Stride Steels Private Limited

Stride Steels Private Limited - metals and minerals in Gummidipoondi, Tamil Nadu, India. FY 2026 financials & compliance.
CIN U27310TN2008PTC067964 Incorporated 29 May 2008 ROC Chennai HQ Gummidipoondi, Tamil Nadu, India
Active Private Limited Company metals and minerals
Data last updated
Revenue · FY 2023
₹168.31 Cr
▲ 22% YoY
Net profit · FY 2023
₹12.8 Lakh
Net margin 0.1%
EBITDA · FY 2023
₹1.38 Cr
EBITDA margin 0.8%
Authorised capital
₹2 Cr
Registered with MCA
Paid-up capital
₹1.62 Cr
Issued & subscribed
Open charges
₹49 Cr
Satisfied ₹54 Cr
Company age
18 yrs
Est. 2008
Directors on board
2
As per MCA filings

About Stride Steels Private Limited

Data last updated:

Stride Steels Private Limited is a private limited company based in Gummidipoondi, Tamil Nadu, India. It operates in the steel manufacturing and processing segment of the metals and mining sector. It was incorporated on 29 May 2008 and has been in existence for over 18 years.

The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U27310TN2008PTC067964. Its GSTIN is 33AAMCS0304G1ZS (Tamil Nadu). The company holds 2 GST registrations, of which 1 is active.

The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹1.62 Cr. It is led by directors Nirmal Kumar Kanyalal (Whole-Time Director) and Vandana Nirmal Kumar.

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 A – 7/E Sipcot Industrial Complex, Gummidipoondi, Tamil Nadu, India – 601201.

As per the financials filed for FY 2023, the company reported a revenue of ₹168.31 Cr, a growth of 22% compared to the previous year. For the same year it recorded a net profit of ₹12.8 Lakh (net margin 0.1%) and EBITDA of ₹1.38 Cr (EBITDA margin 0.8%). Revenue has grown at a compounded annual rate (CAGR) of 10% over three years and 5% over five years.

As per MCA filings, the company has open charges of ₹49 Cr and satisfied charges of ₹54 Cr on record. Court records list 38 cases involving the company, including 34 filed by the company and 4 filed against it; 6 cases are pending.

The current compliance status is marked as compliant by the Registrar of Companies.

Company Details of Stride Steels Private Limited
CIN U27310TN2008PTC067964
Registration Number 067964
Incorporation Date 29 May 2008
ROC Chennai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2023
Date of Balance Sheet 31 March 2023
Compliance Status Active Compliant
Key People
Nirmal Kumar Kanyalal Whole-Time Director Vandana Nirmal Kumar Director
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Website
    Locked
  • Social Media
    Locked
  • Registered Address
    A – 7/E Sipcot Industrial Complex, Gummidipoondi, Tamil Nadu, India – 601201
  • Industry
    Metals and Minerals, Steel Manufacturing & Processing
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Financials, compliance, directors, charges, ownership and filings for Stride Steels Private Limited in one report.

Financials from 2015 Directors & ownership Charges & compliance

Business Activity of Stride Steels Private Limited

The main business activity of Stride Steels is manufacturing. In detail, this covers metal and metal products.

Main Activity Group CodeDescription of Main ActivityBusiness Activity CodeDescription of Business ActivityTurnover Percentage
CManufacturingC7Metal and metal productsLocked
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Business activity turnover details

Turnover share and past changes in activity are in the company report.

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Financials of Stride Steels Private Limited FY 2023 filings available

Stride Steels Private Limited reported revenue of ₹168.31 Cr (up 22% YoY) for FY 2023.

Revenue · FY 2023
₹168.31 Cr ▲ 22%
Net profit · FY 2023
₹12.8 Lakh margin 0.1%
EBITDA · FY 2023
₹1.38 Cr margin 0.8%

Compounded Annual Growth Rate (CAGR) of Stride Steels Private Limited

Revenue CAGR growth
1 year
▲ 22%
3 years · compounded
▼ 10%
5 years · compounded
▲ 5%
EBITDA CAGR growth
1 year
▼ 68%
3 years · compounded
▲ 114%
5 years · compounded
▲ 41%

Revenue has grown at a compounded annual rate (CAGR) of 5% over five years, including 22% growth in the latest year. EBITDA fell 68% 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 of Stride Steels Private Limited

MetricsFY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
Profit and Loss Statement
Revenue from Operations₹168.31 Cr••••••••••••••••
Other Income••••••••••••••••••••
Total Revenue••••••••••••••••••••
Cost of Materials Consumed••••••••••••••••••••
Employee Benefit Expense••••••••••••••••••••
Finance Costs••••••••••••••••••••
Depreciation and Amortisation••••••••••••••••••••
Other Expenses••••••••••••••••••••
Total Expenses••••••••••••••••••••
EBITDA₹1.38 Cr••••••••••••••••
Profit Before Tax••••••••••••••••••••
Tax Expense••••••••••••••••••••
Net Profit (PAT)₹12.8 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 of Stride Steels Private Limited

MetricsFY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
Profitability
EBITDA Margin0.8%••••••••••••••••
Net Profit Margin0.1%••••••••••••••••
Return on Equity (ROE)••••••••••••••••••••
Return on Capital Employed (ROCE)••••••••••••••••••••
Return on Assets (ROA)••••••••••••••••••••
Liquidity and Debt
Current Ratio••••••••••••••••••••
Quick Ratio••••••••••••••••••••
Debt-to-Equity Ratio••••••••••••••••••••
Interest Coverage Ratio••••••••••••••••••••
Efficiency and Growth
Asset Turnover••••••••••••••••••••
Receivable Days••••••••••••••••••••
Payable Days••••••••••••••••••••
Inventory Days••••••••••••••••••••
Revenue Growth••••••••••••••••••••
Net Profit Growth••••••••••••••••••••

Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Stride Steels are in the company report.

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Financial statements from 2015

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Peer Comparison of Stride Steels Private Limited

Stride Steels Private Limited is compared with the companies closest to it by revenue in the Metals and Minerals industry (Steel). Net profit, margin and employee counts of each company are in the company report.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Stride Steels Private Limited this company₹168.31 Cr (FY 2023)••••••••22.0%••••Gummidipoondi, Tamil Nadu, India
Hindustan Alcox Private Limited₹139.28 Cr (FY 2026)••••••••-28.0%••••New Delhi, Delhi, India
Nyalkaran Steel Private Limited₹139.14 Cr (FY 2025)••••••••33.0%••••Ahmedabad, Gujarat, India
Kotecha Steel Forge and Cast Industries Private Limited₹138.58 Cr (FY 2025)••••••••-11.0%••••Surendranagar, Gujarat, India
Prajapati Iron and Steel Private Limited₹138.55 Cr (FY 2025)••••••••1.0%••••Ahmedabad, Gujarat, India
New Al Madina Steel Private Limited₹138.55 Cr (FY 2025)••••••••26.0%••••Babra, Gujarat, India
Seven Star Steels Limited₹138.27 Cr (FY 2025)••••••••-15.0%••••Kolkata, West Bengal, India
Navnidhi Steel and Engineering Company Private Limited₹137.96 Cr (FY 2025)••••••••4.0%••••Mumbai, Maharashtra, India
Sevenstar Special Steel Private Limited₹137.85 Cr (FY 2025)••••••••18.0%••••Mumbai, Maharashtra, India
Shree Radhakrishna Alloys Private Limited₹137.51 Cr (FY 2025)••••••••-13.0%••••Kanpur, Uttar Pradesh, India
Bhilai Iron and Steel Processing Company Private Limited₹137.47 Cr (FY 2025)••••••••-6.0%••••Bhilai, Chhattisgarh, India

Peers are the five companies nearest above and the five nearest below Stride Steels by revenue in the Metals and Minerals industry (Steel), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.

Auditor Details of Stride Steels Private Limited

Stride Steels Private Limited is audited by VINODH KOTHARI & CO., for the financial year 2023.

NameStatusAppointment DateCessation Date
VINODH KOTHARI & CO.,LockedLockedLocked
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Board of Directors of Stride Steels Private Limited

Stride Steels has 2 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Nirmal Kumar KanyalalWhole-Time Director29 May 200818 Years 4 MonthsCurrent
Vandana Nirmal KumarDirector15 Sep 201610 Years 0 MonthsCurrent
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Ownership and Shareholding of Stride Steels Private Limited

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Charges & Borrowings of Stride Steels Private Limited

Open charges
₹49 Cr
Satisfied charges
₹54 Cr
Breakdown by lending institutions
Union Bank of India₹49.00 Cr
Others₹5.00 Cr
Latest charge details
DateLenderAmountStatus
19 Sep 2016Others₹5 CrSatisfied
05 Nov 2013Union Bank of India₹49 CrSatisfied

Total charge records: 2 View all charges

Employees and EPFO Compliance at Stride Steels Private Limited

Employment history and EPFO contributions of people linked to Stride Steels.

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Employee and EPFO history

Monthly headcount, contribution history and filing status are in the company report.

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Recent Activity on Stride Steels Private Limited

Stride Steels Private Limited has 8 board changes on record since 2008: 2 appointments and 6 cessations. The latest: Nirmal Kumar Kanyalal ceased to be Director on 01 Sep 2021.

Charges
A charge registered on 05 Nov 2013 via Charge ID 10462684 with Union Bank Of India was fully satisfied on 07 Jul 2025.
AGM
Stride Steels Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
Filing
Stride Steels Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chennai.
Ceased
Nirmal Kumar Kanyalal ceased to be Director.
Charges
A charge registered on 19 Sep 2016 via Charge ID 100060948 with Others was fully satisfied on 23 Nov 2017.
Ceased
Vandana Nirmal Kumar ceased to be Additional Director.
Charges
A charge with Others amounted to Rs. 5.00 Cr with Charge ID 100060948 was registered on 19 Sep 2016.
Ceased
Pradeep Kumar ceased to be Director.
Appointed
Vandana Nirmal Kumar was appointed as Director.
Charges
A charge with Union Bank Of India of Rs. 49.00 Cr registered on 05 Nov 2013 with Charge ID 10462684 was modified on 03 Nov 2015.
Ceased
Prasankumar ceased to be Director.
Charges
A charge with Union Bank Of India amounted to Rs. 49.00 Cr with Charge ID 10462684 was registered on 05 Nov 2013.

4 earlier events are listed in the company report.

Credit Ratings, Litigation & Regulatory Alerts for Stride Steels Private Limited

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MSME Payment Delays by Stride Steels Private Limited

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Subsidiaries & Group Companies of Stride Steels Private Limited

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GST Compliance of Stride Steels Private Limited

Stride Steels has 2 GST registrations: 1 active and 1 cancelled or inactive.

Total GSTINs
2
Active
1
Cancelled / inactive
1
GSTINStateStatusRegistered on
33AAMCS0304G1ZSTamil NaduActive01 Jul 2017
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MCA Filings & Documents of Stride Steels Private Limited

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Frequently Asked Questions about Stride Steels Private Limited

Stride Steels is an active private limited company based in Gummidipoondi, Tamil Nadu, India. The company works in steel manufacturing and processing, within the metals and minerals industry. It was incorporated on 29 May 2008 (18+ years old) and is registered under CIN U27310TN2008PTC067964.

Stride Steels reported revenue of ₹168.31 Cr for FY 2023 (up 22% YoY).

Stride Steels has 2 current directors:

Stride Steels reported a net profit of ₹12.8 Lakh (net margin 0.1%) and EBITDA of ₹1.38 Cr (EBITDA margin 0.8%) for FY 2023, as per its filed financial statements.

The compounded annual growth rate (CAGR) of the revenue of Stride Steels is -10% over three years and 5% over five years. In the latest year (FY 2023) revenue rose 22%. CAGR is the steady yearly rate that links the first and the last year.

The GSTIN of Stride Steels is 33AAMCS0304G1ZS, registered in Tamil Nadu. 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 Stride Steels is U27310TN2008PTC067964. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Stride Steels has 38 court cases on record: 34 filed by the company and 4 filed against it. 6 are pending. Most are in the high courts.

Stride Steels was incorporated on 29 May 2008, making it 18+ years old. It is registered with the Registrar of Companies, Chennai.

The peers of Stride Steels by revenue are Hindustan Alcox Private Limited, Nyalkaran Steel Private Limited, Kotecha Steel Forge and Cast Industries Private Limited, Prajapati Iron and Steel Private Limited, New Al Madina Steel Private Limited and 5 more, all in the Metals and Minerals industry (Steel).

Nirmal Kumar Kanyalal ceased to be Director on 01 Sep 2021. Vandana Nirmal Kumar ceased to be Additional Director on 30 Sep 2016. Pradeep Kumar ceased to be Director on 16 Sep 2016. Stride Steels has 8 board changes on record in total.

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