Madhusudan Special Sections Private Limited

Madhusudan Special Sections Private Limited - metals and minerals in Ahmedabad, Gujarat, India. FY 2026 financials & compliance.
CIN U27101GJ1990PTC014095 Incorporated 26 July 1990 ROC Ahmedabad HQ Ahmedabad, Gujarat, India
Active Private Limited Company metals and minerals MSME · Medium
Data last updated
Revenue · FY 2025
₹126.93 Cr
▼ 26% YoY
Net loss · FY 2025
₹1.97 Cr
Net margin -1.6%
EBITDA · FY 2025
₹1.28 Cr
EBITDA margin 1%
Authorised capital
₹25 Lakh
Registered with MCA
Paid-up capital
₹24 Lakh
Issued & subscribed
Open charges
₹22.2 Cr
Satisfied ₹37.99 Cr
Company age
36 yrs
Est. 1990
Employees · EPFO
131
Provident fund records

About Madhusudan Special Sections Private Limited

Data last updated:

Madhusudan Special Sections Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the steel manufacturing and processing segment of the metals and mining sector. It was incorporated on 26 July 1990 and has been in existence for over 36 years.

The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U27101GJ1990PTC014095. Its GSTIN is 24AABCM4772B1ZU (Gujarat).

The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹24 Lakh. It is led by directors including Laljibhai Shivjibhai Meghani and Shyam Karsan Raghwani.

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 Survey No.107 108/P Bavla – Sanand Highway Village : Lodariyal Ta. Sanand, Ahmedabad, Gujarat, India – 382220.

As per the financials filed for FY 2025, the company reported a revenue of ₹126.93 Cr, a decline of 26% compared to the previous year. For the same year it recorded a net loss of ₹1.97 Cr (net margin -1.6%) and EBITDA of ₹1.28 Cr (EBITDA margin 1%). Revenue has grown at a compounded annual rate (CAGR) of 2% over three years and 6% over five years.

The company has about 131 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: Madhusudansteel. As per MCA filings, the company has open charges of ₹22.2 Cr and satisfied charges of ₹37.99 Cr on record. Court records list 1 case involving the company, including 1 filed by the company.

Madhusudan Special Sections Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0006392). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website madhusudansteel.com.

Company details

CIN U27101GJ1990PTC014095
Registration Number 014095
Incorporation Date 26 July 1990
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-GJ-01-0006392

CIN history

Madhusudan Special Sections has one previous CIN (Corporate Identification Number): U27101GJ1990PLC014095. The current CIN is U27101GJ1990PTC014095, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U27101GJ1990PTC014095Current
U27101GJ1990PLC014095Previous
Key People
Laljibhai Shivjibhai Meghani Director Shyam Karsan Raghwani Director Karsan Kanji Raghvani Director

Recognitions & Rankings of Madhusudan Special Sections

MSME (Udyam registered) Ministry of MSME
Category
Medium (2024-25)
Udyam number
UDYAM-GJ-01-0006392

Contact details

Madhusudan Special Sections Private Limited's registered office is in Ahmedabad, Gujarat. Its website is madhusudansteel.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    madhusudansteel.com
  • Registered Address
    Survey No.107 108/P Bavla – Sanand Highway Village : Lodariyal Ta. Sanand, Ahmedabad, Gujarat, India – 382220
  • Industry
    Metals and Minerals, Steel Manufacturing & Processing

To see the full contact details of Madhusudan Special Sections Private Limited, buy the company report.

Comprehensive company report
Madhusudan Special Sections Private Limited - one report that includes everything
  • 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
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Brands

Madhusudan Special Sections operates one associated brand: Madhusudansteel. Each brand links to its own profile.

BrandDescriptionWebsite
Madhusudansteel
madhusudansteel.com

Business activity

The main business activity of Madhusudan Special Sections is manufacturing. In detail, this covers metal and metal products.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC7Metal and metal products

To see the full business activity and turnover split of Madhusudan Special Sections Private Limited, buy the company report.

Financials of Madhusudan Special Sections Private Limited

FY 2025 filings available

Madhusudan Special Sections Private Limited reported revenue of ₹126.93 Cr (down 26% YoY) for FY 2025.

Revenue · FY 2025
₹126.93 Cr ▼ 26%
Net loss · FY 2025
₹1.97 Cr margin -1.6%
EBITDA · FY 2025
₹1.28 Cr margin 1%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 26%
3 years · compounded
▼ 2%
5 years · compounded
▲ 6%
EBITDA CAGR growth
1 year
▲ 394%
3 years · compounded
▼ 39%
5 years · compounded
▼ 32%

Revenue fell 26% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 6%. EBITDA rose 394% 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 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₹1.28 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹1.97 Cr
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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin1%
Net Profit Margin-1.6%
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

To see the full financial statements and ratios of Madhusudan Special Sections Private Limited, buy the company report.

Board of directors of Madhusudan Special Sections Private Limited

Madhusudan Special Sections has 3 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Laljibhai Shivjibhai MeghaniDirector30 Jun 199729 Years 4 MonthsCurrent
Shyam Karsan Raghwani
Also directs: Raghwani Infracon LLP
Director17 Dec 200520 Years 10 MonthsCurrent
Karsan Kanji Raghvani
Also directs: Raghwani Infracon LLP, Shrimate Infrastructure LLP, Shaligram Properties LLP
Director30 Jun 199729 Years 4 MonthsCurrent
View all directors

Peer comparison

Madhusudan Special Sections Private Limited is compared with the 6 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.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Shree Devkinandan Metals Private Limited₹127.26 Cr (FY 2025)6.0%Gandhinagar, Gujarat, India
Smridhi Sponge Limited₹127.25 Cr (FY 2025)3.0%Kolkata, West Bengal, India
Durga Concast Private Limited₹127.24 Cr (FY 2023)1.0%Ludhiana, Punjab, India
Madhusudan Special Sections Private Limitedthis company₹126.93 Cr (FY 2025)-₹1.97 Cr-1.6%-26.0%131Ahmedabad, Gujarat, India
L N Metallics Private Limited₹126.61 Cr (FY 2025)-2.0%Kolkata, West Bengal, India
Tarun International Limited₹126.32 Cr (FY 2025)7.0%Delhi, India
M.I. Alloys Private Limited₹126.12 Cr (FY 2025)23.0%Ahmedabad, Gujarat, India

To see the full peer comparison of Madhusudan Special Sections Private Limited, buy the company report.

Auditor

Madhusudan Special Sections Private Limited is audited by D.I. Somaiya & Associates for the financial year 2023.

Auditor firmFinancial yearFirm registration number
D.I. Somaiya & AssociatesFY 2023124437W

Shareholding

The shareholding of Madhusudan Special Sections 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 categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Madhusudan Special Sections Private Limited, buy the company report.

Charges & borrowings

Open charges
₹22.2 Cr
Satisfied charges
₹37.99 Cr
Breakdown by lending institutions
Others₹17.20 Cr
Bank of India₹5.00 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
25 Mar 2023100724531Others₹1.85 CrOpen
25 May 2016100064814Bank of India₹5 CrOpen
24 Nov 201210389669Others₹15.35 CrOpen
31 Jul 2010102326093I Infotech Trusteeship Services Limited₹10.64 CrSatisfied
31 May 2010102222003I Infotech Trusteeship Services Limited₹10.5 CrSatisfied

To see the full charge records of Madhusudan Special Sections Private Limited, buy the company report.

Total charge records: 9 View all charges

MSME payment delays

Madhusudan Special Sections Private Limited has 7 MSME Form 1 returns on record between 2019 and 2023, listing 109 overdue payments to 21 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 21)

SupplierAmount dueDue sinceReported on
an individual supplier
an individual supplier
an individual supplier
Vijaylaxmi Hardware
Aquarius

To see the full MSME payment records of Madhusudan Special Sections Private Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

Employees & EPFO

Madhusudan Special Sections Private Limited has a workforce of 131 employees on its EPFO records as of Sep 25, 2025, across 1 active EPFO establishment.

Employee count
131
Active EPFO establishments
1
Employee growth
4.8%

GST

Madhusudan Special Sections has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
24AABCM4772B1ZUGujaratActive01 Jul 2017

To see the full GST registrations and return filing status of Madhusudan Special Sections Private Limited, buy the company report.

Recent activity

Madhusudan Special Sections Private Limited has 15 board changes on record since 1997: 9 appointments and 6 cessations. The latest: Manji Kanji Bhimji Raghwani ceased to be Director on 12 Nov 2024.

AGM
Madhusudan Special Sections Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Madhusudan Special Sections Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Ceased
Manji Kanji Bhimji Raghwani ceased to be Director.
Charges
A charge with Others of Rs. 1,535.00 Lakh registered on 24 Nov 2012 with Charge ID 10389669 was modified on 05 May 2023.
Charges
A charge with Others amounted to Rs. 185.00 Lakh with Charge ID 100724531 was registered on 25 Mar 2023.
Charges
A charge registered on 31 May 2010 via Charge ID 10222200 with 3I Infotech Trusteeship Services Limited was fully satisfied on 23 Dec 2022.
Ceased
Dhanji Laxmanbhai Bhimji Raghwani ceased to be Director.
Ceased
Laxmanbhai Bhimji Karsan Raghwani ceased to be Director.
Ceased
Naran Kanji Bhimji Raghvani ceased to be Director.
Appointed
Dhanji Laxmanbhai Bhimji Raghwani was appointed as Director.
Charges
A charge with Bank Of India amounted to Rs. 500.00 Lakh with Charge ID 100064814 was registered on 25 May 2016.
Ceased
Dhanji Premji Raghwani ceased to be Director.

28 earlier events are in the company report.

Frequently asked questions

Madhusudan Special Sections is an active private limited company based in Ahmedabad, Gujarat, India. The company works in steel manufacturing and processing, within the metals and minerals industry. It was incorporated on 26 July 1990 (36+ years old) and is registered under CIN U27101GJ1990PTC014095.

Madhusudan Special Sections has 3 current directors:

The latest financial statements of Madhusudan Special Sections 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 Madhusudan Special Sections is 24AABCM4772B1ZU, registered in Gujarat.

The CIN (Corporate Identification Number) of Madhusudan Special Sections is U27101GJ1990PTC014095. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Madhusudan Special Sections has 1 court case on record: 1 filed by the company.

Madhusudan Special Sections was incorporated on 26 July 1990, making it 36+ years old. It is registered with the Registrar of Companies, Ahmedabad.

The peers of Madhusudan Special Sections by revenue are Shree Devkinandan Metals Private Limited, Smridhi Sponge Limited, Durga Concast Private Limited, L N Metallics Private Limited, Tarun International Limited and 1 more, all in the Metals and Minerals industry (Steel), with the same principal business activity (metal and metal products).

Manji Kanji Bhimji Raghwani ceased to be Director on 12 Nov 2024. Dhanji Laxmanbhai Bhimji Raghwani ceased to be Director on 27 Jul 2021. Laxmanbhai Bhimji Karsan Raghwani ceased to be Director on 10 Dec 2016. Madhusudan Special Sections has 15 board changes on record in total.

Yes, Madhusudan Special Sections is registered as a medium enterprise under Udyam registration (number: UDYAM-GJ-01-0006392).

Madhusudan Special Sections has 7 MSME Form 1 returns on record between 2019 and 2023, listing 109 overdue payments to 21 micro and small suppliers. The latest return was filed on 21 Jan 2024.

Madhusudan Special Sections can be reached through the website madhusudansteel.com. Its registered office is in Ahmedabad, Gujarat, India.