About Kems Forgings Limited
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Kems Forgings Limited is a public limited company based in Bangalore, Karnataka, India. It operates in the industrial tools and components segment of the machinery and industrial equipment sector. It was incorporated on 20 July 1970 and has been in existence for over 56 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U85110KA1970PLC001918. Its GSTIN is 29AABCS8846C1Z5 (Karnataka). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹4.5 Cr and a paid-up capital of ₹2.28 Cr. It was formerly known as Kems Forging Limited and Shree Lakshmi Industrial Forge and Engineers Private Limited. It is led by directors including Manish Gandhi (Managing Director) and Surendra Kumar Gandhi (Whole-Time Director).
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Gandhi Tower No. 96 2nd Floor Railway Parallel Road Kumara Park West, Bangalore, Karnataka, India – 560020.
As per the financials filed for FY 2025, the company reported a revenue of ₹391.02 Cr, a decline of 2% compared to the previous year. For the same year it recorded a net profit of ₹13.46 Cr (net margin 3.4%) and EBITDA of ₹35.91 Cr (EBITDA margin 9.2%). Revenue has grown at a compounded annual rate (CAGR) of 10% over three years and 12% over five years.
The company has about 276 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: KEMS Forging. As per MCA filings, the company has open charges of ₹267.01 Cr and satisfied charges of ₹138.17 Cr on record. Court records list 21 cases involving the company, including 7 filed by the company and 14 filed against it; 4 cases are pending. The company has 4 deals on record (3 secondary share transfers, 1 rights issue); the latest was in August 2022.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website kemsltd.com.
Company details
Name history
Kems Forgings has undergone 3 name changes throughout its history. The company was previously known as Kems Forging Limited, Shree Lakshmi Industrial Forge And Engineers Private Limited, and Shree Lakshmi Industrial Forge And Engineers Limited. The current legal name is Kems Forgings Limited.
| Company Name | Status |
|---|---|
| Kems Forgings Limited | Current |
| Kems Forging Limited | Previous |
| Shree Lakshmi Industrial Forge And Engineers Private Limited | Previous |
| Shree Lakshmi Industrial Forge And Engineers Limited | Previous |
CIN history
Kems Forgings has one previous CIN (Corporate Identification Number): U29212KA1970PLC001918. The current CIN is U85110KA1970PLC001918, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U85110KA1970PLC001918 | Current |
| U29212KA1970PLC001918 | Previous |
Contact details
Kems Forgings Limited's registered office is in Bangalore, Karnataka. Its website is kemsltd.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressGandhi Tower No. 96 2nd Floor Railway Parallel Road Kumara Park West, Bangalore, Karnataka, India – 560020
- IndustryMachinery and Equipment, Industrial Tools & Components
To see the full contact details of Kems Forgings 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
Brands
Kems Forgings operates one associated brand: KEMS Forging. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufactures high-quality forging and machining components for industrial applications. | kemsltd.com |
Business activity
The main business activity of Kems Forgings is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment |
To see the full business activity and turnover split of Kems Forgings Limited, buy the company report.
Financials of Kems Forgings Limited
FY 2024 filings availableKems Forgings Limited reported revenue of ₹391.02 Cr (down 2% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 2% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 12%. EBITDA rose 9% 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 | ₹35.91 Cr | ||||
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| Net Profit (PAT) | ₹13.46 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 | 9.2% | ||||
| Net Profit Margin | 3.4% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
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To see the full financial statements and ratios of Kems Forgings Limited, buy the company report.
Board of directors of Kems Forgings Limited
Kems Forgings has 7 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mavahalli Manjunatha Vasanthaiah | Director | 23 Aug 2019 | 7 Years 2 Months | Current |
| Makam Kumar Ashok | Director | 27 Dec 2017 | 8 Years 10 Months | Current |
| Anup Kumar Bhat Also directs: Kems Auto Components Limited, Bsa Corporation Limited | Director | 01 Jun 2020 | 6 Years 5 Months | Current |
| Manish Gandhi Also directs: Kems Auto Components Limited, Sree Parshwa Labdhi Developers Private Limited, NCB Forgings Private Limited and 2 more | Managing Director | 17 Oct 1996 | 30 Years 0 Months | Current |
| Deepak Gandhi Also directs: Kems Auto Components Limited, Sree Parshwa Labdhi Developers Private Limited, NCB Forgings Private Limited and 1 more | Director | 17 Oct 1996 | 30 Years 0 Months | Current |
| Kushal Kumar Gandhi Also directs: Karve Metals Private Limited, Kems Auto Components Limited, Sree Parshwa Labdhi Developers Private Limited and 3 more | Director | 17 Oct 1996 | 30 Years 0 Months | Current |
Auditor
Kems Forgings Limited is audited by HSSP & Co for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| HSSP & Co | FY 2023 | 018692S |
Shareholding
The shareholding of Kems Forgings 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 2021 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Kems Forgings Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 09 May 2025 | 101107801 | Citi Bank N.A. | ₹8 Cr | Open | |
| 15 Mar 2025 | 101075080 | Others | ₹16 Cr | Open | |
| 05 Feb 2025 | 101053025 | Others | ₹10 Cr | Open | |
| 26 Nov 2024 | 101088219 | Hdfc Bank Limited | ₹10.45 Lakh | Open | |
| 30 Oct 2024 | 101000575 | Others | ₹6 Cr | Open |
To see the full charge records of Kems Forgings Limited, buy the company report.
Total charge records: 48 View all charges
Deals & funding
Kems Forgings Limited has 4 deals on record (3 secondary share transfers, 1 rights issue); the latest was in August 2022.
Deals on record (4 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Aug 2022 | Rights issue | ₹29 Lakh | Investors: 4 individuals |
| Aug 2018 | Secondary share transfer | Undisclosed | Buyer: Kems Auto Components Limited , 2 individuals Seller: Kems Securities Limited, 3 individuals |
| Mar 2014 | Secondary share transfer | Undisclosed | Buyer: Kems Securities Limited Seller: Karnataka Elecl & Mech System Limited |
| Mar 2009 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: an individual |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Kems Forgings Limited has 21 court cases on record: 7 filed by Kems Forgings, 14 filed against it. 4 cases are pending and 17 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 13 | 11 | 2 |
| High courts | 8 | 3 | 2 |
Cases on record (5 of 21)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, TAMIL NADU | Interim or miscellaneous application | Filed by the company against The State Industries Promotion Corporation of Tamilnadu Ltd | Disposed |
| High Court, TAMIL NADU | Appeal | Filed by the company against The State Industries Promotion Corporation of Tamilnadu Ltd | Disposed |
| High Court of Karnataka | Writ petition | Filed against the company by M/S. Satrac Engineering Private Limited | Disposed |
| District court, BENGALURU, Karnataka | Execution petition | Filed by the company against Ms Geodesic Techniques Pvt Ltd | Disposed |
| District court, BENGALURU, Karnataka | Civil suit | Filed by the company against Ms Geodesic Techniques P Ltd | Disposed |
To see the full case history of Kems Forgings Limited, buy the company report.
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.
Credit ratings & regulatory alerts
Kems Forgings Limited was last rated by Icra on 07 Apr 2022.
| Rating agency | Rated on | Rating |
|---|---|---|
| Icra | 07 Apr 2022 |
To see the full credit ratings and regulatory alerts of Kems Forgings Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Kems Forgings Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Kems Forgings Limited has a workforce of 276 employees on its EPFO records as of May 2026, across 3 active EPFO establishments.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 276 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 |
To see the full employee and EPFO history of Kems Forgings Limited, buy the company report.
GST
Kems Forgings has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AABCS8846C1Z5 | Karnataka | Active | 01 Jul 2017 |
| 33AABCS8846C1ZG | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Kems Forgings Limited, buy the company report.
Recent activity
Kems Forgings Limited has 15 board changes on record since 1996: 7 appointments and 8 cessations. The latest: Kambiranda Appachu Mandanna ceased to be Director on 30 Jul 2024.
89 earlier events are in the company report.
Frequently asked questions
Kems Forgings is an active public limited company based in Bangalore, Karnataka, India. The company works in industrial tools and components, within the machinery and equipment industry. It was incorporated on 20 July 1970 (56+ years old) and is registered under CIN U85110KA1970PLC001918.
Kems Forgings has 7 current directors:
- Manish Gandhi - Managing Director
- Surendra Kumar Gandhi - Whole-Time Director
- Mavahalli Manjunatha Vasanthaiah - Director
- Makam Kumar Ashok - Director
- Anup Kumar Bhat - Director
- Deepak Gandhi - Director
- Kushal Kumar Gandhi - Director
The latest financial statements of Kems Forgings on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Kems Forgings is 29AABCS8846C1Z5, registered in Karnataka. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 33AABCS8846C1ZG (Tamil Nadu).
The CIN (Corporate Identification Number) of Kems Forgings is U85110KA1970PLC001918. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Kems Forgings has 21 court cases on record: 7 filed by the company and 14 filed against it. 4 are pending. Most are in the district courts.
Kems Forgings was incorporated on 20 July 1970, making it 56+ years old. It is registered with the Registrar of Companies, Bangalore.
Kems Forgings has 4 deals on record (3 secondary share transfers, 1 rights issue); the latest was in August 2022.
Kambiranda Appachu Mandanna ceased to be Director on 30 Jul 2024. Birendra Singh Kumar ceased to be Director on 18 Mar 2021. Anup Kumar Bhat was appointed as Director on 01 Jun 2020. Kems Forgings has 15 board changes on record in total.
Kems Forgings can be reached through the website kemsltd.com. Its registered office is in Bangalore, Karnataka, India.
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