Mahico Private Limited
About Mahico Private Limited
Data last updated:
Mahico Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the financial services and investment segment of the financial services sector. It was incorporated on 02 September 1960 and has been in existence for over 66 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U24100MH1960PTC011801.
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹45.5 Lakh. It is led by directors including Rupa Jaysinh Doshi and Jaysinh Manilal Doshi.
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 3/11 Gobind Mahal 3rd Floor 86 – B Marine Drive, Mumbai, Maharashtra, India – 400002.
As per the financials filed for FY 2025, the company reported a revenue of ₹25.65 Lakh, a decline of 27% compared to the previous year. For the same year it recorded a net profit of ₹75,244 (net margin 2.9%) and EBITDA of ₹14.53 Lakh (EBITDA margin 56.7%). Revenue has declined at a compounded annual rate (CAGR) of 15% over three years and 26% over five years.
Court records list 17 cases involving the company, including 7 filed by the company and 10 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Mahico Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address3/11 Gobind Mahal 3rd Floor 86 – B Marine Drive, Mumbai, Maharashtra, India – 400002
- IndustryFinancial Services, Financial Activities
To see the full contact details of Mahico Private Limited, 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
Financials of Mahico Private Limited
FY 2025 filings availableMahico Private Limited reported revenue of ₹25.65 Lakh (down 27% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 26% over five years, including a 27% fall in the latest year. EBITDA fell 40% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | ₹14.53 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹75,244 | ||||
| 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 56.7% | ||||
| Net Profit Margin | 2.9% | ||||
| 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 | |||||
To see the full financial statements and ratios of Mahico Private Limited, buy the company report.
Board of directors of Mahico Private Limited
Mahico has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Gaurav Jaysinh Doshi | Additional Director | 06 Aug 2014 | 12 Years 2 Months | Current |
| Rupa Jaysinh Doshi Also directs: Manilal Hiralal and Co Private Limited | Director | 20 Nov 1967 | 58 Years 11 Months | Current |
| Jaysinh Manilal Doshi Also directs: Manilal Hiralal and Co Private Limited | Director | 20 Nov 1967 | 58 Years 11 Months | Current |
Peer comparison
Mahico Private Limited is compared with the 4 companies closest to it by revenue in the BFSI industry (Broking Services), with the same principal business activity (other financial activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Prodigy Finvest Pvt Ltd | ₹25.72 Lakh (FY 2024) | 50.0% | Mumbai, Maharashtra, India | |||
| Mahico Private Limitedthis company | ₹25.65 Lakh (FY 2025) | ₹75,244 | 2.9% | -27.0% | Mumbai, Maharashtra, India | |
| Easy Pack Pvt Ltd | ₹25.62 Lakh (FY 2025) | -1.0% | Kolkata, West Bengal, India | |||
| Outcome Tie-Up Private Limited | ₹25.59 Lakh (FY 2025) | 7.0% | Kolkata, West Bengal, India | |||
| Alfa Mercantile Ltd | ₹25.55 Lakh (FY 2025) | -55.0% | New Delhi, Delhi, India |
To see the full peer comparison of Mahico Private Limited, buy the company report.
Auditor
Mahico Private Limited is audited by Gupta Rustagi & Co. for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Gupta Rustagi & Co. | FY 2017 | 128701W |
Shareholding
The shareholding of Mahico Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Mahico Private Limited, buy the company report.
Legal cases
Mahico Private Limited has 17 court cases on record: 7 filed by Mahico, 10 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 11 | 6 | 0 |
| Supreme Court | 4 | 3 | 0 |
| District courts | 2 | 1 | 0 |
Cases on record (5 of 17)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Maharashtra Industrial and Lab, Maharashtra | Court case (Appln IDA) | Filed against the company by an individual | Disposed |
| Bombay High Court | Court case (APP) | Filed by the company against an individual | Disposed |
| Supreme Court | Court case (1100-Arbitration Matters : SLPs challenging Arbitration Matters) | Filed against the company by an individual | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (S S) | Filed by the company against an individual | Disposed |
| Bombay High Court | Court case (EXA) | Filed by the company against an individual | Disposed |
To see the full case history of Mahico Private Limited, 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
No delayed payments to MSME suppliers are on our record for Mahico Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Mahico Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Mahico Private Limited has 3 board changes on record since 1967: 3 appointments. The latest: Gaurav Jaysinh Doshi was appointed as Additional Director on 06 Aug 2014.
Frequently asked questions
Mahico is an active private limited company based in Mumbai, Maharashtra, India. The company works in financial activities, within the financial services industry. It was incorporated on 02 September 1960 (66+ years old) and is registered under CIN U24100MH1960PTC011801.
Mahico has 3 current directors:
- Gaurav Jaysinh Doshi - Additional Director
- Rupa Jaysinh Doshi - Director
- Jaysinh Manilal Doshi - Director
The latest financial statements of Mahico on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Mahico is U24100MH1960PTC011801. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mahico has 17 court cases on record: 7 filed by the company and 10 filed against it. Most are in the high courts.
Mahico was incorporated on 02 September 1960, making it 66+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Mahico by revenue are Prodigy Finvest Pvt Ltd, Easy Pack Pvt Ltd, Outcome Tie-Up Private Limited, Alfa Mercantile Ltd, all in the BFSI industry (Broking Services), with the same principal business activity (other financial activities).
Gaurav Jaysinh Doshi was appointed as Additional Director on 06 Aug 2014. Jaysinh Manilal Doshi was appointed as Director on 20 Nov 1967. Rupa Jaysinh Doshi was appointed as Director on 20 Nov 1967.
The registered office of Mahico is at 311 Gobind Mahal 3rd Floor 86 – B Marine Drive, Mumbai, Maharashtra, India – 400002.
Mahico operates in the financial services industry, in the financial activities segment.
The compliance status of Mahico is compliant as of 16 July 2026. The company is actively filing with the Registrar of Companies.