About Foresight Software Solutions Private Limited
Data last updated:
Foresight Software Solutions Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the IT products retail and distribution segment of the technology and IT services sector. It was incorporated on 17 January 1991 and has been in existence for over 35 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72300KA1991PTC011576. Its GSTIN is 29AAACF4053H1ZQ (Karnataka).
The company has an authorised share capital of ₹2 Lakh and a paid-up capital of ₹88,550. It was formerly known as Foresight Marketing Private Limited. It is led by directors including 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 is at New No. 37 16th Cross Vyalikaval Bangalore, Karnataka, India – 560003.
As per the financials filed for FY 2024, the company reported a revenue of ₹46.93 Cr, a growth of 23% compared to the previous year. For the same year it recorded a net profit of ₹50.06 Lakh (net margin 1.1%) and EBITDA of ₹73.02 Lakh (EBITDA margin 1.6%). Revenue has grown at a compounded annual rate (CAGR) of 21% over three years and 16% over five years.
The company has about 21 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 foresightho.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressNew No. 37 16th Cross Vyalikaval Bangalore, Karnataka, India – 560003
- IndustryInformation Technology, IT Products Retail & Distribution
- 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
CIN History of Foresight Software Solutions Private Limited
Foresight Software Solutions has one previous CIN (Corporate Identification Number): U74140KA1991PTC011576. The current CIN is U72300KA1991PTC011576, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U72300KA1991PTC011576 | Current |
| U74140KA1991PTC011576 | Previous |
Business Activity of Foresight Software Solutions Private Limited
The main business activity of Foresight Software Solutions is information and communication. In detail, this covers publishing of computer operating systems, system software, application software, games, etc..
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J2 | Publishing of computer operating systems, system software, application software, games, etc. | 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.
Auditor Details of Foresight Software Solutions Private Limited
Foresight Software Solutions Private Limited is audited by Krishnamurthy Subramanyam & Harish for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Krishnamurthy Subramanyam & Harish | 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 Foresight Software Solutions Private Limited
Foresight Software Solutions has 4 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vijaya Bhasker Kankipati | Additional Director | 25 Nov 2025 | 0 Years 10 Months | Current |
| Mukund Kakatkar Also directs: Foresight Automation Products LLP | Director | 05 Mar 2003 | 23 Years 7 Months | Current |
| Sudha Prasad Also directs: Foresight Automation Products LLP | Whole-Time Director | 17 Jan 2023 | 3 Years 8 Months | Current |
| Karunakar Addala | Additional Director | 25 Nov 2025 | 0 Years 10 Months | Current |
Financials of Foresight Software Solutions Private Limited FY 2024 filings available
Foresight Software Solutions Private Limited reported revenue of ₹46.93 Cr (up 23% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Foresight Software Solutions Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 16% over five years, including 23% growth in the latest year. EBITDA rose 32% 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 Software Solutions 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 | ₹73.02 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹50.06 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 Software Solutions Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 1.6% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 1.1% | •••• | •••• | •••• | •••• |
| 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 Software Solutions 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.
Ownership and Shareholding of Foresight Software Solutions 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 Foresight Software Solutions Private Limited
Foresight Software Solutions Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Foresight Software Solutions Private Limited
Foresight Software Solutions Private Limited has a workforce of 21 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.
GST Compliance of Foresight Software Solutions Private Limited
Foresight Software Solutions has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAACF4053H1ZQ | Karnataka | Active | 01 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.
Credit Ratings, Litigation & Regulatory Alerts for Foresight Software Solutions 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 Foresight Software Solutions 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 Foresight Software Solutions 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.
MCA Filings & Documents of Foresight Software Solutions 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.
Recent Activity on Foresight Software Solutions Private Limited
Recent News on Foresight Software Solutions Private Limited
Frequently Asked Questions about Foresight Software Solutions Private Limited
Foresight Software Solutions is an active private limited company based in Bangalore, Karnataka, India. The company works in IT products retail and distribution, within the information technology industry. It was incorporated on 17 January 1991 (35+ years old) and is registered under CIN U72300KA1991PTC011576.
Foresight Software Solutions reported revenue of ₹46.93 Cr for FY 2024 (up 23% YoY).
Foresight Software Solutions has 4 current directors:
- Sudha Prasad - Whole-Time Director
- Vijaya Bhasker Kankipati - Additional Director
- Mukund Kakatkar - Director
- Karunakar Addala - Additional Director
Foresight Software Solutions reported a net profit of ₹50.06 Lakh (net margin 1.1%) and EBITDA of ₹73.02 Lakh (EBITDA margin 1.6%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Foresight Software Solutions is 21% over three years and 16% over five years. In the latest year (FY 2024) revenue rose 23%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Foresight Software Solutions is 29AAACF4053H1ZQ, registered in Karnataka.
The CIN (Corporate Identification Number) of Foresight Software Solutions is U72300KA1991PTC011576. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Foresight Software Solutions was incorporated on 17 January 1991, making it 35+ years old. It is registered with the Registrar of Companies, Bangalore.
Foresight Software Solutions can be reached through the website foresightho.com. Its registered office is in Bangalore, Karnataka, India.