MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-TN-02-0038757
Sivanandha Steels Limited - metals and minerals in Chennai, Tamil Nadu, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹1.12 Cr
▲ 18% YoY
Net profit · FY 2024
₹3.24 Lakh
Net margin 2.9%
EBITDA · FY 2024
₹18.89 Lakh
EBITDA margin 16.9%
Authorised capital
₹3.8 Cr
Registered with MCA
Paid-up capital
₹3.67 Cr
Issued & subscribed
Open charges
₹36.96 Lakh
Satisfied ₹10.83 Cr
Company age
63 yrs
Est. 1963
Directors on board
7
As per MCA filings
About Sivanandha Steels Limited
Data last updated:
Sivanandha Steels Limited is a public limited company based in Chennai, Tamil Nadu, India. It operates in the metals retail and distribution segment of the metals and mining sector. It was incorporated on 04 December 1963 and has been in existence for over 63 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U27109TN1963PLC111217. Its GSTIN is 33AADCS0678N1Z1 (Tamil Nadu).
The company has an authorised share capital of ₹3.8 Cr and a paid-up capital of ₹3.67 Cr. It is led by directors including Ponnuswamy Venkatesan (Managing Director) and Ramaswamy Ponnuswamy Krishnamurthi (Managing Director).
Its last annual general meeting (AGM) was held on 27 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 18 19&20 Ambit Park Road Ambattur Industrial Estate, Chennai, Tamil Nadu, India – 600058.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.12 Cr, a growth of 18% compared to the previous year. For the same year it recorded a net profit of ₹3.24 Lakh (net margin 2.9%) and EBITDA of ₹18.89 Lakh (EBITDA margin 16.9%). Revenue has grown at a compounded annual rate (CAGR) of 33% over three years and 10% over five years.
As per MCA filings, the company has open charges of ₹36.96 Lakh and satisfied charges of ₹10.83 Cr on record. Court records list 44 cases involving the company, including 31 filed by the company and 13 filed against it; 6 cases are pending.
Sivanandha Steels Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-02-0038757). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website sivanandhasteels.com.
Company details
CIN U27109TN1963PLC111217
Registration Number 111217
Incorporation Date 04 December 1963
ROC Chennai
Listing Status Unlisted
Company Status Active
Date of Last AGM 27 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-TN-02-0038757
CIN history
Sivanandha Steels has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U27109TN1963PLC111217, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U27109TN1963PLC111217 | Current |
| U27109TZ1963PLC000510 | Previous |
| L27109TZ1963PLC000510 | Previous |
Key People
Ponnuswamy Venkatesan Managing Director Ramaswamy Ponnuswamy Krishnamurthi Managing Director Gurunamasivayan Rajavel Director Recognitions & Rankings of Sivanandha Steels
Contact details
Sivanandha Steels Limited's registered office is in Chennai, Tamil Nadu. Its website is sivanandhasteels.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address18 19&20 Ambit Park Road Ambattur Industrial Estate, Chennai, Tamil Nadu, India – 600058
- IndustryMetals and Minerals, Metal Retail & Distribution
To see the full contact details of Sivanandha Steels Limited, buy the company report.
Comprehensive company report
Sivanandha Steels 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 activities of Sivanandha Steels are trade and real estate. In detail, this covers wholesale trading and real estate activities with own or leased property. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | |
| L | Real Estate | L1 | Real estate activities with own or leased property |
To see the full business activity and turnover split of Sivanandha Steels Limited, buy the company report.
Financials of Sivanandha Steels Limited
FY 2024 filings availableSivanandha Steels Limited reported revenue of ₹1.12 Cr (up 18% YoY) for FY 2024.
Revenue · FY 2024
₹1.12 Cr ▲ 18%
Net profit · FY 2024
₹3.24 Lakh margin 2.9%
EBITDA · FY 2024
₹18.89 Lakh margin 16.9%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 18%
3 years · compounded
▲ 33%
5 years · compounded
▲ 10%
EBITDA CAGR growth
1 year
▼ 48%
3 years · compounded
▲ 87%
5 years · compounded
▼ 1%
Revenue has grown at a compounded annual rate (CAGR) of 10% over five years, including 18% growth in the latest year. EBITDA fell 48% 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 | |||||
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| Total Revenue | |||||
| Cost of Materials Consumed | |||||
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| Depreciation and Amortisation | |||||
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| Total Expenses | |||||
| EBITDA | ₹18.89 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹3.24 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
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| Inventories | |||||
| Trade Receivables | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 16.9% | ||||
| Net Profit Margin | 2.9% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Efficiency and Growth | |||||
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| Receivable Days | |||||
| Payable Days | |||||
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| Revenue Growth | |||||
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To see the full financial statements and ratios of Sivanandha Steels Limited, buy the company report.
Board of directors of Sivanandha Steels Limited
Sivanandha Steels has 7 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Gurunamasivayan Rajavel | Director | 29 Dec 2005 | 20 Years 10 Months | Current |
| Ramanathan Marudachalam Also directs: Sivanandha Pipe Fittings Limited | Director | 01 Dec 2007 | 18 Years 11 Months | Current |
| Ponnuswamy Venkatesan | Managing Director | 01 Feb 1970 | 56 Years 9 Months | Current |
| Gopalakrishnan Natarajan Also directs: Sivanandha Pipe Fittings Limited, Essorpe Mills Private Limited | Director | 13 Jul 2012 | 14 Years 3 Months | Current |
| Ramaswamy Ponnuswamy Krishnamurthi Also directs: UK Yarns Private Limited | Managing Director | 13 Jul 2012 | 14 Years 3 Months | Current |
| Karthikesan Venkatesan | Director | 01 Dec 2007 | 18 Years 11 Months | Current |
Showing 6 of 7 current directors. View all directors
Peer comparison
Sivanandha Steels Limited is compared with the 5 companies closest to it by revenue in the Metals and Minerals industry (Metal Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Anav Engineering Private Limited | ₹1.14 Cr (FY 2025) | -48.0% | Kolkata, West Bengal, India | |||
| Utility Overseas Private Limited | ₹1.13 Cr (FY 2019) | 3.0% | New Delhi, Delhi, India | |||
| Sivanandha Steels Limitedthis company | ₹1.12 Cr (FY 2024) | ₹3.24 Lakh | 2.9% | 18.0% | Chennai, Tamil Nadu, India | |
| SF Engineering Projects & Equipments Private Limited | ₹1.11 Cr (FY 2023) | -35.0% | Mumbai, Maharashtra, India | |||
| Ramco Metals Private Limited | ₹1.1 Cr (FY 2025) | -4.0% | Siliguri, West Bengal, India | |||
| Alco Sheets & Panels Private Limited | ₹1.1 Cr (FY 2017) | -32.0% | Delhi, India |
To see the full peer comparison of Sivanandha Steels Limited, buy the company report.
Auditor
Sivanandha Steels Limited is audited by V.CHANDRASEKARAN & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| V.CHANDRASEKARAN & ASSOCIATES | FY 2023 | 591S |
Shareholding
The shareholding of Sivanandha Steels 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 Sivanandha Steels Limited, buy the company report.
Charges & borrowings
Open charges
₹36.96 Lakh
Satisfied charges
₹10.83 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Aug 2024 | 101001791 | Hdfc Bank Limited | ₹10.64 Lakh | Open | |
| 30 Mar 2022 | 100585626 | Hdfc Bank Limited | ₹11.32 Lakh | Open | |
| 30 Dec 2020 | 100424155 | Hdfc Bank Limited | ₹15 Lakh | Open | |
| 25 Feb 1998 | 90008551 | Aruna Centre & Finance Limited | ₹41.7 Lakh | Satisfied | |
| 20 Jan 1997 | 80000072 | Bank of Baroda | ₹- | Satisfied |
To see the full charge records of Sivanandha Steels Limited, buy the company report.
Total charge records: 37 View all charges
Legal cases
Sivanandha Steels Limited has 44 court cases on record: 31 filed by Sivanandha Steels, 13 filed against it. 6 cases are pending and 38 are disposed.
Total cases
44
Filed by the company
31
Filed against the company
13
Pending
6
Disposed
38
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 41 | 10 | 6 |
| District courts | 2 | 2 | 0 |
| Supreme Court | 1 | 1 | 0 |
Cases on record (5 of 44)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Supreme Court | Appeal | Filed against the company by Kotak Mahindra Bank Ltd | Disposed |
| High Court, TAMIL NADU | Writ petition | Filed by the company against Kotak Mahindra Bank Limited | Disposed |
| High Court, TAMIL NADU | Interim or miscellaneous application | Filed by the company against Kotak Mahindra Bank Limited | Disposed |
| District court, Chennai, Tamil Nadu | Civil suit | Filed against the company by TKM Transport Management Services Ltd., | Disposed |
| High Court, TAMIL NADU | Company petition | Filed against the company by M/S Ivp Ltd., | Disposed |
To see the full case history of Sivanandha 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 Sivanandha Steels Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Sivanandha Steels Limited has 1 active EPFO establishment as of Apr 03, 2024.
Active EPFO establishments
1
GST
Sivanandha Steels has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AADCS0678N1Z1 | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Sivanandha Steels Limited, buy the company report.
Recent activity
Sivanandha Steels Limited has 10 board changes on record since 1970: 7 appointments and 3 cessations. The latest: Venkatesan Ramganeshan was appointed as Director on 13 Jul 2016.
AGM
Sivanandha Steels Limited last Annual general meeting of members was held on 27 Sep 2024 as per latest MCA records.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.11 Cr with Charge ID 101001791 was registered on 28 Aug 2024.
Filing
Sivanandha Steels Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.11 Cr with Charge ID 100585626 was registered on 30 Mar 2022.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.15 Cr with Charge ID 100424155 was registered on 30 Dec 2020.
Appointed
Venkatesan Ramganeshan was appointed as Director.
Ceased
Ramaswamy Ponnuswamy Krishnamurthi ceased to be Director.
Appointed
Gopalakrishnan Natarajan was appointed as Director.
Appointed
Ramaswamy Ponnuswamy Krishnamurthi was appointed as Managing Director.
Charges
A charge registered on 25 Feb 1998 via Charge ID 90008551 with Aruna Centre & Finance Limited was fully satisfied on 11 Apr 2009.
Ceased
Karthikesan Venkatesan ceased to be Additional Director.
Ceased
Ramanathan Marudachalam ceased to be Additional Director.
72 earlier events are in the company report.
Frequently asked questions
Sivanandha Steels is an active public limited company based in Chennai, Tamil Nadu, India. The company works in metal retail and distribution, within the metals and minerals industry. It was incorporated on 04 December 1963 (63+ years old) and is registered under CIN U27109TN1963PLC111217.
Sivanandha Steels has 7 current directors:
- Ponnuswamy Venkatesan - Managing Director
- Ramaswamy Ponnuswamy Krishnamurthi - Managing Director
- Gurunamasivayan Rajavel - Director
- Ramanathan Marudachalam - Director
- Gopalakrishnan Natarajan - Director
- Karthikesan Venkatesan - Director
- Venkatesan Ramganeshan - Director
The latest financial statements of Sivanandha Steels on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 27 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Sivanandha Steels is 33AADCS0678N1Z1, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Sivanandha Steels is U27109TN1963PLC111217. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sivanandha Steels has 44 court cases on record: 31 filed by the company and 13 filed against it. 6 are pending. Most are in the high courts.
Sivanandha Steels was incorporated on 04 December 1963, making it 63+ years old. It is registered with the Registrar of Companies, Chennai.
The peers of Sivanandha Steels by revenue are Anav Engineering Private Limited, Utility Overseas Private Limited, SF Engineering Projects & Equipments Private Limited, Ramco Metals Private Limited, Alco Sheets & Panels Private Limited, all in the Metals and Minerals industry (Metal Retail and Distribution), with the same principal business activity (wholesale trading).
Venkatesan Ramganeshan was appointed as Director on 13 Jul 2016. Ramaswamy Ponnuswamy Krishnamurthi ceased to be Director on 01 Oct 2012. Gopalakrishnan Natarajan was appointed as Director on 13 Jul 2012. Sivanandha Steels has 10 board changes on record in total.
Yes, Sivanandha Steels is registered as a micro enterprise under Udyam registration (number: UDYAM-TN-02-0038757).
Sivanandha Steels can be reached through the website sivanandhasteels.com. Its registered office is in Chennai, Tamil Nadu, India.
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