Promoter holding
64.27%
FG
Fomas Group - Due diligence report
A 360° intelligence report on Fomas Group: trust score, financial health, credit view, compliance, directors, growth and distress signals - …
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Fomas Group — 360° Intelligence Report
Generated from MCA filings & public records76/100
Trust Score
Low Risk
Fomas Group is assessed as Low Risk with a Trust Score of 76/100. Fomas Group is an active private limited indian non-government company incorporated in 1990, operating in the Engineering sector. The company has shown revenue growth across its recent filed years. It reported a loss in its latest filed year. Based on MCA filings and public records, it currently shows a moderate compliance risk and moderate financial risk profile.
Report generated on 04 Oct 2026 from the latest processed filings. Bay-Forge Private Limited snapshot & full profile →
Automated indicators derived from public MCA / GST / EPFO records - not a credit rating, not investment, legal or financial advice. Spotted an inaccuracy? Report an error.
02
Score Card
Higher is safer · rule-based & explainableTrust ScoreLow Risk
76/100
Overall counterparty trust - the headline number of this report.
Compliance ScoreModerate
68/100
Statutory standing - status, filings, auditor, MSME and litigation.
Financial Health ScoreModerate
65/100
Profitability, leverage and liquidity from filed statements.
Credit Risk ScoreModerate
60/100
Debt capacity, gearing and security cover for lenders.
Director Stability ScoreLow Risk
95/100
Board strength, DIN status, churn and network.
Growth ScoreModerate
60/100
Revenue, profit, asset and hiring momentum.
Distress ScoreModerate
65/100
Early-warning signals - higher means fewer warnings.
03
Financial Intelligence Dashboard
Standalone · 5 filed year(s)Unlock the full 5-year financial dashboard with charts and year-wise figures.
Get full accessScores and observations on this page are already computed from the real filings - only the underlying figures are locked.
04
Credit & Compliance Intelligence
Why the scores are what they are
Credit Risk Score: 60/100 Moderate
- Liabilities ≈ 38% EBITDA - stretched.
- No open charges - unencumbered balance sheet.
- Moderate gearing (D/E 1.42).
- Working-capital cover adequate.
Charges position: 0 open (-) · 9 satisfied (151.40 cr).
Banking relationships (from registered charges)
| Lender | Charges | Amount |
|---|---|---|
| State Bank Of Travancore | 3 | 48.0 cr |
| Idbi Bank Limited | 4 | 48.0 cr |
| State Bank Of India | 1 | 48.0 cr |
| The Industrial Finannce Co. Of India Ltd | 1 | 48.0 cr |
Compliance Score: 68/100 Moderate
- Company status is Active as per MCA.
- Balance sheet slightly behind (Mar 2025).
- Litigation present in 3 court forum(s).
- 1 active GST registration(s).
Legal cases on record (3)
05
Director Intelligence
Stability score: 95/100| Name | DIN / PAN | Designation | Appointed | Tenure | DIN status |
|---|---|---|---|---|---|
| VINCENZO VACCARI | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| THIYAGESH D M | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| MARCO GELFI | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| JACOPO GUZZONI | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| ADAIKALAM CHRISTOPHERAMIRTHARAJ JULIAN | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| Thiyagesh Duraimahendran | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
- 6 directors on the board.
- No disqualified or deactivated DINs.
- Stable board - no exits in 3 years.
- Average tenure above 5 years.
Director & KMP remuneration (FY 2023)
| Name | Designation | Total remuneration |
|---|---|---|
| A K Sharma | Managing Director | 2.4 cr |
| R Mehta | Whole-time Director | 1.6 cr |
| S Iyer | CFO | 95.0 L |
Remuneration is disclosed in the latest annual return. Unlock full report
06
Ownership & Group Intelligence
As per FY 2025 annual returnPublic / other holding
35.73%
Equity shares
12,45,67,890
Equity paid-up
124.5 cr
Promoters on record
4
Ultimate holding entity
Fomas S.p.a. Italy
Subsidiaries
-
Group entities
-
Capital events
7 allotment(s) · 3 transfer(s)
Promoters hold a minority stake - exact percentages are part of the full report.
| Group entity | Relationship | % held |
|---|---|---|
| Fomas S.p.a. Italy | Holding Company | 74.00% |
Key managerial personnel: ADAIKALAM CHRISTOPHERAMIRTHARAJ JULIAN (Managing Director)
Full shareholding pattern, group structure & capital events →
07
Risk Intelligence Center
Growth 60 · Distress 65
Growth signals & trust indicators
Steady revenue growth: +2.1x over 4 year(s).
Operating for 36+ years.
Active EPFO - real payroll on record.
Active GST registration(s).
Distress signals & risk flags
Losses deepening year-on-year.
Outside liabilities up 24% in a year.
3 court case(s) on record - see the legal section for details.
08
Stakeholder Verdicts
Vendor · Banker · InvestorVendor due diligence70/100
Favourable indicators
Suitability as a supplier / customer counterparty.
- Check the compliance flags before onboarding.
- 2 distress signal(s) - see Risk Center.
- Financial filings available for verification.
Banker assessment64/100
Mixed indicators - deeper appraisal suggested
Indicative lending comfort for banks, NBFCs and trade credit.
- Debt capacity assessed from filed statements.
- No existing security registered - first-charge position available.
- Compliance gaps should be priced into terms.
Investor view66/100
Mixed indicators
Growth quality and scalability through an investor lens.
- 1 growth signal(s) detected.
- Margin and return trends computable from filings.
- Management team looks stable.
09
MCA Filings & Events Timeline
Latest 15 events30 Sep 2025
Last AGM held
Annual general meeting
31 Mar 2025
Latest balance sheet
Filed with ROC
31 Mar 2023
Share transfer (FY 2023)
1.00000000 shares to M Shankar
Share transfer (FY 2023)
1.00000000 shares to P Swaminathan
14 Jun 2021
Director ceased
MASSIMO GUZZONI
24 Aug 2020
Charge satisfied
Idbi Bank Limited
31 Jan 2018
Charge created
Idbi Bank Limited - 12.00 cr
26 Sep 2017
Director ceased
ZANFRINI ARNALDO
02 Aug 2016
Director appointed
THIYAGESH D M (Company Secretary)
Director appointed
Thiyagesh Duraimahendran (Company Secretary)
06 May 2016
Securities allotted
1785000 Equity Shares - 1.79 cr raised
31 Mar 2016
Share transfer (FY 2016)
123.00000000 shares to V. Srinivasan
26 May 2015
Securities allotted
60000000.00 Equity Shares - 60.00 cr raised
06 May 2015
Charge satisfied
State Bank Of Travancore
12 Jun 2014
Charge satisfied
State Bank Of India
10
Key Observations
Auto-generated from the data aboveRevenue grew 0.86 over the last 4 financial year(s).
Net profit margin moved from 61% to 38%.
Debt-to-equity stands at 1.42 - manageable leverage.
Net worth is positive.
6 active director(s) / partner(s); board looks stable and experienced.
1 active GST registration(s) indicate ongoing business operations.
All 9 registered charge(s) stand satisfied - past borrowings repaid.
EPFO-registered employer - verifiable payroll history exists.
Promoters hold a minority stake as per the FY 2025 annual return.
Director / KMP remuneration is disclosed in the latest annual return - exact figures available in the full report.
Capital has been raised through 7 security allotment(s) - amounts available in the full report.
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12
Who Uses This Report
CA · CS · Banker · Investor · VendorChartered Accountants (CA)
Verify Fomas Group before audits and certifications: compliance score 68/100, filing history, auditor history and charge records in one place - instead of pulling each MCA form separately.
Company Secretaries (CS)
Track statutory health of Fomas Group: ACTIVE compliance status, annual-return recency, director DIN status, board churn and the events timeline - the inputs for secretarial audits and due-diligence certificates.
Bankers & NBFCs
Current banker verdict: Mixed indicators - deeper appraisal suggested. Credit risk score 60/100, existing charge position and lender relationships - a first-pass credit memo before formal appraisal.
Investors & Analysts
Investor view: Mixed indicators. Growth score 60/100, margin trends, ownership structure and peer set for Fomas Group - screening before a deeper diligence.
Vendors & Procurement Teams
Vendor verdict: Favourable indicators. Trust score 76/100, distress signals and MSME payment-delay disclosures - know whether Fomas Group pays its suppliers before you extend credit terms.
Lawyers & Compliance Teams
Litigation footprint (3 case(s) on record), regulatory flags, charge documents trail and director networks for Fomas Group - groundwork for KYC, onboarding and disputes.
13
Frequently Asked Questions
Is Fomas Group an active company?
Fomas Group has MCA status “Active” with a compliance score of 68/100 (Moderate).
Is Fomas Group financially healthy?
Fomas Group has a Financial Health Score of 65/100 (Moderate) based on its filed financial statements.
Should I do business with Fomas Group?
Its overall Trust Score is 76/100 (Low Risk). Vendor verdict: Favourable indicators. Review the risk flags in the Risk Intelligence Center before deciding.
Who controls Fomas Group?
The ultimate holding entity is Fomas S.p.a. Italy. 6 active director(s) are on record.
Does Fomas Group have loans or charges against its assets?
No open charges - all 9 registered charge(s) stand satisfied, indicating past borrowings were repaid.
Is Fomas Group up to date with its ROC filings?
Balance sheet slightly behind (Mar 2025). Overall compliance score: 68/100 (Moderate).
Is it risky to lend to Fomas Group?
Its Credit Risk Score is 60/100 (Moderate). Banker verdict: Mixed indicators - deeper appraisal suggested.
Disclaimer: This report is generated automatically from MCA filings and public records as available
in our system at the time of the last update. Scores, bands and verdicts are rule-based derived indicators of the
underlying data - they are opinions generated by an algorithm, not statements of fact about the company, and are
not credit ratings (within the meaning of SEBI regulations), audits, or investment, legal or financial advice.
Verify from official sources and consult a qualified professional before any business, lending or investment decision.
If you represent this company and believe any information is inaccurate or outdated,
report it here and we will review promptly.
