Square Foundry Private Limited
About Square Foundry Private Limited
Data last updated:
Square Foundry Private Limited is a private limited company based in Kotda Sanghani, Gujarat, India. It operates in the metal foundry and fabrication services segment of the engineering sector. It was incorporated on 01 February 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U27100GJ2013PTC073485. Its GSTIN is 24AASCS6097E1ZV (Gujarat). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹1.4 Cr and a paid-up capital of ₹1.4 Cr. It is led by directors including Dharaben Sandipbhai Bhakhar and Sandipkumar Gordhanbhai Bhakhar.
Its last annual general meeting (AGM) was held on 29 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Kotda Sanghani, Gujarat.
As per the financials filed for FY 2024, the company reported a revenue of ₹12.1 Cr, a growth of 19% compared to the previous year. For the same year it recorded a net profit of ₹10.94 Lakh (net margin 0.9%) and EBITDA of ₹1.07 Cr (EBITDA margin 8.9%). Revenue has grown at a compounded annual rate (CAGR) of 14% over three years and 1% over five years.
As per MCA filings, the company has open charges of ₹9.54 Cr and satisfied charges of ₹15.45 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered AddressSurvey No. 275 P27 Plot No 4 – 1, Nr Rotomac Forging Hadmtala Industrial Area At Hadmtala Tal Kotdasangani, Kotda Sanghani, Gujarat, India – 360024
- 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
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Business Activity of Square Foundry Private Limited
The main business activity of Square Foundry is manufacturing. In detail, this covers metal and metal products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products | 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 Square Foundry Private Limited FY 2024 filings available
Square Foundry Private Limited reported revenue of ₹12.1 Cr (up 19% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Square Foundry Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 1% over five years, including 19% growth in the latest year. EBITDA rose 23% 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 Square Foundry 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 | ₹1.07 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹10.94 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 of Square Foundry Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 8.9% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 0.9% | •••• | •••• | •••• | •••• |
| 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 Square Foundry 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 Square Foundry Private Limited
Square Foundry 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 |
|---|---|---|---|---|---|---|
| Prasha Technologies Limited | ₹12.17 Cr (FY 2025) | •••• | •••• | -32.0% | •••• | Faridabad, Haryana, India |
| JP Hollandwoven Private Limited | ₹12.15 Cr (FY 2025) | •••• | •••• | -53.0% | •••• | Gautam Buddha Nagar, Uttar Pradesh, India |
| Adler Robotics Private Limited | ₹12.15 Cr (FY 2025) | •••• | •••• | 481.0% | •••• | Gurugram, Haryana, India |
| Technicoat India Private Limited | ₹12.1 Cr (FY 2025) | •••• | •••• | -59.0% | •••• | Pune, Maharashtra, India |
| Gi Global Chemical Private Limited | ₹12.1 Cr (FY 2025) | •••• | •••• | -46.0% | •••• | Asansol, West Bengal, India |
| Square Foundry Private Limited this company | ₹12.1 Cr (FY 2024) | •••• | •••• | 19.0% | •••• | Kotda Sanghani, Gujarat, India |
| We Two Engineering Private Limited | ₹12.08 Cr (FY 2021) | •••• | •••• | -29.0% | •••• | Chennai, Tamil Nadu, India |
| Brandthought Retail Private Limited | ₹12.06 Cr (FY 2025) | •••• | •••• | -8.0% | •••• | Mumbai, Maharashtra, India |
| Shalimar Enviro Private Limited | ₹12.04 Cr (FY 2025) | •••• | •••• | 5.0% | •••• | New Delhi, Delhi, India |
| Doshi Slitters Private Limited | ₹12.01 Cr (FY 2024) | •••• | •••• | 309.0% | •••• | Mumbai, Maharashtra, India |
| Competent Infrastructure & Consulting Private Limited | ₹11.98 Cr (FY 2025) | •••• | •••• | 21.0% | •••• | Gmc, Assam, India |
Peers are the five companies nearest above and the five nearest below Square Foundry 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 Square Foundry Private Limited
Square Foundry Private Limited is audited by HITESH M DHANANI & CO. for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| HITESH M DHANANI & CO. | 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 Square Foundry Private Limited
Square Foundry has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Dharaben Sandipbhai Bhakhar | Director | 19 May 2015 | 11 Years 4 Months | Current |
| Sandipkumar Gordhanbhai Bhakhar | Director | 01 Feb 2013 | 13 Years 8 Months | Current |
| Gordhanbhai Ramjibhai Bhakhar | Director | 01 Feb 2013 | 13 Years 8 Months | Current |
Ownership and Shareholding of Square Foundry 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 Square Foundry Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 28 Feb 2024 | Others | ₹9.54 Cr | Open |
| 22 Aug 2022 | Others | ₹6 Cr | Satisfied |
| 18 Aug 2022 | Others | ₹6 Cr | Satisfied |
| 07 Feb 2014 | Others | ₹3.45 Cr | Satisfied |
Total charge records: 4 View all charges
Employees and EPFO Compliance at Square Foundry Private Limited
Employment history and EPFO contributions of people linked to Square Foundry.
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 Square Foundry Private Limited
Square Foundry Private Limited has 3 board changes on record since 2013: 3 appointments. The latest: Dharaben Sandipbhai Bhakhar was appointed as Director on 19 May 2015.
3 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Square Foundry 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.
MSME Payment Delays by Square Foundry Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Square Foundry 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 Square Foundry Private Limited
Square Foundry has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AASCS6097E1ZV | Gujarat | Active | 01 Jul 2017 |
| 24AASCS6097E1D4 | Gujarat | Active | 05 Nov 2024 |
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 Square Foundry 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 Square Foundry Private Limited
Square Foundry is an active private limited company based in Kotda Sanghani, Gujarat, India. The company works in metal foundry and fabrication services, within the engineering industry. It was incorporated on 01 February 2013 (13+ years old) and is registered under CIN U27100GJ2013PTC073485.
Square Foundry reported revenue of ₹12.1 Cr for FY 2024 (up 19% YoY).
Square Foundry has 3 current directors:
- Dharaben Sandipbhai Bhakhar - Director
- Sandipkumar Gordhanbhai Bhakhar - Director
- Gordhanbhai Ramjibhai Bhakhar - Director
Square Foundry reported a net profit of ₹10.94 Lakh (net margin 0.9%) and EBITDA of ₹1.07 Cr (EBITDA margin 8.9%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Square Foundry is 14% over three years and 1% over five years. In the latest year (FY 2024) revenue rose 19%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Square Foundry is 24AASCS6097E1ZV, registered in Gujarat. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 24AASCS6097E1D4 (Gujarat).
The CIN (Corporate Identification Number) of Square Foundry is U27100GJ2013PTC073485. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Square Foundry was incorporated on 01 February 2013, making it 13+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Square Foundry by revenue are Prasha Technologies Limited, JP Hollandwoven Private Limited, Adler Robotics Private Limited, Technicoat India Private Limited, Gi Global Chemical Private Limited and 5 more, all in the Engineering industry (Foundry and Fabrication).
Dharaben Sandipbhai Bhakhar was appointed as Director on 19 May 2015. Gordhanbhai Ramjibhai Bhakhar was appointed as Director on 01 Feb 2013. Sandipkumar Gordhanbhai Bhakhar was appointed as Director on 01 Feb 2013.
The registered office of Square Foundry is at Survey No. 275 P27 Plot No 4 – 1, Nr Rotomac Forging Hadmtala Industrial Area At Hadmtala Tal Kotdasangani, Kotda Sanghani, Gujarat, India – 360024.