About Furnace Engineering Projects Private Limited
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Furnace Engineering Projects Private Limited is a foreign private limited company based in Gurgaon, Haryana, India, a subsidiary of Furnace Engineering Inc.. It operates in the metal foundry and fabrication services segment of the engineering sector. It was incorporated on 14 May 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U74999HR2018FTC074045. Its GSTIN is 06AADCF3983H1ZI (Haryana).
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors including Rhushikesh Chandrakant Savyanavar and Toshiaki Saika.
Its last annual general meeting (AGM) was held on 12 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Plot No 76D Udyog Vihar 4 Sec 18 Gurgaon, Haryana, India – 122001.
As per the financials filed for FY 2025, the company reported a revenue of ₹42.65 Cr, a growth of 141% compared to the previous year. For the same year it recorded a net profit of ₹7.11 Lakh (net margin 0.2%) and EBITDA of ₹26.18 Lakh (EBITDA margin 0.6%). Revenue has grown at a compounded annual rate (CAGR) of 51% over three years and 36% over five years.
For more details, the company can be reached via its website furnace-eng.co.jp.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressPlot No 76D Udyog Vihar 4 Sec 18 Gurgaon, Haryana, India – 122001
- IndustryEngineering, Metal Foundry & Fabrication Services
- 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 Furnace Engineering Projects Private Limited
The main business activity of Furnace Engineering Projects is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport 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.
Auditor Details of Furnace Engineering Projects Private Limited
Furnace Engineering Projects Private Limited is audited by G K CHORAGE & COMPANY for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| G K CHORAGE & COMPANY | 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 Furnace Engineering Projects Private Limited
Furnace Engineering Projects has 4 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rhushikesh Chandrakant Savyanavar | Director | 05 Mar 2020 | 6 Years 7 Months | Current |
| Toshiaki Saika | Director | 07 Oct 2021 | 5 Years 0 Months | Current |
| Akira Ogasawara | Additional Director | 28 Feb 2025 | 1 Years 7 Months | Current |
| Nitin Natvarlal Limbachiya | Additional Director | 22 Sep 2025 | 1 Years 0 Months | Current |
Financials of Furnace Engineering Projects Private Limited FY 2025 filings available
Furnace Engineering Projects Private Limited reported revenue of ₹42.65 Cr (up 141% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Furnace Engineering Projects Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 36% over five years, including 141% growth in the latest year. EBITDA rose 6% 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 Furnace Engineering Projects Private 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 | ₹26.18 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹7.11 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 of Furnace Engineering Projects Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 0.6% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 0.2% | •••• | •••• | •••• | •••• |
| 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 Furnace Engineering Projects are in the company report.
Financial statements from FY 2019
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.
Ownership and Shareholding of Furnace Engineering Projects Private 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 Furnace Engineering Projects Private Limited
Furnace Engineering Projects Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Furnace Engineering Projects Private Limited
Employment history and EPFO contributions of people linked to Furnace Engineering Projects.
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.
GST Compliance of Furnace Engineering Projects Private Limited
Furnace Engineering Projects has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 06AADCF3983H1ZI | Haryana | Active | 09 Aug 2018 |
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.
Credit Ratings, Litigation & Regulatory Alerts for Furnace Engineering Projects Private 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.
MSME Payment Delays by Furnace Engineering Projects Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Furnace Engineering Projects Private 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.
MCA Filings & Documents of Furnace Engineering Projects Private 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.
Recent Activity on Furnace Engineering Projects Private Limited
Frequently Asked Questions about Furnace Engineering Projects Private Limited
Furnace Engineering Projects is an active foreign private limited company based in Gurgaon, Haryana, India. The company works in metal foundry and fabrication services, within the engineering industry. It was incorporated on 14 May 2018 (8+ years old) and is registered under CIN U74999HR2018FTC074045.
Furnace Engineering Projects reported revenue of ₹42.65 Cr for FY 2025 (up 141% YoY).
Furnace Engineering Projects has 4 current directors:
- Rhushikesh Chandrakant Savyanavar - Director
- Toshiaki Saika - Director
- Akira Ogasawara - Additional Director
- Nitin Natvarlal Limbachiya - Additional Director
Furnace Engineering Projects reported a net profit of ₹7.11 Lakh (net margin 0.2%) and EBITDA of ₹26.18 Lakh (EBITDA margin 0.6%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Furnace Engineering Projects is 51% over three years and 36% over five years. In the latest year (FY 2025) revenue rose 141%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Furnace Engineering Projects is 06AADCF3983H1ZI, registered in Haryana.
The CIN (Corporate Identification Number) of Furnace Engineering Projects is U74999HR2018FTC074045. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Furnace Engineering Projects was incorporated on 14 May 2018, making it 8+ years old. It is registered with the Registrar of Companies, Delhi.
Furnace Engineering Projects can be reached through the website furnace-eng.co.jp. Its registered office is in Gurgaon, Haryana, India.