MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2023-24)
- Udyam number
- UDYAM-HP-11-0003571
Mountain Steels Private Limited
Mountain Steels Private Limited - metals and minerals in Chandigarh, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹100.63 Cr
▼ 22% YoY
Net profit · FY 2025
₹73.67 Lakh
Net margin 0.7%
EBITDA · FY 2025
₹3.66 Cr
EBITDA margin 3.6%
Authorised capital
₹2 Cr
Registered with MCA
Paid-up capital
₹1.57 Cr
Issued & subscribed
Open charges
₹27.88 Cr
Satisfied ₹17.19 Cr
Company age
40 yrs
Est. 1986
Employees · EPFO
115
Provident fund records
About Mountain Steels Private Limited
Data last updated:
Mountain Steels Private Limited is a private limited company based in Chandigarh, India. It operates in the steel manufacturing and processing segment of the metals and mining sector. It was incorporated on 07 February 1986 and has been in existence for over 40 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U15490CH1986PTC006684. Its GSTIN is 02AADCM7597A1ZN (Himachal Pradesh). The company holds 4 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹1.57 Cr. It was formerly known as Nikhanj Food Products Limited and Brinsar Textile Private Limited. It is led by directors Ramesh Nikhanj (Managing Director) and Manu Nikhanj.
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 H No 268 Sector 9 C Chandigarh, Chandigarh, India.
As per the financials filed for FY 2025, the company reported a revenue of ₹100.63 Cr, a decline of 22% compared to the previous year. For the same year it recorded a net profit of ₹73.67 Lakh (net margin 0.7%) and EBITDA of ₹3.66 Cr (EBITDA margin 3.6%). Revenue has grown at a compounded annual rate (CAGR) of 3% over five years.
The company has about 115 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹27.88 Cr and satisfied charges of ₹17.19 Cr on record. Court records list 23 cases involving the company, including 21 filed by the company and 2 filed against it; 7 cases are pending.
Mountain Steels Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-HP-11-0003571). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U15490CH1986PTC006684
Registration Number 006684
Incorporation Date 07 February 1986
ROC Chandigarh
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-HP-11-0003571
Name history
Mountain Steels has undergone 2 name changes throughout its history. The company was previously known as Nikhanj Food Products Limited, and Brinsar Textile Private Limited. The current legal name is Mountain Steels Private Limited.
| Company Name | Status |
|---|---|
| Mountain Steels Private Limited | Current |
| Nikhanj Food Products Limited | Previous |
| Brinsar Textile Private Limited | Previous |
Recognitions & Rankings of Mountain Steels
Contact details
Mountain Steels Private Limited's registered office is in Chandigarh, Chandigarh. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressH No 268 Sector 9 C Chandigarh, Chandigarh, India
- IndustryMetals and Minerals, Steel Manufacturing & Processing
To see the full contact details of Mountain Steels Private Limited, buy the company report.
Comprehensive company report
Mountain 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business activity
The main business activity of Mountain 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 Mountain Steels Private Limited, buy the company report.
Financials of Mountain Steels Private Limited
FY 2024 filings availableMountain Steels Private Limited reported revenue of ₹100.63 Cr (down 22% YoY) for FY 2025.
Revenue · FY 2025
₹100.63 Cr ▼ 22%
Net profit · FY 2025
₹73.67 Lakh margin 0.7%
EBITDA · FY 2025
₹3.66 Cr margin 3.6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 22%
5 years · compounded
▲ 3%
EBITDA CAGR growth
1 year
▼ 2%
3 years · compounded
▲ 22%
5 years · compounded
▲ 16%
Revenue fell 22% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 3%. EBITDA fell 2% 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 | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹3.66 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹73.67 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 3.6% | ||||
| 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 | |||||
| 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 Mountain Steels Private Limited, buy the company report.
Board of directors of Mountain Steels Private Limited
Mountain Steels has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ramesh Nikhanj Also directs: Brinsar Foods Private Limited | Managing Director | 07 Feb 1986 | 40 Years 8 Months | Current |
| Manu Nikhanj | Director | 10 Apr 2003 | 23 Years 6 Months | Current |
Peer comparison
Mountain Steels Private Limited is compared with the 8 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 |
|---|---|---|---|---|---|---|
| Savitri Ispat India Private Limited | ₹100.97 Cr (FY 2025) | 40.0% | Kolkata, West Bengal, India | |||
| Mahalaxmi Dhatu Udhyog Private Limited | ₹100.66 Cr (FY 2025) | 11.0% | Nagpur, Maharashtra, India | |||
| Sree Palani Andavar Alloys and Steels Private Limited | ₹100.66 Cr (FY 2024) | -4.0% | Erode, Tamil Nadu, India | |||
| Mountain Steels Private Limitedthis company | ₹100.63 Cr (FY 2025) | ₹73.67 Lakh | 0.7% | -22.0% | 115 | Chandigarh, India |
| Kepco Alloys Private Limited | ₹100.63 Cr (FY 2025) | -4.0% | Talod, Gujarat, India | |||
| Orient Steel & Industries Ltd | ₹100.62 Cr (FY 2025) | -8.0% | Kolkata, West Bengal, India | |||
| B M N Alloysteels Private Limited | ₹100.36 Cr (FY 2025) | -7.0% | Kolkata, West Bengal, India | |||
| Charan Steel Tubes Private Limited | ₹100.26 Cr (FY 2025) | -12.0% | Punjab, India | |||
| B P Alloys Limited | ₹100.03 Cr (FY 2025) | -2.0% | Ludhiana, Punjab, India |
To see the full peer comparison of Mountain Steels Private Limited, buy the company report.
Auditor
Mountain Steels Private Limited is audited by KANSAL SINGLA & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| KANSAL SINGLA & ASSOCIATES | FY 2023 | 003897N |
Shareholding
The shareholding of Mountain 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 Mountain Steels Private Limited, buy the company report.
Charges & borrowings
Open charges
₹27.88 Cr
Satisfied charges
₹17.19 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 01 Aug 2025 | 101132460 | Sidbi | ₹50 Lakh | Open | |
| 21 Jan 2025 | 101032923 | Sidbi | ₹48 Lakh | Open | |
| 20 Jun 2024 | 100943184 | Hdfc Bank Limited | ₹1.03 Cr | Open | |
| 16 Aug 2022 | 100604128 | Sidbi | ₹2 Cr | Open | |
| 19 Apr 2022 | 100587052 | Axis Bank Limited | ₹21.4 Lakh | Open |
To see the full charge records of Mountain Steels Private Limited, buy the company report.
Total charge records: 10 View all charges
Legal cases
Mountain Steels Private Limited has 23 court cases on record: 21 filed by Mountain Steels, 2 filed against it. 7 cases are pending and 16 are disposed.
Total cases
23
Filed by the company
21
Filed against the company
2
Pending
7
Disposed
16
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 14 | 0 | 3 |
| District courts | 9 | 2 | 4 |
Cases on record (5 of 23)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, HIMACHAL PRADESH | Writ petition | Filed by the company against Himachal Pradesh State Electricity Board Limited and Others(Not Applicable) and 2 others | Disposed |
| High Court, HIMACHAL PRADESH | Interim or miscellaneous application | Filed by the company against Himachal Pradesh State Electricity Board Limited and Others(Not Applicable) | Disposed |
| District court, Mandi, Himachal Pradesh | Execution petition | Filed by the company against M/S Jai Panchali Construction | Pending |
| District court, Chandigarh | Court case (CS CJ) | Filed by the company against M/S Builder and Traders India | Pending |
| High Court | Writ petition | Filed by the company against individuals | Pending |
To see the full case history of Mountain 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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Mountain Steels Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Mountain Steels Private Limited has a workforce of 115 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.
Employee count
115
Active EPFO establishments
1
Employee growth
-10.16%
GST
Mountain Steels has 4 GST registrations: 2 active and 2 cancelled or inactive.
Total GSTINs
4
Active
2
Cancelled / inactive
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 02AADCM7597A1ZN | Himachal Pradesh | Active | 01 Jul 2017 |
| 02AADCM7597A1DW | Himachal Pradesh | Active | 08 Nov 2024 |
To see the full GST registrations and return filing status of Mountain Steels Private Limited, buy the company report.
Recent activity
Mountain Steels Private Limited has 4 board changes on record since 1986: 3 appointments and 1 cessation. The latest: Dhanu Nikhanj ceased to be Director on 01 Mar 2013.
Charges
A charge with Sidbi amounted to Rs. 0.50 Cr with Charge ID 101132460 was registered on 01 Aug 2025.
Charges
A charge with Sidbi amounted to Rs. 0.48 Cr with Charge ID 101032923 was registered on 21 Jan 2025.
AGM
Mountain Steels Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 1.03 Cr with Charge ID 100943184 was registered on 20 Jun 2024.
Charges
A charge with State Bank Of India of Rs. 23.66 Cr registered on 22 Jul 2014 with Charge ID 10516617 was modified on 13 Jun 2024.
Filing
Mountain Steels Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chandigarh.
Charges
A charge with Sidbi amounted to Rs. 2.00 Cr with Charge ID 100604128 was registered on 16 Aug 2022.
Charges
A charge with Axis Bank Limited amounted to Rs. 0.21 Cr with Charge ID 100587052 was registered on 19 Apr 2022.
Charges
A charge registered on 06 Jul 2009 via Charge ID 10164628 with Deputy Director Of Industries was fully satisfied on 16 Dec 2016.
Charges
A charge registered on 12 Aug 2009 via Charge ID 10174671 with Uco Bank was fully satisfied on 12 Aug 2014.
Charges
A charge registered on 03 Jun 2005 via Charge ID 90183446 with Uco Bank was fully satisfied on 12 Aug 2014.
Charges
A charge with State Bank Of India amounted to Rs. 23.66 Cr with Charge ID 10516617 was registered on 22 Jul 2014.
12 earlier events are in the company report.
Frequently asked questions
Mountain Steels is an active private limited company based in Chandigarh, India. The company works in steel manufacturing and processing, within the metals and minerals industry. It was incorporated on 07 February 1986 (40+ years old) and is registered under CIN U15490CH1986PTC006684.
Mountain Steels has 2 current directors:
- Ramesh Nikhanj - Managing Director
- Manu Nikhanj - Director
The latest financial statements of Mountain Steels 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 Mountain Steels is 02AADCM7597A1ZN, registered in Himachal Pradesh. The company has 4 GST registrations in all, of which 2 are active and 2 are cancelled or inactive. Other active GSTINs include 02AADCM7597A1DW (Himachal Pradesh).
The CIN (Corporate Identification Number) of Mountain Steels is U15490CH1986PTC006684. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mountain Steels has 23 court cases on record: 21 filed by the company and 2 filed against it. 7 are pending. Most are in the high courts.
Mountain Steels was incorporated on 07 February 1986, making it 40+ years old. It is registered with the Registrar of Companies, Chandigarh.
The peers of Mountain Steels by revenue are Savitri Ispat India Private Limited, Mahalaxmi Dhatu Udhyog Private Limited, Sree Palani Andavar Alloys and Steels Private Limited, Kepco Alloys Private Limited, Orient Steel & Industries Ltd and 3 more, all in the Metals and Minerals industry (Steel), with the same principal business activity (metal and metal products).
Dhanu Nikhanj ceased to be Director on 01 Mar 2013. Dhanu Nikhanj was appointed as Director on 10 Apr 2003. Manu Nikhanj was appointed as Director on 10 Apr 2003. Mountain Steels has 4 board changes on record in total.
Yes, Mountain Steels is registered as a medium enterprise under Udyam registration (number: UDYAM-HP-11-0003571).
The registered office of Mountain Steels is at H No 268 Sector 9 C Chandigarh, Chandigarh, India.
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.
Swiggy Limited Listed company · 92 pages
BharatPe (Resilient Innovations Pvt Ltd) Unlisted company · 78 pages