MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-15-0020559
Fortune Foundries Private Limited - engineering in Kolhapur, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹17.93 Cr
▲ 6% YoY
Net profit · FY 2025
₹10.08 Lakh
Net margin 0.6%
EBITDA · FY 2025
₹1.04 Cr
EBITDA margin 5.8%
Authorised capital
₹8.25 Cr
Registered with MCA
Paid-up capital
₹8.25 Cr
Issued & subscribed
Open charges
₹4.8 Cr
Satisfied ₹99.42 Lakh
Company age
17 yrs
Est. 2009
Employees · EPFO
35
Provident fund records
About Fortune Foundries Private Limited
Data last updated:
Fortune Foundries Private Limited is a private limited company based in Kolhapur, Maharashtra, India. It operates in the metal foundry and fabrication services segment of the engineering sector. It was incorporated on 12 October 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U27310PN2009PTC134787. Its GSTIN is 27AABCF4178N1Z6 (Maharashtra).
The company has an authorised share capital of ₹8.25 Cr and a paid-up capital of ₹8.25 Cr. It is led by directors including Ajit Chandrakant Otavanekar (Managing Director) and Suresh Shriniwas Jadhav.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Kolhapur, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹17.93 Cr, a growth of 6% compared to the previous year. For the same year it recorded a net profit of ₹10.08 Lakh (net margin 0.6%) and EBITDA of ₹1.04 Cr (EBITDA margin 5.8%). Revenue has declined at a compounded annual rate (CAGR) of 4% over three years.
The company has about 35 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Fortune Foundries Pvt Ltd. As per MCA filings, the company has open charges of ₹4.8 Cr and satisfied charges of ₹99.42 Lakh on record. Court records list 11 cases involving the company, including 11 filed against it; 1 case is pending.
Fortune Foundries Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-15-0020559). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website fortunefoundries.com.
Company details
CIN U27310PN2009PTC134787
Registration Number 134787
Incorporation Date 12 October 2009
ROC Pune
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-MH-15-0020559
Key People
Ajit Chandrakant Otavanekar Managing Director Suresh Shriniwas Jadhav Director Rushikesh Mohan Anawkar Director Recognitions & Rankings of Fortune Foundries
Contact details
Fortune Foundries Private Limited's registered office is in Kolhapur, Maharashtra. Its website is fortunefoundries.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressPlot No.B – 83 Kagal – Hatkanangale Five Star M.I.D.C Village – Halsawade Tal, Karveer., Kolhapur, Maharashtra, India – 416216
- IndustryEngineering, Metal Foundry & Fabrication Services
To see the full contact details of Fortune Foundries Private Limited, buy the company report.
Comprehensive company report
Fortune Foundries 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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Secure checkout · GST invoice included
Brands
Fortune Foundries operates one associated brand: Fortune Foundries Pvt Ltd. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Steel castings manufacturing for industrial sectors in India. | fortunefoundries.com |
Business activity
The main business activity of Fortune Foundries 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 Fortune Foundries Private Limited, buy the company report.
Financials of Fortune Foundries Private Limited
FY 2024 filings availableFortune Foundries Private Limited reported revenue of ₹17.93 Cr (up 6% YoY) for FY 2025.
Revenue · FY 2025
₹17.93 Cr ▲ 6%
Net profit · FY 2025
₹10.08 Lakh margin 0.6%
EBITDA · FY 2025
₹1.04 Cr margin 5.8%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 6%
3 years · compounded
▼ 4%
EBITDA CAGR growth
1 year
▼ 8%
3 years · compounded
▼ 4%
Revenue rose 6% in the latest year, though over three years it has declined at a compounded annual rate (CAGR) of 4%. EBITDA fell 8% 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 |
|---|---|---|---|---|---|
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| Revenue from Operations | |||||
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| Total Expenses | |||||
| EBITDA | ₹1.04 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹10.08 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 5.8% | ||||
| Net Profit Margin | 0.6% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Efficiency and Growth | |||||
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| Receivable Days | |||||
| Payable Days | |||||
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To see the full financial statements and ratios of Fortune Foundries Private Limited, buy the company report.
Board of directors of Fortune Foundries Private Limited
Fortune Foundries has 3 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ajit Chandrakant Otavanekar | Managing Director | 12 Oct 2009 | 17 Years 0 Months | Current |
| Suresh Shriniwas Jadhav | Director | 12 Oct 2009 | 17 Years 0 Months | Current |
| Rushikesh Mohan Anawkar | Director | 12 Oct 2009 | 17 Years 0 Months | Current |
Peer comparison
Fortune Foundries Private Limited is compared with the 7 companies closest to it by revenue in the Manufacturing industry (Die Casting), 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 |
|---|---|---|---|---|---|---|
| Ability Technocast Private Limited | ₹18.46 Cr (FY 2025) | 11.0% | Rajkot, Gujarat, India | |||
| Pal Alloy & Steelcasting Private Limited | ₹18.38 Cr (FY 2025) | 33.0% | Nainital, Uttarakhand, India | |||
| Primeseal Precision Cast Private Limited | ₹18.29 Cr (FY 2024) | 24.0% | Gondal, Gujarat, India | |||
| Sreeram Spheroids and Graphites Private Limited | ₹18.18 Cr (FY 2024) | 0.0% | Coimbatore, Tamil Nadu, India | |||
| Fortune Foundries Private Limitedthis company | ₹17.93 Cr (FY 2025) | ₹10.08 Lakh | 0.6% | 6.0% | 35 | Kolhapur, Maharashtra, India |
| S.R.S. Alloys Private Limited | ₹17.89 Cr (FY 2024) | 37.0% | Tumkur, Karnataka, India | |||
| Adhir Technocast Private Limited | ₹17.84 Cr (FY 2025) | 9.0% | Rajkot, Gujarat, India | |||
| Rashtra Udhyog Ltd | ₹17.77 Cr (FY 2025) | 112.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Fortune Foundries Private Limited, buy the company report.
Auditor
Fortune Foundries Private Limited is audited by S. S. KULKARNI for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S. S. KULKARNI | FY 2023 | NA |
Shareholding
The shareholding of Fortune Foundries Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Fortune Foundries Private Limited, buy the company report.
Charges & borrowings
Open charges
₹4.8 Cr
Satisfied charges
₹99.42 Lakh
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 23 Dec 2021 | 100517708 | Others | ₹80 Lakh | Open | |
| 06 Aug 2010 | 10237025 | Others | ₹4 Cr | Open | |
| 19 Jun 2020 | 100343608 | Others | ₹49.42 Lakh | Satisfied | |
| 22 Oct 2018 | 100230429 | Others | ₹50 Lakh | Satisfied |
To see the full charge records of Fortune Foundries Private Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
Fortune Foundries Private Limited has 11 court cases on record: 11 filed against it. 1 case is pending and 10 are disposed.
Total cases
11
Filed against the company
11
Pending
1
Disposed
10
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 10 | 10 | 0 |
| High courts | 1 | 1 | 1 |
Cases on record (5 of 11)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Kolhapur, Maharashtra | Commercial suit | Filed against the company by Ceraflux India Private Ltd Through Anand Ashok Chillal | Disposed |
| District court, Kolhapur, Maharashtra | Court case (Sum.Civ.Suit) | Filed against the company by Thermochem Processes Pvt Ltd Through Authorized Person Anand Ashok Chillal | Disposed |
| High Court, KARNATAKA | Court case (MFA) | Filed against the company by an individual | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (SUMMARY) | Filed against the company by an individual | Disposed |
| District court, Kolhapur, Maharashtra | Court case (Sum.Civ.Suit) | Filed against the company by Saurabh Enterprises A Proprietary Firm Through Radhika Sanjay Salokhe | Disposed |
To see the full case history of Fortune Foundries 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 Fortune Foundries Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Fortune Foundries Private Limited has a workforce of 35 employees on its EPFO records as of Apr 09, 2024, across 1 active EPFO establishment.
Employee count
35
Active EPFO establishments
1
Employee growth
-14.63%
GST
Fortune Foundries has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCF4178N1Z6 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Fortune Foundries Private Limited, buy the company report.
Recent activity
Fortune Foundries Private Limited has 11 board changes on record since 2009: 3 appointments and 8 cessations. The latest: Nilesh Vitthal Kadam ceased to be Additional Director on 30 Sep 2022.
Charges
A charge registered on 19 Jun 2020 via Charge ID 100343608 with Others was fully satisfied on 05 May 2025.
AGM
Fortune Foundries Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Fortune Foundries Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Pune.
Ceased
Nilesh Vitthal Kadam ceased to be Additional Director.
Ceased
Margabandu Saravana Kumar Udayar ceased to be Director.
Charges
A charge with Others amounted to Rs. 0.80 Cr with Charge ID 100517708 was registered on 23 Dec 2021.
Ceased
Sandesh Shankar Kanekar ceased to be Director.
Charges
A charge with Others of Rs. 0.49 Cr registered on 19 Jun 2020 with Charge ID 100343608 was modified on 25 Aug 2020.
Charges
A charge with Others amounted to Rs. 0.49 Cr with Charge ID 100343608 was registered on 19 Jun 2020.
Charges
A charge with Others of Rs. 4.00 Cr registered on 06 Aug 2010 with Charge ID 10237025 was modified on 30 Apr 2020.
Charges
A charge registered on 22 Oct 2018 via Charge ID 100230429 with Others was fully satisfied on 21 Feb 2019.
Charges
A charge with Others amounted to Rs. 0.50 Cr with Charge ID 100230429 was registered on 22 Oct 2018.
10 earlier events are in the company report.
Frequently asked questions
Fortune Foundries is an active private limited company based in Kolhapur, Maharashtra, India. The company works in metal foundry and fabrication services, within the engineering industry. It was incorporated on 12 October 2009 (17+ years old) and is registered under CIN U27310PN2009PTC134787.
Fortune Foundries has 3 current directors:
- Ajit Chandrakant Otavanekar - Managing Director
- Suresh Shriniwas Jadhav - Director
- Rushikesh Mohan Anawkar - Director
The latest financial statements of Fortune Foundries on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Fortune Foundries is 27AABCF4178N1Z6, registered in Maharashtra.
The CIN (Corporate Identification Number) of Fortune Foundries is U27310PN2009PTC134787. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Fortune Foundries has 11 court cases on record: 11 filed against it. 1 is pending. Most are in the district courts.
Fortune Foundries was incorporated on 12 October 2009, making it 17+ years old. It is registered with the Registrar of Companies, Pune.
The peers of Fortune Foundries by revenue are Ability Technocast Private Limited, Pal Alloy & Steelcasting Private Limited, Primeseal Precision Cast Private Limited, Sreeram Spheroids and Graphites Private Limited, S.R.S. Alloys Private Limited and 2 more, all in the Manufacturing industry (Die Casting), with the same principal business activity (metal and metal products).
Nilesh Vitthal Kadam ceased to be Additional Director on 30 Sep 2022. Margabandu Saravana Kumar Udayar ceased to be Director on 17 May 2022. Sandesh Shankar Kanekar ceased to be Director on 20 Jan 2021. Fortune Foundries has 11 board changes on record in total.
Yes, Fortune Foundries is registered as a small enterprise under Udyam registration (number: UDYAM-MH-15-0020559).
Fortune Foundries can be reached through the website fortunefoundries.com. Its registered office is in Kolhapur, Maharashtra, India.