Pirth Mercantiles Private Limited
About Pirth Mercantiles Private Limited
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Pirth Mercantiles Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the wholesale trading and distribution segment of the trading and commerce sector. It was incorporated on 25 June 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U51109MH2009PTC193567.
The company has an authorised share capital of ₹20 Lakh and a paid-up capital of ₹9.5 Lakh. It is led by directors Anil Maheshbhai Panchal and Navin Jagdishprasad Joshi.
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 Mumbai, Maharashtra.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.76 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹84,766 (net margin -48.3%) and EBITDA of ₹1.05 Lakh (EBITDA margin 59.6%). Revenue has declined at a compounded annual rate (CAGR) of 89% over three years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Pirth Mercantiles Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressC1/1406 Janu Bhoye Nagar C – 1 Sra Chs Ltd Near Santaram Talav Off Western Express Hihwa, Y Malad(E, Mumbai, Maharashtra, India – 400097
- IndustryTrading, Wholesale, Other Wholesale
To see the full contact details of Pirth Mercantiles 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 Pirth Mercantiles Private Limited
FY 2025 filings availablePirth Mercantiles Private Limited reported revenue of ₹1.76 Lakh (up 1159% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 89% over three years. EBITDA rose 316% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹1.05 Lakh | ||||
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| Net Profit (PAT) | -₹84,766 | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 59.6% | ||||
| Net Profit Margin | -48.3% | ||||
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To see the full financial statements and ratios of Pirth Mercantiles Private Limited, buy the company report.
Board of directors of Pirth Mercantiles Private Limited
Pirth Mercantiles has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Anil Maheshbhai Panchal Also directs: Urbi Electronics Private Limited, Reckon Trading Private Limited | Director | 01 Apr 2020 | 6 Years 7 Months | Current |
| Navin Jagdishprasad Joshi | Additional Director | 31 Dec 2016 | 9 Years 10 Months | Current |
Shareholding
The shareholding of Pirth Mercantiles Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Pirth Mercantiles Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Pirth Mercantiles 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
No delayed payments to MSME suppliers are on our record for Pirth Mercantiles Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Pirth Mercantiles Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Pirth Mercantiles Private Limited has 5 board changes on record since 2010: 2 appointments and 3 cessations. The latest: Shankerlal Nopchand Pareek ceased to be Director on 01 Oct 2020.
Frequently asked questions
Pirth Mercantiles is an active private limited company based in Mumbai, Maharashtra, India. The company works in wholesale, within the trading industry. It was incorporated on 25 June 2009 (17+ years old) and is registered under CIN U51109MH2009PTC193567.
Pirth Mercantiles has 2 current directors:
- Anil Maheshbhai Panchal - Director
- Navin Jagdishprasad Joshi - Additional Director
The latest financial statements of Pirth Mercantiles 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 2015 are in the company report.
The CIN (Corporate Identification Number) of Pirth Mercantiles is U51109MH2009PTC193567. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Pirth Mercantiles was incorporated on 25 June 2009, making it 17+ years old. It is registered with the Registrar of Companies, Mumbai.
Shankerlal Nopchand Pareek ceased to be Director on 01 Oct 2020. Anil Maheshbhai Panchal was appointed as Director on 01 Apr 2020. Suresh Kumar Jain ceased to be Director on 01 Jan 2017. Pirth Mercantiles has 5 board changes on record in total.
The registered office of Pirth Mercantiles is at C11406 Janu Bhoye Nagar C – 1 Sra Chs Ltd Near Santaram Talav Off Western Express Hihwa, Y MaladE, Mumbai, Maharashtra, India – 400097.
Pirth Mercantiles operates in the trading industry, in the wholesale segment.
The compliance status of Pirth Mercantiles is compliant as of 10 August 2026. The company is actively filing with the Registrar of Companies.
Pirth Mercantiles can be reached at its registered office: C11406 Janu Bhoye Nagar C – 1 Sra Chs Ltd Near Santaram Talav Off Western Express Hihwa, Y MaladE, Mumbai, Maharashtra, India – 400097.
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