Gist Minerals Technologies Limited
About Gist Minerals Technologies Limited
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Gist Minerals Technologies Limited is a public limited company based in Udaipur, Rajasthan, India, a subsidiary of Pacific Industries Limited. It operates in the other mining and quarrying segment of the mining sector. It was incorporated on 07 November 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Jaipur, under CIN U14290RJ2016PLC094341. Its GSTIN is 08AAGCG5931K1ZB (Rajasthan).
The company has an authorised share capital of ₹20.5 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors including Nehal Mehta and Ankit Agarwal.
Its last annual general meeting (AGM) was held on 23 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Village Bedla, Udaipur, Rajasthan, India – 313001.
As per the financials filed for FY 2023, the company reported a revenue of ₹13.19 Cr, a growth of 101% compared to the previous year. For the same year it recorded a net profit of ₹1.77 Cr (net margin 13.4%) and EBITDA of -₹3.18 Cr (EBITDA margin -24.1%). Revenue has grown at a compounded annual rate (CAGR) of 11% over three years and 865% over five years.
Court records list 8 cases involving the company, including 6 filed by the company and 2 filed against it; 4 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
Gist Minerals Technologies has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U14290RJ2016PLC094341, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U14290RJ2016PLC094341 | Current |
| U14290KA2016PLC126434 | Previous |
| U14290MH2016PLC287436 | Previous |
Contact details
Gist Minerals Technologies Limited's registered office is in Udaipur, Rajasthan.
- Registered AddressVillage Bedla, Udaipur, Rajasthan, India – 313001
- IndustryMining, Other Mining & Quarrying
- 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 Gist Minerals Technologies Limited
FY 2025 filings availableGist Minerals Technologies Limited reported revenue of ₹13.19 Cr (up 101% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 865% over five years, including 101% growth 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹13.19 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹3.18 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.77 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -24.1% | ||||
| Net Profit Margin | 13.4% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of Gist Minerals Technologies Limited, buy the company report.
Board of directors of Gist Minerals Technologies Limited
Gist Minerals Technologies has 4 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nehal Mehta Also directs: Pacific Industries Limited, Reliant Drilling Private Limited | Director | 10 Feb 2024 | 2 Years 8 Months | Current |
| Ankit Agarwal Also directs: Gorbandh Kanha Properties LLP, Chaitanya International Minerals LLP, Marwal Agro LLP and 5 more | Director | 07 Nov 2016 | 9 Years 11 Months | Current |
| Sumeet Agarwal Also directs: Gaze Fashiontrade Limited, Pacific Iron Manufacturing Limited, Ankit Buildmart Private Limited and 5 more | Director | 04 Feb 2025 | 1 Years 8 Months | Current |
| Jagdish Prasad Agarwal Also directs: M.R. Agarwal Holding LLP, Pacific Industries Limited, Gaze Fashiontrade Limited and 5 more | Director | 07 Nov 2016 | 9 Years 11 Months | Current |
Legal cases
Gist Minerals Technologies Limited has 8 court cases on record: 6 filed by Gist Minerals Technologies, 2 filed against it. 4 cases are pending and 4 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 8 | 2 | 4 |
Cases on record (4 of 8)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Rajasthan | Court case (WMAP) | Filed against the company by Assistant Commissioner of Income Tax | Pending |
| High Court of Rajasthan | Interim or miscellaneous application | Filed by the company against Assistant Commissioner of Income Tax | Pending |
| High Court of Rajasthan | Writ petition | Filed by the company against Assistant Commissioner of Income Tax | Disposed |
| High Court of Rajasthan | Interim or miscellaneous application | Filed by the company against Assistant Commissioner of Income Tax | Disposed |
To see the full case history of Gist Minerals Technologies Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Gist Minerals Technologies Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Gist Minerals Technologies has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 08AAGCG5931K1ZB | Rajasthan | Active | 10 Dec 2018 |
To see the full GST registrations and return filing status of Gist Minerals Technologies Limited, buy the company report.
Recent activity
Gist Minerals Technologies Limited has 6 board changes on record since 2016: 4 appointments and 2 cessations. The latest: Shruti Agarwal ceased to be Director on 05 Feb 2025.
Frequently asked questions
Gist Minerals Technologies is an active public limited company based in Udaipur, Rajasthan, India. The company works in other mining and quarrying, within the mining industry. It was incorporated on 07 November 2016 (10+ years old) and is registered under CIN U14290RJ2016PLC094341.
Gist Minerals Technologies has 4 current directors:
- Nehal Mehta - Director
- Ankit Agarwal - Director
- Sumeet Agarwal - Director
- Jagdish Prasad Agarwal - Director
The latest financial statements of Gist Minerals Technologies on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 23 September 2025. Year-wise statements from FY 2017 are in the company report.
The GSTIN of Gist Minerals Technologies is 08AAGCG5931K1ZB, registered in Rajasthan.
The CIN (Corporate Identification Number) of Gist Minerals Technologies is U14290RJ2016PLC094341. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Gist Minerals Technologies has 8 court cases on record: 6 filed by the company and 2 filed against it. 4 are pending.
Gist Minerals Technologies was incorporated on 07 November 2016, making it 10+ years old. It is registered with the Registrar of Companies, Jaipur.
Shruti Agarwal ceased to be Director on 05 Feb 2025. Sumeet Agarwal was appointed as Director on 04 Feb 2025. Nehal Mehta was appointed as Director on 10 Feb 2024. Gist Minerals Technologies has 6 board changes on record in total.
The registered office of Gist Minerals Technologies is at Village Bedla, Udaipur, Rajasthan, India – 313001.
Gist Minerals Technologies operates in the mining industry, in the other mining and quarrying segment.