About Indus Ferro-Tech Limited
Data last updated:
Indus Ferro-Tech Limited was a public limited company based in Kolhapur, Maharashtra, India, operated as a subsidiary of Ghatge Patil Industries Limited. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the die casting and metal forming segment of the manufacturing sector. It was incorporated on 24 March 2007.
The company was registered with the Registrar of Companies (ROC), Pune, under CIN U27310PN2007PLC129845. Its GSTIN is 27AABCI8044E1ZP (Maharashtra).
The company had an authorised share capital of ₹50 Lakh and a paid-up capital of ₹50 Lakh. It was led by directors including Megha Kiran Patil and Aditya Kiran Patil.
Its last annual general meeting (AGM) was held on 29 September 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office was at C/O Ghatge Patil Industries Limited Uchgaon, Kolhapur, Maharashtra, India – 416005.
As per the financials filed for FY 2021, the company reported a revenue of ₹73.38 Cr, a decline of 19% compared to the previous year. For the same year it recorded a net profit of ₹2.63 Cr (net margin 3.6%) and EBITDA of ₹15.69 Cr (EBITDA margin 21.4%). Revenue has grown at a compounded annual rate (CAGR) of 1% over three years and 17% over five years.
As per MCA filings, the company had satisfied charges of ₹66.47 Cr on record. Court records list 3 cases involving the company, including 1 filed by the company and 2 filed against it. The company has 6 deals on record (5 secondary share transfers, 1 acquisition); the latest was in September 2018. Its 5 peer companies in the Manufacturing industry (Die Casting), with the same principal business activity (metal and metal products) are compared by revenue, 2 larger and 3 smaller; the largest is Arush Metal Casting Limited with revenue of ₹74.38 Cr.
The last known website on record is gpi.co.in.
Company details
Contact details
Indus Ferro-Tech Limited's registered office is in Kolhapur, Maharashtra. Its website is gpi.co.in. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressC/O Ghatge Patil Industries Limited Uchgaon, Kolhapur, Maharashtra, India – 416005
- IndustryManufacturing, Die Casting & Metal Forming
To see the full contact details of Indus Ferro-Tech 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 Indus Ferro-Tech 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 Indus Ferro-Tech Limited, buy the company report.
Financials of Indus Ferro-Tech Limited
FY 2021 filings availableIndus Ferro-Tech Limited reported revenue of ₹73.38 Cr (down 19% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue fell 19% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 17%. EBITDA fell 11% 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 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹73.38 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹15.69 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹2.63 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
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 21.4% | ||||
| 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 | |||||
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| 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 Indus Ferro-Tech Limited, buy the company report.
Board of directors of Indus Ferro-Tech Limited
Indus Ferro-Tech has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Megha Kiran Patil | Director | 24 Mar 2007 | 19 Years 7 Months | As last reported |
| Aditya Kiran Patil Also directs: JP Advance System Private Limited, Raksha Precision Private Limited, Sharu Fluid Control Private Limited and 3 more | Director | 09 Jul 2013 | 13 Years 3 Months | As last reported |
| Kiran Jaykumar Patil Also directs: JP Advance System Private Limited, Raksha Precision Private Limited, Sharu Fluid Control Private Limited and 3 more | Director | 24 Mar 2007 | 19 Years 7 Months | As last reported |
Peer comparison
Indus Ferro-Tech Limited is compared with the 5 companies closest to it by revenue in the Manufacturing industry (Die Casting), 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 |
|---|---|---|---|---|---|---|
| Arush Metal Casting Limited | ₹74.38 Cr (FY 2025) | -20.0% | Jamshedpur, Jharkhand, India | |||
| Cast and Blower Company (Gujarat) Private Limited | ₹73.57 Cr (FY 2025) | 7.0% | Rajkot, Gujarat, India | |||
| Indus Ferro-Tech Limitedthis company | ₹73.38 Cr (FY 2021) | ₹2.63 Cr | 3.6% | -19.0% | Kolhapur, Maharashtra, India | |
| Saehan Stamping Private Limited | ₹72.95 Cr (FY 2024) | -25.0% | Kancheepuram, Tamil Nadu, India | |||
| Earthstahl & Alloys Limited | ₹72.77 Cr (FY 2025) | -18.0% | Simga, Chhattisgarh, India | |||
| Silicon Cortech Private Limited | ₹72.58 Cr (FY 2025) | -2.0% | Goa, India |
To see the full peer comparison of Indus Ferro-Tech Limited, buy the company report.
Auditor
Indus Ferro-Tech Limited is audited by CNGSN & Associates LLP for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| CNGSN & Associates LLP | FY 2021 | 004915S/S200036 |
Shareholding
The shareholding of Indus Ferro-Tech Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Indus Ferro-Tech Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 22 Mar 2018 | 100169298 | Others | ₹5 Cr | Satisfied | |
| 12 Jan 2018 | 100150884 | Others | ₹1.91 Cr | Satisfied | |
| 18 Jun 2013 | 10442411 | The Shamrao Vithal Co-Operative Bank Limited | ₹30 Cr | Satisfied | |
| 30 Nov 2012 | 10454957 | Union Bank of India | ₹29.56 Cr | Satisfied |
To see the full charge records of Indus Ferro-Tech Limited, buy the company report.
Total charge records: 4 View all charges
Deals & funding
Indus Ferro-Tech Limited has 6 deals on record (5 secondary share transfers, 1 acquisition); the latest was in September 2018.
Deals on record (5 of 6)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2018 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Mar 2018 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: an individual |
| Aug 2012 | Acquisition | ₹45 Lakh | Buyer: Ghatge Patil Industries Limited |
| Jun 2012 | Secondary share transfer | Undisclosed | Buyer: Ghatge Patil Industries Limited Seller: an individual |
| Apr 2007 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: 2 individuals |
To see the full deal history of Indus Ferro-Tech Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Indus Ferro-Tech Limited has 3 court cases on record: 1 filed by Indus Ferro-Tech, 2 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 2 | 0 |
| High courts | 1 | 0 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, MAHARASHTRA | Writ petition | Filed by the company against Maharashtra Industrial Development Corporation and 3 Ors and 3 others | Disposed |
| District court, Kolhapur, Maharashtra | Court case (R.C.A.) | Filed against the company by Ghatge Patil Industrie Ltd.Through Authorized Officer Shri. Pramod Vasant Patil | Disposed |
| District court, Kolhapur, Maharashtra | Criminal miscellaneous application | Filed against the company by Maharashtra Pollution Control Board | Disposed |
To see the full case history of Indus Ferro-Tech 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 Indus Ferro-Tech Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Indus Ferro-Tech has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCI8044E1ZP | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Indus Ferro-Tech Limited, buy the company report.
Recent activity
Indus Ferro-Tech Limited has 5 board changes on record since 2007: 3 appointments and 2 cessations. The latest: Aditya Kiran Patil ceased to be Director Appointed In Casual Vacancy on 28 Sep 2013.
6 earlier events are in the company report.
Frequently asked questions
Indus Ferro-Tech has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Indus Ferro-Tech was a public limited company based in Kolhapur, Maharashtra, India. The company worked in die casting and metal forming, within the manufacturing industry. It was incorporated on 24 March 2007 and is registered under CIN U27310PN2007PLC129845. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Indus Ferro-Tech was incorporated on 24 March 2007. It is registered with the Registrar of Companies, Pune.
Indus Ferro-Tech had 3 directors:
- Megha Kiran Patil - Director
- Aditya Kiran Patil - Director
- Kiran Jaykumar Patil - Director
The CIN (Corporate Identification Number) of Indus Ferro-Tech is U27310PN2007PLC129845. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Indus Ferro-Tech is at CO Ghatge Patil Industries Limited Uchgaon, Kolhapur, Maharashtra, India – 416005.
Indus Ferro-Tech can be reached through the website gpi.co.in. Its registered office is in Kolhapur, Maharashtra, India.
The latest financial statements of Indus Ferro-Tech on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 29 September 2021. Year-wise statements from 2015 are in the company report.
The GSTIN of Indus Ferro-Tech is 27AABCI8044E1ZP, registered in Maharashtra.
Indus Ferro-Tech operated in the manufacturing industry, in the die casting and metal forming segment.
Indus Ferro-Tech has 6 deals on record (5 secondary share transfers, 1 acquisition); the latest was in September 2018.