MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-GJ-05-0007825
Dhan Steels Private Limited
Dhan Steels Private Limited - metals and minerals in Bhavnagar, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹2.4 Cr
▼ 39% YoY
Net profit · FY 2025
₹10.48 Lakh
Net margin 4.4%
EBITDA · FY 2025
₹52.86 Lakh
EBITDA margin 22%
Authorised capital
₹2 Cr
Registered with MCA
Paid-up capital
₹1.65 Cr
Issued & subscribed
Open charges
₹60 Cr
Satisfied ₹52 Cr
Company age
36 yrs
Est. 1990
Employees · EPFO
5
Provident fund records
About Dhan Steels Private Limited
Data last updated:
Dhan Steels Private Limited is a private limited company based in Bhavnagar, Gujarat, India. It operates in the materials retail and distribution segment of the metals and mining sector. It was incorporated on 29 May 1990 and has been in existence for over 36 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U27101GJ1990PTC013820. Its GSTIN is 24AAACD9922H1ZQ (Gujarat).
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹1.65 Cr. It is led by directors Mohmedhanif Abdulkadarbhai Vadiyawala and Asif Kadarbhai Vadiawala.
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 T – 4 T – 5 Krishna Complex Above Tbz Show Room Waghawadi Road, Bhavnagar, Gujarat, India – 364002.
As per the financials filed for FY 2025, the company reported a revenue of ₹2.4 Cr, a decline of 39% compared to the previous year. For the same year it recorded a net profit of ₹10.48 Lakh (net margin 4.4%) and EBITDA of ₹52.86 Lakh (EBITDA margin 22%). Revenue has declined at a compounded annual rate (CAGR) of 56% over three years and 18% over five years.
The company has about 5 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹60 Cr and satisfied charges of ₹52 Cr on record. Court records list 2 cases involving the company, including 1 filed by the company and 1 filed against it.
Dhan Steels Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-05-0007825). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U27101GJ1990PTC013820
Registration Number 013820
Incorporation Date 29 May 1990
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-GJ-05-0007825
Recognitions & Rankings of Dhan Steels
Contact details
Dhan Steels Private Limited's registered office is in Bhavnagar, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressT – 4 T – 5 Krishna Complex Above Tbz Show Room Waghawadi Road, Bhavnagar, Gujarat, India – 364002
- IndustryMetals and Minerals, Materials Retail & Distribution
To see the full contact details of Dhan Steels Private Limited, buy the company report.
Comprehensive company report
Dhan Steels 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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Business activity
The main business activity of Dhan Steels 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 Dhan Steels Private Limited, buy the company report.
Financials of Dhan Steels Private Limited
FY 2025 filings availableDhan Steels Private Limited reported revenue of ₹2.4 Cr (down 39% YoY) for FY 2025.
Revenue · FY 2025
₹2.4 Cr ▼ 39%
Net profit · FY 2025
₹10.48 Lakh margin 4.4%
EBITDA · FY 2025
₹52.86 Lakh margin 22%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 39%
3 years · compounded
▼ 56%
5 years · compounded
▼ 18%
EBITDA CAGR growth
1 year
▼ 24%
3 years · compounded
▼ 29%
5 years · compounded
▲ 11%
Revenue has declined at a compounded annual rate (CAGR) of 18% over five years, including a 39% fall in the latest year. EBITDA fell 24% 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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| Depreciation and Amortisation | |||||
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| Total Expenses | |||||
| EBITDA | ₹52.86 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹10.48 Lakh | ||||
| Balance Sheet | |||||
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| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| 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 | 22% | ||||
| Net Profit Margin | 4.4% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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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 Dhan Steels Private Limited, buy the company report.
Board of directors of Dhan Steels Private Limited
Dhan Steels has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mohmedhanif Abdulkadarbhai Vadiyawala | Director | 29 Sep 2004 | 22 Years 1 Months | Current |
| Asif Kadarbhai Vadiawala | Director | 23 Nov 2020 | 5 Years 11 Months | Current |
Auditor
Dhan Steels Private Limited is audited by M.K.MAKATI &CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M.K.MAKATI &CO. | FY 2023 | 105890W |
Shareholding
The shareholding of Dhan Steels 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 Dhan Steels Private Limited, buy the company report.
Charges & borrowings
Open charges
₹60 Cr
Satisfied charges
₹52 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Sep 2024 | 100983036 | Hdfc Bank Limited | ₹60 Cr | Open | |
| 22 Mar 2010 | 10212586 | Others | ₹34 Cr | Satisfied | |
| 18 May 2000 | 90100714 | State Bank of Saurashtra | ₹18 Cr | Satisfied |
To see the full charge records of Dhan Steels Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
Dhan Steels Private Limited has 2 court cases on record: 1 filed by Dhan Steels, 1 filed against it. All cases are disposed.
Total cases
2
Filed by the company
1
Filed against the company
1
Disposed
2
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 1 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, GUJARAT | Court case (TAXAP) | Filed against the company by Commissioner of Income Tax-Vi | Disposed |
| High Court, GUJARAT | Special civil application | Filed by the company against Joint Commissioner of Income Tax | Disposed |
To see the full case history of Dhan Steels 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
Dhan Steels Private Limited was last rated by Care on 10 Apr 2023.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 10 Apr 2023 |
To see the full credit ratings and regulatory alerts of Dhan Steels Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Dhan Steels Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Dhan Steels Private Limited has a workforce of 5 employees on its EPFO records as of Apr 09, 2024, across 1 active EPFO establishment.
Employee count
5
Active EPFO establishments
1
Employee growth
-37.5%
GST
Dhan Steels has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAACD9922H1ZQ | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Dhan Steels Private Limited, buy the company report.
Recent activity
Dhan Steels Private Limited has 7 board changes on record since 2004: 2 appointments and 5 cessations. The latest: Asif Kadarbhai Vadiawala ceased to be Additional Director on 31 Dec 2020.
AGM
Dhan Steels Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Dhan Steels Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 60.00 Cr with Charge ID 100983036 was registered on 28 Sep 2024.
Charges
A charge registered on 22 Mar 2010 via Charge ID 10212586 with Others was fully satisfied on 21 Aug 2024.
Ceased
Asif Kadarbhai Vadiawala ceased to be Additional Director.
Ceased
Uday Harpalbhai Dave ceased to be Director.
Appointed
Asif Kadarbhai Vadiawala was appointed as Director.
Ceased
Pramodbhai Shankerlal Dave ceased to be Director.
Charges
A charge with Others of Rs. 34.00 Cr registered on 22 Mar 2010 with Charge ID 10212586 was modified on 21 Oct 2016.
Charges
A charge with Others amounted to Rs. 34.00 Cr with Charge ID 10212586 was registered on 22 Mar 2010.
Charges
A charge registered on 18 May 2000 via Charge ID 90100714 with State Bank Of Saurashtra was fully satisfied on 15 Jan 2009.
Ceased
Jugalbhai Pragjibhai Parekh ceased to be Director.
4 earlier events are in the company report.
Frequently asked questions
Dhan Steels is an active private limited company based in Bhavnagar, Gujarat, India. The company works in materials retail and distribution, within the metals and minerals industry. It was incorporated on 29 May 1990 (36+ years old) and is registered under CIN U27101GJ1990PTC013820.
Dhan Steels has 2 current directors:
- Mohmedhanif Abdulkadarbhai Vadiyawala - Director
- Asif Kadarbhai Vadiawala - Director
The latest financial statements of Dhan Steels 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 Dhan Steels is 24AAACD9922H1ZQ, registered in Gujarat.
The CIN (Corporate Identification Number) of Dhan Steels is U27101GJ1990PTC013820. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Dhan Steels has 2 court cases on record: 1 filed by the company and 1 filed against it.
Dhan Steels was incorporated on 29 May 1990, making it 36+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Asif Kadarbhai Vadiawala ceased to be Additional Director on 31 Dec 2020. Uday Harpalbhai Dave ceased to be Director on 26 Nov 2020. Asif Kadarbhai Vadiawala was appointed as Director on 23 Nov 2020. Dhan Steels has 7 board changes on record in total.
Yes, Dhan Steels is registered as a micro enterprise under Udyam registration (number: UDYAM-GJ-05-0007825).
The registered office of Dhan Steels is at T – 4 T – 5 Krishna Complex Above Tbz Show Room Waghawadi Road, Bhavnagar, Gujarat, India – 364002.
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