- Category
- Medium (2024-25)
- Udyam number
- UDYAM-TN-07-0031340

Madrasmines Private Limited
About Madrasmines Private Limited
Data last updated:
Madrasmines Private Limited is a private limited company based in Erode, Tamil Nadu, India. It operates in the mining and mineral extraction segment of the metals and mining sector. It was incorporated on 28 September 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Coimbatore, under CIN U14200TZ2021PTC037144.
The company has an authorised share capital of ₹1.25 Cr and a paid-up capital of ₹1.2 Cr. It is led by directors including Shanmugam Dhinesh (Managing Director) and Shanmugam Mahendran.
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 Erode, Tamil Nadu.
As per the financials filed for FY 2024, the company reported a revenue of ₹33.79 Cr, a decline of 4% compared to the previous year. For the same year it recorded a net profit of ₹2.17 Cr (net margin 6.4%) and EBITDA of ₹5.24 Cr (EBITDA margin 15.5%).
The company has about 6 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹12.27 Cr on record. Court records list 1 case involving the company, including 1 filed by the company; 1 case is pending.
Madrasmines Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-07-0031340). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Recognitions & Rankings of Madrasmines
Contact details
Madrasmines Private Limited's registered office is in Erode, Tamil Nadu.
- Registered Address167/1 Muthugoundenpalayam Ring Road, Punjai Lakkapuram, Erode, Tamil Nadu, India – 638104
- IndustryMetals and Minerals, Mining & Mineral Extraction
- 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
Business activity
The main business activity of Madrasmines is mining and quarrying. In detail, this covers other mining & quarrying activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| B | Mining and quarrying | B4 | Other Mining & Quarrying Activities |
To see the full business activity and turnover split of Madrasmines Private Limited, buy the company report.
Financials of Madrasmines Private Limited
FY 2024 filings availableMadrasmines Private Limited reported revenue of ₹33.79 Cr (down 4% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue fell 4% in the latest year. EBITDA rose 12% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 |
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| EBITDA | ₹5.24 Cr | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | ₹2.17 Cr | ||
| Balance Sheet | |||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 15.5% | ||
| Net Profit Margin | 6.4% | ||
| Return on Equity (ROE) | |||
| Return on Capital Employed (ROCE) | |||
| Return on Assets (ROA) | |||
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To see the full financial statements and ratios of Madrasmines Private Limited, buy the company report.
Board of directors of Madrasmines Private Limited
Madrasmines has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shanmugam Dhinesh | Managing Director | 28 Sep 2021 | 5 Years 1 Months | Current |
| Shanmugam Mahendran | Director | 28 Sep 2021 | 5 Years 1 Months | Current |
| Easwaramurthy Saravanan Also directs: Madras Mines India Private Limited, Madras Solar Power Private Limited, Radiant Energy Private Limited and 1 more | Director | 28 Sep 2021 | 5 Years 1 Months | Current |
Peer comparison
Madrasmines Private Limited is compared with the 5 companies closest to it by revenue in the Metals and Minerals industry (Mining), with the same principal business activity (other mining & quarrying activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Ever-One Properties India Private Limited | ₹34.83 Cr (FY 2025) | 46.0% | Kothamangalam, Kerala, India | |||
| Saurashtra Calcine Bauxite and Allied Industries Ltd | ₹34.45 Cr (FY 2025) | 51.0% | Porbandar, Gujarat, India | |||
| Madrasmines Private Limitedthis company | ₹33.79 Cr (FY 2024) | ₹2.17 Cr | 6.4% | -4.0% | Erode, Tamil Nadu, India | |
| Khetan Business Corporation Pvt Ltd | ₹33.26 Cr (FY 2025) | 5.0% | Marine Lines, Maharashtra, India | |||
| Royale Natural Stones Private Limited | ₹33.05 Cr (FY 2025) | 74.0% | Gwalior, Madhya Pradesh, India | |||
| Rockfield Estates Private Limited | ₹32.92 Cr (FY 2024) | -20.0% | Pampady, Kerala, India |
To see the full peer comparison of Madrasmines Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 03 Jul 2025 | 101126920 | Others | ₹72 Lakh | Open | |
| 06 Feb 2025 | 101053361 | Hdfc Bank Limited | ₹2.71 Cr | Open | |
| 19 Jul 2024 | 100959151 | Others | ₹6 Cr | Open | |
| 31 Dec 2022 | 100666887 | Others | ₹83.89 Lakh | Open | |
| 02 Dec 2022 | 100657924 | Others | ₹97.76 Lakh | Open |
To see the full charge records of Madrasmines Private Limited, buy the company report.
Total charge records: 6 View all charges
Legal cases
Madrasmines Private Limited has 1 court case on record: 1 filed by Madrasmines. All case is pending.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Erode, Tamil Nadu | Court case (COS) | Filed by the company against Adityaram Propriator Private Ltd | Pending |
To see the full case history of Madrasmines 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 Madrasmines Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Madrasmines Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Madrasmines Private Limited has 5 board changes on record since 2021: 3 appointments and 2 cessations. The latest: Markonda Reddiar Ramakrishnan ceased to be Managing Director on 27 Jun 2024.
3 earlier events are in the company report.
Frequently asked questions
Madrasmines is an active private limited company based in Erode, Tamil Nadu, India. The company works in mining and mineral extraction, within the metals and minerals industry. It was incorporated on 28 September 2021 (5+ years old) and is registered under CIN U14200TZ2021PTC037144.
Madrasmines has 3 current directors:
- Shanmugam Dhinesh - Managing Director
- Shanmugam Mahendran - Director
- Easwaramurthy Saravanan - Director
The latest financial statements of Madrasmines 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 FY 2022 are in the company report.
The CIN (Corporate Identification Number) of Madrasmines is U14200TZ2021PTC037144. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Madrasmines has 1 court case on record: 1 filed by the company. 1 is pending.
Madrasmines was incorporated on 28 September 2021, making it 5+ years old. It is registered with the Registrar of Companies, Coimbatore.
The peers of Madrasmines by revenue are Ever-One Properties India Private Limited, Saurashtra Calcine Bauxite and Allied Industries Ltd, Khetan Business Corporation Pvt Ltd, Royale Natural Stones Private Limited, Rockfield Estates Private Limited, all in the Metals and Minerals industry (Mining), with the same principal business activity (other mining & quarrying activities).
Markonda Reddiar Ramakrishnan ceased to be Managing Director on 27 Jun 2024. Shanmugam Dhinesh ceased to be Director on 26 Jun 2024. Easwaramurthy Saravanan was appointed as Director on 28 Sep 2021. Madrasmines has 5 board changes on record in total.
Yes, Madrasmines is registered as a medium enterprise under Udyam registration (number: UDYAM-TN-07-0031340).
The registered office of Madrasmines is at 1671 Muthugoundenpalayam Ring Road, Punjai Lakkapuram, Erode, Tamil Nadu, India – 638104.
Madrasmines operates in the metals and minerals industry, in the mining and mineral extraction segment.

