About Chandi Steel Industries Ltd
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Chandi Steel Industries Ltd is a public limited company based in Kolkata, West Bengal, India. It operates in the steel manufacturing and processing segment of the metals and mining sector. It was incorporated on 09 September 1978 and has been in existence for over 48 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U13100WB1978PLC031670. Its GSTIN is 19AABCC0523C1ZC (West Bengal).
The company has an authorised share capital of ₹37 Cr and a paid-up capital of ₹31.61 Cr. It was formerly known as Chandi Steel Industries Private Ltd. It is led by directors including Harsh Jajodia (Whole-Time Director) and Swati Agarwal.
Its last annual general meeting (AGM) was held on 25 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 3 Bentinck Street Ps Hare Street, Kolkata, West Bengal, India – 700001.
As per the financials filed for FY 2025, the company reported a revenue of ₹545.58 Cr, a decline of 4% compared to the previous year. For the same year it recorded a net profit of ₹32.81 Cr (net margin 6%) and EBITDA of ₹55.98 Cr (EBITDA margin 10.3%). Revenue has grown at a compounded annual rate (CAGR) of 8% over three years and 18% over five years.
The company has about 315 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹34 Cr and satisfied charges of ₹729.77 Cr on record. Court records list 8 cases involving the company, including 4 filed by the company and 4 filed against it. The company has 1 deal on record (1 rights issue); the latest was in May 2023. Its 5 peer companies in the Metals and Minerals industry (Steel), with the same principal business activity (metal and metal products) are compared by revenue, 2 larger and 3 smaller; the largest is Shivshiva Steel Private Limited with revenue of ₹547.38 Cr. The company has 10 MSME Form 1 returns on record between 2019 and 2023, listing 55 overdue payments to 12 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website chandisteel.com.
Company details
CIN history
Chandi Steel Industries has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U13100WB1978PLC031670, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U13100WB1978PLC031670 | Current |
| L13100WB1978PLC031670 | Previous |
| L70109WB1978PLC031670 | Previous |
Contact details
Chandi Steel Industries Ltd's registered office is in Kolkata, West Bengal.
- Registered Address3 Bentinck Street Ps Hare Street, Kolkata, West Bengal, India – 700001
- IndustryMetals and Minerals, Steel Manufacturing & Processing
- 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 Chandi Steel Industries 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 Chandi Steel Industries Ltd, buy the company report.
Financials of Chandi Steel Industries Ltd
FY 2025 filings availableChandi Steel Industries Ltd reported revenue of ₹545.58 Cr (down 4% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 4% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 18%. EBITDA fell 37% 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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| EBITDA | ₹55.98 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹32.81 Cr | ||||
| Balance Sheet | |||||
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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 | 10.3% | ||||
| Net Profit Margin | 6% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Chandi Steel Industries Ltd, buy the company report.
Board of directors of Chandi Steel Industries Ltd
Chandi Steel Industries has 5 current directors and 27 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Swati Agarwal Also directs: Mohan Impex Solutions Limited | Director | 01 Aug 2024 | 2 Years 3 Months | Current |
| Harsh Jajodia | Whole-Time Director | 01 Jul 2022 | 4 Years 4 Months | Current |
| Sumit Kumar Rakshit Also directs: Enfield Suppliers Limited | Director | 01 Sep 2016 | 10 Years 2 Months | Current |
| Susanta Sarkar | Director | 19 Nov 2012 | 13 Years 11 Months | Current |
| Sudeb Saha | Director | 03 Sep 2024 | 2 Years 2 Months | Current |
Peer comparison
Chandi Steel Industries Ltd is compared with the 5 companies closest to it by revenue in the Metals and Minerals industry (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 |
|---|---|---|---|---|---|---|
| Shivshiva Steel Private Limited | ₹547.38 Cr (FY 2025) | -15.0% | Patna, Bihar, India | |||
| Sudhesh Industries Private Limited | ₹545.8 Cr (FY 2025) | 15.0% | Bahraich, Uttar Pradesh, India | |||
| Chandi Steel Industries Ltdthis company | ₹545.58 Cr (FY 2025) | ₹32.81 Cr | 6% | -4.0% | Kolkata, West Bengal, India | |
| S A L Steel Limited | ₹544.98 Cr (FY 2025) | -6.0% | Ahmedabad, Gujarat, India | |||
| Drolia Electrosteels Private Limited | ₹539.86 Cr (FY 2025) | -10.0% | Mumbai, Maharashtra, India | |||
| Regency Ispat Private Limited | ₹539.53 Cr (FY 2025) | -4.0% | Ulhasnagar, Maharashtra, India |
To see the full peer comparison of Chandi Steel Industries Ltd, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 31 Jan 2026 | 101234024 | Others | ₹30 Cr | Open | |
| 14 Feb 2025 | 101049506 | Others | ₹34.5 Lakh | Open | |
| 20 Sep 2024 | 100979702 | Others | ₹57.35 Lakh | Open | |
| 12 Jul 2021 | 100459786 | Axis Bank Limited | ₹1.28 Cr | Open | |
| 21 Jun 2021 | 100457557 | Axis Bank Limited | ₹1.8 Cr | Open |
To see the full charge records of Chandi Steel Industries Ltd, buy the company report.
Total charge records: 11 View all charges
Deals & funding
Chandi Steel Industries Ltd has 1 deal on record (1 rights issue); the latest was in May 2023.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| May 2023 | Rights issue | ₹21.07 Cr | Investors: Rights Issue Shareholders - Chandi Steel Industries Ltd |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Chandi Steel Industries Ltd has 8 court cases on record: 4 filed by Chandi Steel Industries, 4 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 4 | 1 | 0 |
| District courts | 3 | 3 | 0 |
| NCLT | 1 | 0 | 0 |
Cases on record (5 of 8)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Howrah, West Bengal | Court case (4.Money Execution) | Filed against the company by Jai Balaji Industries Limited | Disposed |
| NCLT, NCLT Kolkata | Court case (MA (Companies Act)) | Filed by the company | Disposed |
| High Court, West Bengal | Writ petition | Filed by the company against an individual | Disposed |
| District court, South Twenty Four Parganas, West Bengal | Criminal complaint | Filed against the company by an individual | Disposed |
| High Court | Civil suit | Filed by the company against Dubai Aluminium Co. Ltd & Anr. | Disposed |
To see the full case history of Chandi Steel Industries Ltd, 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
Chandi Steel Industries Ltd was last rated by Icra on 23 Aug 2018.
| Rating agency | Rated on | Rating |
|---|---|---|
| Icra | 23 Aug 2018 |
To see the full credit ratings and regulatory alerts of Chandi Steel Industries Ltd, buy the company report.
MSME payment delays
Chandi Steel Industries Ltd has 10 MSME Form 1 returns on record between 2019 and 2023, listing 55 overdue payments to 12 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 12)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Lalit Hardware Stores | |||
| Shri Balaji Enterprises | |||
| Calcutta Trading Co. | |||
| Vikas Iron & Steel Co. | |||
| Behari Lal Engineering Limited |
To see the full MSME payment records of Chandi Steel Industries Ltd, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Chandi Steel Industries has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AABCC0523C1ZC | West Bengal | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Chandi Steel Industries Ltd, buy the company report.
Recent activity
Chandi Steel Industries Ltd has 30 board changes on record since 2007: 7 appointments and 23 cessations. The latest: Sudeb Saha ceased to be Additional Director on 26 Sep 2024.
40 earlier events are in the company report.
News
Frequently asked questions
Chandi Steel Industries is an active public limited company based in Kolkata, West Bengal, India. The company works in steel manufacturing and processing, within the metals and minerals industry. It was incorporated on 09 September 1978 (48+ years old) and is registered under CIN U13100WB1978PLC031670.
Chandi Steel Industries has 5 current directors:
- Harsh Jajodia - Whole-Time Director
- Swati Agarwal - Director
- Sumit Kumar Rakshit - Director
- Susanta Sarkar - Director
- Sudeb Saha - Director
The latest financial statements of Chandi Steel Industries on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 25 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Chandi Steel Industries is 19AABCC0523C1ZC, registered in West Bengal.
The CIN (Corporate Identification Number) of Chandi Steel Industries is U13100WB1978PLC031670. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Chandi Steel Industries has 8 court cases on record: 4 filed by the company and 4 filed against it. Most are in the high courts.
Chandi Steel Industries was incorporated on 09 September 1978, making it 48+ years old. It is registered with the Registrar of Companies, Kolkata.
Chandi Steel Industries has 1 deal on record (1 rights issue); the latest was in May 2023.
The peers of Chandi Steel Industries by revenue are Shivshiva Steel Private Limited, Sudhesh Industries Private Limited, S A L Steel Limited, Drolia Electrosteels Private Limited, Regency Ispat Private Limited, all in the Metals and Minerals industry (Steel), with the same principal business activity (metal and metal products).
Sudeb Saha ceased to be Additional Director on 26 Sep 2024. Sudeb Saha was appointed as Director on 03 Sep 2024. Swati Agarwal was appointed as Director on 01 Aug 2024. Chandi Steel Industries has 30 board changes on record in total.
Chandi Steel Industries has 10 MSME Form 1 returns on record between 2019 and 2023, listing 55 overdue payments to 12 micro and small suppliers. The latest return was filed on 05 Dec 2023.
Chandi Steel Industries can be reached through the website chandisteel.com. Its registered office is in Kolkata, West Bengal, India.
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