About Kamachi Steels Private Limited
Data last updated:
Kamachi Steels Private Limited is a private limited company based in Chennai, Tamil Nadu, India. The company is currently undergoing Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency professional. It operates in the steel manufacturing and processing segment of the metals and mining sector. It was incorporated on 06 April 1995.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U27105TN1995PTC030850. Its GSTIN is 33AAACK4450B1Z7 (Tamil Nadu).
The company has an authorised share capital of ₹15 Cr and a paid-up capital of ₹13.98 Cr. It was formerly known as Kamachi Steels Limited. It is led by directors Vijay Kothari and Sardarmal Kothari.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at 664 T.H.Road Tondiarpet Chennai 600 081, Tamil Nadu, India – 600081.
As per the financials filed for FY 2023, the company reported a revenue of ₹303.8 Cr, a growth of 14% compared to the previous year. For the same year it recorded a net loss of ₹2.53 Cr (net margin -0.8%) and EBITDA of -₹1.61 Cr (EBITDA margin -0.5%). Revenue has declined at a compounded annual rate (CAGR) of 3% over three years and 2% over five years.
The company has about 25 employees on its provident fund (EPFO) records.
The company is associated with 2 brands: Kamachi TMT and Kamachi Group. As per MCA filings, the company has satisfied charges of ₹163.89 Cr on record. Court records list 78 cases involving the company, including 51 filed by the company and 27 filed against it; 10 cases are pending. The company has 8 deals on record (6 funding rounds, 2 secondary share transfers), with disclosed funding of ₹32.91 Cr; the latest was in May 2013. 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, 4 larger and 3 smaller; the largest is Pankaj Ispat Private Limited with revenue of ₹305.53 Cr.
The last known website on record is kamachigroup.com.
Company details
CIN history
Kamachi Steels has one previous CIN (Corporate Identification Number): U27105TN1995PLC030850. The current CIN is U27105TN1995PTC030850, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U27105TN1995PTC030850 | Current |
| U27105TN1995PLC030850 | Previous |
Contact details
Kamachi Steels Private Limited's registered office is in Chennai, Tamil Nadu. Its website is kamachigroup.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address664 T.H.Road Tondiarpet Chennai 600 081, Tamil Nadu, India – 600081
- IndustryMetals and Minerals, Steel Manufacturing & Processing
To see the full contact details of Kamachi Steels Private 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
Kamachi Steels operates two associated brands: Kamachi TMT and Kamachi Group. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufactures and supplies high-quality TMT bars for construction projects using advanced technology. | kamachitmt.com | |
| Infrastructure funding is directed toward energy and steel sectors. | kamachigroup.com |
Business activity
The main business activity of Kamachi 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 Kamachi Steels Private Limited, buy the company report.
Financials of Kamachi Steels Private Limited
FY 2023 filings availableKamachi Steels Private Limited reported revenue of ₹303.8 Cr (up 14% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue rose 14% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 2%. 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹303.8 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹1.61 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹2.53 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
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| Investments | |||||
| Inventories | |||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -0.5% | ||||
| Net Profit Margin | -0.8% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Quick Ratio | |||||
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| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
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| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Kamachi Steels Private Limited, buy the company report.
Board of directors of Kamachi Steels Private Limited
Kamachi Steels has 2 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vijay Kothari Also directs: Earth Gold Agri LLP, Pure Gold Finance Private Limited | Director | 15 Dec 2009 | 16 Years 10 Months | As last reported |
| Sardarmal Kothari Also directs: Goyal Ispat Private Limited, Maa Durga Enterprises Limited, Kamachi Green Energy Limited and 5 more | Director | 06 Apr 1995 | 31 Years 7 Months | As last reported |
Peer comparison
Kamachi Steels Private 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 |
|---|---|---|---|---|---|---|
| Pankaj Ispat Private Limited | ₹305.53 Cr (FY 2025) | -2.0% | Raipur, Chhattisgarh, India | |||
| Shri Laxmi Narayan Real Ispat Private Limited | ₹304.43 Cr (FY 2025) | 31.0% | Raipur, Chhattisgarh, India | |||
| Anindita Steels Limited | ₹304.36 Cr (FY 2024) | 1.0% | Ranchi, Jharkhand, India | |||
| Rayalaseema Industries (India) Private Limited | ₹303.92 Cr (FY 2025) | -9.0% | Hyderabad, Telangana, India | |||
| Kamachi Steels Private Limitedthis company | ₹303.8 Cr (FY 2023) | -₹2.53 Cr | -0.8% | 14.0% | 25 | Chennai, Tamil Nadu, India |
| Jai Mangla Sponge Iron Private Limited | ₹303.61 Cr (FY 2025) | 5.0% | Patna, Bihar, India | |||
| Prabodh Steel Private Limited | ₹303.39 Cr (FY 2025) | 21.0% | Sihor, Gujarat, India | |||
| Krishna Global Transenergy Limited | ₹303.22 Cr (FY 2024) | 37.0% | Bhavnagar, Gujarat, India |
To see the full peer comparison of Kamachi Steels Private Limited, buy the company report.
Auditor
Kamachi Steels Private Limited is audited by M.G.J & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M.G.J & ASSOCIATES | FY 2023 | 018637S |
Shareholding
The shareholding of Kamachi Steels Private 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 Kamachi Steels Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 Jul 2016 | 100045607 | Others | ₹7.7 Lakh | Satisfied | |
| 30 Dec 2011 | 10330861 | Tata Capital Limited | ₹17.43 Lakh | Satisfied | |
| 29 Dec 2011 | 10330859 | Tata Capital Limited | ₹13.75 Lakh | Satisfied | |
| 10 Aug 2010 | 10236791 | Union Bank of India | ₹5 Cr | Satisfied | |
| 06 Oct 2008 | 10131871 | Union Bank of India | ₹5 Cr | Satisfied |
To see the full charge records of Kamachi Steels Private Limited, buy the company report.
Total charge records: 7 View all charges
Deals & funding
Kamachi Steels Private Limited has 8 deals on record (6 funding rounds, 2 secondary share transfers), with disclosed funding of ₹32.91 Cr; the latest was in May 2013.
Deals on record (5 of 8)
| When | Deal | Amount | Parties |
|---|---|---|---|
| May 2013 | Funding round | ₹12.7 Cr | Investors: 4 individuals |
| Mar 2009 | Funding round | ₹28 Lakh | Investors: Kamachi Granites Private Limited |
| Mar 2008 | Funding round | ₹5.5 Cr | Investors: Solanki Texcom Pvt.Ltd. |
| Mar 2007 | Funding round | ₹3.78 Cr | Investors: Solanki Texcom Pvt.Ltd. , Jolly Multi Trade Private Limited , Alka Diamond Industries Limited |
| Nov 2006 | Funding round | ₹7.91 Cr | Investors: Solanki Texcom Pvt.Ltd. , Kush Hindustan Entertainment Limited , Udhan Commericial Private Limited |
To see the full deal history of Kamachi Steels Private 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
Kamachi Steels Private Limited has 78 court cases on record: 51 filed by Kamachi Steels, 27 filed against it. 10 cases are pending and 68 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 70 | 21 | 9 |
| District courts | 5 | 5 | 0 |
| Supreme Court | 3 | 1 | 1 |
Cases on record (5 of 78)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court | Original application | Filed against the company by Messers Kamachi Industries Limited M/S.Madhupreetha Elango, Shreya Chandhok,Aditya V Singh,Abhishek Swaroop,Supraja Raman,Akshaya Ramadurai,Surasika Parthasarathy | Disposed |
| High Court | Appeal | Filed against the company by Messers Kamachi Industries Limited M/S.Madhupreetha Elango, ,Surasika Parthasarathy,Akshaya Ramadurai,Supraja Raman,Abhishek Swaroop,Aditya V Singh,Shreya Chandhok | Disposed |
| High Court | Court case (C.S(COMM DIV)) | Filed against the company by Messers Kamachi Industries Limited M/S Madhupreetha Elango, Mobile: 9819321370,Shreya Chandhok,Aditya V.Singh,Abhishek Swaroop,Supraja Raman,Akshaya Ramadurai,Surasika Parthasarthy | Disposed |
| High Court | Appeal | Filed by the company against Kamachi Industries Limited and 2 others | Disposed |
| District court, Chennai, Tamil Nadu | Civil suit | Filed against the company by Gac Shipping India Pvt Ltd | Disposed |
To see the full case history of Kamachi Steels Private 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 Kamachi Steels Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Kamachi Steels Private Limited has a workforce of 25 employees on its EPFO records as of Mar 21, 2024, across 1 active EPFO establishment.
GST
Kamachi Steels has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAACK4450B1Z7 | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Kamachi Steels Private Limited, buy the company report.
Recent activity
Kamachi Steels Private Limited has 12 board changes on record since 1995: 2 appointments and 10 cessations. The latest: Sardarmal Kothari ceased to be Managing Director on 06 Sep 2021.
19 earlier events are in the company report.
Frequently asked questions
Kamachi Steels is undergoing "Corporate Insolvency Resolution Process" (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency resolution professional. The company may not be able to independently enter into new commitments during this period. This is a high-risk status - verify the resolution status before any engagement.
Kamachi Steels is a company under insolvency, formerly operating as a private limited company based in Chennai, Tamil Nadu, India. The company works in steel manufacturing and processing, within the metals and minerals industry. It was incorporated on 06 April 1995 and is registered under CIN U27105TN1995PTC030850. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Kamachi Steels has 2 current directors:
- Vijay Kothari - Director
- Sardarmal Kothari - Director
The latest financial statements of Kamachi Steels on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Kamachi Steels is U27105TN1995PTC030850. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Kamachi Steels has no open charges and satisfied charges of ₹163.89 Cr as per latest MCA filings.
Kamachi Steels has 78 court cases on record: 51 filed by the company and 27 filed against it. 10 are pending. Most are in the high courts.
Kamachi Steels was incorporated on 06 April 1995. It is registered with the Registrar of Companies, Chennai.
Kamachi Steels has 8 deals on record (6 funding rounds, 2 secondary share transfers), with disclosed funding of ₹32.91 Cr; the latest was in May 2013.
The peers of Kamachi Steels by revenue are Pankaj Ispat Private Limited, Shri Laxmi Narayan Real Ispat Private Limited, Anindita Steels Limited, Rayalaseema Industries (India) Private Limited, Jai Mangla Sponge Iron Private Limited and 2 more, all in the Metals and Minerals industry (Steel), with the same principal business activity (metal and metal products).
Sardarmal Kothari ceased to be Managing Director on 06 Sep 2021. Ghisulal Kothari ceased to be Director on 31 Jan 2020. Kaliappan Venu ceased to be CFO on 31 Jan 2020. Kamachi Steels has 12 board changes on record in total.
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