Akarsh Steels Private Limited
About Akarsh Steels Private Limited
Data last updated:
Akarsh Steels Private Limited is a private limited company based in Jaipur, Rajasthan, India. It operates in the metal manufacturing and processing segment of the metals and mining sector. It was incorporated on 08 December 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Jaipur, under CIN U27107RJ2005PTC021734.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹6.9 Lakh. It is led by directors Ritesh Khandelwal and Hitesh Khandelwal.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Plot No. – E – 350 Road No.15 V K I A, Jaipur, Rajasthan, India – 302013.
As per the financials filed for FY 2024, the company reported a revenue of ₹20 Lakh, a growth of 50% compared to the previous year. For the same year it recorded a net profit of ₹14.93 Lakh (net margin 74.7%) and EBITDA of ₹19.4 Lakh (EBITDA margin 97%). Revenue has grown at a compounded annual rate (CAGR) of 1% over three years and 4% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered AddressPlot No. – E – 350 Road No.15 V K I A, Jaipur, Rajasthan, India – 302013
- IndustryMetals and Minerals, Metal Manufacturing & Processing
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
- One PDF report, delivered after checkout
Business Activity of Akarsh Steels Private Limited
The main business activity of Akarsh Steels is manufacturing. In detail, this covers metal and metal products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Akarsh Steels Private Limited FY 2025 filings available
Akarsh Steels Private Limited reported revenue of ₹20 Lakh (up 50% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Akarsh Steels Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 4% over five years, including 50% growth in the latest year. EBITDA rose 56% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary of Akarsh Steels Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹19.4 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹14.93 Lakh | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Akarsh Steels Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 97% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 74.7% | •••• | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• | •••• |
| Liquidity and Debt | |||||
| Current Ratio | •••• | •••• | •••• | •••• | •••• |
| Quick Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• | •••• | •••• |
| Inventory Days | •••• | •••• | •••• | •••• | •••• |
| Revenue Growth | •••• | •••• | •••• | •••• | •••• |
| Net Profit Growth | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Akarsh Steels are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Board of Directors of Akarsh Steels Private Limited
Akarsh Steels has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ritesh Khandelwal Also directs: Rajasthan Ispat Udyog LLP, Ritesh Iron-Ispat Private Limited, Gupta Art and Crafts Private Limited and 3 more | Director | 05 Dec 2013 | 12 Years 10 Months | Current |
| Hitesh Khandelwal Also directs: Rajasthan Ispat Udyog LLP, Ritesh Iron-Ispat Private Limited, Gupta Art and Crafts Private Limited and 3 more | Director | 08 Dec 2005 | 20 Years 10 Months | Current |
Peer Comparison of Akarsh Steels Private Limited
Akarsh Steels Private Limited is compared with the companies closest to it by revenue in the Metals and Minerals industry (Metals). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Saratha Metals and Alloys Private Limited | ₹20.46 Lakh (FY 2014) | •••• | •••• | •••• | Coimbatore, Tamil Nadu, India | |
| Everhold Infra Metals Private Limited | ₹20.2 Lakh (FY 2024) | •••• | •••• | 170.0% | •••• | Ernakulam, Kerala, India |
| Shreeji Ispat Limited | ₹20.2 Lakh (FY 2020) | •••• | •••• | -87.0% | •••• | Bhubaneswar, Odisha, India |
| Manas Metals Private Limited | ₹20.1 Lakh (FY 2025) | •••• | •••• | 3.0% | •••• | Kolkata, West Bengal, India |
| Xponents Ventures Private Limited | ₹20 Lakh (FY 2023) | •••• | •••• | -60.0% | •••• | New Delhi, Delhi, India |
| Akarsh Steels Private Limited this company | ₹20 Lakh (FY 2024) | •••• | •••• | 50.0% | •••• | Jaipur, Rajasthan, India |
| Unique Autoweld Sysytems Private Limited | ₹19.9 Lakh (FY 2025) | •••• | •••• | -14.0% | •••• | Gujarat, India |
| Miracle Foils Private Limited | ₹19.81 Lakh (FY 2025) | •••• | •••• | -15.0% | •••• | Ahmedabad, Gujarat, India |
| Space Age Engineering and Chemcial Private Limited | ₹19.8 Lakh (FY 2024) | •••• | •••• | 200.0% | •••• | Navi Mumbai, Maharashtra, India |
| Yogakshema Metals Private Limited | ₹19.73 Lakh (FY 2025) | •••• | •••• | 0.0% | •••• | Mumbai, Maharashtra, India |
| Valve World Services Private Limited | ₹19.73 Lakh (FY 2025) | •••• | •••• | -86.0% | •••• | Ahmedabad, Gujarat, India |
Peers are the five companies nearest above and the five nearest below Akarsh Steels by revenue in the Metals and Minerals industry (Metals), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Akarsh Steels Private Limited
Akarsh Steels Private Limited is audited by MAHARWAL & ASSOCIATES for the financial year 2018.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| MAHARWAL & ASSOCIATES | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Akarsh Steels Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Akarsh Steels Private Limited
Akarsh Steels Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Akarsh Steels Private Limited
Employment history and EPFO contributions of people linked to Akarsh Steels.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Akarsh Steels Private Limited
Akarsh Steels Private Limited has 4 board changes on record since 2005: 2 appointments and 2 cessations. The latest: Ritesh Khandelwal ceased to be Additional Director on 30 Sep 2014.
Credit Ratings, Litigation & Regulatory Alerts for Akarsh Steels Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Akarsh Steels Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Akarsh Steels Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Akarsh Steels Private Limited
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Akarsh Steels Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Akarsh Steels Private Limited
Akarsh Steels is an active private limited company based in Jaipur, Rajasthan, India. The company works in metal manufacturing and processing, within the metals and minerals industry. It was incorporated on 08 December 2005 (21+ years old) and is registered under CIN U27107RJ2005PTC021734.
Akarsh Steels reported revenue of ₹20 Lakh for FY 2024 (up 50% YoY).
Akarsh Steels has 2 current directors:
- Ritesh Khandelwal - Director
- Hitesh Khandelwal - Director
Akarsh Steels reported a net profit of ₹14.93 Lakh (net margin 74.7%) and EBITDA of ₹19.4 Lakh (EBITDA margin 97%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Akarsh Steels is 1% over three years and 4% over five years. In the latest year (FY 2024) revenue rose 50%. CAGR is the steady yearly rate that links the first and the last year.
The CIN (Corporate Identification Number) of Akarsh Steels is U27107RJ2005PTC021734. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Akarsh Steels was incorporated on 08 December 2005, making it 21+ years old. It is registered with the Registrar of Companies, Jaipur.
The peers of Akarsh Steels by revenue are Saratha Metals and Alloys Private Limited, Everhold Infra Metals Private Limited, Shreeji Ispat Limited, Manas Metals Private Limited, Xponents Ventures Private Limited and 5 more, all in the Metals and Minerals industry (Metals).
Ritesh Khandelwal ceased to be Additional Director on 30 Sep 2014. Bhagwat Prasad Khandelwal ceased to be Director on 05 Dec 2013. Ritesh Khandelwal was appointed as Director on 05 Dec 2013. Akarsh Steels has 4 board changes on record in total.
The registered office of Akarsh Steels is at Plot No. – E – 350 Road No.15 V K I A, Jaipur, Rajasthan, India – 302013.
Akarsh Steels has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹6.9 Lakh.