
About Forge Auto International Limited
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Forge Auto International Limited is a public limited company based in Ludhiana, Punjab, India. It operates in the metal foundry and fabrication services segment of the engineering sector. It was incorporated on 25 April 2023.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U25910PB2023PLC058272. Its shares are listed on NSE: FORGEAUTO.
The company has an authorised share capital of ₹11 Cr and a paid-up capital of ₹10.92 Cr. It is led by directors including Rajan Mittal (Managing Director) and Parmod Gupta (Whole-Time Director).
Its last annual general meeting (AGM) was held on 21 September 2026, and its latest financial statements are for the year ended 31 March 2026. The registered office is at Village Mangarh Kohara – Machhiwara Road, Ludhiana, Punjab, India – 141001.
As per the latest standalone financials for FY 2025-26, the company reported a revenue of ₹226.13 Cr, a growth of 7.7% compared to the previous year. For the same year it recorded a net profit of ₹10.82 Cr (net margin 4.8%) and EBITDA of ₹20.43 Cr (EBITDA margin 9%).
The company is associated with 1 brand: Forge Auto International. As per MCA filings, the company has open charges of ₹83.32 Cr and satisfied charges of ₹20.08 Cr on record. The company has 3 deals on record (1 ipo, 1 funding round, 1 secondary share transfer), with disclosed funding of ₹12.12 Cr; the latest was in October 2024.
For more details, the company can be reached via its website failtd.com.
Company details
CIN history
Forge Auto International has one previous CIN (Corporate Identification Number): U25910PB2023PTC058272. The current CIN is U25910PB2023PLC058272, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U25910PB2023PLC058272 | Current |
| U25910PB2023PTC058272 | Previous |
Contact details
Forge Auto International Limited's registered office is in Ludhiana, Punjab.
- Social Media
- Registered AddressVillage Mangarh Kohara – Machhiwara Road, Ludhiana, Punjab, India – 141001
- 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
Brands
Forge Auto International operates one associated brand: Forge Auto International. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturing of agricultural and automotive parts in India. | failtd.com |
Business activity
The main business activity of Forge Auto International 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 Forge Auto International Limited, buy the company report.
Financials of Forge Auto International Limited
FY 2025-26 filings availableForge Auto International Limited reported revenue of ₹226.13 Cr (up 7.7% YoY) for FY 2025-26.
Financial Highlights
FY 2025-26 · StandaloneRevenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|---|
| Income statement | ||||||
| Revenue | 226 | 210 | 169 | 177 | 133 | 110 |
| Revenue growth | +7.7% | +23.9% | -4.1% | +32.9% | +21.3% | - |
| EBITDA | 20.43 | 17.74 | 13.37 | 11.39 | 7.21 | 5.85 |
| EBITDA margin | +9.0% | +8.5% | +7.9% | +6.5% | +5.4% | +5.3% |
| Profit before tax | 15.27 | 13.19 | 8.94 | 6.93 | 3.73 | 2.22 |
| Net profit | 10.82 | 9.81 | 6.08 | 4.96 | 2.63 | 1.59 |
| Net profit margin | +4.8% | +4.7% | +3.6% | +2.8% | +2.0% | +1.5% |
| EPS (₹) | 9.91 | 8.73 | 8.04 | 2.99 | 1.93 | 1.48 |
| Balance sheet | ||||||
| Total assets | - | 97.78 | 61.01 | 49.00 | 40.28 | 34.14 |
| Net worth | - | 58.23 | 20.58 | 16.60 | 13.68 | 10.87 |
| Total debt | - | 35.74 | 36.02 | 31.82 | 26.20 | 22.91 |
| Cash & bank | - | 2.02 | 0.52 | 0.03 | 0.03 | 0.03 |
| Net working capital | - | 55.16 | 28.60 | 24.06 | 18.08 | 15.03 |
| Cash flow | ||||||
| Cash from operations | - | (7.17) | 8.48 | 4.34 | 4.65 | 5.19 |
| Cash from investing | - | (13.95) | (10.77) | (4.91) | (5.29) | (4.51) |
| Cash from financing | - | 22.61 | 2.78 | 0.58 | 0.64 | (0.68) |
Financial Statements
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|---|
| Revenue | 226 | 210 | 169 | 177 | 133 | 110 |
| Revenue growth | +7.7% | +23.9% | -4.1% | +32.9% | +21.3% | - |
| Other income | 1.68 | 2.78 | 1.42 | 1.00 | 1.12 | 0.23 |
| Total expenses | 206 | 192 | 156 | 165 | 126 | 104 |
| Employee cost | 0.00 | 10.95 | 10.13 | 7.59 | 5.73 | 4.26 |
| EBITDA | 20.43 | 17.74 | 13.37 | 11.39 | 7.21 | 5.85 |
| EBITDA margin | +9.0% | +8.5% | +7.9% | +6.5% | +5.4% | +5.3% |
| Depreciation | 2.75 | 3.14 | 1.95 | 2.07 | 1.80 | 1.36 |
| Interest | 4.09 | 4.19 | 3.90 | 3.39 | 2.80 | 2.50 |
| Profit before tax | 15.27 | 13.19 | 8.94 | 6.93 | 3.73 | 2.22 |
| Tax | 4.45 | 3.67 | 2.50 | 1.97 | 1.10 | 0.63 |
| Net profit | 10.82 | 9.81 | 6.08 | 4.96 | 2.63 | 1.59 |
| Net profit margin | +4.8% | +4.7% | +3.6% | +2.8% | +2.0% | +1.5% |
| EPS (₹) | 9.91 | 8.73 | 8.04 | 2.99 | 1.93 | 1.48 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|---|
| Equity & liabilities | ||||||
| Share capital | - | 10.92 | 8.04 | 16.60 | 13.68 | 10.87 |
| Reserves & surplus | - | 47.31 | 12.54 | 0.00 | 0.00 | 0.00 |
| Shareholders' funds (net worth) | - | 58.23 | 20.58 | 16.60 | 13.68 | 10.87 |
| Secured loans | - | 30.10 | 35.21 | 28.36 | 22.61 | 19.65 |
| Unsecured loans | - | 5.64 | 0.81 | 3.46 | 3.59 | 3.26 |
| Total debt | - | 35.74 | 36.02 | 31.82 | 26.20 | 22.91 |
| Total liabilities | - | 97.78 | 61.01 | 49.00 | 40.28 | 34.14 |
| Assets | ||||||
| Gross block | - | 36.09 | 26.34 | 33.95 | 24.62 | 20.32 |
| Net block | - | 31.29 | 24.47 | 25.76 | 22.82 | 18.96 |
| Capital work in progress | - | 0.00 | 0.27 | 0.00 | 0.22 | 0.63 |
| Investments | - | 2.67 | 1.84 | 0.19 | 0.07 | 0.00 |
| Inventories | - | 55.10 | 35.54 | 21.19 | 10.79 | 13.61 |
| Sundry debtors | - | 21.32 | 23.81 | 31.90 | 20.83 | 16.50 |
| Cash & bank balances | - | 2.02 | 0.52 | 0.03 | 0.03 | 0.03 |
| Loans & advances | - | 13.08 | 2.46 | 2.92 | 1.48 | 2.81 |
| Total current assets | - | 91.52 | 62.33 | 56.04 | 33.13 | 32.95 |
| Total current liabilities | - | 36.36 | 33.73 | 31.98 | 15.05 | 17.92 |
| Net working capital | - | 55.16 | 28.60 | 24.06 | 18.08 | 15.03 |
| Total assets | - | 97.78 | 61.01 | 49.00 | 40.28 | 34.14 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|---|
| Opening cash | - | 0.52 | 0.03 | 0.03 | 0.03 | 0.03 |
| Net cash from operating activities | - | (7.17) | 8.48 | 4.34 | 4.65 | 5.19 |
| Net cash from investing activities | - | (13.95) | (10.77) | (4.91) | (5.29) | (4.51) |
| Net cash from financing activities | - | 22.61 | 2.78 | 0.58 | 0.64 | (0.68) |
| Net change in cash | - | 1.49 | 0.49 | 0.01 | 0.00 | 0.00 |
| Closing cash | - | 2.02 | 0.52 | 0.03 | 0.03 | 0.03 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|---|
| Growth | ||||||
| Sales growth | +7.7% | +23.9% | -4.1% | +32.9% | +21.3% | - |
| EBITDA growth | +15.2% | +32.7% | +17.4% | +58.0% | +23.3% | - |
| PBT growth | +15.8% | +47.5% | +29.0% | +85.8% | +68.0% | +9997.0% |
| Net income growth | +10.3% | +61.4% | +22.6% | +88.6% | +65.4% | - |
| Revenue CAGR (3Y) | +8.6% | +16.5% | +15.7% | - | - | - |
| EBITDA CAGR (3Y) | +21.5% | +35.0% | +31.7% | - | - | - |
| Profitability & leverage | ||||||
| Net income margin | +4.8% | +4.5% | +3.8% | +2.8% | +2.0% | +1.5% |
| Return on capital employed | - | +21.9% | +23.4% | +23.1% | +17.6% | +13.9% |
| Return on net worth | - | +24.2% | +34.8% | +32.8% | +21.5% | +14.8% |
| Debt / equity | - | 0.91 | 1.82 | 1.92 | 2.00 | 2.11 |
| Long-term debt / equity | - | 0.30 | 0.47 | 0.43 | 0.71 | 0.86 |
| Interest cover | 23.13 | 28.70 | 34.15 | 36.37 | 51.76 | 55.68 |
| Efficiency & per share | ||||||
| Fixed asset turnover | - | 6.72 | 5.62 | 6.03 | 5.91 | 5.39 |
| Inventory turnover | - | 4.63 | 5.97 | 11.05 | 10.89 | 8.05 |
| Debtors turnover | - | 9.30 | 6.08 | 6.70 | 7.12 | 6.64 |
| EPS (₹) | 9.91 | 8.73 | 8.04 | 2.99 | 1.93 | 1.48 |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 0.00 | 53.32 | 25.60 | 10.00 | 10.00 | 10.00 |
To see the full year-wise statements and ratios of Forge Auto International Limited, buy the company report.
Board of directors of Forge Auto International Limited
Forge Auto International has 5 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rajan Mittal | Managing Director | 25 Apr 2023 | 3 Years 5 Months | Current |
| Parmod Gupta | Whole-Time Director | 25 Apr 2023 | 3 Years 5 Months | Current |
| Navneet Kaur | Director | 03 Jun 2024 | 2 Years 4 Months | Current |
| Ansh Jain Also directs: Eco Spin Yarns Private Limited, Zeta Appnomics Private Limited | Director | 01 Apr 2024 | 2 Years 6 Months | Current |
| Parabhjot Kaur | Director | 12 Feb 2026 | 0 Years 8 Months | Current |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 07 Aug 2026 | 101373029 | Hdfc Bank Limited | ₹5.02 Cr | Open | |
| 02 May 2026 | 101284517 | Others | ₹15 Lakh | Open | |
| 18 Dec 2025 | 101203544 | Hdfc Bank Limited | ₹85 Lakh | Open | |
| 29 Sep 2025 | 101164712 | Others | ₹15 Lakh | Open | |
| 05 Nov 2024 | 101001219 | Hdfc Bank Limited | ₹16 Lakh | Open |
To see the full charge records of Forge Auto International Limited, buy the company report.
Total charge records: 12 View all charges
Deals & funding
Forge Auto International Limited has 3 deals on record (1 ipo, 1 funding round, 1 secondary share transfer), with disclosed funding of ₹12.12 Cr; the latest was in October 2024.
Deals on record (3 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Oct 2024 | IPO | ₹31.1 Cr | Investors: IPO Shareholders - Forge Auto International Limited, Finavenue Capital Trust Finavenue Growth Fund, Tattvam Aif Trust |
| Dec 2023 | Funding round | ₹12.12 Cr | Investors: Rajan Mittal & Sons Huf, Parmod Gupta & HUF, 2 individuals |
| Nov 2023 | Secondary share transfer | Undisclosed | Buyer: Rajan Mittal & Sons Huf, 3 individuals Seller: 2 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Forge Auto International Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Forge Auto International Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Forge Auto International Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Forge Auto International Limited has 11 board changes on record since 2023: 6 appointments and 5 cessations. The latest: Parabhjot Kaur was appointed as Director on 12 Feb 2026.
19 earlier events are in the company report.
Frequently asked questions
Forge Auto International is an active public limited company based in Ludhiana, Punjab, India. The company works in metal foundry and fabrication services, within the engineering industry. It was incorporated on 25 April 2023 (3+ years old) and is registered under CIN U25910PB2023PLC058272. Listed on NSE: FORGEAUTO.
Forge Auto International reported revenue of ₹226.13 Cr for FY 2025-26 (up 7.7% YoY) based on standalone financials.
Forge Auto International has 5 current directors:
- Rajan Mittal - Managing Director
- Parmod Gupta - Whole-Time Director
- Navneet Kaur - Director
- Ansh Jain - Director
- Parabhjot Kaur - Director
The latest financial statements of Forge Auto International on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 21 September 2026. Year-wise statements from FY 2024 are in the company report.
The CIN (Corporate Identification Number) of Forge Auto International is U25910PB2023PLC058272. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. Forge Auto International is listed on NSE with symbol FORGEAUTO.
Forge Auto International was incorporated on 25 April 2023, making it 3+ years old. It is registered with the Registrar of Companies, Chandigarh.
Forge Auto International has 3 deals on record (1 ipo, 1 funding round, 1 secondary share transfer), with disclosed funding of ₹12.12 Cr; the latest was in October 2024.
Parabhjot Kaur was appointed as Director on 12 Feb 2026. Ansh Jain ceased to be Additional Director on 03 Jun 2024. Bhupinder Preet Kaur was appointed as Director on 03 Jun 2024. Forge Auto International has 11 board changes on record in total.
Forge Auto International can be reached through the website failtd.com. Its registered office is in Ludhiana, Punjab, India.