About A K P Foundries Private Limited
Data last updated:
A K P Foundries Private Limited is a private limited company based in Belgaum, Karnataka, India. It operates in the die casting and metal forming segment of the manufacturing sector. It was incorporated on 29 November 1978 and has been in existence for over 48 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U27310KA1978PTC003416. Its GSTIN is 29AABCA6058Q1Z2 (Karnataka).
The company has an authorised share capital of ₹1.2 Cr and a paid-up capital of ₹80.96 Lakh. It is led by directors including Ram Balwant Bhandare (Managing Director) and Gautam Ram Bhandare (Managing Director).
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at R. S. No. 689 Udyambag, Belgaum, Karnataka, India – 590008.
As per the financials filed for FY 2025, the company reported a revenue of ₹70.23 Cr, a decline of 9% compared to the previous year. For the same year it recorded a net profit of ₹3.64 Cr (net margin 5.2%) and EBITDA of ₹6.35 Cr (EBITDA margin 9%). Revenue has grown at a compounded annual rate (CAGR) of 2% over three years and 8% over five years.
The company has about 122 employees on its provident fund (EPFO) records.
As per MCA filings, the company has satisfied charges of ₹12.14 Cr on record. Court records list 5 cases involving the company, including 5 filed against it; 2 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website akpfoundries.com.
Company details
CIN history
A K P Foundries has one previous CIN (Corporate Identification Number): U85110KA1978PTC003416. The current CIN is U27310KA1978PTC003416, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U27310KA1978PTC003416 | Current |
| U85110KA1978PTC003416 | Previous |
Contact details
A K P Foundries Private Limited's registered office is in Belgaum, Karnataka. Its website is akpfoundries.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressR. S. No. 689 Udyambag, Belgaum, Karnataka, India – 590008
- IndustryManufacturing, Die Casting & Metal Forming
To see the full contact details of A K P Foundries Private 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
Business activity
The main business activity of A K P Foundries is manufacturing. In detail, this covers metal and metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products |
To see the full business activity and turnover split of A K P Foundries Private Limited, buy the company report.
Financials of A K P Foundries Private Limited
FY 2024 filings availableA K P Foundries Private Limited reported revenue of ₹70.23 Cr (down 9% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 9% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 8%. EBITDA fell 16% 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 |
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| Total Expenses | |||||
| EBITDA | ₹6.35 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹3.64 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 9% | ||||
| Net Profit Margin | 5.2% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of A K P Foundries Private Limited, buy the company report.
Board of directors of A K P Foundries Private Limited
A K P Foundries has 4 current directors and 12 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ram Balwant Bhandare | Managing Director | 01 Jul 2013 | 13 Years 3 Months | Current |
| Dilip Laxman Pathak Also directs: Depal Stampings Pvt Ltd | Director | 26 Dec 2014 | 11 Years 9 Months | Current |
| Gautam Ram Bhandare Also directs: Akp Ferrocast Private Limited, Integral Alpha Private Limited | Managing Director | 30 Sep 2007 | 19 Years 0 Months | Current |
| Parag Ram Bhandare | Managing Director | 29 Dec 2005 | 20 Years 9 Months | Current |
Peer comparison
A K P Foundries Private Limited is compared with the 8 companies closest to it by revenue in the Manufacturing industry (Die Casting), with the same principal business activity (metal and metal products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Siddharth Foundry Private Limited | ₹70.53 Cr (FY 2025) | 21.0% | Kolhapur, Maharashtra, India | |||
| Everon Castings Private Limited | ₹70.5 Cr (FY 2016) | 0.0% | Coimbatore, Tamil Nadu, India | |||
| Mahadev Precision Cast Private Limited | ₹70.39 Cr (FY 2025) | 76.0% | Rajkot, Gujarat, India | |||
| Shree Jagannath Iron Foundry Pvt Ltd | ₹70.33 Cr (FY 2025) | -7.0% | Howrah, West Bengal, India | |||
| Samco Metals and Alloys Private Limited | ₹70.24 Cr (FY 2024) | -22.0% | Chennai, Tamil Nadu, India | |||
| A K P Foundries Private Limitedthis company | ₹70.23 Cr (FY 2025) | ₹3.64 Cr | 5.2% | -9.0% | 122 | Belgaum, Karnataka, India |
| Veeresha Techno Industries Private Limited | ₹70.18 Cr (FY 2025) | 5.0% | Sangli, Maharashtra, India | |||
| Daifuku Manufacturing India Private Limited | ₹69.88 Cr (FY 2025) | 39.0% | Harohalli, Karnataka, India | |||
| Ku Industries Private Limited | ₹69.78 Cr (FY 2025) | 9.0% | Coimbatore, Tamil Nadu, India |
To see the full peer comparison of A K P Foundries Private Limited, buy the company report.
Auditor
A K P Foundries Private Limited is audited by Suresh E Sarode And Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Suresh E Sarode And Associates | FY 2023 | 012112S |
Shareholding
The shareholding of A K P Foundries Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of A K P Foundries Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 17 Feb 2021 | 100424255 | Axis Bank Limited | ₹4.5 Cr | Satisfied | |
| 29 Nov 2008 | 10138415 | Karnataka State Financial Corpration | ₹70 Lakh | Satisfied | |
| 05 May 2006 | 10004745 | Icici Bank Limited | ₹6 Lakh | Satisfied | |
| 21 Mar 2005 | 80037431 | Karnataka State Financial Coporation | ₹42 Lakh | Satisfied | |
| 27 Mar 2004 | 80037432 | Karnataka State Financial Coporation | ₹46 Lakh | Satisfied |
To see the full charge records of A K P Foundries Private Limited, buy the company report.
Total charge records: 7 View all charges
Legal cases
A K P Foundries Private Limited has 5 court cases on record: 5 filed against it. 2 cases are pending and 3 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| NCLAT | 3 | 3 | 2 |
| High courts | 2 | 2 | 0 |
Cases on record (4 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLAT, Court III | Tribunal matter | Filed against the company by individuals | Pending |
| NCLAT, TA (AT) | Court case (TA (AT)) | Filed against the company by individuals | Disposed |
| High Court of Karnataka | Appeal | Filed against the company by J P F Matacast Pvt Ltd | Disposed |
| High Court of Karnataka | Writ petition | Filed against the company by Perfect Alloys Components (P) Ltd | Disposed |
To see the full case history of A K P Foundries Private 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
A K P Foundries Private Limited has 2 MSME Form 1 returns on record for the period ending Mar 2019, listing 57 overdue payments to 10 micro and small suppliers. 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 (5 of 10)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| an individual supplier | |||
| Delta Enterprises | |||
| Belgaum Sands Private Limited | |||
| an individual supplier |
To see the full MSME payment records of A K P Foundries Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
A K P Foundries Private Limited has a workforce of 122 employees on its EPFO records as of Oct 08, 2025, across 1 active EPFO establishment.
GST
A K P Foundries has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AABCA6058Q1Z2 | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of A K P Foundries Private Limited, buy the company report.
Recent activity
A K P Foundries Private Limited has 16 board changes on record since 2005: 4 appointments and 12 cessations. The latest: Suresh Anant Phalnikar ceased to be Director on 06 Apr 2024.
23 earlier events are in the company report.
Frequently asked questions
A K P Foundries is an active private limited company based in Belgaum, Karnataka, India. The company works in die casting and metal forming, within the manufacturing industry. It was incorporated on 29 November 1978 (48+ years old) and is registered under CIN U27310KA1978PTC003416.
A K P Foundries has 4 current directors:
- Ram Balwant Bhandare - Managing Director
- Gautam Ram Bhandare - Managing Director
- Parag Ram Bhandare - Managing Director
- Dilip Laxman Pathak - Director
The latest financial statements of A K P Foundries on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of A K P Foundries is 29AABCA6058Q1Z2, registered in Karnataka.
The CIN (Corporate Identification Number) of A K P Foundries is U27310KA1978PTC003416. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
A K P Foundries has 5 court cases on record: 5 filed against it. 2 are pending. Most are in the nclat.
A K P Foundries was incorporated on 29 November 1978, making it 48+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of A K P Foundries by revenue are Siddharth Foundry Private Limited, Everon Castings Private Limited, Mahadev Precision Cast Private Limited, Shree Jagannath Iron Foundry Pvt Ltd, Samco Metals and Alloys Private Limited and 3 more, all in the Manufacturing industry (Die Casting), with the same principal business activity (metal and metal products).
Suresh Anant Phalnikar ceased to be Director on 06 Apr 2024. Swamy Visvanath ceased to be Director on 06 Jan 2021. Bhalchandra Balkrishna Bhirangi ceased to be Director on 14 Mar 2017. A K P Foundries has 16 board changes on record in total.
A K P Foundries has 2 MSME Form 1 returns on record for the period ending Mar 2019, listing 57 overdue payments to 10 micro and small suppliers. The latest return was filed on 08 Jun 2019.
A K P Foundries can be reached through the website akpfoundries.com. Its registered office is in Belgaum, Karnataka, India.
The registered office of A K P Foundries is at R. S. No. 689 Udyambag, Belgaum, Karnataka, India – 590008.