About Bhagat Forge Private Limited
Data last updated:
Bhagat Forge Private Limited is a private limited company based in Ludhiana, Punjab, India. It operates in the auto parts and components segment of the automotive sector. It was incorporated on 11 June 1996 and has been in existence for over 30 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U24239PB1996PTC018322. Its GSTIN is 03AABCB8146Q1ZE (Punjab).
The company has an authorised share capital of ₹2.5 Cr and a paid-up capital of ₹1.6 Cr. It was formerly known as Bhagat Forge Limited. It is led by directors including Kamaljit Singh (Whole-Time Director) and Komalpreet Kaur.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 265 – L Model Town, Ludhiana, Punjab, India – 141002.
As per the financials filed for FY 2025, the company reported a revenue of ₹38.98 Cr, a growth of 10% compared to the previous year. For the same year it recorded a net profit of ₹44.74 Lakh (net margin 1.1%) and EBITDA of ₹6.48 Cr (EBITDA margin 16.6%). Revenue has grown at a compounded annual rate (CAGR) of 28% over three years and 31% over five years.
The company has about 5 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Bhagat Forge. As per MCA filings, the company has open charges of ₹31.25 Cr and satisfied charges of ₹34.86 Cr on record. Court records list 1 case involving the company, including 1 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website bhagatforge.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered Address265 – L Model Town, Ludhiana, Punjab, India – 141002
- IndustryAutomotive, Auto Parts & Components
- 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
- One PDF report, delivered after checkout
Business Activity of Bhagat Forge Private Limited
The main business activity of Bhagat Forge is manufacturing. In detail, this covers repair & installation of machinery & equipment, motor vehicles.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C12 | Repair & installation of machinery & equipment, motor vehicles | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Bhagat Forge Private Limited FY 2025 filings available
Bhagat Forge Private Limited reported revenue of ₹38.98 Cr (up 10% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Bhagat Forge Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 31% over five years, including 10% growth in the latest year. EBITDA rose 9% 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 of Bhagat Forge Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | ₹6.48 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹44.74 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 of Bhagat Forge Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 16.6% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 1.1% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Bhagat Forge are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Bhagat Forge Private Limited
Bhagat Forge Private Limited is compared with the companies closest to it by revenue in the Automobiles industry (Auto Ancillary). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| BLW Engine Valves Private Limited | ₹39.17 Cr (FY 2024) | •••• | •••• | 49.0% | •••• | New Delhi, Delhi, India |
| Sathyam Auto Engineering Private Limited | ₹39.11 Cr (FY 2025) | •••• | •••• | -1.0% | •••• | Kancheepuram, Tamil Nadu, India |
| Jay & B Tech Private Limited | ₹39.09 Cr (FY 2024) | •••• | •••• | -2.0% | •••• | Kanchipuram, Tamil Nadu, India |
| Uprate Auto Components Private Limited | ₹39.02 Cr (FY 2024) | •••• | •••• | -30.0% | •••• | Gamharia, Jamshedpur, Jharkhand, India |
| Addon Engineering Private Limited | ₹39.02 Cr (FY 2020) | •••• | •••• | -5.0% | •••• | Faridabad, Haryana, India |
| Bhagat Forge Private Limited this company | ₹38.98 Cr (FY 2025) | •••• | •••• | 10.0% | •••• | Ludhiana, Punjab, India |
| Samco Alloys (India )Private Limited | ₹38.91 Cr (FY 2024) | •••• | •••• | -8.0% | •••• | Uttar Pradesh, India |
| Vibhavari Switchgear Private Limited | ₹38.89 Cr (FY 2025) | •••• | •••• | 905.0% | •••• | Nashik, Maharashtra, India |
| Procasts Engineering Private Limited | ₹38.88 Cr (FY 2025) | •••• | •••• | 81.0% | •••• | Haryana, India |
| San and San Auto Private Limited | ₹38.87 Cr (FY 2024) | •••• | •••• | -3.0% | •••• | Nashik, Maharashtra, India |
| Mgm-Varvel Power Transmission Private Limited | ₹38.85 Cr (FY 2025) | •••• | •••• | -2.0% | •••• | Sriperumbudur, Tamil Nadu, India |
Peers are the five companies nearest above and the five nearest below Bhagat Forge by revenue in the Automobiles industry (Auto Ancillary), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Bhagat Forge Private Limited
Bhagat Forge Private Limited is audited by Arun Wahi & Co. for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Arun Wahi & Co. | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Bhagat Forge Private Limited
Bhagat Forge has 5 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kamaljit Singh | Whole-Time Director | 11 Jun 1996 | 30 Years 3 Months | Current |
| Komalpreet Kaur | Director | 01 Oct 2005 | 21 Years 0 Months | Current |
| Paramveer Singh | Director | 18 Jan 2020 | 6 Years 8 Months | Current |
| Gurpreet Singh | Director | 18 Jan 2020 | 6 Years 8 Months | Current |
| Harbans Singh | Director | 01 Apr 2005 | 21 Years 6 Months | Current |
Ownership and Shareholding of Bhagat Forge Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Bhagat Forge Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 08 Aug 2025 | Others | ₹5.77 Cr | Open |
| 23 Jul 2025 | Hdfc Bank Limited | ₹1.18 Cr | Open |
| 18 Jul 2025 | Hdfc Bank Limited | ₹13.1 Lakh | Open |
| 14 Nov 2024 | Others | ₹5.11 Cr | Open |
| 24 Sep 2024 | Others | ₹87.76 Lakh | Open |
Total charge records: 43 View all charges
Legal Cases of Bhagat Forge Private Limited
Bhagat Forge Private Limited has 1 court case on record: 1 filed against it. All case is disposed. Status as checked on 02 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ludhiana, Punjab | Commercial suit | Filed against the company by Sui Dhaaga Sewing Machines Limited | Disposed |
Full case history
All 1 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
MSME Payment Delays by Bhagat Forge Private Limited
Bhagat Forge Private Limited has 1 MSME Form 1 return on record for the period ending Sep 2019, listing 2 overdue payments to 2 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 (2 of 2)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Ratta Paper Tube and Packers | •••• | •••• | •••• |
| Taran Packages Industries , Ludhiana | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 1 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Associated Brands with Bhagat Forge Private Limited
Bhagat Forge operates one associated brand: Bhagat Forge. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufactures and supplies camshafts to original equipment manufacturers. | bhagatforge.com |
Employees and EPFO Compliance at Bhagat Forge Private Limited
Bhagat Forge Private Limited has a workforce of 5 employees as of Apr 03, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
CIN History of Bhagat Forge Private Limited
Bhagat Forge has one previous CIN (Corporate Identification Number): U24239PB1996PLC018322. The current CIN is U24239PB1996PTC018322, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U24239PB1996PTC018322 | Current |
| U24239PB1996PLC018322 | Previous |
Recent Activity on Bhagat Forge Private Limited
Bhagat Forge Private Limited has 7 board changes on record since 1996: 5 appointments and 2 cessations. The latest: Gurpreet Singh ceased to be Additional Director on 31 Dec 2020.
80 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Bhagat Forge Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Bhagat Forge Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Bhagat Forge Private Limited
Bhagat Forge has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 03AABCB8146Q1ZE | Punjab | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Bhagat Forge Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Bhagat Forge Private Limited
Bhagat Forge is an active private limited company based in Ludhiana, Punjab, India. The company works in auto parts and components, within the automotive industry. It was incorporated on 11 June 1996 (30+ years old) and is registered under CIN U24239PB1996PTC018322.
Bhagat Forge reported revenue of ₹38.98 Cr for FY 2025 (up 10% YoY).
Bhagat Forge has 5 current directors:
- Kamaljit Singh - Whole-Time Director
- Komalpreet Kaur - Director
- Paramveer Singh - Director
- Gurpreet Singh - Director
- Harbans Singh - Director
Bhagat Forge reported a net profit of ₹44.74 Lakh (net margin 1.1%) and EBITDA of ₹6.48 Cr (EBITDA margin 16.6%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Bhagat Forge is 28% over three years and 31% over five years. In the latest year (FY 2025) revenue rose 10%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Bhagat Forge is 03AABCB8146Q1ZE, registered in Punjab.
The CIN (Corporate Identification Number) of Bhagat Forge is U24239PB1996PTC018322. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Bhagat Forge has 1 court case on record: 1 filed against it.
Bhagat Forge was incorporated on 11 June 1996, making it 30+ years old. It is registered with the Registrar of Companies, Chandigarh.
The peers of Bhagat Forge by revenue are BLW Engine Valves Private Limited, Sathyam Auto Engineering Private Limited, Jay & B Tech Private Limited, Uprate Auto Components Private Limited, Addon Engineering Private Limited and 5 more, all in the Automobiles industry (Auto Ancillary).
Gurpreet Singh ceased to be Additional Director on 31 Dec 2020. Paramveer Singh ceased to be Additional Director on 31 Dec 2020. Gurpreet Singh was appointed as Director on 18 Jan 2020. Bhagat Forge has 7 board changes on record in total.
Bhagat Forge has 1 MSME Form 1 return on record for the period ending Sep 2019, listing 2 overdue payments to 2 micro and small suppliers. The latest return was filed on 31 Oct 2019.