
Shankar Refractories Pvt Ltd.
About Shankar Refractories Pvt Ltd.
Data last updated:
Shankar Refractories Pvt Ltd. is a private limited company based in Kolkata, West Bengal, India. It operates in the sports goods segment of the musical instruments sector. It was incorporated on 18 January 1975 and has been in existence for over 51 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U26919WB1975PTC029835. Its GSTIN is 20AADCS8853P1ZV (Jharkhand). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹9.2 Lakh. It is led by directors Rajiv Bagaria and Dhruva Kumar Drolia.
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 519 A Rabindra Sarani Kolkata, West Bengal, India – 700003.
As per the financials filed for FY 2023, the company reported a revenue of ₹81.98 Lakh, a decline of 26% compared to the previous year. For the same year it recorded a net profit of ₹18,984 (net margin 0.2%) and EBITDA of ₹2.32 Lakh (EBITDA margin 2.8%). Revenue has declined at a compounded annual rate (CAGR) of 9% over three years and 2% over five years.
Court records list 4 cases involving the company, including 4 filed by the company.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Shankar Refractories Pvt Ltd.'s registered office is in Kolkata, West Bengal. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address519 A Rabindra Sarani Kolkata, West Bengal, India – 700003
- IndustryMusical Instruments, Sports Goods, Musical Instrument, Manufacturing, Jewellery
To see the full contact details of Shankar Refractories Pvt Ltd., 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 Shankar Refractories is manufacturing. In detail, this covers other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C13 | Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities |
To see the full business activity and turnover split of Shankar Refractories Pvt Ltd., buy the company report.
Financials of Shankar Refractories Pvt Ltd.
FY 2025 filings availableShankar Refractories Pvt Ltd. reported revenue of ₹81.98 Lakh (down 26% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 2% over five years, including a 26% fall in the latest year. EBITDA fell 40% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| EBITDA | ₹2.32 Lakh | ||||
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| Net Profit (PAT) | ₹18,984 | ||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| Profitability | |||||
| EBITDA Margin | 2.8% | ||||
| Net Profit Margin | 0.2% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Shankar Refractories Pvt Ltd., buy the company report.
Board of directors of Shankar Refractories Pvt Ltd.
Shankar Refractories has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rajiv Bagaria | Director | 11 Feb 2015 | 11 Years 8 Months | Current |
| Dhruva Kumar Drolia | Director | 15 Mar 2007 | 19 Years 7 Months | Current |
Peer comparison
Shankar Refractories Pvt Ltd. is compared with the 10 companies closest to it by revenue in the same principal business activity (other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Booch Beverages Private Limited | ₹82.51 Lakh (FY 2024) | 6.0% | Varanasi, Uttar Pradesh, India | |||
| Subhas Brothers Jewellers Private Limited | ₹82.27 Lakh (FY 2017) | -29.0% | Kolkata, West Bengal, India | |||
| Calyx Healthcare India Private Limited | ₹82.2 Lakh (FY 2019) | -49.0% | Ahmedabad, Gujarat, India | |||
| Simutomy Medtech Private Limited | ₹82.09 Lakh (FY 2025) | 186.0% | Mumbai, Maharashtra, India | |||
| Flora Star Natural Private Limited | ₹82.02 Lakh (FY 2025) | 85.0% | Jaipur, Rajasthan, India | |||
| Shankar Refractories Pvt Ltd.this company | ₹81.98 Lakh (FY 2023) | ₹18,984 | 0.2% | -26.0% | Kolkata, West Bengal, India | |
| Seaman Polytech Private Limited | ₹81.96 Lakh (FY 2024) | -26.0% | Chennai, Tamil Nadu, India | |||
| Kalpesh Marbocon Private Limited | ₹81.89 Lakh (FY 2025) | -28.0% | Jalna, Maharashtra, India | |||
| Shree Datta Treya Marble Private Limited | ₹81.88 Lakh (FY 2025) | 10.0% | Rajsamand, Rajasthan, India | |||
| Silver Global Industries Private Limited | ₹81.85 Lakh (FY 2025) | 73.0% | Bokaro, Jharkhand, India | |||
| Alot Hitek Private Limited | ₹81.82 Lakh (FY 2019) | -2.0% | Vasai, Maharashtra, India |
To see the full peer comparison of Shankar Refractories Pvt Ltd., buy the company report.
Auditor
Shankar Refractories Pvt Ltd. is audited by GHOSH AND PANDE for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| GHOSH AND PANDE | FY 2017 | 302042E |
Shareholding
The shareholding of Shankar Refractories Pvt Ltd. is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Shankar Refractories Pvt Ltd., buy the company report.
Legal cases
Shankar Refractories Pvt Ltd. has 4 court cases on record: 4 filed by Shankar Refractories. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 3 | 0 | 0 |
| District courts | 1 | 0 | 0 |
Cases on record (3 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court | Court case (CWJC) | Filed by the company against Bihar State Elec. Board and Ors | Disposed |
| District court, Ranchi, Jharkhand | Criminal complaint | Filed by the company against an individual | Disposed |
| High Court | Court case (CWJC) | Filed by the company against an individual | Disposed |
To see the full case history of Shankar Refractories Pvt Ltd., 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 Shankar Refractories Pvt Ltd.; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Shankar Refractories Pvt Ltd. has 1 active EPFO establishment as of Apr 01, 2024.
GST
Shankar Refractories has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 20AADCS8853P1ZV | Jharkhand | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Shankar Refractories Pvt Ltd., buy the company report.
Recent activity
Shankar Refractories Pvt Ltd. has 3 board changes on record since 2007: 2 appointments and 1 cessation. The latest: Satya Narayan Bagaria ceased to be Managing Director on 23 Mar 2017.
Frequently asked questions
Shankar Refractories is an active private limited company based in Kolkata, West Bengal, India. The company works in sports goods, within the musical instruments industry. It was incorporated on 18 January 1975 (51+ years old) and is registered under CIN U26919WB1975PTC029835.
Shankar Refractories has 2 current directors:
- Rajiv Bagaria - Director
- Dhruva Kumar Drolia - Director
The latest financial statements of Shankar Refractories 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 GSTIN of Shankar Refractories is 20AADCS8853P1ZV, registered in Jharkhand. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Shankar Refractories is U26919WB1975PTC029835. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Shankar Refractories has 4 court cases on record: 4 filed by the company. Most are in the high courts.
Shankar Refractories was incorporated on 18 January 1975, making it 51+ years old. It is registered with the Registrar of Companies, Kolkata.
The peers of Shankar Refractories by revenue are Booch Beverages Private Limited, Subhas Brothers Jewellers Private Limited, Calyx Healthcare India Private Limited, Simutomy Medtech Private Limited, Flora Star Natural Private Limited and 5 more, all in the same principal business activity (other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities).
Satya Narayan Bagaria ceased to be Managing Director on 23 Mar 2017. Rajiv Bagaria was appointed as Director on 11 Feb 2015. Dhruva Kumar Drolia was appointed as Director on 15 Mar 2007.
The registered office of Shankar Refractories is at 519 A Rabindra Sarani Kolkata, West Bengal, India – 700003.
Shankar Refractories operates in the musical instruments industry, in the sports goods segment.

