MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2023-24)
- Udyam number
- UDYAM-JK-19-0006339
Narbada Steels Limited - metals and minerals in Jammu, Jammu And Kashmir, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹184.92 Cr
▼ 6% YoY
Net loss · FY 2024
₹2.93 Cr
Net margin -1.6%
EBITDA · FY 2024
₹16.17 Lakh
EBITDA margin 0.1%
Authorised capital
₹1 Cr
Registered with MCA
Paid-up capital
₹50 Lakh
Issued & subscribed
Open charges
₹21.71 Cr
Satisfied ₹71.77 Cr
Company age
41 yrs
Est. 1985
Employees · EPFO
56
Provident fund records
About Narbada Steels Limited
Data last updated:
Narbada Steels Limited is a public limited company based in Jammu, Jammu And Kashmir, India. It operates in the steel manufacturing and processing segment of the metals and mining sector. It was incorporated on 06 June 1985 and has been in existence for over 41 years.
The company is registered with the Registrar of Companies (ROC), Jammu, under CIN U27106JK1985PLC000783. Its GSTIN is 01AAACN5769L1ZA (Jammu and Kashmir). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹50 Lakh. It is led by directors including Rahul Bansal (Managing Director) and Sanjay Aggarwal.
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 SIDCO Industrial Complex Bari Brahmana Jammu. Jammu, Jammu and Kashmir, India – 181133.
As per the financials filed for FY 2024, the company reported a revenue of ₹184.92 Cr, a decline of 6% compared to the previous year. For the same year it recorded a net loss of ₹2.93 Cr (net margin -1.6%) and EBITDA of ₹16.17 Lakh (EBITDA margin 0.1%). Revenue has grown at a compounded annual rate (CAGR) of 24% over three years and 7% over five years.
The company has about 56 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
As per MCA filings, the company has open charges of ₹21.71 Cr and satisfied charges of ₹71.77 Cr on record. Court records list 19 cases involving the company, including 6 filed by the company and 13 filed against it.
Narbada Steels Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-JK-19-0006339). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website narbadasteel.com.
Company details
CIN U27106JK1985PLC000783
Registration Number 000783
Incorporation Date 06 June 1985
ROC Jammu
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 Medium
Udyam Registration UDYAM-JK-19-0006339
CIN history
Narbada Steels has one previous CIN (Corporate Identification Number): L27106JK1985PLC000783. The current CIN is U27106JK1985PLC000783, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U27106JK1985PLC000783 | Current |
| L27106JK1985PLC000783 | Previous |
Recognitions & Rankings of Narbada Steels
Contact details
Narbada Steels Limited's registered office is in Jammu, Jammu And Kashmir. Its website is narbadasteel.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressSIDCO Industrial Complex Bari Brahmana Jammu. Jammu, Jammu and Kashmir, India – 181133
- IndustryMetals and Minerals, Steel Manufacturing & Processing
To see the full contact details of Narbada Steels Limited, buy the company report.
Comprehensive company report
Narbada Steels 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 Narbada Steels 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 Narbada Steels Limited, buy the company report.
Financials of Narbada Steels Limited
FY 2024 filings availableNarbada Steels Limited reported revenue of ₹184.92 Cr (down 6% YoY) for FY 2024.
Revenue · FY 2024
₹184.92 Cr ▼ 6%
Net loss · FY 2024
₹2.93 Cr margin -1.6%
EBITDA · FY 2024
₹16.17 Lakh margin 0.1%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 6%
3 years · compounded
▲ 24%
5 years · compounded
▲ 7%
EBITDA CAGR growth
1 year
▼ 95%
3 years · compounded
▼ 73%
5 years · compounded
▼ 53%
Revenue fell 6% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 7%. EBITDA fell 95% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
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| Total Expenses | |||||
| EBITDA | ₹16.17 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹2.93 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 0.1% | ||||
| Net Profit Margin | -1.6% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
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| Receivable Days | |||||
| Payable Days | |||||
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To see the full financial statements and ratios of Narbada Steels Limited, buy the company report.
Board of directors of Narbada Steels Limited
Narbada Steels has 6 current directors and 12 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rahul Bansal | Managing Director | 01 Apr 2001 | 25 Years 6 Months | Current |
| Sanjay Aggarwal Also directs: Four A Hotels and Resorts Private Limited | Director | 29 Sep 2018 | 8 Years 0 Months | Current |
| Surbhi Sethi | Director | 30 Nov 2019 | 6 Years 10 Months | Current |
| Romesh Kumar Badial | Director | 12 Feb 2011 | 15 Years 8 Months | Current |
| Sanya Bansal Also directs: Two A Luxury Retreats LLP, Triaksh Education Private Limited | Director | 12 Feb 2014 | 12 Years 8 Months | Current |
| Iqbal Kalra | Director | 07 Aug 2025 | 1 Years 2 Months | Current |
Peer comparison
Narbada Steels Limited is compared with the 9 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.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Mod Forge Private Limited | ₹185.99 Cr (FY 2025) | 2.0% | Chennai, Tamil Nadu, India | |||
| C P Ispat (Unit 2) Private Limited | ₹185.91 Cr (FY 2025) | -26.0% | Kolkata, West Bengal, India | |||
| Tunics Sponge Private Limited | ₹185.84 Cr (FY 2025) | 0.0% | Hyderabad, Telangana, India | |||
| Gee Aar Power Steel India Private Limited | ₹185.52 Cr (FY 2025) | 86.0% | New Delhi, Delhi, India | |||
| Narbada Steels Limitedthis company | ₹184.92 Cr (FY 2024) | -₹2.93 Cr | -1.6% | -6.0% | 56 | Jammu, Jammu And Kashmir, India |
| Saini Alloys Limited | ₹184.9 Cr (FY 2025) | -6.0% | New Delhi, Delhi, India | |||
| Mini Iron and Steel Private Limited | ₹184.4 Cr (FY 2025) | -8.0% | Nagpur, Maharashtra, India | |||
| Nalwa Special Steel Limited | ₹183.29 Cr (FY 2025) | 12775.0% | New Delhi, Delhi, India | |||
| A.R.Alloys Private Limited | ₹183.18 Cr (FY 2025) | -4.0% | Delhi, India | |||
| Ranka Steel Re-Rolling Mills Pvt. Ltd | ₹182.86 Cr (FY 2025) | 17.0% | Jaipur, Rajasthan, India |
To see the full peer comparison of Narbada Steels Limited, buy the company report.
Auditor
Narbada Steels Limited is audited by ARORA VOHRA & CO. for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ARORA VOHRA & CO. | FY 2022 | 009487N |
Shareholding
The shareholding of Narbada Steels 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 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Narbada Steels Limited, buy the company report.
Charges & borrowings
Open charges
₹21.71 Cr
Satisfied charges
₹71.77 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 26 Dec 2023 | 100848107 | Hdfc Bank Limited | ₹20.66 Cr | Open | |
| 10 May 2022 | 100593371 | Hdfc Bank Limited | ₹90 Lakh | Open | |
| 13 Dec 1986 | 90324366 | Jammu and Kashmir State Financial Corporation Ltd | ₹14.94 Lakh | Open | |
| 28 Feb 2018 | 100164424 | Hdfc Bank Limited | ₹65 Lakh | Satisfied | |
| 16 Jul 2014 | 10514064 | Hdfc Bank Limited | ₹60 Lakh | Satisfied |
To see the full charge records of Narbada Steels Limited, buy the company report.
Total charge records: 16 View all charges
Legal cases
Narbada Steels Limited has 19 court cases on record: 6 filed by Narbada Steels, 13 filed against it. All cases are disposed.
Total cases
19
Filed by the company
6
Filed against the company
13
Disposed
19
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 18 | 12 | 0 |
| District courts | 1 | 1 | 0 |
Cases on record (5 of 19)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, JAMMUKASHMIR | Tax appeal | Filed against the company by Commissioner of Central GST and Central Excise J and K Jammu | Disposed |
| High Court, JAMMUKASHMIR | Tax appeal | Filed against the company by Commissioner of CGST and Central Excise J and K Jammu | Disposed |
| High Court, JAMMUKASHMIR | Writ petition | Filed by the company against Union of India Th Secretary Deptt of Revenue Ministry of Finance and Others | Disposed |
| High Court, JAMMUKASHMIR | Writ petition | Filed by the company against State Th.Labour and Employmet Deptt.And Ors. | Disposed |
| High Court | Court case (OWP) | Filed by the company against State Th.Secy.Finance Deptt. and Ors. | Disposed |
To see the full case history of Narbada Steels 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 Narbada Steels Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Narbada Steels has 1 subsidiary company. This group structure data is as of FY 2022. The table lists each entity with its relationship and holding.
1
Subsidiary companies
Key subsidiaries
| Company Name | CIN | Shares held |
|---|---|---|
| Jammu Paper Private Limited | U21099JK1985PTC000785 |
To see the full group structure of Narbada Steels Limited, buy the company report.
Employees & EPFO
Narbada Steels Limited has a workforce of 56 employees on its EPFO records as of Apr 10, 2024, across 1 active EPFO establishment.
Employee count
56
Active EPFO establishments
1
Employee growth
-8.2%
GST
Narbada Steels has 2 GST registrations: 2 active.
Total GSTINs
2
Active
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 01AAACN5769L1ZA | Jammu and Kashmir | Active | 08 Jul 2017 |
| 01AAACN5769L1DJ | Jammu and Kashmir | Active | 04 Nov 2024 |
To see the full GST registrations and return filing status of Narbada Steels Limited, buy the company report.
Recent activity
Narbada Steels Limited has 16 board changes on record since 2001: 6 appointments and 10 cessations. The latest: Iqbal Kalra was appointed as Director on 07 Aug 2025.
Appointed
Iqbal Kalra was appointed as Director.
Charges
A charge registered on 26 Jul 2012 via Charge ID 10376413 with Hdfc Bank Limited was fully satisfied on 11 Feb 2025.
AGM
Narbada Steels Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Narbada Steels Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Jammu.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 20.66 Cr with Charge ID 100848107 was registered on 26 Dec 2023.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.90 Cr with Charge ID 100593371 was registered on 10 May 2022.
Charges
A charge registered on 28 Feb 2018 via Charge ID 100164424 with Hdfc Bank Limited was fully satisfied on 08 Mar 2022.
Charges
A charge with Hdfc Bank Limited of Rs. 22.88 Cr registered on 26 Jul 2012 with Charge ID 10376413 was modified on 13 Sep 2021.
Ceased
Rajinder Kumar Khajuria ceased to be Director.
Ceased
Raghav Aggarwal ceased to be Director.
Charges
A charge registered on 16 Jul 2014 via Charge ID 10514064 with Hdfc Bank Limited was fully satisfied on 04 Feb 2020.
Appointed
Surbhi Sethi was appointed as Director.
43 earlier events are in the company report.
Frequently asked questions
Narbada Steels is an active public limited company based in Jammu, Jammu And Kashmir, India. The company works in steel manufacturing and processing, within the metals and minerals industry. It was incorporated on 06 June 1985 (41+ years old) and is registered under CIN U27106JK1985PLC000783.
Narbada Steels has 6 current directors:
- Rahul Bansal - Managing Director
- Sanjay Aggarwal - Director
- Surbhi Sethi - Director
- Romesh Kumar Badial - Director
- Sanya Bansal - Director
- Iqbal Kalra - Director
The latest financial statements of Narbada Steels 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 Narbada Steels is 01AAACN5769L1ZA, registered in Jammu and Kashmir. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 01AAACN5769L1DJ (Jammu and Kashmir).
The CIN (Corporate Identification Number) of Narbada Steels is U27106JK1985PLC000783. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Narbada Steels has 19 court cases on record: 6 filed by the company and 13 filed against it. Most are in the high courts.
Narbada Steels was incorporated on 06 June 1985, making it 41+ years old. It is registered with the Registrar of Companies, Jammu.
The peers of Narbada Steels by revenue are Mod Forge Private Limited, C P Ispat (Unit 2) Private Limited, Tunics Sponge Private Limited, Gee Aar Power Steel India Private Limited, Saini Alloys Limited and 4 more, all in the Metals and Minerals industry (Steel), with the same principal business activity (metal and metal products).
Iqbal Kalra was appointed as Director on 07 Aug 2025. Rajinder Kumar Khajuria ceased to be Director on 31 Jul 2020. Raghav Aggarwal ceased to be Director on 12 Feb 2020. Narbada Steels has 16 board changes on record in total.
Yes, Narbada Steels is registered as a medium enterprise under Udyam registration (number: UDYAM-JK-19-0006339).
Narbada Steels can be reached through the website narbadasteel.com. Its registered office is in Jammu, Jammu And Kashmir, India.