Goradia Special Steels Limited

Goradia Special Steels Limited - metals and minerals in Raigad, Maharashtra, India. FY 2026 financials & compliance.
CIN U24109MH1992PLC068326 Incorporated 27 August 1992 ROC Mumbai HQ Raigad, Maharashtra, India
Active Public Limited Company metals and minerals MSME · Medium
Data last updated
Revenue · FY 2025
₹141.56 Cr
▲ 33% YoY
Net profit · FY 2025
₹4.65 Cr
Net margin 3.3%
EBITDA · FY 2025
₹10.21 Cr
EBITDA margin 7.2%
Authorised capital
₹8 Cr
Registered with MCA
Paid-up capital
₹7.5 Cr
Issued & subscribed
Open charges
₹53.46 Cr
Satisfied ₹22.46 Cr
Company age
34 yrs
Est. 1992
Employees · EPFO
33
Provident fund records

About Goradia Special Steels Limited

Data last updated:

Goradia Special Steels Limited is a public limited company based in Raigad, Maharashtra, India. It operates in the steel manufacturing and processing segment of the metals and mining sector. It was incorporated on 27 August 1992 and has been in existence for over 34 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U24109MH1992PLC068326. Its GSTIN is 27AAACA4678H1ZK (Maharashtra). The company holds 2 GST registrations, all of them active.

The company has an authorised share capital of ₹8 Cr and a paid-up capital of ₹7.5 Cr. It was formerly known as Vipras Castings Limited. It is led by directors including Pranay Himatlal Goradia (Managing Director) and Sanjiv Himatlal Goradia.

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 Survsey No 33/5 Savroli Kharpa Road Khopoli, Raigad, Maharashtra, India – 410203.

As per the financials filed for FY 2025, the company reported a revenue of ₹141.56 Cr, a growth of 33% compared to the previous year. For the same year it recorded a net profit of ₹4.65 Cr (net margin 3.3%) and EBITDA of ₹10.21 Cr (EBITDA margin 7.2%). Revenue has grown at a compounded annual rate (CAGR) of 40% over three years.

The company has about 33 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: Goradia. As per MCA filings, the company has open charges of ₹53.46 Cr and satisfied charges of ₹22.46 Cr on record. Court records list 85 cases involving the company, including 35 filed by the company and 50 filed against it; 9 cases are pending. The company has 2 deals on record (2 secondary share transfers); the latest was in March 2018. Its 5 peer companies in the Metals and Minerals industry (Steel), with the same principal business activity (metal and metal products) are compared by revenue, 2 larger and 3 smaller; the largest is A B Rolling Mills Private Limited with revenue of ₹143.2 Cr.

Goradia Special Steels Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-27-0020453). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website goradia.in.

Company details

CIN U24109MH1992PLC068326
Registration Number 068326
Incorporation Date 27 August 1992
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-MH-27-0020453

CIN history

Goradia Special Steels has one previous CIN (Corporate Identification Number): U67120MH1992PLC068326. The current CIN is U24109MH1992PLC068326, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U24109MH1992PLC068326Current
U67120MH1992PLC068326Previous

Recognitions & Rankings of Goradia Special Steels

MSME (Udyam registered) Ministry of MSME
Category
Medium (2024-25)
Udyam number
UDYAM-MH-27-0020453

Contact details

Goradia Special Steels Limited's registered office is in Raigad, Maharashtra. Its website is goradia.in. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
  • Registered Address
    Survsey No 33/5 Savroli Kharpa Road Khopoli, Raigad, Maharashtra, India – 410203
  • Industry
    Metals and Minerals, Steel Manufacturing & Processing

To see the full contact details of Goradia Special Steels Limited, buy the company report.

Comprehensive company report
Goradia Special Steels 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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Brands

Goradia Special Steels operates one associated brand: Goradia. Each brand links to its own profile.

BrandDescriptionWebsite
Specialty steel production and related services in India.goradia.in

Business activity

The main business activity of Goradia Special Steels is manufacturing. In detail, this covers metal and metal products.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC7Metal and metal products

To see the full business activity and turnover split of Goradia Special Steels Limited, buy the company report.

Financials of Goradia Special Steels Limited

FY 2025 filings available

Goradia Special Steels Limited reported revenue of ₹141.56 Cr (up 33% YoY) for FY 2025.

Revenue · FY 2025
₹141.56 Cr ▲ 33%
Net profit · FY 2025
₹4.65 Cr margin 3.3%
EBITDA · FY 2025
₹10.21 Cr margin 7.2%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 33%
3 years · compounded
▲ 40%
EBITDA CAGR growth
1 year
▲ 59%
3 years · compounded
▲ 49%

Revenue has grown at a compounded annual rate (CAGR) of 40% over three years, including 33% growth in the latest year. EBITDA rose 59% 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue₹141.56 Cr
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹10.21 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹4.65 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin7.2%
Net Profit Margin3.3%
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 Goradia Special Steels Limited, buy the company report.

Board of directors of Goradia Special Steels Limited

Goradia Special Steels has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Pranay Himatlal GoradiaManaging Director05 Dec 199431 Years 10 MonthsCurrent
Sanjiv Himatlal GoradiaDirector05 Dec 199431 Years 10 MonthsCurrent
Trupti Pranay GoradiaDirector27 Mar 20242 Years 6 MonthsCurrent

Peer comparison

Goradia Special Steels Limited is compared with the 5 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.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
A B Rolling Mills Private Limited₹143.2 Cr (FY 2025)28.0%Umargaon, Gujarat, India
Mohan Iron and Steel (India) Private Limited₹142.73 Cr (FY 2025)-44.0%Pithampur, Madhya Pradesh, India
Goradia Special Steels Limitedthis company₹141.56 Cr (FY 2025)₹4.65 Cr3.3%33.0%33Raigad, Maharashtra, India
Kalindi Ispat Private Limited₹141.5 Cr (FY 2025)2.0%West Bengal, India
MMG Re Rolling Mills Private Limited₹141.44 Cr (FY 2025)52.0%Bhavnagar, Gujarat, India
Twenty First Century Wire Rods Limited₹141.32 Cr (FY 2019)4.0%New Delhi, Delhi, India

To see the full peer comparison of Goradia Special Steels Limited, buy the company report.

Auditor

Goradia Special Steels Limited is audited by V. P. Mehta & Co for the financial year 2023.

Auditor firmFinancial yearFirm registration number
V. P. Mehta & CoFY 2023106326W

Shareholding

The shareholding of Goradia Special Steels 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 categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Goradia Special Steels Limited, buy the company report.

Charges & borrowings

Open charges
₹53.46 Cr
Satisfied charges
₹22.46 Cr
Breakdown by lending institutions
Others₹53.18 Cr
Hdfc Bank Limited₹0.28 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
17 Jun 2026101330447Others₹8.78 LakhOpen
17 Jun 2026101330691Others₹10.3 LakhOpen
02 Jun 2026101301602Others₹4.43 CrOpen
09 Oct 2025101175301Others₹17.4 LakhOpen
09 Oct 2025101175652Others₹17.4 LakhOpen

To see the full charge records of Goradia Special Steels Limited, buy the company report.

Total charge records: 12 View all charges

Deals & funding

Goradia Special Steels Limited has 2 deals on record (2 secondary share transfers); the latest was in March 2018.

Total deals
2
Secondary share transfers
2

Deals on record (2 of 2)

WhenDealAmountParties
Mar 2018Secondary share transferUndisclosedBuyer: 4 individuals
Seller: Goradia Marketing Pvt Ltd , Abhuti Investment and Trading Private Limited , Devounshi Investment and Trading Private Limited
Mar 2008Secondary share transferUndisclosedBuyer: 3 individuals
Seller: Gopras Finance and Holdings Private Limited , Himvan Finance & Holdings Private Limited, Himraj Finance and Holdings Private Limited

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Goradia Special Steels Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Goradia Special Steels Limited has a workforce of 33 employees on its EPFO records as of Apr 09, 2024, across 1 active EPFO establishment.

Employee count
33
Active EPFO establishments
1
Employee growth
22.22%

GST

Goradia Special Steels has 2 GST registrations: 2 active.

Total GSTINs
2
Active
2
GSTINStateStatusRegistered on
27AAACA4678H1ZKMaharashtraActive01 Jul 2017
27AAACA4678H1DTMaharashtraActive20 Nov 2024

To see the full GST registrations and return filing status of Goradia Special Steels Limited, buy the company report.

Recent activity

Goradia Special Steels Limited has 6 board changes on record since 1994: 3 appointments and 3 cessations. The latest: Trupti Pranay Goradia ceased to be Additional Director on 29 Sep 2024.

Charges
A charge registered on 19 Jul 2023 via Charge ID 100752586 with Others was fully satisfied on 23 Sep 2026.
Charges
A charge with Others amounted to Rs. 0.09 Cr with Charge ID 101330447 was registered on 17 Jun 2026.
Charges
A charge with Others amounted to Rs. 0.10 Cr with Charge ID 101330691 was registered on 17 Jun 2026.
Charges
A charge with Others amounted to Rs. 4.43 Cr with Charge ID 101301602 was registered on 02 Jun 2026.
Charges
A charge with Others amounted to Rs. 0.17 Cr with Charge ID 101175301 was registered on 09 Oct 2025.
Charges
A charge with Others amounted to Rs. 0.17 Cr with Charge ID 101175652 was registered on 09 Oct 2025.
AGM
Goradia Special Steels Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Goradia Special Steels Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai Ii.
Charges
A charge with Others of Rs. 48.00 Cr registered on 19 Jul 2023 with Charge ID 100752575 was modified on 21 Feb 2025.
Ceased
Trupti Pranay Goradia ceased to be Additional Director.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.28 Cr with Charge ID 100994442 was registered on 14 Aug 2024.
Appointed
Trupti Pranay Goradia was appointed as Director.

14 earlier events are in the company report.

Frequently asked questions

Goradia Special Steels is an active public limited company based in Raigad, Maharashtra, India. The company works in steel manufacturing and processing, within the metals and minerals industry. It was incorporated on 27 August 1992 (34+ years old) and is registered under CIN U24109MH1992PLC068326.

Goradia Special Steels has 3 current directors:

The latest financial statements of Goradia Special Steels 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 2015 are in the company report.

The GSTIN of Goradia Special Steels is 27AAACA4678H1ZK, registered in Maharashtra. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 27AAACA4678H1DT (Maharashtra).

The CIN (Corporate Identification Number) of Goradia Special Steels is U24109MH1992PLC068326. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Goradia Special Steels has 85 court cases on record: 35 filed by the company and 50 filed against it. 9 are pending. Most are in the high courts.

Goradia Special Steels was incorporated on 27 August 1992, making it 34+ years old. It is registered with the Registrar of Companies, Mumbai.

Goradia Special Steels has 2 deals on record (2 secondary share transfers); the latest was in March 2018.

The peers of Goradia Special Steels by revenue are A B Rolling Mills Private Limited, Mohan Iron and Steel (India) Private Limited, Kalindi Ispat Private Limited, MMG Re Rolling Mills Private Limited, Twenty First Century Wire Rods Limited, all in the Metals and Minerals industry (Steel), with the same principal business activity (metal and metal products).

Trupti Pranay Goradia ceased to be Additional Director on 29 Sep 2024. Trupti Pranay Goradia was appointed as Director on 27 Mar 2024. Ramesh Tukaram Shigwan ceased to be Additional Director on 30 Sep 2019. Goradia Special Steels has 6 board changes on record in total.

Yes, Goradia Special Steels is registered as a medium enterprise under Udyam registration (number: UDYAM-MH-27-0020453).