
Refine Alloy Private Limited
About Refine Alloy Private Limited
Data last updated:
Refine Alloy Private Limited is a private limited company based in Kolkata, West Bengal, India. It operates in the metal manufacturing and processing segment of the metals and mining sector. It was incorporated on 15 July 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U27100WB2009PTC136870. Its GSTIN is 19AAECR9018E1ZA (West Bengal).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Divyam Agarwal and Rohit Gupta.
Its last annual general meeting (AGM) was held on 26 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 22/7 Monohar Pukur Road, Kolkata, West Bengal, India – 700029.
As per the financials filed for FY 2025, the company reported a revenue of ₹3.22 Cr, a growth of 125% compared to the previous year. For the same year it recorded a net profit of ₹1.69 Cr (net margin 52.6%) and EBITDA of ₹2.71 Cr (EBITDA margin 84.1%). Revenue has declined at a compounded annual rate (CAGR) of 23% over three years and 49% over five years.
Court records list 3 cases involving the company, including 2 filed by the company and 1 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Refine Alloy Private Limited's registered office is in Kolkata, West Bengal. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address22/7 Monohar Pukur Road, Kolkata, West Bengal, India – 700029
- IndustryMetals and Minerals, Metal Manufacturing & Processing
To see the full contact details of Refine Alloy 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 Refine Alloy 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 Refine Alloy Private Limited, buy the company report.
Financials of Refine Alloy Private Limited
FY 2025 filings availableRefine Alloy Private Limited reported revenue of ₹3.22 Cr (up 125% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 125% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 49%. EBITDA rose 253% 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 |
|---|---|---|---|---|---|
| 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 | ₹2.71 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.69 Cr | ||||
| 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 84.1% | ||||
| Net Profit Margin | 52.6% | ||||
| 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 | |||||
To see the full financial statements and ratios of Refine Alloy Private Limited, buy the company report.
Board of directors of Refine Alloy Private Limited
Refine Alloy has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Divyam Agarwal Also directs: Ysm Business Private Limited | Director | 29 May 2020 | 6 Years 5 Months | Current |
| Rohit Gupta | Director | 28 Nov 2018 | 7 Years 11 Months | Current |
Peer comparison
Refine Alloy Private Limited is compared with the 3 companies closest to it by revenue in the Metals and Minerals industry (Metal 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 |
|---|---|---|---|---|---|---|
| Aditya Hi-Tech Private Limited | ₹3.23 Cr (FY 2025) | -63.0% | Raipur, Chhattisgarh, India | |||
| Shanti Metals Pvt Ltd | ₹3.23 Cr (FY 2025) | 782.0% | Ahmedabad, Gujarat, India | |||
| Ishram Impex Private Limited | ₹3.22 Cr (FY 2025) | -29.0% | Delhi, India | |||
| Refine Alloy Private Limitedthis company | ₹3.22 Cr (FY 2025) | ₹1.69 Cr | 52.6% | 125.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Refine Alloy Private Limited, buy the company report.
Auditor
Refine Alloy Private Limited is audited by DHAND & CO for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| DHAND & CO | FY 2020 | 327662E |
Shareholding
The shareholding of Refine Alloy Private Limited is on record for 4 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Refine Alloy Private Limited, buy the company report.
Legal cases
Refine Alloy Private Limited has 3 court cases on record: 2 filed by Refine Alloy, 1 filed against it. 1 case is pending and 2 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 0 | 1 |
| NCLT | 1 | 0 | 0 |
| NCLAT | 1 | 1 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLT, Kolkata | Insolvency matter | Filed by the company against Navdisha Real Estate Private Limited | Disposed |
| High Court, West Bengal | Writ petition | Filed by the company against Deputy Commissioner of State Tax, Bhabanipur Charge and Ors. | Pending |
| NCLAT, NCLAT New Delhi | Insolvency matter | Filed against the company by an individual | Disposed |
To see the full case history of Refine Alloy Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Refine Alloy Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Refine Alloy has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AAECR9018E1ZA | West Bengal | Active | 05 Apr 2019 |
To see the full GST registrations and return filing status of Refine Alloy Private Limited, buy the company report.
Recent activity
Refine Alloy Private Limited has 7 board changes on record since 2018: 2 appointments and 5 cessations. The latest: Divyam Agarwal ceased to be Additional Director on 31 Dec 2020.
Frequently asked questions
Refine Alloy is an active private limited company based in Kolkata, West Bengal, India. The company works in metal manufacturing and processing, within the metals and minerals industry. It was incorporated on 15 July 2009 (17+ years old) and is registered under CIN U27100WB2009PTC136870.
Refine Alloy has 2 current directors:
- Divyam Agarwal - Director
- Rohit Gupta - Director
The latest financial statements of Refine Alloy on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 26 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Refine Alloy is 19AAECR9018E1ZA, registered in West Bengal.
The CIN (Corporate Identification Number) of Refine Alloy is U27100WB2009PTC136870. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Refine Alloy has 3 court cases on record: 2 filed by the company and 1 filed against it. 1 is pending. Most are in the high courts.
Refine Alloy was incorporated on 15 July 2009, making it 17+ years old. It is registered with the Registrar of Companies, Kolkata.
The peers of Refine Alloy by revenue are Aditya Hi-Tech Private Limited, Shanti Metals Pvt Ltd, Ishram Impex Private Limited, all in the Metals and Minerals industry (Metal Retail and Distribution), with the same principal business activity (wholesale trading).
Divyam Agarwal ceased to be Additional Director on 31 Dec 2020. Dilip Khetan ceased to be Additional Director on 30 May 2020. Divyam Agarwal was appointed as Director on 29 May 2020. Refine Alloy has 7 board changes on record in total.
The registered office of Refine Alloy is at 227 Monohar Pukur Road, Kolkata, West Bengal, India – 700029.
Refine Alloy operates in the metals and minerals industry, in the metal manufacturing and processing segment.

