Murbad Steels Ltd
About Murbad Steels Ltd
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Murbad Steels Ltd was a public limited company based in Mumbai, Maharashtra, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the iron and steel segment of the steel sector. It was incorporated on 21 January 1982.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U27100MH1982PLC026186.
The company had an authorised share capital of ₹20 Lakh and a paid-up capital of ₹17.99 Lakh. It was led by directors including Ashok Hari and Santosh Kumar Sharma.
Its last annual general meeting (AGM) was held on 31 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office was at 112 Mittal Tower C Wing Nariman Point, Mumbai, Maharashtra, India – 400021.
As per the financials filed for FY 2020, the company reported a revenue of ₹37,356, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹5,133 (net margin -13.7%) and EBITDA of -₹5,133 (EBITDA margin -13.7%). Revenue has declined at a compounded annual rate (CAGR) of 14% over three years.
As per MCA filings, the company had satisfied charges of ₹97.63 Lakh on record.
Company details
CIN history
Murbad Steels has one previous CIN (Corporate Identification Number): L27100MH1982PLC026186. The current CIN is U27100MH1982PLC026186, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U27100MH1982PLC026186 | Current |
| L27100MH1982PLC026186 | Previous |
Contact details
Murbad Steels Ltd's registered office is in Mumbai, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered Address112 Mittal Tower C Wing Nariman Point, Mumbai, Maharashtra, India – 400021
- IndustrySteel, Iron & Steel, Manufacturing
To see the full contact details of Murbad Steels Ltd, 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 Murbad Steels Ltd
FY 2020 filings availableMurbad Steels Ltd reported revenue of ₹37,356 (up 18578% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 14% over three years. EBITDA rose 81% 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹37,356 | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹5,133 | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹5,133 | ||||
| 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 | |||||
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| Total Assets | |||||
Financial Ratios
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -13.7% | ||||
| Net Profit Margin | -13.7% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
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| 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 Murbad Steels Ltd, buy the company report.
Board of directors of Murbad Steels Ltd
Murbad Steels has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ashok Hari Also directs: Murbad Alloy Castings Pvt Ltd, K D Commercials Ltd | Director | 08 Oct 2007 | 19 Years 0 Months | As last reported |
| Santosh Kumar Sharma Also directs: Murbad Alloy Castings Pvt Ltd, K D Commercials Ltd | Director | 08 Oct 2007 | 19 Years 0 Months | As last reported |
| Ravindra Krushna Pawar | Director | 30 Sep 2019 | 7 Years 0 Months | As last reported |
Auditor
Murbad Steels Ltd is audited by DEVESH SHAH & CO for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| DEVESH SHAH & CO | FY 2020 | 102425W |
Shareholding
The shareholding of Murbad Steels Ltd is on record for 4 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Murbad Steels Ltd, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 16 Nov 1989 | 90183931 | Bank of India | ₹46.63 Lakh | Satisfied | |
| 04 Oct 1986 | 90188239 | Bank of India | ₹20 Lakh | Satisfied | |
| 09 May 1986 | 90185070 | Bank of India | ₹31 Lakh | Satisfied |
To see the full charge records of Murbad Steels Ltd, buy the company report.
Total charge records: 3 View all charges
Legal cases
No court or tribunal cases involving Murbad Steels Ltd are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Murbad Steels Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Murbad Steels Ltd; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Murbad Steels Ltd has 7 board changes on record since 2007: 3 appointments and 4 cessations. The latest: Rushikesh Navratna Gaikwad ceased to be Additional Director on 15 Oct 2019.
5 earlier events are in the company report.
Frequently asked questions
Murbad Steels has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Murbad Steels was a public limited company based in Mumbai, Maharashtra, India. The company worked in iron and steel, within the steel industry. It was incorporated on 21 January 1982 and is registered under CIN U27100MH1982PLC026186. The company has been struck off by the Registrar of Companies and is no longer operational.
Murbad Steels had 3 directors:
- Ashok Hari - Director
- Santosh Kumar Sharma - Director
- Ravindra Krushna Pawar - Director
The CIN (Corporate Identification Number) of Murbad Steels is U27100MH1982PLC026186. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Murbad Steels is at 112 Mittal Tower C Wing Nariman Point, Mumbai, Maharashtra, India – 400021.
Murbad Steels was incorporated on 21 January 1982. It is registered with the Registrar of Companies, Mumbai.
The latest financial statements of Murbad Steels on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 31 December 2020. Year-wise statements from 2015 are in the company report.
Murbad Steels operated in the steel industry, in the iron and steel segment. It worked in this industry before it was struck off.
Rushikesh Navratna Gaikwad ceased to be Additional Director on 15 Oct 2019. Ravindra Krushna Pawar was appointed as Director on 30 Sep 2019. Amar Nath Singh ceased to be Director on 03 May 2019. Murbad Steels has 7 board changes on record in total.
Murbad Steels has no open charges and satisfied charges of ₹97.63 Lakh as per latest MCA filings.