MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2023-24)
- Udyam number
- UDYAM-KL-10-0004558
Palakkandy Steels Private Limited
Palakkandy Steels Private Limited - metals and minerals in Palakkad, Kerala, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹59.88 Cr
▲ 7% YoY
Net profit · FY 2025
₹9.58 Lakh
Net margin 0.2%
EBITDA · FY 2025
₹1.25 Cr
EBITDA margin 2.1%
Authorised capital
₹3.5 Cr
Registered with MCA
Paid-up capital
₹2.24 Cr
Issued & subscribed
Open charges
₹10.15 Cr
Satisfied ₹2.51 Cr
Company age
30 yrs
Est. 1996
Directors on board
5
As per MCA filings
About Palakkandy Steels Private Limited
Data last updated:
Palakkandy Steels Private Limited is a private limited company based in Palakkad, Kerala, India. It operates in the metals retail and distribution segment of the metals and mining sector. It was incorporated on 07 October 1996 and has been in existence for over 30 years.
The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN U27106KL1996PTC010823. Its GSTIN is 32AABCP3582G1ZM (Kerala). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹3.5 Cr and a paid-up capital of ₹2.24 Cr. It is led by directors including Palakkandy Hafeesulla (Managing Director) and Pathummabi Kunhu Moideen Kutty.
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 Smrithi VI/706 Pirivusala P O Chandra Nagar, Palakkad, Kerala, India – 678007.
As per the financials filed for FY 2025, the company reported a revenue of ₹59.88 Cr, a growth of 7% compared to the previous year. For the same year it recorded a net profit of ₹9.58 Lakh (net margin 0.2%) and EBITDA of ₹1.25 Cr (EBITDA margin 2.1%). Revenue has declined at a compounded annual rate (CAGR) of 11% over three years and 1% over five years.
As per MCA filings, the company has open charges of ₹10.15 Cr and satisfied charges of ₹2.51 Cr on record. Court records list 11 cases involving the company, including 10 filed by the company and 1 filed against it; 2 cases are pending.
Palakkandy Steels Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-KL-10-0004558). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U27106KL1996PTC010823
Registration Number 010823
Incorporation Date 07 October 1996
ROC Ernakulam
Listing Status Unlisted
Company Status Active
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-KL-10-0004558
Key People
Palakkandy Hafeesulla Managing Director Pathummabi Kunhu Moideen Kutty Director Shoukath Ali Charupadikkal Director Recognitions & Rankings of Palakkandy Steels
Contact details
Palakkandy Steels Private Limited's registered office is in Palakkad, Kerala. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressSmrithi VI/706 Pirivusala P O Chandra Nagar, Palakkad, Kerala, India – 678007
- IndustryMetals and Minerals, Metal Retail & Distribution
To see the full contact details of Palakkandy Steels Private Limited, buy the company report.
Comprehensive company report
Palakkandy Steels Private 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 Palakkandy Steels is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Palakkandy Steels Private Limited, buy the company report.
Financials of Palakkandy Steels Private Limited
FY 2024 filings availablePalakkandy Steels Private Limited reported revenue of ₹59.88 Cr (up 7% YoY) for FY 2025.
Revenue · FY 2025
₹59.88 Cr ▲ 7%
Net profit · FY 2025
₹9.58 Lakh margin 0.2%
EBITDA · FY 2025
₹1.25 Cr margin 2.1%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 7%
3 years · compounded
▼ 11%
5 years · compounded
▼ 1%
EBITDA CAGR growth
1 year
▲ 28%
3 years · compounded
▲ 11%
5 years · compounded
▲ 11%
Revenue rose 7% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 1%. EBITDA rose 28% 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 | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹1.25 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹9.58 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 | 2.1% | ||||
| Net Profit Margin | 0.2% | ||||
| 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 Palakkandy Steels Private Limited, buy the company report.
Board of directors of Palakkandy Steels Private Limited
Palakkandy Steels has 5 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pathummabi Kunhu Moideen Kutty | Director | 17 Oct 1996 | 30 Years 0 Months | Current |
| Shoukath Ali Charupadikkal | Director | 17 Oct 1996 | 30 Years 0 Months | Current |
| Mujeeb Rahiman Charupadikkal | Director | 07 Oct 1996 | 30 Years 1 Months | Current |
| Palakkandy Hafeesulla | Managing Director | 07 Oct 1996 | 30 Years 1 Months | Current |
| Moideenkoya Palakandy Also directs: M P S Steels Private Limited, Aiswarya Steels Private Limited, Vadhi Steels Private Limited and 1 more | Director | 07 Oct 1996 | 30 Years 1 Months | Current |
Peer comparison
Palakkandy Steels Private Limited is compared with the 5 companies closest to it by revenue in the Metals and Minerals industry (Metal Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Lambodar Iron Private Limited | ₹59.95 Cr (FY 2023) | 164.0% | Kolkata, West Bengal, India | |||
| Steel Mont Private Limited | ₹59.95 Cr (FY 2025) | -57.0% | Mumbai, Maharashtra, India | |||
| Ssavco Universal Private Limited | ₹59.91 Cr (FY 2025) | 12.0% | Mumbai, Maharashtra, India | |||
| Newever Trade Wings Limited | ₹59.88 Cr (FY 2016) | -13.0% | Kolkata, West Bengal, India | |||
| Palakkandy Steels Private Limitedthis company | ₹59.88 Cr (FY 2025) | ₹9.58 Lakh | 0.2% | 7.0% | Palakkad, Kerala, India | |
| Kobelco Trading India Private Limited | ₹59.54 Cr (FY 2025) | 341.0% | Gurgaon, Haryana, India |
To see the full peer comparison of Palakkandy Steels Private Limited, buy the company report.
Auditor
Palakkandy Steels Private Limited is audited by K.V. VENKITARAMAN & CO for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| K.V. VENKITARAMAN & CO | FY 2022 | 013571S |
Shareholding
The shareholding of Palakkandy Steels Private 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 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Palakkandy Steels Private Limited, buy the company report.
Charges & borrowings
Open charges
₹10.15 Cr
Satisfied charges
₹2.51 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 May 2024 | 100941138 | Hdfc Bank Limited | ₹23.35 Lakh | Open | |
| 23 May 2022 | 100596758 | Hdfc Bank Limited | ₹8.31 Lakh | Open | |
| 18 Jun 2021 | 100477314 | The South Indian Bank Limited | ₹12.96 Lakh | Open | |
| 20 Jun 2012 | 10365462 | The South Indian Bank Limited | ₹9.64 Cr | Open | |
| 01 Jul 2003 | 90019238 | Ciricorp Finance (India) Ltd | ₹6 Lakh | Open |
To see the full charge records of Palakkandy Steels Private Limited, buy the company report.
Total charge records: 7 View all charges
Legal cases
Palakkandy Steels Private Limited has 11 court cases on record: 10 filed by Palakkandy Steels, 1 filed against it. 2 cases are pending and 9 are disposed.
Total cases
11
Filed by the company
10
Filed against the company
1
Pending
2
Disposed
9
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 6 | 0 | 2 |
| District courts | 5 | 1 | 0 |
Cases on record (5 of 11)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court | Writ petition | Filed by the company against The Deputy Commissioner of State Tax and 3 others | Pending |
| High Court | Writ petition | Filed by the company against The Deputy Commiossioner of State Tax and 3 others | Pending |
| High Court | Writ petition | Filed by the company against The Assistant Commissioner of State Tax, and 1 other | Disposed |
| High Court | Appeal | Filed by the company against The Assistant Commissioner of State Tax, and 1 other | Disposed |
| District court, Palakkad, Kerala | Criminal case | Filed by the company against an individual | Disposed |
To see the full case history of Palakkandy Steels Private 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 Palakkandy Steels Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Palakkandy Steels has 2 GST registrations: 2 active.
Total GSTINs
2
Active
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 32AABCP3582G1ZM | Kerala | Active | 01 Jul 2017 |
| 32AABCP3582G1DV | Kerala | Active | 19 Nov 2024 |
To see the full GST registrations and return filing status of Palakkandy Steels Private Limited, buy the company report.
Recent activity
Palakkandy Steels Private Limited has 5 board changes on record since 1996: 5 appointments. The latest: Pathummabi Kunhu Moideen Kutty was appointed as Director on 17 Oct 1996.
AGM
Palakkandy Steels Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.23 Cr with Charge ID 100941138 was registered on 27 May 2024.
Filing
Palakkandy Steels Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ernakulam.
Charges
A charge registered on 20 Apr 2023 via Charge ID 100706524 with The South Indian Bank Limited was fully satisfied on 31 Jan 2024.
Charges
A charge with The South Indian Bank Limited of Rs. 9.64 Cr registered on 20 Jun 2012 with Charge ID 10365462 was modified on 31 Jan 2024.
Charges
A charge with The South Indian Bank Limited amounted to Rs. 2.01 Cr with Charge ID 100706524 was registered on 20 Apr 2023.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.08 Cr with Charge ID 100596758 was registered on 23 May 2022.
Charges
A charge with The South Indian Bank Limited amounted to Rs. 0.13 Cr with Charge ID 100477314 was registered on 18 Jun 2021.
Charges
A charge registered on 05 Nov 2004 via Charge ID 90020224 with Ing Vysya Bank Limited was fully satisfied on 01 Apr 2021.
Charges
A charge with The South Indian Bank Limited amounted to Rs. 9.64 Cr with Charge ID 10365462 was registered on 20 Jun 2012.
Charges
A charge with Ing Vysya Bank Limited amounted to Rs. 0.50 Cr with Charge ID 90020224 was registered on 05 Nov 2004.
Charges
A charge with Ciricorp Finance (India) Ltd amounted to Rs. 0.06 Cr with Charge ID 90019238 was registered on 01 Jul 2003.
6 earlier events are in the company report.
Frequently asked questions
Palakkandy Steels is an active private limited company based in Palakkad, Kerala, India. The company works in metal retail and distribution, within the metals and minerals industry. It was incorporated on 07 October 1996 (30+ years old) and is registered under CIN U27106KL1996PTC010823.
Palakkandy Steels has 5 current directors:
- Palakkandy Hafeesulla - Managing Director
- Pathummabi Kunhu Moideen Kutty - Director
- Shoukath Ali Charupadikkal - Director
- Mujeeb Rahiman Charupadikkal - Director
- Moideenkoya Palakandy - Director
The latest financial statements of Palakkandy 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 Palakkandy Steels is 32AABCP3582G1ZM, registered in Kerala. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 32AABCP3582G1DV (Kerala).
The CIN (Corporate Identification Number) of Palakkandy Steels is U27106KL1996PTC010823. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Palakkandy Steels has 11 court cases on record: 10 filed by the company and 1 filed against it. 2 are pending. Most are in the high courts.
Palakkandy Steels was incorporated on 07 October 1996, making it 30+ years old. It is registered with the Registrar of Companies, Ernakulam.
The peers of Palakkandy Steels by revenue are Lambodar Iron Private Limited, Steel Mont Private Limited, Ssavco Universal Private Limited, Newever Trade Wings Limited, Kobelco Trading India Private Limited, all in the Metals and Minerals industry (Metal Retail and Distribution), with the same principal business activity (wholesale trading).
Pathummabi Kunhu Moideen Kutty was appointed as Director on 17 Oct 1996. Shoukath Ali Charupadikkal was appointed as Director on 17 Oct 1996. Moideenkoya Palakandy was appointed as Director on 07 Oct 1996. Palakkandy Steels has 5 board changes on record in total.
Yes, Palakkandy Steels is registered as a medium enterprise under Udyam registration (number: UDYAM-KL-10-0004558).
The registered office of Palakkandy Steels is at Smrithi VI706 Pirivusala P O Chandra Nagar, Palakkad, Kerala, India – 678007.
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