Austenitic Castings Private Limited
About Austenitic Castings Private Limited
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Austenitic Castings Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the die casting and metal forming segment of the manufacturing sector. It was incorporated on 30 October 2006 and has been in existence for over 20 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U27320TN2006PTC061402. Its GSTIN is 33AAGCA2297Q1Z7 (Tamil Nadu).
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹25 Lakh. It is led by directors Kumar Narayanan and Narayanan Govindasamy.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at 7 – B West Mada Street Srinagar Colony Saidapet, Chennai, Tamil Nadu, India – 600015.
As per the financials filed for FY 2022, the company reported a revenue of ₹2.88 Cr, a growth of 117% compared to the previous year. For the same year it recorded a net loss of ₹39.58 Lakh (net margin -13.8%) and EBITDA of -₹79.3 Lakh (EBITDA margin -27.6%). Revenue has grown at a compounded annual rate (CAGR) of 31% over three years and 15% over five years.
As per MCA filings, the company has satisfied charges of ₹1.7 Cr on record. Court records list 3 cases involving the company, including 2 filed by the company and 1 filed against it; 1 case is pending.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
Contact details
Austenitic Castings Private Limited's registered office is in Chennai, Tamil Nadu. Its e-mail address is in the company report.
- Email
- Registered Address7 – B West Mada Street Srinagar Colony Saidapet, Chennai, Tamil Nadu, India – 600015
- IndustryManufacturing, Die Casting & Metal Forming
To see the full contact details of Austenitic Castings 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
Business activity
The main business activity of Austenitic Castings 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 Austenitic Castings Private Limited, buy the company report.
Financials of Austenitic Castings Private Limited
FY 2022 filings availableAustenitic Castings Private Limited reported revenue of ₹2.88 Cr (up 117% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 15% over five years, including 117% growth in the latest year. EBITDA fell 265% 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 |
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| EBITDA | -₹79.3 Lakh | ||||
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| Net Profit (PAT) | -₹39.58 Lakh | ||||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
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| Profitability | |||||
| EBITDA Margin | -27.6% | ||||
| Net Profit Margin | -13.8% | ||||
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To see the full financial statements and ratios of Austenitic Castings Private Limited, buy the company report.
Board of directors of Austenitic Castings Private Limited
Austenitic Castings has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kumar Narayanan Also directs: Talent Cloud Services LLP, Him Global Engineering Solutions LLP, Him Industrial Engineering Private Limited and 3 more | Director | 17 Feb 2014 | 12 Years 8 Months | Current |
| Narayanan Govindasamy | Director | 09 May 2015 | 11 Years 5 Months | Current |
Auditor
Austenitic Castings Private Limited is audited by P K K G BALASUBRAMANIAM & ASSOCIATES for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| P K K G BALASUBRAMANIAM & ASSOCIATES | FY 2019 | 001547S |
Shareholding
The shareholding of Austenitic Castings Private Limited is on record for 3 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Austenitic Castings Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 21 May 2007 | 10055727 | Ing Vysya Bank Ltd | ₹1.7 Cr | Satisfied |
To see the full charge records of Austenitic Castings Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Austenitic Castings Private Limited has 3 court cases on record: 2 filed by Austenitic Castings, 1 filed against it. 1 case is pending and 2 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 1 | 1 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Nagpur, Maharashtra | Civil suit | Filed against the company by MPM Private Limited Through Officer Kushal Devidas Salodkar | Pending |
| District court, Chennai, Tamil Nadu | Execution petition | Filed by the company against an individual | Disposed |
| District court, Chennai, Tamil Nadu | Civil suit | Filed by the company against an individual | Disposed |
To see the full case history of Austenitic Castings 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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Austenitic Castings Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Austenitic Castings has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAGCA2297Q1Z7 | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Austenitic Castings Private Limited, buy the company report.
Recent activity
Austenitic Castings Private Limited has 10 board changes on record since 2006: 6 appointments and 4 cessations. The latest: Srinivasan Devarajan ceased to be Director on 16 May 2015.
3 earlier events are in the company report.
Frequently asked questions
Austenitic Castings is an active private limited company based in Chennai, Tamil Nadu, India. The company works in die casting and metal forming, within the manufacturing industry. It was incorporated on 30 October 2006 (20+ years old) and is registered under CIN U27320TN2006PTC061402.
Austenitic Castings has 2 current directors:
- Kumar Narayanan - Director
- Narayanan Govindasamy - Director
The latest financial statements of Austenitic Castings on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from 2015 are in the company report.
The GSTIN of Austenitic Castings is 33AAGCA2297Q1Z7, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Austenitic Castings is U27320TN2006PTC061402. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Austenitic Castings has 3 court cases on record: 2 filed by the company and 1 filed against it. 1 is pending.
Austenitic Castings was incorporated on 30 October 2006, making it 20+ years old. It is registered with the Registrar of Companies, Chennai.
Srinivasan Devarajan ceased to be Director on 16 May 2015. Narayanan Govindasamy was appointed as Director on 09 May 2015. Calapatti Venkatakrishnan Sreenivasan ceased to be Director on 16 Aug 2014. Austenitic Castings has 10 board changes on record in total.
The registered office of Austenitic Castings is at 7 – B West Mada Street Srinagar Colony Saidapet, Chennai, Tamil Nadu, India – 600015.
Austenitic Castings operates in the manufacturing industry, in the die casting and metal forming segment.
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