MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-19-0053510
Shripal Metal Limited - metals and minerals in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹10.5 Cr
▼ 32% YoY
Net profit · FY 2024
₹22.55 Lakh
Net margin 2.1%
EBITDA · FY 2024
₹1.04 Cr
EBITDA margin 9.9%
Authorised capital
₹15 Lakh
Registered with MCA
Paid-up capital
₹8.4 Lakh
Issued & subscribed
Open charges
₹6.15 Cr
Satisfied ₹4 Cr
Company age
22 yrs
Est. 2004
Directors on board
3
As per MCA filings
About Shripal Metal Limited
Data last updated:
Shripal Metal Limited is a public limited company based in Mumbai, Maharashtra, India. It operates in the metal manufacturing and processing segment of the metals and mining sector. It was incorporated on 25 May 2004 and has been in existence for over 22 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U27100MH2004PLC146538. Its GSTIN is 27AAICS1320G1ZN (Maharashtra). The company holds 3 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹8.4 Lakh. It is led by directors including Hitesh Mangilal Mehta and Mangilal Ashmal Mehta.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 45 C Ptank Road1St Floor, Mumbai, Maharashtra, India – 400004.
As per the financials filed for FY 2024, the company reported a revenue of ₹10.5 Cr, a decline of 32% compared to the previous year. For the same year it recorded a net profit of ₹22.55 Lakh (net margin 2.1%) and EBITDA of ₹1.04 Cr (EBITDA margin 9.9%). Revenue has grown at a compounded annual rate (CAGR) of 16% over three years.
As per MCA filings, the company has open charges of ₹6.15 Cr and satisfied charges of ₹4 Cr on record. Court records list 9 cases involving the company, including 9 filed against it; 2 cases are pending.
Shripal Metal Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0053510). The current compliance status is marked as active non-compliant by the Registrar of Companies. For more details, the company can be reached via its website shripalmetals.com.
Company details
CIN U27100MH2004PLC146538
Registration Number 146538
Incorporation Date 25 May 2004
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Non-Compliant
MSME Classification Small
Udyam Registration UDYAM-MH-19-0053510
Key People
Hitesh Mangilal Mehta Director Mangilal Ashmal Mehta Director Manjula Mangilal Mehta Additional Director Recognitions & Rankings of Shripal Metal
Contact details
Shripal Metal Limited's registered office is in Mumbai, Maharashtra. Its website is shripalmetals.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address45 C Ptank Road1St Floor, Mumbai, Maharashtra, India – 400004
- IndustryMetals and Minerals, Metal Manufacturing & Processing
To see the full contact details of Shripal Metal Limited, buy the company report.
Comprehensive company report
Shripal Metal 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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Business activity
The main business activity of Shripal Metal 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 Shripal Metal Limited, buy the company report.
Financials of Shripal Metal Limited
FY 2025 filings availableShripal Metal Limited reported revenue of ₹10.5 Cr (down 32% YoY) for FY 2024.
Revenue · FY 2024
₹10.5 Cr ▼ 32%
Net profit · FY 2024
₹22.55 Lakh margin 2.1%
EBITDA · FY 2024
₹1.04 Cr margin 9.9%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 32%
3 years · compounded
▲ 16%
EBITDA CAGR growth
1 year
▲ 1%
3 years · compounded
▲ 6%
5 years · compounded
▲ 23%
Revenue fell 32% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 16%. EBITDA rose 1% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹1.04 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹22.55 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 9.9% | ||||
| Net Profit Margin | 2.1% | ||||
| 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 Shripal Metal Limited, buy the company report.
Board of directors of Shripal Metal Limited
Shripal Metal has 3 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Hitesh Mangilal Mehta | Director | 25 Apr 2005 | 21 Years 6 Months | Current |
| Mangilal Ashmal Mehta | Director | 25 May 2004 | 22 Years 5 Months | Current |
| Manjula Mangilal Mehta | Additional Director | 23 Aug 2017 | 9 Years 2 Months | Current |
Peer comparison
Shripal Metal Limited is compared with the 3 companies closest to it by revenue in the Metals and Minerals industry (Metals), 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 |
|---|---|---|---|---|---|---|
| Nirav Commercials Limited | ₹10.56 Cr (FY 2025) | -7.0% | Mumbai, Maharashtra, India | |||
| Krishna Al-Cast Private Limited | ₹10.52 Cr (FY 2025) | -24.0% | Kolkata, West Bengal, India | |||
| Shripal Metal Limitedthis company | ₹10.5 Cr (FY 2024) | ₹22.55 Lakh | 2.1% | -32.0% | Mumbai, Maharashtra, India | |
| Mabi Alluplast Private Limited | ₹10.45 Cr (FY 2024) | -54.0% | Pardi, Gujarat, India |
To see the full peer comparison of Shripal Metal Limited, buy the company report.
Auditor
Shripal Metal Limited is audited by Acharya Ghelot & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Acharya Ghelot & Associates | FY 2023 | 141667W |
Shareholding
The shareholding of Shripal Metal 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 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Shripal Metal Limited, buy the company report.
Charges & borrowings
Open charges
₹6.15 Cr
Satisfied charges
₹4 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Jan 2022 | 100536615 | Others | ₹30 Lakh | Open | |
| 11 Jan 2022 | 100523631 | Others | ₹5.25 Cr | Open | |
| 17 Jul 2021 | 100470937 | Others | ₹60 Lakh | Open | |
| 31 Jan 2012 | 10334883 | Dhanlaxmi Bank Limited | ₹2.45 Cr | Satisfied | |
| 31 Jan 2012 | 10334898 | Dhanlaxmi Bank Limited | ₹1.55 Cr | Satisfied |
To see the full charge records of Shripal Metal Limited, buy the company report.
Total charge records: 5 View all charges
Legal cases
Shripal Metal Limited has 9 court cases on record: 9 filed against it. 2 cases are pending and 7 are disposed.
Total cases
9
Filed against the company
9
Pending
2
Disposed
7
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 9 | 9 | 2 |
Cases on record (5 of 9)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, New Delhi, Delhi | Cheque dishonour complaint | Filed against the company by M/S Isgec Heavy Engineering Limited | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Court case (SUMMARY CIVIL SUIT) | Filed against the company by Global Transportation Services P. Ltd. | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Ss cases s) | Filed against the company by Dhanlaxmi Bank Ltd., | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Secu. Case) | Filed against the company by Dhanlaxmi Bank Ltd | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Execution petition | Filed against the company by an individual | Pending |
To see the full case history of Shripal Metal 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 Shripal Metal Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Shripal Metal has 3 GST registrations: 2 active and 1 cancelled or inactive.
Total GSTINs
3
Active
2
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAICS1320G1ZN | Maharashtra | Active | 01 Jul 2017 |
| 29AAICS1320G1ZJ | Karnataka | Active | 02 Apr 2021 |
To see the full GST registrations and return filing status of Shripal Metal Limited, buy the company report.
Recent activity
Shripal Metal Limited has 8 board changes on record since 2004: 3 appointments and 5 cessations. The latest: Kirti Hitesh Mehta ceased to be Managing Director on 04 Dec 2023.
AGM
Shripal Metal Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Shripal Metal Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai I.
Ceased
Kirti Hitesh Mehta ceased to be Managing Director.
Ceased
Nikita Vikram Mehta ceased to be Managing Director.
Charges
A charge with Others of Rs. 525.00 Lakh registered on 11 Jan 2022 with Charge ID 100523631 was modified on 29 Jun 2022.
Charges
A charge with Others amounted to Rs. 30.00 Lakh with Charge ID 100536615 was registered on 28 Jan 2022.
Charges
A charge with Others amounted to Rs. 525.00 Lakh with Charge ID 100523631 was registered on 11 Jan 2022.
Charges
A charge with Others amounted to Rs. 60.00 Lakh with Charge ID 100470937 was registered on 17 Jul 2021.
Charges
A charge registered on 31 Jan 2012 via Charge ID 10334883 with Dhanlaxmi Bank Limited was fully satisfied on 16 Mar 2020.
Charges
A charge registered on 31 Jan 2012 via Charge ID 10334898 with Dhanlaxmi Bank Limited was fully satisfied on 16 Mar 2020.
Ceased
Aditya Mangilal Mehta ceased to be Director.
Appointed
Manjula Mangilal Mehta was appointed as Additional Director.
7 earlier events are in the company report.
Frequently asked questions
Shripal Metal is an active public limited company based in Mumbai, Maharashtra, India. The company works in metal manufacturing and processing, within the metals and minerals industry. It was incorporated on 25 May 2004 (22+ years old) and is registered under CIN U27100MH2004PLC146538.
Shripal Metal has 3 current directors:
- Hitesh Mangilal Mehta - Director
- Mangilal Ashmal Mehta - Director
- Manjula Mangilal Mehta - Additional Director
The latest financial statements of Shripal Metal on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Shripal Metal is 27AAICS1320G1ZN, registered in Maharashtra. The company has 3 GST registrations in all, of which 2 are active and 1 is cancelled or inactive. Other active GSTINs include 29AAICS1320G1ZJ (Karnataka).
The CIN (Corporate Identification Number) of Shripal Metal is U27100MH2004PLC146538. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Shripal Metal has 9 court cases on record: 9 filed against it. 2 are pending.
Shripal Metal was incorporated on 25 May 2004, making it 22+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Shripal Metal by revenue are Nirav Commercials Limited, Krishna Al-Cast Private Limited, Mabi Alluplast Private Limited, all in the Metals and Minerals industry (Metals), with the same principal business activity (metal and metal products).
Kirti Hitesh Mehta ceased to be Managing Director on 04 Dec 2023. Nikita Vikram Mehta ceased to be Managing Director on 04 Dec 2023. Aditya Mangilal Mehta ceased to be Director on 23 Aug 2017. Shripal Metal has 8 board changes on record in total.
Yes, Shripal Metal is registered as a small enterprise under Udyam registration (number: UDYAM-MH-19-0053510).
Shripal Metal can be reached through the website shripalmetals.com. Its registered office is in Mumbai, Maharashtra, India.
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