Maithan Ceramic Ltd

Manufacturer and supplier of refractory bricks and materials for steel industry.

1963 | Kolkata, West Bengal (India) | Active
Last Updated: December 27, 2024

Maithan Ceramic Profile

Key Indicators

  • Authorised Capital ₹ 29.50 Cr
  • Paid Up Capital ₹ 29.36 Cr
  • Company Age 62 Year, 16 Days
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 213.80 Cr
  • Satisfied Charges ₹ 101.60 Cr
  • Revenue Growth 98.08%
  • Profit Growth 1342.64%
  • Ebitda 178.95%
  • Net Worth 18.44%
  • Total Assets 80.81%

About Maithan Ceramic

Maithan Ceramic Ltd (MCL) was founded in India on 06 February 1963 and has a glorious history of 62 years . Its registered office is in Kolkata, West Bengal, India.

The Company is engaged in the Manufacturing 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 29.50 Cr and a paid-up capital of Rs 29.36 Cr.

The company currently has active open charges totaling ₹213.80 Cr. The company has closed loans amounting to ₹101.60 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Maithan Ceramic Ltd India are Raj Bairoliya as CFO and Ashok Sipani as Company Secretary. Vishal Agarwalla, Aditya Agarwalla, Jagdish Agarwalla, and Three other members serve as directors at the Company.

Company Details

  • Location

    Kolkata, West Bengal, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    maithanceramic.in

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U26919WB1963PLC025751

  • Company No.

    025751

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    06 Feb 1963

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Kolkata

Industry

Manufacturing

What products or services does Maithan Ceramic Ltd offer?

Maithan Ceramic Ltd offers a wide range of products and services, including Bricks & Construction Aggregates, Fire Bricks.

Who are the key members and board of directors at Maithan Ceramic?

Executive Team (3)

NameDesignationAppointment DateStatus
Vishal Agarwalla Country flag representing In Managing Director04-May-1994Current
Raj Bairoliya CFO30-Sep-2021Current
Ashok Sipani Country flag representing In Company Secretary14-Jul-2015Current

Board Members (5)

NameDesignationAppointment DateStatus
Aditya Agarwalla Country flag representing In Whole-Time Director 01-Aug-2003Current
Jagdish Agarwalla Country flag representing In Director 02-Aug-2021Current
Ajay Sharma Country flag representing In Whole-Time Director 01-Apr-2017Current
Mandeep Jaiswal Country flag representing In Director 30-Sep-2023Current
Ayushi Khaitan Country flag representing In Director 30-Sep-2023Current

Financial Performance of Maithan Ceramic.

Maithan Ceramic Ltd, for the financial year ended 2022, experienced significant growth in revenue, with a 98.08% increase. The company also saw a substantial improvement in profitability, with a 1342.64% increase in profit. The company's net worth Soared by an impressive increase of 18.44%.

Graph illustrating revenue growth over time
Graph showing 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
98.08%
Revenue from Operations
98.55%
Total Assets
80.81%
Profit or Loss
1342.64%
Net Worth
18.44%
EBITDA
178.95%

What is the Ownership and Shareholding Structure of Maithan Ceramic?

In 2021, Maithan Ceramic had a promoter holding of 8.04% and a public holding of 91.96%. The company had 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹213.80 Cr

Satisfied Charges

₹101.60 Cr

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 148.80 Cr
  • Yes Bank Limited : 65.00 Cr

Latest Charge Details

DateLenderAmountStatus
24 May 2022Yes Bank Limited₹65.00 CrOpen
11 Jun 2021Axis Bank Limited₹148.80 CrOpen
12 Nov 2021Axis Bank Limited₹12.00 CrSatisfied
11 Feb 2004State Bank Of India₹89.60 CrSatisfied

How Many Employees Work at Maithan Ceramic?

Maithan Ceramic has a workforce of 406 employees as of Apr 02, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Maithan Ceramic, 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 Maithan Ceramic'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 Maithan Ceramic

Recent activity within the organization

  • Annual General Meeting

    Maithan Ceramic Ltd last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Maithan Ceramic Ltd has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Kolkata.

    31 Mar 2024

  • Director Appointment

    Mandeep Kaur Jaiswal was appointed as a Director was appointed as a Director on 30 Sep 2023 & has been associated with this company since 1 year 4 months .

    30 Sep 2023

  • Director Appointment

    Ayushi Khaitan was appointed as a Director was appointed as a Director on 30 Sep 2023 & has been associated with this company since 1 year 4 months .

    30 Sep 2023

  • Charges

    A charge with Axis Bank Limited of Rs. 148.80 Cr registered on 11 Jun 2021 with Charge ID 100454137 was modified on 06 Mar 2023.

    06 Mar 2023

  • Charges

    A charge with Yes Bank Limited of Rs. 65.00 Cr registered on 24 May 2022 with Charge ID 100580022 was modified on 03 Mar 2023.

    03 Mar 2023

Frequently asked questions

  • Maithan Ceramic Ltd was incorporated on 06 Feb 1963.

  • The authorized share capital of Maithan Ceramic Ltd is ₹ 29.50 Cr and paid-up capital is ₹ 29.36 Cr.

  • Currently 8 directors are associated with Maithan Ceramic Ltd.

    • Vishal Agarwalla
    • Aditya Agarwalla
    • Jagdish Prasad Agarwalla
    • Ajay Sharma
    • Mandeep Kaur Jaiswal
    • Ayushi Khaitan
    • Raj Kumar Bairoliya
    • Ashok Kumar Sipani
  • As per Ministry of Corporate Affairs (Mca), the registered address of Maithan Ceramic Ltd is 9, A J C Bose Road 6Th Floor India, Kolkata, West Bengal, 700017.

  • The corporate identification number (CIN) of Maithan Ceramic Ltd is U26919WB1963PLC025751 and the company number is 025751 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Maithan Ceramic Ltd is https://www.maithanceramic.in

  • According to the financial reports for the fiscal year 2022, the revenue trend for Maithan Ceramic Ltd has risen by 98.08%.

  • As Per 2022 financial reports, 406 employees are currently employed by Maithan Ceramic Ltd.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Maithan Ceramic Ltd has experienced an upsurge of 18.44%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Maithan Ceramic Ltd amount to ₹ 213.80 Cr.

  • The most recent Balance Sheet for Maithan Ceramic Ltd was filed with the ROC on 31 Mar 2024.

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