When was Forbes Marshall founded?

Forbes Marshall was founded in 1926.

Where is Forbes Marshall located?

Forbes Marshall is headquartered in Pune, India. It is registered at Opp 106th Milestone, CTS No. 2220, Mumbai-Pune road, Kasarwadi, Pune, Pune, Maharashtra, India, 411034.

Which legal entities is Forbes Marshall associated with?

Forbes Marshall is associated with FORBES MARSHALL PRIVATE LIMITED and 6 others.

How many employees does Forbes Marshall have?

As of May 31, 2026, the latest employee count at Forbes Marshall is 1929.

What is the annual revenue of Forbes Marshall?

Annual revenue of Forbes Marshall is more than ₹1,000 Cr as on Mar 31, 2025

Where does Forbes Marshall rank among its competitors?

Forbes Marshall ranks 33rd amongst 3806 active competitors, of which 41 are funded. It stands 11th in terms of total funding among its competitors. The most recent competitor to raise funding was Honeywell, which secured $400K in Feb, 2025.

Who are the top competitors of Forbes Marshall?

Forbes Marshall's top competitors include Siemens, Mitsubishielectric and CG Power & Industrial Solutions. Among them, Honeywell secured the most recent funding round in February, 2025.

Forbes Marshall - 2026 Company Profile, Team, Funding, Competitors & Financials

Forbes Marshall is a funded company based in Pune (India), founded in 1926 by J N Marshall. It operates as a Provider of energy conservation and industrial steam system automation solutions. The company has 3806 active competitors, including 41 funded and 312 that have exited. Its top competitors include companies like Siemens, Mitsubishielectric and CG Power & Industrial Solutions.

Company Details

Provider of energy conservation and industrial steam system automation solutions. The business offers products and services for steam efficiency, process optimization, and control and monitoring. Offerings include boilers, steam traps, valves, metering systems, and heat recovery units designed to improve plant performance and reduce fuel consumption. Additionally, the company provides process analytics, emission monitoring systems, and vibration monitoring equipment to maintain operational integrity. Digital services are utilized to measure, analyze, and sustain key performance indicators for industrial processes. These solutions assist in reducing environmental impact and ensuring compliance with regulatory requirements across various manufacturing sectors.

Website: www.forbesmarshall.com/
Social
Email ID: *****@forbesmarshall.com
Phone Number: +91 **********
Registered Address: Opp 106th Milestone, CTS No. 2220, Mumbai-Pune road, Kasarwadi, Pune, Pune, Maharashtra, India, 411034

Key Metrics

Founded Year

1926

Location

Pune, India

Stage

Funding Raised

Investors

Dariusforbesfamilytrust & 1 more

Ranked

33^rd among 3806 active competitors

Annual Revenue

₹1,000+ Cr as on Mar 31, 2025

Employee Count

1,929 as on May 31, 2026

Investment & Acquisitions

Openwater.in

Similar Companies

Siemens & 3879 more

View Forbes Marshall's full profile

Forbes Marshall is associated with 7 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count
FORBES MARSHALL STEAM SYSTEMS PRIVATE LIMITED CIN: U74900PN2012PTC142888 , India, Active	Apr 03, 2012	0 - ₹10 Cr (As on Mar 31, 2025)	-
J N MARSHALL PRIVATE LIMITED CIN: U29111PN1958PTC011125 , India, Active	Jun 27, 1958	₹10 - ₹50 Cr (As on Mar 31, 2025)	1876 (As on May 31, 2026)
FORBES MARSHALL PRIVATE LIMITED CIN: U28996PN1985PTC037806 , India, Active	Oct 18, 1985	₹1,000+ Cr (As on Mar 31, 2025)	58 (As on Nov 30, 2024)
FORBES MARSHALL TECHNOLOGY PRIVATE LIMITED CIN: U74999PN2021FTC206738 , India, Active	Dec 07, 2021	₹10 - ₹50 Cr (As on Mar 31, 2025)	-
FORBESVYNCKE PRIVATE LIMITED CIN: U29299PN2009PTC134958 , India, Active	Nov 12, 2009	₹100 - ₹500 Cr (As on Mar 31, 2025)	-
FORBES MARSHALL ARCA PRIVATE LIMITED CIN: U29299PN1985PTC038445 , India, Active	Dec 24, 1985	₹100 - ₹500 Cr (As on Mar 31, 2025)	-
FORBES MARSHALL (HYD) PRIVATE LIMITED CIN: U24111TG1991PTC013030 , India, Active	Aug 06, 1991	₹10 - ₹50 Cr (As on Mar 31, 2025)	53 (As on May 31, 2026)

Forbes Marshall is a funded company. Forbes Marshall has 2 institutional investors.

View details of Forbes Marshall's funding rounds and investors

The founders of Forbes Marshall is J N Marshall. Vohra Kiran is the CEO of Forbes Marshall.

Here are the details of Forbes Marshall's key team members:

J N Marshall: Former Co-Founder of Forbes Marshall.

Forbes Marshall's Board of Directors

Forbes Marshall's board has 9 active members. Mehul Shashikant Vaidya, Dharmesh Niranjan Thaker, Satyadeo Sharadchandra Purohit, Naushad Darius Forbes, Farhad Darius Forbes, Viraf S Pudumjee, Kiran Vohra, Dattatray Keshav Kuvalekar and Rati Farhad Forbes are independent board members.

Here is the list of Forbes Marshall's board of directors:

Name	Type	Representing	Status	Duration
Mehul Shashikant Vaidya	Independent board member	-	Current	2y 5m
yyzugux	Independent board member	-	Current	8y 9m
zonatwc	Independent board member	-	Current	6y 2m
byirgs{	Independent board member	-	Current	6y 4m
neqwxxk	Independent board member	-	Current	3y 3m
zuuvdpo	Independent board member	-	Current	6y 6m
innbnbw	Independent board member	-	Current	6y 3m
xojsods	Independent board member	-	Current	6y 2m
oiwfksl	Independent board member	-	Current	8y 9m

View details of Forbes Marshall's Founder profiles and Board Members

Forbes Marshall's employee count trend

Forbes Marshall has 1,929 employees as of May 26. Here is Forbes Marshall's employee count trend over the years:

Employee count trend for Forbes Marshall

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Top competitors of Forbes Marshall include Siemens, Mitsubishielectric and CG Power & Industrial Solutions. Here is the list of Top 10 competitors of Forbes Marshall, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Siemens 1847, Munich (Germany), Public	Provider of industrial automation, electrification, and digitalization technology solutions	-	Jindal Ventures, Bluefish Capital & 11 others	78/100
2nd	Mitsubishielectric 1921, Chiyoda-ku (Japan), Public	Manufacturer of diverse electrical and electronic products, systems, and solutions	-	Europa, Gov.cz & 1 others	75/100
3rd	CG Power & Industrial Solutions 1937, Mumbai (India), Acquired	Manufacturer of Industrial and Consumer Electric Equipment	-	Yes Bank, L & T Finance Holdings & 6 others	74/100
4th	Parker 1917, Cleveland (United States), Acquired	Distributor of motion & control technologies	-	YFM Equity Partners, Huntington Ventures & 4 others	74/100
5th	ABB 1883, Zurich (Switzerland), Public	Provider of electrification and automation technologies for industrial applications	-	ngn-capital.com, GIC & 16 others	74/100
6th	Emerson 1890, St. Louis (United States), Acquired	Manufacturer of automation systems and industrial software solutions	-	Seaside Private Capital, Blackstone & 6 others	74/100
7th	Schneider Electric 1836, Rueil malmaison (France), Public	Provider of energy management, digital monitoring, protection, and automation services	-	ngn-capital.com, Temasek & 10 others	73/100
8th	Rockwell Automation 1903, Milwaukee (United States), Public	Provider of Industrial automation and information systems	-	IoT Evolution, OnRamp Insurance Conference	72/100
9th	Honeywell 1885, Charlotte (United States), Public	Provider of automation and technology solutions for building, industrial, and process sectors	$310K	ngn-capital.com, Analah Ventures & 10 others	72/100
10th	Danfoss 1933, Nordborg (Denmark), Series C	Manufacturer of solutions increasing machine productivity, reducing emissions, and lowering energy	$41.2M	Emerald Technology Ventures, LahiTapiola & 7 others	72/100
33rd	Forbes Marshall 1926, Pune (India), Funding Raised	Provider of energy conservation and industrial steam system automation solutions	-	Dariusforbesfamilytrust & 1 others	51/100