
Joy Steels Private Limited
About Joy Steels Private Limited
Data last updated:
Joy Steels Private Limited is a private limited company based in Punjab, India. It operates in the metals retail and distribution segment of the metals and mining sector. It was incorporated on 06 January 1995 and has been in existence for over 31 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U27106PB1995PTC015574. Its GSTIN is 03AAACJ3578R1Z3 (Punjab).
The company has an authorised share capital of ₹80 Lakh and a paid-up capital of ₹60.71 Lakh. It is led by directors Manjit Singh (Managing Director) and Ravinder Kaur.
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 # 236 L Model Townludhiana Punjab, Punjab, India.
As per the financials filed for FY 2025, the company reported a revenue of ₹40.45 Cr, a decline of 1% compared to the previous year. For the same year it recorded a net profit of ₹40.69 Lakh (net margin 1%) and EBITDA of ₹63.23 Lakh (EBITDA margin 1.6%). Revenue has grown at a compounded annual rate (CAGR) of 3% over three years and 11% over five years.
As per MCA filings, the company has satisfied charges of ₹1 Cr on record. Court records list 1 case involving the company, including 1 filed by the company.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered Address# 236 L Model Townludhiana Punjab, Punjab, India
- IndustryMetals and Minerals, Metal Retail & Distribution
- 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 Joy Steels Private Limited
The main business activity of Joy Steels is trade. In detail, this covers retail trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading | 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 Joy Steels Private Limited FY 2025 filings available
Joy Steels Private Limited reported revenue of ₹40.45 Cr (down 1% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Joy Steels Private Limited
Revenue fell 1% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 11%. EBITDA fell 19% 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 Joy Steels Private 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 | ₹63.23 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹40.69 Lakh | •••• | •••• | •••• | •••• |
| 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 Joy Steels Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 1.6% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 1% | •••• | •••• | •••• | •••• |
| 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 Joy Steels 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 Joy Steels Private Limited
Joy Steels Private Limited is compared with the companies closest to it by revenue in the Metals and Minerals industry (Metal Retail and Distribution). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Grape Marketing Private Limited | ₹40.77 Cr (FY 2024) | •••• | •••• | -27.0% | •••• | New Delhi, Delhi, India |
| Shree Radhey Metacast Private Limited | ₹40.7 Cr (FY 2024) | •••• | •••• | 147.0% | •••• | Delhi, India |
| Indo Steel Impex Private Limited | ₹40.66 Cr (FY 2024) | •••• | •••• | -9.0% | •••• | Howrah, West Bengal, India |
| Siddhi Ispat Private Limited | ₹40.55 Cr (FY 2025) | •••• | •••• | -8.0% | •••• | Mumbai, Maharashtra, India |
| Dynamic Ship Recyclers Private Limited | ₹40.45 Cr (FY 2024) | •••• | •••• | 2347.0% | •••• | Bhavnagar, Gujarat, India |
| Joy Steels Private Limited this company | ₹40.45 Cr (FY 2025) | •••• | •••• | -1.0% | •••• | Punjab, India |
| Brijwasi Steels India Private Limited | ₹40.42 Cr (FY 2025) | •••• | •••• | 16.0% | •••• | New Delhi, Delhi, India |
| DP Industries India Private Limited | ₹40.24 Cr (FY 2024) | •••• | •••• | -9.0% | •••• | New Delhi, Delhi, India |
| Shree Khatu Shyamji Metal Industries Private Limited | ₹40.23 Cr (FY 2025) | •••• | •••• | 118.0% | •••• | Jaipur, Rajasthan, India |
| Guardian Infratech Private Limited | ₹40.17 Cr (FY 2025) | •••• | •••• | 12.0% | •••• | Mumbai, Maharashtra, India |
| Varad Ferro-Alloys Private Limited | ₹40.14 Cr (FY 2025) | •••• | •••• | -27.0% | •••• | Jalna, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Joy Steels by revenue in the Metals and Minerals industry (Metal Retail and Distribution), 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 Joy Steels Private Limited
Joy Steels Private Limited is audited by Ashok K. Bhatia & Co. for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Ashok K. Bhatia & 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 Joy Steels Private Limited
Joy Steels has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ravinder Kaur | Director | 06 Jan 1995 | 31 Years 9 Months | Current |
| Manjit Singh | Managing Director | 06 Jan 1995 | 31 Years 9 Months | Current |
Ownership and Shareholding of Joy Steels Private 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 Joy Steels Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 08 Sep 2008 | State Bank of India | ₹1 Cr | Satisfied |
Total charge records: 1 View all charges
Legal Cases of Joy Steels Private Limited
Joy Steels Private Limited has 1 court case on record: 1 filed by Joy Steels. All case is disposed. Status as checked on 02 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ludhiana, Punjab | Commercial suit | Filed by the company against Muskaan Power Infrastructure Limited | Disposed |
Full case history
All 1 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.
Employees and EPFO Compliance at Joy Steels Private Limited
Employment history and EPFO contributions of people linked to Joy Steels.
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.
Recent Activity on Joy Steels Private Limited
Joy Steels Private Limited has 2 board changes on record since 1995: 2 appointments. The latest: Manjit Singh was appointed as Managing Director on 06 Jan 1995.
Credit Ratings, Litigation & Regulatory Alerts for Joy Steels Private 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.
MSME Payment Delays by Joy Steels Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Joy Steels Private 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 Joy Steels Private Limited
Joy Steels has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 03AAACJ3578R1Z3 | Punjab | Active | 01 Jul 2017 |
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 Joy Steels Private 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 Joy Steels Private Limited
Joy Steels is an active private limited company based in Punjab, India. The company works in metal retail and distribution, within the metals and minerals industry. It was incorporated on 06 January 1995 (31+ years old) and is registered under CIN U27106PB1995PTC015574.
Joy Steels reported revenue of ₹40.45 Cr for FY 2025 (down 1% YoY).
Joy Steels has 2 current directors:
- Manjit Singh - Managing Director
- Ravinder Kaur - Director
Joy Steels reported a net profit of ₹40.69 Lakh (net margin 1%) and EBITDA of ₹63.23 Lakh (EBITDA margin 1.6%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Joy Steels is 3% over three years and 11% over five years. In the latest year (FY 2025) revenue fell 1%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Joy Steels is 03AAACJ3578R1Z3, registered in Punjab.
The CIN (Corporate Identification Number) of Joy Steels is U27106PB1995PTC015574. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Joy Steels has 1 court case on record: 1 filed by the company.
Joy Steels was incorporated on 06 January 1995, making it 31+ years old. It is registered with the Registrar of Companies, Chandigarh.
The peers of Joy Steels by revenue are Grape Marketing Private Limited, Shree Radhey Metacast Private Limited, Indo Steel Impex Private Limited, Siddhi Ispat Private Limited, Dynamic Ship Recyclers Private Limited and 5 more, all in the Metals and Minerals industry (Metal Retail and Distribution).
Manjit Singh was appointed as Managing Director on 06 Jan 1995. Ravinder Kaur was appointed as Director on 06 Jan 1995.