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Key Metrics
AUTHORISED CAPITAL
16.00 Lakh
PAID-UP CAPITAL
2.40 Lakh
COMPANY AGE
15 Years 11 Months
since 2010-07-08
LAST FILING WITH ROC
2024-03-31
Last AGM: 2024-09-30
OPEN CHARGES
9
368.66 cr
SATISFIED CHARGES
19
1,162.06 cr
ACTIVE GST
4
Updated: 2025-06-23 18:33:15
Company Health Scores
Health scores for Fomento covering vendor trust, statutory compliance, financial health and director risk - derived from MCA filings, GST and EPFO records, financial statements and the company's board history.
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Vendor trust, compliance, financial health & director risk - with the reasons behind each score.
360° Intelligence Report: trust score, financial health, credit risk, growth & distress signals - auto-generated from filings.
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About Fomento
Fomento is an MCA-registered Indian company: a Private Limited Indian Non-Government Company (CIN U13209GA2010PTC006440). Business overview includes Metals and Minerals (Metal Retail & Distribution), incorporated on July 08, 2010 (16+ years old), headquartered in Panaji, Goa, India. The company is currently Active with Active Compliant compliance status. For FY 2023, the company reported revenue of ₹202.08 Cr with a loss of ₹611.32 Cr. It has 4 active directors. The company employs approximately 34 people. Its latest credit rating is A- by Crisil.
Metal Retail & Distribution
Mining & Mineral Extraction
- Location 102, 1St Floor, Kamat Metropolis-I, Behind Caculo Mall, St Inez, Panaji, Goa - 403001
- Website fomento.com
CIN / LLPINU13209GA2010PTC006440
Company No.006440
ClassificationPrivate Limited Indian Non-Government Company
Incorporation Date2010-07-08
Date of AGM2024-09-30
Date of Balance Sheet2024-03-31
Listing StatusUnlisted
ROC CodeRoc Goa
Credit RatingA- (Crisil)
PAN
LEI Number
Active ComplianceActive Compliant
Financial Performance of Fomento
Revenue Over The Year
2019 · 2020 · 2021 · 2022 · 2023 · 2024 · 2025
Growth (7 Year) ▲ 38.3%
Growth (3 Year) ▼ -9.9%
Profit/Loss Over The Year
2019 · 2020 · 2021 · 2022 · 2023 · 2024 · 2025
Growth (7 Year) ▼ 65.1%
Growth (3 Year) ▼ 60.7%
Values are in Mixed (K, L, Cr)
| Metrics | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|
| Revenue | 2,20,083.04 cr | 2,35,431.21 cr | 2,51,890.00 cr | 2,18,400.00 cr | 1,95,200.00 cr | 1,72,000.00 cr | 1,59,000.00 cr |
| Profit/Loss | 13,969.70 cr | 4,810.00 cr | 12,200.00 cr | 9,100.00 cr | -8,200.00 cr | 3,200.00 cr | 5,100.00 cr |
| Cash & Bank Balance | 38,200.00 cr | 35,100.00 cr | 32,000.00 cr | 28,500.00 cr | 25,200.00 cr | 22,000.00 cr | 19,800.00 cr |
| Net Worth | 1,26,731.94 cr | 1,37,500.00 cr | 1,40,200.00 cr | 1,28,000.00 cr | 1,15,000.00 cr | 1,02,000.00 cr | 95,000.00 cr |
| EBITDA | 27,865.49 cr | 29,800.00 cr | 30,200.00 cr | 27,000.00 cr | 24,500.00 cr | 22,000.00 cr | 20,100.00 cr |
Financial Ratios
■ Revenue ■ P/L ■ EBITDA
Values in Crores (Cr) - illustrative trend
FY 2021 - FY 2025
Key Insights (FY 2025)
Revenue2,20,083.04 cr ▼ 6.5%
Profit/Loss13,969.70 cr ▲ 190.6%
EBITDA27,865.49 cr
Net Profit Margin10.54%
Debt/Equity0.47
Current Ratio0.88
Return on Equity12.3%
| Ratio | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
| Net Profit Margin | 10.54 | 3.20 | 2.10 | 1.80 | 0.50 |
| Debt to EBITDA | 2.14 | 1.90 | 1.70 | 1.50 | 1.20 |
| Interest Coverage Ratio | 0.47 | 0.50 | 0.45 | 0.40 | 0.35 |
| Debt to Equity | 0.88 | 0.90 | 0.85 | 0.80 | 0.75 |
| Return on Equity | 12.10 | 3.00 | 2.00 | 1.50 | 0.20 |
| Current Ratio | 1.20 | 1.15 | 1.10 | 1.05 | 0.99 |
| Quick Ratio | 0.95 | 0.92 | 0.88 | 0.85 | 0.80 |
| EBITDA Margin | 12.00 | 10.00 | 8.00 | 7.00 | 5.00 |
| Return on Capital Employed | 8.00 | 2.00 | 1.00 | 0.20 | 0.00 |
| Earning Per Share | 4.00 | 0.00 | 0.00 | 0.00 | 0.00 |
EPFO Establishments (1)
MRNOI0019835000
Closed/All Member Excluded
StatusCode No Allotted Was Before Online Registration Started.
ActivityPaper
StateUttar Pradesh
Coverage07-JUN-1995
Current Directors of Fomento (4)
Charges of Fomento
Others : 865.00 cr
Yes Bank Limited : 50.00 cr
Hdfc Bank Limited : 2.43 cr
Open Charges: 9
Satisfied Charges: 19
| Lender | Amount | Status |
|---|---|---|
|
Hdfc Bank Limited
Creation Date: 29 Apr 2025
|
2.43 cr | Open |
|
Yes Bank Limited
Creation Date: 19 Feb 2025
|
50.00 cr | Open |
|
Others
Creation Date: 07 Nov 2024
|
30.00 cr | Open |
Business Activity
| Activity Group | Description | Turnover % |
|---|---|---|
| Mining and quarrying | - | 83.97 |
Flagged By Authority
Regulatory and exchange flags (preview)
Legal Cases of Fomento
District Court
Cases Found
High Court
Cases Found
Supreme Court
Cases Found
NCLT
Cases Found
NCLAT
Cases Found
View Details →
Frequently Asked Questions about Fomento
What is CIN of Fomento?
The Corporate Identification Number (CIN) for Fomento is U13209GA2010PTC006440. CIN is a distinct identification code allotted by the Registrar of Companies (ROC) under the Ministry of Corporate Affairs (MCA). The company registration number is 006440 as per MCA.
When was Fomento incorporated?
Fomento was incorporated 15 years 11 months ago on 08 Jul 2010.
What is paid-up capital and authorised share capital of Fomento?
The paid-up capital of Fomento is ₹ 240,060.00 and authorised share capital is ₹ 1,600,000.00.
Who are the current board members and directors of Fomento?
Currently 4 directors are associated with Fomento: Shafeeq Ismail Mitha, Rajiv Kumar, Shankar Narayan, Ambar Auduth Timblo.
- Shafeeq Ismail Mitha
- Rajiv Kumar
- Shankar Narayan
- Ambar Auduth Timblo
What is the registered address of Fomento?
As per Ministry of Corporate Affairs (MCA), the registered address of Fomento is 102, 1St Floor, Kamat Metropolis-I, Behind Caculo Mall, St Inez, Panaji, Goa, 403001, India.
What is the official website of Fomento?
The official website of Fomento is https://fomento.com.
What is the ROC code of Fomento?
Fomento ROC code is Roc Goa.
What is the company classification of Fomento?
Fomento is classified as Private Limited Indian Non-Government Company.
Fomento - is it listed or unlisted?
Fomento is a Unlisted company.
Does Fomento have subsidiaries?
Fomento has 2 subsidiary record(s) in available group structure data. See the Ownership section for group structure detail.
What is the current status of Fomento?
Fomento is currently Active and registered in Panaji, Goa, India.
What industry or business activity is Fomento associated with?
Fomento lists activity aligned with: Metals and Minerals - Metal Retail & Distribution - Mining and quarrying. See the Overview and Competition sections for fuller industry context.
How many employees does Fomento have?
Available records indicate roughly 34 employees for Fomento. Confirm against filings and EPFO-related signals on the profile where shown.
Does Fomento have GST registrations on file?
Fomento shows 4 active GST registration signal(s) in compliance overview data. Open the Compliance tab for GSTIN and filing context when your plan allows.
Where can I see charges and lenders for Fomento?
Use the Charges tab for MCA charge filings, charge holders, and open versus satisfied charges for Fomento.
How do I contact Fomento?
Use the official website at https://fomento.com and the registered office address on this profile for corporate contact. Infyner does not publish personal customer-care numbers unless they appear in sourced company records.
What is the turnover or revenue of Fomento?
Turnover and revenue appear in filed financial statements when available. Open the Financial tab on this profile for revenue, profit or loss, balance sheet metrics, and related MCA filings - not headline estimates.
How can I get the financial details of Fomento?
You can view revenue, profit or loss, balance sheet metrics, and related filings on the Financial tab of this company profile.
What is the net worth of Fomento (last filed snapshot)?
As per the latest financial snapshot on file for FY 2023, net worth is about ₹ 1,054.02 Cr. Verify figures on the Financial tab and supporting filings.
Disclaimer: Data on this page is compiled from public sources as available in our system at the time of the last update and is for general information only. Scores are derived indicators, not credit ratings or advice - please verify from official sources and consult a professional before making any business or financial decision.
