MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-KR-22-0000838
Ferro Foundries Private Limited - machinery and equipment in Mysore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹31.14 Cr
▲ 7% YoY
Net profit · FY 2025
₹3.86 Cr
Net margin 12.4%
EBITDA · FY 2025
₹5.76 Cr
EBITDA margin 18.5%
Authorised capital
₹50 Lakh
Registered with MCA
Paid-up capital
₹45.33 Lakh
Issued & subscribed
Open charges
₹12.05 Lakh
Secured borrowings
Company age
49 yrs
Est. 1977
Employees · EPFO
90
Provident fund records
About Ferro Foundries Private Limited
Data last updated:
Ferro Foundries Private Limited is a private limited company based in Mysore, Karnataka, India. It operates in the material handling and storage equipment segment of the machinery and industrial equipment sector. It was incorporated on 02 July 1977 and has been in existence for over 49 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U29214KA1977PTC003174. Its GSTIN is 29AAACF2701L1ZQ (Karnataka).
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹45.33 Lakh. It is led by directors including Noman Khorakiwala (Whole-Time Director) and Abbas Salehbhai Vagh.
Its last annual general meeting (AGM) was held on 30 August 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Mysore, Karnataka.
As per the financials filed for FY 2025, the company reported a revenue of ₹31.14 Cr, a growth of 7% compared to the previous year. For the same year it recorded a net profit of ₹3.86 Cr (net margin 12.4%) and EBITDA of ₹5.76 Cr (EBITDA margin 18.5%). Revenue has grown at a compounded annual rate (CAGR) of 11% over three years and 16% over five years.
The company has about 90 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Ergo Lift Manufacturers. As per MCA filings, the company has open charges of ₹12.05 Lakh on record. Court records list 5 cases involving the company, including 1 filed by the company and 5 filed against it; 1 case is pending.
Ferro Foundries Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-22-0000838). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ferrotiger.com.
Company details
CIN U29214KA1977PTC003174
Registration Number 003174
Incorporation Date 02 July 1977
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 August 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-KR-22-0000838
Key People
Noman Khorakiwala Whole-Time Director Abbas Salehbhai Vagh Director Mohammedbhai Taherbhai Vagh Director Recognitions & Rankings of Ferro Foundries
Contact details
Ferro Foundries Private Limited's registered office is in Mysore, Karnataka. Its website is ferrotiger.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressYelwal Road, Belvadi P.O, Mysore, Karnataka, India – 570018
- IndustryMachinery and Equipment, Material Handling & Storage Equipment
To see the full contact details of Ferro Foundries Private Limited, buy the company report.
Comprehensive company report
Ferro Foundries Private Limited - one report that includes everything
- 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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Secure checkout · GST invoice included
Brands
Ferro Foundries operates one associated brand: Ergo Lift Manufacturers. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Ergonomic safety solutions and material handling equipment for manufacturing industries. | ferrotiger.com |
Business activity
The main business activity of Ferro Foundries 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 Ferro Foundries Private Limited, buy the company report.
Financials of Ferro Foundries Private Limited
FY 2025 filings availableFerro Foundries Private Limited reported revenue of ₹31.14 Cr (up 7% YoY) for FY 2025.
Revenue · FY 2025
₹31.14 Cr ▲ 7%
Net profit · FY 2025
₹3.86 Cr margin 12.4%
EBITDA · FY 2025
₹5.76 Cr margin 18.5%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 7%
3 years · compounded
▲ 11%
5 years · compounded
▲ 16%
EBITDA CAGR growth
1 year
▲ 1%
3 years · compounded
▲ 15%
5 years · compounded
▲ 16%
Revenue has grown at a compounded annual rate (CAGR) of 16% over five years, including 7% growth in the latest year. EBITDA rose 1% 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 |
|---|---|---|---|---|---|
| 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 | ₹5.76 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹3.86 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 18.5% | ||||
| Net Profit Margin | 12.4% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
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| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Ferro Foundries Private Limited, buy the company report.
Board of directors of Ferro Foundries Private Limited
Ferro Foundries has 8 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
Showing 6 of 8 current directors. View all directors
Peer comparison
Ferro Foundries Private Limited is compared with the 3 companies closest to it by revenue in the Machinery and Equipment industry (Material Handling Equipment), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Skyline Industries Pvt Ltd | ₹31.31 Cr (FY 2025) | 14.0% | Indore, Madhya Pradesh, India | |||
| Ferro Foundries Private Limitedthis company | ₹31.14 Cr (FY 2025) | ₹3.86 Cr | 12.4% | 7.0% | 90 | Mysore, Karnataka, India |
| Bevcon Wayors Private Limited | ₹30.79 Cr (FY 2022) | -49.0% | Hyderabad, Telangana, India | |||
| HMTC Engineering Company (Kolkata) Private Limited | ₹30.66 Cr (FY 2024) | 27.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Ferro Foundries Private Limited, buy the company report.
Auditor
Ferro Foundries Private Limited is audited by VKS AIYER & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| VKS AIYER & CO | FY 2023 | 000066S |
Shareholding
The shareholding of Ferro Foundries Private 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 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Ferro Foundries Private Limited, buy the company report.
Charges & borrowings
Open charges
₹12.05 Lakh
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 04 Aug 1986 | 90190077 | State Bank of India | ₹2.25 Lakh | Open | |
| 21 Jun 1983 | 90189851 | State Bank of India | ₹2 Lakh | Open | |
| 23 Mar 1982 | 90189803 | State Bank of India | ₹4 Lakh | Open | |
| 22 Jun 1981 | 90189773 | State Bank of India | ₹2 Lakh | Open | |
| 16 Feb 1979 | 90189730 | State Bank of India | ₹1.8 Lakh | Open |
To see the full charge records of Ferro Foundries Private Limited, buy the company report.
Total charge records: 5 View all charges
Legal cases
Ferro Foundries Private Limited has 5 court cases on record: 1 filed by Ferro Foundries, 5 filed against it. 1 case is pending and 4 are disposed.
Total cases
5
Filed by the company
1
Filed against the company
5
Pending
1
Disposed
4
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 4 | 1 |
| High courts | 1 | 1 | 0 |
Cases on record (5 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, MYSURU, Karnataka | Court case (Com.O.S.) | Filed against the company by Cyberscape Multimedia Limited and 1 other | Pending |
| District court, MYSURU, Karnataka | Court case (Ref.) | Filed against the company by The Ferro Foundries Pvt Ltd Employees Association | Disposed |
| District court, MYSURU, Karnataka | Court case (Ref.) | Filed by the company against M/S Ferro Foundries Pvt Ltd. | Disposed |
| High Court of Karnataka | Writ petition | Filed against the company | Disposed |
| District court, MYSURU, Karnataka | Court case (Ref.) | Filed against the company by The Ferro Foundries Employees Association-R | Disposed |
To see the full case history of Ferro Foundries Private 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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Ferro Foundries Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Ferro Foundries Private Limited has a workforce of 90 employees on its EPFO records as of Apr 03, 2024, across 1 active EPFO establishment.
Employee count
90
Active EPFO establishments
1
Employee growth
12.5%
GST
Ferro Foundries has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAACF2701L1ZQ | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Ferro Foundries Private Limited, buy the company report.
Recent activity
Ferro Foundries Private Limited has 11 board changes on record since 1977: 8 appointments and 3 cessations. The latest: Shabbir Tyeb Vagh ceased to be Additional Director on 26 Sep 2024.
AGM
Ferro Foundries Private Limited last Annual general meeting of members was held on 30 Aug 2025 as per latest MCA records.
Filing
Ferro Foundries Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Ceased
Shabbir Tyeb Vagh ceased to be Additional Director.
Appointed
Shabbir Tyeb Vagh was appointed as Director.
Ceased
Tyeb Vagh Salehbhai ceased to be Director.
Appointed
Yusuf Hussain Vagh was appointed as Director.
Ceased
Hussaini Vagh Saifuddin ceased to be Director.
Appointed
Abbas Taher Bhai Vagh was appointed as Director.
Appointed
Abdul Hussain Saifuddinbhai Vagh was appointed as Director.
Charges
A charge with State Bank Of India amounted to Rs. 2.25 Lakh with Charge ID 90190077 was registered on 04 Aug 1986.
Charges
A charge with State Bank Of India of Rs. 2.25 Lakh registered on 04 Aug 1986 with Charge ID 90190077 was modified on 04 Aug 1986.
Charges
A charge with State Bank Of India of Rs. 4.00 Lakh registered on 23 Mar 1982 with Charge ID 90189803 was modified on 04 Aug 1986.
9 earlier events are in the company report.
Frequently asked questions
Ferro Foundries is an active private limited company based in Mysore, Karnataka, India. The company works in material handling and storage equipment, within the machinery and equipment industry. It was incorporated on 02 July 1977 (49+ years old) and is registered under CIN U29214KA1977PTC003174.
Ferro Foundries has 8 current directors:
- Noman Khorakiwala - Whole-Time Director
- Abbas Salehbhai Vagh - Director
- Mohammedbhai Taherbhai Vagh - Director
- Moiz Saifuddin Vagh - Director
- Abdul Hussain Saifuddinbhai Vagh - Director
- Abbas Taher Bhai Vagh - Director
- Shabbir Tyeb Vagh - Director
- Yusuf Hussain Vagh - Director
The latest financial statements of Ferro Foundries on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 August 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Ferro Foundries is 29AAACF2701L1ZQ, registered in Karnataka.
The CIN (Corporate Identification Number) of Ferro Foundries is U29214KA1977PTC003174. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ferro Foundries has 5 court cases on record: 1 filed by the company and 5 filed against it. 1 is pending. Most are in the district courts.
Ferro Foundries was incorporated on 02 July 1977, making it 49+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Ferro Foundries by revenue are Skyline Industries Pvt Ltd, Bevcon Wayors Private Limited, HMTC Engineering Company (Kolkata) Private Limited, all in the Machinery and Equipment industry (Material Handling Equipment), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment).
Shabbir Tyeb Vagh ceased to be Additional Director on 26 Sep 2024. Shabbir Tyeb Vagh was appointed as Director on 13 Nov 2023. Tyeb Vagh Salehbhai ceased to be Director on 10 Jan 2023. Ferro Foundries has 11 board changes on record in total.
Yes, Ferro Foundries is registered as a small enterprise under Udyam registration (number: UDYAM-KR-22-0000838).
Ferro Foundries can be reached through the website ferrotiger.com. Its registered office is in Mysore, Karnataka, India.