About Madhyachal Steels Pvt Ltd
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Madhyachal Steels Pvt Ltd is a private limited company based in Indore, Madhya Pradesh, India. It operates in the steel manufacturing and processing segment of the metals and mining sector. It was incorporated on 30 November 1990 and has been in existence for over 36 years.
The company is registered with the Registrar of Companies (ROC), Gwalior, under CIN U27106MP1990PTC006119. Its GSTIN is 23AABCM6710H1ZU (Madhya Pradesh). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹1.25 Cr and a paid-up capital of ₹1.05 Cr. It is led by directors Indra Jain and Rahul Jain.
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 Plot No. 7 – A Sector – E Sanwer Road, Indore, Madhya Pradesh, India – 452015.
As per the financials filed for FY 2024, the company reported a revenue of ₹108.13 Cr, a growth of 35% compared to the previous year. For the same year it recorded a net profit of ₹2.65 Cr (net margin 2.5%) and EBITDA of ₹7.28 Cr (EBITDA margin 6.7%). Revenue has grown at a compounded annual rate (CAGR) of 26% over three years and 26% over five years.
The company is associated with 1 brand: Madhyachal Steels. As per MCA filings, the company has open charges of ₹47.87 Cr and satisfied charges of ₹56.45 Cr on record. Court records list 1 case involving the company, including 1 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website madhyachalsteels.com.
Company details
Contact details
Madhyachal Steels Pvt Ltd's registered office is in Indore, Madhya Pradesh. Its website is madhyachalsteels.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressPlot No. 7 – A Sector – E Sanwer Road, Indore, Madhya Pradesh, India – 452015
- IndustryMetals and Minerals, Steel Manufacturing & Processing
To see the full contact details of Madhyachal Steels Pvt Ltd, 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
Madhyachal Steels operates one associated brand: Madhyachal Steels. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Steel production and re-rolling services in India. | madhyachalsteels.com |
Business activity
The main business activity of Madhyachal 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 Madhyachal Steels Pvt Ltd, buy the company report.
Financials of Madhyachal Steels Pvt Ltd
FY 2024 filings availableMadhyachal Steels Pvt Ltd reported revenue of ₹108.13 Cr (up 35% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 26% over five years, including 35% growth in the latest year. EBITDA rose 26% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹7.28 Cr | ||||
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| Net Profit (PAT) | ₹2.65 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 | 6.7% | ||||
| Net Profit Margin | 2.5% | ||||
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To see the full financial statements and ratios of Madhyachal Steels Pvt Ltd, buy the company report.
Board of directors of Madhyachal Steels Pvt Ltd
Madhyachal Steels has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Indra Jain Also directs: Madhyachal Real Estate Private Limited | Director | 12 Jun 2019 | 7 Years 4 Months | Current |
| Rahul Jain Also directs: Madhyachal Real Estate Private Limited | Director | 01 May 2007 | 19 Years 6 Months | Current |
Peer comparison
Madhyachal Steels Pvt Ltd 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.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Jammu Casting Private Limited | ₹108.73 Cr (FY 2025) | -1.0% | Jammu and Kashmir, India | |||
| Om Smelters and Rollers Private Limited | ₹108.4 Cr (FY 2025) | -7.0% | Jhansi, Uttar Pradesh, India | |||
| Madhyachal Steels Pvt Ltdthis company | ₹108.13 Cr (FY 2024) | ₹2.65 Cr | 2.5% | 35.0% | Indore, Madhya Pradesh, India | |
| Rajputana Alloys Private Limited | ₹108.13 Cr (FY 2025) | 13.0% | Gandhinagar, Gujarat, India | |||
| Multiple Special Steel Private Limited | ₹107.69 Cr (FY 2024) | 13.0% | Bangalore, Karnataka, India | |||
| Economic Forge Pvt Ltd | ₹107.65 Cr (FY 2025) | 1.0% | Thane, Maharashtra, India | |||
| Meenakshi Re-Rollers Private Limited | ₹107.62 Cr (FY 2025) | -17.0% | Jhansi, Uttar Pradesh, India |
To see the full peer comparison of Madhyachal Steels Pvt Ltd, buy the company report.
Auditor
Madhyachal Steels Pvt Ltd is audited by Harish Khandelwal & Company for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Harish Khandelwal & Company | FY 2023 | 004116C |
Shareholding
The shareholding of Madhyachal Steels Pvt Ltd 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 Madhyachal Steels Pvt Ltd, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 23 Feb 2023 | 100684983 | State Bank of India | ₹47.71 Cr | Open | |
| 21 Apr 2022 | 100581365 | Others | ₹15.6 Lakh | Open | |
| 08 Jun 2020 | 100345101 | Axis Bank Limited | ₹25.55 Cr | Satisfied | |
| 31 Oct 2015 | 10604874 | Religare Finvest Limited | ₹9.8 Cr | Satisfied | |
| 31 Oct 2015 | 10609838 | Religare Finvest Limited | ₹9.8 Cr | Satisfied |
To see the full charge records of Madhyachal Steels Pvt Ltd, buy the company report.
Total charge records: 10 View all charges
Legal cases
Madhyachal Steels Pvt Ltd has 1 court case on record: 1 filed against it. All case is pending.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed against the company by Tata Capital Ltd | Pending |
To see the full case history of Madhyachal Steels Pvt Ltd, 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 Madhyachal Steels Pvt Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Madhyachal Steels has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 23AABCM6710H1ZU | Madhya Pradesh | Active | 01 Jul 2017 |
| 23AABCM6710H1D3 | Madhya Pradesh | Active | 22 Jan 2025 |
To see the full GST registrations and return filing status of Madhyachal Steels Pvt Ltd, buy the company report.
Recent activity
Madhyachal Steels Pvt Ltd has 6 board changes on record since 2007: 2 appointments and 4 cessations. The latest: Anil Jain ceased to be Additional Director on 30 Dec 2020.
20 earlier events are in the company report.
Frequently asked questions
Madhyachal Steels is an active private limited company based in Indore, Madhya Pradesh, India. The company works in steel manufacturing and processing, within the metals and minerals industry. It was incorporated on 30 November 1990 (36+ years old) and is registered under CIN U27106MP1990PTC006119.
Madhyachal Steels has 2 current directors:
- Indra Jain - Director
- Rahul Jain - Director
The latest financial statements of Madhyachal 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 Madhyachal Steels is 23AABCM6710H1ZU, registered in Madhya Pradesh. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 23AABCM6710H1D3 (Madhya Pradesh).
The CIN (Corporate Identification Number) of Madhyachal Steels is U27106MP1990PTC006119. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Madhyachal Steels has 1 court case on record: 1 filed against it. 1 is pending.
Madhyachal Steels was incorporated on 30 November 1990, making it 36+ years old. It is registered with the Registrar of Companies, Gwalior.
The peers of Madhyachal Steels by revenue are Jammu Casting Private Limited, Om Smelters and Rollers Private Limited, Rajputana Alloys Private Limited, Multiple Special Steel Private Limited, Economic Forge Pvt Ltd and 1 more, all in the Metals and Minerals industry (Steel), with the same principal business activity (metal and metal products).
Anil Jain ceased to be Additional Director on 30 Dec 2020. Indra Jain ceased to be Additional Director on 30 Sep 2019. Indra Jain was appointed as Director on 12 Jun 2019. Madhyachal Steels has 6 board changes on record in total.
Madhyachal Steels can be reached through the website madhyachalsteels.com. Its registered office is in Indore, Madhya Pradesh, India.
The registered office of Madhyachal Steels is at Plot No. 7 – A Sector – E Sanwer Road, Indore, Madhya Pradesh, India – 452015.
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