About K L Rathi Steels Limited
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K L Rathi Steels Limited is a public limited company based in Delhi, India, a subsidiary of Rathi Steels Limited. It operates in the steel manufacturing and processing segment of the metals and mining sector. It was incorporated on 12 July 1972 and has been in existence for over 54 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U27109DL1972PLC006205. Its GSTIN is 08AAACK1141M1ZN (Rajasthan). The company holds 8 GST registrations, of which 3 are active.
The company has an authorised share capital of ₹4 Cr and a paid-up capital of ₹3.14 Cr. It is led by directors including Dhananjay Rathi and Harcharan Singh.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 1/5812 Loni Road Shahdara, Delhi, India – 110032.
As per the financials filed for FY 2025, the company reported a revenue of ₹352.43 Cr, a decline of 17% compared to the previous year. For the same year it recorded a net profit of ₹1.91 Cr (net margin 0.5%) and EBITDA of ₹4.98 Cr (EBITDA margin 1.4%). Revenue has declined at a compounded annual rate (CAGR) of 12% over three years and 8% over five years.
The company has about 199 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: KL Rathi Steels. As per MCA filings, the company has open charges of ₹39.66 Cr and satisfied charges of ₹146.06 Cr on record. Court records list 54 cases involving the company, including 35 filed by the company and 19 filed against it; 9 cases are pending. The company has 6 deals on record (3 secondary share transfers, 2 funding rounds, 1 acquisition), with disclosed funding of ₹23.1 Cr; the latest was in March 2023. Its 7 peer companies in the Metals and Minerals industry (Steel), with the same principal business activity (metal and metal products) are compared by revenue, 3 larger and 4 smaller; the largest is Dadi Ji Steels Private Limited with revenue of ₹355.51 Cr. The company has 8 MSME Form 1 returns on record between 2019 and 2023, listing 31 overdue payments to 9 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website klrathisteels.com.
Company details
Contact details
K L Rathi Steels Limited's registered office is in Delhi, Delhi. Its website is klrathisteels.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address1/5812 Loni Road Shahdara, Delhi, India – 110032
- IndustryMetals and Minerals, Steel Manufacturing & Processing
To see the full contact details of K L Rathi Steels 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
K L Rathi Steels operates one associated brand: KL Rathi Steels. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Produces steel bars, rods, and deformed bars for industrial use. | klrathisteels.com |
Business activity
The main business activity of K L Rathi Steels 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 K L Rathi Steels Limited, buy the company report.
Financials of K L Rathi Steels Limited
FY 2024 filings availableK L Rathi Steels Limited reported revenue of ₹352.43 Cr (down 17% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 8% over five years, including a 17% fall in the latest year. EBITDA rose 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹4.98 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.91 Cr | ||||
| Balance Sheet | |||||
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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 | 1.4% | ||||
| Net Profit Margin | 0.5% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of K L Rathi Steels Limited, buy the company report.
Board of directors of K L Rathi Steels Limited
K L Rathi Steels has 5 current directors and 13 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Dhananjay Rathi Also directs: Rathi Steels Limited | Director | 22 Apr 2021 | 5 Years 6 Months | Current |
| Harcharan Singh Also directs: Rathi Steels Limited, RDK Steels LLP | Director | 01 Mar 2014 | 12 Years 8 Months | Current |
| Ashok Kumar Daga Also directs: G R Buildwel Private Limited, Inca Properties Private Limited, Ashish Holding Pvt Ltd and 1 more | Director | 30 Sep 2019 | 7 Years 1 Months | Current |
| Shalini Saini | Director | 15 Mar 2023 | 3 Years 7 Months | Current |
| Sharad Daga Also directs: Sunrag Holdings Pvt Ltd | Director | 30 Aug 2024 | 2 Years 2 Months | Current |
Peer comparison
K L Rathi Steels Limited is compared with the 7 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 |
|---|---|---|---|---|---|---|
| Dadi Ji Steels Private Limited | ₹355.51 Cr (FY 2025) | -28.0% | Patna, Bihar, India | |||
| Vee Kay Concast Private Limited | ₹354.72 Cr (FY 2025) | 15.0% | Ludhiana, Punjab, India | |||
| Great Eastern Infracon Private Limited | ₹354.38 Cr (FY 2025) | -17.0% | Kolkata, West Bengal, India | |||
| K L Rathi Steels Limitedthis company | ₹352.43 Cr (FY 2025) | ₹1.91 Cr | 0.5% | -17.0% | 199 | Delhi, India |
| Arise Steels Private Limited | ₹351.86 Cr (FY 2025) | -10.0% | Musiri, Tamil Nadu, India | |||
| Tubacex Tubes and Pipes Private Limited | ₹351.61 Cr (FY 2025) | -18.0% | Mumbai, Maharashtra, India | |||
| Bhaskar Steel and Ferro Alloy Private Limited | ₹350.89 Cr (FY 2024) | -14.0% | Lathikata, Odisha, India | |||
| Agarwal Sponge and Energy Private Limited | ₹350.12 Cr (FY 2023) | -12.0% | Bengaluru, Karnataka, India |
To see the full peer comparison of K L Rathi Steels Limited, buy the company report.
Auditor
K L Rathi Steels Limited is audited by R.K Baheti & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| R.K Baheti & Co. | FY 2023 | 010528N |
Shareholding
The shareholding of K L Rathi Steels 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 K L Rathi Steels Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 18 Sep 2025 | 101169831 | Others | ₹15.5 Lakh | Open | |
| 21 Nov 2020 | 100398197 | Others | ₹39.5 Cr | Open | |
| 13 Apr 2013 | 10423831 | Icici Bank Limited | ₹9.7 Lakh | Satisfied | |
| 29 Mar 2012 | 10351865 | Punjab National Bank | ₹5 Cr | Satisfied | |
| 30 Nov 2011 | 10324453 | Punjab National Bank | ₹20 Cr | Satisfied |
To see the full charge records of K L Rathi Steels Limited, buy the company report.
Total charge records: 11 View all charges
Deals & funding
K L Rathi Steels Limited has 6 deals on record (3 secondary share transfers, 2 funding rounds, 1 acquisition), with disclosed funding of ₹23.1 Cr; the latest was in March 2023.
Deals on record (5 of 6)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2023 | Acquisition | Undisclosed | Buyer: Rathi Steels Limited Seller: D R Holdings Private Limited , Abhiman Holdings Private Limited , Dhananjay Holdings Pvt Ltd |
| May 2014 | Funding round | ₹2.7 Cr | Investors: Anupam Pratisthan Limited , Rathi Rod Mills Limited , Rathi Steels Limited |
| Mar 2014 | Secondary share transfer | Undisclosed | Buyer: H K Rathi HUF, Anupam Pratisthan Limited , an individual Seller: Rathi Rod Mills Limited , 2 individuals |
| Mar 2011 | Funding round | ₹20.4 Cr | Investors: Shivam Rerollers Ltd , Hemkunth Industrial Resources Limited , Rathi Rod Mills Limited |
| Mar 2007 | Secondary share transfer | Undisclosed | Buyer: Dhananjay Rathi Huf, Kshitij Rathi Huf, H K Rathi HUF Seller: Rathi Rod Mills Limited , Anupam Pratisthan Limited |
To see the full deal history of K L Rathi Steels 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
K L Rathi Steels Limited has 54 court cases on record: 35 filed by K L Rathi Steels, 19 filed against it. 9 cases are pending and 45 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 24 | 6 | 3 |
| Supreme Court | 12 | 8 | 4 |
| NCLAT | 9 | 0 | 0 |
| District courts | 8 | 4 | 2 |
| NCLT | 1 | 1 | 0 |
Cases on record (5 of 54)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Supreme Court | Court case (3001-Land Acquisition and Requisition : Challenge to land acquisition, lapsing of acquisition, de-reservation, requisition and de-requisition of property and others) | Filed against the company by Govt. of NCT of Delhi THR Secretary, Land and Building Department . | Pending |
| High Court of Delhi | Arbitration matter | Filed against the company by Goyal Housing Developers LLP | Disposed |
| High Court of Delhi | Court case (O.M.P.(I) (COMM.)) | Filed against the company by Goyal Housing Developers LLP | Disposed |
| Supreme Court | Court case (1815-Ordinary Civil Matters : Matters relating to Electricity Dispute(connection/disconnection etc)) | Filed by the company against U.P. Power Corporation Limited Through Its Chairman and Managing Director Shakti Bhawan, 14, Ashoka Marg ,Lucknow , Uttar Pradesh and 7 others | Disposed |
| District court, South East, Delhi | Criminal case | Filed by the company against Enviro Infra Engineers Pvt Ltd Ors | Disposed |
To see the full case history of K L Rathi Steels 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
K L Rathi Steels Limited has 8 MSME Form 1 returns on record between 2019 and 2023, listing 31 overdue payments to 9 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 9)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Shree Balaji Rolling Mills Bhiwani | |||
| an individual supplier | |||
| an individual supplier | |||
| A.K Electric Works | |||
| Ak Electric Works |
To see the full MSME payment records of K L Rathi Steels Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
K L Rathi Steels Limited has a workforce of 199 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
GST
K L Rathi Steels has 8 GST registrations: 3 active and 5 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 08AAACK1141M1ZN | Rajasthan | Active | 01 Jul 2017 |
| 09AAACK1141M1ZL | Uttar Pradesh | Active | 01 Jul 2017 |
| 24AAACK1141M1ZT | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of K L Rathi Steels Limited, buy the company report.
Recent activity
K L Rathi Steels Limited has 18 board changes on record since 2008: 5 appointments and 13 cessations. The latest: Sharad Daga was appointed as Director on 30 Aug 2024.
35 earlier events are in the company report.
Frequently asked questions
K L Rathi Steels is an active public limited company based in Delhi, India. The company works in steel manufacturing and processing, within the metals and minerals industry. It was incorporated on 12 July 1972 (54+ years old) and is registered under CIN U27109DL1972PLC006205.
K L Rathi Steels has 5 current directors:
- Dhananjay Rathi - Director
- Harcharan Singh - Director
- Ashok Kumar Daga - Director
- Shalini Saini - Director
- Sharad Daga - Director
The latest financial statements of K L Rathi Steels on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of K L Rathi Steels is 08AAACK1141M1ZN, registered in Rajasthan. The company has 8 GST registrations in all, of which 3 are active and 5 are cancelled or inactive. Other active GSTINs include 09AAACK1141M1ZL (Uttar Pradesh), 24AAACK1141M1ZT (Gujarat).
The CIN (Corporate Identification Number) of K L Rathi Steels is U27109DL1972PLC006205. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
K L Rathi Steels has 54 court cases on record: 35 filed by the company and 19 filed against it. 9 are pending. Most are in the high courts.
K L Rathi Steels was incorporated on 12 July 1972, making it 54+ years old. It is registered with the Registrar of Companies, Delhi.
K L Rathi Steels has 6 deals on record (3 secondary share transfers, 2 funding rounds, 1 acquisition), with disclosed funding of ₹23.1 Cr; the latest was in March 2023.
The peers of K L Rathi Steels by revenue are Dadi Ji Steels Private Limited, Vee Kay Concast Private Limited, Great Eastern Infracon Private Limited, Arise Steels Private Limited, Tubacex Tubes and Pipes Private Limited and 2 more, all in the Metals and Minerals industry (Steel), with the same principal business activity (metal and metal products).
Sharad Daga was appointed as Director on 30 Aug 2024. Om Prakash Mundra ceased to be Director on 01 Aug 2024. Shalini Saini ceased to be Additional Director on 29 Sep 2023. K L Rathi Steels has 18 board changes on record in total.
K L Rathi Steels has 8 MSME Form 1 returns on record between 2019 and 2023, listing 31 overdue payments to 9 micro and small suppliers. The latest return was filed on 31 Aug 2023.
K L Rathi Steels can be reached through the website klrathisteels.com. Its registered office is in Delhi, India.
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