Zenith Foundries Private Limited
About Zenith Foundries Private Limited
Data last updated:
Zenith Foundries Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the steel manufacturing and processing segment of the metals and mining sector. It was incorporated on 06 May 2003 and has been in existence for over 23 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U27310GJ2003PTC042349. Its GSTIN is 24AAACZ1777E1ZD (Gujarat).
The company has an authorised share capital of ₹30 Lakh and a paid-up capital of ₹29.99 Lakh. It is led by directors Chandrabala Dashrathlal Patel and Hiten Ramanlal Patel.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Plot No 413/1 Phase Ivgidc Naroda, Ahmedabad, Gujarat, India – 382330.
As per the financials filed for FY 2024, the company reported a revenue of ₹48.5 Lakh, a growth of 33% compared to the previous year. For the same year it recorded a net profit of ₹24.42 Lakh (net margin 50.4%) and EBITDA of ₹35.63 Lakh (EBITDA margin 73.5%). Revenue has grown at a compounded annual rate (CAGR) of 23% over three years and 14% over five years.
As per MCA filings, the company has satisfied charges of ₹1.89 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies.
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered AddressPlot No 413/1 Phase Ivgidc Naroda, Ahmedabad, Gujarat, India – 382330
- 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
- One PDF report, delivered after checkout
Business Activity of Zenith Foundries Private Limited
The main business activity of Zenith Foundries is manufacturing. In detail, this covers metal and metal products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Zenith Foundries Private Limited FY 2025 filings available
Zenith Foundries Private Limited reported revenue of ₹48.5 Lakh (up 33% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Zenith Foundries Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 14% over five years, including 33% growth in the latest year. EBITDA rose 49% 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 of Zenith Foundries Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹35.63 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹24.42 Lakh | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Zenith Foundries Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 73.5% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 50.4% | •••• | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• | •••• |
| Liquidity and Debt | |||||
| Current Ratio | •••• | •••• | •••• | •••• | •••• |
| Quick Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• | •••• | •••• |
| Inventory Days | •••• | •••• | •••• | •••• | •••• |
| Revenue Growth | •••• | •••• | •••• | •••• | •••• |
| Net Profit Growth | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Zenith Foundries are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Zenith Foundries Private Limited
Zenith Foundries Private Limited is compared with the companies closest to it by revenue in the Metals and Minerals industry (Die Casting, Steel). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Sooraj Steel Private Ltd | ₹49.1 Lakh (FY 2025) | •••• | •••• | -11.0% | •••• | New Delhi, Delhi, India |
| Anjjani Polytech Private Limited | ₹48.94 Lakh (FY 2024) | •••• | •••• | 101.0% | •••• | New Delhi, Delhi, India |
| Mongers Steel Processing Industries Private Limited | ₹48.94 Lakh (FY 2025) | •••• | •••• | -45.0% | •••• | Ballabgarh, Haryana, India |
| Bhargava Steel Private Limited | ₹48.85 Lakh (FY 2025) | •••• | •••• | -40.0% | •••• | Koira, Odisha, India |
| Viomcy Steel Industries Private Limited | ₹48.59 Lakh (FY 2025) | •••• | •••• | -80.0% | •••• | Delhi, India |
| Zenith Foundries Private Limited this company | ₹48.5 Lakh (FY 2024) | •••• | •••• | 33.0% | •••• | Ahmedabad, Gujarat, India |
| Ics PT Components Supplies Private Limited | ₹48.46 Lakh (FY 2018) | •••• | •••• | -47.0% | •••• | Chennai, Tamil Nadu, India |
| Forever Steels Private Limited | ₹48.18 Lakh (FY 2024) | •••• | •••• | 43.0% | •••• | Delhi, India |
| Angalamman Alloys Private Limited | ₹48.05 Lakh (FY 2017) | •••• | •••• | -72.0% | •••• | Coimbatore, Tamil Nadu, India |
| Siddhivinayak Steel Indsutries Private Limited | ₹47.95 Lakh (FY 2019) | •••• | •••• | 488.0% | •••• | Mumbai, Maharashtra, India |
| Ditisha Engineering Private Limited | ₹47.76 Lakh (FY 2025) | •••• | •••• | -35.0% | •••• | Nashik, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Zenith Foundries by revenue in the Metals and Minerals industry (Die Casting, Steel), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Zenith Foundries Private Limited
Zenith Foundries Private Limited is audited by BHADRESH DIPAN & ASSOCIATES for the financial year 2020.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| BHADRESH DIPAN & ASSOCIATES | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Zenith Foundries Private Limited
Zenith Foundries has 2 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Chandrabala Dashrathlal Patel Also directs: Apex Alloy Steel Private Limited | Director | 10 Apr 2004 | 22 Years 5 Months | Current |
| Hiten Ramanlal Patel Also directs: Apex Alloy Steel Private Limited | Director | 01 Oct 2021 | 5 Years 0 Months | Current |
Ownership and Shareholding of Zenith Foundries Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Zenith Foundries Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 09 Sep 2011 | Small Industries Development Bank of India | ₹39 Lakh | Satisfied |
| 18 Jan 2005 | State Bank of Saurastra | ₹75 Lakh | Satisfied |
| 13 Jul 2004 | State Bank of Saurashtra | ₹15 Lakh | Satisfied |
| 13 Jul 2004 | State Bank of Saurastra | ₹60 Lakh | Satisfied |
Total charge records: 4 View all charges
Employees and EPFO Compliance at Zenith Foundries Private Limited
Zenith Foundries Private Limited has a workforce of 0 employees as of Apr 08, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Zenith Foundries Private Limited
Zenith Foundries Private Limited has 10 board changes on record since 2004: 2 appointments and 8 cessations. The latest: Hiten Ramanlal Patel ceased to be Additional Director on 29 Sep 2023.
9 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Zenith Foundries Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Zenith Foundries Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Zenith Foundries Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Zenith Foundries Private Limited
Zenith Foundries has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAACZ1777E1ZD | Gujarat | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Zenith Foundries Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Zenith Foundries Private Limited
Zenith Foundries is an active private limited company based in Ahmedabad, Gujarat, India. The company works in steel manufacturing and processing, within the metals and minerals industry. It was incorporated on 06 May 2003 (23+ years old) and is registered under CIN U27310GJ2003PTC042349.
Zenith Foundries reported revenue of ₹48.5 Lakh for FY 2024 (up 33% YoY).
Zenith Foundries has 2 current directors:
- Chandrabala Dashrathlal Patel - Director
- Hiten Ramanlal Patel - Director
Zenith Foundries reported a net profit of ₹24.42 Lakh (net margin 50.4%) and EBITDA of ₹35.63 Lakh (EBITDA margin 73.5%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Zenith Foundries is 23% over three years and 14% over five years. In the latest year (FY 2024) revenue rose 33%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Zenith Foundries is 24AAACZ1777E1ZD, registered in Gujarat.
The CIN (Corporate Identification Number) of Zenith Foundries is U27310GJ2003PTC042349. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Zenith Foundries was incorporated on 06 May 2003, making it 23+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Zenith Foundries by revenue are Sooraj Steel Private Ltd, Anjjani Polytech Private Limited, Mongers Steel Processing Industries Private Limited, Bhargava Steel Private Limited, Viomcy Steel Industries Private Limited and 5 more, all in the Metals and Minerals industry (Die Casting, Steel).
Hiten Ramanlal Patel ceased to be Additional Director on 29 Sep 2023. Harshaben Ramanlal Patel ceased to be Director on 10 Jul 2022. Hiten Ramanlal Patel was appointed as Director on 01 Oct 2021. Zenith Foundries has 10 board changes on record in total.
The registered office of Zenith Foundries is at Plot No 4131 Phase Ivgidc Naroda, Ahmedabad, Gujarat, India – 382330.