Advance Strips Pvt Ltd
About Advance Strips Pvt Ltd
Data last updated:
Advance Strips Pvt Ltd is a private limited company based in Rajasthan, India. It operates in the steel manufacturing and processing segment of the metals and mining sector. It was incorporated on 23 April 1980 and has been in existence for over 46 years.
The company is registered with the Registrar of Companies (ROC), Jaipur, under CIN U27107RJ1980PTC002014. Its GSTIN is 08AABCA4829P1Z9 (Rajasthan).
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹31.42 Lakh. It is led by directors Pushpa Khandelwal and Yogendra Khandelwal.
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 E – 774 Road No. 13 V.K.I. Area Jaipur – 13, Rajasthan, India.
As per the financials filed for FY 2025, the company reported a revenue of ₹25.53 Cr, a decline of 22% compared to the previous year. For the same year it recorded a net profit of ₹2.28 Cr (net margin 8.9%) and EBITDA of ₹2.9 Cr (EBITDA margin 11.4%). Revenue has grown at a compounded annual rate (CAGR) of 14% over three years and 97% over five years.
Court records list 4 cases involving the company, including 4 filed by the company; 2 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Advance Strips Pvt Ltd's registered office is in Rajasthan. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressE – 774 Road No. 13 V.K.I. Area Jaipur – 13, Rajasthan, India
- IndustryMetals and Minerals, Steel Manufacturing & Processing
To see the full contact details of Advance Strips 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 Advance Strips 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 Strips Pvt Ltd, buy the company report.
Financials of Advance Strips Pvt Ltd
FY 2025 filings availableAdvance Strips Pvt Ltd reported revenue of ₹25.53 Cr (down 22% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 22% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 97%. EBITDA fell 13% 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 | ₹2.9 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹2.28 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 | 11.4% | ||||
| Net Profit Margin | 8.9% | ||||
| 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 Strips Pvt Ltd, buy the company report.
Board of directors of Advance Strips Pvt Ltd
Advance Strips has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pushpa Khandelwal Also directs: Yogendra Khandelwal Design LLP, Ayushi Buildhome Private Limited, Arpan Infin Private Limited and 1 more | Director | 30 Sep 2002 | 24 Years 0 Months | Current |
| Yogendra Khandelwal | Director | 30 Sep 2002 | 24 Years 0 Months | Current |
Peer comparison
Advance Strips Pvt Ltd is compared with the 7 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 |
|---|---|---|---|---|---|---|
| Tirupati Iron India Private Limited | ₹25.75 Cr (FY 2025) | -36.0% | Bhopal, Madhya Pradesh, India | |||
| Vanchinad Forgings Private Limited | ₹25.71 Cr (FY 2025) | -9.0% | Palakkad, Kerala, India | |||
| Satyaratan Steel Private Limited | ₹25.68 Cr (FY 2025) | -32.0% | Bandardewa, Arunachal Pradesh, India | |||
| Barjora Steel & Re-Rolling Mills Private Limited | ₹25.56 Cr (FY 2015) | -10.0% | Kolkata, West Bengal, India | |||
| Advance Strips Pvt Ltdthis company | ₹25.53 Cr (FY 2025) | ₹2.28 Cr | 8.9% | -22.0% | Rajasthan, India | |
| Heet Steel India Private Limited | ₹25.51 Cr (FY 2024) | 9.0% | Ahmedabad, Gujarat, India | |||
| M D Steels Private Ltd. | ₹25.36 Cr (FY 2025) | 20.0% | New Delhi, Delhi, India | |||
| Sebros Steels Private Limited | ₹25.33 Cr (FY 2025) | 58.0% | Nagpur, Maharashtra, India |
To see the full peer comparison of Advance Strips Pvt Ltd, buy the company report.
Auditor
Advance Strips Pvt Ltd is audited by PADAM JAIN & ASSOCIATES for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PADAM JAIN & ASSOCIATES | FY 2018 | 008111C |
Shareholding
The shareholding of Advance Strips Pvt Ltd is on record for 3 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Advance Strips Pvt Ltd, buy the company report.
Legal cases
Advance Strips Pvt Ltd has 4 court cases on record: 4 filed by Advance Strips. 2 cases are pending and 2 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 4 | 0 | 2 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court | Writ petition | Filed by the company against Rajasthan State Industrial Development and Investment Corporation Ltd. (Riico)) and 3 others | Pending |
| High Court of Rajasthan | Writ petition | Filed by the company against Rajasthan State Industrial Development and Investment Corporation Ltd. (Riico) and 1 other | Disposed |
| High Court | Interim or miscellaneous application | Filed by the company against State of Rajasthan | Pending |
| High Court of Rajasthan | Interim or miscellaneous application | Filed by the company against State of Rajasthan | Disposed |
To see the full case history of Advance Strips 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 Advance Strips Pvt Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Advance Strips has 1 associated company. This group structure data is as of FY 2018. The table lists each entity with its relationship and holding.
GST
Advance Strips has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 08AABCA4829P1Z9 | Rajasthan | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Advance Strips Pvt Ltd, buy the company report.
Recent activity
Advance Strips Pvt Ltd has 2 board changes on record since 2002: 2 appointments. The latest: Pushpa Khandelwal was appointed as Director on 30 Sep 2002.
Frequently asked questions
Advance Strips is an active private limited company based in Rajasthan, India. The company works in steel manufacturing and processing, within the metals and minerals industry. It was incorporated on 23 April 1980 (46+ years old) and is registered under CIN U27107RJ1980PTC002014.
Advance Strips has 2 current directors:
- Pushpa Khandelwal - Director
- Yogendra Khandelwal - Director
The latest financial statements of Advance Strips 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 Strips is 08AABCA4829P1Z9, registered in Rajasthan.
The CIN (Corporate Identification Number) of Advance Strips is U27107RJ1980PTC002014. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Advance Strips has 4 court cases on record: 4 filed by the company. 2 are pending.
Advance Strips was incorporated on 23 April 1980, making it 46+ years old. It is registered with the Registrar of Companies, Jaipur.
The peers of Advance Strips by revenue are Tirupati Iron India Private Limited, Vanchinad Forgings Private Limited, Satyaratan Steel Private Limited, Barjora Steel & Re-Rolling Mills Private Limited, Heet Steel India Private Limited and 2 more, all in the Metals and Minerals industry (Steel), with the same principal business activity (metal and metal products).
Pushpa Khandelwal was appointed as Director on 30 Sep 2002. Yogendra Khandelwal was appointed as Director on 30 Sep 2002.
The registered office of Advance Strips is at E – 774 Road No. 13 V.K.I. Area Jaipur – 13, Rajasthan, India.
Advance Strips operates in the metals and minerals industry, in the steel manufacturing and processing segment.