MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-19-0023539
Forxar Industries Private Limited - manufacturing in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹18.59 Cr
▲ 10% YoY
Net profit · FY 2025
₹14.78 Lakh
Net margin 0.8%
EBITDA · FY 2025
₹1.03 Cr
EBITDA margin 5.5%
Authorised capital
₹1 Cr
Registered with MCA
Paid-up capital
₹1 Cr
Issued & subscribed
Open charges
₹8.41 Lakh
Secured borrowings
Company age
9 yrs
Est. 2017
Employees · EPFO
56
Provident fund records
About Forxar Industries Private Limited
Data last updated:
Forxar Industries Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the pipe and tubes segment of the manufacturing sector. It was incorporated on 11 December 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U27300MH2017PTC302694. Its GSTIN is 27AADCF2779D1ZM (Maharashtra).
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹1 Cr. It is led by directors including Naresh Mafatlal Mehta and Jaisal Naresh Mehta.
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 A – 901 Floor – 9th Plat – Cs 1040 Girgaon Sanghvi Galaxy Khetwadi 10th Lane, Mumbai, Maharashtra, India – 400004.
As per the financials filed for FY 2025, the company reported a revenue of ₹18.59 Cr, a growth of 10% compared to the previous year. For the same year it recorded a net profit of ₹14.78 Lakh (net margin 0.8%) and EBITDA of ₹1.03 Cr (EBITDA margin 5.5%). Revenue has grown at a compounded annual rate (CAGR) of 12% over three years and 11% over five years.
The company has about 56 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Forxar Industries. As per MCA filings, the company has open charges of ₹8.41 Lakh on record.
Forxar Industries Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0023539). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website forxarind.com.
Company details
CIN U27300MH2017PTC302694
Registration Number 302694
Incorporation Date 11 December 2017
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-MH-19-0023539
Key People
Naresh Mafatlal Mehta Director Jaisal Naresh Mehta Director Mukesh Mafatlal Mehta Director Recognitions & Rankings of Forxar Industries
Contact details
Forxar Industries Private Limited's registered office is in Mumbai, Maharashtra. Its website is forxarind.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressA – 901 Floor – 9th Plat – Cs 1040 Girgaon Sanghvi Galaxy Khetwadi 10th Lane, Mumbai, Maharashtra, India – 400004
- IndustryManufacturing, Pipe & Tubes, Fittings & Components
To see the full contact details of Forxar Industries Private Limited, buy the company report.
Comprehensive company report
Forxar Industries 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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Brands
Forxar Industries operates one associated brand: Forxar Industries. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Valve manufacturing, piping solutions, and industrial supplies in India. | forxarind.com |
Business activity
The main business activities of Forxar Industries are manufacturing and professional, scientific and technical. In detail, this covers metal and metal products and other professional, scientific and technical activities. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products | |
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities |
To see the full business activity and turnover split of Forxar Industries Private Limited, buy the company report.
Financials of Forxar Industries Private Limited
FY 2025 filings availableForxar Industries Private Limited reported revenue of ₹18.59 Cr (up 10% YoY) for FY 2025.
Revenue · FY 2025
₹18.59 Cr ▲ 10%
Net profit · FY 2025
₹14.78 Lakh margin 0.8%
EBITDA · FY 2025
₹1.03 Cr margin 5.5%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 10%
3 years · compounded
▲ 12%
5 years · compounded
▲ 11%
EBITDA CAGR growth
1 year
▲ 1%
3 years · compounded
▼ 5%
5 years · compounded
▲ 11%
Revenue has grown at a compounded annual rate (CAGR) of 11% over five years, including 10% growth in the latest year. EBITDA rose 1% 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹18.59 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹1.03 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹14.78 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 5.5% | ||||
| Net Profit Margin | 0.8% | ||||
| 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 Forxar Industries Private Limited, buy the company report.
Board of directors of Forxar Industries Private Limited
Forxar Industries has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Naresh Mafatlal Mehta Also directs: Flovel Valves Private Limited | Director | 11 Dec 2017 | 8 Years 10 Months | Current |
| Jaisal Naresh Mehta | Director | 11 Dec 2017 | 8 Years 10 Months | Current |
| Mukesh Mafatlal Mehta Also directs: Flovel Valves Private Limited, M Metal-Tubes India Private Limited | Director | 07 Mar 2019 | 7 Years 8 Months | Current |
Peer comparison
Forxar Industries Private Limited is compared with the 3 companies closest to it by revenue in the Machinery and Equipment industry (Control Valves, Fittings, Pipes), 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 |
|---|---|---|---|---|---|---|
| Uttranchal Metals Private Limited | ₹18.61 Cr (FY 2025) | 19.0% | Delhi, India | |||
| Forxar Industries Private Limitedthis company | ₹18.59 Cr (FY 2025) | ₹14.78 Lakh | 0.8% | 10.0% | 56 | Mumbai, Maharashtra, India |
| Leela Tubes Private Limited | ₹18.53 Cr (FY 2025) | -12.0% | Mumbai, Maharashtra, India | |||
| Cavier Bath Fittings Limited | ₹18.46 Cr (FY 2025) | 0.0% | Jamnagar, Gujarat, India |
To see the full peer comparison of Forxar Industries Private Limited, buy the company report.
Auditor
Forxar Industries Private Limited is audited by MOXIT AND ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MOXIT AND ASSOCIATES | FY 2023 | 138043W |
Shareholding
The shareholding of Forxar Industries 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 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Forxar Industries Private Limited, buy the company report.
Charges & borrowings
Open charges
₹8.41 Lakh
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 11 Feb 2026 | 101245662 | The South Indian Bank Limited | ₹1.66 Lakh | Open | |
| 14 Oct 2025 | 101178280 | The South Indian Bank Limited | ₹1.74 Lakh | Open | |
| 06 Feb 2025 | 101055857 | The South Indian Bank Limited | ₹2.4 Lakh | Open | |
| 06 Jan 2025 | 101038565 | The South Indian Bank Limited | ₹30,403 | Open | |
| 26 Nov 2024 | 101020752 | The South Indian Bank Limited | ₹1,519 | Open |
Total charge records: 8 View all charges
Legal cases
No court or tribunal cases involving Forxar Industries Private 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
Forxar Industries Private Limited has 9 MSME Form 1 returns on record between 2019 and 2024, listing 535 overdue payments to 42 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 42)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier | |||
| Kut Tech Technology | |||
| an individual supplier |
To see the full MSME payment records of Forxar Industries Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Forxar Industries has 1 associated company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
1
Associated companies
Employees & EPFO
Forxar Industries Private Limited has a workforce of 56 employees on its EPFO records as of Mar 29, 2024, across 1 active EPFO establishment.
Employee count
56
Active EPFO establishments
1
Employee growth
3.7%
GST
Forxar Industries has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AADCF2779D1ZM | Maharashtra | Active | 08 Jan 2018 |
To see the full GST registrations and return filing status of Forxar Industries Private Limited, buy the company report.
Recent activity
Forxar Industries Private Limited has 4 board changes on record since 2017: 3 appointments and 1 cessation. The latest: Mukesh Mafatlal Mehta ceased to be Additional Director on 30 Sep 2019.
Charges
A charge with The South Indian Bank Limited amounted to Rs. 0.02 Cr with Charge ID 101245662 was registered on 11 Feb 2026.
Charges
A charge with The South Indian Bank Limited amounted to Rs. 0.02 Cr with Charge ID 101178280 was registered on 14 Oct 2025.
AGM
Forxar Industries Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Forxar Industries Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai I.
Charges
A charge with The South Indian Bank Limited amounted to Rs. 0.02 Cr with Charge ID 101055857 was registered on 06 Feb 2025.
Charges
A charge with The South Indian Bank Limited amounted to Rs. 0.00 Cr with Charge ID 101038565 was registered on 06 Jan 2025.
Charges
A charge with The South Indian Bank Limited amounted to Rs. 0.00 Cr with Charge ID 101020752 was registered on 26 Nov 2024.
Charges
A charge with The South Indian Bank Limited amounted to Rs. 0.01 Cr with Charge ID 100842701 was registered on 30 Nov 2023.
Charges
A charge with The South Indian Bank Limited amounted to Rs. 0.01 Cr with Charge ID 100842707 was registered on 30 Nov 2023.
Charges
A charge with The South Indian Bank Limited amounted to Rs. 0.01 Cr with Charge ID 100626050 was registered on 17 Oct 2022.
Ceased
Mukesh Mafatlal Mehta ceased to be Additional Director.
Appointed
Mukesh Mafatlal Mehta was appointed as Director.
3 earlier events are in the company report.
Frequently asked questions
Forxar Industries is an active private limited company based in Mumbai, Maharashtra, India. The company works in pipe and tubes, within the manufacturing industry. It was incorporated on 11 December 2017 (9+ years old) and is registered under CIN U27300MH2017PTC302694.
Forxar Industries has 3 current directors:
- Naresh Mafatlal Mehta - Director
- Jaisal Naresh Mehta - Director
- Mukesh Mafatlal Mehta - Director
The latest financial statements of Forxar Industries on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2018 are in the company report.
The GSTIN of Forxar Industries is 27AADCF2779D1ZM, registered in Maharashtra.
The CIN (Corporate Identification Number) of Forxar Industries is U27300MH2017PTC302694. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Forxar Industries was incorporated on 11 December 2017, making it 9+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Forxar Industries by revenue are Uttranchal Metals Private Limited, Leela Tubes Private Limited, Cavier Bath Fittings Limited, all in the Machinery and Equipment industry (Control Valves, Fittings, Pipes), with the same principal business activity (metal and metal products).
Mukesh Mafatlal Mehta ceased to be Additional Director on 30 Sep 2019. Mukesh Mafatlal Mehta was appointed as Director on 07 Mar 2019. Jaisal Naresh Mehta was appointed as Director on 11 Dec 2017. Forxar Industries has 4 board changes on record in total.
Yes, Forxar Industries is registered as a small enterprise under Udyam registration (number: UDYAM-MH-19-0023539).
Forxar Industries has 9 MSME Form 1 returns on record between 2019 and 2024, listing 535 overdue payments to 42 micro and small suppliers. The latest return was filed on 23 Apr 2024.
Forxar Industries can be reached through the website forxarind.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Forxar Industries is at A – 901 Floor – 9th Plat – Cs 1040 Girgaon Sanghvi Galaxy Khetwadi 10th Lane, Mumbai, Maharashtra, India – 400004.
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