About Minova Minetek Private Limited
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Minova Minetek Private Limited is a private limited company based in Sangareddy, Telangana, India, a subsidiary of Minova International Ltd. It operates in the mining and mineral extraction segment of the metals and mining sector. It was incorporated on 18 February 2002 and has been in existence for over 24 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U29246TG2002PTC038526.
The company has an authorised share capital of ₹15 Cr and a paid-up capital of ₹5.05 Cr. It was formerly known as Fosroc Minetek Private Limited. It is led by directors including Debalina Mukherjee and Jonas David Saunders.
Its last annual general meeting (AGM) was held on 24 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Sangareddy, Telangana.
As per the financials filed for FY 2025, the company reported a revenue of ₹23.69 Cr, a growth of 40% compared to the previous year. For the same year it recorded a net profit of ₹19.24 Cr (net margin 81.2%) and EBITDA of ₹21.45 Cr (EBITDA margin 90.5%). Revenue has grown at a compounded annual rate (CAGR) of 198% over three years and 217% over five years.
Its group structure includes 1 subsidiary.
Court records list 1 case involving the company, including 1 filed by the company. The company has 8 deals on record (5 secondary share transfers, 3 funding rounds), with disclosed funding of ₹42.87 Cr; the latest was in January 2021. Its 4 peer companies in the Machinery and Equipment industry (Machinery and Equipment Retail and Distribution, Specialty Chemicals), with the same principal business activity (wholesale trading) are compared by revenue, 1 larger and 3 smaller; the largest is Jay Kumar & Co Sales Private Limited with revenue of ₹23.72 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website minovaglobal.com.
Company details
CIN history
Minova Minetek has one previous CIN (Corporate Identification Number): U29246AP2002PTC038526. The current CIN is U29246TG2002PTC038526, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U29246TG2002PTC038526 | Current |
| U29246AP2002PTC038526 | Previous |
Contact details
Minova Minetek Private Limited's registered office is in Sangareddy, Telangana. Its website is minovaglobal.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressPlot No. 57 Phase III Tsiic, Pashamylaram Patancheru Mandal, Sangareddy, Telangana, India – 502307
- IndustryMetals and Minerals, Mining & Mineral Extraction
To see the full contact details of Minova Minetek 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 Minova Minetek Private Limited
FY 2025 filings availableMinova Minetek Private Limited reported revenue of ₹23.69 Cr (up 40% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 217% over five years, including 40% growth in the latest year. EBITDA rose 36% 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 |
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| EBITDA | ₹21.45 Cr | ||||
| Profit Before Tax | |||||
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| Net Profit (PAT) | ₹19.24 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 90.5% | ||||
| Net Profit Margin | 81.2% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Minova Minetek Private Limited, buy the company report.
Board of directors of Minova Minetek Private Limited
Minova Minetek has 3 current directors and 16 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Debalina Mukherjee Also directs: Minova Minetek Private Limited | Director | 21 Feb 2022 | 4 Years 8 Months | Current |
| Jonas David Saunders Also directs: Minova Runaya Private Limited, Minova Minetek Private Limited | Director | 19 Jan 2023 | 3 Years 9 Months | Current |
| Arun Chetandas Godhwani Also directs: Minova Runaya Private Limited, Minova Minetek Private Limited | Director | 20 Dec 2024 | 1 Years 10 Months | Current |
Peer comparison
Minova Minetek Private Limited is compared with the 4 companies closest to it by revenue in the Machinery and Equipment industry (Machinery and Equipment Retail and Distribution, Specialty Chemicals), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Jay Kumar & Co Sales Private Limited | ₹23.72 Cr (FY 2025) | 0.0% | Mumbai, Maharashtra, India | |||
| Minova Minetek Private Limitedthis company | ₹23.69 Cr (FY 2025) | ₹19.24 Cr | 81.2% | 40.0% | Sangareddy, Telangana, India | |
| Yash Diesel Equipments Private Limited | ₹23.69 Cr (FY 2025) | -3.0% | Jalgaon, Maharashtra, India | |||
| Robatech India Private Limited | ₹23.66 Cr (FY 2025) | 10.0% | Thane, Maharashtra, India | |||
| Esp Engineered Components Private Limited | ₹23.66 Cr (FY 2024) | -5.0% | Chennai, Tamil Nadu, India |
To see the full peer comparison of Minova Minetek Private Limited, buy the company report.
Auditor
Minova Minetek Private Limited is audited by Biswal & Co for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Biswal & Co | FY 2024 | 332274E |
Shareholding
The shareholding of Minova Minetek Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Minova Minetek Private Limited, buy the company report.
Deals & funding
Minova Minetek Private Limited has 8 deals on record (5 secondary share transfers, 3 funding rounds), with disclosed funding of ₹42.87 Cr; the latest was in January 2021.
Deals on record (5 of 8)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jan 2021 | Funding round | ₹29 Cr | Investors: Minova International Limited |
| Nov 2019 | Funding round | ₹13.07 Cr | Investors: Minova International Limited |
| May 2014 | Secondary share transfer | Undisclosed | Buyer: Minova International Limited Seller: an individual |
| Apr 2014 | Secondary share transfer | Undisclosed | Buyer: Minova International Limited Seller: an individual |
| Mar 2011 | Secondary share transfer | Undisclosed | Buyer: Minova International Limited Seller: an individual |
To see the full deal history of Minova Minetek Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Minova Minetek Private Limited has 1 court case on record: 1 filed by Minova Minetek. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Rangareddy, Telangana | Civil suit | Filed by the company against Geo Constech Private Limited | Disposed |
To see the full case history of Minova Minetek 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 Minova Minetek Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Minova Minetek has 1 subsidiary company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Minova Runaya Private Ltd | U14290WB2019PTC230803 |
To see the full group structure of Minova Minetek Private Limited, buy the company report.
GST
No GST registration is on our record for Minova Minetek Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Minova Minetek Private Limited has 35 board changes on record since 2002: 19 appointments and 16 cessations. The latest: Arun Chetandas Godhwani was appointed as Director on 20 Dec 2024.
26 earlier events are in the company report.
Frequently asked questions
Minova Minetek is an active private limited company based in Sangareddy, Telangana, India. The company works in mining and mineral extraction, within the metals and minerals industry. It was incorporated on 18 February 2002 (24+ years old) and is registered under CIN U29246TG2002PTC038526.
Minova Minetek has 3 current directors:
- Debalina Mukherjee - Director
- Jonas David Saunders - Director
- Arun Chetandas Godhwani - Director
The latest financial statements of Minova Minetek on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 24 September 2025. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Minova Minetek is U29246TG2002PTC038526. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Minova Minetek has 1 court case on record: 1 filed by the company.
Minova Minetek was incorporated on 18 February 2002, making it 24+ years old. It is registered with the Registrar of Companies, Hyderabad.
Minova Minetek has 8 deals on record (5 secondary share transfers, 3 funding rounds), with disclosed funding of ₹42.87 Cr; the latest was in January 2021.
The peers of Minova Minetek by revenue are Jay Kumar & Co Sales Private Limited, Yash Diesel Equipments Private Limited, Robatech India Private Limited, Esp Engineered Components Private Limited, all in the Machinery and Equipment industry (Machinery and Equipment Retail and Distribution, Specialty Chemicals), with the same principal business activity (wholesale trading).
Arun Chetandas Godhwani was appointed as Director on 20 Dec 2024. Nidhi Jain ceased to be Director on 20 Dec 2024. Jonas David Saunders was appointed as Director on 19 Jan 2023. Minova Minetek has 35 board changes on record in total.
Minova Minetek can be reached through the website minovaglobal.com. Its registered office is in Sangareddy, Telangana, India.
The registered office of Minova Minetek is at Plot No. 57 Phase III Tsiic, Pashamylaram Patancheru Mandal, Sangareddy, Telangana, India – 502307.
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