About Indus TMT Industries Limited
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Indus TMT Industries Limited is a public limited company based in Bangalore, Karnataka, India. It operates in the steel manufacturing and processing segment of the metals and mining sector. It was incorporated on 09 May 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U46909KA2005PLC036259. Its GSTIN is 29AACCC5973B1ZO (Karnataka). The company holds 3 GST registrations, all of them active.
The company has an authorised share capital of ₹8 Cr and a paid-up capital of ₹7.74 Cr. It was formerly known as Apple Rolling Mills Limited and Chitrakoot Metal Limited. It is led by directors including Sekhar Ramachandran (Whole-Time Director) and Srikanth Sathanantham Singiri (Whole-Time Director).
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Bangalore, Karnataka.
As per the financials filed for FY 2025, the company reported a revenue of ₹619.26 Cr, a growth of 15% compared to the previous year. For the same year it recorded a net profit of ₹23.97 Cr (net margin 3.9%) and EBITDA of ₹44.56 Cr (EBITDA margin 7.2%). Revenue has grown at a compounded annual rate (CAGR) of 12% over three years and 14% over five years.
The company has about 172 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Indus TMT. As per MCA filings, the company has satisfied charges of ₹22.92 Cr on record. Court records list 61 cases involving the company, including 46 filed by the company and 15 filed against it; 9 cases are pending. The company has 11 deals on record (8 secondary share transfers, 3 funding rounds), with disclosed funding of ₹19.39 Cr; the latest was in March 2023. Its 10 peer companies in the Metals and Minerals industry (Steel), with the same principal business activity (metal and metal products) are compared by revenue, 5 larger and 5 smaller; the largest is Rdtmt Steels (India) Private Limited with revenue of ₹625.02 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website industmt.com.
Company details
Name history
Indus TMT Industries has undergone 3 name changes throughout its history. The company was previously known as Apple Rolling Mills Limited, Chitrakoot Metal Limited, and Indus Tmt Industries Private Limited. The current legal name is Indus Tmt Industries Limited.
| Company Name | Status |
|---|---|
| Indus TMT Industries Limited | Current |
| Apple Rolling Mills Limited | Previous |
| Chitrakoot Metal Limited | Previous |
| Indus Tmt Industries Private Limited | Previous |
CIN history
Indus TMT Industries has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U46909KA2005PLC036259, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U46909KA2005PLC036259 | Current |
| U27104KA2005PLC036259 | Previous |
| U27104KA2005PTC036259 | Previous |
Contact details
Indus TMT Industries Limited's registered office is in Bangalore, Karnataka.
- Registered AddressNo. 73 16th Main Nd Fusion Mall 4th Floor A Wing, Btm Layout 2nd Stage, Bangalore, Karnataka, India – 560076
- IndustryMetals and Minerals, Steel Manufacturing & Processing
- 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
Indus TMT Industries operates one associated brand: Indus TMT. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Produces high-quality steel products for the construction industry. | industmt.com |
Business activity
The main business activity of Indus TMT Industries 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 TMT Industries Limited, buy the company report.
Financials of Indus TMT Industries Limited
FY 2025 filings availableIndus TMT Industries Limited reported revenue of ₹619.26 Cr (up 15% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 14% over five years, including 15% growth in the latest year. EBITDA fell 2% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹44.56 Cr | ||||
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| Net Profit (PAT) | ₹23.97 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 7.2% | ||||
| Net Profit Margin | 3.9% | ||||
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To see the full financial statements and ratios of Indus TMT Industries Limited, buy the company report.
Board of directors of Indus TMT Industries Limited
Indus TMT Industries has 5 current directors and 19 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sekhar Ramachandran | Whole-Time Director | 26 Feb 2014 | 12 Years 8 Months | Current |
| Naveen Krishna Murthy | Director | 03 May 2022 | 4 Years 5 Months | Current |
| Puranika Chaithanya Also directs: Indus Steel and Alloys Limited | Director | 13 May 2022 | 4 Years 5 Months | Current |
| Srikanth Sathanantham Singiri Also directs: S S Srikanth Realtors LLP, Sssrikanth Spaces LLP, Raviraju Steel Solution LLP and 5 more | Whole-Time Director | 03 Nov 2020 | 5 Years 11 Months | Current |
| Chinni Valli | Director | 31 Mar 2023 | 3 Years 6 Months | Current |
Peer comparison
Indus TMT Industries Limited is compared with the 10 companies closest to it by revenue in the Metals and Minerals industry (Steel), 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 |
|---|---|---|---|---|---|---|
| Rdtmt Steels (India) Private Limited | ₹625.02 Cr (FY 2024) | 14.0% | Bangalore, Karnataka, India | |||
| VSP Udyog Private Limited | ₹622.96 Cr (FY 2023) | 1.0% | Kolkata, West Bengal, India | |||
| Gajanan Iron Private Limited | ₹622.95 Cr (FY 2025) | 13.0% | Kolkata, West Bengal, India | |||
| Ajay Ingot Rolling Mill Private Limited | ₹622.43 Cr (FY 2025) | 3.0% | Raigarh, Chhattisgarh, India | |||
| Agarwal TMT Industries Private Limited | ₹620.86 Cr (FY 2025) | -11.0% | Ahmedabad, Gujarat, India | |||
| Indus TMT Industries Limitedthis company | ₹619.26 Cr (FY 2025) | ₹23.97 Cr | 3.9% | 15.0% | Bangalore, Karnataka, India | |
| L&T Special Steels and Heavy Forgings Private Limited | ₹617.85 Cr (FY 2025) | 22.0% | Mumbai, Maharashtra, India | |||
| Maa Mahamaya Industries Limited | ₹617.62 Cr (FY 2025) | 1.0% | Dhamtari, Chhattisgarh, India | |||
| Neemrana Steel Service Center India Private Limited | ₹616.96 Cr (FY 2025) | 26.0% | Neemrana, Rajasthan, India | |||
| Hindustan Inox Limited | ₹616.24 Cr (FY 2024) | -9.0% | Mumbai, Maharashtra, India | |||
| Kashvi International Private Limited | ₹615.3 Cr (FY 2024) | -28.0% | Bhubaneswar, Odisha, India |
To see the full peer comparison of Indus TMT Industries Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 24 Jul 2018 | 100242166 | Others | ₹8.95 Lakh | Satisfied | |
| 07 May 2018 | 100211901 | Others | ₹13.52 Lakh | Satisfied | |
| 19 Mar 2018 | 100168155 | Others | ₹8 Lakh | Satisfied | |
| 26 Dec 2017 | 100145655 | Others | ₹28 Lakh | Satisfied | |
| 08 Aug 2015 | 10586070 | Canara Bank | ₹5.67 Lakh | Satisfied |
To see the full charge records of Indus TMT Industries Limited, buy the company report.
Total charge records: 10 View all charges
Deals & funding
Indus TMT Industries Limited has 11 deals on record (8 secondary share transfers, 3 funding rounds), with disclosed funding of ₹19.39 Cr; the latest was in March 2023.
Deals on record (5 of 11)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2023 | Secondary share transfer | Undisclosed | Buyer: Sri Srinaadha Steels Private Limited , an individual Seller: Easy Communications Systems Private Limited |
| Mar 2014 | Funding round | ₹86 Lakh | Investors: Sri Srinaadha Steels Private Limited |
| Oct 2012 | Secondary share transfer | Undisclosed | Buyer: Easy Communications Systems Private Limited, Sri Srinaadha Steels Private Limited , 2 individuals Seller: 4 individuals |
| Mar 2010 | Secondary share transfer | Undisclosed | Buyer: Apple Industries Private Limited Seller: Etl Infrastructure Finance Limited , Computer Point Limited |
| Sep 2009 | Secondary share transfer | Undisclosed | Buyer: Rakesh Kumar Agarwal Huf, Arvind Kumar Gupta huf, 2 individuals Seller: Deep Kumar Huf, Raghvansh Agro Farms Private Limited, 2 individuals |
To see the full deal history of Indus TMT Industries 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 TMT Industries Limited has 61 court cases on record: 46 filed by Indus TMT Industries, 15 filed against it. 9 cases are pending and 52 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 39 | 11 | 6 |
| District courts | 21 | 4 | 2 |
| Supreme Court | 1 | 0 | 1 |
Cases on record (5 of 61)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Supreme Court | Court case (2409-Indirect Taxation : Matters Challenging validity of Indirect Tax Statutes, Circulars, Orders, Notifications, Rules) | Filed by the company against Sun Paper Mill Limited P.B. 2, Cheranmahadevi ,Tirunelveli , Tamil Nadu and 2 others | Pending |
| Madras High Court | Writ petition | Filed by the company against Tamilnadu Power Distribution Corporation Ltd | Disposed |
| High Court of Karnataka | Revision petition | Filed against the company by M/S Indus Steel & Alloys Ltd | Disposed |
| High Court, TAMIL NADU | Appeal | Filed against the company by Ennore Cargo Container Terminals P Ltd K Bijai Sundar, B Aparna Sundar,D Hemavathy,R Sunitha Sundar | Pending |
| High Court, TAMIL NADU | Interim or miscellaneous application | Filed against the company by Ennore Cargo Container Terminals P Ltd M/S. K. Bijai Sundar, R Sunitha Sundar,D Hemavathy,B Aparna Sundar | Pending |
To see the full case history of Indus TMT Industries 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 TMT Industries Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Indus TMT Industries has 3 GST registrations: 3 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AACCC5973B1ZO | Karnataka | Active | 01 Jul 2017 |
| 33AACCC5973B1ZZ | Tamil Nadu | Active | 01 Jul 2017 |
| 33AACCC5973B1D8 | Tamil Nadu | Active | 07 Nov 2024 |
To see the full GST registrations and return filing status of Indus TMT Industries Limited, buy the company report.
Recent activity
Indus TMT Industries Limited has 24 board changes on record since 2009: 5 appointments and 19 cessations. The latest: Chinni Valli ceased to be Additional Director on 29 Sep 2023.
37 earlier events are in the company report.
Frequently asked questions
Indus TMT Industries is an active public limited company based in Bangalore, Karnataka, India. The company works in steel manufacturing and processing, within the metals and minerals industry. It was incorporated on 09 May 2005 (21+ years old) and is registered under CIN U46909KA2005PLC036259.
Indus TMT Industries has 5 current directors:
- Sekhar Ramachandran - Whole-Time Director
- Srikanth Sathanantham Singiri - Whole-Time Director
- Naveen Krishna Murthy - Director
- Puranika Chaithanya - Director
- Chinni Valli - Director
The latest financial statements of Indus TMT Industries on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Indus TMT Industries is 29AACCC5973B1ZO, registered in Karnataka. The company has 3 GST registrations in all, of which 3 are active. Other active GSTINs include 33AACCC5973B1ZZ (Tamil Nadu), 33AACCC5973B1D8 (Tamil Nadu).
The CIN (Corporate Identification Number) of Indus TMT Industries is U46909KA2005PLC036259. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Indus TMT Industries has 61 court cases on record: 46 filed by the company and 15 filed against it. 9 are pending. Most are in the high courts.
Indus TMT Industries was incorporated on 09 May 2005, making it 21+ years old. It is registered with the Registrar of Companies, Bangalore.
Indus TMT Industries has 11 deals on record (8 secondary share transfers, 3 funding rounds), with disclosed funding of ₹19.39 Cr; the latest was in March 2023.
The peers of Indus TMT Industries by revenue are Rdtmt Steels (India) Private Limited, VSP Udyog Private Limited, Gajanan Iron Private Limited, Ajay Ingot Rolling Mill Private Limited, Agarwal TMT Industries Private Limited and 5 more, all in the Metals and Minerals industry (Steel), with the same principal business activity (metal and metal products).
Chinni Valli ceased to be Additional Director on 29 Sep 2023. Chinni Valli was appointed as Director on 31 Mar 2023. Naveen Krishna Murthy ceased to be Additional Director on 30 Sep 2022. Indus TMT Industries has 24 board changes on record in total.
Indus TMT Industries can be reached through the website industmt.com. Its registered office is in Bangalore, Karnataka, India.