Brite Metals Private Limited
About Brite Metals Private Limited
Data last updated:
Brite Metals Private Limited is a private limited company based in Coimbatore, Tamil Nadu, India. It operates in the steel manufacturing and processing segment of the metals and mining sector. It was incorporated on 22 March 1980 and has been in existence for over 46 years.
The company is registered with the Registrar of Companies (ROC), Coimbatore, under CIN U27320TZ1980PTC000922. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1.11 Lakh. It is led by directors including Venkatasamynaidu Jaganathan (Managing Director) and Jaganathan Kavitha.
Its last annual general meeting (AGM) was held on 30 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office is at 29 Kallimadai Road Singanallur, Coimbatore, Tamil Nadu, India – 641005.
As per the financials filed for FY 2018, the company reported a revenue of ₹1.25 Lakh. For the same year it recorded a net loss of ₹24,503 (net margin -19.6%) and EBITDA of -₹24,503 (EBITDA margin -19.6%). Revenue has grown at a compounded annual rate (CAGR) of 18% over three years.
As per MCA filings, the company has satisfied charges of ₹20 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Brite Metals Private Limited's registered office is in Coimbatore, Tamil Nadu. Its e-mail address is in the company report.
- Email
- Registered Address29 Kallimadai Road Singanallur, Coimbatore, Tamil Nadu, India – 641005
- IndustryMetals and Minerals, Steel Manufacturing & Processing
To see the full contact details of Brite Metals 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 Brite Metals 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 Brite Metals Private Limited, buy the company report.
Financials of Brite Metals Private Limited
FY 2018 filings availableBrite Metals Private Limited reported revenue of ₹1.25 Lakh for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 18% over three years. EBITDA rose 82% 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ||||
| Other Income | ||||
| Total Revenue | ₹1.25 Lakh | |||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | -₹24,503 | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹24,503 | |||
| 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | -19.6% | |||
| Net Profit Margin | -19.6% | |||
| 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 Brite Metals Private Limited, buy the company report.
Board of directors of Brite Metals Private Limited
Brite Metals has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jaganathan Kavitha | Director | 28 Mar 2007 | 19 Years 7 Months | Current |
| Venkatasamynaidu Jaganathan | Managing Director | 22 Mar 1980 | 46 Years 7 Months | Current |
| Gopal Lalithamani Also directs: Shreeyam Green Energy Private Limited | Director | 20 Sep 1997 | 29 Years 1 Months | Current |
Peer comparison
Brite Metals Private Limited is compared with the 4 companies closest to it by revenue in the Metals and Minerals industry (Metals, 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 |
|---|---|---|---|---|---|---|
| Vindhyavasini Steel Corporation Private Limited | ₹1.25 Lakh (FY 2018) | Mumbai, Maharashtra, India | ||||
| Brite Metals Private Limitedthis company | ₹1.25 Lakh (FY 2018) | -₹24,503 | -19.6% | Coimbatore, Tamil Nadu, India | ||
| Digvijay Ferromet Private Limited | ₹1.25 Lakh (FY 2024) | -62.0% | Kolkata, West Bengal, India | |||
| Brazzen Industries Private Limited | ₹1.25 Lakh (FY 2025) | -97.0% | Jalandhar, Punjab, India | |||
| Footprint Plastics Private Limited | ₹1.24 Lakh (FY 2023) | -15.0% | Kalyan, Maharashtra, India |
To see the full peer comparison of Brite Metals Private Limited, buy the company report.
Auditor
Brite Metals Private Limited is audited by V K S AIYER & CO for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| V K S AIYER & CO | FY 2018 | 000066S |
Shareholding
The shareholding of Brite Metals Private Limited is on record for 4 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Brite Metals Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Aug 2007 | 10071927 | Tamilnad Mercantile Bank Ltd | ₹10 Lakh | Satisfied | |
| 04 Apr 2002 | 90005128 | State Bank of India | ₹10 Lakh | Satisfied |
To see the full charge records of Brite Metals Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
No court or tribunal cases involving Brite Metals Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Brite Metals Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Brite Metals has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Brite Metals Private Limited, buy the company report.
Recent activity
Brite Metals Private Limited has 7 board changes on record since 1980: 3 appointments and 4 cessations. The latest: Jaganathan Kavitha ceased to be Director on 12 Feb 2019.
2 earlier events are in the company report.
Frequently asked questions
Brite Metals is an active private limited company based in Coimbatore, Tamil Nadu, India. The company works in steel manufacturing and processing, within the metals and minerals industry. It was incorporated on 22 March 1980 (46+ years old) and is registered under CIN U27320TZ1980PTC000922.
Brite Metals has 3 current directors:
- Venkatasamynaidu Jaganathan - Managing Director
- Jaganathan Kavitha - Director
- Gopal Lalithamani - Director
The latest financial statements of Brite Metals on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 30 September 2018. Year-wise statements from 2015 are in the company report.
No. Brite Metals has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Brite Metals is U27320TZ1980PTC000922. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Brite Metals was incorporated on 22 March 1980, making it 46+ years old. It is registered with the Registrar of Companies, Coimbatore.
The peers of Brite Metals by revenue are Vindhyavasini Steel Corporation Private Limited, Digvijay Ferromet Private Limited, Brazzen Industries Private Limited, Footprint Plastics Private Limited, all in the Metals and Minerals industry (Metals, Steel), with the same principal business activity (metal and metal products).
Jaganathan Kavitha ceased to be Director on 12 Feb 2019. Kasthuriswamy Naidu Venkatapathy ceased to be Director on 31 Mar 2018. Kasthuriswamynaidu Chelladurai ceased to be Director on 31 Mar 2018. Brite Metals has 7 board changes on record in total.
The registered office of Brite Metals is at 29 Kallimadai Road Singanallur, Coimbatore, Tamil Nadu, India – 641005.
Brite Metals operates in the metals and minerals industry, in the steel manufacturing and processing segment.
Brite Metals has no open charges and satisfied charges of ₹20 Lakh as per latest MCA filings.
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