About Makro Cast Private Limited
Data last updated:
Makro Cast Private Limited is a private limited company based in Krishna, Andhra Pradesh, India. The company is currently under liquidation, meaning its assets are being sold to settle outstanding debts. It may not have the legal capacity to fulfil new contracts. It operates in the die casting and metal forming segment of the manufacturing sector. It was incorporated on 26 July 2004.
The company is registered with the Registrar of Companies (ROC), Vijayawada, under CIN U27109AP2004PTC043747. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹3.6 Cr and a paid-up capital of ₹3.6 Cr. It is led by directors Vykunta Lakshmi Narayana Medarametla (Managing Director) and Srinivasa Babu Patibandla.
Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at S – F6 Geetanjali Apartments Tikkle Road Mogalrajapuram Vijayawada – 10., Krishna, Andhra Pradesh, India.
As per the financials filed for FY 2019, the company reported a revenue of ₹26.65 Cr, a decline of 26% compared to the previous year. For the same year it recorded a net loss of ₹20.15 Cr (net margin -75.6%) and EBITDA of -₹9.2 Cr (EBITDA margin -34.5%). Revenue has declined at a compounded annual rate (CAGR) of 355% over three years and 11% over five years.
As per MCA filings, the company has open charges of ₹63.97 Cr and satisfied charges of ₹9.33 Cr on record. Court records list 41 cases involving the company, including 5 filed by the company and 36 filed against it; 14 cases are pending. The company has 5 deals on record (4 funding rounds, 1 secondary share transfer), with disclosed funding of ₹2.34 Cr; the latest was in March 2014.
The last known website on record is makrocast.in.
Company details
Contact details
Makro Cast Private Limited's registered office is in Krishna, Andhra Pradesh. Its website is makrocast.in. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressS – F6 Geetanjali Apartments Tikkle Road Mogalrajapuram Vijayawada – 10., Krishna, Andhra Pradesh, India
- IndustryManufacturing, Die Casting & Metal Forming
To see the full contact details of Makro Cast 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 Makro Cast Private Limited
FY 2019 filings availableMakro Cast Private Limited reported revenue of ₹26.65 Cr (down 26% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 11% over five years, including a 26% fall 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹26.65 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹9.2 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹20.15 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
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| Trade Payables | |||||
| Total Liabilities | |||||
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| Inventories | |||||
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Financial Ratios
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -34.5% | ||||
| Net Profit Margin | -75.6% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
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| 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 Makro Cast Private Limited, buy the company report.
Board of directors of Makro Cast Private Limited
Makro Cast has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Srinivasa Babu Patibandla | Director | 26 Jul 2004 | 22 Years 3 Months | As last reported |
| Vykunta Lakshmi Narayana Medarametla | Managing Director | 26 Jul 2004 | 22 Years 3 Months | As last reported |
Auditor
Makro Cast Private Limited is audited by PRASAD & CO for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PRASAD & CO | FY 2019 | 002743S |
Shareholding
The shareholding of Makro Cast Private Limited is on record for 5 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Makro Cast Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Aug 2017 | 100119787 | Others | ₹40 Lakh | Open | |
| 02 Jan 2016 | 10614151 | Andhra Bank | ₹1.08 Cr | Open | |
| 21 Apr 2005 | 90128826 | Others | ₹62.49 Cr | Open | |
| 10 Apr 2017 | 100101895 | Others | ₹40 Lakh | Satisfied | |
| 20 May 2013 | 10430217 | Andhra Bank | ₹2 Cr | Satisfied |
To see the full charge records of Makro Cast Private Limited, buy the company report.
Total charge records: 9 View all charges
Deals & funding
Makro Cast Private Limited has 5 deals on record (4 funding rounds, 1 secondary share transfer), with disclosed funding of ₹2.34 Cr; the latest was in March 2014.
Deals on record (5 of 5)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2014 | Funding round | ₹60 Lakh | Investors: 2 individuals |
| Apr 2011 | Funding round | ₹50 Lakh | Investors: 4 individuals |
| Mar 2011 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: 3 individuals |
| Feb 2010 | Funding round | ₹73.6 Lakh | Investors: an individual |
| Sep 2008 | Funding round | ₹50 Lakh | Investors: 4 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Makro Cast Private Limited has 41 court cases on record: 5 filed by Makro Cast, 36 filed against it. 14 cases are pending and 27 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 27 | 26 | 6 |
| High courts | 8 | 4 | 6 |
| NCLAT | 5 | 5 | 2 |
| NCLT | 1 | 1 | 0 |
Cases on record (5 of 41)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Hyderabad Central, Telangana | Criminal complaint | Filed against the company by M/S. Pennar Industries Ltd. | Pending |
| District court, Nagpur, Maharashtra | Civil suit | Filed against the company by MPM Private Ltd | Pending |
| NCLAT, NCLAT Chennai | Insolvency matter | Filed against the company by Pennar Industries Limited | Disposed |
| NCLAT, NCLAT Chennai | Interim or miscellaneous application | Filed against the company by Pennar Industries Limited | Disposed |
| District court, West, Delhi | Civil suit | Filed against the company by Om Logistics Limited | Disposed |
To see the full case history of Makro Cast 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 Makro Cast Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Makro Cast Private Limited has 1 active EPFO establishment as of Apr 04, 2024.
GST
Makro Cast has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Makro Cast Private Limited, buy the company report.
Recent activity
Makro Cast Private Limited has 5 board changes on record since 2004: 2 appointments and 3 cessations. The latest: Birlangi Nagabhushna Rao ceased to be Additional Director on 29 Sep 2015.
12 earlier events are in the company report.
Frequently asked questions
Makro Cast is currently "Under Liquidation" as per MCA records. The company's assets are being sold to settle outstanding debts owed to creditors. A company under liquidation may not have the legal capacity to fulfil new contracts, and creditors are prioritised in the distribution of proceeds. This is a high-risk status - caution is strongly advised.
Makro Cast is a company under liquidation, formerly operating as a private limited company based in Krishna, Andhra Pradesh, India. The company works in die casting and metal forming, within the manufacturing industry. It was incorporated on 26 July 2004 and is registered under CIN U27109AP2004PTC043747. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Makro Cast has 2 current directors:
- Vykunta Lakshmi Narayana Medarametla - Managing Director
- Srinivasa Babu Patibandla - Director
The latest financial statements of Makro Cast on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 30 September 2019. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Makro Cast is U27109AP2004PTC043747. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Makro Cast has open charges of ₹63.97 Cr and satisfied charges of ₹9.33 Cr as per latest MCA filings.
Makro Cast has 41 court cases on record: 5 filed by the company and 36 filed against it. 14 are pending. Most are in the district courts.
Makro Cast was incorporated on 26 July 2004. It is registered with the Registrar of Companies, Vijayawada.
Makro Cast has 5 deals on record (4 funding rounds, 1 secondary share transfer), with disclosed funding of ₹2.34 Cr; the latest was in March 2014.
Birlangi Nagabhushna Rao ceased to be Additional Director on 29 Sep 2015. Krishna Rao Narra ceased to be Additional Director on 31 Mar 2015. Siddhartha Medarametla ceased to be Additional Director on 31 Mar 2015. Makro Cast has 5 board changes on record in total.