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Sovereign Metals Limited is a mineral exploration company focused on the development of its flagship graphite project in Malawi, Africa. The company aims to supply high-quality graphite products for various applications including electric vehicle batteries, lubricants, and industrial uses, thus addressing the growing demand for sustainable materials in the global market.
Sovereign Metals Limited, is an unlisted public company incorporated on 24 February, 2012. It is classified as a public limited company and is located in , Gujarat. It's authorized share capital is INR 60.60 cr and the total paid-up capital is INR 60.60 cr.
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** All rupee values in INR crores. Based on March 2024 numbers.
* GST not included
** Reports & MCA filings will be based on the latest available financials.
** Delivery timelines are on best-effort basis during working hours. Filings 3-4 hours. Reports 24-48 hours.
* INR 349 for 20+ credits purchase
1 credit = one company dashboard
| State | Type | Address |
|---|
| Designation | Name | DIN/PAN | Tenure |
|---|---|---|---|
| Director | Kaushik Chimanlal Lodhiya
Shareholder
|
02060605 | 9 years |
| Director | Sheetal Pankaj Lodhiya
Shareholder
|
07991942 | 8 years |
| Director | Hasmukhlal Popatlal Delawala | 08725350 | 6 years |
| Director | Kalpak Arvindbhai Maniar | 00369957 | 6 years |
| Managing Director | Viral Pankaj Lodhiya
Shareholder
|
08228595 | 8 years |
| Managing Director | Mital Kaushik Lodhiya | 09007143 | 1 years |
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|
| Sales | 3,520.5 | 4,741.3 | 5,558.5 | 6,281.9 | 4,983.1 |
| Operating profit | -22.8 | 11.9 | 6.2 | 27.4 | 23.6 |
| Net profit | -2.0 | 3.1 | 7.5 | 11.8 | 11.8 |
| Gross margin | -0.2 | 0.5 | 0.3 | 0.9 | 0.9 |
| Operating margin | -0.7 | 0.2 | 0.1 | 0.4 | 0.5 |
| Net margin | -0.1 | 0.1 | 0.1 | 0.2 | 0.2 |
| Networth | 2.1 | 60.7 | 68.2 | 80.0 | 91.7 |
| Borrowings | 91.4 | 95.6 | 60.5 | 55.6 | 19.0 |
| Assets | 123.7 | 188.4 | 182.1 | 285.5 | 191.9 |
| Debt to equity | 44.4 | 1.6 | 0.9 | 0.7 | 0.2 |
| Current ratio | 1.5 | 1.3 | 1.5 | 1.3 | 1.8 |
| ROE | -95.7 | 5.0 | 11.1 | 14.7 | 12.8 |
| Days payable | 3.0 | 2.0 | 3.0 | 8.0 | 5.0 |
| WC days | 3.0 | 3.0 | 3.0 | 4.0 | 5.0 |
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|
| Equity Capital | 5.0 | 60.6 | 60.6 | 60.6 | 60.6 |
| Reserves | -3.0 | - | 7.6 | 19.4 | 31.1 |
| Borrowings + | 91.4 | 95.6 | 60.5 | 55.6 | 19.0 |
| Long term borrowings | 65.5 | 10.1 | 10.0 | 9.4 | 7.4 |
| Short term borrowings | 25.8 | 85.5 | 50.4 | 46.2 | 11.5 |
| Trade payables + | 27.1 | 28.6 | 45.7 | 142.0 | 72.3 |
| Days payable | 3.0 | 2.0 | 3.0 | 8.0 | 5.0 |
| Other liabilities + | 3.1 | 3.5 | 7.7 | 8.0 | 9.0 |
| Other non-current liabilities | 0.2 | 0.5 | 0.5 | 0.9 | 1.0 |
| Other current liabilities | 2.9 | 3.0 | 7.2 | 7.1 | 8.0 |
| Total liabilities | 123.7 | 188.4 | 182.1 | 285.5 | 191.9 |
| Fixed Assets + | 34.1 | 30.4 | 27.1 | 27.4 | 24.8 |
| Tangible assets | 34.0 | 30.3 | 27.0 | 27.3 | 24.8 |
| CWIP | - | - | - | - | - |
| Intangible assets | - | - | - | - | - |
| LT loans and advances | - | - | - | - | - |
| Other non-current assets | 4.8 | 2.9 | 0.9 | 0.9 | 4.8 |
| Current assets + | 84.8 | 155.2 | 154.1 | 257.3 | 162.3 |
| Inventories | 34.1 | 132.3 | 75.6 | 83.1 | 57.1 |
| Trade receivables | 24.3 | 1.8 | 37.4 | 110.9 | 42.8 |
| Cash and cash equivalents | 12.5 | 4.6 | 19.0 | 37.9 | 41.3 |
| ST loans and advances | 13.9 | 16.5 | 22.1 | 25.4 | 21.0 |
| Other current assets | - | - | - | - | 0.2 |
| Total assets | 123.7 | 188.4 | 182.1 | 285.5 | 191.9 |
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|
| Sales + | 3,520.5 | 4,741.3 | 5,558.5 | 6,281.9 | 4,983.1 |
| Sales growth % | 96.36 | 34.67 | 17.24 | 13.01 | -20.67 |
| Expenses + | 3,552.1 | 4,739.0 | 5,568.2 | 6,268.1 | 4,969.2 |
| Cost of goods | 3,529.3 | 4,717.9 | 5,540.7 | 6,225.8 | 4,937.6 |
| Employee cost | 5.1 | 5.4 | 5.5 | 6.5 | 7.3 |
| Other costs | 9.0 | 6.2 | 6.2 | 22.2 | 14.6 |
| Operating profit + | -22.8 | 11.9 | 6.2 | 27.4 | 23.6 |
| Operating margin % | -0.7 | 0.2 | 0.1 | 0.4 | 0.5 |
| Other income | 31.9 | 2.7 | 22.2 | 2.3 | 3.6 |
| Interest | 3.7 | 5.3 | 12.1 | 10.1 | 6.4 |
| Depreciation | 5.0 | 4.4 | 3.7 | 3.5 | 3.2 |
| Exceptional items | - | - | - | - | - |
| Profit before tax | 0.4 | 5.0 | 12.5 | 16.1 | 17.6 |
| Tax | 2.3 | 1.9 | 5.0 | 4.4 | 5.8 |
| Profit - disc. ops | - | - | - | - | - |
| Net profit | -2.0 | 3.1 | 7.5 | 11.8 | 11.8 |
| Net margin % | -0.1 | 0.1 | 0.1 | 0.2 | 0.2 |
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|
| Solvency + | |||||
| Total Debt/Equity | 44.4 | 1.6 | 0.9 | 0.7 | 0.2 |
| Net Debt/Equity | 38.4 | 1.5 | 0.6 | 0.2 | 0.0 |
| Total Debt/Assets | 0.7 | 0.5 | 0.3 | 0.2 | 0.1 |
| Total Assets/Equity | 60.1 | 3.1 | 2.7 | 3.6 | 2.1 |
| Liquidity + | |||||
| Current Ratio | 1.5 | 1.3 | 1.5 | 1.3 | 1.8 |
| Quick Ratio | 0.9 | 0.2 | 0.8 | 0.9 | 1.1 |
| Interest Coverage | -6.2 | 2.2 | 0.5 | 2.7 | 3.7 |
| Performance | |||||
| Gross Margin | -0.2 | 0.5 | 0.3 | 0.9 | 0.9 |
| Operating Margin | -0.7 | 0.2 | 0.1 | 0.4 | 0.5 |
| Net Margin | -0.1 | 0.1 | 0.1 | 0.2 | 0.2 |
| Return + | |||||
| Return on Equity | -95.7 | 5.0 | 11.1 | 14.7 | 12.8 |
| Pre-tax ROCE | -44.2 | 11.0 | 3.1 | 26.7 | 21.4 |
| Return on Assets | -1.6 | 1.6 | 4.1 | 4.1 | 6.1 |
| Pre-tax ROIC | -34.4 | 5.0 | 2.2 | 24.4 | 22.2 |
| Efficiency + | |||||
| Days Payable | 3.0 | 2.0 | 3.0 | 8.0 | 5.0 |
| Days Inventory | 4.0 | 10.0 | 5.0 | 5.0 | 4.0 |
| Days Receivable | 3.0 | 0.0 | 2.0 | 6.0 | 3.0 |
| Fixed Asset Turnover | 103.2 | 156.2 | 205.3 | 229.5 | 200.6 |
| Total Asset Turnover | 28.5 | 25.2 | 30.5 | 22.0 | 26.0 |
| Working Capital | |||||
| Cash Conversion Cycle | 4.0 | 8.0 | 4.0 | 3.0 | 2.0 |
| Working Capital Days | 3.0 | 3.0 | 3.0 | 4.0 | 5.0 |
IndusInd Bank Limited
No. of Loans: 1
Total Amount : 200.0 cr
| Name | Status | Paid up Capital | Common Directors | Address |
|---|---|---|---|---|
| SAHKAR SEVA SANSTHAN |
Active
|
1.0 L | 1 | Gujarat |
| SAHKAR SEVA FOUNDATION |
Active
|
1.0 L | 1 | Gujarat |
| PATRIA HOSPITALITIES PRIVATE LIMITED |
Active
|
1.0 L | 1 | Gujarat |
| NIRJA FINCON PRIVATE LIMITED |
Active
|
1.0 L | 1 | Gujarat |
| RAJKOT. NET PRIVATE LIMITED |
Active
|
1.0 L | 1 | Gujarat |
| ARIPLUTUS METALS PRIVATE LIMITED |
Active
|
1.0 L | 2 | Gujarat |
| SAVALIA DEVELOPERS PRIVATE LIMITED |
Active
|
1.0 L | 1 | Maharashtra |
| VIRMIT JEWELS PRIVATE LIMITED |
Active
|
5.0 L | 2 | Gujarat |
| LODHIYA FOUNDATION |
Active
|
1.0 L | 2 | Gujarat |
| VASUNDHARA OWNERS ASSOCIATION |
Active
|
0.0 | 2 | Gujarat |
| SHREEJI ORNAMENTS PRIVATE LIMITED |
Active
|
2.5 Cr | 1 | Gujarat |
| SALACIA EXIM PRIVATE LIMITED |
Active
|
1.0 L | 2 | Gujarat |
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The incorporation date of SOVEREIGN METALS LIMITED is 24 February, 2012
The authorized share capital of SOVEREIGN METALS LIMITED is INR ₹ 60.6 Cr.
The paid-up capital of SOVEREIGN METALS LIMITED is INR ₹ 60.6 Cr.
The registered address of SOVEREIGN METALS LIMITED is Plot No. 35p, 36p, 37p, 38 & 40B, Phase - 3, Naroda,G.I.D.C, Ahmedabad, Gujarat, India, 382330 - 382330
The CIN number of SOVEREIGN METALS LIMITED is U27109GJ2012PLC069162.