MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-KR-13-0016809
Southern Ferro Limited - metals and minerals in Hubli, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹73.84 Cr
▼ 12% YoY
Net profit · FY 2025
₹47.12 Lakh
Net margin 0.6%
EBITDA · FY 2025
₹1.26 Cr
EBITDA margin 1.7%
Authorised capital
₹6.5 Cr
Registered with MCA
Paid-up capital
₹2.36 Cr
Issued & subscribed
Open charges
₹10.71 Cr
Satisfied ₹14.76 Cr
Company age
34 yrs
Est. 1992
Employees · EPFO
32
Provident fund records
About Southern Ferro Limited
Data last updated:
Southern Ferro Limited is a public limited company based in Hubli, Karnataka, India. It operates in the steel manufacturing and processing segment of the metals and mining sector. It was incorporated on 17 June 1992 and has been in existence for over 34 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U85110KA1992PLC013248. Its GSTIN is 29AACCS5625C1ZH (Karnataka). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹6.5 Cr and a paid-up capital of ₹2.36 Cr. It is led by directors including Murarilal Bidasaria (Managing Director) and Sandeep Murarilal Bidasaria (Managing Director).
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 No.3 Industrial Estategokul Road Hubli, Karnataka, India – 580030.
As per the financials filed for FY 2025, the company reported a revenue of ₹73.84 Cr, a decline of 12% compared to the previous year. For the same year it recorded a net profit of ₹47.12 Lakh (net margin 0.6%) and EBITDA of ₹1.26 Cr (EBITDA margin 1.7%). Revenue has declined at a compounded annual rate (CAGR) of 8% over three years and 2% over five years.
The company has about 32 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹10.71 Cr and satisfied charges of ₹14.76 Cr on record. Court records list 71 cases involving the company, including 59 filed by the company and 12 filed against it; 2 cases are pending.
Southern Ferro Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-13-0016809). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website southernferro.com.
Company details
CIN U85110KA1992PLC013248
Registration Number 013248
Incorporation Date 17 June 1992
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-KR-13-0016809
CIN history
Southern Ferro has one previous CIN (Corporate Identification Number): U27101KA1992PLC013248. The current CIN is U85110KA1992PLC013248, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U85110KA1992PLC013248 | Current |
| U27101KA1992PLC013248 | Previous |
Key People
Murarilal Bidasaria Managing Director Sandeep Murarilal Bidasaria Managing Director Vinayak Gangadhar Chillal Director Recognitions & Rankings of Southern Ferro
Contact details
Southern Ferro Limited's registered office is in Hubli, Karnataka. Its website is southernferro.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressNo.3 Industrial Estategokul Road Hubli, Karnataka, India – 580030
- IndustryMetals and Minerals, Steel Manufacturing & Processing
To see the full contact details of Southern Ferro Limited, buy the company report.
Comprehensive company report
Southern Ferro 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 Southern Ferro is manufacturing. In detail, this covers textile, leather and other apparel products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products |
To see the full business activity and turnover split of Southern Ferro Limited, buy the company report.
Financials of Southern Ferro Limited
FY 2025 filings availableSouthern Ferro Limited reported revenue of ₹73.84 Cr (down 12% YoY) for FY 2025.
Revenue · FY 2025
₹73.84 Cr ▼ 12%
Net profit · FY 2025
₹47.12 Lakh margin 0.6%
EBITDA · FY 2025
₹1.26 Cr margin 1.7%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 12%
3 years · compounded
▼ 8%
5 years · compounded
▼ 2%
EBITDA CAGR growth
1 year
▼ 16%
3 years · compounded
▲ 41%
5 years · compounded
▼ 3%
Revenue has declined at a compounded annual rate (CAGR) of 2% over five years, including a 12% fall in the latest year. EBITDA fell 16% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Total Expenses | |||||
| EBITDA | ₹1.26 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹47.12 Lakh | ||||
| Balance Sheet | |||||
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| Reserves and Surplus | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 1.7% | ||||
| Net Profit Margin | 0.6% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Receivable Days | |||||
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To see the full financial statements and ratios of Southern Ferro Limited, buy the company report.
Board of directors of Southern Ferro Limited
Southern Ferro has 4 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vinayak Gangadhar Chillal | Director | 22 Feb 2007 | 19 Years 8 Months | Current |
| Murarilal Bidasaria Also directs: First Steel Company Private Limited | Managing Director | 17 Jun 1992 | 34 Years 4 Months | Current |
| Sandeep Murarilal Bidasaria Also directs: First Steel Company Private Limited | Managing Director | 17 Jun 1992 | 34 Years 4 Months | Current |
| Prakash Chandra Gupta | Director | 22 Feb 2007 | 19 Years 8 Months | Current |
Auditor
Southern Ferro Limited is audited by G V Hegde & Co for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| G V Hegde & Co | FY 2023 | 15216 |
Shareholding
The shareholding of Southern Ferro 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 Southern Ferro Limited, buy the company report.
Charges & borrowings
Open charges
₹10.71 Cr
Satisfied charges
₹14.76 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 24 Feb 2021 | 100425924 | Hdfc Bank Limited | ₹61 Lakh | Open | |
| 11 Nov 2013 | 10464187 | Canara Bank | ₹10.1 Cr | Open | |
| 30 Mar 2009 | 10152492 | Idbi Bank Limited | ₹1.95 Cr | Satisfied | |
| 27 May 1997 | 90197213 | Karnataka State Indl Inve and Deve Corp Ltd | ₹1.02 Cr | Satisfied | |
| 25 Mar 1997 | 90197190 | Union Bank of India | ₹2 Cr | Satisfied |
To see the full charge records of Southern Ferro Limited, buy the company report.
Total charge records: 19 View all charges
Legal cases
Southern Ferro Limited has 71 court cases on record: 59 filed by Southern Ferro, 12 filed against it. 2 cases are pending and 69 are disposed.
Total cases
71
Filed by the company
59
Filed against the company
12
Pending
2
Disposed
69
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 40 | 10 | 0 |
| District courts | 31 | 2 | 2 |
Cases on record (5 of 71)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Karnataka | Appeal | Filed against the company by Microfinish Valves Pvt Ltd | Disposed |
| District court, BALLARI, Karnataka | Execution petition | Filed by the company against Ms Tungabhadra Steel Products Ltd., | Disposed |
| District court, DHARWAD, Karnataka | Execution petition | Filed by the company against Ms Hindustan Petroleum Corporation Ltd | Disposed |
| District court, VIJAYANAGAR, Karnataka | Execution petition | Filed by the company against Ms Tungabhadra Steel Products Ltd., | Disposed |
| District court, DHARWAD, Karnataka | Execution petition | Filed by the company against Ms. Tungabhadra Steel Products Ltd., | Disposed |
To see the full case history of Southern Ferro 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 Southern Ferro Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Southern Ferro Limited has a workforce of 32 employees on its EPFO records as of Apr 01, 2024, across 1 active EPFO establishment.
Employee count
32
Active EPFO establishments
1
Employee growth
-8.57%
GST
Southern Ferro has 2 GST registrations: 2 active.
Total GSTINs
2
Active
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AACCS5625C1ZH | Karnataka | Active | 01 Jul 2017 |
| 29AACCS5625C1DQ | Karnataka | Active | 27 Nov 2024 |
To see the full GST registrations and return filing status of Southern Ferro Limited, buy the company report.
Recent activity
Southern Ferro Limited has 6 board changes on record since 1992: 4 appointments and 2 cessations. The latest: Sandeep Murarilal Bidasaria ceased to be Whole-Time Director on 17 Jun 2012.
AGM
Southern Ferro Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Southern Ferro Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Charges
A charge with Canara Bank of Rs. 10.10 Cr registered on 11 Nov 2013 with Charge ID 10464187 was modified on 05 Sep 2022.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.61 Cr with Charge ID 100425924 was registered on 24 Feb 2021.
Charges
A charge registered on 30 Mar 2009 via Charge ID 10152492 with Idbi Bank Limited was fully satisfied on 13 Dec 2013.
Charges
A charge with Canara Bank amounted to Rs. 10.10 Cr with Charge ID 10464187 was registered on 11 Nov 2013.
Ceased
Sandeep Murarilal Bidasaria ceased to be Whole-Time Director.
Charges
A charge with Idbi Bank Limited of Rs. 1.95 Cr registered on 30 Mar 2009 with Charge ID 10152492 was modified on 24 Jun 2011.
Charges
A charge with Idbi Bank Limited amounted to Rs. 1.95 Cr with Charge ID 10152492 was registered on 30 Mar 2009.
Charges
A charge registered on 25 Mar 1997 via Charge ID 90197190 with Union Bank Of India was fully satisfied on 15 Sep 2008.
Charges
A charge registered on 27 Jun 1996 via Charge ID 90197042 with Union Bank Of India was fully satisfied on 15 Sep 2008.
Charges
A charge registered on 19 Jan 1993 via Charge ID 90196247 with Union Bank Of India was fully satisfied on 15 Sep 2008.
46 earlier events are in the company report.
Frequently asked questions
Southern Ferro is an active public limited company based in Hubli, Karnataka, India. The company works in steel manufacturing and processing, within the metals and minerals industry. It was incorporated on 17 June 1992 (34+ years old) and is registered under CIN U85110KA1992PLC013248.
Southern Ferro has 4 current directors:
- Murarilal Bidasaria - Managing Director
- Sandeep Murarilal Bidasaria - Managing Director
- Vinayak Gangadhar Chillal - Director
- Prakash Chandra Gupta - Director
The latest financial statements of Southern Ferro 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 Southern Ferro is 29AACCS5625C1ZH, registered in Karnataka. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 29AACCS5625C1DQ (Karnataka).
The CIN (Corporate Identification Number) of Southern Ferro is U85110KA1992PLC013248. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Southern Ferro has 71 court cases on record: 59 filed by the company and 12 filed against it. 2 are pending. Most are in the high courts.
Southern Ferro was incorporated on 17 June 1992, making it 34+ years old. It is registered with the Registrar of Companies, Bangalore.
Sandeep Murarilal Bidasaria ceased to be Whole-Time Director on 17 Jun 2012. Kumble Sudhakar Bhakta ceased to be Director on 30 Jun 2008. Prakash Chandra Gupta was appointed as Director on 22 Feb 2007. Southern Ferro has 6 board changes on record in total.
Yes, Southern Ferro is registered as a medium enterprise under Udyam registration (number: UDYAM-KR-13-0016809).
Southern Ferro can be reached through the website southernferro.com. Its registered office is in Hubli, Karnataka, India.