Nilachal Refractories Limited

Refractory solutions for various industries, including ferrous, non-ferrous, cement, and petrochemicals.

1977 | Bhubaneswar, Orissa (India) | Active
Last Updated: June 16, 2024

Nilachal Refractories Profile

Key Indicators

  • Authorised Capital ₹ 49.00 Cr
  • Paid Up Capital ₹ 48.73 Cr
  • Company Age 47 Year, 7 Months
  • Last Filing with ROC 31 Mar 2023
  • Satisfied Charges ₹ 13.15 Cr
  • Revenue Growth -45.85%
  • Profit Growth -8.15%
  • Ebitda -100.82%
  • Net Worth -75.73%
  • Total Assets -1.67%

About Nilachal Refractories

Nilachal Refractories Limited (NRL) is a Public Limited Indian Non-Government Company incorporated in India on 30 June 1977 and has a history of 47 years and seven months. Its registered office is in Bhubaneswar, Orissa, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 502294.

The Corporate was formerly known as Ipibel Refractories Limited. 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 2023. It's a company limited by shares with an authorized capital of Rs 49.00 Cr and a paid-up capital of Rs 48.73 Cr.

The company has closed loans amounting to ₹13.15 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Nilachal Refractories Limited India are Ashish Bhalotia as COMPANY SECRETARY and Dukhabandhu Prusty as Cfo. Vinay Agarwal, Sribash Mishra, Niraj Jalan, and Six other members serve as directors at the Company.

Company Details

  • Location

    Bhubaneswar, Orissa, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    nilachal.in

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    L26939OR1977PLC000735

  • Company No.

    000735

  • Stock Symbol

    BSE : 502294

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    30 Jun 1977

  • Date of AGM

    11 Nov 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Listed

  • ROC Code

    Roc Cuttack

Industry

Manufacturing

Who are the key members and board of directors at Nilachal Refractories?

Executive Team (2)

NameDesignationAppointment DateStatus
Ashish Bhalotia Country flag representing In Company Secretary06-Mar-2024Current
Dukhabandhu Prusty CFO06-Mar-2024Current

Board Members (9)

NameDesignationAppointment DateStatus
Sundaresan Radhakrishnan Country flag representing In Director 25-Nov-2014Current
Vinay Agarwal Country flag representing In Director 23-Jul-2020Current
Sribash Mishra Country flag representing In Director 31-Jan-2007Current
Niraj Jalan Country flag representing In Director 06-May-2006Current
Bhagwati Jalan Country flag representing In Director 19-Dec-2005Current
Ramesh Dhandhania Country flag representing In Director 01-Feb-2014Current

Financial Performance of Nilachal Refractories.

Nilachal Refractories Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 45.85% decrease. The company also saw a slight decrease in profitability, with a 8.15% decrease in profit. The company's net worth observed a substantial decline by a decrease of 75.73%.

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
-45.85%
Revenue from Operations
-46.55%
Total Assets
-1.67%
Profit or Loss
-8.15%
Net Worth
-75.73%
EBITDA
-100.82%

What is the Ownership and Shareholding Structure of Nilachal Refractories?

In 2023, Nilachal Refractories had a promoter holding of 70.61% and a public holding of 29.39%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹13.15 Cr

Charges Breakdown by Lending Institutions

  • Canara Bank : 13.15 Cr

Latest Charge Details

DateLenderAmountStatus
22 Jun 2011Canara Bank₹0.84 MSatisfied
16 Jul 2010Canara Bank₹0.70 MSatisfied
28 Jun 2006Canara Bank₹13.00 CrSatisfied

How Many Employees Work at Nilachal Refractories?

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

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Nilachal Refractories, 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 Nilachal Refractories'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 Nilachal Refractories

Recent activity within the organization

  • Director Appointment

    Ashish Kumar Bhalotia was appointed as a Company Secretary was appointed as a Company Secretary on 06 Mar 2024 & has been associated with this company since 11 months 17 days .

    06 Mar 2024

  • Director Appointment

    Dukhabandhu Prusty was appointed as a Cfo was appointed as a Cfo on 06 Mar 2024 & has been associated with this company since 11 months 17 days .

    06 Mar 2024

  • Annual General Meeting

    Nilachal Refractories Limited last Annual general meeting of members was held on 11 Nov 2023 as per latest MCA records.

    11 Nov 2023

  • Balance Sheet

    Nilachal Refractories Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Cuttack.

    31 Mar 2023

  • Director Appointment

    Vinay Agarwal was appointed as a Director was appointed as a Director on 23 Jul 2020 & has been associated with this company since 4 years 7 months .

    23 Jul 2020

  • Charges

    A charge registered on 22 Jun 2011 via Charge ID 10298688 with Canara Bank was fully satisfied on 05 Sep 2018.

    05 Sep 2018

Recent News, Updates & Announcement

Frequently asked questions

  • Nilachal Refractories Limited was incorporated on 30 Jun 1977.

  • The authorized share capital of Nilachal Refractories Limited is ₹ 49.00 Cr and paid-up capital is ₹ 48.73 Cr.

  • Currently 11 directors are associated with Nilachal Refractories Limited.

    • Ashish Kumar Bhalotia
    • Vinay Agarwal
    • Sribash Chandra Mishra
    • Niraj Jalan
    • Bhagwati Prasad Jalan
    • Ramesh Kumar Dhandhania
    • Vimal Prakash
    • Sundaresan Radhakrishnan
    • Dukhabandhu Prusty
    • Pradip Kumar Mohapatra
    • Bindu Jain
  • As per Ministry of Corporate Affairs (Mca), the registered address of Nilachal Refractories Limited is P-598/599 Kedarnath Apartment Mahabir Nagar Lewis Road, Bhubaneswar, Orissa, India, 751002.

  • The corporate identification number (CIN) of Nilachal Refractories Limited is L26939OR1977PLC000735 and the company number is 000735 as per Ministry of Corporate Affairs (MCA).

  • Yes, Nilachal Refractories Limited is registered on Bombay Stock Exchange (BSE).

  • The Official website of Nilachal Refractories Limited is https://www.nilachal.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Nilachal Refractories Limited has fallen by -45.85%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Nilachal Refractories Limited has experienced an downturn of -75.73%.

  • The most recent Balance Sheet for Nilachal Refractories Limited was filed with the ROC on 31 Mar 2023.

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