
MSL Industries Limited
About MSL Industries Limited
Data last updated:
MSL Industries Limited is a public limited company based in Patna, Bihar, India. It operates in the metal foundry and fabrication services segment of the engineering sector. It was incorporated on 07 May 1971 and has been in existence for over 55 years.
The company is registered with the Registrar of Companies (ROC), Patna, under CIN L27105BR1971PLC000891. The company has 5 GST registrations on record, none of which is active. It is recorded as listed by MCA, but its shares were delisted from BSE on 04 Jul 2018 · compulsory delisting, and no longer trade on a stock exchange.
The company has an authorised share capital of ₹15 Cr and a paid-up capital of ₹8.69 Cr. It is led by directors including Satish Kumar Modi (Managing Director) and Vijay Singhania (Whole-Time 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 Sai Baba Kutir Xtt1 Road Block – D Digha Ghat P.S. Digha, Patna, Bihar, India – 800011.
As per the financials filed for FY 2023, the company reported a revenue of ₹2.48 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹6.07 Lakh (net margin -244.4%) and EBITDA of -₹5.14 Lakh (EBITDA margin -206.7%). Revenue has declined at a compounded annual rate (CAGR) of 14% over three years and 22% over five years.
The company has about 1 employee on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹49.5 Cr on record. Court records list 38 cases involving the company, including 23 filed by the company and 15 filed against it; 3 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
MSL Industries has one previous CIN (Corporate Identification Number): U27105BR1971PTC000891. The current CIN is L27105BR1971PLC000891, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L27105BR1971PLC000891 | Current |
| U27105BR1971PTC000891 | Previous |
Contact details
MSL Industries Limited's registered office is in Patna, Bihar. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressSai Baba Kutir Xtt1 Road Block – D Digha Ghat P.S. Digha, Patna, Bihar, India – 800011
- IndustryEngineering, Metal Foundry & Fabrication Services
To see the full contact details of MSL Industries 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
Financials of MSL Industries Limited
FY 2024 filings availableMSL Industries Limited reported revenue of ₹2.48 Lakh (up 199% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue rose 199% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 22%. EBITDA fell 15% 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 | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹5.14 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹6.07 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -206.7% | ||||
| Net Profit Margin | -244.4% | ||||
| 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 MSL Industries Limited, buy the company report.
Board of directors and KMP of MSL Industries Limited
MSL Industries Limited currently reports 4 directors and 1 key managerial person. 7 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sanat Kumar Bhakat Also directs: Saaj Realty Private Limited | Additional Director | 13 Aug 2020 | 6 Years 2 Months | Current |
| Swapan Kumar Dutta Also directs: Belfast Commodities Pvt.Ltd. | Cfo | 26 Mar 2018 | 8 Years 7 Months | Current |
| Vijay Singhania | Whole-Time Director | 20 Sep 2001 | 25 Years 1 Months | Current |
| Satish Kumar Modi Also directs: Belfast Commodities Pvt.Ltd. | Managing Director | 01 Dec 2009 | 16 Years 11 Months | Current |
| Alok Kumar Behera Also directs: Agro Arena Export Private Limited, Aalap Export Private Limited, FWD Spyder Logistics Private Limited and 1 more | Additional Director | 08 Mar 2019 | 7 Years 7 Months | Current |
Peer comparison
MSL Industries Limited is compared with the 10 companies closest to it by revenue in the Engineering industry (Foundry and Fabrication), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Sukhmani Builders Private Limited | ₹2.51 Lakh (FY 2025) | -30.0% | New Delhi, Delhi, India | |||
| Ankleshwar Metal Industries Private Limited | ₹2.51 Lakh (FY 2022) | Mumbai, Maharashtra, India | ||||
| L-Gita Engineering Private Limited | ₹2.5 Lakh (FY 2025) | -83.0% | Patna, Bihar, India | |||
| Tetron La Products Private Limited | ₹2.5 Lakh (FY 2023) | 71.0% | Nashik, Maharashtra, India | |||
| Keshav Ingots Private Limited | ₹2.5 Lakh (FY 2023) | 11.0% | Kolkata, West Bengal, India | |||
| MSL Industries Limitedthis company | ₹2.48 Lakh (FY 2023) | -₹6.07 Lakh | -244.4% | 199.0% | 1 | Patna, Bihar, India |
| Shri Sudharma Strips Private Limited | ₹2.48 Lakh (FY 2025) | 0.0% | New Delhi, Delhi, India | |||
| Nipin Steels Private Limited | ₹2.43 Lakh (FY 2025) | 2.0% | New Delhi, Delhi, India | |||
| Rightsource Technologies Private Limited | ₹2.42 Lakh (FY 2025) | -70.0% | Pune, Maharashtra, India | |||
| Surekha Sharma Fabtech Private Limited | ₹2.4 Lakh (FY 2025) | Noida, Uttar Pradesh, India | ||||
| Gross Educare Private Limited | ₹2.39 Lakh (FY 2024) | New Delhi, Delhi, India |
To see the full peer comparison of MSL Industries Limited, buy the company report.
Auditor
MSL Industries Limited is audited by S. MOHATA & CO. for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S. MOHATA & CO. | FY 2022 | 309052E |
Shareholding
The shareholding of MSL Industries Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of MSL Industries Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Mar 1994 | 90263494 | Icici Bank Ltd | ₹7.5 Cr | Open | |
| 27 Jan 1993 | 90263874 | State Bank of India | ₹42 Cr | Open |
To see the full charge records of MSL Industries Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
MSL Industries Limited has 38 court cases on record: 23 filed by MSL Industries, 15 filed against it. 3 cases are pending and 35 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 32 | 12 | 2 |
| District courts | 6 | 3 | 1 |
Cases on record (5 of 38)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, New Delhi, Delhi | Civil suit | Filed by the company against M/S Cmi Ltd. | Pending |
| District court, New Delhi, Delhi | Interim or miscellaneous application | Filed by the company against M/S Cmi Ltd | Disposed |
| District court, New Delhi, Delhi | Execution petition | Filed by the company against M/S Cmi Ltd | Disposed |
| High Court | Arbitration matter | Filed against the company by Tata Steel Limited(Formerly the Tata Iron & Steel Co. Ltd) | Disposed |
| High Court | Civil suit | Filed against the company by Icici Bank Ltd. | Disposed |
To see the full case history of MSL Industries 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 MSL Industries Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
MSL Industries Limited has a workforce of 1 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
GST
MSL Industries has 5 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 MSL Industries Limited, buy the company report.
Recent activity
MSL Industries Limited has 19 board changes on record since 1988: 12 appointments and 7 cessations. The latest: Sanat Kumar Bhakat was appointed as Additional Director on 13 Aug 2020.
14 earlier events are in the company report.
Frequently asked questions
MSL Industries is an active public limited company based in Patna, Bihar, India. The company works in metal foundry and fabrication services, within the engineering industry. It was incorporated on 07 May 1971 (55+ years old) and is registered under CIN L27105BR1971PLC000891.
MSL Industries has 5 current directors and KMP:
- Satish Kumar Modi - Managing Director
- Vijay Singhania - Whole-Time Director
- Sanat Kumar Bhakat - Additional Director
- Alok Kumar Behera - Additional Director
- Swapan Kumar Dutta - Cfo
The latest financial statements of MSL Industries 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.
No. MSL Industries has 5 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of MSL Industries is L27105BR1971PLC000891. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
MSL Industries is recorded as a listed company by MCA, but its shares were delisted from BSE on 04 Jul 2018 · compulsory delisting, and no longer trade on a stock exchange.
MSL Industries has 38 court cases on record: 23 filed by the company and 15 filed against it. 3 are pending. Most are in the high courts.
MSL Industries was incorporated on 07 May 1971, making it 55+ years old. It is registered with the Registrar of Companies, Patna.
The peers of MSL Industries by revenue are Sukhmani Builders Private Limited, Ankleshwar Metal Industries Private Limited, L-Gita Engineering Private Limited, Tetron La Products Private Limited, Keshav Ingots Private Limited and 5 more, all in the Engineering industry (Foundry and Fabrication).
Sanat Kumar Bhakat was appointed as Additional Director on 13 Aug 2020. Rabindra Nath Dutta ceased to be Company Secretary on 31 May 2020. Achyut Kumar Choudhury ceased to be Additional Director on 30 Jun 2019. MSL Industries has 19 board changes on record in total.
The registered office of MSL Industries is at Sai Baba Kutir Xtt1 Road Block – D Digha Ghat P.S. Digha, Patna, Bihar, India – 800011.

