Bhandari Precision Forgings Private Limited

Bhandari Precision Forgings Private Limited - machinery and equipment in Bangalore, Karnataka, India. FY 2026 financials & compliance.
CIN U28910KA1996PTC020630 Incorporated 13 June 1996 ROC Bangalore HQ Bangalore, Karnataka, India
Active Private Limited Company machinery and equipment MSME · Medium
Data last updated
Revenue · FY 2024
₹63.97 Cr
▲ 5% YoY
Net profit · FY 2024
₹57.45 Lakh
Net margin 0.9%
EBITDA · FY 2024
₹4.88 Cr
EBITDA margin 7.6%
Authorised capital
₹3.25 Cr
Registered with MCA
Paid-up capital
₹2.38 Cr
Issued & subscribed
Open charges
₹38.58 Cr
Satisfied ₹90 Lakh
Company age
30 yrs
Est. 1996
Employees · EPFO
74
Provident fund records

About Bhandari Precision Forgings Private Limited

Data last updated:

Bhandari Precision Forgings Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the industrial tools and components segment of the machinery and industrial equipment sector. It was incorporated on 13 June 1996 and has been in existence for over 30 years.

The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U28910KA1996PTC020630. Its GSTIN is 29AABCV6596Q1Z6 (Karnataka).

The company has an authorised share capital of ₹3.25 Cr and a paid-up capital of ₹2.38 Cr. It was formerly known as Vish Informatics Private Limited. It is led by directors Suresh Bhandari (Managing Director) and Vijay Bhandari.

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 A – 271 2nd Stage Peenya Industrial Estate Bangalore, Karnataka, India – 560058.

As per the financials filed for FY 2024, the company reported a revenue of ₹63.97 Cr, a growth of 5% compared to the previous year. For the same year it recorded a net profit of ₹57.45 Lakh (net margin 0.9%) and EBITDA of ₹4.88 Cr (EBITDA margin 7.6%). Revenue has grown at a compounded annual rate (CAGR) of 21% over three years and 4% over five years.

The company has about 74 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: Bhandari Precision Forgings. As per MCA filings, the company has open charges of ₹38.58 Cr and satisfied charges of ₹90 Lakh on record. Court records list 1 case involving the company, including 1 filed against it. The company has 10 deals on record (5 funding rounds, 5 secondary share transfers), with disclosed funding of ₹3.4 Cr; the latest was in March 2024. Its 4 peer companies in the Machinery and Equipment industry (Tools and Components), with the same principal business activity (metal and metal products) are compared by revenue, 1 larger and 3 smaller; the largest is Sidhi Vinayaka Fab Engineering Private Limited with revenue of ₹64.33 Cr. The company has 7 MSME Form 1 returns on record between 2019 and 2021, listing 42 overdue payments to 19 micro and small suppliers.

Bhandari Precision Forgings Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-02-0004232). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website bhandariforgings.com.

Company details

CIN U28910KA1996PTC020630
Registration Number 020630
Incorporation Date 13 June 1996
ROC Bangalore
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 Medium
Udyam Registration UDYAM-KR-02-0004232

CIN history

Bhandari Precision Forgings has one previous CIN (Corporate Identification Number): U72200KA1996PTC020630. The current CIN is U28910KA1996PTC020630, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U28910KA1996PTC020630Current
U72200KA1996PTC020630Previous
Key People
Suresh Bhandari Managing Director Vijay Bhandari Additional Director

Recognitions & Rankings of Bhandari Precision Forgings

MSME (Udyam registered) Ministry of MSME
Category
Medium (2024-25)
Udyam number
UDYAM-KR-02-0004232

Contact details

Bhandari Precision Forgings Private Limited's registered office is in Bangalore, Karnataka. Its website is bhandariforgings.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    bhandariforgings.com
  • Registered Address
    A – 271 2nd Stage Peenya Industrial Estate Bangalore, Karnataka, India – 560058
  • Industry
    Machinery and Equipment, Industrial Tools & Components

To see the full contact details of Bhandari Precision Forgings Private Limited, buy the company report.

Comprehensive company report
Bhandari Precision Forgings 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

Bhandari Precision Forgings operates one associated brand: Bhandari Precision Forgings. Each brand links to its own profile.

BrandDescriptionWebsite
Bhandari Precision Forgings
Manufacturing of steel and metal forgings in Bangalore, India.bhandariforgings.com

Business activity

The main business activity of Bhandari Precision Forgings is manufacturing. In detail, this covers metal and metal products.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC7Metal and metal products

To see the full business activity and turnover split of Bhandari Precision Forgings Private Limited, buy the company report.

Financials of Bhandari Precision Forgings Private Limited

FY 2024 filings available

Bhandari Precision Forgings Private Limited reported revenue of ₹63.97 Cr (up 5% YoY) for FY 2024.

Revenue · FY 2024
₹63.97 Cr ▲ 5%
Net profit · FY 2024
₹57.45 Lakh margin 0.9%
EBITDA · FY 2024
₹4.88 Cr margin 7.6%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 5%
3 years · compounded
▲ 21%
5 years · compounded
▲ 4%
EBITDA CAGR growth
1 year
▲ 10%
3 years · compounded
▲ 14%
5 years · compounded
▲ 5%

Revenue has grown at a compounded annual rate (CAGR) of 4% over five years, including 5% growth in the latest year. EBITDA rose 10% 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₹4.88 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹57.45 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 Margin7.6%
Net Profit Margin0.9%
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 Bhandari Precision Forgings Private Limited, buy the company report.

Board of directors of Bhandari Precision Forgings Private Limited

Bhandari Precision Forgings has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Vijay Bhandari
Also directs: Twivi Technology Private Limited, Ring Forgings Private Limited, Hi - Tech Pneumatics and Heattreaters Private Limited
Additional Director03 Aug 201313 Years 3 MonthsCurrent
Suresh Bhandari
Also directs: Twivi Technology Private Limited, Ring Forgings Private Limited, Hi - Tech Pneumatics and Heattreaters Private Limited
Managing Director01 Jan 200719 Years 10 MonthsCurrent
View all directors

Peer comparison

Bhandari Precision Forgings Private Limited is compared with the 4 companies closest to it by revenue in the Machinery and Equipment industry (Tools and Components), with the same principal business activity (metal and metal products), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Sidhi Vinayaka Fab Engineering Private Limited₹64.33 Cr (FY 2025)32.0%Bangalore, Karnataka, India
Bhandari Precision Forgings Private Limitedthis company₹63.97 Cr (FY 2024)₹57.45 Lakh0.9%5.0%74Bangalore, Karnataka, India
Crish Metal Works Private Limited₹63.52 Cr (FY 2025)-2.0%Navi Mumbai, Maharashtra, India
Koyas Fasteners Private Limited₹63.28 Cr (FY 2025)1.0%Coimbatore, Tamil Nadu, India
Ferrosco Industries Private Limited₹63.05 Cr (FY 2023)-8.0%Coimbatore, Tamil Nadu, India

To see the full peer comparison of Bhandari Precision Forgings Private Limited, buy the company report.

Auditor

Bhandari Precision Forgings Private Limited is audited by RPAR & CO LLP for the financial year 2023.

Auditor firmFinancial yearFirm registration number
RPAR & CO LLPFY 2023S200139

Shareholding

The shareholding of Bhandari Precision Forgings 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 Bhandari Precision Forgings Private Limited, buy the company report.

Charges & borrowings

Open charges
₹38.58 Cr
Satisfied charges
₹90 Lakh
Breakdown by lending institutions
Indian Bank₹37.23 Cr
Sidbi₹0.68 Cr
Others₹0.66 Cr
Sundaram Finance Limited₹0.01 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
20 Jun 2023100736995Sidbi₹68 LakhOpen
31 Aug 2019100285454Others₹50 LakhOpen
08 May 2019100268817Others₹16.14 LakhOpen
30 Mar 201510566369Indian Bank₹1.25 CrOpen
23 Sep 201410524847Indian Bank₹4.7 LakhOpen

To see the full charge records of Bhandari Precision Forgings Private Limited, buy the company report.

Total charge records: 9 View all charges

Deals & funding

Bhandari Precision Forgings Private Limited has 10 deals on record (5 funding rounds, 5 secondary share transfers), with disclosed funding of ₹3.4 Cr; the latest was in March 2024.

Total deals
10
Funding rounds
5
Secondary share transfers
5
Disclosed funding
₹3.4 Cr

Deals on record (5 of 10)

WhenDealAmountParties
Mar 2024Secondary share transferUndisclosedBuyer: B Capital, 3 individuals
Seller: Sri Venkateshwara Enterprises, 3 individuals
Feb 2023Secondary share transferUndisclosedBuyer: Shree Balaji Traders, Manoharlal & Co., 2 individuals
Seller: an individual
Mar 2012Secondary share transferUndisclosedBuyer: 3 individuals
Seller: Nova Merchants Private Limited , Quest Financial Services Private Limited , 2 individuals
Mar 2011Funding round₹1.19 CrInvestors: 4 individuals
Mar 2007Funding round₹50 LakhInvestors: Nova Merchants Private Limited , Quest Financial Services Private Limited

To see the full deal history of Bhandari Precision Forgings Private Limited, buy the company report.

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

Credit ratings & regulatory alerts

Bhandari Precision Forgings Private Limited was last rated by Crisil on 11 Mar 2020.

Rating agencyRated onRating
Crisil11 Mar 2020

To see the full credit ratings and regulatory alerts of Bhandari Precision Forgings Private Limited, buy the company report.

MSME payment delays

Bhandari Precision Forgings Private Limited has 7 MSME Form 1 returns on record between 2019 and 2021, listing 42 overdue payments to 19 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 19)

SupplierAmount dueDue sinceReported on
Marotia Steel & Alloys Private Limited
Marotia Steel Engineering Private Limited
Sunil Forging & Steel Industries
Champion Steels
Aditya Engimach Private Limited

To see the full MSME payment records of Bhandari Precision Forgings Private Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

Employees & EPFO

Bhandari Precision Forgings Private Limited has a workforce of 74 employees on its EPFO records as of Mar 30, 2024, across 1 active EPFO establishment.

Employee count
74
Active EPFO establishments
1
Employee growth
2.78%

GST

Bhandari Precision Forgings has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
29AABCV6596Q1Z6KarnatakaActive01 Jul 2017

To see the full GST registrations and return filing status of Bhandari Precision Forgings Private Limited, buy the company report.

Recent activity

Bhandari Precision Forgings Private Limited has 5 board changes on record since 2007: 2 appointments and 3 cessations. The latest: Komal Bhandari ceased to be Director on 14 Jul 2023.

Charges
A charge with Indian Bank of Rs. 35.93 Cr registered on 23 Jan 2004 with Charge ID 90200892 was modified on 28 Jul 2025.
AGM
Bhandari Precision Forgings Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Bhandari Precision Forgings Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
Ceased
Komal Bhandari ceased to be Director.
Charges
A charge with Sidbi amounted to Rs. 0.68 Cr with Charge ID 100736995 was registered on 20 Jun 2023.
Charges
A charge with Others amounted to Rs. 0.50 Cr with Charge ID 100285454 was registered on 31 Aug 2019.
Ceased
Virendra Kumar Bhandari ceased to be Director.
Charges
A charge with Others amounted to Rs. 0.16 Cr with Charge ID 100268817 was registered on 08 May 2019.
Charges
A charge with Indian Bank amounted to Rs. 1.25 Cr with Charge ID 10566369 was registered on 30 Mar 2015.
Charges
A charge with Indian Bank amounted to Rs. 0.05 Cr with Charge ID 10524847 was registered on 23 Sep 2014.
Appointed
Vijay Bhandari was appointed as Additional Director.
Ceased
Puduvail Kayakal Asokan ceased to be Director.

8 earlier events are in the company report.

Frequently asked questions

Bhandari Precision Forgings is an active private limited company based in Bangalore, Karnataka, India. The company works in industrial tools and components, within the machinery and equipment industry. It was incorporated on 13 June 1996 (30+ years old) and is registered under CIN U28910KA1996PTC020630.

Bhandari Precision Forgings has 2 current directors:

The latest financial statements of Bhandari Precision Forgings 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 Bhandari Precision Forgings is 29AABCV6596Q1Z6, registered in Karnataka.

The CIN (Corporate Identification Number) of Bhandari Precision Forgings is U28910KA1996PTC020630. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Bhandari Precision Forgings has 1 court case on record: 1 filed against it.

Bhandari Precision Forgings was incorporated on 13 June 1996, making it 30+ years old. It is registered with the Registrar of Companies, Bangalore.

Bhandari Precision Forgings has 10 deals on record (5 funding rounds, 5 secondary share transfers), with disclosed funding of ₹3.4 Cr; the latest was in March 2024.

The peers of Bhandari Precision Forgings by revenue are Sidhi Vinayaka Fab Engineering Private Limited, Crish Metal Works Private Limited, Koyas Fasteners Private Limited, Ferrosco Industries Private Limited, all in the Machinery and Equipment industry (Tools and Components), with the same principal business activity (metal and metal products).

Komal Bhandari ceased to be Director on 14 Jul 2023. Virendra Kumar Bhandari ceased to be Director on 03 Jun 2019. Vijay Bhandari was appointed as Additional Director on 03 Aug 2013. Bhandari Precision Forgings has 5 board changes on record in total.

Yes, Bhandari Precision Forgings is registered as a medium enterprise under Udyam registration (number: UDYAM-KR-02-0004232).

Bhandari Precision Forgings has 7 MSME Form 1 returns on record between 2019 and 2021, listing 42 overdue payments to 19 micro and small suppliers. The latest return was filed on 01 Dec 2021.