Forbes Technosys Limited - Company overview

Forbes Technosys is an MCA-registered Indian company: a Public Limited Indian Non-Government Company (CIN U29290MH1991PLC062425). Business o…

1991-07-09 Mumbai, Maharashtra Under Cirp Unlisted Active Compliant
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FT Forbes Technosys Limited

Key Metrics

AUTHORISED CAPITAL
169.05 cr
PAID-UP CAPITAL
94.90 Lakh
COMPANY AGE
34 Years 10 Months
since 1991-07-09
LAST FILING WITH ROC
2024-03-31
Last AGM: 2024-08-23
OPEN CHARGES
1
-152.90 cr
SATISFIED CHARGES
12
154.10 cr
REVENUE
PROFIT / LOSS
EBITDA
NET WORTH
TOTAL ASSETS
TOTAL MONEY RAISED
ACTIVE GST
1
Updated: 2025-01-01 12:32:09

About Forbes Technosys

Forbes Technosys is an MCA-registered Indian company: a Public Limited Indian Non-Government Company (CIN U29290MH1991PLC062425). Business overview includes Financial Services (Digital Payment Solutions), incorporated on July 09, 1991 (35+ years old), headquartered in Mumbai, Maharashtra, India. The company is currently Under Cirp with Active Compliant compliance status. For FY 2022, the company reported revenue of ₹12.91 Cr with a loss of ₹42.23 Cr. It has 6 active directors. The company employs approximately 6 people. Its latest credit rating is BB+ by Icra.

Digital Payment Solutions
  • Location Ground Floor, Torana Apartment, Mumbai, Maharashtra - 400099
  • Website forbestechnosys.com
Name History
CIN / LLPINU29290MH1991PLC062425
Company No.062425
ClassificationPublic Limited Indian Non-Government Company
Incorporation Date1991-07-09
Date of AGM2024-08-23
Date of Balance Sheet2024-03-31
Listing StatusUnlisted
ROC CodeRoc Mumbai
Credit RatingBB+ (Icra)
PAN
LEI Number
Active ComplianceActive Compliant

Financial Performance of Forbes Technosys

Revenue Over The Year
2019 · 2020 · 2021 · 2022 · 2023 · 2024 · 2025
Growth (7 Year) ▲ 38.3% Growth (3 Year) ▼ -9.9%
Profit/Loss Over The Year
2019 · 2020 · 2021 · 2022 · 2023 · 2024 · 2025
Growth (7 Year) ▼ 65.1% Growth (3 Year) ▼ 60.7%
Values are in Mixed (K, L, Cr)
Metrics FY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019
Revenue 2,20,083.04 cr2,35,431.21 cr2,51,890.00 cr2,18,400.00 cr1,95,200.00 cr1,72,000.00 cr1,59,000.00 cr
Profit/Loss 13,969.70 cr 4,810.00 cr 12,200.00 cr 9,100.00 cr -8,200.00 cr 3,200.00 cr 5,100.00 cr
Cash & Bank Balance 38,200.00 cr35,100.00 cr32,000.00 cr28,500.00 cr25,200.00 cr22,000.00 cr19,800.00 cr
Net Worth 1,26,731.94 cr1,37,500.00 cr1,40,200.00 cr1,28,000.00 cr1,15,000.00 cr1,02,000.00 cr95,000.00 cr
EBITDA 27,865.49 cr29,800.00 cr30,200.00 cr27,000.00 cr24,500.00 cr22,000.00 cr20,100.00 cr

Financial Ratios

Revenue P/L EBITDA

Values in Crores (Cr) - illustrative trend

FY 2021 - FY 2025
Key Insights (FY 2025)
Revenue2,20,083.04 cr ▼ 6.5%
Profit/Loss13,969.70 cr ▲ 190.6%
EBITDA27,865.49 cr
Net Profit Margin10.54%
Debt/Equity0.47
Current Ratio0.88
Return on Equity12.3%
Ratio FY 2025FY 2024FY 2023FY 2022FY 2021
Net Profit Margin10.543.202.101.800.50
Debt to EBITDA2.141.901.701.501.20
Interest Coverage Ratio0.470.500.450.400.35
Debt to Equity0.880.900.850.800.75
Return on Equity12.103.002.001.500.20
Current Ratio1.201.151.101.050.99
Quick Ratio0.950.920.880.850.80
EBITDA Margin12.0010.008.007.005.00
Return on Capital Employed8.002.001.000.200.00
Earning Per Share4.000.000.000.000.00

Shareholding Pattern

Shareholding Pattern (FY 2025)
  • Promoters 33.19%
  • DII 23.22%
  • FII 18.28%
  • Public 22.89%
  • Others 2.42%
Shareholding Pattern over the Year
Category 20252024202320222021
Promoters33.19%33.50%33.80%34.00%34.41%
DII23.22%22.90%22.50%22.10%21.80%
FII18.28%18.00%17.60%17.20%16.90%
Public22.89%23.10%23.50%24.00%24.20%
Others2.42%2.50%2.60%2.70%2.69%
Subsidiaries Company (6)
TAYO ROLLS LIMITED
54.91% held
THE TATA PIGMENTS LIMITED
100% held
CERAMAT PRIVATE LIMITED
90% held
BHUSHAN STEEL (SOUTH) LIMITED
100% held
NEELACHAL ISPAT NIGAM LTD
99.68% held
TATA STEEL DOWNSTREAM PRODUCTS LIMITED
100% held

EPFO Establishments (1)

MRNOI0019835000 Closed/All Member Excluded
StatusCode No Allotted Was Before Online Registration Started.
ActivityPaper
StateUttar Pradesh
Coverage07-JUN-1995

Current Directors (6)

R
IRP/RP/Liquidator | Since 2025-06-09
S
CFO | Since 2021-01-15
V
Director | Since 2019-10-14
S
CFO | Since 2021-01-15
R
Managing Director | Since 2021-03-16
J
Director | Since 2016-11-03

Charges Overview

Axis Bank Limited : 20.64 cr
Others : 16.55 cr
Open Charges: 1 Satisfied Charges: 12
Open -152.90 cr
Satisfied 154.10 cr
LenderAmountStatus
Others
Creation Date: 18 Aug 2023
55.40 Lakh Closed
Axis Bank Limited
Creation Date: 18 Aug 2023
64.25 Lakh Open
Others
Creation Date: 07 Mar 2019
4.00 cr Closed

Business Activity

Activity GroupDescriptionTurnover %
Manufacturing-33.21
Support service to Organizations-57.32
Trade-9.47

Flagged By Authority

Regulatory and exchange flags (preview)

Frequently Asked Questions about Forbes Technosys
What is CIN of Forbes Technosys?
The Corporate Identification Number (CIN) for Forbes Technosys is U29290MH1991PLC062425. CIN is a distinct identification code allotted by the Registrar of Companies (ROC) under the Ministry of Corporate Affairs (MCA). The company registration number is 062425 as per MCA.
When was Forbes Technosys incorporated?
Forbes Technosys was incorporated 34 years 10 months ago on 09 Jul 1991.
What is paid-up capital and authorised share capital of Forbes Technosys?
The paid-up capital of Forbes Technosys is ₹ 9,489,720.00 and authorised share capital is ₹ 1,690,500,000.00.
Who are the current board members and directors of Forbes Technosys?
Currently 5 directors are associated with Forbes Technosys: Rakesh Kumar Jindal, Sandeep Pramodrai Kadakia, Vinod Bhandawat, Rohit Arun Jayakar, Jai Laxmikant Mavani.
  • Rakesh Kumar Jindal
  • Sandeep Pramodrai Kadakia
  • Vinod Bhandawat
  • Rohit Arun Jayakar
  • Jai Laxmikant Mavani
What is the registered address of Forbes Technosys?
As per Ministry of Corporate Affairs (MCA), the registered address of Forbes Technosys is Ground Floor, Torana Apartment, Sahar Road, Andheri (East), Mumbai, Maharashtra, 400099, India.
What is the official website of Forbes Technosys?
The official website of Forbes Technosys is https://forbestechnosys.com.
What is the ROC code of Forbes Technosys?
Forbes Technosys ROC code is Roc Mumbai.
What is the company classification of Forbes Technosys?
Forbes Technosys is classified as Public Limited Indian Non-Government Company.
Forbes Technosys - is it listed or unlisted?
Forbes Technosys is a Unlisted company.
What is the current status of Forbes Technosys?
Forbes Technosys is currently Under Cirp and registered in Mumbai, Maharashtra, India.
What industry or business activity is Forbes Technosys associated with?
Forbes Technosys lists activity aligned with: Financial Services - Digital Payment Solutions - Manufacturing. See the Overview and Competition sections for fuller industry context.
How many employees does Forbes Technosys have?
Available records indicate roughly 6 employees for Forbes Technosys. Confirm against filings and EPFO-related signals on the profile where shown.
Does Forbes Technosys have GST registrations on file?
Forbes Technosys shows 1 active GST registration signal(s) in compliance overview data. Open the Compliance tab for GSTIN and filing context when your plan allows.
Where can I see charges and lenders for Forbes Technosys?
Use the Charges tab for MCA charge filings, charge holders, and open versus satisfied charges for Forbes Technosys.
How do I contact Forbes Technosys?
Use the official website at https://forbestechnosys.com and the registered office address on this profile for corporate contact. Infyner does not publish personal customer-care numbers unless they appear in sourced company records.
What is the turnover or revenue of Forbes Technosys?
Turnover and revenue appear in filed financial statements when available. Open the Financial tab on this profile for revenue, profit or loss, balance sheet metrics, and related MCA filings - not headline estimates.
How can I get the financial details of Forbes Technosys?
You can view revenue, profit or loss, balance sheet metrics, and related filings on the Financial tab of this company profile.
What is the net worth of Forbes Technosys (last filed snapshot)?
As per the latest financial snapshot on file for FY 2022, net worth is about ₹ -141.24 Cr. Verify figures on the Financial tab and supporting filings.