About Thayeekari Metals Private Limited
Data last updated:
Thayeekari Metals Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the metal manufacturing and processing segment of the metals and mining sector. It was incorporated on 16 February 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U27141KA2007PTC041814. Its GSTIN is 29AACCT6142R1ZN (Karnataka).
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹4.7 Cr. It is led by directors including Malligere Ramu Srinivas (Managing Director) and Aravind Reddy Basappa.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Sy No.39 Krishnasagara Village Attibele Industrial Area Attibele, Bangalore, Karnataka, India – 562107.
As per the financials filed for FY 2024, the company reported a revenue of ₹10.9 Cr, a decline of 25% compared to the previous year. For the same year it recorded a net loss of ₹8.4 Lakh (net margin -0.8%) and EBITDA of ₹10.18 Lakh (EBITDA margin 0.9%). Revenue has declined at a compounded annual rate (CAGR) of 11% over three years and 3% over five years.
The current compliance status is marked as active non-compliant by the Registrar of Companies. For more details, the company can be reached via its website thayekari.com.
Company details
Contact details
Thayeekari Metals Private Limited's registered office is in Bangalore, Karnataka. Its website is thayekari.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressSy No.39 Krishnasagara Village Attibele Industrial Area Attibele, Bangalore, Karnataka, India – 562107
- IndustryMetals and Minerals, Metal Manufacturing & Processing
To see the full contact details of Thayeekari Metals 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 Thayeekari Metals is manufacturing. In detail, this covers metal and metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products |
To see the full business activity and turnover split of Thayeekari Metals Private Limited, buy the company report.
Financials of Thayeekari Metals Private Limited
FY 2024 filings availableThayeekari Metals Private Limited reported revenue of ₹10.9 Cr (down 25% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 3% over five years, including a 25% fall in the latest year. EBITDA rose 149% 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 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 | ₹10.18 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹8.4 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 0.9% | ||||
| Net Profit Margin | -0.8% | ||||
| 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 Thayeekari Metals Private Limited, buy the company report.
Board of directors of Thayeekari Metals Private Limited
Thayeekari Metals has 3 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Aravind Reddy Basappa | Director | 22 Jun 2009 | 17 Years 4 Months | Current |
| Benemnahally Krishnan Keerthi | Director | 16 Feb 2007 | 19 Years 8 Months | Current |
| Malligere Ramu Srinivas Also directs: TMPL Aluminium Alloys LLP, Vanguard Fashion and Apparel Private Limited, Sigmis Breweries & Hospitality Private Limited and 1 more | Managing Director | 26 Jun 2012 | 14 Years 4 Months | Current |
Peer comparison
Thayeekari Metals Private Limited is compared with the 6 companies closest to it by revenue in the Metals and Minerals industry (Metals), 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 |
|---|---|---|---|---|---|---|
| Orien Engineers Private Limited | ₹11.02 Cr (FY 2025) | -28.0% | Sundargarh, Odisha, India | |||
| TR Formac Fastenings Private Limited | ₹11 Cr (FY 2025) | 32.0% | Chennai, Tamil Nadu, India | |||
| Agniforma Techcraft Private Limited | ₹10.98 Cr (FY 2025) | 63.0% | Ahmedabad, Gujarat, India | |||
| Suman Metals Private Limited | ₹10.95 Cr (FY 2016) | Palwal, Haryana, India | ||||
| Thayeekari Metals Private Limitedthis company | ₹10.9 Cr (FY 2024) | -₹8.4 Lakh | -0.8% | -25.0% | Bangalore, Karnataka, India | |
| Explofab Metals India Private Limited | ₹10.82 Cr (FY 2025) | -5.0% | Hyderabad, Telangana, India | |||
| SVM Metal Alloy Private Limited | ₹10.81 Cr (FY 2024) | 156.0% | Tiruvallur, Tamil Nadu, India |
To see the full peer comparison of Thayeekari Metals Private Limited, buy the company report.
Auditor
Thayeekari Metals Private Limited is audited by G V KRISHNA & ASSOCIATES for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| G V KRISHNA & ASSOCIATES | FY 2019 | 016068S |
Shareholding
The shareholding of Thayeekari Metals Private Limited is on record for 4 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Thayeekari Metals Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Thayeekari Metals 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 Thayeekari Metals Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Thayeekari Metals has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AACCT6142R1ZN | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Thayeekari Metals Private Limited, buy the company report.
Recent activity
Thayeekari Metals Private Limited has 9 board changes on record since 2007: 3 appointments and 6 cessations. The latest: Ben Karigowda Chikkaswamy ceased to be Director on 15 Jun 2019.
Frequently asked questions
Thayeekari Metals is an active private limited company based in Bangalore, Karnataka, India. The company works in metal manufacturing and processing, within the metals and minerals industry. It was incorporated on 16 February 2007 (19+ years old) and is registered under CIN U27141KA2007PTC041814.
Thayeekari Metals has 3 current directors:
- Malligere Ramu Srinivas - Managing Director
- Aravind Reddy Basappa - Director
- Benemnahally Krishnan Keerthi - Director
The latest financial statements of Thayeekari Metals on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Thayeekari Metals is 29AACCT6142R1ZN, registered in Karnataka.
The CIN (Corporate Identification Number) of Thayeekari Metals is U27141KA2007PTC041814. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Thayeekari Metals was incorporated on 16 February 2007, making it 19+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Thayeekari Metals by revenue are Orien Engineers Private Limited, TR Formac Fastenings Private Limited, Agniforma Techcraft Private Limited, Suman Metals Private Limited, Explofab Metals India Private Limited and 1 more, all in the Metals and Minerals industry (Metals), with the same principal business activity (metal and metal products).
Ben Karigowda Chikkaswamy ceased to be Director on 15 Jun 2019. Malligere Ramu Srinivas was appointed as Managing Director on 26 Jun 2012. Aravind Reddy Basappa was appointed as Director on 22 Jun 2009. Thayeekari Metals has 9 board changes on record in total.
Thayeekari Metals can be reached through the website thayekari.com. Its registered office is in Bangalore, Karnataka, India.
The registered office of Thayeekari Metals is at Sy No.39 Krishnasagara Village Attibele Industrial Area Attibele, Bangalore, Karnataka, India – 562107.
Thayeekari Metals operates in the metals and minerals industry, in the metal manufacturing and processing segment.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
