Kundil Sponge Iron Limited

Kundil Sponge Iron Limited - metals and minerals in Bicholim, Goa, India. FY 2026 financials and compliance.
CIN U27103GA2004PLC003548 Incorporated 02 July 2004 ROC Goa HQ Bicholim, Goa, India
Active Public Limited Company metals and minerals
Data last updated
Revenue · FY 2023
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Latest filing
EBITDA · FY 2023
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▲ 0.00% YoY
Net profit · FY 2023
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In full report
Authorised capital
₹13 Cr
Registered with MCA
Paid-up capital
₹9.97 Cr
Issued & subscribed
Open charges
₹65.7 Cr
Satisfied ₹45 Lakh
Company age
22 yrs
Est. 2004
Last financials
Mar 2025
Balance sheet date

About Kundil Sponge Iron Limited

Data last updated: 07 January 2026

Kundil Sponge Iron Limited is a public limited company based in Bicholim, Goa, India. It specialises in steel manufacturing and processing, a part of the broader metals and mining sector. Incorporated on 02 July 2004, the company has been in operation for over 22 years.

Registered with ROC Goa under CIN U27103GA2004PLC003548.

Capital: an authorised share capital of ₹13 Cr and a paid-up capital of ₹9.97 Cr. It is led by directors including Ajay Choudhury and Minakshi Choudhury.

Last AGM: 30 September 2025. Financial statements filed for year ended 31 March 2025. Office: Shop No. 9A – 306 Pimple Wada Amona, Bicholim, Goa, India – 403107.

As per MCA filings, the company has open charges of ₹65.7 Cr and satisfied charges of ₹45 Lakh on record.

The current compliance status is marked as active non-compliant by the Registrar of Companies. For more details, the company can be reached via its website kundilgroup.com.

Company Details of Kundil Sponge Iron Limited
CIN U27103GA2004PLC003548
Registration Number 003548
Incorporation Date 02 July 2004
ROC Goa
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Non-Compliant
Key People
Ajay Choudhury Director Minakshi Choudhury Director Pulak Kalita Director
Contact Details
  • Email
    *****@*****.com
  • Telephone
    +91-****-******
  • Website
    kundilgroup.com
  • Social Media
    **************
  • Registered Address
    Shop No. 9A – 306 Pimple Wada Amona, Bicholim, Goa, India – 403107
  • Industry
    Metals and Minerals, Steel Manufacturing & Processing
Company report
Kundil Sponge Iron Limited - full intelligence report
  • Historical Financials and ratios
  • Shareholding pattern and group structure
  • Charges with holder and property details
  • Litigation, compliance and MCA filings
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Financials, compliance, directors, charges, ownership and filings for Kundil Sponge Iron Limited in one report.

10-year financials Directors & ownership Charges & compliance

Business Activity of Kundil Sponge Iron Limited

Kundil Sponge Iron Limited operates primarily in the manufacturing sector. The company has 1 registered business activity segment, reflecting its diverse operational portfolio.

Main Activity Group Code Description of Main Activity Business Activity Code Description of Business Activity Turnover Percentage
********* Manufacturing ********* Metal and metal products *********

Auditor Details of Kundil Sponge Iron Limited

Kundil Sponge Iron Limited is audited by N. V KALEKAR & CO. for the financial year 2023. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.

Name Status Appointment Date Cessation Date
N. V KALEKAR & CO. blur-value blur-value blur-value

Board of Directors of Kundil Sponge Iron Limited

Kundil Sponge Iron Limited is currently managed by 3 directors, with 9 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.

Current Directors
Name Designation Appointment Date Tenure Status
Ajay Choudhury
Also directs: Mandovi Metals Private Limited, Kundil Rolling Mills Private Limited, Kundil Alloys Private Limited. and 3 more
Director 08 May 2023 3 Years 2 Months Current
Minakshi Choudhury
Also directs: Kundil Rolling Mills Private Limited, Kundil Alloys Private Limited., Kundil Dhatu Limited and 2 more
Director 08 May 2023 3 Years 2 Months Current
Pulak Kalita
Also directs: Mandovi Metals Private Limited, Kundil Rolling Mills Private Limited, Kundil Alloys Private Limited. and 4 more
Director 25 Oct 2016 9 Years 8 Months Current
View all directors

Financials of Kundil Sponge Iron Limited FY 2025 filings available

Kundil Sponge Iron Limited reported revenue of ₹- (up ) for FY 2023. Profit growth despite declining revenue indicates effective cost management and margin discipline.

Revenue
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EBITDA
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Revenue
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Revenue Growth %
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Other Income
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Total Revenue
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Expenses
Total Expenses
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Raw Material Cost
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Change in Inventory FG
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Change in Inventory WIP
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Purchase of Traded Goods
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Employee Cost
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Managerial Remuneration
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Audit Fees
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Insurance
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Power & Fuel
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Interest
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Depreciation
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Other Expenses
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Profitability
EBITDA (Operating Profit)
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Operating Margin %
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Exceptional Items
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Extraordinary Items
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Profit Before Exceptional & Extraordinary Items
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Profit Before Tax
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Tax & Net Profit
Tax Expense
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Current Tax
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Deferred Tax
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Profit from Discontinued Operations
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Tax on Discontinued Operations
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Profit
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Net Margin %
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Metrics
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Shareholders' Funds
Total Shareholders' Funds
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Equity Capital
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Reserves & Surplus
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Money Against Warrants
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Other Equity
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Non-Current Liabilities
Total Non-Current Liabilities
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Long-Term Borrowings
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Deferred Tax Liabilities
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Other Non-Current Liabilities
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Long-Term Provisions
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Current Liabilities
Total Current Liabilities
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Short-Term Borrowings
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Trade Payables
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Other Current Liabilities
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Short-Term Provisions
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Total Equity & Liabilities
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Non-Current Assets
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Tangible Assets
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Intangible Assets
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Capital WIP
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Intangibles Under Dev
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Investments
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Deferred Tax Assets
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LT Loans & Advances
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Other Non-Current Assets
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Current Assets
Current Assets
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Current Investments
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Inventories
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Trade Receivables
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Cash & Bank Balance
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ST Loans & Advances
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Total Assets
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Metrics
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Cash from Operating Activities (CFO)
Profit Before Tax
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Non-Cash Adjustments
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+ Interest Expense
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+ Depreciation
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+/- Unrealized Forex
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- Dividend Income
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- Interest Income
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+/- Other Non-Cash Items
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Changes in Working Capital
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+/- Inventory
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Reconciliation Adjustments
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Cash Generated from Operations
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Income Taxes Paid
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Net CFO (Cash from Operations)
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Cash from Investing Activities (CFI)
Acquisitions & Disposals
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Disposal of Subsidiaries
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Acquisition of Subsidiaries
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Capex
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Purchase of Fixed Assets
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Sale of Fixed Assets
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Other Investing Cash Flows
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Equity Issuance
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Debt Raised
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Debt Repaid
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Dividends Paid
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Interest Paid
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Net Cash Position
Net Change in Cash (Pre-Forex)
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Closing Cash & Equivalents
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Metrics
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Liquidity
Current Ratio
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Quick Ratio
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Cash Ratio
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Efficiency
Inventory Days
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Debtor Days
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Creditor Days
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Cash Conversion Cycle
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Asset Turnover
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Profitability
Net Profit Margin %
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Operating Margin %
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ROE %
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ROCE %
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Net Worth Margin %
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Growth
Revenue Growth %
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Leverage
Equity Multiplier
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Debt / EBITDA
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Solvency
D/E Ratio
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ICR
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Consolidated Statements

Income Statement, Balance Sheet, Cash Flow & Ratios available in the full report.

Unlock Complete Financial History (FY 2015 – Latest)
Standalone & Consolidated - Income Statement, Balance Sheet, Cash Flow, Financial Ratios and Growth Trends with 10+ years of line-item data.
10+ years of data Line-item breakdown Balance Sheet detail Cash Flow analysis 20+ ratios & metrics Downloadable PDF

Shareholding Pattern of Kundil Sponge Iron Limited

As of FY 2023, Kundil Sponge Iron Limited's shareholding pattern shows 81.24% by promoters, 18.76% by public shareholders. The promoters hold a majority stake, indicating strong promoter control.

2025
YEAR
38.19% Promoters
25.22% DII (Domestic Institutional)
10.28% FII (Foreign Institutional)
25.89% Public
2.42% Others
Shareholding Trend
Year 2025
Promoters 33.19%
DII 23.22%
FII 18.28%
Public 22.89%
Others 2.42%

Charges & Borrowings of Kundil Sponge Iron Limited

Open charges
₹65.7 Cr
Satisfied charges
₹45 Lakh
Breakdown by lending institutions
Jm Financial Asset Reconstruction Company Private Limited₹56.41 Cr
Indian Overseas Bank₹9.29 Cr
Latest charge details
DateLenderAmountStatus
30 Apr 2011 Indian Overseas Bank ₹49.15 Lakh Open
28 Nov 2005 Indian Overseas Bank ₹8.8 Cr Open
27 Jan 2005 Jm Financial Asset Reconstruction Company Private Limited ₹56.41 Cr Open
08 Jul 2005 Pyramid Finance Limited ₹45 Lakh Satisfied

Total charge records: 4 View all charges

Employees and EPFO Compliance at Kundil Sponge Iron Limited

View historical data on people associated with Kundil Sponge Iron Limited, including employment history and EPFO contributions.

2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026

Employee Count & EPFO Data of Kundil Sponge Iron Limited

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Monthly employee headcount & PF contributions
EPFO establishment details & ECR filing status
Year-wise workforce analytics & attrition trends
PF exemption, coverage & compliance verification

GST Compliance of Kundil Sponge Iron Limited

XX%
Compliant
GSTR-1
GSTR-3B
GSTR-9
MH
KA
UP
TN
TS

GSTIN & GST Filing Data of Kundil Sponge Iron Limited

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GSTIN registrations & state-wise presence
Filing compliance - GSTR-1, GSTR-3B, GSTR-9
HSN/SAC codes with goods & services details
Taxpayer type, jurisdiction & business constitution

Credit Ratings, Litigation & Regulatory Alerts for Kundil Sponge Iron Limited

Credit rating
AAA
AA+
AA
AA-
! !
2015 2017 2019 2021 2023
Litigation
District Court 35
High Court 45
Supreme Court 0
NCLT / NCLAT 0
Pending
Disposed
Regulatory alerts
GSTIN Cancelled
Andhra Pradesh
GSTIN Cancelled
Telangana (on application)
EPFO Delay
12 months delay - Haryana
Violations via Directors
20 MCA + 19 Bank defaults

Credit Ratings, Legal Cases & Regulatory Alerts of Kundil Sponge Iron Limited

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Credit rating history across CARE, ICRA, Brickwork & India Ratings
Instrument-wise ratings, outlook & action timeline
Court-wise litigation (District, High Court, Supreme Court, NCLT)
Group company & common directorship litigation
Statutory compliance alerts (GSTIN, EPFO, ROC)
Director & company violations (MCA, SEBI, Banks, BSE/NSE)

MSME Payment Delays by Kundil Sponge Iron Limited

MSME Payment Delays by Kundil Sponge Iron Limited

Track payments outstanding to micro and small enterprise vendors, as disclosed in half-yearly MSME-1 returns filed with the MCA.

Amounts outstanding to MSME suppliers
Delay periods & reasons for delayed payments
Half-yearly MSME-1 filing history
Vendor-payment behaviour as a counterparty risk signal

Subsidiaries & Group Companies of Kundil Sponge Iron Limited

Subsidiaries & Group Companies of Kundil Sponge Iron Limited

See the full corporate group - holding company, subsidiaries, associates and joint ventures of Kundil Sponge Iron Limited with ownership details.

Holding & parent company details
Subsidiaries & step-down subsidiaries with % holding
Associates & joint ventures with partner details
Investments in other entities year-on-year

MCA Filings & Documents of Kundil Sponge Iron Limited

MCA Filings & Documents of Kundil Sponge Iron Limited

Download official documents filed with the Ministry of Corporate Affairs - from incorporation papers to the latest annual filings.

Incorporation documents, MoA & AoA
Annual returns (MGT-7) & financial statements (AOC-4)
Charge filings (CHG-1, CHG-4) & resolutions
Complete document index with filing dates

Recent Activity on Kundil Sponge Iron Limited

Activity
30 Sep 2025
Kundil Sponge Iron Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Activity
31 Mar 2025
Kundil Sponge Iron Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Goa.
Directors
08 May 2023
Ajay Choudhury was appointed as a Director on 08 May 2023 & has been associated with this company since 3 years 2 months.
Directors
08 May 2023
Minakshi Choudhury was appointed as a Director on 08 May 2023 & has been associated with this company since 3 years 2 months.
Directors
25 Oct 2016
Pulak Kalita was appointed as a Director on 25 Oct 2016 & has been associated with this company since 9 years 8 months.
Charges
26 Mar 2014
A charge with Jm Financial Asset Reconstruction Company Private Limited of Rs. 56.41 Cr registered on 27 Jan 2005 with Charge ID 90065369 was modified on 26 Mar 2014.

Frequently Asked Questions about Kundil Sponge Iron Limited

Kundil Sponge Iron Limited is an active public limited company in the metals and minerals sector based in Bicholim, Goa, India. It was incorporated on 02 July 2004 (22+ years old) and is registered under CIN U27103GA2004PLC003548.

The current directors of Kundil Sponge Iron Limited are:

The primary industry of Kundil Sponge Iron Limited is metals and minerals. The company specifically operates in steel manufacturing and processing. The company is currently active in this sector.

Kundil Sponge Iron Limited can be reached at the registered office: Shop No. 9A – 306 Pimple Wada Amona, Bicholim, Goa, India – 403107, or through the website kundilgroup.com.

The authorised capital is ₹13 Cr, and the paid-up capital is ₹9.97 Cr.

The company has its registered office at Shop No. 9A – 306 Pimple Wada Amona, Bicholim, Goa, India – 403107.

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