Dhwani Mercantile Private Limited

Dhwani Mercantile Private Limited - agriculture in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
CIN U65990MH1993PTC070472 Incorporated 21 January 1993 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Private Limited Company agriculture MSME · Micro
Data last updated
Revenue · FY 2025
₹2.48 Cr
▲ 20% YoY
Net profit · FY 2025
₹14.26 Lakh
Net margin 5.8%
EBITDA · FY 2025
₹2.34 Cr
EBITDA margin 94.5%
Authorised capital
₹5 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹8.73 Cr
Satisfied ₹35.25 Cr
Company age
33 yrs
Est. 1993
Directors on board
4
As per MCA filings

About Dhwani Mercantile Private Limited

Data last updated:

Dhwani Mercantile Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the agricultural products distribution segment of the agriculture sector. It was incorporated on 21 January 1993 and has been in existence for over 33 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U65990MH1993PTC070472.

The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Dhwani Finance and Investment Pvt Ltd. It is led by directors including Kuntal Nikhil Mehta and Jaydeep Vinod Mehta.

Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Manu Mansion. 1st Floor. 16 S B S Marg Fort, Mumbai, Maharashtra, India – 400001.

As per the financials filed for FY 2025, the company reported a revenue of ₹2.48 Cr, a growth of 20% compared to the previous year. For the same year it recorded a net profit of ₹14.26 Lakh (net margin 5.8%) and EBITDA of ₹2.34 Cr (EBITDA margin 94.5%). Revenue has grown at a compounded annual rate (CAGR) of 26% over three years and 13% over five years.

As per MCA filings, the company has open charges of ₹8.73 Cr and satisfied charges of ₹35.25 Cr on record. Court records list 5 cases involving the company, including 4 filed by the company and 1 filed against it.

Dhwani Mercantile Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0057180). The current compliance status is marked as compliant by the Registrar of Companies.

Company details

CIN U65990MH1993PTC070472
Registration Number 070472
Incorporation Date 21 January 1993
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 29 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-MH-19-0057180
Key People
Kuntal Nikhil Mehta Director Jaydeep Vinod Mehta Director Nikhil Vinod Mehta Director

Recognitions & Rankings of Dhwani Mercantile

MSME (Udyam registered) Ministry of MSME
Category
Micro (2024-25)
Udyam number
UDYAM-MH-19-0057180

Contact details

Dhwani Mercantile Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address is in the company report.

  • Email
  • Registered Address
    Manu Mansion. 1st Floor. 16 S B S Marg Fort, Mumbai, Maharashtra, India – 400001
  • Industry
    Agriculture, Agro Retail & Distribution

To see the full contact details of Dhwani Mercantile Private Limited, buy the company report.

Comprehensive company report
Dhwani 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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Business activity

The main business activity of Dhwani Mercantile is financial and insurance activities. In detail, this covers financial service activities, except insurance and pension funding.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
KFinancial and insurance activities64Financial service activities, except insurance and pension funding

To see the full business activity and turnover split of Dhwani Mercantile Private Limited, buy the company report.

Financials of Dhwani Mercantile Private Limited

FY 2025 filings available

Dhwani Mercantile Private Limited reported revenue of ₹2.48 Cr (up 20% YoY) for FY 2025.

Revenue · FY 2025
₹2.48 Cr ▲ 20%
Net profit · FY 2025
₹14.26 Lakh margin 5.8%
EBITDA · FY 2025
₹2.34 Cr margin 94.5%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 20%
3 years · compounded
▲ 26%
5 years · compounded
▲ 13%
EBITDA CAGR growth
1 year
▲ 21%
3 years · compounded
▲ 28%
5 years · compounded
▲ 12%

Revenue has grown at a compounded annual rate (CAGR) of 13% over five years, including 20% growth in the latest year. EBITDA rose 21% 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 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₹2.34 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹14.26 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin94.5%
Net Profit Margin5.8%
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 Dhwani Mercantile Private Limited, buy the company report.

Board of directors of Dhwani Mercantile Private Limited

Dhwani Mercantile has 4 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Kuntal Nikhil MehtaDirector10 Mar 201511 Years 8 MonthsCurrent
Jaydeep Vinod Mehta
Also directs: Jayniraj Realtors LLP, Emerald Leisures Limited, Techno Global Security Private Limited and 5 more
Director10 Mar 201511 Years 8 MonthsCurrent
Nikhil Vinod Mehta
Also directs: Emerald Leisures Limited, New Famous Litho Works Private Limited, Techno Global Security Private Limited and 2 more
Director28 May 201412 Years 5 MonthsCurrent
Rajesh Motilal Loya
Also directs: Techno Grihanirman LLP, Jayniraj Realtors LLP, Emerald Leisures Limited and 4 more
Director18 Aug 200323 Years 2 MonthsCurrent
View all directors

Auditor

Dhwani Mercantile Private Limited is audited by M S MANDELCHA & CO for the financial year 2023.

Auditor firmFinancial yearFirm registration number
M S MANDELCHA & COFY 2023129037W

Shareholding

The shareholding of Dhwani 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 categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Dhwani Mercantile Private Limited, buy the company report.

Charges & borrowings

Open charges
₹8.73 Cr
Satisfied charges
₹35.25 Cr
Breakdown by lending institutions
Others₹8.73 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
29 Jun 2021100459829Others₹8.73 CrOpen
24 Nov 201110324310Axis Bank Limited₹34.5 CrSatisfied
17 Jan 200690348930Icici Bank Ltd.₹75 LakhSatisfied

To see the full charge records of Dhwani Mercantile Private Limited, buy the company report.

Total charge records: 3 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Dhwani Mercantile 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 Dhwani Mercantile Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.

Recent activity

Dhwani Mercantile Private Limited has 8 board changes on record since 2003: 4 appointments and 4 cessations. The latest: Jaydeep Vinod Mehta ceased to be Additional Director on 29 Sep 2015.

AGM
Dhwani Mercantile Private Limited last Annual general meeting of members was held on 29 Sep 2025 as per latest MCA records.
Filing
Dhwani Mercantile Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Charges
A charge with Others of Rs. 873.04 Lakh registered on 29 Jun 2021 with Charge ID 100459829 was modified on 02 Aug 2021.
Charges
A charge with Others amounted to Rs. 873.04 Lakh with Charge ID 100459829 was registered on 29 Jun 2021.
Charges
A charge registered on 24 Nov 2011 via Charge ID 10324310 with Axis Bank Limited was fully satisfied on 09 Nov 2018.
Charges
A charge with Axis Bank Limited of Rs. 3,450.00 Lakh registered on 24 Nov 2011 with Charge ID 10324310 was modified on 21 Oct 2016.
Ceased
Jaydeep Vinod Mehta ceased to be Additional Director.
Ceased
Kuntal Nikhil Mehta ceased to be Additional Director.
Appointed
Jaydeep Vinod Mehta was appointed as Director.
Appointed
Kuntal Nikhil Mehta was appointed as Director.
Ceased
Swapna Namdeo Satam ceased to be Director.
Appointed
Nikhil Vinod Mehta was appointed as Director.

6 earlier events are in the company report.

Frequently asked questions

Dhwani Mercantile is an active private limited company based in Mumbai, Maharashtra, India. The company works in agro retail and distribution, within the agriculture industry. It was incorporated on 21 January 1993 (33+ years old) and is registered under CIN U65990MH1993PTC070472.

Dhwani Mercantile has 4 current directors:

The latest financial statements of Dhwani Mercantile on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 29 September 2025. Year-wise statements from 2015 are in the company report.

The CIN (Corporate Identification Number) of Dhwani Mercantile is U65990MH1993PTC070472. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Dhwani Mercantile has 5 court cases on record: 4 filed by the company and 1 filed against it.

Dhwani Mercantile was incorporated on 21 January 1993, making it 33+ years old. It is registered with the Registrar of Companies, Mumbai.

Jaydeep Vinod Mehta ceased to be Additional Director on 29 Sep 2015. Kuntal Nikhil Mehta ceased to be Additional Director on 29 Sep 2015. Jaydeep Vinod Mehta was appointed as Director on 10 Mar 2015. Dhwani Mercantile has 8 board changes on record in total.

Yes, Dhwani Mercantile is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-19-0057180).

The registered office of Dhwani Mercantile is at Manu Mansion. 1st Floor. 16 S B S Marg Fort, Mumbai, Maharashtra, India – 400001.

Dhwani Mercantile operates in the agriculture industry, in the agro retail and distribution segment.