MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MP-23-0015341
Bhayaji Mercantile Private Limited - consumer goods in Indore, Madhya Pradesh, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹5.96 Cr
▼ 42% YoY
Net profit · FY 2025
₹7.87 Lakh
Net margin 1.3%
EBITDA · FY 2025
₹41.17 Lakh
EBITDA margin 6.9%
Authorised capital
₹25 Lakh
Registered with MCA
Paid-up capital
₹10.5 Lakh
Issued & subscribed
Open charges
₹1.4 Cr
Secured borrowings
Company age
16 yrs
Est. 2010
Employees · EPFO
16
Provident fund records
About Bhayaji Mercantile Private Limited
Data last updated:
Bhayaji Mercantile Private Limited is a private limited company based in Indore, Madhya Pradesh, India. It operates in the home furnishings manufacturing segment of the consumer goods sector. It was incorporated on 15 January 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Gwalior, under CIN U17121MP2010PTC022937. Its GSTIN is 23AADCB9799F1ZC (Madhya Pradesh).
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹10.5 Lakh. It is led by directors Apoorv Baweja and Ashok Baweja.
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 Indore, Madhya Pradesh.
As per the financials filed for FY 2025, the company reported a revenue of ₹5.96 Cr, a decline of 42% compared to the previous year. For the same year it recorded a net profit of ₹7.87 Lakh (net margin 1.3%) and EBITDA of ₹41.17 Lakh (EBITDA margin 6.9%). Revenue has declined at a compounded annual rate (CAGR) of 7% over three years and 4% over five years.
The company has about 16 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Bhayaji Mercantile. As per MCA filings, the company has open charges of ₹1.4 Cr on record.
Bhayaji Mercantile Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MP-23-0015341). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website bhayajimercantile.com.
Company details
CIN U17121MP2010PTC022937
Registration Number 022937
Incorporation Date 15 January 2010
ROC Gwalior
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-MP-23-0015341
Key People
Apoorv Baweja Director Ashok Baweja Director Recognitions & Rankings of Bhayaji Mercantile
Contact details
Bhayaji Mercantile Private Limited's registered office is in Indore, Madhya Pradesh. Its website is bhayajimercantile.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address29 Bardari Industrial Area Gaap Building Behind Aurobindo Hospital, (Saims), Indore, Madhya Pradesh, India – 452001
- IndustryConsumer Goods, Home Furnishings Manufacturing
To see the full contact details of Bhayaji Mercantile Private Limited, buy the company report.
Comprehensive company report
Bhayaji Mercantile 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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Brands
Bhayaji Mercantile operates one associated brand: Bhayaji Mercantile. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Textile manufacturing and trading services focused on bed linen and related products in India. | bhayajimercantile.com |
Business activity
The main business activity of Bhayaji Mercantile is manufacturing. In detail, this covers food, beverages and tobacco products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C1 | Food, beverages and tobacco products |
To see the full business activity and turnover split of Bhayaji Mercantile Private Limited, buy the company report.
Financials of Bhayaji Mercantile Private Limited
FY 2025 filings availableBhayaji Mercantile Private Limited reported revenue of ₹5.96 Cr (down 42% YoY) for FY 2025.
Revenue · FY 2025
₹5.96 Cr ▼ 42%
Net profit · FY 2025
₹7.87 Lakh margin 1.3%
EBITDA · FY 2025
₹41.17 Lakh margin 6.9%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 42%
3 years · compounded
▼ 7%
5 years · compounded
▼ 4%
EBITDA CAGR growth
1 year
▼ 23%
3 years · compounded
▼ 2%
5 years · compounded
▼ 2%
Revenue has declined at a compounded annual rate (CAGR) of 4% over five years, including a 42% fall in the latest year. EBITDA fell 23% 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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| Total Expenses | |||||
| EBITDA | ₹41.17 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹7.87 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
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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 | 6.9% | ||||
| Net Profit Margin | 1.3% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Receivable Days | |||||
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To see the full financial statements and ratios of Bhayaji Mercantile Private Limited, buy the company report.
Board of directors of Bhayaji Mercantile Private Limited
Bhayaji Mercantile 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 |
|---|---|---|---|---|
| Apoorv Baweja Also directs: Avan Luxuria Private Limited | Director | 03 Jul 2010 | 16 Years 4 Months | Current |
| Ashok Baweja | Director | 19 May 2023 | 3 Years 5 Months | Current |
Auditor
Bhayaji Mercantile Private Limited is audited by AESPJ3519F for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| AESPJ3519F | FY 2023 | 031388C |
Shareholding
The shareholding of Bhayaji Mercantile 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 Bhayaji Mercantile Private Limited, buy the company report.
Charges & borrowings
Open charges
₹1.4 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 11 Sep 2024 | 100979065 | Others | ₹15 Lakh | Open | |
| 21 Sep 2016 | 100085130 | Others | ₹1 Cr | Open | |
| 03 Dec 2013 | 10464568 | Hdfc Bank Limited | ₹25 Lakh | Open |
To see the full charge records of Bhayaji Mercantile Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
No court or tribunal cases involving Bhayaji Mercantile 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 Bhayaji Mercantile Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Bhayaji Mercantile Private Limited has a workforce of 16 employees on its EPFO records as of Apr 01, 2024, across 1 active EPFO establishment.
Employee count
16
Active EPFO establishments
1
Employee growth
-23.81%
GST
Bhayaji Mercantile has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 23AADCB9799F1ZC | Madhya Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Bhayaji Mercantile Private Limited, buy the company report.
Recent activity
Bhayaji Mercantile Private Limited has 5 board changes on record since 2010: 2 appointments and 3 cessations. The latest: Ashok Baweja was appointed as Director on 19 May 2023.
AGM
Bhayaji Mercantile Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Bhayaji Mercantile Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Gwalior.
Charges
A charge with Hdfc Bank Limited of Rs. 25.00 Lakh registered on 03 Dec 2013 with Charge ID 10464568 was modified on 04 Nov 2024.
Charges
A charge with Others amounted to Rs. 15.00 Lakh with Charge ID 100979065 was registered on 11 Sep 2024.
Appointed
Ashok Baweja was appointed as Director.
Ceased
Ashok Baweja ceased to be Director.
Charges
A charge with Others amounted to Rs. 100.00 Lakh with Charge ID 100085130 was registered on 21 Sep 2016.
Ceased
Hooner Baweja ceased to be Director.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 25.00 Lakh with Charge ID 10464568 was registered on 03 Dec 2013.
Appointed
Apoorv Baweja was appointed as Director.
Ceased
Pinky Baweja ceased to be Director.
Incorporation
15 Jan 2010
Bhayaji Mercantile Private Limited was registered on 15 Jan 2010 with Roc Gwalior & aged 16 years 9 months as per MCA records.
Frequently asked questions
Bhayaji Mercantile is an active private limited company based in Indore, Madhya Pradesh, India. The company works in home furnishings manufacturing, within the consumer goods industry. It was incorporated on 15 January 2010 (16+ years old) and is registered under CIN U17121MP2010PTC022937.
Bhayaji Mercantile has 2 current directors:
- Apoorv Baweja - Director
- Ashok Baweja - Director
The latest financial statements of Bhayaji Mercantile 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 GSTIN of Bhayaji Mercantile is 23AADCB9799F1ZC, registered in Madhya Pradesh.
The CIN (Corporate Identification Number) of Bhayaji Mercantile is U17121MP2010PTC022937. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Bhayaji Mercantile was incorporated on 15 January 2010, making it 16+ years old. It is registered with the Registrar of Companies, Gwalior.
Ashok Baweja was appointed as Director on 19 May 2023. Ashok Baweja ceased to be Director on 01 Nov 2018. Hooner Baweja ceased to be Director on 09 Oct 2015. Bhayaji Mercantile has 5 board changes on record in total.
Yes, Bhayaji Mercantile is registered as a micro enterprise under Udyam registration (number: UDYAM-MP-23-0015341).
Bhayaji Mercantile can be reached through the website bhayajimercantile.com. Its registered office is in Indore, Madhya Pradesh, India.
The registered office of Bhayaji Mercantile is at 29 Bardari Industrial Area Gaap Building Behind Aurobindo Hospital, Saims, Indore, Madhya Pradesh, India – 452001.
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