Foundries Development Foundation
About Foundries Development Foundation
Data last updated:
Foundries Development Foundation is a public not for profit company based in Coimbatore, Tamil Nadu, India. It operates in the diversified business activities segment of the business services sector. It was incorporated on 12 January 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Coimbatore, under CIN U74999TZ2015NPL021035. Its GSTIN is 33AAAAF3484G1ZY (Tamil Nadu).
It is led by directors including Jagadeesan Ganeshkumar and Ramdass Jayakumar.
Its last annual general meeting (AGM) was held on 09 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Ground Floor Sf No.200/1 – A Trichy Road Ravathur Pirivu Kannampalayam, Coimbatore, Tamil Nadu, India – 641402.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.59 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹1.3 Cr (net margin 82%) and EBITDA of ₹1.3 Cr (EBITDA margin 82.2%). Revenue has grown at a compounded annual rate (CAGR) of 70% over three years and 48% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Foundries Development Foundation's registered office is in Coimbatore, Tamil Nadu. Its e-mail address is in the company report.
- Email
- Registered AddressGround Floor Sf No.200/1 – A Trichy Road Ravathur Pirivu Kannampalayam, Coimbatore, Tamil Nadu, India – 641402
- IndustryBusiness Services, Miscellaneous Business Activities, Other Services
To see the full contact details of Foundries Development Foundation, buy the company report.
- 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
Business activity
The main business activity of Foundries Development Foundation is information and communication. In detail, this covers other information & communication service activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service activities |
To see the full business activity and turnover split of Foundries Development Foundation, buy the company report.
Financials of Foundries Development Foundation
FY 2025 filings availableFoundries Development Foundation reported revenue of ₹1.59 Cr (up 212% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 48% over five years, including 212% growth in the latest year. EBITDA rose 268% 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 | ₹1.3 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.3 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 82.2% | ||||
| Net Profit Margin | 82% | ||||
| 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 Foundries Development Foundation, buy the company report.
Board of directors of Foundries Development Foundation
Foundries Development Foundation has 11 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kasthuri Rajinikanth Also directs: RSM Autokast Private Limited | Additional Director | 15 Sep 2025 | 1 Years 1 Months | Current |
| Jagadeesan Ganeshkumar | Director | 30 Dec 2021 | 4 Years 9 Months | Current |
| Ramdass Jayakumar | Director | 12 Jan 2015 | 11 Years 9 Months | Current |
| Ranganathan Saravanan | Director | 12 Jan 2015 | 11 Years 9 Months | Current |
| Ezhil Govindasamy Also directs: Ultimate Alloys Private Limited, Natrinai Solar Park Two Private Limited, Natrinai Solar Park Private Limited and 2 more | Director | 30 Dec 2021 | 4 Years 9 Months | Current |
| Karuppanna Gounder Veluswami Also directs: Marks Engineering Works Private Limited | Director | 11 Aug 2025 | 1 Years 2 Months | Current |
Peer comparison
Foundries Development Foundation is compared with the 10 companies closest to it by revenue in the same principal business activity (other information & communication service activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Navasal International Private Limited | ₹1.59 Cr (FY 2025) | -46.0% | Gollapudi, Andhra Pradesh, India | |||
| Harken Data India Private Limited | ₹1.59 Cr (FY 2024) | 12.0% | Agra, Uttar Pradesh, India | |||
| Helloar Technologies Private Limited | ₹1.59 Cr (FY 2024) | -3.0% | Bengaluru, Karnataka, India | |||
| Adwings Advertisers Private Limited | ₹1.59 Cr (FY 2022) | -3.0% | Lucknow, Uttar Pradesh, India | |||
| Peace BPO Services Private Limited | ₹1.59 Cr (FY 2023) | Thane, Maharashtra, India | ||||
| Foundries Development Foundationthis company | ₹1.59 Cr (FY 2025) | ₹1.3 Cr | 82% | 212.0% | Coimbatore, Tamil Nadu, India | |
| Long Shot Innovations Private Limited | ₹1.59 Cr (FY 2025) | 13.0% | Mumbai, Maharashtra, India | |||
| Livetimes Media Private Limited | ₹1.59 Cr (FY 2024) | 5.0% | Solan, Himachal Pradesh, India | |||
| Appineers India Private Limited | ₹1.59 Cr (FY 2021) | 455.0% | Pune, Maharashtra, India | |||
| Estrrado Technology Solutions Private Limited | ₹1.59 Cr (FY 2024) | 48.0% | Thiruvananthapuram, Kerala, India | |||
| Destek Infosolutions Private Limited | ₹1.59 Cr (FY 2024) | -26.0% | Pune, Maharashtra, India |
To see the full peer comparison of Foundries Development Foundation, buy the company report.
Legal cases
No court or tribunal cases involving Foundries Development Foundation 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 Foundries Development Foundation; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Foundries Development Foundation has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAAAF3484G1ZY | Tamil Nadu | Active | 01 Sep 2017 |
To see the full GST registrations and return filing status of Foundries Development Foundation, buy the company report.
Recent activity
Foundries Development Foundation has 20 board changes on record since 2015: 11 appointments and 9 cessations. The latest: Kasthuri Rajinikanth was appointed as Additional Director on 15 Sep 2025.
11 earlier events are in the company report.
Frequently asked questions
Foundries Development Foundation is an active public not for profit company based in Coimbatore, Tamil Nadu, India. The company works in miscellaneous business activities, within the business services industry. It was incorporated on 12 January 2015 (11+ years old) and is registered under CIN U74999TZ2015NPL021035.
Foundries Development Foundation has 11 current directors:
- Kasthuri Rajinikanth - Additional Director
- Jagadeesan Ganeshkumar - Director
- Ramdass Jayakumar - Director
- Ranganathan Saravanan - Director
- Ezhil Govindasamy - Director
- Karuppanna Gounder Veluswami - Director
- Subbaiah Muthumumar - Director
- Nithyanandan Devaraj - Director
- Kottikollan Edavalath Moidu - Director
- Ramesh Muthuramalingam - Director
- Venkatachalam Sivaprakash - Director
The latest financial statements of Foundries Development Foundation on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 09 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Foundries Development Foundation is 33AAAAF3484G1ZY, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Foundries Development Foundation is U74999TZ2015NPL021035. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Foundries Development Foundation was incorporated on 12 January 2015, making it 11+ years old. It is registered with the Registrar of Companies, Coimbatore.
The peers of Foundries Development Foundation by revenue are Navasal International Private Limited, Harken Data India Private Limited, Helloar Technologies Private Limited, Adwings Advertisers Private Limited, Peace BPO Services Private Limited and 5 more, all in the same principal business activity (other information & communication service activities).
Kasthuri Rajinikanth was appointed as Additional Director on 15 Sep 2025. Krishna Samaraj Narayanaswamy ceased to be Director on 09 Sep 2025. Karuppanna Gounder Veluswami ceased to be Additional Director on 08 Sep 2025. Foundries Development Foundation has 20 board changes on record in total.
The registered office of Foundries Development Foundation is at Ground Floor Sf No.2001 – A Trichy Road Ravathur Pirivu Kannampalayam, Coimbatore, Tamil Nadu, India – 641402.
Foundries Development Foundation operates in the business services industry, in the miscellaneous business activities segment.
The compliance status of Foundries Development Foundation is compliant as of 10 September 2026. The company is actively filing with the Registrar of Companies.