MSME (Udyam registered) Ministry of MSME
- Category
- Small (2023-24)
- Udyam number
- UDYAM-UK-01-0000775
Almora Magnesite Limited - metals and minerals in Almora, Uttarakhand, India. FY 2026 financials & compliance.
Revenue · FY 2022
₹31.41 Cr
▲ 43% YoY
Net profit · FY 2022
₹43.17 Lakh
Net margin 1.4%
EBITDA · FY 2022
₹1.08 Cr
EBITDA margin 3.4%
Authorised capital
₹5 Cr
Registered with MCA
Paid-up capital
₹2 Cr
Issued & subscribed
Open charges
₹6 Cr
Satisfied ₹4.18 Cr
Company age
55 yrs
Est. 1971
Employees · EPFO
352
Provident fund records
About Almora Magnesite Limited
Data last updated:
Almora Magnesite Limited is a public limited company based in Almora, Uttarakhand, India. It operates in the other metals and minerals segment of the metals and mining sector. It was incorporated on 27 August 1971 and has been in existence for over 55 years.
The company is registered with the Registrar of Companies (ROC), Uttarakhand, under CIN U26941UR1971PLC003453. Its GSTIN is 05AAECA3249E1Z3 (Uttarakhand).
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹2 Cr. It is led by directors including Yogesh Kumar Sharma (Managing Director) and Tarapada Dash.
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 Magnesite House Ranidhara Road, Almora, Uttarakhand, India – 263601.
As per the financials filed for FY 2022, the company reported a revenue of ₹31.41 Cr, a growth of 43% compared to the previous year. For the same year it recorded a net profit of ₹43.17 Lakh (net margin 1.4%) and EBITDA of ₹1.08 Cr (EBITDA margin 3.4%). Revenue has grown at a compounded annual rate (CAGR) of 4% over three years and 5% over five years.
The company has about 352 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Almora Magnesite. As per MCA filings, the company has open charges of ₹6 Cr and satisfied charges of ₹4.18 Cr on record. Court records list 20 cases involving the company, including 7 filed by the company and 13 filed against it; 2 cases are pending.
Almora Magnesite Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-UK-01-0000775). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website almoramagnesite.com.
Company details
CIN U26941UR1971PLC003453
Registration Number 003453
Incorporation Date 27 August 1971
ROC Uttarakhand
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-UK-01-0000775
CIN history
Almora Magnesite has one previous CIN (Corporate Identification Number): L26941UR1971PLC003453. The current CIN is U26941UR1971PLC003453, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U26941UR1971PLC003453 | Current |
| L26941UR1971PLC003453 | Previous |
Key People
Yogesh Kumar Sharma Managing Director Praveen Nigam Additional Director Tarapada Dash Director Recognitions & Rankings of Almora Magnesite
Contact details
Almora Magnesite Limited's registered office is in Almora, Uttarakhand. Its website is almoramagnesite.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressMagnesite House Ranidhara Road, Almora, Uttarakhand, India – 263601
- IndustryMetals and Minerals, Other Metals & Minerals
To see the full contact details of Almora Magnesite Limited, buy the company report.
Comprehensive company report
Almora Magnesite 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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Brands
Almora Magnesite operates one associated brand: Almora Magnesite. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Magnesite mining, processing, and supply of industrial and construction materials in India. | almoramagnesite.com |
Business activity
The main business activities of Almora Magnesite are mining and quarrying and manufacturing. In detail, this covers other mining & quarrying activities and metal and metal products. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| B | Mining and quarrying | B4 | Other Mining & Quarrying Activities | |
| C | Manufacturing | C7 | Metal and metal products |
To see the full business activity and turnover split of Almora Magnesite Limited, buy the company report.
Financials of Almora Magnesite Limited
FY 2024 filings availableAlmora Magnesite Limited reported revenue of ₹31.41 Cr (up 43% YoY) for FY 2022.
Revenue · FY 2022
₹31.41 Cr ▲ 43%
Net profit · FY 2022
₹43.17 Lakh margin 1.4%
EBITDA · FY 2022
₹1.08 Cr margin 3.4%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 43%
3 years · compounded
▼ 4%
5 years · compounded
▲ 5%
EBITDA CAGR growth
1 year
▲ 231%
3 years · compounded
▼ 4%
5 years · compounded
▼ 9%
Revenue has grown at a compounded annual rate (CAGR) of 5% over five years, including 43% growth in the latest year. EBITDA rose 231% 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹31.41 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹1.08 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹43.17 Lakh | ||||
| 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 3.4% | ||||
| Net Profit Margin | 1.4% | ||||
| 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 Almora Magnesite Limited, buy the company report.
Board of directors of Almora Magnesite Limited
Almora Magnesite has 6 current directors and 50 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Praveen Nigam Also directs: Sail Refractory Company Limited, Ntpc-Sail Power Company Limited | Additional Director | 16 Aug 2022 | 4 Years 2 Months | Current |
| Tarapada Dash | Director | 30 Sep 2024 | 2 Years 0 Months | Current |
| Rakesh Kumar Singh | Additional Director | 16 Aug 2022 | 4 Years 2 Months | Current |
| Yogesh Kumar Sharma Also directs: Federation of India Mineral Industries | Managing Director | 01 Jan 2014 | 12 Years 9 Months | Current |
| Bhagaban Parida Also directs: Aethel Carbon Private Limited, Genexus Sourcing Private Limited | Director | 30 Sep 2024 | 2 Years 0 Months | Current |
| Kanhu Charan Pradhan | Director | 30 Sep 2024 | 2 Years 0 Months | Current |
Auditor
Almora Magnesite Limited is audited by Aangrishi Karnatak & Company for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Aangrishi Karnatak & Company | FY 2022 | 013172N |
Shareholding
The shareholding of Almora Magnesite 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 Almora Magnesite Limited, buy the company report.
Charges & borrowings
Open charges
₹6 Cr
Satisfied charges
₹4.18 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 09 Dec 1988 | 90274072 | State Bank of India | ₹6 Cr | Open | |
| 29 Sep 2010 | 10241128 | State Bank of India | ₹32.66 Lakh | Satisfied | |
| 08 Apr 2008 | 10106744 | Srei Infrastructure Finance Limited | ₹23.64 Lakh | Satisfied | |
| 30 Aug 1999 | 90277073 | State Bank of India | ₹10.3 Lakh | Satisfied | |
| 30 Aug 1999 | 90279540 | State Bank of India | ₹47.13 Lakh | Satisfied |
To see the full charge records of Almora Magnesite Limited, buy the company report.
Total charge records: 9 View all charges
Legal cases
Almora Magnesite Limited has 20 court cases on record: 7 filed by Almora Magnesite, 13 filed against it. 2 cases are pending and 18 are disposed.
Total cases
20
Filed by the company
7
Filed against the company
13
Pending
2
Disposed
18
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 12 | 11 | 2 |
| District courts | 6 | 0 | 0 |
| Supreme Court | 2 | 2 | 0 |
Cases on record (5 of 20)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Uttarakhand | Court case (WPPIL) | Filed against the company | Pending |
| High Court, UTTARAKHAND | Court case (WPMS) | Filed against the company by individuals | Pending |
| High Court of Uttarakhand | Court case (WPMS) | Filed against the company | Disposed |
| Supreme Court | Court case (3400-Mines, Minerals And Mining Leases) | Filed against the company by Great Himalayan Mineral and Chemicals Through Its Partner Vijayant Jaiswal Rampur Road, Haldwani, Uttarakhand , District: Haldwani , , Uttarakhand | Disposed |
| High Court, UTTARAKHAND | Court case (WPSS) | Filed against the company by an individual | Disposed |
To see the full case history of Almora Magnesite 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.
MSME payment delays
Almora Magnesite Limited has 3 MSME Form 1 returns on record between 2021 and 2022, listing 4 overdue payments to 1 micro and small supplier. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (1 of 1)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier |
To see the full MSME payment records of Almora Magnesite Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Almora Magnesite Limited has a workforce of 352 employees on its EPFO records as of Oct 16, 2024, across 1 active EPFO establishment.
Employee count
352
Active EPFO establishments
1
Employee growth
-1.95%
GST
Almora Magnesite has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 05AAECA3249E1Z3 | Uttarakhand | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Almora Magnesite Limited, buy the company report.
Recent activity
Almora Magnesite Limited has 58 board changes on record since 2007: 9 appointments and 49 cessations. The latest: Bhagaban Parida was appointed as Director on 30 Sep 2024.
AGM
Almora Magnesite Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Appointed
Bhagaban Parida was appointed as Director.
Appointed
Kanhu Charan Pradhan was appointed as Director.
Appointed
Tarapada Dash was appointed as Director.
Ceased
Anuradha Pal ceased to be Additional Director.
Filing
Almora Magnesite Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Uttarakhand.
Appointed
Anuradha Pal was appointed as Additional Director.
Ceased
Arvind Singh Hyanki ceased to be Additional Director.
Ceased
Reena Joshi ceased to be Additional Director.
Ceased
Ashok Kumar Panda ceased to be Additional Director.
Appointed
Praveen Nigam was appointed as Additional Director.
Appointed
Rakesh Kumar Singh was appointed as Additional Director.
69 earlier events are in the company report.
Frequently asked questions
Almora Magnesite is an active public limited company based in Almora, Uttarakhand, India. The company works in other metals and minerals, within the metals and minerals industry. It was incorporated on 27 August 1971 (55+ years old) and is registered under CIN U26941UR1971PLC003453.
Almora Magnesite has 6 current directors:
- Yogesh Kumar Sharma - Managing Director
- Praveen Nigam - Additional Director
- Tarapada Dash - Director
- Rakesh Kumar Singh - Additional Director
- Bhagaban Parida - Director
- Kanhu Charan Pradhan - Director
The latest financial statements of Almora Magnesite 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 Almora Magnesite is 05AAECA3249E1Z3, registered in Uttarakhand.
The CIN (Corporate Identification Number) of Almora Magnesite is U26941UR1971PLC003453. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Almora Magnesite has 20 court cases on record: 7 filed by the company and 13 filed against it. 2 are pending. Most are in the high courts.
Almora Magnesite was incorporated on 27 August 1971, making it 55+ years old. It is registered with the Registrar of Companies, Uttarakhand.
Bhagaban Parida was appointed as Director on 30 Sep 2024. Kanhu Charan Pradhan was appointed as Director on 30 Sep 2024. Tarapada Dash was appointed as Director on 30 Sep 2024. Almora Magnesite has 58 board changes on record in total.
Yes, Almora Magnesite is registered as a small enterprise under Udyam registration (number: UDYAM-UK-01-0000775).
Almora Magnesite has 3 MSME Form 1 returns on record between 2021 and 2022, listing 4 overdue payments to 1 micro and small supplier. The latest return was filed on 07 Feb 2024.
Almora Magnesite can be reached through the website almoramagnesite.com. Its registered office is in Almora, Uttarakhand, India.