MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-KR-25-0000091
Fitwel Tools and Forgings Private Limited - machinery and equipment in Tumkur, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹197.66 Cr
▲ 15% YoY
Net profit · FY 2025
₹5.72 Cr
Net margin 2.9%
EBITDA · FY 2025
₹24.08 Cr
EBITDA margin 12.2%
Authorised capital
₹1.5 Cr
Registered with MCA
Paid-up capital
₹35.56 Lakh
Issued & subscribed
Open charges
₹163.9 Cr
Satisfied ₹46.45 Cr
Company age
43 yrs
Est. 1983
Directors on board
7
As per MCA filings
About Fitwel Tools and Forgings Private Limited
Data last updated:
Fitwel Tools and Forgings Private Limited is a private limited company based in Tumkur, Karnataka, India, a subsidiary of Sansera Engineering Limited. It operates in the industrial tools and components segment of the machinery and industrial equipment sector. It was incorporated on 19 November 1983 and has been in existence for over 43 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U29220KA1983PTC005690. Its GSTIN is 29AAACF2319J1ZO (Karnataka).
The company has an authorised share capital of ₹1.5 Cr and a paid-up capital of ₹35.56 Lakh. It is led by directors including Doddaballapur Subramanya Ananth (Managing Director) and Sathya Moorthy Venkataramani.
Its last annual general meeting (AGM) was held on 24 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Unit No.5 Kht Complex Antharasanahalli, Tumkur, Karnataka, India – 572106.
As per the financials filed for FY 2025, the company reported a revenue of ₹197.66 Cr, a growth of 15% compared to the previous year. For the same year it recorded a net profit of ₹5.72 Cr (net margin 2.9%) and EBITDA of ₹24.08 Cr (EBITDA margin 12.2%). Revenue has grown at a compounded annual rate (CAGR) of 15% over three years and 14% over five years.
The company is associated with 1 brand: Fitwel Tools and Forgings. As per MCA filings, the company has open charges of ₹163.9 Cr and satisfied charges of ₹46.45 Cr on record. Court records list 5 cases involving the company, including 1 filed by the company and 4 filed against it. The company has 4 deals on record (3 secondary share transfers, 1 funding round), with disclosed funding of ₹5.2 Lakh; the latest was in March 2023. Its 6 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, 3 larger and 3 smaller; the largest is GRS Engineering Private Limited with revenue of ₹203.79 Cr. The company has 5 MSME Form 1 returns on record between 2019 and 2021, listing 237 overdue payments to 6 micro and small suppliers.
Fitwel Tools and Forgings Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-25-0000091). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website fitwelforge.com.
Company details
CIN U29220KA1983PTC005690
Registration Number 005690
Incorporation Date 19 November 1983
ROC Bangalore
Listing Status Unlisted
Company Status Active
Parent Company Sansera Engineering Limited
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-KR-25-0000091
CIN history
Fitwel Tools and Forgings has one previous CIN (Corporate Identification Number): U02922KA1983PTC005690. The current CIN is U29220KA1983PTC005690, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U29220KA1983PTC005690 | Current |
| U02922KA1983PTC005690 | Previous |
Key People
Doddaballapur Subramanya Ananth Managing Director Sathya Moorthy Venkataramani Director Doddaballapur Narayan Nagakumar Director Recognitions & Rankings of Fitwel Tools and Forgings
Contact details
Fitwel Tools and Forgings Private Limited's registered office is in Tumkur, Karnataka. Its website is fitwelforge.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressUnit No.5 Kht Complex Antharasanahalli, Tumkur, Karnataka, India – 572106
- IndustryMachinery and Equipment, Industrial Tools & Components
To see the full contact details of Fitwel Tools and Forgings Private Limited, buy the company report.
Comprehensive company report
Fitwel Tools and 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
Fitwel Tools and Forgings operates one associated brand: Fitwel Tools and Forgings. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufactures hand tools and precision forgings for automotive industry with quality focus. | fitwelforge.com |
Business activity
The main business activity of Fitwel Tools and Forgings is manufacturing. In detail, this covers metal and metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products |
To see the full business activity and turnover split of Fitwel Tools and Forgings Private Limited, buy the company report.
Financials of Fitwel Tools and Forgings Private Limited
FY 2025 filings availableFitwel Tools and Forgings Private Limited reported revenue of ₹197.66 Cr (up 15% YoY) for FY 2025.
Revenue · FY 2025
₹197.66 Cr ▲ 15%
Net profit · FY 2025
₹5.72 Cr margin 2.9%
EBITDA · FY 2025
₹24.08 Cr margin 12.2%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 15%
3 years · compounded
▲ 15%
5 years · compounded
▲ 14%
EBITDA CAGR growth
1 year
▲ 11%
3 years · compounded
▲ 10%
5 years · compounded
▲ 31%
Revenue has grown at a compounded annual rate (CAGR) of 14% over five years, including 15% growth in the latest year. EBITDA rose 11% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹197.66 Cr | ||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹24.08 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹5.72 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 12.2% | ||||
| Net Profit Margin | 2.9% | ||||
| 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 Fitwel Tools and Forgings Private Limited, buy the company report.
Board of directors of Fitwel Tools and Forgings Private Limited
Fitwel Tools and Forgings has 7 current directors and 11 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sathya Moorthy Venkataramani Also directs: Kirloskar Ferrous Industries Ltd, Kirloskar Industries Limited, Sundial Systems Private Limited and 1 more | Director | 31 Mar 2025 | 1 Years 7 Months | Current |
| Doddaballapur Narayan Nagakumar | Director | 24 Jun 2011 | 15 Years 4 Months | Current |
| Praveen Chauhan Also directs: BNK Abhishek Engineers Private Limited | Director | 28 Feb 2019 | 7 Years 8 Months | Current |
| Doddaballapur Subramanya Ananth | Managing Director | 24 Jun 2011 | 15 Years 4 Months | Current |
| Basavaraja Murugendrappa Sondur | Director | 30 Aug 2014 | 12 Years 2 Months | Current |
| Satyanarayan Patel | Director | 07 Aug 2024 | 2 Years 3 Months | Current |
Showing 6 of 7 current directors. View all directors
Peer comparison
Fitwel Tools and Forgings Private Limited is compared with the 6 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.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| GRS Engineering Private Limited | ₹203.79 Cr (FY 2025) | -1.0% | Mysore, Karnataka, India | |||
| Usk Exports Private Limited | ₹202.3 Cr (FY 2025) | 2.0% | New Delhi, Delhi, India | |||
| Rani Electrodes Ltd | ₹198.46 Cr (FY 2025) | 16.0% | Haryana, India | |||
| Fitwel Tools and Forgings Private Limitedthis company | ₹197.66 Cr (FY 2025) | ₹5.72 Cr | 2.9% | 15.0% | Tumkur, Karnataka, India | |
| KNL Driveline Parts Private Limited | ₹196.9 Cr (FY 2025) | 12.0% | New Delhi, Delhi, India | |||
| Nuevosol Energy Private Limited | ₹195.27 Cr (FY 2025) | -24.0% | Hyderabad, Telangana, India | |||
| Oetiker India Private Limited | ₹194.63 Cr (FY 2025) | 3.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Fitwel Tools and Forgings Private Limited, buy the company report.
Auditor
Fitwel Tools and Forgings Private Limited is audited by Deloitte Haskins & Sells for the financial year 2025.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Deloitte Haskins & Sells | FY 2025 | 008072S |
Shareholding
The shareholding of Fitwel Tools and Forgings Private Limited is on record for 5 financial years, the latest being FY 2025, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Fitwel Tools and Forgings Private Limited, buy the company report.
Charges & borrowings
Open charges
₹163.9 Cr
Satisfied charges
₹46.45 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 26 Sep 2025 | 101167882 | Others | ₹44 Cr | Open | |
| 09 Jul 2025 | 101128484 | Hdfc Bank Limited | ₹8.8 Cr | Open | |
| 26 Dec 2022 | 100660969 | Hdfc Bank Limited | ₹6 Cr | Open | |
| 15 Dec 2022 | 100664337 | Hdfc Bank Limited | ₹6 Cr | Open | |
| 27 May 2022 | 100752131 | Hdfc Bank Limited | ₹10.06 Lakh | Open |
To see the full charge records of Fitwel Tools and Forgings Private Limited, buy the company report.
Total charge records: 31 View all charges
Deals & funding
Fitwel Tools and Forgings Private Limited has 4 deals on record (3 secondary share transfers, 1 funding round), with disclosed funding of ₹5.2 Lakh; the latest was in March 2023.
Total deals
4
Secondary share transfers
3
Funding round
1
Disclosed funding
₹5.2 Lakh
Deals on record (4 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2023 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: 2 individuals |
| Aug 2014 | Secondary share transfer | Undisclosed | Buyer: Sansera Engineering Limited Seller: 4 individuals |
| Dec 2006 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: 4 individuals |
| Oct 2006 | Funding round | ₹5.2 Lakh | Investors: Sansera Engineering Limited , 3 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Fitwel Tools and Forgings Private Limited has 5 court cases on record: 1 filed by Fitwel Tools and Forgings, 4 filed against it. All cases are disposed.
Total cases
5
Filed by the company
1
Filed against the company
4
Disposed
5
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 2 | 0 |
| High courts | 1 | 1 | 0 |
| Supreme Court | 1 | 1 | 0 |
Cases on record (5 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Supreme Court | Court case (0104-Labour Matters : Matters relating to wages, bonus, ad-hoc, casual daily wages & their regularisation) | Filed against the company by Press Tools and Elements Private Limited Rep by. Mr.Tallam Venkatesh Managing Director No. 93/8, Subhadra South End Road , District: Bangalore ,Bangalore , Karnataka and 6 others | Disposed |
| District court, BENGALURU, Karnataka | Court case (ID) | Filed against the company by an individual | Disposed |
| District court, TUMAKURU, Karnataka | Civil suit | Filed by the company against an individual | Disposed |
| District court, TUMAKURU, Karnataka | Court case (ECA) | Filed against the company by an individual | Disposed |
| High Court of Karnataka | Appeal | Filed against the company | Disposed |
To see the full case history of Fitwel Tools and Forgings Private 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.
Credit ratings & regulatory alerts
Fitwel Tools and Forgings Private Limited was last rated by Icra on 28 Apr 2022.
| Rating agency | Rated on | Rating |
|---|---|---|
| Icra | 28 Apr 2022 |
To see the full credit ratings and regulatory alerts of Fitwel Tools and Forgings Private Limited, buy the company report.
MSME payment delays
Fitwel Tools and Forgings Private Limited has 5 MSME Form 1 returns on record between 2019 and 2021, listing 237 overdue payments to 6 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 6)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| JNR Enterprise | |||
| Lakshmi Enterprises | |||
| an individual supplier | |||
| an individual supplier | |||
| Competitive Tooling Solutions Private Limited |
To see the full MSME payment records of Fitwel Tools and Forgings Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Fitwel Tools and Forgings has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAACF2319J1ZO | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Fitwel Tools and Forgings Private Limited, buy the company report.
Recent activity
Fitwel Tools and Forgings Private Limited has 18 board changes on record since 2011: 7 appointments and 11 cessations. The latest: Kadambi Narahari ceased to be Additional Director on 27 Apr 2025.
Charges
A charge with Others amounted to Rs. 44.00 Cr with Charge ID 101167882 was registered on 26 Sep 2025.
AGM
Fitwel Tools And Forgings Private Limited last Annual general meeting of members was held on 24 Sep 2025 as per latest MCA records.
Charges
A charge with Hdfc Bank Limited of Rs. 8.80 Cr registered on 09 Jul 2025 with Charge ID 101128484 was modified on 20 Sep 2025.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 8.80 Cr with Charge ID 101128484 was registered on 09 Jul 2025.
Ceased
Kadambi Narahari ceased to be Additional Director.
Ceased
Sathya Moorthy Venkataramani ceased to be Additional Director.
Charges
A charge registered on 28 Feb 2019 via Charge ID 100268762 with Others was fully satisfied on 22 Apr 2025.
Charges
A charge registered on 04 Oct 2017 via Charge ID 100130936 with Others was fully satisfied on 22 Apr 2025.
Filing
Fitwel Tools And Forgings Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Ceased
Doddaballapur Narayan Nagakumar ceased to be Whole-Time Director.
Appointed
Kadambi Narahari was appointed as Director.
Appointed
Sathya Moorthy Venkataramani was appointed as Director.
79 earlier events are in the company report.
Frequently asked questions
Fitwel Tools and Forgings is an active private limited company based in Tumkur, Karnataka, India. The company works in industrial tools and components, within the machinery and equipment industry. It was incorporated on 19 November 1983 (43+ years old) and is registered under CIN U29220KA1983PTC005690.
Fitwel Tools and Forgings has 7 current directors:
- Doddaballapur Subramanya Ananth - Managing Director
- Sathya Moorthy Venkataramani - Director
- Doddaballapur Narayan Nagakumar - Director
- Praveen Chauhan - Director
- Basavaraja Murugendrappa Sondur - Director
- Satyanarayan Patel - Director
- Kadambi Narahari - Director
The latest financial statements of Fitwel Tools and Forgings on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 24 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Fitwel Tools and Forgings is 29AAACF2319J1ZO, registered in Karnataka.
The CIN (Corporate Identification Number) of Fitwel Tools and Forgings is U29220KA1983PTC005690. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Fitwel Tools and Forgings has 5 court cases on record: 1 filed by the company and 4 filed against it. Most are in the district courts.
Fitwel Tools and Forgings was incorporated on 19 November 1983, making it 43+ years old. It is registered with the Registrar of Companies, Bangalore.
Fitwel Tools and Forgings has 4 deals on record (3 secondary share transfers, 1 funding round), with disclosed funding of ₹5.2 Lakh; the latest was in March 2023.
The peers of Fitwel Tools and Forgings by revenue are GRS Engineering Private Limited, Usk Exports Private Limited, Rani Electrodes Ltd, KNL Driveline Parts Private Limited, Nuevosol Energy Private Limited and 1 more, all in the Machinery and Equipment industry (Tools and Components), with the same principal business activity (metal and metal products).
Kadambi Narahari ceased to be Additional Director on 27 Apr 2025. Sathya Moorthy Venkataramani ceased to be Additional Director on 27 Apr 2025. Doddaballapur Narayan Nagakumar ceased to be Whole-Time Director on 31 Mar 2025. Fitwel Tools and Forgings has 18 board changes on record in total.
Yes, Fitwel Tools and Forgings is registered as a medium enterprise under Udyam registration (number: UDYAM-KR-25-0000091).
Fitwel Tools and Forgings has 5 MSME Form 1 returns on record between 2019 and 2021, listing 237 overdue payments to 6 micro and small suppliers. The latest return was filed on 26 Apr 2021.
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