India's Richest People 2026 edition · 1 director · Source: Hurun India
- #561 Dilip Chunilal Chandan & family ₹6,000 Cr
Revenue · FY 2025
₹5.88 Lakh
▲ 31% YoY
Net loss · FY 2025
₹24.12 Lakh
Net margin -410.6%
EBITDA · FY 2025
₹5.47 Lakh
EBITDA margin 93.2%
Authorised capital
₹5 Cr
Registered with MCA
Paid-up capital
₹3.14 Cr
Issued & subscribed
Company age
16 yrs
Est. 2010
Directors on board
4
As per MCA filings
Last financials
Mar 2024
Balance sheet date
About Chandan Minerals Private Limited
Data last updated:
Chandan Minerals Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Chandan Steel Limited. It operates in the mining and mineral extraction segment of the metals and mining sector. It was incorporated on 02 November 2010 and has been in existence for over 16 years.
Its director Dilip Chunilal Chandan and family are #561 among India's richest people (2026).
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U14292MH2010PTC209730.
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹3.14 Cr. It is led by directors including Dilip Chunilal Chandan and Prahalad Hargovind Acharya.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 504 Sukh Sagar N.S. Patkar Marg, Mumbai, Maharashtra, India – 400007.
As per the financials filed for FY 2025, the company reported a revenue of ₹5.88 Lakh, a growth of 31% compared to the previous year. For the same year it recorded a net loss of ₹24.12 Lakh (net margin -410.6%) and EBITDA of ₹5.47 Lakh (EBITDA margin 93.2%). Revenue has declined at a compounded annual rate (CAGR) of 12% over three years and 20% over five years.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website chandansteel.net.
Company details
CIN U14292MH2010PTC209730
Registration Number 209730
Incorporation Date 02 November 2010
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Parent Company Chandan Steel Limited
Compliance Status Active Compliant
Key People
Dilip Chunilal Chandan Director Prahalad Hargovind Acharya Director Vijaykumar Chunilal Chandan Director Recognitions & Rankings of Chandan Minerals
Contact details
Chandan Minerals Private Limited's registered office is in Mumbai, Maharashtra. Its website is chandansteel.net. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address504 Sukh Sagar N.S. Patkar Marg, Mumbai, Maharashtra, India – 400007
- IndustryMetals and Minerals, Mining & Mineral Extraction
To see the full contact details of Chandan Minerals Private Limited, buy the company report.
Comprehensive company report
Chandan Minerals Private 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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Financials of Chandan Minerals Private Limited
FY 2024 filings availableChandan Minerals Private Limited reported revenue of ₹5.88 Lakh (up 31% YoY) for FY 2025.
Revenue · FY 2025
₹5.88 Lakh ▲ 31%
Net loss · FY 2025
₹24.12 Lakh margin -410.6%
EBITDA · FY 2025
₹5.47 Lakh margin 93.2%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 31%
3 years · compounded
▲ 12%
5 years · compounded
▼ 20%
EBITDA CAGR growth
1 year
▲ 42%
3 years · compounded
▲ 14%
5 years · compounded
▲ 15%
Revenue rose 31% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 20%. EBITDA rose 42% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
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| Revenue from Operations | |||||
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| Total Expenses | |||||
| EBITDA | ₹5.47 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹24.12 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
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| Long-term Borrowings | |||||
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| Inventories | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 93.2% | ||||
| Net Profit Margin | -410.6% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
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| Quick Ratio | |||||
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| 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 Chandan Minerals Private Limited, buy the company report.
Board of directors of Chandan Minerals Private Limited
Chandan Minerals has 4 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Dilip Chunilal Chandan | Director | 02 Nov 2010 | 15 Years 11 Months | Current |
| Prahalad Hargovind Acharya | Director | 02 Nov 2010 | 15 Years 11 Months | Current |
| Vijaykumar Chunilal Chandan Also directs: One Opera Realty LLP, Sach Special Alloys Private Limited | Director | 02 Nov 2010 | 15 Years 11 Months | Current |
| Sibananda Pradhan Also directs: Birida Graphite LLP, SNP Graphite Private Limited, Hind Metal & Industries Private Limited and 5 more | Director | 02 Nov 2010 | 15 Years 11 Months | Current |
Peer comparison
Chandan Minerals Private Limited is compared with the 10 companies closest to it by revenue in the Metals and Minerals industry (Mining), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Vinmir Resources Private Limited | ₹5.96 Lakh (FY 2025) | 218.0% | Chennai, Tamil Nadu, India | |||
| Ashawara Minerals Private Limited | ₹5.93 Lakh (FY 2018) | Rajsamand, Rajasthan, India | ||||
| Radiant Resources Private Limited | ₹5.91 Lakh (FY 2025) | 5.0% | Raipur, Chhattisgarh, India | |||
| Idio Construction & Industries (India) Limited | ₹5.9 Lakh (FY 2020) | -34.0% | Patna, Bihar, India | |||
| New India Mining Corporation Pvt Ltd | ₹5.89 Lakh (FY 2024) | 36.0% | Mumbai, Maharashtra, India | |||
| Chandan Minerals Private Limitedthis company | ₹5.88 Lakh (FY 2025) | -₹24.12 Lakh | -410.6% | 31.0% | Mumbai, Maharashtra, India | |
| Fidelity Plast Private Limited | ₹5.83 Lakh (FY 2023) | 905.0% | Navi Mumbai, Maharashtra, India | |||
| Indojap Organic Private Limited | ₹5.82 Lakh (FY 2025) | -64.0% | New Barrackpore, West Bengal, India | |||
| Valluvar Infra Private Limited | ₹5.8 Lakh (FY 2025) | -62.0% | Karur, Tamil Nadu, India | |||
| M & M Mining Private Limited | ₹5.79 Lakh (FY 2024) | -45.0% | Mumbai, Maharashtra, India | |||
| Ispat Agencies Private Limited | ₹5.78 Lakh (FY 2025) | -95.0% | Rourkela, Odisha, India |
To see the full peer comparison of Chandan Minerals Private Limited, buy the company report.
Auditor
Chandan Minerals Private Limited is audited by H L SAINI & CO for the financial year 2016.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| H L SAINI & CO | FY 2016 | 136961W |
Shareholding
The shareholding of Chandan Minerals Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Chandan Minerals Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Chandan Minerals 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 Chandan Minerals Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Chandan Minerals Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Chandan Minerals Private Limited has 5 board changes on record since 2010: 4 appointments and 1 cessation. The latest: Sujata Mangaraj ceased to be Director on 17 Nov 2020.
AGM
Chandan Minerals Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Chandan Minerals Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
Ceased
Sujata Mangaraj ceased to be Director.
Appointed
Dilip Chunilal Chandan was appointed as Director.
Appointed
Prahalad Hargovind Acharya was appointed as Director.
Appointed
Sibananda Pradhan was appointed as Director.
Appointed
Vijaykumar Chunilal Chandan was appointed as Director.
Incorporation
02 Nov 2010
Chandan Minerals Private Limited was registered on 02 Nov 2010 with Roc Mumbai & aged 15 years 11 months as per MCA records.
Frequently asked questions
Chandan Minerals is an active private limited company based in Mumbai, Maharashtra, India. The company works in mining and mineral extraction, within the metals and minerals industry. It was incorporated on 02 November 2010 (16+ years old) and is registered under CIN U14292MH2010PTC209730.
Chandan Minerals has 4 current directors:
- Dilip Chunilal Chandan - Director
- Prahalad Hargovind Acharya - Director
- Vijaykumar Chunilal Chandan - Director
- Sibananda Pradhan - Director
The latest financial statements of Chandan Minerals on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Chandan Minerals is U14292MH2010PTC209730. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Chandan Minerals was incorporated on 02 November 2010, making it 16+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Chandan Minerals by revenue are Vinmir Resources Private Limited, Ashawara Minerals Private Limited, Radiant Resources Private Limited, Idio Construction & Industries (India) Limited, New India Mining Corporation Pvt Ltd and 5 more, all in the Metals and Minerals industry (Mining).
Sujata Mangaraj ceased to be Director on 17 Nov 2020. Dilip Chunilal Chandan was appointed as Director on 02 Nov 2010. Prahalad Hargovind Acharya was appointed as Director on 02 Nov 2010. Chandan Minerals has 5 board changes on record in total.
Chandan Minerals can be reached through the website chandansteel.net. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Chandan Minerals is at 504 Sukh Sagar N.S. Patkar Marg, Mumbai, Maharashtra, India – 400007.
Chandan Minerals operates in the metals and minerals industry, in the mining and mineral extraction segment.
The compliance status of Chandan Minerals is compliant as of 30 August 2026. The company is actively filing with the Registrar of Companies.
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