About Paramount Speciality Forgings Limited
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Paramount Speciality Forgings Limited is a public limited company based in Mumbai, Maharashtra, India. It operates in the metal foundry and fabrication services segment of the engineering sector. It was incorporated on 05 May 2023.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN L24109MH2023PLC402307. Its GSTIN is 27AANCP7365B1Z6 (Maharashtra). Its shares are listed on NSE: PSFL.
The company has an authorised share capital of ₹20 Cr and a paid-up capital of ₹19.68 Cr. It is led by directors including Aliasgar Roshan Hararwala (Managing Director) and Kurian Pallathuseril Chandy.
Its last annual general meeting (AGM) was held on 25 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Mumbai, Maharashtra.
As per the latest standalone financials for FY 2025-26, the company reported a revenue of ₹119.96 Cr, a growth of 9.1% compared to the previous year. For the same year it recorded a net profit of ₹4.2 Cr (net margin 3.5%) and EBITDA of ₹7.49 Cr (EBITDA margin 6.2%). The net worth stands at ₹56.24 Cr (up 8.2% YoY). Total assets are valued at ₹85.55 Cr (up 5.3% YoY).
The company is associated with 1 brand: Paramountforge. As per MCA filings, the company has open charges of ₹62.13 Cr and satisfied charges of ₹26.34 Cr on record. The company has 1 deal on record (1 ipo); the latest was in September 2024. Its 10 peer companies in the Machinery and Equipment industry (Foundry and Fabrication, Tools and Components) are compared by revenue, 5 larger and 5 smaller; the largest is Bakgiyam Engineering Private Limited with revenue of ₹111.93 Cr.
For more details, the company can be reached via its website paramountforge.com.
CIN History of Paramount Speciality Forgings Limited
Paramount Speciality Forgings has one previous CIN (Corporate Identification Number): U24109MH2023PLC402307. The current CIN is L24109MH2023PLC402307, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L24109MH2023PLC402307 | Current |
| U24109MH2023PLC402307 | Previous |
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered AddressUnit 711A 7th Floor Ncp Lodha Supremus Commercial, Lodha New Cuffe Parade Wadala (East), Mumbai, Maharashtra, India – 400037
- IndustryEngineering, Metal Foundry & Fabrication Services
- 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
- One PDF report, delivered after checkout
Associated Brands with Paramount Speciality Forgings Limited
Paramount Speciality Forgings operates one associated brand: Paramountforge. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturer of high-quality forgings for heavy industries | paramountforge.com |
Business Activity of Paramount Speciality Forgings Limited
The main business activity of Paramount Speciality Forgings is manufacturing. In detail, this covers manufacture of fabricated metal products, except machinery and equipment.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | 25 | Manufacture of fabricated metal products, except machinery and equipment | 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 Paramount Speciality Forgings Limited FY 2025-26 filings available
Paramount Speciality Forgings Limited reported revenue of ₹119.96 Cr (up 9.1% YoY) for FY 2025-26.
Financial Highlights
FY 2025-26 · StandaloneRevenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|---|
| Income statement | ||||||
| Revenue | 120 | 110 | 113 | 110 | 87.58 | 51.63 |
| Revenue growth | +9.1% | -2.5% | +2.2% | +26.0% | +69.6% | - |
| EBITDA | 7.49 | 8.51 | 13.34 | 5.75 | 3.33 | 6.04 |
| EBITDA margin | +6.2% | +7.7% | +11.8% | +5.2% | +3.8% | +11.7% |
| Profit before tax | 5.70 | 5.86 | 10.07 | 3.59 | 3.83 | (0.54) |
| Net profit | 4.20 | 4.45 | 7.28 | 2.77 | (0.10) | (0.26) |
| Net profit margin | +3.5% | +4.1% | +6.5% | +2.5% | -0.1% | -0.5% |
| EPS (₹) | 2.16 | 2.27 | 4.87 | 2,758.40 | 3,134.40 | (273.60) |
| Balance sheet | ||||||
| Total assets | 85.55 | 81.28 | 48.41 | 36.37 | 31.79 | 32.72 |
| Net worth | 56.24 | 51.98 | 22.91 | 15.66 | 19.70 | 16.57 |
| Total debt | 28.37 | 28.52 | 24.93 | 20.27 | 11.77 | 15.90 |
| Cash & bank | 6.61 | 20.12 | 0.31 | 1.06 | 1.33 | 0.45 |
| Net working capital | 51.70 | 65.20 | 36.38 | 23.62 | 17.15 | 16.58 |
| Cash flow | ||||||
| Cash from operations | 5.92 | (2.87) | (4.35) | (0.41) | 4.01 | 0.85 |
| Cash from investing | (17.20) | (9.80) | 0.33 | (0.92) | 2.54 | (0.29) |
| Cash from financing | (2.24) | 26.76 | 3.70 | 0.27 | (5.43) | (1.74) |
Financial Statements
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|---|
| Revenue | 120 | 110 | 113 | 110 | 87.58 | 51.63 |
| Revenue growth | +9.1% | -2.5% | +2.2% | +26.0% | +69.6% | - |
| Other income | 1.81 | 0.97 | 0.88 | 1.88 | 4.85 | 0.32 |
| Total expenses | 112 | 101 | 99.42 | 105 | 84.25 | 45.59 |
| Employee cost | 8.22 | 7.85 | 7.28 | 6.29 | 5.30 | 4.30 |
| EBITDA | 7.49 | 8.51 | 13.34 | 5.75 | 3.33 | 6.04 |
| EBITDA margin | +6.2% | +7.7% | +11.8% | +5.2% | +3.8% | +11.7% |
| Depreciation | 1.50 | 1.43 | 2.02 | 2.61 | 3.04 | 4.68 |
| Interest | 2.10 | 2.19 | 2.13 | 1.43 | 1.31 | 2.22 |
| Profit before tax | 5.70 | 5.86 | 10.07 | 3.59 | 3.83 | (0.54) |
| Tax | 1.44 | 1.41 | 2.81 | 0.82 | 0.70 | (0.28) |
| Net profit | 4.20 | 4.45 | 7.28 | 2.77 | (0.10) | (0.26) |
| Net profit margin | +3.5% | +4.1% | +6.5% | +2.5% | -0.1% | -0.5% |
| EPS (₹) | 2.16 | 2.27 | 4.87 | 2,758.40 | 3,134.40 | (273.60) |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|---|
| Equity & liabilities | ||||||
| Share capital | 19.68 | 19.68 | 14.88 | 0.01 | 0.01 | 0.01 |
| Reserves & surplus | 36.56 | 32.30 | 8.03 | 15.65 | 19.69 | 16.56 |
| Shareholders' funds (net worth) | 56.24 | 51.98 | 22.91 | 15.66 | 19.70 | 16.57 |
| Secured loans | 22.34 | 22.38 | 18.13 | 13.47 | 11.77 | 12.24 |
| Unsecured loans | 6.03 | 6.14 | 6.80 | 6.80 | 0.00 | 3.66 |
| Total debt | 28.37 | 28.52 | 24.93 | 20.27 | 11.77 | 15.90 |
| Total liabilities | 85.55 | 81.28 | 48.41 | 36.37 | 31.79 | 32.72 |
| Assets | ||||||
| Gross block | 53.75 | 51.75 | 48.30 | 47.95 | 46.51 | 45.90 |
| Net block | 13.05 | 12.56 | 9.24 | 10.91 | 12.08 | 13.64 |
| Capital work in progress | 15.07 | 1.27 | 0.04 | 0.00 | 0.36 | 0.13 |
| Investments | 0.00 | 0.05 | 0.05 | 0.05 | 0.05 | 0.05 |
| Inventories | 51.19 | 46.28 | 38.54 | 29.42 | 17.58 | 16.97 |
| Sundry debtors | 25.25 | 20.61 | 16.35 | 17.21 | 12.65 | 8.61 |
| Cash & bank balances | 6.61 | 20.12 | 0.31 | 1.06 | 1.33 | 0.45 |
| Loans & advances | 10.65 | 12.72 | 14.56 | 11.80 | 8.30 | 6.63 |
| Total current assets | 93.70 | 99.73 | 69.76 | 59.49 | 39.86 | 32.66 |
| Total current liabilities | 42.00 | 34.53 | 33.38 | 35.87 | 22.71 | 16.08 |
| Net working capital | 51.70 | 65.20 | 36.38 | 23.62 | 17.15 | 16.58 |
| Total assets | 85.55 | 81.28 | 48.41 | 36.37 | 31.79 | 32.72 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|---|
| Opening cash | 14.10 | 0.01 | 0.32 | 1.21 | 0.08 | 1.26 |
| Net cash from operating activities | 5.92 | (2.87) | (4.35) | (0.41) | 4.01 | 0.85 |
| Net cash from investing activities | (17.20) | (9.80) | 0.33 | (0.92) | 2.54 | (0.29) |
| Net cash from financing activities | (2.24) | 26.76 | 3.70 | 0.27 | (5.43) | (1.74) |
| Net change in cash | (13.52) | 14.09 | (0.31) | (1.06) | 1.13 | (1.18) |
| Closing cash | 6.61 | 20.12 | 0.31 | 1.06 | 1.33 | 0.45 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|---|
| Growth | ||||||
| Sales growth | +9.1% | -2.5% | +2.2% | +26.0% | +69.6% | - |
| EBITDA growth | -12.0% | -36.2% | +132.0% | +72.7% | -44.9% | - |
| PBT growth | -2.7% | -41.8% | +180.5% | -6.3% | +9998.0% | +9997.0% |
| Net income growth | -5.6% | -38.9% | +162.8% | +2870.0% | +61.5% | - |
| Revenue CAGR (3Y) | +2.8% | +7.9% | +29.7% | - | - | - |
| EBITDA CAGR (3Y) | +9.2% | +36.7% | +30.2% | - | - | - |
| Profitability & leverage | ||||||
| Net income margin | +3.6% | +4.1% | +6.4% | +2.5% | +3.6% | -0.5% |
| Return on capital employed | +9.4% | +12.4% | +28.8% | +14.7% | +2.8% | +5.1% |
| Return on net worth | +7.9% | +11.9% | +37.6% | +15.6% | -0.6% | -1.6% |
| Debt / equity | 0.53 | 0.71 | 1.17 | 0.91 | 0.76 | 0.96 |
| Long-term debt / equity | 0.02 | 0.01 | 0.02 | 0.07 | 0.11 | 0.13 |
| Interest cover | 35.06 | 30.93 | 18.82 | 45.54 | 451.72 | 163.24 |
| Efficiency & per share | ||||||
| Fixed asset turnover | 2.27 | 2.20 | 2.34 | 2.34 | 1.90 | 1.12 |
| Inventory turnover | 2.46 | 2.59 | 3.32 | 4.70 | 5.07 | 3.04 |
| Debtors turnover | 5.23 | 5.95 | 6.72 | 7.39 | 8.24 | 6.00 |
| EPS (₹) | 2.16 | 2.27 | 4.87 | 2,758.40 | 3,134.40 | (273.60) |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 28.57 | 26.41 | 15.40 | 15,661.40 | 19,704.90 | 16,570.50 |
Board of Directors of Paramount Speciality Forgings Limited
Paramount Speciality Forgings has 6 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kurian Pallathuseril Chandy | Director | 28 Sep 2023 | 3 Years 0 Months | Current |
| Apurva Pradeep Joshi Also directs: Kataline Limited, Associated Alcohols & Breweries Ltd., Precision Camshafts Limited and 5 more | Director | 28 Sep 2023 | 3 Years 0 Months | Current |
| Aliasgar Abdulla Bhagat | Director | 05 May 2023 | 3 Years 5 Months | Current |
| Aliasgar Roshan Hararwala | Managing Director | 05 May 2023 | 3 Years 5 Months | Current |
| Mohammed Salim Hararwala | Director | 05 May 2023 | 3 Years 5 Months | Current |
| Satish Madhav Shenoy Also directs: Indoco Remedies Limited, Kataline Limited | Director | 11 Jul 2026 | 0 Years 3 Months | Current |
Peer Comparison of Paramount Speciality Forgings Limited
Paramount Speciality Forgings Limited is compared with the companies closest to it by revenue in the Machinery and Equipment industry (Foundry and Fabrication, Tools and Components). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Paramount Speciality Forgings Limited this company | ₹119.96 Cr (FY 2026) | •••• | •••• | 9.1% | •••• | Mumbai, Maharashtra, India |
| Bakgiyam Engineering Private Limited | ₹111.93 Cr (FY 2025) | •••• | •••• | -1.0% | •••• | Coimbatore, Tamil Nadu, India |
| Vimal Moulders (India) Private Limited | ₹111.84 Cr (FY 2025) | •••• | •••• | 29.0% | •••• | New Delhi, Delhi, India |
| SL Polycoat Private Limited | ₹111.21 Cr (FY 2025) | •••• | •••• | 5.0% | •••• | Pune, Maharashtra, India |
| SW Metaform Private Limited | ₹111.15 Cr (FY 2025) | •••• | •••• | 17.0% | •••• | Nashik, Maharashtra, India |
| Elyon Divine Components Private Limited | ₹111.09 Cr (FY 2025) | •••• | •••• | 43.0% | •••• | Pune, Maharashtra, India |
| Kundan Industries Limited | ₹109.92 Cr (FY 2023) | •••• | •••• | 27.0% | •••• | Mumbai, Maharashtra, India |
| MGM Forgings Bharat Private Limited | ₹109.68 Cr (FY 2024) | •••• | •••• | -23.0% | •••• | Mysore, Karnataka, India |
| R R Autotech Private Limited | ₹109.32 Cr (FY 2025) | •••• | •••• | 1.0% | •••• | New Delhi, Delhi, India |
| A S P Pvt Ltd | ₹108.98 Cr (FY 2025) | •••• | •••• | 1.0% | •••• | West Benga, West Bengal, India |
| Austin Engineering Company Limited Listed | ₹108.78 Cr (FY 2025) | •••• | •••• | -5.0% | •••• | Junagadh, Gujarat, India |
Peers are the five companies nearest above and the five nearest below Paramount Speciality Forgings by revenue in the Machinery and Equipment industry (Foundry and Fabrication, Tools and Components), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Charges & Borrowings of Paramount Speciality Forgings Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 20 Aug 2026 | Hdfc Bank Limited | ₹4.23 Cr | Open |
| 17 Dec 2021 | Hdfc Bank Limited | ₹57.5 Cr | Open |
| 21 Oct 2021 | Union Bank of India | ₹20 Lakh | Open |
| 21 Oct 2021 | Union Bank of India | ₹20 Lakh | Open |
| 22 Oct 2020 | Union Bank of India | ₹23.36 Cr | Satisfied |
Total charge records: 6 View all charges
Deals & Funding of Paramount Speciality Forgings Limited
Paramount Speciality Forgings Limited has 1 deal on record (1 ipo); the latest was in September 2024.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2024 | IPO | ₹31.66 Cr | Investors: IPO - Paramount Speciality Forgings Limited, India Equity Fund 1, Vikasa India Eif I Fund Seller: 4 individuals |
Full deal history
All 1 deals with amounts, valuations, instruments and every party are in the company report.
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Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Employees and EPFO Compliance at Paramount Speciality Forgings Limited
Employment history and EPFO contributions of people linked to Paramount Speciality Forgings.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
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Recent Activity on Paramount Speciality Forgings Limited
Paramount Speciality Forgings Limited has 11 board changes on record since 2023: 7 appointments and 4 cessations. The latest: Satish Madhav Shenoy was appointed as Director on 11 Jul 2026.
11 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Paramount Speciality Forgings Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
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MSME Payment Delays by Paramount Speciality Forgings Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
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Subsidiaries & Group Companies of Paramount Speciality Forgings Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
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GST Compliance of Paramount Speciality Forgings Limited
Paramount Speciality Forgings has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AANCP7365B1Z6 | Maharashtra | Active | 21 Jun 2023 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
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MCA Filings & Documents of Paramount Speciality Forgings Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
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Frequently Asked Questions about Paramount Speciality Forgings Limited
Paramount Speciality Forgings is an active public limited company based in Mumbai, Maharashtra, India. The company works in metal foundry and fabrication services, within the engineering industry. It was incorporated on 05 May 2023 (3+ years old) and is registered under CIN L24109MH2023PLC402307. Listed on NSE: PSFL.
Paramount Speciality Forgings reported revenue of ₹119.96 Cr for FY 2025-26 (up 9.1% YoY) based on standalone financials.
Paramount Speciality Forgings has 6 current directors:
- Aliasgar Roshan Hararwala - Managing Director
- Kurian Pallathuseril Chandy - Director
- Apurva Pradeep Joshi - Director
- Aliasgar Abdulla Bhagat - Director
- Mohammed Salim Hararwala - Director
- Satish Madhav Shenoy - Director
The GSTIN of Paramount Speciality Forgings is 27AANCP7365B1Z6, registered in Maharashtra.
The CIN (Corporate Identification Number) of Paramount Speciality Forgings is L24109MH2023PLC402307. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. Paramount Speciality Forgings is listed on NSE with symbol PSFL.
Paramount Speciality Forgings was incorporated on 05 May 2023, making it 3+ years old. It is registered with the Registrar of Companies, Mumbai.
Paramount Speciality Forgings has 1 deal on record (1 ipo); the latest was in September 2024.
The peers of Paramount Speciality Forgings by revenue are Bakgiyam Engineering Private Limited, Vimal Moulders (India) Private Limited, SL Polycoat Private Limited, SW Metaform Private Limited, Elyon Divine Components Private Limited and 5 more, all in the Machinery and Equipment industry (Foundry and Fabrication, Tools and Components).
Satish Madhav Shenoy was appointed as Director on 11 Jul 2026. Aliasgar Abdulla Bhagat ceased to be Director on 31 Oct 2023. Apurva Pradeep Joshi ceased to be Additional Director on 19 Oct 2023. Paramount Speciality Forgings has 11 board changes on record in total.
Paramount Speciality Forgings can be reached through the website paramountforge.com. Its registered office is in Mumbai, Maharashtra, India.