About Inducto Steel Limited
Data last updated:
Inducto Steel Limited is a public limited company based in Mumbai, Maharashtra, India. It operates in the metals retail and distribution segment of the metals and mining sector. It was incorporated on 29 November 1988 and has been in existence for over 38 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN L27100MH1988PLC194523. Its GSTIN is 27AAACI1045E2Z2 (Maharashtra). The company holds 5 GST registrations, of which 2 are active. It is a listed company as per MCA records. Its shares are listed on BSE: 532001.
The company has an authorised share capital of ₹5.5 Cr and a paid-up capital of ₹4.02 Cr. It was formerly known as Inducto Steels Limited. It is led by directors including Rajeev Shantisarup Reniwal (Managing Director) and Sweety Rajeev Reniwal.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at 156 Maker Chambers VI 220 Jamnalal Bajaj Marg Nariman Point, Mumbai, Maharashtra, India – 400021.
As per the latest consolidated financials for FY 2025-26, the company reported a revenue of ₹165.71 Cr, a growth of 4.5% compared to the previous year. For the same year it recorded a net profit of ₹53 Lakh (net margin 0.3%) and EBITDA of ₹3.02 Cr (EBITDA margin 1.8%). The net worth stands at ₹40.04 Cr (up 1.4% YoY). Total assets are valued at ₹49.48 Cr (down 11.5% YoY).
The company has about 114 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹100.17 Cr and satisfied charges of ₹196.65 Cr on record. Court records list 2 cases involving the company, including 1 filed by the company and 1 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website hariyanagroup.com.
Company details
CIN history
Inducto Steel has one previous CIN (Corporate Identification Number): L27100GJ1988PLC011568. The current CIN is L27100MH1988PLC194523, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L27100MH1988PLC194523 | Current |
| L27100GJ1988PLC011568 | Previous |
Contact details
Inducto Steel Limited's registered office is in Mumbai, Maharashtra. Its website is hariyanagroup.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address156 Maker Chambers VI 220 Jamnalal Bajaj Marg Nariman Point, Mumbai, Maharashtra, India – 400021
- IndustryMetals and Minerals, Metal Retail & Distribution
To see the full contact details of Inducto Steel 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 activities of Inducto Steel are manufacturing and trade. In detail, this covers metal and metal products and wholesale trading. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products | |
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Inducto Steel Limited, buy the company report.
Financials of Inducto Steel Limited
FY 2025-26 filings availableInducto Steel Limited reported revenue of ₹165.71 Cr (up 4.5% YoY) for FY 2025-26.
Financial Highlights
FY 2025-26 · ConsolidatedRevenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 166 | 159 | 104 | 90.01 | 57.46 | 2.93 | 45.57 |
| Revenue growth | +4.5% | +52.4% | +15.6% | +56.7% | +1861.1% | -93.6% | - |
| EBITDA | 3.02 | (2.55) | 2.33 | 1.58 | 2.84 | (1.07) | (1.34) |
| EBITDA margin | +1.8% | -1.6% | +2.2% | +1.8% | +4.9% | -36.5% | -2.9% |
| Profit before tax | 0.71 | (4.68) | 0.26 | 0.99 | 2.56 | (1.37) | 0.22 |
| Net profit | 0.53 | (3.72) | 0.17 | 0.56 | 2.23 | (1.37) | 0.16 |
| Net profit margin | +0.3% | -2.4% | +0.2% | +0.6% | +3.9% | -46.8% | +0.4% |
| EPS (₹) | 1.34 | (9.26) | 0.40 | 1.44 | 5.62 | (3.46) | 0.43 |
| Balance sheet | |||||||
| Total assets | 49.48 | 55.94 | 46.74 | 58.74 | 47.48 | 44.77 | 41.59 |
| Net worth | 40.04 | 39.50 | 43.21 | 43.05 | 42.47 | 40.20 | 41.59 |
| Total debt | 9.38 | 16.41 | 3.48 | 15.68 | 5.00 | 4.55 | 0.00 |
| Cash & bank | 21.22 | 0.31 | 0.37 | 6.26 | 15.61 | 0.18 | 0.21 |
| Net working capital | 20.37 | 26.37 | 16.98 | 18.57 | 19.91 | 0.77 | 2.15 |
| Cash flow | |||||||
| Cash from operations | 29.02 | (11.87) | (1.09) | (6.50) | (1.31) | 0.99 | 4.02 |
| Cash from investing | 1.32 | 1.06 | 10.95 | (12.65) | 16.60 | (5.35) | (4.04) |
| Cash from financing | (9.43) | 10.76 | (15.74) | 14.80 | (4.81) | 4.28 | (0.08) |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 79.38 | 64.84 | 33.29 | 21.72 | 45.85 | 40.19 | 33.59 | 46.15 |
| Revenue growth (YoY) | +73.1% | +61.3% | -0.9% | -52.9% | +18.6% | - | - | - |
| Other income | 0.38 | 0.15 | 0.10 | 0.18 | 0.03 | (0.18) | 0.26 | 0.03 |
| EBITDA | 5.68 | 2.67 | 0.61 | (0.83) | 0.56 | 0.96 | (0.06) | (3.08) |
| EBITDA margin | +7.2% | +4.1% | +1.8% | -3.8% | +1.2% | +2.4% | -0.2% | -6.7% |
| Depreciation | 0.09 | 0.09 | 0.09 | 0.09 | 0.09 | 0.09 | 0.10 | 0.08 |
| Interest | 4.24 | 0.66 | 0.62 | 0.29 | 0.83 | 0.32 | 0.89 | 0.19 |
| Profit before tax | 1.73 | 2.07 | 0.00 | (1.03) | (0.33) | 0.37 | (0.79) | (3.32) |
| Tax | 0.44 | 0.69 | (0.14) | (0.28) | (0.08) | 0.31 | (0.20) | (1.06) |
| Net profit | 1.29 | 1.38 | 0.14 | (0.75) | (0.25) | 0.06 | (0.59) | (2.26) |
| EPS (₹) | 3.20 | 3.45 | 0.36 | (1.86) | (0.62) | 0.14 | (1.47) | (5.64) |
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 166 | 159 | 104 | 90.01 | 57.46 | 2.93 | 45.57 |
| Revenue growth | +4.5% | +52.4% | +15.6% | +56.7% | +1861.1% | -93.6% | - |
| EBITDA | 3.02 | (2.55) | 2.33 | 1.58 | 2.84 | (1.07) | (1.34) |
| EBITDA margin | +1.8% | -1.6% | +2.2% | +1.8% | +4.9% | -36.5% | -2.9% |
| Profit before tax | 0.71 | (4.68) | 0.26 | 0.99 | 2.56 | (1.37) | 0.22 |
| Net profit | 0.53 | (3.72) | 0.17 | 0.56 | 2.23 | (1.37) | 0.16 |
| Net profit margin | +0.3% | -2.4% | +0.2% | +0.6% | +3.9% | -46.8% | +0.4% |
| EPS (₹) | 1.34 | (9.26) | 0.40 | 1.44 | 5.62 | (3.46) | 0.43 |
| Balance sheet | |||||||
| Total assets | 49.48 | 55.94 | 46.74 | 58.74 | 47.48 | 44.77 | 41.59 |
| Net worth | 40.04 | 39.50 | 43.21 | 43.05 | 42.47 | 40.20 | 41.59 |
| Total debt | 9.38 | 16.41 | 3.48 | 15.68 | 5.00 | 4.55 | 0.00 |
| Cash & bank | 21.22 | 0.31 | 0.37 | 6.26 | 15.61 | 0.18 | 0.21 |
| Net working capital | 20.37 | 26.37 | 16.98 | 18.57 | 19.91 | 0.77 | 2.15 |
| Cash flow | |||||||
| Cash from operations | 29.02 | (11.87) | (1.09) | (6.50) | (1.28) | 1.71 | 4.02 |
| Cash from investing | 1.32 | 1.06 | 10.95 | (12.65) | 16.57 | (6.07) | (4.04) |
| Cash from financing | (9.43) | 10.76 | (15.74) | 14.80 | (4.81) | 4.28 | (0.08) |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 79.38 | 64.84 | 33.29 | 21.72 | 45.85 | 40.19 | 33.59 | 46.15 |
| Revenue growth (YoY) | +73.1% | +61.3% | -0.9% | -52.9% | +18.6% | - | - | - |
| Other income | 0.38 | 0.15 | 0.10 | 0.17 | 0.03 | (0.18) | 0.26 | 0.03 |
| Total expenses | 73.70 | 62.17 | 32.68 | 22.55 | 45.29 | 39.23 | 33.65 | 49.23 |
| EBITDA | 5.68 | 2.67 | 0.61 | (0.83) | 0.56 | 0.96 | (0.06) | (3.08) |
| EBITDA margin | +7.2% | +4.1% | +1.8% | -3.8% | +1.2% | +2.4% | -0.2% | -6.7% |
| Depreciation | 0.09 | 0.09 | 0.09 | 0.09 | 0.09 | 0.09 | 0.10 | 0.08 |
| Interest | 4.24 | 0.66 | 0.62 | 0.29 | 0.83 | 0.32 | 0.89 | 0.19 |
| Profit before tax | 1.73 | 2.07 | 0.00 | (1.04) | (0.33) | 0.37 | (0.79) | (3.32) |
| Tax | 0.44 | 0.69 | (0.14) | (0.28) | (0.08) | 0.31 | (0.20) | (1.06) |
Financial Statements
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 79.38 | 64.84 | 33.29 | 21.72 | 45.85 | 40.19 | 33.59 | 46.15 |
| Revenue growth (YoY) | +73.1% | +61.3% | -0.9% | -52.9% | +18.6% | - | - | - |
| Other income | 0.38 | 0.15 | 0.10 | 0.18 | 0.03 | (0.18) | 0.26 | 0.03 |
| EBITDA | 5.68 | 2.67 | 0.61 | (0.83) | 0.56 | 0.96 | (0.06) | (3.08) |
| EBITDA margin | +7.2% | +4.1% | +1.8% | -3.8% | +1.2% | +2.4% | -0.2% | -6.7% |
| Depreciation | 0.09 | 0.09 | 0.09 | 0.09 | 0.09 | 0.09 | 0.10 | 0.08 |
| Interest | 4.24 | 0.66 | 0.62 | 0.29 | 0.83 | 0.32 | 0.89 | 0.19 |
| Profit before tax | 1.73 | 2.07 | 0.00 | (1.03) | (0.33) | 0.37 | (0.79) | (3.32) |
| Tax | 0.44 | 0.69 | (0.14) | (0.28) | (0.08) | 0.31 | (0.20) | (1.06) |
| Net profit | 1.29 | 1.38 | 0.14 | (0.75) | (0.25) | 0.06 | (0.59) | (2.26) |
| EPS (₹) | 3.20 | 3.45 | 0.36 | (1.86) | (0.62) | 0.14 | (1.47) | (5.64) |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 166 | 159 | 104 | 90.01 | 57.46 | 2.93 | 45.57 |
| Revenue growth | +4.5% | +52.4% | +15.6% | +56.7% | +1861.1% | -93.6% | - |
| Other income | 0.45 | 0.38 | 1.78 | 0.56 | 0.23 | 0.16 | 1.82 |
| Total expenses | 163 | 161 | 102 | 88.43 | 54.62 | 4.00 | 46.91 |
| Employee cost | 0.00 | 1.75 | 2.22 | 0.82 | 1.22 | 0.22 | 1.13 |
| EBITDA | 3.02 | (2.55) | 2.33 | 1.58 | 2.84 | (1.07) | (1.34) |
| EBITDA margin | +1.8% | -1.6% | +2.2% | +1.8% | +4.9% | -36.5% | -2.9% |
| Depreciation | 0.35 | 0.34 | 0.28 | 0.28 | 0.20 | 0.24 | 0.18 |
| Interest | 2.41 | 2.17 | 3.57 | 0.87 | 0.31 | 0.22 | 0.08 |
| Profit before tax | 0.71 | (4.68) | 0.26 | 0.99 | 2.56 | (1.37) | 0.22 |
| Tax | 0.18 | (0.96) | 0.09 | 0.43 | 0.30 | 0.00 | 0.06 |
| Net profit | 0.53 | (3.72) | 0.17 | 0.56 | 2.23 | (1.37) | 0.16 |
| Net profit margin | +0.3% | -2.4% | +0.2% | +0.6% | +3.9% | -46.8% | +0.4% |
| EPS (₹) | 1.34 | (9.26) | 0.40 | 1.44 | 5.62 | (3.46) | 0.43 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 4.02 | 4.02 | 4.02 | 4.02 | 4.02 | 4.02 | 4.02 |
| Reserves & surplus | 36.02 | 35.48 | 39.19 | 39.03 | 38.45 | 36.18 | 37.57 |
| Shareholders' funds (net worth) | 40.04 | 39.50 | 43.21 | 43.05 | 42.47 | 40.20 | 41.59 |
| Minority interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Secured loans | 0.00 | 16.41 | 3.18 | 0.00 | 5.00 | 0.05 | 0.00 |
| Unsecured loans | 9.38 | 0.00 | 0.30 | 15.68 | 0.00 | 4.50 | 0.00 |
| Total debt | 9.38 | 16.41 | 3.48 | 15.68 | 5.00 | 4.55 | 0.00 |
| Total liabilities | 49.48 | 55.94 | 46.74 | 58.74 | 47.48 | 44.77 | 41.59 |
| Assets | |||||||
| Gross block | 6.19 | 6.09 | 4.32 | 4.41 | 4.20 | 3.17 | 3.16 |
| Net block | 3.52 | 3.77 | 2.34 | 2.69 | 2.75 | 2.31 | 2.54 |
| Capital work in progress | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 20.94 | 22.01 | 24.70 | 34.76 | 21.98 | 39.01 | 33.56 |
| Inventories | 68.97 | 13.63 | 12.20 | 8.80 | 20.60 | 0.11 | 0.16 |
| Sundry debtors | 8.98 | 10.22 | 3.23 | 2.38 | 14.77 | 0.10 | 1.75 |
| Cash & bank balances | 21.22 | 0.31 | 0.37 | 6.26 | 15.61 | 0.18 | 0.21 |
| Loans & advances | 13.65 | 2.88 | 1.61 | 1.62 | 3.88 | 0.43 | 0.16 |
| Total current assets | 113 | 27.04 | 17.41 | 19.06 | 54.86 | 0.82 | 2.28 |
| Total current liabilities | 92.45 | 0.67 | 0.43 | 0.49 | 34.95 | 0.05 | 0.13 |
| Net working capital | 20.37 | 26.37 | 16.98 | 18.57 | 19.91 | 0.77 | 2.15 |
| Total assets | 49.48 | 55.94 | 46.74 | 58.74 | 47.48 | 44.77 | 41.59 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 0.31 | 0.37 | 6.26 | 10.61 | 0.13 | 0.21 | 0.31 |
| Net cash from operating activities | 29.02 | (11.87) | (1.09) | (6.50) | (1.31) | 0.99 | 4.02 |
| Net cash from investing activities | 1.32 | 1.06 | 10.95 | (12.65) | 16.60 | (5.35) | (4.04) |
| Net cash from financing activities | (9.43) | 10.76 | (15.74) | 14.80 | (4.81) | 4.28 | (0.08) |
| Net change in cash | 20.91 | (0.06) | (5.88) | (4.35) | 10.48 | (0.08) | (0.10) |
| Closing cash | 21.22 | 0.31 | 0.37 | 6.26 | 15.61 | 0.18 | 0.21 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | +4.5% | +52.4% | +15.6% | +56.7% | +1861.1% | -93.6% | - |
| EBITDA growth | +218.4% | -209.4% | +47.5% | -44.4% | +365.4% | +20.2% | - |
| PBT growth | +9998.0% | - | -73.7% | -61.3% | +9998.0% | - | -71.4% |
| Net income growth | +114.3% | -2288.2% | -69.6% | -74.9% | +262.8% | -956.3% | - |
| Revenue CAGR (3Y) | +22.6% | +40.3% | +228.7% | +25.5% | -8.8% | -47.9% | +25.5% |
| EBITDA CAGR (3Y) | +24.1% | - | - | - | +21.8% | +7.1% | -10.0% |
| Profitability & leverage | |||||||
| Net income margin | +0.3% | -2.4% | +0.2% | +0.6% | +3.9% | -46.8% | +0.4% |
| Return on capital employed | - | -4.9% | +7.2% | +3.5% | +6.2% | -2.7% | +0.8% |
| Return on net worth | - | -9.0% | +0.4% | +1.4% | +5.5% | -3.4% | +0.4% |
| Debt / equity | - | 0.24 | 0.22 | 0.24 | 0.12 | 0.06 | 0.00 |
| Long-term debt / equity | - | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest cover | 90.26 | -75.09 | 174.15 | 66.92 | 11.74 | -16.79 | -5.26 |
| Efficiency & per share | |||||||
| Fixed asset turnover | - | 30.46 | 23.84 | 20.91 | 15.59 | 0.93 | 19.64 |
| Inventory turnover | - | 12.28 | 9.91 | 6.12 | 5.55 | 21.70 | 6.13 |
| Debtors turnover | - | 23.58 | 37.09 | 10.50 | 7.73 | 3.17 | 27.37 |
| EPS (₹) | 1.34 | (9.26) | 0.40 | 1.44 | 5.62 | (3.46) | 0.43 |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 0.00 | 98.31 | 107.56 | 107.16 | 105.71 | 100.07 | 103.53 |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 79.38 | 64.84 | 33.29 | 21.72 | 45.85 | 40.19 | 33.59 | 46.15 |
| Revenue growth (YoY) | +73.1% | +61.3% | -0.9% | -52.9% | +18.6% | - | - | - |
| Other income | 0.38 | 0.15 | 0.10 | 0.17 | 0.03 | (0.18) | 0.26 | 0.03 |
| Total expenses | 73.70 | 62.17 | 32.68 | 22.55 | 45.29 | 39.23 | 33.65 | 49.23 |
| EBITDA | 5.68 | 2.67 | 0.61 | (0.83) | 0.56 | 0.96 | (0.06) | (3.08) |
| EBITDA margin | +7.2% | +4.1% | +1.8% | -3.8% | +1.2% | +2.4% | -0.2% | -6.7% |
| Depreciation | 0.09 | 0.09 | 0.09 | 0.09 | 0.09 | 0.09 | 0.10 | 0.08 |
| Interest | 4.24 | 0.66 | 0.62 | 0.29 | 0.83 | 0.32 | 0.89 | 0.19 |
| Profit before tax | 1.73 | 2.07 | 0.00 | (1.04) | (0.33) | 0.37 | (0.79) | (3.32) |
| Tax | 0.44 | 0.69 | (0.14) | (0.28) | (0.08) | 0.31 | (0.20) | (1.06) |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 166 | 159 | 104 | 90.01 | 57.46 | 2.93 | 45.57 |
| Revenue growth | +4.5% | +52.4% | +15.6% | +56.7% | +1861.1% | -93.6% | - |
| Other income | 0.45 | 0.38 | 1.78 | 0.56 | 0.23 | 0.16 | 1.82 |
| Total expenses | 163 | 161 | 102 | 88.43 | 54.62 | 4.00 | 46.91 |
| Employee cost | 0.00 | 1.75 | 2.22 | 0.82 | 1.22 | 0.22 | 1.13 |
| EBITDA | 3.02 | (2.55) | 2.33 | 1.58 | 2.84 | (1.07) | (1.34) |
| EBITDA margin | +1.8% | -1.6% | +2.2% | +1.8% | +4.9% | -36.5% | -2.9% |
| Depreciation | 0.35 | 0.34 | 0.28 | 0.28 | 0.20 | 0.24 | 0.18 |
| Interest | 2.41 | 2.17 | 3.57 | 0.87 | 0.31 | 0.22 | 0.08 |
| Profit before tax | 0.71 | (4.68) | 0.26 | 0.99 | 2.56 | (1.37) | 0.22 |
| Tax | 0.18 | (0.96) | 0.09 | 0.43 | 0.30 | 0.00 | 0.06 |
| Net profit | 0.53 | (3.72) | 0.17 | 0.56 | 2.23 | (1.37) | 0.16 |
| Net profit margin | +0.3% | -2.4% | +0.2% | +0.6% | +3.9% | -46.8% | +0.4% |
| EPS (₹) | 1.34 | (9.26) | 0.40 | 1.44 | 5.62 | (3.46) | 0.43 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 4.02 | 4.02 | 4.02 | 4.02 | 4.02 | 4.02 | 4.02 |
| Reserves & surplus | 36.02 | 35.48 | 39.19 | 39.03 | 38.45 | 36.18 | 37.57 |
| Shareholders' funds (net worth) | 40.04 | 39.50 | 43.21 | 43.05 | 42.47 | 40.20 | 41.59 |
| Secured loans | 0.00 | 16.41 | 3.18 | 0.00 | 5.00 | 0.05 | 0.00 |
| Unsecured loans | 9.38 | 0.00 | 0.30 | 15.68 | 0.00 | 4.50 | 0.00 |
| Total debt | 9.38 | 16.41 | 3.48 | 15.68 | 5.00 | 4.55 | 0.00 |
| Total liabilities | 49.48 | 55.94 | 46.74 | 58.74 | 47.48 | 44.77 | 41.59 |
| Assets | |||||||
| Gross block | 6.19 | 6.09 | 4.32 | 4.41 | 4.20 | 3.17 | 3.16 |
| Net block | 3.52 | 3.77 | 2.34 | 2.69 | 2.75 | 2.31 | 2.54 |
| Capital work in progress | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 20.94 | 22.01 | 24.70 | 34.76 | 21.98 | 39.01 | 33.56 |
| Inventories | 68.97 | 13.63 | 12.20 | 8.80 | 20.60 | 0.11 | 0.16 |
| Sundry debtors | 8.98 | 10.22 | 3.23 | 2.38 | 14.77 | 0.10 | 1.75 |
| Cash & bank balances | 21.22 | 0.31 | 0.37 | 6.26 | 15.61 | 0.18 | 0.21 |
| Loans & advances | 13.65 | 2.88 | 1.61 | 1.62 | 3.88 | 0.43 | 0.16 |
| Total current assets | 113 | 27.04 | 17.41 | 19.06 | 54.86 | 0.82 | 2.28 |
| Total current liabilities | 92.45 | 0.67 | 0.43 | 0.49 | 34.95 | 0.05 | 0.13 |
| Net working capital | 20.37 | 26.37 | 16.98 | 18.57 | 19.91 | 0.77 | 2.15 |
| Total assets | 49.48 | 55.94 | 46.74 | 58.74 | 47.48 | 44.77 | 41.59 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 0.31 | 0.37 | 6.26 | 10.61 | 0.13 | 0.21 | 0.31 |
| Net cash from operating activities | 29.02 | (11.87) | (1.09) | (6.50) | (1.28) | 1.71 | 4.02 |
| Net cash from investing activities | 1.32 | 1.06 | 10.95 | (12.65) | 16.57 | (6.07) | (4.04) |
| Net cash from financing activities | (9.43) | 10.76 | (15.74) | 14.80 | (4.81) | 4.28 | (0.08) |
| Net change in cash | 20.91 | (0.06) | (5.88) | (4.35) | 10.48 | (0.08) | (0.10) |
| Closing cash | 21.22 | 0.31 | 0.37 | 6.26 | 15.61 | 0.18 | 0.21 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | +4.5% | +52.4% | +15.6% | +56.7% | +1861.1% | -93.6% | - |
| EBITDA growth | +218.4% | -209.4% | +47.5% | -44.4% | +365.4% | +20.2% | - |
| PBT growth | +9998.0% | - | -73.7% | -61.3% | +9998.0% | - | -71.4% |
| Net income growth | +114.3% | -2288.2% | -69.6% | -74.9% | +262.8% | -956.3% | - |
| Revenue CAGR (3Y) | +22.6% | +40.3% | +228.7% | +25.5% | -8.8% | -47.9% | +25.5% |
| EBITDA CAGR (3Y) | +24.1% | - | - | - | +21.8% | +6.7% | -10.0% |
| Profitability & leverage | |||||||
| Net income margin | +0.3% | -2.4% | +0.2% | +0.6% | +3.9% | -46.8% | +0.4% |
| Return on capital employed | - | -4.9% | +7.2% | +3.5% | +6.2% | -2.7% | +0.8% |
| Return on net worth | - | -9.0% | +0.4% | +1.4% | +5.5% | -3.4% | +0.4% |
| Debt / equity | - | 0.24 | 0.22 | 0.24 | 0.12 | 0.06 | 0.00 |
| Long-term debt / equity | - | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest cover | 90.26 | -75.09 | 174.15 | 66.92 | 11.74 | -16.79 | -5.26 |
| Efficiency & per share | |||||||
| Fixed asset turnover | - | 30.46 | 23.84 | 20.91 | 15.59 | 0.93 | 19.64 |
| Inventory turnover | - | 12.28 | 9.91 | 6.12 | 5.55 | 21.70 | 6.13 |
| Debtors turnover | - | 23.58 | 37.09 | 10.50 | 7.73 | 3.17 | 27.37 |
| EPS (₹) | 1.34 | (9.26) | 0.40 | 1.44 | 5.62 | (3.46) | 0.43 |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 0.00 | 98.31 | 107.56 | 107.16 | 105.71 | 100.07 | 103.53 |
To see the full year-wise statements and ratios of Inducto Steel Limited, buy the company report.
Board of directors of Inducto Steel Limited
Inducto Steel has 4 current directors and 12 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rajeev Shantisarup Reniwal Also directs: Calvin Divine Enterprises LLP, I&Pcl Vacuum Cast Limited, Valentine Properties Private Limited and 5 more | Managing Director | 01 Apr 1993 | 33 Years 6 Months | Current |
| Sweety Rajeev Reniwal Also directs: Valentine Properties Private Limited, Aplomb Enterprises Private Limited, Hariyana International Private Limited and 4 more | Director | 09 Mar 2002 | 24 Years 7 Months | Current |
| Tejasbhai Himmatbhai Thakker | Director | 01 Apr 2024 | 2 Years 6 Months | Current |
| Manohar Hanumants Wagh | Director | 01 Apr 2024 | 2 Years 6 Months | Current |
Auditor
Inducto Steel Limited is audited by LSM & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| LSM & CO. | FY 2023 | 116870W |
Shareholding
Shareholding for the quarter ended Mar 2026: promoters hold 69.30%, foreign institutional investors hold 0.00%, domestic institutional investors hold 0.00% and retail and other public shareholders hold 30.70%.
| Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | |
|---|---|---|---|---|
| Promoters | 69.30% | 69.30% | 69.30% | 69.30% |
| Public | 30.70% | 30.70% | 30.70% | 30.70% |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 24 Apr 2026 | 101280660 | Hdfc Bank Limited | ₹17.42 Lakh | Open | |
| 17 Jun 2023 | 100740642 | Others | ₹100 Cr | Open | |
| 18 Jan 2021 | 100423869 | Axis Bank Limited | ₹45.5 Cr | Satisfied | |
| 15 May 2002 | 90095276 | Indian Overseas Bank | ₹150 Cr | Satisfied | |
| 10 Oct 1995 | 80026147 | Punjab National Bank | ₹55 Lakh | Satisfied |
To see the full charge records of Inducto Steel Limited, buy the company report.
Total charge records: 6 View all charges
Legal cases
Inducto Steel Limited has 2 court cases on record: 1 filed by Inducto Steel, 1 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
| High courts | 1 | 0 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by an individual | Disposed |
| High Court, GUJARAT | Court case (COMP) | Filed by the company against an individual | Disposed |
To see the full case history of Inducto Steel 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
Inducto Steel Limited was last rated by Care on 29 Jul 2019.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 29 Jul 2019 |
To see the full credit ratings and regulatory alerts of Inducto Steel Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Inducto Steel Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Inducto Steel Limited has a workforce of 114 employees on its EPFO records as of Mar 23, 2024, across 1 active EPFO establishment.
GST
Inducto Steel has 5 GST registrations: 2 active and 3 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACI1045E2Z2 | Maharashtra | Active | 22 Dec 2021 |
| 24AAACI1045E1Z9 | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Inducto Steel Limited, buy the company report.
Recent activity
Inducto Steel Limited has 13 board changes on record since 1993: 4 appointments and 9 cessations. The latest: Nishant Rajeev Reniwal ceased to be CFO on 18 Dec 2025.
16 earlier events are in the company report.
Frequently asked questions
Inducto Steel is an active public limited company based in Mumbai, Maharashtra, India. The company works in metal retail and distribution, within the metals and minerals industry. It was incorporated on 29 November 1988 (38+ years old) and is registered under CIN L27100MH1988PLC194523. Listed on BSE: 532001.
Inducto Steel reported revenue of ₹165.71 Cr for FY 2025-26 (up 4.5% YoY) based on consolidated financials.
Inducto Steel has 4 current directors:
- Rajeev Shantisarup Reniwal - Managing Director
- Sweety Rajeev Reniwal - Director
- Tejasbhai Himmatbhai Thakker - Director
- Manohar Hanumants Wagh - Director
The latest financial statements of Inducto Steel on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Inducto Steel is 27AAACI1045E2Z2, registered in Maharashtra. The company has 5 GST registrations in all, of which 2 are active and 3 are cancelled or inactive. Other active GSTINs include 24AAACI1045E1Z9 (Gujarat).
The CIN (Corporate Identification Number) of Inducto Steel is L27100MH1988PLC194523. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. Inducto Steel is a listed company as per MCA records. Its shares are listed on BSE (code: 532001).
Inducto Steel has 2 court cases on record: 1 filed by the company and 1 filed against it. Most are in the district courts.
Inducto Steel was incorporated on 29 November 1988, making it 38+ years old. It is registered with the Registrar of Companies, Mumbai.
Nishant Rajeev Reniwal ceased to be CFO on 18 Dec 2025. Manohar Hanumants Wagh was appointed as Director on 01 Apr 2024. Tejasbhai Himmatbhai Thakker was appointed as Director on 01 Apr 2024. Inducto Steel has 13 board changes on record in total.