Padmavati Forge Pvt Ltd - manufacturing in Kolhapur, Maharashtra, India. FY 2026 financials & compliance.
CIN U28910MH1991PTC060004 Incorporated 28 January 1991 ROC Pune HQ Kolhapur, Maharashtra, India
Active Private Limited Company manufacturing MSME · Small
Data last updated
Revenue · FY 2024
₹19.86 Cr
▼ 28% YoY
Net profit · FY 2024
₹1.47 Cr
Net margin 7.4%
EBITDA · FY 2024
₹2.3 Cr
EBITDA margin 11.6%
Authorised capital
₹20 Lakh
Registered with MCA
Paid-up capital
₹15 Lakh
Issued & subscribed
Open charges
₹37.62 Cr
Satisfied ₹6.43 Cr
Company age
35 yrs
Est. 1991
Employees · EPFO
35
Provident fund records

About Padmavati Forge Pvt Ltd

Data last updated:

Padmavati 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 28 January 1991 and has been in existence for over 35 years.

The company is registered with the Registrar of Companies (ROC), Pune, under CIN U28910MH1991PTC060004. Its GSTIN is 27AABCP0924C1ZX (Maharashtra).

The company has an authorised share capital of ₹20 Lakh and a paid-up capital of ₹15 Lakh. It is led by directors including Pradyumn Balgonda Patil and Pranav Patil.

Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Rs No 243/1A Punebangalore Road Kagal, Kolhapur, Maharashtra, India – 416216.

As per the financials filed for FY 2024, the company reported a revenue of ₹19.86 Cr, a decline of 28% compared to the previous year. For the same year it recorded a net profit of ₹1.47 Cr (net margin 7.4%) and EBITDA of ₹2.3 Cr (EBITDA margin 11.6%). Revenue has grown at a compounded annual rate (CAGR) of 26% over three years and 10% over five years.

The company has about 35 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: Padmavati Industries. As per MCA filings, the company has open charges of ₹37.62 Cr and satisfied charges of ₹6.43 Cr on record.

Padmavati Forge Pvt Ltd is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-15-0007598). The current compliance status is marked as compliant by the Registrar of Companies.

Company details

CIN U28910MH1991PTC060004
Registration Number 060004
Incorporation Date 28 January 1991
ROC Pune
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-MH-15-0007598

Recognitions & Rankings of Padmavati Forge

MSME (Udyam registered) Ministry of MSME
Category
Small (2024-25)
Udyam number
UDYAM-MH-15-0007598

Contact details

Padmavati Forge Pvt Ltd's registered office is in Kolhapur, Maharashtra. Its e-mail address is in the company report.

  • Email
  • Registered Address
    Rs No 243/1A Punebangalore Road Kagal, Kolhapur, Maharashtra, India – 416216
  • Industry
    Manufacturing, Die Casting & Metal Forming

To see the full contact details of Padmavati Forge Pvt Ltd, buy the company report.

Comprehensive company report
Padmavati Forge Pvt Ltd - 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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Brands

Padmavati Forge operates one associated brand: Padmavati Industries. Each brand links to its own profile.

BrandDescriptionWebsite
Precision machining of components for automotive, compressors, and tractors sectors.padmavatiindustries.com

Business activity

The main business activity of Padmavati Forge is manufacturing. In detail, this covers metal and metal products.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC7Metal and metal products

To see the full business activity and turnover split of Padmavati Forge Pvt Ltd, buy the company report.

Financials of Padmavati Forge Pvt Ltd

FY 2025 filings available

Padmavati Forge Pvt Ltd reported revenue of ₹19.86 Cr (down 28% YoY) for FY 2024.

Revenue · FY 2024
₹19.86 Cr ▼ 28%
Net profit · FY 2024
₹1.47 Cr margin 7.4%
EBITDA · FY 2024
₹2.3 Cr margin 11.6%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 28%
3 years · compounded
▲ 26%
5 years · compounded
▲ 10%
EBITDA CAGR growth
1 year
▼ 12%
3 years · compounded
▲ 33%
5 years · compounded
▲ 13%

Revenue fell 28% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 10%. EBITDA fell 12% 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
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₹2.3 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹1.47 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin11.6%
Net Profit Margin7.4%
Return on Equity (ROE)
Return on Capital Employed (ROCE)
Return on Assets (ROA)
Liquidity and Debt
Current Ratio
Quick Ratio
Debt-to-Equity Ratio
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 Padmavati Forge Pvt Ltd, buy the company report.

Board of directors of Padmavati Forge Pvt Ltd

Padmavati Forge has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Pradyumn Balgonda PatilDirector28 Jan 199135 Years 8 MonthsCurrent
Pranav PatilDirector01 Mar 20233 Years 7 MonthsCurrent
Padmaja Prashant PatilDirector01 Mar 20251 Years 7 MonthsCurrent

Peer comparison

Padmavati Forge Pvt Ltd is compared with the 9 companies closest to it by revenue in the Manufacturing industry (Die Casting), with the same principal business activity (metal and metal products), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Kritha Convertors Private Limited₹20.16 Cr (FY 2024)-31.0%Chennai, Tamil Nadu, India
M.M Induction Pvt Ltd₹20 Cr (FY 2024)2.0%Jaipur, Rajasthan, India
Mangalam Steelcast Private Limited₹19.9 Cr (FY 2025)-5.0%Vadodara, Gujarat, India
Stelloy Technocast Private Limited₹19.89 Cr (FY 2024)2.0%Rajkot, Gujarat, India
Padmavati Forge Pvt Ltdthis company₹19.86 Cr (FY 2024)₹1.47 Cr7.4%-28.0%35Kolhapur, Maharashtra, India
Shree M.L. Castings Private Limited₹19.81 Cr (FY 2024)-35.0%Jaipur, Rajasthan, India
Pondy Die Casting Private Limited.₹19.81 Cr (FY 2023)18.0%Sedarapet, Puducherry, India
Alox Cast Private Limited₹19.68 Cr (FY 2025)5.0%Rajkot, Gujarat, India
Kwality Die-Casting Private Limited₹19.63 Cr (FY 2024)30.0%Bharwad, Karnataka, India
Rudra Castings Private Limited₹19.62 Cr (FY 2025)-29.0%Mandi Gobindgarh, Punjab, India

To see the full peer comparison of Padmavati Forge Pvt Ltd, buy the company report.

Auditor

Padmavati Forge Pvt Ltd is audited by J. P. CHOUGULE& CO for the financial year 2023.

Auditor firmFinancial yearFirm registration number
J. P. CHOUGULE& COFY 202332239

Shareholding

The shareholding of Padmavati Forge Pvt Ltd is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Padmavati Forge Pvt Ltd, buy the company report.

Charges & borrowings

Open charges
₹37.62 Cr
Satisfied charges
₹6.43 Cr
Breakdown by lending institutions
Others₹37.56 Cr
Srei Equipment Finance Limited₹0.06 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
08 Mar 2022100557726Others₹4.25 CrOpen
26 Mar 2018100168886Others₹1.5 CrOpen
22 Aug 201410520690Srei Equipment Finance Limited₹6.2 LakhOpen
22 Mar 201310477066Others₹31.81 CrOpen
26 Mar 2018100168890Others₹1 CrSatisfied

To see the full charge records of Padmavati Forge Pvt Ltd, buy the company report.

Total charge records: 16 View all charges

MSME payment delays

Padmavati Forge Pvt Ltd has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 81 overdue payments to 4 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.

Suppliers with reported dues (4 of 4)

SupplierAmount dueDue sinceReported on
Padmavati Industries
Hrithik Tools Private Limited
Padmavati Technologies
an individual supplier

To see the full MSME payment records of Padmavati Forge Pvt Ltd, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

Employees & EPFO

Padmavati Forge Pvt Ltd has a workforce of 35 employees on its EPFO records as of Oct 09, 2025, across 1 active EPFO establishment.

Employee count
35
Active EPFO establishments
1
Employee growth
-2.78%

GST

Padmavati Forge has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
27AABCP0924C1ZXMaharashtraActive01 Jul 2017

To see the full GST registrations and return filing status of Padmavati Forge Pvt Ltd, buy the company report.

Recent activity

Padmavati Forge Pvt Ltd has 5 board changes on record since 1991: 4 appointments and 1 cessation. The latest: Padmaja Prashant Patil was appointed as Director on 01 Mar 2025.

AGM
Padmavati Forge Pvt Ltd last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Padmavati Forge Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Pune.
Appointed
Padmaja Prashant Patil was appointed as Director.
Ceased
Prashant Balgonda Patil ceased to be Managing Director.
Charges
A charge registered on 26 Mar 2018 via Charge ID 100168890 with Others was fully satisfied on 29 Mar 2023.
Charges
A charge registered on 19 Jul 2014 via Charge ID 10514294 with The Ashta Peoples Co-Operative Bank Limited was fully satisfied on 29 Mar 2023.
Charges
A charge registered on 15 Jul 2014 via Charge ID 10514378 with The Ashta Peoples Co-Operative Bank Limited was fully satisfied on 29 Mar 2023.
Charges
A charge registered on 08 Sep 2010 via Charge ID 10241860 with The Ashta Peoples Co-Operative Bank Limited was fully satisfied on 29 Mar 2023.
Appointed
Pranav Patil was appointed as Director.
Charges
A charge with Others of Rs. 425.00 Lakh registered on 08 Mar 2022 with Charge ID 100557726 was modified on 17 Jun 2022.
Charges
A charge with Others amounted to Rs. 425.00 Lakh with Charge ID 100557726 was registered on 08 Mar 2022.
Charges
A charge with Others of Rs. 3,181.00 Lakh registered on 22 Mar 2013 with Charge ID 10477066 was modified on 05 Oct 2021.

28 earlier events are in the company report.

Frequently asked questions

Padmavati 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 28 January 1991 (35+ years old) and is registered under CIN U28910MH1991PTC060004.

Padmavati Forge has 3 current directors:

The latest financial statements of Padmavati Forge on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.

The GSTIN of Padmavati Forge is 27AABCP0924C1ZX, registered in Maharashtra.

The CIN (Corporate Identification Number) of Padmavati Forge is U28910MH1991PTC060004. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Padmavati Forge was incorporated on 28 January 1991, making it 35+ years old. It is registered with the Registrar of Companies, Pune.

The peers of Padmavati Forge by revenue are Kritha Convertors Private Limited, M.M Induction Pvt Ltd, Mangalam Steelcast Private Limited, Stelloy Technocast Private Limited, Shree M.L. Castings Private Limited and 4 more, all in the Manufacturing industry (Die Casting), with the same principal business activity (metal and metal products).

Padmaja Prashant Patil was appointed as Director on 01 Mar 2025. Prashant Balgonda Patil ceased to be Managing Director on 27 Dec 2024. Pranav Patil was appointed as Director on 01 Mar 2023. Padmavati Forge has 5 board changes on record in total.

Yes, Padmavati Forge is registered as a small enterprise under Udyam registration (number: UDYAM-MH-15-0007598).

Padmavati Forge has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 81 overdue payments to 4 micro and small suppliers. The latest return was filed on 31 May 2019.

The registered office of Padmavati Forge is at Rs No 2431A Punebangalore Road Kagal, Kolhapur, Maharashtra, India – 416216.

Padmavati Forge operates in the manufacturing industry, in the die casting and metal forming segment.