Nasik Steel Pvt Ltd - metals and minerals in Nashik, Maharashtra, India. FY 2026 financials & compliance.
CIN U27105MH1985PTC038016 Incorporated 07 November 1985 ROC Mumbai HQ Nashik, Maharashtra, India
Active Private Limited Company metals and minerals MSME · Small
Data last updated
Revenue · FY 2025
₹8.16 Cr
▼ 1% YoY
Net profit · FY 2025
₹39.66 Lakh
Net margin 4.9%
EBITDA · FY 2025
₹89.42 Lakh
EBITDA margin 11%
Authorised capital
₹1 Cr
Registered with MCA
Paid-up capital
₹1 Cr
Issued & subscribed
Open charges
₹6.04 Cr
Satisfied ₹7.12 Cr
Company age
41 yrs
Est. 1985
Employees · EPFO
10
Provident fund records

About Nasik Steel Pvt Ltd

Data last updated:

Nasik Steel Pvt Ltd is a private limited company based in Nashik, Maharashtra, India. It operates in the steel manufacturing and processing segment of the metals and mining sector. It was incorporated on 07 November 1985 and has been in existence for over 41 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U27105MH1985PTC038016. Its GSTIN is 27AAACN7619M1Z1 (Maharashtra). 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 ₹1 Cr. It is led by directors including Chandraprakash Gopichanda Banka and Narendrakumar Jhabarmal Saboo.

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 5 Sumangal Orchid Thatte Nagar Nashik Opp Hdfc Bank, Maharashtra, India – 422005.

As per the financials filed for FY 2025, the company reported a revenue of ₹8.16 Cr, a decline of 1% compared to the previous year. For the same year it recorded a net profit of ₹39.66 Lakh (net margin 4.9%) and EBITDA of ₹89.42 Lakh (EBITDA margin 11%). Revenue has grown at a compounded annual rate (CAGR) of 13% over three years and 17% over five years.

The company has about 10 employees on its provident fund (EPFO) records.

As per MCA filings, the company has open charges of ₹6.04 Cr and satisfied charges of ₹7.12 Cr on record.

Nasik Steel Pvt Ltd is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-23-0017274). The current compliance status is marked as compliant by the Registrar of Companies.

Company details

CIN U27105MH1985PTC038016
Registration Number 038016
Incorporation Date 07 November 1985
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-MH-23-0017274

Recognitions & Rankings of Nasik Steel

MSME (Udyam registered) Ministry of MSME
Category
Small (2024-25)
Udyam number
UDYAM-MH-23-0017274

Contact details

Nasik Steel Pvt Ltd's registered office is in Nashik, Maharashtra. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    5 Sumangal Orchid Thatte Nagar Nashik Opp Hdfc Bank, Maharashtra, India – 422005
  • Industry
    Metals and Minerals, Steel Manufacturing & Processing

To see the full contact details of Nasik Steel Pvt Ltd, buy the company report.

Comprehensive company report
Nasik Steel Pvt Ltd - 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 Nasik Steel is manufacturing. In detail, this covers metal and metal products.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC7Metal and metal products

To see the full business activity and turnover split of Nasik Steel Pvt Ltd, buy the company report.

Financials of Nasik Steel Pvt Ltd

FY 2025 filings available

Nasik Steel Pvt Ltd reported revenue of ₹8.16 Cr (down 1% YoY) for FY 2025.

Revenue · FY 2025
₹8.16 Cr ▼ 1%
Net profit · FY 2025
₹39.66 Lakh margin 4.9%
EBITDA · FY 2025
₹89.42 Lakh margin 11%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 1%
3 years · compounded
▲ 13%
5 years · compounded
▲ 17%
EBITDA CAGR growth
1 year
▲ 60%
3 years · compounded
▲ 15%
5 years · compounded
▲ 101%

Revenue fell 1% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 17%. EBITDA rose 60% 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
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₹89.42 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)₹39.66 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin11%
Net Profit Margin4.9%
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 Nasik Steel Pvt Ltd, buy the company report.

Board of directors of Nasik Steel Pvt Ltd

Nasik Steel has 3 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Chandraprakash Gopichanda BankaDirector15 Dec 20169 Years 10 MonthsCurrent
Narendrakumar Jhabarmal SabooDirector07 Nov 198541 Years 0 MonthsCurrent
Sharad SabooDirector15 Apr 201511 Years 6 MonthsCurrent

Peer comparison

Nasik Steel Pvt Ltd is compared with the 4 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.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Himshila Ferro Alloys Private Limited₹8.2 Cr (FY 2019)128.0%Burdwan, West Bengal, India
Mayur Sai Industries Private Limited₹8.18 Cr (FY 2025)-31.0%Chennai, Tamil Nadu, India
Nasik Steel Pvt Ltdthis company₹8.16 Cr (FY 2025)₹39.66 Lakh4.9%-1.0%10Nashik, Maharashtra, India
Padam Chand Steels Private Limited₹8.14 Cr (FY 2025)55.0%Ajmer, Rajasthan, India
Amaresh Engineering Private Limited₹8.11 Cr (FY 2025)33.0%Kolkata, West Bengal, India

To see the full peer comparison of Nasik Steel Pvt Ltd, buy the company report.

Auditor

Nasik Steel Pvt Ltd is audited by S. B. DUDHAWAT & CO. for the financial year 2021.

Auditor firmFinancial yearFirm registration number
S. B. DUDHAWAT & CO.FY 2021102774W

Shareholding

The shareholding of Nasik Steel Pvt Ltd is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2022FY 2021FY 2020FY 2019FY 2018
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Nasik Steel Pvt Ltd, buy the company report.

Charges & borrowings

Open charges
₹6.04 Cr
Satisfied charges
₹7.12 Cr
Breakdown by lending institutions
Hdfc Bank Limited₹4.99 Cr
The Thane Janata Sahakari Bank Ltd.₹1.05 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
17 Sep 2025101179711Hdfc Bank Limited₹2.5 CrOpen
22 Aug 2025101147064Hdfc Bank Limited₹2.49 CrOpen
09 Jan 201210332452The Thane Janata Sahakari Bank Ltd.₹1.05 CrOpen
12 Dec 2022100652184Tjsb Sahakari Bank Limited₹87.35 LakhSatisfied
05 Jan 2022100524933Tjsb Sahakari Bank Limited₹1.6 CrSatisfied

To see the full charge records of Nasik Steel Pvt Ltd, buy the company report.

Total charge records: 17 View all charges

MSME payment delays

Nasik Steel Pvt Ltd has 4 MSME Form 1 returns on record between 2019 and 2022, listing 27 overdue payments to 10 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.

Suppliers with reported dues (5 of 10)

SupplierAmount dueDue sinceReported on
Kay Bee Foundry Services Private Limited
an individual supplier
Tip Top Tool Works
D D & Co
an individual supplier

To see the full MSME payment records of Nasik Steel Pvt Ltd, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

Employees & EPFO

Nasik Steel Pvt Ltd has a workforce of 10 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.

Employee count
10
Active EPFO establishments
1
Employee growth
-16.7%

Headcount by financial year

Financial yearEmployees (EPFO)
FY 2026-2710
FY 2025-26
FY 2024-25
FY 2023-24
FY 2022-23
FY 2021-22
FY 2020-21
FY 2019-20
FY 2018-19
FY 2017-18
FY 2016-17

To see the full employee and EPFO history of Nasik Steel Pvt Ltd, buy the company report.

GST

Nasik Steel has 2 GST registrations: 2 active.

Total GSTINs
2
Active
2
GSTINStateStatusRegistered on
27AAACN7619M1Z1MaharashtraActive01 Jul 2017
23AAACN7619M1Z9Madhya PradeshActive15 Apr 2019

To see the full GST registrations and return filing status of Nasik Steel Pvt Ltd, buy the company report.

Recent activity

Nasik Steel Pvt Ltd has 8 board changes on record since 1985: 3 appointments and 5 cessations. The latest: Chandraprakash Gopichanda Banka was appointed as Director on 15 Dec 2016.

AGM
Nasik Steel Pvt Ltd last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 2.50 Cr with Charge ID 101179711 was registered on 17 Sep 2025.
Charges
A charge with Hdfc Bank Limited of Rs. 2.49 Cr registered on 22 Aug 2025 with Charge ID 101147064 was modified on 17 Sep 2025.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 2.49 Cr with Charge ID 101147064 was registered on 22 Aug 2025.
Charges
A charge registered on 08 Sep 2011 via Charge ID 10308029 with Tjsb Sahakari Bank Limited was fully satisfied on 29 Jul 2025.
Charges
A charge registered on 12 Dec 2022 via Charge ID 100652184 with Tjsb Sahakari Bank Limited was fully satisfied on 17 May 2025.
Charges
A charge registered on 14 Feb 2019 via Charge ID 100241654 with Tjsb Sahakari Bank Limited was fully satisfied on 17 May 2025.
Filing
Nasik Steel Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai Ii.
Charges
A charge with Tjsb Sahakari Bank Limited of Rs. 0.57 Cr registered on 14 Feb 2019 with Charge ID 100241654 was modified on 13 Nov 2024.
Charges
A charge with Tjsb Sahakari Bank Limited of Rs. 1.25 Cr registered on 08 Sep 2011 with Charge ID 10308029 was modified on 27 Dec 2023.
Charges
A charge with Tjsb Sahakari Bank Limited of Rs. 0.87 Cr registered on 12 Dec 2022 with Charge ID 100652184 was modified on 13 Mar 2023.
Charges
A charge with Tjsb Sahakari Bank Limited amounted to Rs. 0.87 Cr with Charge ID 100652184 was registered on 12 Dec 2022.

37 earlier events are in the company report.

Frequently asked questions

Nasik Steel is an active private limited company based in Nashik, Maharashtra, India. The company works in steel manufacturing and processing, within the metals and minerals industry. It was incorporated on 07 November 1985 (41+ years old) and is registered under CIN U27105MH1985PTC038016.

Nasik Steel has 3 current directors:

The latest financial statements of Nasik Steel 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 Nasik Steel is 27AAACN7619M1Z1, registered in Maharashtra. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 23AAACN7619M1Z9 (Madhya Pradesh).

The CIN (Corporate Identification Number) of Nasik Steel is U27105MH1985PTC038016. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Nasik Steel was incorporated on 07 November 1985, making it 41+ years old. It is registered with the Registrar of Companies, Mumbai.

The peers of Nasik Steel by revenue are Himshila Ferro Alloys Private Limited, Mayur Sai Industries Private Limited, Padam Chand Steels Private Limited, Amaresh Engineering Private Limited, all in the Metals and Minerals industry (Steel), with the same principal business activity (metal and metal products).

Chandraprakash Gopichanda Banka was appointed as Director on 15 Dec 2016. Chandraprakash Gopichanda Banka ceased to be Director on 01 Dec 2016. Nishant Narendra Saboo ceased to be Director on 18 Dec 2015. Nasik Steel has 8 board changes on record in total.

Yes, Nasik Steel is registered as a small enterprise under Udyam registration (number: UDYAM-MH-23-0017274).

Nasik Steel has 4 MSME Form 1 returns on record between 2019 and 2022, listing 27 overdue payments to 10 micro and small suppliers. The latest return was filed on 26 Jul 2022.

The registered office of Nasik Steel is at 5 Sumangal Orchid Thatte Nagar Nashik Opp Hdfc Bank, Maharashtra, India – 422005.

Nasik Steel operates in the metals and minerals industry, in the steel manufacturing and processing segment.