Maitri Solutions Limited
About Maitri Solutions Limited
Data last updated:
Maitri Solutions Limited is a public limited company based in Mumbai, Maharashtra, India. It operates in the automobile dealership and trading segment of the automotive sector. It was incorporated on 07 June 2000 and has been in existence for over 26 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U72900MH2000PLC127048.
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹20.12 Lakh. It is led by directors including Hemraj Gangji Chheda and Bhagwati Hemraj Chheda.
Its last annual general meeting (AGM) was held on 24 July 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 102 Ranjit Studio A Building D.S.Phalke Road Dadar – East, Mumbai, Maharashtra, India – 400014.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.65 Lakh, a decline of 79% compared to the previous year. For the same year it recorded a net profit of ₹545 (net margin 0.3%) and EBITDA of ₹43,068 (EBITDA margin 26.1%). Revenue has declined at a compounded annual rate (CAGR) of 83% over three years and 33% over five years.
Court records list 2 cases involving the company, including 2 filed by the company.
The current compliance status is marked as compliant by the Registrar of Companies.
- EmailLocked
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- WebsiteLocked
- Social MediaLocked
- Registered Address102 Ranjit Studio A Building D.S.Phalke Road Dadar – East, Mumbai, Maharashtra, India – 400014
- IndustryAutomotive, Auto Dealership & Trading
- 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
- One PDF report, delivered after checkout
Business Activity of Maitri Solutions Limited
The main business activity of Maitri Solutions is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | 62 | Computer programming, consultancy and related activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Maitri Solutions Limited FY 2025 filings available
Maitri Solutions Limited reported revenue of ₹1.65 Lakh (down 79% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Maitri Solutions Limited
Revenue has declined at a compounded annual rate (CAGR) of 33% over five years, including a 79% fall in the latest year. EBITDA fell 25% 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 Maitri Solutions Limited
| 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 | ₹43,068 | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹545 | •••• | •••• | •••• | •••• |
| 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 Maitri Solutions Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 26.1% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 0.3% | •••• | •••• | •••• | •••• |
| 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 Maitri Solutions are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Maitri Solutions Limited
Maitri Solutions Limited is compared with the companies closest to it by revenue in the Automobiles industry (Auto and Components Dealers). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Shri Vedanga Innovations Private Limited | ₹1.74 Lakh (FY 2024) | •••• | •••• | -98.0% | •••• | Jaipur, Rajasthan, India |
| Performance Megacorp Private Limited | ₹1.7 Lakh (FY 2022) | •••• | •••• | -78.0% | •••• | Hyderabad, Telangana, India |
| Bahri Motors Private Limited | ₹1.7 Lakh (FY 2024) | •••• | •••• | 122.0% | •••• | Delhi, India |
| Ready Wheels Automobile Private Limited | ₹1.68 Lakh (FY 2022) | •••• | •••• | 11.0% | •••• | Kolkata, West Bengal, India |
| Mymotoco Autotech Private Limited | ₹1.67 Lakh (FY 2024) | •••• | •••• | •••• | Bhorakalan, Haryana, India | |
| Maitri Solutions Limited this company | ₹1.65 Lakh (FY 2025) | •••• | •••• | -79.0% | •••• | Mumbai, Maharashtra, India |
| Heer Auto Private Limited | ₹1.62 Lakh (FY 2022) | •••• | •••• | -92.0% | •••• | Vapi, Gujarat, India |
| Ads Auto Tech India Private Limited | ₹1.61 Lakh (FY 2023) | •••• | •••• | •••• | Chandigarh, India | |
| Shreeram Motors Private Limited | ₹1.6 Lakh (FY 2018) | •••• | •••• | -47.0% | •••• | Mumabi, Maharashtra, India |
| Kimi Motors Private Limited | ₹1.6 Lakh (FY 2025) | •••• | •••• | -96.0% | •••• | Navi Mumbai, Maharashtra, India |
| JMK Auto Private Limited | ₹1.6 Lakh (FY 2025) | •••• | •••• | -98.0% | •••• | South Delhi, Delhi, India |
Peers are the five companies nearest above and the five nearest below Maitri Solutions by revenue in the Automobiles industry (Auto and Components Dealers), 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 Maitri Solutions Limited
Maitri Solutions Limited is audited by ROHITMULCHANDSAVLA for the financial year 2017.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| ROHITMULCHANDSAVLA | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Maitri Solutions Limited
Maitri Solutions has 3 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Hemraj Gangji Chheda | Director | 19 Mar 2020 | 6 Years 6 Months | Current |
| Bhagwati Hemraj Chheda Also directs: Amitech Adhesives Pvt Ltd, Silgate Solutions Limited | Director | 19 Dec 2025 | 0 Years 9 Months | Current |
| Maitri Hemraj Chheda | Director | 06 Feb 2006 | 20 Years 8 Months | Current |
Ownership and Shareholding of Maitri Solutions Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Maitri Solutions Limited
Maitri Solutions Limited does not have any charges (loans) registered with the Registrar of Companies.
Legal Cases of Maitri Solutions Limited
Maitri Solutions Limited has 2 court cases on record: 2 filed by Maitri Solutions. All cases are disposed. Status as checked between 01 Oct 2026 and 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 0 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Court case (CAW) | Filed by the company against Maharashtra Industrial Development Corporation | Disposed |
| Bombay High Court | Writ petition | Filed by the company against Maharashtra Industrial Development Corporation | Disposed |
Full case history
All 2 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Employees and EPFO Compliance at Maitri Solutions Limited
Employment history and EPFO contributions of people linked to Maitri Solutions.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Maitri Solutions Limited
Maitri Solutions Limited has 10 board changes on record since 2006: 4 appointments and 6 cessations. The latest: Bhagwati Hemraj Chheda was appointed as Director on 19 Dec 2025.
1 earlier event is listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Maitri Solutions Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Maitri Solutions Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Maitri Solutions Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Maitri Solutions Limited
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Maitri Solutions Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Maitri Solutions Limited
Maitri Solutions is an active public limited company based in Mumbai, Maharashtra, India. The company works in auto dealership and trading, within the automotive industry. It was incorporated on 07 June 2000 (26+ years old) and is registered under CIN U72900MH2000PLC127048.
Maitri Solutions reported revenue of ₹1.65 Lakh for FY 2025 (down 79% YoY).
Maitri Solutions has 3 current directors:
- Hemraj Gangji Chheda - Director
- Bhagwati Hemraj Chheda - Director
- Maitri Hemraj Chheda - Director
Maitri Solutions reported a net profit of ₹545 (net margin 0.3%) and EBITDA of ₹43,068 (EBITDA margin 26.1%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Maitri Solutions is -83% over three years and -33% over five years. In the latest year (FY 2025) revenue fell 79%. CAGR is the steady yearly rate that links the first and the last year.
The CIN (Corporate Identification Number) of Maitri Solutions is U72900MH2000PLC127048. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Maitri Solutions has 2 court cases on record: 2 filed by the company.
Maitri Solutions was incorporated on 07 June 2000, making it 26+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Maitri Solutions by revenue are Shri Vedanga Innovations Private Limited, Performance Megacorp Private Limited, Bahri Motors Private Limited, Ready Wheels Automobile Private Limited, Mymotoco Autotech Private Limited and 5 more, all in the Automobiles industry (Auto and Components Dealers).
Bhagwati Hemraj Chheda was appointed as Director on 19 Dec 2025. Raghunath Mahadev Salvi ceased to be Director on 19 Dec 2025. Raj Maganlal Shah ceased to be Director on 12 Dec 2025. Maitri Solutions has 10 board changes on record in total.
The registered office of Maitri Solutions is at 102 Ranjit Studio A Building D.S.Phalke Road Dadar – East, Mumbai, Maharashtra, India – 400014.