About Elite Steels
Elite Steels is an Industrial Goods & Manufacturing company based in India founded in 1991. Manufacturing of cranes, attachments, and material handling solutions. The company has 66 employees. Its Indian entity Elite Steels Pvt. Ltd. reported revenue of ₹67.97 Cr. Elite Steels offers products and services including Cranes and Spare Parts and Accessories. Its focus areas include Manufacturing, Industrial Equipment, Cranes and Material Handling Solutions.
Company details
Since 1991, material handling solutions have been delivered by Elite Steels, spanning cranes, attachments, and spare parts tailored for industrial needs. Products are designed to meet rigorous standards like IS 807 and are specialized for steel plant operations, including M8 duty cranes. Facilities in Faridabad, India, support global reach across 20 countries, with reliability ensured through ISO standards and customized engineering. Over 90 repeat customers reflect consistent performance in serving various industries.
- Headquarters India
- Employees 66
- SectorsIndustrial Goods & Manufacturing
- Email••••••••
- Website elitecranes.com
- Social LinkedIn Facebook YouTube
- Legal Name Elite Steels Pvt. Ltd.
- Date of Incorporation 01 Jul, 1991
- Jurisdiction New Delhi, Delhi, India
- Annual Revenue₹67.97 Cr
FY 2024 · -1% YoY
- Net Profit₹7.72 Cr
FY 2024 · 11% margin
- EBITDA₹11.58 Cr
FY 2024 · 17% margin
- Employee Count66
Associated legal entities of Elite Steels
Elite Steels operates through Elite Steels Pvt. Ltd. (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Elite Steels Pvt. Ltd. CIN U27109DL1991PTC181113 | Active | 01 Jul 1991 | New Delhi, Delhi | ₹68.0 Cr | 66 | 2 | View details |
Products & Services of Elite Steels
Elite Steels offers a comprehensive portfolio of products and services, including Cranes and Spare Parts and Accessories.
Different types of cranes are manufactured for industrial lifting and moving tasks.
Spare parts and accessories are provided to support the maintenance of material handling equipment.
Apps and channels of Elite Steels
its YouTube channel Elite Cranes (India) has 51 subscribers and 15 videos.
Videos from Elite Steels
The most watched videos on Elite Steels's YouTube channel, Elite Cranes (India) (51 subscribers). Click a video to play it here.
More on Elite Cranes (India).
Board of directors of Elite Steels Pvt. Ltd. (Elite Steels)
Elite Steels Pvt. Ltd. is the primary company behind Elite Steels. The board of Elite Steels Pvt. Ltd. currently have 2 directors; the longest-serving is Manbir Dager, appointed in 1991.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Manbir Dager DIN 00996177 | Director | 01 Jul 1991 | 35 yrs 4 mo | Elite Steels Pvt. Ltd. |
| Tansen Dager DIN 00996248 | Director | 01 Mar 1996 | 30 yrs 8 mo | Elite Steels Pvt. Ltd. |
Financials of Elite Steels
Figures of Elite Steels Pvt. Ltd., the primary company behind Elite Steels, for FY 2024. Revenue was ₹67.97 Cr (-1% year on year). Net profit was ₹7.72 Cr (11% margin). EBITDA was ₹11.58 Cr (17% margin). Revenue has grown at a compounded annual rate of +31% over three years and +18% over five years.
- ₹67.97 CrRevenue · FY 2024 · -1% YoY
- ₹7.72 CrNet profit · 11% margin
- ₹11.58 CrEBITDA · 17% margin
- ₹99 LakhPaid-up capital
- 66Employees (provident fund records)
- +31%Revenue CAGR, 3 years
- +18%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Elite Steels Pvt. Ltd. are on its company page.
Detailed financial statements for Elite Steels
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
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Top companies in Materials Equipment & Tech
3 companies that operate in the same segment as Elite Steels (Materials Equipment & Tech) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Tech-interfaced procurement marketplace is operated for metal manufacturers. | 2017 | Kolkata, West Bengal, India | USD 17.19 M | USD 22.11 M | 48 | |
Retailer of various steel products including mild, stainless, and structural | 2020 | Mumbai, Maharashtra, India | USD 91.56 M | USD 655.54 M | 878 | |
Provider of B2B platform for raw material procurement and credit access | 2015 | Ahmedabad, Gujarat, India | USD 776.03 M | USD 1.88 B | 940 |
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Frequently Asked Questions about Elite Steels
Elite Steels was founded in 1991.
Elite Steels is headquartered in India.
Elite Steels has 66 employees.
The primary company behind Elite Steels, Elite Steels Pvt. Ltd., reported revenue of ₹67.97 Cr for FY 2024, down 1% year on year.
Since 1991, material handling solutions have been delivered by Elite Steels, spanning cranes, attachments, and spare parts tailored for industrial needs. Products are designed to meet rigorous standards like IS 807 and are specialized for steel plant operations, including M8 duty cranes. Facilities in Faridabad, India, support global reach across 20 countries, with reliability ensured through ISO standards and customized engineering. Over 90 repeat customers reflect consistent performance in serving various industries.
Elite Steels offers Cranes and Spare Parts and Accessories.
Elite Steels operates through Elite Steels Pvt. Ltd..
The legal entities of Elite Steels currently have 2 directors, including Manbir Dager, Tansen Dager.