About Balaji Material Handling Solution Private Limited
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Balaji Material Handling Solution Private Limited is a private limited company based in Rajkot, Gujarat, India. It operates in the plastic-based products segment of the manufacturing sector. It was incorporated on 23 March 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U74999GJ2017PTC096449. Its GSTIN is 24AAHCB1485A1Z5 (Gujarat).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Yashpalsinh Kanaksinh Rana and Nimish Vinodray Kubavat.
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 R.K.Ind.Hub.Pl. No. – 10 Pj Rana Ind. Village:Ranpar Taluka – Rajkot, Gujarat, India – 360023.
As per the financials filed for FY 2025, the company reported a revenue of ₹4.39 Cr, a growth of 40% compared to the previous year. For the same year it recorded a net profit of ₹4.5 Lakh (net margin 1%) and EBITDA of ₹6.96 Lakh (EBITDA margin 1.6%). Revenue has grown at a compounded annual rate (CAGR) of 94% over three years and 46% over five years.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website balajimhs.com.
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- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressR.K.Ind.Hub.Pl. No. – 10 Pj Rana Ind. Village:Ranpar Taluka – Rajkot, Gujarat, India – 360023
- IndustryManufacturing, Plastic-Based Products
- 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
- One PDF report, delivered after checkout
Business Activity of Balaji Material Handling Solution Private Limited
The main business activity of Balaji Material Handling Solution is manufacturing. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C8 | Plastic products, non-metallic mineral products, rubber products, fabricated metal products | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Balaji Material Handling Solution Private Limited FY 2025 filings available
Balaji Material Handling Solution Private Limited reported revenue of ₹4.39 Cr (up 40% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Balaji Material Handling Solution Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 46% over five years, including 40% growth in the latest year. EBITDA rose 39% 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 Balaji Material Handling Solution 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 | ₹6.96 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹4.5 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 Balaji Material Handling Solution Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 1.6% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 1% | •••• | •••• | •••• | •••• |
| 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 Balaji Material Handling Solution are in the company report.
Financial statements from FY 2017
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Balaji Material Handling Solution Private Limited
Balaji Material Handling Solution Private Limited is compared with the companies closest to it by revenue in the Manufacturing industry (Plastic Based Products). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Challa Enterprises India Private Limited | ₹4.43 Cr (FY 2024) | •••• | •••• | 333.0% | •••• | Hyderabad, Telangana, India |
| Futuristic Industries Private Limited | ₹4.42 Cr (FY 2024) | •••• | •••• | -13.0% | •••• | Faridkot, Punjab, India |
| Technique Safety Devices Private Limited | ₹4.42 Cr (FY 2025) | •••• | •••• | -1.0% | •••• | Vasai, Maharashtra, India |
| Mak Polyplast Private Limited | ₹4.41 Cr (FY 2025) | •••• | •••• | -13.0% | •••• | Mumbai, Maharashtra, India |
| Add-X Biotech Private Limited | ₹4.4 Cr (FY 2025) | •••• | •••• | 183.0% | •••• | Gota, Ahmedabad, Gujarat, India |
| Balaji Material Handling Solution Private Limited this company | ₹4.39 Cr (FY 2025) | •••• | •••• | 40.0% | •••• | Rajkot, Gujarat, India |
| GSV Seals Private Limited | ₹4.39 Cr (FY 2024) | •••• | •••• | •••• | Delhi, India | |
| Varivar Coating Company Private Limited | ₹4.39 Cr (FY 2024) | •••• | •••• | -19.0% | •••• | Uttar Pradesh, India |
| Winplast Polymer Products Private Limited | ₹4.39 Cr (FY 2017) | •••• | •••• | 7699.0% | •••• | Talappilly, Kerala, India |
| J.G.Pet Product Private Limited | ₹4.39 Cr (FY 2017) | •••• | •••• | -49.0% | •••• | Annur, Tamil Nadu, India |
| Khatu Packaging Private Limited | ₹4.38 Cr (FY 2025) | •••• | •••• | 54.0% | •••• | Rohtak, Haryana, India |
Peers are the five companies nearest above and the five nearest below Balaji Material Handling Solution by revenue in the Manufacturing industry (Plastic Based Products), 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 Balaji Material Handling Solution Private Limited
Balaji Material Handling Solution Private Limited is audited by A R RATHOD & CO for the financial year 2021.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| A R RATHOD & CO | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Balaji Material Handling Solution Private Limited
Balaji Material Handling Solution has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Yashpalsinh Kanaksinh Rana | Director | 04 Jul 2022 | 4 Years 3 Months | Current |
| Nimish Vinodray Kubavat Also directs: JNB Steel LLP | Director | 23 Mar 2017 | 9 Years 6 Months | Current |
Ownership and Shareholding of Balaji Material Handling Solution Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Balaji Material Handling Solution Private Limited
Balaji Material Handling Solution Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Balaji Material Handling Solution Private Limited
Employment history and EPFO contributions of people linked to Balaji Material Handling Solution.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Balaji Material Handling Solution Private Limited
Balaji Material Handling Solution Private Limited has 3 board changes on record since 2017: 2 appointments and 1 cessation. The latest: Pruthvirajsinh Jilubha Rana ceased to be Director on 04 Jul 2022.
Credit Ratings, Litigation & Regulatory Alerts for Balaji Material Handling Solution Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Balaji Material Handling Solution Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Balaji Material Handling Solution Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Balaji Material Handling Solution Private Limited
Balaji Material Handling Solution has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAHCB1485A1Z5 | Gujarat | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Balaji Material Handling Solution Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Balaji Material Handling Solution Private Limited
Balaji Material Handling Solution is an active private limited company based in Rajkot, Gujarat, India. The company works in plastic-based products, within the manufacturing industry. It was incorporated on 23 March 2017 (9+ years old) and is registered under CIN U74999GJ2017PTC096449.
Balaji Material Handling Solution reported revenue of ₹4.39 Cr for FY 2025 (up 40% YoY).
Balaji Material Handling Solution has 2 current directors:
- Yashpalsinh Kanaksinh Rana - Director
- Nimish Vinodray Kubavat - Director
Balaji Material Handling Solution reported a net profit of ₹4.5 Lakh (net margin 1%) and EBITDA of ₹6.96 Lakh (EBITDA margin 1.6%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Balaji Material Handling Solution is 94% over three years and 46% over five years. In the latest year (FY 2025) revenue rose 40%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Balaji Material Handling Solution is 24AAHCB1485A1Z5, registered in Gujarat.
The CIN (Corporate Identification Number) of Balaji Material Handling Solution is U74999GJ2017PTC096449. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Balaji Material Handling Solution was incorporated on 23 March 2017, making it 9+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Balaji Material Handling Solution by revenue are Challa Enterprises India Private Limited, Futuristic Industries Private Limited, Technique Safety Devices Private Limited, Mak Polyplast Private Limited, Add-X Biotech Private Limited and 5 more, all in the Manufacturing industry (Plastic Based Products).
Pruthvirajsinh Jilubha Rana ceased to be Director on 04 Jul 2022. Yashpalsinh Kanaksinh Rana was appointed as Director on 04 Jul 2022. Nimish Vinodray Kubavat was appointed as Director on 23 Mar 2017.
Balaji Material Handling Solution can be reached through the website balajimhs.com. Its registered office is in Rajkot, Gujarat, India.