About Forbes Marshall Steam Systems Private Limited
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Forbes Marshall Steam Systems Private Limited is a private limited company based in Pune, Maharashtra, India. It operates in the power equipment manufacturers segment of the energy and power sector. It was incorporated on 03 April 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U74900PN2012PTC142888. Its GSTIN is 27AABCF9609C1ZR (Maharashtra).
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹4.5 Cr. It is led by directors Rahul Yogesh Mahashabde and Dharmesh Niranjan Thaker.
Its last annual general meeting (AGM) was held on 06 August 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Opp 106th Milestone Cts No. 2220 Mumbai – Pune Road, Kasarwadi, Maharashtra, India – 411034.
As per the financials filed for FY 2016, the company reported a revenue of ₹1.2 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹1.17 Cr (net margin -97.6%) and EBITDA of -₹1.1 Cr (EBITDA margin -91.5%).
Court records list 2 cases involving the company, including 2 filed by the company.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website forbesmarshall.com.
Company details
Contact details
Forbes Marshall Steam Systems Private Limited's registered office is in Pune, Maharashtra. Its website is forbesmarshall.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressOpp 106th Milestone Cts No. 2220 Mumbai – Pune Road, Kasarwadi, Maharashtra, India – 411034
- IndustryEnergy and Power, Power Equipment Manufacturers
To see the full contact details of Forbes Marshall Steam Systems Private 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 Forbes Marshall Steam Systems Private Limited
FY 2025 filings availableForbes Marshall Steam Systems Private Limited reported revenue of ₹1.2 Cr (up 462% YoY) for FY 2016.
Compounded Annual Growth Rate (CAGR)
Revenue rose 462% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ||
| Other Income | ||
| Total Revenue | ₹1.2 Cr | |
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | -₹1.1 Cr | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | -₹1.17 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 2015-16 | FY 2014-15 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | -91.5% | |
| Net Profit Margin | -97.6% | |
| 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 Forbes Marshall Steam Systems Private Limited, buy the company report.
Board of directors of Forbes Marshall Steam Systems Private Limited
Forbes Marshall Steam Systems has 2 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rahul Yogesh Mahashabde Also directs: Gold Coin Maritronics Private Limited | Director | 05 Dec 2023 | 2 Years 10 Months | Current |
| Dharmesh Niranjan Thaker Also directs: Trasmec India Private Limited, Forbes Marshall Private Limited, Gold Coin Maritronics Private Limited and 1 more | Director | 22 Dec 2022 | 3 Years 10 Months | Current |
Auditor
Forbes Marshall Steam Systems Private Limited is audited by FORD RHODES PARKS & CO LLP for the financial year 2016.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| FORD RHODES PARKS & CO LLP | FY 2016 | 102860W |
Shareholding
The shareholding of Forbes Marshall Steam Systems Private Limited is on record for FY 2016, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2016 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Forbes Marshall Steam Systems Private Limited, buy the company report.
Legal cases
Forbes Marshall Steam Systems Private Limited has 2 court cases on record: 2 filed by Forbes Marshall Steam Systems. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 0 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Pune, Maharashtra | Civil suit | Filed by the company against Hydrocons Systems Pvt.Ltd, and 1 other | Disposed |
| District court, Pune, Maharashtra | Civil suit | Filed by the company against an individual | Disposed |
To see the full case history of Forbes Marshall Steam Systems 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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Forbes Marshall Steam Systems Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Forbes Marshall Steam Systems has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCF9609C1ZR | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Forbes Marshall Steam Systems Private Limited, buy the company report.
Recent activity
Forbes Marshall Steam Systems Private Limited has 11 board changes on record since 2017: 2 appointments and 9 cessations. The latest: Rahul Yogesh Mahashabde ceased to be Additional Director on 27 Aug 2024.
2 earlier events are in the company report.
Frequently asked questions
Forbes Marshall Steam Systems is an active private limited company based in Pune, Maharashtra, India. The company works in power equipment manufacturers, within the energy and power industry. It was incorporated on 03 April 2012 (14+ years old) and is registered under CIN U74900PN2012PTC142888.
Forbes Marshall Steam Systems has 2 current directors:
- Rahul Yogesh Mahashabde - Director
- Dharmesh Niranjan Thaker - Director
The latest financial statements of Forbes Marshall Steam Systems on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 06 August 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Forbes Marshall Steam Systems is 27AABCF9609C1ZR, registered in Maharashtra.
The CIN (Corporate Identification Number) of Forbes Marshall Steam Systems is U74900PN2012PTC142888. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Forbes Marshall Steam Systems has 2 court cases on record: 2 filed by the company.
Forbes Marshall Steam Systems was incorporated on 03 April 2012, making it 14+ years old. It is registered with the Registrar of Companies, Pune.
Rahul Yogesh Mahashabde ceased to be Additional Director on 27 Aug 2024. Farhad Darius Forbes ceased to be Director on 05 Dec 2023. Naushad Darius Forbes ceased to be Director on 05 Dec 2023. Forbes Marshall Steam Systems has 11 board changes on record in total.
Forbes Marshall Steam Systems can be reached through the website forbesmarshall.com. Its registered office is in Pune, Maharashtra, India.
The registered office of Forbes Marshall Steam Systems is at Opp 106th Milestone Cts No. 2220 Mumbai – Pune Road, Kasarwadi, Maharashtra, India – 411034.
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