Metcut Toolings Private Limited. logo

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:

June 16, 2024
HomeCompanyMetcut Toolings Private Limited.

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

Executive Team (1)

NameDesignationAppointment DateStatus
Kushala Shetty InManaging Director10-Aug-1989Current

Board Members(3)

NameDesignationAppointment DateStatus
Sarita Mada In Director 01-Apr-2005Current
Sudhir Shetty In Whole-Time Director 01-Apr-2005Current
Sunil Shetty 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%.

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  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metric
(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%

Related Corporates (Common Directorship)

Charges (Loans)

Open Charges Satisfied Charges

₹6.10 Cr

₹0.47 Cr

LenderAmountStatus

Others

Creation Date: 27 Jul 2018
₹1.00 CrOpen

State Bank Of India

Creation Date: 09 Sep 1996
₹5.10 CrOpen

The Shamrao Vithal Co-Operative Bank Limited

Creation Date: 10 Jul 2010
₹1.00 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.

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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 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Metcut Toolings Private Limited. has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.

    31 Mar 2023

  • 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.

    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.

    11 Mar 2019

  • Charges

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

    27 Jul 2018

  • Charges

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

    22 Mar 2013

Frequently asked questions

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

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

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

    • Sarita Vijay Mada
    • Sudhir Jayaram Shetty
    • Sunil Jayaram Shetty
    • Kushala Jayaram Shetty
  • 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, Dharwad, Karnataka, India, 580009.

  • 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).

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

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

  • 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%.

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

  • The most recent Balance Sheet for Metcut Toolings Private Limited. was filed with the ROC on 31 Mar 2023.

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