About Howrah Forgings Ltd
Data last updated:
Howrah Forgings Ltd is a public limited company based in Kolkata, West Bengal, India. It operates in the industrial tools and components segment of the machinery and industrial equipment sector. It was incorporated on 07 January 1983 and has been in existence for over 43 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U27310WB1983PLC035651. Its GSTIN is 19AAACH6139E3ZM (West Bengal). The company holds 3 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹45.9 Lakh. It was formerly known as Vinay Forgings Ltd. It is led by directors including Priti Jhunjhunwala (Whole-Time Director) and Rajesh Agarwal.
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 18 R N Mukherjee Rd4Th Floor, Kolkata, West Bengal, India – 700001.
As per the financials filed for FY 2024, the company reported a revenue of ₹46.7 Cr, a growth of 27% compared to the previous year. For the same year it recorded a net profit of ₹9.28 Cr (net margin 19.9%) and EBITDA of ₹14.22 Cr (EBITDA margin 30.5%). Revenue has grown at a compounded annual rate (CAGR) of 16% over three years and 8% over five years.
The company has about 33 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Howrah Forgings. As per MCA filings, the company has open charges of ₹21.5 Cr and satisfied charges of ₹10.95 Cr on record. Court records list 13 cases involving the company, including 12 filed by the company and 1 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website howrahforgings.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered Address18 R N Mukherjee Rd4Th Floor, Kolkata, West Bengal, India – 700001
- IndustryMachinery and Equipment, Industrial Tools & Components
- 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 Howrah Forgings Ltd
The main business activity of Howrah Forgings is manufacturing. In detail, this covers metal and metal products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products | 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.
Financials of Howrah Forgings Ltd FY 2025 filings available
Howrah Forgings Ltd reported revenue of ₹46.7 Cr (up 27% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Howrah Forgings Ltd
Revenue has grown at a compounded annual rate (CAGR) of 8% over five years, including 27% growth in the latest year. EBITDA rose 61% 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 Howrah Forgings Ltd
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | ₹14.22 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹9.28 Cr | •••• | •••• | •••• | •••• |
| 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 Howrah Forgings Ltd
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 30.5% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 19.9% | •••• | •••• | •••• | •••• |
| 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 Howrah Forgings are in the company report.
Financial statements from 2015
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.
Peer Comparison of Howrah Forgings Ltd
Howrah Forgings Ltd is compared with the companies closest to it by revenue in the Transport and Logistics industry (Railway Equipment and Products). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| MV Electrosystems Limited | ₹50.54 Cr (FY 2024) | •••• | •••• | -26.0% | •••• | Faridabad, Haryana, India |
| Abok Spring Private Limited | ₹50.45 Cr (FY 2025) | •••• | •••• | 17.0% | •••• | Jaipur, Rajasthan, India |
| G.B. Equipment Systems Limited | ₹49.56 Cr (FY 2025) | •••• | •••• | 26.0% | •••• | New Delhi, Delhi, India |
| Prag Rubber Industries Private Limited | ₹48.06 Cr (FY 2025) | •••• | •••• | 1.0% | •••• | Lucknow, Uttar Pradesh, India |
| Gajanand Udyog Pvt Ltd | ₹47.83 Cr (FY 2025) | •••• | •••• | -4.0% | •••• | Kolkata, West Bengal, India |
| Howrah Forgings Ltd this company | ₹46.7 Cr (FY 2024) | •••• | •••• | 27.0% | •••• | Kolkata, West Bengal, India |
| Lakshmi Prestress Concrete Works Pvt Ltd | ₹46.6 Cr (FY 2024) | •••• | •••• | 81.0% | •••• | Hasanparthy, Telangana, India |
| Shimna Engineering Pvt. Ltd. | ₹46.29 Cr (FY 2025) | •••• | •••• | 81.0% | •••• | Kolkata, West Bengal, India |
| Railtrack Concrete Products Private Limited | ₹44.94 Cr (FY 2025) | •••• | •••• | 6.0% | •••• | Kolkata, West Bengal, India |
| Kaptronics Private Limited | ₹44.69 Cr (FY 2025) | •••• | •••• | 158.0% | •••• | Bangalore, Karnataka, India |
| Raghavendra Rail Infrastructure Private Limited | ₹44.58 Cr (FY 2024) | •••• | •••• | -13.0% | •••• | Pune, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Howrah Forgings by revenue in the Transport and Logistics industry (Railway Equipment and Products), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Howrah Forgings Ltd
Howrah Forgings Ltd is audited by S K AGRAWAL AND CO CHARTERED ACCOUNTANTS LLP for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| S K AGRAWAL AND CO CHARTERED ACCOUNTANTS LLP | 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 Howrah Forgings Ltd
Howrah Forgings has 4 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rajesh Agarwal Also directs: Rpa Berla Ispat LLP | Director | 28 Jun 2013 | 13 Years 3 Months | Current |
| Jyoti Gupta | Director | 24 Oct 2011 | 14 Years 11 Months | Current |
| Bhagwan Das Agarwal | Director | 07 Jan 1983 | 43 Years 9 Months | Current |
| Priti Jhunjhunwala Also directs: Calcutta Bogie LLP, Howrah Ferrous Ltd, Calcutta Export Casting Private Limited and 5 more | Whole-Time Director | 29 Sep 2018 | 8 Years 0 Months | Current |
Ownership and Shareholding of Howrah Forgings Ltd
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 Howrah Forgings Ltd
| Date | Lender | Amount | Status |
|---|---|---|---|
| 05 Jun 2025 | Others | ₹15.5 Cr | Open |
| 01 Apr 2025 | Others | ₹6 Cr | Open |
| 18 Aug 2015 | Punjab National Bank | ₹4.9 Cr | Satisfied |
| 17 Mar 2008 | Punjab National Bank | ₹6.05 Cr | Satisfied |
Total charge records: 4 View all charges
Legal Cases of Howrah Forgings Ltd
Howrah Forgings Ltd has 13 court cases on record: 12 filed by Howrah Forgings, 1 filed against it. 1 case is pending and 12 are disposed. Status as checked between 21 Sep 2026 and 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 12 | 0 | 1 |
| District courts | 1 | 1 | 0 |
Cases on record (5 of 13)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Calcutta High Court | Court case (CS-COM) | Filed by the company against Bainite Machines Private Limited | Pending |
| Calcutta High Court | Writ petition | Filed by the company against Union of India | Disposed |
| Calcutta High Court | Writ petition | Filed by the company against Union of India & Ors | Disposed |
| Calcutta High Court | Writ petition | Filed by the company against State of West Bengal & Ors | Disposed |
| Calcutta High Court | Writ petition | Filed by the company against State of West Bengal & Ors | Disposed |
Full case history
All 13 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Associated Brands with Howrah Forgings Ltd
Howrah Forgings operates one associated brand: Howrah Forgings. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturing of railway engineering solutions through various divisions. | howrahforgings.com |
Employees and EPFO Compliance at Howrah Forgings Ltd
Howrah Forgings Ltd has a workforce of 33 employees as of Apr 09, 2024.
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.
Group Structure of Howrah Forgings Ltd
Howrah Forgings has 1 associated company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
CIN History of Howrah Forgings Ltd
Howrah Forgings has one previous CIN (Corporate Identification Number): L27310WB1983PLC035651. The current CIN is U27310WB1983PLC035651, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U27310WB1983PLC035651 | Current |
| L27310WB1983PLC035651 | Previous |
Recent Activity on Howrah Forgings Ltd
Howrah Forgings Ltd has 8 board changes on record since 1983: 4 appointments and 4 cessations. The latest: Priti Jhunjhunwala ceased to be Director on 30 Sep 2024.
7 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Howrah Forgings Ltd
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 Howrah Forgings Ltd
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 Howrah Forgings Ltd
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.
GST Compliance of Howrah Forgings Ltd
Howrah Forgings has 3 GST registrations: 1 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AAACH6139E3ZM | West Bengal | Active | 24 Jul 2017 |
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.
MCA Filings & Documents of Howrah Forgings Ltd
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.
Frequently Asked Questions about Howrah Forgings Ltd
Howrah Forgings is an active public limited company based in Kolkata, West Bengal, India. The company works in industrial tools and components, within the machinery and equipment industry. It was incorporated on 07 January 1983 (43+ years old) and is registered under CIN U27310WB1983PLC035651.
Howrah Forgings reported revenue of ₹46.7 Cr for FY 2024 (up 27% YoY).
Howrah Forgings has 4 current directors:
- Priti Jhunjhunwala - Whole-Time Director
- Rajesh Agarwal - Director
- Jyoti Gupta - Director
- Bhagwan Das Agarwal - Director
Howrah Forgings reported a net profit of ₹9.28 Cr (net margin 19.9%) and EBITDA of ₹14.22 Cr (EBITDA margin 30.5%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Howrah Forgings is 16% over three years and 8% over five years. In the latest year (FY 2024) revenue rose 27%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Howrah Forgings is 19AAACH6139E3ZM, registered in West Bengal. The company has 3 GST registrations in all, of which 1 is active and 2 are cancelled or inactive.
The CIN (Corporate Identification Number) of Howrah Forgings is U27310WB1983PLC035651. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Howrah Forgings has 13 court cases on record: 12 filed by the company and 1 filed against it. 1 is pending. Most are in the high courts.
Howrah Forgings was incorporated on 07 January 1983, making it 43+ years old. It is registered with the Registrar of Companies, Kolkata.
The peers of Howrah Forgings by revenue are MV Electrosystems Limited, Abok Spring Private Limited, G.B. Equipment Systems Limited, Prag Rubber Industries Private Limited, Gajanand Udyog Pvt Ltd and 5 more, all in the Transport and Logistics industry (Railway Equipment and Products).
Priti Jhunjhunwala ceased to be Director on 30 Sep 2024. Priti Jhunjhunwala was appointed as Whole-Time Director on 29 Sep 2018. Bhagwan Das Agarwal ceased to be Director on 01 Nov 2014. Howrah Forgings has 8 board changes on record in total.