Duralloy Cutters Limited
About Duralloy Cutters Limited
Data last updated:
Duralloy Cutters Limited is a public limited company based in Thane, Maharashtra, India. It operates in the metal foundry and fabrication services segment of the engineering sector. It was incorporated on 25 August 1986 and has been in existence for over 40 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U27100MH1986PLC040723. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It was formerly known as Duralloy Cutters Private Limited and Park Alloy Steel Pvt Ltd. It is led by directors including Premchand Sodhani and Jitharam Swami.
Its last annual general meeting (AGM) was held on 29 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office is at C – 204 2nd Floor Vishal Apartment Taki Road Tulinj Nallasopara (E), Thane, Maharashtra, India – 401209.
As per the financials filed for FY 2018, the company reported a revenue of ₹6.68 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹25.74 Lakh (net margin -385.2%) and EBITDA of -₹20.5 Lakh (EBITDA margin -306.9%). Revenue has declined at a compounded annual rate (CAGR) of 69% over three years.
As per MCA filings, the company has open charges of ₹1 Cr on record. Court records list 2 cases involving the company, including 2 filed by the company.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
Name history
Duralloy Cutters has undergone 2 name changes throughout its history. The company was previously known as Duralloy Cutters Private Limited, and Park Alloy Steel Pvt Ltd. The current legal name is Duralloy Cutters Limited.
| Company Name | Status |
|---|---|
| Duralloy Cutters Limited | Current |
| Duralloy Cutters Private Limited | Previous |
| Park Alloy Steel Pvt Ltd | Previous |
CIN history
Duralloy Cutters has one previous CIN (Corporate Identification Number): U27100MH1986PTC040723. The current CIN is U27100MH1986PLC040723, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U27100MH1986PLC040723 | Current |
| U27100MH1986PTC040723 | Previous |
Contact details
Duralloy Cutters Limited's registered office is in Thane, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered AddressC – 204 2nd Floor Vishal Apartment Taki Road Tulinj Nallasopara (E), Thane, Maharashtra, India – 401209
- IndustryEngineering, Metal Foundry & Fabrication Services
To see the full contact details of Duralloy Cutters 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
Financials of Duralloy Cutters Limited
FY 2018 filings availableDuralloy Cutters Limited reported revenue of ₹6.68 Lakh (up 193% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue rose 193% in the latest year, though over three years it has declined at a compounded annual rate (CAGR) of 69%. 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ||||
| Other Income | ||||
| Total Revenue | ₹6.68 Lakh | |||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | -₹20.5 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹25.74 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
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | -306.9% | |||
| Net Profit Margin | -385.2% | |||
| 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 Duralloy Cutters Limited, buy the company report.
Board of directors of Duralloy Cutters Limited
Duralloy Cutters has 3 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Premchand Sodhani Also directs: Rigveda Properties Ltd | Director | 14 Oct 2018 | 8 Years 0 Months | Current |
| Jitharam Swami | Director | 26 Oct 2017 | 9 Years 0 Months | Current |
| Basheer D Ahmed Also directs: Hemakuta Sugar & Allied Industries Limited, Candy Filters (Bombay) Limited, Park Tools Limited and 5 more | Director | 21 Jan 2013 | 13 Years 9 Months | Current |
Peer comparison
Duralloy Cutters Limited is compared with the 10 companies closest to it by revenue in the Metals and Minerals industry (Foundry and Fabrication, Metals), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Virani Metals Private Limited | ₹6.75 Lakh (FY 2022) | -97.0% | Surat, Gujarat, India | |||
| Doortech Engineering Private Limited | ₹6.74 Lakh (FY 2024) | Chennai, Tamil Nadu, India | ||||
| R M Iron and Steels Private Limited | ₹6.71 Lakh (FY 2024) | 15747013.0% | Kolkata, West Bengal, India | |||
| Goenka Ferro Chem Private Limited | ₹6.71 Lakh (FY 2025) | 277.0% | Raipur, Chhattisgarh, India | |||
| See Expert Engineers Private Limited | ₹6.7 Lakh (FY 2025) | 0.0% | Aurangabad, Maharashtra, India | |||
| Duralloy Cutters Limitedthis company | ₹6.68 Lakh (FY 2018) | -₹25.74 Lakh | -385.2% | 193.0% | Thane, Maharashtra, India | |
| Digiana Metals Private Limited | ₹6.66 Lakh (FY 2025) | Indore, Madhya Pradesh, India | ||||
| Mahadhyuta Exports Private Limited | ₹6.65 Lakh (FY 2025) | 14.0% | Kolkata, West Bengal, India | |||
| Moonlit Metals Private Limited | ₹6.64 Lakh (FY 2024) | Gmc, Assam, India | ||||
| Antimatter Engineers (OPC) Private Limited | ₹6.56 Lakh (FY 2023) | Dagjipura, Gujarat, India | ||||
| VS Golds and Precious Metals Private Limited | ₹6.55 Lakh (FY 2022) | 12.0% | Gorakhpur, Uttar Pradesh, India |
To see the full peer comparison of Duralloy Cutters Limited, buy the company report.
Auditor
Duralloy Cutters Limited is audited by VISHNU AGARWAL & ASSOCIATES for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| VISHNU AGARWAL & ASSOCIATES | FY 2018 | 134443W |
Shareholding
The shareholding of Duralloy Cutters Limited is on record for 3 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Duralloy Cutters Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 08 Feb 2007 | 10043477 | Dena Bank- Overseas Branch | ₹1 Cr | Open |
To see the full charge records of Duralloy Cutters Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Duralloy Cutters Limited has 2 court cases on record: 2 filed by Duralloy Cutters. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 0 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Court case (S) | Filed by the company against Andhra Timber Products Limited | Disposed |
| High Court | Court case (APO) | Filed by the company against Andhra Timber Products Ltd. | Disposed |
To see the full case history of Duralloy Cutters 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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Duralloy Cutters Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Duralloy Cutters has 1 associated company. This group structure data is as of FY 2018. The table lists each entity with its relationship and holding.
GST
Duralloy Cutters has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Duralloy Cutters Limited, buy the company report.
Recent activity
Duralloy Cutters Limited has 9 board changes on record since 2008: 3 appointments and 6 cessations. The latest: Jitharam Swami ceased to be Additional Director on 04 Feb 2019.
2 earlier events are in the company report.
Frequently asked questions
Duralloy Cutters is an active public limited company based in Thane, Maharashtra, India. The company works in metal foundry and fabrication services, within the engineering industry. It was incorporated on 25 August 1986 (40+ years old) and is registered under CIN U27100MH1986PLC040723.
Duralloy Cutters has 3 current directors:
- Premchand Sodhani - Director
- Jitharam Swami - Director
- Basheer D Ahmed - Director
The latest financial statements of Duralloy Cutters on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 29 September 2018. Year-wise statements from 2015 are in the company report.
No. Duralloy Cutters has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Duralloy Cutters is U27100MH1986PLC040723. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Duralloy Cutters has 2 court cases on record: 2 filed by the company.
Duralloy Cutters was incorporated on 25 August 1986, making it 40+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Duralloy Cutters by revenue are Virani Metals Private Limited, Doortech Engineering Private Limited, R M Iron and Steels Private Limited, Goenka Ferro Chem Private Limited, See Expert Engineers Private Limited and 5 more, all in the Metals and Minerals industry (Foundry and Fabrication, Metals).
Jitharam Swami ceased to be Additional Director on 04 Feb 2019. Premchand Sodhani ceased to be Additional Director on 04 Feb 2019. Premchand Sodhani was appointed as Director on 14 Oct 2018. Duralloy Cutters has 9 board changes on record in total.
The registered office of Duralloy Cutters is at C – 204 2nd Floor Vishal Apartment Taki Road Tulinj Nallasopara E, Thane, Maharashtra, India – 401209.
Duralloy Cutters operates in the engineering industry, in the metal foundry and fabrication services segment.
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