About Metalex Cryogenics Limited
Data last updated:
Metalex Cryogenics Limited is a public limited company based in Navi Mumbai, Maharashtra, India. It operates in the industrial compressors and pneumatic systems segment of the machinery and industrial equipment sector. It was incorporated on 16 May 1997 and has been in existence for over 29 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U29100MH1997PLC108104. Its GSTIN is 27AABCM9527A1ZN (Maharashtra). The company holds 5 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh. It was formerly known as Metalex Process Equipments (India) Private Limited and Metalex Cryogenics Private Limited. It is led by directors including Veeraj Samir Shah (Whole-Time Director) and Samir Sharad Shah (Whole-Time Director).
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 Sector 14, Navi Mumbai, Maharashtra.
As per the financials filed for FY 2024, the company reported a revenue of ₹14.78 Cr, a decline of 5% compared to the previous year. For the same year it recorded a net profit of ₹28.43 Lakh (net margin 1.9%) and EBITDA of ₹1.27 Cr (EBITDA margin 8.6%). Revenue has grown at a compounded annual rate (CAGR) of 13% over three years and 6% over five years.
The company has about 19 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹92.18 Lakh and satisfied charges of ₹6.04 Cr on record. Court records list 4 cases involving the company, including 4 filed against it; 2 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 metalexgroup.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressAkhurath Co – Op Hsg Soc Ltd Shop No30 Plot No.11 Sector 14 Off Palm Beach Rd Vashi – Sanap, Ada, Navi Mumbai, Maharashtra, India – 400705
- IndustryMachinery and Equipment, Industrial Compressors & Pneumatic Systems
- 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
- One PDF report, delivered after checkout
Business Activity of Metalex Cryogenics Limited
The main business activity of Metalex Cryogenics is manufacturing. In detail, this covers metal and metal products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Metalex Cryogenics Limited FY 2024 filings available
Metalex Cryogenics Limited reported revenue of ₹14.78 Cr (down 5% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Metalex Cryogenics Limited
Revenue fell 5% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 6%. EBITDA fell 14% 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 of Metalex Cryogenics Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹1.27 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹28.43 Lakh | •••• | •••• | •••• | •••• |
| 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 of Metalex Cryogenics Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 8.6% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 1.9% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Metalex Cryogenics are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Metalex Cryogenics Limited
Metalex Cryogenics Limited is compared with the companies closest to it by revenue in the Machinery and Equipment industry (Compressors, Engineering Procurement and Construction). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| LCT Projects Private Limited | •••• | •••• | •••• | •••• | - | Ameerpet, Telangana, India |
| Samirika Infrastructure Private Limited | •••• | •••• | •••• | •••• | - | Vadodara, Gujarat, India |
| Sap Enprocon Private Limited | •••• | •••• | •••• | •••• | - | Ahmedabad, Gujarat, India |
| Cubes Contracts and Engineering Private Limited | •••• | •••• | •••• | •••• | - | Uppal, Telangana, India |
| Chalcedony Controls & Instrumentation Private Limited | •••• | •••• | •••• | •••• | - | Chennai, Tamil Nadu, India |
| Metalex Cryogenics Limited this company | •••• | •••• | •••• | •••• | - | Navi Mumbai, Maharashtra, India |
| Gravity Concrete Solutions Private Limited | •••• | •••• | •••• | •••• | - | Jammu, Jammu & Kashmir, India |
| Bil Infratech Limited | •••• | •••• | •••• | •••• | 19 | Kolkata, West Bengal, India |
| Prince Engeetech Technical Services Private Limited | •••• | •••• | •••• | •••• | 419 | Surat, Gujarat, India |
| SPB Projects and Consultancy Ltd | •••• | •••• | •••• | •••• | - | Esvin House, Perungudi, Madras, Tamil Nadu, India |
| Vertex Air Technologies Private Limited | •••• | •••• | •••• | •••• | 11 | Hyderabad, Telangana, India |
Peers are the five companies nearest above and the five nearest below Metalex Cryogenics by revenue in the Machinery and Equipment industry (Compressors, Engineering Procurement and Construction), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Auditor Details of Metalex Cryogenics Limited
Metalex Cryogenics Limited is audited by SANDEEP SHETH AND ASSOCIATES for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| SANDEEP SHETH AND ASSOCIATES | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Metalex Cryogenics Limited
Metalex Cryogenics 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 |
|---|---|---|---|---|
| Veeraj Samir Shah | Whole-Time Director | 16 May 1997 | 29 Years 4 Months | Current |
| Saroj Sharad Shah Also directs: Balaji Institute of Technical Training Limited | Director | 16 May 1997 | 29 Years 4 Months | Current |
| Samir Sharad Shah | Whole-Time Director | 16 May 1997 | 29 Years 4 Months | Current |
Ownership and Shareholding of Metalex Cryogenics Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Metalex Cryogenics Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 27 Mar 2023 | Hdfc Bank Limited | ₹12.18 Lakh | Open |
| 15 Jul 1999 | Dena Bank | ₹80 Lakh | Open |
| 22 May 2020 | Others | ₹2.76 Cr | Satisfied |
| 08 Apr 2019 | Others | ₹24 Lakh | Satisfied |
| 03 May 2012 | Nkgsb Co-Op. Bank Ltd. | ₹49.5 Lakh | Satisfied |
Total charge records: 10 View all charges
Legal Cases of Metalex Cryogenics Limited
Metalex Cryogenics Limited has 4 court cases on record: 4 filed against it. 2 cases are pending and 2 are disposed. Status as checked between 30 Sep 2026 and 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 3 | 2 |
| High courts | 1 | 1 | 0 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Pune, Maharashtra | Civil suit | Filed against the company by an individual | Pending |
| District court, Pune, Maharashtra | Civil suit | Filed against the company by an individual | Pending |
| High Court of Delhi | Commercial suit | Filed against the company by Gea Refrigeration Netherlands NV & Anr | Disposed |
| District court, Maharashtra Industrial and Lab, Maharashtra | Court case (Appln.PGA) | Filed against the company by an individual | Disposed |
Full case history
All 4 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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 by Metalex Cryogenics Limited
Metalex Cryogenics Limited has 1 MSME Form 1 return on record for the period ending Sep 2019, listing 99 overdue payments to 24 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 24)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | •••• | •••• | •••• |
| A One Ced Coating | •••• | •••• | •••• |
| Anant Cutting Edge Private Limited | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 1 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Employees and EPFO Compliance at Metalex Cryogenics Limited
Metalex Cryogenics Limited has a workforce of 19 employees as of Apr 05, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Name History of Metalex Cryogenics Limited
Metalex Cryogenics has undergone 2 name changes throughout its history. The company was previously known as Metalex Process Equipments (India) Private Limited, and Metalex Cryogenics Private Limited. The current legal name is Metalex Cryogenics Limited.
| Company Name | Status |
|---|---|
| Metalex Cryogenics Limited | Current |
| Metalex Process Equipments (India) Private Limited | Previous |
| Metalex Cryogenics Private Limited | Previous |
CIN History of Metalex Cryogenics Limited
Metalex Cryogenics has one previous CIN (Corporate Identification Number): U29100MH1997PTC108104. The current CIN is U29100MH1997PLC108104, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U29100MH1997PLC108104 | Current |
| U29100MH1997PTC108104 | Previous |
Recent Activity on Metalex Cryogenics Limited
Metalex Cryogenics Limited has 5 board changes on record since 1997: 3 appointments and 2 cessations. The latest: Samir Sharad Shah ceased to be Director on 01 Apr 2017.
16 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Metalex Cryogenics Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Metalex Cryogenics Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Metalex Cryogenics Limited
Metalex Cryogenics has 5 GST registrations: 2 active and 3 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCM9527A1ZN | Maharashtra | Active | 01 Jul 2017 |
| 07AABCM9527A2ZO | Delhi | Active | 29 Nov 2019 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Metalex Cryogenics Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Metalex Cryogenics Limited
Metalex Cryogenics is an active public limited company based in Navi Mumbai, Maharashtra, India. The company works in industrial compressors and pneumatic systems, within the machinery and equipment industry. It was incorporated on 16 May 1997 (29+ years old) and is registered under CIN U29100MH1997PLC108104.
Metalex Cryogenics reported revenue of ₹14.78 Cr for FY 2024 (down 5% YoY).
Metalex Cryogenics has 3 current directors:
- Veeraj Samir Shah - Whole-Time Director
- Samir Sharad Shah - Whole-Time Director
- Saroj Sharad Shah - Director
Metalex Cryogenics reported a net profit of ₹28.43 Lakh (net margin 1.9%) and EBITDA of ₹1.27 Cr (EBITDA margin 8.6%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Metalex Cryogenics is 13% over three years and 6% over five years. In the latest year (FY 2024) revenue fell 5%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Metalex Cryogenics is 27AABCM9527A1ZN, registered in Maharashtra. The company has 5 GST registrations in all, of which 2 are active and 3 are cancelled or inactive. Other active GSTINs include 07AABCM9527A2ZO (Delhi).
The CIN (Corporate Identification Number) of Metalex Cryogenics is U29100MH1997PLC108104. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Metalex Cryogenics has 4 court cases on record: 4 filed against it. 2 are pending. Most are in the district courts.
Metalex Cryogenics was incorporated on 16 May 1997, making it 29+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Metalex Cryogenics by revenue are LCT Projects Private Limited, Samirika Infrastructure Private Limited, Sap Enprocon Private Limited, Cubes Contracts and Engineering Private Limited, Chalcedony Controls & Instrumentation Private Limited and 5 more, all in the Machinery and Equipment industry (Compressors, Engineering Procurement and Construction).
Samir Sharad Shah ceased to be Director on 01 Apr 2017. Veeraj Samir Shah ceased to be Director on 01 Apr 2017. Samir Sharad Shah was appointed as Whole-Time Director on 16 May 1997. Metalex Cryogenics has 5 board changes on record in total.
Metalex Cryogenics has 1 MSME Form 1 return on record for the period ending Sep 2019, listing 99 overdue payments to 24 micro and small suppliers. The latest return was filed on 31 Oct 2019.