About Cosmic Ferro Alloys Limited
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Cosmic Ferro Alloys Limited is a public limited company based in Kolkata, West Bengal, India, a subsidiary of United Tradeco Fzc. It operates in the other metals and minerals segment of the metals and mining sector. It was incorporated on 23 July 2003 and has been in existence for over 23 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U27104WB2003PLC096622. Its GSTIN is 19AACCC1730C2Z7 (West Bengal). The company holds 5 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹25 Cr and a paid-up capital of ₹8.5 Cr. It was formerly known as Cosmic Ferro Alloys Private Limited. It is led by directors including Akash Agarwal and Jagannath Bisoye.
Its last annual general meeting (AGM) was held on 30 September 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at 5/5A Rammoy Rd, Kolkata, West Bengal, India – 700025.
As per the financials filed for FY 2021, the company reported a revenue of ₹131.53 Cr, a decline of 48% compared to the previous year. For the same year it recorded a net profit of ₹11.15 Cr (net margin 8.5%) and EBITDA of ₹23.95 Cr (EBITDA margin 18.2%). Revenue has declined at a compounded annual rate (CAGR) of 1% over three years and 10% over five years.
The company has about 424 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹150 Cr and satisfied charges of ₹840.02 Cr on record. Court records list 81 cases involving the company, including 34 filed by the company and 47 filed against it; 25 cases are pending. The company has 17 deals on record (9 secondary share transfers, 7 funding rounds, 1 acquisition), with disclosed funding of ₹57.97 Cr; the latest was in March 2021.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website cosmicferro.com.
Company details
CIN history
Cosmic Ferro Alloys has one previous CIN (Corporate Identification Number): U27104WB2003PTC096622. The current CIN is U27104WB2003PLC096622, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U27104WB2003PLC096622 | Current |
| U27104WB2003PTC096622 | Previous |
Contact details
Cosmic Ferro Alloys Limited's registered office is in Kolkata, West Bengal. Its website is cosmicferro.com. Its e-mail address is in the company report.
- Email
- Website
- Registered Address5/5A Rammoy Rd, Kolkata, West Bengal, India – 700025
- IndustryMetals and Minerals, Other Metals & Minerals
To see the full contact details of Cosmic Ferro Alloys 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 activities of Cosmic Ferro Alloys are manufacturing and construction. In detail, this covers metal and metal products and roads, railways, utility projects. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products | |
| F | Construction | F2 | Roads, railways, Utility projects |
To see the full business activity and turnover split of Cosmic Ferro Alloys Limited, buy the company report.
Financials of Cosmic Ferro Alloys Limited
FY 2021 filings availableCosmic Ferro Alloys Limited reported revenue of ₹131.53 Cr (down 48% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 10% over five years, including a 48% fall in the latest year. EBITDA rose 237% 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 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹131.53 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹23.95 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹11.15 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
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| Inventories | |||||
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Financial Ratios
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 18.2% | ||||
| Net Profit Margin | 8.5% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
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| Efficiency and Growth | |||||
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| Receivable Days | |||||
| Payable Days | |||||
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| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Cosmic Ferro Alloys Limited, buy the company report.
Board of directors of Cosmic Ferro Alloys Limited
Cosmic Ferro Alloys has 6 current directors and 25 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nirmal Agarwal Also directs: Sri Vinayaka Paper and Boards Limited, Servomax India Private Limited, VNR Infrastructures Limited and 2 more | Additional Director | 13 Sep 2022 | 4 Years 1 Months | Current |
| Akash Agarwal Also directs: Sri Vinayaka Paper and Boards Limited, Servomax India Private Limited, Bengal Sas LLP and 1 more | Director | 01 Apr 2019 | 7 Years 7 Months | Current |
| Jagannath Bisoye | Director | 05 Apr 2022 | 4 Years 7 Months | Current |
| Pramod Kumar Agarwal Also directs: Kirti Industrial Company Ltd | Director | 20 Dec 2018 | 7 Years 10 Months | Current |
| Pradeepkumar Nandkishor Prasad | Director | 10 Mar 2022 | 4 Years 7 Months | Current |
| Mohanlal Bharath Kumar Jain | Additional Director | 10 Mar 2022 | 4 Years 7 Months | Current |
Auditor
Cosmic Ferro Alloys Limited is audited by K N GUTGUTIA & CO for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| K N GUTGUTIA & CO | FY 2021 | 304153E |
Shareholding
The shareholding of Cosmic Ferro Alloys Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Cosmic Ferro Alloys Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 20 Apr 2022 | 100566361 | Others | ₹150 Cr | Open | |
| 21 May 2019 | 100270164 | Others | ₹65 Cr | Satisfied | |
| 11 Sep 2015 | 10592407 | State Bank of India | ₹54.04 Cr | Satisfied | |
| 31 May 2014 | 10533015 | Icici Bank Limited | ₹26.94 Lakh | Satisfied | |
| 28 Aug 2013 | 10448357 | Citibank N.A | ₹20 Cr | Satisfied |
To see the full charge records of Cosmic Ferro Alloys Limited, buy the company report.
Total charge records: 26 View all charges
Deals & funding
Cosmic Ferro Alloys Limited has 17 deals on record (9 secondary share transfers, 7 funding rounds, 1 acquisition), with disclosed funding of ₹57.97 Cr; the latest was in March 2021.
Deals on record (5 of 17)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2021 | Secondary share transfer | Undisclosed | Buyer: JSM International Limited Seller: QVC Exports Limited |
| Nov 2018 | Funding round | ₹3.4 Cr | Investors: QVC Exports Limited , QVC Exports Private Limited & Nilesh Sharma, QVC Exports Private Limited & Priti Sharma |
| Oct 2018 | Acquisition | Undisclosed | Buyer: QVC Exports Limited , an individual |
| Jan 2016 | Funding round | ₹1.54 Cr | Investors: Megapix Agencies Private Limited |
| Nov 2015 | Secondary share transfer | Undisclosed | Buyer: R.S.Birla HUF, Subhkari Mercantile Private Limited , an individual Seller: Subham Mercantile Private Limited, S.Birla Huf, 2 individuals |
To see the full deal history of Cosmic Ferro Alloys 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
Cosmic Ferro Alloys Limited has 81 court cases on record: 34 filed by Cosmic Ferro Alloys, 47 filed against it. 25 cases are pending and 56 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 39 | 17 | 12 |
| District courts | 26 | 20 | 10 |
| NCLAT | 9 | 6 | 3 |
| Supreme Court | 5 | 2 | 0 |
| NCLT | 2 | 2 | 0 |
Cases on record (5 of 81)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, South Twenty Four Parganas, West Bengal | Court case (MS (Com)) | Filed against the company by Titagarh Rail Systems Limited | Pending |
| District court, South Twenty Four Parganas, West Bengal | Court case (MS (Com)) | Filed by the company against Cosmic CRF Limited | Pending |
| District court, South Twenty Four Parganas, West Bengal | Criminal complaint | Filed by the company against Cosmic CRF Limited and Ors | Pending |
| District court, South Twenty Four Parganas, West Bengal | Civil suit | Filed against the company by M/S. Oscorp Industries Pvt. Ltd. | Pending |
| Calcutta High Court | Court case (AP-COM) | Filed by the company against M/S Cosmic CRF Limited | Disposed |
To see the full case history of Cosmic Ferro Alloys 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
Cosmic Ferro Alloys Limited was last rated by Care on 25 Aug 2023.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 25 Aug 2023 |
To see the full credit ratings and regulatory alerts of Cosmic Ferro Alloys Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Cosmic Ferro Alloys Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Cosmic Ferro Alloys has 1 associated company. This group structure data is as of FY 2021. The table lists each entity with its relationship and holding.
Employees & EPFO
Cosmic Ferro Alloys Limited has a workforce of 424 employees on its EPFO records as of Apr 09, 2024, across 1 active EPFO establishment.
GST
Cosmic Ferro Alloys has 5 GST registrations: 1 active and 4 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AACCC1730C2Z7 | West Bengal | Active | 04 Feb 2019 |
To see the full GST registrations and return filing status of Cosmic Ferro Alloys Limited, buy the company report.
Recent activity
Cosmic Ferro Alloys Limited has 30 board changes on record since 2011: 6 appointments and 24 cessations. The latest: Dilip Khetan ceased to be Director on 13 Sep 2022.
81 earlier events are in the company report.
Frequently asked questions
Cosmic Ferro Alloys is an active public limited company based in Kolkata, West Bengal, India. The company works in other metals and minerals, within the metals and minerals industry. It was incorporated on 23 July 2003 (23+ years old) and is registered under CIN U27104WB2003PLC096622.
Cosmic Ferro Alloys has 6 current directors:
- Nirmal Agarwal - Additional Director
- Akash Agarwal - Director
- Jagannath Bisoye - Director
- Pramod Kumar Agarwal - Director
- Pradeepkumar Nandkishor Prasad - Director
- Mohanlal Bharath Kumar Jain - Additional Director
The latest financial statements of Cosmic Ferro Alloys on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 30 September 2021. Year-wise statements from 2015 are in the company report.
The GSTIN of Cosmic Ferro Alloys is 19AACCC1730C2Z7, registered in West Bengal. The company has 5 GST registrations in all, of which 1 is active and 4 are cancelled or inactive.
The CIN (Corporate Identification Number) of Cosmic Ferro Alloys is U27104WB2003PLC096622. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Cosmic Ferro Alloys has 81 court cases on record: 34 filed by the company and 47 filed against it. 25 are pending. Most are in the high courts.
Cosmic Ferro Alloys was incorporated on 23 July 2003, making it 23+ years old. It is registered with the Registrar of Companies, Kolkata.
Cosmic Ferro Alloys has 17 deals on record (9 secondary share transfers, 7 funding rounds, 1 acquisition), with disclosed funding of ₹57.97 Cr; the latest was in March 2021.
Dilip Khetan ceased to be Director on 13 Sep 2022. Nirmal Agarwal was appointed as Additional Director on 13 Sep 2022. Jagannath Bisoye ceased to be Additional Director on 22 Jul 2022. Cosmic Ferro Alloys has 30 board changes on record in total.
Cosmic Ferro Alloys can be reached through the website cosmicferro.com. Its registered office is in Kolkata, West Bengal, India.
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