Economic Forge Pvt Ltd - Company overview

Economic Forge Pvt Ltd is an MCA-registered Indian company: a Private Limited Indian Non-Government Company (CIN U28900MH1984PTC032164). Bus…

1984-02-14 Thane, Maharashtra Active Unlisted Active Compliant
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Key Metrics

AUTHORISED CAPITAL
25.00 Lakh
PAID-UP CAPITAL
20.00 Lakh
COMPANY AGE
42 Years 3 Months
since 1984-02-14
LAST FILING WITH ROC
2024-03-31
Last AGM: 2024-09-30
OPEN CHARGES
6
-7.35 cr
SATISFIED CHARGES
10
11.99 cr
REVENUE
PROFIT / LOSS
EBITDA
NET WORTH
TOTAL ASSETS
TOTAL MONEY RAISED
ACTIVE GST
1
Updated: 2023-02-23 03:25:15

About Economic Forge Pvt Ltd

Economic Forge Pvt Ltd is an MCA-registered Indian company: a Private Limited Indian Non-Government Company (CIN U28900MH1984PTC032164). Business overview includes Metals and Minerals (Steel Manufacturing & Processing), incorporated on February 14, 1984 (42+ years old), headquartered in Thane, Maharashtra, India. The company is currently Active with Active Compliant compliance status. For FY 2023, the company reported revenue of ₹104.36 Cr with a profit of ₹2.81 Cr. It has 3 active directors. The company employs approximately 53 people.

Steel Manufacturing & Processing
  • Location R 263 Itc Indl Area Rabalevillage Thane Belapur Road, Thane, Maharashtra - 400701
  • Website economicforge.com
CIN / LLPINU28900MH1984PTC032164
Company No.032164
ClassificationPrivate Limited Indian Non-Government Company
Incorporation Date1984-02-14
Date of AGM2024-09-30
Date of Balance Sheet2024-03-31
Listing StatusUnlisted
ROC CodeRoc Mumbai
PAN
LEI Number
Active ComplianceActive Compliant

Financial Performance of Economic Forge Pvt Ltd

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 (3)

S
Director | Since 1995-10-17
M
Director | Since 2015-02-16
R
Director | Since 1995-10-17

Charges Overview

Dombivli Nagari Sahakari Bank Limited : 7.80 cr
Others : 4.50 cr
Dombvli Nagrik Sahakari Bank Ltd. : 2.55 cr
Open Charges: 6 Satisfied Charges: 10
Open -7.35 cr
Satisfied 11.99 cr
LenderAmountStatus
Others
Creation Date: 22 Jun 2016
4.50 cr Open
Dombivli Nagari Sahakari Bank Limited
Creation Date: 29 Apr 2014
3.90 cr Closed
Dombivli Nagari Sahakari Bank Limited
Creation Date: 23 May 2011
3.90 cr Closed

Business Activity

Activity GroupDescriptionTurnover %
Manufacturing-100

Flagged By Authority

Regulatory and exchange flags (preview)

Frequently Asked Questions about Economic Forge Pvt Ltd
What is CIN of Economic Forge Pvt Ltd?
The Corporate Identification Number (CIN) for Economic Forge Pvt Ltd is U28900MH1984PTC032164. 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 032164 as per MCA.
When was Economic Forge Pvt Ltd incorporated?
Economic Forge Pvt Ltd was incorporated 42 years 3 months ago on 14 Feb 1984.
What is paid-up capital and authorised share capital of Economic Forge Pvt Ltd?
The paid-up capital of Economic Forge Pvt Ltd is ₹ 2,000,000.00 and authorised share capital is ₹ 2,500,000.00.
Who are the current board members and directors of Economic Forge Pvt Ltd?
Currently 3 directors are associated with Economic Forge Pvt Ltd: Sanjay Chowdhri, Mayank Ravi Shankar Jhunjhunwala, Ravi Shanker Jhunjhunwala.
  • Sanjay Chowdhri
  • Mayank Ravi Shankar Jhunjhunwala
  • Ravi Shanker Jhunjhunwala
What is the registered address of Economic Forge Pvt Ltd?
As per Ministry of Corporate Affairs (MCA), the registered address of Economic Forge Pvt Ltd is R 263 Itc Indl Area Rabalevillage Thane Belapur Road, Thane, Maharashtra, 400701, India.
What is the official website of Economic Forge Pvt Ltd?
The official website of Economic Forge Pvt Ltd is https://economicforge.com.
What is the ROC code of Economic Forge Pvt Ltd?
Economic Forge Pvt Ltd ROC code is Roc Mumbai.
What is the company classification of Economic Forge Pvt Ltd?
Economic Forge Pvt Ltd is classified as Private Limited Indian Non-Government Company.
Economic Forge Pvt Ltd - is it listed or unlisted?
Economic Forge Pvt Ltd is a Unlisted company.
What is the current status of Economic Forge Pvt Ltd?
Economic Forge Pvt Ltd is currently Active and registered in Thane, Maharashtra, India.
What industry or business activity is Economic Forge Pvt Ltd associated with?
Economic Forge Pvt Ltd lists activity aligned with: Metals and Minerals - Steel Manufacturing & Processing - Manufacturing. See the Overview and Competition sections for fuller industry context.
How many employees does Economic Forge Pvt Ltd have?
Available records indicate roughly 53 employees for Economic Forge Pvt Ltd. Confirm against filings and EPFO-related signals on the profile where shown.
Does Economic Forge Pvt Ltd have GST registrations on file?
Economic Forge Pvt Ltd 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 Economic Forge Pvt Ltd?
Use the Charges tab for MCA charge filings, charge holders, and open versus satisfied charges for Economic Forge Pvt Ltd.
How do I contact Economic Forge Pvt Ltd?
Use the official website at https://economicforge.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 Economic Forge Pvt Ltd?
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 Economic Forge Pvt Ltd?
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 Economic Forge Pvt Ltd (last filed snapshot)?
As per the latest financial snapshot on file for FY 2023, net worth is about ₹ 25.10 Cr. Verify figures on the Financial tab and supporting filings.