About SIDDHI FORGE
SIDDHI FORGE is a Transportation, Automotive & Logistics company based in Ahmednagar (India) founded in 1995. It manufactures forging and machined components for automotive and general engineering sectors worldwide. It operates on a B2B model in Transportation, Automotive & Logistics and Industrial Goods & Manufacturing sectors. The company has 229 employees. Its Indian entity Siddhi Forge Pvt Ltd reported revenue of ₹156 Cr. SIDDHI FORGE offers products and services including Forging Components, Machined Components, and Heat Treatment Services. Its focus areas include Industrial Manufacturing, Automotive Engineering, Forging and Components. Similar companies include Maini Precision Products, Ramkrishna Forgings and Bharat Forge.
Company details
Siddhi Forge Pvt. Ltd. specializes in producing high-quality forging and machined components primarily for the automotive and general engineering industries. Established in 1995 in Maharashtra, India, the company focuses on quality through in-house manufacturing processes like forging, machining, and heat treatment. It serves global clients such as Mahindra Mahindra and ZF Steering Gear Ltd., developing import substitutes and maintaining ISO certifications for reliability.
- Headquarters Ahmednagar, India
- Employees 229
- SectorsTransportation, Automotive & LogisticsIndustrial Goods & Manufacturing
- Email••••••••
- Phone•••• ••••
- Website siddhiforge.com
- Legal Name Siddhi Forge Pvt. Ltd.
- Date of Incorporation 02 Jul, 1993
- Jurisdiction Ahmed Nagar, Maharashtra, India
- Annual Revenue₹156 Cr
FY 2024 · +8% YoY
- Net Profit₹2.06 Cr
FY 2024 · 1% margin
- EBITDA₹15.10 Cr
FY 2024 · 10% margin
- Employee Count229
Associated legal entities of SIDDHI FORGE
SIDDHI FORGE is associated with 3 registered companies on The Company Check; the primary company is Siddhi Forge Pvt Ltd. Each company page carries the filings, financials, charges and directors of that entity.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Siddhi Forge Pvt Ltd CIN U27310PN1993PTC072671 | Active | 02 Jul 1993 | Ahmednagar, Maharashtra | ₹156 Cr | 229 | 3 | View details |
| Siddhi Stampings & Electronics Private Limited CIN U29299PN2010PTC135451 | Active | 02 Feb 2010 | Ahmednagar, Maharashtra | ₹54.9 Cr | 69 | 2 | View details |
| Siddhi Cnc Private Limited CIN U29299PN1995PTC092882 | Active | 19 Sep 1995 | Ahmednagar, Maharashtra | ₹76.3 Cr | 63 | 3 | View details |
Products & Services of SIDDHI FORGE
SIDDHI FORGE offers a comprehensive portfolio of products and services, including Forging Components, Machined Components, and Heat Treatment Services.
Manufactured parts for automotive applications and assembly
Precision parts for farm and engineering machinery
Processes to enhance component durability and quality
Board of directors of Siddhi Forge Pvt Ltd (SIDDHI FORGE)
Siddhi Forge Pvt Ltd is the primary company behind SIDDHI FORGE. The boards of the 3 registered companies of SIDDHI FORGE currently have 5 directors; the longest-serving is Dnyandev Dagdu Pawar, appointed in 2010. 10 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Dnyandev Dagdu Pawar DIN 02917739 | Director | 02 Feb 2010 | 16 yrs 9 mo | Siddhi Stampings & Electronics Private Limited |
| Sunil Balchand Kanwade DIN 02917728 | Whole-time director | 02 Feb 2010 | 16 yrs 9 mo | Siddhi Stampings & Electronics Private Limited |
| Pramila Karbhari Bhingare DIN 01760463 | Director | 03 Oct 2016 | 10 yrs 1 mo | Siddhi Forge Pvt Ltd, Siddhi Cnc Private Limited |
| Shrihari Daulatrao Tipugade DIN 01760344 | Director | 02 Jul 2018 | 8 yrs 4 mo | Siddhi Forge Pvt Ltd, Siddhi Cnc Private Limited |
| Smita Akshay Waghmode DIN 08175958 | Director | 15 Mar 2022 | 4 yrs 7 mo | Siddhi Forge Pvt Ltd, Siddhi Cnc Private Limited |
Financials of SIDDHI FORGE
Figures of Siddhi Forge Pvt Ltd, the primary company behind SIDDHI FORGE, for FY 2024. Revenue was ₹156 Cr (+8% year on year). Net profit was ₹2.06 Cr (1% margin). EBITDA was ₹15.10 Cr (10% margin). Revenue has grown at a compounded annual rate of +30% over three years and +16% over five years.
- ₹156 CrRevenue · FY 2024 · +8% YoY
- ₹2.06 CrNet profit · 1% margin
- ₹15.10 CrEBITDA · 10% margin
- ₹1.73 CrPaid-up capital
- 229Employees (provident fund records)
- +30%Revenue CAGR, 3 years
- +16%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Siddhi Forge Pvt Ltd are on its company page.
Detailed financial statements for SIDDHI FORGE
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Similar companies to SIDDHI FORGE
SIDDHI FORGE has 3 listed similar companies in our database. They include Maini Precision Products, Ramkrishna Forgings and Bharat Forge.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| mainiprecisionproducts.com | 1973 | Bengaluru, India | 1,445 | Manufacturer & supplier of precision products and assemblies | ||
| ramkrishnaforgings.com | 1981 | Kolkata, India | 2,653 | Ramkrishna Forgings is engaged in metal forming and manufacturing. | ||
| bharatforge.com | 1961 | Pune, India | 4,132 | Technology-enabled automotive tools, forging, and machining materials are manufactured. |
Detailed similar companies of SIDDHI FORGE
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- Full competitor set
- Operating metrics
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Top companies in Automotive Manufacturing & Components
3 companies that operate in the same segment as SIDDHI FORGE (Automotive Manufacturing & Components) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Electrical and electronic parts for automobiles are provided by SEDEMAC. | 2007 | Pune, Maharashtra, India | USD 26.22 M | USD 32.69 M | 415 | |
Manufacturer of petrol, CNG, diesel and electric last mile mobility 3 & 4 wheelers, passenger, and cargo vehicles | 1994 | Mumbai, Maharashtra, India | USD 137.89 M | USD 24.41 B | 33,980 | |
Lithium-ion batteries for electric vehicles are manufactured across categories. | 2006 | Gurugram, Haryana, India | USD 34.18 M | 177 |
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Frequently Asked Questions about SIDDHI FORGE
SIDDHI FORGE was founded in 1995.
SIDDHI FORGE is headquartered in Ahmednagar, India. It is registered at Ahmednagar, Maharashtra, India.
SIDDHI FORGE has 229 employees.
The primary company behind SIDDHI FORGE, Siddhi Forge Pvt Ltd, reported revenue of ₹156 Cr for FY 2024, up 8% year on year.
Siddhi Forge Pvt. Ltd. specializes in producing high-quality forging and machined components primarily for the automotive and general engineering industries. Established in 1995 in Maharashtra, India, the company focuses on quality through in-house manufacturing processes like forging, machining, and heat treatment. It serves global clients such as Mahindra Mahindra and ZF Steering Gear Ltd., developing import substitutes and maintaining ISO certifications for reliability.
SIDDHI FORGE's top competitors include Bharat Forge, Maini Precision Products and Ramkrishna Forgings.
SIDDHI FORGE offers Forging Components, Machined Components, and Heat Treatment Services.
SIDDHI FORGE is associated with 3 legal entities: Siddhi Forge Pvt Ltd, Siddhi Stampings & Electronics Private Limited, Siddhi Cnc Private Limited.
The legal entities of SIDDHI FORGE currently have 5 directors, including Dnyandev Dagdu Pawar, Sunil Balchand Kanwade, Pramila Karbhari Bhingare and others.