Balkrishna Steel Forge Private Limited

Balkrishna Steel Forge Private Limited - engineering in Rajkot, Gujarat, India. FY 2026 financials & compliance.
CIN U27200GJ2005PTC046648 Incorporated 23 August 2005 ROC Ahmedabad HQ Rajkot, Gujarat, India
Active Private Limited Company engineering MSME · Small
Data last updated
Revenue · FY 2024
₹45.21 Cr
▼ 31% YoY
Net profit · FY 2024
₹18.06 Lakh
Net margin 0.4%
EBITDA · FY 2024
₹1.8 Cr
EBITDA margin 4%
Authorised capital
₹3.5 Cr
Registered with MCA
Paid-up capital
₹3.15 Cr
Issued & subscribed
Open charges
₹23.12 Cr
Secured borrowings
Company age
21 yrs
Est. 2005
Employees · EPFO
75
Provident fund records

About Balkrishna Steel Forge Private Limited

Data last updated:

Balkrishna Steel Forge Private Limited is a private limited company based in Rajkot, Gujarat, India. It operates in the metal foundry and fabrication services segment of the engineering sector. It was incorporated on 23 August 2005 and has been in existence for over 21 years.

The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U27200GJ2005PTC046648. Its GSTIN is 24AACCB6911A1ZD (Gujarat).

The company has an authorised share capital of ₹3.5 Cr and a paid-up capital of ₹3.15 Cr. It is led by directors including Nanubhai Keshavjibhai Dhaduk and Bhumikaben Himanshu Dhaduk.

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 Survey No.244 Shitala Mata Temple Road Behind G.E.B Village: Shapar (Veraval), Rajkot, Gujarat, India – 360024.

As per the financials filed for FY 2024, the company reported a revenue of ₹45.21 Cr, a decline of 31% compared to the previous year. For the same year it recorded a net profit of ₹18.06 Lakh (net margin 0.4%) and EBITDA of ₹1.8 Cr (EBITDA margin 4%). Revenue has declined at a compounded annual rate (CAGR) of 29% over three years and 9% over five years.

The company has about 75 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: Balkrishna. As per MCA filings, the company has open charges of ₹23.12 Cr on record. Court records list 4 cases involving the company, including 1 filed by the company and 3 filed against it.

Balkrishna Steel Forge Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-20-0003179). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website balkrishnaforge.com.

Company details

CIN U27200GJ2005PTC046648
Registration Number 046648
Incorporation Date 23 August 2005
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-GJ-20-0003179
Key People
Nanubhai Keshavjibhai Dhaduk Director Bhumikaben Himanshu Dhaduk Director Himanshu Vithalbhai Dhaduk Director

Recognitions & Rankings of Balkrishna Steel Forge

MSME (Udyam registered) Ministry of MSME
Category
Small (2024-25)
Udyam number
UDYAM-GJ-20-0003179

Contact details

Balkrishna Steel Forge Private Limited's registered office is in Rajkot, Gujarat. Its website is balkrishnaforge.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    balkrishnaforge.com
  • Registered Address
    Survey No.244 Shitala Mata Temple Road Behind G.E.B Village: Shapar (Veraval), Rajkot, Gujarat, India – 360024
  • Industry
    Engineering, Metal Foundry & Fabrication Services

To see the full contact details of Balkrishna Steel Forge Private Limited, buy the company report.

Comprehensive company report
Balkrishna Steel Forge Private 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

Balkrishna Steel Forge operates one associated brand: Balkrishna. Each brand links to its own profile.

BrandDescriptionWebsite
Balkrishna
Steel forging and manufacturing of components for industrial and automotive sectors in India.balkrishnaforge.com

Business activity

The main business activity of Balkrishna Steel Forge is manufacturing. In detail, this covers wood and wood products, furniture, paper and paper products.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC3Wood and wood products, furniture, paper and paper products

To see the full business activity and turnover split of Balkrishna Steel Forge Private Limited, buy the company report.

Financials of Balkrishna Steel Forge Private Limited

FY 2024 filings available

Balkrishna Steel Forge Private Limited reported revenue of ₹45.21 Cr (down 31% YoY) for FY 2024.

Revenue · FY 2024
₹45.21 Cr ▼ 31%
Net profit · FY 2024
₹18.06 Lakh margin 0.4%
EBITDA · FY 2024
₹1.8 Cr margin 4%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 31%
3 years · compounded
▲ 29%
5 years · compounded
▼ 9%
EBITDA CAGR growth
1 year
▼ 23%
3 years · compounded
▼ 6%
5 years · compounded
▼ 11%

Revenue has declined at a compounded annual rate (CAGR) of 9% over five years, including a 31% fall in the latest year. EBITDA fell 23% 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹1.8 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹18.06 Lakh
Balance Sheet
Share Capital
Reserves and Surplus
Net Worth (Total Equity)
Long-term Borrowings
Short-term Borrowings
Trade Payables
Total Liabilities
Fixed Assets
Investments
Inventories
Trade Receivables
Cash and Bank Balance
Total Assets

Financial Ratios

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin4%
Net Profit Margin0.4%
Return on Equity (ROE)
Return on Capital Employed (ROCE)
Return on Assets (ROA)
Liquidity and Debt
Current Ratio
Quick Ratio
Debt-to-Equity Ratio
Interest Coverage Ratio
Efficiency and Growth
Asset Turnover
Receivable Days
Payable Days
Inventory Days
Revenue Growth
Net Profit Growth

To see the full financial statements and ratios of Balkrishna Steel Forge Private Limited, buy the company report.

Board of directors of Balkrishna Steel Forge Private Limited

Balkrishna Steel Forge has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Nanubhai Keshavjibhai DhadukDirector29 Sep 200620 Years 1 MonthsCurrent
Bhumikaben Himanshu Dhaduk
Also directs: Kadvani Forge Ltd
Director29 Sep 20188 Years 1 MonthsCurrent
Himanshu Vithalbhai Dhaduk
Also directs: Kadvani Forge Ltd, Rinac Impex Private Limited
Director23 Aug 200521 Years 2 MonthsCurrent
View all directors

Auditor

Balkrishna Steel Forge Private Limited is audited by RAMESH M. PATEL & CO. for the financial year 2023.

Auditor firmFinancial yearFirm registration number
RAMESH M. PATEL & CO.FY 2023116811

Shareholding

The shareholding of Balkrishna Steel Forge 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 categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Balkrishna Steel Forge Private Limited, buy the company report.

Charges & borrowings

Open charges
₹23.12 Cr
Satisfied charges
None
Breakdown by lending institutions
Axis Bank Limited₹23.12 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
24 Feb 200680043688Axis Bank Limited₹23.12 CrOpen

To see the full charge records of Balkrishna Steel Forge Private Limited, buy the company report.

Total charge records: 1 View all charges

MSME payment delays

Balkrishna Steel Forge Private Limited has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 10 overdue payments to 8 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 8)

SupplierAmount dueDue sinceReported on
an individual supplier
Virat Special Steels Private Limited
Conquer Inc
an individual supplier
Noble Refractories

To see the full MSME payment records of Balkrishna Steel Forge Private Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

Employees & EPFO

Balkrishna Steel Forge Private Limited has a workforce of 75 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.

Employee count
75
Active EPFO establishments
1

GST

Balkrishna Steel Forge has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
24AACCB6911A1ZDGujaratActive01 Jul 2017

To see the full GST registrations and return filing status of Balkrishna Steel Forge Private Limited, buy the company report.

Recent activity

Balkrishna Steel Forge Private Limited has 5 board changes on record since 2005: 3 appointments and 2 cessations. The latest: Bhumikaben Himanshu Dhaduk was appointed as Director on 29 Sep 2018.

Charges
A charge with Axis Bank Limited of Rs. 23.12 Cr registered on 24 Feb 2006 with Charge ID 80043688 was modified on 04 Oct 2025.
AGM
Balkrishna Steel Forge Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Balkrishna Steel Forge Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.
Appointed
Bhumikaben Himanshu Dhaduk was appointed as Director.
Ceased
Punam Vitthalbhai Dhaduk ceased to be Director.
Ceased
Vithalbhai Lavjibhai Dhaduk ceased to be Director.
Appointed
Nanubhai Keshavjibhai Dhaduk was appointed as Director.
Charges
A charge with Axis Bank Limited amounted to Rs. 23.12 Cr with Charge ID 80043688 was registered on 24 Feb 2006.
Appointed
Himanshu Vithalbhai Dhaduk was appointed as Director.
Incorporation
23 Aug 2005
Balkrishna Steel Forge Private Limited was registered on 23 Aug 2005 with Roc Ahmedabad & aged 21 years 2 months as per MCA records.

Frequently asked questions

Balkrishna Steel Forge is an active private limited company based in Rajkot, Gujarat, India. The company works in metal foundry and fabrication services, within the engineering industry. It was incorporated on 23 August 2005 (21+ years old) and is registered under CIN U27200GJ2005PTC046648.

Balkrishna Steel Forge has 3 current directors:

The latest financial statements of Balkrishna Steel Forge 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 Balkrishna Steel Forge is 24AACCB6911A1ZD, registered in Gujarat.

The CIN (Corporate Identification Number) of Balkrishna Steel Forge is U27200GJ2005PTC046648. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Balkrishna Steel Forge has 4 court cases on record: 1 filed by the company and 3 filed against it. Most are in the district courts.

Balkrishna Steel Forge was incorporated on 23 August 2005, making it 21+ years old. It is registered with the Registrar of Companies, Ahmedabad.

Bhumikaben Himanshu Dhaduk was appointed as Director on 29 Sep 2018. Punam Vitthalbhai Dhaduk ceased to be Director on 01 Mar 2009. Vithalbhai Lavjibhai Dhaduk ceased to be Director on 27 Jun 2007. Balkrishna Steel Forge has 5 board changes on record in total.

Yes, Balkrishna Steel Forge is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-20-0003179).

Balkrishna Steel Forge has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 10 overdue payments to 8 micro and small suppliers. The latest return was filed on 13 Jul 2019.

Balkrishna Steel Forge can be reached through the website balkrishnaforge.com. Its registered office is in Rajkot, Gujarat, India.