About Nilkanth Steels
Nilkanth Steels is an Industrial Goods & Manufacturing company based in Gandhidham (India). It manufactures and supplies durable steel bars for industrial applications. It operates on a B2B model. The company has 353 employees. Its Indian entity Nilkanth Concast Private Limited reported revenue of ₹565 Cr. Its focus areas include Manufacturing, Metals, Steel Production and Bars and Supplies. Similar companies include Tata Steel, Shyam Steel and SISCOL; 2 of its 3 listed similar companies have raised funding.
Company details
Nilkanth Steels manufactures and supplies durable steel bars for industrial applications through producing manufactured goods, metals, steel production, and bars and supplies. Prioritizing client-centric approaches, it ensures high-quality outcomes, innovation, and sustainable practices in its field. It continues to evolve, meeting industry challenges with strategic approaches.
- Headquarters Gandhidham, India
- Employees 353
- SectorsIndustrial Goods & Manufacturing
- Website nilkanthsteels.com
- Social X Facebook
- Legal Name Nilkanth Concast Private Limited
- Date of Incorporation 21 Aug, 2003
- Jurisdiction Ahmedabad, Gujarat, India
- Annual Revenue₹565 Cr
FY 2024 · -12% YoY
- Net Profit₹5.79 Cr
FY 2024 · 1% margin
- EBITDA₹26.54 Cr
FY 2024 · 5% margin
- Employee Count353
Associated legal entities of Nilkanth Steels
Nilkanth Steels operates through Nilkanth Concast Private Limited (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 |
|---|---|---|---|---|---|---|---|
| Nilkanth Concast Private Limited CIN U27106GJ2003PTC042778 | Active | 21 Aug 2003 | Ahmedabad, Gujarat | ₹565 Cr | 353 | 3 | View details |
Board of directors of Nilkanth Concast Private Limited (Nilkanth Steels)
Nilkanth Concast Private Limited is the primary company behind Nilkanth Steels. The board of Nilkanth Concast Private Limited currently have 3 directors; the longest-serving is Girija Chandrasekhar Ayachi, appointed in 2005. 5 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Girija Chandrasekhar Ayachi DIN 01136994 | Director | 05 Aug 2005 | 21 yrs 2 mo | Nilkanth Concast Private Limited |
| Chandrasekhar Narsangji Ayachi DIN 01137053 | Director | 24 Aug 2006 | 20 yrs 2 mo | Nilkanth Concast Private Limited |
| Gadhvi Ghanshyamdan DIN 11180422 | Director | 03 Jul 2025 | 1 yr 3 mo | Nilkanth Concast Private Limited |
Financials of Nilkanth Steels
Figures of Nilkanth Concast Private Limited, the primary company behind Nilkanth Steels, for FY 2024. Revenue was ₹565 Cr (-12% year on year). Net profit was ₹5.79 Cr (1% margin). EBITDA was ₹26.54 Cr (5% margin). Revenue has grown at a compounded annual rate of +18% over three years and +2% over five years.
- ₹565 CrRevenue · FY 2024 · -12% YoY
- ₹5.79 CrNet profit · 1% margin
- ₹26.54 CrEBITDA · 5% margin
- ₹3.39 CrPaid-up capital
- 353Employees (provident fund records)
- +18%Revenue CAGR, 3 years
- +2%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Nilkanth Concast Private Limited are on its company page.
Detailed financial statements for Nilkanth Steels
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Similar companies to Nilkanth Steels
Nilkanth Steels has 3 listed similar companies in our database, 2 of them funded. They include Tata Steel, Shyam Steel and SISCOL.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| tatasteel.com | 1907 | Jamshedpur, India | 116 | Steel and related metal products are manufactured globally. | ||
| shyamsteel.com | 1953 | Kolkata, India | $18.8M | 6,785 | Manufacturer and supplier of TMT rebar, billets, sponge iron and ferro alloys | |
| siscol.co.in | 2017 | Delhi, India | $11.54M | 636 | End-to-end steel structure solutions are provided for construction projects. |
Detailed similar companies of Nilkanth Steels
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Top companies in Metals & Minerals
3 companies that operate in the same segment as Nilkanth Steels (Metals & Minerals) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Manufacturer of pipes, plates & coils, and home textile products | 1985 | Mumbai, Maharashtra, India | USD 544.74 M | 6,934 | ||
Chemical and casting products are manufactured, with shipping operations managed. | 1962 | Chennai, Tamil Nadu, India | USD 576.61 M | USD 1.43 B | 180 | |
Diversified operations span automotive, agriculture, and financial services. | 1945 | Mumbai, Maharashtra, India | USD 45.15 M | USD 20.78 B | 78,760 |
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Frequently Asked Questions about Nilkanth Steels
Nilkanth Steels is headquartered in Gandhidham, India. It is registered at Gandhidham, Gujarat, India.
Nilkanth Steels has 353 employees.
The primary company behind Nilkanth Steels, Nilkanth Concast Private Limited, reported revenue of ₹565 Cr for FY 2024, down 12% year on year.
Nilkanth Steels manufactures and supplies durable steel bars for industrial applications through producing manufactured goods, metals, steel production, and bars and supplies. Prioritizing client-centric approaches, it ensures high-quality outcomes, innovation, and sustainable practices in its field. It continues to evolve, meeting industry challenges with strategic approaches.
Nilkanth Steels's top competitors include Tata Steel, SISCOL and Shyam Steel.
Nilkanth Steels operates through Nilkanth Concast Private Limited.
The legal entities of Nilkanth Steels currently have 3 directors, including Girija Chandrasekhar Ayachi, Chandrasekhar Narsangji Ayachi, Gadhvi Ghanshyamdan.