Mittal Sponge Iron Private Limited
About Mittal Sponge Iron Private Limited
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Mittal Sponge Iron Private Limited is a private limited company based in Durg, Chhattisgarh, India, a subsidiary of Mittal Power And Steel (India) Limited. It operates in the food and beverage distribution segment of the food and beverages sector. It was incorporated on 27 December 2001 and has been in existence for over 25 years.
The company is registered with the Registrar of Companies (ROC), Chhattisgarh, under CIN U27102CT2001PTC014920.
The company has an authorised share capital of ₹8 Cr and a paid-up capital of ₹3.6 Cr. It is led by directors Akhil Mittal and Radhika Mittal.
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 Durg, Chhattisgarh.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.74 Cr, a decline of 73% compared to the previous year. For the same year it recorded a net profit of ₹1.24 Lakh (net margin 0.7%) and EBITDA of ₹1.68 Lakh (EBITDA margin 1%). Revenue has grown at a compounded annual rate (CAGR) of 411% over three years and 105% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Mittal Sponge Iron Private Limited's registered office is in Durg, Chhattisgarh. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address09/02 Nehru Nagar East, Nehru Nagar Bhilai, Durg, Chhattisgarh, India – 490020
- IndustryFood and Beverages, Food & Beverage Retail & Distribution
To see the full contact details of Mittal Sponge Iron 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 activity of Mittal Sponge Iron is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Mittal Sponge Iron Private Limited, buy the company report.
Financials of Mittal Sponge Iron Private Limited
FY 2025 filings availableMittal Sponge Iron Private Limited reported revenue of ₹1.74 Cr (down 73% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 73% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 105%. EBITDA fell 84% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹1.68 Lakh | ||||
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| Net Profit (PAT) | ₹1.24 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 1% | ||||
| Net Profit Margin | 0.7% | ||||
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To see the full financial statements and ratios of Mittal Sponge Iron Private Limited, buy the company report.
Board of directors of Mittal Sponge Iron Private Limited
Mittal Sponge Iron has 2 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Akhil Mittal | Director | 08 Apr 2023 | 3 Years 6 Months | Current |
| Radhika Mittal Also directs: Mittal Power and Steel (India) Limited | Director | 08 Apr 2023 | 3 Years 6 Months | Current |
Peer comparison
Mittal Sponge Iron Private Limited is compared with the 3 companies closest to it by revenue in the Food and Beverages industry (Food and Beverages Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Inspire Technocorp Private Limited | ₹1.74 Cr (FY 2025) | 4.0% | Aurangabad, Maharashtra, India | |||
| Mittal Sponge Iron Private Limitedthis company | ₹1.74 Cr (FY 2025) | ₹1.24 Lakh | 0.7% | -73.0% | Durg, Chhattisgarh, India | |
| Satrio Agri Products Private Limited | ₹1.73 Cr (FY 2022) | Palakkad, Kerala, India | ||||
| Adesha Advisory Services Private Limited | ₹1.72 Cr (FY 2025) | 6.0% | Bhubaneswar, Odisha, India |
To see the full peer comparison of Mittal Sponge Iron Private Limited, buy the company report.
Auditor
Mittal Sponge Iron Private Limited is audited by JITENDRA GOYAL & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| JITENDRA GOYAL & CO. | FY 2023 | 020152C |
Shareholding
The shareholding of Mittal Sponge Iron Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Mittal Sponge Iron Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Mittal Sponge Iron 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 Mittal Sponge Iron Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Mittal Sponge Iron Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Mittal Sponge Iron Private Limited has 9 board changes on record since 2009: 2 appointments and 7 cessations. The latest: Bharat Kumar Padia ceased to be Director on 18 May 2023.
Frequently asked questions
Mittal Sponge Iron is an active private limited company based in Durg, Chhattisgarh, India. The company works in food and beverage retail and distribution, within the food and beverages industry. It was incorporated on 27 December 2001 (25+ years old) and is registered under CIN U27102CT2001PTC014920.
Mittal Sponge Iron has 2 current directors:
- Akhil Mittal - Director
- Radhika Mittal - Director
The latest financial statements of Mittal Sponge Iron on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Mittal Sponge Iron is U27102CT2001PTC014920. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mittal Sponge Iron was incorporated on 27 December 2001, making it 25+ years old. It is registered with the Registrar of Companies, Chhattisgarh.
The peers of Mittal Sponge Iron by revenue are Inspire Technocorp Private Limited, Satrio Agri Products Private Limited, Adesha Advisory Services Private Limited, all in the Food and Beverages industry (Food and Beverages Retail and Distribution), with the same principal business activity (wholesale trading).
Bharat Kumar Padia ceased to be Director on 18 May 2023. Vikramjeet Singh ceased to be Director on 10 Apr 2023. Akhil Mittal was appointed as Director on 08 Apr 2023. Mittal Sponge Iron has 9 board changes on record in total.
The registered office of Mittal Sponge Iron is at 0902 Nehru Nagar East, Nehru Nagar Bhilai, Durg, Chhattisgarh, India – 490020.
Mittal Sponge Iron operates in the food and beverages industry, in the food and beverage retail and distribution segment.
The compliance status of Mittal Sponge Iron is compliant as of 09 August 2026. The company is actively filing with the Registrar of Companies.
Mittal Sponge Iron can be reached at its registered office: 0902 Nehru Nagar East, Nehru Nagar Bhilai, Durg, Chhattisgarh, India – 490020.
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