MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2023-24)
- Udyam number
- UDYAM-GA-01-0015819
Goa Steels Ltd
Goa Steels Ltd - metals and minerals in Mapusa, Goa, India. FY 2026 financials & compliance.
Revenue · FY 2022
₹8.07 Lakh
▼ 100% YoY
Net profit · FY 2022
₹5.76 Lakh
Net margin 71.4%
EBITDA · FY 2022
₹7.68 Lakh
EBITDA margin 95.2%
Authorised capital
₹2 Cr
Registered with MCA
Paid-up capital
₹1.79 Cr
Issued & subscribed
Open charges
₹21.42 Cr
Satisfied ₹14.46 Cr
Company age
41 yrs
Est. 1985
Employees · EPFO
18
Provident fund records
About Goa Steels Ltd
Data last updated:
Goa Steels Ltd is a public limited company based in Mapusa, Goa, India. It operates in the steel manufacturing and processing segment of the metals and mining sector. It was incorporated on 28 August 1985 and has been in existence for over 41 years.
The company is registered with the Registrar of Companies (ROC), Goa, under CIN U31200GA1985PLC000636. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹1.79 Cr. It is led by directors including Vikash Agarwal and Kundankumar Shetye Anand.
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 S.No. G – 1 – C Feira Alta Mapusa, Goa, India – 403507.
As per the financials filed for FY 2022, the company reported a revenue of ₹8.07 Lakh, a decline of 100% compared to the previous year. For the same year it recorded a net profit of ₹5.76 Lakh (net margin 71.4%) and EBITDA of ₹7.68 Lakh (EBITDA margin 95.2%). Revenue has declined at a compounded annual rate (CAGR) of 87% over three years and 69% over five years.
The company has about 18 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹21.42 Cr and satisfied charges of ₹14.46 Cr on record. Court records list 15 cases involving the company, including 6 filed by the company and 9 filed against it; 2 cases are pending.
Goa Steels Ltd is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-GA-01-0015819). The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
CIN U31200GA1985PLC000636
Registration Number 000636
Incorporation Date 28 August 1985
ROC Goa
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2023
Date of Balance Sheet 31 March 2023
Compliance Status Active Non-Compliant
MSME Classification Micro
Udyam Registration UDYAM-GA-01-0015819
Recognitions & Rankings of Goa Steels
Contact details
Goa Steels Ltd's registered office is in Mapusa, Goa. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressS.No. G – 1 – C Feira Alta Mapusa, Goa, India – 403507
- IndustryMetals and Minerals, Steel Manufacturing & Processing
To see the full contact details of Goa Steels Ltd, buy the company report.
Comprehensive company report
Goa Steels Ltd - 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business activity
The main business activity of Goa 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 |
Financials of Goa Steels Ltd
FY 2023 filings availableGoa Steels Ltd reported revenue of ₹8.07 Lakh (down 100% YoY) for FY 2022.
Revenue · FY 2022
₹8.07 Lakh ▼ 100%
Net profit · FY 2022
₹5.76 Lakh margin 71.4%
EBITDA · FY 2022
₹7.68 Lakh margin 95.2%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
3 years · compounded
▼ 87%
5 years · compounded
▼ 69%
EBITDA CAGR growth
1 year
▼ 74%
3 years · compounded
▼ 36%
5 years · compounded
▼ 23%
Revenue has declined at a compounded annual rate (CAGR) of 69% over five years. EBITDA fell 74% 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹8.07 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹7.68 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹5.76 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 95.2% | ||||
| Net Profit Margin | 71.4% | ||||
| 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 Goa Steels Ltd, buy the company report.
Board of directors of Goa Steels Ltd
Goa Steels has 4 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vikash Agarwal Also directs: Jaquar Logistics Private Limited | Director | 23 Jun 2020 | 6 Years 4 Months | Current |
| Kundankumar Shetye Anand Also directs: Elite Fusion Gaming LLP, Royal Zuri Entertainment LLP, La Denzong Entertainment LLP and 5 more | Director | 01 May 1995 | 31 Years 5 Months | Current |
| Celsa Maria Fernandes Also directs: Malabar Ispat Limited, Orange Fox Steels Private Limited, Kairav Steels Private Limited and 1 more | Director | 01 Oct 2007 | 19 Years 0 Months | Current |
| Ashish Prakash Prabhushirodkar | Director | 22 Oct 2012 | 14 Years 0 Months | Current |
Auditor
Goa Steels Ltd is audited by J S V & CO for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| J S V & CO | FY 2022 | 123269W |
Shareholding
The shareholding of Goa Steels Ltd is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Goa Steels Ltd, buy the company report.
Charges & borrowings
Open charges
₹21.42 Cr
Satisfied charges
₹14.46 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 20 Dec 2021 | 100535461 | Axis Bank Limited | ₹15 Cr | Open | |
| 21 Oct 2020 | 100387632 | Indian Overseas Bank | ₹16.29 Lakh | Open | |
| 06 Feb 2015 | 10552767 | Indian Overseas Bank | ₹6.09 Cr | Open | |
| 07 Jun 2013 | 10516868 | Indusind Bank | ₹16 Lakh | Open | |
| 04 Jan 1999 | 90065305 | Canara Bank | ₹11.27 Lakh | Satisfied |
To see the full charge records of Goa Steels Ltd, buy the company report.
Total charge records: 37 View all charges
Legal cases
Goa Steels Ltd has 15 court cases on record: 6 filed by Goa Steels, 9 filed against it. 2 cases are pending and 13 are disposed.
Total cases
15
Filed by the company
6
Filed against the company
9
Pending
2
Disposed
13
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 8 | 4 | 1 |
| District courts | 7 | 5 | 1 |
Cases on record (5 of 15)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, KARNATAKA | Writ petition | Filed by the company against M/S. Grand 7 Entertainment Private Limited and 5 others | Pending |
| District court, BENGALURU, Karnataka | Civil suit | Filed against the company | Pending |
| District court, BENGALURU, Karnataka | Court case (Com.O.S.) | Filed against the company by individuals | Disposed |
| District court, BENGALURU, Karnataka | Interim or miscellaneous application | Filed against the company by individuals | Disposed |
| District court, BENGALURU, Karnataka | Court case (Com.Misc.) | Filed against the company by individuals | Disposed |
To see the full case history of Goa Steels Ltd, 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 Goa Steels Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Goa Steels Ltd has a workforce of 18 employees on its EPFO records as of Apr 09, 2024, across 1 active EPFO establishment.
Employee count
18
Active EPFO establishments
1
Employee growth
-37.93%
GST
Goa Steels has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
Total GSTINs
1
Cancelled / inactive
1
To see the full GST registrations and return filing status of Goa Steels Ltd, buy the company report.
Recent activity
Goa Steels Ltd has 6 board changes on record since 1995: 4 appointments and 2 cessations. The latest: Vikash Agarwal was appointed as Director on 23 Jun 2020.
AGM
Goa Steels Ltd last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
Filing
Goa Steels Ltd has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Goa.
Charges
A charge with Axis Bank Limited amounted to Rs. 15.00 Cr with Charge ID 100535461 was registered on 20 Dec 2021.
Charges
A charge with Indian Overseas Bank of Rs. 6.09 Cr registered on 06 Feb 2015 with Charge ID 10552767 was modified on 08 Jun 2021.
Charges
A charge with Indian Overseas Bank amounted to Rs. 0.16 Cr with Charge ID 100387632 was registered on 21 Oct 2020.
Appointed
Vikash Agarwal was appointed as Director.
Charges
A charge with Indian Overseas Bank amounted to Rs. 6.09 Cr with Charge ID 10552767 was registered on 06 Feb 2015.
Ceased
Ashish Prakash Prabhushirodkar ceased to be Additional Director.
Charges
A charge with Indusind Bank amounted to Rs. 0.16 Cr with Charge ID 10516868 was registered on 07 Jun 2013.
Charges
A charge registered on 16 Nov 1995 via Charge ID 90064958 with The Economic Development Corporation Of Goa Daman & Diu Ltd. was fully satisfied on 23 Apr 2013.
Appointed
Ashish Prakash Prabhushirodkar was appointed as Director.
Ceased
Sugandha Anand Shetye ceased to be Director.
75 earlier events are in the company report.
Frequently asked questions
Goa Steels is an active public limited company based in Mapusa, Goa, India. The company works in steel manufacturing and processing, within the metals and minerals industry. It was incorporated on 28 August 1985 (41+ years old) and is registered under CIN U31200GA1985PLC000636.
Goa Steels has 4 current directors:
- Vikash Agarwal - Director
- Kundankumar Shetye Anand - Director
- Celsa Maria Fernandes - Director
- Ashish Prakash Prabhushirodkar - Director
The latest financial statements of Goa Steels 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.
No. Goa Steels has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Goa Steels is U31200GA1985PLC000636. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Goa Steels has 15 court cases on record: 6 filed by the company and 9 filed against it. 2 are pending. Most are in the high courts.
Goa Steels was incorporated on 28 August 1985, making it 41+ years old. It is registered with the Registrar of Companies, Goa.
Vikash Agarwal was appointed as Director on 23 Jun 2020. Ashish Prakash Prabhushirodkar ceased to be Additional Director on 23 Sep 2014. Ashish Prakash Prabhushirodkar was appointed as Director on 22 Oct 2012. Goa Steels has 6 board changes on record in total.
Yes, Goa Steels is registered as a micro enterprise under Udyam registration (number: UDYAM-GA-01-0015819).
The registered office of Goa Steels is at S.No. G – 1 – C Feira Alta Mapusa, Goa, India – 403507.