MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-GJ-24-0020050
Revenue · FY 2025
₹13.59 Cr
▼ 57% YoY
Net profit · FY 2025
₹6.99 Cr
Net margin 51.5%
EBITDA · FY 2025
₹7.74 Cr
EBITDA margin 56.9%
Authorised capital
₹6 Cr
Registered with MCA
Paid-up capital
₹4.31 Cr
Issued & subscribed
Satisfied charges
₹6.5 Cr
No open charges
Company age
34 yrs
Est. 1992
Employees · EPFO
47
Provident fund records
About Aditya Forge Limited
Data last updated:
Aditya Forge Limited is a public limited company based in Vadodara, Gujarat, India. It operates in the industrial tools and components segment of the machinery and industrial equipment sector. It was incorporated on 27 February 1992 and has been in existence for over 34 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN L68200GJ1992PLC017196. Its GSTIN is 24AABCA7948P1Z5 (Gujarat). It is a listed company as per MCA records. Its shares are listed on BSE: 522150.
The company has an authorised share capital of ₹6 Cr and a paid-up capital of ₹4.31 Cr. It is led by directors including Nitin Rasiklal Parekh (Managing Director) and Kiran Bhartabhai Mistri.
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 T – 4 Shreeji Astha Avenue Ellora Park, Vadodara, Gujarat, India – 390007.
As per the financials filed for FY 2025, the company reported a revenue of ₹13.59 Cr, a decline of 57% compared to the previous year. For the same year it recorded a net profit of ₹6.99 Cr (net margin 51.5%) and EBITDA of ₹7.74 Cr (EBITDA margin 56.9%). Revenue has declined at a compounded annual rate (CAGR) of 14% over three years and 6% over five years.
The company has about 47 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Aditya Forge. As per MCA filings, the company has satisfied charges of ₹6.5 Cr on record. Court records list 27 cases involving the company, including 9 filed by the company and 18 filed against it; 1 case is pending. The company has 25 deals on record (25 market trades); the latest was in September 2011. Its 3 peer companies in the Machinery and Equipment industry (Tools and Components), with the same principal business activity (metal and metal products) are compared by revenue, 1 larger and 2 smaller; the largest is Evident Laser Auto Private Limited with revenue of ₹13.69 Cr.
Aditya Forge Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-24-0020050). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website adityaforge.com.
Company details
CIN L68200GJ1992PLC017196
Registration Number 017196
Incorporation Date 27 February 1992
ROC Ahmedabad
Listing Status Listed - Listed on BSE (522150)
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-GJ-24-0020050
CIN history
Aditya Forge has one previous CIN (Corporate Identification Number): L27100GJ1992PLC017196. The current CIN is L68200GJ1992PLC017196, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L68200GJ1992PLC017196 | Current |
| L27100GJ1992PLC017196 | Previous |
Key People
Nitin Rasiklal Parekh Managing Director Ruta Hareshkumar Parikh Additional Director Kiran Bhartabhai Mistri Director Recognitions & Rankings of Aditya Forge
Contact details
Aditya Forge Limited's registered office is in Vadodara, Gujarat.
- Registered AddressT – 4 Shreeji Astha Avenue Ellora Park, Vadodara, Gujarat, India – 390007
- IndustryMachinery and Equipment, Industrial Tools & Components
Comprehensive company report
Aditya Forge Limited - one report that includes everything
- 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
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Brands
Aditya Forge operates one associated brand: Aditya Forge. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturer of forged flanges and seamless butt-weld fittings | adityaforge.com |
Business activity
The main business activity of Aditya Forge 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 Aditya Forge Limited, buy the company report.
Financials of Aditya Forge Limited
FY 2025 filings availableAditya Forge Limited reported revenue of ₹13.59 Cr (down 57% YoY) for FY 2025.
Revenue · FY 2025
₹13.59 Cr ▼ 57%
Net profit · FY 2025
₹6.99 Cr margin 51.5%
EBITDA · FY 2025
₹7.74 Cr margin 56.9%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 57%
3 years · compounded
▼ 14%
5 years · compounded
▼ 6%
EBITDA CAGR growth
1 year
▲ 51%
3 years · compounded
▲ 386%
5 years · compounded
▲ 75%
Revenue has declined at a compounded annual rate (CAGR) of 6% over five years, including a 57% fall in the latest year. EBITDA rose 51% 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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| EBITDA | ₹7.74 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹6.99 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 | 56.9% | ||||
| Net Profit Margin | 51.5% | ||||
| 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 Aditya Forge Limited, buy the company report.
Board of directors of Aditya Forge Limited
Aditya Forge has 4 current directors and 12 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nitin Rasiklal Parekh Also directs: Nitin Profiles Pvt Ltd | Managing Director | 27 Feb 1992 | 34 Years 8 Months | Current |
| Ruta Hareshkumar Parikh Also directs: SMR Jewels Limited | Additional Director | 08 Oct 2025 | 1 Years 0 Months | Current |
| Kiran Bhartabhai Mistri Also directs: Encode Packaging India Limited, Gallops Enterprise Limited | Director | 27 Jul 2024 | 2 Years 3 Months | Current |
| Heera Lal Kumhar Also directs: Encode Packaging India Limited | Director | 02 Sep 2024 | 2 Years 1 Months | Current |
Peer comparison
Aditya Forge Limited is compared with the 3 companies closest to it by revenue in the Machinery and Equipment industry (Tools and Components), 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 |
|---|---|---|---|---|---|---|
| Evident Laser Auto Private Limited | ₹13.69 Cr (FY 2024) | 33.0% | Bangalore, Karnataka, India | |||
| Aditya Forge Limitedthis company | ₹13.59 Cr (FY 2025) | ₹6.99 Cr | 51.5% | -57.0% | Vadodara, Gujarat, India | |
| Shree Varda Laser Tech Private Limited | ₹13.56 Cr (FY 2025) | 61.0% | Gandhinagar, Gujarat, India | |||
| Aim Tech Engineering Solutions Private Limited | ₹13.51 Cr (FY 2023) | 17.0% | Pune, Maharashtra, India |
To see the full peer comparison of Aditya Forge Limited, buy the company report.
Charges & borrowings
Open charges
None
Satisfied charges
₹6.5 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Dec 1998 | 100965714 | The Madhavpura Mercantile Co. Op. Bank Ltd. | ₹3 Cr | Satisfied | |
| 23 Mar 1998 | 100965718 | The Madhavpura Mercantile Co. Op. Bank Ltd. | ₹1 Cr | Satisfied | |
| 22 Jan 1998 | 100965716 | The Madhavpura Mercantile Co. Op. Bank Ltd. | ₹2 Cr | Satisfied | |
| 13 Jun 1997 | 100965717 | The Madhavpura Mercantile Co. Op. Bank Ltd. | ₹50 Lakh | Satisfied |
To see the full charge records of Aditya Forge Limited, buy the company report.
Total charge records: 4 View all charges
Deals & funding
Aditya Forge Limited has 25 deals on record (25 market trades); the latest was in September 2011.
Total deals
25
Market trades
25
Deals on record (5 of 25)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2011 | Market trade | ₹2 Lakh | Seller: an individual |
| Jul 2011 | Market trade | ₹5 Lakh | Buyer: Nitin Rasiklal Parekh (Huf) Seller: an individual |
| Feb 2010 | Market trade | ₹2.7 Lakh | Buyer: an individual Seller: VSL Securities Private Limited |
| Dec 2007 | Market trade | ₹6 Lakh | Buyer: Tomorrow Technologies Global Innovations Limited |
| Jun 2007 | Market trade | ₹24.1 Lakh | Buyer: Sainath Herbal Care Marketing Private Limited Seller: 2 individuals |
To see the full deal history of Aditya Forge Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Aditya Forge Limited has 27 court cases on record: 9 filed by Aditya Forge, 18 filed against it. 1 case is pending and 26 are disposed.
Total cases
27
Filed by the company
9
Filed against the company
18
Pending
1
Disposed
26
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 19 | 14 | 1 |
| High courts | 5 | 2 | 0 |
| Supreme Court | 2 | 1 | 0 |
| NCLT | 1 | 1 | 0 |
Cases on record (5 of 27)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLT, Ahmedabad | Insolvency matter | Filed against the company by Gordhanbhai Ratnabhai Godhani RP for Aditya Exim Ltd. | Disposed |
| High Court, GUJARAT | Court case (COMP) | Filed against the company by M/S.Shree Yash Stainless Pvt.Ltd. | Disposed |
| District court, Ghaziabad, Uttar Pradesh | Court case (Complaint Cases) | Filed against the company by Ms Srinath Ji Ispat Limited | Disposed |
| District court, Vadodara, Gujarat | Commercial matter | Filed against the company by individuals | Pending |
| District court, Vadodara, Gujarat | Commercial matter | Filed against the company by Liquidator, Madhavpura Mercantile Co.Op. Bank Ltd. (Liquidatiom) | Disposed |
To see the full case history of Aditya Forge 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 Aditya Forge Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Aditya Forge has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AABCA7948P1Z5 | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Aditya Forge Limited, buy the company report.
Recent activity
Aditya Forge Limited has 16 board changes on record since 1992: 5 appointments and 11 cessations. The latest: Ruta Hareshkumar Parikh was appointed as Additional Director on 08 Oct 2025.
Appointed
Ruta Hareshkumar Parikh was appointed as Additional Director.
AGM
Aditya Forge Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Aditya Forge Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Charges
A charge registered on 28 Dec 1998 via Charge ID 100965714 with The Madhavpura Mercantile Co. Op. Bank Ltd. was fully satisfied on 16 Oct 2024.
Charges
A charge registered on 23 Mar 1998 via Charge ID 100965718 with The Madhavpura Mercantile Co. Op. Bank Ltd. was fully satisfied on 16 Oct 2024.
Charges
A charge registered on 22 Jan 1998 via Charge ID 100965716 with The Madhavpura Mercantile Co. Op. Bank Ltd. was fully satisfied on 16 Oct 2024.
Charges
A charge registered on 13 Jun 1997 via Charge ID 100965717 with The Madhavpura Mercantile Co. Op. Bank Ltd. was fully satisfied on 16 Oct 2024.
Ceased
Heera Lal Kumhar ceased to be Additional Director.
Ceased
Kiran Bhartabhai Mistri ceased to be Additional Director.
Ceased
Priyanka Sharma ceased to be Additional Director.
Appointed
Heera Lal Kumhar was appointed as Director.
Ceased
Rekha Nitin Parekh ceased to be Additional Director.
16 earlier events are in the company report.
News
Frequently asked questions
Aditya Forge is an active public limited company based in Vadodara, Gujarat, India. The company works in industrial tools and components, within the machinery and equipment industry. It was incorporated on 27 February 1992 (34+ years old) and is registered under CIN L68200GJ1992PLC017196. Listed on BSE: 522150.
Aditya Forge has 4 current directors:
- Nitin Rasiklal Parekh - Managing Director
- Ruta Hareshkumar Parikh - Additional Director
- Kiran Bhartabhai Mistri - Director
- Heera Lal Kumhar - Director
The latest financial statements of Aditya Forge 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.
The GSTIN of Aditya Forge is 24AABCA7948P1Z5, registered in Gujarat.
The CIN (Corporate Identification Number) of Aditya Forge is L68200GJ1992PLC017196. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. Aditya Forge is a listed company as per MCA records. Its shares are listed on BSE (code: 522150).
Aditya Forge has 27 court cases on record: 9 filed by the company and 18 filed against it. 1 is pending. Most are in the district courts.
Aditya Forge was incorporated on 27 February 1992, making it 34+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Aditya Forge has 25 deals on record (25 market trades); the latest was in September 2011.
The peers of Aditya Forge by revenue are Evident Laser Auto Private Limited, Shree Varda Laser Tech Private Limited, Aim Tech Engineering Solutions Private Limited, all in the Machinery and Equipment industry (Tools and Components), with the same principal business activity (metal and metal products).
Ruta Hareshkumar Parikh was appointed as Additional Director on 08 Oct 2025. Heera Lal Kumhar ceased to be Additional Director on 27 Sep 2024. Kiran Bhartabhai Mistri ceased to be Additional Director on 27 Sep 2024. Aditya Forge has 16 board changes on record in total.