Forays Services & Constructions Private Limited

Forays Services & Constructions Private Limited - infrastructure and utilities in Navi Mumbai, Maharashtra, India. FY 2026 financials & compliance.
CIN U45200MH2009PTC193688 Incorporated 30 June 2009 ROC Mumbai HQ Navi Mumbai, Maharashtra, India
Active Private Limited Company infrastructure and utilities MSME · Small
Data last updated
Revenue · FY 2025
₹37.55 Cr
▼ 14% YoY
Net profit · FY 2025
₹1.03 Cr
Net margin 2.8%
EBITDA · FY 2025
₹1.95 Cr
EBITDA margin 5.2%
Authorised capital
₹40 Lakh
Registered with MCA
Paid-up capital
₹40 Lakh
Issued & subscribed
Open charges
₹11 Cr
Satisfied ₹9.06 Cr
Company age
17 yrs
Est. 2009
Employees · EPFO
733
Provident fund records

About Forays Services & Constructions Private Limited

Data last updated:

Forays Services & Constructions Private Limited is a private limited company based in Navi Mumbai, Maharashtra, India. It operates in the general construction services segment of the infrastructure and utilities sector. It was incorporated on 30 June 2009 and has been in existence for over 17 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U45200MH2009PTC193688. Its GSTIN is 27AABCF3882H1ZI (Maharashtra). The company holds 10 GST registrations, of which 5 are active.

The company has an authorised share capital of ₹40 Lakh and a paid-up capital of ₹40 Lakh. It was formerly known as Forays Serivices & Constructions Private Limited. It is led by directors Mathew Mathew Mankanthanam (Managing Director) and Suresh Puthenchira Thomas.

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 1301 13th Floor The Ambience Court Plot No.2 Sector – 19D Vashi, Navi Mumbai, Maharashtra, India – 400705.

As per the financials filed for FY 2025, the company reported a revenue of ₹37.55 Cr, a decline of 14% compared to the previous year. For the same year it recorded a net profit of ₹1.03 Cr (net margin 2.8%) and EBITDA of ₹1.95 Cr (EBITDA margin 5.2%). Revenue has grown at a compounded annual rate (CAGR) of 20% over three years and 8% over five years.

The company has about 733 employees on its provident fund (EPFO) records.

As per MCA filings, the company has open charges of ₹11 Cr and satisfied charges of ₹9.06 Cr on record. Court records list 2 cases involving the company, including 2 filed against it.

Forays Services & Constructions Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-33-0011360). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website forays.co.in.

Company details

CIN U45200MH2009PTC193688
Registration Number 193688
Incorporation Date 30 June 2009
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-MH-33-0011360
Key People
Mathew Mathew Mankanthanam Managing Director Suresh Puthenchira Thomas Director

Recognitions & Rankings of Forays Services & Constructions

MSME (Udyam registered) Ministry of MSME
Category
Small (2024-25)
Udyam number
UDYAM-MH-33-0011360

Contact details

Forays Services & Constructions Private Limited's registered office is in Navi Mumbai, Maharashtra. Its website is forays.co.in. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    forays.co.in
  • Registered Address
    1301 13th Floor The Ambience Court Plot No.2 Sector – 19D Vashi, Navi Mumbai, Maharashtra, India – 400705
  • Industry
    Infrastructure and Utilities, General Construction Services

To see the full contact details of Forays Services & Constructions Private Limited, buy the company report.

Comprehensive company report
Forays Services & Constructions 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 Forays Services & Constructions is construction. In detail, this covers demolition & site preparation, electrical, plumbing & other specialized construction activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
FConstructionF3Demolition & site preparation, Electrical, plumbing & other Specialized construction Activities

To see the full business activity and turnover split of Forays Services & Constructions Private Limited, buy the company report.

Financials of Forays Services & Constructions Private Limited

FY 2025 filings available

Forays Services & Constructions Private Limited reported revenue of ₹37.55 Cr (down 14% YoY) for FY 2025.

Revenue · FY 2025
₹37.55 Cr ▼ 14%
Net profit · FY 2025
₹1.03 Cr margin 2.8%
EBITDA · FY 2025
₹1.95 Cr margin 5.2%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 14%
3 years · compounded
▲ 20%
5 years · compounded
▲ 8%
EBITDA CAGR growth
1 year
▲ 4%
3 years · compounded
▲ 28%
5 years · compounded
▲ 13%

Revenue fell 14% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 8%. EBITDA rose 4% 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
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₹1.95 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹1.03 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin5.2%
Net Profit Margin2.8%
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 Forays Services & Constructions Private Limited, buy the company report.

Board of directors of Forays Services & Constructions Private Limited

Forays Services & Constructions has 2 directors on record. No former directors are listed.

Current Directors
NameDesignationAppointment DateTenureStatus
Mathew Mathew Mankanthanam
Also directs: Forays Innovations Private Limited
Managing Director30 Jun 200917 Years 4 MonthsCurrent
Suresh Puthenchira ThomasDirector30 Jun 200917 Years 4 MonthsCurrent
View all directors

Auditor

Forays Services & Constructions Private Limited is audited by KARM & CO. for the financial year 2022.

Auditor firmFinancial yearFirm registration number
KARM & CO.FY 2022105237W

Shareholding

The shareholding of Forays Services & Constructions Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2022FY 2021FY 2020FY 2019FY 2018
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Forays Services & Constructions Private Limited, buy the company report.

Charges & borrowings

Open charges
₹11 Cr
Satisfied charges
₹9.06 Cr
Breakdown by lending institutions
Others₹11.00 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
31 Jan 2019100264303Others₹11 CrOpen
29 Oct 201310457375Icici Bank Limited₹6.5 CrSatisfied
18 Mar 201010211226Vijaya Bank₹2.5 CrSatisfied
15 Mar 201010211225Vijaya Bank₹6 LakhSatisfied

To see the full charge records of Forays Services & Constructions Private Limited, buy the company report.

Total charge records: 4 View all charges

Credit ratings & regulatory alerts

Forays Services & Constructions Private Limited was last rated by Crisil on 02 Dec 2019.

Rating agencyRated onRating
Crisil02 Dec 2019

To see the full credit ratings and regulatory alerts of Forays Services & Constructions Private Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Forays Services & Constructions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Forays Services & Constructions Private Limited has a workforce of 733 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.

Employee count
733
Active EPFO establishments
1
Employee growth
33.03%

GST

Forays Services & Constructions has 10 GST registrations: 5 active and 5 cancelled or inactive. The first 4 active GSTINs are listed below.

Total GSTINs
10
Active
5
Cancelled / inactive
5
GSTINStateStatusRegistered on
27AABCF3882H1ZIMaharashtraActive01 Jul 2017
24AABCF3882H1ZOGujaratActive01 Jul 2017
08AABCF3882H1ZIRajasthanActive05 Apr 2018
10AABCF3882H1ZXBiharActive12 Apr 2018

To see the full GST registrations and return filing status of Forays Services & Constructions Private Limited, buy the company report.

Recent activity

Forays Services & Constructions Private Limited has 2 board changes on record since 2009: 2 appointments. The latest: Mathew Mathew Mankanthanam was appointed as Managing Director on 30 Jun 2009.

AGM
Forays Services & Constructions Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Forays Services & Constructions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai Ii.
Charges
A charge with Others of Rs. 1,100.00 Lakh registered on 31 Jan 2019 with Charge ID 100264303 was modified on 08 Aug 2023.
Charges
A charge registered on 15 Mar 2010 via Charge ID 10211225 with Vijaya Bank was fully satisfied on 27 May 2020.
Charges
A charge registered on 29 Oct 2013 via Charge ID 10457375 with Icici Bank Limited was fully satisfied on 28 Jun 2019.
Charges
A charge with Others amounted to Rs. 1,100.00 Lakh with Charge ID 100264303 was registered on 31 Jan 2019.
Charges
A charge registered on 18 Mar 2010 via Charge ID 10211226 with Vijaya Bank was fully satisfied on 11 Dec 2017.
Charges
A charge with Icici Bank Limited of Rs. 650.00 Lakh registered on 29 Oct 2013 with Charge ID 10457375 was modified on 29 May 2014.
Charges
A charge with Icici Bank Limited amounted to Rs. 650.00 Lakh with Charge ID 10457375 was registered on 29 Oct 2013.
Charges
A charge with Vijaya Bank of Rs. 250.00 Lakh registered on 18 Mar 2010 with Charge ID 10211226 was modified on 12 May 2012.
Charges
A charge with Vijaya Bank amounted to Rs. 250.00 Lakh with Charge ID 10211226 was registered on 18 Mar 2010.
Charges
A charge with Vijaya Bank amounted to Rs. 6.00 Lakh with Charge ID 10211225 was registered on 15 Mar 2010.

3 earlier events are in the company report.

Frequently asked questions

Forays Services & Constructions is an active private limited company based in Navi Mumbai, Maharashtra, India. The company works in general construction services, within the infrastructure and utilities industry. It was incorporated on 30 June 2009 (17+ years old) and is registered under CIN U45200MH2009PTC193688.

Forays Services & Constructions has 2 current directors:

The latest financial statements of Forays Services & Constructions 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 2015 are in the company report.

The GSTIN of Forays Services & Constructions is 27AABCF3882H1ZI, registered in Maharashtra. The company has 10 GST registrations in all, of which 5 are active and 5 are cancelled or inactive. Other active GSTINs include 24AABCF3882H1ZO (Gujarat), 08AABCF3882H1ZI (Rajasthan), 10AABCF3882H1ZX (Bihar).

The CIN (Corporate Identification Number) of Forays Services & Constructions is U45200MH2009PTC193688. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Forays Services & Constructions has 2 court cases on record: 2 filed against it.

Forays Services & Constructions was incorporated on 30 June 2009, making it 17+ years old. It is registered with the Registrar of Companies, Mumbai.

Mathew Mathew Mankanthanam was appointed as Managing Director on 30 Jun 2009. Suresh Puthenchira Thomas was appointed as Director on 30 Jun 2009.

Yes, Forays Services & Constructions is registered as a small enterprise under Udyam registration (number: UDYAM-MH-33-0011360).

Forays Services & Constructions can be reached through the website forays.co.in. Its registered office is in Navi Mumbai, Maharashtra, India.