Sri Hardev Steels Private Limited
About Sri Hardev Steels Private Limited
Data last updated:
Sri Hardev Steels Private Limited is a private limited company based in Cuttack, Odisha, India. It operates in the steel manufacturing and processing segment of the metals and mining sector. It was incorporated on 15 September 2003 and has been in existence for over 23 years.
The company is registered with the Registrar of Companies (ROC), Cuttack, under CIN U27102OR2003PTC007317. Its GSTIN is 21AAHCS9527Q1ZQ (Odisha).
The company has an authorised share capital of ₹90 Lakh and a paid-up capital of ₹21.65 Lakh. It was formerly known as Shiva Sponge & Power Pvt Ltd. It is led by directors including Aman Kakkar and Nisha Kakkar.
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 Idco Plot No – 28 Old Industrial Estate Jagatpur, Cuttack, Odisha, India – 754021.
As per the financials filed for FY 2025, the company reported a revenue of ₹69.26 Cr, a decline of 21% compared to the previous year. For the same year it recorded a net profit of ₹9.28 Cr (net margin 13.4%) and EBITDA of ₹13.22 Cr (EBITDA margin 19.1%). Revenue has grown at a compounded annual rate (CAGR) of 11% over three years and 12% over five years.
The company has about 41 employees on its provident fund (EPFO) records.
As per MCA filings, the company has satisfied charges of ₹12.38 Cr on record. Court records list 6 cases involving the company, including 5 filed by the company and 1 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Sri Hardev Steels Private Limited's registered office is in Cuttack, Odisha. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressIdco Plot No – 28 Old Industrial Estate Jagatpur, Cuttack, Odisha, India – 754021
- IndustryMetals and Minerals, Steel Manufacturing & Processing, Metal Retail & Distribution
To see the full contact details of Sri Hardev Steels 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
Business activity
The main business activities of Sri Hardev Steels are manufacturing and trade. In detail, this covers metal and metal products and wholesale trading. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products | |
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Sri Hardev Steels Private Limited, buy the company report.
Financials of Sri Hardev Steels Private Limited
FY 2025 filings availableSri Hardev Steels Private Limited reported revenue of ₹69.26 Cr (down 21% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 21% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 12%. EBITDA fell 21% 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹13.22 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹9.28 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 19.1% | ||||
| Net Profit Margin | 13.4% | ||||
| 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 Sri Hardev Steels Private Limited, buy the company report.
Board of directors of Sri Hardev Steels Private Limited
Sri Hardev Steels has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Aman Kakkar | Director | 01 Jul 2009 | 17 Years 3 Months | Current |
| Nisha Kakkar Also directs: Mahanadi Casting Private Limited | Director | 10 Oct 2007 | 19 Years 0 Months | Current |
| Pankaj Kakkar | Director | 15 Sep 2003 | 23 Years 1 Months | Current |
Peer comparison
Sri Hardev Steels Private Limited is compared with the 5 companies closest to it by revenue in the Metals and Minerals industry (Materials Retail and Distribution, 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 |
|---|---|---|---|---|---|---|
| Adhavan Steels Private Limited | ₹69.41 Cr (FY 2025) | -47.0% | Coimbatore, Tamil Nadu, India | |||
| JMD Alloys Limited | ₹69.27 Cr (FY 2025) | 19.0% | Patna, Bihar, India | |||
| Sri Hardev Steels Private Limitedthis company | ₹69.26 Cr (FY 2025) | ₹9.28 Cr | 13.4% | -21.0% | 41 | Cuttack, Odisha, India |
| Shivshakti Re-Rolling Mills Private Limited | ₹69.09 Cr (FY 2020) | -27.0% | Mumbai, Maharashtra, India | |||
| Naman Castings Private Limited | ₹68.99 Cr (FY 2025) | -14.0% | Alwar, Rajasthan, India | |||
| Prragathi Steel Castings Private Limited | ₹68.95 Cr (FY 2025) | 0.0% | Shimoga, Karnataka, India |
To see the full peer comparison of Sri Hardev Steels Private Limited, buy the company report.
Auditor
Sri Hardev Steels Private Limited is audited by RKJS & Co. LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RKJS & Co. LLP | FY 2023 | 323001E/E300058 |
Shareholding
The shareholding of Sri Hardev Steels Private 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 Sri Hardev Steels Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 06 Jul 2012 | 10367482 | Andhra Bank | ₹3.2 Cr | Satisfied | |
| 18 Jan 2011 | 10265862 | Andhra Bank | ₹5.48 Cr | Satisfied | |
| 29 Sep 2008 | 10125917 | Andhra Bank | ₹20 Lakh | Satisfied | |
| 01 Sep 2006 | 10033859 | Andhra Bank | ₹3.5 Cr | Satisfied |
To see the full charge records of Sri Hardev Steels Private Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
Sri Hardev Steels Private Limited has 6 court cases on record: 5 filed by Sri Hardev Steels, 1 filed against it. 1 case is pending and 5 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 5 | 0 | 1 |
| District courts | 1 | 1 | 0 |
Cases on record (5 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Orissa | Court case (RVWPET) | Filed by the company against Union of India and 1 other | Pending |
| District court, Cuttack, Orissa | Court case (2 (c)cc) | Filed against the company by Assistant Registrar of Companies | Disposed |
| High Court | Writ petition | Filed by the company against The Commissioner of Commercial Taxes,Cuttack | Disposed |
| High Court | Writ petition | Filed by the company against Union of India | Disposed |
| High Court, ORISSA | Writ petition | Filed by the company against State Pollution Control Board and 1 other | Disposed |
To see the full case history of Sri Hardev Steels 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
Sri Hardev Steels Private Limited has 1 MSME Form 1 return on record for the period ending Mar 2024, listing 1 overdue payment to 1 micro and small supplier. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (1 of 1)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Raigarh Minerals Private Limited |
To see the full MSME payment records of Sri Hardev Steels Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Sri Hardev Steels Private Limited has a workforce of 41 employees on its EPFO records as of Mar 28, 2024, across 1 active EPFO establishment.
GST
Sri Hardev Steels has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 21AAHCS9527Q1ZQ | Odisha | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Sri Hardev Steels Private Limited, buy the company report.
Recent activity
Sri Hardev Steels Private Limited has 4 board changes on record since 2003: 3 appointments and 1 cessation. The latest: Prem Nath Kakkar ceased to be Director on 03 Jul 2024.
3 earlier events are in the company report.
Frequently asked questions
Sri Hardev Steels is an active private limited company based in Cuttack, Odisha, India. The company works in steel manufacturing and processing, within the metals and minerals industry. It was incorporated on 15 September 2003 (23+ years old) and is registered under CIN U27102OR2003PTC007317.
Sri Hardev Steels has 3 current directors:
- Aman Kakkar - Director
- Nisha Kakkar - Director
- Pankaj Kakkar - Director
The latest financial statements of Sri Hardev Steels 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 Sri Hardev Steels is 21AAHCS9527Q1ZQ, registered in Odisha.
The CIN (Corporate Identification Number) of Sri Hardev Steels is U27102OR2003PTC007317. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sri Hardev Steels has 6 court cases on record: 5 filed by the company and 1 filed against it. 1 is pending. Most are in the high courts.
Sri Hardev Steels was incorporated on 15 September 2003, making it 23+ years old. It is registered with the Registrar of Companies, Cuttack.
The peers of Sri Hardev Steels by revenue are Adhavan Steels Private Limited, JMD Alloys Limited, Shivshakti Re-Rolling Mills Private Limited, Naman Castings Private Limited, Prragathi Steel Castings Private Limited, all in the Metals and Minerals industry (Materials Retail and Distribution, Steel), with the same principal business activity (metal and metal products).
Prem Nath Kakkar ceased to be Director on 03 Jul 2024. Aman Kakkar was appointed as Director on 01 Jul 2009. Nisha Kakkar was appointed as Director on 10 Oct 2007. Sri Hardev Steels has 4 board changes on record in total.
Sri Hardev Steels has 1 MSME Form 1 return on record for the period ending Mar 2024, listing 1 overdue payment to 1 micro and small supplier. The latest return was filed on 30 Apr 2024.
The registered office of Sri Hardev Steels is at Idco Plot No – 28 Old Industrial Estate Jagatpur, Cuttack, Odisha, India – 754021.
Sri Hardev Steels operates in the metals and minerals industry, in the steel manufacturing and processing segment.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
