About White Metals Limited
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White Metals Limited is a public limited company based in New Delhi, Delhi, India. It operates in the metal manufacturing and processing segment of the metals and mining sector. It was incorporated on 13 November 1987 and has been in existence for over 39 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U28111DL1987PLC029767. Its GSTIN is 09AAACM1225E2ZY (Uttar Pradesh). The company holds 4 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹50 Cr and a paid-up capital of ₹24.41 Cr. It was formerly known as Midi Extrusions Private Limited and Midi Extrusions Limited. It is led by directors including Rakesh Kapoor (Managing Director) and Abhishek Arora.
Its last annual general meeting (AGM) was held on 05 April 2023, and its latest financial statements are for the year ended 31 March 2022. The registered office is at 136 – A Ground Floor, Dda Flat Pocket – 12, New Delhi, Delhi, India – 110025.
As per the financials filed for FY 2022, the company reported a revenue of ₹1.07 Lakh, a growth of 4% compared to the previous year. For the same year it recorded a net loss of ₹44.59 Cr and EBITDA of -₹44.41 Cr. Revenue has declined at a compounded annual rate (CAGR) of 93% over three years and 83% over five years.
The company has about 168 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹281.24 Cr and satisfied charges of ₹230.37 Cr on record. Court records list 76 cases involving the company, including 33 filed by the company and 43 filed against it; 28 cases are pending.
The current compliance status is marked as active non-compliant by the Registrar of Companies. For more details, the company can be reached via its website whitemetals.in.
Company details
Name history
White Metals has undergone 2 name changes throughout its history. The company was previously known as Midi Extrusions Private Limited, and Midi Extrusions Limited. The current legal name is White Metals Limited.
| Company Name | Status |
|---|---|
| White Metals Limited | Current |
| Midi Extrusions Private Limited | Previous |
| Midi Extrusions Limited | Previous |
Contact details
White Metals Limited's registered office is in New Delhi, Delhi. Its website is whitemetals.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address136 – A Ground Floor, Dda Flat Pocket – 12, New Delhi, Delhi, India – 110025
- IndustryMetals and Minerals, Metal Manufacturing & Processing
To see the full contact details of White Metals 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
Financials of White Metals Limited
FY 2022 filings availableWhite Metals Limited reported revenue of ₹1.07 Lakh (up 4% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue rose 4% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 83%. 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹1.07 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹44.41 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹44.59 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 | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
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| Total Assets | |||||
Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | |||||
| Net Profit Margin | |||||
| 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 White Metals Limited, buy the company report.
Board of directors of White Metals Limited
White Metals has 3 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rakesh Kapoor Also directs: Kiranjit Manufacturing Private Limited | Managing Director | 12 Apr 2007 | 19 Years 6 Months | Current |
| Abhishek Arora Also directs: Aov International LLP, Indo Pumps Private Limited, Instromedix (India) Private Limited and 5 more | Director | 21 Nov 2023 | 2 Years 11 Months | Current |
| Vinay Kapoor Also directs: Aov International LLP, Indo Pumps Private Limited, Instromedix (India) Private Limited and 1 more | Director | 21 Nov 2023 | 2 Years 11 Months | Current |
Peer comparison
White Metals Limited is compared with the 4 companies closest to it by revenue in the Metals and Minerals industry (Metals), 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 |
|---|---|---|---|---|---|---|
| Tolasariya Metals Udyog Private Limited | ₹1.12 Lakh (FY 2024) | 3049.0% | Hyderabad, Telangana, India | |||
| RRSP Alloys India Private Limited | ₹1.1 Lakh (FY 2025) | -99.0% | Jagadhri, Haryana, India | |||
| White Metals Limitedthis company | ₹1.07 Lakh (FY 2022) | -₹44.59 Cr | 4.0% | 168 | New Delhi, Delhi, India | |
| Lotus Aluminium Private Limited | ₹1.03 Lakh (FY 2016) | -97.0% | Secunderabad, Telangana, India | |||
| Prime Alloy Steels Private Limited | ₹1.03 Lakh (FY 2024) | 20.0% | Gaya, Bihar, India |
To see the full peer comparison of White Metals Limited, buy the company report.
Auditor
White Metals Limited is audited by ANEESH KHANNA & CO. for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ANEESH KHANNA & CO. | FY 2022 | 025143N |
Shareholding
The shareholding of White Metals 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 White Metals Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 20 Aug 2011 | 10311132 | Punjab National Bank | ₹1.2 Cr | Open | |
| 31 Mar 2010 | 10216947 | Indian Overseas Bank | ₹5 Cr | Open | |
| 14 Mar 2008 | 10099348 | Punjab National Bank | ₹4 Cr | Open | |
| 26 Feb 2008 | 10099347 | Punjab National Bank | ₹1.1 Cr | Open | |
| 09 Oct 2006 | 10023590 | Indian Overseas Bank | ₹1.5 Cr | Open |
To see the full charge records of White Metals Limited, buy the company report.
Total charge records: 43 View all charges
Legal cases
White Metals Limited has 76 court cases on record: 33 filed by White Metals, 43 filed against it. 28 cases are pending and 48 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 30 | 27 | 24 |
| High courts | 28 | 6 | 1 |
| Supreme Court | 15 | 7 | 2 |
| NCLAT | 2 | 2 | 1 |
| NCLT | 1 | 1 | 0 |
Cases on record (5 of 76)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, South, Delhi | Criminal case | Filed against the company by J.P Engineers Private Limited | Pending |
| Supreme Court | Court case (1006-Company Law, Mrtp, Trai, Sebi, Idrai & Rbi : Others) | Filed against the company by Yajur International Pvt. Ltd Director 9009-9012, First Floor, D.B. Gupta Road, Paharganj ,New Delhi , Delhi | Disposed |
| District court, Central, Delhi | Interim or miscellaneous application | Filed against the company by Asset Reconstruction Company (India) Limited | Disposed |
| High Court of Delhi | Writ petition | Filed by the company against Asset Reconstruction Company (India) Ltd. and Anr. | Disposed |
| High Court of Delhi | Court case (FAO(OS)) | Filed against the company by Hindalco Industries Limited | Disposed |
To see the full case history of White Metals 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 White Metals Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
White Metals Limited has a workforce of 168 employees on its EPFO records as of Apr 02, 2024, across 1 active EPFO establishment.
GST
White Metals has 4 GST registrations: 1 active and 3 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 09AAACM1225E2ZY | Uttar Pradesh | Active | 01 Apr 2022 |
To see the full GST registrations and return filing status of White Metals Limited, buy the company report.
Recent activity
White Metals Limited has 9 board changes on record since 2007: 3 appointments and 6 cessations. The latest: Om Prakash Arora ceased to be Director on 31 Mar 2025.
96 earlier events are in the company report.
Frequently asked questions
White Metals is an active public limited company based in New Delhi, Delhi, India. The company works in metal manufacturing and processing, within the metals and minerals industry. It was incorporated on 13 November 1987 (39+ years old) and is registered under CIN U28111DL1987PLC029767.
White Metals has 3 current directors:
- Rakesh Kapoor - Managing Director
- Abhishek Arora - Director
- Vinay Kapoor - Director
The latest financial statements of White Metals on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 05 April 2023. Year-wise statements from 2015 are in the company report.
The GSTIN of White Metals is 09AAACM1225E2ZY, registered in Uttar Pradesh. The company has 4 GST registrations in all, of which 1 is active and 3 are cancelled or inactive.
The CIN (Corporate Identification Number) of White Metals is U28111DL1987PLC029767. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
White Metals has 76 court cases on record: 33 filed by the company and 43 filed against it. 28 are pending. Most are in the district courts.
White Metals was incorporated on 13 November 1987, making it 39+ years old. It is registered with the Registrar of Companies, Delhi.
The peers of White Metals by revenue are Tolasariya Metals Udyog Private Limited, RRSP Alloys India Private Limited, Lotus Aluminium Private Limited, Prime Alloy Steels Private Limited, all in the Metals and Minerals industry (Metals), with the same principal business activity (metal and metal products).
Om Prakash Arora ceased to be Director on 31 Mar 2025. Abhishek Arora was appointed as Director on 21 Nov 2023. Ranjit Kumar Kapoor ceased to be Director on 21 Nov 2023. White Metals has 9 board changes on record in total.
White Metals can be reached through the website whitemetals.in. Its registered office is in New Delhi, Delhi, India.
The registered office of White Metals is at 136 – A Ground Floor, Dda Flat Pocket – 12, New Delhi, Delhi, India – 110025.