About Irel (India) Limited
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Irel (India) Limited is a public limited union government company based in Mumbai, Maharashtra, India. It operates in the other metals and minerals segment of the metals and mining sector. It was incorporated on 18 August 1950 and has been in existence for over 76 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U15100MH1950GOI008187. Its GSTIN is 27AAACI2799F1ZE (Maharashtra). The company holds 11 GST registrations, all of them active.
The company has an authorised share capital of ₹1,000 Cr and a paid-up capital of ₹345.46 Cr. It was formerly known as Indian Rare Earths Limited and Indian Rare Earths Private Limited. It is led by directors including Sarada Bhushan Mohanty (Managing Director) and Anuttam Mishra (Whole-Time Director).
Its last annual general meeting (AGM) was held on 19 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Plot 1207 Ecil Bldg 1207 Veer Savarkar Marg Road Prabhadevi, Mumbai, Maharashtra, India – 400028.
As per the financials filed for FY 2025, the company reported a revenue of ₹2,036.43 Cr, a decline of 10% compared to the previous year. For the same year it recorded a net profit of ₹798.04 Cr (net margin 39.2%) and EBITDA of ₹1,165.98 Cr (EBITDA margin 57.3%). Revenue has grown at a compounded annual rate (CAGR) of 10% over three years and 13% over five years.
The company has about 811 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
The company is associated with 1 brand: IREL. As per MCA filings, the company has open charges of ₹10 Cr and satisfied charges of ₹10 Cr on record. Court records list 908 cases involving the company, including 423 filed by the company and 488 filed against it; 95 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website irel.co.in.
Company details
Name history
Irel (India) has undergone 2 name changes throughout its history. The company was previously known as Indian Rare Earths Limited, and Indian Rare Earths Private Limited. The current legal name is Irel (India) Limited.
| Company Name | Status |
|---|---|
| Irel (India) Limited | Current |
| Indian Rare Earths Limited | Previous |
| Indian Rare Earths Private Limited | Previous |
CIN history
Irel (India) has one previous CIN (Corporate Identification Number): U15100MH2004PTC008187. The current CIN is U15100MH1950GOI008187, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U15100MH1950GOI008187 | Current |
| U15100MH2004PTC008187 | Previous |
Contact details
Irel (India) Limited's registered office is in Mumbai, Maharashtra. Its website is irel.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressPlot 1207 Ecil Bldg 1207 Veer Savarkar Marg Road Prabhadevi, Mumbai, Maharashtra, India – 400028
- IndustryMetals and Minerals, Other Metals & Minerals, Mining & Mineral Extraction
To see the full contact details of Irel (India) 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
Brands
Irel (India) operates one associated brand: IREL. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Extracts and sells minerals, rare earths, and chemicals for industrial use. | irel.co.in |
Business activity
The main business activities of Irel (India) are mining and quarrying and manufacturing. In detail, this covers mining of metal ores and chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| B | Mining and quarrying | B3 | Mining of Metal Ores | |
| C | Manufacturing | C6 | Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products |
To see the full business activity and turnover split of Irel (India) Limited, buy the company report.
Financials of Irel (India) Limited
FY 2025 filings availableIrel (India) Limited reported revenue of ₹2,036.43 Cr (down 10% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 10% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 13%. EBITDA fell 16% 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 | ₹1,165.98 Cr | ||||
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| Net Profit (PAT) | ₹798.04 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 57.3% | ||||
| Net Profit Margin | 39.2% | ||||
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To see the full financial statements and ratios of Irel (India) Limited, buy the company report.
Board of directors and KMP of Irel (India) Limited
Irel (India) Limited currently reports 7 directors and 1 key managerial person. 49 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sarada Bhushan Mohanty | Managing Director | 25 Aug 2022 | 4 Years 2 Months | Current |
| Acharath Parakat Mahalil Mohamedhanish Also directs: Bharat Petroleum Corporation Limited, Nitta Gelatin India Limited, Kerala Coffee Limited and 5 more | Nominee Director | 22 Jul 2024 | 2 Years 3 Months | Current |
| Rupender Dhiman Also directs: Irel Idcol Limited | Company Secretary | 09 Mar 2018 | 8 Years 8 Months | Current |
| Sandeep Raj | Nominee Director | 03 Jul 2025 | 1 Years 4 Months | Current |
| Anjali Sinha | Nominee Director | 08 Mar 2024 | 2 Years 8 Months | Current |
| Komal Kapoor Also directs: Uranium Corporation of India Limited | Nominee Director | 28 Feb 2023 | 3 Years 8 Months | Current |
Auditor
Irel (India) Limited is audited by JCR & CO. LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| JCR & CO. LLP | FY 2023 | 105270W/W100846 |
Shareholding
The shareholding of Irel (India) Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Irel (India) Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 22 Mar 2003 | 80059411 | State Bank of Travancore | ₹10 Cr | Satisfied |
To see the full charge records of Irel (India) Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Irel (India) Limited has 908 court cases on record: 423 filed by Irel (India), 488 filed against it. 95 cases are pending and 813 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 746 | 396 | 76 |
| District courts | 114 | 60 | 12 |
| Supreme Court | 43 | 27 | 6 |
| NCLAT | 5 | 5 | 1 |
Cases on record (5 of 908)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Supreme Court | Court case (2902-Labour and Industrial Laws : Payment of wages, bonus, provident fund, gratuity, service benefits, benefits under ESIC Act, 1948, compensation under Workmen's Compensation Act, 1923 (now Employees Compensation Act, 1923)and payment of overtime wages and minimum wage.) | Filed against the company by Irel Retired Employees Union (Irel India Limited) | Disposed |
| Supreme Court | Court case (33P- Mines Minerals, Mining leases) | Filed against the company by M/S Beach Mineral Sands Company and 2 others | Pending |
| Supreme Court | Court case (33P- Mines Minerals, Mining leases) | Filed against the company by M/S Industrial Mineral Company Represented by Its Managing Partner S. Chandresan | Pending |
| Supreme Court | Court case (33P- Mines Minerals, Mining leases) | Filed against the company by M/S Indian Ocean Garnet Sands Co. Pvt. Ltd | Pending |
| High Court of Andhra Pradesh | Writ petition | Filed against the company by Trimex Sands Private Limited | Pending |
To see the full case history of Irel (India) 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 Irel (India) Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Irel (India) has 1 subsidiary company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Irel Idcol Limited | U14296OR2018GOI028257 |
To see the full group structure of Irel (India) Limited, buy the company report.
Employees & EPFO
Irel (India) Limited has a workforce of 811 employees on its EPFO records as of Oct 17, 2024, across 6 active EPFO establishments.
GST
Irel (India) has 11 GST registrations: 11 active. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACI2799F1ZE | Maharashtra | Active | 01 Jul 2017 |
| 27AAACI2799F2ZD | Maharashtra | Active | 04 Sep 2017 |
| 21AAACI2799F1ZQ | Odisha | Active | 01 Jul 2017 |
| 32AAACI2799F1ZN | Kerala | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Irel (India) Limited, buy the company report.
Recent activity
Irel (India) Limited has 104 board changes on record since 1999: 56 appointments and 48 cessations. The latest: Sandeep Raj was appointed as Nominee Director on 03 Jul 2025.
98 earlier events are in the company report.
News
Frequently asked questions
Irel (India) is an active public limited union government company based in Mumbai, Maharashtra, India. The company works in other metals and minerals, within the metals and minerals industry. It was incorporated on 18 August 1950 (76+ years old) and is registered under CIN U15100MH1950GOI008187.
Irel (India) has 8 current directors and KMP:
- Sarada Bhushan Mohanty - Managing Director
- Anuttam Mishra - Whole-Time Director
- Acharath Parakat Mahalil Mohamedhanish - Nominee Director
- Sandeep Raj - Nominee Director
- Anjali Sinha - Nominee Director
- Komal Kapoor - Nominee Director
- Rajnish Arvind Khale - Director
- Rupender Dhiman - Company Secretary
The latest financial statements of Irel (India) on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 19 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Irel (India) is 27AAACI2799F1ZE, registered in Maharashtra. The company has 11 GST registrations in all, of which 11 are active. Other active GSTINs include 27AAACI2799F2ZD (Maharashtra), 21AAACI2799F1ZQ (Odisha), 32AAACI2799F1ZN (Kerala).
The CIN (Corporate Identification Number) of Irel (India) is U15100MH1950GOI008187. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Irel (India) has 908 court cases on record: 423 filed by the company and 488 filed against it. 95 are pending. Most are in the high courts.
Irel (India) was incorporated on 18 August 1950, making it 76+ years old. It is registered with the Registrar of Companies, Mumbai.
Sandeep Raj was appointed as Nominee Director on 03 Jul 2025. Uday Madhavrao Shinde ceased to be Nominee Director on 25 Jun 2025. Uday Madhavrao Shinde was appointed as Nominee Director on 12 Mar 2025. Irel (India) has 104 board changes on record in total.
Irel (India) can be reached through the website irel.co.in. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Irel (India) is at Plot 1207 Ecil Bldg 1207 Veer Savarkar Marg Road Prabhadevi, Mumbai, Maharashtra, India – 400028.
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