Hastalloy India Limited - metals and minerals in Anakapalle, Andhra Pradesh, India. FY 2026 financials & compliance.
CIN U27109AP1981PLC003130 Incorporated 30 July 1981 ROC Vijayawada HQ Anakapalle, Andhra Pradesh, India
Active Public Limited Company metals and minerals MSME · Small
Data last updated
Revenue · FY 2023
₹25.03 Cr
▼ 25% YoY
Net profit · FY 2023
₹3.78 Cr
Net margin 15.1%
EBITDA · FY 2023
₹4.45 Cr
EBITDA margin 17.8%
Authorised capital
₹10 Cr
Registered with MCA
Paid-up capital
₹36 Lakh
Issued & subscribed
Open charges
₹23.14 Cr
Satisfied ₹27.13 Cr
Company age
45 yrs
Est. 1981
Employees · EPFO
87
Provident fund records

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

CIN U27109AP1981PLC003130
Registration Number 003130
Incorporation Date 30 July 1981
ROC Vijayawada
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 Small
Udyam Registration UDYAM-AP-10-0002226

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 NameStatus
Hastalloy India LimitedCurrent
Hastalloy Castings LimitedPrevious
Hastalloy Castings Private LimitedPrevious

Recognitions & Rankings of Hastalloy India

MSME (Udyam registered) Ministry of MSME
Category
Small (2024-25)
Udyam number
UDYAM-AP-10-0002226

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
  • Registered Address
    Plot No. A – 1 To A – 6 & A – 10 To A – 15 NH – 16 Ida Knr Pet Jnpc Post, Anakapalle, Andhra Pradesh, India – 531019
  • Industry
    Metals and Minerals, Steel Manufacturing & Processing

To see the full contact details of Hastalloy India Limited, buy the company report.

Comprehensive company report
Hastalloy India 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 Hastalloy India is manufacturing. In detail, this covers metal and metal products.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC7Metal 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 available

Hastalloy India Limited reported revenue of ₹25.03 Cr (down 25% YoY) for FY 2023.

Revenue · FY 2023
₹25.03 Cr ▼ 25%
Net profit · FY 2023
₹3.78 Cr margin 15.1%
EBITDA · FY 2023
₹4.45 Cr margin 17.8%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 25%
5 years · compounded
▼ 9%
EBITDA CAGR growth
1 year
▲ 24%
3 years · compounded
▲ 22%
5 years · compounded
▲ 7%

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

MetricsFY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 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
Short-term Borrowings
Trade Payables
Total Liabilities
Fixed Assets
Investments
Inventories
Trade Receivables
Cash and Bank Balance
Total Assets

Financial Ratios

MetricsFY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
Profitability
EBITDA Margin17.8%
Net Profit Margin15.1%
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 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.

Current Directors
NameDesignationAppointment DateTenureStatus
Rangarao PidikitiDirector29 Sep 200620 Years 0 MonthsCurrent
Seshagirirao PidikitiDirector24 Apr 200620 Years 5 MonthsCurrent
Koneru VasudevDirector24 Apr 200620 Years 5 MonthsCurrent
Eashwar KoneruManaging Director14 Dec 200520 Years 10 MonthsCurrent
Anjaneya Prasad RamineniManaging Director14 Dec 200520 Years 10 MonthsCurrent

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.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
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 Cr15.1%-25.0%87Anakapalle, 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 firmFinancial yearFirm registration number
BRAHMAYYA & COFY 2023000513S

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 categoryFY 2023FY 2022FY 2021FY 2020FY 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

Open charges
₹23.14 Cr
Satisfied charges
₹27.13 Cr
Breakdown by lending institutions
Hdfc Bank Limited₹23.14 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
21 Dec 2023100884722Hdfc Bank Limited₹26 LakhOpen
16 Feb 2022100573979Hdfc Bank Limited₹22.88 CrOpen
07 Aug 2020100373931Others₹20 LakhSatisfied
25 May 2020100373932Others₹75 LakhSatisfied
07 Dec 200610034797Union Bank of India₹1.18 CrSatisfied

To see the full charge records of Hastalloy India Limited, buy the company report.

Total charge records: 13 View all charges

Credit ratings & regulatory alerts

Hastalloy India Limited was last rated by Crisil on 15 Sep 2020.

Rating agencyRated onRating
Crisil15 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.

Employee count
87
Active EPFO establishments
1
Employee growth
-1.14%

GST

Hastalloy India has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
37AAACH5560M1ZAAndhra PradeshActive01 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.

AGM
Hastalloy India Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Hastalloy India Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Vijayawada.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.26 Cr with Charge ID 100884722 was registered on 21 Dec 2023.
Charges
A charge with Hdfc Bank Limited of Rs. 22.88 Cr registered on 16 Feb 2022 with Charge ID 100573979 was modified on 18 Jul 2023.
Charges
A charge registered on 07 Aug 2020 via Charge ID 100373931 with Others was fully satisfied on 01 Jun 2022.
Charges
A charge registered on 25 May 2020 via Charge ID 100373932 with Others was fully satisfied on 01 Jun 2022.
Charges
A charge registered on 12 Jul 2006 via Charge ID 10015774 with Others was fully satisfied on 01 Jun 2022.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 22.88 Cr with Charge ID 100573979 was registered on 16 Feb 2022.
Charges
A charge with Others amounted to Rs. 0.20 Cr with Charge ID 100373931 was registered on 07 Aug 2020.
Charges
A charge with Others amounted to Rs. 0.75 Cr with Charge ID 100373932 was registered on 25 May 2020.
Charges
A charge with Others of Rs. 22.50 Cr registered on 12 Jul 2006 with Charge ID 10015774 was modified on 29 Oct 2019.
Ceased
Kristna Murty Koneru ceased to be Director.

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:

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.