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.
Company details
Contact details
Maharashtra Forge Pvt Ltd's registered office is in Kolhapur, Maharashtra. Its website is mahaforge.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressF – 8 M I D C Shirolipulachi, Kolhapur, Maharashtra, India – 416122
- IndustryManufacturing, Die Casting & Metal Forming
To see the full contact details of Maharashtra Forge Pvt Ltd, 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
Financials of Maharashtra Forge Pvt Ltd
FY 2025 filings availableMaharashtra Forge Pvt Ltd reported revenue of ₹3 Cr (up 53% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
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
| 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 | |||||
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| 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) | |||||
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Financial Ratios
| 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) | |||||
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To see the full financial statements and ratios of Maharashtra Forge Pvt Ltd, buy the company report.
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
Maharashtra Forge Pvt Ltd is audited by R. S. MOHITE & CO for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| R. S. MOHITE & CO | FY 2022 | 40359 |
Shareholding
The shareholding of Maharashtra Forge Pvt Ltd is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Maharashtra Forge Pvt Ltd, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 31 Jan 2018 | 100162870 | Yes Bank Limited | ₹75.99 Lakh | Open | |
| 30 Nov 2011 | 10320070 | Rajarambapu Sahakari Bank Ltd. Peth | ₹85 Lakh | Satisfied | |
| 24 Sep 2011 | 10311457 | Rajarambapu Sahakari Bank Ltd. Peth | ₹1 Cr | Satisfied | |
| 06 Dec 2010 | 10254433 | Small Industries Development Bank of India | ₹28 Lakh | Satisfied | |
| 31 Aug 2007 | 10070477 | Shree Warana Sahkari Bank Limited | ₹50 Lakh | Satisfied |
To see the full charge records of Maharashtra Forge Pvt Ltd, buy the company report.
Total charge records: 9 View all charges
Legal cases
Maharashtra Forge Pvt Ltd has 3 court cases on record: 3 filed by Maharashtra Forge. 1 case is pending and 2 are disposed.
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 Pvt.Ltd. | Disposed |
| District court, Kolhapur, Maharashtra | Court case (Spl .Dkst) | Filed by the company against Kolhapur Axles Pvt Ltd. | Disposed |
To see the full case history of Maharashtra Forge Pvt Ltd, 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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Maharashtra Forge Pvt Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Maharashtra Forge has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCM2780R1ZV | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Maharashtra Forge Pvt Ltd, buy the company report.
Recent activity
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 in the company report.
Frequently asked questions
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 has 2 current directors:
- Raghunath Balwant Thorat - Managing Director
- Dhananjay Raghunath Thorat - Whole-Time Director
The latest financial statements of Maharashtra Forge on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 18 September 2025. Year-wise statements from 2015 are in the company report.
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.
Maharashtra Forge can be reached through the website mahaforge.com. Its registered office is in Kolhapur, Maharashtra, India.
The registered office of Maharashtra Forge is at F – 8 M I D C Shirolipulachi, Kolhapur, Maharashtra, India – 416122.