MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2023-24)
- Udyam number
- UDYAM-KL-10-0005203
Steelmax Alloys Limited - metals and minerals in Palakkad, Kerala, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹19.93 Lakh
▼ 100% YoY
Net loss · FY 2024
₹69.31 Lakh
Net margin -347.9%
EBITDA · FY 2024
-₹47.67 Lakh
EBITDA margin -239.3%
Authorised capital
₹5.3 Cr
Registered with MCA
Paid-up capital
₹4.24 Cr
Issued & subscribed
Open charges
₹5.75 Cr
Satisfied ₹8.34 Cr
Company age
32 yrs
Est. 1994
Employees · EPFO
29
Provident fund records
About Steelmax Alloys Limited
Data last updated:
Steelmax Alloys Limited is a public limited company based in Palakkad, Kerala, India. It operates in the steel manufacturing and processing segment of the metals and mining sector. It was incorporated on 05 April 1994 and has been in existence for over 32 years.
The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN U27310KL1994PLC021033. Its GSTIN is 32AABCK2443D1Z7 (Kerala). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹5.3 Cr and a paid-up capital of ₹4.24 Cr. It was formerly known as K.R. Alloys Limited. It is led by directors including Parayil Asharaf (Managing Director) and Mohamed Safeer.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 9/823 Thillangad Junction Opp.Kannampully Sub – Station Manjalur Po, Palakkad, Kerala, India – 678502.
As per the financials filed for FY 2024, the company reported a revenue of ₹19.93 Lakh, a decline of 100% compared to the previous year. For the same year it recorded a net loss of ₹69.31 Lakh (net margin -347.9%) and EBITDA of -₹47.67 Lakh (EBITDA margin -239.3%). Revenue has declined at a compounded annual rate (CAGR) of 83% over three years and 66% over five years.
The company has about 29 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹5.75 Cr and satisfied charges of ₹8.34 Cr on record. Court records list 43 cases involving the company, including 35 filed by the company and 8 filed against it; 2 cases are pending.
Steelmax Alloys Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-KL-10-0005203). 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 U27310KL1994PLC021033
Registration Number 021033
Incorporation Date 05 April 1994
ROC Ernakulam
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-KL-10-0005203
CIN history
Steelmax Alloys has one previous CIN (Corporate Identification Number): U27310AP1994PLC017304. The current CIN is U27310KL1994PLC021033, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U27310KL1994PLC021033 | Current |
| U27310AP1994PLC017304 | Previous |
Recognitions & Rankings of Steelmax Alloys
Contact details
Steelmax Alloys Limited's registered office is in Palakkad, Kerala. Its website is steelmaxindia.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address9/823 Thillangad Junction Opp.Kannampully Sub – Station Manjalur Po, Palakkad, Kerala, India – 678502
- IndustryMetals and Minerals, Steel Manufacturing & Processing
To see the full contact details of Steelmax Alloys Limited, buy the company report.
Comprehensive company report
Steelmax Alloys 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 Steelmax Alloys 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 Steelmax Alloys Limited, buy the company report.
Financials of Steelmax Alloys Limited
FY 2024 filings availableSteelmax Alloys Limited reported revenue of ₹19.93 Lakh (down 100% YoY) for FY 2024.
Revenue · FY 2024
₹19.93 Lakh ▼ 100%
Net loss · FY 2024
₹69.31 Lakh margin -347.9%
EBITDA · FY 2024
-₹47.67 Lakh margin -239.3%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
3 years · compounded
▼ 83%
5 years · compounded
▼ 66%
EBITDA CAGR growth
1 year
▲ 86%
3 years · compounded
▼ 34%
5 years · compounded
▼ 18%
Revenue has declined at a compounded annual rate (CAGR) of 66% over five years. EBITDA rose 86% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
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| Revenue from Operations | |||||
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| Cost of Materials Consumed | |||||
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| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹47.67 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹69.31 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
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| Inventories | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -239.3% | ||||
| Net Profit Margin | -347.9% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick 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 Steelmax Alloys Limited, buy the company report.
Board of directors of Steelmax Alloys Limited
Steelmax Alloys 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 Also directs: Steel Max Rolling Mills Limited, Eget Industries LLP, Hill Top Promoters LLP and 4 more | Director | 01 Jun 2014 | 12 Years 4 Months | Current |
| Parayil Asharaf Also directs: Steel Max Rolling Mills Limited | Managing Director | 12 Dec 2011 | 14 Years 10 Months | Current |
| Kodalil Abdul Nazar | Director | 04 Mar 2008 | 18 Years 7 Months | Current |
| Koodathil Shabir Also directs: Steel Max Rolling Mills Limited, Pragati Strategic Initiatives LLP | Director | 21 Jan 2008 | 18 Years 9 Months | Current |
Auditor
Steelmax Alloys Limited is audited by MAHADEVAN & SIVARAJAN for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MAHADEVAN & SIVARAJAN | FY 2023 | 006388S |
Shareholding
The shareholding of Steelmax Alloys 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 Steelmax Alloys Limited, buy the company report.
Charges & borrowings
Open charges
₹5.75 Cr
Satisfied charges
₹8.34 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Mar 2004 | 90133183 | State Bank of India | ₹3.75 Cr | Open | |
| 13 Jun 1996 | 90132273 | Indl Reconstruction Bank of India | ₹2 Cr | Open | |
| 30 Jul 2013 | 10450457 | Daimler Financial Services India Private Limited | ₹19.14 Lakh | Satisfied | |
| 19 Dec 2003 | 90133152 | Kerala Financial Corp. | ₹90 Lakh | Satisfied | |
| 19 Dec 2002 | 90133070 | Kerala Financial Corporation | ₹90 Lakh | Satisfied |
To see the full charge records of Steelmax Alloys Limited, buy the company report.
Total charge records: 8 View all charges
Legal cases
Steelmax Alloys Limited has 43 court cases on record: 35 filed by Steelmax Alloys, 8 filed against it. 2 cases are pending and 41 are disposed.
Total cases
43
Filed by the company
35
Filed against the company
8
Pending
2
Disposed
41
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 35 | 5 | 0 |
| District courts | 5 | 2 | 1 |
| Supreme Court | 3 | 1 | 1 |
Cases on record (5 of 43)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Pune, Maharashtra | Civil suit | Filed against the company by Ms. Rieco Industries Ltd. | Disposed |
| District court, Palakkad, Kerala | Criminal case | Filed by the company against an individual | Pending |
| Supreme Court | Court case (1815-Ordinary Civil Matters : Matters relating to Electricity Dispute(connection/disconnection etc)) | Filed against the company by Kerala State Electricity Board Rep. by Secretary Vydthuthi Bhavan, Pattom Po , District: Thiruvananthapuram ,Thiruvananthapuram , Kerala and 2 others | Pending |
| District court, Palakkad, Kerala | Criminal case | Filed by the company against an individual | Disposed |
| High Court | Writ petition | Filed by the company against State Tax Officer, Squad No. VII, and 3 others | Disposed |
To see the full case history of Steelmax Alloys 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
Steelmax Alloys Limited was last rated by Icra on 17 Dec 2018.
| Rating agency | Rated on | Rating |
|---|---|---|
| Icra | 17 Dec 2018 |
To see the full credit ratings and regulatory alerts of Steelmax Alloys Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Steelmax Alloys Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Steelmax Alloys Limited has a workforce of 29 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
Employee count
29
Active EPFO establishments
1
Employee growth
-14.71%
GST
Steelmax Alloys has 2 GST registrations: 2 active.
Total GSTINs
2
Active
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 32AABCK2443D1Z7 | Kerala | Active | 01 Jul 2017 |
| 32AABCK2443D1DG | Kerala | Active | 19 Dec 2024 |
To see the full GST registrations and return filing status of Steelmax Alloys Limited, buy the company report.
Recent activity
Steelmax Alloys Limited has 20 board changes on record since 2007: 4 appointments and 16 cessations. The latest: Mangattil Majeed ceased to be Director on 06 Sep 2022.
AGM
Steelmax Alloys Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Steelmax Alloys Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ernakulam.
Charges
A charge with State Bank Of India of Rs. 3.75 Cr registered on 29 Mar 2004 with Charge ID 90133183 was modified on 28 Dec 2022.
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.
Ceased
Abdullah Athiyanathil ceased to be Additional Director.
Ceased
Mangattil Ummer ceased to be Additional Director.
Ceased
Mohammed Koya Mohamed Basheer ceased to be Additional Director.
Charges
A charge registered on 14 Mar 2001 via Charge ID 90132900 with State Bank Of Mysore was fully satisfied on 06 Feb 2019.
27 earlier events are in the company report.
Frequently asked questions
Steelmax Alloys is an active public limited company based in Palakkad, Kerala, India. The company works in steel manufacturing and processing, within the metals and minerals industry. It was incorporated on 05 April 1994 (32+ years old) and is registered under CIN U27310KL1994PLC021033.
Steelmax Alloys has 4 current directors:
- Parayil Asharaf - Managing Director
- Mohamed Safeer - Director
- Kodalil Abdul Nazar - Director
- Koodathil Shabir - Director
The latest financial statements of Steelmax Alloys on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Steelmax Alloys is 32AABCK2443D1Z7, registered in Kerala. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 32AABCK2443D1DG (Kerala).
The CIN (Corporate Identification Number) of Steelmax Alloys is U27310KL1994PLC021033. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Steelmax Alloys has 43 court cases on record: 35 filed by the company and 8 filed against it. 2 are pending. Most are in the high courts.
Steelmax Alloys was incorporated on 05 April 1994, making it 32+ years old. It is registered with the Registrar of Companies, Ernakulam.
Mangattil Majeed ceased to be Director on 06 Sep 2022. Mangattil Moosa Kutty ceased to be Director on 06 Sep 2022. Parayil Aliasbava Mammukutty ceased to be Director on 06 Sep 2022. Steelmax Alloys has 20 board changes on record in total.
Yes, Steelmax Alloys is registered as a medium enterprise under Udyam registration (number: UDYAM-KL-10-0005203).
Steelmax Alloys can be reached through the website steelmaxindia.com. Its registered office is in Palakkad, Kerala, India.
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