Almora Magnesite Limited Company Logo

Almora Magnesite Limited - Company Profile

It is a metals and minerals public limited company based in Almora, Uttarakhand, India, established in 1971.

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

About Almora Magnesite Limited

Almora Magnesite Limited, a active public limited company, was established on 27 August 1971 in Almora, Uttarakhand, India. Engaging in other metals & minerals within the manufacturing sector, it holds CIN: U26941UR1971PLC003453. Registered under ROC Roc Uttarakhand. it is unlisted. It has an authorized capital of ₹5.00 Cr and a paid-up capital of ₹2.00 Cr.

It upholds a compliant status. Employing 352 professional, Its leadership includes Praveen Nigam (Additional Director), Tarapada Dash (Director), Rakesh Kumar Singh (Additional Director). Past directors included Rajesh Kumar Purwar, Raju Subbiah, Sudhir Kumar Gulati. It holds ₹6.00 Cr open charges and ₹4.18 Cr settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at Magnesite House Ranidhara Road, Almora, Uttarakhand, 263601.

Company Details

  • CIN/LLPIN

    U26941UR1971PLC003453

  • Registration Number

    003453

  • Incorporation Date

    27 August 1971

  • Authorized Capital

    ₹5.00 Cr

  • Paid-Up Capital

    ₹2.00 Cr

  • ROC Code

    Roc Uttarakhand

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Indicators

  • Authorised Capital ₹ 5.00 Cr
  • Paid Up Capital ₹ 2.00 Cr
  • Company Age 54 Year, 4 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%
Company report

Almora Magnesite Limited

Company Report FY 2025-2026

Explore comprehensive insights into Almora Magnesite Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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

Current Directors

NameDesignationAppointment DateStatus
Praveen NigamAdditional Director16 Aug 2022Current
Tarapada DashDirector30 Sep 2024Current
Rakesh Kumar SinghAdditional Director16 Aug 2022Current
Yogesh Kumar SharmaManaging Director01 Jan 2014Current
Bhagaban ParidaDirector30 Sep 2024Current
Kanhu Charan PradhanDirector30 Sep 2024Current

Past Directors

NameDesignationCessationStatus
Pramod AbcsddDirector26 Apr 2020Past
Pramod AbcsddNominee Director02 Jun 2010Past
Pramod AbcsddAdditional Director27 Dec 2013Past
Pramod AbcsddNominee Director13 Jun 2012Past
Pramod AbcsddDirector12 Jul 2013Past
Pramod AbcsddDirector27 Jan 2018Past

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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.

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Charges (Loans)

Open Charges

₹60,000,000.00

Satisfied Charges

₹41,772,999.00

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₹4.71 MSatisfied
30 Aug 1999State Bank Of India₹1.03 MSatisfied

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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

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

  • Director Appointment

    Tarapada Dash was appointed as a Director was appointed as a Director on 30 Sep 2024 & has been associated with this company since 1 year 3 months . was recorded as a recent event.

  • Director Appointment

    Progress on Bhagaban Parida was appointed as a Director was appointed as a Director on 30 Sep 2024 & has been associated with this company since 1 year 3 months . was documented.

  • Director Appointment

    Kanhu Charan Pradhan was appointed as a Director was appointed as a Director on 30 Sep 2024 & has been associated with this company since 1 year 3 months . was recorded as a recent event.

  • Balance Sheet

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

  • Director Appointment

    Progress on 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 3 years 4 months . was documented.

Frequently Asked Questions

  • What is the CIN of Almora Magnesite Limited?

    The CIN of Almora Magnesite Limited is U26941UR1971PLC003453.

  • Where is Almora Magnesite Limited headquartered?

    Almora Magnesite Limited is headquartered at Magnesite House Ranidhara Road, Almora, Uttarakhand, 263601.

  • When was Almora Magnesite Limited incorporated?

    Almora Magnesite Limited was incorporated on 27 August 1971.

  • Who are the current directors of Almora Magnesite Limited?

    The current directors of Almora Magnesite Limited are

  • What is the primary industry of Almora Magnesite Limited?

    The primary industry of Almora Magnesite Limited is Manufacturing.

  • Is Almora Magnesite Limited a listed company?

    Almora Magnesite Limited is unlisted.

  • What is the capital structure of Almora Magnesite Limited?

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

  • What is the compliance status of Almora Magnesite Limited?

    The compliance status of Almora Magnesite Limited is Compliant.

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