About Goyal Ispat Private Limited
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Goyal Ispat Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the steel manufacturing and processing segment of the metals and mining sector. It was incorporated on 26 September 1990 and has been in existence for over 36 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U27104TN1990PTC019711. Its GSTIN is 33AAACG2191B1Z9 (Tamil Nadu).
The company has an authorised share capital of ₹7.75 Cr and a paid-up capital of ₹6.73 Cr. It was formerly known as Goyal Ispat Limited. It is led by directors Priyavand Kothari and Sardarmal Kothari.
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 No.664 Tiruvottiyur High Road Tondiarpet, Chennai, Tamil Nadu, India – 600081.
As per the financials filed for FY 2023, the company reported a revenue of ₹93.2 Cr, a growth of 97% compared to the previous year. For the same year it recorded a net loss of ₹7.75 Cr (net margin -8.3%) and EBITDA of -₹6.65 Cr (EBITDA margin -7.1%). Revenue has declined at a compounded annual rate (CAGR) of 11% over three years.
As per MCA filings, the company has open charges of ₹17.5 Cr and satisfied charges of ₹20.8 Cr on record. Court records list 59 cases involving the company, including 45 filed by the company and 14 filed against it; 2 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website kamachigroup.com.
Company details
CIN history
Goyal Ispat has one previous CIN (Corporate Identification Number): U27104TN1990PLC019711. The current CIN is U27104TN1990PTC019711, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U27104TN1990PTC019711 | Current |
| U27104TN1990PLC019711 | Previous |
Contact details
Goyal Ispat Private Limited's registered office is in Chennai, Tamil Nadu. Its website is kamachigroup.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressNo.664 Tiruvottiyur High Road Tondiarpet, Chennai, Tamil Nadu, India – 600081
- IndustryMetals and Minerals, Steel Manufacturing & Processing
To see the full contact details of Goyal Ispat 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 Goyal Ispat 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 Goyal Ispat Private Limited, buy the company report.
Financials of Goyal Ispat Private Limited
FY 2023 filings availableGoyal Ispat Private Limited reported revenue of ₹93.2 Cr (up 97% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue rose 97% in the latest year, though over three years it has declined at a compounded annual rate (CAGR) of 11%. EBITDA fell 110% 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 | ₹93.2 Cr | ||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹6.65 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹7.75 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
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| Inventories | |||||
| Trade Receivables | |||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -7.1% | ||||
| Net Profit Margin | -8.3% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
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| Efficiency and Growth | |||||
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| Receivable Days | |||||
| Payable Days | |||||
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| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Goyal Ispat Private Limited, buy the company report.
Board of directors of Goyal Ispat Private Limited
Goyal Ispat has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Priyavand Kothari Also directs: Shivpriya Finvest Ltd | Director | 25 Jan 2020 | 6 Years 9 Months | Current |
| Sardarmal Kothari Also directs: Maa Durga Enterprises Limited, Kamachi Green Energy Limited, Solanki Texcom Pvt.Ltd. and 4 more | Director | 01 Oct 2004 | 22 Years 1 Months | Current |
Peer comparison
Goyal Ispat Private 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.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Vasudha Alloys Private Limited | ₹93.5 Cr (FY 2025) | -32.0% | Jalna, Maharashtra, India | |||
| Goyal Ispat Private Limitedthis company | ₹93.2 Cr (FY 2023) | -₹7.75 Cr | -8.3% | 97.0% | Chennai, Tamil Nadu, India | |
| Venkateshwar Ispat Private Limited | ₹92.94 Cr (FY 2025) | -15.0% | Raipur, Chhattisgarh, India | |||
| Sree Rayalseema Green Steloy Private Limited | ₹92.9 Cr (FY 2024) | -9.0% | Hyderabad, Telangana, India | |||
| Metcraft Alloys Private Limited | ₹92.82 Cr (FY 2015) | 22.0% | Mumbai, Maharashtra, India | |||
| Sindia Steels Limited | ₹92.71 Cr (FY 2025) | 5.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Goyal Ispat Private Limited, buy the company report.
Auditor
Goyal Ispat Private Limited is audited by N.D. Rajagopal & Co for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| N.D. Rajagopal & Co | FY 2023 | 05104S |
Shareholding
The shareholding of Goyal Ispat 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 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Goyal Ispat Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Sep 2002 | 90284149 | Others | ₹17.5 Cr | Satisfied | |
| 22 Oct 1994 | 90283578 | The Bank of Rajasthan Ltd | ₹1.75 Cr | Satisfied | |
| 25 Oct 1993 | 90283514 | The Bank of Rajasthan Ltd. | ₹2.58 Lakh | Satisfied | |
| 11 Jun 1993 | 90283495 | The Bank of Rajasthan Ltd | ₹75 Lakh | Satisfied | |
| 26 Apr 1993 | 90283489 | The Bank of Rajasthan Ltd. | ₹3.87 Lakh | Satisfied |
To see the full charge records of Goyal Ispat Private Limited, buy the company report.
Total charge records: 10 View all charges
Legal cases
Goyal Ispat Private Limited has 59 court cases on record: 45 filed by Goyal Ispat, 14 filed against it. 2 cases are pending and 57 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 49 | 7 | 1 |
| District courts | 8 | 7 | 1 |
| Supreme Court | 2 | 0 | 0 |
Cases on record (5 of 59)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, kachchh at Bhuj, Gujarat | Criminal complaint | Filed against the company by Taurus Shipping Pvt Ltd Through Chetan Taank S/O Vijaybhai Taank | Pending |
| High Court | Appeal | Filed against the company by Kamachi Steels Private Limited M/S.Sudhir Ravindran, ,D.Ganesh Raj,P.Mano Rajan,Lakshminarayanan and 2 others | Disposed |
| District court, kachchh at Bhuj, Gujarat | Court case (CR EN) | Filed against the company by Taurus Shipping Pvt Ltd Through Chetan Taank S/O Vijaybhai Taank | Disposed |
| District court, kachchh at Bhuj, Gujarat | Criminal miscellaneous application | Filed against the company by Taurus Shipping Pvt Ltd Through Chetan Taank S/O Vijaybhai Taank | Disposed |
| High Court, TAMIL NADU | Court case (WPMP) | Filed against the company by individuals | Pending |
To see the full case history of Goyal Ispat 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.
Credit ratings & regulatory alerts
Goyal Ispat Private Limited was last rated by Crisil on 07 Sep 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 07 Sep 2020 |
To see the full credit ratings and regulatory alerts of Goyal Ispat Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Goyal Ispat Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Goyal Ispat has 1 associated company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
GST
Goyal Ispat has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAACG2191B1Z9 | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Goyal Ispat Private Limited, buy the company report.
Recent activity
Goyal Ispat Private Limited has 6 board changes on record since 2004: 2 appointments and 4 cessations. The latest: Priyavand Kothari ceased to be Additional Director on 26 Sep 2020.
20 earlier events are in the company report.
Frequently asked questions
Goyal Ispat is an active private limited company based in Chennai, Tamil Nadu, India. The company works in steel manufacturing and processing, within the metals and minerals industry. It was incorporated on 26 September 1990 (36+ years old) and is registered under CIN U27104TN1990PTC019711.
Goyal Ispat has 2 current directors:
- Priyavand Kothari - Director
- Sardarmal Kothari - Director
The latest financial statements of Goyal Ispat 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 Goyal Ispat is 33AAACG2191B1Z9, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Goyal Ispat is U27104TN1990PTC019711. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Goyal Ispat has 59 court cases on record: 45 filed by the company and 14 filed against it. 2 are pending. Most are in the high courts.
Goyal Ispat was incorporated on 26 September 1990, making it 36+ years old. It is registered with the Registrar of Companies, Chennai.
The peers of Goyal Ispat by revenue are Vasudha Alloys Private Limited, Venkateshwar Ispat Private Limited, Sree Rayalseema Green Steloy Private Limited, Metcraft Alloys Private Limited, Sindia Steels Limited, all in the Metals and Minerals industry (Steel), with the same principal business activity (metal and metal products).
Priyavand Kothari ceased to be Additional Director on 26 Sep 2020. Ghisulal Kothari ceased to be Director on 31 Jan 2020. Vinod Kothari ceased to be Director on 31 Jan 2020. Goyal Ispat has 6 board changes on record in total.
Goyal Ispat can be reached through the website kamachigroup.com. Its registered office is in Chennai, Tamil Nadu, India.
The registered office of Goyal Ispat is at No.664 Tiruvottiyur High Road Tondiarpet, Chennai, Tamil Nadu, India – 600081.
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