Canthus Refrigeration Private Limited
About Canthus Refrigeration Private Limited
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Canthus Refrigeration Private Limited is a private limited company based in Indore, Madhya Pradesh, India. It operates in the industrial machinery manufacturing segment of the machinery and industrial equipment sector. It was incorporated on 21 February 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Gwalior, under CIN U28191MP2019PTC047889. Its GSTIN is 23AAICC0341F1ZA (Madhya Pradesh).
The company has an authorised share capital of ₹52 Lakh and a paid-up capital of ₹52 Lakh. It is led by directors Mukunda Mahajan and Veena Mahajan.
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 166 R.N.T. Marg Dev Rishi Complex U. G. 2, Indore, Madhya Pradesh, India – 452001.
As per the financials filed for FY 2025, the company reported a revenue of ₹3.2 Cr, a growth of 21% compared to the previous year. For the same year it recorded a net profit of ₹2.03 Lakh (net margin 0.6%) and EBITDA of ₹30.98 Lakh (EBITDA margin 9.7%). Revenue has grown at a compounded annual rate (CAGR) of 58% over three years.
As per MCA filings, the company has open charges of ₹1.07 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered Address166 R.N.T. Marg Dev Rishi Complex U. G. 2, Indore, Madhya Pradesh, India – 452001
- IndustryMachinery and Equipment, Industrial Machinery Manufacturing
- 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 of Canthus Refrigeration Private Limited
The main business activity of Canthus Refrigeration is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment | 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 Canthus Refrigeration Private Limited FY 2025 filings available
Canthus Refrigeration Private Limited reported revenue of ₹3.2 Cr (up 21% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Canthus Refrigeration Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 58% over three years, including 21% 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 of Canthus Refrigeration 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 | ₹30.98 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹2.03 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 Canthus Refrigeration Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 9.7% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 0.6% | •••• | •••• | •••• | •••• |
| 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 Canthus Refrigeration are in the company report.
Financial statements from FY 2019
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 Canthus Refrigeration Private Limited
Canthus Refrigeration Private Limited is compared with the companies closest to it by revenue in the Machinery and Equipment industry (Industrial Products Manufacturers). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Nline Roto Private Limited | ₹3.21 Cr (FY 2024) | •••• | •••• | 125.0% | •••• | Ahmedabad, Gujarat, India |
| Mahadyuta Technical Solutions Private Limited | ₹3.21 Cr (FY 2025) | •••• | •••• | 79.0% | •••• | Panvel, Maharashtra, India |
| Ags Industries Engineering Private Limited | ₹3.2 Cr (FY 2024) | •••• | •••• | 11.0% | •••• | Chennai, Tamil Nadu, India |
| Frutiger India Private Limited | ₹3.2 Cr (FY 2024) | •••• | •••• | 44.0% | •••• | Nagpur, Maharashtra, India |
| Hien Powertech Private Limited | ₹3.2 Cr (FY 2025) | •••• | •••• | 17.0% | •••• | Betul, Chhattisgarh, India |
| Canthus Refrigeration Private Limited this company | ₹3.2 Cr (FY 2025) | •••• | •••• | 21.0% | •••• | Indore, Madhya Pradesh, India |
| Finesse Automations Private Limited | ₹3.2 Cr (FY 2025) | •••• | •••• | 265.0% | •••• | Pune, Maharashtra, India |
| Raj Hydroflex Private Limited | ₹3.2 Cr (FY 2024) | •••• | •••• | 4.0% | •••• | Pune, Maharashtra, India |
| Welkin Tech Source Private Limited | ₹3.19 Cr (FY 2025) | •••• | •••• | -23.0% | •••• | Mohali, Punjab, India |
| La -Gajjar Pumps Private Limited | ₹3.19 Cr (FY 2025) | •••• | •••• | 627.0% | •••• | Ahmedabad, Gujarat, India |
| Kappa Chemicals Private Limited | ₹3.19 Cr (FY 2025) | •••• | •••• | -44.0% | •••• | Pardi, Gujarat, India |
Peers are the five companies nearest above and the five nearest below Canthus Refrigeration by revenue in the Machinery and Equipment industry (Industrial Products Manufacturers), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Board of Directors of Canthus Refrigeration Private Limited
Canthus Refrigeration has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mukunda Mahajan | Director | 21 Feb 2019 | 7 Years 7 Months | Current |
| Veena Mahajan | Director | 21 Feb 2019 | 7 Years 7 Months | Current |
Ownership and Shareholding of Canthus Refrigeration 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 Canthus Refrigeration Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 18 Mar 2025 | State Bank of India | ₹7 Lakh | Open |
| 05 Feb 2021 | State Bank of India | ₹1 Cr | Open |
Total charge records: 2 View all charges
Employees and EPFO Compliance at Canthus Refrigeration Private Limited
Employment history and EPFO contributions of people linked to Canthus Refrigeration.
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.
CIN History of Canthus Refrigeration Private Limited
Canthus Refrigeration has one previous CIN (Corporate Identification Number): U52609MP2019PTC047889. The current CIN is U28191MP2019PTC047889, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U28191MP2019PTC047889 | Current |
| U52609MP2019PTC047889 | Previous |
Recent Activity on Canthus Refrigeration Private Limited
Canthus Refrigeration Private Limited has 2 board changes on record since 2019: 2 appointments. The latest: Mukunda Mahajan was appointed as Director on 21 Feb 2019.
Credit Ratings, Litigation & Regulatory Alerts for Canthus Refrigeration 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 Canthus Refrigeration 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 Canthus Refrigeration 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 Canthus Refrigeration Private Limited
Canthus Refrigeration has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 23AAICC0341F1ZA | Madhya Pradesh | Active | 01 Aug 2020 |
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 Canthus Refrigeration 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 Canthus Refrigeration Private Limited
Canthus Refrigeration is an active private limited company based in Indore, Madhya Pradesh, India. The company works in industrial machinery manufacturing, within the machinery and equipment industry. It was incorporated on 21 February 2019 (7+ years old) and is registered under CIN U28191MP2019PTC047889.
Canthus Refrigeration reported revenue of ₹3.2 Cr for FY 2025 (up 21% YoY).
Canthus Refrigeration has 2 current directors:
- Mukunda Mahajan - Director
- Veena Mahajan - Director
Canthus Refrigeration reported a net profit of ₹2.03 Lakh (net margin 0.6%) and EBITDA of ₹30.98 Lakh (EBITDA margin 9.7%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Canthus Refrigeration is 58% over three years. In the latest year (FY 2025) revenue rose 21%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Canthus Refrigeration is 23AAICC0341F1ZA, registered in Madhya Pradesh.
The CIN (Corporate Identification Number) of Canthus Refrigeration is U28191MP2019PTC047889. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Canthus Refrigeration was incorporated on 21 February 2019, making it 7+ years old. It is registered with the Registrar of Companies, Gwalior.
The peers of Canthus Refrigeration by revenue are Nline Roto Private Limited, Mahadyuta Technical Solutions Private Limited, Ags Industries Engineering Private Limited, Frutiger India Private Limited, Hien Powertech Private Limited and 5 more, all in the Machinery and Equipment industry (Industrial Products Manufacturers).
Mukunda Mahajan was appointed as Director on 21 Feb 2019. Veena Mahajan was appointed as Director on 21 Feb 2019.
The registered office of Canthus Refrigeration is at 166 R.N.T. Marg Dev Rishi Complex U. G. 2, Indore, Madhya Pradesh, India – 452001.