About Maharashtra Forge Pvt Ltd
Data last updated:
Maharashtra Forge Pvt Ltd is a private limited company based in Kolhapur, Maharashtra, India. It operates in the die casting and metal forming segment of the manufacturing sector. It was incorporated on 25 May 1983 and has been in existence for over 43 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U28910MH1983PTC029962. Its GSTIN is 27AABCM2780R1ZV (Maharashtra).
The company has an authorised share capital of ₹60 Lakh and a paid-up capital of ₹53.18 Lakh. It is led by directors Raghunath Balwant Thorat (Managing Director) and Dhananjay Raghunath Thorat (Whole-Time Director).
Its last annual general meeting (AGM) was held on 18 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at F – 8 M I D C Shirolipulachi, Kolhapur, Maharashtra, India – 416122.
As per the financials filed for FY 2022, the company reported a revenue of ₹3 Cr, a growth of 53% compared to the previous year. For the same year it recorded a net loss of ₹19.36 Lakh (net margin -6.4%) and EBITDA of ₹35.82 Lakh (EBITDA margin 11.9%). Revenue has declined at a compounded annual rate (CAGR) of 11% over three years and 3% over five years.
As per MCA filings, the company has open charges of ₹75.99 Lakh and satisfied charges of ₹3.34 Cr on record. Court records list 3 cases involving the company, including 3 filed by the company; 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 mahaforge.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressF – 8 M I D C Shirolipulachi, Kolhapur, Maharashtra, India – 416122
- IndustryManufacturing, Die Casting & Metal Forming
- 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
Financials of Maharashtra Forge Pvt Ltd FY 2025 filings available
Maharashtra Forge Pvt Ltd reported revenue of ₹3 Cr (up 53% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR) of Maharashtra Forge Pvt Ltd
Revenue rose 53% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 3%. EBITDA rose 107% 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 Maharashtra Forge Pvt Ltd
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | ₹3 Cr | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹35.82 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹19.36 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 Maharashtra Forge Pvt Ltd
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 11.9% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -6.4% | •••• | •••• | •••• | •••• |
| 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 Maharashtra Forge 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.
Board of Directors of Maharashtra Forge Pvt Ltd
Maharashtra Forge has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Raghunath Balwant Thorat | Managing Director | 25 May 1983 | 43 Years 4 Months | Current |
| Dhananjay Raghunath Thorat | Whole-Time Director | 25 May 1983 | 43 Years 4 Months | Current |
Auditor Details of Maharashtra Forge Pvt Ltd
Maharashtra Forge Pvt Ltd is audited by R. S. MOHITE & CO for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| R. S. MOHITE & CO | 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.
Ownership and Shareholding of Maharashtra Forge Pvt 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 Maharashtra Forge Pvt Ltd
| Date | Lender | Amount | Status |
|---|---|---|---|
| 31 Jan 2018 | Yes Bank Limited | ₹75.99 Lakh | Open |
| 30 Nov 2011 | Rajarambapu Sahakari Bank Ltd. Peth | ₹85 Lakh | Satisfied |
| 24 Sep 2011 | Rajarambapu Sahakari Bank Ltd. Peth | ₹1 Cr | Satisfied |
| 06 Dec 2010 | Small Industries Development Bank of India | ₹28 Lakh | Satisfied |
| 31 Aug 2007 | Shree Warana Sahkari Bank Limited | ₹50 Lakh | Satisfied |
Total charge records: 9 View all charges
Legal Cases of Maharashtra Forge Pvt Ltd
Maharashtra Forge Pvt Ltd has 3 court cases on record: 3 filed by Maharashtra Forge. 1 case is pending and 2 are disposed. Status as checked between 02 Oct 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 0 | 1 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Kolhapur, Maharashtra | Court case (Reg Dkst) | Filed by the company against Kolhapur Axles Pvt Ltd | Pending |
| District court, Kolhapur, Maharashtra | Civil suit | Filed by the company against Maini Precision Products Limited | Disposed |
| District court, Kolhapur, Maharashtra | Court case (Spl .Dkst) | Filed by the company against Kolhapur Axles Pvt Ltd | Disposed |
Full case history
All 3 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.
Employees and EPFO Compliance at Maharashtra Forge Pvt Ltd
Employment history and EPFO contributions of people linked to Maharashtra Forge.
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.
Recent Activity on Maharashtra Forge Pvt Ltd
Maharashtra Forge Pvt Ltd has 5 board changes on record since 1983: 2 appointments and 3 cessations. The latest: Dhananjay Raghunath Thorat ceased to be Director on 02 Sep 2016.
14 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Maharashtra Forge Pvt 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 Maharashtra Forge Pvt 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 Maharashtra Forge Pvt 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 Maharashtra Forge Pvt Ltd
Maharashtra Forge has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCM2780R1ZV | Maharashtra | Active | 01 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 Maharashtra Forge Pvt 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 Maharashtra Forge Pvt Ltd
Maharashtra Forge is an active private limited company based in Kolhapur, Maharashtra, India. The company works in die casting and metal forming, within the manufacturing industry. It was incorporated on 25 May 1983 (43+ years old) and is registered under CIN U28910MH1983PTC029962.
Maharashtra Forge reported revenue of ₹3 Cr for FY 2022 (up 53% YoY).
Maharashtra Forge has 2 current directors:
- Raghunath Balwant Thorat - Managing Director
- Dhananjay Raghunath Thorat - Whole-Time Director
Maharashtra Forge reported a net loss of ₹19.36 Lakh (net margin -6.4%) and EBITDA of ₹35.82 Lakh (EBITDA margin 11.9%) for FY 2022, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Maharashtra Forge is -11% over three years and -3% over five years. In the latest year (FY 2022) revenue rose 53%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Maharashtra Forge is 27AABCM2780R1ZV, registered in Maharashtra.
The CIN (Corporate Identification Number) of Maharashtra Forge is U28910MH1983PTC029962. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Maharashtra Forge has 3 court cases on record: 3 filed by the company. 1 is pending.
Maharashtra Forge was incorporated on 25 May 1983, making it 43+ years old. It is registered with the Registrar of Companies, Pune.
Dhananjay Raghunath Thorat ceased to be Director on 02 Sep 2016. Raghunath Balwant Thorat ceased to be Director on 02 Sep 2016. Anuradha Raghunath Thorat ceased to be Director on 25 Mar 2016. Maharashtra Forge has 5 board changes on record in total.