About Clad Metal India Private Limited
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Clad Metal India Private Limited is a private limited company based in Gangapur, Maharashtra, India. It operates in the industrial machinery manufacturing segment of the machinery and industrial equipment sector. It was incorporated on 12 August 2004 and has been in existence for over 22 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U31900MH2004PTC147960. Its GSTIN is 27AACCC4213A1ZF (Maharashtra). The company holds 3 GST registrations, all of them active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹87.36 Lakh. It is led by directors including Ashok Pandurang Kale (Managing Director) and Kalpana Ashok Kale (Whole-Time Director).
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 Gangapur, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹478.57 Cr, a growth of 44% compared to the previous year. For the same year it recorded a net profit of ₹14.19 Cr (net margin 3%) and EBITDA of ₹41.01 Cr (EBITDA margin 8.6%). Revenue has grown at a compounded annual rate (CAGR) of 23% over three years and 18% over five years.
The company has about 102 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹169.48 Cr and satisfied charges of ₹24.81 Cr on record. Court records list 5 cases involving the company, including 2 filed by the company and 3 filed against it; 1 case is pending. The company has 6 deals on record (5 secondary share transfers, 1 funding round), with disclosed funding of ₹50 Lakh; the latest was in February 2020.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website kalegroup.co.in.
Company details
Contact details
Clad Metal India Private Limited's registered office is in Gangapur, Maharashtra. Its website is kalegroup.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressPlot No F – 13 F – 14 & Gut No 58 60 61, Near Zamad Chowk, Gangapur, Maharashtra, India – 431136
- IndustryMachinery and Equipment, Industrial Machinery Manufacturing
To see the full contact details of Clad Metal India 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 Clad Metal India 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 Clad Metal India Private Limited, buy the company report.
Financials of Clad Metal India Private Limited
FY 2025 filings availableClad Metal India Private Limited reported revenue of ₹478.57 Cr (up 44% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 18% over five years, including 44% growth in the latest year. EBITDA rose 10% 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 | ₹41.01 Cr | ||||
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| Net Profit (PAT) | ₹14.19 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 8.6% | ||||
| Net Profit Margin | 3% | ||||
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To see the full financial statements and ratios of Clad Metal India Private Limited, buy the company report.
Board of directors of Clad Metal India Private Limited
Clad Metal India has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ashok Pandurang Kale Also directs: Elegant Coatings Private Limited, A. K. Engineering (I) Private Limited, Backbone Engineering Private Limited and 3 more | Managing Director | 18 Mar 2005 | 21 Years 7 Months | Current |
| Kalpana Ashok Kale Also directs: Elegant Coatings Private Limited, A. K. Engineering (I) Private Limited, Backbone Engineering Private Limited and 1 more | Whole-Time Director | 12 Aug 2005 | 21 Years 2 Months | Current |
| Ankit Ashok Kale | Whole-Time Director | 02 Apr 2016 | 10 Years 7 Months | Current |
Auditor
Clad Metal India Private Limited is audited by V. S. Rathi & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| V. S. Rathi & Co. | FY 2023 | 119875W |
Shareholding
The shareholding of Clad Metal India 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 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 Clad Metal India Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 03 Jan 2024 | 100848052 | Others | ₹7.5 Cr | Open | |
| 28 Sep 2022 | 100647390 | Others | ₹16.5 Cr | Open | |
| 15 Sep 2021 | 100485013 | Axis Bank Limited | ₹30 Lakh | Open | |
| 27 Dec 2020 | 100413898 | Others | ₹58.5 Cr | Open | |
| 04 Jun 2014 | 10513241 | Others | ₹86.68 Cr | Open |
To see the full charge records of Clad Metal India Private Limited, buy the company report.
Total charge records: 8 View all charges
Deals & funding
Clad Metal India Private Limited has 6 deals on record (5 secondary share transfers, 1 funding round), with disclosed funding of ₹50 Lakh; the latest was in February 2020.
Deals on record (5 of 6)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Feb 2020 | Secondary share transfer | Undisclosed | Seller: Elegant Coatings Private Limited |
| Mar 2019 | Secondary share transfer | Undisclosed | Seller: Elegant Coatings Private Limited |
| Dec 2018 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: 2 individuals |
| Mar 2007 | Secondary share transfer | Undisclosed | Buyer: Elegant Coatings Private Limited , an individual Seller: 4 individuals |
| Dec 2006 | Funding round | ₹50 Lakh | Investors: Elegant Coatings Private Limited , 2 individuals |
To see the full deal history of Clad Metal India Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Clad Metal India Private Limited has 5 court cases on record: 2 filed by Clad Metal India, 3 filed against it. 1 case is pending and 4 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 3 | 1 |
| High courts | 1 | 0 | 0 |
Cases on record (5 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ahmednagar, Maharashtra | Court case (M.A.C.P.) | Filed against the company by an individual | Pending |
| District court, Aurangabad, Maharashtra | Civil suit | Filed against the company by The State of Maharashtra | Disposed |
| High Court, MAHARASHTRA | Writ petition | Filed by the company against Union of India Through Commissioner of Customs and Others and 2 others | Disposed |
| District court, Aurangabad, Maharashtra | Civil suit | Filed against the company by an individual | Disposed |
| District court, Maharashtra Industrial and Lab, Maharashtra | Court case (Appln WCA B) | Filed by the company against an individual | Disposed |
To see the full case history of Clad Metal India Private 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
Clad Metal India Private Limited was last rated by Crisil on 30 Jan 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 30 Jan 2020 |
To see the full credit ratings and regulatory alerts of Clad Metal India Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Clad Metal India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Clad Metal India Private Limited has a workforce of 102 employees on its EPFO records as of Mar 22, 2024, across 1 active EPFO establishment.
GST
Clad Metal India has 3 GST registrations: 3 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCC4213A1ZF | Maharashtra | Active | 01 Jul 2017 |
| 06AACCC4213A1ZJ | Haryana | Active | 08 Feb 2018 |
| 03AACCC4213A1ZP | Punjab | Active | 22 Mar 2018 |
To see the full GST registrations and return filing status of Clad Metal India Private Limited, buy the company report.
Recent activity
Clad Metal India Private Limited has 7 board changes on record since 2005: 5 appointments and 2 cessations. The latest: Gopal Pandurang Kale ceased to be Director on 10 Oct 2018.
14 earlier events are in the company report.
Frequently asked questions
Clad Metal India is an active private limited company based in Gangapur, Maharashtra, India. The company works in industrial machinery manufacturing, within the machinery and equipment industry. It was incorporated on 12 August 2004 (22+ years old) and is registered under CIN U31900MH2004PTC147960.
Clad Metal India has 3 current directors:
- Ashok Pandurang Kale - Managing Director
- Kalpana Ashok Kale - Whole-Time Director
- Ankit Ashok Kale - Whole-Time Director
The latest financial statements of Clad Metal India 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 Clad Metal India is 27AACCC4213A1ZF, registered in Maharashtra. The company has 3 GST registrations in all, of which 3 are active. Other active GSTINs include 06AACCC4213A1ZJ (Haryana), 03AACCC4213A1ZP (Punjab).
The CIN (Corporate Identification Number) of Clad Metal India is U31900MH2004PTC147960. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Clad Metal India has 5 court cases on record: 2 filed by the company and 3 filed against it. 1 is pending. Most are in the district courts.
Clad Metal India was incorporated on 12 August 2004, making it 22+ years old. It is registered with the Registrar of Companies, Mumbai.
Clad Metal India has 6 deals on record (5 secondary share transfers, 1 funding round), with disclosed funding of ₹50 Lakh; the latest was in February 2020.
Gopal Pandurang Kale ceased to be Director on 10 Oct 2018. Ankit Ashok Kale was appointed as Whole-Time Director on 02 Apr 2016. Govind Pandurang Kale ceased to be Director on 10 Jan 2010. Clad Metal India has 7 board changes on record in total.
Clad Metal India can be reached through the website kalegroup.co.in. Its registered office is in Gangapur, Maharashtra, India.
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