DPIIT recognised startup Government of India
Startup India
Mishthi Industries Private Limited
Mishthi Industries Private Limited - manufacturing in Gwalior, Madhya Pradesh, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹2.29 Cr
▼ 61% YoY
Net profit · FY 2025
₹1.25 Lakh
Net margin 0.5%
EBITDA · FY 2025
₹1.63 Lakh
EBITDA margin 0.7%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹10 Lakh
Issued & subscribed
Company age
6 yrs
Est. 2020
Directors on board
2
As per MCA filings
Last financials
Mar 2025
Balance sheet date
About Mishthi Industries Private Limited
Data last updated:
Mishthi Industries Private Limited is a private limited company based in Gwalior, Madhya Pradesh, India, recognised as a startup by DPIIT. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 09 June 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Gwalior, under CIN U17299MP2020PTC051456.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors Rahul Kushwah and Vedansh Garg.
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 Shop No. 2 Ground Floor Satish Bhawan Choudharykabada Dalbazar Mainroadlashkar, Gwalior, Madhya Pradesh, India – 474009.
As per the financials filed for FY 2025, the company reported a revenue of ₹2.29 Cr, a decline of 61% compared to the previous year. For the same year it recorded a net profit of ₹1.25 Lakh (net margin 0.5%) and EBITDA of ₹1.63 Lakh (EBITDA margin 0.7%). Revenue has declined at a compounded annual rate (CAGR) of 34% over three years.
Court records list 3 cases involving the company, including 3 filed by the company; 2 cases are pending.
Mishthi Industries Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MP-20-0000320).
Company details
CIN U17299MP2020PTC051456
Registration Number 051456
Incorporation Date 09 June 2020
ROC Gwalior
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
DPIIT Recognition Recognised Startup
MSME Classification Small
Udyam Registration UDYAM-MP-20-0000320
Key People
Rahul Kushwah Director Vedansh Garg Director Recognitions & Rankings of Mishthi Industries
MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-MP-20-0000320
Contact details
Mishthi Industries Private Limited's registered office is in Gwalior, Madhya Pradesh. Its e-mail address is in the company report.
- Email
- Registered AddressShop No. 2 Ground Floor Satish Bhawan Choudharykabada Dalbazar Mainroadlashkar, Gwalior, Madhya Pradesh, India – 474009
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Mishthi Industries Private Limited, buy the company report.
Comprehensive company report
Mishthi Industries Private Limited - one report that includes everything
- 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
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Business activity
The main business activity of Mishthi Industries is manufacturing. In detail, this covers textile, leather and other apparel products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products |
To see the full business activity and turnover split of Mishthi Industries Private Limited, buy the company report.
Financials of Mishthi Industries Private Limited
FY 2025 filings availableMishthi Industries Private Limited reported revenue of ₹2.29 Cr (down 61% YoY) for FY 2025.
Revenue · FY 2025
₹2.29 Cr ▼ 61%
Net profit · FY 2025
₹1.25 Lakh margin 0.5%
EBITDA · FY 2025
₹1.63 Lakh margin 0.7%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 61%
3 years · compounded
▼ 34%
EBITDA CAGR growth
1 year
▼ 54%
3 years · compounded
▼ 1%
Revenue has declined at a compounded annual rate (CAGR) of 34% over three years, including a 61% fall in the latest year. EBITDA fell 54% 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 | |||||
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| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹1.63 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.25 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 0.7% | ||||
| Net Profit Margin | 0.5% | ||||
| 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 Mishthi Industries Private Limited, buy the company report.
Board of directors of Mishthi Industries Private Limited
Mishthi Industries has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rahul Kushwah | Director | 22 May 2024 | 2 Years 5 Months | Current |
| Vedansh Garg | Director | 15 Jun 2023 | 3 Years 4 Months | Current |
Auditor
Mishthi Industries Private Limited is audited by SINGHAL NIKHIL & COMPANY for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SINGHAL NIKHIL & COMPANY | FY 2021 | 029644C |
Shareholding
The shareholding of Mishthi Industries Private Limited is on record for FY 2021, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2021 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Mishthi Industries Private Limited, buy the company report.
Legal cases
Mishthi Industries Private Limited has 3 court cases on record: 3 filed by Mishthi Industries. 2 cases are pending and 1 is disposed.
Total cases
3
Filed by the company
3
Pending
2
Disposed
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 3 | 0 | 2 |
Cases on record (2 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Madhya Pradesh | Writ petition | Filed by the company against The Union of India | Pending |
| High Court of Madhya Pradesh | Writ petition | Filed by the company against Union of India | Disposed |
To see the full case history of Mishthi Industries 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 Mishthi Industries Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Mishthi Industries Private Limited has 1 active EPFO establishment as of Mar 28, 2024.
Active EPFO establishments
1
GST
No GST registration is on our record for Mishthi Industries Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Mishthi Industries Private Limited has 8 board changes on record since 2020: 5 appointments and 3 cessations. The latest: Rahul Kushwah was appointed as Director on 22 May 2024.
AGM
Mishthi Industries Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Mishthi Industries Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Gwalior.
Appointed
Rahul Kushwah was appointed as Director.
Ceased
Surbhi Garg ceased to be Director.
Ceased
Priyanshu Garg ceased to be Director.
Appointed
Vedansh Garg was appointed as Director.
Ceased
Meenu Jain ceased to be Director.
Appointed
Meenu Jain was appointed as Director.
Appointed
Priyanshu Garg was appointed as Director.
Appointed
Surbhi Garg was appointed as Director.
Incorporation
09 Jun 2020
Mishthi Industries Private Limited was registered on 09 Jun 2020 with Roc Gwalior & aged 6 years 4 months as per MCA records.
Frequently asked questions
Mishthi Industries is an active private limited company based in Gwalior, Madhya Pradesh, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 09 June 2020 (6+ years old) and is registered under CIN U17299MP2020PTC051456.
Mishthi Industries has 2 current directors:
- Rahul Kushwah - Director
- Vedansh Garg - Director
The latest financial statements of Mishthi Industries 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 FY 2021 are in the company report.
The CIN (Corporate Identification Number) of Mishthi Industries is U17299MP2020PTC051456. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mishthi Industries has 3 court cases on record: 3 filed by the company. 2 are pending.
Mishthi Industries was incorporated on 09 June 2020, making it 6+ years old. It is registered with the Registrar of Companies, Gwalior.
Rahul Kushwah was appointed as Director on 22 May 2024. Surbhi Garg ceased to be Director on 20 May 2024. Priyanshu Garg ceased to be Director on 15 Jun 2023. Mishthi Industries has 8 board changes on record in total.
Yes, Mishthi Industries is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Mishthi Industries is registered as a small enterprise under Udyam registration (number: UDYAM-MP-20-0000320).
The registered office of Mishthi Industries is at Shop No. 2 Ground Floor Satish Bhawan Choudharykabada Dalbazar Mainroadlashkar, Gwalior, Madhya Pradesh, India – 474009.
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