Forward Technologies Limited
About Forward Technologies Limited
Data last updated:
Forward Technologies Limited was a public limited company based in Bangalore, Karnataka, India. The company has been converted to a Limited Liability Partnership (LLP) and no longer exists as a company. For the latest details, refer to the successor LLP. It operated in the electronic segment of the electronics sector. It was incorporated on 01 March 1995.
The company was registered with the Registrar of Companies (ROC), Bangalore, under CIN U85110KA1995PLC017315. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹25 Lakh and a paid-up capital of ₹5 Lakh.
Its last annual general meeting (AGM) was held on 30 September 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office was at #212 Barton Mg Road Barton Centre Bangalore., Karnataka, India – 560001.
As per the financials filed for FY 2017, the company reported a revenue of ₹14.36 Lakh, a decline of 23% compared to the previous year. For the same year it recorded a net profit of ₹1.97 Lakh (net margin 13.7%) and EBITDA of ₹6.03 Lakh (EBITDA margin 42%).
As per MCA filings, the company has open charges of ₹27 Lakh on record.
Company details
CIN history
Forward Technologies has one previous CIN (Corporate Identification Number): U28110KA1995PLC017315. The current CIN is U85110KA1995PLC017315, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U85110KA1995PLC017315 | Current |
| U28110KA1995PLC017315 | Previous |
Contact details
Forward Technologies Limited's registered office is in Bangalore, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address#212 Barton Mg Road Barton Centre Bangalore., Karnataka, India – 560001
- IndustryElectrnoics, Electronic, Computer, Communication, Scientific Measuring Equipment
To see the full contact details of Forward Technologies Limited, buy the company report.
- 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
Business activity
The main business activity of Forward Technologies is manufacturing. In detail, this covers computer, electronic, communication and scientific measuring & control equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C9 | Computer, electronic, Communication and scientific measuring & control equipment |
To see the full business activity and turnover split of Forward Technologies Limited, buy the company report.
Financials of Forward Technologies Limited
FY 2017 filings availableForward Technologies Limited reported revenue of ₹14.36 Lakh (down 23% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue fell 23% in the latest year. EBITDA rose 3% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | |||
| Other Income | |||
| Total Revenue | ₹14.36 Lakh | ||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | ₹6.03 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | ₹1.97 Lakh | ||
| 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
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 42% | ||
| Net Profit Margin | 13.7% | ||
| 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 | |||
To see the full financial statements and ratios of Forward Technologies Limited, buy the company report.
Board of directors of Forward Technologies Limited
Forward Technologies has 3 former directors on record and no current directors listed.
Peer comparison
Forward Technologies Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (computer, electronic, communication and scientific measuring & control equipment), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Enxum Digital Security Private Limited | ₹14.54 Lakh (FY 2025) | 116.0% | Noida, Uttar Pradesh, India | |||
| Adair Dutt Instruments Pvt Ltd | ₹14.52 Lakh (FY 2025) | -78.0% | Kolkata, West Bengal, India | |||
| Innovhub Systems Private Limited | ₹14.47 Lakh (FY 2024) | -34.0% | Karad, Maharashtra, India | |||
| Infence Technologies Private Limited | ₹14.38 Lakh (FY 2024) | -83.0% | Coimbatore, Tamil Nadu, India | |||
| Iot Monks Private Limited | ₹14.36 Lakh (FY 2024) | 69.0% | Bangalore, Karnataka, India | |||
| Forward Technologies Limitedthis company | ₹14.36 Lakh (FY 2017) | ₹1.97 Lakh | 13.7% | -23.0% | Bangalore, Karnataka, India | |
| Khoustubh Enterprises Private Limited | ₹14.3 Lakh (FY 2022) | 2637.0% | New Delhi, Delhi, India | |||
| Amaze Jewels Private Limited | ₹14.21 Lakh (FY 2025) | -59.0% | Meerut, Uttar Pradesh, India | |||
| Pambac Technology Private Limited | ₹14.18 Lakh (FY 2023) | Mumbai, Maharashtra, India | ||||
| Arvind Micro Electronics Pvt Ltd | ₹14.05 Lakh (FY 2025) | -28.0% | Telangana, India | |||
| Nlive Electronics India Private Limited | ₹13.99 Lakh (FY 2020) | -75.0% | Chennai, Tamil Nadu, India |
To see the full peer comparison of Forward Technologies Limited, buy the company report.
Auditor
Forward Technologies Limited is audited by RAO ASSOCIATES for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RAO ASSOCIATES | FY 2017 | 003080S |
Shareholding
The shareholding of Forward Technologies Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Forward Technologies Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 Feb 2018 | 100163355 | Uco Bank | ₹27 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Forward Technologies 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 Forward Technologies Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Forward Technologies has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Forward Technologies Limited, buy the company report.
Recent activity
Forward Technologies Limited has 3 board changes on record since 2018: 0 appointments and 3 cessations. The latest: Nikhil Kantilal Rajyaguru ceased to be Director on 08 Apr 2018.
Frequently asked questions
Forward Technologies has been "Converted to LLP" - the business changed its legal structure from a company to a Limited Liability Partnership. The original company no longer exists in its previous form. For the latest information, refer to the successor LLP entity registered with MCA.
Forward Technologies was a public limited company based in Bangalore, Karnataka, India. The company worked in electronic, within the electronics industry. It was incorporated on 01 March 1995 and is registered under CIN U85110KA1995PLC017315. For the latest details, refer to the successor LLP entity.
The CIN (Corporate Identification Number) of Forward Technologies is U85110KA1995PLC017315. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Forward Technologies was incorporated on 01 March 1995. It is registered with the Registrar of Companies, Bangalore.
The registered office of Forward Technologies is at #212 Barton Mg Road Barton Centre Bangalore., Karnataka, India – 560001.
The latest financial statements of Forward Technologies on record with the MCA are for the year ended 31 March 2017. Its last annual general meeting was held on 30 September 2017. Year-wise statements from 2015 are in the company report.
No. Forward Technologies has 1 GST registration on record and it is cancelled or inactive.
Forward Technologies operated in the electronics industry, in the electronic segment.
The peers of Forward Technologies by revenue are Enxum Digital Security Private Limited, Adair Dutt Instruments Pvt Ltd, Innovhub Systems Private Limited, Infence Technologies Private Limited, Iot Monks Private Limited and 5 more, all in the same principal business activity (computer, electronic, communication and scientific measuring & control equipment).
Nikhil Kantilal Rajyaguru ceased to be Director on 08 Apr 2018. Nikhil Manubhai Sthankiya ceased to be Director on 08 Apr 2018. Rajesh Rameshkumar Joshi ceased to be Director on 08 Apr 2018.
Forward Technologies has open charges of ₹27 Lakh and no satisfied charges on record as per latest MCA filings.
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