MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-TN-02-0041118
Formigo Distribution Private Limited
Formigo Distribution Private Limited - machinery and equipment in Chennai, Tamil Nadu, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹9.5 Cr
▲ 20% YoY
Net loss · FY 2025
₹46.32 Lakh
Net margin -4.9%
EBITDA · FY 2025
-₹27.52 Lakh
EBITDA margin -2.9%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹4.8 Lakh
Issued & subscribed
Open charges
₹17.3 Lakh
Secured borrowings
Company age
7 yrs
Est. 2019
Directors on board
3
As per MCA filings
About Formigo Distribution Private Limited
Data last updated:
Formigo Distribution Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the industrial products retail and distribution segment of the machinery and industrial equipment sector. It was incorporated on 16 January 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U74999TN2019PTC126982. Its GSTIN is 33AADCF6196Q1ZZ (Tamil Nadu).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹4.8 Lakh. It is led by directors including Balaji and Jenifa Mary Devendran.
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Chennai, Tamil Nadu.
As per the financials filed for FY 2025, the company reported a revenue of ₹9.5 Cr, a growth of 20% compared to the previous year. For the same year it recorded a net loss of ₹46.32 Lakh (net margin -4.9%) and EBITDA of -₹27.52 Lakh (EBITDA margin -2.9%). Revenue has grown at a compounded annual rate (CAGR) of 47% over three years and 60% over five years.
As per MCA filings, the company has open charges of ₹17.3 Lakh on record.
Formigo Distribution Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-02-0041118). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U74999TN2019PTC126982
Registration Number 126982
Incorporation Date 16 January 2019
ROC Chennai
Listing Status Unlisted
Company Status Active
Date of Last AGM 29 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-TN-02-0041118
Recognitions & Rankings of Formigo Distribution
Contact details
Formigo Distribution Private Limited's registered office is in Chennai, Tamil Nadu. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressNo.32B 2nd Floor, Bharathiyar Street Vgn Shanthi Nagar, Chennai, Tamil Nadu, India – 600058
- IndustryMachinery and Equipment, Industrial Products Retail & Distribution
To see the full contact details of Formigo Distribution Private Limited, buy the company report.
Comprehensive company report
Formigo Distribution 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business activity
The main business activity of Formigo Distribution is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Formigo Distribution Private Limited, buy the company report.
Financials of Formigo Distribution Private Limited
FY 2025 filings availableFormigo Distribution Private Limited reported revenue of ₹9.5 Cr (up 20% YoY) for FY 2025.
Revenue · FY 2025
₹9.5 Cr ▲ 20%
Net loss · FY 2025
₹46.32 Lakh margin -4.9%
EBITDA · FY 2025
-₹27.52 Lakh margin -2.9%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 20%
3 years · compounded
▲ 47%
5 years · compounded
▲ 60%
EBITDA CAGR growth
1 year
▼ 476%
3 years · compounded
▼ 138%
5 years · compounded
▼ 91%
Revenue has grown at a compounded annual rate (CAGR) of 60% over five years, including 20% growth in the latest year. EBITDA fell 476% 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 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 | -₹27.52 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹46.32 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -2.9% | ||||
| Net Profit Margin | -4.9% | ||||
| 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 Formigo Distribution Private Limited, buy the company report.
Board of directors of Formigo Distribution Private Limited
Formigo Distribution has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Balaji Also directs: Daisoltech LLP | Director | 15 Feb 2021 | 5 Years 8 Months | Current |
| Jenifa Mary Devendran | Director | 16 Jan 2019 | 7 Years 9 Months | Current |
| Nishanthi Rajasekar | Director | 16 Jan 2019 | 7 Years 9 Months | Current |
Peer comparison
Formigo Distribution Private Limited is compared with the 3 companies closest to it by revenue in the Machinery and Equipment industry (Industrial Products Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Formigo Distribution Private Limitedthis company | ₹9.5 Cr (FY 2025) | -₹46.32 Lakh | -4.9% | 20.0% | Chennai, Tamil Nadu, India | |
| Sunqit Industrial Private Limited | ₹9.43 Cr (FY 2025) | -33.0% | Kancheepuram, Tamil Nadu, India | |||
| Aadwin Refrigeration India Private Limited | ₹9.41 Cr (FY 2023) | -46.0% | Delhi, India | |||
| I Torq (India) Private Limited | ₹9.39 Cr (FY 2025) | 51.0% | Hyderabad, Telangana, India |
To see the full peer comparison of Formigo Distribution Private Limited, buy the company report.
Auditor
Formigo Distribution Private Limited is audited by SURESH V & ASSOCIATES for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SURESH V & ASSOCIATES | FY 2019 | 015290S |
Shareholding
The shareholding of Formigo Distribution Private Limited is on record for FY 2019, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2019 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Formigo Distribution Private Limited, buy the company report.
Charges & borrowings
Open charges
₹17.3 Lakh
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 14 Dec 2023 | 100839655 | Hdfc Bank Limited | ₹17.3 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Formigo Distribution Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Formigo Distribution Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Formigo Distribution has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AADCF6196Q1ZZ | Tamil Nadu | Active | 23 Jan 2019 |
To see the full GST registrations and return filing status of Formigo Distribution Private Limited, buy the company report.
Recent activity
Formigo Distribution Private Limited has 5 board changes on record since 2019: 3 appointments and 2 cessations. The latest: Balaji ceased to be Additional Director on 28 Sep 2025.
AGM
Formigo Distribution Private Limited last Annual general meeting of members was held on 29 Sep 2025 as per latest MCA records.
Ceased
Balaji ceased to be Additional Director.
Filing
Formigo Distribution Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Chennai.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 17.30 Lakh with Charge ID 100839655 was registered on 14 Dec 2023.
Ceased
Shakila Banu ceased to be Director.
Appointed
Balaji was appointed as Director.
Appointed
Jenifa Mary Devendran was appointed as Director.
Appointed
Nishanthi Rajasekar was appointed as Director.
Incorporation
16 Jan 2019
Formigo Distribution Private Limited was registered on 16 Jan 2019 with Roc Chennai & aged 7 years 9 months as per MCA records.
Frequently asked questions
Formigo Distribution is an active private limited company based in Chennai, Tamil Nadu, India. The company works in industrial products retail and distribution, within the machinery and equipment industry. It was incorporated on 16 January 2019 (7+ years old) and is registered under CIN U74999TN2019PTC126982.
Formigo Distribution has 3 current directors:
- Balaji - Director
- Jenifa Mary Devendran - Director
- Nishanthi Rajasekar - Director
The latest financial statements of Formigo Distribution on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 29 September 2025. Year-wise statements from FY 2019 are in the company report.
The GSTIN of Formigo Distribution is 33AADCF6196Q1ZZ, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Formigo Distribution is U74999TN2019PTC126982. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Formigo Distribution was incorporated on 16 January 2019, making it 7+ years old. It is registered with the Registrar of Companies, Chennai.
The peers of Formigo Distribution by revenue are Sunqit Industrial Private Limited, Aadwin Refrigeration India Private Limited, I Torq (India) Private Limited, all in the Machinery and Equipment industry (Industrial Products Retail and Distribution), with the same principal business activity (wholesale trading).
Balaji ceased to be Additional Director on 28 Sep 2025. Shakila Banu ceased to be Director on 12 May 2022. Balaji was appointed as Director on 15 Feb 2021. Formigo Distribution has 5 board changes on record in total.
Yes, Formigo Distribution is registered as a small enterprise under Udyam registration (number: UDYAM-TN-02-0041118).
The registered office of Formigo Distribution is at No.32B 2nd Floor, Bharathiyar Street Vgn Shanthi Nagar, Chennai, Tamil Nadu, India – 600058.
Formigo Distribution operates in the machinery and equipment industry, in the industrial products retail and distribution segment.