About Amforge Industries Limited
Data last updated:
Amforge Industries Limited is a public limited company based in Mumbai, Maharashtra, India. It operates in the auto parts and components segment of the automotive sector. It was incorporated on 21 April 1971 and has been in existence for over 55 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN L28910MH1971PLC015119. Its GSTIN is 27AAACA8756A1ZV (Maharashtra). The company holds 2 GST registrations, of which 1 is active. It is a listed company as per MCA records. Its shares are listed on BSE: 513117.
The company has an authorised share capital of ₹20 Cr and a paid-up capital of ₹2.88 Cr. It is led by directors including Jayesh Vinodchandra Thakkar (Managing Director) and Archana Makar Soi.
Its last annual general meeting (AGM) was held on 25 September 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at Mumbai, Maharashtra.
The net worth stands at ₹13.09 Cr (down 0.2% YoY). Total assets are valued at ₹16.92 Cr (up 7.9% YoY).
The company has about 1 employee on its provident fund (EPFO) records.
The company is associated with 2 brands: Amforge Industries Limited and Amforge Industries. As per MCA filings, the company has open charges of ₹78 Lakh and satisfied charges of ₹258.36 Cr on record. Court records list 90 cases involving the company, including 46 filed by the company and 44 filed against it; 4 cases are pending. The company has 21 deals on record (19 market trades, 2 acquisitions); the latest was in November 2024.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website amforgeindia.in.
Company details
CIN history
Amforge Industries has one previous CIN (Corporate Identification Number): U28910MH1971PTC015119. The current CIN is L28910MH1971PLC015119, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L28910MH1971PLC015119 | Current |
| U28910MH1971PTC015119 | Previous |
Contact details
Amforge Industries Limited's registered office is in Mumbai, Maharashtra. Its website is amforgeindia.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressB – 61 Floor – 6 Plot – 210 Mittal Tower, Free Press Journal Marg, Mumbai, Maharashtra, India – 400021
- IndustryAutomotive, Auto Parts & Components
To see the full contact details of Amforge Industries 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
Brands
Amforge Industries operates two associated brands: Amforge Industries Limited and Amforge Industries. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| :: Amforge Industries Limited - India`s premier forging company :: | amforgeindia.com | |
| Steel forging and manufacturing for automotive industry in India. | amforgeindia.in |
Business activity
The main business activity of Amforge Industries is financial and insurance service. In detail, this covers other financial activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities |
To see the full business activity and turnover split of Amforge Industries Limited, buy the company report.
Financials of Amforge Industries Limited
FY 2025-26 filings availableAmforge Industries Limited reported revenue of ₹- (down 100% YoY) for FY 2025-26.
Financial Highlights
FY 2025-26 · StandaloneRevenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 0.00 | 0.86 | 0.91 | 1.36 | 2.70 | 2.80 | 2.81 |
| Revenue growth | -100.0% | -5.5% | -33.1% | -49.6% | -3.6% | -0.4% | - |
| EBITDA | (2.42) | (0.54) | (1.08) | (0.60) | 1.30 | 1.31 | 0.78 |
| EBITDA margin | - | -62.8% | -118.7% | -44.1% | +48.2% | +46.8% | +27.8% |
| Profit before tax | (0.35) | 0.64 | 0.10 | 0.20 | 0.58 | 0.33 | (0.01) |
| Net profit | (0.40) | 0.49 | (0.39) | 0.19 | 1.61 | 0.32 | 0.45 |
| Net profit margin | - | +57.0% | -42.9% | +14.0% | +59.6% | +11.4% | +16.0% |
| EPS (₹) | (0.28) | 0.33 | (0.19) | 0.13 | 1.13 | 0.22 | 0.02 |
| Balance sheet | |||||||
| Total assets | 16.92 | 15.68 | 15.78 | 16.10 | 16.97 | 15.67 | 17.05 |
| Net worth | 13.09 | 13.12 | 12.71 | 12.49 | 12.30 | 10.68 | 10.35 |
| Total debt | 1.67 | 0.71 | 0.71 | 1.71 | 1.82 | 2.40 | 4.52 |
| Cash & bank | 0.31 | 0.60 | 0.50 | 2.15 | 0.82 | 1.19 | 0.45 |
| Net working capital | 5.80 | 5.65 | 8.38 | 11.84 | 12.40 | (0.38) | (1.03) |
| Cash flow | |||||||
| Cash from operations | (1.60) | (1.14) | (1.37) | (2.98) | (0.92) | (1.08) | (2.55) |
| Cash from investing | 0.52 | 1.36 | 1.23 | 4.66 | 1.40 | 4.45 | 2.05 |
| Cash from financing | 0.78 | (0.13) | (1.51) | (0.35) | (0.85) | (2.63) | 0.55 |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other income | 0.99 | 0.62 | 0.85 | 0.53 | 0.50 | 0.68 | 0.74 | 0.66 |
| Total expenses | 0.42 | 0.99 | 0.52 | 0.38 | 0.39 | 0.49 | 0.29 | 0.36 |
| EBITDA | (0.42) | (0.99) | (0.52) | (0.38) | (0.39) | (0.49) | (0.29) | (0.36) |
| Depreciation | 0.12 | 0.06 | 0.07 | 0.08 | 0.08 | 0.08 | 0.13 | 0.13 |
| Interest | 0.07 | 0.06 | 0.04 | 0.05 | 0.05 | 0.10 | 0.05 | 0.05 |
| Profit before tax | 0.38 | (0.49) | 0.22 | 0.02 | (0.02) | 0.01 | 0.27 | 0.12 |
| Tax | 0.00 | 0.00 | 0.04 | 0.00 | 0.02 | (0.19) | 0.06 | 0.00 |
Financial Statements
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other income | 0.99 | 0.62 | 0.85 | 0.53 | 0.50 | 0.68 | 0.74 | 0.66 |
| Total expenses | 0.42 | 0.99 | 0.52 | 0.38 | 0.39 | 0.49 | 0.29 | 0.36 |
| EBITDA | (0.42) | (0.99) | (0.52) | (0.38) | (0.39) | (0.49) | (0.29) | (0.36) |
| Depreciation | 0.12 | 0.06 | 0.07 | 0.08 | 0.08 | 0.08 | 0.13 | 0.13 |
| Interest | 0.07 | 0.06 | 0.04 | 0.05 | 0.05 | 0.10 | 0.05 | 0.05 |
| Profit before tax | 0.38 | (0.49) | 0.22 | 0.02 | (0.02) | 0.01 | 0.27 | 0.12 |
| Tax | 0.00 | 0.00 | 0.04 | 0.00 | 0.02 | (0.19) | 0.06 | 0.00 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 0.00 | 0.86 | 0.91 | 1.36 | 2.70 | 2.80 | 2.81 |
| Revenue growth | -100.0% | -5.5% | -33.1% | -49.6% | -3.6% | -0.4% | - |
| Other income | 2.54 | 1.87 | 1.72 | 1.37 | 0.00 | 0.00 | 0.13 |
| Total expenses | 2.42 | 1.40 | 1.99 | 1.96 | 1.40 | 1.49 | 2.03 |
| Employee cost | 0.00 | 0.32 | 0.29 | 0.25 | 0.24 | 0.22 | 0.23 |
| EBITDA | (2.42) | (0.54) | (1.08) | (0.60) | 1.30 | 1.31 | 0.78 |
| EBITDA margin | - | -62.8% | -118.7% | -44.1% | +48.2% | +46.8% | +27.8% |
| Depreciation | 0.28 | 0.45 | 0.32 | 0.33 | 0.44 | 0.47 | 0.49 |
| Interest | 0.19 | 0.24 | 0.22 | 0.24 | 0.28 | 0.51 | 0.43 |
| Profit before tax | (0.35) | 0.64 | 0.10 | 0.20 | 0.58 | 0.33 | (0.01) |
| Tax | 0.05 | 0.16 | 0.36 | 0.01 | (1.03) | 0.01 | (0.03) |
| Net profit | (0.40) | 0.49 | (0.39) | 0.19 | 1.61 | 0.32 | 0.45 |
| Net profit margin | - | +57.0% | -42.9% | +14.0% | +59.6% | +11.4% | +16.0% |
| EPS (₹) | (0.28) | 0.33 | (0.19) | 0.13 | 1.13 | 0.22 | 0.02 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 2.88 | 2.88 | 2.88 | 2.88 | 2.88 | 2.88 | 2.88 |
| Reserves & surplus | 10.21 | 10.24 | 9.83 | 9.61 | 9.42 | 7.80 | 7.47 |
| Shareholders' funds (net worth) | 13.09 | 13.12 | 12.71 | 12.49 | 12.30 | 10.68 | 10.35 |
| Secured loans | 0.76 | 0.00 | 0.00 | 0.00 | 0.11 | 0.43 | 1.22 |
| Unsecured loans | 0.91 | 0.71 | 0.71 | 1.71 | 1.71 | 1.97 | 3.30 |
| Total debt | 1.67 | 0.71 | 0.71 | 1.71 | 1.82 | 2.40 | 4.52 |
| Total liabilities | 16.92 | 15.68 | 15.78 | 16.10 | 16.97 | 15.67 | 17.05 |
| Assets | |||||||
| Gross block | 11.22 | 10.06 | 10.01 | 10.59 | 10.57 | 14.00 | 10.56 |
| Net block | 5.36 | 3.93 | 4.38 | 4.18 | 4.49 | 4.92 | 5.39 |
| Capital work in progress | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 5.76 | 6.09 | 3.02 | 0.07 | 0.07 | 0.07 | 1.13 |
| Inventories | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Sundry debtors | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Cash & bank balances | 0.31 | 0.60 | 0.50 | 2.15 | 0.82 | 1.19 | 0.45 |
| Loans & advances | 7.03 | 6.43 | 8.92 | 11.38 | 13.23 | 0.00 | 0.00 |
| Total current assets | 7.34 | 7.03 | 9.42 | 13.53 | 14.05 | 1.19 | 0.45 |
| Total current liabilities | 1.54 | 1.38 | 1.04 | 1.69 | 1.65 | 1.57 | 1.48 |
| Net working capital | 5.80 | 5.65 | 8.38 | 11.84 | 12.40 | (0.38) | (1.03) |
| Total assets | 16.92 | 15.68 | 15.78 | 16.10 | 16.97 | 15.67 | 17.05 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 0.60 | 0.50 | 2.15 | 0.82 | 1.19 | 0.45 | 0.40 |
| Net cash from operating activities | (1.60) | (1.14) | (1.37) | (2.98) | (0.92) | (1.08) | (2.55) |
| Net cash from investing activities | 0.52 | 1.36 | 1.23 | 4.66 | 1.40 | 4.45 | 2.05 |
| Net cash from financing activities | 0.78 | (0.13) | (1.51) | (0.35) | (0.85) | (2.63) | 0.55 |
| Net change in cash | (0.29) | 0.10 | (1.65) | 1.33 | (0.37) | 0.74 | 0.04 |
| Closing cash | 0.31 | 0.60 | 0.50 | 2.15 | 0.82 | 1.19 | 0.45 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | -100.0% | -5.5% | -33.1% | -49.6% | -3.6% | -0.4% | - |
| EBITDA growth | -348.2% | +50.0% | -80.0% | -146.2% | -0.8% | +68.0% | - |
| PBT growth | - | +540.0% | -50.0% | -65.5% | +75.8% | +9998.0% | +97.5% |
| Net income growth | -181.6% | +225.6% | -305.3% | -88.2% | +403.1% | -28.9% | - |
| Revenue CAGR (3Y) | -100.0% | -31.7% | -31.3% | -21.5% | +6.1% | -11.2% | +8.3% |
| EBITDA CAGR (3Y) | +59.2% | - | - | - | +80.8% | -4.0% | - |
| Profitability & leverage | |||||||
| Net income margin | - | +55.8% | -28.6% | +14.0% | +59.6% | +11.4% | +0.7% |
| Return on capital employed | - | +2.1% | 0.0% | +0.7% | +1.3% | +1.2% | +2.0% |
| Return on net worth | - | +1.2% | 0.0% | +0.3% | +2.5% | +0.5% | +1.2% |
| Debt / equity | - | 0.05 | 0.10 | 0.14 | 0.18 | 0.33 | 0.39 |
| Long-term debt / equity | - | 0.05 | 0.10 | 0.07 | 0.02 | 0.08 | 0.11 |
| Interest cover | -7.04 | -24.24 | -15.71 | -25.81 | 32.56 | 60.71 | 148.28 |
| Efficiency & per share | |||||||
| Fixed asset turnover | - | 0.28 | 0.26 | 0.26 | 0.22 | 0.23 | 0.28 |
| Inventory turnover | - | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Debtors turnover | - | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| EPS (₹) | (0.28) | 0.33 | (0.19) | 0.13 | 1.13 | 0.22 | 0.02 |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 0.00 | 9.12 | 8.83 | 8.68 | 8.55 | 7.42 | 7.20 |
To see the full year-wise statements and ratios of Amforge Industries Limited, buy the company report.
Board of directors of Amforge Industries Limited
Amforge Industries has 6 current directors and 13 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Archana Makar Soi | Director | 11 Nov 2020 | 5 Years 11 Months | Current |
| Navin Chandramani Sharma | Director | 05 Aug 2022 | 4 Years 3 Months | Current |
| Sanjay Rajaram Posam | Director | 05 Aug 2022 | 4 Years 3 Months | Current |
| Puneet Yogiraj Makar | Director | 02 Feb 2012 | 14 Years 9 Months | Current |
| Jayesh Vinodchandra Thakkar | Managing Director | 24 May 2024 | 2 Years 5 Months | Current |
| Ajit Pandurang Walwaikar Also directs: Kanoria Securities & Financial Services Limited | Director | 11 Nov 2020 | 5 Years 11 Months | Current |
Auditor
Amforge Industries Limited is audited by J Singh and Associates for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| J Singh and Associates | FY 2022 | 110266 |
Shareholding
Shareholding for the quarter ended Sep 2026: promoters hold 57.00%, foreign institutional investors hold 0.00%, domestic institutional investors hold 0.00% and retail and other public shareholders hold 43.00%.
| Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | |
|---|---|---|---|---|
| Promoters | 57.00% | 57.00% | 57.00% | 57.00% |
| Public | 43.00% | 43.00% | 43.00% | 43.00% |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 12 Jan 2026 | 101247620 | Others | ₹78 Lakh | Open | |
| 13 Dec 1999 | 90238346 | Indl. Devlopment Bank of India | ₹4.8 Cr | Satisfied | |
| 23 Feb 1999 | 90240547 | Indl Unvestment Bank of India | ₹4.75 Cr | Satisfied | |
| 26 Jul 1998 | 90240494 | The South India Bank | ₹4 Cr | Satisfied | |
| 29 Jan 1998 | 90238317 | Ing Bank N.V | ₹30 Lakh | Satisfied |
To see the full charge records of Amforge Industries Limited, buy the company report.
Total charge records: 55 View all charges
Deals & funding
Amforge Industries Limited has 21 deals on record (19 market trades, 2 acquisitions); the latest was in November 2024.
Deals on record (5 of 21)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Aug 2019 | Market trade | ₹3.2 Lakh | Buyer: Nainesh Trading and Consultancy LLP Seller: Viniyog Investment and Trading Company Private Limited |
| Dec 2015 | Market trade | ₹21.2 Lakh | Buyer: Nainesh Trading and Consultancy LLP Seller: Viniyog Investment and Trading Company Private Limited |
| Mar 2011 | Acquisition | Undisclosed | Buyer: Walia Forgetech Industries Private Limited Seller: Amforge Industries Limited |
| Dec 2007 | Market trade | ₹19 Lakh | Seller: Latin Manharlal Securities Private Limited |
| May 2005 | Acquisition | ₹47.89 Cr | Buyer: Mahindra Auto Steel Private Limited Seller: Amforge Industries Limited |
To see the full deal history of Amforge Industries 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
Amforge Industries Limited has 90 court cases on record: 46 filed by Amforge Industries, 44 filed against it. 4 cases are pending and 86 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 57 | 31 | 3 |
| District courts | 30 | 13 | 1 |
| Supreme Court | 3 | 0 | 0 |
Cases on record (5 of 90)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Hyderabad CCC, Telangana | Court case (COS) | Filed against the company by M/S Naolin Infrastructure Pvt Ltd | Pending |
| Bombay High Court | Court case (COMSS) | Filed by the company against Businet Solutions Private Limited and 5 Ors | Disposed |
| Bombay High Court | Court case (LPETN) | Filed by the company against Businet Solutions Private Limited and 5 Ors | Disposed |
| Bombay High Court | Company petition | Filed by the company against Sundaram Multi Pap Ltd Cin No.L21098mh1995plc086337 | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summons Private cases SS) | Filed by the company against Ms Sundaram Multi Pap Ltd | Disposed |
To see the full case history of Amforge Industries 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 Amforge Industries Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Amforge Industries has 1 associated company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
GST
Amforge Industries has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACA8756A1ZV | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Amforge Industries Limited, buy the company report.
Recent activity
Amforge Industries Limited has 18 board changes on record since 2008: 6 appointments and 12 cessations. The latest: Jayesh Vinodchandra Thakkar was appointed as Managing Director on 24 May 2024.
141 earlier events are in the company report.
Frequently asked questions
Amforge Industries is an active public limited company based in Mumbai, Maharashtra, India. The company works in auto parts and components, within the automotive industry. It was incorporated on 21 April 1971 (55+ years old) and is registered under CIN L28910MH1971PLC015119. Listed on BSE: 513117.
Amforge Industries has 6 current directors:
- Jayesh Vinodchandra Thakkar - Managing Director
- Archana Makar Soi - Director
- Navin Chandramani Sharma - Director
- Sanjay Rajaram Posam - Director
- Puneet Yogiraj Makar - Director
- Ajit Pandurang Walwaikar - Director
The latest financial statements of Amforge Industries on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 25 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Amforge Industries is 27AAACA8756A1ZV, registered in Maharashtra. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Amforge Industries is L28910MH1971PLC015119. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. Amforge Industries is a listed company as per MCA records. Its shares are listed on BSE (code: 513117).
Amforge Industries has 90 court cases on record: 46 filed by the company and 44 filed against it. 4 are pending. Most are in the high courts.
Amforge Industries was incorporated on 21 April 1971, making it 55+ years old. It is registered with the Registrar of Companies, Mumbai.
Amforge Industries has 21 deals on record (19 market trades, 2 acquisitions); the latest was in November 2024.
Jayesh Vinodchandra Thakkar was appointed as Managing Director on 24 May 2024. Navin Chandramani Sharma was appointed as Director on 05 Aug 2022. Sanjay Rajaram Posam was appointed as Director on 05 Aug 2022. Amforge Industries has 18 board changes on record in total.
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