
About Western Ministil Limited
Data last updated:
Western Ministil Limited is a public limited company based in Mumbai, Maharashtra, India. It operates in the steel manufacturing and processing segment of the metals and mining sector. It was incorporated on 03 August 1972 and has been in existence for over 54 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN L33200MH1972PLC015928. Its GSTIN is 27AAACW0562C1ZP (Maharashtra). It is a listed company as per MCA records. Its shares are listed on BSE: 504998.
The company has an authorised share capital of ₹13.5 Cr and a paid-up capital of ₹6.16 Cr. It is led by directors including Prakash Baliram Shewale (Managing Director) and Manoj Chaudhary.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at Shp No. 413 Fourth Floor Cts No. 458 Disha Construction Subhash Road, E – Square Village Vile Parle (East) Mumbai – 400057 Maharashtra India, Maharashtra, India – 400057.
The net worth stands at ₹61 Lakh (up 112.7% YoY). Total assets are valued at ₹1.65 Cr (up 171.7% YoY).
As per MCA filings, the company has satisfied charges of ₹20.65 Cr on record. Court records list 25 cases involving the company, including 10 filed by the company and 15 filed against it; 1 case is 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 westernministil.com.
Company details
CIN history
Western Ministil has one previous CIN (Corporate Identification Number): L28932MH1972PLC015928. The current CIN is L33200MH1972PLC015928, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L33200MH1972PLC015928 | Current |
| L28932MH1972PLC015928 | Previous |
Contact details
Western Ministil Limited's registered office is in Mumbai, Maharashtra.
- Registered AddressShp No. 413 Fourth Floor Cts No. 458 Disha Construction Subhash Road, E – Square Village Vile Parle (East) Mumbai – 400057 Maharashtra India, Maharashtra, India – 400057
- IndustryMetals and Minerals, Steel Manufacturing & Processing
- 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 Western Ministil 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 |
Financials of Western Ministil Limited
FY 2025-26 filings availableWestern Ministil Limited reported revenue of ₹- for FY 2025-26.
Financial Highlights
FY 2025-26 · StandaloneRevenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| EBITDA | (0.27) | (0.25) | (0.16) | (0.18) | (0.13) | (0.14) | (0.15) |
| Profit before tax | (0.27) | (0.32) | (0.16) | (0.18) | (0.13) | (0.14) | (0.15) |
| Net profit | (0.27) | (0.32) | (0.16) | (0.17) | (0.13) | (0.14) | (0.16) |
| EPS (₹) | (0.44) | (1.49) | (0.75) | (0.82) | (0.61) | (0.65) | (0.75) |
| Balance sheet | |||||||
| Total assets | 1.65 | (2.30) | (2.27) | (2.30) | (2.31) | (2.30) | (2.31) |
| Net worth | 0.61 | (4.82) | (4.50) | (4.34) | (4.16) | (4.03) | (3.89) |
| Total debt | 1.03 | 2.52 | 2.24 | 2.04 | 1.86 | 1.73 | 1.58 |
| Cash & bank | 3.12 | 0.00 | 0.00 | 0.00 | 0.00 | 0.01 | 0.00 |
| Net working capital | 1.64 | (2.31) | (2.27) | (2.30) | (2.31) | (2.30) | (2.31) |
| Cash flow | |||||||
| Cash from operations | (1.10) | (0.21) | (0.20) | (0.18) | (0.13) | (0.14) | (0.15) |
| Cash from investing | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Cash from financing | 4.22 | 0.21 | 0.19 | 0.19 | 0.12 | 0.15 | 0.15 |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other income | 0.01 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total expenses | 0.06 | 0.11 | 0.10 | 0.02 | 0.05 | 0.06 | 0.11 | 0.04 |
| EBITDA | (0.06) | (0.11) | (0.10) | (0.02) | (0.05) | (0.06) | (0.11) | (0.04) |
| Depreciation | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.02 | 0.03 | 0.02 |
| Profit before tax | (0.05) | (0.11) | (0.10) | (0.02) | (0.05) | (0.08) | (0.14) | (0.06) |
| Tax | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Financial Statements
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other income | 0.01 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total expenses | 0.06 | 0.11 | 0.10 | 0.02 | 0.05 | 0.06 | 0.11 | 0.04 |
| EBITDA | (0.06) | (0.11) | (0.10) | (0.02) | (0.05) | (0.06) | (0.11) | (0.04) |
| Depreciation | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.02 | 0.03 | 0.02 |
| Profit before tax | (0.05) | (0.11) | (0.10) | (0.02) | (0.05) | (0.08) | (0.14) | (0.06) |
| Tax | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other income | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total expenses | 0.27 | 0.25 | 0.16 | 0.18 | 0.13 | 0.14 | 0.15 |
| Employee cost | 0.04 | 0.06 | 0.05 | 0.05 | 0.04 | 0.04 | 0.05 |
| EBITDA | (0.27) | (0.25) | (0.16) | (0.18) | (0.13) | (0.14) | (0.15) |
| Depreciation | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest | 0.00 | 0.07 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Profit before tax | (0.27) | (0.32) | (0.16) | (0.18) | (0.13) | (0.14) | (0.15) |
| Tax | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.01 |
| Net profit | (0.27) | (0.32) | (0.16) | (0.17) | (0.13) | (0.14) | (0.16) |
| EPS (₹) | (0.44) | (1.49) | (0.75) | (0.82) | (0.61) | (0.65) | (0.75) |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 6.16 | 2.16 | 2.16 | 2.16 | 2.16 | 2.16 | 2.16 |
| Reserves & surplus | (7.26) | (6.98) | (6.66) | (6.50) | (6.32) | (6.19) | (6.05) |
| Shareholders' funds (net worth) | 0.61 | (4.82) | (4.50) | (4.34) | (4.16) | (4.03) | (3.89) |
| Secured loans | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Unsecured loans | 1.03 | 2.52 | 2.24 | 2.04 | 1.86 | 1.73 | 1.58 |
| Total debt | 1.03 | 2.52 | 2.24 | 2.04 | 1.86 | 1.73 | 1.58 |
| Total liabilities | 1.65 | (2.30) | (2.27) | (2.30) | (2.31) | (2.30) | (2.31) |
| Assets | |||||||
| Gross block | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Net block | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Capital work in progress | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Inventories | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Sundry debtors | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Cash & bank balances | 3.12 | 0.00 | 0.00 | 0.00 | 0.00 | 0.01 | 0.00 |
| Loans & advances | 0.84 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total current assets | 3.96 | 0.00 | 0.00 | 0.00 | 0.00 | 0.01 | 0.00 |
| Total current liabilities | 2.32 | 2.31 | 2.27 | 2.30 | 2.31 | 2.31 | 2.31 |
| Net working capital | 1.64 | (2.31) | (2.27) | (2.30) | (2.31) | (2.30) | (2.31) |
| Total assets | 1.65 | (2.30) | (2.27) | (2.30) | (2.31) | (2.30) | (2.31) |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 0.00 | 0.00 | 0.00 | 0.00 | 0.01 | 0.00 | 0.00 |
| Net cash from operating activities | (1.10) | (0.21) | (0.20) | (0.18) | (0.13) | (0.14) | (0.15) |
| Net cash from investing activities | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Net cash from financing activities | 4.22 | 0.21 | 0.19 | 0.19 | 0.12 | 0.15 | 0.15 |
| Net change in cash | 3.12 | 0.00 | 0.00 | 0.00 | (0.01) | 0.01 | 0.00 |
| Closing cash | 3.12 | 0.00 | 0.00 | 0.00 | 0.00 | 0.01 | 0.00 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| EBITDA growth | -8.0% | -56.3% | +11.1% | -38.5% | +7.1% | +6.7% | - |
| PBT growth | +15.6% | -100.0% | +11.1% | -38.5% | +7.1% | +6.7% | 0.0% |
| Net income growth | +15.6% | -100.0% | +5.9% | -30.8% | +7.1% | +12.5% | - |
| EBITDA CAGR (3Y) | +14.5% | +24.4% | +4.6% | +6.3% | -6.7% | -11.2% | +7.7% |
| Profitability & leverage | |||||||
| Return on capital employed | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Return on net worth | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Debt / equity | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Long-term debt / equity | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest cover | 0.00 | -28.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Inventory turnover | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Debtors turnover | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| EPS (₹) | (0.44) | (1.49) | (0.75) | (0.82) | (0.61) | (0.65) | (0.75) |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | (1.79) | (22.37) | (20.88) | (20.13) | (19.32) | (18.70) | (18.05) |
To see the full year-wise statements and ratios of Western Ministil Limited, buy the company report.
Board of directors of Western Ministil Limited
Western Ministil has 7 current directors and 13 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Manoj Chaudhary Also directs: Mermaid Studio LLP, Dukaan Food & Hospitality Private Limited | Director | 14 Feb 2025 | 1 Years 8 Months | Current |
| Satish Ramsevak Pandey Also directs: Ecomotion Blue Leaf EV Private Limited, Etrnl24 Entertainment Private Limited, Astratmutual Private Limited and 5 more | Director | 14 Feb 2025 | 1 Years 8 Months | Current |
| Gayatridevi Devishankar Pandey Also directs: Oasis Tradelink Limited | Director | 11 Oct 2024 | 2 Years 1 Months | Current |
| Prakash Baliram Shewale | Managing Director | 04 Mar 2025 | 1 Years 8 Months | Current |
| Kalpesh Naginbhai Patel Also directs: Micron Calcite Private Limited | Director | 09 Feb 2026 | 0 Years 9 Months | Current |
| Vandana Kalpesh Patel | Director | 09 Feb 2026 | 0 Years 9 Months | Current |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 19 Jun 1990 | 90239516 | Dena Bank | ₹14.75 Cr | Satisfied | |
| 10 Feb 1990 | 90239471 | Industrial Development Bank of India | ₹1 Cr | Satisfied | |
| 11 Apr 1988 | 90239294 | Icici Limited | ₹45 Lakh | Satisfied | |
| 06 Dec 1985 | 90239117 | Dena Bank | ₹3.89 Cr | Satisfied | |
| 30 Jan 1985 | 90239065 | Dena Bank | ₹13.22 Lakh | Satisfied |
To see the full charge records of Western Ministil Limited, buy the company report.
Total charge records: 8 View all charges
Legal cases
Western Ministil Limited has 25 court cases on record: 10 filed by Western Ministil, 15 filed against it. 1 case is pending and 24 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 14 | 9 | 1 |
| District courts | 4 | 1 | 0 |
| Supreme Court | 4 | 2 | 0 |
| NCLAT | 2 | 2 | 0 |
| NCLT | 1 | 1 | 0 |
Cases on record (5 of 25)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Writ petition | Filed by the company against The Bank of Rajasthan Ltd. and 3 Ors. | Pending |
| NCLAT, NCLAT New Delhi | Company appeal | Filed against the company by Servo Packaging Limited and 4 others | Disposed |
| NCLAT, NCLAT New Delhi | Interim or miscellaneous application | Filed against the company by Servo Packaging Limited and 4 others | Disposed |
| NCLT, Chennai | Court case (COMP.APPL) | Filed against the company by 3A Capital Services Limited and 104 others | Disposed |
| Bombay High Court | Writ petition | Filed by the company against Bank of Rajasthan and Ors. | Disposed |
To see the full case history of Western Ministil 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 Western Ministil Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Western Ministil has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACW0562C1ZP | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Western Ministil Limited, buy the company report.
Recent activity
Western Ministil Limited has 19 board changes on record since 2008: 8 appointments and 11 cessations. The latest: Hiralben Mehulsinh Gohil was appointed as Director on 20 Mar 2026.
30 earlier events are in the company report.
Frequently asked questions
Western Ministil is an active public limited company based in Mumbai, Maharashtra, India. The company works in steel manufacturing and processing, within the metals and minerals industry. It was incorporated on 03 August 1972 (54+ years old) and is registered under CIN L33200MH1972PLC015928. Listed on BSE: 504998.
Western Ministil has 7 current directors:
- Prakash Baliram Shewale - Managing Director
- Manoj Chaudhary - Director
- Satish Ramsevak Pandey - Director
- Gayatridevi Devishankar Pandey - Director
- Kalpesh Naginbhai Patel - Director
- Vandana Kalpesh Patel - Director
- Hiralben Mehulsinh Gohil - Director
The latest financial statements of Western Ministil on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Western Ministil is 27AAACW0562C1ZP, registered in Maharashtra.
The CIN (Corporate Identification Number) of Western Ministil is L33200MH1972PLC015928. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. Western Ministil is a listed company as per MCA records. Its shares are listed on BSE (code: 504998).
Western Ministil has 25 court cases on record: 10 filed by the company and 15 filed against it. 1 is pending. Most are in the high courts.
Western Ministil was incorporated on 03 August 1972, making it 54+ years old. It is registered with the Registrar of Companies, Mumbai.
Hiralben Mehulsinh Gohil was appointed as Director on 20 Mar 2026. Kalpesh Naginbhai Patel was appointed as Director on 09 Feb 2026. Vandana Kalpesh Patel was appointed as Director on 09 Feb 2026. Western Ministil has 19 board changes on record in total.
Western Ministil can be reached through the website westernministil.com. Its registered office is in Mumbai, Maharashtra, India.

