MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-MH-18-0028880
Centric Steel Limited - manufacturing in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹89.2 Cr
▼ 7% YoY
Net profit · FY 2024
₹13.22 Lakh
Net margin 0.1%
EBITDA · FY 2024
₹3.71 Cr
EBITDA margin 4.2%
Authorised capital
₹1 Cr
Registered with MCA
Paid-up capital
₹73.39 Lakh
Issued & subscribed
Open charges
₹5 Cr
Satisfied ₹44.5 Cr
Company age
40 yrs
Est. 1986
Employees · EPFO
2
Provident fund records
About Centric Steel Limited
Data last updated:
Centric Steel Limited is a public limited company based in Mumbai, Maharashtra, India. It operates in the pipe and tubes segment of the manufacturing sector. It was incorporated on 05 February 1986 and has been in existence for over 40 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U99999MH1986PLC038866. Its GSTIN is 27AABCB3566C1ZZ (Maharashtra). The company holds 3 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹73.39 Lakh. It was formerly known as Basudev Scarves Pvt Ltd and Centric Iron & Steel Industries Private Limited. It is led by directors including Niraj Wishwanath Kochhar and Adhish Niraj Kochhar.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 43 Sardar Pratap Singh Industrial Estate No. 3 Lbs Marg Bhandup (West), Mumbai, Maharashtra, India – 400078.
As per the financials filed for FY 2024, the company reported a revenue of ₹89.2 Cr, a decline of 7% compared to the previous year. For the same year it recorded a net profit of ₹13.22 Lakh (net margin 0.1%) and EBITDA of ₹3.71 Cr (EBITDA margin 4.2%). Revenue has grown at a compounded annual rate (CAGR) of 23% over three years and 14% over five years.
The company has about 2 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Centric Steel Ltd. As per MCA filings, the company has open charges of ₹5 Cr and satisfied charges of ₹44.5 Cr on record. Court records list 17 cases involving the company, including 12 filed by the company and 5 filed against it; 13 cases are pending.
Centric Steel Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-18-0028880). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website centricsteel.com.
Company details
CIN U99999MH1986PLC038866
Registration Number 038866
Incorporation Date 05 February 1986
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-MH-18-0028880
Name history
Centric Steel has undergone 5 name changes throughout its history. The current legal name is Centric Steel Limited.
| Company Name | Status |
|---|---|
| Centric Steel Limited | Current |
| Basudev Scarves Pvt Ltd | Previous |
| Centric Iron & Steel Industries Private Limited | Previous |
| Centric Iron & Steel Industries Limited | Previous |
| Centric Iron & Steel Idustries Limited | Previous |
| Centric Iron & Steel Industries Limited | Previous |
CIN history
Centric Steel has one previous CIN (Corporate Identification Number): U99999MH1986PTC038866. The current CIN is U99999MH1986PLC038866, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U99999MH1986PLC038866 | Current |
| U99999MH1986PTC038866 | Previous |
Key People
Niraj Wishwanath Kochhar Director Adhish Niraj Kochhar Director Rishab Niraj Kochhar Director Recognitions & Rankings of Centric Steel
Contact details
Centric Steel Limited's registered office is in Mumbai, Maharashtra. Its website is centricsteel.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address43 Sardar Pratap Singh Industrial Estate No. 3 Lbs Marg Bhandup (West), Mumbai, Maharashtra, India – 400078
- IndustryManufacturing, Pipe & Tubes
To see the full contact details of Centric Steel Limited, buy the company report.
Comprehensive company report
Centric Steel 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
Centric Steel operates one associated brand: Centric Steel Ltd. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturing of precision ERW tubes and pipes for industrial use in India. | centricsteel.com |
Business activity
The main business activity of Centric Steel 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 Centric Steel Limited, buy the company report.
Financials of Centric Steel Limited
FY 2025 filings availableCentric Steel Limited reported revenue of ₹89.2 Cr (down 7% YoY) for FY 2024.
Revenue · FY 2024
₹89.2 Cr ▼ 7%
Net profit · FY 2024
₹13.22 Lakh margin 0.1%
EBITDA · FY 2024
₹3.71 Cr margin 4.2%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 7%
3 years · compounded
▲ 23%
5 years · compounded
▲ 14%
EBITDA CAGR growth
1 year
▲ 1%
3 years · compounded
▲ 9%
5 years · compounded
▲ 1%
Revenue fell 7% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 14%. EBITDA rose 1% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹3.71 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹13.22 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 4.2% | ||||
| Net Profit Margin | 0.1% | ||||
| 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 Centric Steel Limited, buy the company report.
Board of directors of Centric Steel Limited
Centric Steel has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Niraj Wishwanath Kochhar Also directs: Vedik Alloys Private Limited, Leo Coded Vessels Pvt Ltd, Gold Star Poly Weave Limited and 2 more | Director | 14 May 2007 | 19 Years 5 Months | Current |
| Adhish Niraj Kochhar Also directs: Leo Coded Vessels Pvt Ltd, Niraj Metal and Alloys Private Limited, Auroraa Solutions Private Limited and 1 more | Director | 14 May 2007 | 19 Years 5 Months | Current |
| Rishab Niraj Kochhar | Director | 01 Feb 2013 | 13 Years 9 Months | Current |
Peer comparison
Centric Steel Limited is compared with the 6 companies closest to it by revenue in the Manufacturing industry (Pipes, 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 |
|---|---|---|---|---|---|---|
| Sri Ramanjaneya Ispat Private Limited | ₹89.47 Cr (FY 2025) | -21.0% | Hyderabad, Telangana, India | |||
| Microtech Seamless Tube Private Limited | ₹89.36 Cr (FY 2025) | 194.0% | Lodhika, Gujarat, India | |||
| Centric Steel Limitedthis company | ₹89.2 Cr (FY 2024) | ₹13.22 Lakh | 0.1% | -7.0% | 2 | Mumbai, Maharashtra, India |
| Shri Radha Raman Steels Private Limited | ₹89.17 Cr (FY 2025) | 5.0% | Delhi, India | |||
| Premier Ispat Limited | ₹89.09 Cr (FY 2020) | -70.0% | Kanpur, Uttar Pradesh, India | |||
| Jay Bharat Metcast Private Limited | ₹89.09 Cr (FY 2024) | -42.0% | Mumbai, Maharashtra, India | |||
| Chhatisgarh Ferro Trades Private Limited | ₹89.08 Cr (FY 2025) | -3.0% | Raipur, Chhattisgarh, India |
To see the full peer comparison of Centric Steel Limited, buy the company report.
Auditor
Centric Steel Limited is audited by Ajitkumar R. Singh for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Ajitkumar R. Singh | FY 2023 | 157442 |
Shareholding
The shareholding of Centric Steel 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 Centric Steel Limited, buy the company report.
Charges & borrowings
Open charges
₹5 Cr
Satisfied charges
₹44.5 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 08 Jun 2022 | 100580330 | Tata Capital Financial Services Limited | ₹5 Cr | Satisfied | |
| 29 Nov 2014 | 10574617 | Kotak Mahindra Bank Limited | ₹15 Cr | Satisfied | |
| 29 Oct 2007 | 10075480 | Canara Bank | ₹24.5 Cr | Satisfied |
To see the full charge records of Centric Steel Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
Centric Steel Limited has 17 court cases on record: 12 filed by Centric Steel, 5 filed against it. 13 cases are pending and 4 are disposed.
Total cases
17
Filed by the company
12
Filed against the company
5
Pending
13
Disposed
4
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 17 | 5 | 13 |
Cases on record (5 of 17)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summary Cases) | Filed by the company against Nirvana Hammocks Pvt Ltd and 2 others | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Ss case SS) | Filed by the company against N and A Turnkey Solutions India Pvt Ltd and 2 Ors and 2 others | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summary Cases) | Filed by the company against Ahura Mazda Manufacturing Company Pvt Ltd and 2 others | Disposed |
| District court, Thane, Maharashtra | Civil suit | Filed against the company by Balaji Freight Logistics Pvt Ltd. | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Commercial suit | Filed by the company against Thameem Jameel Ahamed, Proprietor of J A Enterprises | Pending |
To see the full case history of Centric Steel 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.
Credit ratings & regulatory alerts
Centric Steel Limited was last rated by Icra on 09 Jun 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Icra | 09 Jun 2021 |
To see the full credit ratings and regulatory alerts of Centric Steel Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Centric Steel Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Centric Steel Limited has a workforce of 2 employees on its EPFO records as of Mar 27, 2024, across 1 active EPFO establishment.
Employee count
2
Active EPFO establishments
1
GST
Centric Steel has 3 GST registrations: 1 active and 2 cancelled or inactive.
Total GSTINs
3
Active
1
Cancelled / inactive
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCB3566C1ZZ | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Centric Steel Limited, buy the company report.
Recent activity
Centric Steel Limited has 5 board changes on record since 2007: 3 appointments and 2 cessations. The latest: Rithu Kochhar Niraj ceased to be Director on 02 Jan 2016.
AGM
Centric Steel Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge registered on 08 Jun 2022 via Charge ID 100580330 with Tata Capital Financial Services Limited was fully satisfied on 26 May 2025.
Filing
Centric Steel Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Charges
A charge with Tata Capital Financial Services Limited amounted to Rs. 5.00 Cr with Charge ID 100580330 was registered on 08 Jun 2022.
Charges
A charge registered on 29 Nov 2014 via Charge ID 10574617 with Kotak Mahindra Bank Limited was fully satisfied on 15 Oct 2019.
Ceased
Rithu Kochhar Niraj ceased to be Director.
Charges
A charge registered on 29 Oct 2007 via Charge ID 10075480 with Canara Bank was fully satisfied on 07 Jul 2015.
Charges
A charge with Kotak Mahindra Bank Limited amounted to Rs. 15.00 Cr with Charge ID 10574617 was registered on 29 Nov 2014.
Ceased
Rishab Niraj Kochhar ceased to be Additional Director.
Charges
A charge with Canara Bank of Rs. 24.50 Cr registered on 29 Oct 2007 with Charge ID 10075480 was modified on 31 Jul 2013.
Appointed
Rishab Niraj Kochhar was appointed as Director.
Charges
A charge with Canara Bank amounted to Rs. 24.50 Cr with Charge ID 10075480 was registered on 29 Oct 2007.
3 earlier events are in the company report.
Frequently asked questions
Centric Steel is an active public limited company based in Mumbai, Maharashtra, India. The company works in pipe and tubes, within the manufacturing industry. It was incorporated on 05 February 1986 (40+ years old) and is registered under CIN U99999MH1986PLC038866.
Centric Steel has 3 current directors:
- Niraj Wishwanath Kochhar - Director
- Adhish Niraj Kochhar - Director
- Rishab Niraj Kochhar - Director
The latest financial statements of Centric Steel on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Centric Steel is 27AABCB3566C1ZZ, registered in Maharashtra. The company has 3 GST registrations in all, of which 1 is active and 2 are cancelled or inactive.
The CIN (Corporate Identification Number) of Centric Steel is U99999MH1986PLC038866. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Centric Steel has 17 court cases on record: 12 filed by the company and 5 filed against it. 13 are pending.
Centric Steel was incorporated on 05 February 1986, making it 40+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Centric Steel by revenue are Sri Ramanjaneya Ispat Private Limited, Microtech Seamless Tube Private Limited, Shri Radha Raman Steels Private Limited, Premier Ispat Limited, Jay Bharat Metcast Private Limited and 1 more, all in the Manufacturing industry (Pipes, Steel), with the same principal business activity (metal and metal products).
Rithu Kochhar Niraj ceased to be Director on 02 Jan 2016. Rishab Niraj Kochhar ceased to be Additional Director on 30 Sep 2013. Rishab Niraj Kochhar was appointed as Director on 01 Feb 2013. Centric Steel has 5 board changes on record in total.
Yes, Centric Steel is registered as a medium enterprise under Udyam registration (number: UDYAM-MH-18-0028880).
Centric Steel can be reached through the website centricsteel.com. Its registered office is in Mumbai, Maharashtra, India.
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