MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2023-24)
- Udyam number
- UDYAM-KL-10-0000253
Minar Castings Private Limited - metals and minerals in Palakkad, Kerala, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹88.87 Cr
▼ 4% YoY
Net profit · FY 2025
₹64.49 Lakh
Net margin 0.7%
EBITDA · FY 2025
₹2.14 Cr
EBITDA margin 2.4%
Authorised capital
₹13.5 Cr
Registered with MCA
Paid-up capital
₹13.24 Cr
Issued & subscribed
Open charges
₹28.1 Cr
Satisfied ₹13.66 Cr
Company age
22 yrs
Est. 2004
Employees · EPFO
52
Provident fund records
About Minar Castings Private Limited
Data last updated:
Minar Castings 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 16 August 2004 and has been in existence for over 22 years.
The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN U27109KL2004PTC017357. Its GSTIN is 32AABCH5802P1ZK (Kerala).
The company has an authorised share capital of ₹13.5 Cr and a paid-up capital of ₹13.24 Cr. It was formerly known as Hadeed Steels Private Limited. It is led by directors including Mohammed Shafi (Managing Director) and Mohammed Shafeeq Anappuram (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 Door No 8/959 Nida Kanjikode West, Palakkad, Kerala, India – 678621.
As per the financials filed for FY 2025, the company reported a revenue of ₹88.87 Cr, a decline of 4% compared to the previous year. For the same year it recorded a net profit of ₹64.49 Lakh (net margin 0.7%) and EBITDA of ₹2.14 Cr (EBITDA margin 2.4%). Revenue has grown at a compounded annual rate (CAGR) of 9% over five years.
The company has about 52 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹28.1 Cr and satisfied charges of ₹13.66 Cr on record. Court records list 9 cases involving the company, including 6 filed by the company and 3 filed against it; 2 cases are pending.
Minar Castings Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-KL-10-0000253). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website minargroup.in.
Company details
CIN U27109KL2004PTC017357
Registration Number 017357
Incorporation Date 16 August 2004
ROC Ernakulam
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-KL-10-0000253
Key People
Mohammed Shafi Managing Director Mohammed Shafeeq Anappuram Whole-Time Director Abdul Khader Director Recognitions & Rankings of Minar Castings
Contact details
Minar Castings Private Limited's registered office is in Palakkad, Kerala. Its website is minargroup.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressDoor No 8/959 Nida Kanjikode West, Palakkad, Kerala, India – 678621
- IndustryMetals and Minerals, Steel Manufacturing & Processing
To see the full contact details of Minar Castings Private Limited, buy the company report.
Comprehensive company report
Minar Castings 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 Minar Castings 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 Minar Castings Private Limited, buy the company report.
Financials of Minar Castings Private Limited
FY 2024 filings availableMinar Castings Private Limited reported revenue of ₹88.87 Cr (down 4% YoY) for FY 2025.
Revenue · FY 2025
₹88.87 Cr ▼ 4%
Net profit · FY 2025
₹64.49 Lakh margin 0.7%
EBITDA · FY 2025
₹2.14 Cr margin 2.4%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 4%
5 years · compounded
▲ 9%
EBITDA CAGR growth
1 year
▼ 3%
3 years · compounded
▼ 2%
5 years · compounded
▲ 12%
Revenue fell 4% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 9%. EBITDA fell 3% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
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| Other Income | |||||
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| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
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| Depreciation and Amortisation | |||||
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| Total Expenses | |||||
| EBITDA | ₹2.14 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹64.49 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
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| Inventories | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 2.4% | ||||
| Net Profit Margin | 0.7% | ||||
| 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 | |||||
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| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Minar Castings Private Limited, buy the company report.
Board of directors of Minar Castings Private Limited
Minar Castings has 8 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Abdul Khader Also directs: Minar Ispat Private Limited | Director | 27 Dec 2010 | 15 Years 10 Months | Current |
| Thekke Madantavide Ahammed Koya | Director | 27 Dec 2010 | 15 Years 10 Months | Current |
| Yoonus Saleem Chelampattiparapotassery Also directs: Cee Pee Granites Private Limited, Bzteamx India LLP, Tropicalroots India Private Limited and 2 more | Director | 26 Dec 2010 | 15 Years 10 Months | Current |
| Chelampattiparapottassery Abdullah | Director | 27 Dec 2010 | 15 Years 10 Months | Current |
| Mohamed Haneefa Anappuram Also directs: Minar Renewable Energy Projects Private Limited | Director | 01 Jul 2010 | 16 Years 3 Months | Current |
| Thekke Madantavida Abdullathif Also directs: Minar Ispat Private Limited | Director | 27 Dec 2010 | 15 Years 10 Months | Current |
Showing 6 of 8 current directors. View all directors
Peer comparison
Minar Castings Private Limited is compared with the 5 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 |
|---|---|---|---|---|---|---|
| Jay Bharat Metcast Private Limited | ₹89.09 Cr (FY 2024) | -42.0% | Mumbai, Maharashtra, India | |||
| Chhatisgarh Ferro Trades Private Limited | ₹89.08 Cr (FY 2025) | -3.0% | Raipur, Chhattisgarh, India | |||
| Minar Castings Private Limitedthis company | ₹88.87 Cr (FY 2025) | ₹64.49 Lakh | 0.7% | -4.0% | 52 | Palakkad, Kerala, India |
| Meenakshi Strips Private Limited | ₹88.79 Cr (FY 2025) | 9.0% | Bhiwadi, Rajasthan, India | |||
| Mahavir Rolling Mill Private Limited | ₹88.75 Cr (FY 2022) | 44.0% | Ahmedabad, Gujarat, India | |||
| Dhandapani Steel Private Limited | ₹88.69 Cr (FY 2025) | -6.0% | Perundurai, Tamil Nadu, India |
To see the full peer comparison of Minar Castings Private Limited, buy the company report.
Auditor
Minar Castings Private Limited is audited by SIVADAS C& CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SIVADAS C& CO | FY 2023 | 011823S |
Shareholding
The shareholding of Minar Castings 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 Minar Castings Private Limited, buy the company report.
Charges & borrowings
Open charges
₹28.1 Cr
Satisfied charges
₹13.66 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 11 Nov 2025 | 101194776 | State Bank of India | ₹8 Cr | Open | |
| 11 Jun 2025 | 101127646 | Others | ₹10.18 Lakh | Open | |
| 27 Oct 2023 | 100823432 | State Bank of India | ₹10 Cr | Open | |
| 25 Sep 2020 | 100384899 | Hdfc Bank Limited | ₹10 Cr | Open | |
| 24 Dec 2011 | 10334972 | City Union Bank Limited | ₹7.75 Cr | Satisfied |
To see the full charge records of Minar Castings Private Limited, buy the company report.
Total charge records: 6 View all charges
Legal cases
Minar Castings Private Limited has 9 court cases on record: 6 filed by Minar Castings, 3 filed against it. 2 cases are pending and 7 are disposed.
Total cases
9
Filed by the company
6
Filed against the company
3
Pending
2
Disposed
7
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 8 | 2 | 2 |
| District courts | 1 | 1 | 0 |
Cases on record (5 of 9)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court | Writ petition | Filed by the company against Banking Ombudsman and 2 others | Pending |
| High Court of Kerala | Writ petition | Filed against the company | Pending |
| District court, Thrissur, Kerala | Civil suit | Filed against the company by an individual | Disposed |
| High Court, Kerala | Writ petition | Filed by the company against The Assistant Commissioner and 2 others | Disposed |
| High Court | Court case (Cus.Appeal) | Filed against the company by Commissioner of Customs | Disposed |
To see the full case history of Minar Castings 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
Minar Castings Private Limited has 1 MSME Form 1 return on record for the period ending Mar 2022, listing 4 overdue payments to 2 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 (2 of 2)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Rhi Magnesita India Limited | |||
| an individual supplier |
To see the full MSME payment records of Minar Castings Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Minar Castings has 1 associated company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
1
Associated companies
Employees & EPFO
Minar Castings Private Limited has a workforce of 52 employees on its EPFO records as of Mar 29, 2024, across 1 active EPFO establishment.
Employee count
52
Active EPFO establishments
1
Employee growth
-8.77%
GST
Minar Castings has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 32AABCH5802P1ZK | Kerala | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Minar Castings Private Limited, buy the company report.
Recent activity
Minar Castings Private Limited has 14 board changes on record since 2010: 8 appointments and 6 cessations. The latest: Mohammed Shafeeq Anappuram ceased to be Director on 01 Oct 2017.
Charges
A charge with State Bank Of India amounted to Rs. 8.00 Cr with Charge ID 101194776 was registered on 11 Nov 2025.
Charges
A charge with Others amounted to Rs. 0.10 Cr with Charge ID 101127646 was registered on 11 Jun 2025.
Charges
A charge with Hdfc Bank Limited of Rs. 10.00 Cr registered on 25 Sep 2020 with Charge ID 100384899 was modified on 03 Feb 2025.
AGM
Minar Castings Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Minar Castings Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ernakulam.
Charges
A charge with State Bank Of India amounted to Rs. 10.00 Cr with Charge ID 100823432 was registered on 27 Oct 2023.
Charges
A charge registered on 24 Dec 2011 via Charge ID 10334972 with City Union Bank Limited was fully satisfied on 31 Dec 2020.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 10.00 Cr with Charge ID 100384899 was registered on 25 Sep 2020.
Ceased
Mohammed Shafeeq Anappuram ceased to be Director.
Charges
A charge with City Union Bank Limited of Rs. 7.75 Cr registered on 24 Dec 2011 with Charge ID 10334972 was modified on 25 Jul 2016.
Charges
A charge with City Union Bank Limited amounted to Rs. 7.75 Cr with Charge ID 10334972 was registered on 24 Dec 2011.
Charges
A charge registered on 28 Jun 2005 via Charge ID 90023176 with Canara Bank was fully satisfied on 16 Jun 2011.
16 earlier events are in the company report.
Frequently asked questions
Minar Castings 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 16 August 2004 (22+ years old) and is registered under CIN U27109KL2004PTC017357.
Minar Castings has 8 current directors:
- Mohammed Shafi - Managing Director
- Mohammed Shafeeq Anappuram - Whole-Time Director
- Abdul Khader - Director
- Thekke Madantavide Ahammed Koya - Director
- Yoonus Saleem Chelampattiparapotassery - Director
- Chelampattiparapottassery Abdullah - Director
- Mohamed Haneefa Anappuram - Director
- Thekke Madantavida Abdullathif - Director
The latest financial statements of Minar Castings on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Minar Castings is 32AABCH5802P1ZK, registered in Kerala.
The CIN (Corporate Identification Number) of Minar Castings is U27109KL2004PTC017357. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Minar Castings has 9 court cases on record: 6 filed by the company and 3 filed against it. 2 are pending. Most are in the high courts.
Minar Castings was incorporated on 16 August 2004, making it 22+ years old. It is registered with the Registrar of Companies, Ernakulam.
The peers of Minar Castings by revenue are Jay Bharat Metcast Private Limited, Chhatisgarh Ferro Trades Private Limited, Meenakshi Strips Private Limited, Mahavir Rolling Mill Private Limited, Dhandapani Steel Private Limited, all in the Metals and Minerals industry (Steel), with the same principal business activity (metal and metal products).
Mohammed Shafeeq Anappuram ceased to be Director on 01 Oct 2017. Abdul Khader was appointed as Director on 27 Dec 2010. Aparambil Muhammadali ceased to be Director on 27 Dec 2010. Minar Castings has 14 board changes on record in total.
Yes, Minar Castings is registered as a medium enterprise under Udyam registration (number: UDYAM-KL-10-0000253).
Minar Castings has 1 MSME Form 1 return on record for the period ending Mar 2022, listing 4 overdue payments to 2 micro and small suppliers. The latest return was filed on 20 Apr 2022.
Minar Castings can be reached through the website minargroup.in. Its registered office is in Palakkad, Kerala, India.