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Shyam Steel Manufacturing Limited (India)

Main Activities: Iron and Steel Mills and Ferroalloy Manufacturing
Full name: Shyam Steel Manufacturing Limited Profile Updated: September 26, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English Download a sample report

Shyam Steel Manufacturing Ltd. is a leading TMT Bar Manufacturer and Supplier based in Kolkata, India. Established in 1953, the company specializes in manufacturing TMT Rebar, Billets, and Sponge Iron. With a focus on producing safe and sustainable steel, Shyam Steel has become a pioneer in quality steel production. Founded by Sri Shriram Beriwal, Shyam Steel has grown to become one of the top TMT Bar manufacturers in the country. The company's leadership, including Shyam Sunder Beriwala, has contributed to its world-class technology, quality control, and professionalism. Operating for over six decades, Shyam Steel has become a large and competitive steel organization, delivering quality materials through innovation and dedication. Shyam Steel operates its Steel Manufacturing Plants in West Bengal, with its integrated steel plant located in Durgapur. The company's flagship product, Shyam TMT Rebars, is earthquake-proof and corrosion-resistant. These TMT Rebars have a wide market presence in various infrastructure segments, including urban development, irrigation, rail, roads, bridges, ports, airports, defense, and energy projects. Shyam Steel has achieved significant milestones and is associated with major institutional projects in India. Its steel products are used by government entities such as the National Highway Authority of India (NHAI), railways, military engineering services, Nuclear Power Corporation of India (NPCI), and state governments. The company is known for its superior design, engineering, and quality manufacturing process, which provide the ideal strength and flexibility required in the construction industry. Shyam Steel Manufacturing Ltd. is a public limited company incorporated on May 23, 1991. It is registered at the Registrar of Companies in Kolkata. The company's authorized share capital is Rs. 550,000,000, and its paid-up capital is Rs. 529,357,220. It is involved in the manufacture of other fabricated metal products and metalworking service activities. The current directors of Shyam Steel Manufacturing Ltd. include Govind Beriwal, Brijesh Beriwala, Lalit Beriwala, Ravi Beriwala, Nikunj Beriwal, Uday Kumar Chatterjee, Suchi Choudhury, Shounak Mitra, Sanjay Shahi, and Manoj Daga. The company's Corporate Identification Number is U28999WB1991PLC051823, and its registration number is 51823. The registered address of Shyam Steel Manufacturing Ltd. is Shyam Towers, EN-32, Sector-V, Salt Lake City, Kolkata, West Bengal, 700091, India. As of now, Shyam Steel Manufacturing Ltd. is an active company.

Legal Address
Shyam Tower, 03-319, Dh 6/11,Street No. 319, Action Area - Id,
North 24 Parganas; West Bengal; Postal Code: 700156

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Basic Information
Total Employees:
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Outstanding Shares:
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Registered Capital:
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Financial Auditors:
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Incorporation Date:
May 23, 1991
Key Executives
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Independent Director
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Independent Director
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Independent Director
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Whole Time Director
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Whole Time Director
Ownership Details
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100%
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100%
Subsidiaries
Shyam Mineral Resources Private Limited
100%
Shyam Mining Private Limited
100%
Vaikuntha Tradecom Private Limited
100%
Company Performance
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Key Financial Highlights
Annual growth percentages for latest two years in local currency INR. Absolute financial data is included in the purchased report.
Net sales revenue
21.51%
Total operating revenue
21.66%
Operating profit (EBIT)
-15.19%
EBITDA
-11.97%
Net Profit (Loss) for the Period
-28.76%
Total assets
51.69%
Total equity
15.55%
Operating Profit Margin (ROS)
-4.29%
Net Profit Margin
-4.26%
Return on Equity (ROE)
-8.39%
Debt to Equity Ratio
39.17%
Quick Ratio
-0.45%
Cash Ratio
0.03%

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