About Suryadev Alloys and Power Private Limited
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Suryadev Alloys and Power Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the thermal power generation and plants segment of the energy and power sector. It was incorporated on 26 May 2006 and has been in existence for over 20 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U29141TN2006PTC059997. Its GSTIN is 33AAKCS1246B1ZT (Tamil Nadu). The company holds 8 GST registrations, of which 4 are active.
The company has an authorised share capital of ₹100 Cr and a paid-up capital of ₹92.82 Cr. It is led by directors including Mukesh Agarwal (Managing Director) and Balaji Radhakrishnan.
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 497 & 498 8th Floor Isana Building P.H. Road Arumbakkam, Chennai, Tamil Nadu, India – 600106.
As per the financials filed for FY 2025, the company reported a revenue of ₹3,012.08 Cr, a growth of 7% compared to the previous year. For the same year it recorded a net profit of ₹44.29 Cr (net margin 1.5%) and EBITDA of ₹227.94 Cr (EBITDA margin 7.6%). Revenue has grown at a compounded annual rate (CAGR) of 28% over three years and 22% over five years.
The company has about 188 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Suryadev Alloys and Power. As per MCA filings, the company has open charges of ₹2,260.87 Cr and satisfied charges of ₹5,632.58 Cr on record. Court records list 202 cases involving the company, including 138 filed by the company and 64 filed against it; 39 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website suryadev.in.
Company details
Contact details
Suryadev Alloys and Power Private Limited's registered office is in Chennai, Tamil Nadu. Its website is suryadev.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address497 & 498 8th Floor Isana Building P.H. Road Arumbakkam, Chennai, Tamil Nadu, India – 600106
- IndustryEnergy and Power, Thermal Power Generation & Plants
To see the full contact details of Suryadev Alloys and Power 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
Brands
Suryadev Alloys and Power operates one associated brand: Suryadev Alloys and Power. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Produces steel items like TMT bars, billets, and sponge iron for industrial use. | suryadev.in |
Business activity
The main business activities of Suryadev Alloys and Power are manufacturing, electricity, gas, steam and air condition supply and trade. In detail, this covers metal and metal products, electric power generation, transmission and distribution and wholesale trading. 3 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 | |
| D | Electricity, gas, steam and air condition supply | D1 | Electric power generation, transmission and distribution | |
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Suryadev Alloys and Power Private Limited, buy the company report.
Financials of Suryadev Alloys and Power Private Limited
FY 2025 filings availableSuryadev Alloys and Power Private Limited reported revenue of ₹3,012.08 Cr (up 7% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 22% over five years, including 7% growth in the latest year. EBITDA fell 1% 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 | ₹3,012.08 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹227.94 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹44.29 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 | 7.6% | ||||
| Net Profit Margin | 1.5% | ||||
| 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 Suryadev Alloys and Power Private Limited, buy the company report.
Board of directors and KMP of Suryadev Alloys and Power Private Limited
Suryadev Alloys and Power Private Limited currently reports 4 directors and 2 key managerial personnel. 6 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Muckbul Muzaffer Ahmed | Cfo | 10 Apr 2024 | 2 Years 7 Months | Current |
| Balaji Radhakrishnan Also directs: Josan Deposits and Advances Limited, Kamdhenu Fincap Limited, Kaner Investments Limited and 4 more | Director | 27 Aug 2012 | 14 Years 2 Months | Current |
| Gautam Kumar Kundu | Director | 12 Sep 2012 | 14 Years 2 Months | Current |
| Lakshmi Sowjanya Kalahasthi Also directs: Svavas Technologies Private Limited | Company Secretary | 19 Mar 2020 | 6 Years 7 Months | Current |
| Mukesh Agarwal Also directs: BMP Steels Private Limited, Third Eye Builders Private Limited, Marathon Steel Trading Private Limited and 5 more | Managing Director | 26 May 2006 | 20 Years 5 Months | Current |
| Pankaj Agarwal Also directs: BMP Steels Private Limited, Third Eye Builders Private Limited, Marathon Steel Trading Private Limited and 5 more | Director | 26 May 2006 | 20 Years 5 Months | Current |
Peer comparison
Suryadev Alloys and Power Private Limited is compared with the 3 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 |
|---|---|---|---|---|---|---|
| Tata Metaliks Ltd. | ₹3,273.21 Cr (FY 2023) | 19.0% | Kolkata, West Bengal, India | |||
| Suryadev Alloys and Power Private Limitedthis company | ₹3,012.08 Cr (FY 2025) | ₹44.29 Cr | 1.5% | 7.0% | 188 | Chennai, Tamil Nadu, India |
| Mukand Sumi Special Steel Limited | ₹2,736.76 Cr (FY 2025) | -4.0% | Kalwa, Maharashtra, India | |||
| Hi-Tech Pipes Ltd | ₹2,700.47 Cr (FY 2024) | 13.0% | New Delhi, Delhi, India |
To see the full peer comparison of Suryadev Alloys and Power Private Limited, buy the company report.
Auditor
Suryadev Alloys and Power Private Limited is audited by Singhi & Co for the financial year 2025.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Singhi & Co | FY 2025 | 302049E |
Shareholding
The shareholding of Suryadev Alloys and Power Private Limited is on record for 5 financial years, the latest being FY 2025, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Suryadev Alloys and Power Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 24 Aug 2026 | 101369980 | Others | ₹30 Cr | Open | |
| 10 Aug 2026 | 101357439 | Others | ₹50 Cr | Open | |
| 27 Feb 2026 | 101249532 | Others | ₹75 Cr | Open | |
| 23 Jan 2026 | 101229645 | Sbicap Trustee Company Limited | ₹1,050 Cr | Open | |
| 23 Jan 2026 | 101229734 | Sbicap Trustee Company Limited | ₹75 Cr | Open |
To see the full charge records of Suryadev Alloys and Power Private Limited, buy the company report.
Total charge records: 64 View all charges
Legal cases
Suryadev Alloys and Power Private Limited has 202 court cases on record: 138 filed by Suryadev Alloys and Power, 64 filed against it. 39 cases are pending and 163 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 106 | 21 | 12 |
| High courts | 93 | 41 | 27 |
| Supreme Court | 3 | 2 | 0 |
Cases on record (5 of 202)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Madras High Court | Court case (CRL MP) | Filed against the company by M/S Vetha Constructions India Pvt Ltd., | Pending |
| Madras High Court | Court case (CRL OP) | Filed against the company by M/S Vetha Constructions India Pvt Ltd., | Pending |
| Madras High Court | Interim or miscellaneous application | Filed against the company by Surya Roshni Limited | Pending |
| District court, Chennai, Tamil Nadu | Appeal | Filed by the company against Karismaa Foundations P Ltd and 1 other | Pending |
| Madras High Court | Writ petition | Filed by the company against Tamil Nadu Transmission Corporation Limited (Tantransco) and 2 others | Pending |
To see the full case history of Suryadev Alloys and Power 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.
Credit ratings & regulatory alerts
Suryadev Alloys and Power Private Limited was last rated by Care on 06 Oct 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 06 Oct 2021 |
To see the full credit ratings and regulatory alerts of Suryadev Alloys and Power Private Limited, buy the company report.
MSME payment delays
Suryadev Alloys and Power Private Limited has 6 MSME Form 1 returns on record between 2020 and 2023, listing 193 overdue payments to 58 micro and small suppliers. 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 (5 of 58)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| Hitech Concrete Solutions Chennai Private Limited | |||
| Kes Construction | |||
| Popuri Steels Limited | |||
| an individual supplier |
To see the full MSME payment records of Suryadev Alloys and Power Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Suryadev Alloys and Power Private Limited has a workforce of 188 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 188 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 |
To see the full employee and EPFO history of Suryadev Alloys and Power Private Limited, buy the company report.
GST
Suryadev Alloys and Power has 8 GST registrations: 4 active and 4 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAKCS1246B1ZT | Tamil Nadu | Active | 01 Jul 2017 |
| 33AAKCS1246B1D2 | Tamil Nadu | Active | 05 Nov 2024 |
| 29AAKCS1246B1ZI | Karnataka | Active | 13 Jul 2024 |
| 32AAKCS1246B2ZU | Kerala | Active | 04 Oct 2024 |
To see the full GST registrations and return filing status of Suryadev Alloys and Power Private Limited, buy the company report.
Recent activity
Suryadev Alloys and Power Private Limited has 10 board changes on record since 2006: 6 appointments and 4 cessations. The latest: Muckbul Muzaffer Ahmed was appointed as CFO on 10 Apr 2024.
134 earlier events are in the company report.
Frequently asked questions
Suryadev Alloys and Power is an active private limited company based in Chennai, Tamil Nadu, India. The company works in thermal power generation and plants, within the energy and power industry. It was incorporated on 26 May 2006 (20+ years old) and is registered under CIN U29141TN2006PTC059997.
Suryadev Alloys and Power has 6 current directors and KMP:
- Mukesh Agarwal - Managing Director
- Balaji Radhakrishnan - Director
- Gautam Kumar Kundu - Director
- Pankaj Agarwal - Director
- Muckbul Muzaffer Ahmed - Cfo
- Lakshmi Sowjanya Kalahasthi - Company Secretary
The latest financial statements of Suryadev Alloys and Power 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 Suryadev Alloys and Power is 33AAKCS1246B1ZT, registered in Tamil Nadu. The company has 8 GST registrations in all, of which 4 are active and 4 are cancelled or inactive. Other active GSTINs include 33AAKCS1246B1D2 (Tamil Nadu), 29AAKCS1246B1ZI (Karnataka), 32AAKCS1246B2ZU (Kerala).
The CIN (Corporate Identification Number) of Suryadev Alloys and Power is U29141TN2006PTC059997. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Suryadev Alloys and Power has 202 court cases on record: 138 filed by the company and 64 filed against it. 39 are pending. Most are in the district courts.
Suryadev Alloys and Power was incorporated on 26 May 2006, making it 20+ years old. It is registered with the Registrar of Companies, Chennai.
The peers of Suryadev Alloys and Power by revenue are Tata Metaliks Ltd, Mukand Sumi Special Steel Limited, Hi-Tech Pipes Ltd, all in the Metals and Minerals industry (Steel), with the same principal business activity (metal and metal products).
Muckbul Muzaffer Ahmed was appointed as CFO on 10 Apr 2024. Govind Gagoria ceased to be Director on 18 Jul 2020. Lakshmi Sowjanya Kalahasthi was appointed as Company Secretary on 19 Mar 2020. Suryadev Alloys and Power has 10 board changes on record in total.
Suryadev Alloys and Power has 6 MSME Form 1 returns on record between 2020 and 2023, listing 193 overdue payments to 58 micro and small suppliers. The latest return was filed on 22 Dec 2023.
Suryadev Alloys and Power can be reached through the website suryadev.in. Its registered office is in Chennai, Tamil Nadu, India.
The registered office of Suryadev Alloys and Power is at 497 & 498 8th Floor Isana Building P.H. Road Arumbakkam, Chennai, Tamil Nadu, India – 600106.
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