About Divine Forge Pvt Ltd
Data last updated:
Divine Forge Pvt Ltd is a private limited company based in Kolkata, West Bengal, India. It operates in the steel manufacturing and processing segment of the metals and mining sector. It was incorporated on 04 June 1990 and has been in existence for over 36 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U27109WB1990PTC049155. Its GSTIN is 19AAACD9120B1Z3 (West Bengal).
The company has an authorised share capital of ₹1.5 Cr and a paid-up capital of ₹98 Lakh. It is led by directors including Satyendra Agarwal and Balmukand Singhal.
Its last annual general meeting (AGM) was held on 27 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Martin Burn Business Park, Kolkata, West Bengal.
As per the financials filed for FY 2025, the company reported a revenue of ₹55.04 Cr, a decline of 27% compared to the previous year. For the same year it recorded a net profit of ₹2.89 Cr (net margin 5.3%) and EBITDA of ₹6.14 Cr (EBITDA margin 11.1%). Revenue has grown at a compounded annual rate (CAGR) of 6% over three years and 10% over five years.
The company has about 41 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹1.9 Cr on record. Court records list 1 case involving the company, including 1 filed against it; 1 case is 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 divineforge.in.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressMartin Burn Business Park 10th Floor Unit No. 1001B Plot No. 3 Block – Bp Se, Ctor – V, Kolkata, West Bengal, India – 700091
- IndustryMetals and Minerals, Steel Manufacturing & Processing
- 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 Divine Forge Pvt Ltd
The main business activity of Divine Forge is manufacturing. In detail, this covers metal and metal products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products | 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 Divine Forge Pvt Ltd FY 2025 filings available
Divine Forge Pvt Ltd reported revenue of ₹55.04 Cr (down 27% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Divine Forge Pvt Ltd
Revenue fell 27% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 10%. EBITDA fell 14% 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 Divine Forge Pvt Ltd
| 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 | ₹6.14 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹2.89 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 of Divine Forge Pvt Ltd
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 11.1% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 5.3% | •••• | •••• | •••• | •••• |
| 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 Divine 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.
Board of Directors of Divine Forge Pvt Ltd
Divine Forge has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Satyendra Agarwal | Director | 01 Aug 2003 | 23 Years 2 Months | Current |
| Balmukand Singhal | Director | 04 Jun 1990 | 36 Years 4 Months | Current |
| Praveen Agarwal | Director | 01 Aug 2003 | 23 Years 2 Months | Current |
Peer Comparison of Divine Forge Pvt Ltd
Divine Forge Pvt Ltd is compared with the companies closest to it by revenue in the Metals and Minerals industry (Steel). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Jain Steel Syndicate Private Limited | ₹55.35 Cr (FY 2025) | •••• | •••• | -15.0% | •••• | Indore, Madhya Pradesh, India |
| Malerkotla Steel and Alloys Pvt Ltd | ₹55.33 Cr (FY 2024) | •••• | •••• | -19.0% | •••• | Punjab, India |
| Jai Mateshwari Alloys Private Limited | ₹55.19 Cr (FY 2025) | •••• | •••• | 0.0% | •••• | Muzaffarnagar, Uttar Pradesh, India |
| Ideal Steels and Iron Enterprises Private Limited | ₹55.14 Cr (FY 2025) | •••• | •••• | -8.0% | •••• | Ahmednagar, Maharashtra, India |
| Cresmac Foundry Private Limited | ₹55.07 Cr (FY 2025) | •••• | •••• | 9.0% | •••• | South 24 Parganas, West Bengal, India |
| Divine Forge Pvt Ltd this company | ₹55.04 Cr (FY 2025) | •••• | •••• | -27.0% | •••• | Kolkata, West Bengal, India |
| Shree Vaishnav Alloys Private Limited | ₹55 Cr (FY 2018) | •••• | •••• | -5.0% | •••• | Mumbai, Maharashtra, India |
| Refulgent Ispat Private Limited | ₹54.88 Cr (FY 2025) | •••• | •••• | -19.0% | •••• | Sundargarh, Odisha, India |
| Reform Tools Private Limited | ₹54.83 Cr (FY 2025) | •••• | •••• | 42.0% | •••• | Kolkata, West Bengal, India |
| Radhe Hurkat Ispat Private Limited | ₹54.8 Cr (FY 2025) | •••• | •••• | -20.0% | •••• | Raipur, Chhattisgarh, India |
| B. D. Industries (Pune) Limited | ₹54.74 Cr (FY 2025) | •••• | •••• | -1.0% | •••• | Govandi West Mumbai, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Divine Forge by revenue in the Metals and Minerals industry (Steel), 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 Divine Forge Pvt Ltd
Divine Forge Pvt Ltd is audited by BHATTACHARYA SENGUPTA & CO. for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| BHATTACHARYA SENGUPTA & 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.
Ownership and Shareholding of Divine Forge Pvt Ltd
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 Divine Forge Pvt Ltd
| Date | Lender | Amount | Status |
|---|---|---|---|
| 18 Jul 2018 | Others | ₹1.9 Cr | Open |
Total charge records: 1 View all charges
Legal Cases of Divine Forge Pvt Ltd
Divine Forge Pvt Ltd has 1 court case on record: 1 filed against it. All case is pending. Status as checked on 21 Sep 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Hooghly, West Bengal | Court case (M.p. Case) | Filed against the company by an individual | Pending |
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 Divine Forge Pvt Ltd
Divine Forge Pvt Ltd has 9 MSME Form 1 returns on record between 2019 and 2023, listing 18 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 |
|---|---|---|---|
| Marotia Steel & Alloys Private Limited | •••• | •••• | •••• |
| Ganesh Steel & Alloys Ltd | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 9 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.
Employees and EPFO Compliance at Divine Forge Pvt Ltd
Divine Forge Pvt Ltd has a workforce of 41 employees as of Apr 06, 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.
Recent Activity on Divine Forge Pvt Ltd
Divine Forge Pvt Ltd has 4 board changes on record since 1990: 3 appointments and 1 cessation. The latest: Sanjeev Agarwal ceased to be Director on 15 Jul 2008.
Credit Ratings, Litigation & Regulatory Alerts for Divine Forge Pvt Ltd
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 Divine Forge Pvt Ltd
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 Divine Forge Pvt Ltd
Divine Forge has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AAACD9120B1Z3 | West Bengal | 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 Divine Forge Pvt Ltd
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 Divine Forge Pvt Ltd
Divine Forge is an active private limited company based in Kolkata, West Bengal, India. The company works in steel manufacturing and processing, within the metals and minerals industry. It was incorporated on 04 June 1990 (36+ years old) and is registered under CIN U27109WB1990PTC049155.
Divine Forge reported revenue of ₹55.04 Cr for FY 2025 (down 27% YoY).
Divine Forge has 3 current directors:
- Satyendra Agarwal - Director
- Balmukand Singhal - Director
- Praveen Agarwal - Director
Divine Forge reported a net profit of ₹2.89 Cr (net margin 5.3%) and EBITDA of ₹6.14 Cr (EBITDA margin 11.1%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Divine Forge is 6% over three years and 10% over five years. In the latest year (FY 2025) revenue fell 27%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Divine Forge is 19AAACD9120B1Z3, registered in West Bengal.
The CIN (Corporate Identification Number) of Divine Forge is U27109WB1990PTC049155. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Divine Forge has 1 court case on record: 1 filed against it. 1 is pending.
Divine Forge was incorporated on 04 June 1990, making it 36+ years old. It is registered with the Registrar of Companies, Kolkata.
The peers of Divine Forge by revenue are Jain Steel Syndicate Private Limited, Malerkotla Steel and Alloys Pvt Ltd, Jai Mateshwari Alloys Private Limited, Ideal Steels and Iron Enterprises Private Limited, Cresmac Foundry Private Limited and 5 more, all in the Metals and Minerals industry (Steel).
Sanjeev Agarwal ceased to be Director on 15 Jul 2008. Praveen Agarwal was appointed as Director on 01 Aug 2003. Satyendra Agarwal was appointed as Director on 01 Aug 2003. Divine Forge has 4 board changes on record in total.
Divine Forge has 9 MSME Form 1 returns on record between 2019 and 2023, listing 18 overdue payments to 2 micro and small suppliers. The latest return was filed on 29 Aug 2023.