About Srikalahasthi Pipes Limited
Data last updated:
Srikalahasthi Pipes Limited was a public limited company based in Andhra Pradesh, India. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the construction materials segment of the manufacturing sector. It was incorporated on 01 November 1991.
The company was registered with the Registrar of Companies (ROC), Vijayawada, under CIN L74999AP1991PLC013391. The company has 4 GST registrations on record, none of which is active. It is recorded as listed by MCA, but its shares were delisted from BSE on 31 Mar 2022 · merger, and no longer trade on a stock exchange.
The company had an authorised share capital of ₹53 Cr and a paid-up capital of ₹46.7 Cr. It was formerly known as Lanco Ferro Limited and Lanco Industries Limited. It was led by directors including Mayank Kejriwal (Managing Director) and Gouri Shankar Rathi (Whole-Time Director).
Its last annual general meeting (AGM) was held on 09 August 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office was at Rachgunneri Village Srikalahasthi Mandal Chittoor Dist., Andhra Pradesh, India – 517641.
As per the financials filed for FY 2021, the company reported a revenue of ₹1,558.92 Cr, a decline of 10% compared to the previous year. For the same year it recorded a net profit of ₹103.65 Cr (net margin 6.6%) and EBITDA of ₹237.22 Cr (EBITDA margin 15.2%). Revenue has grown at a compounded annual rate (CAGR) of 2% over three years and 5% over five years.
The company was associated with 1 brand: Srikalahasthi Pipes. As per MCA filings, the company had satisfied charges of ₹2,181.88 Cr on record. Court records list 131 cases involving the company, including 72 filed by the company and 59 filed against it; 27 cases are pending. The company has 36 deals on record (35 market trades, 1 qip); the latest was in October 2020.
The last known website on record is srikalahasthipipes.com.
Company details
Name history
Srikalahasthi Pipes has undergone 2 name changes throughout its history. The company was previously known as Lanco Ferro Limited, and Lanco Industries Limited. The current legal name is Srikalahasthi Pipes Limited.
| Company Name | Status |
|---|---|
| Srikalahasthi Pipes Limited | Current |
| Lanco Ferro Limited | Previous |
| Lanco Industries Limited | Previous |
CIN history
Srikalahasthi Pipes has one previous CIN (Corporate Identification Number): L99999AP1991PLC013391. The current CIN is L74999AP1991PLC013391, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L74999AP1991PLC013391 | Current |
| L99999AP1991PLC013391 | Previous |
Contact details
Srikalahasthi Pipes Limited's registered office is in Andhra Pradesh. Its website is srikalahasthipipes.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressRachgunneri Village Srikalahasthi Mandal Chittoor Dist., Andhra Pradesh, India – 517641
- IndustryManufacturing, Construction Materials, Pipe & Tubes
To see the full contact details of Srikalahasthi Pipes 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
Brands
Srikalahasthi Pipes operates one associated brand: Srikalahasthi Pipes. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Ductile iron pipes are manufactured by Srikalahasthi Pipes in India. | srikalahasthipipes.com |
Business activity
The main business activity of Srikalahasthi Pipes 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 Srikalahasthi Pipes Limited, buy the company report.
Financials of Srikalahasthi Pipes Limited
FY 2021 filings availableSrikalahasthi Pipes Limited reported revenue of ₹1,558.92 Cr (down 10% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue fell 10% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 5%. 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
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹1,558.92 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹237.22 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹103.65 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
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 15.2% | ||||
| Net Profit Margin | 6.6% | ||||
| 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 Srikalahasthi Pipes Limited, buy the company report.
Board of directors and KMP of Srikalahasthi Pipes Limited
Srikalahasthi Pipes Limited currently reports 8 directors and 1 key managerial person. 36 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Priya Manjari Todi Also directs: Electrosteel Castings Ltd, Cubbon Marketing Pvt.Ltd. | Director | 31 Jan 2018 | 8 Years 9 Months | As last reported |
| Mayank Kejriwal | Managing Director | 30 Apr 2007 | 19 Years 6 Months | As last reported |
| Gouri Shankar Rathi Also directs: Amit Trexim Pvt.Ltd. | Whole-Time Director | 08 Jun 2005 | 21 Years 5 Months | As last reported |
| Rajkumar Khanna Also directs: Electrosteel Castings Ltd, Avonmore Capital & Management Services Limited, Almondz Global Securities Limited and 1 more | Director | 09 Feb 2013 | 13 Years 9 Months | As last reported |
| Venkatesan | Director | 31 Jan 2019 | 7 Years 9 Months | As last reported |
| Ashutosh Agarwal Also directs: Madhu Regency Private Limited | Director | 30 Jul 2018 | 8 Years 3 Months | As last reported |
Auditor
Srikalahasthi Pipes Limited is audited by LODHA & CO for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| LODHA & CO | FY 2021 | 301051E |
Shareholding
The shareholding of Srikalahasthi Pipes Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Srikalahasthi Pipes Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 10 Sep 2021 | 100483521 | Yes Bank Limited | ₹150 Cr | Satisfied | |
| 23 Jun 2021 | 100483522 | Others | ₹70 Cr | Satisfied | |
| 10 Jun 2021 | 100453216 | Others | ₹40 Cr | Satisfied | |
| 09 Mar 2021 | 100424060 | Karnataka Bank Ltd. | ₹40 Cr | Satisfied | |
| 03 Dec 2020 | 100392015 | Hdfc Bank Limited | ₹30 Cr | Satisfied |
To see the full charge records of Srikalahasthi Pipes Limited, buy the company report.
Total charge records: 70 View all charges
Deals & funding
Srikalahasthi Pipes Limited has 36 deals on record (35 market trades, 1 qip); the latest was in October 2020.
Deals on record (5 of 36)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Feb 2019 | Market trade | ₹10.29 Cr | Buyer: G. K. Investments Ltd Seller: Grantham, Mayo, Van Otterloo & Co. Llc |
| Feb 2019 | Market trade | ₹10.3 Cr | Buyer: G. K. Investments Ltd Seller: Gmo Emerging Markets Fund |
| May 2014 | Market trade | ₹1.64 Cr | Seller: Dalmia Securities Pvt Ltd |
| May 2014 | Market trade | ₹84.8 Lakh | Seller: Dalmia Securities Pvt Ltd |
| May 2014 | Market trade | ₹1.03 Cr | Seller: Dalmia Securities Pvt Ltd |
To see the full deal history of Srikalahasthi Pipes Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Srikalahasthi Pipes Limited has 131 court cases on record: 72 filed by Srikalahasthi Pipes, 59 filed against it. 27 cases are pending and 104 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 94 | 32 | 24 |
| District courts | 29 | 22 | 3 |
| Supreme Court | 6 | 5 | 0 |
| NCLT | 2 | 0 | 0 |
Cases on record (5 of 131)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, ANDHRAPRADESH | Writ petition | Filed by the company against M/S. Sudalagunta Sugars Ltd, and 3 others | Pending |
| High Court, ANDHRAPRADESH | Writ petition | Filed by the company against Hindustan Petroleum Corporation Limited and 6 others | Pending |
| High Court of Karnataka | Writ petition | Filed by the company against NMDC Limited and 1 other | Pending |
| District court, Chennai, Tamil Nadu | Court case (COS) | Filed against the company by Sakthi Ferro Alloys India Pvt Ltd | Disposed |
| High Court, TELANGANA | Writ petition | Filed against the company by M/S. Rashmi Metaliks Limited, | Disposed |
To see the full case history of Srikalahasthi Pipes 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 Srikalahasthi Pipes Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Srikalahasthi Pipes has 4 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Srikalahasthi Pipes Limited, buy the company report.
Recent activity
Srikalahasthi Pipes Limited has 75 board changes on record since 1991: 42 appointments and 33 cessations. The latest: Mohua Banerjee was appointed as Director on 16 Nov 2020.
234 earlier events are in the company report.
News
Frequently asked questions
Srikalahasthi Pipes has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Srikalahasthi Pipes was a public limited company based in Andhra Pradesh, India. The company worked in construction materials, within the manufacturing industry. It was incorporated on 01 November 1991 and is registered under CIN L74999AP1991PLC013391. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Srikalahasthi Pipes was incorporated on 01 November 1991. It is registered with the Registrar of Companies, Vijayawada.
Srikalahasthi Pipes had 9 directors and KMP:
- Mayank Kejriwal - Managing Director
- Gouri Shankar Rathi - Whole-Time Director
- Priya Manjari Todi - Director
- Rajkumar Khanna - Director
- Venkatesan - Director
- Ashutosh Agarwal - Director
- Mohua Banerjee - Director
- Satyanarayana Mavireddy - Nominee Director
- Santanu Nandan Goswami - Ceo
The CIN (Corporate Identification Number) of Srikalahasthi Pipes is L74999AP1991PLC013391. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Srikalahasthi Pipes is recorded as a listed company by MCA, but its shares were delisted from BSE on 31 Mar 2022 · merger, and no longer trade on a stock exchange.
The registered office of Srikalahasthi Pipes is at Rachgunneri Village Srikalahasthi Mandal Chittoor Dist., Andhra Pradesh, India – 517641.
Srikalahasthi Pipes can be reached through the website srikalahasthipipes.com. Its registered office is in Andhra Pradesh, India.
The latest financial statements of Srikalahasthi Pipes on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 09 August 2021. Year-wise statements from 2015 are in the company report.
No. Srikalahasthi Pipes has 4 GST registrations on record and all of them are cancelled or inactive.
Sample company reports
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