Changodar Metals Private Limited

Changodar Metals Private Limited - machinery and equipment in Changodar, Gujarat, India. FY 2026 financials & compliance.
CIN U27106GJ2004PTC043567 Incorporated 06 February 2004 ROC Ahmedabad HQ Changodar, Gujarat, India
Active Private Limited Company machinery and equipment MSME · Small
Data last updated
Revenue · FY 2024
₹52.68 Cr
▲ 7% YoY
Net profit · FY 2024
₹50.1 Lakh
Net margin 1%
EBITDA · FY 2024
₹1.6 Cr
EBITDA margin 3%
Authorised capital
₹1.5 Cr
Registered with MCA
Paid-up capital
₹75 Lakh
Issued & subscribed
Open charges
₹16.36 Cr
Satisfied ₹15.37 Cr
Company age
22 yrs
Est. 2004
Employees · EPFO
19
Provident fund records

About Changodar Metals Private Limited

Data last updated:

Changodar Metals Private Limited is a private limited company based in Changodar, Gujarat, India. It operates in the industrial tools and components segment of the machinery and industrial equipment sector. It was incorporated on 06 February 2004 and has been in existence for over 22 years.

The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U27106GJ2004PTC043567. Its GSTIN is 24AACCC3850H1ZY (Gujarat). The company holds 3 GST registrations, of which 2 are active.

The company has an authorised share capital of ₹1.5 Cr and a paid-up capital of ₹75 Lakh. It is led by directors including Sanket Deepak Shah and Samir Rohitbhai Shah.

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 452 Ashwamegh Industralopp Desai Petrol, Changodar, Gujarat, India – 382210.

As per the financials filed for FY 2024, the company reported a revenue of ₹52.68 Cr, a growth of 7% compared to the previous year. For the same year it recorded a net profit of ₹50.1 Lakh (net margin 1%) and EBITDA of ₹1.6 Cr (EBITDA margin 3%). Revenue has grown at a compounded annual rate (CAGR) of 14% over three years and 10% over five years.

The company has about 19 employees on its provident fund (EPFO) records.

As per MCA filings, the company has open charges of ₹16.36 Cr and satisfied charges of ₹15.37 Cr on record. Court records list 14 cases involving the company, including 11 filed by the company and 3 filed against it; 1 case is pending. The company has 4 deals on record (4 secondary share transfers); the latest was in November 2023. Its 5 peer companies in the Metals and Minerals industry (Metals), with the same principal business activity (metal and metal products) are compared by revenue, 2 larger and 3 smaller; the largest is Orion Ferro Alloys Private Ltd. with revenue of ₹53.03 Cr. The company has 3 MSME Form 1 returns on record between 2018 and 2020, listing 5 overdue payments to 4 micro and small suppliers.

Changodar Metals Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0019064). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website changodarmetals.com.

Company details

CIN U27106GJ2004PTC043567
Registration Number 043567
Incorporation Date 06 February 2004
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-GJ-01-0019064
Key People
Sanket Deepak Shah Additional Director Samir Rohitbhai Shah Additional Director Jimitkumar Dilipkumar Sanghvi Additional Director

Recognitions & Rankings of Changodar Metals

MSME (Udyam registered) Ministry of MSME
Category
Small (2024-25)
Udyam number
UDYAM-GJ-01-0019064

Contact details

Changodar Metals Private Limited's registered office is in Changodar, Gujarat. Its website is changodarmetals.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    changodarmetals.com
  • Registered Address
    452 Ashwamegh Industralopp Desai Petrol, Changodar, Gujarat, India – 382210
  • Industry
    Machinery and Equipment, Industrial Tools & Components

To see the full contact details of Changodar Metals Private Limited, buy the company report.

Comprehensive company report
Changodar Metals 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included

Business activity

The main business activity of Changodar Metals is manufacturing. In detail, this covers metal and metal products and plastic products, non-metallic mineral products, rubber products, fabricated metal products. 2 activity segments are registered with the MCA.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC7Metal and metal products
CManufacturingC8Plastic products, non-metallic mineral products, rubber products, fabricated metal products

To see the full business activity and turnover split of Changodar Metals Private Limited, buy the company report.

Financials of Changodar Metals Private Limited

FY 2024 filings available

Changodar Metals Private Limited reported revenue of ₹52.68 Cr (up 7% YoY) for FY 2024.

Revenue · FY 2024
₹52.68 Cr ▲ 7%
Net profit · FY 2024
₹50.1 Lakh margin 1%
EBITDA · FY 2024
₹1.6 Cr margin 3%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 7%
3 years · compounded
▲ 14%
5 years · compounded
▲ 10%
EBITDA CAGR growth
1 year
▲ 3%
3 years · compounded
▼ 6%
5 years · compounded
▲ 1%

Revenue has grown at a compounded annual rate (CAGR) of 10% over five years, including 7% growth in the latest year. EBITDA rose 3% 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 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₹1.6 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹50.1 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin3%
Net Profit Margin1%
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 Changodar Metals Private Limited, buy the company report.

Board of directors of Changodar Metals Private Limited

Changodar Metals has 6 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Sanket Deepak Shah
Also directs: Dip Versha Buildcon India Private Limited, Shree Vadechi Infrasoft Private Limited, Aryaman Enterprise Private Limited and 1 more
Additional Director27 Jun 20251 Years 4 MonthsCurrent
Samir Rohitbhai Shah
Also directs: Seltron Resource Solutions LLP, Silkon Trades LLP, Hipolin Ltd and 3 more
Additional Director27 Jun 20251 Years 4 MonthsCurrent
Jimitkumar Dilipkumar Sanghvi
Also directs: Liverpool Fashions Limited
Additional Director22 Feb 20251 Years 8 MonthsCurrent
Smit Dineshkumar Khetani
Also directs: Sharanya Reality LLP
Additional Director27 Jun 20251 Years 4 MonthsCurrent
Niravkumar Nareshkumar ShahAdditional Director05 Mar 20251 Years 7 MonthsCurrent
Vikrambhai Ramabhai Desai
Also directs: Ashoka Stay Homes Private Limited
Additional Director05 Mar 20251 Years 7 MonthsCurrent
View all directors

Peer comparison

Changodar Metals Private Limited is compared with the 5 companies closest to it by revenue in the Metals and Minerals industry (Metals), with the same principal business activity (metal and metal products), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Orion Ferro Alloys Private Ltd.₹53.03 Cr (FY 2025)3.0%Raigarh, Chhattisgarh, India
Satpal Metals Private Limited₹52.94 Cr (FY 2024)-23.0%Mandi Gobindgarh, Punjab, India
Changodar Metals Private Limitedthis company₹52.68 Cr (FY 2024)₹50.1 Lakh1%7.0%19Changodar, Gujarat, India
Asoka Sky Metals Private Limited₹52.64 Cr (FY 2025)34.0%Jamshedpur, Jharkhand, India
V. S. Multi Metal Private Limited₹52.44 Cr (FY 2018)-37.0%Ahmedabad, Gujarat, India
Manvi Nonferrous Varieties Private Limited₹52.21 Cr (FY 2025)11.0%Pune, Maharashtra, India

To see the full peer comparison of Changodar Metals Private Limited, buy the company report.

Auditor

Changodar Metals Private Limited is audited by B H MANGROLIA & CO. for the financial year 2023.

Auditor firmFinancial yearFirm registration number
B H MANGROLIA & CO.FY 2023105972W

Shareholding

The shareholding of Changodar Metals Private 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 categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Changodar Metals Private Limited, buy the company report.

Charges & borrowings

Open charges
₹16.36 Cr
Satisfied charges
₹15.37 Cr
Breakdown by lending institutions
Hdfc Bank Limited₹13.00 Cr
Bank of India₹1.57 Cr
State Bank of India₹0.81 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
29 May 201210360187Hdfc Bank Limited₹6.5 CrSatisfied
25 Apr 201210350385Hdfc Bank Limited₹6.5 CrSatisfied
14 Oct 201010247928Bank of India₹78.33 LakhSatisfied
16 Apr 201010219256Bank of India₹78.33 LakhSatisfied
22 Aug 200680013336State Bank of India₹80.67 LakhSatisfied

To see the full charge records of Changodar Metals Private Limited, buy the company report.

Total charge records: 5 View all charges

Deals & funding

Changodar Metals Private Limited has 4 deals on record (4 secondary share transfers); the latest was in November 2023.

Total deals
4
Secondary share transfers
4

Deals on record (4 of 4)

WhenDealAmountParties
Nov 2023Secondary share transferUndisclosedBuyer: 2 individuals
Seller: an individual
Oct 2023Secondary share transferUndisclosedBuyer: an individual
Seller: an individual
Sep 2023Secondary share transferUndisclosedBuyer: an individual
Seller: 4 individuals
Mar 2021Secondary share transferUndisclosedBuyer: an individual
Seller: 3 individuals

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

MSME payment delays

Changodar Metals Private Limited has 3 MSME Form 1 returns on record between 2018 and 2020, listing 5 overdue payments to 4 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 (4 of 4)

SupplierAmount dueDue sinceReported on
Saru Aikoh Chemicals Private Limited
an individual supplier
an individual supplier
Shiwkon Digitek Private Limited

To see the full MSME payment records of Changodar Metals Private Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

Employees & EPFO

Changodar Metals Private Limited has a workforce of 19 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.

Employee count
19
Active EPFO establishments
1
Employee growth
11.76%

GST

Changodar Metals has 3 GST registrations: 2 active and 1 cancelled or inactive.

Total GSTINs
3
Active
2
Cancelled / inactive
1
GSTINStateStatusRegistered on
24AACCC3850H1ZYGujaratActive01 Jul 2017
24AACCC3850H1D7GujaratActive28 Oct 2024

To see the full GST registrations and return filing status of Changodar Metals Private Limited, buy the company report.

Recent activity

Changodar Metals Private Limited has 18 board changes on record since 2004: 8 appointments and 10 cessations. The latest: Munjal Mahendrabhai Patel ceased to be Additional Director on 18 Jul 2025.

Ceased
Munjal Mahendrabhai Patel ceased to be Additional Director.
Ceased
Prashant Maheshwari ceased to be Additional Director.
Appointed
Samir Rohitbhai Shah was appointed as Additional Director.
Appointed
Sanket Deepak Shah was appointed as Additional Director.
Appointed
Smit Dineshkumar Khetani was appointed as Additional Director.
Ceased
Vivek Virendrabhai Varma ceased to be Additional Director.
Ceased
Himanshu Ramprasad Sheth ceased to be Director.
Ceased
Shivangi Himanshu Sheth ceased to be Director.
Charges
A charge registered on 29 May 2012 via Charge ID 10360187 with Hdfc Bank Limited was fully satisfied on 21 May 2025.
Charges
A charge registered on 25 Apr 2012 via Charge ID 10350385 with Hdfc Bank Limited was fully satisfied on 21 May 2025.
Appointed
Niravkumar Nareshkumar Shah was appointed as Additional Director.
Appointed
Vikrambhai Ramabhai Desai was appointed as Additional Director.

22 earlier events are in the company report.

Frequently asked questions

Changodar Metals is an active private limited company based in Changodar, Gujarat, India. The company works in industrial tools and components, within the machinery and equipment industry. It was incorporated on 06 February 2004 (22+ years old) and is registered under CIN U27106GJ2004PTC043567.

Changodar Metals has 6 current directors:

The latest financial statements of Changodar Metals 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 GSTIN of Changodar Metals is 24AACCC3850H1ZY, registered in Gujarat. The company has 3 GST registrations in all, of which 2 are active and 1 is cancelled or inactive. Other active GSTINs include 24AACCC3850H1D7 (Gujarat).

The CIN (Corporate Identification Number) of Changodar Metals is U27106GJ2004PTC043567. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Changodar Metals has 14 court cases on record: 11 filed by the company and 3 filed against it. 1 is pending. Most are in the district courts.

Changodar Metals was incorporated on 06 February 2004, making it 22+ years old. It is registered with the Registrar of Companies, Ahmedabad.

Changodar Metals has 4 deals on record (4 secondary share transfers); the latest was in November 2023.

The peers of Changodar Metals by revenue are Orion Ferro Alloys Private Ltd, Satpal Metals Private Limited, Asoka Sky Metals Private Limited, V. S. Multi Metal Private Limited, Manvi Nonferrous Varieties Private Limited, all in the Metals and Minerals industry (Metals), with the same principal business activity (metal and metal products).

Munjal Mahendrabhai Patel ceased to be Additional Director on 18 Jul 2025. Prashant Maheshwari ceased to be Additional Director on 27 Jun 2025. Samir Rohitbhai Shah was appointed as Additional Director on 27 Jun 2025. Changodar Metals has 18 board changes on record in total.

Yes, Changodar Metals is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-01-0019064).

Changodar Metals has 3 MSME Form 1 returns on record between 2018 and 2020, listing 5 overdue payments to 4 micro and small suppliers. The latest return was filed on 26 Sep 2020.