MH Natural Resources Private Limited
About MH Natural Resources Private Limited
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MH Natural Resources Private Limited is a private limited company based in Ahmedabad, Gujarat, India, a subsidiary of Adani Enterprises Limited. It operates in the mining and mineral extraction segment of the metals and mining sector. It was incorporated on 29 July 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U14296GJ2019PTC109304. Its GSTIN is 24AAHCG9258J1Z6 (Gujarat). The company holds 3 GST registrations, all of them active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Gare Pelma Ii Mining Private Limited. It is led by directors including Amitabh Mishra and Vaibhav Balkrishna Alshi.
Its last annual general meeting (AGM) was held on 14 June 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at Ahmedabad, Gujarat.
As per the financials filed for FY 2026, the company reported a revenue of ₹20.95 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹80.66 Lakh (net margin 3.9%) and EBITDA of ₹80.67 Lakh (EBITDA margin 3.9%).
The company has about 2 employees on its provident fund (EPFO) records.
Company details
Contact details
MH Natural Resources Private Limited's registered office is in Ahmedabad, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Social Media
- Registered AddressAdani Corporate House Shantigram Near Vaishno Devi Circle S. G. Highway, Khodiyar, Ahmedabad, Gujarat, India – 382421
- IndustryMetals and Minerals, Mining & Mineral Extraction
To see the full contact details of MH Natural Resources 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 MH Natural Resources Private Limited
FY 2026 filings availableMH Natural Resources Private Limited reported revenue of ₹20.95 Cr (up 1102505% YoY) for FY 2026.
Financial Statement Summary
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹20.95 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹80.67 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹80.66 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
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| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
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Financial Ratios
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 3.9% | ||||
| Net Profit Margin | 3.9% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
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| Quick Ratio | |||||
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| Efficiency and Growth | |||||
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| Receivable Days | |||||
| Payable Days | |||||
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To see the full financial statements and ratios of MH Natural Resources Private Limited, buy the company report.
Board of directors of MH Natural Resources Private Limited
MH Natural Resources has 3 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Amitabh Mishra Also directs: Talabira (Odisha) Mining Limited, MH Natural Resources Limited, Gare Pelma III Collieries Limited and 5 more | Director | 05 Jan 2024 | 2 Years 10 Months | Current |
| Vaibhav Balkrishna Alshi Also directs: Jhar Mining Infra Limited, MH Natural Resources Limited, MP Natural Resources Private Limited and 5 more | Director | 18 Apr 2024 | 2 Years 6 Months | Current |
| Alok Jain Also directs: Rajasthan Collieries Limited, Jhar Mining Infra Limited, Parsa Kente Collieries Limited and 5 more | Director | 18 Jun 2024 | 2 Years 4 Months | Current |
Auditor
MH Natural Resources Private Limited is audited by Dharmesh Parikh & Co LLP for the financial year 2026.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Dharmesh Parikh & Co LLP | FY 2026 | 112054W/W100725 |
Shareholding
The shareholding of MH Natural Resources Private Limited is on record for 5 financial years, the latest being FY 2025, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of MH Natural Resources Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving MH Natural Resources Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
MH Natural Resources Private Limited has 3 MSME Form 1 returns on record between 2020 and 2021, listing 10 overdue payments to 2 micro and small suppliers. 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 (2 of 2)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Dharmesh Parikh and Company | |||
| an individual supplier |
To see the full MSME payment records of MH Natural Resources Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
MH Natural Resources has 3 GST registrations: 3 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAHCG9258J1Z6 | Gujarat | Active | 31 Aug 2019 |
| 22AAHCG9258J1ZA | Chhattisgarh | Active | 18 Sep 2019 |
| 27AAHCG9258J1Z0 | Maharashtra | Active | 29 Aug 2023 |
To see the full GST registrations and return filing status of MH Natural Resources Private Limited, buy the company report.
Recent activity
MH Natural Resources Private Limited has 13 board changes on record since 2021: 3 appointments and 10 cessations. The latest: Alok Jain ceased to be Additional Director on 13 Jun 2025.
4 earlier events are in the company report.
Frequently asked questions
MH Natural Resources is an active private limited company based in Ahmedabad, Gujarat, India. The company works in mining and mineral extraction, within the metals and minerals industry. It was incorporated on 29 July 2019 (7+ years old) and is registered under CIN U14296GJ2019PTC109304.
MH Natural Resources has 3 current directors:
- Amitabh Mishra - Director
- Vaibhav Balkrishna Alshi - Director
- Alok Jain - Director
The latest financial statements of MH Natural Resources on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 14 June 2025. Year-wise statements from FY 2020 are in the company report.
The GSTIN of MH Natural Resources is 24AAHCG9258J1Z6, registered in Gujarat. The company has 3 GST registrations in all, of which 3 are active. Other active GSTINs include 22AAHCG9258J1ZA (Chhattisgarh), 27AAHCG9258J1Z0 (Maharashtra).
The CIN (Corporate Identification Number) of MH Natural Resources is U14296GJ2019PTC109304. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
MH Natural Resources was incorporated on 29 July 2019, making it 7+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Alok Jain ceased to be Additional Director on 13 Jun 2025. Alok Jain was appointed as Director on 18 Jun 2024. Amitabh Mishra ceased to be Additional Director on 13 Jun 2024. MH Natural Resources has 13 board changes on record in total.
MH Natural Resources has 3 MSME Form 1 returns on record between 2020 and 2021, listing 10 overdue payments to 2 micro and small suppliers. The latest return was filed on 25 Apr 2021.
The registered office of MH Natural Resources is at Adani Corporate House Shantigram Near Vaishno Devi Circle S. G. Highway, Khodiyar, Ahmedabad, Gujarat, India – 382421.
MH Natural Resources operates in the metals and minerals industry, in the mining and mineral extraction segment.
Yes. MH Natural Resources was formerly known as Gare Pelma Ii Mining Private Limited.
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