Palghar Rolling Mills Private Limited
About Palghar Rolling Mills Private Limited
Data last updated:
Palghar Rolling Mills Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Dev Land & Housing Private Limited. It operates in the metal foundry and fabrication services segment of the engineering sector. It was incorporated on 09 August 1971 and has been in existence for over 55 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U29230MH1971PTC015273. Its GSTIN is 27AADCP5474F1ZA (Maharashtra).
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹18.5 Lakh. It is led by directors Dev Vijay Thakkar and Jatin Sablok.
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 Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹16.65 Lakh, a decline of 100% compared to the previous year. For the same year it recorded a net loss of ₹2.83 Cr and EBITDA of ₹16.22 Lakh (EBITDA margin 97.4%). Revenue has grown at a compounded annual rate (CAGR) of 41% over three years and 53% over five years.
As per MCA filings, the company has open charges of ₹24 Lakh and satisfied charges of ₹100.45 Cr on record. Court records list 19 cases involving the company, including 4 filed by the company and 15 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Palghar Rolling Mills Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered Address10th Floor Dev Plaza Opp. Andheri Fire Station S.V. Road Andheri (, W), Mumbai, Maharashtra, India – 400058
- IndustryEngineering, Metal Foundry & Fabrication Services
To see the full contact details of Palghar Rolling Mills Private 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
Financials of Palghar Rolling Mills Private Limited
FY 2025 filings availablePalghar Rolling Mills Private Limited reported revenue of ₹16.65 Lakh (down 100% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 53% over five years. EBITDA fell 100% 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 |
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| Total Expenses | |||||
| EBITDA | ₹16.22 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹2.83 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 97.4% | ||||
| Net Profit Margin | |||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
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| Revenue Growth | |||||
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To see the full financial statements and ratios of Palghar Rolling Mills Private Limited, buy the company report.
Board of directors of Palghar Rolling Mills Private Limited
Palghar Rolling Mills has 2 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Dev Vijay Thakkar | Director | 04 Mar 2020 | 6 Years 7 Months | Current |
| Jatin Sablok | Director | 04 Mar 2020 | 6 Years 7 Months | Current |
Peer comparison
Palghar Rolling Mills Private Limited is compared with the 10 companies closest to it by revenue in the Engineering industry (Foundry and Fabrication), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Gold Mohar Steel Ltd | ₹17.06 Lakh (FY 2025) | 3291.0% | Kolkata, West Bengal, India | |||
| SF Forgings Private Limited | ₹16.99 Lakh (FY 2025) | 69.0% | Howrah, West Bengal, India | |||
| Messers Tethys Piling Projects Private Limited | ₹16.99 Lakh (FY 2024) | -51.0% | Greater Mumbai, Maharashtra, India | |||
| Prestige Metal Systems (India ) Private Limited | ₹16.68 Lakh (FY 2019) | -85.0% | Mumbai, Maharashtra, India | |||
| Indwell Lianings Private Limited | ₹16.66 Lakh (FY 2025) | 1145.0% | Sriperumbudur, Tamil Nadu, India | |||
| Palghar Rolling Mills Private Limitedthis company | ₹16.65 Lakh (FY 2025) | -₹2.83 Cr | -100.0% | Mumbai, Maharashtra, India | ||
| Pune Carbide Tools Private Limited | ₹16.55 Lakh (FY 2016) | -27.0% | Pune, Maharashtra, India | |||
| Silvertel Infratech Private Limited | ₹16.41 Lakh (FY 2025) | 1635.0% | Bhayander, Maharashtra, India | |||
| Topik Metals Private Limited | ₹16.38 Lakh (FY 2023) | 83906.0% | Faridabad, Haryana, India | |||
| Sankalp Commodities Private Limited | ₹16.28 Lakh (FY 2024) | 14.0% | Rajsamand, Rajasthan, India | |||
| Kesoram Refractories Pvt Ltd | ₹16.25 Lakh (FY 2025) | -40.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Palghar Rolling Mills Private Limited, buy the company report.
Auditor
Palghar Rolling Mills Private Limited is audited by Bhuta Shah & Co LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Bhuta Shah & Co LLP | FY 2023 | 101083W |
Shareholding
The shareholding of Palghar Rolling Mills Private 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 Palghar Rolling Mills Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 09 May 1980 | 90362292 | Syndicate Bank | ₹6 Lakh | Open | |
| 30 Nov 1978 | 90362219 | The Bank of Cochin Ltd. | ₹3 Lakh | Open | |
| 06 Jul 1978 | 90362200 | The Oriental Bank of Commerce Ltd. | ₹15 Lakh | Open | |
| 28 Jun 2016 | 100040614 | Others | ₹100 Cr | Satisfied | |
| 23 Jan 1984 | 90362638 | Bank of Baroda | ₹45 Lakh | Satisfied |
To see the full charge records of Palghar Rolling Mills Private Limited, buy the company report.
Total charge records: 5 View all charges
Legal cases
Palghar Rolling Mills Private Limited has 19 court cases on record: 4 filed by Palghar Rolling Mills, 15 filed against it. 1 case is pending and 18 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 16 | 13 | 1 |
| District courts | 3 | 2 | 0 |
Cases on record (5 of 19)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Court case (CRE) | Filed against the company by Bank of Baroda. | Pending |
| Bombay High Court | Writ petition | Filed by the company against Bank of Baroda | Disposed |
| Bombay High Court | Interim or miscellaneous application | Filed against the company by Bombay Rayon Clothing Ltd. and Anr. | Disposed |
| Bombay High Court | Court case (CHS) | Filed against the company by Bombay Rayon Clothing Ltd. and Anr. | Disposed |
| Bombay High Court | Court case (CHOL) | Filed against the company by Bombay Rayon Clothing Ltd. and Anr. | Disposed |
To see the full case history of Palghar Rolling Mills 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 Palghar Rolling Mills Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Palghar Rolling Mills has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AADCP5474F1ZA | Maharashtra | Active | 22 Nov 2023 |
To see the full GST registrations and return filing status of Palghar Rolling Mills Private Limited, buy the company report.
Recent activity
Palghar Rolling Mills Private Limited has 16 board changes on record since 1971: 9 appointments and 7 cessations. The latest: Prashant Janardan Agrawal ceased to be Additional Director on 18 Aug 2020.
15 earlier events are in the company report.
Frequently asked questions
Palghar Rolling Mills is an active private limited company based in Mumbai, Maharashtra, India. The company works in metal foundry and fabrication services, within the engineering industry. It was incorporated on 09 August 1971 (55+ years old) and is registered under CIN U29230MH1971PTC015273.
Palghar Rolling Mills has 2 current directors:
- Dev Vijay Thakkar - Director
- Jatin Sablok - Director
The latest financial statements of Palghar Rolling Mills 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 Palghar Rolling Mills is 27AADCP5474F1ZA, registered in Maharashtra.
The CIN (Corporate Identification Number) of Palghar Rolling Mills is U29230MH1971PTC015273. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Palghar Rolling Mills has 19 court cases on record: 4 filed by the company and 15 filed against it. 1 is pending. Most are in the high courts.
Palghar Rolling Mills was incorporated on 09 August 1971, making it 55+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Palghar Rolling Mills by revenue are Gold Mohar Steel Ltd, SF Forgings Private Limited, Messers Tethys Piling Projects Private Limited, Prestige Metal Systems (India ) Private Limited, Indwell Lianings Private Limited and 5 more, all in the Engineering industry (Foundry and Fabrication).
Prashant Janardan Agrawal ceased to be Additional Director on 18 Aug 2020. Hari Jiva Varchand ceased to be Director on 30 Jun 2020. Navin Panchalal Savla ceased to be Director on 30 Jun 2020. Palghar Rolling Mills has 16 board changes on record in total.
The registered office of Palghar Rolling Mills is at 10th Floor Dev Plaza Opp. Andheri Fire Station S.V. Road Andheri , W, Mumbai, Maharashtra, India – 400058.
Palghar Rolling Mills operates in the engineering industry, in the metal foundry and fabrication services segment.
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