Scot Free Steels Limited
About Scot Free Steels Limited
Data last updated:
Scot Free Steels Limited is a public limited company based in Palakkad, Kerala, India. It operates in the steel manufacturing and processing segment of the metals and mining sector. It was incorporated on 16 December 2002 and has been in existence for over 24 years.
The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN U27104KL2002PLC015829. Its GSTIN is 32AAHCS2002E1Z4 (Kerala).
The company has an authorised share capital of ₹5.4 Cr and a paid-up capital of ₹5.4 Cr. It is led by directors including Padinhakara Mohammed Mustafa (Managing Director) and Aarif Kadavath Mohammed.
Its last annual general meeting (AGM) was held on 30 September 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office is at Door No VIII/781 Fnida Kanjikode, Palakkad, Kerala, India – 678621.
As per the financials filed for FY 2020, the company reported a revenue of ₹46.09 Cr, a decline of 40% compared to the previous year. For the same year it recorded a net profit of ₹33.24 Lakh (net margin 0.7%) and EBITDA of ₹1.43 Cr (EBITDA margin 3.1%). Revenue has declined at a compounded annual rate (CAGR) of 4% over five years.
As per MCA filings, the company has open charges of ₹5.45 Cr on record. Court records list 14 cases involving the company, including 10 filed by the company and 4 filed against it; 4 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Scot Free Steels Limited's registered office is in Palakkad, Kerala. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressDoor No VIII/781 Fnida Kanjikode, Palakkad, Kerala, India – 678621
- IndustryMetals and Minerals, Steel Manufacturing & Processing
To see the full contact details of Scot Free Steels 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
Business activity
The main business activity of Scot Free Steels is manufacturing. In detail, this covers metal and metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products |
To see the full business activity and turnover split of Scot Free Steels Limited, buy the company report.
Financials of Scot Free Steels Limited
FY 2020 filings availableScot Free Steels Limited reported revenue of ₹46.09 Cr (down 40% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 4% over five years, including a 40% fall in the latest year. EBITDA rose 18% 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 | ₹46.09 Cr | ||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹1.43 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹33.24 Lakh | ||||
| 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 3.1% | ||||
| Net Profit Margin | 0.7% | ||||
| 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 Scot Free Steels Limited, buy the company report.
Board of directors of Scot Free Steels Limited
Scot Free Steels has 4 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Abdulshukkoor Mundakkatt Thody Also directs: Msba Budget Supermarket LLP, Habitats and Edifices LLP | Additional Director | 03 May 2021 | 5 Years 6 Months | Current |
| Aarif Kadavath Mohammed | Director | 08 Jun 2019 | 7 Years 5 Months | Current |
| Padinhakara Mohammed Mustafa | Managing Director | 17 Dec 2002 | 23 Years 10 Months | Current |
| Abdul Azeez Palakkal Also directs: 3Pn Developers LLP, Al-Sam Developers LLP, Pulkuzhi Alameen Crusher Private Limited and 3 more | Director | 03 Apr 2018 | 8 Years 7 Months | Current |
Shareholding
The shareholding of Scot Free Steels Limited 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 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Scot Free Steels Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 Sep 2003 | 90019399 | Others | ₹4.1 Cr | Open | |
| 09 Jul 2003 | 90019255 | Kerala State Industrial Development Corporation Ltd. | ₹1.35 Cr | Open |
To see the full charge records of Scot Free Steels Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Scot Free Steels Limited has 14 court cases on record: 10 filed by Scot Free Steels, 4 filed against it. 4 cases are pending and 10 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 7 | 2 | 4 |
| High courts | 6 | 1 | 0 |
| NCLT | 1 | 1 | 0 |
Cases on record (5 of 14)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Palakkad, Kerala | Commercial suit | Filed against the company by an individual | Pending |
| District court, Palakkad, Kerala | Criminal complaint | Filed by the company against an individual | Pending |
| District court, Palakkad, Kerala | Criminal complaint | Filed by the company against an individual | Pending |
| District court, Palakkad, Kerala | Civil suit | Filed against the company by an individual | Pending |
| High Court | Writ petition | Filed against the company by an individual | Disposed |
To see the full case history of Scot Free Steels 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 Scot Free Steels Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Scot Free Steels has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 32AAHCS2002E1Z4 | Kerala | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Scot Free Steels Limited, buy the company report.
Recent activity
Scot Free Steels Limited has 13 board changes on record since 2002: 4 appointments and 9 cessations. The latest: Abdulshukkoor Mundakkatt Thody was appointed as Additional Director on 03 May 2021.
7 earlier events are in the company report.
Frequently asked questions
Scot Free Steels is an active public limited company based in Palakkad, Kerala, India. The company works in steel manufacturing and processing, within the metals and minerals industry. It was incorporated on 16 December 2002 (24+ years old) and is registered under CIN U27104KL2002PLC015829.
Scot Free Steels has 4 current directors:
- Padinhakara Mohammed Mustafa - Managing Director
- Abdulshukkoor Mundakkatt Thody - Additional Director
- Aarif Kadavath Mohammed - Director
- Abdul Azeez Palakkal - Director
The latest financial statements of Scot Free Steels on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 30 September 2020. Year-wise statements from 2015 are in the company report.
The GSTIN of Scot Free Steels is 32AAHCS2002E1Z4, registered in Kerala.
The CIN (Corporate Identification Number) of Scot Free Steels is U27104KL2002PLC015829. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Scot Free Steels has 14 court cases on record: 10 filed by the company and 4 filed against it. 4 are pending. Most are in the district courts.
Scot Free Steels was incorporated on 16 December 2002, making it 24+ years old. It is registered with the Registrar of Companies, Ernakulam.
Abdulshukkoor Mundakkatt Thody was appointed as Additional Director on 03 May 2021. Kadeejamohammed ceased to be Director on 03 May 2021. Aarif Kadavath Mohammed ceased to be Additional Director on 31 Dec 2020. Scot Free Steels has 13 board changes on record in total.
The registered office of Scot Free Steels is at Door No VIII781 Fnida Kanjikode, Palakkad, Kerala, India – 678621.
Scot Free Steels operates in the metals and minerals industry, in the steel manufacturing and processing segment.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
