MSME (Udyam registered) Ministry of MSME
- Category
- Small (2023-24)
- Udyam number
- UDYAM-GA-01-0006355
West Coast Ingots Private Limited - metals and minerals in Goa, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹12.84 Cr
▼ 7% YoY
Net profit · FY 2025
₹4.21 Cr
Net margin 32.8%
EBITDA · FY 2025
₹5.78 Cr
EBITDA margin 45%
Authorised capital
₹8 Cr
Registered with MCA
Paid-up capital
₹5.51 Cr
Issued & subscribed
Open charges
₹5 Cr
Satisfied ₹98.01 Cr
Company age
29 yrs
Est. 1997
Employees · EPFO
21
Provident fund records
About West Coast Ingots Private Limited
Data last updated:
West Coast Ingots Private Limited is a private limited company based in Goa, India. It operates in the steel manufacturing and processing segment of the metals and mining sector. It was incorporated on 23 October 1997 and has been in existence for over 29 years.
The company is registered with the Registrar of Companies (ROC), Goa, under CIN U27106GA1997PTC002459. Its GSTIN is 30AAACW2592A1ZW (Goa).
The company has an authorised share capital of ₹8 Cr and a paid-up capital of ₹5.51 Cr. It is led by directors Subhash Chand and Anshu Mathiyan.
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 Plot No 1 Kundaim Industrial Estate Kundaim, Goa, India – 403115.
As per the financials filed for FY 2025, the company reported a revenue of ₹12.84 Cr, a decline of 7% compared to the previous year. For the same year it recorded a net profit of ₹4.21 Cr (net margin 32.8%) and EBITDA of ₹5.78 Cr (EBITDA margin 45%). Revenue has declined at a compounded annual rate (CAGR) of 21% over three years and 17% over five years.
The company has about 21 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹5 Cr and satisfied charges of ₹98.01 Cr on record. Court records list 9 cases involving the company, including 8 filed by the company and 1 filed against it; 1 case is pending.
West Coast Ingots Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GA-01-0006355). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website mohitispat.com.
Company details
CIN U27106GA1997PTC002459
Registration Number 002459
Incorporation Date 23 October 1997
ROC Goa
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 Small
Udyam Registration UDYAM-GA-01-0006355
Recognitions & Rankings of West Coast Ingots
Contact details
West Coast Ingots Private Limited's registered office is in Goa. Its website is mohitispat.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressPlot No 1 Kundaim Industrial Estate Kundaim, Goa, India – 403115
- IndustryMetals and Minerals, Steel Manufacturing & Processing
To see the full contact details of West Coast Ingots Private Limited, buy the company report.
Comprehensive company report
West Coast Ingots Private 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 West Coast Ingots 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 West Coast Ingots Private Limited, buy the company report.
Financials of West Coast Ingots Private Limited
FY 2024 filings availableWest Coast Ingots Private Limited reported revenue of ₹12.84 Cr (down 7% YoY) for FY 2025.
Revenue · FY 2025
₹12.84 Cr ▼ 7%
Net profit · FY 2025
₹4.21 Cr margin 32.8%
EBITDA · FY 2025
₹5.78 Cr margin 45%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 7%
3 years · compounded
▲ 21%
5 years · compounded
▼ 17%
EBITDA CAGR growth
1 year
▲ 703%
3 years · compounded
▲ 135%
5 years · compounded
▲ 95%
Revenue has declined at a compounded annual rate (CAGR) of 17% over five years, including a 7% fall in the latest year. EBITDA rose 703% 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 | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
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| Depreciation and Amortisation | |||||
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| Total Expenses | |||||
| EBITDA | ₹5.78 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹4.21 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
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| Fixed Assets | |||||
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| Inventories | |||||
| Trade Receivables | |||||
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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 | 45% | ||||
| Net Profit Margin | 32.8% | ||||
| 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 West Coast Ingots Private Limited, buy the company report.
Board of directors of West Coast Ingots Private Limited
West Coast Ingots has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Anshu Mathiyan Also directs: West Coast Connect LLP | Additional Director | 05 Jun 2025 | 1 Years 4 Months | Current |
| Subhash Chand Also directs: Gokarn Sponge and Power Private Limited, Riya Automobiles Private Limited, Uptime Building Developers Private Limited and 1 more | Director | 24 Oct 1997 | 29 Years 0 Months | Current |
Peer comparison
West Coast Ingots Private Limited is compared with the 5 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 |
|---|---|---|---|---|---|---|
| Nirlon Steel Private Limited | ₹12.9 Cr (FY 2022) | 41.0% | Mumbai, Maharashtra, India | |||
| Green Readymade Steel Products India Private Limited | ₹12.88 Cr (FY 2025) | -33.0% | Malur, Karnataka, India | |||
| Shanti Vrat and Sons Private Limited | ₹12.86 Cr (FY 2025) | 2.0% | Uttar Pradesh, India | |||
| West Coast Ingots Private Limitedthis company | ₹12.84 Cr (FY 2025) | ₹4.21 Cr | 32.8% | -7.0% | 21 | Goa, India |
| Bhargav Alloy Castings Private Limited | ₹12.81 Cr (FY 2024) | 12.0% | Shimoga, Karnataka, India | |||
| Shree Sudarshan Strips Pvt. Ltd. | ₹12.78 Cr (FY 2025) | 35.0% | Bhiwadi, Rajasthan, India |
To see the full peer comparison of West Coast Ingots Private Limited, buy the company report.
Auditor
West Coast Ingots Private Limited is audited by Shrinivas Nayak & Co for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Shrinivas Nayak & Co | FY 2023 |
Shareholding
The shareholding of West Coast Ingots Private 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 West Coast Ingots Private Limited, buy the company report.
Charges & borrowings
Open charges
₹5 Cr
Satisfied charges
₹98.01 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Jul 2025 | 101132792 | Others | ₹5 Cr | Open | |
| 21 Dec 2021 | 100531776 | Axis Bank Limited | ₹6.15 Cr | Satisfied | |
| 15 Jun 2020 | 100341335 | Others | ₹2 Cr | Satisfied | |
| 14 Sep 2016 | 100050854 | Others | ₹70.12 Cr | Satisfied | |
| 19 Jun 2007 | 10062878 | Oriental Bank of Commerce | ₹10 Lakh | Satisfied |
To see the full charge records of West Coast Ingots Private Limited, buy the company report.
Total charge records: 9 View all charges
Legal cases
West Coast Ingots Private Limited has 9 court cases on record: 8 filed by West Coast Ingots, 1 filed against it. 1 case is pending and 8 are disposed.
Total cases
9
Filed by the company
8
Filed against the company
1
Pending
1
Disposed
8
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 7 | 0 | 1 |
| District courts | 2 | 1 | 0 |
Cases on record (5 of 9)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Appeal | Filed by the company against State of Goa Through Chief Secretary and 2 Ors., | Pending |
| District court, North Goa, Goa | Criminal miscellaneous application | Filed against the company by State of Goa | Disposed |
| Bombay High Court | Writ petition | Filed by the company against State of Goa, THR. Its Chief Secretary and 2 Ors., | Disposed |
| District court, North Goa, Goa | Civil suit | Filed by the company against State of Goa. | Disposed |
| Bombay High Court | Writ petition | Filed by the company against Union of India Through Secretary Ministry of Finance and 2 Ors., | Disposed |
To see the full case history of West Coast Ingots 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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for West Coast Ingots Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
West Coast Ingots Private Limited has a workforce of 21 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.
Employee count
21
Active EPFO establishments
1
Employee growth
-16%
GST
West Coast Ingots has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 30AAACW2592A1ZW | Goa | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of West Coast Ingots Private Limited, buy the company report.
Recent activity
West Coast Ingots Private Limited has 5 board changes on record since 1997: 2 appointments and 3 cessations. The latest: Sanjeev Kumar Mathiyan ceased to be Additional Director on 10 Jun 2025.
Charges
A charge with Others amounted to Rs. 5.00 Cr with Charge ID 101132792 was registered on 29 Jul 2025.
Ceased
Sanjeev Kumar Mathiyan ceased to be Additional Director.
Appointed
Anshu Mathiyan was appointed as Additional Director.
AGM
West Coast Ingots Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Ceased
Kumud Mittal ceased to be Additional Director.
Filing
West Coast Ingots Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Goa.
Charges
A charge registered on 21 Dec 2021 via Charge ID 100531776 with Axis Bank Limited was fully satisfied on 20 Dec 2023.
Charges
A charge with Axis Bank Limited amounted to Rs. 6.15 Cr with Charge ID 100531776 was registered on 21 Dec 2021.
Charges
A charge registered on 15 Jun 2020 via Charge ID 100341335 with Others was fully satisfied on 16 Nov 2021.
Charges
A charge registered on 14 Sep 2016 via Charge ID 100050854 with Others was fully satisfied on 16 Nov 2021.
Charges
A charge registered on 19 Jun 2007 via Charge ID 10062878 with Oriental Bank Of Commerce was fully satisfied on 16 Nov 2021.
Charges
A charge registered on 23 Apr 2004 via Charge ID 90065356 with Orienatal Bank Of Commerce was fully satisfied on 16 Nov 2021.
16 earlier events are in the company report.
Frequently asked questions
West Coast Ingots is an active private limited company based in Goa, India. The company works in steel manufacturing and processing, within the metals and minerals industry. It was incorporated on 23 October 1997 (29+ years old) and is registered under CIN U27106GA1997PTC002459.
West Coast Ingots has 2 current directors:
- Anshu Mathiyan - Additional Director
- Subhash Chand - Director
The latest financial statements of West Coast Ingots 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 West Coast Ingots is 30AAACW2592A1ZW, registered in Goa.
The CIN (Corporate Identification Number) of West Coast Ingots is U27106GA1997PTC002459. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
West Coast Ingots has 9 court cases on record: 8 filed by the company and 1 filed against it. 1 is pending. Most are in the high courts.
West Coast Ingots was incorporated on 23 October 1997, making it 29+ years old. It is registered with the Registrar of Companies, Goa.
The peers of West Coast Ingots by revenue are Nirlon Steel Private Limited, Green Readymade Steel Products India Private Limited, Shanti Vrat and Sons Private Limited, Bhargav Alloy Castings Private Limited, Shree Sudarshan Strips Pvt. Ltd, all in the Metals and Minerals industry (Steel), with the same principal business activity (metal and metal products).
Sanjeev Kumar Mathiyan ceased to be Additional Director on 10 Jun 2025. Anshu Mathiyan was appointed as Additional Director on 05 Jun 2025. Kumud Mittal ceased to be Additional Director on 29 Sep 2024. West Coast Ingots has 5 board changes on record in total.
Yes, West Coast Ingots is registered as a small enterprise under Udyam registration (number: UDYAM-GA-01-0006355).
West Coast Ingots can be reached through the website mohitispat.com. Its registered office is in Goa, India.
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