MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-GJ-20-0009572
Madhav Wire Private Limited - manufacturing in Rajkot, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹3.52 Cr
▼ 33% YoY
Net profit · FY 2024
₹3.09 Lakh
Net margin 0.9%
EBITDA · FY 2024
₹14.59 Lakh
EBITDA margin 4.2%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
12 yrs
Est. 2014
Directors on board
2
As per MCA filings
Active GSTINs
1
GST registered
About Madhav Wire Private Limited
Data last updated:
Madhav Wire Private Limited is a private limited company based in Rajkot, Gujarat, India. It operates in the cable and wire segment of the manufacturing sector. It was incorporated on 28 July 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U27104GJ2014PTC080266. Its GSTIN is 24AAJCM3067B1ZS (Gujarat).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Kalpesh Jayantilal Gajera and Snehalben Kalpeshbhai Gajera.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Kothariya R.S.No. 236 Paiki Plot No. 2 & 7 Near Old Tall Naka Kothariya, Rajkot, Gujarat, India – 360002.
As per the financials filed for FY 2024, the company reported a revenue of ₹3.52 Cr, a decline of 33% compared to the previous year. For the same year it recorded a net profit of ₹3.09 Lakh (net margin 0.9%) and EBITDA of ₹14.59 Lakh (EBITDA margin 4.2%). Revenue has declined at a compounded annual rate (CAGR) of 7% over three years and 8% over five years.
Madhav Wire Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-20-0009572). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website falconwires.com.
Company Details of Madhav Wire Private Limited
CIN U27104GJ2014PTC080266
Registration Number 080266
Incorporation Date 28 July 2014
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-GJ-20-0009572
Recognitions & Rankings of Madhav Wire
Contact Details
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressKothariya R.S.No. 236 Paiki Plot No. 2 & 7 Near Old Tall Naka Kothariya, Rajkot, Gujarat, India – 360002
- IndustryManufacturing, Cable & Wire
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Business Activity of Madhav Wire Private Limited
The main business activity of Madhav Wire is manufacturing. In detail, this covers other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C13 | Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities | Locked |
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Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
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Financials of Madhav Wire Private Limited FY 2025 filings available
Madhav Wire Private Limited reported revenue of ₹3.52 Cr (down 33% YoY) for FY 2024.
Revenue · FY 2024
₹3.52 Cr ▼ 33%
Net profit · FY 2024
₹3.09 Lakh margin 0.9%
EBITDA · FY 2024
₹14.59 Lakh margin 4.2%
Compounded Annual Growth Rate (CAGR) of Madhav Wire Private Limited
Revenue CAGR growth
1 year
▼ 33%
3 years · compounded
▼ 7%
5 years · compounded
▼ 8%
EBITDA CAGR growth
1 year
▼ 34%
3 years · compounded
▼ 6%
5 years · compounded
▼ 5%
Revenue has declined at a compounded annual rate (CAGR) of 8% over five years, including a 33% fall in the latest year. EBITDA fell 34% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary of Madhav Wire Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹14.59 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹3.09 Lakh | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Madhav Wire Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 4.2% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 0.9% | •••• | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• | •••• |
| Liquidity and Debt | |||||
| Current Ratio | •••• | •••• | •••• | •••• | •••• |
| Quick Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• | •••• | •••• |
| Inventory Days | •••• | •••• | •••• | •••• | •••• |
| Revenue Growth | •••• | •••• | •••• | •••• | •••• |
| Net Profit Growth | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Madhav Wire are in the company report.
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Financial statements from 2015
Earlier years and trend charts are in the company report.
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Board of Directors of Madhav Wire Private Limited
Madhav Wire has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kalpesh Jayantilal Gajera | Director | 28 Jul 2014 | 12 Years 2 Months | Current |
| Snehalben Kalpeshbhai Gajera | Director | 28 Jul 2014 | 12 Years 2 Months | Current |
Peer Comparison of Madhav Wire Private Limited
Madhav Wire Private Limited is compared with the companies closest to it by revenue in the Manufacturing industry (Cables and Wires). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Sturdy Industries Limited Listed | ₹3.6 Cr (FY 2023) | •••• | •••• | -82.0% | •••• | Solan, Himachal Pradesh, India |
| Continental Conductors Pvt Ltd | ₹3.54 Cr (FY 2025) | •••• | •••• | 38.0% | •••• | Delhi, India |
| Tumkur Conductors Private Limited | ₹3.52 Cr (FY 2024) | •••• | •••• | -18.0% | •••• | Bangalore, Karnataka, India |
| Jotwire India Private Limited | ₹3.52 Cr (FY 2025) | •••• | •••• | 118.0% | •••• | Gurugram, Haryana, India |
| Heena Wire Private Limited | ₹3.52 Cr (FY 2024) | •••• | •••• | -13.0% | •••• | Ahmedabad, Gujarat, India |
| Madhav Wire Private Limited this company | ₹3.52 Cr (FY 2024) | •••• | •••• | -33.0% | •••• | Rajkot, Gujarat, India |
| Sunarc Welding Electrodes Private Limited | ₹3.51 Cr (FY 2024) | •••• | •••• | 23.0% | •••• | Por, Gujarat, India |
| Mahajan Wires Pvt Ltd | ₹3.5 Cr (FY 2025) | •••• | •••• | 2479.0% | •••• | Ludhiana, Punjab, India |
| Elektrisola India Private Limited | ₹3.48 Cr (FY 2025) | •••• | •••• | -8.0% | •••• | Mumbai, Maharashtra, India |
| Aamor Wires Private Limited | ₹3.47 Cr (FY 2025) | •••• | •••• | -76.0% | •••• | Delhi, India |
| Unigalax Multitrade Private Limited | ₹3.46 Cr (FY 2025) | •••• | •••• | -95.0% | •••• | Agra, Uttar Pradesh, India |
Peers are the five companies nearest above and the five nearest below Madhav Wire by revenue in the Manufacturing industry (Cables and Wires), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Madhav Wire Private Limited
Madhav Wire Private Limited is audited by DOMADIA PATEL & ASSOCIATES for the financial year 2018.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| DOMADIA PATEL & ASSOCIATES | Locked | Locked | Locked |
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Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
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Ownership and Shareholding of Madhav Wire Private Limited
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Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
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Charges & Borrowings of Madhav Wire Private Limited
Madhav Wire Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Madhav Wire Private Limited
Employment history and EPFO contributions of people linked to Madhav Wire.
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Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
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Recent Activity on Madhav Wire Private Limited
Madhav Wire Private Limited has 2 board changes on record since 2014: 2 appointments. The latest: Kalpesh Jayantilal Gajera was appointed as Director on 28 Jul 2014.
AGM
Madhav Wire Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Madhav Wire Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Appointed
Kalpesh Jayantilal Gajera was appointed as Director.
Appointed
Snehalben Kalpeshbhai Gajera was appointed as Director.
Incorporation
28 Jul 2014
Madhav Wire Private Limited was registered on 28 Jul 2014 with Roc Ahmedabad & aged 12 years 2 months as per MCA records.
Credit Ratings, Litigation & Regulatory Alerts for Madhav Wire Private Limited
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Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
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MSME Payment Delays by Madhav Wire Private Limited
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MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
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Subsidiaries & Group Companies of Madhav Wire Private Limited
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Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
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GST Compliance of Madhav Wire Private Limited
Madhav Wire has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAJCM3067B1ZS | Gujarat | Active | 01 Jul 2017 |
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MCA Filings & Documents of Madhav Wire Private Limited
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Frequently Asked Questions about Madhav Wire Private Limited
Madhav Wire is an active private limited company based in Rajkot, Gujarat, India. The company works in cable and wire, within the manufacturing industry. It was incorporated on 28 July 2014 (12+ years old) and is registered under CIN U27104GJ2014PTC080266.
Madhav Wire reported revenue of ₹3.52 Cr for FY 2024 (down 33% YoY).
Madhav Wire has 2 current directors:
- Kalpesh Jayantilal Gajera - Director
- Snehalben Kalpeshbhai Gajera - Director
Madhav Wire reported a net profit of ₹3.09 Lakh (net margin 0.9%) and EBITDA of ₹14.59 Lakh (EBITDA margin 4.2%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Madhav Wire is -7% over three years and -8% over five years. In the latest year (FY 2024) revenue fell 33%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Madhav Wire is 24AAJCM3067B1ZS, registered in Gujarat.
The CIN (Corporate Identification Number) of Madhav Wire is U27104GJ2014PTC080266. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Madhav Wire was incorporated on 28 July 2014, making it 12+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Madhav Wire by revenue are Sturdy Industries Limited, Continental Conductors Pvt Ltd, Tumkur Conductors Private Limited, Jotwire India Private Limited, Heena Wire Private Limited and 5 more, all in the Manufacturing industry (Cables and Wires).
Kalpesh Jayantilal Gajera was appointed as Director on 28 Jul 2014. Snehalben Kalpeshbhai Gajera was appointed as Director on 28 Jul 2014.
Yes, Madhav Wire is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-20-0009572).