About Sail Refractory Company Limited
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Sail Refractory Company Limited is a public limited union government company based in Salem, Tamil Nadu, India, a subsidiary of Steel Authority Of India Limited. It operates in the construction materials segment of the manufacturing sector. It was incorporated on 23 August 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Coimbatore, under CIN U14200TZ2011GOI017357. Its GSTIN is 33AAQCS7998J1ZB (Tamil Nadu).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors including Praveen Nigam and Prasanna Kumar Rath.
Its last annual general meeting (AGM) was held on 06 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Salem Steel Plant, Tamil Nadu, India – 636013.
As per the financials filed for FY 2025, the company reported a revenue of ₹175.33 Cr. For the same year it recorded a net profit of ₹17.87 Cr (net margin 10.2%) and EBITDA of ₹24.72 Cr (EBITDA margin 14.1%). Revenue has declined at a compounded annual rate (CAGR) of 5% over three years and 3% over five years.
The company is associated with 2 brands: SRCL and SAIL. Court records list 153 cases involving the company, including 47 filed by the company and 106 filed against it; 55 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 sail.co.in.
Company details
Contact details
Sail Refractory Company Limited's registered office is in Salem, Tamil Nadu. Its website is sail.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressSalem Steel Plant, Tamil Nadu, India – 636013
- IndustryManufacturing, Construction Materials
To see the full contact details of Sail Refractory Company 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
Brands
Sail Refractory Company operates two associated brands: SRCL and SAIL. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufactures and supplies refractory bricks and materials for industrial sectors globally. | srclsalem.in | |
| Steel products are produced by this Indian state-owned company. | sail.co.in |
Business activity
The main business activity of Sail Refractory Company is mining and quarrying. In detail, this covers mining of metal ores.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| B | Mining and quarrying | B3 | Mining of Metal Ores |
To see the full business activity and turnover split of Sail Refractory Company Limited, buy the company report.
Financials of Sail Refractory Company Limited
FY 2025 filings availableSail Refractory Company Limited reported revenue of ₹175.33 Cr for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 3% over five years. EBITDA fell 13% 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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| EBITDA | ₹24.72 Cr | ||||
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| Net Profit (PAT) | ₹17.87 Cr | ||||
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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 | 14.1% | ||||
| Net Profit Margin | 10.2% | ||||
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To see the full financial statements and ratios of Sail Refractory Company Limited, buy the company report.
Board of directors of Sail Refractory Company Limited
Sail Refractory Company has 8 current directors and 25 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Praveen Nigam Also directs: Almora Magnesite Limited, Ntpc-Sail Power Company Limited | Director | 02 Aug 2022 | 4 Years 3 Months | Current |
| Prabir Kumar Sarkar | Additional Director | 16 Apr 2025 | 1 Years 6 Months | Current |
| Prasanna Kumar Rath | Director | 08 Aug 2022 | 4 Years 2 Months | Current |
| Vishnukant Pandey | Director | 02 Aug 2022 | 4 Years 3 Months | Current |
| Abhijit Narendra | Nominee Director | 16 Jul 2025 | 1 Years 3 Months | Current |
| Anirban Dasgupta | Director | 05 Feb 2022 | 4 Years 8 Months | Current |
Auditor
Sail Refractory Company Limited is audited by N.D.PANI & D.B.R.GUPTA for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| N.D.PANI & D.B.R.GUPTA | FY 2023 | 002555S |
Shareholding
The shareholding of Sail Refractory Company 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 Sail Refractory Company Limited, buy the company report.
Legal cases
Sail Refractory Company Limited has 153 court cases on record: 47 filed by Sail Refractory Company, 106 filed against it. 55 cases are pending and 98 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 142 | 100 | 51 |
| District courts | 10 | 6 | 3 |
| Supreme Court | 1 | 0 | 1 |
Cases on record (5 of 153)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Salem, Tamil Nadu | Execution petition | Filed by the company against United India Insurance Company Ltd, Represented by Its Senior Divisional Mangar, | Pending |
| District court, Salem, Tamil Nadu | Court case (COS) | Filed by the company against United India Insurance Company Ltd Represented by Its Divisional Office I | Disposed |
| District court, Salem, Tamil Nadu | Criminal miscellaneous application | Filed against the company by Tamilnadu Pollution Control Board | Pending |
| Madras High Court | Interim or miscellaneous application | Filed against the company by an individual | Pending |
| Madras High Court | Writ petition | Filed against the company by an individual | Pending |
To see the full case history of Sail Refractory Company 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 Sail Refractory Company Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Sail Refractory Company has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAQCS7998J1ZB | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Sail Refractory Company Limited, buy the company report.
Recent activity
Sail Refractory Company Limited has 33 board changes on record since 2013: 8 appointments and 25 cessations. The latest: Ravindra Kumar Bisare was appointed as Additional Director on 24 Nov 2025.
24 earlier events are in the company report.
News
Frequently asked questions
Sail Refractory Company is an active public limited union government company based in Salem, Tamil Nadu, India. The company works in construction materials, within the manufacturing industry. It was incorporated on 23 August 2011 (15+ years old) and is registered under CIN U14200TZ2011GOI017357.
Sail Refractory Company has 8 current directors:
- Praveen Nigam - Director
- Prabir Kumar Sarkar - Additional Director
- Prasanna Kumar Rath - Director
- Vishnukant Pandey - Director
- Abhijit Narendra - Nominee Director
- Anirban Dasgupta - Director
- Manish Raj Gupta - Director
- Ravindra Kumar Bisare - Additional Director
The latest financial statements of Sail Refractory Company on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 06 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Sail Refractory Company is 33AAQCS7998J1ZB, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Sail Refractory Company is U14200TZ2011GOI017357. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sail Refractory Company has 153 court cases on record: 47 filed by the company and 106 filed against it. 55 are pending. Most are in the high courts.
Sail Refractory Company was incorporated on 23 August 2011, making it 15+ years old. It is registered with the Registrar of Companies, Coimbatore.
Ravindra Kumar Bisare was appointed as Additional Director on 24 Nov 2025. Manish Raj Gupta ceased to be Additional Director on 05 Sep 2025. Prabir Kumar Sarkar ceased to be Additional Director on 05 Sep 2025. Sail Refractory Company has 33 board changes on record in total.
Sail Refractory Company can be reached through the website sail.co.in. Its registered office is in Salem, Tamil Nadu, India.
The registered office of Sail Refractory Company is at Salem Steel Plant, Tamil Nadu, India – 636013.
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