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. Its 10 peer companies in the Automobiles industry (Auto, Auto Ancillary, Tools and Components) are compared by revenue, 5 larger and 5 smaller; the largest is Jammu Auto Mart Private Limited with revenue of ₹213.54 Cr.
For more details, the company can be reached via its website failtd.com.
CIN History of Forge Auto International Limited
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 |
- EmailLocked
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- 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
- One PDF report, delivered after checkout
Associated Brands with Forge Auto International Limited
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 of Forge Auto International Limited
The main business activity of Forge Auto International 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 Forge Auto International Limited FY 2025-26 filings available
Forge 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 |
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 |
Peer Comparison of Forge Auto International Limited
Forge Auto International Limited is compared with the companies closest to it by revenue in the Automobiles industry (Auto, Auto Ancillary, Tools and Components). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Forge Auto International Limited this company | ₹226.13 Cr (FY 2026) | •••• | •••• | 7.7% | •••• | Ludhiana, Punjab, India |
| Jammu Auto Mart Private Limited | ₹213.54 Cr (FY 2025) | •••• | •••• | -8.0% | •••• | Jammu, Jammu and Kashmir, India |
| Kinetic Taigene Electrical Company Private Limited | ₹213.43 Cr (FY 2025) | •••• | •••• | 10.0% | •••• | Pune, Maharashtra, India |
| Trident Auto Infra Private Limited | ₹213.31 Cr (FY 2025) | •••• | •••• | 347.0% | •••• | Bangalore, Karnataka, India |
| Yoshika Engineering Private Limited | ₹212.81 Cr (FY 2025) | •••• | •••• | 0.0% | •••• | Pune, Maharashtra, India |
| Radiant Innovative Manufacturing Limited | ₹212.7 Cr (FY 2025) | •••• | •••• | -2.0% | •••• | Delhi, India |
| HUF India Private Limited | ₹212.44 Cr (FY 2025) | •••• | •••• | 5.0% | •••• | Pune, Maharashtra, India |
| Veoneer Safety Systems India Private Limited | ₹212.28 Cr (FY 2025) | •••• | •••• | 11.0% | •••• | Bangalore, Karnataka, India |
| Shivalik Auto Engineering Private Limited | ₹212.27 Cr (FY 2023) | •••• | •••• | 90.0% | •••• | Raipur, Chhattisgarh, India |
| Steelbird Hi-Tech India Limited | ₹211.92 Cr (FY 2024) | •••• | •••• | 27.0% | •••• | New Delhi, Delhi, India |
| Agarwal Fastners Pvt Ltd | ₹210.86 Cr (FY 2025) | •••• | •••• | 3.0% | •••• | Mumbai, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Forge Auto International by revenue in the Automobiles industry (Auto, Auto Ancillary, Tools and Components), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Charges & Borrowings of Forge Auto International Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 07 Aug 2026 | Hdfc Bank Limited | ₹5.02 Cr | Open |
| 02 May 2026 | Others | ₹15 Lakh | Open |
| 18 Dec 2025 | Hdfc Bank Limited | ₹85 Lakh | Open |
| 29 Sep 2025 | Others | ₹15 Lakh | Open |
| 05 Nov 2024 | Hdfc Bank Limited | ₹16 Lakh | Open |
Total charge records: 12 View all charges
Deals & Funding of Forge Auto International Limited
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 |
Full deal history
All 3 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Employees and EPFO Compliance at Forge Auto International Limited
Employment history and EPFO contributions of people linked to Forge Auto International.
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 Forge Auto International Limited
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 listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Forge Auto International 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 Forge Auto International 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
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Subsidiaries & Group Companies of Forge Auto International 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
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GST Compliance of Forge Auto International Limited
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
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MCA Filings & Documents of Forge Auto International 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 Forge Auto International Limited
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 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.
The peers of Forge Auto International by revenue are Jammu Auto Mart Private Limited, Kinetic Taigene Electrical Company Private Limited, Trident Auto Infra Private Limited, Yoshika Engineering Private Limited, Radiant Innovative Manufacturing Limited and 5 more, all in the Automobiles industry (Auto, Auto Ancillary, Tools and Components).
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.
The registered office of Forge Auto International is at Village Mangarh Kohara – Machhiwara Road, Ludhiana, Punjab, India – 141001.