Steelcast Limited

Produces steel castings for various industries with large annual capacity.

1972 | Bhavnagar, Gujarat (India) | Active
Last Updated: July 15, 2024

Steelcast Profile

Key Indicators

  • Authorised Capital ₹ 15.00 Cr
  • Paid Up Capital ₹ 10.12 Cr
  • Company Age 53 Year, 10 Days
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 281.79 Cr
  • Satisfied Charges ₹ 456.43 Cr
  • Revenue Growth 58.07%
  • Profit Growth 111.96%
  • Ebitda 78.95%
  • Net Worth 37.46%
  • Total Assets 10.51%

About Steelcast

Steelcast Limited (SL) was founded in India on 11 February 1972 and has a glorious history of 53 years . Its registered office is in Bhavnagar, Gujarat, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 513517.

The Corporate was formerly known as Steelcast Bhavangar Private 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 15.00 Cr and a paid-up capital of Rs 10.12 Cr.

The company currently has active open charges totaling ₹281.79 Cr. The company has closed loans amounting to ₹456.43 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Steelcast Limited India are Umeshkumar Bhatt as COMPANY SECRETARY and Mr Sharma as Cfo. Apurva Shah, Chetankumar Tamboli, Harsh Gandhi, and Seven other members serve as directors at the Company.

Company Details

  • Location

    Bhavnagar, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    steelcast.net

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    L27310GJ1972PLC002033

  • Company No.

    002033

  • Stock Symbol

    BSE : 513517

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    11 Feb 1972

  • Date of AGM

    03 Aug 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Listed

  • ROC Code

    Roc Ahmedabad

Industry

Manufacturing

What products or services does Steelcast Limited offer?

Steelcast Limited offers a wide range of products and services, including Industrial & Engineering Goods, Crusher Spare Parts, Metal & Metal Made Products, Metal Sheets, Excavator and Earth Moving Machinery, Earthmoving Machinery Parts, Injection Moulds, Plastic Injection Mold, Excavator Parts, Tooth Points.

Who are the key members and board of directors at Steelcast?

Executive Team (3)

NameDesignationAppointment DateStatus
Chetankumar Tamboli Country flag representing In Managing Director31-Aug-1991Current
Umeshkumar Bhatt Country flag representing In Company Secretary02-Nov-2021Current
Mr Sharma Country flag representing In CFO24-Jan-2017Current

Board Members (9)

NameDesignationAppointment DateStatus
Vidhi Tamboli Country flag representing In Director 05-Nov-2019Current
Rajiv Gandhi Country flag representing In Director 23-Mar-2023Current
Harsh Gandhi Country flag representing In Director 23-Mar-2023Current
Apurva Shah Country flag representing In Director 18-Jun-2003Current
Hemantbhai Dholakia Country flag representing In Director 29-Jun-2020Current
Aarushi Manoj Country flag representing In Director 18-May-2022Current

Financial Performance of Steelcast.

Steelcast Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 58.07% increase. The company also saw a substantial improvement in profitability, with a 111.96% increase in profit. The company's net worth Soared by an impressive increase of 37.46%.

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
58.07%
Revenue from Operations
57.87%
Total Assets
10.51%
Profit or Loss
111.96%
Net Worth
37.46%
EBITDA
78.95%

What is the Ownership and Shareholding Structure of Steelcast?

In 2023, Steelcast had a promoter holding of 46.07% and a public holding of 53.95%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹281.79 Cr

Satisfied Charges

₹456.43 Cr

Charges Breakdown by Lending Institutions

  • Idbi Trusteeship Services Limited : 140.90 Cr
  • Others : 69.25 Cr
  • Standard Chartered Bank : 51.50 Cr
  • Hdfc Bank Limited : 20.15 Cr

Latest Charge Details

DateLenderAmountStatus
28 May 2022Others₹40.00 CrOpen
16 Apr 2018Others₹29.25 CrOpen
20 Mar 2014Idbi Trusteeship Services Limited₹140.90 CrOpen
13 Oct 2012Standard Chartered Bank₹51.50 CrOpen
04 Aug 2012Hdfc Bank Limited₹20.15 CrOpen

How Many Employees Work at Steelcast?

Steelcast has a workforce of 1381 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 Steelcast, 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 Steelcast'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 Steelcast

Recent activity within the organization

  • Annual General Meeting

    Steelcast Limited last Annual general meeting of members was held on 03 Aug 2023 as per latest MCA records.

    03 Aug 2023

  • Charges

    A charge with Idbi Trusteeship Services Limited of Rs. 140.90 Cr registered on 20 Mar 2014 with Charge ID 10484699 was modified on 17 Jun 2023.

    17 Jun 2023

  • Balance Sheet

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

    31 Mar 2023

  • Director Appointment

    Harsh Rajendra Gandhi was appointed as a Director was appointed as a Director on 23 Mar 2023 & has been associated with this company since 1 year 11 months .

    23 Mar 2023

  • Director Appointment

    Rajiv Dinesh Gandhi was appointed as a Director was appointed as a Director on 23 Mar 2023 & has been associated with this company since 1 year 11 months .

    23 Mar 2023

  • Charges

    A charge with Others of Rs. 29.25 Cr registered on 16 Apr 2018 with Charge ID 100173058 was modified on 16 Feb 2023.

    16 Feb 2023

Frequently asked questions

  • Steelcast Limited was incorporated on 11 Feb 1972.

  • The authorized share capital of Steelcast Limited is ₹ 15.00 Cr and paid-up capital is ₹ 10.12 Cr.

  • Currently 12 directors are associated with Steelcast Limited.

    • Apurva Rajendra Shah
    • Chetankumar Manmohanbhai Tamboli
    • Harsh Rajendra Gandhi
    • Hemantbhai Devendrabhai Dholakia
    • Rajiv Dinesh Gandhi
    • Aarushi Ganatra Manoj
    • Ashutosh Hasmukhlal Shukla
    • Vidhi Chetanbhai Tamboli
    • Rushil Chetanbhai Tamboli
    • Subhash Chand Sharma
    • Umeshkumar Vasantray Bhatt
    • Mr Subhash Chand Sharma
  • As per Ministry of Corporate Affairs (Mca), the registered address of Steelcast Limited is Ruvapari Road, Bhavnagar, Gujarat, India, 364005.

  • The corporate identification number (CIN) of Steelcast Limited is L27310GJ1972PLC002033 and the company number is 002033 as per Ministry of Corporate Affairs (MCA).

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

  • The Official website of Steelcast Limited is https://www.steelcast.net

  • According to the financial reports for the fiscal year 2023, the revenue trend for Steelcast Limited has risen by 58.07%.

  • As Per 2023 financial reports, 1381 employees are currently employed by Steelcast Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Steelcast Limited has experienced an upsurge of 37.46%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Steelcast Limited amount to ₹ 281.79 Cr.

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

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