About Forgewell Limited
Data last updated:
Forgewell Limited is a public limited company based in Faridabad, Haryana, India. It operates in the industrial tools and components segment of the machinery and industrial equipment sector. It was incorporated on 22 February 1978 and has been in existence for over 48 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U74899HR1978PLC117941. Its GSTIN is 06AAACF0071H1Z4 (Haryana). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹3.04 Cr. It is led by directors including Shyam Khandelwal and Pushpa Khandelwal.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Faridabad, Haryana.
As per the financials filed for FY 2025, the company reported a revenue of ₹49.32 Cr, a growth of 11% compared to the previous year. For the same year it recorded a net profit of ₹1.81 Cr (net margin 3.7%) and EBITDA of ₹3.72 Cr (EBITDA margin 7.5%). Revenue has grown at a compounded annual rate (CAGR) of 10% over five years.
The company has about 30 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Forgewell. As per MCA filings, the company has open charges of ₹16.39 Cr and satisfied charges of ₹27.22 Cr on record. Court records list 11 cases involving the company, including 8 filed by the company and 3 filed against it; 1 case is pending. The company has 1 deal on record (1 secondary share transfer); the latest was in March 2023. Its 10 peer companies in the Machinery and Equipment industry (Tools and Components) are compared by revenue, 5 larger and 5 smaller; the largest is B E Asia Private Limited with revenue of ₹49.74 Cr. The company has 11 MSME Form 1 returns on record between 2019 and 2023, listing 744 overdue payments to 35 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website forgewell.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressPlot No. 24, DLF – II Fbd, Faridabad, Haryana, India – 121003
- IndustryMachinery and Equipment, Industrial Tools & Components
- 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 Forgewell Limited
The main business activity of Forgewell is manufacturing. In detail, this covers computer, electronic, communication and scientific measuring & control equipment.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C9 | Computer, electronic, Communication and scientific measuring & control equipment | 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 Forgewell Limited FY 2025 filings available
Forgewell Limited reported revenue of ₹49.32 Cr (up 11% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Forgewell Limited
Revenue has grown at a compounded annual rate (CAGR) of 10% over five years, including 11% growth in the latest year. EBITDA rose 18% 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 Forgewell Limited
| 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 | ₹3.72 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹1.81 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 Forgewell Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 7.5% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 3.7% | •••• | •••• | •••• | •••• |
| 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 Forgewell 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.
Peer Comparison of Forgewell Limited
Forgewell Limited is compared with the companies closest to it by revenue in the Machinery and Equipment industry (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 |
|---|---|---|---|---|---|---|
| B E Asia Private Limited | ₹49.74 Cr (FY 2025) | •••• | •••• | 36.0% | •••• | Ahmedabad, Gujarat, India |
| Chaphekar Suspensions Private Limited | ₹49.73 Cr (FY 2025) | •••• | •••• | 14.0% | •••• | Pune, Maharashtra, India |
| Pneumax Pneumatic India Private Limited | ₹49.66 Cr (FY 2024) | •••• | •••• | -8.0% | •••• | Maicha, Uttar Pradesh, India |
| Leo Primecomp Private Limited | ₹49.4 Cr (FY 2024) | •••• | •••• | 37.0% | •••• | Chennai, Tamil Nadu, India |
| KSP Metal Forge Private Limited | ₹49.4 Cr (FY 2024) | •••• | •••• | 7.0% | •••• | Gondal, Gujarat, India |
| Forgewell Limited this company | ₹49.32 Cr (FY 2025) | •••• | •••• | 11.0% | •••• | Faridabad, Haryana, India |
| Supra Quality Exports (India) Private Limited | ₹49.2 Cr (FY 2025) | •••• | •••• | -7.0% | •••• | Thane, Maharashtra, India |
| Annai Enterprises Private Limited | ₹48.95 Cr (FY 2025) | •••• | •••• | 4.0% | •••• | Chennai, Tamil Nadu, India |
| Maadhav Automotive Fastners Private Limited. | ₹48.83 Cr (FY 2025) | •••• | •••• | 16.0% | •••• | Gurgaon, Haryana, India |
| Osborn Lippert (India) Private Limited | ₹48.68 Cr (FY 2024) | •••• | •••• | 6.0% | •••• | Aurangabad, Maharashtra, India |
| Sona Automotives Private Limited | ₹48.67 Cr (FY 2025) | •••• | •••• | 23.0% | •••• | Rohtak, Haryana, India |
Peers are the five companies nearest above and the five nearest below Forgewell by revenue in the Machinery and Equipment industry (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.
Auditor Details of Forgewell Limited
Forgewell Limited is audited by KUMAR VIJAY GUPTA AND CO. for the financial year 2024.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| KUMAR VIJAY GUPTA AND 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.
Board of Directors of Forgewell Limited
Forgewell has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shyam Khandelwal Also directs: Fine Turn Auto Private Limited | Director | 01 Apr 2002 | 24 Years 6 Months | Current |
| Pushpa Khandelwal | Director | 07 Jul 2015 | 11 Years 3 Months | Current |
| Ram Khandelwal Also directs: Fine Turn Auto Private Limited | Director | 10 Jul 2004 | 22 Years 3 Months | Current |
Ownership and Shareholding of Forgewell Limited
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 Forgewell Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 29 Feb 2024 | Others | ₹1 Cr | Open |
| 30 Jan 2019 | Others | ₹7.14 Cr | Open |
| 18 Sep 2018 | Others | ₹8.25 Cr | Open |
| 22 Mar 2016 | Others | ₹7.5 Cr | Satisfied |
| 31 May 2011 | Icici Bank Limited | ₹75 Lakh | Satisfied |
Total charge records: 17 View all charges
Deals & Funding of Forgewell Limited
Forgewell Limited has 1 deal on record (1 secondary share transfer); the latest was in March 2023.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2023 | Secondary share transfer | Undisclosed | Buyer: 3 individuals Seller: 2 individuals |
Full deal history
All 1 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.
Legal Cases of Forgewell Limited
Forgewell Limited has 11 court cases on record: 8 filed by Forgewell, 3 filed against it. 1 case is pending and 10 are disposed. Status as checked between 21 Sep 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 10 | 3 | 1 |
| High courts | 1 | 0 | 0 |
Cases on record (5 of 11)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Faridabad, Haryana | Commercial suit | Filed against the company by Hryana State Pollution Control Board | Pending |
| District court, Faridabad, Haryana | Court case (RP) | Filed by the company against an individual | Disposed |
| District court, Faridabad, Haryana | Court case (TRF) | Filed against the company by State of Haryana | Disposed |
| District court, Faridabad, Haryana | Court case (RP) | Filed by the company against an individual | Disposed |
| District court, Faridabad, Haryana | Court case (RP) | Filed by the company against an individual | Disposed |
Full case history
All 11 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 Forgewell Limited
Forgewell Limited has 11 MSME Form 1 returns on record between 2019 and 2023, listing 744 overdue payments to 35 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 35)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Rajdeep Industries | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| Fine Turn Auto Private Limited | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 11 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.
Associated Brands with Forgewell Limited
Forgewell operates one associated brand: Forgewell. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Produces forged components for automotive, railway, and machinery industries. | forgewell.com |
Employees and EPFO Compliance at Forgewell Limited
Forgewell Limited has a workforce of 30 employees as of Apr 05, 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.
CIN History of Forgewell Limited
Forgewell has one previous CIN (Corporate Identification Number): U74899DL1978PLC008876. The current CIN is U74899HR1978PLC117941, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74899HR1978PLC117941 | Current |
| U74899DL1978PLC008876 | Previous |
Recent Activity on Forgewell Limited
Forgewell Limited has 5 board changes on record since 2002: 3 appointments and 2 cessations. The latest: Krishan Murari Khandelwal ceased to be Managing Director on 16 Jul 2021.
31 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Forgewell 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.
Subsidiaries & Group Companies of Forgewell 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
Verified entity values are shown only after access is granted.
GST Compliance of Forgewell Limited
Forgewell has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 06AAACF0071H1Z4 | Haryana | 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 Forgewell 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 Forgewell Limited
Forgewell is an active public limited company based in Faridabad, Haryana, India. The company works in industrial tools and components, within the machinery and equipment industry. It was incorporated on 22 February 1978 (48+ years old) and is registered under CIN U74899HR1978PLC117941.
Forgewell reported revenue of ₹49.32 Cr for FY 2025 (up 11% YoY).
Forgewell has 3 current directors:
- Shyam Khandelwal - Director
- Pushpa Khandelwal - Director
- Ram Khandelwal - Director
Forgewell reported a net profit of ₹1.81 Cr (net margin 3.7%) and EBITDA of ₹3.72 Cr (EBITDA margin 7.5%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Forgewell is 10% over five years. In the latest year (FY 2025) revenue rose 11%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Forgewell is 06AAACF0071H1Z4, registered in Haryana. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Forgewell is U74899HR1978PLC117941. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Forgewell has 11 court cases on record: 8 filed by the company and 3 filed against it. 1 is pending. Most are in the district courts.
Forgewell was incorporated on 22 February 1978, making it 48+ years old. It is registered with the Registrar of Companies, Delhi.
Forgewell has 1 deal on record (1 secondary share transfer); the latest was in March 2023.
The peers of Forgewell by revenue are B E Asia Private Limited, Chaphekar Suspensions Private Limited, Pneumax Pneumatic India Private Limited, Leo Primecomp Private Limited, KSP Metal Forge Private Limited and 5 more, all in the Machinery and Equipment industry (Tools and Components).
Krishan Murari Khandelwal ceased to be Managing Director on 16 Jul 2021. Pushpa Khandelwal ceased to be Additional Director on 30 Sep 2019. Pushpa Khandelwal was appointed as Director on 07 Jul 2015. Forgewell has 5 board changes on record in total.