About Metalyst Forgings Limited
Data last updated: 30 December 2025
Metalyst Forgings Limited is a public limited company based in Pune, Maharashtra, India, a subsidiary of Amtek Auto Limited. It specialises in auto parts and components, a part of the broader automotive sector. Incorporated on 21 March 1977, the company has been in operation for over 49 years.
Registered with ROC Pune under CIN L28910MH1977PLC019569. Listed on BSE: 513335 and NSE: BZ : METALFORGE.
Capital: an authorised share capital of ₹1,402 Cr and a paid-up capital of ₹1,164 Cr. Formerly known as Ahmednagar Forgings Limited. It is led by directors including Archana Girish Lakhe and Muthuswami Lakshminarayan.
Last AGM: 22 September 2025. Financial statements filed for year ended 31 March 2025. Office: Gat No 614 Village Kurulikhed, Pune, Maharashtra, India – 410501.
As per NSE-filed standalone financials for FY 2023, the company reported a revenue of ₹261.59 Cr. Total assets are valued at ₹1,820.99 Cr.
The company has a workforce of approximately 482 employees as per the latest available data. It operates as a subsidiary of Amtek Auto Limited.
The company is associated with 2 brands - Metalyst Forgings, Amtek Industries. As per MCA filings, the company has open charges of ₹159 Cr and satisfied charges of ₹5,573.02 Cr on record.
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.
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Registered AddressGat No 614 Village Kurulikhed, Pune, Maharashtra, India – 410501
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IndustryAutomotive, Auto Parts & Components
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
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Associated Brands with Metalyst Forgings Limited
Metalyst Forgings Limited operates two associated brands: Metalyst Forgings and Amtek Industries. These brands represent Metalyst Forgings Limited's diversified market presence and brand portfolio.
| 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 |
Competitors & Alternatives of Metalyst Forgings Limited
Brands and companies operating in the same space as Metalyst Forgings Limited include Bharat Forge, Maini Precision Products, Ramkrishna Forgings and 7 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
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Technology-enabled automotive tools, forging, and machining materials are manufactured. | Pune, India, India | 1961 |
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Manufacturer & supplier of precision products and assemblies | Bengaluru, India, India | 1973 |
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Ramkrishna Forgings is engaged in metal forming and manufacturing. | Kolkata, India, India | 1981 |
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Precision stamped components are manufactured and supplied to automotive OEMs. | Birmingham, United Kingdom, United Kingdom | 1962 |
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Automotive aluminium components are manufactured and supplied to OEMs worldwide. | Villa De Garcia, Mexico, Mexico | 1979 |
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Products for automotive, aeronautic, hydraulic, and security sectors are manufactured. | Bengaluru, India, India | 1973 |
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High precision tubes are manufactured for automobiles and bicycles. | Chennai, India, India | 1949 |
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Flat-rolled aluminum products are manufactured and supplied to OEMs. | Atlanta, United States, United States | 2005 |
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Provide automotive manufacturers and suppliers worldwide. | Denklingen, Germany, Germany | 1988 |
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High-precision metal and plastic components are designed and manufactured. | Charlotte, United States, United States | 1980 |
Business Activity of Metalyst Forgings Limited
Metalyst Forgings Limited is engaged in the principal business activity of manufacturing, with detailed activities including 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 for Metalyst Forgings Limited
Turnover contribution percentages and historical activity changes require an active report plan.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
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Auditor Details of Metalyst Forgings Limited
Metalyst Forgings Limited is audited by RAJ GUPTA & CO for the financial year 2020. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| RAJ GUPTA & CO | Locked | Locked | Locked |
Complete auditor history for Metalyst Forgings Limited
Appointment status, appointment dates, cessation dates, and historical auditor changes require an active report plan.
- Appointment status
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Board of Directors of Metalyst Forgings Limited
Metalyst Forgings Limited is currently managed by 5 directors, with 25 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
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Archana Girish Lakhe
Also directs:
Revent Precision Engineering Limited, Revent Metalcast Limited
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Director | 28 Jun 2025 | 1 Years 1 Months | Current |
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Muthuswami Lakshminarayan
Also directs:
Sansera Engineering Limited, Asm Technologies Limited, Pinnacle Mobility Solutions Private Limited and 5 more
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Director | 28 Jun 2025 | 1 Years 1 Months | Current |
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Ashwath Ram
Also directs:
Anker Equipment Llp, Avenor Analytics Llp, Revent Precision Engineering Limited and 5 more
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Managing Director | 01 May 2025 | 1 Years 3 Months | Current |
| Sanjay Shamgonda Patil | Whole-Time Director | 26 Jun 2024 | 2 Years 1 Months | Current |
| Muneesh Chawla | Director | 30 Sep 2024 | 1 Years 10 Months | Current |
Financials of Metalyst Forgings Limited FY 2023 filings available
Metalyst Forgings Limited reported revenue of ₹261.59 Cr for FY 2023.
| Metrics | FY 2023 | FY 2021 | FY 2020 |
|---|---|---|---|
| Revenue from Operations | ₹261.59 Cr | ₹174.18 Cr | ₹188.28 Cr |
| Other Income | ₹44 Lakh | ₹5.01 Cr | ₹95 Lakh |
| Total Income | ₹262.03 Cr | ₹179.19 Cr | ₹189.23 Cr |
| Cost of Materials Consumed | ₹168.12 Cr | ₹101.02 Cr | ₹114.31 Cr |
| Purchases of Stock-in-Trade | ₹0 | ₹0 | ₹0 |
| Changes in Inventories | ₹2.18 Cr | ₹5.71 Cr | ₹67 Lakh |
| Employee Benefit Expense | ₹25.16 Cr | ₹21.87 Cr | ₹29.55 Cr |
| Finance Costs | ₹1.3 Cr | ₹0 | ₹2.07 Cr |
| Depreciation & Amortisation | ₹243.83 Cr | ₹252.15 Cr | ₹253.81 Cr |
| Other Expenses | ₹61.84 Cr | ₹119.49 Cr | ₹59.36 Cr |
| Total Expenses | ₹502.43 Cr | ₹500.24 Cr | ₹459.77 Cr |
| Profit Before Exceptional Items & Tax | -₹240.4 Cr | -₹321.05 Cr | -₹270.54 Cr |
| Exceptional Items | -₹73.48 Cr | -₹346.97 Cr | -₹32.9 Cr |
| Profit Before Tax | -₹313.88 Cr | -₹668.02 Cr | -₹303.44 Cr |
| Total Tax Expense | ₹0 | ₹0 | ₹0 |
| Net Profit | -₹313.88 Cr | -₹668.02 Cr | -₹303.44 Cr |
| Other Comprehensive Income | ₹79 Lakh | ₹38 Lakh | ₹1.68 Cr |
| Total Comprehensive Income | -₹313.09 Cr | -₹667.64 Cr | -₹301.76 Cr |
| EBITDA (computed) | ₹4.73 Cr | -₹68.9 Cr | -₹14.66 Cr |
| Basic EPS | ₹72.07 | ₹-153.39 | ₹-69.67 |
| Diluted EPS | ₹72.07 | ₹-153.39 | ₹-69.67 |
| Metrics | FY 2023 |
|---|---|
| Total Assets | ₹1,820.99 Cr |
| Non-current Assets | ₹1,666.91 Cr |
| Current Assets | ₹154.08 Cr |
| Property, Plant & Equipment | ₹1,255.2 Cr |
| Inventories | ₹90.52 Cr |
| Trade Receivables | ₹39.01 Cr |
| Cash & Equivalents | ₹3.54 Cr |
| Equity (Net Worth) | -₹2,525.26 Cr |
| Equity Share Capital | ₹43.55 Cr |
| Borrowings (Non-current) | ₹356.49 Cr |
| Borrowings (Current) | ₹1,289.27 Cr |
| Total Debt (computed) | ₹1,645.76 Cr |
| Current Liabilities | ₹3,985.55 Cr |
| Total Liabilities | ₹4,346.25 Cr |
| Metrics | FY 2023 | FY 2021 |
|---|---|---|
| Operating Cash Flow | -₹2.02 Cr | -₹57.2 Cr |
| Investing Cash Flow | ₹79.09 Lakh | ₹1.65 Cr |
| Financing Cash Flow | ₹0 | -₹58,000 |
| Capital Expenditure | ₹22.08 Lakh | -₹13.85 Lakh |
| Free Cash Flow (computed) | -₹2.24 Cr | -₹57.34 Cr |
| Dividends Paid | ₹0 | ₹0 |
| Net Change in Cash | -₹1.23 Cr | -₹55.56 Cr |
Ownership and Shareholding of Metalyst Forgings Limited
Shareholding and ownership data for Metalyst Forgings Limited
Promoter, institutional, public, and beneficial ownership values require an active report plan.
- Ownership categories
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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
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 for Metalyst Forgings Limited
Monthly headcount, contribution history, establishment records, and filing compliance require an active report plan.
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GST Compliance of Metalyst Forgings Limited
GST registrations and filing compliance for Metalyst Forgings Limited
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Credit Ratings, Litigation & Regulatory Alerts for Metalyst Forgings Limited
Credit ratings, litigation, and regulatory alerts for Metalyst Forgings Limited
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- Rating history
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MSME Payment Delays by Metalyst Forgings Limited
MSME payment history for Metalyst Forgings Limited
Amounts outstanding to micro and small suppliers, delay reasons, and MSME-1 filing history require an active report plan.
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Subsidiaries & Group Companies of Metalyst Forgings Limited
Corporate group structure for Metalyst Forgings Limited
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MCA Filings & Documents of Metalyst Forgings Limited
MCA filings and documents for Metalyst Forgings Limited
Official forms, annual returns, financial statements, charge filings, and document dates require an active report plan.
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Recent Activity on Metalyst Forgings Limited
Recent News on Metalyst Forgings Limited
Frequently Asked Questions about Metalyst Forgings Limited
Metalyst Forgings Limited is an active public limited company in the automotive sector based in Pune, Maharashtra, India. It was incorporated on 21 March 1977 (49+ years old) and is registered under CIN L28910MH1977PLC019569. Listed on BSE: 513335 and NSE: BZ : METALFORGE. The company has 482 employees.
Metalyst Forgings Limited reported revenue of ₹261.59 Cr for FY 2023 based on standalone NSE filings.
The current directors of Metalyst Forgings Limited are:
- Archana Girish Lakhe - Director
- Muthuswami Lakshminarayan - Director
- Ashwath Ram - Managing Director
- Sanjay Shamgonda Patil - Whole-Time Director
- Muneesh Chawla - Director
The primary industry of Metalyst Forgings Limited is automotive. The company specifically operates in auto parts and components. The company is currently active in this sector.
Yes. Metalyst Forgings Limited is listed on both BSE (code: 513335) and NSE (symbol: BZ : METALFORGE).
Metalyst Forgings Limited can be reached at the registered office: Gat No 614 Village Kurulikhed, Pune, Maharashtra, India – 410501, or through the website amtek.com.