Bhagat Forge Private Limited - Due diligence report

A 360° intelligence report on Bhagat Forge: trust score, financial health, credit view, compliance, directors, growth and distress signals -…

1996-06-11 Ludhiana, Punjab Active Unlisted Active Compliant
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BF Bhagat Forge Private Limited
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  • Director details, charges & MCA documents
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Bhagat Forge — 360° Intelligence Report

Generated from MCA filings & public records
92/100
Trust Score
Low Risk

Bhagat Forge is assessed as Low Risk with a Trust Score of 92/100. Bhagat Forge is an active private limited indian non-government company incorporated in 1996, operating in the Automotive sector. The company has shown revenue growth across its recent filed years. It was profitable in its latest filed year. Based on MCA filings and public records, it currently shows a low compliance risk and low financial risk profile.

Report generated on 06 Aug 2026 from the latest processed filings. Bhagat Forge Private Limited snapshot & full profile →

Overall Assessment CautionWeakNeutralGoodStrong Strong

Automated indicators derived from public MCA / GST / EPFO records - not a credit rating, not investment, legal or financial advice. Spotted an inaccuracy? Report an error.

02

Score Card

Higher is safer · rule-based & explainable
Trust ScoreLow Risk
92/100
Overall counterparty trust - the headline number of this report.
Compliance ScoreLow Risk
100/100
Statutory standing - status, filings, auditor, MSME and litigation.
Financial Health ScoreLow Risk
75/100
Profitability, leverage and liquidity from filed statements.
Credit Risk ScoreCaution Indicated
45/100
Debt capacity, gearing and security cover for lenders.
Director Stability ScoreLow Risk
95/100
Board strength, DIN status, churn and network.
Growth ScoreLow Risk
85/100
Revenue, profit, asset and hiring momentum.
Distress ScoreLow Risk
90/100
Early-warning signals - higher means fewer warnings.
03

Financial Intelligence Dashboard

Standalone · 5 filed year(s)

Unlock the full 5-year financial dashboard with charts and year-wise figures.

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Scores and observations on this page are already computed from the real filings - only the underlying figures are locked.

04

Credit & Compliance Intelligence

Why the scores are what they are
Credit Risk Score: 45/100 Caution Indicated
  • Open charges exceed net worth - secured lenders rank ahead.
  • Elevated gearing (D/E 38%).
  • Profitable - internal accruals available.

Charges position: 14 open (31.25 cr) · 29 satisfied (34.86 cr).

Banking relationships (from registered charges)
LenderChargesAmount
Others19 48.0 cr
Bank Of Baroda5 48.0 cr
State Bank Of India6 48.0 cr
Axis Bank Limited4 48.0 cr
Small Industries Development Bank Of India3 48.0 cr
Hdfc Bank Limited5 48.0 cr
Compliance Score: 100/100 Low Risk
  • Company status is Active as per MCA.
  • Annual filings current (balance sheet Mar 2025).
  • 1 active GST registration(s).
05

Director Intelligence

Stability score: 95/100
NameDIN / PANDesignationAppointedTenureDIN status
KAMALJIT SINGH 01234567 Director 01/04/2018 6 yrs Approved
KOMALPREET KAUR 01234567 Director 01/04/2018 6 yrs Approved
PARAMVEER SINGH 01234567 Director 01/04/2018 6 yrs Approved
GURPREET SINGH 01234567 Director 01/04/2018 6 yrs Approved
HARBANS SINGH 01234567 Director 01/04/2018 6 yrs Approved
  • 5 directors on the board.
  • No disqualified or deactivated DINs.
  • Stable board - no exits in 3 years.
  • Average tenure above 5 years.
Director & KMP remuneration (FY 2022)
NameDesignationTotal remuneration
A K SharmaManaging Director2.4 cr
R MehtaWhole-time Director1.6 cr
S IyerCFO95.0 L

Remuneration is disclosed in the latest annual return. Unlock full report

06

Ownership & Group Intelligence

As per FY 2023 annual return
Promoter holding
64.27%
Public / other holding
35.73%
Equity shares
12,45,67,890
Equity paid-up
124.5 cr
Promoters on record
4
Ultimate holding entity
-
Subsidiaries
-
Group entities
-
Capital events
6 allotment(s) · 0 transfer(s)

Promoters hold a majority stake - exact percentages are part of the full report.

Key managerial personnel: KAMALJIT SINGH (Whole-time director)

Full shareholding pattern, group structure & capital events →

07

Risk Intelligence Center

Growth 85 · Distress 90
Growth signals & trust indicators
Revenue acceleration: +1.42 over 4 year(s).
Latest year revenue grew 2.1x.
Asset base grew 24% - capacity expansion.
Operating for 30+ years.
Active EPFO - real payroll on record.
Active GST registration(s).
Distress signals & risk flags
14 open charge(s) registered - assets are encumbered.
08

Stakeholder Verdicts

Vendor · Banker · Investor
Vendor due diligence95/100
Favourable indicators
Suitability as a supplier / customer counterparty.
  • Statutory record is clean.
  • No distress signals on file.
  • Financial filings available for verification.
Banker assessment68/100
Mixed indicators - deeper appraisal suggested
Indicative lending comfort for banks, NBFCs and trade credit.
  • Debt capacity assessed from filed statements.
  • 14 open charge(s) of 31.25 cr already registered.
  • Compliance record supports lending.
Investor view83/100
Positive growth indicators
Growth quality and scalability through an investor lens.
  • 3 growth signal(s) detected.
  • Margin and return trends computable from filings.
  • Management team looks stable.
09

MCA Filings & Events Timeline

Latest 15 events
15 Oct 2025
Charge satisfied
Hdfc Bank Limited
30 Sep 2025
Last AGM held
Annual general meeting
29 Sep 2025
Charge satisfied
Others
08 Sep 2025
Charge satisfied
Axis Bank Limited
Charge satisfied
Others
07 Sep 2025
Charge satisfied
Hdfc Bank Limited
08 Aug 2025
Charge created
Others - 5.77 cr
23 Jul 2025
Charge created
Hdfc Bank Limited - 1.18 cr
18 Jul 2025
Charge created
Hdfc Bank Limited - 13.10 Lakh
31 Mar 2025
Latest balance sheet
Filed with ROC
27 Nov 2024
Charge satisfied
Others
14 Nov 2024
Charge created
Others - 5.11 cr
24 Sep 2024
Charge created
Others - 87.76 Lakh
Charge created
Others - 63.20 Lakh
27 Aug 2024
Charge created
Others - 3.15 cr
10

Key Observations

Auto-generated from the data above
Revenue grew 0.86 over the last 4 financial year(s).
Net profit margin moved from 61% to 38%.
Debt-to-equity stands at 1.42 - leverage worth monitoring.
Net worth is positive.
Compliance record is strong - status, filings and flags are clean.
5 active director(s) / partner(s); board looks stable and experienced.
1 active GST registration(s) indicate ongoing business operations.
EPFO-registered employer - verifiable payroll history exists.
Promoters hold a majority stake as per the FY 2023 annual return.
Director / KMP remuneration is disclosed in the latest annual return - exact figures available in the full report.
Capital has been raised through 6 security allotment(s) - amounts available in the full report.
11

Peers & Related Companies

Full peer comparison →
CompanyCINLocation
Anv Digi Solutions Private Limited U72900CT2018PTC008787 Bhilai, Chattisgarh, India
Chropynska India Private Limited U34300PN2019FTC184614 Khed, Maharashtra, India
Theta Networking Solutions Private Limited U29100PN2021PTC200918 Pune, Maharashtra, India
Titan Crushing Machinery Private Limited U29100MH2010PTC203163 Thane, Maharashtra, India
Bajaj Communications Private Limited U74899DL1993PTC054527 New Delhi, Delhi, India
Saraswati Dynamics Private Limited U28132UR1989PTC010605 Uttaranchal, Uttarakhand, India
Steel City Metal Products Pvt Ltd U27109WB1987PTC043140 Kolkata, West Bengal, India
Skidata U72200MH2004PTC149816 Mumbai, Maharashtra, India
12

Who Uses This Report

CA · CS · Banker · Investor · Vendor
Chartered Accountants (CA)

Verify Bhagat Forge before audits and certifications: compliance score 100/100, filing history, auditor history and charge records in one place - instead of pulling each MCA form separately.

Company Secretaries (CS)

Track statutory health of Bhagat Forge: ACTIVE compliance status, annual-return recency, director DIN status, board churn and the events timeline - the inputs for secretarial audits and due-diligence certificates.

Bankers & NBFCs

Current banker verdict: Mixed indicators - deeper appraisal suggested. Credit risk score 45/100, existing charge position and lender relationships - a first-pass credit memo before formal appraisal.

Investors & Analysts

Investor view: Positive growth indicators. Growth score 85/100, margin trends, ownership structure and peer set for Bhagat Forge - screening before a deeper diligence.

Vendors & Procurement Teams

Vendor verdict: Favourable indicators. Trust score 92/100, distress signals and MSME payment-delay disclosures - know whether Bhagat Forge pays its suppliers before you extend credit terms.

Lawyers & Compliance Teams

Litigation footprint (no cases on record), regulatory flags, charge documents trail and director networks for Bhagat Forge - groundwork for KYC, onboarding and disputes.

13

Frequently Asked Questions

Is Bhagat Forge an active company?

Bhagat Forge has MCA status “Active” with a compliance score of 100/100 (Low Risk).

Is Bhagat Forge financially healthy?

Bhagat Forge has a Financial Health Score of 75/100 (Low Risk) based on its filed financial statements.

Should I do business with Bhagat Forge?

Its overall Trust Score is 92/100 (Low Risk). Vendor verdict: Favourable indicators. Review the risk flags in the Risk Intelligence Center before deciding.

Who controls Bhagat Forge?

Promoters hold a majority stake - exact percentages are in the full report. 5 active director(s) are on record.

Does Bhagat Forge have loans or charges against its assets?

14 open charge(s) are registered against its assets, and 29 earlier charge(s) stand satisfied.

Is Bhagat Forge up to date with its ROC filings?

Annual filings current (balance sheet Mar 2025). Overall compliance score: 100/100 (Low Risk).

Is it risky to lend to Bhagat Forge?

Its Credit Risk Score is 45/100 (Caution Indicated). Banker verdict: Mixed indicators - deeper appraisal suggested.

Disclaimer: This report is generated automatically from MCA filings and public records as available in our system at the time of the last update. Scores, bands and verdicts are rule-based derived indicators of the underlying data - they are opinions generated by an algorithm, not statements of fact about the company, and are not credit ratings (within the meaning of SEBI regulations), audits, or investment, legal or financial advice. Verify from official sources and consult a qualified professional before any business, lending or investment decision. If you represent this company and believe any information is inaccurate or outdated, report it here and we will review promptly.