About Bay-Forge Private Limited
Data last updated: 22 December 2025
Bay-Forge Private Limited is a private limited company based in Madurantakam Taluk, Tamil Nadu, India, a subsidiary of Fomas S.P.A. Italy. It specialises in metal foundry and fabrication services, a part of the broader engineering sector. Incorporated on 17 July 1990, the company has been in operation for over 36 years.
Registered with ROC Chennai under CIN U27209TN1990PTC019404.
Capital: an authorised share capital of ₹169 Cr and a paid-up capital of ₹144.49 Cr. Formerly known as Fomas India Limited and Bay-Forge Limited. It is led by directors including Vincenzo Vaccari and Marco Gelfi.
Last AGM: 30 September 2025. Financial statements filed for year ended 31 March 2025. Office: Palayanoor P.O. Vedanthangal Road Pukkathurai Village, Madurantakam Taluk, Tamil Nadu, India – 603308.
As per the financials filed for FY 2025, the company reported a revenue of ₹171.49 Cr, a growth of 1% compared to the previous year.
The company has a workforce of approximately 172 employees as per the latest available data. It operates as a subsidiary of Fomas S.P.A. Italy.
The company is associated with 1 brand - Fomas. As per MCA filings, the company has satisfied charges of ₹151.4 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website fomasgroup.com.
-
Email*****@*****.com
-
Telephone+91-****-******
-
Website
-
Social Media
-
Registered AddressPalayanoor P.O. Vedanthangal Road Pukkathurai Village, Madurantakam Taluk, Tamil Nadu, India – 603308
-
IndustryEngineering, Metal Foundry & Fabrication Services
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
Name History of Bay-Forge Private Limited
Bay-Forge Private Limited has undergone 2 name changes throughout its history. The company was previously known as Fomas India Limited, and Bay-Forge Limited. The current legal name is Bay-Forge Private Limited, reflecting the company's evolution and rebranding over time.
| Company Name | Status |
|---|---|
| Bay-Forge Private Limited | Current |
| Fomas India Limited | Previous |
| Bay-Forge Limited | Previous |
CIN History of Bay-Forge Private Limited
Bay-Forge Private Limited has one previous CIN (Corporate Identification Number): U27209TN1990PLC019404. The current CIN is U27209TN1990PTC019404, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U27209TN1990PTC019404 | Current |
| U27209TN1990PLC019404 | Previous |
Associated Brands with Bay-Forge Private Limited
Bay-Forge Private Limited operates one associated brand: FOMAS. These brands represent Bay-Forge Private Limited's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| Manufacturer of fish, shrimp, and pet food products | fomasgroup.com |
Business Activity of Bay-Forge Private Limited
Bay-Forge Private Limited is engaged in the principal business activity of manufacturing, with detailed activities including metal and metal products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products | ********* |
Auditor Details of Bay-Forge Private Limited
Bay-Forge Private Limited is audited by B S R & Co.Llp for the financial year 2023. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| B S R & Co.Llp | blur-value | blur-value | blur-value |
Board of Directors of Bay-Forge Private Limited
Bay-Forge Private Limited is currently managed by 6 directors, with 18 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vincenzo Vaccari | Director | 05 Apr 2008 | 18 Years 3 Months | Current |
| Marco Gelfi | Director | 28 Feb 2009 | 17 Years 4 Months | Current |
| Jacopo Guzzoni | Director | 10 May 2006 | 20 Years 1 Months | Current |
| Adaikalam Christopheramirtharaj Julian | Managing Director | 11 Jan 2012 | 14 Years 5 Months | Current |
Financials of Bay-Forge Private Limited FY 2025 filings available
Bay-Forge Private Limited reported revenue of ₹171.49 Cr (up 1% YoY) for FY 2025. Profit growth despite declining revenue indicates effective cost management and margin discipline.
| Metrics | ***** | ***** | ***** | ***** | ***** |
|---|---|---|---|---|---|
| Revenue | |||||
| Revenue from Operations | ***** | ***** | ***** | ***** | ***** |
| Revenue Growth % | ***** | ***** | ***** | ***** | ***** |
| Other Income | ***** | ***** | ***** | ***** | ***** |
| Total Revenue | ***** | ***** | ***** | ***** | ***** |
| Expenses | |||||
| Total Expenses | ***** | ***** | ***** | ***** | ***** |
| Raw Material Cost | ***** | ***** | ***** | ***** | ***** |
| Change in Inventory FG | ***** | ***** | ***** | ***** | ***** |
| Change in Inventory WIP | ***** | ***** | ***** | ***** | ***** |
| Purchase of Traded Goods | ***** | ***** | ***** | ***** | ***** |
| Employee Cost | ***** | ***** | ***** | ***** | ***** |
| Managerial Remuneration | ***** | ***** | ***** | ***** | ***** |
| Audit Fees | ***** | ***** | ***** | ***** | ***** |
| Insurance | ***** | ***** | ***** | ***** | ***** |
| Power & Fuel | ***** | ***** | ***** | ***** | ***** |
| Interest | ***** | ***** | ***** | ***** | ***** |
| Depreciation | ***** | ***** | ***** | ***** | ***** |
| Other Expenses | ***** | ***** | ***** | ***** | ***** |
| Profitability | |||||
| EBITDA (Operating Profit) | ***** | ***** | ***** | ***** | ***** |
| Operating Margin % | ***** | ***** | ***** | ***** | ***** |
| Exceptional Items | ***** | ***** | ***** | ***** | ***** |
| Extraordinary Items | ***** | ***** | ***** | ***** | ***** |
| Profit Before Exceptional & Extraordinary Items | ***** | ***** | ***** | ***** | ***** |
| Profit Before Tax | ***** | ***** | ***** | ***** | ***** |
| Tax & Net Profit | |||||
| Tax Expense | ***** | ***** | ***** | ***** | ***** |
| Current Tax | ***** | ***** | ***** | ***** | ***** |
| Deferred Tax | ***** | ***** | ***** | ***** | ***** |
| Profit from Discontinued Operations | ***** | ***** | ***** | ***** | ***** |
| Tax on Discontinued Operations | ***** | ***** | ***** | ***** | ***** |
| Profit | ***** | ***** | ***** | ***** | ***** |
| Net Margin % | ***** | ***** | ***** | ***** | ***** |
| Metrics | ***** | ***** | ***** | ***** | ***** |
|---|---|---|---|---|---|
| Shareholders' Funds | |||||
| Total Shareholders' Funds | ***** | ***** | ***** | ***** | ***** |
| Equity Capital | ***** | ***** | ***** | ***** | ***** |
| Reserves & Surplus | ***** | ***** | ***** | ***** | ***** |
| Money Against Warrants | ***** | ***** | ***** | ***** | ***** |
| Other Equity | ***** | ***** | ***** | ***** | ***** |
| Non-Current Liabilities | |||||
| Total Non-Current Liabilities | ***** | ***** | ***** | ***** | ***** |
| Long-Term Borrowings | ***** | ***** | ***** | ***** | ***** |
| Deferred Tax Liabilities | ***** | ***** | ***** | ***** | ***** |
| Other Non-Current Liabilities | ***** | ***** | ***** | ***** | ***** |
| Long-Term Provisions | ***** | ***** | ***** | ***** | ***** |
| Current Liabilities | |||||
| Total Current Liabilities | ***** | ***** | ***** | ***** | ***** |
| Short-Term Borrowings | ***** | ***** | ***** | ***** | ***** |
| Trade Payables | ***** | ***** | ***** | ***** | ***** |
| Other Current Liabilities | ***** | ***** | ***** | ***** | ***** |
| Short-Term Provisions | ***** | ***** | ***** | ***** | ***** |
| Total Equity & Liabilities | ***** | ***** | ***** | ***** | ***** |
| Non-Current Assets | |||||
| Non-Current Assets | ***** | ***** | ***** | ***** | ***** |
| Tangible Assets | ***** | ***** | ***** | ***** | ***** |
| Intangible Assets | ***** | ***** | ***** | ***** | ***** |
| Capital WIP | ***** | ***** | ***** | ***** | ***** |
| Intangibles Under Dev | ***** | ***** | ***** | ***** | ***** |
| Investments | ***** | ***** | ***** | ***** | ***** |
| Deferred Tax Assets | ***** | ***** | ***** | ***** | ***** |
| LT Loans & Advances | ***** | ***** | ***** | ***** | ***** |
| Other Non-Current Assets | ***** | ***** | ***** | ***** | ***** |
| Current Assets | |||||
| Current Assets | ***** | ***** | ***** | ***** | ***** |
| Current Investments | ***** | ***** | ***** | ***** | ***** |
| Inventories | ***** | ***** | ***** | ***** | ***** |
| Trade Receivables | ***** | ***** | ***** | ***** | ***** |
| Cash & Bank Balance | ***** | ***** | ***** | ***** | ***** |
| ST Loans & Advances | ***** | ***** | ***** | ***** | ***** |
| Other Current Assets | ***** | ***** | ***** | ***** | ***** |
| Total Assets | ***** | ***** | ***** | ***** | ***** |
| Metrics | ***** | ***** | ***** | ***** | ***** |
|---|---|---|---|---|---|
| Cash from Operating Activities (CFO) | |||||
| Profit Before Tax | ***** | ***** | ***** | ***** | ***** |
| Non-Cash Adjustments | ***** | ***** | ***** | ***** | ***** |
| + Interest Expense | ***** | ***** | ***** | ***** | ***** |
| + Depreciation | ***** | ***** | ***** | ***** | ***** |
| +/- Unrealized Forex | ***** | ***** | ***** | ***** | ***** |
| - Dividend Income | ***** | ***** | ***** | ***** | ***** |
| - Interest Income | ***** | ***** | ***** | ***** | ***** |
| +/- Other Non-Cash Items | ***** | ***** | ***** | ***** | ***** |
| Changes in Working Capital | ***** | ***** | ***** | ***** | ***** |
| +/- Inventory | ***** | ***** | ***** | ***** | ***** |
| +/- Debtors | ***** | ***** | ***** | ***** | ***** |
| +/- Creditors | ***** | ***** | ***** | ***** | ***** |
| Reconciliation Adjustments | ***** | ***** | ***** | ***** | ***** |
| Cash Generated from Operations | ***** | ***** | ***** | ***** | ***** |
| Income Taxes Paid | ***** | ***** | ***** | ***** | ***** |
| Net CFO (Cash from Operations) | ***** | ***** | ***** | ***** | ***** |
| Cash from Investing Activities (CFI) | |||||
| Acquisitions & Disposals | ***** | ***** | ***** | ***** | ***** |
| Disposal of Subsidiaries | ***** | ***** | ***** | ***** | ***** |
| Acquisition of Subsidiaries | ***** | ***** | ***** | ***** | ***** |
| Capex | ***** | ***** | ***** | ***** | ***** |
| Purchase of Fixed Assets | ***** | ***** | ***** | ***** | ***** |
| Sale of Fixed Assets | ***** | ***** | ***** | ***** | ***** |
| Other Investing Cash Flows | ***** | ***** | ***** | ***** | ***** |
| Net CFI (Cash from Investing) | ***** | ***** | ***** | ***** | ***** |
| Cash from Financing Activities (CFF) | |||||
| Equity Issuance | ***** | ***** | ***** | ***** | ***** |
| Debt Raised | ***** | ***** | ***** | ***** | ***** |
| Debt Repaid | ***** | ***** | ***** | ***** | ***** |
| Dividends Paid | ***** | ***** | ***** | ***** | ***** |
| Interest Paid | ***** | ***** | ***** | ***** | ***** |
| Net CFF (Cash from Financing) | ***** | ***** | ***** | ***** | ***** |
| Net Cash Position | |||||
| Net Change in Cash (Pre-Forex) | ***** | ***** | ***** | ***** | ***** |
| Closing Cash & Equivalents | ***** | ***** | ***** | ***** | ***** |
| Metrics | ***** | ***** | ***** | ***** | ***** |
|---|---|---|---|---|---|
| Liquidity | |||||
| Current Ratio | ***** | ***** | ***** | ***** | ***** |
| Quick Ratio | ***** | ***** | ***** | ***** | ***** |
| Cash Ratio | ***** | ***** | ***** | ***** | ***** |
| Efficiency | |||||
| Inventory Days | ***** | ***** | ***** | ***** | ***** |
| Debtor Days | ***** | ***** | ***** | ***** | ***** |
| Creditor Days | ***** | ***** | ***** | ***** | ***** |
| Cash Conversion Cycle | ***** | ***** | ***** | ***** | ***** |
| Asset Turnover | ***** | ***** | ***** | ***** | ***** |
| Profitability | |||||
| Net Profit Margin % | ***** | ***** | ***** | ***** | ***** |
| Operating Margin % | ***** | ***** | ***** | ***** | ***** |
| ROE % | ***** | ***** | ***** | ***** | ***** |
| ROCE % | ***** | ***** | ***** | ***** | ***** |
| Net Worth Margin % | ***** | ***** | ***** | ***** | ***** |
| Growth | |||||
| Revenue Growth % | ***** | ***** | ***** | ***** | ***** |
| Leverage | |||||
| Equity Multiplier | ***** | ***** | ***** | ***** | ***** |
| Debt / EBITDA | ***** | ***** | ***** | ***** | ***** |
| Solvency | |||||
| D/E Ratio | ***** | ***** | ***** | ***** | ***** |
| ICR | ***** | ***** | ***** | ***** | ***** |
Consolidated Statements
Income Statement, Balance Sheet, Cash Flow & Ratios available in the full report.
Shareholding Pattern of Bay-Forge Private Limited
As of FY 2023, Bay-Forge Private Limited's shareholding pattern shows 99.85% by promoters, 0.15% by public shareholders. The promoters hold a majority stake, indicating strong promoter control.
| Year | 2025 |
|---|---|
| Promoters | 33.19% |
| DII | 23.22% |
| FII | 18.28% |
| Public | 22.89% |
| Others | 2.42% |
Charges & Borrowings of Bay-Forge Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 31 Jan 2018 | Idbi Bank Limited | ₹12 Cr | Satisfied |
| 26 Nov 2008 | State Bank of Travancore | ₹18 Cr | Satisfied |
| 03 Jun 2008 | Idbi Bank Limited | ₹33.9 Cr | Satisfied |
| 25 Aug 2007 | Idbi Bank Limited | ₹10 Cr | Satisfied |
| 24 Feb 2007 | Idbi Bank Limited | ₹10 Cr | Satisfied |
Total charge records: 9 View all charges
Employees and EPFO Compliance at Bay-Forge Private Limited
Bay-Forge Private Limited has a workforce of 172 employees as of Mar 21, 2024.
Employee Count & EPFO Data of Bay-Forge Private Limited
Access employee headcount trends, monthly PF payment records, EPFO establishment details, and compliance data.
GST Compliance of Bay-Forge Private Limited
GSTIN & GST Filing Data of Bay-Forge Private Limited
Access GSTIN registrations, state-wise filing compliance, HSN/SAC codes, and detailed goods & services data.
Credit Ratings, Litigation & Regulatory Alerts for Bay-Forge Private Limited
Credit Ratings, Legal Cases & Regulatory Alerts of Bay-Forge Private Limited
Access complete credit rating history, litigation records, regulatory alerts, and compliance data.
MSME Payment Delays by Bay-Forge Private Limited
MSME Payment Delays by Bay-Forge Private Limited
Track payments outstanding to micro and small enterprise vendors, as disclosed in half-yearly MSME-1 returns filed with the MCA.
Subsidiaries & Group Companies of Bay-Forge Private Limited
Subsidiaries & Group Companies of Bay-Forge Private Limited
See the full corporate group - holding company, subsidiaries, associates and joint ventures of Bay-Forge Private Limited with ownership details.
MCA Filings & Documents of Bay-Forge Private Limited
MCA Filings & Documents of Bay-Forge Private Limited
Download official documents filed with the Ministry of Corporate Affairs - from incorporation papers to the latest annual filings.
Recent Activity on Bay-Forge Private Limited
Frequently Asked Questions about Bay-Forge Private Limited
Bay-Forge Private Limited is an active private limited company in the engineering sector based in Madurantakam Taluk, Tamil Nadu, India. It was incorporated on 17 July 1990 (36+ years old) and is registered under CIN U27209TN1990PTC019404. The company has 172 employees.
Bay-Forge Private Limited reported revenue of ₹171.49 Cr for FY 2025 (up 1.00% YoY).
The current directors of Bay-Forge Private Limited are:
- Vincenzo Vaccari
- Thiyagesh D M
- Marco Gelfi
- Jacopo Guzzoni
- Adaikalam Christopheramirtharaj Julian
- Thiyagesh Duraimahendran
The primary industry of Bay-Forge Private Limited is engineering. The company specifically operates in metal foundry and fabrication services. The company is currently active in this sector.
Bay-Forge Private Limited can be reached at the registered office: Palayanoor P.O. Vedanthangal Road Pukkathurai Village, Madurantakam Taluk, Tamil Nadu, India – 603308, or through the website fomasgroup.com.
The authorised capital is ₹169 Cr, and the paid-up capital is ₹144.49 Cr.