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Dycon Metals Private Limited
Dycon Metals Private Limited - machinery and equipment in Gandhinagar, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹29.51 Cr
Latest filing
Net loss · FY 2024
₹69.37 Lakh
Net margin -2.4%
EBITDA · FY 2024
₹27.82 Lakh
EBITDA margin 0.9%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹34.8 Cr
Secured borrowings
Company age
4 yrs
Est. 2022
Directors on board
5
As per MCA filings
About Dycon Metals Private Limited
Data last updated:
Dycon Metals Private Limited is a private limited company based in Gandhinagar, Gujarat, India, recognised as a startup by DPIIT. It operates in the process machinery and industrial equipment segment of the machinery and industrial equipment sector. It was incorporated on 06 June 2022.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U27320GJ2022PTC132669. Its GSTIN is 24AAJCD3362L1ZI (Gujarat).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Shubh Patel and Ashok Kantilal Patel.
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 Wepari Jin Kalol Village Kalol Taluka Kalol, Gandhinagar, Gujarat, India – 382721.
As per the financials filed for FY 2024, the company reported a revenue of ₹29.51 Cr. For the same year it recorded a net loss of ₹69.37 Lakh (net margin -2.4%) and EBITDA of ₹27.82 Lakh (EBITDA margin 0.9%).
As per MCA filings, the company has open charges of ₹34.8 Cr on record.
Dycon Metals Private Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-GJ-14-0015838).
Company details
CIN U27320GJ2022PTC132669
Registration Number 132669
Incorporation Date 06 June 2022
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
DPIIT Recognition Recognised Startup
MSME Classification MSME
Udyam Registration UDYAM-GJ-14-0015838
Key People
Shubh Patel Director Ashok Kantilal Patel Director Deepak Rameshchandra Khandelwal Director Recognitions & Rankings of Dycon Metals
MSME (Udyam registered) Ministry of MSME
- Udyam number
- UDYAM-GJ-14-0015838
Contact details
Dycon Metals Private Limited's registered office is in Gandhinagar, Gujarat. Its e-mail address is in the company report.
- Email
- Registered AddressWepari Jin Kalol Village Kalol Taluka Kalol, Gandhinagar, Gujarat, India – 382721
- IndustryMachinery and Equipment, Process Machinery & Industrial Equipment
To see the full contact details of Dycon Metals Private Limited, buy the company report.
Comprehensive company report
Dycon Metals 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 Dycon Metals 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 Dycon Metals Private Limited, buy the company report.
Financials of Dycon Metals Private Limited
FY 2025 filings availableDycon Metals Private Limited reported revenue of ₹29.51 Cr for FY 2024.
Revenue · FY 2024
₹29.51 Cr
Net loss · FY 2024
₹69.37 Lakh margin -2.4%
EBITDA · FY 2024
₹27.82 Lakh margin 0.9%
Financial Statement Summary
| Metrics | FY 2023-24 | FY 2022-23 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ||
| Other Income | ||
| Total Revenue | ||
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | ₹27.82 Lakh | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | -₹69.37 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 2023-24 | FY 2022-23 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 0.9% | |
| Net Profit Margin | -2.4% | |
| 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 Dycon Metals Private Limited, buy the company report.
Board of directors of Dycon Metals Private Limited
Dycon Metals has 5 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shubh Patel | Director | 11 Nov 2022 | 4 Years 0 Months | Current |
| Ashok Kantilal Patel Also directs: Kesari Ispat LLP | Director | 06 Jun 2022 | 4 Years 5 Months | Current |
| Deepak Rameshchandra Khandelwal | Director | 11 Nov 2022 | 4 Years 0 Months | Current |
| Priyansh Khandelwal | Director | 11 Nov 2022 | 4 Years 0 Months | Current |
| Rashmi Dilip Khandelwal | Director | 27 May 2024 | 2 Years 5 Months | Current |
Peer comparison
Dycon Metals Private Limited is compared with the 6 companies closest to it by revenue in the Engineering industry (Foundry and Fabrication, Metals), 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 |
|---|---|---|---|---|---|---|
| Sieves Manufacturers (India) Private Limited | ₹29.6 Cr (FY 2024) | -30.0% | Mumbai, Maharashtra, India | |||
| KSM Greenmet Resources Limited | ₹29.51 Cr (FY 2025) | 40.0% | Kancheepuram D.T, Tamil Nadu, India | |||
| Dycon Metals Private Limitedthis company | ₹29.51 Cr (FY 2024) | -₹69.37 Lakh | -2.4% | Gandhinagar, Gujarat, India | ||
| Akshay Metals Private Limited | ₹29.48 Cr (FY 2025) | 15.0% | Karveer, Maharashtra, India | |||
| Bhoomi Metacast Private Limited | ₹29.4 Cr (FY 2025) | -28.0% | Ahmedabad, Gujarat, India | |||
| Baynee Projects Ltd | ₹29.36 Cr (FY 2025) | 177.0% | Kolkata, West Bengal, India | |||
| Vrajeshwaree Steel Private Limited | ₹29.36 Cr (FY 2024) | -10.0% | Dahod, Gujarat, India |
To see the full peer comparison of Dycon Metals Private Limited, buy the company report.
Auditor
Dycon Metals Private Limited is audited by DEEPAK C GANDHI & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| DEEPAK C GANDHI & CO. | FY 2023 | 102226W |
Charges & borrowings
Open charges
₹34.8 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 26 Apr 2023 | 100724282 | Hdfc Bank Limited | ₹13.8 Cr | Open | |
| 26 Apr 2023 | 100724284 | Hdfc Bank Limited | ₹11 Cr | Open | |
| 02 Mar 2023 | 100727809 | Hdfc Bank Limited | ₹10 Cr | Open |
To see the full charge records of Dycon Metals Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
No court or tribunal cases involving Dycon Metals Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Dycon Metals Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Dycon Metals Private Limited has 1 active EPFO establishment as of Nov 12, 2026.
Active EPFO establishments
1
GST
Dycon Metals has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAJCD3362L1ZI | Gujarat | Active | 14 Oct 2022 |
To see the full GST registrations and return filing status of Dycon Metals Private Limited, buy the company report.
Recent activity
Dycon Metals Private Limited has 7 board changes on record since 2022: 6 appointments and 1 cessation. The latest: Rashmi Dilip Khandelwal was appointed as Director on 27 May 2024.
AGM
Dycon Metals Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Dycon Metals Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Appointed
Rashmi Dilip Khandelwal was appointed as Director.
Ceased
Dilip Shyamlal Khandelwal ceased to be Director.
Charges
A charge with Hdfc Bank Limited of Rs. 1,380.00 Lakh registered on 26 Apr 2023 with Charge ID 100724282 was modified on 09 Apr 2024.
Charges
A charge with Hdfc Bank Limited of Rs. 1,100.00 Lakh registered on 26 Apr 2023 with Charge ID 100724284 was modified on 09 Apr 2024.
Charges
A charge with Hdfc Bank Limited of Rs. 1,000.00 Lakh registered on 02 Mar 2023 with Charge ID 100727809 was modified on 12 Feb 2024.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 1,380.00 Lakh with Charge ID 100724282 was registered on 26 Apr 2023.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 1,100.00 Lakh with Charge ID 100724284 was registered on 26 Apr 2023.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 1,000.00 Lakh with Charge ID 100727809 was registered on 02 Mar 2023.
Appointed
Deepak Rameshchandra Khandelwal was appointed as Director.
Appointed
Priyansh Khandelwal was appointed as Director.
4 earlier events are in the company report.
Frequently asked questions
Dycon Metals is an active private limited company based in Gandhinagar, Gujarat, India. The company works in process machinery and industrial equipment, within the machinery and equipment industry. It was incorporated on 06 June 2022 (4+ years old) and is registered under CIN U27320GJ2022PTC132669.
Dycon Metals has 5 current directors:
- Shubh Patel - Director
- Ashok Kantilal Patel - Director
- Deepak Rameshchandra Khandelwal - Director
- Priyansh Khandelwal - Director
- Rashmi Dilip Khandelwal - Director
The latest financial statements of Dycon Metals 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 FY 2023 are in the company report.
The GSTIN of Dycon Metals is 24AAJCD3362L1ZI, registered in Gujarat.
The CIN (Corporate Identification Number) of Dycon Metals is U27320GJ2022PTC132669. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Dycon Metals was incorporated on 06 June 2022, making it 4+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Dycon Metals by revenue are Sieves Manufacturers (India) Private Limited, KSM Greenmet Resources Limited, Akshay Metals Private Limited, Bhoomi Metacast Private Limited, Baynee Projects Ltd and 1 more, all in the Engineering industry (Foundry and Fabrication, Metals), with the same principal business activity (metal and metal products).
Rashmi Dilip Khandelwal was appointed as Director on 27 May 2024. Dilip Shyamlal Khandelwal ceased to be Director on 30 Apr 2024. Deepak Rameshchandra Khandelwal was appointed as Director on 11 Nov 2022. Dycon Metals has 7 board changes on record in total.
Yes, Dycon Metals is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Dycon Metals is registered as an MSME under Udyam registration (number: UDYAM-GJ-14-0015838).
The registered office of Dycon Metals is at Wepari Jin Kalol Village Kalol Taluka Kalol, Gandhinagar, Gujarat, India – 382721.
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