Aggarwal Metcast Private Limited

Aggarwal Metcast Private Limited - metals and minerals in Bhavnagar, Gujarat, India. FY 2026 financials & compliance.
CIN U27310GJ1993PTC019955 Incorporated 05 August 1993 ROC Ahmedabad HQ Bhavnagar, Gujarat, India
Active Private Limited Company metals and minerals MSME · Medium
Revenue · FY 2024
₹70.04 Cr
▼ 0.59% YoY
Net loss · FY 2024
₹1.28 Cr
Net margin -1.8%
EBITDA · FY 2024
-₹1.01 Cr
EBITDA margin -1.4%
Authorised capital
₹1 Cr
Registered with MCA
Paid-up capital
₹90 Lakh
Issued & subscribed
Open charges
₹222 Cr
Secured borrowings
Company age
33 yrs
Est. 1993
Directors on board
2
As per MCA filings

About Aggarwal Metcast Private Limited

Data last updated:

Aggarwal Metcast Private Limited is a private limited company based in Bhavnagar, Gujarat, India. It operates in the steel manufacturing and processing segment of the metals and mining sector. It was incorporated on 05 August 1993 and has been in existence for over 33 years.

The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U27310GJ1993PTC019955. Its GSTIN is 24AABCA8116H1Z0 (Gujarat).

The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹90 Lakh. It was formerly known as Aggarwal Buildcon Private Limited and Aggarwal Shipbreakers Private Limited. It is led by directors Sukesh Balkrishan Aggarwal and Mukesh Balkrishan Gupta.

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 Ub Aggarwal House Plot No.2291/2292/A – 1 Near Sbi Training Centre Hill Drive, Bhavnagar, Gujarat, India – 364002.

As per the financials filed for FY 2024, the company reported a revenue of ₹70.04 Cr. For the same year it recorded a net loss of ₹1.28 Cr (net margin -1.8%) and EBITDA of -₹1.01 Cr (EBITDA margin -1.4%). Revenue has grown at a compounded annual rate (CAGR) of 21% over three years and 8% over five years.

As per MCA filings, the company has open charges of ₹222 Cr on record. Court records list 1 case involving the company, including 1 filed by the company.

Aggarwal Metcast Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-05-0034014). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ubag.in.

Company details

CIN U27310GJ1993PTC019955
Registration Number 019955
Incorporation Date 05 August 1993
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-GJ-05-0034014

Name history

Aggarwal Metcast has undergone 2 name changes throughout its history. The company was previously known as Aggarwal Buildcon Private Limited, and Aggarwal Shipbreakers Private Limited. The current legal name is Aggarwal Metcast Private Limited.

Company NameStatus
Aggarwal Metcast Private LimitedCurrent
Aggarwal Buildcon Private LimitedPrevious
Aggarwal Shipbreakers Private LimitedPrevious

CIN history

Aggarwal Metcast has one previous CIN (Corporate Identification Number): U45201GJ1993PTC019955. The current CIN is U27310GJ1993PTC019955, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U27310GJ1993PTC019955Current
U45201GJ1993PTC019955Previous

Recognitions & Rankings of Aggarwal Metcast

MSME (Udyam registered) Ministry of MSME
Category
Medium (2024-25)
Udyam number
UDYAM-GJ-05-0034014

Contact details

Aggarwal Metcast Private Limited's registered office is in Bhavnagar, Gujarat. Its website is ubag.in. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
  • Registered Address
    Ub Aggarwal House Plot No.2291/2292/A – 1 Near Sbi Training Centre Hill Drive, Bhavnagar, Gujarat, India – 364002
  • Industry
    Metals and Minerals, Steel Manufacturing & Processing

To see the full contact details of Aggarwal Metcast Private Limited, buy the company report.

Comprehensive company report
Aggarwal Metcast 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 Aggarwal Metcast is manufacturing. In detail, this covers metal and metal products.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC7Metal and metal products

To see the full business activity and turnover split of Aggarwal Metcast Private Limited, buy the company report.

Financials of Aggarwal Metcast Private Limited

FY 2025 filings available

Aggarwal Metcast Private Limited reported revenue of ₹70.04 Cr for FY 2024.

Revenue · FY 2024
₹70.04 Cr
Net loss · FY 2024
₹1.28 Cr margin -1.8%
EBITDA · FY 2024
-₹1.01 Cr margin -1.4%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
3 years · compounded
▲ 21%
5 years · compounded
▲ 8%
EBITDA CAGR growth
1 year
▼ 302%
3 years · compounded
▼ 60%
5 years · compounded
▼ 25%

Revenue has grown at a compounded annual rate (CAGR) of 8% over five years. EBITDA fell 302% 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 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-₹1.01 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹1.28 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin-1.4%
Net Profit Margin-1.8%
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 Aggarwal Metcast Private Limited, buy the company report.

Board of directors of Aggarwal Metcast Private Limited

Aggarwal Metcast has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Sukesh Balkrishan AggarwalDirector17 Dec 200619 Years 10 MonthsCurrent
Mukesh Balkrishan GuptaDirector11 Aug 20215 Years 3 MonthsCurrent

Peer comparison

Aggarwal Metcast Private Limited is compared with the 8 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.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Vaibhav Mercantile Ltd₹70.32 Cr (FY 2025)-15.0%Mumbai, Maharashtra, India
Jina Special Steel Works Private Limited₹70.29 Cr (FY 2025)20.0%Belgaum, Karnataka, India
Alliage Metal Castings Private Limited₹70.21 Cr (FY 2024)13.0%Bangalore, Karnataka, India
Progressive Stamping Private Limited₹70.2 Cr (FY 2025)34.0%New Delhi, Delhi, India
Himgiri Ispat Private Limited₹70.16 Cr (FY 2023)-7.0%Pauri Garwal, Uttarakhand, India
Aggarwal Metcast Private Limitedthis company₹70.04 Cr (FY 2024)-₹1.28 Cr-1.8%Bhavnagar, Gujarat, India
Khurana Steels Private Limited₹69.91 Cr (FY 2025)-58.0%Punjab, India
Vandana Rolling Mills Private Limited₹69.88 Cr (FY 2025)-10.0%Raipur, Chhattisgarh, India
C.Lal Bright Steels Private Limited₹69.72 Cr (FY 2024)20.0%Palwal, Haryana, India

To see the full peer comparison of Aggarwal Metcast Private Limited, buy the company report.

Auditor

Aggarwal Metcast Private Limited is audited by M A SHAH & ASSOCIATES for the financial year 2023.

Auditor firmFinancial yearFirm registration number
M A SHAH & ASSOCIATESFY 2023128726W

Shareholding

The shareholding of Aggarwal Metcast Private 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 categoryFY 2021FY 2019FY 2018FY 2017FY 2016
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Aggarwal Metcast Private Limited, buy the company report.

Charges & borrowings

Open charges
₹222 Cr
Satisfied charges
None
Breakdown by lending institutions
Others₹100.00 Cr
Indian Overseas Bank₹72.00 Cr
Punjab National Bank₹50.00 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
25 May 201210359524Others₹100 CrOpen
18 Jun 201010227616Punjab National Bank₹50 CrOpen
13 Sep 200280055255Indian Overseas Bank₹72 CrOpen

To see the full charge records of Aggarwal Metcast Private Limited, buy the company report.

Total charge records: 3 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Aggarwal Metcast Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Aggarwal Metcast has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
24AABCA8116H1Z0GujaratActive01 Jul 2017

To see the full GST registrations and return filing status of Aggarwal Metcast Private Limited, buy the company report.

Recent activity

Aggarwal Metcast Private Limited has 5 board changes on record since 2006: 2 appointments and 3 cessations. The latest: Mukesh Balkrishan Gupta ceased to be Additional Director on 30 Nov 2021.

AGM
Aggarwal Metcast Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Aggarwal Metcast Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Charges
A charge with Others of Rs. 100.00 Cr registered on 25 May 2012 with Charge ID 10359524 was modified on 17 Nov 2022.
Ceased
Mukesh Balkrishan Gupta ceased to be Additional Director.
Ceased
Balkrishna Hansraj Aggarwal ceased to be Director.
Appointed
Mukesh Balkrishan Gupta was appointed as Director.
Charges
A charge with Others amounted to Rs. 100.00 Cr with Charge ID 10359524 was registered on 25 May 2012.
Ceased
Sanjivkumar Bhushanlal Jain ceased to be Director.
Charges
A charge with Punjab National Bank amounted to Rs. 50.00 Cr with Charge ID 10227616 was registered on 18 Jun 2010.
Charges
A charge with Indian Overseas Bank of Rs. 72.00 Cr registered on 13 Sep 2002 with Charge ID 80055255 was modified on 14 Jul 2009.
Appointed
Sukesh Balkrishan Aggarwal was appointed as Director.
Charges
A charge with Indian Overseas Bank amounted to Rs. 72.00 Cr with Charge ID 80055255 was registered on 13 Sep 2002.

1 earlier event is in the company report.

Frequently asked questions

Aggarwal Metcast is an active private limited company based in Bhavnagar, Gujarat, India. The company works in steel manufacturing and processing, within the metals and minerals industry. It was incorporated on 05 August 1993 (33+ years old) and is registered under CIN U27310GJ1993PTC019955.

Aggarwal Metcast has 2 current directors:

The latest financial statements of Aggarwal Metcast 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 Aggarwal Metcast is 24AABCA8116H1Z0, registered in Gujarat.

The CIN (Corporate Identification Number) of Aggarwal Metcast is U27310GJ1993PTC019955. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Aggarwal Metcast has 1 court case on record: 1 filed by the company.

Aggarwal Metcast was incorporated on 05 August 1993, making it 33+ years old. It is registered with the Registrar of Companies, Ahmedabad.

The peers of Aggarwal Metcast by revenue are Vaibhav Mercantile Ltd, Jina Special Steel Works Private Limited, Alliage Metal Castings Private Limited, Progressive Stamping Private Limited, Himgiri Ispat Private Limited and 3 more, all in the Metals and Minerals industry (Steel), with the same principal business activity (metal and metal products).

Mukesh Balkrishan Gupta ceased to be Additional Director on 30 Nov 2021. Balkrishna Hansraj Aggarwal ceased to be Director on 11 Aug 2021. Mukesh Balkrishan Gupta was appointed as Director on 11 Aug 2021. Aggarwal Metcast has 5 board changes on record in total.

Yes, Aggarwal Metcast is registered as a medium enterprise under Udyam registration (number: UDYAM-GJ-05-0034014).

Aggarwal Metcast can be reached through the website ubag.in. Its registered office is in Bhavnagar, Gujarat, India.