- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MH-19-0128856

About N D Metal Industries Limited
Data last updated:
N D Metal Industries Limited is a public limited company based in Mumbai, Maharashtra, India. It operates in the metal manufacturing and processing segment of the metals and mining sector. It was incorporated on 10 May 1984 and has been in existence for over 42 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN L51900MH1984PLC032864. Its GSTIN is 26AAACN1538R1Z3 (Dadra and Nagar Haveli and Daman and Diu). The company holds 4 GST registrations, of which 1 is active. It is recorded as listed by MCA, but trading in its shares on BSE (512024) has been suspended, so they do not currently trade on a stock exchange.
The company has an authorised share capital of ₹10 Cr and a paid-up capital of ₹2.48 Cr. It is led by directors including Ajay Kumar Garg (Managing Director) and Piyush Garg.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 417 Maker Chamber V Nariman Point, Mumbai, Maharashtra, India – 400021.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.41 Cr, a growth of 59% compared to the previous year. For the same year it recorded a net profit of ₹25.52 Lakh (net margin 18.1%) and EBITDA of ₹40.12 Lakh (EBITDA margin 28.5%). Revenue has declined at a compounded annual rate (CAGR) of 27% over five years.
The company is associated with 1 brand: ND Metal Industries. As per MCA filings, the company has open charges of ₹17.15 Lakh and satisfied charges of ₹53.45 Cr on record. Court records list 11 cases involving the company, including 1 filed by the company and 10 filed against it; 1 case is pending. The company has 5 deals on record (5 market trades); the latest was in March 2016.
N D Metal Industries Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0128856). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ndmil.com.
Company details
CIN history
N D Metal Industries has one previous CIN (Corporate Identification Number): U51900MH1984PLC032864. The current CIN is L51900MH1984PLC032864, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L51900MH1984PLC032864 | Current |
| U51900MH1984PLC032864 | Previous |
Recognitions & Rankings of N D Metal Industries
Contact details
N D Metal Industries Limited's registered office is in Mumbai, Maharashtra. Its website is ndmil.com. Its e-mail address is in the company report.
- Email
- Website
- Registered Address417 Maker Chamber V Nariman Point, Mumbai, Maharashtra, India – 400021
- IndustryMetals and Minerals, Metal Manufacturing & Processing
To see the full contact details of N D Metal 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
Brands
N D Metal Industries operates one associated brand: ND Metal Industries. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturer of alloy and melting services | ndmil.com |
Business activity
The main business activity of N D Metal Industries 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 N D Metal Industries Limited, buy the company report.
Financials of N D Metal Industries Limited
FY 2025 filings availableN D Metal Industries Limited reported revenue of ₹1.41 Cr (up 59% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 59% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 27%. EBITDA rose 20% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹1.41 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹40.12 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹25.52 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 28.5% | ||||
| Net Profit Margin | 18.1% | ||||
| 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 N D Metal Industries Limited, buy the company report.
Board of directors of N D Metal Industries Limited
N D Metal Industries has 6 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Piyush Garg | Director | 29 Mar 2017 | 9 Years 7 Months | Current |
| Rajesh Bansal | Director | 29 Mar 2017 | 9 Years 7 Months | Current |
| Ajay Kumar Garg Also directs: Dari Traders Private Limited, Bandra Merchandisers Private Limited, Winner Avenues Private Limited and 5 more | Managing Director | 01 Aug 1993 | 33 Years 3 Months | Current |
| Harsh Rekha Garg Also directs: Dari Traders Private Limited, Bandra Merchandisers Private Limited, Zenfakir Films Private Limited and 4 more | Director | 05 Jan 2000 | 26 Years 10 Months | Current |
| Gaurav Garg Also directs: Bandra Merchandisers Private Limited, Zenfakir Films Private Limited, Winner Avenues Private Limited and 4 more | Director | 23 Dec 2023 | 2 Years 10 Months | Current |
| Nikita Goyal Also directs: Kalpvriksh Management Services Private Limited | Additional Director | 17 Jun 2026 | 0 Years 4 Months | Current |
Auditor
N D Metal Industries Limited is audited by Suvarna & Katdare Chartered Accountants for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Suvarna & Katdare Chartered Accountants | FY 2023 | 125080W |
Shareholding
The shareholding of N D Metal Industries 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 N D Metal Industries Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 24 Aug 2006 | 10018182 | Hdfc Bank Limited | ₹17.15 Lakh | Open | |
| 31 Mar 2009 | 10157446 | Canara Bank | ₹7 Cr | Satisfied | |
| 23 Oct 2008 | 10129699 | Canara Bank | ₹5 Cr | Satisfied | |
| 16 Jun 1997 | 80035618 | Canara Bank | ₹20.5 Cr | Satisfied | |
| 16 Jun 1997 | 80035619 | Canara Bank | ₹20.95 Cr | Satisfied |
To see the full charge records of N D Metal Industries Limited, buy the company report.
Total charge records: 5 View all charges
Deals & funding
N D Metal Industries Limited has 5 deals on record (5 market trades); the latest was in March 2016.
Deals on record (5 of 5)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2016 | Market trade | ₹50.9 Lakh | Buyer: Nalanda Infrastructure Private Limited , Npa Infraestate Private Limited Seller: Gourishankar Jalan(Huf), an individual |
| Mar 2015 | Market trade | ₹1.04 Cr | Buyer: Niranjan Housing Private Limited , Arindam Sekhar Garments Marketing Pvt Ltd, Aditya Bullions & Broking Private Limited Seller: Kamal Kumar Jalan ( Huf), Gourishankar Jalan(Huf), 2 individuals |
| Nov 2014 | Market trade | ₹8.2 Lakh | Buyer: an individual Seller: an individual |
| Nov 2014 | Market trade | ₹7.8 Lakh | Buyer: an individual Seller: an individual |
| Mar 2014 | Market trade | ₹19.4 Lakh | Buyer: 2 individuals Seller: an individual |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
N D Metal Industries Limited has 11 court cases on record: 1 filed by N D Metal Industries, 10 filed against it. 1 case is pending and 10 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 10 | 9 | 1 |
| District courts | 1 | 1 | 0 |
Cases on record (5 of 11)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, MAHARASHTRA | Court case (APP) | Filed against the company by Ani Developers Pvt.Ltd. | Disposed |
| High Court, MAHARASHTRA | Court case (APP) | Filed against the company by Budhrani Housing Developers Pvt. Ltd.6 | Disposed |
| Bombay High Court | Tax appeal | Filed against the company by Commissioner of CGST and Central Excise Daman Commissionerate | Pending |
| High Court, MAHARASHTRA | Court case (APP) | Filed against the company by an individual | Disposed |
| High Court, MAHARASHTRA | Court case (APP) | Filed against the company by Mapusa Goa Enterprises, | Disposed |
To see the full case history of N D Metal 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 N D Metal Industries Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
N D Metal Industries has 4 GST registrations: 1 active and 3 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 26AAACN1538R1Z3 | Dadra and Nagar Haveli and Daman and Diu | Active | 01 Aug 2020 |
To see the full GST registrations and return filing status of N D Metal Industries Limited, buy the company report.
Recent activity
N D Metal Industries Limited has 16 board changes on record since 1993: 11 appointments and 5 cessations. The latest: Nikita Goyal was appointed as Additional Director on 17 Jun 2026.
19 earlier events are in the company report.
Frequently asked questions
N D Metal Industries is an active public limited company based in Mumbai, Maharashtra, India. The company works in metal manufacturing and processing, within the metals and minerals industry. It was incorporated on 10 May 1984 (42+ years old) and is registered under CIN L51900MH1984PLC032864.
N D Metal Industries has 6 current directors:
- Ajay Kumar Garg - Managing Director
- Piyush Garg - Director
- Rajesh Bansal - Director
- Harsh Rekha Garg - Director
- Gaurav Garg - Director
- Nikita Goyal - Additional Director
The latest financial statements of N D Metal Industries on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of N D Metal Industries is 26AAACN1538R1Z3, registered in Dadra and Nagar Haveli and Daman and Diu. The company has 4 GST registrations in all, of which 1 is active and 3 are cancelled or inactive.
The CIN (Corporate Identification Number) of N D Metal Industries is L51900MH1984PLC032864. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
N D Metal Industries is recorded as a listed company by MCA, but trading in its shares on BSE (512024) has been suspended, so they do not currently trade on a stock exchange.
N D Metal Industries has 11 court cases on record: 1 filed by the company and 10 filed against it. 1 is pending. Most are in the high courts.
N D Metal Industries was incorporated on 10 May 1984, making it 42+ years old. It is registered with the Registrar of Companies, Mumbai.
N D Metal Industries has 5 deals on record (5 market trades); the latest was in March 2016.
Nikita Goyal was appointed as Additional Director on 17 Jun 2026. Gaurav Garg was appointed as Director on 23 Dec 2023. Lalu Shrichhathu Mandal ceased to be Director on 23 Dec 2023. N D Metal Industries has 16 board changes on record in total.

