MRB Pipe & Tubes Private Limited

MRB Pipe & Tubes Private Limited - metals and minerals in Ahmedabad, Gujarat, India. FY 2026 financials & compliance.
CIN U28112GJ2010PTC063264 Incorporated 15 December 2010 ROC Ahmedabad HQ Ahmedabad, Gujarat, India
Active Private Limited Company metals and minerals MSME · Medium
Data last updated
Revenue · FY 2024
₹82.32 Cr
▼ 27% YoY
Net profit · FY 2024
₹83.58 Lakh
Net margin 1%
EBITDA · FY 2024
₹1.73 Cr
EBITDA margin 2.1%
Authorised capital
₹50 Lakh
Registered with MCA
Paid-up capital
₹34.37 Lakh
Issued & subscribed
Open charges
₹6.81 Cr
Satisfied ₹1.5 Cr
Company age
16 yrs
Est. 2010
Directors on board
4
As per MCA filings

About MRB Pipe & Tubes Private Limited

Data last updated:

MRB Pipe & Tubes Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the steel manufacturing and processing segment of the metals and mining sector. It was incorporated on 15 December 2010 and has been in existence for over 16 years.

The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U28112GJ2010PTC063264. Its GSTIN is 24AAGCM8900J1ZE (Gujarat).

The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹34.37 Lakh. It is led by directors including Mahendra Ratanlalji Bhandari and Rucha Manish Bhandari.

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 8 Lala Bholelal Opp. Kesar Estate Nagar Hanuman Road Rakhial, Ahmedabad, Gujarat, India – 380023.

As per the financials filed for FY 2024, the company reported a revenue of ₹82.32 Cr, a decline of 27% compared to the previous year. For the same year it recorded a net profit of ₹83.58 Lakh (net margin 1%) and EBITDA of ₹1.73 Cr (EBITDA margin 2.1%). Revenue has grown at a compounded annual rate (CAGR) of 20% over three years and 24% over five years.

As per MCA filings, the company has open charges of ₹6.81 Cr and satisfied charges of ₹1.5 Cr on record.

MRB Pipe & Tubes Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0058999). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website mrbmetals.com.

Company details

CIN U28112GJ2010PTC063264
Registration Number 063264
Incorporation Date 15 December 2010
ROC Ahmedabad
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-GJ-01-0058999

Recognitions & Rankings of MRB Pipe & Tubes

MSME (Udyam registered) Ministry of MSME
Category
Medium (2024-25)
Udyam number
UDYAM-GJ-01-0058999

Contact details

MRB Pipe & Tubes Private Limited's registered office is in Ahmedabad, Gujarat. Its website is mrbmetals.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Social Media
  • Registered Address
    8 Lala Bholelal Opp. Kesar Estate Nagar Hanuman Road Rakhial, Ahmedabad, Gujarat, India – 380023
  • Industry
    Metals and Minerals, Steel Manufacturing & Processing

To see the full contact details of MRB Pipe & Tubes Private Limited, buy the company report.

Comprehensive company report
MRB Pipe & Tubes 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 MRB Pipe & Tubes is trade. In detail, this covers wholesale trading.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
GTradeG1Wholesale Trading

To see the full business activity and turnover split of MRB Pipe & Tubes Private Limited, buy the company report.

Financials of MRB Pipe & Tubes Private Limited

FY 2024 filings available

MRB Pipe & Tubes Private Limited reported revenue of ₹82.32 Cr (down 27% YoY) for FY 2024.

Revenue · FY 2024
₹82.32 Cr ▼ 27%
Net profit · FY 2024
₹83.58 Lakh margin 1%
EBITDA · FY 2024
₹1.73 Cr margin 2.1%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 27%
3 years · compounded
▲ 20%
5 years · compounded
▲ 24%
EBITDA CAGR growth
1 year
▼ 27%
3 years · compounded
▲ 9%
5 years · compounded
▲ 15%

Revenue fell 27% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 24%. EBITDA fell 27% 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 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₹1.73 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹83.58 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin2.1%
Net Profit Margin1%
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 MRB Pipe & Tubes Private Limited, buy the company report.

Board of directors of MRB Pipe & Tubes Private Limited

MRB Pipe & Tubes has 4 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Mahendra Ratanlalji BhandariDirector15 Dec 201015 Years 10 MonthsCurrent
Rucha Manish BhandariDirector03 Nov 20205 Years 11 MonthsCurrent
Anjana Mahendrabhai BhandariDirector15 Dec 201015 Years 10 MonthsCurrent
Manish Ratanchand BhandariDirector03 Nov 20205 Years 11 MonthsCurrent

Peer comparison

MRB Pipe & Tubes Private Limited is compared with the 4 companies closest to it by revenue in the Metals and Minerals industry (Steel), with the same principal business activity (wholesale trading), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Khanna Delta Steel Private Limited₹82.42 Cr (FY 2018)-63.0%Mumbai, Maharashtra, India
MRB Pipe & Tubes Private Limitedthis company₹82.32 Cr (FY 2024)₹83.58 Lakh1%-27.0%Ahmedabad, Gujarat, India
Mahendra Steel Traders Private Limited₹82.18 Cr (FY 2025)44.0%Howrah, West Bengal, India
Seth Shri Strips Private Limited₹81.81 Cr (FY 2025)48.0%New Delhi, Delhi, India
Maya Steel Pvt Ltd₹81.78 Cr (FY 2025)53.0%Mandi Gobindgarh, Punjab, India

To see the full peer comparison of MRB Pipe & Tubes Private Limited, buy the company report.

Auditor

MRB Pipe & Tubes Private Limited is audited by Kothari Sangawat & Associates for the financial year 2023.

Auditor firmFinancial yearFirm registration number
Kothari Sangawat & AssociatesFY 2023132985W

Shareholding

The shareholding of MRB Pipe & Tubes 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 categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of MRB Pipe & Tubes Private Limited, buy the company report.

Charges & borrowings

Open charges
₹6.81 Cr
Satisfied charges
₹1.5 Cr
Breakdown by lending institutions
Others₹6.81 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
12 Oct 2020100380333Others₹81 LakhOpen
27 Sep 2017100131439Others₹6 CrOpen
03 Feb 201110269176State Bank of Hyderabad₹1.5 CrSatisfied

To see the full charge records of MRB Pipe & Tubes Private Limited, buy the company report.

Total charge records: 3 View all charges

MSME payment delays

MRB Pipe & Tubes Private Limited has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 2 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)

SupplierAmount dueDue sinceReported on
MRB Forge & Fittings LLP
Chhajed Steel Corporation

To see the full MSME payment records of MRB Pipe & Tubes Private Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

GST

MRB Pipe & Tubes has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
24AAGCM8900J1ZEGujaratActive01 Jul 2017

To see the full GST registrations and return filing status of MRB Pipe & Tubes Private Limited, buy the company report.

Recent activity

MRB Pipe & Tubes Private Limited has 6 board changes on record since 2010: 4 appointments and 2 cessations. The latest: Manish Ratanchand Bhandari was appointed as Director on 03 Nov 2020.

AGM
Mrb Pipe & Tubes Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Mrb Pipe & Tubes Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.
Charges
A charge with Others of Rs. 600.00 Lakh registered on 27 Sep 2017 with Charge ID 100131439 was modified on 17 Jan 2022.
Appointed
Manish Ratanchand Bhandari was appointed as Director.
Appointed
Rucha Manish Bhandari was appointed as Director.
Charges
A charge with Others amounted to Rs. 81.00 Lakh with Charge ID 100380333 was registered on 12 Oct 2020.
Ceased
Manish Ratanchand Bhandari ceased to be Director.
Ceased
Rucha Manish Bhandari ceased to be Director.
Charges
A charge registered on 03 Feb 2011 via Charge ID 10269176 with State Bank Of Hyderabad was fully satisfied on 27 Oct 2017.
Charges
A charge with Others amounted to Rs. 600.00 Lakh with Charge ID 100131439 was registered on 27 Sep 2017.
Charges
A charge with State Bank Of Hyderabad of Rs. 150.00 Lakh registered on 03 Feb 2011 with Charge ID 10269176 was modified on 24 Jul 2015.
Charges
A charge with State Bank Of Hyderabad amounted to Rs. 150.00 Lakh with Charge ID 10269176 was registered on 03 Feb 2011.

3 earlier events are in the company report.

Frequently asked questions

MRB Pipe & Tubes is an active private limited company based in Ahmedabad, Gujarat, India. The company works in steel manufacturing and processing, within the metals and minerals industry. It was incorporated on 15 December 2010 (16+ years old) and is registered under CIN U28112GJ2010PTC063264.

MRB Pipe & Tubes has 4 current directors:

The latest financial statements of MRB Pipe & Tubes 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 MRB Pipe & Tubes is 24AAGCM8900J1ZE, registered in Gujarat.

The CIN (Corporate Identification Number) of MRB Pipe & Tubes is U28112GJ2010PTC063264. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

MRB Pipe & Tubes was incorporated on 15 December 2010, making it 16+ years old. It is registered with the Registrar of Companies, Ahmedabad.

The peers of MRB Pipe & Tubes by revenue are Khanna Delta Steel Private Limited, Mahendra Steel Traders Private Limited, Seth Shri Strips Private Limited, Maya Steel Pvt Ltd, all in the Metals and Minerals industry (Steel), with the same principal business activity (wholesale trading).

Manish Ratanchand Bhandari was appointed as Director on 03 Nov 2020. Rucha Manish Bhandari was appointed as Director on 03 Nov 2020. Manish Ratanchand Bhandari ceased to be Director on 01 Jun 2018. MRB Pipe & Tubes has 6 board changes on record in total.

Yes, MRB Pipe & Tubes is registered as a medium enterprise under Udyam registration (number: UDYAM-GJ-01-0058999).

MRB Pipe & Tubes has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 2 overdue payments to 2 micro and small suppliers. The latest return was filed on 08 Jun 2019.

MRB Pipe & Tubes can be reached through the website mrbmetals.com. Its registered office is in Ahmedabad, Gujarat, India.

The registered office of MRB Pipe & Tubes is at 8 Lala Bholelal Opp. Kesar Estate Nagar Hanuman Road Rakhial, Ahmedabad, Gujarat, India – 380023.