Almora Magnesite Limited

Produces and supplies magnesite products for steel and refractory industries.

1971 | Almora, Uttarakhand (India) | Active
Last Updated:

Almora Magnesite Profile

Key Indicators

  • Authorised Capital ₹ 5.00 Cr
  • Paid Up Capital ₹ 2.00 Cr
  • Company Age 53 Year, 8 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 6.00 Cr
  • Satisfied Charges ₹ 4.18 Cr
  • Revenue Growth 42.96%
  • Profit Growth 126.84%
  • Ebitda 428.47%
  • Net Worth 14.93%
  • Total Assets 11.08%

About Almora Magnesite

Almora Magnesite Limited (AML) was founded in India on 27 August 1971 and has a glorious history of 53 years and eight months. Its registered office is in Almora, Uttarakhand, India.

The Company is engaged in the Metals And Minerals Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 5.00 Cr and a paid-up capital of Rs 2.00 Cr.

The company currently has active open charges totaling ₹6.00 Cr. The company has closed loans amounting to ₹4.18 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Almora Magnesite Limited India is Yash Stephens as COMPANY SECRETARY. Yogesh Sharma, Madala Rao, Sunanda Sengupta, and Four other members serve as directors at the Company.

Company Details

  • Location

    Almora, Uttarakhand, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U26941UR1971PLC003453

  • Company No.

    003453

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    27 Aug 1971

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Uttarakhand

Industry

Metals and Minerals

What products or services does Almora Magnesite Limited offer?

Almora Magnesite Limited offers a wide range of products and services, including Calcined Magnesite, Processed Minerals, Calcined Magnesite Powder, Dead Burnt Magnesite, Inorganic Salts, Magnesium Oxide.

Company report

Almora Magnesite Limited

Explore comprehensive data for Almora Magnesite Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Almora Magnesite?

Executive Team (2)

NameDesignationAppointment DateStatus
Yogesh Sharma Country flag representing In Managing Director01-Jan-2014Current
Yash Stephens Country flag representing In Company Secretary20-Sep-2017Current

Board Members (6)

NameDesignationAppointment DateStatus
Madala Rao Country flag representing In Director 27-Jan-2018Current
Sunanda Sengupta Country flag representing In Director 27-Jan-2018Current
Rohit Meena Country flag representing In Additional Director 05-Aug-2021Current
Praveen Nigam Country flag representing In Additional Director 16-Aug-2022Current
Rakesh Singh Country flag representing In Additional Director 16-Aug-2022Current
Anuradha Pal Country flag representing In Additional Director 13-Dec-2022Current

Financial Performance of Almora Magnesite.

Almora Magnesite Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 42.96% increase. The company also saw a substantial improvement in profitability, with a 126.84% increase in profit. The company's net worth Soared by an impressive increase of 14.93%.

Almora Magnesite revenue growth over time
Almora Magnesite profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
42.96%
Revenue from Operations
47.43%
Total Assets
11.08%
Profit or Loss
126.84%
Net Worth
14.93%
EBITDA
428.47%

What is the Ownership and Shareholding Structure of Almora Magnesite?

In 2023, Almora Magnesite had a promoter holding of 79.99% and a public holding of 20.01%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹6.00 Cr

Satisfied Charges

₹4.18 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of India : 6.00 Cr

Latest Charge Details

DateLenderAmountStatus
09 Dec 1988State Bank Of India₹6.00 CrOpen
29 Sep 2010State Bank Of India₹3.27 MSatisfied
08 Apr 2008Srei Infrastructure Finance Limited₹2.36 MSatisfied
30 Aug 1999State Bank Of India₹1.03 MSatisfied
30 Aug 1999State Bank Of India₹4.71 MSatisfied

How Many Employees Work at Almora Magnesite?

Almora Magnesite has a workforce of 352 employees as of Oct 16, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee growth trends for Almora Magnesite Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Almora Magnesite, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Almora Magnesite's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Almora Magnesite

Recent activity within the organization

  • Annual General Meeting

    Almora Magnesite Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Balance Sheet

    Almora Magnesite Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Uttarakhand.

  • Director Appointment

    Anuradha Pal was appointed as a Additional Director was appointed as a Additional Director on 13 Dec 2022 & has been associated with this company since 2 years 5 months .

  • Director Appointment

    Praveen Nigam was appointed as a Additional Director was appointed as a Additional Director on 16 Aug 2022 & has been associated with this company since 2 years 9 months .

  • Director Appointment

    Rakesh Kumar Singh was appointed as a Additional Director was appointed as a Additional Director on 16 Aug 2022 & has been associated with this company since 2 years 9 months .

  • Charges

    A charge with State Bank Of India of Rs. 6.00 Cr registered on 09 Dec 1988 with Charge ID 90274072 was modified on 30 Jul 2022.

Frequently asked questions

  • What is the Incorporation or founding date of Almora Magnesite Limited?

    Almora Magnesite Limited was incorporated on 27 Aug 1971.

  • What is authorized share capital and paid-up capital of Almora Magnesite Limited?

    The authorized share capital of Almora Magnesite Limited is ₹ 5.00 Cr and paid-up capital is ₹ 2.00 Cr.

  • Who are the current board members & directors of Almora Magnesite Limited?

    Currently 8 directors are associated with Almora Magnesite Limited.

    • Yogesh Kumar Sharma
    • Madala Venkateswara Rao
    • Sunanda Sengupta
    • Rohit Meena
    • Praveen Nigam
    • Rakesh Kumar Singh
    • Anuradha Pal
    • Yash Stephens

  • What is the registered address of Almora Magnesite Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Almora Magnesite Limited is Magnesite House Ranidhara Road India, Almora, Uttarakhand, 263601.

  • What is the corporate identification number (CIN) and company number of Almora Magnesite Limited?

    The corporate identification number (CIN) of Almora Magnesite Limited is U26941UR1971PLC003453 and the company number is 003453 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Almora Magnesite Limited?

    The Official website of Almora Magnesite Limited is https://www.almoramagnesite.com

  • What has been the recent revenue trend for Almora Magnesite Limited?

    According to the financial reports for the fiscal year 2022, the revenue trend for Almora Magnesite Limited has risen by 42.96%.

  • How many employees does Almora Magnesite Limited currently have?

    As Per 2022 financial reports, 352 employees are currently employed by Almora Magnesite Limited.

  • What change has been observed in the net worth of Almora Magnesite Limited, and by what percentage?

    The financial reports for the fiscal year 2022 indicates that The net worth of Almora Magnesite Limited has experienced an upsurge of 14.93%.

  • What are the total open charges for Almora Magnesite Limited?

    As per the financial statements for fiscal Year 2022, The total open charges for Almora Magnesite Limited amount to ₹ 6.00 Cr.

  • When was the last Balance Sheet of Almora Magnesite Limited filed with the ROC?

    The most recent Balance Sheet for Almora Magnesite Limited was filed with the ROC on 31 Mar 2024.

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