MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-KR-24-0001202
Adhishakthi Castings Private Limited
Adhishakthi Castings Private Limited - metals and minerals in Shimoga, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹19.45 Cr
▲ 41% YoY
Net profit · FY 2024
₹2.67 Cr
Net margin 13.7%
EBITDA · FY 2024
₹3.3 Cr
EBITDA margin 16.9%
Authorised capital
₹5 Cr
Registered with MCA
Paid-up capital
₹4.5 Cr
Issued & subscribed
Open charges
₹7.47 Cr
Secured borrowings
Company age
16 yrs
Est. 2010
Employees · EPFO
18
Provident fund records
About Adhishakthi Castings Private Limited
Data last updated:
Adhishakthi Castings Private Limited is a private limited company based in Shimoga, Karnataka, India. It operates in the steel manufacturing and processing segment of the metals and mining sector. It was incorporated on 18 November 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U28990KA2010PTC055897. Its GSTIN is 29AAJCA0117C1Z7 (Karnataka). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹4.5 Cr. It is led by directors including Manjunath Navilappa Gowder and Roopa Manjunath.
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 Vinoba Nagara G.P.N.Nagara Vinobanagar Shivamogga, Shimoga, Karnataka, India – 577201.
As per the financials filed for FY 2024, the company reported a revenue of ₹19.45 Cr, a growth of 41% compared to the previous year. For the same year it recorded a net profit of ₹2.67 Cr (net margin 13.7%) and EBITDA of ₹3.3 Cr (EBITDA margin 16.9%). Revenue has grown at a compounded annual rate (CAGR) of 47% over three years and 11% over five years.
The company has about 18 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹7.47 Cr on record. The company has 6 deals on record (4 secondary share transfers, 2 funding rounds), with disclosed funding of ₹4.49 Cr; the latest was in March 2019. Its 6 peer companies in the Metals and Minerals industry (Steel), with the same principal business activity (metal and metal products) are compared by revenue, 4 larger and 2 smaller; the largest is Geeta Pumps Private Limited with revenue of ₹19.61 Cr.
Adhishakthi Castings Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-24-0001202). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U28990KA2010PTC055897
Registration Number 055897
Incorporation Date 18 November 2010
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-KR-24-0001202
Key People
Manjunath Navilappa Gowder Director Roopa Manjunath Director Belagola Ajjegowda Sudha Director Recognitions & Rankings of Adhishakthi Castings
Contact details
Adhishakthi Castings Private Limited's registered office is in Shimoga, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressVinoba Nagara G.P.N.Nagara Vinobanagar Shivamogga, Shimoga, Karnataka, India – 577201
- IndustryMetals and Minerals, Steel Manufacturing & Processing
To see the full contact details of Adhishakthi Castings Private Limited, buy the company report.
Comprehensive company report
Adhishakthi Castings Private Limited - one report that includes everything
- 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
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Business activity
The main business activity of Adhishakthi Castings 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 Adhishakthi Castings Private Limited, buy the company report.
Financials of Adhishakthi Castings Private Limited
FY 2024 filings availableAdhishakthi Castings Private Limited reported revenue of ₹19.45 Cr (up 41% YoY) for FY 2024.
Revenue · FY 2024
₹19.45 Cr ▲ 41%
Net profit · FY 2024
₹2.67 Cr margin 13.7%
EBITDA · FY 2024
₹3.3 Cr margin 16.9%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 41%
3 years · compounded
▲ 47%
5 years · compounded
▲ 11%
EBITDA CAGR growth
1 year
▲ 335%
3 years · compounded
▲ 415%
5 years · compounded
▲ 62%
Revenue has grown at a compounded annual rate (CAGR) of 11% over five years, including 41% growth in the latest year. EBITDA rose 335% 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 |
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| EBITDA | ₹3.3 Cr | ||||
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| Tax Expense | |||||
| Net Profit (PAT) | ₹2.67 Cr | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 16.9% | ||||
| Net Profit Margin | 13.7% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Adhishakthi Castings Private Limited, buy the company report.
Board of directors of Adhishakthi Castings Private Limited
Adhishakthi Castings has 8 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Manjunath Navilappa Gowder | Director | 18 Nov 2010 | 15 Years 11 Months | Current |
| Roopa Manjunath | Director | 19 Jan 2012 | 14 Years 9 Months | Current |
| Belagola Ajjegowda Sudha | Director | 19 Jan 2012 | 14 Years 9 Months | Current |
| Hosadurgha Vijayakumara Jayanna | Director | 17 Apr 2019 | 7 Years 6 Months | Current |
| Hosadurga Chandrashekar Jayanna | Director | 17 Apr 2019 | 7 Years 6 Months | Current |
| Hosadurga Karisiddappa Vishwanath | Director | 17 Apr 2019 | 7 Years 6 Months | Current |
Showing 6 of 8 current directors. View all directors
Peer comparison
Adhishakthi Castings Private Limited is compared with the 6 companies closest to it by revenue in the Metals and Minerals industry (Steel), 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 |
|---|---|---|---|---|---|---|
| Geeta Pumps Private Limited | ₹19.61 Cr (FY 2024) | -7.0% | Kolhapur, Maharashtra, India | |||
| Foxhill Cylinders Private Limited | ₹19.55 Cr (FY 2025) | -6.0% | Delhi, India | |||
| Nandan Auto Tech Limited | ₹19.5 Cr (FY 2025) | -78.0% | Ludhiana, Punjab, India | |||
| Unitechfab Works Private Limited | ₹19.46 Cr (FY 2025) | 80.0% | Kolkata, West Bengal, India | |||
| Adhishakthi Castings Private Limitedthis company | ₹19.45 Cr (FY 2024) | ₹2.67 Cr | 13.7% | 41.0% | 18 | Shimoga, Karnataka, India |
| Aston Steel Private Limited | ₹19.27 Cr (FY 2024) | -2.0% | Mumbai, Maharashtra, India | |||
| Rocket Steel Private Limited | ₹19.21 Cr (FY 2025) | 16.0% | Kotda Sangani, Gujarat, India |
To see the full peer comparison of Adhishakthi Castings Private Limited, buy the company report.
Auditor
Adhishakthi Castings Private Limited is audited by NAGARAJA. K.M for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| NAGARAJA. K.M | FY 2022 | 221292 |
Shareholding
The shareholding of Adhishakthi Castings 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 Adhishakthi Castings Private Limited, buy the company report.
Charges & borrowings
Open charges
₹7.47 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 25 Jun 2020 | 100364352 | Indian Bank | ₹59.75 Lakh | Open | |
| 28 Nov 2011 | 10434499 | Allahabad Bank | ₹5.37 Lakh | Open | |
| 26 Aug 2011 | 10307696 | Allahabad Bank | ₹6.82 Cr | Open |
To see the full charge records of Adhishakthi Castings Private Limited, buy the company report.
Total charge records: 3 View all charges
Deals & funding
Adhishakthi Castings Private Limited has 6 deals on record (4 secondary share transfers, 2 funding rounds), with disclosed funding of ₹4.49 Cr; the latest was in March 2019.
Total deals
6
Secondary share transfers
4
Funding rounds
2
Disclosed funding
₹4.49 Cr
Deals on record (5 of 6)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2019 | Funding round | ₹92 Lakh | Investors: 4 individuals |
| Mar 2019 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: 4 individuals |
| Mar 2018 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Mar 2017 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: 2 individuals |
| Mar 2012 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
To see the full deal history of Adhishakthi Castings Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Adhishakthi Castings 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 Adhishakthi Castings Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Adhishakthi Castings Private Limited has a workforce of 18 employees on its EPFO records as of Apr 02, 2024, across 1 active EPFO establishment.
Employee count
18
Active EPFO establishments
1
Employee growth
-5.26%
GST
Adhishakthi Castings has 2 GST registrations: 2 active.
Total GSTINs
2
Active
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAJCA0117C1Z7 | Karnataka | Active | 01 Jul 2017 |
| 29AAJCA0117C1DG | Karnataka | Active | 23 Dec 2024 |
To see the full GST registrations and return filing status of Adhishakthi Castings Private Limited, buy the company report.
Recent activity
Adhishakthi Castings Private Limited has 17 board changes on record since 2010: 8 appointments and 9 cessations. The latest: Hosadurga Chandrashekar Jayanna ceased to be Additional Director on 30 Sep 2020.
AGM
Adhishakthi Castings Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Adhishakthi Castings Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
Ceased
Hosadurga Chandrashekar Jayanna ceased to be Additional Director.
Ceased
Hosadurga Karisiddappa Vishwanath ceased to be Additional Director.
Ceased
Hosadurgha Vijayakumara Jayanna ceased to be Additional Director.
Charges
A charge with Indian Bank amounted to Rs. 0.60 Cr with Charge ID 100364352 was registered on 25 Jun 2020.
Appointed
Hosadurga Chandrashekar Jayanna was appointed as Director.
Appointed
Hosadurga Karisiddappa Vishwanath was appointed as Director.
Ceased
Hosadurgha Karisiddappa Shanthamma ceased to be Director.
Appointed
Hosadurgha Vijayakumara Jayanna was appointed as Director.
Ceased
Malali Veerashekarappa ceased to be Director.
Charges
A charge with Allahabad Bank of Rs. 6.82 Cr registered on 26 Aug 2011 with Charge ID 10307696 was modified on 30 Oct 2013.
12 earlier events are in the company report.
Frequently asked questions
Adhishakthi Castings is an active private limited company based in Shimoga, Karnataka, India. The company works in steel manufacturing and processing, within the metals and minerals industry. It was incorporated on 18 November 2010 (16+ years old) and is registered under CIN U28990KA2010PTC055897.
Adhishakthi Castings has 8 current directors:
- Manjunath Navilappa Gowder - Director
- Roopa Manjunath - Director
- Belagola Ajjegowda Sudha - Director
- Hosadurgha Vijayakumara Jayanna - Director
- Hosadurga Chandrashekar Jayanna - Director
- Hosadurga Karisiddappa Vishwanath - Director
- Sajjanara Shivanna Jyothi Prakash - Director
- Koralahalli Basappa Jayanna - Director
The latest financial statements of Adhishakthi Castings 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 Adhishakthi Castings is 29AAJCA0117C1Z7, registered in Karnataka. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 29AAJCA0117C1DG (Karnataka).
The CIN (Corporate Identification Number) of Adhishakthi Castings is U28990KA2010PTC055897. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Adhishakthi Castings was incorporated on 18 November 2010, making it 16+ years old. It is registered with the Registrar of Companies, Bangalore.
Adhishakthi Castings has 6 deals on record (4 secondary share transfers, 2 funding rounds), with disclosed funding of ₹4.49 Cr; the latest was in March 2019.
The peers of Adhishakthi Castings by revenue are Geeta Pumps Private Limited, Foxhill Cylinders Private Limited, Nandan Auto Tech Limited, Unitechfab Works Private Limited, Aston Steel Private Limited and 1 more, all in the Metals and Minerals industry (Steel), with the same principal business activity (metal and metal products).
Hosadurga Chandrashekar Jayanna ceased to be Additional Director on 30 Sep 2020. Hosadurga Karisiddappa Vishwanath ceased to be Additional Director on 30 Sep 2020. Hosadurgha Vijayakumara Jayanna ceased to be Additional Director on 30 Sep 2020. Adhishakthi Castings has 17 board changes on record in total.
Yes, Adhishakthi Castings is registered as a small enterprise under Udyam registration (number: UDYAM-KR-24-0001202).
The registered office of Adhishakthi Castings is at Vinoba Nagara G.P.N.Nagara Vinobanagar Shivamogga, Shimoga, Karnataka, India – 577201.