About Sonali Castings (Hyd) Private Limited
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Sonali Castings (Hyd) Private Limited is a private limited company based in Secunderabad, Telangana, India. It operates in the die casting and metal forming segment of the manufacturing sector. It was incorporated on 17 July 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U34102TG2008PTC060177. Its GSTIN is 36AAECP8013F1ZL (Telangana). The company holds 3 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹5 Cr. It was formerly known as Pushpak Autocomponents Private Limited and Pushpaky Autocomponents Private Limited. It is led by directors Vedhire Anand Reddy (Managing Director) and Vedhire Veena Reddy.
Its last annual general meeting (AGM) was held on 29 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office is at Palm Meadows Villa320 Kompally Village, Secunderabad, Telangana, India – 500100.
As per the financials filed for FY 2018, the company reported a revenue of ₹5.66 Cr, a decline of 38% compared to the previous year. For the same year it recorded a net loss of ₹4.31 Cr (net margin -76.1%) and EBITDA of -₹90.67 Lakh (EBITDA margin -16%). Revenue has declined at a compounded annual rate (CAGR) of 27% over three years.
The company has about 2 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Sonali Castings. As per MCA filings, the company has satisfied charges of ₹11.47 Cr on record. Court records list 9 cases involving the company, including 5 filed by the company and 4 filed against it; 1 case is pending.
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 sonalicastings.com.
Company details
Name history
Sonali Castings (Hyd) has undergone 2 name changes throughout its history. The company was previously known as Pushpak Autocomponents Private Limited, and Pushpaky Autocomponents Private Limited. The current legal name is Sonali Castings (Hyd) Private Limited.
| Company Name | Status |
|---|---|
| Sonali Castings (Hyd) Private Limited | Current |
| Pushpak Autocomponents Private Limited | Previous |
| Pushpaky Autocomponents Private Limited | Previous |
CIN history
Sonali Castings (Hyd) has one previous CIN (Corporate Identification Number): U34102AP2008PTC060177. The current CIN is U34102TG2008PTC060177, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U34102TG2008PTC060177 | Current |
| U34102AP2008PTC060177 | Previous |
Contact details
Sonali Castings (Hyd) Private Limited's registered office is in Secunderabad, Telangana. Its website is sonalicastings.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressPalm Meadows Villa320 Kompally Village, Secunderabad, Telangana, India – 500100
- IndustryManufacturing, Die Casting & Metal Forming
To see the full contact details of Sonali Castings (Hyd) Private 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
Brands
Sonali Castings (Hyd) operates one associated brand: Sonali Castings. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufactures and supplies grey iron and ductile iron casting components to OEMs. | sonalicastings.com |
Business activity
The main business activity of Sonali Castings (Hyd) 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 Sonali Castings (Hyd) Private Limited, buy the company report.
Financials of Sonali Castings (Hyd) Private Limited
FY 2018 filings availableSonali Castings (Hyd) Private Limited reported revenue of ₹5.66 Cr (down 38% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 27% over three years, including a 38% fall in the latest year. EBITDA fell 286% 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ||||
| Other Income | ||||
| Total Revenue | ₹5.66 Cr | |||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | -₹90.67 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹4.31 Cr | |||
| 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | -16% | |||
| Net Profit Margin | -76.1% | |||
| 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 Sonali Castings (Hyd) Private Limited, buy the company report.
Board of directors of Sonali Castings (Hyd) Private Limited
Sonali Castings (Hyd) has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vedhire Veena Reddy | Director | 17 Jul 2008 | 18 Years 3 Months | Current |
| Vedhire Anand Reddy Also directs: Maks Castings Private Limited | Managing Director | 17 Jul 2008 | 18 Years 3 Months | Current |
Peer comparison
Sonali Castings (Hyd) Private Limited is compared with the 7 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 |
|---|---|---|---|---|---|---|
| TSLD Casting Private Limited | ₹5.84 Cr (FY 2024) | 37.0% | North 24 Parganas, West Bengal, India | |||
| Krishna Engineering Works Limited | ₹5.83 Cr (FY 2015) | -70.0% | Punjab, India | |||
| Flowcast Metallics Private Limited | ₹5.69 Cr (FY 2025) | 310.0% | Kolhapur, Maharashtra, India | |||
| Bhairav Rolling Mills Private Limited | ₹5.66 Cr (FY 2022) | -9.0% | Vadavi, Gujarat, India | |||
| Adroit Technocast Private Limited | ₹5.66 Cr (FY 2025) | 69.0% | Rajkot, Gujarat, India | |||
| Sonali Castings (Hyd) Private Limitedthis company | ₹5.66 Cr (FY 2018) | -₹4.31 Cr | -76.1% | -38.0% | 2 | Secunderabad, Telangana, India |
| Salasar Fasteners Private Limited | ₹5.65 Cr (FY 2024) | 275.0% | Chomu, Rajasthan, India | |||
| Fluid Metals (India) Private Limited | ₹5.61 Cr (FY 2024) | -37.0% | Belgaum, Karnataka, India |
To see the full peer comparison of Sonali Castings (Hyd) Private Limited, buy the company report.
Auditor
Sonali Castings (Hyd) Private Limited is audited by M G R K ASSOCIATES for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M G R K ASSOCIATES | FY 2018 | 007082S |
Shareholding
The shareholding of Sonali Castings (Hyd) Private Limited is on record for 4 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Sonali Castings (Hyd) Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 26 Jul 2011 | 10307272 | Andhra Pradesh State Financial Corporation | ₹81 Lakh | Satisfied | |
| 10 Mar 2011 | 10280451 | State Bank of Hyderabad | ₹4 Cr | Satisfied | |
| 14 Jun 2010 | 10223677 | Andhra Pradesh State Financial Corporation | ₹6.66 Cr | Satisfied |
To see the full charge records of Sonali Castings (Hyd) Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
Sonali Castings (Hyd) Private Limited has 9 court cases on record: 5 filed by Sonali Castings (Hyd), 4 filed against it. 1 case is pending and 8 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 5 | 0 | 1 |
| District courts | 4 | 4 | 0 |
Cases on record (5 of 9)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, West, Delhi | Civil suit | Filed against the company by Om Logistics Ltd | Disposed |
| Bombay High Court | Writ petition | Filed by the company against MPM Private Limited, Through Authorized Signatory, Kushal D. Salodkar and 1 other | Disposed |
| District court, Chennai, Tamil Nadu | Civil suit | Filed against the company by Rotocast Industries Limited | Disposed |
| District court, Nagpur, Maharashtra | Civil suit | Filed against the company by Ms. MPM Private Limited | Disposed |
| High Court, TELANGANA | Writ petition | Filed by the company against The State of Telangana and 2 others | Pending |
To see the full case history of Sonali Castings (Hyd) Private 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 Sonali Castings (Hyd) Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Sonali Castings (Hyd) Private Limited has a workforce of 2 employees on its EPFO records as of Apr 10, 2024, across 1 active EPFO establishment.
GST
Sonali Castings (Hyd) has 3 GST registrations: 1 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AAECP8013F1ZL | Telangana | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Sonali Castings (Hyd) Private Limited, buy the company report.
Recent activity
Sonali Castings (Hyd) Private Limited has 7 board changes on record since 2008: 2 appointments and 5 cessations. The latest: Priyanka Wasdani ceased to be Company Secretary on 01 Apr 2020.
7 earlier events are in the company report.
Frequently asked questions
Sonali Castings (Hyd) is an active private limited company based in Secunderabad, Telangana, India. The company works in die casting and metal forming, within the manufacturing industry. It was incorporated on 17 July 2008 (18+ years old) and is registered under CIN U34102TG2008PTC060177.
Sonali Castings (Hyd) has 2 current directors:
- Vedhire Anand Reddy - Managing Director
- Vedhire Veena Reddy - Director
The latest financial statements of Sonali Castings (Hyd) on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 29 September 2018. Year-wise statements from 2015 are in the company report.
The GSTIN of Sonali Castings (Hyd) is 36AAECP8013F1ZL, registered in Telangana. 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 Sonali Castings (Hyd) is U34102TG2008PTC060177. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sonali Castings (Hyd) has 9 court cases on record: 5 filed by the company and 4 filed against it. 1 is pending. Most are in the high courts.
Sonali Castings (Hyd) was incorporated on 17 July 2008, making it 18+ years old. It is registered with the Registrar of Companies, Hyderabad.
The peers of Sonali Castings (Hyd) by revenue are TSLD Casting Private Limited, Krishna Engineering Works Limited, Flowcast Metallics Private Limited, Bhairav Rolling Mills Private Limited, Adroit Technocast Private Limited and 2 more, all in the Manufacturing industry (Die Casting), with the same principal business activity (metal and metal products).
Priyanka Wasdani ceased to be Company Secretary on 01 Apr 2020. Bharat Reddy Vedhire ceased to be Managing Director on 28 Mar 2017. Vedhire Anand Reddy ceased to be Director on 28 Mar 2017. Sonali Castings (Hyd) has 7 board changes on record in total.
Sonali Castings (Hyd) can be reached through the website sonalicastings.com. Its registered office is in Secunderabad, Telangana, India.
The registered office of Sonali Castings (Hyd) is at Palm Meadows Villa320 Kompally Village, Secunderabad, Telangana, India – 500100.
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