About Metalyst Forgings Limited
Data last updated:
Metalyst Forgings Limited is a public limited company based in Pune, Maharashtra, India, a subsidiary of Amtek Auto Limited. It operates in the auto parts and components segment of the automotive sector. It was incorporated on 21 March 1977 and has been in existence for over 49 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN L28910MH1977PLC019569. Its shares are listed on BSE: 513335 and NSE: METALFORGE.
The company has an authorised share capital of ₹1,402 Cr and a paid-up capital of ₹1,164 Cr. It was formerly known as Ahmednagar Forgings Limited. It is led by directors including Ashwath Ram (Managing Director) and Sanjay Shamgonda Patil (Whole-Time Director).
Its last annual general meeting (AGM) was held on 22 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Gat No 614 Village Kurulikhed, Pune, Maharashtra, India – 410501.
As per the financials filed for FY 2025, the company reported a revenue of ₹271.07 Cr, a growth of 5% compared to the previous year. For the same year it recorded a net profit of ₹3,265.47 Cr and EBITDA of ₹3,288.74 Cr. Revenue has grown at a compounded annual rate (CAGR) of 7% over five years.
The company has about 482 employees on its provident fund (EPFO) records.
The company is associated with 2 brands: Metalyst Forgings and Amtek Industries. As per MCA filings, the company has open charges of ₹159 Cr and satisfied charges of ₹5,573.02 Cr on record. Court records list 637 cases involving the company, including 192 filed by the company and 443 filed against it; 48 cases are pending. The company has 70 deals on record (57 market trades, 6 secondary share transfers, 5 funding rounds), with disclosed funding of ₹1,121.4 Cr; the latest was in July 2024. Its 10 peer companies in the same principal business activity (Metal and metal products) are compared by revenue, 5 larger and 5 smaller; the largest is Excel Controlinkage Private Limited with revenue of ₹272.24 Cr.
The current compliance status is marked as active non-compliant by the Registrar of Companies. For more details, the company can be reached via its website amtek.com.
CIN History of Metalyst Forgings Limited
Metalyst Forgings has one previous CIN (Corporate Identification Number): U28910MH1977PLC019569. The current CIN is L28910MH1977PLC019569, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L28910MH1977PLC019569 | Current |
| U28910MH1977PLC019569 | Previous |
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressGat No 614 Village Kurulikhed, Pune, Maharashtra, India – 410501
- IndustryAutomotive, Auto Parts & 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
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Associated Brands with Metalyst Forgings Limited
Metalyst Forgings operates two associated brands: Metalyst Forgings and Amtek Industries. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Forging components are manufactured by Metalyst for automotive and industrial uses. | metalyst.co.in | |
| Manufactures forged, cast, and machined auto components | amtek.com |
Business Activity of Metalyst Forgings Limited
The main business activity of Metalyst 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 Metalyst Forgings Limited FY 2025 filings available
Metalyst Forgings Limited reported revenue of ₹271.07 Cr (up 5% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Metalyst Forgings Limited
Revenue has grown at a compounded annual rate (CAGR) of 7% over five years, including 5% growth in the latest year. EBITDA rose 424% 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 Metalyst Forgings Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | ₹3,288.74 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹3,265.47 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 Metalyst Forgings Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | •••• | •••• | •••• | •••• | •••• |
| Net Profit Margin | •••• | •••• | •••• | •••• | •••• |
| 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 Metalyst 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.
Board of Directors of Metalyst Forgings Limited
Metalyst Forgings has 5 current directors and 25 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Archana Girish Lakhe Also directs: Revent Precision Engineering Limited, Revent Metalcast Limited | Director | 28 Jun 2025 | 1 Years 3 Months | Current |
| Muthuswami Lakshminarayan Also directs: Sansera Engineering Limited, Asm Technologies Limited, Pinnacle Mobility Solutions Private Limited and 5 more | Director | 28 Jun 2025 | 1 Years 3 Months | Current |
| Ashwath Ram Also directs: Anker Equipment LLP, Avenor Analytics LLP, Revent Precision Engineering Limited and 5 more | Managing Director | 01 May 2025 | 1 Years 5 Months | Current |
| Sanjay Shamgonda Patil | Whole-Time Director | 26 Jun 2024 | 2 Years 3 Months | Current |
| Muneesh Chawla | Director | 30 Sep 2024 | 2 Years 0 Months | Current |
Peer Comparison of Metalyst Forgings Limited
Metalyst Forgings Limited is compared with the companies closest to it by revenue in the same principal business activity (Metal and metal 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 |
|---|---|---|---|---|---|---|
| Excel Controlinkage Private Limited | ₹272.24 Cr (FY 2025) | •••• | •••• | 2.0% | •••• | Nagpur, Maharashtra, India |
| East India Drums and Barrels Manufacturing Limited Listed | ₹272.18 Cr (FY 2025) | •••• | •••• | 1030873.0% | •••• | Mumbai, Maharashtra, India |
| Aakar Foundry Private Limited | ₹272.05 Cr (FY 2025) | •••• | •••• | 2.0% | •••• | Talegaon Dabhade, Maharashtra, India |
| Emsons Products Private Limited | ₹271.18 Cr (FY 2025) | •••• | •••• | 52.0% | •••• | Delhi, India |
| Calcutta Springs Ltd | ₹271.15 Cr (FY 2024) | •••• | •••• | 6.0% | •••• | Kolkata, West Bengal, India |
| Metalyst Forgings Limited this company | ₹271.07 Cr (FY 2025) | •••• | •••• | 5.0% | •••• | Pune, Maharashtra, India |
| Greenberry Foils India Limited | ₹271.04 Cr (FY 2024) | •••• | •••• | -9.0% | •••• | New Delhi, Delhi, India |
| Hydrolines (Bangalore) Private Limited | ₹271 Cr (FY 2025) | •••• | •••• | 98.0% | •••• | Bengaluru, Karnataka, India |
| Abhijeet Ferrotech Limited | ₹270.61 Cr (FY 2016) | •••• | •••• | -34.0% | •••• | Kolkata, West Bengal, India |
| S.A. Iron & Alloys Private Limited | ₹270.53 Cr (FY 2025) | •••• | •••• | 28.0% | •••• | Chandauli, Uttar Pradesh, India |
| Sanjay Castings (India) Private Limited | ₹270.51 Cr (FY 2025) | •••• | •••• | 8.0% | •••• | Bhavanagar, Gujarat, India |
Peers are the five companies nearest above and the five nearest below Metalyst Forgings by revenue in the same principal business activity (Metal and metal 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 Metalyst Forgings Limited
Metalyst Forgings Limited is audited by RAJ GUPTA & CO for the financial year 2020.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| RAJ GUPTA & 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 Metalyst Forgings Limited
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 Metalyst Forgings Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 30 Sep 2024 | Others | ₹50 Cr | Open |
| 29 Jan 2013 | Standard Chartered Bank | ₹108 Cr | Open |
| 05 Jun 1992 | Bank of Baroda | ₹1 Cr | Open |
| 02 Jun 2017 | Others | ₹77.52 Cr | Satisfied |
| 26 Sep 2016 | Syndicate Bank | ₹11.5 Cr | Satisfied |
Total charge records: 52 View all charges
Deals & Funding of Metalyst Forgings Limited
Metalyst Forgings Limited has 70 deals on record (57 market trades, 6 secondary share transfers, 5 funding rounds), with disclosed funding of ₹1,121.4 Cr; the latest was in July 2024.
Deals on record (5 of 70)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2017 | Funding round | ₹68 Cr | Investors: Revent Precision Engineering Limited |
| Mar 2017 | Market trade | ₹26.12 Cr | Buyer: Shree Bhuvanakaram Tradinvest Pvt Ltd , Parag J Sheth Huf, 2 individuals Seller: Shree Bhuvanakaram Tradinvest Pvt Ltd , Parag J Sheth Huf, 2 individuals |
| Mar 2017 | Market trade | ₹3.78 Cr | Buyer: Shree Bhuvanakaram Tradinvest Pvt Ltd Seller: Shree Bhuvanakaram Tradinvest Pvt Ltd |
| Sep 2016 | Market trade | ₹2.29 Cr | Buyer: Shree Bhuvanakaram Tradinvest Pvt Ltd Seller: Shree Bhuvanakaram Tradinvest Pvt Ltd |
| Jul 2016 | Market trade | ₹2.88 Cr | Buyer: NBN Fintrade Private Limited Seller: NBN Fintrade Private Limited |
Full deal history
All 70 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of Metalyst Forgings Limited
Metalyst Forgings Limited has 637 court cases on record: 192 filed by Metalyst Forgings, 443 filed against it, 2 where it is another party. 48 cases are pending and 589 are disposed. Status as checked between 21 Sep 2026 and 05 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 579 | 422 | 29 |
| High courts | 55 | 19 | 19 |
| Supreme Court | 3 | 2 | 0 |
Cases on record (5 of 637)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Pune, Maharashtra | Civil suit | Filed against the company by Apogee Logistics (India) Private Limited | Pending |
| District court, Pune, Maharashtra | Commercial suit | Filed by the company against Laser Automation Private Limited | Pending |
| District court, Pune, Maharashtra | Civil suit | Filed against the company by Apogee Logistics (India) Private Limited | Disposed |
| Bombay High Court | Court case (ARP) | Filed against the company by Trig Guardforce Limited | Disposed |
| High Court of Punjab and Haryana | Writ petition | Filed by the company against Deputy Commissioner of Income Tax | Pending |
Full case history
All 637 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 Metalyst Forgings Limited
Metalyst Forgings Limited has a workforce of 482 employees as of Apr 03, 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.
Recent Activity on Metalyst Forgings Limited
Metalyst Forgings Limited has 45 board changes on record since 2003: 25 appointments and 20 cessations. The latest: Archana Girish Lakhe was appointed as Director on 28 Jun 2025.
166 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Metalyst Forgings Limited
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 Metalyst Forgings Limited
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 Metalyst Forgings Limited
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 Metalyst Forgings Limited
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 Metalyst Forgings Limited
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.
Related news about Metalyst Forgings Limited
Frequently Asked Questions about Metalyst Forgings Limited
Metalyst Forgings is an active public limited company based in Pune, Maharashtra, India. The company works in auto parts and components, within the automotive industry. It was incorporated on 21 March 1977 (49+ years old) and is registered under CIN L28910MH1977PLC019569. Listed on BSE: 513335 and NSE: METALFORGE.
Metalyst Forgings reported revenue of ₹271.07 Cr for FY 2025 (up 5% YoY).
Metalyst Forgings has 5 current directors:
- Ashwath Ram - Managing Director
- Sanjay Shamgonda Patil - Whole-Time Director
- Archana Girish Lakhe - Director
- Muthuswami Lakshminarayan - Director
- Muneesh Chawla - Director
Metalyst Forgings reported a net profit of ₹3,265.47 Cr and EBITDA of ₹3,288.74 Cr for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Metalyst Forgings is 7% over five years. In the latest year (FY 2025) revenue rose 5%. CAGR is the steady yearly rate that links the first and the last year.
The CIN (Corporate Identification Number) of Metalyst Forgings is L28910MH1977PLC019569. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. Metalyst Forgings is listed on both BSE (code: 513335) and NSE (symbol: METALFORGE).
Metalyst Forgings has 637 court cases on record: 192 filed by the company and 443 filed against it. 48 are pending. Most are in the district courts.
Metalyst Forgings was incorporated on 21 March 1977, making it 49+ years old. It is registered with the Registrar of Companies, Pune.
Metalyst Forgings has 70 deals on record (57 market trades, 6 secondary share transfers, 5 funding rounds), with disclosed funding of ₹1,121.4 Cr; the latest was in July 2024.
The peers of Metalyst Forgings by revenue are Excel Controlinkage Private Limited, East India Drums and Barrels Manufacturing Limited, Aakar Foundry Private Limited, Emsons Products Private Limited, Calcutta Springs Ltd and 5 more, all in the same principal business activity (Metal and metal products).