Midwest Castech Limited

Manufactures metal and non-ferrous castings, including grey iron, alloy steel, and stainless steel.

1992 | Vadodara, Gujarat (India) | Active
Last Updated:

Midwest Castech Profile

Key Indicators

  • Authorised Capital ₹ 10.00 Cr
  • Paid Up Capital ₹ 5.80 M
  • Company Age 32 Year, 10 Months
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth -73.36%
  • Profit Growth -122.06%
  • Ebitda -76.81%
  • Net Worth -103.39%
  • Total Assets -18.59%

About Midwest Castech

Midwest Castech Limited (MCL) is a Public Limited Indian Non-Government Company incorporated in India on 23 April 1992 and has a history of 32 years and ten months. Its registered office is in Vadodara, Gujarat, 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 10.00 Cr and a paid-up capital of Rs 5.80 M, as per Ministry of Corporate Affairs (MCA) records.

Harish Sata, Vidhyaben Sata, and Aditya Sata serve as directors at the Company.

Company Details

  • Location

    Vadodara, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    castingsncastings.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U27109GJ1992PLC017488

  • Company No.

    017488

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    23 Apr 1992

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Manufacturing

Who are the key members and board of directors at Midwest Castech?

Board Members (3)

NameDesignationAppointment DateStatus
Harish Sata Country flag representing In Director 29-Feb-2024Current
Vidhyaben Sata Country flag representing In Director 29-Feb-2024Current
Aditya Sata Country flag representing In Director 29-Feb-2024Current

Financial Performance of Midwest Castech.

Midwest Castech Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 73.36% decrease. The company also saw a substantial fall in profitability, with a 122.06% decrease in profit. The company's net worth observed a substantial decline by a decrease of 103.39%.

Midwest Castech revenue growth over time
Midwest Castech 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
-73.36%
Revenue from Operations
-55.80%
Total Assets
-18.59%
Profit or Loss
-122.06%
Net Worth
-103.39%
EBITDA
-76.81%

What is the Ownership and Shareholding Structure of Midwest Castech?

In 2019, Midwest Castech had a promoter holding of 64.31% and a public holding of 35.69%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Midwest Castech?

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

Employee growth trends for Midwest Castech Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Midwest Castech, 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 Midwest Castech'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 Midwest Castech

Recent activity within the organization

  • Annual General Meeting

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

  • Balance Sheet

    Midwest Castech Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.

  • Director Appointment

    Harish Wadhuram Sata was appointed as a Director was appointed as a Director on 29 Feb 2024 & has been associated with this company since 1 year 4 days .

  • Director Appointment

    Vidhyaben Harishbhai Sata was appointed as a Director was appointed as a Director on 29 Feb 2024 & has been associated with this company since 1 year 4 days .

  • Director Appointment

    Aditya Harish Sata was appointed as a Director was appointed as a Director on 29 Feb 2024 & has been associated with this company since 1 year 4 days .

  • Company Incorporation

    Midwest Castech Limited was registered on 23 Apr 1992 with Roc Ahmedabad & aged 32 years 10 months as per MCA records.

Frequently asked questions

  • What is the Incorporation or founding date of Midwest Castech Limited?

    Midwest Castech Limited was incorporated on 23 Apr 1992.

  • What is authorized share capital and paid-up capital of Midwest Castech Limited?

    The authorized share capital of Midwest Castech Limited is ₹ 10.00 Cr and paid-up capital is ₹ 5.80 M.

  • Who are the current board members & directors of Midwest Castech Limited?

    Currently 3 directors are associated with Midwest Castech Limited.

    • Harish Wadhuram Sata
    • Vidhyaben Harishbhai Sata
    • Aditya Harish Sata

  • What is the registered address of Midwest Castech Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Midwest Castech Limited is Shed No. 754/7 Gidc Makarpura Road India, Vadodara, Gujarat, 390010.

  • What is the corporate identification number (CIN) and company number of Midwest Castech Limited?

    The corporate identification number (CIN) of Midwest Castech Limited is U27109GJ1992PLC017488 and the company number is 017488 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Midwest Castech Limited?

    The Official website of Midwest Castech Limited is https://www.castingsncastings.com

  • What has been the recent revenue trend for Midwest Castech Limited?

    According to the financial reports for the fiscal year 2022, the revenue trend for Midwest Castech Limited has fallen by -73.36%.

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

    The financial reports for the fiscal year 2022 indicates that The net worth of Midwest Castech Limited has experienced an downturn of -103.39%.

  • When was the last Balance Sheet of Midwest Castech Limited filed with the ROC?

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

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