Shakti Alloy Steels Ltd
About Shakti Alloy Steels Ltd
Data last updated:
Shakti Alloy Steels Ltd is a public limited company based in Sangli, Maharashtra, India. The company is currently under liquidation, meaning its assets are being sold to settle outstanding debts. It may not have the legal capacity to fulfil new contracts. It operates in the die casting and metal forming segment of the manufacturing sector. It was incorporated on 21 July 1973.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U27106MH1973PTC016697. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹76 Lakh and a paid-up capital of ₹49.06 Lakh. It is led by directors including Yashwantrao Appasaheb Nimbalkar Khardekar and Rajendra Vinayak Shirgaokar.
Its last annual general meeting (AGM) was held on 10 August 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office is at 189/1 Mahaveernagar, Sangli, Maharashtra, India – 416416.
As per the financials filed for FY 2017, the company reported a revenue of ₹6.46 Lakh, a decline of 12% compared to the previous year. For the same year it recorded a net profit of ₹19,341 (net margin 3%) and EBITDA of ₹39,341 (EBITDA margin 6.1%).
Company details
Contact details
Shakti Alloy Steels Ltd's registered office is in Sangli, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address189/1 Mahaveernagar, Sangli, Maharashtra, India – 416416
- IndustryManufacturing, Die Casting & Metal Forming
To see the full contact details of Shakti Alloy 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 Shakti Alloy 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 |
Financials of Shakti Alloy Steels Ltd
FY 2017 filings availableShakti Alloy Steels Ltd reported revenue of ₹6.46 Lakh (down 12% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue fell 12% in the latest year. EBITDA rose 106% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | |||
| Other Income | |||
| Total Revenue | ₹6.46 Lakh | ||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | ₹39,341 | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | ₹19,341 | ||
| 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 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 6.1% | ||
| Net Profit Margin | 3% | ||
| 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 Shakti Alloy Steels Ltd, buy the company report.
Board of directors of Shakti Alloy Steels Ltd
Shakti Alloy Steels has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Yashwantrao Appasaheb Nimbalkar Khardekar | Director | 15 Sep 2011 | 15 Years 1 Months | As last reported |
| Rajendra Vinayak Shirgaokar Also directs: V. S. Shirgaokar Enterprises LLP, D.M.Shirgaokar Enterprises LLP, BSJ Engineering Private Limited and 1 more | Director | 21 Jul 1973 | 53 Years 3 Months | As last reported |
| Ravindra Raghunathrao Kadam | Director | 03 Dec 2014 | 11 Years 10 Months | As last reported |
Peer comparison
Shakti Alloy Steels Ltd is compared with the 3 companies closest to it by revenue in the Manufacturing industry (Die Casting), 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 |
|---|---|---|---|---|---|---|
| D.K. Wires Private Limited | ₹6.75 Lakh (FY 2024) | 1.0% | Patna, Bihar, India | |||
| Lotey Steel Rolling Mills Private Limited | ₹6.59 Lakh (FY 2025) | 0.0% | Khanna, Punjab, India | |||
| Shakti Alloy Steels Ltdthis company | ₹6.46 Lakh (FY 2017) | ₹19,341 | 3% | -12.0% | Sangli, Maharashtra, India | |
| R G Ispat Limited | ₹6.45 Lakh (FY 2025) | -90.0% | Jaipur, Rajasthan, India |
To see the full peer comparison of Shakti Alloy Steels Ltd, buy the company report.
Auditor
Shakti Alloy Steels Ltd is audited by P G BHAGWAT & ASSOCIATES for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| P G BHAGWAT & ASSOCIATES | FY 2017 | 101119W |
Shareholding
The shareholding of Shakti Alloy Steels Ltd is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Shakti Alloy Steels Ltd, buy the company report.
Legal cases
No court or tribunal cases involving Shakti Alloy Steels Ltd are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Shakti Alloy Steels Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Shakti Alloy 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 Shakti Alloy Steels Ltd, buy the company report.
Recent activity
Shakti Alloy Steels Ltd has 6 board changes on record since 1973: 3 appointments and 3 cessations. The latest: Ravindra Raghunathrao Kadam ceased to be Additional Director on 22 Sep 2015.
Frequently asked questions
Shakti Alloy Steels is currently "Under Liquidation" as per MCA records. The company's assets are being sold to settle outstanding debts owed to creditors. A company under liquidation may not have the legal capacity to fulfil new contracts, and creditors are prioritised in the distribution of proceeds. This is a high-risk status - caution is strongly advised.
Shakti Alloy Steels is a company under liquidation, formerly operating as a company based in Sangli, Maharashtra, India. The company works in die casting and metal forming, within the manufacturing industry. It was incorporated on 21 July 1973 and is registered under CIN U27106MH1973PTC016697. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Shakti Alloy Steels has 3 current directors:
- Yashwantrao Appasaheb Nimbalkar Khardekar - Director
- Rajendra Vinayak Shirgaokar - Director
- Ravindra Raghunathrao Kadam - Director
The latest financial statements of Shakti Alloy Steels on record with the MCA are for the year ended 31 March 2017. Its last annual general meeting was held on 10 August 2017. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Shakti Alloy Steels is U27106MH1973PTC016697. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Shakti Alloy Steels was incorporated on 21 July 1973. It is registered with the Registrar of Companies, Pune.
The peers of Shakti Alloy Steels by revenue are D.K. Wires Private Limited, Lotey Steel Rolling Mills Private Limited, R G Ispat Limited, all in the Manufacturing industry (Die Casting), with the same principal business activity (metal and metal products).
Ravindra Raghunathrao Kadam ceased to be Additional Director on 22 Sep 2015. Raghunathrao Vithlrao Kadam ceased to be Director on 28 Dec 2014. Ravindra Raghunathrao Kadam was appointed as Director on 03 Dec 2014. Shakti Alloy Steels has 6 board changes on record in total.
The registered office of Shakti Alloy Steels is at 1891 Mahaveernagar, Sangli, Maharashtra, India – 416416.
No. Shakti Alloy Steels has 1 GST registration on record and it is cancelled or inactive.
Shakti Alloy Steels operates in the manufacturing industry, in the die casting and metal forming segment.