About Tata Steel Downstream Products Limited
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Tata Steel Downstream Products Limited is a public limited company based in Kolkata, West Bengal, India, a subsidiary of Tata Steel Limited. It operates in the steel manufacturing and processing segment of the metals and mining sector. It was incorporated on 17 April 1997 and has been in existence for over 29 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U27109WB1997PLC084005. Its GSTIN is 19AABCT1029L1Z9 (West Bengal). The company holds 18 GST registrations, of which 15 are active.
The company has an authorised share capital of ₹5,000 Cr and a paid-up capital of ₹243.04 Cr. It was formerly known as Tata Ryerson Limited and Tata Steel Processing and Distribution Limited. It is led by directors including Sandeep Kumar (Managing Director) and Jagjit Singh (Managing Director).
Its last annual general meeting (AGM) was held on 10 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Tata Centre 43 Chowringhee Road, Kolkata, West Bengal, India – 700071.
As per the financials filed for FY 2025, the company reported a revenue of ₹7,495.97 Cr, a decline of 2% compared to the previous year. For the same year it recorded a net profit of ₹214.8 Cr (net margin 2.9%) and EBITDA of ₹340.58 Cr (EBITDA margin 4.5%). Revenue has grown at a compounded annual rate (CAGR) of 3% over three years and 19% over five years.
The company has about 978 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary and 1 joint venture.
The company is associated with 1 brand: TATA Trynox. As per MCA filings, the company has satisfied charges of ₹1,337.28 Cr on record. Court records list 136 cases involving the company, including 94 filed by the company and 42 filed against it; 22 cases are pending. The company has 3 deals on record (2 funding rounds, 1 secondary share transfer), with disclosed funding of ₹2,255.61 Cr; the latest was in May 2022. Its 9 peer companies in the Metals and Minerals industry (Steel), with the same principal business activity (metal and metal products) are compared by revenue, 5 larger and 4 smaller; the largest is Rashmi Metaliks Limited with revenue of ₹8,995.06 Cr. The company has 10 MSME Form 1 returns on record between 2019 and 2023, listing 453 overdue payments to 144 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website tspdl.com.
Company details
Name history
Tata Steel Downstream Products has undergone 2 name changes throughout its history. The company was previously known as Tata Ryerson Limited, and Tata Steel Processing And Distribution Limited. The current legal name is Tata Steel Downstream Products Limited.
| Company Name | Status |
|---|---|
| Tata Steel Downstream Products Limited | Current |
| Tata Ryerson Limited | Previous |
| Tata Steel Processing And Distribution Limited | Previous |
Contact details
Tata Steel Downstream Products Limited's registered office is in Kolkata, West Bengal. Its website is tspdl.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressTata Centre 43 Chowringhee Road, Kolkata, West Bengal, India – 700071
- IndustryMetals and Minerals, Steel Manufacturing & Processing
To see the full contact details of Tata Steel Downstream Products 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
Tata Steel Downstream Products operates one associated brand: TATA Trynox. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Operates an e-commerce store for security and surveillance products. | tatatrynox.com |
Business activity
The main business activity of Tata Steel Downstream Products 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 Tata Steel Downstream Products Limited, buy the company report.
Financials of Tata Steel Downstream Products Limited
FY 2025 filings availableTata Steel Downstream Products Limited reported revenue of ₹7,495.97 Cr (down 2% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 2% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 19%. EBITDA fell 6% 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 |
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| EBITDA | ₹340.58 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹214.8 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 4.5% | ||||
| Net Profit Margin | 2.9% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
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| Payable Days | |||||
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To see the full financial statements and ratios of Tata Steel Downstream Products Limited, buy the company report.
Board of directors of Tata Steel Downstream Products Limited
Tata Steel Downstream Products has 6 current directors and 37 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Peeyush Gupta Also directs: Mjunction Services Limited, Jamipol Limited, Subarnarekha Port Private Limited and 2 more | Nominee Director | 24 Jan 2014 | 12 Years 8 Months | Current |
| Sandeep Kumar | Managing Director | 21 Oct 2022 | 4 Years 0 Months | Current |
| Chaitanya Bhanu Also directs: TRL Krosaki Refractories Limited | Director | 30 Apr 2025 | 1 Years 5 Months | Current |
| Samita Shah Also directs: TRF Limited., Tata Bluescope Steel Private Limited, Rujuvalika Investments Limited and 2 more | Director | 29 Nov 2024 | 1 Years 10 Months | Current |
| Prabhat Kumar | Director | 01 Apr 2023 | 3 Years 6 Months | Current |
| Jagjit Singh | Managing Director | 01 May 2025 | 1 Years 5 Months | Current |
Peer comparison
Tata Steel Downstream Products Limited is compared with the 9 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 |
|---|---|---|---|---|---|---|
| Rashmi Metaliks Limited | ₹8,995.06 Cr (FY 2024) | 19.0% | Kolkata, West Bengal, India | |||
| Viraj Profiles Private Limited | ₹8,550.49 Cr (FY 2025) | -1.0% | Surat, Gujarat, India | |||
| Esl Steel Limited | ₹8,282.11 Cr (FY 2025) | -4.0% | Bokaro Steel, Jharkhand, India | |||
| Tata Steel Long Products Limited | ₹8,098.53 Cr (FY 2023) | 17.0% | Keonjhar, Odisha, India | |||
| Orissa Alloy Steel Private Limited | ₹7,641.81 Cr (FY 2025) | 24.0% | Kolkata, West Bengal, India | |||
| Tata Steel Downstream Products Limitedthis company | ₹7,495.97 Cr (FY 2025) | ₹214.8 Cr | 2.9% | -2.0% | 978 | Kolkata, West Bengal, India |
| Shyam Steel Industries Limited | ₹7,161.34 Cr (FY 2025) | 9.0% | Kolkata, West Bengal, India | |||
| Lloyds Metals and Energy Limited | ₹6,772.62 Cr (FY 2025) | 3.0% | Chandrapur, Maharashtra, India | |||
| Jai Balaji Industries Limited | ₹6,418.46 Cr (FY 2025) | -3.0% | Kolkata, West Bengal, India | |||
| Asian Colour Coated Ispat Limited | ₹6,334.07 Cr (FY 2022) | 62.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Tata Steel Downstream Products Limited, buy the company report.
Auditor
Tata Steel Downstream Products Limited is audited by Price Waterhouse & Co Chartered Accountants LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Price Waterhouse & Co Chartered Accountants LLP | FY 2023 | 304026E/E-300009 |
Shareholding
The shareholding of Tata Steel Downstream Products Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Tata Steel Downstream Products Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 20 Oct 2020 | 100386320 | Hdfc Bank Limited | ₹100 Cr | Satisfied | |
| 25 Jul 2019 | 100282151 | State Bank of India | ₹96 Cr | Satisfied | |
| 10 Aug 2018 | 100199972 | Others | ₹190 Cr | Satisfied | |
| 10 Mar 2017 | 100087485 | Sbicap Trustee Company Limited | ₹26.69 Cr | Satisfied | |
| 10 Mar 2017 | 100087148 | Sbicap Trustee Company Limited | ₹44 Cr | Satisfied |
To see the full charge records of Tata Steel Downstream Products Limited, buy the company report.
Total charge records: 12 View all charges
Deals & funding
Tata Steel Downstream Products Limited has 3 deals on record (2 funding rounds, 1 secondary share transfer), with disclosed funding of ₹2,255.61 Cr; the latest was in May 2022.
Deals on record (3 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| May 2022 | Funding round | ₹10 Cr | Investors: Tata Steel Limited |
| Jan 2021 | Funding round | ₹2,245.61 Cr | Investors: Tata Steel Limited |
| Jul 2009 | Secondary share transfer | Undisclosed | Buyer: Tata Steel Limited Seller: Ryerson Holdings (India) Private Limited |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Tata Steel Downstream Products Limited has 136 court cases on record: 94 filed by Tata Steel Downstream Products, 42 filed against it. 22 cases are pending and 114 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 75 | 10 | 12 |
| High courts | 58 | 29 | 10 |
| Supreme Court | 3 | 3 | 0 |
Cases on record (5 of 136)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Pune, Maharashtra | Civil suit | Filed by the company against Ranvik Autocomponents Private Limited | Pending |
| Supreme Court | Court case (1431-Criminal Matters : Matters challenging prosecution under Negotiable Instruments Act) | Filed against the company by Avneet Bedi Former Director of Ideb Projects (P) Ltd. Office at 9 and 10Th Floor Delta Tower Sigma Soft Tech Park, No. 7 Whitfield Road Varthur Kodi ,Bangalore , Karnataka | Disposed |
| High Court, West Bengal | Arbitration matter | Filed by the company against Inplan Techno Projects Pvt Ltd | Disposed |
| District court, Faridabad, Haryana | Cheque dishonour complaint | Filed by the company against Pranjal Projects Pvt Ltd and 2 others | Disposed |
| District court, Faridabad, Haryana | Cheque dishonour complaint | Filed by the company against M/S Savvak Systems Pvt Ltd and 3 others | Disposed |
To see the full case history of Tata Steel Downstream Products 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
Tata Steel Downstream Products Limited was last rated by Icra on 26 Oct 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Icra | 26 Oct 2021 |
To see the full credit ratings and regulatory alerts of Tata Steel Downstream Products Limited, buy the company report.
MSME payment delays
Tata Steel Downstream Products Limited has 10 MSME Form 1 returns on record between 2019 and 2023, listing 453 overdue payments to 144 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 144)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Rakesh Enterprises | |||
| an individual supplier | |||
| Multiquadrant Industrial Controls (India) Private Limited | |||
| Shaurya Inn | |||
| Janh & Saar Services LLP |
To see the full MSME payment records of Tata Steel Downstream Products Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Tata Steel Downstream Products has 1 subsidiary company, 1 joint venture, and 1 associated company. This group structure data is as of FY 2022. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Tata Steel Advanced Materials Limited | U74110MH2012PLC232512 |
To see the full group structure of Tata Steel Downstream Products Limited, buy the company report.
Employees & EPFO
Tata Steel Downstream Products Limited has a workforce of 978 employees on its EPFO records as of Apr 01, 2024, across 1 active EPFO establishment.
GST
Tata Steel Downstream Products has 18 GST registrations: 15 active and 3 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AABCT1029L1Z9 | West Bengal | Active | 01 Jul 2017 |
| 19AABCT1029L2Z8 | West Bengal | Active | 07 Sep 2017 |
| 03AABCT1029L1ZM | Punjab | Active | 01 Jul 2017 |
| 05AABCT1029L1ZI | Uttarakhand | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Tata Steel Downstream Products Limited, buy the company report.
Recent activity
Tata Steel Downstream Products Limited has 41 board changes on record since 2007: 6 appointments and 35 cessations. The latest: Chaitanya Bhanu ceased to be Additional Director on 09 Sep 2025.
59 earlier events are in the company report.
Frequently asked questions
Tata Steel Downstream Products is an active public limited company based in Kolkata, West Bengal, India. The company works in steel manufacturing and processing, within the metals and minerals industry. It was incorporated on 17 April 1997 (29+ years old) and is registered under CIN U27109WB1997PLC084005.
Tata Steel Downstream Products has 6 current directors:
- Sandeep Kumar - Managing Director
- Jagjit Singh - Managing Director
- Peeyush Gupta - Nominee Director
- Chaitanya Bhanu - Director
- Samita Shah - Director
- Prabhat Kumar - Director
The latest financial statements of Tata Steel Downstream Products on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 10 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Tata Steel Downstream Products is 19AABCT1029L1Z9, registered in West Bengal. The company has 18 GST registrations in all, of which 15 are active and 3 are cancelled or inactive. Other active GSTINs include 19AABCT1029L2Z8 (West Bengal), 03AABCT1029L1ZM (Punjab), 05AABCT1029L1ZI (Uttarakhand).
The CIN (Corporate Identification Number) of Tata Steel Downstream Products is U27109WB1997PLC084005. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Tata Steel Downstream Products has 136 court cases on record: 94 filed by the company and 42 filed against it. 22 are pending. Most are in the district courts.
Tata Steel Downstream Products was incorporated on 17 April 1997, making it 29+ years old. It is registered with the Registrar of Companies, Kolkata.
Tata Steel Downstream Products has 3 deals on record (2 funding rounds, 1 secondary share transfer), with disclosed funding of ₹2,255.61 Cr; the latest was in May 2022.
The peers of Tata Steel Downstream Products by revenue are Rashmi Metaliks Limited, Viraj Profiles Private Limited, Esl Steel Limited, Tata Steel Long Products Limited, Orissa Alloy Steel Private Limited and 4 more, all in the Metals and Minerals industry (Steel), with the same principal business activity (metal and metal products).
Chaitanya Bhanu ceased to be Additional Director on 09 Sep 2025. Samita Shah ceased to be Additional Director on 09 Sep 2025. Jagjit Singh was appointed as Managing Director on 01 May 2025. Tata Steel Downstream Products has 41 board changes on record in total.
Tata Steel Downstream Products has 10 MSME Form 1 returns on record between 2019 and 2023, listing 453 overdue payments to 144 micro and small suppliers. The latest return was filed on 29 Aug 2023.
Tata Steel Downstream Products can be reached through the website tspdl.com. Its registered office is in Kolkata, West Bengal, India.