MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-33-0007740
Forward Precision Engineers Pvt Ltd - machinery and equipment in Thane, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹19.07 Cr
▼ 34% YoY
Net profit · FY 2025
₹1.55 Cr
Net margin 8.1%
EBITDA · FY 2025
₹2.23 Cr
EBITDA margin 11.7%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹8.53 Lakh
Issued & subscribed
Open charges
₹5 Cr
Satisfied ₹60.33 Cr
Company age
39 yrs
Est. 1987
Employees · EPFO
53
Provident fund records
About Forward Precision Engineers Pvt Ltd
Data last updated:
Forward Precision Engineers Pvt Ltd is a private limited company based in Thane, Maharashtra, India. It operates in the industrial tools and components segment of the machinery and industrial equipment sector. It was incorporated on 26 October 1987 and has been in existence for over 39 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U25920MH1987PTC045100. Its GSTIN is 27AAACF1051H1Z2 (Maharashtra).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹8.53 Lakh. It is led by directors including Viresh Nyalchand Tolia and Jelly Rajesh Tolia.
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 Plot No. D – 4/1 Road No. 16 Wagle Industrial Estate, Thane, Maharashtra, India – 400604.
As per the financials filed for FY 2025, the company reported a revenue of ₹19.07 Cr, a decline of 34% compared to the previous year. For the same year it recorded a net profit of ₹1.55 Cr (net margin 8.1%) and EBITDA of ₹2.23 Cr (EBITDA margin 11.7%). Revenue has declined at a compounded annual rate (CAGR) of 10% over three years and 1% over five years.
The company has about 53 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹5 Cr and satisfied charges of ₹60.33 Cr on record. Court records list 1 case involving the company, including 1 filed by the company; 1 case is pending.
Forward Precision Engineers Pvt Ltd is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-33-0007740). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website tolia.com.
Company details
CIN U25920MH1987PTC045100
Registration Number 045100
Incorporation Date 26 October 1987
ROC Mumbai
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-33-0007740
CIN history
Forward Precision Engineers has one previous CIN (Corporate Identification Number): U28920MH1987PTC045100. The current CIN is U25920MH1987PTC045100, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U25920MH1987PTC045100 | Current |
| U28920MH1987PTC045100 | Previous |
Recognitions & Rankings of Forward Precision Engineers
Contact details
Forward Precision Engineers Pvt Ltd's registered office is in Thane, Maharashtra.
- Social Media
- Registered AddressPlot No. D – 4/1 Road No. 16 Wagle Industrial Estate, Thane, Maharashtra, India – 400604
- IndustryMachinery and Equipment, Industrial Tools & Components
Comprehensive company report
Forward Precision Engineers Pvt Ltd - 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business activity
The main business activity of Forward Precision Engineers 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 Forward Precision Engineers Pvt Ltd, buy the company report.
Financials of Forward Precision Engineers Pvt Ltd
FY 2024 filings availableForward Precision Engineers Pvt Ltd reported revenue of ₹19.07 Cr (down 34% YoY) for FY 2025.
Revenue · FY 2025
₹19.07 Cr ▼ 34%
Net profit · FY 2025
₹1.55 Cr margin 8.1%
EBITDA · FY 2025
₹2.23 Cr margin 11.7%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 34%
3 years · compounded
▼ 10%
5 years · compounded
▼ 1%
EBITDA CAGR growth
1 year
▲ 16%
3 years · compounded
▲ 88%
5 years · compounded
▲ 33%
Revenue has declined at a compounded annual rate (CAGR) of 1% over five years, including a 34% fall in the latest year. EBITDA rose 16% 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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| EBITDA | ₹2.23 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.55 Cr | ||||
| Balance Sheet | |||||
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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 | 11.7% | ||||
| Net Profit Margin | 8.1% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of Forward Precision Engineers Pvt Ltd, buy the company report.
Board of directors of Forward Precision Engineers Pvt Ltd
Forward Precision Engineers has 6 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Viresh Nyalchand Tolia | Director | 27 Jul 1988 | 38 Years 3 Months | Current |
| Jelly Rajesh Tolia Also directs: Tolia Ball & Roller LLP, Needumbra Industries Private Limited | Director | 02 Dec 1991 | 34 Years 10 Months | Current |
| Manan Viresh Tolia Also directs: Tolia Ball & Roller LLP, Needumbra Industries Private Limited | Director | 01 Sep 2016 | 10 Years 1 Months | Current |
| Dipti Viresh Tolia Also directs: Tolia Ball & Roller LLP, Needumbra Industries Private Limited | Director | 08 Jun 2011 | 15 Years 4 Months | Current |
| Shreni Rajesh Tolia Also directs: Tolia Ball & Roller LLP, Needumbra Industries Private Limited | Director | 15 Oct 2016 | 10 Years 0 Months | Current |
| Rajesh Nyalchand Tolia | Director | 27 Jul 1988 | 38 Years 3 Months | Current |
Peer comparison
Forward Precision Engineers Pvt Ltd is compared with the 4 companies closest to it by revenue in the Machinery and Equipment industry (Tools and Components), 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 |
|---|---|---|---|---|---|---|
| Chemin Springs India Private Limited | ₹19.19 Cr (FY 2024) | 107.0% | Haridwar, Uttarakhand, India | |||
| J.J. Spring Manufacturing Pvt. Ltd. | ₹19.09 Cr (FY 2025) | 14.0% | Howrah, West Bengal, India | |||
| Zenith Precision Private Limited | ₹19.08 Cr (FY 2024) | -38.0% | Bangalore, Karnataka, India | |||
| Forward Precision Engineers Pvt Ltdthis company | ₹19.07 Cr (FY 2025) | ₹1.55 Cr | 8.1% | -34.0% | Thane, Maharashtra, India | |
| Arrow Engineering Industries Private Limited | ₹19.01 Cr (FY 2025) | 29.0% | Hyderabad, Telangana, India |
To see the full peer comparison of Forward Precision Engineers Pvt Ltd, buy the company report.
Charges & borrowings
Open charges
₹5 Cr
Satisfied charges
₹60.33 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 17 Nov 2021 | 100510152 | Hdfc Bank Limited | ₹5 Cr | Satisfied | |
| 18 Mar 2017 | 100089908 | Others | ₹1.75 Cr | Satisfied | |
| 16 Mar 2017 | 100089508 | Others | ₹4.5 Cr | Satisfied | |
| 28 Feb 2017 | 100085679 | Others | ₹3.9 Cr | Satisfied | |
| 12 Sep 2014 | 10523535 | Icici Bank Limited | ₹7.5 Cr | Satisfied |
To see the full charge records of Forward Precision Engineers Pvt Ltd, buy the company report.
Total charge records: 14 View all charges
Legal cases
Forward Precision Engineers Pvt Ltd has 1 court case on record: 1 filed by Forward Precision Engineers. All case is pending.
Total cases
1
Filed by the company
1
Pending
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Thane, Maharashtra | Civil suit | Filed by the company against individuals | Pending |
To see the full case history of Forward Precision Engineers Pvt Ltd, 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 Forward Precision Engineers Pvt Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Forward Precision Engineers has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACF1051H1Z2 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Forward Precision Engineers Pvt Ltd, buy the company report.
Recent activity
Forward Precision Engineers Pvt Ltd has 12 board changes on record since 1988: 6 appointments and 6 cessations. The latest: Shailesh Nyalchand Tolia ceased to be Director on 15 Mar 2025.
Ceased
Shailesh Nyalchand Tolia ceased to be Director.
Charges
A charge registered on 17 Nov 2021 via Charge ID 100510152 with Hdfc Bank Limited was fully satisfied on 10 Mar 2025.
AGM
Forward Precision Engineers Pvt Ltd last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Forward Precision Engineers Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
Charges
A charge with Hdfc Bank Limited of Rs. 500.00 Lakh registered on 17 Nov 2021 with Charge ID 100510152 was modified on 03 Feb 2023.
Ceased
Safaly Shailesh Tolia ceased to be Director.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 500.00 Lakh with Charge ID 100510152 was registered on 17 Nov 2021.
Charges
A charge registered on 18 Mar 2017 via Charge ID 100089908 with Others was fully satisfied on 09 Nov 2021.
Charges
A charge registered on 16 Mar 2017 via Charge ID 100089508 with Others was fully satisfied on 09 Nov 2021.
Charges
A charge registered on 28 Feb 2017 via Charge ID 100085679 with Others was fully satisfied on 09 Nov 2021.
Charges
A charge with Others of Rs. 390.00 Lakh registered on 28 Feb 2017 with Charge ID 100085679 was modified on 09 May 2018.
Ceased
Shreni Rajesh Tolia ceased to be Additional Director.
36 earlier events are in the company report.
Frequently asked questions
Forward Precision Engineers is an active private limited company based in Thane, Maharashtra, India. The company works in industrial tools and components, within the machinery and equipment industry. It was incorporated on 26 October 1987 (39+ years old) and is registered under CIN U25920MH1987PTC045100.
Forward Precision Engineers has 6 current directors:
- Viresh Nyalchand Tolia - Director
- Jelly Rajesh Tolia - Director
- Manan Viresh Tolia - Director
- Dipti Viresh Tolia - Director
- Shreni Rajesh Tolia - Director
- Rajesh Nyalchand Tolia - Director
The latest financial statements of Forward Precision Engineers 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 Forward Precision Engineers is 27AAACF1051H1Z2, registered in Maharashtra.
The CIN (Corporate Identification Number) of Forward Precision Engineers is U25920MH1987PTC045100. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Forward Precision Engineers has 1 court case on record: 1 filed by the company. 1 is pending.
Forward Precision Engineers was incorporated on 26 October 1987, making it 39+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Forward Precision Engineers by revenue are Chemin Springs India Private Limited, J.J. Spring Manufacturing Pvt. Ltd, Zenith Precision Private Limited, Arrow Engineering Industries Private Limited, all in the Machinery and Equipment industry (Tools and Components), with the same principal business activity (metal and metal products).
Shailesh Nyalchand Tolia ceased to be Director on 15 Mar 2025. Safaly Shailesh Tolia ceased to be Director on 07 Dec 2022. Shreni Rajesh Tolia ceased to be Additional Director on 30 Sep 2017. Forward Precision Engineers has 12 board changes on record in total.
Yes, Forward Precision Engineers is registered as a small enterprise under Udyam registration (number: UDYAM-MH-33-0007740).
Forward Precision Engineers can be reached through the website tolia.com. Its registered office is in Thane, Maharashtra, India.