Prakash Stainless Private Limited
About Prakash Stainless Private Limited
Data last updated:
Prakash Stainless Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the metals retail and distribution segment of the metals and mining sector. It was incorporated on 07 May 2004 and has been in existence for over 22 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U51420MH2004PTC146131. Its GSTIN is 27AADCP2707K1ZD (Maharashtra).
The company has an authorised share capital of ₹75 Lakh and a paid-up capital of ₹57.93 Lakh. It is led by directors Prakash Chhaganlal Kanugo and Hemant Prakash Kanugo.
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 01st Floor Shatrunjay Apartment 28 Sindhi Lane Nanubhai Desai Road, Mumbai, Maharashtra, India – 400004.
As per the financials filed for FY 2024, the company reported a revenue of ₹15,887, a decline of 100% compared to the previous year. For the same year it recorded a net profit of ₹13,478 (net margin 84.8%) and EBITDA of ₹13,478 (EBITDA margin 84.8%). Revenue has declined at a compounded annual rate (CAGR) of 6% over three years and 66% over five years.
As per MCA filings, the company has satisfied charges of ₹25 Cr on record. Court records list 1 case involving the company, including 1 filed by the company.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Prakash Stainless Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address01st Floor Shatrunjay Apartment 28 Sindhi Lane Nanubhai Desai Road, Mumbai, Maharashtra, India – 400004
- IndustryMetals and Minerals, Metal Retail & Distribution
To see the full contact details of Prakash Stainless 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 Prakash Stainless Private Limited
FY 2025 filings availablePrakash Stainless Private Limited reported revenue of ₹15,887 (down 100% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 66% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹13,478 | ||||
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| Net Profit (PAT) | ₹13,478 | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 84.8% | ||||
| Net Profit Margin | 84.8% | ||||
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To see the full financial statements and ratios of Prakash Stainless Private Limited, buy the company report.
Board of directors of Prakash Stainless Private Limited
Prakash Stainless has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Prakash Chhaganlal Kanugo | Director | 17 May 2004 | 22 Years 5 Months | Current |
| Hemant Prakash Kanugo Also directs: Prakash Steelage Limited, Human Touch Consultancy LLP, Seth Carbon & Alloys Private Limited and 1 more | Director | 12 Dec 2015 | 10 Years 10 Months | Current |
Peer comparison
Prakash Stainless Private Limited is compared with the 4 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 |
|---|---|---|---|---|---|---|
| Prakash Stainless Private Limitedthis company | ₹15,887 (FY 2024) | ₹13,478 | 84.8% | -100.0% | Mumbai, Maharashtra, India | |
| Padmavati Alumex Private Limited | ₹15,600 (FY 2017) | 25.0% | Delhi, India | |||
| Awadh Steels Private Limited | ₹15,500 (FY 2025) | Kolkata, West Bengal, India | ||||
| S D S Tubes Private Limited | ₹15,479 (FY 2025) | 345.0% | New Delhi, Delhi, India | |||
| Unigrowth Suppliers Private Limited | ₹15,202 (FY 2025) | -21.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Prakash Stainless Private Limited, buy the company report.
Auditor
Prakash Stainless Private Limited is audited by PC Rathi & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PC Rathi & Co. | FY 2023 | 045104 |
Shareholding
The shareholding of Prakash Stainless 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 Prakash Stainless Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 20 Mar 2013 | 10449262 | Bank of Baroda | ₹15 Cr | Satisfied | |
| 19 Sep 2006 | 10022634 | Bank of Baroda | ₹10 Cr | Satisfied |
To see the full charge records of Prakash Stainless Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Prakash Stainless Private Limited has 1 court case on record: 1 filed by Prakash Stainless. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai City Civil Court, Maharashtra | Commercial suit | Filed by the company against M/.S.Hitech Engg.Corporation Pvt Ltd and 3 Ors and 3 others | Disposed |
To see the full case history of Prakash Stainless 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.
Credit ratings & regulatory alerts
Prakash Stainless Private Limited was last rated by Care on 05 Feb 2026.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 05 Feb 2026 |
To see the full credit ratings and regulatory alerts of Prakash Stainless Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Prakash Stainless Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Prakash Stainless has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AADCP2707K1ZD | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Prakash Stainless Private Limited, buy the company report.
Recent activity
Prakash Stainless Private Limited has 4 board changes on record since 2004: 2 appointments and 2 cessations. The latest: Hemant Prakash Kanugo ceased to be Additional Director on 30 Sep 2016.
Frequently asked questions
Prakash Stainless is an active private limited company based in Mumbai, Maharashtra, India. The company works in metal retail and distribution, within the metals and minerals industry. It was incorporated on 07 May 2004 (22+ years old) and is registered under CIN U51420MH2004PTC146131.
Prakash Stainless has 2 current directors:
- Prakash Chhaganlal Kanugo - Director
- Hemant Prakash Kanugo - Director
The latest financial statements of Prakash Stainless 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 Prakash Stainless is 27AADCP2707K1ZD, registered in Maharashtra.
The CIN (Corporate Identification Number) of Prakash Stainless is U51420MH2004PTC146131. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Prakash Stainless has 1 court case on record: 1 filed by the company.
Prakash Stainless was incorporated on 07 May 2004, making it 22+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Prakash Stainless by revenue are Padmavati Alumex Private Limited, Awadh Steels Private Limited, S D S Tubes Private Limited, Unigrowth Suppliers Private Limited, all in the Metals and Minerals industry (Metal Retail and Distribution), with the same principal business activity (wholesale trading).
Hemant Prakash Kanugo ceased to be Additional Director on 30 Sep 2016. Hemant Prakash Kanugo was appointed as Director on 12 Dec 2015. Surajmal Bachraj Burad ceased to be Director on 12 Dec 2015. Prakash Stainless has 4 board changes on record in total.
The registered office of Prakash Stainless is at 01st Floor Shatrunjay Apartment 28 Sindhi Lane Nanubhai Desai Road, Mumbai, Maharashtra, India – 400004.
Prakash Stainless operates in the metals and minerals industry, in the metal retail and distribution segment.