Shri Navkar Metals Limited

Manufacturer and exporter of stainless steel and aluminum products, also offers turnkey project services.

1986 | Ahmedabad, Gujarat (India) | Active
Last Updated: November 16, 2024

Shri Navkar Metals Profile

Key Indicators

  • Authorised Capital ₹ 5.50 M
  • Paid Up Capital ₹ 5.39 M
  • Company Age 38 Year, 4 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 17.87 Cr
  • Satisfied Charges ₹ 3.00 M
  • Revenue Growth 45.86%
  • Profit Growth 180.22%
  • Ebitda -13.50%
  • Net Worth 1.09%
  • Total Assets 0.82%

About Shri Navkar Metals

Shri Navkar Metals Limited (SNML) is a leading Public Limited Indian Non-Government Company incorporated in India on 23 October 1986 and has a history of 38 years and four months. Its registered office is in Ahmedabad, Gujarat, India.

The Corporate was formerly known as Navkar Metals Private Limited. The Company is engaged in the Home & Lifestyle 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 5.50 M and a paid-up capital of Rs 5.39 M.

The company currently has active open charges totaling ₹17.87 Cr. The company has closed loans amounting to ₹3.00 M, as per Ministry of Corporate Affairs (MCA) records.

Tarachand Jain, Chintan Modi, and Nayan Jain serve as directors at the Company.

Company Details

  • Location

    Ahmedabad, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    shrinavkar.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U27310GJ1986PLC009107

  • Company No.

    009107

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    23 Oct 1986

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Home & Lifestyle

What products or services does Shri Navkar Metals Limited offer?

Shri Navkar Metals Limited offers a wide range of products and services, including Wash Basins, Sanitaryware & Fittings, Kitchen Sinks, Bakery & Dairy Machinery, Milk Can.

Who are the key members and board of directors at Shri Navkar Metals?

Board Members (3)

NameDesignationAppointment DateStatus
Tarachand Jain Country flag representing In Director 26-Oct-1986Current
Chintan Modi Country flag representing In Director 21-Mar-2006Current
Nayan Jain Country flag representing In Director 14-Dec-2002Current

Financial Performance of Shri Navkar Metals.

Shri Navkar Metals Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 45.86% increase. The company also saw a substantial improvement in profitability, with a 180.22% increase in profit. The company's net worth moved up by a moderate rise of 1.09%.

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
45.86%
Revenue from Operations
43.89%
Total Assets
0.82%
Profit or Loss
180.22%
Net Worth
1.09%
EBITDA
-13.50%

What is the Ownership and Shareholding Structure of Shri Navkar Metals?

In 2023, Shri Navkar Metals had a promoter holding of 97.22% and a public holding of 2.78%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹178.66 M

Satisfied Charges

₹3.00 M

Charges Breakdown by Lending Institutions

  • Bank Of Baroda : 11.92 Cr
  • Others : 5.94 Cr

Latest Charge Details

DateLenderAmountStatus
12 Sep 2023Others₹4.89 CrOpen
29 Sep 2022Others₹2.46 MOpen
02 Feb 2021Others₹3.29 MOpen
01 Jun 2020Others₹4.80 MOpen
18 Jun 2010Bank Of Baroda₹5.00 MOpen

How Many Employees Work at Shri Navkar Metals?

Unlock and access historical data on people associated with Shri Navkar Metals, 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 Shri Navkar Metals, 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 Shri Navkar Metals'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 Shri Navkar Metals

Recent activity within the organization

  • Annual General Meeting

    Shri Navkar Metals Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Charges

    A charge with Others amounted to Rs. 48.89 M with Charge ID 100797682 was registered on 12 Sep 2023.

    12 Sep 2023

  • Balance Sheet

    Shri Navkar Metals Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ahmedabad.

    31 Mar 2023

  • Charges

    A charge registered on 01 Jun 2020 via Charge ID 100344247 with Others was fully satisfied on 12 Oct 2022.

    12 Oct 2022

  • Charges

    A charge with Others amounted to Rs. 2.46 M with Charge ID 100618187 was registered on 29 Sep 2022.

    29 Sep 2022

  • Charges

    A charge with Others amounted to Rs. 3.29 M with Charge ID 100475880 was registered on 02 Feb 2021.

    02 Feb 2021

Frequently asked questions

  • Shri Navkar Metals Limited was incorporated on 23 Oct 1986.

  • The authorized share capital of Shri Navkar Metals Limited is ₹ 5.50 M and paid-up capital is ₹ 5.39 M.

  • Currently 3 directors are associated with Shri Navkar Metals Limited.

    • Tarachand Roopchand Jain
    • Chintan Kumar Modi
    • Nayan Tarachand Jain
  • As per Ministry of Corporate Affairs (Mca), the registered address of Shri Navkar Metals Limited is L-1002, Sa India, Ahmedabad, Gujarat, 380004.

  • The corporate identification number (CIN) of Shri Navkar Metals Limited is U27310GJ1986PLC009107 and the company number is 009107 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Shri Navkar Metals Limited is https://www.shrinavkar.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Shri Navkar Metals Limited has risen by 45.86%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Shri Navkar Metals Limited has experienced an upsurge of 1.09%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Shri Navkar Metals Limited amount to ₹ 17.87 Cr.

  • The most recent Balance Sheet for Shri Navkar Metals Limited was filed with the ROC on 31 Mar 2023.

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