Foresight Automation Products Private Limited

Foresight Automation Products Private Limited - information technology in Bangalore, Karnataka, India. Directors, charges & compliance details.
CIN U72200KA2000PTC026577 Incorporated 10 March 2000 ROC Bangalore HQ Bangalore, Karnataka, India
Converted to LLP Private Limited Company information technology
Data last updated
Revenue · FY 2024
₹74,916
▼ 90% YoY
Net loss · FY 2024
₹2.31 Lakh
Net margin -308.2%
EBITDA · FY 2024
-₹2.3 Lakh
EBITDA margin -306.8%
Authorised capital
₹5.8 Cr
Registered with MCA
Paid-up capital
₹5.78 Cr
Issued & subscribed
Satisfied charges
₹1.43 Cr
No open charges
Company age
26 yrs
Est. 2000
Employees · EPFO
28
Provident fund records

About Foresight Automation Products Private Limited

Data last updated:

Foresight Automation Products Private Limited was a private limited company based in Bangalore, Karnataka, India. The company has been converted to a Limited Liability Partnership (LLP) and no longer exists as a company. For the latest details, refer to the successor LLP. It operated in the IT products retail and distribution segment of the technology and IT services sector. It was incorporated on 10 March 2000.

The company was registered with the Registrar of Companies (ROC), Bangalore, under CIN U72200KA2000PTC026577. Its GSTIN is 29AAACF4387N1Z0 (Karnataka). The company held 2 GST registrations, all of them active.

The company had an authorised share capital of ₹5.8 Cr and a paid-up capital of ₹5.78 Cr. It was led by directors Sudha Prasad (Whole-Time Director) and Mukund Kakatkar.

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 was at 55 New No.37 16th Cross Gdp Extn. Vyalikaval, Bangalore, Karnataka, India – 560003.

As per the financials filed for FY 2024, the company reported a revenue of ₹74,916, a decline of 90% compared to the previous year. For the same year it recorded a net loss of ₹2.31 Lakh (net margin -308.2%) and EBITDA of -₹2.3 Lakh (EBITDA margin -306.8%). Revenue has declined at a compounded annual rate (CAGR) of 92% over three years and 79% over five years.

The company has about 28 employees on its provident fund (EPFO) records.

As per MCA filings, the company has satisfied charges of ₹1.43 Cr on record. Court records list 2 cases involving the company, including 2 filed by the company.

The last known website on record is foresightho.in.

Company Details of Foresight Automation Products Private Limited
CIN U72200KA2000PTC026577
Registration Number 026577
Incorporation Date 10 March 2000
ROC Bangalore
Listing Status Unlisted
Company Status Converted to LLP
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Social Media
    Locked
  • Registered Address
    55 New No.37 16th Cross Gdp Extn. Vyalikaval, Bangalore, Karnataka, India – 560003
  • Industry
    Information Technology, IT Products Retail & Distribution
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Financials, compliance, directors, charges, ownership and filings for Foresight Automation Products Private Limited in one report.

Financials from 2015 Directors & ownership Charges & compliance

Financials of Foresight Automation Products Private Limited FY 2024 filings available

Foresight Automation Products Private Limited reported revenue of ₹74,916 (down 90% YoY) for FY 2024.

Revenue · FY 2024
₹74,916 ▼ 90%
Net loss · FY 2024
₹2.31 Lakh margin -308.2%
EBITDA · FY 2024
-₹2.3 Lakh margin -306.8%

Compounded Annual Growth Rate (CAGR) of Foresight Automation Products Private Limited

Revenue CAGR growth
1 year
▼ 90%
3 years · compounded
▼ 92%
5 years · compounded
▼ 79%
EBITDA CAGR growth
1 year
▼ 84%
3 years · compounded
▼ 29%
5 years · compounded
▼ 15%

Revenue has declined at a compounded annual rate (CAGR) of 79% over five years, including a 90% fall in the latest year. EBITDA fell 84% 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 Foresight Automation Products Private Limited

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 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-₹2.3 Lakh••••••••••••••••
Profit Before Tax••••••••••••••••••••
Tax Expense••••••••••••••••••••
Net Profit (PAT)-₹2.31 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 Foresight Automation Products Private Limited

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin-306.8%••••••••••••••••
Net Profit Margin-308.2%••••••••••••••••
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 Foresight Automation Products are in the company report.

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Financial statements from 2015

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Peer Comparison of Foresight Automation Products Private Limited

Foresight Automation Products Private Limited is compared with the companies closest to it by revenue in the Information Technology industry (Automation, IT Products Retail and Distribution). Net profit, margin and employee counts of each company are in the company report.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
San Computech Private Limited₹75,780 (FY 2025)••••••••••••New Delhi, Delhi, India
Siddhiksha Traders Private Limited₹75,738 (FY 2016)••••••••118.0%••••New Delhi, Delhi, India
Axis Technologies Private Limited₹75,000 (FY 2025)••••••••-97.0%••••New Delhi, Delhi, India
Rca Consultancy Services Private Limited₹75,000 (FY 2025)••••••••50.0%••••Kolkata, West Bengal, India
Pbo Robotics & Automation Private Limited₹75,000 (FY 2024)••••••••-96.0%••••New Delhi, Delhi, India
Foresight Automation Products Private Limited this company₹74,916 (FY 2024)••••••••-90.0%••••Bangalore, Karnataka, India
Radles Technology Private Limited₹74,542 (FY 2023)••••••••1391.0%••••New Delhi, Delhi, India
Big Arch Sofmedia Solutions Private Limited₹74,300 (FY 2015)••••••••-94.0%••••Bangalore, Karnataka, India
Inspira IT Products Private Limited₹73,200 (FY 2025)••••••••-99.0%••••Mumbai, Maharashtra, India
Seabrook Technology India Private Limited₹72,865 (FY 2024)••••••••-99.0%••••Bangalore, Karnataka, India
Hma Starware Private Limited₹72,210 (FY 2025)••••••••2.0%••••Chennai, Tamil Nadu, India

Peers are the five companies nearest above and the five nearest below Foresight Automation Products by revenue in the Information Technology industry (Automation, IT Products Retail and Distribution), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.

Auditor Details of Foresight Automation Products Private Limited

Foresight Automation Products Private Limited is audited by KRISHNAMURTHY SUBRAMANYAM & HARISH for the financial year 2020.

NameStatusAppointment DateCessation Date
KRISHNAMURTHY SUBRAMANYAM & HARISHLockedLockedLocked
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Board of Directors of Foresight Automation Products Private Limited

Foresight Automation Products has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.

Directors (as last reported)
NameDesignationAppointment DateTenureStatus
Mukund KakatkarDirector10 Mar 200026 Years 7 MonthsAs last reported
Sudha PrasadWhole-Time Director17 Jan 20233 Years 9 MonthsAs last reported

Ownership and Shareholding of Foresight Automation Products Private Limited

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Charges & Borrowings of Foresight Automation Products Private Limited

Open charges
None
Satisfied charges
₹1.43 Cr
Breakdown by lending institutions
Others₹1.43 Cr
Latest charge details
DateLenderAmountStatus
31 Aug 2018Others₹8 LakhSatisfied
03 Mar 2008Others₹1.35 CrSatisfied

Total charge records: 2 View all charges

Employees and EPFO Compliance at Foresight Automation Products Private Limited

Foresight Automation Products Private Limited has a workforce of 28 employees as of Apr 07, 2024.

Employee count
28
Active EPFO establishments
1
Employee growth
-22.22%
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Monthly headcount, contribution history and filing status are in the company report.

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Recent Activity on Foresight Automation Products Private Limited

Foresight Automation Products Private Limited has 4 board changes on record since 2000: 2 appointments and 2 cessations. The latest: Sudha Prasad ceased to be Additional Director on 28 Sep 2023.

AGM
Foresight Automation Products Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Foresight Automation Products Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
Charges
A charge registered on 31 Aug 2018 via Charge ID 100219151 with Others was fully satisfied on 16 Jan 2024.
Charges
A charge registered on 03 Mar 2008 via Charge ID 10098926 with Others was fully satisfied on 16 Jan 2024.
Ceased
Sudha Prasad ceased to be Additional Director.
Appointed
Sudha Prasad was appointed as Whole-Time Director.
Ceased
Kotur Srinivasan Narasimha Prasad ceased to be Director.
Charges
A charge with Others amounted to Rs. 0.08 Cr with Charge ID 100219151 was registered on 31 Aug 2018.
Charges
A charge with Others of Rs. 1.35 Cr registered on 03 Mar 2008 with Charge ID 10098926 was modified on 28 Sep 2016.
Charges
A charge with Others amounted to Rs. 1.35 Cr with Charge ID 10098926 was registered on 03 Mar 2008.
Appointed
Mukund Kakatkar was appointed as Director.
Incorporation
10 Mar 2000
Foresight Automation Products Private Limited was registered on 10 Mar 2000 with Roc Bangalore & aged 26 years 7 months as per MCA records.

Credit Ratings, Litigation & Regulatory Alerts for Foresight Automation Products Private Limited

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MSME Payment Delays by Foresight Automation Products Private Limited

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Subsidiaries & Group Companies of Foresight Automation Products Private Limited

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GST Compliance of Foresight Automation Products Private Limited

Foresight Automation Products has 2 GST registrations: 2 active.

Total GSTINs
2
Active
2
GSTINStateStatusRegistered on
29AAACF4387N1Z0KarnatakaActive01 Jul 2017
33AAACF4387N1ZBTamil NaduActive01 Jul 2017
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MCA Filings & Documents of Foresight Automation Products Private Limited

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Frequently Asked Questions about Foresight Automation Products Private Limited

Foresight Automation Products has been "Converted to LLP" - the business changed its legal structure from a company to a Limited Liability Partnership. The original company no longer exists in its previous form. For the latest information, refer to the successor LLP entity registered with MCA.

Foresight Automation Products was a private limited company based in Bangalore, Karnataka, India. The company worked in IT products retail and distribution, within the information technology industry. It was incorporated on 10 March 2000 and is registered under CIN U72200KA2000PTC026577. For the latest details, refer to the successor LLP entity.

The CIN (Corporate Identification Number) of Foresight Automation Products is U72200KA2000PTC026577. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Foresight Automation Products had 2 directors:

Foresight Automation Products was incorporated on 10 March 2000. It is registered with the Registrar of Companies, Bangalore.

Foresight Automation Products can be reached through the website foresightho.in. Its registered office is in Bangalore, Karnataka, India.

The registered office of Foresight Automation Products is at 55 New No.37 16th Cross Gdp Extn. Vyalikaval, Bangalore, Karnataka, India – 560003.

Foresight Automation Products reported revenue of ₹74,916 for FY 2024 (down 90% YoY).

Foresight Automation Products has an authorised share capital of ₹5.8 Cr and a paid-up capital of ₹5.78 Cr.

Foresight Automation Products reported a net loss of ₹2.31 Lakh (net margin -308.2%) and EBITDA of -₹2.3 Lakh (EBITDA margin -306.8%) for FY 2024, as per its filed financial statements.

The GSTIN of Foresight Automation Products is 29AAACF4387N1Z0, registered in Karnataka. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 33AAACF4387N1ZB (Tamil Nadu).

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