Himali Steels Limited
About Himali Steels Limited
Data last updated:
Himali Steels Limited is a public limited company based in Ahmedabad, Gujarat, India. It operates in the steel manufacturing and processing segment of the metals and mining sector. It was incorporated on 06 July 1995 and has been in existence for over 31 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U51909GJ1995PLC026625. Its GSTIN is 24AAACH3836L1ZK (Gujarat).
The company has an authorised share capital of ₹1.75 Cr and a paid-up capital of ₹1.72 Cr. It is led by directors including Rahul Vijaykumar Goradia and Himali Vijaykumar Goradia.
Its last annual general meeting (AGM) was held on 29 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office is at 402 – A Nirman House Opp: Havmore Restaurant Nr. Stadium Circule Navrangpura, Ahmedabad, Gujarat, India – 380009.
As per the financials filed for FY 2020, the company reported a revenue of ₹26,645, a decline of 100% compared to the previous year. For the same year it recorded EBITDA of ₹177 (EBITDA margin 0.7%). Revenue has declined at a compounded annual rate (CAGR) of 93% over three years and 80% over five years.
As per MCA filings, the company has satisfied charges of ₹3.65 Cr on record. Court records list 1 case involving the company, including 1 filed by the company.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Himali Steels Limited's registered office is in Ahmedabad, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address402 – A Nirman House Opp: Havmore Restaurant Nr. Stadium Circule Navrangpura, Ahmedabad, Gujarat, India – 380009
- IndustryMetals and Minerals, Steel Manufacturing & Processing
To see the full contact details of Himali Steels 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 Himali 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 |
To see the full business activity and turnover split of Himali Steels Limited, buy the company report.
Financials of Himali Steels Limited
FY 2020 filings availableHimali Steels Limited reported revenue of ₹26,645 (down 100% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 80% over five years. EBITDA fell 56% 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹26,645 | ||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
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| EBITDA | ₹177 | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | |||||
| Balance Sheet | |||||
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| Reserves and Surplus | |||||
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Financial Ratios
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 0.7% | ||||
| Net Profit Margin | |||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Receivable Days | |||||
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| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Himali Steels Limited, buy the company report.
Board of directors of Himali Steels Limited
Himali Steels has 5 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rahul Vijaykumar Goradia | Director | 20 Mar 2017 | 9 Years 7 Months | Current |
| Himali Vijaykumar Goradia | Director | 17 Jun 2020 | 6 Years 4 Months | Current |
| Shivam Dhimant Goradia Also directs: Agg Trade Private Limited, SDG Realtor Private Limited, Onedot Wellness Private Limited and 2 more | Director | 17 Jun 2020 | 6 Years 4 Months | Current |
| Dhimant Trambaklal Goradia Also directs: Agg Trade Private Limited, SDG Realtor Private Limited | Director | 06 Jul 1995 | 31 Years 4 Months | Current |
| Bankim Trambaklal Kansara | Additional Director | 06 Sep 2021 | 5 Years 2 Months | Current |
Auditor
Himali Steels Limited is audited by S MANDAWAT & CO for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S MANDAWAT & CO | FY 2019 | 118330W |
Shareholding
The shareholding of Himali Steels Limited is on record for 3 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Himali Steels Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 25 Aug 1999 | 90316118 | Gujarat State Financial Corporation | ₹2 Cr | Satisfied | |
| 02 Feb 1998 | 90312684 | Corporation Bank | ₹1.65 Cr | Satisfied |
To see the full charge records of Himali Steels Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Himali Steels Limited has 1 court case on record: 1 filed by Himali Steels. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, GUJARAT | Special civil application | Filed by the company against The State of Gujarat and 1 other | Disposed |
To see the full case history of Himali Steels 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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Himali Steels Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Himali Steels has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAACH3836L1ZK | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Himali Steels Limited, buy the company report.
Recent activity
Himali Steels Limited has 9 board changes on record since 1995: 5 appointments and 4 cessations. The latest: Bankim Trambaklal Kansara was appointed as Additional Director on 06 Sep 2021.
5 earlier events are in the company report.
Frequently asked questions
Himali Steels is an active public limited company based in Ahmedabad, Gujarat, India. The company works in steel manufacturing and processing, within the metals and minerals industry. It was incorporated on 06 July 1995 (31+ years old) and is registered under CIN U51909GJ1995PLC026625.
Himali Steels has 5 current directors:
- Rahul Vijaykumar Goradia - Director
- Himali Vijaykumar Goradia - Director
- Shivam Dhimant Goradia - Director
- Dhimant Trambaklal Goradia - Director
- Bankim Trambaklal Kansara - Additional Director
The latest financial statements of Himali Steels on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 29 December 2020. Year-wise statements from 2015 are in the company report.
The GSTIN of Himali Steels is 24AAACH3836L1ZK, registered in Gujarat.
The CIN (Corporate Identification Number) of Himali Steels is U51909GJ1995PLC026625. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Himali Steels has 1 court case on record: 1 filed by the company.
Himali Steels was incorporated on 06 July 1995, making it 31+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Bankim Trambaklal Kansara was appointed as Additional Director on 06 Sep 2021. Himali Vijaykumar Goradia ceased to be Additional Director on 29 Dec 2020. Shivam Dhimant Goradia ceased to be Additional Director on 29 Dec 2020. Himali Steels has 9 board changes on record in total.
The registered office of Himali Steels is at 402 – A Nirman House Opp: Havmore Restaurant Nr. Stadium Circule Navrangpura, Ahmedabad, Gujarat, India – 380009.
Himali Steels operates in the metals and minerals industry, in the steel manufacturing and processing segment.
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