About Impact Metals Ltd
Data last updated:
Impact Metals Ltd is a public limited company based in Bollaram, Telangana, India. The company is currently undergoing Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency professional. It operates in the metal foundry and fabrication services segment of the engineering sector. It was incorporated on 19 June 1979.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U21011TG1979PLC002475. Its GSTIN is 36AAACI4546A1Z0 (Telangana). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹4 Cr and a paid-up capital of ₹1.5 Cr. It was formerly known as Paradise Fruit Canning Private Limited. It is led by directors including Ramachandram Gorrepati (Managing Director) and Gorrepati Venkat Rao (Whole-Time Director).
Its last annual general meeting (AGM) was held on 31 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office is at Sy No: 296/7/4 Ida Bollaram Jinnaram Mandal, Telangana, India – 502325.
As per the financials filed for FY 2020, the company reported a revenue of ₹8.8 Cr, a decline of 14% compared to the previous year. For the same year it recorded a net profit of ₹31.53 Lakh (net margin 3.6%) and EBITDA of ₹2.07 Cr (EBITDA margin 23.5%). Revenue has grown at a compounded annual rate (CAGR) of 9% over three years and 55% over five years.
The company has about 57 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Impact Metals Ltd. As per MCA filings, the company has open charges of ₹50 Lakh and satisfied charges of ₹42.23 Cr on record. Court records list 56 cases involving the company, including 20 filed by the company and 37 filed against it; 4 cases are pending.
The last known website on record is impact1976.com.
Company details
CIN history
Impact Metals has one previous CIN (Corporate Identification Number): U21011AP1979PLC002475. The current CIN is U21011TG1979PLC002475, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U21011TG1979PLC002475 | Current |
| U21011AP1979PLC002475 | Previous |
Contact details
Impact Metals Ltd's registered office is in Bollaram, Telangana. Its website is impact1976.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressSy No: 296/7/4 Ida Bollaram Jinnaram Mandal, Telangana, India – 502325
- IndustryEngineering, Metal Foundry & Fabrication Services
To see the full contact details of Impact Metals Ltd, 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
Impact Metals operates one associated brand: IMPACT METALS LTD. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Metal forging and aluminium products manufacturing in India. | impact1976.com |
Business activity
The main business activity of Impact Metals 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 Impact Metals Ltd, buy the company report.
Financials of Impact Metals Ltd
FY 2020 filings availableImpact Metals Ltd reported revenue of ₹8.8 Cr (down 14% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue fell 14% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 55%. EBITDA rose 8% 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 | |||||
| Other Income | |||||
| Total Revenue | ₹8.8 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹2.07 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹31.53 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 23.5% | ||||
| Net Profit Margin | 3.6% | ||||
| 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 Impact Metals Ltd, buy the company report.
Board of directors of Impact Metals Ltd
Impact Metals has 4 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ramana Reddy Malireddy | Irp/Rp/Liquidator | 10 Jul 2023 | 3 Years 3 Months | As last reported |
| Ramachandram Gorrepati Also directs: Golden Aqua Farms and Exporters Private Limited, Cold Forge Pvt Ltd, Impact Metal Parts Pvt Ltd and 2 more | Managing Director | 19 Jun 1979 | 47 Years 4 Months | As last reported |
| Bhogavalli Trinadha Rao Also directs: Impact Metal Parts Pvt Ltd, Konaseema Finance Private Limited | Director | 02 Nov 1994 | 31 Years 11 Months | As last reported |
| Gorrepati Venkat Rao Also directs: Golden Aqua Farms and Exporters Private Limited, Cold Forge Pvt Ltd, Impact Metal Parts Pvt Ltd and 2 more | Whole-Time Director | 02 Nov 1994 | 31 Years 11 Months | As last reported |
Peer comparison
Impact Metals Ltd is compared with the 4 companies closest to it by revenue in the Engineering industry (Bottles and Caps, Foundry and Fabrication, Metals), 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 |
|---|---|---|---|---|---|---|
| Salem Automech India Private Limited | ₹10.32 Cr (FY 2025) | 104.0% | Salem, Tamil Nadu, India | |||
| Rishi Engineering Company Private Limited | ₹10.28 Cr (FY 2025) | 17.0% | Pune, Maharashtra, India | |||
| Packam Controls Private Limited | ₹10.27 Cr (FY 2025) | -2.0% | Mumbai, Maharashtra, India | |||
| Samyak Agencies Private Limited | ₹10.23 Cr (FY 2025) | 44.0% | Delhi, India | |||
| Impact Metals Ltdthis company | ₹8.8 Cr (FY 2020) | ₹31.53 Lakh | 3.6% | -14.0% | Bollaram, Telangana, India |
To see the full peer comparison of Impact Metals Ltd, buy the company report.
Auditor
Impact Metals Ltd is audited by SURYANARAYANAMURTHY & CO for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SURYANARAYANAMURTHY & CO | FY 2020 | 004301S |
Shareholding
The shareholding of Impact Metals Ltd is on record for 5 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2019 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Impact Metals Ltd, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 15 Sep 2017 | 100143834 | Others | ₹50 Lakh | Open | |
| 28 May 2009 | 10164388 | State Bank of India | ₹12.5 Cr | Satisfied | |
| 24 Dec 2008 | 10137812 | Hdfc Bank Limited | ₹11.23 Cr | Satisfied | |
| 29 Aug 2008 | 10119147 | Sbi Global Factors Limited | ₹3.43 Cr | Satisfied | |
| 20 Aug 2007 | 10063132 | Sbi Factors and Commercial Services Private Limited | ₹3.15 Cr | Satisfied |
To see the full charge records of Impact Metals Ltd, buy the company report.
Total charge records: 7 View all charges
Legal cases
Impact Metals Ltd has 56 court cases on record: 20 filed by Impact Metals, 37 filed against it. 4 cases are pending and 52 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 31 | 30 | 1 |
| High courts | 21 | 3 | 3 |
| Supreme Court | 2 | 2 | 0 |
| NCLT | 1 | 1 | 0 |
| NCLAT | 1 | 1 | 0 |
Cases on record (5 of 56)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, TELANGANA | Court case (COMCA) | Filed against the company by M/S. Shriram Finance Limited, | Pending |
| District court, Pune, Maharashtra | Civil suit | Filed against the company by Western Metal Industries Pvt Ltd Through Mayur N.Bannatwala | Pending |
| District court, Hyderabad CCC, Telangana | Civil suit | Filed against the company by M/S Raine Aluminium Pvt. Ltd. | Disposed |
| High Court, TELANGANA | Court case (COMCA) | Filed against the company by M/S. Shriram City Union Finance Limited | Disposed |
| District court, Pune, Maharashtra | Civil suit | Filed against the company by M/S Western Metal Industries Pvt Ltd Through Jitendra G. Shah | Disposed |
To see the full case history of Impact Metals 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 Impact Metals Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Impact Metals has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AAACI4546A1Z0 | Telangana | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Impact Metals Ltd, buy the company report.
Recent activity
Impact Metals Ltd has 7 board changes on record since 1979: 4 appointments and 3 cessations. The latest: Ramana Reddy Malireddy was appointed as Irp/Rp/Liquidator on 10 Jul 2023.
14 earlier events are in the company report.
Frequently asked questions
Impact Metals is undergoing "Corporate Insolvency Resolution Process" (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency resolution professional. The company may not be able to independently enter into new commitments during this period. This is a high-risk status - verify the resolution status before any engagement.
Impact Metals is a company under insolvency, formerly operating as a public limited company based in Bollaram, Telangana, India. The company works in metal foundry and fabrication services, within the engineering industry. It was incorporated on 19 June 1979 and is registered under CIN U21011TG1979PLC002475. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Impact Metals has 4 current directors:
- Ramachandram Gorrepati - Managing Director
- Gorrepati Venkat Rao - Whole-Time Director
- Bhogavalli Trinadha Rao - Director
- Ramana Reddy Malireddy - Irp/Rp/Liquidator
The latest financial statements of Impact Metals on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 31 December 2020. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Impact Metals is U21011TG1979PLC002475. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Impact Metals has open charges of ₹50 Lakh and satisfied charges of ₹42.23 Cr as per latest MCA filings.
Impact Metals has 56 court cases on record: 20 filed by the company and 37 filed against it. 4 are pending. Most are in the district courts.
Impact Metals was incorporated on 19 June 1979. It is registered with the Registrar of Companies, Hyderabad.
The peers of Impact Metals by revenue are Salem Automech India Private Limited, Rishi Engineering Company Private Limited, Packam Controls Private Limited, Samyak Agencies Private Limited, all in the Engineering industry (Bottles and Caps, Foundry and Fabrication, Metals), with the same principal business activity (metal and metal products).
Ramana Reddy Malireddy was appointed as Irp/Rp/Liquidator on 10 Jul 2023. Balachander Gorripati ceased to be Director on 01 Mar 2012. Bogavalli Seeta Ramanjaneyulu ceased to be Director on 01 Aug 2007. Impact Metals has 7 board changes on record in total.
Impact Metals can be reached through the website impact1976.com. Its registered office is in Bollaram, Telangana, India.