MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2023-24)
- Udyam number
- UDYAM-KL-10-0005202
Steel Max Rolling Mills Limited - metals and minerals in Palghat, Kerala, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹129.14 Cr
▲ 32% YoY
Net profit · FY 2025
₹31.05 Lakh
Net margin 0.2%
EBITDA · FY 2025
₹2.49 Cr
EBITDA margin 1.9%
Authorised capital
₹5 Cr
Registered with MCA
Paid-up capital
₹4.81 Cr
Issued & subscribed
Open charges
₹11 Cr
Satisfied ₹8.49 Cr
Company age
22 yrs
Est. 2004
Employees · EPFO
28
Provident fund records
About Steel Max Rolling Mills Limited
Data last updated:
Steel Max Rolling Mills Limited is a public limited company based in Palghat, Kerala, India. It operates in the steel manufacturing and processing segment of the metals and mining sector. It was incorporated on 17 February 2004 and has been in existence for over 22 years.
The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN U27106KL2004PLC016868. Its GSTIN is 32AAICS1267J1ZB (Kerala).
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹4.81 Cr. It was formerly known as Steel Max Rolling Mills Private Limited. It is led by directors including Parayil Asharaf (Managing Director) and Kodalil Abdul Nazar (Whole-Time 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 898 Petronet Road Wise Park, Palghat, Kerala.
As per the financials filed for FY 2025, the company reported a revenue of ₹129.14 Cr, a growth of 32% compared to the previous year. For the same year it recorded a net profit of ₹31.05 Lakh (net margin 0.2%) and EBITDA of ₹2.49 Cr (EBITDA margin 1.9%). Revenue has grown at a compounded annual rate (CAGR) of 2% over three years and 17% over five years.
The company has about 28 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹11 Cr and satisfied charges of ₹8.49 Cr on record. Court records list 9 cases involving the company, including 9 filed by the company; 1 case is pending.
Steel Max Rolling Mills Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-KL-10-0005202). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website steelmaxindia.com.
Company details
CIN U27106KL2004PLC016868
Registration Number 016868
Incorporation Date 17 February 2004
ROC Ernakulam
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-KL-10-0005202
CIN history
Steel Max Rolling Mills has one previous CIN (Corporate Identification Number): U27106KL2004PTC016868. The current CIN is U27106KL2004PLC016868, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U27106KL2004PLC016868 | Current |
| U27106KL2004PTC016868 | Previous |
Key People
Parayil Asharaf Managing Director Kodalil Abdul Nazar Whole-Time Director Mohamed Safeer Director Recognitions & Rankings of Steel Max Rolling Mills
Contact details
Steel Max Rolling Mills Limited's registered office is in Palghat, Kerala. Its website is steelmaxindia.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressSteel Max Rolling Mills Limited Xiii/898 Petronet Road Wise Park Kanjiko, De, Palghat, Kerala, India – 678621
- IndustryMetals and Minerals, Steel Manufacturing & Processing
To see the full contact details of Steel Max Rolling Mills Limited, buy the company report.
Comprehensive company report
Steel Max Rolling Mills 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business activity
The main business activity of Steel Max Rolling Mills 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 Steel Max Rolling Mills Limited, buy the company report.
Financials of Steel Max Rolling Mills Limited
FY 2025 filings availableSteel Max Rolling Mills Limited reported revenue of ₹129.14 Cr (up 32% YoY) for FY 2025.
Revenue · FY 2025
₹129.14 Cr ▲ 32%
Net profit · FY 2025
₹31.05 Lakh margin 0.2%
EBITDA · FY 2025
₹2.49 Cr margin 1.9%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 32%
3 years · compounded
▲ 2%
5 years · compounded
▲ 17%
EBITDA CAGR growth
3 years · compounded
▲ 13%
5 years · compounded
▲ 35%
Revenue has grown at a compounded annual rate (CAGR) of 17% over five years, including 32% growth 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 | ₹2.49 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹31.05 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 1.9% | ||||
| Net Profit Margin | 0.2% | ||||
| 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 Steel Max Rolling Mills Limited, buy the company report.
Board of directors of Steel Max Rolling Mills Limited
Steel Max Rolling Mills has 4 current directors and 16 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mohamed Safeer | Director | 01 Jun 2014 | 12 Years 5 Months | Current |
| Parayil Asharaf Also directs: Steelmax Alloys Limited | Managing Director | 29 Jul 2006 | 20 Years 3 Months | Current |
| Kodalil Abdul Nazar | Whole-Time Director | 17 Feb 2004 | 22 Years 8 Months | Current |
| Koodathil Shabir Also directs: Steelmax Alloys Limited, Pragati Strategic Initiatives LLP | Director | 05 Jul 2022 | 4 Years 4 Months | Current |
Peer comparison
Steel Max Rolling Mills Limited is compared with the 6 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 |
|---|---|---|---|---|---|---|
| Hamco Power Ventures Private Limited | ₹129.69 Cr (FY 2025) | -33.0% | Jalandhar, Punjab, India | |||
| Zenith Steel Pipes & Industries Limited | ₹129.26 Cr (FY 2025) | -13.0% | Mumbai, Maharashtra, India | |||
| Steel Max Rolling Mills Limitedthis company | ₹129.14 Cr (FY 2025) | ₹31.05 Lakh | 0.2% | 32.0% | 28 | Palghat, Kerala, India |
| Walzen Strips Private Limited | ₹129.14 Cr (FY 2025) | 4.0% | Kolkata, West Bengal, India | |||
| Mav Steels Private Limited | ₹129.12 Cr (FY 2025) | 42.0% | Delhi, India | |||
| Thieh Ingots Private Limited | ₹128.93 Cr (FY 2025) | -7.0% | Kochi, Kerala, India | |||
| Unistec Ferrum Private Limited | ₹128.69 Cr (FY 2025) | 56217.0% | Ludhiana, Punjab, India |
To see the full peer comparison of Steel Max Rolling Mills Limited, buy the company report.
Auditor
Steel Max Rolling Mills Limited is audited by Mahadevan & Sivarajan Chartered Accountants for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Mahadevan & Sivarajan Chartered Accountants | FY 2023 | 006388 |
Shareholding
The shareholding of Steel Max Rolling Mills 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 Steel Max Rolling Mills Limited, buy the company report.
Charges & borrowings
Open charges
₹11 Cr
Satisfied charges
₹8.49 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 23 Mar 2021 | 100454832 | Others | ₹1 Cr | Open | |
| 05 Jul 2017 | 100115794 | Others | ₹10 Cr | Open | |
| 02 Jan 2006 | 80053441 | State Bank of India | ₹4.96 Cr | Satisfied | |
| 08 Jun 2005 | 90020735 | Kerala State Industrial Development Corporation Limited | ₹3.53 Cr | Satisfied |
To see the full charge records of Steel Max Rolling Mills Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
Steel Max Rolling Mills Limited has 9 court cases on record: 9 filed by Steel Max Rolling Mills. 1 case is pending and 8 are disposed.
Total cases
9
Filed by the company
9
Pending
1
Disposed
8
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 7 | 0 | 0 |
| District courts | 2 | 0 | 1 |
Cases on record (5 of 9)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Palakkad, Kerala | Criminal complaint | Filed by the company against PM Traders and 1 other | Pending |
| High Court | Writ petition | Filed by the company against Assistant Commissioner and 2 others | Disposed |
| High Court of Kerala | Writ petition | Filed by the company against an individual | Disposed |
| District court, Palakkad, Kerala | Criminal case | Filed by the company against an individual | Disposed |
| High Court | Writ petition | Filed by the company against The Assistant Commissioner and 1 other | Disposed |
To see the full case history of Steel Max Rolling Mills 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.
Credit ratings & regulatory alerts
Steel Max Rolling Mills Limited was last rated by Icra on 15 Apr 2019.
| Rating agency | Rated on | Rating |
|---|---|---|
| Icra | 15 Apr 2019 |
To see the full credit ratings and regulatory alerts of Steel Max Rolling Mills Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Steel Max Rolling Mills Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Steel Max Rolling Mills Limited has a workforce of 28 employees on its EPFO records as of Nov 13, 2024, across 1 active EPFO establishment.
Employee count
28
Active EPFO establishments
1
Employee growth
-26.32%
GST
Steel Max Rolling Mills has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 32AAICS1267J1ZB | Kerala | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Steel Max Rolling Mills Limited, buy the company report.
Recent activity
Steel Max Rolling Mills Limited has 20 board changes on record since 2004: 4 appointments and 16 cessations. The latest: Koodathil Shabir ceased to be Additional Director on 29 Sep 2023.
AGM
Steel Max Rolling Mills Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge with Others of Rs. 1.00 Cr registered on 23 Mar 2021 with Charge ID 100454832 was modified on 27 May 2025.
Charges
A charge with Others of Rs. 10.00 Cr registered on 05 Jul 2017 with Charge ID 100115794 was modified on 27 May 2025.
Filing
Steel Max Rolling Mills Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ernakulam.
Ceased
Koodathil Shabir ceased to be Additional Director.
Ceased
Mangattil Majeed ceased to be Director.
Ceased
Mangattil Moosa Kutty ceased to be Director.
Ceased
Parayil Aliasbava Mammukutty ceased to be Director.
Ceased
Parayil Kunhimohamed ceased to be Director.
Ceased
Parayil Moideenkutty ceased to be Director.
Appointed
Koodathil Shabir was appointed as Director.
Charges
A charge with Others amounted to Rs. 1.00 Cr with Charge ID 100454832 was registered on 23 Mar 2021.
21 earlier events are in the company report.
Frequently asked questions
Steel Max Rolling Mills is an active public limited company based in Palghat, Kerala, India. The company works in steel manufacturing and processing, within the metals and minerals industry. It was incorporated on 17 February 2004 (22+ years old) and is registered under CIN U27106KL2004PLC016868.
Steel Max Rolling Mills has 4 current directors:
- Parayil Asharaf - Managing Director
- Kodalil Abdul Nazar - Whole-Time Director
- Mohamed Safeer - Director
- Koodathil Shabir - Director
The latest financial statements of Steel Max Rolling Mills 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 Steel Max Rolling Mills is 32AAICS1267J1ZB, registered in Kerala.
The CIN (Corporate Identification Number) of Steel Max Rolling Mills is U27106KL2004PLC016868. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Steel Max Rolling Mills has 9 court cases on record: 9 filed by the company. 1 is pending. Most are in the high courts.
Steel Max Rolling Mills was incorporated on 17 February 2004, making it 22+ years old. It is registered with the Registrar of Companies, Ernakulam.
The peers of Steel Max Rolling Mills by revenue are Hamco Power Ventures Private Limited, Zenith Steel Pipes & Industries Limited, Walzen Strips Private Limited, Mav Steels Private Limited, Thieh Ingots Private Limited and 1 more, all in the Metals and Minerals industry (Steel), with the same principal business activity (metal and metal products).
Koodathil Shabir ceased to be Additional Director on 29 Sep 2023. Mangattil Majeed ceased to be Director on 06 Sep 2022. Mangattil Moosa Kutty ceased to be Director on 06 Sep 2022. Steel Max Rolling Mills has 20 board changes on record in total.
Yes, Steel Max Rolling Mills is registered as a medium enterprise under Udyam registration (number: UDYAM-KL-10-0005202).
Steel Max Rolling Mills can be reached through the website steelmaxindia.com. Its registered office is in Palghat, Kerala, India.
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.
Swiggy Limited Listed company · 92 pages
BharatPe (Resilient Innovations Pvt Ltd) Unlisted company · 78 pages