MSME (Udyam registered) Ministry of MSME
- Category
- Small (2023-24)
- Udyam number
- UDYAM-KL-10-0007052
Mannarkkad Steels Private Limited - metals and minerals in Palakkad, Kerala, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹54.32 Cr
▼ 20% YoY
Net loss · FY 2024
₹4.36 Cr
Net margin -8%
EBITDA · FY 2024
-₹3.82 Cr
EBITDA margin -7%
Authorised capital
₹1.25 Cr
Registered with MCA
Paid-up capital
₹1.18 Cr
Issued & subscribed
Open charges
₹2 Cr
Satisfied ₹7 Cr
Company age
22 yrs
Est. 2004
Employees · EPFO
50
Provident fund records
About Mannarkkad Steels Private Limited
Data last updated:
Mannarkkad Steels Private Limited is a private limited company based in Palakkad, Kerala, India. It operates in the steel manufacturing and processing segment of the metals and mining sector. It was incorporated on 30 September 2004 and has been in existence for over 22 years.
The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN U27106KL2004PTC017485. Its GSTIN is 32AAECM0278K1ZI (Kerala).
The company has an authorised share capital of ₹1.25 Cr and a paid-up capital of ₹1.18 Cr. It is led by directors Nellikkavattayil Basheer and Pazheriyil Abdul Kareem.
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 VIII – 960 Wise Park Menonpara Road Kanjikode, Palakkad, Kerala, India – 678621.
As per the financials filed for FY 2024, the company reported a revenue of ₹54.32 Cr, a decline of 20% compared to the previous year. For the same year it recorded a net loss of ₹4.36 Cr (net margin -8%) and EBITDA of -₹3.82 Cr (EBITDA margin -7%). Revenue has declined at a compounded annual rate (CAGR) of 8% over three years and 1% over five years.
The company has about 50 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹2 Cr and satisfied charges of ₹7 Cr on record. Court records list 4 cases involving the company, including 2 filed by the company and 2 filed against it.
Mannarkkad Steels Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-KL-10-0007052). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website pazheri.com.
Company details
CIN U27106KL2004PTC017485
Registration Number 017485
Incorporation Date 30 September 2004
ROC Ernakulam
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 Small
Udyam Registration UDYAM-KL-10-0007052
Recognitions & Rankings of Mannarkkad Steels
Contact details
Mannarkkad Steels Private Limited's registered office is in Palakkad, Kerala. Its website is pazheri.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressVIII – 960 Wise Park Menonpara Road Kanjikode, Palakkad, Kerala, India – 678621
- IndustryMetals and Minerals, Steel Manufacturing & Processing
To see the full contact details of Mannarkkad Steels Private Limited, buy the company report.
Comprehensive company report
Mannarkkad Steels 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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Business activity
The main business activity of Mannarkkad 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 Mannarkkad Steels Private Limited, buy the company report.
Financials of Mannarkkad Steels Private Limited
FY 2025 filings availableMannarkkad Steels Private Limited reported revenue of ₹54.32 Cr (down 20% YoY) for FY 2024.
Revenue · FY 2024
₹54.32 Cr ▼ 20%
Net loss · FY 2024
₹4.36 Cr margin -8%
EBITDA · FY 2024
-₹3.82 Cr margin -7%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 20%
3 years · compounded
▲ 8%
5 years · compounded
▼ 1%
EBITDA CAGR growth
1 year
▼ 599%
3 years · compounded
▼ 58%
5 years · compounded
▼ 46%
Revenue has declined at a compounded annual rate (CAGR) of 1% over five years, including a 20% fall in the latest year. EBITDA fell 599% 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 | -₹3.82 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹4.36 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -7% | ||||
| Net Profit Margin | -8% | ||||
| 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 Mannarkkad Steels Private Limited, buy the company report.
Board of directors of Mannarkkad Steels Private Limited
Mannarkkad Steels has 2 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nellikkavattayil Basheer Also directs: Index Steel Private Limited | Director | 15 Apr 2005 | 21 Years 6 Months | Current |
| Pazheriyil Abdul Kareem | Director | 15 Apr 2005 | 21 Years 6 Months | Current |
Peer comparison
Mannarkkad Steels 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.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Virat Acier Private Limited | ₹54.44 Cr (FY 2025) | 2712.0% | Delhi, India | |||
| M. S. A. Steel & Alloys Private Limited | ₹54.36 Cr (FY 2024) | -5.0% | Muzaffarnagar, Uttar Pradesh, India | |||
| Sen Ferro Alloys Private Limited | ₹54.34 Cr (FY 2025) | -57.0% | Kolkata, West Bengal, India | |||
| Mannarkkad Steels Private Limitedthis company | ₹54.32 Cr (FY 2024) | -₹4.36 Cr | -8% | -20.0% | 50 | Palakkad, Kerala, India |
| Jagdamba Ingo-Tech Steel Private Limited | ₹54.29 Cr (FY 2025) | -45.0% | Jamshedpur, Jharkhand, India | |||
| J.R. Ispat Private Limited | ₹54.25 Cr (FY 2024) | -37.0% | Bhavnagar, Gujarat, India | |||
| R P Engineering India Private Limited | ₹54.21 Cr (FY 2025) | 34898.0% | Mandi Gobindgarh, Punjab, India |
To see the full peer comparison of Mannarkkad Steels Private Limited, buy the company report.
Auditor
Mannarkkad Steels Private Limited is audited by C K NAIR & CO CHARTERED ACCOUNTANTS for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| C K NAIR & CO CHARTERED ACCOUNTANTS | FY 2023 | 002299S |
Shareholding
The shareholding of Mannarkkad Steels 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 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 Mannarkkad Steels Private Limited, buy the company report.
Charges & borrowings
Open charges
₹2 Cr
Satisfied charges
₹7 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 17 Feb 2023 | 100691916 | Hdfc Bank Limited | ₹2 Cr | Open | |
| 10 Sep 2005 | 90023211 | Canara Bank | ₹7 Cr | Satisfied |
To see the full charge records of Mannarkkad Steels Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Mannarkkad Steels Private Limited has 4 court cases on record: 2 filed by Mannarkkad Steels, 2 filed against it. All cases are disposed.
Total cases
4
Filed by the company
2
Filed against the company
2
Disposed
4
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 2 | 0 |
| High courts | 2 | 0 | 0 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Palakkad, Kerala | Civil suit | Filed against the company by Western India Kinfra Ltd. | Disposed |
| District court, Palakkad, Kerala | Civil suit | Filed against the company by Western India Kinfra Ltd. | Disposed |
| High Court | Writ petition | Filed by the company against The Assistant Commissioner and 3 others | Disposed |
| High Court | Writ petition | Filed by the company against The Assistant Commissioner [Assessment] and 2 others | Disposed |
To see the full case history of Mannarkkad Steels 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.
Credit ratings & regulatory alerts
Mannarkkad Steels Private Limited was last rated by Crisil on 11 Sep 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 11 Sep 2020 |
To see the full credit ratings and regulatory alerts of Mannarkkad Steels Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Mannarkkad Steels Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Mannarkkad Steels Private Limited has a workforce of 50 employees on its EPFO records as of Apr 05, 2024, across 1 active EPFO establishment.
Employee count
50
Active EPFO establishments
1
Employee growth
-7.41%
GST
Mannarkkad Steels has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 32AAECM0278K1ZI | Kerala | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Mannarkkad Steels Private Limited, buy the company report.
Recent activity
Mannarkkad Steels Private Limited has 9 board changes on record since 2005: 2 appointments and 7 cessations. The latest: Pazheriyil Mohammed Sherief ceased to be Managing Director on 26 Aug 2024.
AGM
Mannarkkad Steels Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge registered on 10 Sep 2005 via Charge ID 90023211 with Canara Bank was fully satisfied on 02 Sep 2025.
Filing
Mannarkkad Steels Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ernakulam.
Ceased
Pazheriyil Mohammed Sherief ceased to be Managing Director.
Ceased
Pothiyil Hamza ceased to be Director.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 2.00 Cr with Charge ID 100691916 was registered on 17 Feb 2023.
Ceased
Kanakkanath Mohammed ceased to be Director.
Ceased
Kozhipariparamban Mohammed Ali ceased to be Director.
Ceased
Pazheriyil Abdulazeez ceased to be Director.
Ceased
Poovan Kavil Muhammedrasheed ceased to be Director.
Ceased
Valiyathodi Kunhimohammed ceased to be Director.
Charges
A charge with Canara Bank of Rs. 7.00 Cr registered on 10 Sep 2005 with Charge ID 90023211 was modified on 11 Aug 2008.
4 earlier events are in the company report.
Frequently asked questions
Mannarkkad Steels is an active private limited company based in Palakkad, Kerala, India. The company works in steel manufacturing and processing, within the metals and minerals industry. It was incorporated on 30 September 2004 (22+ years old) and is registered under CIN U27106KL2004PTC017485.
Mannarkkad Steels has 2 current directors:
- Nellikkavattayil Basheer - Director
- Pazheriyil Abdul Kareem - Director
The latest financial statements of Mannarkkad Steels 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 Mannarkkad Steels is 32AAECM0278K1ZI, registered in Kerala.
The CIN (Corporate Identification Number) of Mannarkkad Steels is U27106KL2004PTC017485. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mannarkkad Steels has 4 court cases on record: 2 filed by the company and 2 filed against it. Most are in the district courts.
Mannarkkad Steels was incorporated on 30 September 2004, making it 22+ years old. It is registered with the Registrar of Companies, Ernakulam.
The peers of Mannarkkad Steels by revenue are Virat Acier Private Limited, M. S. A. Steel & Alloys Private Limited, Sen Ferro Alloys Private Limited, Jagdamba Ingo-Tech Steel Private Limited, J.R. Ispat Private Limited and 1 more, all in the Metals and Minerals industry (Steel), with the same principal business activity (metal and metal products).
Pazheriyil Mohammed Sherief ceased to be Managing Director on 26 Aug 2024. Pothiyil Hamza ceased to be Director on 26 Aug 2024. Kanakkanath Mohammed ceased to be Director on 09 Jan 2023. Mannarkkad Steels has 9 board changes on record in total.
Yes, Mannarkkad Steels is registered as a small enterprise under Udyam registration (number: UDYAM-KL-10-0007052).
Mannarkkad Steels can be reached through the website pazheri.com. Its registered office is in Palakkad, Kerala, India.