MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MH-19-0027352
Yasika Steels Private Limited - metals and minerals in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2023
₹43.95 Lakh
▼ 61% YoY
Net loss · FY 2023
₹1.14 Cr
Net margin -259.2%
EBITDA · FY 2023
₹26.83 Lakh
EBITDA margin 61%
Authorised capital
₹1.5 Cr
Registered with MCA
Paid-up capital
₹1.5 Cr
Issued & subscribed
Open charges
₹9.94 Cr
Secured borrowings
Company age
21 yrs
Est. 2005
Directors on board
2
As per MCA filings
About Yasika Steels Private Limited
Data last updated:
Yasika Steels Private Limited is a private 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 24 August 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U51420MH2005PTC155582. Its GSTIN is 27AAACY2914J1Z8 (Maharashtra). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹1.5 Cr and a paid-up capital of ₹1.5 Cr. It is led by directors Viral Rameshchandra Malaviya and Poonam Viral Malaviya.
Its last annual general meeting (AGM) was held on 30 October 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at Shop No2A Mahavir Darshan Khambatta Lane Khetwadi Back Rd, Mumbai, Maharashtra, India – 400004.
As per the financials filed for FY 2023, the company reported a revenue of ₹43.95 Lakh, a decline of 61% compared to the previous year. For the same year it recorded a net loss of ₹1.14 Cr (net margin -259.2%) and EBITDA of ₹26.83 Lakh (EBITDA margin 61%). Revenue has declined at a compounded annual rate (CAGR) of 22% over three years and 45% over five years.
As per MCA filings, the company has open charges of ₹9.94 Cr on record. Court records list 6 cases involving the company, including 2 filed by the company and 4 filed against it.
Yasika Steels Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0027352). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website yasikasteels.com.
Company details
CIN U51420MH2005PTC155582
Registration Number 155582
Incorporation Date 24 August 2005
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 October 2023
Date of Balance Sheet 31 March 2023
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-MH-19-0027352
Recognitions & Rankings of Yasika Steels
Contact details
Yasika Steels Private Limited's registered office is in Mumbai, Maharashtra. Its website is yasikasteels.com. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressShop No2A Mahavir Darshan Khambatta Lane Khetwadi Back Rd, Mumbai, Maharashtra, India – 400004
- IndustryMetals and Minerals, Steel Manufacturing & Processing
To see the full contact details of Yasika Steels Private Limited, buy the company report.
Comprehensive company report
Yasika Steels 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 Yasika Steels 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 Yasika Steels Private Limited, buy the company report.
Financials of Yasika Steels Private Limited
FY 2023 filings availableYasika Steels Private Limited reported revenue of ₹43.95 Lakh (down 61% YoY) for FY 2023.
Revenue · FY 2023
₹43.95 Lakh ▼ 61%
Net loss · FY 2023
₹1.14 Cr margin -259.2%
EBITDA · FY 2023
₹26.83 Lakh margin 61%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 61%
3 years · compounded
▼ 22%
5 years · compounded
▼ 45%
EBITDA CAGR growth
1 year
▲ 35%
3 years · compounded
▲ 26%
5 years · compounded
▲ 20%
Revenue has declined at a compounded annual rate (CAGR) of 45% over five years, including a 61% fall in the latest year. EBITDA rose 35% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
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| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹26.83 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹1.14 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
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| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 61% | ||||
| Net Profit Margin | -259.2% | ||||
| 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 Yasika Steels Private Limited, buy the company report.
Board of directors of Yasika Steels Private Limited
Yasika Steels has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Viral Rameshchandra Malaviya | Director | 24 Aug 2005 | 21 Years 2 Months | Current |
| Poonam Viral Malaviya | Director | 24 Aug 2005 | 21 Years 2 Months | Current |
Peer comparison
Yasika Steels Private Limited is compared with the 6 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 |
|---|---|---|---|---|---|---|
| Cygnet Projects Private Limited | ₹44.3 Lakh (FY 2025) | 202.0% | New Delhi, Delhi, India | |||
| Cosmic Aluminium Wires Private Limited | ₹44.2 Lakh (FY 2024) | -4.0% | New Delhi, Delhi, India | |||
| Ravian Engineers (India) Pvt. Ltd | ₹44.11 Lakh (FY 2024) | -4.0% | Mulshi, Maharashtra, India | |||
| Yasika Steels Private Limitedthis company | ₹43.95 Lakh (FY 2023) | -₹1.14 Cr | -259.2% | -61.0% | Mumbai, Maharashtra, India | |
| Hyper Steel Casting Pvt Ltd | ₹43.7 Lakh (FY 2025) | 8.0% | Kolkata, West Bengal, India | |||
| Tec Engineers Pvt Ltd | ₹43.32 Lakh (FY 2025) | 12.0% | Hyderabad, Telangana, India | |||
| Swastik Techno-Craft Private Limited | ₹43.06 Lakh (FY 2025) | -13.0% | Rajkot, Gujarat, India |
To see the full peer comparison of Yasika Steels Private Limited, buy the company report.
Auditor
Yasika Steels Private Limited is audited by PRACHETA DESHMUKH & ASSOCIATES for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PRACHETA DESHMUKH & ASSOCIATES | FY 2020 | 135471W |
Shareholding
The shareholding of Yasika Steels Private Limited is on record for 5 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Yasika Steels Private Limited, buy the company report.
Charges & borrowings
Open charges
₹9.94 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Sep 2014 | 10550918 | Oriental Bank of Commerce | ₹1.51 Cr | Open | |
| 30 Sep 2014 | 10550938 | Oriental Bank of Commerce | ₹4.75 Cr | Open | |
| 23 Jan 2013 | 10403437 | Oriental Bank of Commerce | ₹68 Lakh | Open | |
| 18 Sep 2010 | 10243928 | Oriental Bank of Commerce | ₹3 Cr | Open |
To see the full charge records of Yasika Steels Private Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
Yasika Steels Private Limited has 6 court cases on record: 2 filed by Yasika Steels, 4 filed against it. All cases are disposed.
Total cases
6
Filed by the company
2
Filed against the company
4
Disposed
6
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 3 | 0 |
| High courts | 2 | 1 | 0 |
Cases on record (5 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai City Civil Court, Maharashtra | Civil suit | Filed by the company against Ultratech Suspensions Pvt Ltd | Disposed |
| Bombay High Court | Company petition | Filed by the company against M/S. Ultra Tech Suspensions Pvt. Ltd. ---- Cin - U27104mh2005ptc151532 | Disposed |
| Bombay High Court | Tax appeal | Filed against the company by Pr.Commissioner of Income Tax-5 | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summons Cases SS) | Filed against the company by M/S Steel Resources | Disposed |
| District court, Thane, Maharashtra | Civil suit | Filed against the company by an individual | Disposed |
To see the full case history of Yasika Steels 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.
Credit ratings & regulatory alerts
Yasika Steels Private Limited was last rated by Crisil on 17 Dec 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 17 Dec 2020 |
To see the full credit ratings and regulatory alerts of Yasika Steels Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Yasika Steels Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Yasika Steels has 2 GST registrations: 1 active and 1 cancelled or inactive.
Total GSTINs
2
Active
1
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACY2914J1Z8 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Yasika Steels Private Limited, buy the company report.
Recent activity
Yasika Steels Private Limited has 3 board changes on record since 2005: 2 appointments and 1 cessation. The latest: Bharti Rameshchandra Malaviya ceased to be Director on 25 Jul 2017.
AGM
Yasika Steels Private Limited last Annual general meeting of members was held on 30 Oct 2023 as per latest MCA records.
Filing
Yasika Steels Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.
Ceased
Bharti Rameshchandra Malaviya ceased to be Director.
Charges
A charge with Oriental Bank Of Commerce of Rs. 1.51 Cr registered on 30 Sep 2014 with Charge ID 10550918 was modified on 30 Dec 2014.
Charges
A charge with Oriental Bank Of Commerce of Rs. 4.75 Cr registered on 30 Sep 2014 with Charge ID 10550938 was modified on 30 Dec 2014.
Charges
A charge with Oriental Bank Of Commerce of Rs. 0.68 Cr registered on 23 Jan 2013 with Charge ID 10403437 was modified on 30 Dec 2014.
Charges
A charge with Oriental Bank Of Commerce of Rs. 3.00 Cr registered on 18 Sep 2010 with Charge ID 10243928 was modified on 30 Dec 2014.
Charges
A charge with Oriental Bank Of Commerce amounted to Rs. 1.51 Cr with Charge ID 10550918 was registered on 30 Sep 2014.
Charges
A charge with Oriental Bank Of Commerce amounted to Rs. 4.75 Cr with Charge ID 10550938 was registered on 30 Sep 2014.
Charges
A charge with Oriental Bank Of Commerce amounted to Rs. 0.68 Cr with Charge ID 10403437 was registered on 23 Jan 2013.
Charges
A charge with Oriental Bank Of Commerce amounted to Rs. 3.00 Cr with Charge ID 10243928 was registered on 18 Sep 2010.
Appointed
Poonam Viral Malaviya was appointed as Director.
2 earlier events are in the company report.
Frequently asked questions
Yasika Steels is an active private 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 24 August 2005 (21+ years old) and is registered under CIN U51420MH2005PTC155582.
Yasika Steels has 2 current directors:
- Viral Rameshchandra Malaviya - Director
- Poonam Viral Malaviya - Director
The latest financial statements of Yasika Steels on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 October 2023. Year-wise statements from 2015 are in the company report.
The GSTIN of Yasika Steels is 27AAACY2914J1Z8, registered in Maharashtra. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Yasika Steels is U51420MH2005PTC155582. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yasika Steels has 6 court cases on record: 2 filed by the company and 4 filed against it. Most are in the district courts.
Yasika Steels was incorporated on 24 August 2005, making it 21+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Yasika Steels by revenue are Cygnet Projects Private Limited, Cosmic Aluminium Wires Private Limited, Ravian Engineers (India) Pvt. Ltd, Hyper Steel Casting Pvt Ltd, Tec Engineers Pvt Ltd and 1 more, all in the Metals and Minerals industry (Steel), with the same principal business activity (metal and metal products).
Bharti Rameshchandra Malaviya ceased to be Director on 25 Jul 2017. Poonam Viral Malaviya was appointed as Director on 24 Aug 2005. Viral Rameshchandra Malaviya was appointed as Director on 24 Aug 2005.
Yes, Yasika Steels is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-19-0027352).
Yasika Steels can be reached through the website yasikasteels.com. Its registered office is in Mumbai, Maharashtra, India.
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