Foundever Enterprises India Private Limited

Foundever Enterprises India Private Limited - information technology in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
CIN U72200MH2002PTC466007 Incorporated 15 May 2002 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Private Limited Company information technology
Revenue · FY 2025
₹10.46 Cr
▲ 8% YoY
Net profit · FY 2025
₹1.24 Cr
Net margin 11.9%
EBITDA · FY 2025
₹1.69 Cr
EBITDA margin 16.2%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹10 Lakh
Issued & subscribed
Open charges
₹16.25 Lakh
Secured borrowings
Company age
24 yrs
Est. 2002
Employees · EPFO
49
Provident fund records

About Foundever Enterprises India Private Limited

Data last updated:

Foundever Enterprises India Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Sykes India Holdings Corporation. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 15 May 2002 and has been in existence for over 24 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U72200MH2002PTC466007. Its GSTIN is 29AAGCS2081J1Z2 (Karnataka).

The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors including Carole Benedicte Jacqueline Bohrer and Sarfaraz Abdul Kader.

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 Mumbai, Maharashtra.

As per the financials filed for FY 2025, the company reported a revenue of ₹10.46 Cr, a growth of 8% compared to the previous year. For the same year it recorded a net profit of ₹1.24 Cr (net margin 11.9%) and EBITDA of ₹1.69 Cr (EBITDA margin 16.2%). Revenue has declined at a compounded annual rate (CAGR) of 13% over three years and 5% over five years.

The company has about 49 employees on its provident fund (EPFO) records.

As per MCA filings, the company has open charges of ₹16.25 Lakh on record.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website foundever.com.

Company details

CIN U72200MH2002PTC466007
Registration Number 466007
Incorporation Date 15 May 2002
ROC Mumbai
Listing Status Unlisted
Company Status Active
Parent Company Sykes India Holdings Corporation
Compliance Status Active Compliant

CIN history

Foundever Enterprises India has one previous CIN (Corporate Identification Number): U72200KA2002PTC030497. The current CIN is U72200MH2002PTC466007, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U72200MH2002PTC466007Current
U72200KA2002PTC030497Previous

Contact details

Foundever Enterprises India Private Limited's registered office is in Mumbai, Maharashtra.

  • Social Media
  • Registered Address
    Foundever 501 5th Floor Boomerang Building, Chandivali Farm Road Chandivali Andheri E, Mumbai, Maharashtra, India – 400072
  • Industry
    Information Technology, Application Development & Software Solutions, IT Consulting & Support Services
Comprehensive company report
Foundever Enterprises India Private Limited - one report that includes everything
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  • 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 Foundever Enterprises India is information and communication. In detail, this covers other information & communication service activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
JInformation and communicationJ8Other information & communication service activities

To see the full business activity and turnover split of Foundever Enterprises India Private Limited, buy the company report.

Financials of Foundever Enterprises India Private Limited

FY 2025 filings available

Foundever Enterprises India Private Limited reported revenue of ₹10.46 Cr (up 8% YoY) for FY 2025.

Revenue · FY 2025
₹10.46 Cr ▲ 8%
Net profit · FY 2025
₹1.24 Cr margin 11.9%
EBITDA · FY 2025
₹1.69 Cr margin 16.2%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 8%
3 years · compounded
▼ 13%
5 years · compounded
▼ 5%
EBITDA CAGR growth
1 year
▲ 11%
3 years · compounded
▼ 13%
5 years · compounded
▼ 6%

Revenue rose 8% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 5%. EBITDA rose 11% 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₹1.69 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹1.24 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 Margin16.2%
Net Profit Margin11.9%
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 Foundever Enterprises India Private Limited, buy the company report.

Board of directors of Foundever Enterprises India Private Limited

Foundever Enterprises India has 3 current directors and 11 former directors. Current directors are listed first, with their designation and appointment date.

Charges & borrowings

Open charges
₹16.25 Lakh
Satisfied charges
None
Breakdown by lending institutions
Others₹0.16 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
30 Jan 2020100321102Others₹16.25 LakhOpen

Total charge records: 1 View all charges

MSME payment delays

Foundever Enterprises India Private Limited has 1 MSME Form 1 return on record for the period ending Mar 2024, listing 2 overdue payments to 1 micro and small supplier. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.

Suppliers with reported dues (1 of 1)

SupplierAmount dueDue sinceReported on
Jmja and Associates LLP

To see the full MSME payment records of Foundever Enterprises India Private Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

GST

Foundever Enterprises India has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
29AAGCS2081J1Z2KarnatakaActive01 Jul 2017

To see the full GST registrations and return filing status of Foundever Enterprises India Private Limited, buy the company report.

Recent activity

Foundever Enterprises India Private Limited has 14 board changes on record since 2014: 3 appointments and 11 cessations. The latest: Mariano Ii Villafranca ceased to be Additional Director on 29 Sep 2025.

AGM
Foundever Enterprises India Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Ceased
Mariano Ii Villafranca ceased to be Additional Director.
Ceased
Sarfaraz Abdul Kader ceased to be Additional Director.
Appointed
Soham Rajnikant Raval was appointed as Director.
Appointed
Sarfaraz Abdul Kader was appointed as Director.
Filing
Foundever Enterprises India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Ceased
Carole Benedicte Jacqueline Bohrer ceased to be Additional Director.
Ceased
Gautam Sinha ceased to be Additional Director.
Ceased
Ravi Krishnaswamy Iyengar ceased to be Additional Director.
Ceased
Zameerahmedzaheer ceased to be Additional Director.
Appointed
Carole Benedicte Jacqueline Bohrer was appointed as Director.
Ceased
Prashanth Krishna Setty ceased to be Director.

6 earlier events are in the company report.

Frequently asked questions

Foundever Enterprises India is an active private limited company based in Mumbai, Maharashtra, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 15 May 2002 (24+ years old) and is registered under CIN U72200MH2002PTC466007.

Foundever Enterprises India has 3 current directors:

The latest financial statements of Foundever Enterprises India 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 Foundever Enterprises India is 29AAGCS2081J1Z2, registered in Karnataka.

The CIN (Corporate Identification Number) of Foundever Enterprises India is U72200MH2002PTC466007. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Foundever Enterprises India was incorporated on 15 May 2002, making it 24+ years old. It is registered with the Registrar of Companies, Mumbai.

Mariano Ii Villafranca ceased to be Additional Director on 29 Sep 2025. Sarfaraz Abdul Kader ceased to be Additional Director on 29 Sep 2025. Soham Rajnikant Raval was appointed as Director on 04 Sep 2025. Foundever Enterprises India has 14 board changes on record in total.

Foundever Enterprises India has 1 MSME Form 1 return on record for the period ending Mar 2024, listing 2 overdue payments to 1 micro and small supplier. The latest return was filed on 30 Apr 2024.

Foundever Enterprises India can be reached through the website foundever.com. Its registered office is in Mumbai, Maharashtra, India.

The registered office of Foundever Enterprises India is at Foundever 501 5th Floor Boomerang Building, Chandivali Farm Road Chandivali Andheri E, Mumbai, Maharashtra, India – 400072.

Foundever Enterprises India operates in the information technology industry, in the application development and software solutions segment.