- Category
- Small (2024-25)
- Udyam number
- UDYAM-AP-10-0002226

About Hastalloy India Limited
Data last updated:
Hastalloy India Limited is a public limited company based in Anakapalle, Andhra Pradesh, India. It operates in the steel manufacturing and processing segment of the metals and mining sector. It was incorporated on 30 July 1981 and has been in existence for over 45 years.
The company is registered with the Registrar of Companies (ROC), Vijayawada, under CIN U27109AP1981PLC003130. Its GSTIN is 37AAACH5560M1ZA (Andhra Pradesh).
The company has an authorised share capital of ₹10 Cr and a paid-up capital of ₹36 Lakh. It was formerly known as Hastalloy Castings Limited and Hastalloy Castings Private Limited. It is led by directors including Eashwar Koneru (Managing Director) and Anjaneya Prasad Ramineni (Managing 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 Plot No. A – 1 To A – 6 & A – 10 To A – 15 NH – 16 Ida Knr Pet Jnpc Post, Anakapalle, Andhra Pradesh, India – 531019.
As per the financials filed for FY 2023, the company reported a revenue of ₹25.03 Cr, a decline of 25% compared to the previous year. For the same year it recorded a net profit of ₹3.78 Cr (net margin 15.1%) and EBITDA of ₹4.45 Cr (EBITDA margin 17.8%). Revenue has declined at a compounded annual rate (CAGR) of 9% over five years.
The company has about 87 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹23.14 Cr and satisfied charges of ₹27.13 Cr on record. Court records list 34 cases involving the company, including 24 filed by the company and 10 filed against it; 1 case is pending.
Hastalloy India Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-AP-10-0002226). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website hastalloyindia.com.
Company details
Name history
Hastalloy India has undergone 2 name changes throughout its history. The company was previously known as Hastalloy Castings Limited, and Hastalloy Castings Private Limited. The current legal name is Hastalloy India Limited.
| Company Name | Status |
|---|---|
| Hastalloy India Limited | Current |
| Hastalloy Castings Limited | Previous |
| Hastalloy Castings Private Limited | Previous |
Recognitions & Rankings of Hastalloy India
Contact details
Hastalloy India Limited's registered office is in Anakapalle, Andhra Pradesh. Its website is hastalloyindia.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressPlot No. A – 1 To A – 6 & A – 10 To A – 15 NH – 16 Ida Knr Pet Jnpc Post, Anakapalle, Andhra Pradesh, India – 531019
- IndustryMetals and Minerals, Steel Manufacturing & Processing
To see the full contact details of Hastalloy India 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
Business activity
The main business activity of Hastalloy India 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 Hastalloy India Limited, buy the company report.
Financials of Hastalloy India Limited
FY 2024 filings availableHastalloy India Limited reported revenue of ₹25.03 Cr (down 25% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 9% over five years, including a 25% fall in the latest year. EBITDA rose 24% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹25.03 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹4.45 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹3.78 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
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| Trade Payables | |||||
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| Inventories | |||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 17.8% | ||||
| Net Profit Margin | 15.1% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Receivable Days | |||||
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| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Hastalloy India Limited, buy the company report.
Board of directors of Hastalloy India Limited
Hastalloy India has 5 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rangarao Pidikiti | Director | 29 Sep 2006 | 20 Years 0 Months | Current |
| Seshagirirao Pidikiti Also directs: Vijaya Elecimech Projects Private Limited | Director | 24 Apr 2006 | 20 Years 5 Months | Current |
| Koneru Vasudev | Director | 24 Apr 2006 | 20 Years 5 Months | Current |
| Eashwar Koneru | Managing Director | 14 Dec 2005 | 20 Years 10 Months | Current |
| Anjaneya Prasad Ramineni Also directs: Positron Power Private Limited | Managing Director | 14 Dec 2005 | 20 Years 10 Months | Current |
Peer comparison
Hastalloy India Limited is compared with the 3 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 |
|---|---|---|---|---|---|---|
| Gian Steel Rolling Mills Private Limited | ₹25.11 Cr (FY 2024) | -16.0% | Mohali, Punjab, India | |||
| RVR Bansal Stainless Private Limited | ₹25.08 Cr (FY 2025) | 296.0% | Hisar, Haryana, India | |||
| Hastalloy India Limitedthis company | ₹25.03 Cr (FY 2023) | ₹3.78 Cr | 15.1% | -25.0% | 87 | Anakapalle, Andhra Pradesh, India |
| Vidhyut Steel Tubes Industries Pvt. Ltd. | ₹25.02 Cr (FY 2025) | 4.0% | Haryana, India |
To see the full peer comparison of Hastalloy India Limited, buy the company report.
Auditor
Hastalloy India Limited is audited by BRAHMAYYA & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| BRAHMAYYA & CO | FY 2023 | 000513S |
Shareholding
The shareholding of Hastalloy India 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 Hastalloy India Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 21 Dec 2023 | 100884722 | Hdfc Bank Limited | ₹26 Lakh | Open | |
| 16 Feb 2022 | 100573979 | Hdfc Bank Limited | ₹22.88 Cr | Open | |
| 07 Aug 2020 | 100373931 | Others | ₹20 Lakh | Satisfied | |
| 25 May 2020 | 100373932 | Others | ₹75 Lakh | Satisfied | |
| 07 Dec 2006 | 10034797 | Union Bank of India | ₹1.18 Cr | Satisfied |
To see the full charge records of Hastalloy India Limited, buy the company report.
Total charge records: 13 View all charges
Legal cases
Hastalloy India Limited has 34 court cases on record: 24 filed by Hastalloy India, 10 filed against it. 1 case is pending and 33 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 32 | 8 | 0 |
| District courts | 2 | 2 | 1 |
Cases on record (5 of 34)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, ANDHRAPRADESH | Writ petition | Filed by the company against Eastern Power Distribution Company of Andhra Pradesh Ltd. and 1 other | Disposed |
| High Court, TELANGANA | Company petition | Filed by the company against M/S Sri Chakra Cements Ltd | Disposed |
| High Court, TELANGANA | Company petition | Filed by the company against M/S Gsal (India) Ltd | Disposed |
| High Court, TELANGANA | Company petition | Filed by the company against M/S Sri Simhadri Cements Ltd., | Disposed |
| Bombay High Court | Court case (S) | Filed by the company against Larsen Toubro Ltd. | Disposed |
To see the full case history of Hastalloy India 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.
Credit ratings & regulatory alerts
Hastalloy India Limited was last rated by Crisil on 15 Sep 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 15 Sep 2020 |
To see the full credit ratings and regulatory alerts of Hastalloy India Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Hastalloy India Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Hastalloy India Limited has a workforce of 87 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
GST
Hastalloy India has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 37AAACH5560M1ZA | Andhra Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Hastalloy India Limited, buy the company report.
Recent activity
Hastalloy India Limited has 7 board changes on record since 2005: 6 appointments and 1 cessation. The latest: Kristna Murty Koneru ceased to be Director on 28 Oct 2019.
27 earlier events are in the company report.
Frequently asked questions
Hastalloy India is an active public limited company based in Anakapalle, Andhra Pradesh, India. The company works in steel manufacturing and processing, within the metals and minerals industry. It was incorporated on 30 July 1981 (45+ years old) and is registered under CIN U27109AP1981PLC003130.
Hastalloy India has 5 current directors:
- Eashwar Koneru - Managing Director
- Anjaneya Prasad Ramineni - Managing Director
- Rangarao Pidikiti - Director
- Seshagirirao Pidikiti - Director
- Koneru Vasudev - Director
The latest financial statements of Hastalloy India 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 Hastalloy India is 37AAACH5560M1ZA, registered in Andhra Pradesh.
The CIN (Corporate Identification Number) of Hastalloy India is U27109AP1981PLC003130. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Hastalloy India has 34 court cases on record: 24 filed by the company and 10 filed against it. 1 is pending. Most are in the high courts.
Hastalloy India was incorporated on 30 July 1981, making it 45+ years old. It is registered with the Registrar of Companies, Vijayawada.
The peers of Hastalloy India by revenue are Gian Steel Rolling Mills Private Limited, RVR Bansal Stainless Private Limited, Vidhyut Steel Tubes Industries Pvt. Ltd, all in the Metals and Minerals industry (Steel), with the same principal business activity (metal and metal products).
Kristna Murty Koneru ceased to be Director on 28 Oct 2019. Kristna Murty Koneru was appointed as Director on 29 Sep 2006. Rangarao Pidikiti was appointed as Director on 29 Sep 2006. Hastalloy India has 7 board changes on record in total.
Yes, Hastalloy India is registered as a small enterprise under Udyam registration (number: UDYAM-AP-10-0002226).
Hastalloy India can be reached through the website hastalloyindia.com. Its registered office is in Anakapalle, Andhra Pradesh, India.