About Agni Steels Private Limited
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Agni Steels Private Limited is a private limited company based in Erode, Tamil Nadu, India. It operates in the steel manufacturing and processing segment of the metals and mining sector. It was incorporated on 19 October 1989 and has been in existence for over 37 years.
The company is registered with the Registrar of Companies (ROC), Coimbatore, under CIN U27310TZ1989PTC003060. Its GSTIN is 33AABCA7819F1ZX (Tamil Nadu). The company holds 4 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹3 Cr and a paid-up capital of ₹2.41 Cr. It is led by directors including Kaliannan Thangavelu (Managing Director) and Ramanathan Krishnamurthy (Managing Director).
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 Erode, Tamil Nadu.
As per the financials filed for FY 2025, the company reported a revenue of ₹1,079.79 Cr, a growth of 2% compared to the previous year. For the same year it recorded a net profit of ₹31.63 Cr (net margin 2.9%) and EBITDA of ₹74.69 Cr (EBITDA margin 6.9%). Revenue has grown at a compounded annual rate (CAGR) of 10% over three years and 14% over five years.
The company has about 720 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Agni Steels. As per MCA filings, the company has open charges of ₹343.07 Cr and satisfied charges of ₹11.75 Cr on record. Court records list 101 cases involving the company, including 75 filed by the company and 26 filed against it; 9 cases are pending. The company has 7 deals on record (6 secondary share transfers, 1 funding round), with disclosed funding of ₹1.29 Cr; the latest was in December 2023. 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, 3 larger and 3 smaller; the largest is Anjar TMT Steel Private Limited with revenue of ₹1,094.52 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website agnisteels.com.
Company details
Contact details
Agni Steels Private Limited's registered office is in Erode, Tamil Nadu. Its website is agnisteels.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressNo. 39/1 Perundurai Road, Builders Association Building 1st Floor, Erode, Tamil Nadu, India – 638011
- IndustryMetals and Minerals, Steel Manufacturing & Processing
To see the full contact details of Agni Steels 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
Brands
Agni Steels operates one associated brand: Agni Steels. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Steel manufacturing, including TMT bars, billets, and sponge iron in India and South Africa. | agnisteels.com |
Business activity
The main business activity of Agni Steels 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 Agni Steels Private Limited, buy the company report.
Financials of Agni Steels Private Limited
FY 2025 filings availableAgni Steels Private Limited reported revenue of ₹1,079.79 Cr (up 2% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 14% over five years, including 2% growth in the latest year. EBITDA rose 11% 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 |
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| EBITDA | ₹74.69 Cr | ||||
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| Net Profit (PAT) | ₹31.63 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 6.9% | ||||
| Net Profit Margin | 2.9% | ||||
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To see the full financial statements and ratios of Agni Steels Private Limited, buy the company report.
Board of directors of Agni Steels Private Limited
Agni Steels has 6 directors on record. No former directors are listed.
Peer comparison
Agni Steels 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 |
|---|---|---|---|---|---|---|
| Anjar TMT Steel Private Limited | ₹1,094.52 Cr (FY 2025) | 68.0% | Anjar, Gujarat, India | |||
| Shri Lakshmi Metal Udyog Limited | ₹1,081.94 Cr (FY 2022) | 48.0% | Delhi, India | |||
| Jr Metal Chennai Limited | ₹1,080.2 Cr (FY 2024) | 6.0% | Chennai, Tamil Nadu, India | |||
| Agni Steels Private Limitedthis company | ₹1,079.79 Cr (FY 2025) | ₹31.63 Cr | 2.9% | 2.0% | 720 | Erode, Tamil Nadu, India |
| Mangalam Worldwide Limited | ₹1,066.03 Cr (FY 2025) | 30.0% | Ahmedabad, Gujarat, India | |||
| Sakthi Steel Industries Limited | ₹1,065.79 Cr (FY 2025) | -4.0% | Chennai, Tamil Nadu, India | |||
| Vandana Global Limited | ₹1,061.45 Cr (FY 2025) | -2.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Agni Steels Private Limited, buy the company report.
Auditor
Agni Steels Private Limited is audited by KANNAN & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| KANNAN & CO | FY 2023 | 006792S |
Shareholding
The shareholding of Agni Steels Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Agni Steels Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 15 Mar 2023 | 100699890 | Axis Bank Limited | ₹68.77 Cr | Open | |
| 20 Feb 2023 | 100683227 | State Bank of India | ₹100 Cr | Open | |
| 02 Feb 2023 | 100681147 | Axis Bank Limited | ₹25 Cr | Open | |
| 01 Feb 2023 | 100676518 | Hdfc Bank Limited | ₹14.3 Cr | Open | |
| 13 Mar 2019 | 100252627 | Hdfc Bank Limited | ₹82.5 Cr | Open |
To see the full charge records of Agni Steels Private Limited, buy the company report.
Total charge records: 17 View all charges
Deals & funding
Agni Steels Private Limited has 7 deals on record (6 secondary share transfers, 1 funding round), with disclosed funding of ₹1.29 Cr; the latest was in December 2023.
Deals on record (5 of 7)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Dec 2023 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Nov 2023 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: 3 individuals |
| Mar 2016 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Sep 2014 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: 3 individuals |
| Nov 2013 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
To see the full deal history of Agni Steels 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
Agni Steels Private Limited has 101 court cases on record: 75 filed by Agni Steels, 26 filed against it. 9 cases are pending and 92 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 88 | 18 | 7 |
| District courts | 10 | 6 | 2 |
| Supreme Court | 3 | 2 | 0 |
Cases on record (5 of 101)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, TAMIL NADU | Court case (OSA) | Filed against the company by M/S.Kaveri Gas Power Ltd., | Disposed |
| High Court, TAMIL NADU | Original application | Filed by the company against M/S.Kaveri Gas Power Limited | Disposed |
| High Court, TAMIL NADU | Court case (REV.APPL) | Filed by the company against Kaveri Gas Power Limited | Disposed |
| High Court, TAMIL NADU | Court case (OSA) | Filed by the company against Kaveri Gas Power Ltd | Disposed |
| High Court, TAMIL NADU | Appeal | Filed against the company by M/S. Kaveri Gas Power Ltd | Disposed |
To see the full case history of Agni Steels Private 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
Agni Steels Private Limited was last rated by Icra on 25 Apr 2022.
| Rating agency | Rated on | Rating |
|---|---|---|
| Icra | 25 Apr 2022 |
To see the full credit ratings and regulatory alerts of Agni Steels Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Agni Steels Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Agni Steels has 1 associated company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
Employees & EPFO
Agni Steels Private Limited has a workforce of 720 employees on its EPFO records as of Oct 08, 2025, across 2 active EPFO establishments.
GST
Agni Steels has 4 GST registrations: 2 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AABCA7819F1ZX | Tamil Nadu | Active | 01 Jul 2017 |
| 33AABCA7819F1D6 | Tamil Nadu | Active | 07 Nov 2024 |
To see the full GST registrations and return filing status of Agni Steels Private Limited, buy the company report.
Recent activity
Agni Steels Private Limited has 6 board changes on record since 1989: 6 appointments. The latest: Kugalur Thangavelu Ilangovan was appointed as Director on 10 Apr 2019.
30 earlier events are in the company report.
Frequently asked questions
Agni Steels is an active private limited company based in Erode, Tamil Nadu, India. The company works in steel manufacturing and processing, within the metals and minerals industry. It was incorporated on 19 October 1989 (37+ years old) and is registered under CIN U27310TZ1989PTC003060.
Agni Steels has 6 current directors:
- Kaliannan Thangavelu - Managing Director
- Ramanathan Krishnamurthy - Managing Director
- Muthusamy Chinnasami - Managing Director
- Shenbagavalli Krishnamurthy Ramji - Director
- Sakthi Ganesh Chinnasami - Director
- Kugalur Thangavelu Ilangovan - Director
The latest financial statements of Agni Steels 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 Agni Steels is 33AABCA7819F1ZX, registered in Tamil Nadu. The company has 4 GST registrations in all, of which 2 are active and 2 are cancelled or inactive. Other active GSTINs include 33AABCA7819F1D6 (Tamil Nadu).
The CIN (Corporate Identification Number) of Agni Steels is U27310TZ1989PTC003060. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Agni Steels has 101 court cases on record: 75 filed by the company and 26 filed against it. 9 are pending. Most are in the high courts.
Agni Steels was incorporated on 19 October 1989, making it 37+ years old. It is registered with the Registrar of Companies, Coimbatore.
Agni Steels has 7 deals on record (6 secondary share transfers, 1 funding round), with disclosed funding of ₹1.29 Cr; the latest was in December 2023.
The peers of Agni Steels by revenue are Anjar TMT Steel Private Limited, Shri Lakshmi Metal Udyog Limited, Jr Metal Chennai Limited, Mangalam Worldwide Limited, Sakthi Steel Industries Limited and 1 more, all in the Metals and Minerals industry (Steel), with the same principal business activity (metal and metal products).
Kugalur Thangavelu Ilangovan was appointed as Director on 10 Apr 2019. Sakthi Ganesh Chinnasami was appointed as Director on 10 Apr 2019. Shenbagavalli Krishnamurthy Ramji was appointed as Director on 10 Apr 2019. Agni Steels has 6 board changes on record in total.
Agni Steels can be reached through the website agnisteels.com. Its registered office is in Erode, Tamil Nadu, India.
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