About Ring Forgings Private Limited
Data last updated:
Ring Forgings Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the metal foundry and fabrication services segment of the engineering sector. It was incorporated on 15 October 2004 and has been in existence for over 22 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U27320KA2004PTC034875. Its GSTIN is 29AACCR9302H1ZA (Karnataka).
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹49.5 Lakh. It is led by directors Vijay Bhandari and Suresh Bhandari.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at A – 283/284 6th Main 2nd Stage Peenya Industrial Estate, Bangalore, Karnataka, India – 560058.
As per the financials filed for FY 2024, the company reported a revenue of ₹89.28 Cr, a growth of 25% compared to the previous year. For the same year it recorded a net profit of ₹1.3 Cr (net margin 1.5%) and EBITDA of ₹5.1 Cr (EBITDA margin 5.7%). Revenue has grown at a compounded annual rate (CAGR) of 37% over three years and 20% over five years.
The company has about 46 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹38.3 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ringforging.com.
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- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressA – 283/284 6th Main 2nd Stage Peenya Industrial Estate, Bangalore, Karnataka, India – 560058
- 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
Business Activity of Ring Forgings Private Limited
The main business activity of Ring Forgings is manufacturing. In detail, this covers repair & installation of machinery & equipment, motor vehicles.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C12 | Repair & installation of machinery & equipment, motor vehicles | 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 Ring Forgings Private Limited FY 2024 filings available
Ring Forgings Private Limited reported revenue of ₹89.28 Cr (up 25% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Ring Forgings Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 20% over five years, including 25% growth in the latest year. EBITDA rose 24% 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 of Ring Forgings Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 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 | ₹5.1 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹1.3 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 of Ring Forgings Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 5.7% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 1.5% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Ring Forgings are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Ring Forgings Private Limited
Ring Forgings Private Limited is compared with the companies closest to it by revenue in the Engineering industry (Foundry and Fabrication). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Excellent Projects (India) Private Limited | ₹91.9 Cr (FY 2025) | •••• | •••• | -8.0% | •••• | Navi Mumbai, Maharashtra, India |
| Alm Trading Private Limited | ₹90.66 Cr (FY 2025) | •••• | •••• | -27.0% | •••• | Burdwan, West Bengal, India |
| Shree Datta Engineers Private Limited | ₹90.5 Cr (FY 2025) | •••• | •••• | 37.0% | •••• | Surat, Gujarat, India |
| Spectron Engineers Private Limited | ₹90.32 Cr (FY 2024) | •••• | •••• | 12.0% | •••• | Mumbai, Maharashtra, India |
| Pranjal Projects Private Limited | ₹90.16 Cr (FY 2025) | •••• | •••• | 10.0% | •••• | New Delhi, Delhi, India |
| Ring Forgings Private Limited this company | ₹89.28 Cr (FY 2024) | •••• | •••• | 25.0% | •••• | Bangalore, Karnataka, India |
| Neo Heights Builders & Promoters Private Limited | ₹88.7 Cr (FY 2024) | •••• | •••• | 192.0% | •••• | Attibele, Karnataka, India |
| Phenix Building Solutions Private Limited | ₹88.32 Cr (FY 2025) | •••• | •••• | -57.0% | •••• | Ahmedabad, Gujarat, India |
| Gopal Teknocon Private Limited | ₹86.36 Cr (FY 2025) | •••• | •••• | 12.0% | •••• | Visakhapatnam (Urban), Andhra Pradesh, India |
| Trikaya Coatings Private Limited | ₹85.87 Cr (FY 2025) | •••• | •••• | -4.0% | •••• | Nashik, Maharashtra, India |
| Deepjyot Engineers Private Limited | ₹85.45 Cr (FY 2024) | •••• | •••• | 43.0% | •••• | Rajkot, Gujarat, India |
Peers are the five companies nearest above and the five nearest below Ring Forgings by revenue in the Engineering industry (Foundry and Fabrication), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Ring Forgings Private Limited
Ring Forgings Private Limited is audited by RPAR & CO LLP for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| RPAR & CO LLP | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Ring Forgings Private Limited
Ring Forgings has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vijay Bhandari | Director | 01 Sep 2014 | 12 Years 1 Months | Current |
| Suresh Bhandari | Director | 15 Oct 2004 | 21 Years 11 Months | Current |
Ownership and Shareholding of Ring Forgings Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Ring Forgings Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 25 Sep 2025 | Indian Bank | ₹13.5 Lakh | Open |
| 21 Sep 2024 | Indian Bank | ₹50 Lakh | Open |
| 27 Jan 2017 | Indian Bank | ₹2 Cr | Open |
| 31 Aug 2015 | Indian Bank | ₹1.5 Cr | Open |
| 09 Nov 2006 | Indian Bank | ₹34.16 Cr | Open |
Total charge records: 5 View all charges
MSME Payment Delays by Ring Forgings Private Limited
Ring Forgings Private Limited has 7 MSME Form 1 returns on record between 2019 and 2021, listing 88 overdue payments to 35 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 (5 of 35)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Kanungo Ferromet Private Limited | •••• | •••• | •••• |
| Champion Stlles | •••• | •••• | •••• |
| Bdi India Private Limited | •••• | •••• | •••• |
| Friction Control Products Private Limited | •••• | •••• | •••• |
| Jailaxmi Casting and Alloys Private Limited | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 7 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Employees and EPFO Compliance at Ring Forgings Private Limited
Ring Forgings Private Limited has a workforce of 46 employees as of Mar 27, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Ring Forgings Private Limited
Ring Forgings Private Limited has 6 board changes on record since 2004: 2 appointments and 4 cessations. The latest: Komal Bhandari ceased to be Director on 14 Jul 2023.
3 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Ring Forgings Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Ring Forgings Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Ring Forgings Private Limited
Ring Forgings has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AACCR9302H1ZA | Karnataka | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Ring Forgings Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Ring Forgings Private Limited
Ring Forgings is an active private limited company based in Bangalore, Karnataka, India. The company works in metal foundry and fabrication services, within the engineering industry. It was incorporated on 15 October 2004 (22+ years old) and is registered under CIN U27320KA2004PTC034875.
Ring Forgings reported revenue of ₹89.28 Cr for FY 2024 (up 25% YoY).
Ring Forgings has 2 current directors:
- Vijay Bhandari - Director
- Suresh Bhandari - Director
Ring Forgings reported a net profit of ₹1.3 Cr (net margin 1.5%) and EBITDA of ₹5.1 Cr (EBITDA margin 5.7%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Ring Forgings is 37% over three years and 20% over five years. In the latest year (FY 2024) revenue rose 25%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Ring Forgings is 29AACCR9302H1ZA, registered in Karnataka.
The CIN (Corporate Identification Number) of Ring Forgings is U27320KA2004PTC034875. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ring Forgings was incorporated on 15 October 2004, making it 22+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Ring Forgings by revenue are Excellent Projects (India) Private Limited, Alm Trading Private Limited, Shree Datta Engineers Private Limited, Spectron Engineers Private Limited, Pranjal Projects Private Limited and 5 more, all in the Engineering industry (Foundry and Fabrication).
Komal Bhandari ceased to be Director on 14 Jul 2023. Vijay Bhandari ceased to be Additional Director on 30 Sep 2014. Sangeetha Bhandari ceased to be Director on 06 Sep 2014. Ring Forgings has 6 board changes on record in total.
Ring Forgings has 7 MSME Form 1 returns on record between 2019 and 2021, listing 88 overdue payments to 35 micro and small suppliers. The latest return was filed on 01 Dec 2021.
Ring Forgings can be reached through the website ringforging.com. Its registered office is in Bangalore, Karnataka, India.