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FORBES & COMPANY LIMITED

www.forbes.co.in
Active
Updated: 04 Nov 2025

The company is engaged in business of Engineering and Transaction Management Solutions.

Forbes & Company Limited, is a listed public company incorporated on 18 November, 1919. It is classified as a public limited company and is located in , Maharashtra. It's authorized share capital is INR 43.05 cr and the total paid-up capital is INR 12.90 cr.

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Subscription Plans
Industry and products
Manufacture of textiles
  • Payment Processing & Transaction Management Solutions., Engineering, Shipping and Logistics
Company size
Auth Capital
₹ 43.0 Cr
Paidup Capital
₹ 12.9 Cr
Revenue
₹ 100-150 cr
# Key metrics of Forbes & Company Limited - All rupee values in INR crores. Based on March 2024 numbers. | Metric | Value | Change | |---|---|---| | Auth Capital | ₹ 43.0 Cr | | | Paidup Capital | ₹ 12.9 Cr | | | Revenue | ₹ 100-150 cr | | | Total Revenue | Details available with Tofler Pro subscription | -68.32% | | EBITDA | Details available with Tofler Pro subscription | -72.29% | | Net Profit | Details available with Tofler Pro subscription | -91.48% | | Networth | Details available with Tofler Pro subscription | -41.05% | | Borrowings | Details available with Tofler Pro subscription | -100.0% | | Assets | Details available with Tofler Pro subscription | -31.5% | | Gross Margin | Details available with Tofler Pro subscription | -13.19 | | Operating Margin | Details available with Tofler Pro subscription | -4.66 | | Net Profit Margin | Details available with Tofler Pro subscription | -37.77 | | Return on Equity | Details available with Tofler Pro subscription | -98.67 | | ROCE | Details available with Tofler Pro subscription | 14.92 | | Debt to Equity | Details available with Tofler Pro subscription | -0.06 |
Key Metrics

** All rupee values in INR crores.

Total Revenue
-68.32%
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EBITDA
-72.29%
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Net Profit
-91.48%
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Networth
-41.05%
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Borrowings
-100.0%
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Assets
-31.5%
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Gross Margin
-13.19
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Operating Margin
-4.66
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Net Profit Margin
-37.77
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Return on Equity
-98.67
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ROCE
14.92
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Debt to Equity
-0.06
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Sales
Mar 2024
Net worth
Mar 2024

Locations

indian flag India (13)
State Type Address

location icon Locations on Map

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People

Designation Name DIN/PAN Tenure
Managing Director Mahesh Chelaram Tahilyani 01423084 2 years
Whole-Time Director Nirmal Chandmal Jagawat 01854117 1 years
Director Jai Laxmikant Mavani
Shareholder
05260191 14 years
Director Nikhil Jaysinh Bhatia 00414281 7 years
Director Bapsy Faroukh Dastur 09623277 1 years
Director Paras Khimji Savla 00516639 1 years

Financial Highlights

** All numbers in INR crores
Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
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Margins

Gross margin
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Balance Sheet

Standalone
Consolidated
%
** All numbers in INR crores
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Total assets

Charges on assets

Bank wise
Charges
1

IDBI Trusteeship Services Limited

No. of Loans: 1

Total Amount : 380.0 cr

2

Punjab National Bank

No. of Loans: 3

Total Amount : 96.8 cr

3

Export-Import Bank of India

No. of Loans: 6

Total Amount : 63.4 cr

4

IDBI Bank Limited

No. of Loans: 5

Total Amount : 36.7 cr

5

State Bank of India

No. of Loans: 1

Total Amount : 24.0 cr

6

EXPORT -IMPORT BANK OF INDIA

No. of Loans: 1

Total Amount : 24.0 cr

7

INDIA CO-OP BANK LTD

No. of Loans: 1

Total Amount : 16.0 cr

8

Axis Bank Limited

No. of Loans: 2

Total Amount : 14.1 cr

9

DCB Bank Limited

No. of Loans: 3

Total Amount : 12.1 cr

10

STATE BANK OF INDAI

No. of Loans: 1

Total Amount : 8.6 cr

11

INDUATRIAL CREDIT &INVESTMENT OF INDIA

No. of Loans: 2

Total Amount : 3.7 cr

12

IFCI Limited

No. of Loans: 2

Total Amount : 3.1 cr

13

ICICI LTD

No. of Loans: 4

Total Amount : 2.3 cr

14

EXPORT IMPORT OF INDIA

No. of Loans: 1

Total Amount : 1.6 cr

15

INDUSTRIAL CREDIT &INVSTMENT CORPORATION OF INDIA

No. of Loans: 1

Total Amount : 1.5 cr

16

PUNJAB NATIONAL BNAK

No. of Loans: 1

Total Amount : 1.3 cr

17

THE CHARTERED BANK

No. of Loans: 2

Total Amount : 0.9 cr

18

ICICI Bank Limited

No. of Loans: 3

Total Amount : 0.8 cr

19

CHARBERD BANK

No. of Loans: 1

Total Amount : 0.7 cr

20

THE HONGKONG &SHANGHAI BANKING CORPORATION

No. of Loans: 2

Total Amount : 0.7 cr

21

THE SHARTERED BANK

No. of Loans: 1

Total Amount : 0.7 cr

22

MERCANTILE BANK LTD.

No. of Loans: 2

Total Amount : 0.6 cr

23

INDUSTRIAL DEVELOPMENT OF INDIA

No. of Loans: 1

Total Amount : 0.4 cr

24

Standard Chartered Bank

No. of Loans: 1

Total Amount : 0.3 cr

25

FORBES FORBES CAMPBELL & CO. LTD.

No. of Loans: 1

Total Amount : 0.3 cr

26

The Federal Bank Limited

No. of Loans: 1

Total Amount : 0.0 cr

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Charges

IDBI Trusteeship Services Limited
Punjab National Bank
Export-Import Bank of India
IDBI Bank Limited
Others

Company Network

Companies connected through Directors

Name Status Paid up Capital Common Directors Address
GOKAK POWER & ENERGY LIMITED
Active
49.0 Cr 1 Karnataka
FORBES BUMI ARMADA LIMITED
Active
5.5 Cr 2 Maharashtra
FORBES PRECISION TOOLS AND MACHINE PARTS LIMITED
Active
51.6 Cr 3 Maharashtra
GOKAK TEXTILES LIMITED
Active
6.5 Cr 1 Karnataka
AARTI INDUSTRIES LTD
Active
181.3 Cr 1 Gujarat
PERCH FOUNDATION
Active
0.0 1 Maharashtra
INDO-BENELUX CHAMBER OF COMMERCE & INDUSTRY
Active
0.0 1 Maharashtra
RANDIP SINGH PATHANIA MEMORIAL FOUNDATION
Active
0.0 1 Maharashtra
OM FREIGHT FORWARDERS PRIVATE LIMITED
Active
31.9 Cr 1 Maharashtra
PERCH STRATEGIC ADVISORS PRIVATE LIMITED
Active
1.0 L 1 Maharashtra
Perch Valuation LLP
Inactive for e-filing
50,000.0 1 sh
P E R C H & ASSOCIATES LLP
Active
50,000.0 1 Maharashtra
FORBES CAMPBELL FINANCE LIMITED
Active
3.9 Cr 3 Maharashtra
ABANS ENTERPRISES LIMITED
Active
13.9 Cr 1 Maharashtra
OM FREIGHT FORWARDERS LIMITED
Active
33.7 Cr 1 Maharashtra
SHAPOORJI PALLONJI SAMALPATTI OPERATOR S ERVICES PRIVATE LIMITED
Amalgamated
2.3 L 1 Maharashtra
FORVOL INTERNATIONAL SERVICES LIMITED
Active
1.8 Cr 1
EUREKA FORBES LTD
Amalgamated
3.8 Cr 2
SHAPOORJI PALLONJI INFRASTRUCTURE CAPITAL COMPANY PRIVATE LIMITED
Active
706.2 Cr 2
NEXT GEN PUBLISHING PRIVATE LIMITED
Active
12.0 Cr 1 Maharashtra
VOLKART FLEMING SHIPPING AND SERVICES LIMITED
Active
50.4 L 1 Maharashtra
FORBES CAMPBELL SERVICES LIMITED
Amalgamated
5.0 L 1 Maharashtra
SP NANO PRODUCTS PRIVATE LIMITED
Amalgamated
5.0 L 1 Maharashtra
ABHIPREET TRADING PRIVATE LIMITED
Active
30.0 L 1 Maharashtra
GLITTERING GOLD FINANCE PRIVATE LIMITED
Active
4.0 L 1 Maharashtra
BLUE RIBBON FINANCE AND INVESTMENT PVT LTD
Active
5.0 L 1 Maharashtra
SHAPOORJI PALLONJI METAMIX PRIVATE LIMITED
Active
5.2 Cr 1 Maharashtra
THINK AHEAD PROPERTIES PRIVATE LIMITED
Active
45.1 L 1 Maharashtra
ALAYA PROPERTIES PRIVATE LIMITED
Amalgamated
8.0 L 1 Maharashtra
JAGSOL INDIA PRIVATE LIMITED
Active
1.0 L 1 Maharashtra
CAMPBELL PROPERTIES & HOSPITALITY SERVICES LIMITED
Active
48.8 L 1 Maharashtra
BUILDBAZAAR TECHNOLOGIES (INDIA) PRIVATE LIMITED
Active
1.0 L 1 Maharashtra
SHAPOORJI PALLONJI PROJECTS PRIVATE LIMITED
Active
20.6 L 1
SHAPOORJI PALLONJI POWER COMPANY LIMITED
Amalgamated
10.0 L 1 Maharashtra
FORBES BRADMA OPTIMARK PRIVATE LIMITED
Active
5.0 Cr 1 Maharashtra
SP PORT MAINTENANCE PRIVATE LIMITED
Active
1.0 L 1 Maharashtra
SHAPOORJI PALLONJI RENEWABLES PRIVATE LIMITED
Under Process of Striking Off
1.0 L 1 Maharashtra
IMAGE REALTY PRIVATE LIMITED
Converted to LLP
1.8 Cr 1 Maharashtra
SUPERBON HOSPITALITY VENTURES PRIVATE LIMITED
Active
10,000.0 1 Maharashtra
SIMAR PORT PRIVATE LIMITED
Active
899.8 Cr 1 Gujarat
SUPERBON ADVISORS LLP
Active
50,000.0 1 Maharashtra
SHAPOORJI PALLONJI ENERGY PRIVATE LIMITED
Active
1,271.3 Cr 1
SHAPOORJI PALLONJI AND COMPANY PRIVATE LIMITED
Active
2,925.5 Cr 1 Maharashtra
DHARAMTAR INFRASTRUCTURE PRIVATE LIMITED
Amalgamated
15.6 Cr 1 Maharashtra
FORBES TECHNOSYS LIMITED
Under CIRP
94.9 L 1 Maharashtra
B BAMBOAT AND COMPANY PRIVATE LIMITED
Active
1.0 L 1 Maharashtra
NRB BEARINGS LIMITED (FULL FLEDGED PUBLIC CO)
Active
19.4 Cr 1 Maharashtra

Subsidiary Companies

Name State / Country Incorporation Year Paidup Capital
AQUADIAGNOSTICS WATER RESEARCH & TECHNOLOGY CENTRE LIMITED Karnataka 2008 ₹ 5.7 Cr
AQUAMALL WATER SOLUTIONS LIMITED 1980 ₹ 4.0 Cr
CAMPBELL PROPERTIES & HOSPITALITY SERVICES LIMITED Maharashtra 2014 ₹ 48.8 L
Eureka Forbes Ltd India - -
EFL Mauritius Limited Mauritius - -
EURO FORBES FINANCIAL SERVICES LIMITED Maharashtra 2011 ₹ 5.0 L
Euro Forbes Limited Dubai United Arab Emirates - -
FORBES BUMI ARMADA LIMITED Maharashtra 2006 ₹ 5.5 Cr
Forbes Bumi Armada Offshore Limited India - -
FORBES CAMPBELL SERVICES LIMITED Maharashtra 1975 ₹ 5.0 L
Forbes Enviro Solutions Limited India - -
FFSERVICES PRIVATE LIMITED 2004 ₹ 1.0 Cr
Forbes Lux FZCO United Arab Emirates - -
Forbes Lux Group AG Switzerland - -
Forbes Lux International AG Switzerland - -
FORBES TECHNOSYS LIMITED Maharashtra 1991 ₹ 94.9 L
FORBES CAMPBELL FINANCE LIMITED Maharashtra 1977 ₹ 3.9 Cr
Lux Aqua Gmbh Switzerland - -
Lux Aqua Hungary KFT Hungary - -
Lux CZ s.r.o Czech Republic - -
Lux (Deutschland) GmbH Germany - -
Lux del Paraguay S.A. Paraguay - -
Lux Hungaria Kereskedelmi Kft Hungary - -
Lux International AG Switzerland - -
Lux Italia srl Italy - -
Lux Norge A/s Norway - -
Lux Oesterreich Gmbh Austria - -
Lux Schweiz AG Switzerland - -
Lux / Sk/ s.r.o. Slovakia - -
Lux Service Gmbh Germany - -
LIAG Trading & Investment Limited United Arab Emirates - -
Shapoorji Pallonji Forbes Shipping Limited India - -
VOLKART FLEMING SHIPPING AND SERVICES LIMITED Maharashtra 1920 ₹ 50.4 L

Tofler Score

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Risk

Severe Risk
  • No risks identified
Moderate Risk
  • No risks identified
Low Risk
  • No risks identified
About Tofler Score
Tofler Score measures the quality of performance and integrity of a company. It is dependent on three key factors - Sustainability, Governance, and Growth.

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Registered Details

CIN

L17110MH1919PLC000628

PAN

AAACF1765A

Incorporation

1919, 106.2 years

Company Email

pritesh.jhaveri@forbes.co.in

Paid up Capital

₹ 12.9 Cr

Authorised Capital

₹ 43.0 Cr

AGM

Jun 2025

Type

Public
Others

FAQ - FORBES & COMPANY LIMITED

What is the incorporation date of FORBES & COMPANY LIMITED?

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The incorporation date of FORBES & COMPANY LIMITED is 18 November, 1919

What is the authorized share capital of FORBES & COMPANY LIMITED?

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The authorized share capital of FORBES & COMPANY LIMITED is INR ₹ 43.0 Cr.

What is the paid-up capital of FORBES & COMPANY LIMITED?

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The paid-up capital of FORBES & COMPANY LIMITED is INR ₹ 12.9 Cr.

What is the registered address of FORBES & COMPANY LIMITED?

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The registered address of FORBES & COMPANY LIMITED is FORBES BUILDING, CHARANJIT RAI MARG, FORT, MUMBAI, MUMBAI, Maharashtra, India, 400001 - 400001

What is the CIN number of FORBES & COMPANY LIMITED?

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The CIN number of FORBES & COMPANY LIMITED is L17110MH1919PLC000628.

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