Skyward Rolling & Alloys Limited
About Skyward Rolling & Alloys Limited
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Skyward Rolling & Alloys Limited is a public limited company based in Jalandhar, Punjab, India. It operates in the metals retail and distribution segment of the metals and mining sector. It was incorporated on 22 February 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U27100PB2011PLC034719. Its GSTIN is 07AAPCS5491P1ZB (Delhi). The company holds 3 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors including Amrinder Singh and Om Parkash Jain.
Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at 12 Ram Bagh Colony Opposite Gaushala Transport Nagar, Jalandhar, Punjab, India – 144001.
As per the financials filed for FY 2021, the company reported a revenue of ₹8.7 Cr, a decline of 77% compared to the previous year. For the same year it recorded a net profit of ₹2.95 Lakh (net margin 0.3%) and EBITDA of ₹10.2 Lakh (EBITDA margin 1.2%). Revenue has declined at a compounded annual rate (CAGR) of 66% over three years and 50% over five years.
Court records list 6 cases involving the company, including 4 filed by the company and 2 filed against it; 2 cases are pending.
Company details
Contact details
Skyward Rolling & Alloys Limited's registered office is in Jalandhar, Punjab. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address12 Ram Bagh Colony Opposite Gaushala Transport Nagar, Jalandhar, Punjab, India – 144001
- IndustryMetals and Minerals, Metal Retail & Distribution
To see the full contact details of Skyward Rolling & Alloys 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 Skyward Rolling & Alloys is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Skyward Rolling & Alloys Limited, buy the company report.
Financials of Skyward Rolling & Alloys Limited
FY 2021 filings availableSkyward Rolling & Alloys Limited reported revenue of ₹8.7 Cr (down 77% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 50% over five years, including a 77% fall in the latest year. EBITDA fell 25% 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 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹8.7 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹10.2 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹2.95 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 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 1.2% | ||||
| Net Profit Margin | 0.3% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
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| 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 Skyward Rolling & Alloys Limited, buy the company report.
Board of directors of Skyward Rolling & Alloys Limited
Skyward Rolling & Alloys has 3 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Amrinder Singh Also directs: Surmount Softech Solutions Private Limited | Director | 30 Sep 2020 | 6 Years 1 Months | Current |
| Om Parkash Jain Also directs: Kapsons Insulations Private Limited | Director | 27 May 2021 | 5 Years 5 Months | Current |
| Yogesh Singh Also directs: Magna Wires Pvt Ltd, V R Insulations Pvt Ltd | Director | 22 Feb 2011 | 15 Years 8 Months | Current |
Peer comparison
Skyward Rolling & Alloys 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 |
|---|---|---|---|---|---|---|
| Sabarmati Resources Limited | ₹8.76 Cr (FY 2020) | -18.0% | Ahmedabad, Gujarat, India | |||
| Shanvi Steels Private Limited | ₹8.75 Cr (FY 2025) | -11.0% | Bhiwadi, Rajasthan, India | |||
| Skyward Rolling & Alloys Limitedthis company | ₹8.7 Cr (FY 2021) | ₹2.95 Lakh | 0.3% | -77.0% | Jalandhar, Punjab, India | |
| Gharonda Steel Icon (I) Private Limited | ₹8.68 Cr (FY 2025) | 598.0% | Indore, Madhya Pradesh, India | |||
| Amba Ispat Private Limited | ₹8.62 Cr (FY 2025) | 200.0% | Bhilai, Chhattisgarh, India | |||
| Jabico Steels Private Limited | ₹8.62 Cr (FY 2022) | 5.0% | New Delhi, Delhi, India |
To see the full peer comparison of Skyward Rolling & Alloys Limited, buy the company report.
Auditor
Skyward Rolling & Alloys Limited is audited by KAPUR AMIT & ASSOCIATES for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| KAPUR AMIT & ASSOCIATES | FY 2021 | 020411N |
Shareholding
The shareholding of Skyward Rolling & Alloys Limited is on record for 2 financial years, the latest being FY 2021, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Skyward Rolling & Alloys Limited, buy the company report.
Legal cases
Skyward Rolling & Alloys Limited has 6 court cases on record: 4 filed by Skyward Rolling & Alloys, 2 filed against it. 2 cases are pending and 4 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 4 | 0 | 1 |
| Supreme Court | 2 | 2 | 1 |
Cases on record (5 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Supreme Court | Court case | Filed against the company by Assistant Commissioner of Income Tax | Pending |
| High Court, PUNJAB | Writ petition | Filed by the company against Union of India and Others and 5 others | Pending |
| High Court of Punjab and Haryana | Writ petition | Filed by the company against Assisstant Commissioner of Income Tax Circle 1 JLD | Disposed |
| High Court, PUNJAB | Writ petition | Filed by the company against Union of India and Others and 3 others | Disposed |
| Supreme Court | Court case (0419-Indirect Taxes Matters : Interpretation of the Central Excise Act & the rules) | Filed against the company by Union of India Secretary Ministry of Finance North Block, ,New Delhi , Delhi and 1 other | Disposed |
To see the full case history of Skyward Rolling & Alloys 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 Skyward Rolling & Alloys Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Skyward Rolling & Alloys has 3 GST registrations: 1 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AAPCS5491P1ZB | Delhi | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Skyward Rolling & Alloys Limited, buy the company report.
Recent activity
Skyward Rolling & Alloys Limited has 8 board changes on record since 2011: 3 appointments and 5 cessations. The latest: Om Parkash Jain ceased to be Additional Director on 30 Nov 2021.
Frequently asked questions
Skyward Rolling & Alloys is an active public limited company based in Jalandhar, Punjab, India. The company works in metal retail and distribution, within the metals and minerals industry. It was incorporated on 22 February 2011 (15+ years old) and is registered under CIN U27100PB2011PLC034719.
Skyward Rolling & Alloys has 3 current directors:
- Amrinder Singh - Director
- Om Parkash Jain - Director
- Yogesh Singh - Director
The latest financial statements of Skyward Rolling & Alloys on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 30 November 2021. Year-wise statements from 2015 are in the company report.
The GSTIN of Skyward Rolling & Alloys is 07AAPCS5491P1ZB, registered in Delhi. The company has 3 GST registrations in all, of which 1 is active and 2 are cancelled or inactive.
The CIN (Corporate Identification Number) of Skyward Rolling & Alloys is U27100PB2011PLC034719. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Skyward Rolling & Alloys has 6 court cases on record: 4 filed by the company and 2 filed against it. 2 are pending. Most are in the high courts.
Skyward Rolling & Alloys was incorporated on 22 February 2011, making it 15+ years old. It is registered with the Registrar of Companies, Chandigarh.
The peers of Skyward Rolling & Alloys by revenue are Sabarmati Resources Limited, Shanvi Steels Private Limited, Gharonda Steel Icon (I) Private Limited, Amba Ispat Private Limited, Jabico Steels Private Limited, all in the Metals and Minerals industry (Metal Retail and Distribution), with the same principal business activity (wholesale trading).
Om Parkash Jain ceased to be Additional Director on 30 Nov 2021. Om Parkash Jain was appointed as Director on 27 May 2021. Pawan Kumar ceased to be Director on 27 May 2021. Skyward Rolling & Alloys has 8 board changes on record in total.
The registered office of Skyward Rolling & Alloys is at 12 Ram Bagh Colony Opposite Gaushala Transport Nagar, Jalandhar, Punjab, India – 144001.
Skyward Rolling & Alloys operates in the metals and minerals industry, in the metal retail and distribution segment.
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