Sharp Ferro Alloys Limited

Manufacturer of high-quality ferro alloys and billets, with global exports and trading operations.

1990 | Durgapur, West Bengal (India) | Active
Last Updated: July 03, 2024

Sharp Ferro Alloys Profile

Key Indicators

  • Authorised Capital ₹ 17.00 Cr
  • Paid Up Capital ₹ 15.55 Cr
  • Company Age 34 Year, 7 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 310.26 Cr
  • Satisfied Charges ₹ 254.92 Cr
  • Revenue Growth -16.66%
  • Profit Growth -69.65%
  • Ebitda -68.27%
  • Net Worth 20.40%
  • Total Assets 11.07%

About Sharp Ferro Alloys

Sharp Ferro Alloys Limited (SFAL) is a leading Public Limited Indian Non-Government Company incorporated in India on 02 July 1990 and has a history of 34 years and seven months. Its registered office is in Durgapur, West Bengal, India.

The Corporate was formerly known as Monnet Ferro Alloys Limited. 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 2023. It's a company limited by shares with an authorized capital of Rs 17.00 Cr and a paid-up capital of Rs 15.55 Cr.

The company currently has active open charges totaling ₹310.26 Cr. The company has closed loans amounting to ₹254.92 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Sharp Ferro Alloys Limited India are Deepak Kumar as Cfo, Nisha as Company Secretary, and Naresh Rawat as Ceo. Piyush Khandelwal, Gulshan Chawla, Kamla Devi, and Three other members serve as directors at the Company.

Company Details

  • Location

    Durgapur, West Bengal, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U27101WB1990PLC093185

  • Company No.

    093185

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    02 Jul 1990

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Kolkata

Industry

Metals and Minerals

What products or services does Sharp Ferro Alloys Limited offer?

Sharp Ferro Alloys Limited offers a wide range of products and services, including Ferro Alloys, High Carbon Ferro Manganese, Medium Carbon Ferro Manganese, High Carbon Ferrochrome, Ferro Manganese, Silico Manganese, Low Carbon Silico Manganese, Iron & Copper Alloys, Steel Products, Steel Billets.

Who are the key members and board of directors at Sharp Ferro Alloys?

Executive Team (4)

Name Designation Appointment Date Status
Tushar Rawat Country flag representing In Managing Director 05-Jul-2003 Current
Deepak Kumar CFO 16-Apr-2020 Current
Nisha Country flag representing In Company Secretary 25-Oct-2019 Current
Naresh Rawat Country flag representing In CEO 27-Oct-2014 Current

Board Members (5)

Name Designation Appointment Date Status
Piyush Khandelwal Country flag representing In Director 01-Dec-2017 Current
Gulshan Chawla Country flag representing In Director 10-Aug-2015 Current
Kamla Devi Country flag representing In Director 20-Apr-2009 Current
Lakshmi Gupta Country flag representing In Director 17-Aug-2006 Current
Nitesh Khandelwal Country flag representing In Director 01-Dec-2017 Current

Financial Performance of Sharp Ferro Alloys.

Sharp Ferro Alloys Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 16.66% decrease. The company also saw a substantial fall in profitability, with a 69.65% decrease in profit. The company's net worth Soared by an impressive increase of 20.4%.

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
-16.66%
Revenue from Operations
-17.27%
Total Assets
11.07%
Profit or Loss
-69.65%
Net Worth
20.40%
EBITDA
-68.27%

What is the Ownership and Shareholding Structure of Sharp Ferro Alloys?

In 2023, Sharp Ferro Alloys had a promoter holding of 83.69% and a public holding of 16.31%. 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

₹310.26 Cr

Satisfied Charges

₹254.92 Cr

Charges Breakdown by Lending Institutions

  • Sbicap Trustee Company Limited : 305.27 Cr
  • Axis Bank Limited : 1.78 Cr
  • Others : 1.70 Cr
  • Hdfc Bank Limited : 1.51 Cr

Latest Charge Details

Date Lender Amount Status
02 Mar 2024 Others ₹1.25 Cr Open
23 May 2023 Others ₹4.50 M Open
28 Mar 2023 Axis Bank Limited ₹1.24 Cr Open
19 Aug 2021 Hdfc Bank Limited ₹7.60 M Open
18 Jun 2021 Hdfc Bank Limited ₹4.50 M Open

How Many Employees Work at Sharp Ferro Alloys?

Sharp Ferro Alloys has a workforce of 1671 employees as of Mar 28, 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 Sharp Ferro Alloys, 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 Sharp Ferro Alloys'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 Sharp Ferro Alloys

Recent activity within the organization

  • Charges

    A charge with Others amounted to Rs. 1.25 Cr with Charge ID 100887765 was registered on 02 Mar 2024.

    02 Mar 2024

  • Charges

    A charge with Sbicap Trustee Company Limited of Rs. 305.27 Cr registered on 18 Apr 2009 with Charge ID 10160864 was modified on 08 Nov 2023.

    08 Nov 2023

  • Annual General Meeting

    Sharp Ferro Alloys Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Charges

    A charge registered on 01 Nov 2018 via Charge ID 100218778 with Hdfc Bank Limited was fully satisfied on 24 Aug 2023.

    24 Aug 2023

  • Charges

    A charge registered on 31 Jan 2019 via Charge ID 100242679 with Hdfc Bank Limited was fully satisfied on 19 Aug 2023.

    19 Aug 2023

  • Charges

    A charge registered on 24 Sep 2021 via Charge ID 100500538 with Hdfc Bank Limited was fully satisfied on 22 Jun 2023.

    22 Jun 2023

Frequently asked questions

  • Sharp Ferro Alloys Limited was incorporated on 02 Jul 1990.

  • The authorized share capital of Sharp Ferro Alloys Limited is ₹ 17.00 Cr and paid-up capital is ₹ 15.55 Cr.

  • Currently 9 directors are associated with Sharp Ferro Alloys Limited.

    • Deepak Raj Kumar
    • Piyush Khandelwal
    • Gulshan Chawla
    • Kamla Devi
    • Lakshmi Narain Gupta
    • Tushar Rawat
    • Nisha
    • Naresh Rawat
    • Nitesh Khandelwal
  • As per Ministry of Corporate Affairs (Mca), the registered address of Sharp Ferro Alloys Limited is Mauza-Kamalpur Nachan Road., Durgapur, West Bengal, India, 713204.

  • The corporate identification number (CIN) of Sharp Ferro Alloys Limited is U27101WB1990PLC093185 and the company number is 093185 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Sharp Ferro Alloys Limited is https://www.sharpferro.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Sharp Ferro Alloys Limited has fallen by -16.66%.

  • As Per 2023 financial reports, 1671 employees are currently employed by Sharp Ferro Alloys Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Sharp Ferro Alloys Limited has experienced an upsurge of 20.40%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Sharp Ferro Alloys Limited amount to ₹ 310.26 Cr.

  • The most recent Balance Sheet for Sharp Ferro Alloys Limited was filed with the ROC on 31 Mar 2023.

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