Durga Concast Private Limited
About Durga Concast Private Limited
Data last updated:
Durga Concast Private Limited is a private limited company based in Ludhiana, Punjab, India. It operates in the steel manufacturing and processing segment of the metals and mining sector. It was incorporated on 30 March 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U28910PB2009PTC032715. Its GSTIN is 03AADCD2638M1ZP (Punjab). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹3.5 Cr and a paid-up capital of ₹3.08 Cr. It is led by directors including Kulbhushan Kumar Jain and Karan Jain.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at Jaspal Bangar Kanganwal Road, Ludhiana, Punjab, India – 141001.
As per the financials filed for FY 2023, the company reported a revenue of ₹127.24 Cr, a growth of 1% compared to the previous year. For the same year it recorded a net profit of ₹31.42 Lakh (net margin 0.2%) and EBITDA of ₹1.16 Cr (EBITDA margin 0.9%). Revenue has grown at a compounded annual rate (CAGR) of 37% over three years and 23% over five years.
The company has about 25 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹5.99 Cr and satisfied charges of ₹7 Cr on record. Court records list 26 cases involving the company, including 11 filed by the company and 15 filed against it; 4 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Durga Concast Private Limited's registered office is in Ludhiana, Punjab. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressJaspal Bangar Kanganwal Road, Ludhiana, Punjab, India – 141001
- IndustryMetals and Minerals, Steel Manufacturing & Processing
To see the full contact details of Durga Concast 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 Durga Concast 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 Durga Concast Private Limited, buy the company report.
Financials of Durga Concast Private Limited
FY 2023 filings availableDurga Concast Private Limited reported revenue of ₹127.24 Cr (up 1% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 23% over five years, including 1% growth in the latest year. EBITDA rose 29% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹127.24 Cr | ||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹1.16 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹31.42 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 0.9% | ||||
| Net Profit Margin | 0.2% | ||||
| 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 Durga Concast Private Limited, buy the company report.
Board of directors of Durga Concast Private Limited
Durga Concast has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kulbhushan Kumar Jain Also directs: Arihant Alloys Private Limited, Gobind Castings Pvt Ltd | Director | 30 Mar 2009 | 17 Years 7 Months | Current |
| Karan Jain Also directs: Arihant Alloys Private Limited | Director | 12 Sep 2016 | 10 Years 1 Months | Current |
| Adish Jain Also directs: Arihant Alloys Private Limited | Director | 12 Sep 2016 | 10 Years 1 Months | Current |
Peer comparison
Durga Concast Private Limited is compared with the 6 companies closest to it by revenue in the Metals and Minerals industry (Steel), with the same principal business activity (metal and metal products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Vasko Ispat Private Limited | ₹127.64 Cr (FY 2025) | 34.0% | Dholka, Gujarat, India | |||
| Ritanshi Steel Processors Private Limited | ₹127.59 Cr (FY 2025) | 28.0% | Faridabad, Haryana, India | |||
| Shree Devkinandan Metals Private Limited | ₹127.26 Cr (FY 2025) | 6.0% | Gandhinagar, Gujarat, India | |||
| Smridhi Sponge Limited | ₹127.25 Cr (FY 2025) | 3.0% | Kolkata, West Bengal, India | |||
| Durga Concast Private Limitedthis company | ₹127.24 Cr (FY 2023) | ₹31.42 Lakh | 0.2% | 1.0% | 25 | Ludhiana, Punjab, India |
| Madhusudan Special Sections Private Limited | ₹126.93 Cr (FY 2025) | -26.0% | Ahmedabad, Gujarat, India | |||
| L N Metallics Private Limited | ₹126.61 Cr (FY 2025) | -2.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Durga Concast Private Limited, buy the company report.
Auditor
Durga Concast Private Limited is audited by SINGLA GUPTA & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SINGLA GUPTA & CO. | FY 2023 | 017231N |
Shareholding
The shareholding of Durga Concast 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 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Durga Concast Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Oct 2022 | 100641238 | Others | ₹1 Cr | Open | |
| 23 Mar 2022 | 100557666 | Others | ₹4.99 Cr | Open | |
| 06 Oct 2012 | 10387636 | State Bank of India | ₹3.5 Cr | Satisfied | |
| 01 Dec 2010 | 10262100 | State Bank of India | ₹3.5 Cr | Satisfied |
To see the full charge records of Durga Concast Private Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
Durga Concast Private Limited has 26 court cases on record: 11 filed by Durga Concast, 15 filed against it. 4 cases are pending and 22 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 19 | 14 | 2 |
| High courts | 6 | 0 | 1 |
| Supreme Court | 1 | 1 | 1 |
Cases on record (5 of 26)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Supreme Court | Court case | Filed against the company by Union of India | Pending |
| High Court of Punjab and Haryana | Writ petition | Filed by the company against Union of India and Others | Pending |
| District court, Ludhiana, Punjab | Appeal | Filed by the company against individuals | Pending |
| High Court of Punjab and Haryana | Writ petition | Filed by the company against Union of India and Others | Disposed |
| High Court, PUNJAB | Writ petition | Filed by the company against State of Punjab and Others and 2 others | Disposed |
To see the full case history of Durga Concast 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.
MSME payment delays
Durga Concast Private Limited has 4 MSME Form 1 returns on record between 2019 and 2024, listing 77 overdue payments to 40 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 (5 of 40)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| MB Ceramics | |||
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier |
To see the full MSME payment records of Durga Concast Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Durga Concast Private Limited has a workforce of 25 employees on its EPFO records as of Mar 28, 2024, across 1 active EPFO establishment.
GST
Durga Concast has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 03AADCD2638M1ZP | Punjab | Active | 01 Jul 2017 |
| 03AADCD2638M1DY | Punjab | Active | 29 Nov 2024 |
To see the full GST registrations and return filing status of Durga Concast Private Limited, buy the company report.
Recent activity
Durga Concast Private Limited has 4 board changes on record since 2009: 3 appointments and 1 cessation. The latest: Anju Jain ceased to be Director on 01 Apr 2022.
2 earlier events are in the company report.
Frequently asked questions
Durga Concast is an active private limited company based in Ludhiana, Punjab, India. The company works in steel manufacturing and processing, within the metals and minerals industry. It was incorporated on 30 March 2009 (17+ years old) and is registered under CIN U28910PB2009PTC032715.
Durga Concast has 3 current directors:
- Kulbhushan Kumar Jain - Director
- Karan Jain - Director
- Adish Jain - Director
The latest financial statements of Durga Concast on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from 2015 are in the company report.
The GSTIN of Durga Concast is 03AADCD2638M1ZP, registered in Punjab. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 03AADCD2638M1DY (Punjab).
The CIN (Corporate Identification Number) of Durga Concast is U28910PB2009PTC032715. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Durga Concast has 26 court cases on record: 11 filed by the company and 15 filed against it. 4 are pending. Most are in the district courts.
Durga Concast was incorporated on 30 March 2009, making it 17+ years old. It is registered with the Registrar of Companies, Chandigarh.
The peers of Durga Concast by revenue are Vasko Ispat Private Limited, Ritanshi Steel Processors Private Limited, Shree Devkinandan Metals Private Limited, Smridhi Sponge Limited, Madhusudan Special Sections Private Limited and 1 more, all in the Metals and Minerals industry (Steel), with the same principal business activity (metal and metal products).
Anju Jain ceased to be Director on 01 Apr 2022. Adish Jain was appointed as Director on 12 Sep 2016. Karan Jain was appointed as Director on 12 Sep 2016. Durga Concast has 4 board changes on record in total.
Durga Concast has 4 MSME Form 1 returns on record between 2019 and 2024, listing 77 overdue payments to 40 micro and small suppliers. The latest return was filed on 25 Apr 2024.
The registered office of Durga Concast is at Jaspal Bangar Kanganwal Road, Ludhiana, Punjab, India – 141001.
Durga Concast operates in the metals and minerals industry, in the steel manufacturing and processing segment.
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