Ramana Sekhar Steels Ltd
About Ramana Sekhar Steels Ltd
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Ramana Sekhar Steels Ltd is a public limited company based in Chennai, Tamil Nadu, India. It operates in the metals retail and distribution segment of the metals and mining sector. It was incorporated on 19 March 1993 and has been in existence for over 33 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U51102TN1993PLC024646. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹8 Cr and a paid-up capital of ₹6.8 Cr. It was formerly known as Ramana Sekhar Steels Pvt Ltd. It is led by directors including Ramana Sekhar Arumugam and Arumugham Sureshkumar.
Its last annual general meeting (AGM) was held on 12 November 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office is at Off:Ponneri High Road Elanthancheri Village Manai New Town Chennai 103, Tamil Nadu, India – 600103.
As per the financials filed for FY 2020, the company reported a revenue of ₹5.77 Cr, a decline of 43% compared to the previous year. For the same year it recorded a net profit of ₹7.47 Cr (net margin 129.6%) and EBITDA of ₹8.82 Cr (EBITDA margin 152.8%). Revenue has declined at a compounded annual rate (CAGR) of 10% over three years.
The company has about 130 employees on its provident fund (EPFO) records.
As per MCA filings, the company has satisfied charges of ₹20.43 Cr on record. Court records list 22 cases involving the company, including 16 filed by the company and 6 filed against it; 2 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Ramana Sekhar Steels Ltd's registered office is in Chennai, Tamil Nadu. Its e-mail address is in the company report.
- Email
- Registered AddressOff:Ponneri High Road Elanthancheri Village Manai New Town Chennai 103, Tamil Nadu, India – 600103
- IndustryMetals and Minerals, Metal Retail & Distribution
To see the full contact details of Ramana Sekhar Steels Ltd, 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
Business activity
The main business activity of Ramana Sekhar Steels is trade. In detail, this covers retail trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of Ramana Sekhar Steels Ltd, buy the company report.
Financials of Ramana Sekhar Steels Ltd
FY 2020 filings availableRamana Sekhar Steels Ltd reported revenue of ₹5.77 Cr (down 43% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 10% over three years, including a 43% fall in the latest year. EBITDA rose 482% 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹5.77 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹8.82 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹7.47 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
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| Trade Payables | |||||
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| Inventories | |||||
| Trade Receivables | |||||
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Financial Ratios
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 152.8% | ||||
| Net Profit Margin | 129.6% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
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| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
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| Net Profit Growth | |||||
To see the full financial statements and ratios of Ramana Sekhar Steels Ltd, buy the company report.
Board of directors of Ramana Sekhar Steels Ltd
Ramana Sekhar Steels has 3 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ramana Sekhar Arumugam | Director | 20 Apr 2006 | 20 Years 6 Months | Current |
| Arumugham Sureshkumar | Director | 28 Sep 1993 | 33 Years 1 Months | Current |
| Arumugam Sreekanth | Director | 20 Apr 2006 | 20 Years 6 Months | Current |
Auditor
Ramana Sekhar Steels Ltd is audited by A N JAMBUNATHAN & CO for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| A N JAMBUNATHAN & CO | FY 2020 | 001250S |
Shareholding
The shareholding of Ramana Sekhar Steels Ltd is on record for 5 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Ramana Sekhar Steels Ltd, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 17 Feb 2004 | 90301230 | Asset Reconstruction Company (India) Limited | ₹6.12 Cr | Satisfied | |
| 17 Apr 1998 | 90300798 | Asset Reconstruction Company (India) Limited | ₹9.31 Cr | Satisfied | |
| 12 Mar 1997 | 90300685 | Industrial Development Bank of India | ₹5 Cr | Satisfied |
To see the full charge records of Ramana Sekhar Steels Ltd, buy the company report.
Total charge records: 3 View all charges
Legal cases
Ramana Sekhar Steels Ltd has 22 court cases on record: 16 filed by Ramana Sekhar Steels, 6 filed against it. 2 cases are pending and 20 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 21 | 5 | 2 |
| District courts | 1 | 1 | 0 |
Cases on record (5 of 22)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, TAMIL NADU | Writ petition | Filed by the company against Sun Mutiara Engineering Private Limited and 1 other | Disposed |
| High Court, TAMIL NADU | Interim or miscellaneous application | Filed by the company against Sun Mutiara Engineering Private Limited and 1 other | Disposed |
| Madras High Court | Court case (CRL OP) | Filed against the company by Steel Authority of India | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Civil suit | Filed against the company by Ray Constructions Ltd | Disposed |
| Bombay High Court | Court case (SS) | Filed against the company by Ray Constructions Ltd. | Disposed |
To see the full case history of Ramana Sekhar Steels Ltd, 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 Ramana Sekhar Steels Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Ramana Sekhar Steels has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Ramana Sekhar Steels Ltd, buy the company report.
Recent activity
Ramana Sekhar Steels Ltd has 8 board changes on record since 1993: 3 appointments and 5 cessations. The latest: Ramachandran Karthikeyan ceased to be Nominee Director on 11 Aug 2022.
8 earlier events are in the company report.
Frequently asked questions
Ramana Sekhar Steels is an active public limited company based in Chennai, Tamil Nadu, India. The company works in metal retail and distribution, within the metals and minerals industry. It was incorporated on 19 March 1993 (33+ years old) and is registered under CIN U51102TN1993PLC024646.
Ramana Sekhar Steels has 3 current directors:
- Ramana Sekhar Arumugam - Director
- Arumugham Sureshkumar - Director
- Arumugam Sreekanth - Director
The latest financial statements of Ramana Sekhar Steels on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 12 November 2020. Year-wise statements from 2015 are in the company report.
No. Ramana Sekhar Steels has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Ramana Sekhar Steels is U51102TN1993PLC024646. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ramana Sekhar Steels has 22 court cases on record: 16 filed by the company and 6 filed against it. 2 are pending. Most are in the high courts.
Ramana Sekhar Steels was incorporated on 19 March 1993, making it 33+ years old. It is registered with the Registrar of Companies, Chennai.
Ramachandran Karthikeyan ceased to be Nominee Director on 11 Aug 2022. Venkateswaran Krishnaswamy ceased to be Company Secretary on 31 Aug 2019. Ramana Sekhar Arumugam ceased to be Managing Director on 26 Jun 2014. Ramana Sekhar Steels has 8 board changes on record in total.
The registered office of Ramana Sekhar Steels is at Off:Ponneri High Road Elanthancheri Village Manai New Town Chennai 103, Tamil Nadu, India – 600103.
Ramana Sekhar Steels operates in the metals and minerals industry, in the metal retail and distribution segment.
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