About Mahatma Phule Backward Class Development Corporation Ltd
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Mahatma Phule Backward Class Development Corporation Ltd is a private limited state government company based in Mumbai, Maharashtra, India. It operates in the diversified financial services segment of the financial services sector. It was incorporated on 10 July 1978 and has been in existence for over 48 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH1978SGC020479. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹1,000 Cr and a paid-up capital of ₹500 Cr. It is led by directors including Babasaheb Jalindhar Beldar (Managing Director) and Prabhat Kumar Singh.
Its last annual general meeting (AGM) was held on 29 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at Thackeracy House 2nd Floor J.N. Heredia Road Ballard Estate, Mumbai, Maharashtra, India – 400001.
As per the financials filed for FY 2022, the company reported a revenue of ₹53.93 Cr. For the same year it recorded a net profit of ₹15.33 Cr (net margin 28.4%) and EBITDA of ₹16.92 Cr (EBITDA margin 31.4%). Revenue has declined at a compounded annual rate (CAGR) of 15% over three years and 5% over five years.
Court records list 22 cases involving the company, including 4 filed by the company and 18 filed against it; 7 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website sjsa.maharashtra.gov.in.
Company details
CIN history
Mahatma Phule Backward Class Development Corporation has one previous CIN (Corporate Identification Number): U74999MH1978PTC020479. The current CIN is U74999MH1978SGC020479, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74999MH1978SGC020479 | Current |
| U74999MH1978PTC020479 | Previous |
Contact details
Mahatma Phule Backward Class Development Corporation Ltd's registered office is in Mumbai, Maharashtra. Its website is sjsa.maharashtra.gov.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressThackeracy House 2nd Floor J.N. Heredia Road Ballard Estate, Mumbai, Maharashtra, India – 400001
- IndustryFinancial Services, Diversified Financial Services
To see the full contact details of Mahatma Phule Backward Class Development Corporation Ltd, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Business activity
The main business activity of Mahatma Phule Backward Class Development Corporation is support service to organizations. In detail, this covers other support services to organizations.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Support service to Organizations | N7 | Other support services to organizations |
To see the full business activity and turnover split of Mahatma Phule Backward Class Development Corporation Ltd, buy the company report.
Financials of Mahatma Phule Backward Class Development Corporation Ltd
FY 2021 filings availableMahatma Phule Backward Class Development Corporation Ltd reported revenue of ₹53.93 Cr for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 5% over five years. EBITDA fell 30% 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
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
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| EBITDA | ₹16.92 Cr | ||||
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| Net Profit (PAT) | ₹15.33 Cr | ||||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 31.4% | ||||
| Net Profit Margin | 28.4% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Mahatma Phule Backward Class Development Corporation Ltd, buy the company report.
Board of directors of Mahatma Phule Backward Class Development Corporation Ltd
Mahatma Phule Backward Class Development Corporation has 5 current directors and 25 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Prabhat Kumar Singh | Nominee Director | 20 Dec 2021 | 4 Years 10 Months | Current |
| Prabhat Tyagi | Nominee Director | 21 Apr 2025 | 1 Years 6 Months | Current |
| Babasaheb Jalindhar Beldar | Managing Director | 24 Jun 2025 | 1 Years 4 Months | Current |
| Deepa Vishwas Mudhol Munde Also directs: Dr. Babasaheb Ambedkar Samata Pratishthan | Nominee Director | 17 Jul 2025 | 1 Years 3 Months | Current |
| Varsha Gunvantrao Deshmukh Also directs: Holar Samaj Economic Development Corporation Limited | Nominee Director | 06 Jun 2024 | 2 Years 4 Months | Current |
Auditor
Mahatma Phule Backward Class Development Corporation Ltd is audited by JESWANI & RATHORE CHARTERED ACCOUNTANTS for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| JESWANI & RATHORE CHARTERED ACCOUNTANTS | FY 2021 | 104202W |
Shareholding
The shareholding of Mahatma Phule Backward Class Development Corporation Ltd is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Mahatma Phule Backward Class Development Corporation Ltd, buy the company report.
Legal cases
Mahatma Phule Backward Class Development Corporation Ltd has 22 court cases on record: 4 filed by Mahatma Phule Backward Class Development Corporation, 18 filed against it. 7 cases are pending and 15 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 20 | 16 | 6 |
| District courts | 1 | 1 | 0 |
| Supreme Court | 1 | 1 | 1 |
Cases on record (5 of 22)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Company petition | Filed against the company | Pending |
| High Court, MAHARASHTRA | Writ petition | Filed against the company by an individual | Pending |
| Supreme Court | Court case (3801-Matters Relating To Consumer Protection : Appeals u/s 23 of Consumer Protection Act, 1986.) | Filed against the company by Bank of Baroda (Previously Known As Dena Bank) Branch Office at : Malabar Hills, Asmita Building, 204, Walkeshwar ,Mumbai , Maharashtra and 1 other | Pending |
| Bombay High Court | Writ petition | Filed by the company against The State of Mah and Anr | Pending |
| Bombay High Court | Appeal | Filed against the company by an individual | Pending |
To see the full case history of Mahatma Phule Backward Class Development Corporation Ltd, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
Mahatma Phule Backward Class Development Corporation Ltd has 8 MSME Form 1 returns on record between 2021 and 2023, listing 8 overdue payments to 1 micro and small supplier. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (1 of 1)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier |
To see the full MSME payment records of Mahatma Phule Backward Class Development Corporation Ltd, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Mahatma Phule Backward Class Development Corporation has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Mahatma Phule Backward Class Development Corporation Ltd, buy the company report.
Recent activity
Mahatma Phule Backward Class Development Corporation Ltd has 53 board changes on record since 2004: 29 appointments and 24 cessations. The latest: Deepa Vishwas Mudhol Munde was appointed as Nominee Director on 17 Jul 2025.
44 earlier events are in the company report.
Frequently asked questions
Mahatma Phule Backward Class Development Corporation is an active private limited state government company based in Mumbai, Maharashtra, India. The company works in diversified financial services, within the financial services industry. It was incorporated on 10 July 1978 (48+ years old) and is registered under CIN U74999MH1978SGC020479.
Mahatma Phule Backward Class Development Corporation has 5 current directors:
- Babasaheb Jalindhar Beldar - Managing Director
- Prabhat Kumar Singh - Nominee Director
- Prabhat Tyagi - Nominee Director
- Deepa Vishwas Mudhol Munde - Nominee Director
- Varsha Gunvantrao Deshmukh - Nominee Director
The latest financial statements of Mahatma Phule Backward Class Development Corporation on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 29 November 2021. Year-wise statements from 2015 are in the company report.
No. Mahatma Phule Backward Class Development Corporation has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Mahatma Phule Backward Class Development Corporation is U74999MH1978SGC020479. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mahatma Phule Backward Class Development Corporation has 22 court cases on record: 4 filed by the company and 18 filed against it. 7 are pending. Most are in the high courts.
Mahatma Phule Backward Class Development Corporation was incorporated on 10 July 1978, making it 48+ years old. It is registered with the Registrar of Companies, Mumbai.
Deepa Vishwas Mudhol Munde was appointed as Nominee Director on 17 Jul 2025. Om Prakash Bakoria ceased to be Nominee Director on 11 Jul 2025. Babasaheb Jalindhar Beldar was appointed as Managing Director on 24 Jun 2025. Mahatma Phule Backward Class Development Corporation has 53 board changes on record in total.
Mahatma Phule Backward Class Development Corporation has 8 MSME Form 1 returns on record between 2021 and 2023, listing 8 overdue payments to 1 micro and small supplier. The latest return was filed on 18 Dec 2023.
Mahatma Phule Backward Class Development Corporation can be reached through the website sjsa.maharashtra.gov.in. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Mahatma Phule Backward Class Development Corporation is at Thackeracy House 2nd Floor J.N. Heredia Road Ballard Estate, Mumbai, Maharashtra, India – 400001.
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