601 Sur.No108 Plot No15/1 Tp – 6 Santorini Square Nr Abhishri Complex Jodhpur Opp.Star Bazar, Satellite, Ahmedabad, Gujarat, India – 380015
- IndustryInformation Technology, IT Consulting & Support 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 Fora Studio Private Limited
The main business activity of Fora Studio is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities | 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 Fora Studio Private Limited FY 2024 filings available
Fora Studio Private Limited reported revenue of ₹33.08 Lakh (down 93% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Fora Studio Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 5% over three years, including a 93% fall in the latest year. EBITDA fell 99% 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 Fora Studio 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 | ₹5.37 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹1.74 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 | •••• | •••• | •••• | •••• | •••• |
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| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Fora Studio Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 16.2% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 5.3% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
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 Fora Studio are in the company report.
Financial statements from FY 2018
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 Fora Studio Private Limited
Fora Studio Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Computer programming, consultancy and related activities). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Smartedge Technical Services Private Limited | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
| Data Adavance Systems Pvt Ltd | •••• | •••• | •••• | •••• | - | Kolkata, West Bengal, India |
| M.K. Technologies Private Limited | •••• | •••• | •••• | •••• | - | Hyderabad, Telangana, India |
| Sahasra Infolabs Private Limited | •••• | •••• | •••• | •••• | - | Rangareddy District, Telangana, India |
| Render Technical Design Services Private Limited | •••• | •••• | •••• | •••• | - | Chandigarh, India |
| Fora Studio Private Limited this company | •••• | •••• | •••• | •••• | - | Ahmedabad, Gujarat, India |
| JPM Innovative Systems Private Limited | •••• | •••• | •••• | •••• | - | Narsinghpur, Haryana, India |
| Ibrowsejobs Technologies Private Limited | •••• | •••• | •••• | •••• | - | Bangalore, Karnataka, India |
| Trivalley Technologies Private Limited | •••• | •••• | •••• | •••• | - | Bangalore, Karnataka, India |
| Steady Business Solutions Private Limited | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
| Twilight Technologies (OPC) Private Limited | •••• | •••• | •••• | •••• | - | Silchar, Assam, India |
Peers are the five companies nearest above and the five nearest below Fora Studio by revenue in the same principal business activity (Computer programming, consultancy and related activities), 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 Fora Studio Private Limited
Fora Studio Private Limited is audited by ANIL L KHUNT & CO for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| ANIL L KHUNT & CO | 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 Fora Studio Private Limited
Fora Studio has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Dharmesh Suhagiya Also directs: Arona LLP | Director | 30 Jan 2018 | 8 Years 8 Months | Current |
| Nayana Dharmesh Suhagiya Also directs: Arona LLP | Director | 12 Jan 2021 | 5 Years 8 Months | Current |
Ownership and Shareholding of Fora Studio 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 Fora Studio Private Limited
Fora Studio Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Associated Brands with Fora Studio Private Limited
Fora Studio operates one associated brand: Fora Studio. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Digital agency providing design, eCommerce, web, and app development services. | forastudio.com |
Employees and EPFO Compliance at Fora Studio Private Limited
Employment history and EPFO contributions of people linked to Fora Studio.
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.
Recent Activity on Fora Studio Private Limited
Fora Studio Private Limited has 3 board changes on record since 2018: 2 appointments and 1 cessation. The latest: Jimulkumar Devchandbhai Desai ceased to be Director on 13 Jan 2021.
Credit Ratings, Litigation & Regulatory Alerts for Fora Studio 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 Fora Studio 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 Fora Studio 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 Fora Studio Private Limited
Fora Studio has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AADCF3002H1ZA | Gujarat | Active | 30 Nov 2018 |
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 Fora Studio 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 Fora Studio Private Limited
Fora Studio is an active private limited company based in Ahmedabad, Gujarat, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 30 January 2018 (8+ years old) and is registered under CIN U72900GJ2018PTC100717.
Fora Studio reported revenue of ₹33.08 Lakh for FY 2024 (down 93% YoY).
Fora Studio has 2 current directors:
- Dharmesh Suhagiya - Director
- Nayana Dharmesh Suhagiya - Director
Fora Studio reported a net profit of ₹1.74 Lakh (net margin 5.3%) and EBITDA of ₹5.37 Lakh (EBITDA margin 16.2%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Fora Studio is -5% over three years. In the latest year (FY 2024) revenue fell 93%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Fora Studio is 24AADCF3002H1ZA, registered in Gujarat.
The CIN (Corporate Identification Number) of Fora Studio is U72900GJ2018PTC100717. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Fora Studio was incorporated on 30 January 2018, making it 8+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Fora Studio by revenue are Smartedge Technical Services Private Limited, Data Adavance Systems Pvt Ltd, M.K. Technologies Private Limited, Sahasra Infolabs Private Limited, Render Technical Design Services Private Limited and 5 more, all in the same principal business activity (Computer programming, consultancy and related activities).
Jimulkumar Devchandbhai Desai ceased to be Director on 13 Jan 2021. Nayana Dharmesh Suhagiya was appointed as Director on 12 Jan 2021. Dharmesh Suhagiya was appointed as Director on 30 Jan 2018.
Fora Studio can be reached through the website forastudio.com. Its registered office is in Ahmedabad, Gujarat, India.