About Forthright Global Private Limited
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Forthright Global Private Limited is a private limited company based in Bengaluru, Karnataka, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 23 January 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72900KA2017PTC099370. Its GSTIN is 29AADCF0503B1ZC (Karnataka).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Randhir Kumar and Pankaj Kumar.
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 No.43 2nd Floor Wilson Garden Housing Society Opp. To Rbi Layout Jp Nagar 7th Phase, Bengaluru, Karnataka, India – 560078.
As per the financials filed for FY 2024, the company reported a revenue of ₹29.86 Lakh, a decline of 22% compared to the previous year. For the same year it recorded a net loss of ₹3.61 Lakh (net margin -12.1%) and EBITDA of -₹3.42 Lakh (EBITDA margin -11.4%). Revenue has declined at a compounded annual rate (CAGR) of 51% over three years and 7% over five years.
The company is associated with 1 brand: Forthright Global.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website forthrightglobal.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressNo.43 2nd Floor Wilson Garden Housing Society Opp. To Rbi Layout Jp Nagar 7th Phase, Bengaluru, Karnataka, India – 560078
- 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 Forthright Global Private Limited
The main business activity of Forthright Global is information and communication. In detail, this covers other information & communication service activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service 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 Forthright Global Private Limited FY 2024 filings available
Forthright Global Private Limited reported revenue of ₹29.86 Lakh (down 22% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Forthright Global Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 7% over five years, including a 22% fall in the latest year. EBITDA fell 316% 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 Forthright Global 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 | -₹3.42 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹3.61 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 Forthright Global Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -11.4% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -12.1% | •••• | •••• | •••• | •••• |
| 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 Forthright Global are in the company report.
Financial statements from FY 2017
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 Forthright Global Private Limited
Forthright Global Private Limited is compared with the companies closest to it by revenue in the Engineering industry (Engineering Design). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Innomech Technologies Private Limited | ₹30.4 Lakh (FY 2024) | •••• | •••• | 154.0% | •••• | Bangalore, Karnataka, India |
| Hiq Power Associates Private Limited | ₹30.33 Lakh (FY 2025) | •••• | •••• | -32.0% | •••• | Chennai, Tamil Nadu, India |
| Studio Inaxis Private Limited | ₹30.27 Lakh (FY 2025) | •••• | •••• | 67.0% | •••• | Delhi, India |
| Erkaas India Private Limited | ₹30.12 Lakh (FY 2025) | •••• | •••• | -62.0% | •••• | Delhi, India |
| CNV Engineering Private Limited | ₹29.99 Lakh (FY 2025) | •••• | •••• | 342.0% | •••• | New Delhi, Delhi, India |
| Forthright Global Private Limited this company | ₹29.86 Lakh (FY 2024) | •••• | •••• | -22.0% | •••• | Bengaluru, Karnataka, India |
| Aviner Network Engineering Private Limited | ₹29.78 Lakh (FY 2019) | •••• | •••• | •••• | New Delhi, Delhi, India | |
| Prudent Designs Private Limited | ₹29.72 Lakh (FY 2022) | •••• | •••• | 79.0% | •••• | Pune, Maharashtra, India |
| En3 Sustainability Solutions Private Limited | ₹29.64 Lakh (FY 2025) | •••• | •••• | -70.0% | •••• | Chennai, Tamil Nadu, India |
| Citihut Realty Private Limited | ₹29.53 Lakh (FY 2025) | •••• | •••• | -65.0% | •••• | Bangalore, Karnataka, India |
| Excelize Engineering Services Private Limited | ₹29.48 Lakh (FY 2025) | •••• | •••• | 35.0% | •••• | Aurangabad, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Forthright Global by revenue in the Engineering industry (Engineering Design), 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 Forthright Global Private Limited
Forthright Global Private Limited is audited by DEVAS & VENU for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| DEVAS & VENU | 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 Forthright Global Private Limited
Forthright Global has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Randhir Kumar | Director | 23 Jan 2017 | 9 Years 8 Months | Current |
| Pankaj Kumar Also directs: V5 Techsol India LLP | Director | 23 Jan 2017 | 9 Years 8 Months | Current |
Ownership and Shareholding of Forthright Global 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 Forthright Global Private Limited
Forthright Global Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Associated Brands with Forthright Global Private Limited
Forthright Global operates one associated brand: Forthright Global. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers mechanical design, electronic design, and IT services to global customers. | forthrightglobal.com |
Employees and EPFO Compliance at Forthright Global Private Limited
Employment history and EPFO contributions of people linked to Forthright Global.
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 Forthright Global Private Limited
Forthright Global Private Limited has 2 board changes on record since 2017: 2 appointments. The latest: Pankaj Kumar was appointed as Director on 23 Jan 2017.
Credit Ratings, Litigation & Regulatory Alerts for Forthright Global 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 Forthright Global 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 Forthright Global 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 Forthright Global Private Limited
Forthright Global has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AADCF0503B1ZC | Karnataka | Active | 27 Sep 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.
MCA Filings & Documents of Forthright Global 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 Forthright Global Private Limited
Forthright Global is an active private limited company based in Bengaluru, Karnataka, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 23 January 2017 (9+ years old) and is registered under CIN U72900KA2017PTC099370.
Forthright Global reported revenue of ₹29.86 Lakh for FY 2024 (down 22% YoY).
Forthright Global has 2 current directors:
- Randhir Kumar - Director
- Pankaj Kumar - Director
Forthright Global reported a net loss of ₹3.61 Lakh (net margin -12.1%) and EBITDA of -₹3.42 Lakh (EBITDA margin -11.4%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Forthright Global is 51% over three years and -7% over five years. In the latest year (FY 2024) revenue fell 22%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Forthright Global is 29AADCF0503B1ZC, registered in Karnataka.
The CIN (Corporate Identification Number) of Forthright Global is U72900KA2017PTC099370. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Forthright Global was incorporated on 23 January 2017, making it 9+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Forthright Global by revenue are Innomech Technologies Private Limited, Hiq Power Associates Private Limited, Studio Inaxis Private Limited, Erkaas India Private Limited, CNV Engineering Private Limited and 5 more, all in the Engineering industry (Engineering Design).
Pankaj Kumar was appointed as Director on 23 Jan 2017. Randhir Kumar was appointed as Director on 23 Jan 2017.
Forthright Global can be reached through the website forthrightglobal.com. Its registered office is in Bengaluru, Karnataka, India.