About Ual Industries Limited.
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Ual Industries Limited. is a public limited company based in Kolkata, West Bengal, India. It operates in the cement and cement products segment of the manufacturing sector. It was incorporated on 11 November 1974 and has been in existence for over 52 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U26943WB1974PLC140600. Its GSTIN is 19AAACU3497L1ZP (West Bengal). The company holds 10 GST registrations, of which 7 are active.
The company has an authorised share capital of ₹5.25 Cr and a paid-up capital of ₹4.44 Cr. It was formerly known as Utkal Asbestos Limited and Utkal Asbestos Private Limited. It is led by directors including Arun Kumar Saraf (Managing Director) and Nupur Poddar (Whole-Time Director).
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 Maniuday 16 Mayfairroad, Kolkata, West Bengal, India – 700019.
As per the financials filed for FY 2025, the company reported a revenue of ₹685.48 Cr, a decline of 3% compared to the previous year. For the same year it recorded a net profit of ₹74.78 Cr (net margin 10.9%) and EBITDA of ₹111.49 Cr (EBITDA margin 16.3%). Revenue has grown at a compounded annual rate (CAGR) of 2% over three years and 7% over five years.
As per MCA filings, the company has open charges of ₹160.73 Cr and satisfied charges of ₹916.75 Cr on record. Court records list 112 cases involving the company, including 88 filed by the company and 24 filed against it; 30 cases are pending. The company has 10 deals on record (7 secondary share transfers, 3 funding rounds), with disclosed funding of ₹21.15 Cr; the latest was in July 2018. The company has 13 MSME Form 1 returns on record between 2019 and 2023, listing 27 overdue payments to 13 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 ualind.com.
Company details
Name history
Ual Industries Limited has undergone 2 name changes throughout its history. The company was previously known as Utkal Asbestos Limited, and Utkal Asbestos Private Limited. The current legal name is Ual Industries Limited..
| Company Name | Status |
|---|---|
| Ual Industries Limited. | Current |
| Utkal Asbestos Limited | Previous |
| Utkal Asbestos Private Limited | Previous |
CIN history
Ual Industries Limited has one previous CIN (Corporate Identification Number): U26943OR1974PLC000636. The current CIN is U26943WB1974PLC140600, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U26943WB1974PLC140600 | Current |
| U26943OR1974PLC000636 | Previous |
Contact details
Ual Industries Limited.'s registered office is in Kolkata, West Bengal. Its website is ualind.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressManiuday 16 Mayfairroad, Kolkata, West Bengal, India – 700019
- IndustryManufacturing, Cement & Cement Products
To see the full contact details of Ual Industries 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
Business activity
The main business activity of Ual Industries Limited is manufacturing. In detail, this covers other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C13 | Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities |
To see the full business activity and turnover split of Ual Industries Limited., buy the company report.
Financials of Ual Industries Limited.
FY 2024 filings availableUal Industries Limited. reported revenue of ₹685.48 Cr (down 3% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 3% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 7%. EBITDA fell 27% 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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| Total Expenses | |||||
| EBITDA | ₹111.49 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹74.78 Cr | ||||
| Balance Sheet | |||||
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| Reserves and Surplus | |||||
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| Long-term Borrowings | |||||
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| Inventories | |||||
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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 | 16.3% | ||||
| Net Profit Margin | 10.9% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
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| Net Profit Growth | |||||
To see the full financial statements and ratios of Ual Industries Limited., buy the company report.
Board of directors of Ual Industries Limited.
Ual Industries Limited has 8 current directors and 12 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nupur Poddar | Whole-Time Director | 20 Apr 2011 | 15 Years 6 Months | Current |
| Arun Kumar Saraf Also directs: Rourkela Pigments and Chemical Pvt Ltd, Pranav Merchandise Pvt Ltd, Prabhakar Commercial Pvt Ltd and 3 more | Managing Director | 18 Nov 1985 | 40 Years 11 Months | Current |
| Kaushalesh Nandan Prasad Sinha Also directs: Gunjan Marketing Pvt Ltd, Eastern Minerals & Alloys Limited, Prateek Coke Limited and 1 more | Whole-Time Director | 14 May 2005 | 21 Years 5 Months | Current |
| Sandip Kejriwal Kumar | Additional Director | 14 Dec 2024 | 1 Years 10 Months | Current |
| Bhabani Prasad Mohanty | Additional Director | 18 Nov 2024 | 1 Years 11 Months | Current |
| Kamal Kumar Saraogi | Whole-Time Director | 08 Mar 2021 | 5 Years 8 Months | Current |
Auditor
Ual Industries Limited. is audited by S. JAYKISHAN for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S. JAYKISHAN | FY 2023 | 309005E |
Shareholding
The shareholding of Ual Industries 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 Ual Industries Limited., buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Aug 2025 | 101153025 | Others | ₹30 Lakh | Open | |
| 10 Feb 2025 | 101047238 | Others | ₹13.09 Lakh | Open | |
| 08 Mar 2024 | 100888182 | Hdfc Bank Limited | ₹6.78 Cr | Open | |
| 16 Feb 2024 | 100878930 | Others | ₹17.52 Lakh | Open | |
| 16 Feb 2024 | 100878924 | Others | ₹17.52 Lakh | Open |
To see the full charge records of Ual Industries Limited., buy the company report.
Total charge records: 36 View all charges
Deals & funding
Ual Industries Limited. has 10 deals on record (7 secondary share transfers, 3 funding rounds), with disclosed funding of ₹21.15 Cr; the latest was in July 2018.
Deals on record (5 of 10)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jul 2018 | Secondary share transfer | Undisclosed | Buyer: Arun Kumar Saraf Jamunadhar HUF, 3 individuals Seller: Mortex Light India Pvt Ltd , Shivmangal Realcon Private Limited , Ans Properties Private Limited |
| Dec 2017 | Secondary share transfer | Undisclosed | Buyer: Arun Kumar Saraf Jamunadhar HUF, Mortex Light India Pvt Ltd , 2 individuals Seller: Dolphin Indotech Ltd , Maa Bhawani Tradelink Private Limited , Suncani Vinimay Private Limited |
| Mar 2017 | Secondary share transfer | Undisclosed | Buyer: Victoria Construction Ltd Seller: Shree Jaganath Cement Pvt. Ltd. |
| Mar 2011 | Funding round | ₹9 Cr | Investors: Ans Properties Private Limited , Maa Bhawani Tradelink Private Limited , Shivmangal Realcon Private Limited |
| Mar 2010 | Secondary share transfer | Undisclosed | Buyer: Eastern Minerals & Alloys Limited , Precious Merchants Pvt Ltd , Snoppy Trades Pvt. Ltd. Seller: Trishtta Management Limited, Kusum Vinimay Pvt Ltd , Zodiac Vyapaar Private Limited |
To see the full deal history of Ual Industries Limited., buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Ual Industries Limited. has 112 court cases on record: 88 filed by Ual Industries Limited, 24 filed against it. 30 cases are pending and 82 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 86 | 19 | 18 |
| District courts | 24 | 5 | 12 |
| Supreme Court | 2 | 0 | 0 |
Cases on record (5 of 112)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, West Bengal | Arbitration matter | Filed by the company against Ideal Unique Realtors Private Limited and Ors | Pending |
| High Court, ORISSA | Writ petition | Filed by the company against The National Thermal Power Corporation Ltd., NTPC Bhawan and 4 others | Pending |
| High Court | Court case (AP-COM) | Filed by the company against Steamax Envirocare Private Limited | Pending |
| District court, South Twenty Four Parganas, West Bengal | Interim or miscellaneous application | Filed by the company against Ideal Unique Realtors Private Limited | Pending |
| District court, South, Delhi | Court case (OMP (I) (COMM.)) | Filed by the company against Auram Asset Management Private Limited | Disposed |
To see the full case history of Ual Industries 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
Ual Industries Limited. was last rated by Care on 03 Feb 2023.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 03 Feb 2023 |
To see the full credit ratings and regulatory alerts of Ual Industries Limited., buy the company report.
MSME payment delays
Ual Industries Limited. has 13 MSME Form 1 returns on record between 2019 and 2023, listing 27 overdue payments to 13 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 13)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| Aira Electro Pneumatics | |||
| an individual supplier | |||
| an individual supplier | |||
| Tellabs Chemicals Private Limited |
To see the full MSME payment records of Ual Industries Limited., buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Ual Industries Limited has 10 GST registrations: 7 active and 3 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AAACU3497L1ZP | West Bengal | Active | 01 Jul 2017 |
| 19AAACU3497L2ZO | West Bengal | Active | 17 Sep 2017 |
| 09AAACU3497L1ZQ | Uttar Pradesh | Active | 01 Jul 2017 |
| 10AAACU3497L2Z6 | Bihar | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Ual Industries Limited., buy the company report.
Recent activity
Ual Industries Limited. has 18 board changes on record since 1985: 9 appointments and 9 cessations. The latest: Vidur Kumar Gupta was appointed as Additional Director on 01 Jun 2025.
74 earlier events are in the company report.
Frequently asked questions
Ual Industries Limited is an active public limited company based in Kolkata, West Bengal, India. The company works in cement and cement products, within the manufacturing industry. It was incorporated on 11 November 1974 (52+ years old) and is registered under CIN U26943WB1974PLC140600.
Ual Industries Limited has 8 current directors:
- Arun Kumar Saraf - Managing Director
- Nupur Poddar - Whole-Time Director
- Kaushalesh Nandan Prasad Sinha - Whole-Time Director
- Kamal Kumar Saraogi - Whole-Time Director
- Sandip Kejriwal Kumar - Additional Director
- Bhabani Prasad Mohanty - Additional Director
- Sonal Rishab Khandelwal - Director
- Vidur Kumar Gupta - Additional Director
The latest financial statements of Ual Industries Limited 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 Ual Industries Limited is 19AAACU3497L1ZP, registered in West Bengal. The company has 10 GST registrations in all, of which 7 are active and 3 are cancelled or inactive. Other active GSTINs include 19AAACU3497L2ZO (West Bengal), 09AAACU3497L1ZQ (Uttar Pradesh), 10AAACU3497L2Z6 (Bihar).
The CIN (Corporate Identification Number) of Ual Industries Limited is U26943WB1974PLC140600. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ual Industries Limited has 112 court cases on record: 88 filed by the company and 24 filed against it. 30 are pending. Most are in the high courts.
Ual Industries Limited was incorporated on 11 November 1974, making it 52+ years old. It is registered with the Registrar of Companies, Kolkata.
Ual Industries Limited has 10 deals on record (7 secondary share transfers, 3 funding rounds), with disclosed funding of ₹21.15 Cr; the latest was in July 2018.
Vidur Kumar Gupta was appointed as Additional Director on 01 Jun 2025. Sandip Kejriwal Kumar was appointed as Additional Director on 14 Dec 2024. Bhabani Prasad Mohanty was appointed as Additional Director on 18 Nov 2024. Ual Industries Limited has 18 board changes on record in total.
Ual Industries Limited has 13 MSME Form 1 returns on record between 2019 and 2023, listing 27 overdue payments to 13 micro and small suppliers. The latest return was filed on 16 Nov 2023.
Ual Industries Limited can be reached through the website ualind.com. Its registered office is in Kolkata, West Bengal, India.
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