About Competent Forging Limited
Data last updated:
Competent Forging Limited is a public limited company based in Haryana, India. It operates in the metal foundry and fabrication services segment of the engineering sector. It was incorporated on 02 July 1993 and has been in existence for over 33 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U28999HR1993PLC032045. Its GSTIN is 06AAACC6811E1Z5 (Haryana). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹75 Lakh and a paid-up capital of ₹52.3 Lakh. It was formerly known as Competent Forging Private Limited. It is led by directors including Prem Chand Goyal and Kamlesh Rani.
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 2J/51 B.P. N.I.T Faridabad, Haryana, India.
As per the financials filed for FY 2023, the company reported a revenue of ₹17.38 Cr, a growth of 21% compared to the previous year. For the same year it recorded a net profit of ₹26.2 Lakh (net margin 1.5%) and EBITDA of -₹5.35 Lakh (EBITDA margin -0.3%). Revenue has grown at a compounded annual rate (CAGR) of 4% over three years and 6% over five years.
The company has about 12 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹12.47 Cr and satisfied charges of ₹16.9 Cr on record. Court records list 15 cases involving the company, including 11 filed by the company and 3 filed against it; 3 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 competentforging.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered Address2J/51 B.P. N.I.T Faridabad, Haryana, India
- IndustryEngineering, Metal Foundry & Fabrication Services
- 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
Financials of Competent Forging Limited FY 2025 filings available
Competent Forging Limited reported revenue of ₹17.38 Cr (up 21% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR) of Competent Forging Limited
Revenue has grown at a compounded annual rate (CAGR) of 6% over five years, including 21% growth 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 Competent Forging Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | ₹17.38 Cr | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | -₹5.35 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹26.2 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 Competent Forging Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -0.3% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 1.5% | •••• | •••• | •••• | •••• |
| 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 Competent Forging 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.
Auditor Details of Competent Forging Limited
Competent Forging Limited is audited by SATISH GUPTA & ASSOCIATES for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| SATISH GUPTA & ASSOCIATES | 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 Competent Forging Limited
Competent Forging has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Prem Chand Goyal | Director | 02 Jul 1993 | 33 Years 3 Months | Current |
| Kamlesh Rani | Director | 02 Jul 1993 | 33 Years 3 Months | Current |
| Vipin Goyal | Director | 20 Aug 1998 | 28 Years 1 Months | Current |
Ownership and Shareholding of Competent Forging 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 Competent Forging Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 12 Nov 2024 | Hdfc Bank Limited | ₹17.1 Lakh | Open |
| 22 Nov 2023 | Others | ₹1 Cr | Open |
| 27 Mar 2023 | Others | ₹28.9 Lakh | Open |
| 23 Mar 2023 | Others | ₹40.38 Lakh | Open |
| 28 Feb 2023 | Others | ₹9.5 Cr | Open |
Total charge records: 18 View all charges
Legal Cases of Competent Forging Limited
Competent Forging Limited has 15 court cases on record: 11 filed by Competent Forging, 3 filed against it, 1 where it is another party. 3 cases are pending and 12 are disposed. Status as checked between 29 Sep 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 12 | 2 | 2 |
| High courts | 3 | 1 | 1 |
Cases on record (5 of 15)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Faridabad, Haryana | Appeal | Filed against the company by Rydermatic Auto Engineering LLP | Pending |
| District court, Faridabad, Haryana | Civil suit | Filed by the company against S and H Gears Private Limited | Disposed |
| District court, Faridabad, Haryana | Cheque dishonour complaint | Filed by the company against Vision Autotech Private Limited | Disposed |
| District court, Faridabad, Haryana | Cheque dishonour complaint | Filed by the company against Rydermatic Auto Engineering LLP | Disposed |
| District court, Gautam Buddha Nagar, Uttar Pradesh | Court case (Complaint Cases) | Filed by the company against Vision Autotech Private Limited | Disposed |
Full case history
All 15 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.
Employees and EPFO Compliance at Competent Forging Limited
Competent Forging Limited has a workforce of 12 employees as of Apr 09, 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 Competent Forging Limited
Competent Forging has one previous CIN (Corporate Identification Number): L28999HR1993PLC032045. The current CIN is U28999HR1993PLC032045, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U28999HR1993PLC032045 | Current |
| L28999HR1993PLC032045 | Previous |
Recent Activity on Competent Forging Limited
Competent Forging Limited has 3 board changes on record since 1993: 3 appointments. The latest: Vipin Goyal was appointed as Director on 20 Aug 1998.
25 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Competent Forging 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.
MSME Payment Delays by Competent Forging Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Competent Forging 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 Competent Forging Limited
Competent Forging has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 06AAACC6811E1Z5 | Haryana | 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 Competent Forging 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 Competent Forging Limited
Competent Forging is an active public limited company based in Haryana, India. The company works in metal foundry and fabrication services, within the engineering industry. It was incorporated on 02 July 1993 (33+ years old) and is registered under CIN U28999HR1993PLC032045.
Competent Forging reported revenue of ₹17.38 Cr for FY 2023 (up 21% YoY).
Competent Forging has 3 current directors:
- Prem Chand Goyal - Director
- Kamlesh Rani - Director
- Vipin Goyal - Director
Competent Forging reported a net profit of ₹26.2 Lakh (net margin 1.5%) and EBITDA of -₹5.35 Lakh (EBITDA margin -0.3%) for FY 2023, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Competent Forging is -4% over three years and 6% over five years. In the latest year (FY 2023) revenue rose 21%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Competent Forging is 06AAACC6811E1Z5, registered in Haryana. 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 Competent Forging is U28999HR1993PLC032045. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Competent Forging has 15 court cases on record: 11 filed by the company and 3 filed against it. 3 are pending. Most are in the district courts.
Competent Forging was incorporated on 02 July 1993, making it 33+ years old. It is registered with the Registrar of Companies, Delhi.
Vipin Goyal was appointed as Director on 20 Aug 1998. Kamlesh Rani was appointed as Director on 02 Jul 1993. Prem Chand Goyal was appointed as Director on 02 Jul 1993.