About Indian Foundry Association
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Indian Foundry Association is a private not for profit company based in Kolkata, West Bengal, India. It operates in the metal foundry and fabrication services segment of the engineering sector. It was incorporated on 17 June 1952 and has been in existence for over 74 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U91200WB1952NPL020468. Its GSTIN is 19AAATI0971L1ZD (West Bengal).
It is led by directors including Akash Madhogaria and Omprakash Agarwal.
Its last annual general meeting (AGM) was held on 20 December 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 4 India Exchange Place7Th Floor, Kolkata, West Bengal, India – 700001.
As per the financials filed for FY 2025, the company reported a revenue of ₹2.81 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹2.37 Cr (net margin 84.5%) and EBITDA of ₹2.38 Cr (EBITDA margin 84.9%). Revenue has grown at a compounded annual rate (CAGR) of 110% over three years and 69% over five years.
The company is associated with 1 brand: Indian Foundry Association.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ifa.org.in.
Company details
CIN history
Indian Foundry Association has one previous CIN (Corporate Identification Number): U91200WB1952NIL020468. The current CIN is U91200WB1952NPL020468, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U91200WB1952NPL020468 | Current |
| U91200WB1952NIL020468 | Previous |
Contact details
Indian Foundry Association's registered office is in Kolkata, West Bengal. Its website is ifa.org.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address4 India Exchange Place7Th Floor, Kolkata, West Bengal, India – 700001
- IndustryEngineering, Metal Foundry & Fabrication Services
To see the full contact details of Indian Foundry Association, 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
Brands
Indian Foundry Association operates one associated brand: Indian Foundry Association. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Promotion of foundry and allied industries in India. | ifa.org.in |
Business activity
The main business activity of Indian Foundry Association is other service activities. In detail, this covers activities of membership organizations.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| S | Other service activities | 94 | Activities of membership organizations |
To see the full business activity and turnover split of Indian Foundry Association, buy the company report.
Financials of Indian Foundry Association
FY 2024 filings availableIndian Foundry Association reported revenue of ₹2.81 Cr (up 471% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 69% over five years, including 471% growth 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 | ₹2.38 Cr | ||||
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| Net Profit (PAT) | ₹2.37 Cr | ||||
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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 | 84.9% | ||||
| Net Profit Margin | 84.5% | ||||
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To see the full financial statements and ratios of Indian Foundry Association, buy the company report.
Board of directors of Indian Foundry Association
Indian Foundry Association has 3 current directors and 24 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Akash Madhogaria | Director | 21 Dec 2021 | 4 Years 10 Months | Current |
| Omprakash Agarwal | Director | 12 Oct 2023 | 3 Years 0 Months | Current |
| Ajoy Kumar Madhogaria Also directs: Nsi Metals Private Limited, Nsi Castings Private Limited, Nsi (India) Limited and 3 more | Director | 21 Dec 2021 | 4 Years 10 Months | Current |
Auditor
Indian Foundry Association is audited by SANGHAI & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SANGHAI & CO | FY 2023 | 319079E |
Shareholding
The shareholding of Indian Foundry Association is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions and public shareholders.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public |
To see the full shareholding pattern of Indian Foundry Association, buy the company report.
Legal cases
No court or tribunal cases involving Indian Foundry Association 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 Indian Foundry Association; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Indian Foundry Association has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AAATI0971L1ZD | West Bengal | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Indian Foundry Association, buy the company report.
Recent activity
Indian Foundry Association has 27 board changes on record since 2007: 3 appointments and 24 cessations. The latest: Omprakash Agarwal was appointed as Director on 12 Oct 2023.
18 earlier events are in the company report.
Frequently asked questions
Indian Foundry Association is an active private not for profit company based in Kolkata, West Bengal, India. The company works in metal foundry and fabrication services, within the engineering industry. It was incorporated on 17 June 1952 (74+ years old) and is registered under CIN U91200WB1952NPL020468.
Indian Foundry Association has 3 current directors:
- Akash Madhogaria - Director
- Omprakash Agarwal - Director
- Ajoy Kumar Madhogaria - Director
The latest financial statements of Indian Foundry Association on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 20 December 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Indian Foundry Association is 19AAATI0971L1ZD, registered in West Bengal.
The CIN (Corporate Identification Number) of Indian Foundry Association is U91200WB1952NPL020468. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Indian Foundry Association was incorporated on 17 June 1952, making it 74+ years old. It is registered with the Registrar of Companies, Kolkata.
Omprakash Agarwal was appointed as Director on 12 Oct 2023. Ajoy Kumar Madhogaria ceased to be Additional Director on 19 Sep 2022. Ajoy Kumar Madhogaria was appointed as Director on 21 Dec 2021. Indian Foundry Association has 27 board changes on record in total.
Indian Foundry Association can be reached through the website ifa.org.in. Its registered office is in Kolkata, West Bengal, India.
The registered office of Indian Foundry Association is at 4 India Exchange Place7Th Floor, Kolkata, West Bengal, India – 700001.
Indian Foundry Association operates in the engineering industry, in the metal foundry and fabrication services segment.