About Malco Energy Limited
Data last updated:
Malco Energy Limited is a public limited company based in Mumbai, Maharashtra, India, a subsidiary of Vedanta Limited. It operates in the metalworking segment of the metals and mining sector. It was incorporated on 18 January 2001 and has been in existence for over 25 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U31300MH2001PLC428719. Its GSTIN is 33AAHCS6896A1Z8 (Tamil Nadu). The company holds 16 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹301 Cr and a paid-up capital of ₹4.67 Cr. It was formerly known as Vedanta Alumina Limited and Sterlite Transmission Limited. It is led by directors including Narayanaswamy Alampallam Ramakrishnan and Navin Kumar Jaju.
Its last annual general meeting (AGM) was held on 20 June 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2023, the company reported a revenue of ₹543.16 Cr, a growth of 149% compared to the previous year. For the same year it recorded a net loss of ₹266.87 Cr (net margin -49.1%) and EBITDA of -₹215.06 Cr (EBITDA margin -39.6%). Revenue has grown at a compounded annual rate (CAGR) of 293% over three years and 85% over five years.
The company has about 80 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Vedantanickel. As per MCA filings, the company has open charges of ₹1,110 Cr and satisfied charges of ₹23,361 Cr on record. Court records list 196 cases involving the company, including 82 filed by the company and 114 filed against it; 43 cases are 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 malcoenergylimited.com.
Company details
Name history
Malco Energy has undergone 3 name changes throughout its history. The company was previously known as Vedanta Alumina Limited, Sterlite Transmission Limited, and Vedanta Aluminium Limited. The current legal name is Malco Energy Limited.
| Company Name | Status |
|---|---|
| Malco Energy Limited | Current |
| Vedanta Alumina Limited | Previous |
| Sterlite Transmission Limited | Previous |
| Vedanta Aluminium Limited | Previous |
CIN history
Malco Energy has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U31300MH2001PLC428719, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U31300MH2001PLC428719 | Current |
| U31300TN2001PLC069645 | Previous |
| U31300MH2001PLC130494 | Previous |
Contact details
Malco Energy Limited's registered office is in Mumbai, Maharashtra.
- Social Media
- Registered AddressC – 103 Atul Projects – Corporate Avenue, New Link Road Chakala Andheri (E), Mumbai, Maharashtra, India – 400093
- IndustryMetal & Minerals, Metalworking
- 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
Malco Energy operates one associated brand: Vedantanickel. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufactures and supplies industrial chemicals including nickel, cobalt, and sodium sulfate products. | vedantanickel.in |
Financials of Malco Energy Limited
FY 2025 filings availableMalco Energy Limited reported revenue of ₹543.16 Cr (up 149% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 85% over five years, including 149% growth 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹543.16 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹215.06 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹266.87 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
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -39.6% | ||||
| Net Profit Margin | -49.1% | ||||
| 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 Malco Energy Limited, buy the company report.
Board of directors of Malco Energy Limited
Malco Energy has 3 current directors and 20 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Navin Kumar Jaju Also directs: Sesa Resources Limited, Sesa Mining Corporation Limited, Sesa Iron and Steel Limited and 4 more | Additional Director | 22 Jul 2021 | 5 Years 3 Months | Current |
| Angusamy Sumathi | Additional Director | 30 Mar 2015 | 11 Years 7 Months | Current |
| Narayanaswamy Alampallam Ramakrishnan Also directs: Sesa Resources Limited, Sesa Mining Corporation Limited, Sesa Iron and Steel Limited and 5 more | Director | 29 Oct 2022 | 4 Years 0 Months | Current |
Peer comparison
Malco Energy Limited is compared with the 5 companies closest to it by revenue in the Metals and Minerals industry (Other Minerals), 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 |
|---|---|---|---|---|---|---|
| Malco Energy Limitedthis company | ₹543.16 Cr (FY 2023) | -₹266.87 Cr | -49.1% | 149.0% | Mumbai, Maharashtra, India | |
| R S Metscraps Private Limited | ₹227.11 Cr (FY 2025) | -2.0% | Delhi, India | |||
| Jainam Ferro Alloys (I) Limited | ₹226.76 Cr (FY 2025) | 16.0% | Raipur, Chhattisgarh, India | |||
| KSJ Recyclers Private Limited | ₹218.65 Cr (FY 2025) | -6.0% | Chennai, Tamil Nadu, India | |||
| SK Minerals & Additives Limited | ₹212.15 Cr (FY 2025) | 95.0% | Khanna, Punjab, India | |||
| Manmohan Minerals & Chemicals Private Limited | ₹208.7 Cr (FY 2025) | 19.0% | Nagpur, Maharashtra, India |
To see the full peer comparison of Malco Energy Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 17 Oct 2022 | 100625590 | Others | ₹350 Cr | Open | |
| 18 Aug 2022 | 100613747 | Yes Bank Limited | ₹150 Cr | Open | |
| 25 May 2022 | 100583569 | Others | ₹110 Cr | Open | |
| 05 Apr 2011 | 10282496 | Sbicap Trustee Company Limited | ₹500 Cr | Open | |
| 03 Jul 2015 | 10581668 | Icici Bank Limited | ₹100 Cr | Satisfied |
To see the full charge records of Malco Energy Limited, buy the company report.
Total charge records: 29 View all charges
Legal cases
Malco Energy Limited has 196 court cases on record: 82 filed by Malco Energy, 114 filed against it. 43 cases are pending and 153 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 143 | 72 | 37 |
| District courts | 36 | 34 | 2 |
| Supreme Court | 17 | 8 | 4 |
Cases on record (5 of 196)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Supreme Court | Court case (1601-Direct Taxation : Income Tax Act, 1961, Wealth Tax Act, 1957, Gift Tax Act, 1958, Excess Profits Tax Act, 1940, Business Profit Tax Act, 1947 [other than matters covered by categories 1602-1605]) | Filed by the company against Assistant Commissioner of Income Tax Circle and 2 others | Disposed |
| Madras High Court | Interim or miscellaneous application | Filed by the company against Tamil Nadu Power Distribution Corporation Limited (Tnpdcl) | Pending |
| Madras High Court | Interim or miscellaneous application | Filed by the company against Tamil Nadu Power Distribution Corporation Limited (Tnpdcl) | Disposed |
| Madras High Court | Writ petition | Filed by the company against Tamil Nadu Power Distribution Corporation Limited (Tnpdcl) | Disposed |
| High Court of Orissa | Court case (MACA) | Filed against the company | Pending |
To see the full case history of Malco Energy 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 Malco Energy Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Malco Energy has 16 GST registrations: 2 active and 14 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAHCS6896A1Z8 | Tamil Nadu | Active | 01 Jul 2017 |
| 24AAHCS6896A2Z6 | Gujarat | Active | 04 Jun 2021 |
To see the full GST registrations and return filing status of Malco Energy Limited, buy the company report.
Recent activity
Malco Energy Limited has 23 board changes on record since 2006: 3 appointments and 20 cessations. The latest: Narayanaswamy Alampallam Ramakrishnan was appointed as Director on 29 Oct 2022.
75 earlier events are in the company report.
News
Frequently asked questions
Malco Energy is an active public limited company based in Mumbai, Maharashtra, India. The company works in metalworking, within the metal and minerals industry. It was incorporated on 18 January 2001 (25+ years old) and is registered under CIN U31300MH2001PLC428719.
Malco Energy has 3 current directors:
- Navin Kumar Jaju - Additional Director
- Angusamy Sumathi - Additional Director
- Narayanaswamy Alampallam Ramakrishnan - Director
The latest financial statements of Malco Energy on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 20 June 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Malco Energy is 33AAHCS6896A1Z8, registered in Tamil Nadu. The company has 16 GST registrations in all, of which 2 are active and 14 are cancelled or inactive. Other active GSTINs include 24AAHCS6896A2Z6 (Gujarat).
The CIN (Corporate Identification Number) of Malco Energy is U31300MH2001PLC428719. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Malco Energy has 196 court cases on record: 82 filed by the company and 114 filed against it. 43 are pending. Most are in the high courts.
Malco Energy was incorporated on 18 January 2001, making it 25+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Malco Energy by revenue are R S Metscraps Private Limited, Jainam Ferro Alloys (I) Limited, KSJ Recyclers Private Limited, SK Minerals & Additives Limited, Manmohan Minerals & Chemicals Private Limited, all in the Metals and Minerals industry (Other Minerals), with the same principal business activity (metal and metal products).
Narayanaswamy Alampallam Ramakrishnan was appointed as Director on 29 Oct 2022. Anand Soni ceased to be Additional Director on 12 Aug 2021. Navin Kumar Jaju ceased to be Additional Director on 12 Aug 2021. Malco Energy has 23 board changes on record in total.
Malco Energy can be reached through the website malcoenergylimited.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Malco Energy is at C – 103 Atul Projects – Corporate Avenue, New Link Road Chakala Andheri E, Mumbai, Maharashtra, India – 400093.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
