India's Most Valuable Companies 2024 edition · Source: Hurun India
Rank#360- Valuation
- ₹15,550 Cr
2023 #392 2022 #279 2021 #277
Revenue · FY 2025
₹15,626 Cr
▲ 11% YoY
Net profit · FY 2025
₹719.76 Cr
Net margin 4.6%
EBITDA · FY 2025
₹2,405.97 Cr
EBITDA margin 15.4%
Authorised capital
₹3,205 Cr
Registered with MCA
Paid-up capital
₹274.19 Cr
Issued & subscribed
Open charges
₹12,998 Cr
Satisfied ₹1,159.72 Cr
Company age
64 yrs
Est. 1962
Employees · EPFO
9,475
Provident fund records
About Rungta Mines Limited
Data last updated:
Rungta Mines Limited is a public limited company based in Kolkata, West Bengal, India. It operates in the steel manufacturing and processing segment of the metals and mining sector. It was incorporated on 01 December 1962 and has been in existence for over 64 years.
Its director Nandlal Rungta and family are #229 among India's richest people (2026). Its director Mukund Rungta and family are #551 among India's richest people (2026).
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U26911WB1962PLC025691. Its GSTIN is 19AABCR6463N2ZQ (West Bengal). The company holds 10 GST registrations, of which 7 are active.
The company has an authorised share capital of ₹3,205 Cr and a paid-up capital of ₹274.19 Cr. It was formerly known as Rungta Mines Private Limited. It is led by directors including Ashutosh Mohanty (Managing Director) and Pradeep Kumar Chaturvedi (Whole-Time Director).
Its last annual general meeting (AGM) was held on 26 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 8A Express Tower 42A Shakespeare Sarani, Kolkata, West Bengal, India – 700017.
As per the financials filed for FY 2025, the company reported a revenue of ₹15,626 Cr, a growth of 11% compared to the previous year. For the same year it recorded a net profit of ₹719.76 Cr (net margin 4.6%) and EBITDA of ₹2,405.97 Cr (EBITDA margin 15.4%). Revenue has grown at a compounded annual rate (CAGR) of 38% over three years.
The company has about 9,475 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Rungta Steel. As per MCA filings, the company has open charges of ₹12,998 Cr and satisfied charges of ₹1,159.72 Cr on record. Court records list 230 cases involving the company, including 133 filed by the company and 97 filed against it; 44 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website rungtamines.com.
Company details
CIN U26911WB1962PLC025691
Registration Number 025691
Incorporation Date 01 December 1962
ROC Kolkata
Listing Status Unlisted
Company Status Active
Date of Last AGM 26 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
CIN history
Rungta Mines has one previous CIN (Corporate Identification Number): L26911WB1962PLC025691. The current CIN is U26911WB1962PLC025691, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U26911WB1962PLC025691 | Current |
| L26911WB1962PLC025691 | Previous |
Key People
Ashutosh Mohanty Managing Director Pradeep Kumar Chaturvedi Whole-Time Director Pranaya Kumar Deo Whole-Time Director Recognitions & Rankings of Rungta Mines
India's Richest People 2026 edition · 2 directors · Source: Hurun India
- #229 Nandlal Rungta & family ₹16,200 Cr
- #551 Mukund Rungta & family ₹6,100 Cr
Contact details
Rungta Mines Limited's registered office is in Kolkata, West Bengal. Its website is rungtamines.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address8A Express Tower 42A Shakespeare Sarani, Kolkata, West Bengal, India – 700017
- IndustryMetals and Minerals, Steel Manufacturing & Processing
To see the full contact details of Rungta Mines Limited, buy the company report.
Comprehensive company report
Rungta Mines 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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Brands
Rungta Mines operates one associated brand: Rungta Steel. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Produces TMT bars, wire rods, and steel materials for construction and industrial use. | rungtasteel.com |
Business activity
The main business activities of Rungta Mines are manufacturing and electricity, gas, steam and air condition supply. In detail, this covers metal and metal products and electric power generation, transmission and distribution. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products | |
| D | Electricity, gas, steam and air condition supply | D1 | Electric power generation, transmission and distribution |
To see the full business activity and turnover split of Rungta Mines Limited, buy the company report.
Financials of Rungta Mines Limited
FY 2025 filings availableRungta Mines Limited reported revenue of ₹15,626 Cr (up 11% YoY) for FY 2025.
Revenue · FY 2025
₹15,626 Cr ▲ 11%
Net profit · FY 2025
₹719.76 Cr margin 4.6%
EBITDA · FY 2025
₹2,405.97 Cr margin 15.4%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 11%
3 years · compounded
▲ 38%
EBITDA CAGR growth
1 year
▲ 40%
3 years · compounded
▲ 75%
5 years · compounded
▲ 978%
Revenue has grown at a compounded annual rate (CAGR) of 38% over three years, including 11% growth in the latest year. EBITDA rose 40% 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 | ₹15,626 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹2,405.97 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹719.76 Cr | ||||
| 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 | 15.4% | ||||
| Net Profit Margin | 4.6% | ||||
| 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 Rungta Mines Limited, buy the company report.
Board of directors of Rungta Mines Limited
Rungta Mines has 13 current directors and 18 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ashutosh Mohanty | Managing Director | 01 Jul 2012 | 14 Years 4 Months | Current |
| Pradeep Kumar Chaturvedi | Whole-Time Director | 01 Dec 2020 | 5 Years 11 Months | Current |
| Pranaya Kumar Deo | Whole-Time Director | 01 Dec 2020 | 5 Years 11 Months | Current |
| Mukund Rungta | Director | 30 Jun 1992 | 34 Years 4 Months | Current |
| Hirak Mazumder | Director | 07 Feb 2011 | 15 Years 9 Months | Current |
| Siddharth Rungta | Director | 03 Jul 2001 | 25 Years 4 Months | Current |
Showing 6 of 13 current directors. View all directors
Peer comparison
Rungta Mines Limited is compared with the 5 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.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Rashtriya Ispat Nigam Ltd | ₹18,763 Cr (FY 2025) | -20.0% | Andhra Pradesh, India | |||
| Orissa Metaliks Private Limited | ₹16,536 Cr (FY 2024) | 4.0% | Kolkata, West Bengal, India | |||
| Rungta Mines Limitedthis company | ₹15,626 Cr (FY 2025) | ₹719.76 Cr | 4.6% | 11.0% | 9,475 | Kolkata, West Bengal, India |
| Jindal Stainless (Hisar) Limited | ₹15,130 Cr (FY 2022) | 59.0% | Hisar, Haryana, India | |||
| Shyam Sel and Power Limited | ₹9,219.22 Cr (FY 2025) | 20.0% | Kolkata, West Bengal, India | |||
| Rashmi Metaliks Limited | ₹8,995.06 Cr (FY 2024) | 19.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Rungta Mines Limited, buy the company report.
Auditor
Rungta Mines Limited is audited by K.N.Gutgutia & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| K.N.Gutgutia & Co. | FY 2023 | 304153E |
Shareholding
The shareholding of Rungta Mines Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Rungta Mines Limited, buy the company report.
Charges & borrowings
Open charges
₹12,998 Cr
Satisfied charges
₹1,159.72 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 18 Mar 2026 | 101271566 | Canara Bank | ₹500 Cr | Open | |
| 18 Mar 2026 | 101272570 | Canara Bank | ₹958 Cr | Open | |
| 20 Nov 2025 | 101199284 | Canara Bank | ₹500 Cr | Open | |
| 16 Jan 2025 | 101044595 | Canara Bank | ₹1,440 Cr | Open | |
| 16 Jan 2025 | 101044599 | Canara Bank | ₹3,160 Cr | Open |
To see the full charge records of Rungta Mines Limited, buy the company report.
Total charge records: 28 View all charges
Legal cases
Rungta Mines Limited has 230 court cases on record: 133 filed by Rungta Mines, 97 filed against it. 44 cases are pending and 186 are disposed.
Total cases
230
Filed by the company
133
Filed against the company
97
Pending
44
Disposed
186
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 122 | 51 | 22 |
| District courts | 88 | 31 | 14 |
| Supreme Court | 13 | 10 | 3 |
| NCLAT | 5 | 5 | 5 |
| NCLT | 2 | 0 | 0 |
Cases on record (5 of 230)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLAT, NCLAT Chennai | Insolvency matter | Filed against the company by Orissa Metallurgical Industry Private Limited | Pending |
| District court, West Singhbhum at Chaibasa, Jharkhand | Interim or miscellaneous application | Filed against the company by M/S Hariom Super Infrastructural Developers (P) Ltd. and Another | Pending |
| District court, Ranchi, Jharkhand | Commercial matter | Filed by the company against M/S Hariom Super Infrastructural Developers (P) Limited and 1 other | Pending |
| District court, West Singhbhum at Chaibasa, Jharkhand | Commercial suit | Filed by the company against Hariom Super Infrastructural Developers (P) Ltd. and 1 other | Pending |
| High Court, TELANGANA | Appeal | Filed against the company by Mandava Holdings Pvt Ltd, | Disposed |
To see the full case history of Rungta Mines 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
Rungta Mines Limited was last rated by Indiarating on 23 May 2022.
| Rating agency | Rated on | Rating |
|---|---|---|
| Indiarating | 23 May 2022 |
To see the full credit ratings and regulatory alerts of Rungta Mines Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Rungta Mines Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Rungta Mines has 4 joint ventures and 1 associated company. This group structure data is as of FY 2024. The table lists each entity with its relationship and holding.
4
Joint ventures
1
Associated companies
Employees & EPFO
Rungta Mines Limited has a workforce of 9,475 employees on its EPFO records as of May 2026, across 11 active EPFO establishments.
Employee count
9,475
Active EPFO establishments
11
Employee growth
19.3%
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 9,475 |
| 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 Rungta Mines Limited, buy the company report.
GST
Rungta Mines has 10 GST registrations: 7 active and 3 cancelled or inactive. The first 4 active GSTINs are listed below.
Total GSTINs
10
Active
7
Cancelled / inactive
3
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AABCR6463N2ZQ | West Bengal | Active | 20 Sep 2017 |
| 20AABCR6463N2Z7 | Jharkhand | Active | 01 Jul 2017 |
| 21AABCR6463N1Z6 | Odisha | Active | 01 Jul 2017 |
| 20AABCR6463N3Z6 | Jharkhand | Active | 18 Oct 2017 |
To see the full GST registrations and return filing status of Rungta Mines Limited, buy the company report.
Recent activity
Rungta Mines Limited has 33 board changes on record since 1985: 16 appointments and 17 cessations. The latest: Arvind Kumar Tiwari was appointed as Additional Director on 03 Feb 2026.
Charges
A charge with Canara Bank amounted to Rs. 500.00 Cr with Charge ID 101271566 was registered on 18 Mar 2026.
Charges
A charge with Canara Bank amounted to Rs. 958.00 Cr with Charge ID 101272570 was registered on 18 Mar 2026.
Appointed
Arvind Kumar Tiwari was appointed as Additional Director.
Appointed
Madhulika Ranjan was appointed as Additional Director.
Charges
A charge with Canara Bank of Rs. 5,000.00 Cr registered on 12 Oct 2002 with Charge ID 90250550 was modified on 28 Nov 2025.
Charges
A charge with Canara Bank amounted to Rs. 500.00 Cr with Charge ID 101199284 was registered on 20 Nov 2025.
AGM
Rungta Mines Limited last Annual general meeting of members was held on 26 Sep 2025 as per latest MCA records.
Filing
Rungta Mines Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Kolkata I.
Charges
A charge with Canara Bank amounted to Rs. 1,440.00 Cr with Charge ID 101044595 was registered on 16 Jan 2025.
Charges
A charge with Canara Bank amounted to Rs. 3,160.00 Cr with Charge ID 101044599 was registered on 16 Jan 2025.
Charges
A charge with Canara Bank amounted to Rs. 1,440.00 Cr with Charge ID 100946981 was registered on 19 Jun 2024.
Charges
A charge registered on 10 Dec 2004 via Charge ID 90250809 with Canara Bank was fully satisfied on 09 Apr 2024.
78 earlier events are in the company report.
News
Frequently asked questions
Rungta Mines is an active public limited company based in Kolkata, West Bengal, India. The company works in steel manufacturing and processing, within the metals and minerals industry. It was incorporated on 01 December 1962 (64+ years old) and is registered under CIN U26911WB1962PLC025691.
Rungta Mines has 13 current directors:
- Ashutosh Mohanty - Managing Director
- Pradeep Kumar Chaturvedi - Whole-Time Director
- Pranaya Kumar Deo - Whole-Time Director
- Vikesh Singh - Whole-Time Director
- Saju Thomas - Whole-Time Director
- Braj Kishore Jha - Whole-Time Director
- Rabin Banerjee - Whole-Time Director
- Mukund Rungta - Director
- Hirak Mazumder - Director
- Siddharth Rungta - Director
- Nandlal Rungta - Director
- Arvind Kumar Tiwari - Additional Director
- Madhulika Ranjan - Additional Director
The latest financial statements of Rungta Mines on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 26 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Rungta Mines is 19AABCR6463N2ZQ, registered in West Bengal. The company has 10 GST registrations in all, of which 7 are active and 3 are cancelled or inactive. Other active GSTINs include 20AABCR6463N2Z7 (Jharkhand), 21AABCR6463N1Z6 (Odisha), 20AABCR6463N3Z6 (Jharkhand).
The CIN (Corporate Identification Number) of Rungta Mines is U26911WB1962PLC025691. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Rungta Mines has 230 court cases on record: 133 filed by the company and 97 filed against it. 44 are pending. Most are in the high courts.
Rungta Mines was incorporated on 01 December 1962, making it 64+ years old. It is registered with the Registrar of Companies, Kolkata.
The peers of Rungta Mines by revenue are Rashtriya Ispat Nigam Ltd, Orissa Metaliks Private Limited, Jindal Stainless (Hisar) Limited, Shyam Sel and Power Limited, Rashmi Metaliks Limited, all in the Metals and Minerals industry (Steel), with the same principal business activity (metal and metal products).
Arvind Kumar Tiwari was appointed as Additional Director on 03 Feb 2026. Madhulika Ranjan was appointed as Additional Director on 13 Dec 2025. Braj Kishore Jha ceased to be Additional Director on 29 Sep 2023. Rungta Mines has 33 board changes on record in total.
Rungta Mines can be reached through the website rungtamines.com. Its registered office is in Kolkata, West Bengal, India.
The registered office of Rungta Mines is at 8A Express Tower 42A Shakespeare Sarani, Kolkata, West Bengal, India – 700017.
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