MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MH-26-0170102
Midgules Private Limited - chemicals and materials in Pune, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹1.82 Lakh
▼ 91% YoY
Net loss · FY 2025
₹1.11 Lakh
Net margin -60.7%
EBITDA · FY 2025
-₹18,079
EBITDA margin -9.9%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
9 yrs
Est. 2017
Directors on board
3
As per MCA filings
Active GSTINs
1
GST registered
About Midgules Private Limited
Data last updated:
Midgules Private Limited is a private limited company based in Pune, Maharashtra, India. It operates in the aromatics and benzene derivatives segment of the chemicals and materials sector. It was incorporated on 08 February 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U29300PN2017PTC168763. Its GSTIN is 27AAKCM8007C1ZL (Maharashtra).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Amit Midgule Dnyaneshwar and Rupali Amit Midgule.
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 Gno 352 A/P Midgulwadi Tal Shirur, Pune, Maharashtra, India – 412208.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.82 Lakh, a decline of 91% compared to the previous year. For the same year it recorded a net loss of ₹1.11 Lakh (net margin -60.7%) and EBITDA of -₹18,079 (EBITDA margin -9.9%). Revenue has declined at a compounded annual rate (CAGR) of 60% over three years and 43% over five years.
Midgules Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-26-0170102). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website midgules.com.
Company Details of Midgules Private Limited
CIN U29300PN2017PTC168763
Registration Number 168763
Incorporation Date 08 February 2017
ROC Pune
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 Micro
Udyam Registration UDYAM-MH-26-0170102
Key People
Amit Midgule Dnyaneshwar Director Rupali Amit Midgule Director Sarika Sanjay Bodake Director Recognitions & Rankings of Midgules
Contact Details
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressGno 352 A/P Midgulwadi Tal Shirur, Pune, Maharashtra, India – 412208
- IndustryChemicals and Materials, Aromatics & Benzene Derivatives
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Business Activity of Midgules Private Limited
The main business activity of Midgules 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 Midgules Private Limited FY 2025 filings available
Midgules Private Limited reported revenue of ₹1.82 Lakh (down 91% YoY) for FY 2025.
Revenue · FY 2025
₹1.82 Lakh ▼ 91%
Net loss · FY 2025
₹1.11 Lakh margin -60.7%
EBITDA · FY 2025
-₹18,079 margin -9.9%
Compounded Annual Growth Rate (CAGR) of Midgules Private Limited
Revenue CAGR growth
1 year
▼ 91%
3 years · compounded
▼ 60%
5 years · compounded
▼ 43%
EBITDA CAGR growth
1 year
▼ 228%
3 years · compounded
▼ 884%
5 years · compounded
▼ 16%
Revenue has declined at a compounded annual rate (CAGR) of 43% over five years, including a 91% fall in the latest year. EBITDA fell 228% 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 Midgules Private 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 | -₹18,079 | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹1.11 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 Midgules Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -9.9% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -60.7% | •••• | •••• | •••• | •••• |
| 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 Midgules are in the company report.
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Financial statements from FY 2017
Earlier years and trend charts are in the company report.
- Income statements
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Board of Directors of Midgules Private Limited
Midgules has 3 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Amit Midgule Dnyaneshwar Also directs: Midgules Multi Services LLP | Director | 08 Feb 2017 | 9 Years 8 Months | Current |
| Rupali Amit Midgule Also directs: Midgules Multi Services LLP | Director | 08 Feb 2017 | 9 Years 8 Months | Current |
| Sarika Sanjay Bodake | Director | 16 Dec 2020 | 5 Years 10 Months | Current |
Peer Comparison of Midgules Private Limited
Midgules Private Limited is compared with the companies closest to it by revenue in the Chemicals industry (Aromatics). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Clean Aromatics Private Limited | ₹2.06 Lakh (FY 2025) | •••• | •••• | 50.0% | •••• | Sangamner, Maharashtra, India |
| Reliance Aromatics and Petrochemicals Limited | ₹2.03 Lakh (FY 2018) | •••• | •••• | 1.0% | •••• | Ahmedabad, Gujarat, India |
| Venkateshwara Aromatics Private Limited | ₹1.97 Lakh (FY 2025) | •••• | •••• | 74.0% | •••• | Pune, Maharashtra, India |
| Sunny Fragrance Private Limited | ₹1.97 Lakh (FY 2025) | •••• | •••• | 1215.0% | •••• | Kolkata, West Bengal, India |
| SKG Aromatics Private Limited | ₹1.84 Lakh (FY 2025) | •••• | •••• | -58.0% | •••• | Delhi, India |
| Midgules Private Limited this company | ₹1.82 Lakh (FY 2025) | •••• | •••• | -91.0% | •••• | Pune, Maharashtra, India |
| Shri Vinayak Aromatics Private Limited | ₹1.82 Lakh (FY 2025) | •••• | •••• | -20.0% | •••• | Delhi, India |
| Jewel of India Perfume Co Pvt Ltd | ₹1.8 Lakh (FY 2025) | •••• | •••• | •••• | Howrah, West Bengal, India | |
| Leo Aromatics Private Limited | ₹1.8 Lakh (FY 2025) | •••• | •••• | •••• | Coimbatore, Tamil Nadu, India | |
| A.M.Aromatics Private Limited | ₹1.76 Lakh (FY 2024) | •••• | •••• | -73.0% | •••• | 84 Poes Garden Madras, Tamil Nadu, India |
| Mohini Fragrances Private Limited | ₹1.62 Lakh (FY 2023) | •••• | •••• | -64.0% | •••• | Mumbai, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Midgules by revenue in the Chemicals industry (Aromatics), 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 Midgules Private Limited
Midgules Private Limited is audited by D P N P AND ASSOCIATES for the financial year 2018.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| D P N P AND 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 Midgules 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 Midgules Private Limited
Midgules Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Midgules Private Limited
Employment history and EPFO contributions of people linked to Midgules.
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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 Midgules Private Limited
Midgules Private Limited has 3 board changes on record since 2017: 3 appointments. The latest: Sarika Sanjay Bodake was appointed as Director on 16 Dec 2020.
AGM
Midgules Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Midgules Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Pune.
Appointed
Sarika Sanjay Bodake was appointed as Director.
Appointed
Amit Midgule Dnyaneshwar was appointed as Director.
Appointed
Rupali Amit Midgule was appointed as Director.
Incorporation
08 Feb 2017
Midgules Private Limited was registered on 08 Feb 2017 with Roc Pune & aged 9 years 8 months as per MCA records.
Credit Ratings, Litigation & Regulatory Alerts for Midgules 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 Midgules Private Limited
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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 Midgules 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 Midgules Private Limited
Midgules has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAKCM8007C1ZL | Maharashtra | Active | 01 Jul 2017 |
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MCA Filings & Documents of Midgules Private Limited
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Frequently Asked Questions about Midgules Private Limited
Midgules is an active private limited company based in Pune, Maharashtra, India. The company works in aromatics and benzene derivatives, within the chemicals and materials industry. It was incorporated on 08 February 2017 (9+ years old) and is registered under CIN U29300PN2017PTC168763.
Midgules reported revenue of ₹1.82 Lakh for FY 2025 (down 91% YoY).
Midgules has 3 current directors:
- Amit Midgule Dnyaneshwar - Director
- Rupali Amit Midgule - Director
- Sarika Sanjay Bodake - Director
Midgules reported a net loss of ₹1.11 Lakh (net margin -60.7%) and EBITDA of -₹18,079 (EBITDA margin -9.9%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Midgules is -60% over three years and -43% over five years. In the latest year (FY 2025) revenue fell 91%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Midgules is 27AAKCM8007C1ZL, registered in Maharashtra.
The CIN (Corporate Identification Number) of Midgules is U29300PN2017PTC168763. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Midgules was incorporated on 08 February 2017, making it 9+ years old. It is registered with the Registrar of Companies, Pune.
The peers of Midgules by revenue are Clean Aromatics Private Limited, Reliance Aromatics and Petrochemicals Limited, Venkateshwara Aromatics Private Limited, Sunny Fragrance Private Limited, SKG Aromatics Private Limited and 5 more, all in the Chemicals industry (Aromatics).
Sarika Sanjay Bodake was appointed as Director on 16 Dec 2020. Amit Midgule Dnyaneshwar was appointed as Director on 08 Feb 2017. Rupali Amit Midgule was appointed as Director on 08 Feb 2017.
Yes, Midgules is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-26-0170102).