What we do Forge Auto International Ltd manufactures customized closed-die hot forgings and precision machined components for automotive, tractor, railways, and non-auto sectors like agriculture and hydraulic parts. |
Founded in 2,001 |
Market share Emerging player in forging with niche offerings and increasing OEM partnerships since 2004-05. |
Problem solved Provides safety-critical and complex forged components enhancing durability and performance in automotive and industrial applications. |
Top clients or who we serve OEMs in automobiles, tractors, railways, agriculture, and hydraulic industries; mainly B2B. |
Key management Rajan Mittal (Managing Director), Parmod Gupta (Chairman and Whole Time Director), Ansh Jain, Navneet Kaur, Bhupinder Preet Kaur (Independent Directors). |
Our journey and innovations Started as partnership firm in 2001, became public company in 2024, installed advanced forging presses and CNC machines progressively, raised INR 31.1 crores via IPO. |
Where we operate India with plans to expand client base across sectors; exports not specified. |
Top products or what we offer Closed-die hot forged carbon and alloy steel parts (1-20 kg), aluminum forgings (0.5-6 kg), precision machined components. |
Top brands - |
Raw materials needed Carbon steel, alloy steel, aluminum grades for forging operations. |
Raw materials supplier - |
Recurring vs cyclical contribution Revenue driven by manufacturing orders, which may be cyclical based on automotive and industrial demand. |
Our industry position Niche specialized player supplying to OEMs with growing production capabilities and modern equipment. |
Financial highlights FY 2024-25 revenue of INR 209.89 crores, net profit INR 9.53 crores, showing healthy growth from prior year. |
Geographical revenue split - |
Order book - |
Whats driving growth Expansion of OEM partnerships, investment in advanced machinery, continuous product development and quality focus. |
Our future plans Augmentation of manufacturing capacity with new electric screw presses and CNC machines, strengthening market position. |
Our green promise Switched to natural gas fuel from furnace oil for energy conservation and emission reduction. |
Our people and values Professional management, committed employee base with a focus on ethical practices and zero tolerance towards workplace harassment. |
Key challenges ahead Meeting competitive pressure, cyclicality in automotive demand, and maintaining quality while scaling operations. |
Interesting facts Successfully transitioned from partnership to public limited company with a strong IPO in 2024 on NSE SME Platform. |
Risks and strategy Mitigates supply chain and market demand risks via diversification and technology upgrades. |
