Advance Technoforge Ltd
We are leading manufacturing and export driven organisation which is primarily customer focused. We serve in automobile and industrial valves and pumps industries. We are specialised in manufacturer of structural metal products, automotive parts, Agriculture parts, material lifting equipment parts and general engineering parts, etc. We are also specialising in delivering innovative industrial and auto components solutions. We are also manufacturing and exporting closed die hot forging, Ring Rolling, Upset forging and precision machining backed by full service supply capability and dual shore manufacturing model. We provide end to end solutions from product conceptualization to designing and finally manufacturing, testing and validation. Our team works closely with clients to conceptualised idea and bring them to life. Our mantra is redefining the strength of material and deliver innovative industrial and auto components solution.
Timeline
Subscription
Reports
Offer Details
Terms
Application Sizes
Managers & Registrar
Ownership & Proceeds
Shareholding
Objects of the Issue
- Purchase and installation of machinery for manufacturing of precision machine components at the existing premises (including GST)
- Part funding of working capital requirements
- Repayment / Prepayment of all or certain of the company borrowings availed by its Company
- General corporate purposes
Anchor Book
Financials
Profit & Loss
| Financial Year | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| RevenueCr | 31 | 38 | 48 | 51 | 50 |
| Operating ProfitCr | 2 | 2 | 4 | 5 | 8 |
| OPM% | 5.6 | 5.9 | 7.5 | 10.0 | 15.3 |
| PBTCr | 1 | 1 | 2 | 4 | 6 |
| PATCr | 0 | 1 | 2 | 3 | 4 |
| EPS | 1 | 1 | 3 | 4 | 6 |
Balance Sheet
| Financial Year | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Equity CapitalCr | 1 | 1 | 1 | 7 | 7 |
| ReservesCr | 4 | 5 | 6 | 3 | 7 |
| BorrowingsCr | 7 | 9 | 11 | 18 | 17 |
| Total AssetsCr | 22 | 22 | 29 | 40 | 47 |
Cash Flow
| Financial Year | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Operating Cash FlowCr | 2 | 1 | 0 | 4 | 4 |
| Investing Cash FlowCr | 0 | -2 | -2 | -9 | -3 |
| Financing Cash FlowCr | -1 | 0 | 2 | 5 | -2 |
| Net Cash FlowCr | 0 | 0 | 0 | 0 | 0 |
Strengths & Risks
- Strategic Location of Manufacturing Facilities.
- Experienced Promoters and Management Team.
- Established a customer base for Products and Byproducts.
- Strong existing client relationship.
- A successful and proven track record.
- Offering Flexible Operation for meeting specific customers requirement.
- Optimal Utilization of Resources.
- Quality Assurance and Focus on consistently meeting quality standards.
- Create a global presence and expand our presence in the forging market.
- The company relys heavily on a group of customers for a significant portion of its operational revenue. The loss of any one or more of these key customers could have a substantial negative impact on the company business, operations, and financial stability.
- The company relys on a limited number of suppliers for the steel required as its primary raw material. Additionally, the company does not have fixed supply agreements with these suppliers. If they fails to meet its needs, it could negatively impact the company business.
- The company is exposed to foreign currency exchange rate fluctuations, which may harm its results of operations, impact the company cash flows and cause its financial results to fluctuate.
- Its indebtedness, including various conditions and restrictions imposed on it by the company financing agreements, could adversely affect its ability to react to changes in the company business, and its may be limited in the company ability to use debt to fund future capital needs.
- Any inability on its part to comply with prescribed technical specifications and standards of quality in connection with the company products could adversely impact its operations and profitability.
- Obsolescence, destruction, breakdowns of its plant or equipment or failures to repair or maintain the same may adversely affect the company business, cash flows, financial condition and results of operations.