Metcut Toolings Private Limited.

Manufacturer of carbide cutting tools for automotive industry, including end mills, drills, and reamers.

1989 | Dharwad, Karnataka (India) | Active
Last Updated:

Metcut Toolings Profile

Key Indicators

  • Authorised Capital ₹ 4.00 Cr
  • Paid Up Capital ₹ 2.96 Cr
  • Company Age 35 Year, 6 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 6.10 Cr
  • Satisfied Charges ₹ 4.70 M
  • Revenue Growth 28.38%
  • Profit Growth 18.63%
  • Ebitda 127.63%
  • Net Worth -31.90%
  • Total Assets -6.61%

About Metcut Toolings

Metcut Toolings Private Limited. (MTPL) is a Private Limited Indian Non-Government Company incorporated in India on 10 August 1989 and has a history of 35 years and six months. Its registered office is in Dharwad, Karnataka, India.

The Company is engaged in the Machinery And Equipment 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 4.00 Cr and a paid-up capital of Rs 2.96 Cr.

The company currently has active open charges totaling ₹6.10 Cr. The company has closed loans amounting to ₹4.70 M, as per Ministry of Corporate Affairs (MCA) records.

Sudhir Shetty, Sarita Mada, Sunil Shetty, and One other member serve as directors at the Company.

Company Details

  • Location

    Dharwad, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    metcutindia.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U85110KA1989PTC010303

  • Company No.

    010303

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    10 Aug 1989

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Machinery and Equipment

What products or services does Metcut Toolings Private Limited. offer?

Metcut Toolings Private Limited. offers a wide range of products and services, including Cutting Tools & Milling Cutter, Cutting Tools, Reamers, Brazed Tools, Carbide Milling Cutters, Drilling Bits, Collets and Chucks, Carbide Drills, HSS Milling Cutters, Form Milling Cutters.

Who are the key members and board of directors at Metcut Toolings?

Executive Team (1)

NameDesignationAppointment DateStatus
Kushala Shetty Country flag representing In Managing Director10-Aug-1989Current

Board Members (3)

NameDesignationAppointment DateStatus
Sudhir Shetty Country flag representing In Whole-Time Director 01-Apr-2005Current
Sarita Mada Country flag representing In Director 01-Apr-2005Current
Sunil Shetty Country flag representing In Whole-Time Director 01-Apr-2005Current

Financial Performance of Metcut Toolings.

Metcut Toolings Private Limited., for the financial year ended 2022, experienced significant growth in revenue, with a 28.38% increase. The company also saw a substantial improvement in profitability, with a 18.63% increase in profit. The company's net worth observed a substantial decline by a decrease of 31.9%.

Metcut Toolings revenue growth over time
Metcut Toolings 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
28.38%
Revenue from Operations
41.38%
Total Assets
-6.61%
Profit or Loss
18.63%
Net Worth
-31.90%
EBITDA
127.63%

What is the Ownership and Shareholding Structure of Metcut Toolings?

In 2022, Metcut Toolings had a promoter holding of 75.68% and a public holding of 24.32%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹6.10 Cr

Satisfied Charges

₹0.47 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of India : 5.10 Cr
  • Others : 1.00 Cr

Latest Charge Details

DateLenderAmountStatus
27 Jul 2018Others₹1.00 CrOpen
09 Sep 1996State Bank Of India₹5.10 CrOpen
10 Jul 2010The Shamrao Vithal Co-Operative Bank Limited₹1.00 MSatisfied
04 Aug 2009Karnataka State Financial Corporation Limited₹2.00 MSatisfied
30 Jan 1991Ksfc₹1.34 MSatisfied

How Many Employees Work at Metcut Toolings?

Unlock and access historical data on people associated with Metcut Toolings, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee growth trends for Metcut Toolings Private Limited.

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Metcut Toolings, 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 Metcut Toolings'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 Metcut Toolings

Recent activity within the organization

  • Annual General Meeting

    Metcut Toolings Private Limited. last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Balance Sheet

    Metcut Toolings Private Limited. has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.

  • Charges

    A charge with State Bank Of India of Rs. 5.10 Cr registered on 09 Sep 1996 with Charge ID 80008279 was modified on 30 Mar 2019.

  • Charges

    A charge registered on 10 Jul 2010 via Charge ID 10238023 with The Shamrao Vithal Co-Operative Bank Limited was fully satisfied on 11 Mar 2019.

  • Charges

    A charge with Others amounted to Rs. 1.00 Cr with Charge ID 100194194 was registered on 27 Jul 2018.

  • Charges

    A charge registered on 30 Jan 1991 via Charge ID 80066221 with Ksfc was fully satisfied on 22 Mar 2013.

Frequently asked questions

  • What is the Incorporation or founding date of Metcut Toolings Private Limited.?

    Metcut Toolings Private Limited. was incorporated on 10 Aug 1989.

  • What is authorized share capital and paid-up capital of Metcut Toolings Private Limited.?

    The authorized share capital of Metcut Toolings Private Limited. is ₹ 4.00 Cr and paid-up capital is ₹ 2.96 Cr.

  • Who are the current board members & directors of Metcut Toolings Private Limited.?

    Currently 4 directors are associated with Metcut Toolings Private Limited..

    • Sudhir Jayaram Shetty
    • Sarita Vijay Mada
    • Sunil Jayaram Shetty
    • Kushala Jayaram Shetty

  • What is the registered address of Metcut Toolings Private Limited.?

    As per Ministry of Corporate Affairs (Mca), the registered address of Metcut Toolings Private Limited. is Plot Nos. 18 To 23 Kiadb Industrial Area Rayapur, India, Dharwad, Karnataka, 580009.

  • What is the corporate identification number (CIN) and company number of Metcut Toolings Private Limited.?

    The corporate identification number (CIN) of Metcut Toolings Private Limited. is U85110KA1989PTC010303 and the company number is 010303 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Metcut Toolings Private Limited.?

    The Official website of Metcut Toolings Private Limited. is https://www.metcutindia.com

  • What has been the recent revenue trend for Metcut Toolings Private Limited.?

    According to the financial reports for the fiscal year 2022, the revenue trend for Metcut Toolings Private Limited. has risen by 28.38%.

  • What change has been observed in the net worth of Metcut Toolings Private Limited., and by what percentage?

    The financial reports for the fiscal year 2022 indicates that The net worth of Metcut Toolings Private Limited. has experienced an downturn of -31.90%.

  • What are the total open charges for Metcut Toolings Private Limited.?

    As per the financial statements for fiscal Year 2022, The total open charges for Metcut Toolings Private Limited. amount to ₹ 6.10 Cr.

  • When was the last Balance Sheet of Metcut Toolings Private Limited. filed with the ROC?

    The most recent Balance Sheet for Metcut Toolings Private Limited. was filed with the ROC on 31 Mar 2024.

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