Forward Engineering Industries Limited - Due diligence report

A 360° intelligence report on Forward Engineering Industries Limited: trust score, financial health, credit view, compliance, directors, gro…

1996-10-09 Mulund West, Maharashtra Active Unlisted Active Compliant
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FE Forward Engineering Industries Limited
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Forward Engineering Industries Limited — 360° Intelligence Report

Generated from MCA filings & public records
74/100
Trust Score
Moderate

Forward Engineering Industries Limited is assessed as Moderate with a Trust Score of 74/100. Forward Engineering Industries Limited is an active public limited indian non-government company incorporated in 1996, operating in the Electrical sector. Reported revenue has declined across its recent filed years. It reported a loss in its latest filed year. Based on MCA filings and public records, it currently shows a low compliance risk and high financial risk profile.

Report generated on 16 Jul 2026 from the latest processed filings. Forward Engineering Industries Limited snapshot & full profile →

Financial Health › Weak
Overall Assessment CautionWeakNeutralGoodStrong Strong
Compliance › 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 ScoreModerate
74/100
Overall counterparty trust - the headline number of this report.
Compliance ScoreLow Risk
100/100
Statutory standing - status, filings, auditor, MSME and litigation.
Financial Health ScoreCaution Indicated
30/100
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 ScoreCaution Indicated
40/100
Revenue, profit, asset and hiring momentum.
Distress ScoreModerate
60/100
Early-warning signals - higher means fewer warnings.
03

Financial Intelligence Dashboard

Standalone · 2 filed year(s)

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

Get full access

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
  • Negative operating earnings - debt service depends on external support.
  • No open charges - unencumbered balance sheet.

Charges position: 0 open (-) · 1 satisfied (5.00 Lakh).

Banking relationships (from registered charges)
LenderChargesAmount
Union Bank Of India1 48.0 cr
Compliance Score: 100/100 Low Risk
  • Company status is Active as per MCA.
  • Annual filings current (balance sheet Mar 2025).
05

Director Intelligence

Stability score: 95/100
NameDIN / PANDesignationAppointedTenureDIN status
SHATAAKSHI SHANTANU NIMKAR 01234567 Director 01/04/2018 6 yrs Approved
HEENA PARIMAL SAMPAT 01234567 Director 01/04/2018 6 yrs Approved
PARIMAL JAYANT SAMPAT 01234567 Director 01/04/2018 6 yrs Approved
NARANDAS JAMNADAS VED 01234567 Director 01/04/2018 6 yrs Approved
  • 4 directors on the board.
  • No disqualified or deactivated DINs.
  • Stable board - no exits in 3 years.
  • Average tenure above 5 years.
06

Ownership & Group Intelligence

As per FY 2017 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
-

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

Full shareholding pattern, group structure & capital events →

07

Risk Intelligence Center

Growth 40 · Distress 60
Growth signals & trust indicators
Operating for 29+ years.
Distress signals & risk flags
Revenue declined year-on-year.
Losses deepening year-on-year.
08

Stakeholder Verdicts

Vendor · Banker · Investor
Vendor due diligence80/100
Favourable indicators
Suitability as a supplier / customer counterparty.
  • Statutory record is clean.
  • 2 distress signal(s) - see Risk Center.
  • Financial filings available for verification.
Banker assessment54/100
Mixed indicators - deeper appraisal suggested
Indicative lending comfort for banks, NBFCs and trade credit.
  • Debt capacity assessed from filed statements.
  • No existing security registered - first-charge position available.
  • Compliance record supports lending.
Investor view45/100
Mixed indicators
Growth quality and scalability through an investor lens.
  • No clear growth signals in the filed years.
  • Margin and return trends computable from filings.
  • Management team looks stable.
09

MCA Filings & Events Timeline

Latest 10 events
30 Sep 2025
Last AGM held
Annual general meeting
31 Mar 2025
Latest balance sheet
Filed with ROC
30 Sep 2019
Director ceased
SHATAAKSHI SHANTANU NIMKAR
01 Apr 2017
Director appointed
SHATAAKSHI SHANTANU NIMKAR (Director)
11 Mar 2011
Charge satisfied
Union Bank Of India
25 Apr 1997
Charge created
Union Bank Of India - 5.00 Lakh
09 Oct 1996
Incorporated
Registered with Roc Mumbai
Director appointed
HEENA PARIMAL SAMPAT (Director)
Director appointed
PARIMAL JAYANT SAMPAT (Director)
Director appointed
NARANDAS JAMNADAS VED (Director)
10

Key Observations

Auto-generated from the data above
Revenue declined 38% over the last 1 financial year(s).
Net profit margin moved from 1.42 to 2.1x.
Net worth is positive.
Compliance record is strong - status, filings and flags are clean.
4 active director(s) / partner(s); board looks stable and experienced.
All 1 registered charge(s) stand satisfied - past borrowings repaid.
Promoters hold a dominant controlling stake as per the FY 2017 annual return.
11

Peers & Related Companies

Full peer comparison →
CompanyCINLocation
Travel Compass Private Limited U63000TN2012PTC086565 Chennai, Tamil Nadu, India
Nashe Tours And Travels Private Limited U63040KL2011PTC027690 Thiruvananthapuram, Kerala, India
Balaji Trips Private Limited U74999DL2016PTC308410 New Delhi, Delhi, India
Renaissance Reizen ( India ) Private Limited U74899DL1994PTC060377 New Delhi, Delhi, India
Madina World Travels Private Limited U63000JK2013PTC003882 Srinagar, Jammu & Kashmir, India
Garrisons Logistics Private Limited U63020TN2014PTC095415 Chennai, Tamil Nadu, India
Farekit Private Limited U63000HR2016PTC058147 Karnal, Haryana, India
Upohan Management Consultants Private Limited U74140PN2009PTC134031 Pune City, Maharashtra, India
12

Who Uses This Report

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

Verify Forward Engineering Industries Limited 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 Forward Engineering Industries Limited: 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: Mixed indicators. Growth score 40/100, margin trends, ownership structure and peer set for Forward Engineering Industries Limited - screening before a deeper diligence.

Vendors & Procurement Teams

Vendor verdict: Favourable indicators. Trust score 74/100, distress signals and MSME payment-delay disclosures - know whether Forward Engineering Industries Limited 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 Forward Engineering Industries Limited - groundwork for KYC, onboarding and disputes.

13

Frequently Asked Questions

Is Forward Engineering Industries Limited an active company?

Forward Engineering Industries Limited has MCA status “Active” with a compliance score of 100/100 (Low Risk).

Is Forward Engineering Industries Limited financially healthy?

Forward Engineering Industries Limited has a Financial Health Score of 30/100 (Caution Indicated) based on its filed financial statements.

Should I do business with Forward Engineering Industries Limited?

Its overall Trust Score is 74/100 (Moderate). Vendor verdict: Favourable indicators. Review the risk flags in the Risk Intelligence Center before deciding.

Who controls Forward Engineering Industries Limited?

Promoters hold a dominant controlling stake - exact percentages are in the full report. 4 active director(s) are on record.

Does Forward Engineering Industries Limited have loans or charges against its assets?

No open charges - all 1 registered charge(s) stand satisfied, indicating past borrowings were repaid.

Is Forward Engineering Industries Limited 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 Forward Engineering Industries Limited?

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.