About Munish Group
Munish Group is a company based in Ludhiana (India) founded in 1981. It operates as a B2B and Export Manufacturing. The company has 393 employees. Munish Group offers products and services including Scaffolding and Formwork Flanges, Earthmoving Parts, Truck and Trailer Parts, and Defence Parts. Munish Group operates in a competitive market with competitors including Cummins, Valeo, UNO Minda, Schaeffler and Faurecia, among others.
- Headquarter Ludhiana, India
- Employees 393
- Stage Public
- SectorsAerospace, Defense & MaritimeIndustrial Goods & Manufacturing
- Email••••••••
- Phone•••• ••••
- Website munishforge.com
- Social LinkedIn Facebook Instagram YouTube
- Legal Name Munish Forge Ltd.
- Annual Revenue₹179 Cr
FY 2025 · +11% YoY
- Net Profit₹14.44 Cr
FY 2025 · 8% margin
- EBITDA₹27.97 Cr
FY 2025 · 16% margin
- Employee Count393
Associated legal entities of Munish Group
Munish Group is associated with 4 registered companies on The Company Check; the primary company is Munish Forge Limited, a listed company. Each company page carries the filings, financials, charges and directors of that entity.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Munish Forge Limited Listed CIN L28910PB1986PLC006950 | Active | 25 Jul 1986 | Ludhiana, Punjab | ₹179 Cr | 393 | 9 | View details |
| Munish Forge Limited CIN U28910PB1986PLC006950 | – | 25 Jul 1986 | Ludhiana, Punjab, India | – | – | – | View details |
| Munish International Private Limited CIN U27300PB2005PTC028600 | Active | 28 Jun 2005 | Ludhiana, Punjab | ₹0.3 Cr | – | 2 | View details |
| Dev Arjuna Cast And Forge Private Limited CIN U27101PB1999PTC023085 | Active | 15 Nov 1999 | Ludhiana, Punjab | ₹13.3 Cr | 26 | 2 | View details |
Products & Services of Munish Group
Munish Group offers a comprehensive portfolio of products and services, including Scaffolding and Formwork Flanges, Earthmoving Parts, Truck and Trailer Parts, and Defence Parts.
Forged parts for construction and scaffolding applications.
Components for heavy earthmoving machinery and equipment.
Parts designed for trucks and trailers in automotive sector.
Specialized components for defence and military applications.
Apps and channels of Munish Group
its YouTube channel Munish Forge Limited has 30 subscribers and 6 videos.
Videos from Munish Group
The most watched videos on Munish Group's YouTube channel, Munish Forge Limited (30 subscribers). Click a video to play it here.
More on Munish Forge Limited.
Board of directors of Munish Forge Limited (Munish Group)
Munish Forge Limited is the primary company behind Munish Group. The boards of the 3 registered companies of Munish Group currently have 6 directors; the longest-serving is Davinder Kumar Bhasin, appointed in 2003. 17 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Davinder Kumar Bhasin DIN 00780268 | Director | 01 Apr 2003 | 23 yrs 6 mo | Dev Arjuna Cast And Forge Private Limited, Munish Forge Limited |
| Dev Arjun Bhasin DIN 07670554 | Director | 06 Dec 2016 | 9 yrs 10 mo | Dev Arjuna Cast And Forge Private Limited, Munish International Private Limited, Munish Forge Limited |
| Vishal Anand DIN 07194115 | Director | 10 Dec 2016 | 9 yrs 10 mo | Munish International Private Limited, Munish Forge Limited |
| Khushvinder Bir Singh DIN 08863504 | Director | 10 Oct 2024 | 2 yrs | Munish Forge Limited |
| Priya Begana DIN 07706647 | Director | 10 Oct 2024 | 2 yrs | Munish Forge Limited |
| Arshdeep Singh Bedi DIN 10804130 | Director | 10 Oct 2024 | 2 yrs | Munish Forge Limited |
People of Munish Group
2 people are tracked at Munish Group (1 in leadership, 1 in team); the tracked headcount is 393.
| Name | Role | Group |
|---|---|---|
| CEO | Leadership | |
G. S. Mehray | DGM | Team |
Complete people profiles for Munish Group
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IPO & Listings of Munish Group
Munish Group is a publicly listed company on the NSE with ticker symbol MUNISH in India, operating in the Producer manufacturing sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
- IPO date08 Oct 2025
- Listed onNSE: MUNISH
- Listed entityMunish Forge Ltd.
- Exchange sectorProducer manufacturing
- ISININE1K8Y01018
- Share price₹87.20 (-3.11% on the day) · 2026-10-08
- Market capitalisation₹210 Cr
- Price to earnings19.1
- EPS (diluted, trailing year)₹4.56
- Volume (last session)19,200
Financials of Munish Group
Figures of Munish Forge Limited, the primary company behind Munish Group, for FY 2025. Revenue was ₹179 Cr (+11% year on year). Net profit was ₹14.44 Cr (8% margin). EBITDA was ₹27.97 Cr (16% margin). Revenue has grown at a compounded annual rate of +13% over three years and +8% over five years.
- ₹179 CrRevenue · FY 2025 · +11% YoY
- ₹14.44 CrNet profit · 8% margin
- ₹27.97 CrEBITDA · 16% margin
- ₹17.71 CrPaid-up capital
- 393Employees (provident fund records)
- +13%Revenue CAGR, 3 years
- +8%Revenue CAGR, 5 years
| Year | Revenue | Net income | EBITDA |
|---|---|---|---|
| 2025 | ₹183 Cr | ₹10.5 Cr | ₹21.4 Cr |
| 2023 | ₹160 Cr | ₹4.4 Cr | ₹11.4 Cr |
| 2022 | ₹160 Cr | ₹2.0 Cr | ₹9.1 Cr |
| 2021 | ₹125 Cr | ₹1.4 Cr | ₹9.3 Cr |
Balance sheet, profit and loss, cash flow and ratios of Munish Forge Limited are on its company page.
Detailed financial statements for Munish Group
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Competitors of Munish Group
Munish Group operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Cummins, Valeo, UNO Minda, Schaeffler and Faurecia, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| cummins.com | 1919 | United States | – | 36,826 | Manufacturer of gas-powered construction equipment | |
| valeo.com | 1923 | Paris, France | – | 124 | Automotive products and services are supplied globally to automakers. | |
| unominda.com | 1958 | Gurugram, India | $259.53M | 2,509 | Manufacturer and supplier of major auto components to OEMs and tier 1 companies | |
| schaeffler.com | 1946 | Herzogenaurach, Germany | – | 90,151 | Manufacturer of bearings for the automotive industry | |
| faurecia.com | 1997 | Nanterre, France | – | – | Automotive components and systems are manufactured for vehicles. | |
| ranegroup.com | 1929 | Chennai, India | – | 172 | Major auto components are manufactured and supplied to OEMs. | |
| novaresteam.com | 1955 | Clamart, France | $32.95M | 167 | Major auto components are manufactured and supplied globally. | |
| zf.com | 1915 | Friedrichshafen, Germany | – | 168,700 | Mobility systems are developed for cars, vehicles, and industrial uses. | |
| mahle.com | 1920 | Stuttgart, Germany | – | 109 | Automotive cooling systems, pistons, and aftermarket components are manufactured. |
Detailed competitors of Munish Group
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Web traffic of Munish Group
The website of Munish Group (munishforge.com) receives about 20.8K visits a month.
- Monthly visits20.8K
▲ 383% vs previous month
Latest news on Munish Group
Complete news archive for Munish Group
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Similar companies to Munish Group
10 companies that operate in the same segment as Munish Group (Aircraft Manufacturing & Components), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Commercial aircraft, helicopters, satellites, and launch vehicles are manufactured. | 1969 | Toulouse, Occitanie, France | – | USD 86.27 B | 156,920 | |
Complex aircraft parts and components are manufactured and supplied. | 2016 | Bengaluru, Karnataka, India | USD 30.04 M | USD 25.58 M | 104 | |
Advanced flight automation systems for aircraft are developed. | 2016 | Hayward, California, United States | USD 407.58 M | – | – | |
Commercial jetliners, defense, space, and security systems are manufactured. | 1916 | United States | – | USD 89.46 B | 172,000 | |
Forged components and precision parts for aerospace are manufactured. | 2008 | Hyderabad, Telangana, India | USD 29.02 M | USD 63.95 M | 1,800 | |
Manufacturer of commercial, military, executive, and agricultural aircraft | 1969 | Sao Paulo, Brazil | – | USD 7.65 B | 20,920 | |
Helicopters are designed and manufactured for aviation and defense uses. | 1945 | Bloomfield, United States | – | – | – | |
Designs and manufactures defense vehicles, aerospace structures, and security systems for military use. | 2007 | Delhi, Delhi, India | – | USD 430.52 M | 3,837 | |
Aircraft components including fuselages, wings, and propulsion systems are manufactured. | 1927 | Wichita, Kansas, United States | – | USD 6.32 B | 20,370 | |
Aerospace structures, systems, and components are manufactured and overhauled. | 1961 | Berwyn, Illinois, United States | – | USD 181.87 M | 846 |
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Frequently Asked Questions about Munish Group
Munish Group was founded in 1981.
Munish Group is headquartered in Ludhiana, India. It is registered at Ludhiana, Punjab, India.
Munish Group has 393 employees.
The primary company behind Munish Group, Munish Forge Limited, reported revenue of ₹179 Cr for FY 2025, up 11% year on year.
Munish Forge Limited produces customized forged and cast components, including scaffolding, earthmoving parts, truck and trailer components, and defence equipment. Based in Ludhiana, India, they operate as a one-stop solution for fabrication, forging, casting, and assembly, serving global markets with strict quality control. They emphasize customer satisfaction, employee growth, and ethical practices while exporting products worldwide and maintaining international standards.
Munish Group offers Scaffolding and Formwork Flanges, Earthmoving Parts, Truck and Trailer Parts, and Defence Parts.
Yes, Munish Group is publicly traded on NSE under the ticker symbol MUNISH.
Munish Group is associated with 3 legal entities: Munish Forge Limited, Dev Arjuna Cast And Forge Private Limited, Munish International Private Limited.
The legal entities of Munish Group currently have 8 directors, including Dev Arjun Bhasin, Davinder Kumar Bhasin, Vishal Anand and others.