What we do Munish Forge Ltd manufactures forged and cast components including flanges, auto parts, tank track chains, and bomb shells chiefly for Defence, Auto, and Infrastructure sectors. |
Founded in 1,986 |
Market share Established as a key supplier to the Indian Army with growing presence in defense and international markets such as USA, UK, Canada, and Europe. |
Problem solved Provides critical, high-quality forged and cast components essential for defense equipment and industrial applications, addressing quality and supply challenges. |
Top clients or who we serve Indian Army, Defence sector, Oil & Gas, Tractor, Automobile, Construction, and global clients in developed markets (USA, UK, Canada, Europe); B2B focus. |
Key management - |
Our journey and innovations Founded in 1986 as Gaisu Forge; multiple restructurings; expanded from forging to casting with new division in 2024; pioneering defense component manufacturing. |
Where we operate Primarily India with exporting to developed geographies including USA, UK, Canada, and Europe. |
Top products or what we offer Flanges, scaffolding components, auto parts, battle tank track chains, bomb shells, and specialized casting products like JCB parts. |
Top brands - |
Raw materials needed Steel, metals and alloys for forging and casting components. |
Raw materials supplier - |
Recurring vs cyclical contribution Revenue primarily from project and contract-based orders with steady defense sector contracts providing recurring flow. |
Our industry position Recognized leader in forging and casting for defense with expanding footprint in automotive and infrastructure components. |
Financial highlights FY 2024-25 revenue approximately Rs.175.45 crore with net profit Rs.14.3 crore, reflecting steady financial growth. |
Geographical revenue split - |
Order book - |
Whats driving growth Defense contracts, new casting facility, diversification into high complexity components, and export market expansion. |
Our future plans Launching IPO with fresh equity issuance to fund expansion and strengthen market position; scaling casting operations. |
Our green promise - |
Our people and values - |
Key challenges ahead Scaling production capacity while meeting stringent defense quality standards and global competition. |
Interesting facts One of the few Indian firms producing vital defense components such as tank track chains and bomb shells domestically. |
Risks and strategy Mitigating supply chain risks and regulatory approvals through diversification and enhancing manufacturing capabilities. |
