Kay Foam Limited
About Kay Foam Limited
Data last updated:
Kay Foam Limited is a public limited company based in Mumbai, Maharashtra, India. It operates in the general construction services segment of the infrastructure and utilities sector. It was incorporated on 15 April 1971 and has been in existence for over 55 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U24100MH1971PLC015113. The company has 2 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹24.5 Lakh. It was formerly known as Kanumama Foam Pvt Ltd. It is led by directors including Kunal Jayesh Kapadia and Jayeshkumar Krishnakumar Kapadia.
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 16 Mumbai Samacharmaru Sirvithaldas Chembers Fort, Maharashtra, India – 400023.
As per the financials filed for FY 2025, the company reported a revenue of ₹5.66 Lakh, a growth of 5% compared to the previous year. For the same year it recorded a net loss of ₹2.52 Lakh (net margin -44.5%) and EBITDA of -₹1.09 Lakh (EBITDA margin -19.3%). Revenue has grown at a compounded annual rate (CAGR) of 8% over three years and 7% over five years.
As per MCA filings, the company has open charges of ₹5.03 Lakh and satisfied charges of ₹94.3 Lakh on record. Court records list 8 cases involving the company, including 2 filed by the company and 6 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Kay Foam Limited's registered office is in Mumbai, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered Address16 Mumbai Samacharmaru Sirvithaldas Chembers Fort, Maharashtra, India – 400023
- IndustryInfrastructure and Utilities, General Construction Services
To see the full contact details of Kay Foam Limited, 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
Financials of Kay Foam Limited
FY 2025 filings availableKay Foam Limited reported revenue of ₹5.66 Lakh (up 5% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 7% over five years, including 5% growth in the latest year. EBITDA rose 61% 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 | -₹1.09 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹2.52 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 | -19.3% | ||||
| Net Profit Margin | -44.5% | ||||
| 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 Kay Foam Limited, buy the company report.
Board of directors of Kay Foam Limited
Kay Foam has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kunal Jayesh Kapadia | Director | 28 Jun 2021 | 5 Years 3 Months | Current |
| Jayeshkumar Krishnakumar Kapadia | Director | 26 Apr 2022 | 4 Years 6 Months | Current |
| Niyati Jayesh Kapadia | Director | 13 Feb 2007 | 19 Years 8 Months | Current |
Auditor
Kay Foam Limited is audited by P J ZAVERI & CO for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| P J ZAVERI & CO | FY 2021 |
Shareholding
The shareholding of Kay Foam Limited is on record for 4 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Kay Foam Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 17 Jun 1983 | 90221042 | New India Co-Op Bank Ltd | ₹55,000 | Open | |
| 15 Mar 1983 | 90221019 | New India Co-Op Bank Ltd | ₹4.48 Lakh | Open | |
| 24 Dec 1993 | 90222273 | Dena Bank | ₹10 Lakh | Satisfied | |
| 30 Oct 1991 | 90221976 | Dena Bank | ₹10 Lakh | Satisfied | |
| 19 Feb 1990 | 90221717 | Dena Bank | ₹5 Lakh | Satisfied |
To see the full charge records of Kay Foam Limited, buy the company report.
Total charge records: 13 View all charges
Legal cases
Kay Foam Limited has 8 court cases on record: 2 filed by Kay Foam, 6 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 3 | 0 |
| High courts | 3 | 1 | 0 |
| Supreme Court | 2 | 2 | 0 |
Cases on record (5 of 8)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Court case (S S) | Filed against the company by Development Corporation of Kokan Ltd Mumbai | Disposed |
| Supreme Court | Appeal | Filed against the company by The Income Tax Officer Ward - 2(2) (1) | Disposed |
| Supreme Court | Court case (Special Leave Petition (Civil)) | Filed against the company by Income Tax Officer Ward 2(2)(1) Mumbai | Disposed |
| High Court | Writ petition | Filed by the company against Income Tax Officer Ward-2-2-1 and 4 others | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (S S) | Filed against the company by Development Corporation of Konkan Ltd | Disposed |
To see the full case history of Kay Foam Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Kay Foam Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Kay Foam has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Kay Foam Limited, buy the company report.
Recent activity
Kay Foam Limited has 7 board changes on record since 2007: 3 appointments and 4 cessations. The latest: Jayeshkumar Krishnakumar Kapadia ceased to be Additional Director on 30 Sep 2022.
28 earlier events are in the company report.
Frequently asked questions
Kay Foam is an active public limited company based in Mumbai, Maharashtra, India. The company works in general construction services, within the infrastructure and utilities industry. It was incorporated on 15 April 1971 (55+ years old) and is registered under CIN U24100MH1971PLC015113.
Kay Foam has 3 current directors:
- Kunal Jayesh Kapadia - Director
- Jayeshkumar Krishnakumar Kapadia - Director
- Niyati Jayesh Kapadia - Director
The latest financial statements of Kay Foam 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.
No. Kay Foam has 2 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of Kay Foam is U24100MH1971PLC015113. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Kay Foam has 8 court cases on record: 2 filed by the company and 6 filed against it. Most are in the district courts.
Kay Foam was incorporated on 15 April 1971, making it 55+ years old. It is registered with the Registrar of Companies, Mumbai.
Jayeshkumar Krishnakumar Kapadia ceased to be Additional Director on 30 Sep 2022. Jayeshkumar Krishnakumar Kapadia was appointed as Director on 26 Apr 2022. Krishnakumar Jagjivandas Kapadia ceased to be Director on 13 Apr 2022. Kay Foam has 7 board changes on record in total.
The registered office of Kay Foam is at 16 Mumbai Samacharmaru Sirvithaldas Chembers Fort, Maharashtra, India – 400023.
Kay Foam operates in the infrastructure and utilities industry, in the general construction services segment.