About Zarhak Steels Private Limited
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Zarhak Steels Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the metals retail and distribution segment of the metals and mining sector. It was incorporated on 05 April 1988 and has been in existence for over 38 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U27110MH1988PTC046875. Its GSTIN is 27AAACZ0336M1Z5 (Maharashtra). The company holds 3 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹24.5 Lakh and a paid-up capital of ₹5.99 Lakh. It was formerly known as Zarhak Steels Limited. It is led by directors including Zoeb Husain Chitalwala (Whole-Time Director) and Aslam Husain Chitalwala (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 22 Nariman Bhvan 227 Nariman Point, Mumbai, Maharashtra, India – 400021.
As per the financials filed for FY 2025, the company reported a revenue of ₹401.43 Cr, a growth of 3% compared to the previous year. For the same year it recorded a net profit of ₹11.29 Cr (net margin 2.8%) and EBITDA of ₹20.21 Cr (EBITDA margin 5%). Revenue has grown at a compounded annual rate (CAGR) of 3% over three years and 16% over five years.
The company is associated with 1 brand: Zarhak Steels. As per MCA filings, the company has open charges of ₹63.77 Cr and satisfied charges of ₹22 Cr on record. Court records list 12 cases involving the company, including 9 filed by the company and 3 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website zarhak.com.
Company details
CIN history
Zarhak Steels has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U27110MH1988PTC046875, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U27110MH1988PTC046875 | Current |
| L27110MH1988PLC046875 | Previous |
| U27110MH1988PLC046875 | Previous |
Contact details
Zarhak Steels Private Limited's registered office is in Mumbai, Maharashtra. Its website is zarhak.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address22 Nariman Bhvan 227 Nariman Point, Mumbai, Maharashtra, India – 400021
- IndustryMetals and Minerals, Metal Retail & Distribution
To see the full contact details of Zarhak Steels Private 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
Brands
Zarhak Steels operates one associated brand: Zarhak Steels. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Steel trading, processing, and manufacturing services in India. | zarhak.com |
Business activity
The main business activities of Zarhak Steels are manufacturing and trade. In detail, this covers metal and metal products and wholesale trading. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products | |
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Zarhak Steels Private Limited, buy the company report.
Financials of Zarhak Steels Private Limited
FY 2024 filings availableZarhak Steels Private Limited reported revenue of ₹401.43 Cr (up 3% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 16% over five years, including 3% growth in the latest year. EBITDA fell 2% 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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| EBITDA | ₹20.21 Cr | ||||
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| Net Profit (PAT) | ₹11.29 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 5% | ||||
| Net Profit Margin | 2.8% | ||||
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To see the full financial statements and ratios of Zarhak Steels Private Limited, buy the company report.
Board of directors of Zarhak Steels Private Limited
Zarhak Steels has 4 current directors and 14 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Zoeb Husain Chitalwala | Whole-Time Director | 03 Jun 2022 | 4 Years 4 Months | Current |
| Aslam Husain Chitalwala Also directs: Inkspired Metalprint LLP | Whole-Time Director | 11 Mar 2005 | 21 Years 7 Months | Current |
| Ashraf Husain Chitalwala Also directs: Inkspired Metalprint LLP, Gmi Zarhak Moulders Private Limited | Whole-Time Director | 05 Apr 1988 | 38 Years 6 Months | Current |
| Hamza Husein Chitalwala Also directs: Inkspired Metalprint LLP | Whole-Time Director | 05 Apr 1988 | 38 Years 6 Months | Current |
Auditor
Zarhak Steels Private Limited is audited by H.H. Bandukwala & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| H.H. Bandukwala & Co. | FY 2023 | 100965W |
Shareholding
The shareholding of Zarhak Steels 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 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 Zarhak Steels Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Sep 2018 | 100211434 | The Hongkong and Shanghai Banking Corporation Limited | ₹12.5 Cr | Open | |
| 10 Mar 2015 | 10575255 | Others | ₹13.55 Cr | Open | |
| 07 Aug 2014 | 10522482 | Hdfc Bank Limited | ₹7.14 Lakh | Open | |
| 29 Jul 2010 | 10238375 | Others | ₹12 Cr | Open | |
| 06 Oct 2009 | 10187502 | Icici Bank Limited | ₹12.4 Cr | Open |
To see the full charge records of Zarhak Steels Private Limited, buy the company report.
Total charge records: 9 View all charges
Legal cases
Zarhak Steels Private Limited has 12 court cases on record: 9 filed by Zarhak Steels, 3 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 8 | 3 | 0 |
| District courts | 4 | 0 | 0 |
Cases on record (5 of 12)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Appeal | Filed against the company by Bolt Master (India) Pvt Ltd | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Civil suit | Filed by the company against M/S. Bolt Master (India) Pvt Ltd and 4 others | Disposed |
| Bombay High Court | Company petition | Filed by the company against M/S Bolt Master (India ) Pvt Ltd Cin U28910mh1992ptc069242 | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Civil suit | Filed by the company against Ms. Fotomatix India Pvt. Ltd. 2 Ors. | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Commercial suit | Filed by the company against an individual | Disposed |
To see the full case history of Zarhak 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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Zarhak Steels Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Zarhak Steels has 3 GST registrations: 1 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACZ0336M1Z5 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Zarhak Steels Private Limited, buy the company report.
Recent activity
Zarhak Steels Private Limited has 18 board changes on record since 1988: 4 appointments and 14 cessations. The latest: Zoeb Husain Chitalwala was appointed as Whole-Time Director on 03 Jun 2022.
26 earlier events are in the company report.
Frequently asked questions
Zarhak Steels is an active private limited company based in Mumbai, Maharashtra, India. The company works in metal retail and distribution, within the metals and minerals industry. It was incorporated on 05 April 1988 (38+ years old) and is registered under CIN U27110MH1988PTC046875.
Zarhak Steels has 4 current directors:
- Zoeb Husain Chitalwala - Whole-Time Director
- Aslam Husain Chitalwala - Whole-Time Director
- Ashraf Husain Chitalwala - Whole-Time Director
- Hamza Husein Chitalwala - Whole-Time Director
The latest financial statements of Zarhak Steels 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 Zarhak Steels is 27AAACZ0336M1Z5, registered in Maharashtra. The company has 3 GST registrations in all, of which 1 is active and 2 are cancelled or inactive.
The CIN (Corporate Identification Number) of Zarhak Steels is U27110MH1988PTC046875. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Zarhak Steels has 12 court cases on record: 9 filed by the company and 3 filed against it. Most are in the high courts.
Zarhak Steels was incorporated on 05 April 1988, making it 38+ years old. It is registered with the Registrar of Companies, Mumbai.
Zoeb Husain Chitalwala was appointed as Whole-Time Director on 03 Jun 2022. Zoeb Husain Chitalwala ceased to be Whole-Time Director on 19 Apr 2018. Abbas Hamza Chitalwala ceased to be Whole-Time Director on 31 Aug 2016. Zarhak Steels has 18 board changes on record in total.
Zarhak Steels can be reached through the website zarhak.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Zarhak Steels is at 22 Nariman Bhvan 227 Nariman Point, Mumbai, Maharashtra, India – 400021.