Madhav Metcast Private Limited
About Madhav Metcast Private Limited
Data last updated:
Madhav Metcast Private Limited is a private limited company based in Bhavnagar, Gujarat, India. It operates in the steel manufacturing and processing segment of the metals and mining sector. It was incorporated on 24 April 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U27106GJ2012PTC070043. Its GSTIN is 24AAHCM8863D1ZC (Gujarat).
The company has an authorised share capital of ₹2.01 Cr and a paid-up capital of ₹2.01 Cr. It is led by directors Talshibhai Ramjibhai Monpara and Rajeshbhai Monpara Odhavjibhai.
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 Plot No.2107/D Office No.202 2nd Floor D & I Excelus Waghawadi Road, Bhavnagar, Gujarat, India – 364001.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.84 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹1.48 Cr (net margin 80.1%) and EBITDA of ₹1.81 Cr (EBITDA margin 98.1%). Revenue has declined at a compounded annual rate (CAGR) of 23% over three years and 48% over five years.
The company has about 1 employee on its provident fund (EPFO) records.
As per MCA filings, the company has satisfied charges of ₹8 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Madhav Metcast Private Limited's registered office is in Bhavnagar, Gujarat. Its e-mail address is in the company report.
- Email
- Registered AddressPlot No.2107/D Office No.202 2nd Floor D & I Excelus Waghawadi Road, Bhavnagar, Gujarat, India – 364001
- IndustryMetals and Minerals, Steel Manufacturing & Processing
To see the full contact details of Madhav Metcast 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
Financials of Madhav Metcast Private Limited
FY 2025 filings availableMadhav Metcast Private Limited reported revenue of ₹1.84 Cr (up 1729% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 48% over five years. 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹1.81 Cr | ||||
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| Net Profit (PAT) | ₹1.48 Cr | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 98.1% | ||||
| Net Profit Margin | 80.1% | ||||
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To see the full financial statements and ratios of Madhav Metcast Private Limited, buy the company report.
Board of directors of Madhav Metcast Private Limited
Madhav Metcast has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Talshibhai Ramjibhai Monpara Also directs: Sardar Laxmi Safe Vault LLP, Sahjanand Home Solutions LLP, Muktanand Builders LLP and 4 more | Director | 26 Jun 2021 | 5 Years 4 Months | Current |
| Rajeshbhai Monpara Odhavjibhai | Director | 26 Jun 2021 | 5 Years 4 Months | Current |
Peer comparison
Madhav Metcast Private Limited is compared with the 5 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 |
|---|---|---|---|---|---|---|
| Steel Bulls India Private Limited | ₹1.86 Cr (FY 2025) | -29.0% | Delhi, India | |||
| Chakan Alloys and Steel Tech Pvt Ltd | ₹1.85 Cr (FY 2025) | 5570.0% | Mumbai, Maharashtra, India | |||
| Madhav Metcast Private Limitedthis company | ₹1.84 Cr (FY 2024) | ₹1.48 Cr | 80.1% | 1729.0% | 1 | Bhavnagar, Gujarat, India |
| Indus Steel and Alloys Limited | ₹1.84 Cr (FY 2025) | 23.0% | Bangalore, Karnataka, India | |||
| SB Steel Refractories Private Limited | ₹1.83 Cr (FY 2025) | -23.0% | Asansol, West Bengal, India | |||
| Drithi Metals Private Limited | ₹1.83 Cr (FY 2024) | -40.0% | Shivpuri, Madhya Pradesh, India |
To see the full peer comparison of Madhav Metcast Private Limited, buy the company report.
Auditor
Madhav Metcast Private Limited is audited by V M SHAH & CO for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| V M SHAH & CO | FY 2018 | 109826W |
Shareholding
The shareholding of Madhav Metcast Private Limited is on record for 3 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Madhav Metcast Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 31 Oct 2018 | 100212757 | Others | ₹50 Lakh | Satisfied | |
| 01 Nov 2012 | 10387770 | Bank of Baroda | ₹7.5 Cr | Satisfied |
To see the full charge records of Madhav Metcast Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
No court or tribunal cases involving Madhav Metcast Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
Credit ratings & regulatory alerts
Madhav Metcast Private Limited was last rated by Icra on 28 Sep 2018.
| Rating agency | Rated on | Rating |
|---|---|---|
| Icra | 28 Sep 2018 |
To see the full credit ratings and regulatory alerts of Madhav Metcast Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Madhav Metcast Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Madhav Metcast Private Limited has a workforce of 1 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.
GST
Madhav Metcast has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAHCM8863D1ZC | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Madhav Metcast Private Limited, buy the company report.
Recent activity
Madhav Metcast Private Limited has 7 board changes on record since 2012: 2 appointments and 5 cessations. The latest: Talshibhai Ramjibhai Monpara ceased to be Additional Director on 30 Nov 2021.
3 earlier events are in the company report.
Frequently asked questions
Madhav Metcast is an active private limited company based in Bhavnagar, Gujarat, India. The company works in steel manufacturing and processing, within the metals and minerals industry. It was incorporated on 24 April 2012 (14+ years old) and is registered under CIN U27106GJ2012PTC070043.
Madhav Metcast has 2 current directors:
- Talshibhai Ramjibhai Monpara - Director
- Rajeshbhai Monpara Odhavjibhai - Director
The latest financial statements of Madhav Metcast on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Madhav Metcast is 24AAHCM8863D1ZC, registered in Gujarat.
The CIN (Corporate Identification Number) of Madhav Metcast is U27106GJ2012PTC070043. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Madhav Metcast was incorporated on 24 April 2012, making it 14+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Madhav Metcast by revenue are Steel Bulls India Private Limited, Chakan Alloys and Steel Tech Pvt Ltd, Indus Steel and Alloys Limited, SB Steel Refractories Private Limited, Drithi Metals Private Limited, all in the Metals and Minerals industry (Steel), with the same principal business activity (metal and metal products).
Talshibhai Ramjibhai Monpara ceased to be Additional Director on 30 Nov 2021. Divya Arvindbhai Monpara ceased to be Director on 05 Jul 2021. Rajeshbhai Monpara Odhavjibhai was appointed as Director on 26 Jun 2021. Madhav Metcast has 7 board changes on record in total.
The registered office of Madhav Metcast is at Plot No.2107D Office No.202 2nd Floor D & I Excelus Waghawadi Road, Bhavnagar, Gujarat, India – 364001.
Madhav Metcast operates in the metals and minerals industry, in the steel manufacturing and processing segment.
Madhav Metcast has no open charges and satisfied charges of ₹8 Cr as per latest MCA filings.
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