About Midwest Castech Limited
Data last updated:
Midwest Castech Limited is a public limited company based in Vadodara, Gujarat, India. It operates in the die casting and metal forming segment of the manufacturing sector. It was incorporated on 23 April 1992 and has been in existence for over 34 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U27109GJ1992PLC017488. Its GSTIN is 24AABCM3099D1ZO (Gujarat).
The company has an authorised share capital of ₹10 Cr and a paid-up capital of ₹57.99 Lakh. It is led by directors including Harish Wadhuram Sata and Vidhyaben Harishbhai Sata.
Its last annual general meeting (AGM) was held on 29 November 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Vadodara, Gujarat.
As per the financials filed for FY 2024, the company reported a revenue of ₹3.26 Lakh. For the same year it recorded a net loss of ₹15.87 Lakh (net margin -486.8%) and EBITDA of -₹12.09 Lakh (EBITDA margin -371%). Revenue has declined at a compounded annual rate (CAGR) of 41% over three years and 32% over five years.
The company has about 7 employees on its provident fund (EPFO) records.
Court records list 2 cases involving the company, including 1 filed by the company and 1 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website castingsncastings.com.
Company details
Contact details
Midwest Castech Limited's registered office is in Vadodara, Gujarat. Its website is castingsncastings.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressShed No. 754/7 GIDC, Makarpura Road, Vadodara, Gujarat, India – 390010
- IndustryManufacturing, Die Casting & Metal Forming
To see the full contact details of Midwest Castech 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 Midwest Castech Limited
FY 2025 filings availableMidwest Castech Limited reported revenue of ₹3.26 Lakh for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 32% over five years. EBITDA fell 82% 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 |
|---|---|---|---|---|---|
| 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 | -₹12.09 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹15.87 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -371% | ||||
| Net Profit Margin | -486.8% | ||||
| 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 Midwest Castech Limited, buy the company report.
Board of directors of Midwest Castech Limited
Midwest Castech has 3 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Harish Wadhuram Sata Also directs: Bhim Industries Private Limited | Director | 29 Feb 2024 | 2 Years 8 Months | Current |
| Vidhyaben Harishbhai Sata Also directs: Bhim Industries Private Limited | Director | 29 Feb 2024 | 2 Years 8 Months | Current |
| Aditya Harish Sata Also directs: Bhim Industries Private Limited | Director | 29 Feb 2024 | 2 Years 8 Months | Current |
Peer comparison
Midwest Castech Limited is compared with the 4 companies closest to it by revenue in the Manufacturing industry (Die Casting), 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 |
|---|---|---|---|---|---|---|
| SVS Metal Works & Manufacturers India Private Limited | ₹4.1 Lakh (FY 2022) | Kolhapur, Maharashtra, India | ||||
| Castings & Metal Products Private Ltd | ₹3.7 Lakh (FY 2024) | 200.0% | Kolkata, West Bengal, India | |||
| Midwest Castech Limitedthis company | ₹3.26 Lakh (FY 2024) | -₹15.87 Lakh | -486.8% | Vadodara, Gujarat, India | ||
| Swastik Metcast Private Limited | ₹3.17 Lakh (FY 2025) | Kolkata, West Bengal, India | ||||
| Automan Engineers Private Limited | ₹3.1 Lakh (FY 2021) | -79.0% | Rajkot, Gujarat, India |
To see the full peer comparison of Midwest Castech Limited, buy the company report.
Auditor
Midwest Castech Limited is audited by K C MEHTA & CO for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| K C MEHTA & CO | FY 2019 | 106237W |
Shareholding
The shareholding of Midwest Castech Limited is on record for 3 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Midwest Castech Limited, buy the company report.
Legal cases
Midwest Castech Limited has 2 court cases on record: 1 filed by Midwest Castech, 1 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 0 |
| High courts | 1 | 1 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Vadodara, Gujarat | Commercial matter | Filed by the company against M/S. HMT Limited ( Tractor Division) | Disposed |
| High Court, GUJARAT | Special civil application | Filed against the company by Indo Farm Tractors and Motors Ltd | Disposed |
To see the full case history of Midwest Castech 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 Midwest Castech Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Midwest Castech has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AABCM3099D1ZO | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Midwest Castech Limited, buy the company report.
Recent activity
Midwest Castech Limited has 13 board changes on record since 2009: 3 appointments and 10 cessations. The latest: Aditya Harish Sata ceased to be Additional Director on 29 Sep 2024.
4 earlier events are in the company report.
Frequently asked questions
Midwest Castech is an active public limited company based in Vadodara, Gujarat, India. The company works in die casting and metal forming, within the manufacturing industry. It was incorporated on 23 April 1992 (34+ years old) and is registered under CIN U27109GJ1992PLC017488.
Midwest Castech has 3 current directors:
- Harish Wadhuram Sata - Director
- Vidhyaben Harishbhai Sata - Director
- Aditya Harish Sata - Director
The latest financial statements of Midwest Castech on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 29 November 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Midwest Castech is 24AABCM3099D1ZO, registered in Gujarat.
The CIN (Corporate Identification Number) of Midwest Castech is U27109GJ1992PLC017488. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Midwest Castech has 2 court cases on record: 1 filed by the company and 1 filed against it. Most are in the district courts.
Midwest Castech was incorporated on 23 April 1992, making it 34+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Midwest Castech by revenue are SVS Metal Works & Manufacturers India Private Limited, Castings & Metal Products Private Ltd, Swastik Metcast Private Limited, Automan Engineers Private Limited, all in the Manufacturing industry (Die Casting), with the same principal business activity (metal and metal products).
Aditya Harish Sata ceased to be Additional Director on 29 Sep 2024. Harish Wadhuram Sata ceased to be Additional Director on 29 Sep 2024. Vidhyaben Harishbhai Sata ceased to be Additional Director on 29 Sep 2024. Midwest Castech has 13 board changes on record in total.
Midwest Castech can be reached through the website castingsncastings.com. Its registered office is in Vadodara, Gujarat, India.
The registered office of Midwest Castech is at Shed No. 7547 GIDC, Makarpura Road, Vadodara, Gujarat, India – 390010.
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.
