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Forbes & Company Limited
Forbes & Company Limited, with incorporation dating back to 1919, brings more than 10 decades of expertise. It is registered under CIN L17110MH1919PLC000628 and registration number 628. The company operates as company limited by shares. The firm’s authorized share capital totals ₹43.05 crore. Paid-up capital currently stands at ₹12.90 crore.
Mainly engaged in manufacture of textiles. Forbes & Company Limited is officially registered in Mumbai. Its official registered office is situated at Forbes Building, Charanjit Rai Marg, Fort, Mumbai, Mumbai, Maharashtra, India, 400001. The company is currently active. As per official records, the company’s LEI is 335800WW4EBH5JT7Y297. The firm’s registered email for correspondence is pritesh.jhaveri@forbes.co.in. The company’s top executive team comprises Pavan Radhesham Somani (CFO) and Pavan Radhesham Somani (CFO).
Company Overview
- CIN
- Date of Incorporation
- 17/11/1919
- Company Status
- Active
- RoC
- Mumbai
- Registration Number
- Balance sheet date
- 31/03/2025
- Company Category
- Company limited by shares
- Company Sub Category
- Non-government company
- Listed in Stock Exchange
- Yes
- Class of Company
- Public Limited Company
- LEI Number
- LEI Status
- Issued
- Authorized Capital
- ₹43,05,00,000.00
- Paid up Capital
- ₹12,89,86,160.00
- Activity
- Manufacture Of Textiles
- pritesh.jhaveri@forbes.co.in
- PAN
ISIN Numbers
| ISIN | Security | Interest Rate | Maturity Date | FISN | CFI |
|---|---|---|---|---|---|
| INE518A01013 | FORBES & COMPANY LIMITED EQ | - | 12/10/2026 | FORBES CO/SH VTG | ESVUFN |
| IN8518A01012 | FORBES & COMPANY LIMITED EQ LISTING/TRADING APPROVAL AWAITED | - | 12/10/2026 | FORBES CO/SH VTG | ESVUFN |
Balance Sheet
| Metric | 31/03/2026 | 31/03/2025 | 31/03/2024 | 31/03/2023 | 31/03/2022 |
|---|---|---|---|---|---|
| Net PPE | ₹921.40L | ₹727.87L | ₹611.71L | ₹676.50L | ₹0.00L |
| Gross PPE | ₹1,709.13L | ₹1,386.15L | ₹1,180.77L | ₹2,003.50L | ₹0.00L |
| Inventory | ₹988.96L | ₹1,455.50L | ₹12,144.38L | ₹15,002.27L | ₹0.00L |
| Total Debt | ₹600.07L | ₹513.75L | ₹503.70L | ₹882.68L | ₹0.00L |
| Common Stock | ₹1,289.86L | ₹1,289.86L | ₹1,289.86L | ₹1,289.86L | ₹0.00L |
| Current Debt | ₹0.00L | ₹3.69L | ₹0.00L | ₹372.17L | ₹0.00L |
| Share Issued | ₹128.99L | ₹128.99L | ₹128.99L | ₹128.99L | ₹0.00L |
| Total Assets | ₹25,458.31L | ₹30,477.98L | ₹42,065.15L | ₹70,109.57L | ₹0.00L |
| Capital Stock | ₹1,289.86L | ₹1,289.86L | ₹1,289.86L | ₹1,289.86L | ₹0.00L |
| Current Assets | ₹8,223.70L | ₹9,299.95L | ₹22,955.35L | ₹50,830.39L | ₹0.00L |
| Prepaid Assets | ₹183.33L | ₹692.99L | ₹1,624.73L | ₹1,200.81L | ₹0.00L |
| Working Capital | ₹4,674.62L | ₹3,533.64L | -₹3,385.69L | ₹4,755.53L | ₹0.00L |
| Invested Capital | ₹19,936.53L | ₹21,951.80L | ₹14,027.94L | ₹22,853.59L | ₹0.00L |
| Other Properties | ₹87.22L | ₹90.70L | ₹617.00L | ₹11,401.00L | ₹0.00L |
| Retained Earnings | -₹30,567.63L | -₹31,868.48L | -₹44,114.48L | -₹38,643.46L | ₹0.00L |
| Common Stock Equity | ₹19,936.53L | ₹21,948.11L | ₹14,027.94L | ₹22,481.42L | ₹0.00L |
| Net Tangible Assets | ₹19,933.29L | ₹21,947.11L | ₹14,022.50L | ₹22,462.08L | ₹0.00L |
| Tangible Book Value | ₹19,933.29L | ₹21,947.11L | ₹14,022.50L | ₹22,462.08L | ₹0.00L |
| Current Liabilities | ₹3,549.08L | ₹5,766.31L | ₹26,341.04L | ₹46,074.86L | ₹0.00L |
| Long Term Provisions | ₹738.14L | ₹823.73L | ₹804.36L | ₹785.17L | ₹0.00L |
| Stockholders Equity | ₹19,936.53L | ₹21,948.11L | ₹14,027.94L | ₹22,481.42L | ₹0.00L |
| Other Equity Interest | ₹18,646.00L | ₹20,658.00L | ₹6,183.94L | ₹6,183.94L | ₹0.00L |
| Total Capitalization | ₹19,936.53L | ₹21,948.11L | ₹14,027.94L | ₹22,481.42L | ₹0.00L |
| Investment Properties | ₹1,819.94L | ₹2,029.01L | ₹2,119.65L | ₹2,176.85L | ₹0.00L |
| Ordinary Shares Number | ₹128.99L | ₹128.99L | ₹128.99L | ₹128.99L | ₹0.00L |
| Other Intangible Assets | ₹3.24L | ₹1.00L | ₹5.44L | ₹19.34L | ₹0.00L |
| Other Non Current Assets | ₹0.03L | ₹209.00L | ₹189.00L | -₹0.02L | ₹0.00L |
| Total Non Current Assets | ₹17,234.61L | ₹21,178.03L | ₹19,109.80L | ₹19,279.18L | ₹0.00L |
| Cash And Cash Equivalents | ₹721.89L | ₹1,443.02L | ₹1,950.51L | ₹3,676.17L | ₹0.00L |
| Construction In Progress | ₹64.66L | ₹18.38L | ₹0.00L | ₹182.80L | ₹0.00L |
| Accumulated Depreciation | -₹787.73L | -₹658.28L | -₹569.06L | -₹1,327.00L | ₹0.00L |
| Additional Paid In Capital | ₹186.76L | ₹186.76L | ₹186.76L | ₹186.76L | ₹0.00L |
| Other Short Term Investments | ₹4,711.75L | ₹4,060.36L | ₹4,802.33L | ₹2,801.79L | ₹0.00L |
| Machinery Furniture Equipment | ₹695.08L | ₹562.57L | ₹478.33L | ₹1,301.06L | ₹0.00L |
| Goodwill And Other Intangible Assets | ₹3.24L | ₹1.00L | ₹5.44L | ₹19.34L | ₹0.00L |
| Total Equity Gross Minority Interest | ₹19,936.53L | ₹21,948.11L | ₹14,027.94L | ₹22,481.42L | ₹0.00L |
| Total Liabilities Net Minority Interest | ₹5,521.78L | ₹8,529.87L | ₹28,037.21L | ₹47,628.15L | ₹0.00L |
| Current Debt And Capital Lease Obligation | ₹69.71L | ₹22.94L | ₹10.12L | ₹373.36L | ₹0.00L |
| Long Term Debt And Capital Lease Obligation | ₹530.36L | ₹490.81L | ₹493.58L | ₹509.32L | ₹0.00L |
| Cash Cash Equivalents And Short Term Investments | ₹5,433.64L | ₹5,503.38L | ₹6,752.84L | ₹6,477.96L | ₹0.00L |
| Total Non Current Liabilities Net Minority Interest | ₹1,972.70L | ₹2,763.56L | ₹1,696.17L | ₹1,553.29L | ₹0.00L |
Cash Flow
| Metric | 31/03/2026 | 31/03/2025 | 31/03/2024 | 31/03/2023 | 31/03/2022 |
|---|---|---|---|---|---|
| Free Cash Flow | -₹824.73L | -₹1,317.28L | -₹2,060.47L | ₹3,937.87L | ₹0.00L |
| Changes In Cash | -₹721.13L | -₹535.52L | -₹1,867.77L | ₹2,771.32L | ₹0.00L |
| End Cash Position | ₹721.89L | ₹1,443.02L | ₹1,969.52L | ₹4,557.15L | ₹0.00L |
| Financing Cash Flow | -₹135.13L | -₹65.09L | -₹646.25L | -₹24,280.73L | ₹0.00L |
| Investing Cash Flow | ₹25.99L | ₹650.17L | ₹784.59L | ₹21,594.52L | ₹0.00L |
| Operating Cash Flow | -₹611.99L | -₹1,120.60L | -₹2,006.11L | ₹5,457.53L | ₹0.00L |
| Capital Expenditure | -₹212.74L | -₹196.68L | -₹54.36L | -₹1,519.66L | ₹0.00L |
| Beginning Cash Position | ₹1,443.02L | ₹1,969.52L | ₹4,557.15L | ₹1,821.77L | ₹0.00L |
Income Statement
| Metric | 31/03/2026 | 31/03/2025 | 31/03/2024 | 31/03/2023 | 31/03/2022 |
|---|---|---|---|---|---|
| EBIT | ₹1,882.97L | ₹4,074.16L | ₹2,286.67L | ₹19,420.30L | ₹0.00L |
| EBITDA | ₹2,174.35L | ₹4,232.16L | ₹2,834.66L | ₹22,196.33L | ₹0.00L |
| Basic EPS | ₹0.00L | ₹0.00L | -₹0.00L | ₹0.00L | ₹0.00L |
| Net Income | ₹1,341.12L | ₹12,275.71L | -₹445.76L | ₹19,195.30L | ₹0.00L |
| Diluted EPS | ₹0.00L | ₹0.00L | -₹0.00L | ₹0.00L | ₹0.00L |
| Gross Profit | ₹4,217.20L | ₹5,415.40L | ₹3,742.03L | ₹2,024.65L | ₹0.00L |
| Pretax Income | ₹1,818.11L | ₹4,021.39L | ₹2,178.03L | ₹18,558.15L | ₹0.00L |
| Tax Provision | ₹476.99L | ₹1,130.63L | ₹239.99L | ₹642.77L | ₹0.00L |
| Total Revenue | ₹7,601.95L | ₹19,845.48L | ₹12,464.35L | ₹4,631.48L | ₹0.00L |
| Cost Of Revenue | ₹3,384.75L | ₹14,430.08L | ₹8,722.32L | ₹2,606.83L | ₹0.00L |
| Total Expenses | ₹6,806.43L | ₹17,070.00L | ₹11,834.37L | ₹7,954.18L | ₹0.00L |
| Interest Income | ₹522.21L | ₹210.35L | ₹225.91L | ₹205.36L | ₹0.00L |
| Interest Expense | ₹64.86L | ₹52.77L | ₹108.64L | ₹862.15L | ₹0.00L |
| Operating Income | ₹795.52L | ₹2,775.48L | ₹629.98L | -₹3,322.70L | ₹0.00L |
| Tax Rate For Calcs | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L |
| Normalized EBITDA | ₹1,448.34L | ₹3,066.08L | ₹1,241.36L | -₹132.64L | ₹0.00L |
| Normalized Income | ₹805.58L | ₹2,052.53L | ₹520.30L | -₹3,626.98L | ₹0.00L |
| Operating Expense | ₹3,421.68L | ₹2,639.92L | ₹3,112.05L | ₹5,347.35L | ₹0.00L |
| Operating Revenue | ₹7,601.95L | ₹19,845.48L | ₹12,464.35L | ₹4,631.48L | ₹0.00L |
| Net Interest Income | ₹457.35L | ₹157.58L | ₹117.27L | -₹777.30L | ₹0.00L |
| Total Unusual Items | ₹726.01L | ₹1,166.08L | ₹1,593.30L | ₹22,328.97L | ₹0.00L |
| Basic Average Shares | ₹127.32L | ₹127.32L | ₹127.32L | ₹127.32L | ₹0.00L |
| Diluted Average Shares | ₹127.32L | ₹127.32L | ₹127.32L | ₹127.32L | ₹0.00L |
| Other Operating Expenses | ₹838.36L | ₹737.62L | ₹745.41L | ₹2,361.64L | ₹0.00L |
| Reconciled Depreciation | ₹291.38L | ₹158.00L | ₹547.99L | ₹2,776.03L | ₹0.00L |
| Reconciled Cost Of Revenue | ₹3,384.75L | ₹14,430.08L | ₹8,722.32L | ₹2,606.83L | ₹0.00L |
| Rent Expense Supplemental | ₹15.18L | ₹58.90L | ₹2.71L | ₹639.04L | ₹0.00L |
| Tax Effect Of Unusual Items | ₹190.47L | ₹327.85L | ₹175.56L | ₹773.37L | ₹0.00L |
| Interest Income Non Operating | ₹522.21L | ₹210.35L | ₹225.91L | ₹205.36L | ₹0.00L |
| Selling And Marketing Expense | ₹70.87L | ₹61.18L | ₹98.87L | ₹334.16L | ₹0.00L |
| Interest Expense Non Operating | ₹64.86L | ₹52.77L | ₹108.64L | ₹862.15L | ₹0.00L |
| Net Income Common Stockholders | ₹1,341.12L | ₹12,275.71L | -₹445.76L | ₹19,195.30L | ₹0.00L |
| Net Income Continuous Operations | ₹1,341.12L | ₹2,890.76L | ₹1,938.04L | ₹17,915.38L | ₹0.00L |
| Diluted NIAvailto Com Stockholders | ₹1,341.12L | ₹12,275.71L | -₹445.76L | ₹19,195.30L | ₹0.00L |
| General And Administrative Expense | ₹405.60L | ₹299.34L | ₹411.53L | ₹501.60L | ₹0.00L |
| Selling General And Administration | ₹476.47L | ₹360.52L | ₹510.40L | ₹835.76L | ₹0.00L |
| Net Income Discontinuous Operations | ₹0.00L | ₹9,384.95L | -₹2,383.80L | ₹1,266.68L | ₹0.00L |
| Otherunder Preferred Stock Dividend | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L |
| Total Unusual Items Excluding Goodwill | ₹726.01L | ₹1,166.08L | ₹1,593.30L | ₹22,328.97L | ₹0.00L |
| Net Non Operating Interest Income Expense | ₹457.35L | ₹157.58L | ₹117.27L | -₹777.30L | ₹0.00L |
| Net Income Including Noncontrolling Interests | ₹1,341.12L | ₹12,275.71L | -₹445.76L | ₹19,182.06L | ₹0.00L |
| Net Income From Continuing And Discontinued Operation | ₹1,341.12L | ₹12,275.71L | -₹445.76L | ₹19,195.30L | ₹0.00L |
| Net Income From Continuing Operation Net Minority Interest | ₹1,341.12L | ₹2,890.76L | ₹1,938.04L | ₹17,928.62L | ₹0.00L |
Company Performance (FY23–FY26)
₹198.5 Cr₹148.8 Cr₹99.2 Cr₹49.6 Cr₹0
FY23FY24FY25FY26
Directors
| Appointment | Director name | DIN | Designation | |
|---|---|---|---|---|
| 22/05/2012 | Jai Laxmikant Mavani | 05260191 | Director | View other directorships |
| 16/05/2019 | Nikhil Jaysinh Bhatia | 00414281 | Director | View other directorships |
| 01/04/2024 | Mahesh Chelaram Tahilyani | 01423084 | Director | View other directorships |
| 01/04/2024 | Ankit Pravinchandra Patadiya | *****8303Q | Company Secretary | |
| 05/08/2024 | Paras Khimji Savla | 00516639 | Director | View other directorships |
| 01/09/2024 | Bapsy Faroukh Dastur | 09623277 | Director | View other directorships |
| 30/04/2025 | Nirmal Chandmal Jagawat | 01854117 | Whole-time director | View other directorships |
| 27/06/2025 | Pavan Radhesham Somani | *****3585K | CFO |
Business Network
CompanyDirectorNot on WeeDooBoard seatKey rolePast seatOwnership
Directors 8
- Nirmal Chandmal JagawatWhole-time director
- Bapsy Faroukh DasturDirector
- Paras Khimji SavlaDirector
- Mahesh Chelaram TahilyaniDirector
- Nikhil Jaysinh BhatiaDirector
- Jai Laxmikant MavaniDirector
- Pavan Radhesham SomaniCFO
- Ankit Pravinchandra PatadiyaCompany Secretary
Latest Documents
Category:
| Date | Title | Size |
|---|---|---|
| 29/11/2024 | Form Addendum to AOC-4 CSR-29112024_signed | - |
| 27/10/2024 | Form MGT-7-27102024 | - |
| 25/10/2024 | Form MGT-7-25102024 | - |
| 26/09/2024 | Form AOC-4(XBRL)-26092024 | - |
| 30/03/2024 | Form Addendum to AOC-4 CSR-30032024_signed | - |
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| Z00136422 | 30/08/2000 | ₹2,50,00,000.00 | Export-import Bank Of India |
| Y10327818 | 01/08/1999 | ₹3,30,00,000.00 | Induatrial Credit &investment Of India |
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| Y10327103 | 04/02/1992 | ₹5,00,00,000.00 | The Industrial Credit &investment Croporation Of India |
| Y10327062 | 12/07/1991 | ₹70,00,000.00 | Charberd Bank |
| Y10341396 | 12/07/1991 | ₹45,00,000.00 | Icici Ltd |
| Y10327031 | 21/03/1991 | ₹20,00,000.00 | Industrial Credit &investment Corporation Of India |
| Y10341362 | 21/03/1991 | ₹3,00,000.00 | Icici Ltd |
| Y10326872 | 15/06/1989 | ₹25,00,000.00 | Induatrial Credit &investment Of India |
| Y10341222 | 15/06/1989 | ₹25,00,000.00 | Icici Ltd |
| Y10326838 | 24/02/1989 | ₹34,22,000.00 | Industrial Credit &investment Corporation Of India |
| Y10341194 | 24/02/1989 | ₹37,40,000.00 | Icici Ltd |
| Y10326750 | 04/02/1988 | ₹1,51,00,000.00 | Industrial Credit &invstment Corporation Of India |
| Y10341122 | 04/02/1988 | ₹1,61,00,000.00 | Icici Ltd |
| Y10326693 | 08/03/1987 | ₹40,00,000.00 | Induatrial Credit &investment Of India |
| Y10340956 | 29/08/1985 | ₹39,00,000.00 | Idbi Bank |
| Y10326624 | 28/08/1985 | ₹2,50,00,000.00 | Cantral Bank Of India |
| Y10327441 | 28/08/1985 | ₹40,00,000.00 | Central Bank Of India |
| Y10340955 | 28/08/1985 | ₹2,50,00,000.00 | Central Bank Of India |
| Y10326623 | 20/08/1985 | ₹39,00,000.00 | Industrial Development Of India |
| Y10326526 | 22/09/1982 | ₹20,00,000.00 | Industrial Development Bank Of India |
| Y10340808 | 22/09/1982 | ₹20,00,000.00 | Idbi Bank |
| Y10340771 | 10/09/1981 | ₹2,50,00,000.00 | Ifci Ltd |
| Y10326512 | 05/08/1981 | ₹57,50,000.00 | Industrial Finance Corporation Of India |
| Y10489295 | 02/12/1980 | ₹35,00,000.00 | The Hongkong &shanghai Banking Corporation |
| Y10489294 | 01/12/1980 | ₹35,00,000.00 | The Hongkong &shanghai Banking Corporation |
| Y10490083 | 31/10/1980 | ₹30,00,000.00 | Mercantile Bank Ltd. |
| Y10326489 | 01/10/1980 | ₹25,00,000.00 | Industrial Credit &investment Corporation Of India |
| Y10489896 | 17/01/1977 | ₹25,00,000.00 | Mercantile Bank Ltd. |
| Y10489887 | 10/12/1976 | ₹29,00,000.00 | Forbes Forbes Campbell & Co. Ltd. |
| Y10489881 | 11/11/1976 | ₹24,00,000.00 | The Chartered Bank |
| Y10326406 | 08/11/1969 | ₹1,30,00,000.00 | Punjab National Bnak |
| A86366788 | 06/11/1969 | ₹43,00,00,000.00 | Punjab National Bank |
| Y10340578 | 06/11/1969 | ₹1,30,00,000.00 | Punjab National Bank |
| Y10326390 | 30/09/1965 | ₹70,00,000.00 | The Shartered Bank |
| Y10340562 | 30/09/1965 | ₹70,00,000.00 | The Chartered Bank |
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Address
Forbes Building, Charanjit Rai Marg, Fort, Mumbai, Mumbai, Maharashtra, India, 400001
Frequently Asked Questions
What is the incorporation date of Forbes & Company Limited?
The incorporation date of Forbes & Company Limited is 17/11/1919.
What is the authorized share capital and paid-up capital of Forbes & Company Limited?
The authorized share capital of Forbes & Company Limited is ₹43,05,00,000.00. The paid-up capital is ₹12,89,86,160.00.
Who are the current board members & directors of Forbes & Company Limited?
The current board member of Forbes & Company Limited are:
- Mahesh Chelaram Tahilyani
- Nirmal Chandmal Jagawat
- Jai Laxmikant Mavani
- Nikhil Jaysinh Bhatia
- Pavan Radhesham Somani
- Bapsy Faroukh Dastur
- Paras Khimji Savla
- Ankit Pravinchandra Patadiya
What is the registered address of Forbes & Company Limited?
The registered address of Forbes & Company Limited is Forbes Building, Charanjit Rai Marg, Fort, Mumbai, Mumbai, Maharashtra, India, 400001.
What is the Corporate Identification Number of Forbes & Company Limited?
The Corporate Identification Number of Forbes & Company Limited is L17110MH1919PLC000628.