About P L Forgings Private Limited
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P L Forgings Private Limited is a private limited company based in Punjab, India. It operates in the metal foundry and fabrication services segment of the engineering sector. It was incorporated on 20 January 1998 and has been in existence for over 28 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U27106PB1998PTC020980. Its GSTIN is 03AACCP1280A1Z7 (Punjab).
The company has an authorised share capital of ₹48 Lakh and a paid-up capital of ₹47.93 Lakh. It is led by directors Ashit Katiyar and Akhilesh Chander Katiyar.
Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at G T Roaddoraha Ludhiana, Punjab, India.
As per the financials filed for FY 2019, the company reported a revenue of ₹10.9 Lakh. For the same year it recorded a net loss of ₹47.21 Lakh (net margin -433.1%) and EBITDA of -₹47.16 Lakh (EBITDA margin -432.7%). Revenue has declined at a compounded annual rate (CAGR) of 49% over five years.
As per MCA filings, the company has open charges of ₹5 Cr and satisfied charges of ₹7.3 Cr on record. Court records list 9 cases involving the company, including 3 filed by the company and 6 filed against it; 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 plforging.in.
Company details
Contact details
P L Forgings Private Limited's registered office is in Punjab. Its website is plforging.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressG T Roaddoraha Ludhiana, Punjab, India
- IndustryEngineering, Metal Foundry & Fabrication Services
To see the full contact details of P L Forgings Private Limited, 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 P L Forgings Private Limited
FY 2019 filings availableP L Forgings Private Limited reported revenue of ₹10.9 Lakh for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 49% over five years. EBITDA rose 20% 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹10.9 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹47.16 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹47.21 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
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -432.7% | ||||
| Net Profit Margin | -433.1% | ||||
| 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 | |||||
To see the full financial statements and ratios of P L Forgings Private Limited, buy the company report.
Board of directors of P L Forgings Private Limited
P L Forgings has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ashit Katiyar | Director | 20 Jan 1998 | 28 Years 9 Months | Current |
| Akhilesh Chander Katiyar | Director | 20 Jan 1998 | 28 Years 9 Months | Current |
Peer comparison
P L Forgings Private Limited is compared with the 10 companies closest to it by revenue in the Engineering industry (Foundry and Fabrication), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Be Device Engineering Private Limited | ₹11.33 Lakh (FY 2025) | 5.0% | New Delhi, Delhi, India | |||
| Rarp Engineering & Recycling (OPC) Private Limited | ₹11.27 Lakh (FY 2025) | 553.0% | Bhachau, Gujarat, India | |||
| B C I Bearings Private Limited | ₹11.22 Lakh (FY 2025) | -31.0% | Rajpura, Punjab, India | |||
| Willmore Technologies Private Limited | ₹11.07 Lakh (FY 2025) | Pune, Maharashtra, India | ||||
| Lalita Infraprojects Private Limited | ₹10.92 Lakh (FY 2024) | 48.0% | Kolkata, West Bengal, India | |||
| P L Forgings Private Limitedthis company | ₹10.9 Lakh (FY 2019) | -₹47.21 Lakh | -433.1% | Punjab, India | ||
| Techtrix Projects Private Limited | ₹10.86 Lakh (FY 2018) | Nagpur, Maharashtra, India | ||||
| Lila Forgings Pvt Ltd | ₹10.83 Lakh (FY 2024) | 13.0% | Punjab, India | |||
| Padmanabha Shree Automobiles Private Limited | ₹10.76 Lakh (FY 2025) | Jamshedpur, Jharkhand, India | ||||
| Automotive End Solution Private Limited | ₹10.75 Lakh (FY 2025) | 760.0% | Bangalore, Karnataka, India | |||
| Synergy Thrislington Instacon Private Limited | ₹10.68 Lakh (FY 2025) | -71.0% | Solan, Himachal Pradesh, India |
To see the full peer comparison of P L Forgings Private Limited, buy the company report.
Auditor
P L Forgings Private Limited is audited by RAJESH MEHRU & CO for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RAJESH MEHRU & CO | FY 2019 | 011715N |
Shareholding
The shareholding of P L Forgings Private Limited is on record for FY 2019, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2019 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of P L Forgings Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 24 Oct 2011 | 10317850 | State Bank of India | ₹5 Cr | Open | |
| 07 Jun 2008 | 10109191 | Idbi Bank Limited | ₹4.9 Cr | Satisfied | |
| 21 Oct 2003 | 80034361 | Punjab National Bank | ₹2.4 Cr | Satisfied |
To see the full charge records of P L Forgings Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
P L Forgings Private Limited has 9 court cases on record: 3 filed by P L Forgings, 6 filed against it. 1 case is pending and 8 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 5 | 2 | 0 |
| District courts | 4 | 4 | 1 |
Cases on record (5 of 9)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ludhiana, Punjab | Appeal | Filed against the company by M/S Veekay Concast P Ltd | Pending |
| High Court of Punjab and Haryana | Criminal miscellaneous application | Filed against the company by M/S Veekay Concast P Ltd | Disposed |
| District court, Fatehgarh Sahib, Punjab | Civil suit | Filed against the company by Ms Bansal Alloys and Metals Pvt Ltd | Disposed |
| District court, Ludhiana, Punjab | Commercial suit | Filed against the company by Bhushan Power and Steel | Disposed |
| High Court, PUNJAB | Writ petition | Filed against the company by State Bank of India | Disposed |
To see the full case history of P L Forgings 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 P L Forgings Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
P L Forgings has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 03AACCP1280A1Z7 | Punjab | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of P L Forgings Private Limited, buy the company report.
Recent activity
P L Forgings Private Limited has 2 board changes on record since 1998: 2 appointments. The latest: Akhilesh Chander Katiyar was appointed as Director on 20 Jan 1998.
Frequently asked questions
P L Forgings is an active private limited company based in Punjab, India. The company works in metal foundry and fabrication services, within the engineering industry. It was incorporated on 20 January 1998 (28+ years old) and is registered under CIN U27106PB1998PTC020980.
P L Forgings has 2 current directors:
- Ashit Katiyar - Director
- Akhilesh Chander Katiyar - Director
The latest financial statements of P L Forgings on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 30 September 2019. Year-wise statements from 2015 are in the company report.
The GSTIN of P L Forgings is 03AACCP1280A1Z7, registered in Punjab.
The CIN (Corporate Identification Number) of P L Forgings is U27106PB1998PTC020980. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
P L Forgings has 9 court cases on record: 3 filed by the company and 6 filed against it. 1 is pending. Most are in the high courts.
P L Forgings was incorporated on 20 January 1998, making it 28+ years old. It is registered with the Registrar of Companies, Chandigarh.
The peers of P L Forgings by revenue are Be Device Engineering Private Limited, Rarp Engineering & Recycling (OPC) Private Limited, B C I Bearings Private Limited, Willmore Technologies Private Limited, Lalita Infraprojects Private Limited and 5 more, all in the Engineering industry (Foundry and Fabrication).
Akhilesh Chander Katiyar was appointed as Director on 20 Jan 1998. Ashit Katiyar was appointed as Director on 20 Jan 1998.
P L Forgings can be reached through the website plforging.in. Its registered office is in Punjab, India.
The registered office of P L Forgings is at G T Roaddoraha Ludhiana, Punjab, India.