Narbada Steels Limited

Manufactures mild steel ingots using electric or other furnaces for various industries and machinery.

1985 | Jammu, Jammu & Kashmir (India) | Active
Last Updated: December 23, 2024

Narbada Steels Profile

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 5.00 M
  • Company Age 39 Year, 7 Months
  • Last Filing with ROC 31 Mar 2022
  • Open Charges ₹ 44.60 Cr
  • Satisfied Charges ₹ 48.89 Cr
  • Revenue Growth 61.32%
  • Profit Growth 32.65%
  • Ebitda 112.69%
  • Net Worth 20.90%
  • Total Assets 47.67%

About Narbada Steels

Narbada Steels Limited (NSL) is a leading Public Limited Indian Non-Government Company incorporated in India on 06 June 1985 and has a history of 39 years and seven months. Its registered office is in Jammu, Jammu & Kashmir, India.

The Company is engaged in the Metals And Minerals Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2022. It's a company limited by shares with an authorized capital of Rs 1.00 Cr and a paid-up capital of Rs 5.00 M.

The company currently has active open charges totaling ₹44.60 Cr. The company has closed loans amounting to ₹48.89 Cr, as per Ministry of Corporate Affairs (MCA) records.

Rahul Bansal, Sanya Bansal, Surbhi Sethi, and Two other members serve as directors at the Company.

Company Details

  • Location

    Jammu, Jammu & Kashmir, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U27106JK1985PLC000783

  • Company No.

    000783

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    06 Jun 1985

  • Date of AGM

    30 Sep 2022

  • Date of Balance Sheet

    31 Mar 2022

  • Listing Status

    Unlisted

  • ROC Code

    Roc Jammu

Industry

Metals and Minerals

Who are the key members and board of directors at Narbada Steels?

Executive Team (1)

Name Designation Appointment Date Status
Rahul Bansal Country flag representing In Managing Director 01-Apr-2001 Current

Board Members (4)

Name Designation Appointment Date Status
Sanya Bansal Country flag representing In Director 12-Feb-2014 Current
Surbhi Sethi Country flag representing In Director 30-Nov-2019 Current
Romesh Badial Country flag representing In Director 12-Feb-2011 Current
Sanjay Aggarwal Country flag representing In Director 29-Sep-2018 Current

Financial Performance of Narbada Steels.

Narbada Steels Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 61.32% increase. The company also saw a substantial improvement in profitability, with a 32.65% increase in profit. The company's net worth Soared by an impressive increase of 20.9%.

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
61.32%
Revenue from Operations
63.36%
Total Assets
47.67%
Profit or Loss
32.65%
Net Worth
20.90%
EBITDA
112.69%

What is the Ownership and Shareholding Structure of Narbada Steels?

In 2022, Narbada Steels had a promoter holding of 100.00%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹44.60 Cr

Satisfied Charges

₹48.89 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 44.45 Cr
  • Jammu And Kashmir State Financial Corporation Ltd : 0.15 Cr

Latest Charge Details

Date Lender Amount Status
26 Dec 2023 Hdfc Bank Limited ₹20.66 Cr Open
10 May 2022 Hdfc Bank Limited ₹9.00 M Open
26 Jul 2012 Hdfc Bank Limited ₹22.88 Cr Open
13 Dec 1986 Jammu And Kashmir State Financial Corporation Ltd ₹1.49 M Open
28 Feb 2018 Hdfc Bank Limited ₹6.50 M Satisfied

How Many Employees Work at Narbada Steels?

Narbada Steels has a workforce of 56 employees as of Apr 10, 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 Narbada Steels, 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 Narbada Steels'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 Narbada Steels

Recent activity within the organization

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 20.66 Cr with Charge ID 100848107 was registered on 26 Dec 2023.

    26 Dec 2023

  • Annual General Meeting

    Narbada Steels Limited last Annual general meeting of members was held on 30 Sep 2022 as per latest MCA records.

    30 Sep 2022

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.90 Cr with Charge ID 100593371 was registered on 10 May 2022.

    10 May 2022

  • Balance Sheet

    Narbada Steels Limited has filed its annual Financial statements for the year ended 31 Mar 2022 with Roc Jammu.

    31 Mar 2022

  • Charges

    A charge registered on 28 Feb 2018 via Charge ID 100164424 with Hdfc Bank Limited was fully satisfied on 08 Mar 2022.

    08 Mar 2022

  • Charges

    A charge with Hdfc Bank Limited of Rs. 22.88 Cr registered on 26 Jul 2012 with Charge ID 10376413 was modified on 13 Sep 2021.

    13 Sep 2021

Frequently asked questions

  • Narbada Steels Limited was incorporated on 06 Jun 1985.

  • The authorized share capital of Narbada Steels Limited is ₹ 1.00 Cr and paid-up capital is ₹ 5.00 M.

  • Currently 5 directors are associated with Narbada Steels Limited.

    • Rahul Bansal
    • Sanya Bansal
    • Surbhi Sethi
    • Romesh Kumar Badial
    • Sanjay Aggarwal
  • As per Ministry of Corporate Affairs (Mca), the registered address of Narbada Steels Limited is Sidco Industrial Complex Bari Brahmana, Jammu. India, Jammu And Kashmir, Jammu & Kashmir, 181133.

  • The corporate identification number (CIN) of Narbada Steels Limited is U27106JK1985PLC000783 and the company number is 000783 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Narbada Steels Limited is https://www.narbadasteel.com

  • According to the financial reports for the fiscal year 2022, the revenue trend for Narbada Steels Limited has risen by 61.32%.

  • As Per 2022 financial reports, 56 employees are currently employed by Narbada Steels Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Narbada Steels Limited has experienced an upsurge of 20.90%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Narbada Steels Limited amount to ₹ 44.60 Cr.

  • The most recent Balance Sheet for Narbada Steels Limited was filed with the ROC on 31 Mar 2022.

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