MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2022-23)
- Udyam number
- UDYAM-UP-29-0002795
Advance Steel Tubes Limited - manufacturing in Ghaziabad, Uttar Pradesh, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹87.98 Cr
▼ 44% YoY
Net profit · FY 2025
₹5.91 Cr
Net margin 6.7%
EBITDA · FY 2025
₹9.51 Cr
EBITDA margin 10.8%
Authorised capital
₹5 Cr
Registered with MCA
Paid-up capital
₹74 Lakh
Issued & subscribed
Open charges
₹38.37 Cr
Satisfied ₹127.39 Cr
Company age
48 yrs
Est. 1978
Employees · EPFO
199
Provident fund records
About Advance Steel Tubes Limited
Data last updated:
Advance Steel Tubes Limited is a public limited company based in Ghaziabad, Uttar Pradesh, India. It operates in the pipe and tubes segment of the manufacturing sector. It was incorporated on 23 March 1978 and has been in existence for over 48 years.
The company is registered with the Registrar of Companies (ROC), Uttar Pradesh, under CIN L24231UP1978PLC004583. Its GSTIN is 09AACCA6765B1ZS (Uttar Pradesh). The company holds 6 GST registrations, of which 3 are active. It is a listed company as per MCA records.
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹74 Lakh. It was formerly known as Diwakar Investments Limited. It is led by directors including Deoki Agrawal Nandan (Managing Director) and Deepika Gaur.
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 45/3 Industrial Areasite IV Sahiba Bad Ghaziabad, Uttar Pradesh, India – 201020.
As per the financials filed for FY 2025, the company reported a revenue of ₹87.98 Cr, a decline of 44% compared to the previous year. For the same year it recorded a net profit of ₹5.91 Cr (net margin 6.7%) and EBITDA of ₹9.51 Cr (EBITDA margin 10.8%). Revenue has declined at a compounded annual rate (CAGR) of 8% over three years.
The company has about 199 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Advance Steel Tubes Limited. As per MCA filings, the company has open charges of ₹38.37 Cr and satisfied charges of ₹127.39 Cr on record. Court records list 44 cases involving the company, including 18 filed by the company and 26 filed against it; 4 cases are pending.
Advance Steel Tubes Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-UP-29-0002795). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website advance.co.in.
Company details
CIN L24231UP1978PLC004583
Registration Number 004583
Incorporation Date 23 March 1978
ROC Uttar Pradesh
Listing Status Listed
Company Status Active
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-UP-29-0002795
Recognitions & Rankings of Advance Steel Tubes
Contact details
Advance Steel Tubes Limited's registered office is in Ghaziabad, Uttar Pradesh. Its website is advance.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address45/3 Industrial Areasite IV Sahiba Bad Ghaziabad, Uttar Pradesh, India – 201020
- IndustryManufacturing, Pipe & Tubes
To see the full contact details of Advance Steel Tubes Limited, buy the company report.
Comprehensive company report
Advance Steel Tubes 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Brands
Advance Steel Tubes operates one associated brand: Advance Steel Tubes Limited. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturing of steel tubes, pipes, and PVC products in India. | advance.co.in |
Business activity
The main business activity of Advance Steel Tubes 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 Advance Steel Tubes Limited, buy the company report.
Financials of Advance Steel Tubes Limited
FY 2025 filings availableAdvance Steel Tubes Limited reported revenue of ₹87.98 Cr (down 44% YoY) for FY 2025.
Revenue · FY 2025
₹87.98 Cr ▼ 44%
Net profit · FY 2025
₹5.91 Cr margin 6.7%
EBITDA · FY 2025
₹9.51 Cr margin 10.8%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 44%
3 years · compounded
▼ 8%
EBITDA CAGR growth
1 year
▼ 12%
5 years · compounded
▲ 23%
Revenue has declined at a compounded annual rate (CAGR) of 8% over three years, including a 44% fall in the latest year. EBITDA fell 12% 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 | ₹87.98 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹9.51 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹5.91 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 | 10.8% | ||||
| Net Profit Margin | 6.7% | ||||
| 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 Advance Steel Tubes Limited, buy the company report.
Board of directors and KMP of Advance Steel Tubes Limited
Advance Steel Tubes Limited currently reports 6 directors and 1 key managerial person. 5 former directors have served the organization.
Current Directors and KMP
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Deoki Agrawal Nandan Also directs: Advance Ispat (India) Limited, TSL Piping Solutions Private Limited, Shaksham International Private Limited and 2 more | Managing Director | 12 Mar 1979 | 47 Years 8 Months | Current |
| Deepika Gaur | Director | 27 Jun 2024 | 2 Years 4 Months | Current |
| Lalit Agarwal Also directs: Tirupati Structurals Limited, Advance Ispat (India) Limited, Realopolis Pro-Estates LLP and 5 more | Director | 14 Nov 1987 | 39 Years 0 Months | Current |
| Divya Chawla | Director | 30 Mar 2024 | 2 Years 7 Months | Current |
| Ankita Mathpal Also directs: Sophia Exports Limited, Marda Commercial & Holdings Ltd | Director | 27 Jun 2024 | 2 Years 4 Months | Current |
| Aashish Agarwal Also directs: Deserving Enterprises LLP, Advance Infrasolutions LLP, Dahegaon Coal and Power LLP and 5 more | Director | 17 Aug 2015 | 11 Years 2 Months | Current |
Showing 6 of 7 current directors and KMP. View all directors and KMP
Peer comparison
Advance Steel Tubes Limited is compared with the 8 companies closest to it by revenue in the Metals and Minerals industry (Pipes, 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 |
|---|---|---|---|---|---|---|
| Shreegopal Govind Sponge Private Limited | ₹88.35 Cr (FY 2025) | -14.0% | Kolkata, West Bengal, India | |||
| Jagraon Concast Private Limited | ₹88.11 Cr (FY 2025) | -6.0% | Ludhiana, Punjab, India | |||
| Navratan Vinimay Pvt Ltd | ₹87.98 Cr (FY 2024) | 21.0% | Kolkata, West Bengal, India | |||
| Advance Steel Tubes Limitedthis company | ₹87.98 Cr (FY 2025) | ₹5.91 Cr | 6.7% | -44.0% | 199 | Ghaziabad, Uttar Pradesh, India |
| Vehlna Steels and Alloys Private Limited | ₹87.66 Cr (FY 2023) | 10.0% | Uttar Pradesh, India | |||
| JSL Super Steel Limited | ₹87.55 Cr (FY 2025) | 39.0% | Hisar, Haryana, India | |||
| NKH Alloys Private Limited | ₹87.35 Cr (FY 2025) | 4.0% | Ludhiana, Punjab, India | |||
| Paradise Steels Private Limited | ₹87.34 Cr (FY 2025) | 6.0% | Jodhpur, Rajasthan, India | |||
| Vaishnavi Ferro Tech Private Limited | ₹87.15 Cr (FY 2025) | -4.0% | Ramgarh, Jharkhand, India |
To see the full peer comparison of Advance Steel Tubes Limited, buy the company report.
Auditor
Advance Steel Tubes Limited is audited by SINGHAL SHUBHAM & CO for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SINGHAL SHUBHAM & CO | FY 2022 | 028611C |
Shareholding
The shareholding of Advance Steel Tubes Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Advance Steel Tubes Limited, buy the company report.
Charges & borrowings
Open charges
₹38.37 Cr
Satisfied charges
₹127.39 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 13 Nov 2025 | 101210122 | Hdfc Bank Limited | ₹5 Lakh | Open | |
| 14 Sep 2023 | 100803960 | Hdfc Bank Limited | ₹3.86 Lakh | Open | |
| 07 Oct 2022 | 100683965 | Hdfc Bank Limited | ₹18 Lakh | Open | |
| 21 Mar 2020 | 100333728 | Others | ₹6 Cr | Open | |
| 03 Jul 2019 | 100275072 | Hdfc Bank Limited | ₹31.6 Cr | Open |
To see the full charge records of Advance Steel Tubes Limited, buy the company report.
Total charge records: 27 View all charges
Legal cases
Advance Steel Tubes Limited has 44 court cases on record: 18 filed by Advance Steel Tubes, 26 filed against it. 4 cases are pending and 40 are disposed.
Total cases
44
Filed by the company
18
Filed against the company
26
Pending
4
Disposed
40
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 32 | 16 | 3 |
| District courts | 11 | 10 | 1 |
| Supreme Court | 1 | 0 | 0 |
Cases on record (5 of 44)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Shahdara, Delhi | Arbitration matter | Filed against the company by Alstom T and D India Ltd. | Disposed |
| District court, East, Delhi | Arbitration matter | Filed against the company by Alstom T and D India Ltd | Disposed |
| High Court of Delhi | Court case (O.M.P.) | Filed against the company by Alstom T and D India Limited | Disposed |
| District court, New Delhi, Delhi | Arbitration matter | Filed against the company by Chennai Network Infrastructure Ltd. | Disposed |
| District court, Ghaziabad, Uttar Pradesh | Criminal case | Filed against the company by an individual | Pending |
To see the full case history of Advance Steel Tubes 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.
Credit ratings & regulatory alerts
Advance Steel Tubes Limited was last rated by Crisil on 30 Oct 2019.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 30 Oct 2019 |
To see the full credit ratings and regulatory alerts of Advance Steel Tubes Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Advance Steel Tubes Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Advance Steel Tubes Limited has a workforce of 199 employees on its EPFO records as of May 2026, across 4 active EPFO establishments.
Employee count
199
Active EPFO establishments
4
Employee growth
4.2%
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 199 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 |
To see the full employee and EPFO history of Advance Steel Tubes Limited, buy the company report.
GST
Advance Steel Tubes has 6 GST registrations: 3 active and 3 cancelled or inactive.
Total GSTINs
6
Active
3
Cancelled / inactive
3
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 09AACCA6765B1ZS | Uttar Pradesh | Active | 01 Jul 2017 |
| 05AACCA6765B1Z0 | Uttarakhand | Active | 01 Jul 2017 |
| 01AACCA6765B1Z8 | Jammu and Kashmir | Active | 08 Jul 2017 |
To see the full GST registrations and return filing status of Advance Steel Tubes Limited, buy the company report.
Recent activity
Advance Steel Tubes Limited has 12 board changes on record since 1979: 7 appointments and 5 cessations. The latest: Ankita Mathpal was appointed as Director on 27 Jun 2024.
Charges
A charge registered on 18 May 2009 via Charge ID 10162052 with Bank Of India was fully satisfied on 05 May 2026.
Charges
A charge registered on 18 May 2009 via Charge ID 10162055 with Bank Of India was fully satisfied on 05 May 2026.
Charges
A charge registered on 24 Dec 2008 via Charge ID 10138822 with Bank Of India was fully satisfied on 05 May 2026.
Charges
A charge registered on 24 Dec 2008 via Charge ID 10138882 with Bank Of India was fully satisfied on 05 May 2026.
Charges
A charge registered on 31 Mar 2005 via Charge ID 90280885 with Bank Of India was fully satisfied on 05 May 2026.
Charges
A charge registered on 22 Dec 1995 via Charge ID 90278930 with Bank Of India was fully satisfied on 05 May 2026.
Charges
A charge registered on 04 Mar 1985 via Charge ID 90278182 with Bank Of India was fully satisfied on 05 May 2026.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.05 Cr with Charge ID 101210122 was registered on 13 Nov 2025.
AGM
Advance Steel Tubes Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge registered on 10 May 2019 via Charge ID 100274543 with Others was fully satisfied on 15 Jul 2025.
Filing
Advance Steel Tubes Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Uttar Pradesh Ii.
Appointed
Ankita Mathpal was appointed as Director.
60 earlier events are in the company report.
Frequently asked questions
Advance Steel Tubes is an active public limited company based in Ghaziabad, Uttar Pradesh, India. The company works in pipe and tubes, within the manufacturing industry. It was incorporated on 23 March 1978 (48+ years old) and is registered under CIN L24231UP1978PLC004583.
Advance Steel Tubes has 7 current directors and KMP:
- Deoki Agrawal Nandan - Managing Director
- Deepika Gaur - Director
- Lalit Agarwal - Director
- Divya Chawla - Director
- Ankita Mathpal - Director
- Aashish Agarwal - Director
- Vatsal Agarwal - Cfo
The latest financial statements of Advance Steel Tubes 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 Advance Steel Tubes is 09AACCA6765B1ZS, registered in Uttar Pradesh. The company has 6 GST registrations in all, of which 3 are active and 3 are cancelled or inactive. Other active GSTINs include 05AACCA6765B1Z0 (Uttarakhand), 01AACCA6765B1Z8 (Jammu and Kashmir).
The CIN (Corporate Identification Number) of Advance Steel Tubes is L24231UP1978PLC004583. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. Advance Steel Tubes is a listed company as per MCA records.
Advance Steel Tubes has 44 court cases on record: 18 filed by the company and 26 filed against it. 4 are pending. Most are in the high courts.
Advance Steel Tubes was incorporated on 23 March 1978, making it 48+ years old. It is registered with the Registrar of Companies, Uttar Pradesh.
The peers of Advance Steel Tubes by revenue are Shreegopal Govind Sponge Private Limited, Jagraon Concast Private Limited, Navratan Vinimay Pvt Ltd, Vehlna Steels and Alloys Private Limited, JSL Super Steel Limited and 3 more, all in the Metals and Minerals industry (Pipes, Steel), with the same principal business activity (metal and metal products).
Ankita Mathpal was appointed as Director on 27 Jun 2024. Deepika Gaur was appointed as Director on 27 Jun 2024. Daulat Ram Agarwala ceased to be Director on 30 Mar 2024. Advance Steel Tubes has 12 board changes on record in total.
Yes, Advance Steel Tubes is registered as a medium enterprise under Udyam registration (number: UDYAM-UP-29-0002795).
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.
Swiggy Limited Listed company · 92 pages
BharatPe (Resilient Innovations Pvt Ltd) Unlisted company · 78 pages