About India Carbon Limited
Data last updated:
India Carbon Limited is a public limited company based in Guwahati, Assam, India. It operates in the other metals and minerals segment of the metals and mining sector. It was incorporated on 12 June 1961 and has been in existence for over 65 years.
The company is registered with the Registrar of Companies (ROC), Guwahati, under CIN L23101AS1961PLC001173. Its GSTIN is 19AAACI6148L1Z7 (West Bengal). The company holds 2 GST registrations, all of them active. It is a listed company.
The company has an authorised share capital of ₹10 Cr and a paid-up capital of ₹2.65 Cr. It is led by directors including Shaurya Veer Himatsingka (Managing Director) and Rakesh Himatsingka (Managing Director).
Its last annual general meeting (AGM) was held on 18 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Noonmati, Guwahati, Assam, India – 781020.
As per the financials filed for FY 2025, the company reported a revenue of ₹190.88 Cr, a decline of 58% compared to the previous year. For the same year it recorded a net loss of ₹12.74 Cr (net margin -6.7%) and EBITDA of -₹6.86 Cr (EBITDA margin -3.6%). Revenue has declined at a compounded annual rate (CAGR) of 26% over three years and 2% over five years.
The company has about 244 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: India Carbon Limited. As per MCA filings, the company has open charges of ₹522.6 Cr and satisfied charges of ₹109.59 Cr on record. Court records list 132 cases involving the company, including 82 filed by the company and 42 filed against it; 21 cases are pending. The company has 2 deals on record (2 acquisitions); the latest was in October 2006. Its 10 peer companies in the Metals and Minerals industry (Other Minerals) are compared by revenue, 5 larger and 5 smaller; the largest is Radiant Coal Benefication Private Limited with revenue of ₹198.9 Cr. The company has 12 MSME Form 1 returns on record between 2019 and 2024, listing 197 overdue payments to 29 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website indiacarbonltd.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressNoonmati, Guwahati, Assam, India – 781020
- IndustryMetals and Minerals, Other Metals & Minerals
- 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
- One PDF report, delivered after checkout
Business Activity of India Carbon Limited
The main business activity of India Carbon is manufacturing. In detail, this covers coke and refined petroleum products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C5 | Coke and refined petroleum products | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of India Carbon Limited FY 2025 filings available
India Carbon Limited reported revenue of ₹190.88 Cr (down 58% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of India Carbon Limited
Revenue has declined at a compounded annual rate (CAGR) of 2% over five years, including a 58% fall in the latest year. EBITDA fell 121% 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 of India Carbon Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | -₹6.86 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹12.74 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 of India Carbon Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -3.6% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -6.7% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of India Carbon are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of India Carbon Limited
India Carbon Limited is compared with the companies closest to it by revenue in the Metals and Minerals industry (Other Minerals). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Radiant Coal Benefication Private Limited | ₹198.9 Cr (FY 2025) | •••• | •••• | 13.0% | •••• | Bilaspur, Chhattisgarh, India |
| Sonic Thermal Private Limited | ₹198.6 Cr (FY 2024) | •••• | •••• | -35.0% | •••• | Circus Avenue, West Bengal, India |
| Myra Alucop Private Limited | ₹193.92 Cr (FY 2025) | •••• | •••• | 22.0% | •••• | Mehsana, Gujarat, India |
| Amcol Minerals and Materials (India) Private Limited | ₹192.83 Cr (FY 2025) | •••• | •••• | 9.0% | •••• | Thane, Maharashtra, India |
| Saturn Ferro Alloys Pvt Ltd | ₹191.59 Cr (FY 2025) | •••• | •••• | -1.0% | •••• | Raipur, Chhattisgarh, India |
| India Carbon Limited this company | ₹190.88 Cr (FY 2025) | •••• | •••• | -58.0% | •••• | Guwahati, Assam, India |
| Aadishakti Green Recycling Private Limited | ₹190.64 Cr (FY 2025) | •••• | •••• | 106.0% | •••• | New Delhi, Delhi, India |
| Buildon Plasters Private Limited | ₹189.38 Cr (FY 2025) | •••• | •••• | 35.0% | •••• | Mumbai, Maharashtra, India |
| Mini Iron and Steel Private Limited | ₹184.4 Cr (FY 2025) | •••• | •••• | -8.0% | •••• | Nagpur, Maharashtra, India |
| Padmavati Ferrous Limited | ₹179.29 Cr (FY 2025) | •••• | •••• | -3.0% | •••• | Bellary, Karnataka, India |
| Metkore Alloys & Industries Limited | ₹177.9 Cr (FY 2023) | •••• | •••• | 461.0% | •••• | Hyderabad, Telangana, India |
Peers are the five companies nearest above and the five nearest below India Carbon by revenue in the Metals and Minerals industry (Other Minerals), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of India Carbon Limited
India Carbon Limited is audited by S. SAMANTA & CO for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| S. SAMANTA & CO | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of India Carbon Limited
India Carbon has 10 current directors and 32 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Gordon Kenneth Mcintosh | Director | 29 Jun 2007 | 19 Years 3 Months | Current |
| Shaurya Veer Himatsingka Also directs: Shree Shyam Orchid Estates LLP, Goneril Investment & Trading Co Ltd, Nilgiri Niketan Private Limited and 4 more | Managing Director | 01 Feb 2007 | 19 Years 8 Months | Current |
| Rakesh Himatsingka Also directs: Shree Shyam Orchid Estates LLP, Assam Carbon Products Ltd, Goneril Investment & Trading Co Ltd and 5 more | Managing Director | 01 Apr 2011 | 15 Years 6 Months | Current |
| Tony William Grimes | Director | 11 Nov 2016 | 9 Years 11 Months | Current |
| Alvaro Martinez Emilio | Alternate Director | 13 Feb 2019 | 7 Years 7 Months | Current |
| Srinivas Vedala | Alternate Director | 03 Nov 2025 | 0 Years 11 Months | Current |
Ownership and Shareholding of India Carbon Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of India Carbon Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 17 Feb 2026 | Hdfc Bank Limited | ₹30 Cr | Open |
| 03 Feb 2023 | Hdfc Bank Limited | ₹60 Cr | Open |
| 21 Mar 2022 | Axis Bank Limited | ₹50 Cr | Open |
| 16 Mar 2022 | Others | ₹75 Cr | Open |
| 25 Feb 2022 | Axis Bank Limited | ₹61 Cr | Open |
Total charge records: 17 View all charges
Deals & Funding of India Carbon Limited
India Carbon Limited has 2 deals on record (2 acquisitions); the latest was in October 2006.
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Oct 2006 | Acquisition | ₹99.9 Lakh | Buyer: Antriksh Vyapaar Ltd. |
| Oct 1973 | Acquisition | Undisclosed | Buyer: Amines and Plasticizers Limited |
Full deal history
All 2 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of India Carbon Limited
India Carbon Limited has 132 court cases on record: 82 filed by India Carbon, 42 filed against it, 8 where it is another party. 21 cases are pending and 111 are disposed. Status as checked between 21 Sep 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 107 | 35 | 12 |
| District courts | 25 | 7 | 9 |
Cases on record (5 of 132)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Gauhati High Court | Appeal | Filed against the company by Indian Oil Corporation Limited | Pending |
| Calcutta High Court | Court case (CRR) | Filed against the company by Sri Vasavi Industries Limited | Pending |
| District court, Calcutta, West Bengal | Civil suit | Filed by the company against Sri Vasavi Industries Limited | Pending |
| Calcutta High Court | Company petition | Filed against the company by Vikash Metal & Power Limited | Pending |
| District court, Calcutta, West Bengal | Civil suit | Filed by the company against MM Carbon Products Private Limited | Pending |
Full case history
All 132 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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 by India Carbon Limited
India Carbon Limited has 12 MSME Form 1 returns on record between 2019 and 2024, listing 197 overdue payments to 29 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 29)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Friends Engineering Works | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| Choudhary Hydro Carbon Private Limited | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| Smartpower Automation Private Limited | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 12 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Associated Brands with India Carbon Limited
India Carbon operates one associated brand: India Carbon Limited. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Carbon products are manufactured for aluminum and steel industries. | indiacarbonltd.com |
Employees and EPFO Compliance at India Carbon Limited
India Carbon Limited has a workforce of 244 employees as of Apr 06, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
CIN History of India Carbon Limited
India Carbon has one previous CIN (Corporate Identification Number): U23101AS1961PTC001173. The current CIN is L23101AS1961PLC001173, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L23101AS1961PLC001173 | Current |
| U23101AS1961PTC001173 | Previous |
Recent Activity on India Carbon Limited
India Carbon Limited has 69 board changes on record since 1992: 40 appointments and 29 cessations. The latest: Arijita Dutta was appointed as Additional Director on 18 May 2026.
95 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for India Carbon Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of India Carbon Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of India Carbon Limited
India Carbon has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AAACI6148L1Z7 | West Bengal | Active | 01 Jul 2017 |
| 07AAACI6148L1ZC | Delhi | Active | 21 Feb 2020 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of India Carbon Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about India Carbon Limited
India Carbon is an active public limited company based in Guwahati, Assam, India. The company works in other metals and minerals, within the metals and minerals industry. It was incorporated on 12 June 1961 (65+ years old) and is registered under CIN L23101AS1961PLC001173.
India Carbon reported revenue of ₹190.88 Cr for FY 2025 (down 58% YoY).
India Carbon has 10 current directors:
- Shaurya Veer Himatsingka - Managing Director
- Rakesh Himatsingka - Managing Director
- Gordon Kenneth Mcintosh - Director
- Tony William Grimes - Director
- Alvaro Martinez Emilio - Alternate Director
- Srinivas Vedala - Alternate Director
- Avinash Kumar Gupta - Additional Director
- Anuradha Lohia - Director
- Santanu Mitra - Director
- Arijita Dutta - Additional Director
India Carbon reported a net loss of ₹12.74 Cr (net margin -6.7%) and EBITDA of -₹6.86 Cr (EBITDA margin -3.6%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of India Carbon is -26% over three years and -2% over five years. In the latest year (FY 2025) revenue fell 58%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of India Carbon is 19AAACI6148L1Z7, registered in West Bengal. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 07AAACI6148L1ZC (Delhi).
The CIN (Corporate Identification Number) of India Carbon is L23101AS1961PLC001173. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes, India Carbon is a listed company.
India Carbon has 132 court cases on record: 82 filed by the company and 42 filed against it. 21 are pending. Most are in the high courts.
India Carbon was incorporated on 12 June 1961, making it 65+ years old. It is registered with the Registrar of Companies, Guwahati.
India Carbon has 2 deals on record (2 acquisitions); the latest was in October 2006.
The peers of India Carbon by revenue are Radiant Coal Benefication Private Limited, Sonic Thermal Private Limited, Myra Alucop Private Limited, Amcol Minerals and Materials (India) Private Limited, Saturn Ferro Alloys Pvt Ltd and 5 more, all in the Metals and Minerals industry (Other Minerals).