About S.L.O. Industries Limited
Data last updated:
S.L.O. Industries Limited is a public limited company based in Chennai, Tamil Nadu, 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 steel manufacturing and processing segment of the metals and mining sector. It was incorporated on 17 July 2003.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U27320TN2003PLC051231. Its GSTIN is 33AAICS5453Q1ZR (Tamil Nadu).
The company has an authorised share capital of ₹3.1 Cr and a paid-up capital of ₹3.04 Cr. It is led by directors including Sharma Rakesh Kumar and Arangannal Deepalakshmi.
Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at 447/265 2nd Floor Poonamalle High Road Aminjikarai, Chennai, Tamil Nadu, India – 600029.
As per the financials filed for FY 2019, the company reported a revenue of ₹243.26 Cr, a growth of 20% compared to the previous year. For the same year it recorded a net loss of ₹47.6 Cr (net margin -19.6%) and EBITDA of -₹44.16 Cr (EBITDA margin -18.2%). Revenue has declined at a compounded annual rate (CAGR) of 27% over three years.
As per MCA filings, the company has open charges of ₹207.34 Cr on record. Court records list 123 cases involving the company, including 92 filed by the company and 31 filed against it; 14 cases are pending.
The last known website on record is sloindustries.com.
Company details
Contact details
S.L.O. Industries Limited's registered office is in Chennai, Tamil Nadu. Its website is sloindustries.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address447/265 2nd Floor Poonamalle High Road Aminjikarai, Chennai, Tamil Nadu, India – 600029
- IndustryMetals and Minerals, Steel Manufacturing & Processing
To see the full contact details of S.L.O. Industries 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 S.L.O. Industries 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 S.L.O. Industries Limited, buy the company report.
Financials of S.L.O. Industries Limited
FY 2019 filings availableS.L.O. Industries Limited reported revenue of ₹243.26 Cr (up 20% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue rose 20% in the latest year, though over three years it has declined at a compounded annual rate (CAGR) of 27%. EBITDA fell 279% 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹243.26 Cr | ||||
| Other Income | |||||
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| Total Expenses | |||||
| EBITDA | -₹44.16 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹47.6 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -18.2% | ||||
| Net Profit Margin | -19.6% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of S.L.O. Industries Limited, buy the company report.
Board of directors of S.L.O. Industries Limited
S.L.O. Industries has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sharma Rakesh Kumar | Director | 01 Apr 2009 | 17 Years 6 Months | As last reported |
| Arangannal Deepalakshmi | Director | 21 Feb 2015 | 11 Years 8 Months | As last reported |
| Anil Kumar Ojha Anil Kumar Also directs: Slo India Limited, Slo Steels Limited, Shri Mahalakshmi Metal and Scrap Processing Private Limited and 3 more | Director | 17 Jul 2003 | 23 Years 3 Months | As last reported |
Peer comparison
S.L.O. Industries Limited is compared with the 8 companies closest to it by revenue in the Metals and Minerals industry (Steel), 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 |
|---|---|---|---|---|---|---|
| Frontier Strips Private Limited | ₹244.87 Cr (FY 2025) | 67.0% | Tijara, Rajasthan, India | |||
| Kisco Castings (India) Limited | ₹244.71 Cr (FY 2025) | 1.0% | Khanna, Punjab, India | |||
| Jai Prabhuji Iron & Steel Private Limited | ₹244.32 Cr (FY 2025) | -16.0% | Dhanbad, Jharkhand, India | |||
| S.L.O. Industries Limitedthis company | ₹243.26 Cr (FY 2019) | -₹47.6 Cr | -19.6% | 20.0% | Chennai, Tamil Nadu, India | |
| Nawla Ispat Private Limited | ₹243.22 Cr (FY 2025) | 28.0% | Sardhana, Uttar Pradesh, India | |||
| Sahanu Sponge and Power Private Limited | ₹242.34 Cr (FY 2025) | -27.0% | Panaji, Goa, India | |||
| Pushp Steels and Mining Private Limited | ₹241.2 Cr (FY 2024) | -13.0% | Delhi, India | |||
| Diamond TMT & Procon Private Limited | ₹240.67 Cr (FY 2025) | 7.0% | Bhavnagar, Gujarat, India | |||
| Metro Ispat Private Limited | ₹240.4 Cr (FY 2025) | -32.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of S.L.O. Industries Limited, buy the company report.
Auditor
S.L.O. Industries Limited is audited by CHANDRASEKAR & ASSOCIATES for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| CHANDRASEKAR & ASSOCIATES | FY 2019 | 014395S |
Shareholding
The shareholding of S.L.O. Industries Limited is on record for FY 2019, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2019 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of S.L.O. Industries Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 25 Mar 2004 | 90285669 | Corporation Bank | ₹207.34 Cr | Open |
To see the full charge records of S.L.O. Industries Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
S.L.O. Industries Limited has 123 court cases on record: 92 filed by S.L.O. Industries, 31 filed against it. 14 cases are pending and 109 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 66 | 16 | 7 |
| District courts | 53 | 13 | 4 |
| Supreme Court | 2 | 0 | 1 |
| NCLAT | 2 | 2 | 2 |
Cases on record (5 of 123)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court | Appeal | Filed by the company against Shriram City Union Finance Ltd., and 3 others | Disposed |
| District court, Kancheepuram, Tamil Nadu | Civil suit | Filed against the company by Matrix Cellular International Services Pvt.Ltd, | Disposed |
| High Court, TAMIL NADU | Appeal | Filed against the company by M/S.Kirloskar Electric Co. Ltd | Disposed |
| High Court of Karnataka | Writ petition | Filed against the company by M/S Meghana Metallurgy Private Limited | Disposed |
| District court, Chennai, Tamil Nadu | Criminal miscellaneous application | Filed against the company by an individual | Pending |
To see the full case history of S.L.O. Industries 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 S.L.O. Industries Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
S.L.O. Industries Limited has 1 active EPFO establishment as of Apr 07, 2024.
GST
S.L.O. Industries has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAICS5453Q1ZR | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of S.L.O. Industries Limited, buy the company report.
Recent activity
S.L.O. Industries Limited has 5 board changes on record since 2003: 3 appointments and 2 cessations. The latest: Sharma Arun Kumar ceased to be Director on 01 Apr 2016.
Frequently asked questions
S.L.O. Industries 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.
S.L.O. Industries is a company under liquidation, formerly operating as a public limited company based in Chennai, Tamil Nadu, India. The company works in steel manufacturing and processing, within the metals and minerals industry. It was incorporated on 17 July 2003 and is registered under CIN U27320TN2003PLC051231. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
S.L.O. Industries has 3 current directors:
- Sharma Rakesh Kumar - Director
- Arangannal Deepalakshmi - Director
- Anil Kumar Ojha Anil Kumar - Director
The latest financial statements of S.L.O. Industries on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 30 September 2019. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of S.L.O. Industries is U27320TN2003PLC051231. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
S.L.O. Industries has open charges of ₹207.34 Cr and no satisfied charges on record as per latest MCA filings.
S.L.O. Industries has 123 court cases on record: 92 filed by the company and 31 filed against it. 14 are pending. Most are in the high courts.
S.L.O. Industries was incorporated on 17 July 2003. It is registered with the Registrar of Companies, Chennai.
The peers of S.L.O. Industries by revenue are Frontier Strips Private Limited, Kisco Castings (India) Limited, Jai Prabhuji Iron & Steel Private Limited, Nawla Ispat Private Limited, Sahanu Sponge and Power Private Limited and 3 more, all in the Metals and Minerals industry (Steel), with the same principal business activity (metal and metal products).
Sharma Arun Kumar ceased to be Director on 01 Apr 2016. Arangannal Deepalakshmi was appointed as Director on 21 Feb 2015. Ashok Kumar Sharma ceased to be Director on 18 Jul 2014. S.L.O. Industries has 5 board changes on record in total.
S.L.O. Industries can be reached through the website sloindustries.com. Its registered office is in Chennai, Tamil Nadu, India.