MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MH-19-0013719
Steelite Engineering Limited - machinery and equipment in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2023
₹12.26 Lakh
▼ 99% YoY
Net profit · FY 2023
₹725
Net margin 0.1%
EBITDA · FY 2023
₹4.17 Lakh
EBITDA margin 34%
Authorised capital
₹4 Cr
Registered with MCA
Paid-up capital
₹3.48 Cr
Issued & subscribed
Company age
47 yrs
Est. 1979
Directors on board
3
As per MCA filings
Active GSTINs
1
of 2 registered
About Steelite Engineering Limited
Data last updated:
Steelite Engineering Limited is a public limited company based in Mumbai, Maharashtra, India. It operates in the industrial machinery manufacturing segment of the machinery and industrial equipment sector. It was incorporated on 15 March 1979 and has been in existence for over 47 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U99999MH1979PLC021113. Its GSTIN is 24AAECS1378J1Z8 (Gujarat). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹4 Cr and a paid-up capital of ₹3.48 Cr. It is led by directors including Nikhil Mahendra Shah and Samir Mahendra Shah.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at Meera 4th Floor L.D. Ruparelmarg Malabar Hill, Mumbai, Maharashtra, India – 400006.
As per the financials filed for FY 2023, the company reported a revenue of ₹12.26 Lakh, a decline of 99% compared to the previous year. For the same year it recorded a net profit of ₹725 (net margin 0.1%) and EBITDA of ₹4.17 Lakh (EBITDA margin 34%). Revenue has declined at a compounded annual rate (CAGR) of 71% over three years and 71% over five years.
The company is associated with 3 brands: Steelite Capella, Steelite Energy and Steelite Group. Court records list 7 cases involving the company, including 5 filed by the company and 2 filed against it; 2 cases are pending.
Steelite Engineering Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0013719). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website steelitegroup.com.
Company details
CIN U99999MH1979PLC021113
Registration Number 021113
Incorporation Date 15 March 1979
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2023
Date of Balance Sheet 31 March 2023
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-MH-19-0013719
CIN history
Steelite Engineering has one previous CIN (Corporate Identification Number): U99999MH1979PTC021113. The current CIN is U99999MH1979PLC021113, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U99999MH1979PLC021113 | Current |
| U99999MH1979PTC021113 | Previous |
Key People
Nikhil Mahendra Shah Director Samir Mahendra Shah Director Mahendra Popatlal Shah Director Recognitions & Rankings of Steelite Engineering
Contact details
Steelite Engineering Limited's registered office is in Mumbai, Maharashtra. Its website is steelitegroup.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressMeera 4th Floor L.D. Ruparelmarg Malabar Hill, Mumbai, Maharashtra, India – 400006
- IndustryMachinery and Equipment, Industrial Machinery Manufacturing
To see the full contact details of Steelite Engineering Limited, buy the company report.
Comprehensive company report
Steelite Engineering 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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Brands
Steelite Engineering operates multiple associated brands including Steelite Capella, Steelite Energy, and Steelite Group. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufactures and sells wind turbines for on-shore and off-shore energy needs. | steelitecapella.com | |
| Provides comprehensive solar and wind planning and design services. | steeliteenergy.com | |
| Engineering and green energy services are provided by the company. | steelitegroup.com |
Business activity
The main business activity of Steelite Engineering is professional, scientific and technical. In detail, this covers architecture, engineering activities, technical testing and analysis activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M4 | Architecture, engineering activities, technical testing and analysis activities |
To see the full business activity and turnover split of Steelite Engineering Limited, buy the company report.
Financials of Steelite Engineering Limited
FY 2023 filings availableSteelite Engineering Limited reported revenue of ₹12.26 Lakh (down 99% YoY) for FY 2023.
Revenue · FY 2023
₹12.26 Lakh ▼ 99%
Net profit · FY 2023
₹725 margin 0.1%
EBITDA · FY 2023
₹4.17 Lakh margin 34%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 99%
3 years · compounded
▼ 71%
5 years · compounded
▼ 71%
EBITDA CAGR growth
1 year
▼ 15%
3 years · compounded
▲ 39%
5 years · compounded
▲ 4%
Revenue has declined at a compounded annual rate (CAGR) of 71% over five years, including a 99% fall in the latest year. EBITDA fell 15% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
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| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹4.17 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹725 | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
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| Trade Payables | |||||
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| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 34% | ||||
| Net Profit Margin | 0.1% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
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| 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 Steelite Engineering Limited, buy the company report.
Board of directors of Steelite Engineering Limited
Steelite Engineering has 3 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nikhil Mahendra Shah Also directs: Sdhana Health Care LLP, Sadhana Castings Pvt Ltd, Steelite Capella Wind Private Limited and 5 more | Director | 20 Oct 1994 | 32 Years 0 Months | Current |
| Samir Mahendra Shah Also directs: Sdhana Health Care LLP, Sadhana Castings Pvt Ltd, Vasupujya Energy Private Limited and 5 more | Director | 20 Oct 1994 | 32 Years 0 Months | Current |
| Mahendra Popatlal Shah Also directs: Sadhana Castings Pvt Ltd, Steelite Capella Wind Private Limited, Ventura Buildcon Private Limited and 5 more | Director | 15 Mar 1979 | 47 Years 7 Months | Current |
Auditor
Steelite Engineering Limited is audited by Virendra R M & Associates for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Virendra R M & Associates | FY 2021 | 179162 |
Shareholding
The shareholding of Steelite Engineering Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Steelite Engineering Limited, buy the company report.
Legal cases
Steelite Engineering Limited has 7 court cases on record: 5 filed by Steelite Engineering, 2 filed against it. 2 cases are pending and 5 are disposed.
Total cases
7
Filed by the company
5
Filed against the company
2
Pending
2
Disposed
5
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 2 | 1 |
| High courts | 3 | 0 | 1 |
Cases on record (5 of 7)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Writ petition | Filed by the company against The State of Maharashtra Thru G P and Ors and 2 others | Pending |
| District court, Thane, Maharashtra | Civil suit | Filed against the company by Rashmi Garden Evershine A to G Wing Co Op Housing Society Ltd Through Authorised Person | Pending |
| District court, Mah State Cooperative Appellat, Maharashtra | Court case (D and I) | Filed by the company against Elavia CHS Ltd., | Disposed |
| Bombay High Court | Appeal | Filed by the company against The Official Liquidator of M/S. Transpower Engineering Ltd. | Disposed |
| District court, Maharashtra Industrial and Lab, Maharashtra | Court case (Complaint ULP1) | Filed against the company by an individual | Disposed |
To see the full case history of Steelite Engineering 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 Steelite Engineering Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Steelite Engineering has 2 GST registrations: 1 active and 1 cancelled or inactive.
Total GSTINs
2
Active
1
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAECS1378J1Z8 | Gujarat | Active | 28 Jan 2020 |
To see the full GST registrations and return filing status of Steelite Engineering Limited, buy the company report.
Recent activity
Steelite Engineering Limited has 3 board changes on record since 1979: 3 appointments. The latest: Nikhil Mahendra Shah was appointed as Director on 20 Oct 1994.
AGM
Steelite Engineering Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
Filing
Steelite Engineering Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai I.
Appointed
Nikhil Mahendra Shah was appointed as Director.
Appointed
Samir Mahendra Shah was appointed as Director.
Appointed
Mahendra Popatlal Shah was appointed as Director.
Incorporation
15 Mar 1979
Steelite Engineering Limited was registered on 15 Mar 1979 with Roc Mumbai I & aged 47 years 7 months as per MCA records.
Frequently asked questions
Steelite Engineering is an active public limited company based in Mumbai, Maharashtra, India. The company works in industrial machinery manufacturing, within the machinery and equipment industry. It was incorporated on 15 March 1979 (47+ years old) and is registered under CIN U99999MH1979PLC021113.
Steelite Engineering has 3 current directors:
- Nikhil Mahendra Shah - Director
- Samir Mahendra Shah - Director
- Mahendra Popatlal Shah - Director
The latest financial statements of Steelite Engineering on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from 2015 are in the company report.
The GSTIN of Steelite Engineering is 24AAECS1378J1Z8, registered in Gujarat. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Steelite Engineering is U99999MH1979PLC021113. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Steelite Engineering has 7 court cases on record: 5 filed by the company and 2 filed against it. 2 are pending. Most are in the district courts.
Steelite Engineering was incorporated on 15 March 1979, making it 47+ years old. It is registered with the Registrar of Companies, Mumbai.
Nikhil Mahendra Shah was appointed as Director on 20 Oct 1994. Samir Mahendra Shah was appointed as Director on 20 Oct 1994. Mahendra Popatlal Shah was appointed as Director on 15 Mar 1979.
Yes, Steelite Engineering is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-19-0013719).
Steelite Engineering can be reached through the website steelitegroup.com. Its registered office is in Mumbai, Maharashtra, India.
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