Kems Forgings Limited

Manufacturer of steel forgings for automotive and construction equipment industries, with ISO and IATF certifications.

1970 | Bangaluru, Karnataka (India) | Active
Last Updated:

Kems Forgings Profile

Key Indicators

  • Authorised Capital ₹ 4.50 Cr
  • Paid Up Capital ₹ 2.28 Cr
  • Company Age 54 Year, 8 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 214.67 Cr
  • Satisfied Charges ₹ 135.21 Cr
  • Revenue Growth 30.79%
  • Profit Growth 58.64%
  • Ebitda 28.46%
  • Net Worth 13.68%
  • Total Assets 9.20%

About Kems Forgings

Kems Forgings Limited (KFL) was founded in India on 20 July 1970 and has a glorious history of 54 years and eight months. Its registered office is in Bangaluru, Karnataka, India.

The Corporate was formerly known as Shree Lakshmi Industrial Forge And Engineers Private Limited. The Company is engaged in the Machinery And Equipment Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 4.50 Cr and a paid-up capital of Rs 2.28 Cr.

The company currently has active open charges totaling ₹214.67 Cr. The company has closed loans amounting to ₹135.21 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Kems Forgings Limited India is Preeti Ray as COMPANY SECRETARY. Kushal Gandhi, Manish Gandhi, Deepak Gandhi, and Four other members serve as directors at the Company.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U85110KA1970PLC001918

  • Company No.

    001918

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    20 Jul 1970

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Machinery and Equipment
Company report

Kems Forgings Limited

Explore comprehensive data for Kems Forgings Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Kems Forgings?

Executive Team (2)

NameDesignationAppointment DateStatus
Manish Gandhi Country flag representing In Managing Director17-Oct-1996Current
Preeti Ray Company Secretary15-Nov-2024Current

Board Members (6)

NameDesignationAppointment DateStatus
Kushal Gandhi Country flag representing In Director 17-Oct-1996Current
Makam Ashok Country flag representing In Director 27-Dec-2017Current
Deepak Gandhi Country flag representing In Director 17-Oct-1996Current
Surendra Gandhi Country flag representing In Whole-Time Director 16-Apr-1990Current
Anup Bhat Country flag representing In Director 01-Jun-2020Current
Mavahalli Vasanthaiah Country flag representing In Director 23-Aug-2019Current

Financial Performance of Kems Forgings.

Kems Forgings Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 30.79% increase. The company also saw a substantial improvement in profitability, with a 58.64% increase in profit. The company's net worth Soared by an impressive increase of 13.68%.

Kems Forgings revenue growth over time
Kems Forgings profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
30.79%
Revenue from Operations
31.09%
Total Assets
9.20%
Profit or Loss
58.64%
Net Worth
13.68%
EBITDA
28.46%

What is the Ownership and Shareholding Structure of Kems Forgings?

In 2023, Kems Forgings had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹214.67 Cr

Satisfied Charges

₹135.21 Cr

Charges Breakdown by Lending Institutions

  • The Hongkong And Shanghai Banking Corporation Limited : 98.81 Cr
  • Others : 57.58 Cr
  • Citi Bank N.A. : 23.00 Cr
  • Tata Capital Financial Services Limited : 18.43 Cr
  • Hdfc Bank Limited : 11.20 Cr
  • Others : 5.65 Cr

Latest Charge Details

DateLenderAmountStatus
25 Oct 2023Others₹5.00 CrOpen
06 Oct 2023Tata Capital Financial Services Limited₹2.09 CrOpen
11 May 2023Citi Bank N.A.₹23.00 CrOpen
22 Aug 2022Hdfc Bank Limited₹0.99 MOpen
13 Jun 2022The Hongkong And Shanghai Banking Corporation Limited₹6.00 CrOpen

How Many Employees Work at Kems Forgings?

Kems Forgings has a workforce of 280 employees as of Apr 06, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee growth trends for Kems Forgings Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Kems Forgings, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Kems Forgings's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Kems Forgings

Recent activity within the organization

  • Director Appointment

    Preeti Ray was appointed as a Company Secretary was appointed as a Company Secretary on 15 Nov 2024 & has been associated with this company since 4 months 30 days .

  • Annual General Meeting

    Kems Forgings Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Charges

    A charge with Hdfc Bank Limited of Rs. 11.00 Cr registered on 20 Nov 2018 with Charge ID 100225336 was modified on 29 Apr 2024.

  • Balance Sheet

    Kems Forgings Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.

  • Charges

    A charge with Citi Bank N.A. of Rs. 23.00 Cr registered on 11 May 2023 with Charge ID 100754079 was modified on 29 Jan 2024.

  • Charges

    A charge with The Hongkong And Shanghai Banking Corporation Limited of Rs. 6.00 Cr registered on 13 Jun 2022 with Charge ID 100588539 was modified on 06 Dec 2023.

Frequently asked questions

  • What is the Incorporation or founding date of Kems Forgings Limited?

    Kems Forgings Limited was incorporated on 20 Jul 1970.

  • What is authorized share capital and paid-up capital of Kems Forgings Limited?

    The authorized share capital of Kems Forgings Limited is ₹ 4.50 Cr and paid-up capital is ₹ 2.28 Cr.

  • Who are the current board members & directors of Kems Forgings Limited?

    Currently 8 directors are associated with Kems Forgings Limited.

    • Kushal Kumar Gandhi
    • Manish Gandhi
    • Deepak Gandhi
    • Surendra Kumar Gandhi
    • Anup Kumar Bhat
    • Makam Kumar Ashok
    • Mavahalli Manjunatha Vasanthaiah
    • Preeti Ray

  • What is the registered address of Kems Forgings Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Kems Forgings Limited is Gandhi Tower No. 96 2Nd Floor Railway Parallel Road, Kumara Park West India, Bangalore, Karnataka, 560020.

  • What is the corporate identification number (CIN) and company number of Kems Forgings Limited?

    The corporate identification number (CIN) of Kems Forgings Limited is U85110KA1970PLC001918 and the company number is 001918 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Kems Forgings Limited?

    The Official website of Kems Forgings Limited is https://www.kemsltd.com

  • What has been the recent revenue trend for Kems Forgings Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Kems Forgings Limited has risen by 30.79%.

  • How many employees does Kems Forgings Limited currently have?

    As Per 2023 financial reports, 280 employees are currently employed by Kems Forgings Limited.

  • What change has been observed in the net worth of Kems Forgings Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Kems Forgings Limited has experienced an upsurge of 13.68%.

  • What are the total open charges for Kems Forgings Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Kems Forgings Limited amount to ₹ 214.67 Cr.

  • When was the last Balance Sheet of Kems Forgings Limited filed with the ROC?

    The most recent Balance Sheet for Kems Forgings Limited was filed with the ROC on 31 Mar 2024.

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