Midas Casters Private Limited
About Midas Casters Private Limited
Data last updated:
Midas Casters Private Limited was a private limited company based in Kolkata, West Bengal, India. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the die casting and metal forming segment of the manufacturing sector. It was incorporated on 14 October 2008.
The company was registered with the Registrar of Companies (ROC), Kolkata, under CIN U27310WB2008PTC129908. Its GSTIN is 19AADCB6144J1ZJ (West Bengal).
The company had an authorised share capital of ₹10 Lakh and a paid-up capital of ₹3.61 Lakh. It was formerly known as Burhani Infracon Private Limited. It was led by directors Dibyendu Chatterjee and Pradeep Kumar Khattry.
Its last annual general meeting (AGM) was held on 30 October 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office was at 181/1 A J C Bose Road Samilton Chambers 2nd Floor, Kolkata, West Bengal, India – 700014.
As per the financials filed for FY 2021, the company reported a revenue of ₹2.52 Cr, a decline of 23% compared to the previous year. For the same year it recorded a net profit of ₹33.77 Lakh (net margin 13.4%) and EBITDA of ₹75.43 Lakh (EBITDA margin 29.9%). Revenue has grown at a compounded annual rate (CAGR) of 34% over five years.
The company had about 7 employees on its provident fund (EPFO) records before it was dissolved.
Company details
CIN history
Midas Casters has one previous CIN (Corporate Identification Number): U70109WB2008PTC129908. The current CIN is U27310WB2008PTC129908, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U27310WB2008PTC129908 | Current |
| U70109WB2008PTC129908 | Previous |
Contact details
Midas Casters Private Limited's registered office is in Kolkata, West Bengal. Its e-mail address is in the company report.
- Email
- Registered Address181/1 A J C Bose Road Samilton Chambers 2nd Floor, Kolkata, West Bengal, India – 700014
- IndustryManufacturing, Die Casting & Metal Forming
To see the full contact details of Midas Casters Private Limited, buy the company report.
- 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
Business activity
The main business activities of Midas Casters are manufacturing and financial and insurance service. In detail, this covers metal and metal products and other financial activities. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products | |
| K | Financial and insurance Service | K8 | Other financial activities |
To see the full business activity and turnover split of Midas Casters Private Limited, buy the company report.
Financials of Midas Casters Private Limited
FY 2021 filings availableMidas Casters Private Limited reported revenue of ₹2.52 Cr (down 23% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue fell 23% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 34%. EBITDA fell 42% 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
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹2.52 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹75.43 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹33.77 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
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 29.9% | ||||
| Net Profit Margin | 13.4% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
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| Interest Coverage Ratio | |||||
| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Midas Casters Private Limited, buy the company report.
Board of directors of Midas Casters Private Limited
Midas Casters has 2 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Dibyendu Chatterjee Also directs: Kemajuan Appliances Private Limited | Director | 10 Nov 2010 | 15 Years 11 Months | As last reported |
| Pradeep Kumar Khattry | Director | 25 Aug 2014 | 12 Years 2 Months | As last reported |
Peer comparison
Midas Casters Private Limited is compared with the 3 companies closest to it by revenue in the Manufacturing industry (Die Casting), with the same principal business activity (metal and metal products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Seimitsu Patterns and Dies Private Limited | ₹2.58 Cr (FY 2025) | 67.0% | Pune, Maharashtra, India | |||
| Midas Casters Private Limitedthis company | ₹2.52 Cr (FY 2021) | ₹33.77 Lakh | 13.4% | -23.0% | 7 | Kolkata, West Bengal, India |
| Antares Forge Private Limited | ₹2.49 Cr (FY 2024) | 33.0% | Chennai, Tamil Nadu, India | |||
| Radiant Technocast Private Limited | ₹2.48 Cr (FY 2025) | -7.0% | Veraval, Gujarat, India |
To see the full peer comparison of Midas Casters Private Limited, buy the company report.
Auditor
Midas Casters Private Limited is audited by B KUMAR & CO for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| B KUMAR & CO | FY 2021 | 306098E |
Shareholding
The shareholding of Midas Casters Private Limited is on record for 3 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Midas Casters Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Midas Casters Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Midas Casters Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Midas Casters Private Limited has a workforce of 7 employees on its EPFO records as of Apr 04, 2024, across 1 active EPFO establishment.
GST
Midas Casters has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AADCB6144J1ZJ | West Bengal | Active | 09 Aug 2017 |
To see the full GST registrations and return filing status of Midas Casters Private Limited, buy the company report.
Recent activity
Midas Casters Private Limited has 10 board changes on record since 2008: 2 appointments and 8 cessations. The latest: Pradeep Kumar Khattry ceased to be Director Appointed In Casual Vacancy on 30 Sep 2016.
1 earlier event is in the company report.
Frequently asked questions
Midas Casters has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Midas Casters was a private limited company based in Kolkata, West Bengal, India. The company worked in die casting and metal forming, within the manufacturing industry. It was incorporated on 14 October 2008 and is registered under CIN U27310WB2008PTC129908. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Midas Casters was incorporated on 14 October 2008. It is registered with the Registrar of Companies, Kolkata.
Midas Casters had 2 directors:
- Dibyendu Chatterjee - Director
- Pradeep Kumar Khattry - Director
The CIN (Corporate Identification Number) of Midas Casters is U27310WB2008PTC129908. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Midas Casters is at 1811 A J C Bose Road Samilton Chambers 2nd Floor, Kolkata, West Bengal, India – 700014.
The latest financial statements of Midas Casters on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 30 October 2021. Year-wise statements from 2015 are in the company report.
The GSTIN of Midas Casters is 19AADCB6144J1ZJ, registered in West Bengal.
Midas Casters operated in the manufacturing industry, in the die casting and metal forming segment.
The peers of Midas Casters by revenue are Seimitsu Patterns and Dies Private Limited, Antares Forge Private Limited, Radiant Technocast Private Limited, all in the Manufacturing industry (Die Casting), with the same principal business activity (metal and metal products).
Pradeep Kumar Khattry ceased to be Director Appointed In Casual Vacancy on 30 Sep 2016. Pradeep Kumar Khattry was appointed as Director on 25 Aug 2014. Om Prakash Tewari ceased to be Director on 17 Jul 2014. Midas Casters has 10 board changes on record in total.