About BFN Forgings Private Limited
Data last updated:
BFN Forgings Private Limited is a private limited company based in Surat, Gujarat, India, a subsidiary of Annaya Coffee Products Private Limited. It operates in the fittings and components segment of the manufacturing sector. It was incorporated on 16 November 2004 and has been in existence for over 22 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U28939GJ2004PTC135677. Its GSTIN is 27AACCB4992M1Z5 (Maharashtra).
The company has an authorised share capital of ₹320 Cr and a paid-up capital of ₹19.23 Cr. It was formerly known as Bebitz Flanges Works Private Limited. It is led by directors Bishnu Vijay and Nand Kishore Jhawar.
Its last annual general meeting (AGM) was held on 22 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Shop No. 224 2nd Floor Exult Shoppers Vesu Taluka Ma Jura, Surat, Gujarat, India – 395007.
As per the financials filed for FY 2023, the company reported a revenue of ₹535.19 Cr, a growth of 37% compared to the previous year. For the same year it recorded a net profit of ₹53.62 Cr (net margin 10%) and EBITDA of ₹85.01 Cr (EBITDA margin 15.9%). Revenue has grown at a compounded annual rate (CAGR) of 26% over three years and 13% over five years.
The company has about 256 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹50.32 Cr and satisfied charges of ₹71.63 Cr on record. Court records list 10 cases involving the company, including 3 filed by the company and 7 filed against it; 4 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website bfnf.in.
Company details
CIN history
BFN Forgings has one previous CIN (Corporate Identification Number): U28939MH2004PTC149545. The current CIN is U28939GJ2004PTC135677, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U28939GJ2004PTC135677 | Current |
| U28939MH2004PTC149545 | Previous |
Contact details
BFN Forgings Private Limited's registered office is in Surat, Gujarat. Its website is bfnf.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressShop No. 224 2nd Floor Exult Shoppers Vesu Taluka Ma Jura, Surat, Gujarat, India – 395007
- IndustryManufacturing, Fittings & Components
To see the full contact details of BFN Forgings Private 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
Financials of BFN Forgings Private Limited
FY 2025 filings availableBFN Forgings Private Limited reported revenue of ₹535.19 Cr (up 37% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 13% over five years, including 37% growth in the latest year. EBITDA rose 149% 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
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹535.19 Cr | ||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹85.01 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹53.62 Cr | ||||
| 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
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 15.9% | ||||
| Net Profit Margin | 10% | ||||
| 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 BFN Forgings Private Limited, buy the company report.
Board of directors of BFN Forgings Private Limited
BFN Forgings has 2 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Bishnu Vijay | Director | 01 Dec 2023 | 2 Years 11 Months | Current |
| Nand Kishore Jhawar | Director | 30 Dec 2020 | 5 Years 10 Months | Current |
Auditor
BFN Forgings Private Limited is audited by T R CHADHA & CO LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| T R CHADHA & CO LLP | FY 2023 | 006711N/N500028 |
Shareholding
The shareholding of BFN Forgings Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of BFN Forgings Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 17 May 2007 | 10051332 | Others | ₹50 Cr | Open | |
| 20 Feb 1982 | 90374821 | Andhra Bank | ₹31.5 Lakh | Open | |
| 29 Aug 2011 | 10308178 | Andhra Bank | ₹45 Cr | Satisfied | |
| 09 Mar 2007 | 10043205 | Andhra Bank | ₹2 Cr | Satisfied | |
| 04 Jul 2006 | 10010113 | Andhra Bank | ₹20 Lakh | Satisfied |
To see the full charge records of BFN Forgings Private Limited, buy the company report.
Total charge records: 6 View all charges
Legal cases
BFN Forgings Private Limited has 10 court cases on record: 3 filed by BFN Forgings, 7 filed against it. 4 cases are pending and 6 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 6 | 4 | 1 |
| District courts | 2 | 2 | 1 |
| Supreme Court | 1 | 1 | 1 |
| NCLAT | 1 | 0 | 1 |
Cases on record (5 of 10)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLAT, NCLAT New Delhi | Interim or miscellaneous application | Filed by the company against Elegant Forge and Equipments Private Limited and 2 others | Pending |
| Bombay High Court | Writ petition | Filed by the company against Maharashtra State Electricity Distribution Company Ltd Through the Chairman and Managing Director and 1 other | Pending |
| Supreme Court | Court case (1010-Company Law, Mrtp, Trai, Sebi, Idrai & Rbi : Matters pertaining to TRAI / SEBI / IDRAI and RBI including Appeals U/S 18 of TRAI Act, Indian Electricity Act, 1910 and 2003, Electricity Supply Act, 1948 and Electricity Reforms Commission Act, 1998) | Filed against the company by The Tata Power Company Limited-Distribution THR. Its Managing Director Dharavi Receiving Station, Near Shalimar Ind. Estate, Matsunaga, Mumbai-400019 ,Mumbai , Maharashtra and 3 others | Pending |
| District court, Maharashtra Industrial and Lab, Maharashtra | Interim or miscellaneous application | Filed against the company by an individual | Pending |
| High Court, MAHARASHTRA | Writ petition | Filed by the company against Union of India and 4 others | Disposed |
To see the full case history of BFN Forgings Private 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.
Credit ratings & regulatory alerts
BFN Forgings Private Limited was last rated by Care on 18 Feb 2022.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 18 Feb 2022 |
To see the full credit ratings and regulatory alerts of BFN Forgings Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for BFN Forgings Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
BFN Forgings Private Limited has a workforce of 256 employees on its EPFO records as of May 2026, across 2 active EPFO establishments.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 256 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 |
To see the full employee and EPFO history of BFN Forgings Private Limited, buy the company report.
GST
BFN Forgings has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCB4992M1Z5 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of BFN Forgings Private Limited, buy the company report.
Recent activity
BFN Forgings Private Limited has 9 board changes on record since 2008: 2 appointments and 7 cessations. The latest: Bishnu Vijay ceased to be Additional Director on 19 Sep 2024.
12 earlier events are in the company report.
Frequently asked questions
BFN Forgings is an active private limited company based in Surat, Gujarat, India. The company works in fittings and components, within the manufacturing industry. It was incorporated on 16 November 2004 (22+ years old) and is registered under CIN U28939GJ2004PTC135677.
BFN Forgings has 2 current directors:
- Bishnu Vijay - Director
- Nand Kishore Jhawar - Director
The latest financial statements of BFN Forgings on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 22 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of BFN Forgings is 27AACCB4992M1Z5, registered in Maharashtra.
The CIN (Corporate Identification Number) of BFN Forgings is U28939GJ2004PTC135677. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
BFN Forgings has 10 court cases on record: 3 filed by the company and 7 filed against it. 4 are pending. Most are in the high courts.
BFN Forgings was incorporated on 16 November 2004, making it 22+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Bishnu Vijay ceased to be Additional Director on 19 Sep 2024. Bishnu Vijay was appointed as Director on 01 Dec 2023. Kannika Dhruv Kochhar ceased to be Director on 31 Dec 2020. BFN Forgings has 9 board changes on record in total.
BFN Forgings can be reached through the website bfnf.in. Its registered office is in Surat, Gujarat, India.
The registered office of BFN Forgings is at Shop No. 224 2nd Floor Exult Shoppers Vesu Taluka Ma Jura, Surat, Gujarat, India – 395007.
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