
Bombay Forgings Limited
About Bombay Forgings Limited
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Bombay Forgings Limited is a public limited company based in Mumbai, Maharashtra, India. It operates in the die casting and metal forming segment of the manufacturing sector. It was incorporated on 06 January 1966 and has been in existence for over 60 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U28910MH1966PLC013399. Its GSTIN is 27AAACB2097B1Z2 (Maharashtra). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹80.01 Lakh. It is led by directors including Sankaran Radhakrishnan and Rajendra Dattaram Sawant.
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 3rd Floor Bajaj Bahvan Jamnalal Bajaj Marg 226 Nariman Point, Mumbai, Maharashtra, India – 400021.
As per the financials filed for FY 2021, the company reported a revenue of ₹27.57 Lakh, a decline of 82% compared to the previous year. For the same year it recorded a net loss of ₹11.99 Cr and EBITDA of -₹9.44 Cr. Revenue has declined at a compounded annual rate (CAGR) of 80% over three years and 65% over five years.
The company has about 1 employee on its provident fund (EPFO) records.
As per MCA filings, the company has satisfied charges of ₹64.66 Cr on record. Court records list 75 cases involving the company, including 43 filed by the company and 32 filed against it; 7 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Bombay Forgings Limited's registered office is in Mumbai, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered Address3rd Floor Bajaj Bahvan Jamnalal Bajaj Marg 226 Nariman Point, Mumbai, Maharashtra, India – 400021
- IndustryManufacturing, Die Casting & Metal Forming
To see the full contact details of Bombay Forgings 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 Bombay Forgings Limited
FY 2025 filings availableBombay Forgings Limited reported revenue of ₹27.57 Lakh (down 82% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 65% over five years, including a 82% fall 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 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹27.57 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹9.44 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹11.99 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 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | |||||
| Net Profit Margin | |||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
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| 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 Bombay Forgings Limited, buy the company report.
Board of directors of Bombay Forgings Limited
Bombay Forgings has 3 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rajendra Dattaram Sawant Also directs: India Thermal Power Private Limited, Stainless India Ltd, Mukand Heavy Engineering Limited and 1 more | Additional Director | 24 Dec 2024 | 1 Years 10 Months | Current |
| Sankaran Radhakrishnan | Director | 27 Jul 1999 | 27 Years 3 Months | Current |
| Dhanesh Kanaiyalal Goradia Also directs: India Thermal Power Private Limited, Stainless India Ltd, Mukand Heavy Engineering Limited and 1 more | Additional Director | 24 Dec 2024 | 1 Years 10 Months | Current |
Auditor
Bombay Forgings Limited is audited by R K CHAUDHARY & ASSOCIATES for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| R K CHAUDHARY & ASSOCIATES | FY 2021 | 133512W |
Shareholding
The shareholding of Bombay Forgings Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Bombay Forgings Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 Aug 2008 | 10121042 | Development Credit Bank Limited | ₹6.5 Cr | Satisfied | |
| 25 Nov 1999 | 80047516 | Canara Bank | ₹86.5 Lakh | Satisfied | |
| 13 Aug 1999 | 80047788 | Icici Limited | ₹4.8 Cr | Satisfied | |
| 11 Jun 1999 | 80047794 | Icici Limited | ₹2.71 Cr | Satisfied | |
| 21 Jul 1998 | 80047784 | Canara Bank | ₹10.7 Cr | Satisfied |
To see the full charge records of Bombay Forgings Limited, buy the company report.
Total charge records: 89 View all charges
Legal cases
Bombay Forgings Limited has 75 court cases on record: 43 filed by Bombay Forgings, 32 filed against it. 7 cases are pending and 68 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 43 | 17 | 1 |
| High courts | 30 | 15 | 6 |
| Supreme Court | 2 | 0 | 0 |
Cases on record (5 of 75)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Pune, Maharashtra | Civil suit | Filed against the company by Ismt Ltd., | Disposed |
| District court, Aurangabad, Maharashtra | Civil suit | Filed by the company against Ms Besco Ltd and 3 others | Disposed |
| Bombay High Court | Appeal | Filed by the company against Bank of Maharashtra and Ors | Disposed |
| Bombay High Court | Writ petition | Filed by the company against Bank of Maharashtra and Ors | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summons Cases SS) | Filed by the company against Ms. Gajra Bevel Gears Ltd. and 1 other | Disposed |
To see the full case history of Bombay Forgings 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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Bombay Forgings Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Bombay Forgings Limited has a workforce of 1 employees on its EPFO records as of Mar 23, 2024, across 1 active EPFO establishment.
GST
Bombay Forgings has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACB2097B1Z2 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Bombay Forgings Limited, buy the company report.
Recent activity
Bombay Forgings Limited has 14 board changes on record since 1999: 5 appointments and 9 cessations. The latest: Dhanesh Kanaiyalal Goradia was appointed as Additional Director on 24 Dec 2024.
200 earlier events are in the company report.
Frequently asked questions
Bombay Forgings is an active public limited company based in Mumbai, Maharashtra, India. The company works in die casting and metal forming, within the manufacturing industry. It was incorporated on 06 January 1966 (60+ years old) and is registered under CIN U28910MH1966PLC013399.
Bombay Forgings has 3 current directors:
- Rajendra Dattaram Sawant - Additional Director
- Sankaran Radhakrishnan - Director
- Dhanesh Kanaiyalal Goradia - Additional Director
The latest financial statements of Bombay Forgings on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Bombay Forgings is 27AAACB2097B1Z2, registered in Maharashtra. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Bombay Forgings is U28910MH1966PLC013399. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Bombay Forgings has 75 court cases on record: 43 filed by the company and 32 filed against it. 7 are pending. Most are in the district courts.
Bombay Forgings was incorporated on 06 January 1966, making it 60+ years old. It is registered with the Registrar of Companies, Mumbai.
Dhanesh Kanaiyalal Goradia was appointed as Additional Director on 24 Dec 2024. Rajendra Dattaram Sawant was appointed as Additional Director on 24 Dec 2024. Shriram Venkat Panse ceased to be Additional Director on 29 Sep 2023. Bombay Forgings has 14 board changes on record in total.
The registered office of Bombay Forgings is at 3rd Floor Bajaj Bahvan Jamnalal Bajaj Marg 226 Nariman Point, Mumbai, Maharashtra, India – 400021.
Bombay Forgings operates in the manufacturing industry, in the die casting and metal forming segment.

