About Esl Steel Limited
Data last updated:
Esl Steel Limited is a public limited company based in Bokaro Steel, Jharkhand, India, a subsidiary of Vedanta Limited. It operates in the steel manufacturing and processing segment of the metals and mining sector. It was incorporated on 20 December 2006 and has been in existence for over 20 years.
The company is registered with the Registrar of Companies (ROC), Ranchi, under CIN U27310JH2006PLC012663. Its GSTIN is 20AABCE6875H1ZQ (Jharkhand). The company holds 10 GST registrations, of which 7 are active.
The company has an authorised share capital of ₹10,020 Cr and a paid-up capital of ₹1,849.03 Cr. It was formerly known as Electrosteel Integrated Limited. It is led by directors including Ravish Sharma (Whole-Time Director) and Thomas Mathew Thumpeparambil.
Its last annual general meeting (AGM) was held on 12 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Bokaro Steel, Jharkhand.
As per the financials filed for FY 2025, the company reported a revenue of ₹8,282.11 Cr, a decline of 4% compared to the previous year. For the same year it recorded a net loss of ₹266.19 Cr (net margin -3.2%) and EBITDA of ₹550.01 Cr (EBITDA margin 6.6%). Revenue has grown at a compounded annual rate (CAGR) of 7% over three years and 13% over five years.
The company has about 1,797 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: ESL Steel. As per MCA filings, the company has open charges of ₹8,329 Cr and satisfied charges of ₹32,582 Cr on record. Court records list 265 cases involving the company, including 156 filed by the company and 109 filed against it; 68 cases are pending. The company has 19 deals on record (10 market trades, 7 funding rounds, 1 ipo), with disclosed funding of ₹11,359 Cr; the latest was in June 2018. Its 9 peer companies in the Metals and Minerals industry (Steel), with the same principal business activity (metal and metal products) are compared by revenue, 4 larger and 5 smaller; the largest is Posco Maharashtra Steel Private Limited with revenue of ₹12,059 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website eslsteel.com.
Company details
Name history
Esl Steel has undergone 4 name changes throughout its history. The current legal name is Esl Steel Limited.
| Company Name | Status |
|---|---|
| Esl Steel Limited | Current |
| Electrosteel Integrated Limited | Previous |
| Esl Limited | Previous |
| Electrosteel Steels Limited | Previous |
CIN history
Esl Steel has one previous CIN (Corporate Identification Number): L27310JH2006PLC012663. The current CIN is U27310JH2006PLC012663, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U27310JH2006PLC012663 | Current |
| L27310JH2006PLC012663 | Previous |
Contact details
Esl Steel Limited's registered office is in Bokaro Steel, Jharkhand. Its website is eslsteel.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressEsl Steel Limited Village – Siyaljori Post – Jogidih O.P. – Bangaria Ps – Cha, Ndankyari, Bokaro Steel, Jharkhand, India – 828303
- IndustryMetals and Minerals, Steel Manufacturing & Processing
To see the full contact details of Esl Steel 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
Brands
Esl Steel operates one associated brand: ESL Steel. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturer of electrosteel products | eslsteel.com |
Business activity
The main business activity of Esl Steel is manufacturing. In detail, this covers metal and metal products and other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities. 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 | |
| C | Manufacturing | C13 | Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities |
To see the full business activity and turnover split of Esl Steel Limited, buy the company report.
Financials of Esl Steel Limited
FY 2025 filings availableEsl Steel Limited reported revenue of ₹8,282.11 Cr (down 4% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 4% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 13%. EBITDA rose 124% 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 |
|---|---|---|---|---|---|
| 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 | ₹550.01 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹266.19 Cr | ||||
| 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 6.6% | ||||
| Net Profit Margin | -3.2% | ||||
| 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 Esl Steel Limited, buy the company report.
Board of directors of Esl Steel Limited
Esl Steel has 5 current directors and 37 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Thomas Mathew Thumpeparambil Also directs: Hindustan Zinc Limited, Bharat Aluminium Co Ltd | Director | 15 Jun 2022 | 4 Years 4 Months | Current |
| Poovannan Sumathi | Director | 22 Oct 2019 | 7 Years 0 Months | Current |
| Ravish Sharma | Whole-Time Director | 24 Jan 2025 | 1 Years 9 Months | Current |
| Arun Misra | Director | 01 Sep 2023 | 3 Years 2 Months | Current |
| Subodh Kumar Rai | Director | 01 Sep 2023 | 3 Years 2 Months | Current |
Peer comparison
Esl Steel Limited is compared with the 9 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 |
|---|---|---|---|---|---|---|
| Posco Maharashtra Steel Private Limited | ₹12,059 Cr (FY 2025) | 5.0% | Mangaon, Maharashtra, India | |||
| Shyam Sel and Power Limited | ₹9,219.22 Cr (FY 2025) | 20.0% | Kolkata, West Bengal, India | |||
| Rashmi Metaliks Limited | ₹8,995.06 Cr (FY 2024) | 19.0% | Kolkata, West Bengal, India | |||
| Viraj Profiles Private Limited | ₹8,550.49 Cr (FY 2025) | -1.0% | Surat, Gujarat, India | |||
| Esl Steel Limitedthis company | ₹8,282.11 Cr (FY 2025) | -₹266.19 Cr | -3.2% | -4.0% | 1,797 | Bokaro Steel, Jharkhand, India |
| Tata Steel Long Products Limited | ₹8,098.53 Cr (FY 2023) | 17.0% | Keonjhar, Odisha, India | |||
| Orissa Alloy Steel Private Limited | ₹7,641.81 Cr (FY 2025) | 24.0% | Kolkata, West Bengal, India | |||
| Tata Steel Downstream Products Limited | ₹7,495.97 Cr (FY 2025) | -2.0% | Kolkata, West Bengal, India | |||
| Shyam Steel Industries Limited | ₹7,161.34 Cr (FY 2025) | 9.0% | Kolkata, West Bengal, India | |||
| Lloyds Metals and Energy Limited | ₹6,772.62 Cr (FY 2025) | 3.0% | Chandrapur, Maharashtra, India |
To see the full peer comparison of Esl Steel Limited, buy the company report.
Auditor
Esl Steel Limited is audited by LODHA & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| LODHA & CO | FY 2023 | 301051E |
Shareholding
The shareholding of Esl Steel Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Esl Steel Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Mar 2025 | 101082952 | Others | ₹75 Cr | Open | |
| 28 Mar 2019 | 100258553 | Others | ₹1,454 Cr | Open | |
| 28 Nov 2018 | 100220234 | Others | ₹3,400 Cr | Open | |
| 01 Jun 2018 | 100182171 | Others | ₹3,400 Cr | Open | |
| 22 Jan 2015 | 10547664 | L&T Fincorp Limited | ₹40 Cr | Satisfied |
To see the full charge records of Esl Steel Limited, buy the company report.
Total charge records: 22 View all charges
Deals & funding
Esl Steel Limited has 19 deals on record (10 market trades, 7 funding rounds, 1 ipo), with disclosed funding of ₹11,359 Cr; the latest was in June 2018.
Deals on record (5 of 19)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jun 2018 | Funding round | ₹9,164.64 Cr | Investors: State Bank Of India, Vedanta Star Limited , Punjab National Bank |
| May 2018 | Market trade | ₹3.23 Cr | Buyer: J M Global Equities Private Limited Seller: Sciil Steel Cast Iron Investments (Cyprus) Limited |
| Aug 2014 | Funding round | ₹222.5 Cr | Investors: Electrosteel Castings Ltd |
| Aug 2012 | Funding round | ₹152 Cr | Investors: Electrosteel Castings Ltd |
| Oct 2010 | Market trade | ₹31.02 Cr | Buyer: JMP Securities Private Limited , Wellcome Vyapaar Private Limited Seller: JMP Securities Private Limited |
To see the full deal history of Esl Steel 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
Esl Steel Limited has 265 court cases on record: 156 filed by Esl Steel, 109 filed against it. 68 cases are pending and 197 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 152 | 33 | 44 |
| District courts | 63 | 35 | 18 |
| Supreme Court | 32 | 23 | 4 |
| NCLAT | 16 | 16 | 2 |
| NCLT | 2 | 2 | 0 |
Cases on record (5 of 265)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Delhi | Arbitration matter | Filed against the company by Linde India Limited | Pending |
| High Court of Jharkhand | Writ petition | Filed by the company against M/S Damodar Valley Corporation , Through Its Chairman | Pending |
| District court, Bokaro, Jharkhand | Commercial matter | Filed against the company by Swal Limited Through Sachindra Mohan Mondal | Pending |
| Calcutta High Court | Court case (AP-COM) | Filed by the company against Swal Limited | Pending |
| District court, Bokaro, Jharkhand | Commercial suit | Filed by the company against Ga Infra Private Limited (Gurugram, Haryana) and Others. | Pending |
To see the full case history of Esl Steel 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
Esl Steel Limited was last rated by Crisil on 31 Oct 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 31 Oct 2020 |
To see the full credit ratings and regulatory alerts of Esl Steel Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Esl Steel Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Esl Steel Limited has a workforce of 1,797 employees on its EPFO records as of Mar 28, 2024, across 1 active EPFO establishment.
GST
Esl Steel has 10 GST registrations: 7 active and 3 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 20AABCE6875H1ZQ | Jharkhand | Active | 01 Jul 2017 |
| 07AABCE6875H1ZE | Delhi | Active | 01 Jul 2017 |
| 09AABCE6875H1ZA | Uttar Pradesh | Active | 01 Jul 2017 |
| 10AABCE6875H1ZR | Bihar | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Esl Steel Limited, buy the company report.
Recent activity
Esl Steel Limited has 71 board changes on record since 2006: 38 appointments and 33 cessations. The latest: Agnivesh Agarwal ceased to be Additional Director on 11 Sep 2025.
112 earlier events are in the company report.
News
Frequently asked questions
Esl Steel is an active public limited company based in Bokaro Steel, Jharkhand, India. The company works in steel manufacturing and processing, within the metals and minerals industry. It was incorporated on 20 December 2006 (20+ years old) and is registered under CIN U27310JH2006PLC012663.
Esl Steel has 5 current directors:
- Ravish Sharma - Whole-Time Director
- Thomas Mathew Thumpeparambil - Director
- Poovannan Sumathi - Director
- Arun Misra - Director
- Subodh Kumar Rai - Director
The latest financial statements of Esl Steel on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 12 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Esl Steel is 20AABCE6875H1ZQ, registered in Jharkhand. The company has 10 GST registrations in all, of which 7 are active and 3 are cancelled or inactive. Other active GSTINs include 07AABCE6875H1ZE (Delhi), 09AABCE6875H1ZA (Uttar Pradesh), 10AABCE6875H1ZR (Bihar).
The CIN (Corporate Identification Number) of Esl Steel is U27310JH2006PLC012663. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Esl Steel has 265 court cases on record: 156 filed by the company and 109 filed against it. 68 are pending. Most are in the high courts.
Esl Steel was incorporated on 20 December 2006, making it 20+ years old. It is registered with the Registrar of Companies, Ranchi.
Esl Steel has 19 deals on record (10 market trades, 7 funding rounds, 1 ipo), with disclosed funding of ₹11,359 Cr; the latest was in June 2018.
The peers of Esl Steel by revenue are Posco Maharashtra Steel Private Limited, Shyam Sel and Power Limited, Rashmi Metaliks Limited, Viraj Profiles Private Limited, Tata Steel Long Products Limited and 4 more, all in the Metals and Minerals industry (Steel), with the same principal business activity (metal and metal products).
Agnivesh Agarwal ceased to be Additional Director on 11 Sep 2025. Ravish Sharma was appointed as Whole-Time Director on 24 Jan 2025. Ashish Kumar Gupta ceased to be CEO on 23 Jan 2025. Esl Steel has 71 board changes on record in total.
Esl Steel can be reached through the website eslsteel.com. Its registered office is in Bokaro Steel, Jharkhand, India.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
