About Western India Forgings Pvt Ltd
Data last updated:
Western India Forgings Pvt Ltd is a private limited company based in Pune, Maharashtra, India. It operates in the metal foundry and fabrication services segment of the engineering sector. It was incorporated on 30 March 1981 and has been in existence for over 45 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U28910PN1981PTC024155. Its GSTIN is 27AAACW2628M1Z1 (Maharashtra). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹21 Cr and a paid-up capital of ₹9.5 Cr. It was formerly known as Western India Forgings Ltd. It is led by directors including Arun Krishankumar Jindal (Managing Director) and Shubham Arun Jindal (Managing Director).
Its last annual general meeting (AGM) was held on 10 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Gat No 163 Off Nagar Road Sanaswadi Tal. Shirur, Pune, Maharashtra, India – 412208.
As per the financials filed for FY 2025, the company reported a revenue of ₹649.99 Cr, a decline of 4% compared to the previous year. For the same year it recorded a net profit of ₹48.42 Cr (net margin 7.4%) and EBITDA of ₹85.12 Cr (EBITDA margin 13.1%). Revenue has grown at a compounded annual rate (CAGR) of 7% over three years and 11% over five years.
The company has about 257 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
The company is associated with 1 brand: Western India Forgings. As per MCA filings, the company has open charges of ₹183.2 Cr and satisfied charges of ₹358.89 Cr on record. Court records list 19 cases involving the company, including 14 filed by the company and 5 filed against it; 4 cases are 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 westerindiaforgings.com.
Company details
CIN history
Western India Forgings has one previous CIN (Corporate Identification Number): U28910MH1981PTC024155. The current CIN is U28910PN1981PTC024155, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U28910PN1981PTC024155 | Current |
| U28910MH1981PTC024155 | Previous |
Contact details
Western India Forgings Pvt Ltd's registered office is in Pune, Maharashtra. Its website is westerindiaforgings.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressGat No 163 Off Nagar Road Sanaswadi Tal. Shirur, Pune, Maharashtra, India – 412208
- IndustryEngineering, Metal Foundry & Fabrication Services
To see the full contact details of Western India Forgings Pvt Ltd, 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
Brands
Western India Forgings operates one associated brand: Western India Forgings. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Forging services including open die, closed die, and ring rolling are provided in India. | westernindiaforgings.com |
Business activity
The main business activity of Western India Forgings is manufacturing. In detail, this covers metal and metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products |
To see the full business activity and turnover split of Western India Forgings Pvt Ltd, buy the company report.
Financials of Western India Forgings Pvt Ltd
FY 2024 filings availableWestern India Forgings Pvt Ltd reported revenue of ₹649.99 Cr (down 4% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 4% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 11%. EBITDA fell 18% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹85.12 Cr | ||||
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| Net Profit (PAT) | ₹48.42 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 13.1% | ||||
| Net Profit Margin | 7.4% | ||||
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To see the full financial statements and ratios of Western India Forgings Pvt Ltd, buy the company report.
Board of directors of Western India Forgings Pvt Ltd
Western India Forgings has 4 current directors and 12 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Suresh Subramaniam | Director | 31 Jan 2025 | 1 Years 9 Months | Current |
| Arun Krishankumar Jindal Also directs: Kran Rader Infra LLP, Krishanveer Forge Limited | Managing Director | 01 Feb 2020 | 6 Years 9 Months | Current |
| Shubham Arun Jindal Also directs: Kran Rader Infra LLP | Managing Director | 17 Sep 2016 | 10 Years 1 Months | Current |
| Dhananjay Mansingrao Patil | Director | 30 Mar 2023 | 3 Years 7 Months | Current |
Peer comparison
Western India Forgings Pvt Ltd is compared with the 5 companies closest to it by revenue in the Engineering industry (Foundry and Fabrication), with the same principal business activity (metal and metal products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Welspun Specialty Solutions Limited | ₹749.09 Cr (FY 2025) | 4.0% | Jhagadia, Gujarat, India | |||
| Taikisha Engineering India Private Limited | ₹725.15 Cr (FY 2025) | 8.0% | New Delhi, Delhi, India | |||
| Western India Forgings Pvt Ltdthis company | ₹649.99 Cr (FY 2025) | ₹48.42 Cr | 7.4% | -4.0% | 257 | Pune, Maharashtra, India |
| Amns Gandhidham Limited | ₹614.74 Cr (FY 2024) | 7.0% | Surat, Gujarat, India | |||
| Madhav KRG HRC Private Limited | ₹608.04 Cr (FY 2025) | 9023.0% | Delhi, India | |||
| Kasturi Foundry Private Limited | ₹582.18 Cr (FY 2025) | 9.0% | Kolhapur, Maharashtra, India |
To see the full peer comparison of Western India Forgings Pvt Ltd, buy the company report.
Auditor
Western India Forgings Pvt Ltd is audited by SONIYA & CO for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SONIYA & CO | FY 2022 | 147104W |
Shareholding
The shareholding of Western India Forgings Pvt Ltd is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Western India Forgings Pvt Ltd, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 31 Aug 2016 | 100048529 | Sbicap Trustee Company Limited | ₹183.2 Cr | Open | |
| 12 Feb 2019 | 100252422 | Others | ₹63.2 Cr | Satisfied | |
| 29 Oct 2018 | 100217014 | Others | ₹30 Cr | Satisfied | |
| 22 Oct 2018 | 100216136 | Hdfc Bank Limited | ₹17 Lakh | Satisfied | |
| 27 Apr 2018 | 100193282 | Hdfc Bank Limited | ₹10.88 Lakh | Satisfied |
To see the full charge records of Western India Forgings Pvt Ltd, buy the company report.
Total charge records: 11 View all charges
Legal cases
Western India Forgings Pvt Ltd has 19 court cases on record: 14 filed by Western India Forgings, 5 filed against it. 4 cases are pending and 15 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 12 | 2 | 3 |
| High courts | 5 | 1 | 1 |
| Supreme Court | 2 | 2 | 0 |
Cases on record (5 of 19)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Pune, Maharashtra | Commercial suit | Filed by the company against Tarun Trilok Khera, Authorised Director of Trina Nre Transportation Limited | Pending |
| District court, Pune, Maharashtra | Commercial suit | Filed by the company against Balu Forge Industries Limited Through Jaspal Singh Chandok and 1 other | Pending |
| District court, Calcutta, West Bengal | Court case (TS) | Filed against the company by Vikrant Forge Limited | Disposed |
| District court, Pune, Maharashtra | Civil suit | Filed by the company against Ms. Anupam Industries Ltd Etc 1 | Disposed |
| District court, Pune, Maharashtra | Civil suit | Filed against the company by The State of Maharashtra | Pending |
To see the full case history of Western India Forgings Pvt Ltd, 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.
Credit ratings & regulatory alerts
Western India Forgings Pvt Ltd was last rated by Indiarating on 18 Feb 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Indiarating | 18 Feb 2021 |
To see the full credit ratings and regulatory alerts of Western India Forgings Pvt Ltd, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Western India Forgings Pvt Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Western India Forgings has 1 subsidiary company. This group structure data is as of FY 2022. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Krishanveer Forge Limited | L28910PN1990PLC056985 |
To see the full group structure of Western India Forgings Pvt Ltd, buy the company report.
Employees & EPFO
Western India Forgings Pvt Ltd has a workforce of 257 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.
GST
Western India Forgings has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACW2628M1Z1 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Western India Forgings Pvt Ltd, buy the company report.
Recent activity
Western India Forgings Pvt Ltd has 14 board changes on record since 2008: 4 appointments and 10 cessations. The latest: Suresh Subramaniam ceased to be Additional Director on 29 Sep 2025.
30 earlier events are in the company report.
Frequently asked questions
Western India Forgings is an active private limited company based in Pune, Maharashtra, India. The company works in metal foundry and fabrication services, within the engineering industry. It was incorporated on 30 March 1981 (45+ years old) and is registered under CIN U28910PN1981PTC024155.
Western India Forgings has 4 current directors:
- Arun Krishankumar Jindal - Managing Director
- Shubham Arun Jindal - Managing Director
- Suresh Subramaniam - Director
- Dhananjay Mansingrao Patil - Director
The latest financial statements of Western India Forgings on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 10 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Western India Forgings is 27AAACW2628M1Z1, registered in Maharashtra. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Western India Forgings is U28910PN1981PTC024155. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Western India Forgings has 19 court cases on record: 14 filed by the company and 5 filed against it. 4 are pending. Most are in the district courts.
Western India Forgings was incorporated on 30 March 1981, making it 45+ years old. It is registered with the Registrar of Companies, Pune.
The peers of Western India Forgings by revenue are Welspun Specialty Solutions Limited, Taikisha Engineering India Private Limited, Amns Gandhidham Limited, Madhav KRG HRC Private Limited, Kasturi Foundry Private Limited, all in the Engineering industry (Foundry and Fabrication), with the same principal business activity (metal and metal products).
Suresh Subramaniam ceased to be Additional Director on 29 Sep 2025. Suresh Subramaniam was appointed as Director on 31 Jan 2025. Dhananjay Mansingrao Patil ceased to be Additional Director on 29 Sep 2023. Western India Forgings has 14 board changes on record in total.
Western India Forgings can be reached through the website westerindiaforgings.com. Its registered office is in Pune, Maharashtra, India.
The registered office of Western India Forgings is at Gat No 163 Off Nagar Road Sanaswadi Tal. Shirur, Pune, Maharashtra, India – 412208.
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