
About Kamala Mills Limited
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Kamala Mills Limited is a public limited company based in Mumbai, Maharashtra, India. It operates in the real estate financing segment of the financial services sector. It was incorporated on 21 December 1934 and has been in existence for over 92 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U99999MH1934PLC103845. Its GSTIN is 27AAACK2441G1ZV (Maharashtra).
The company has an authorised share capital of ₹10 Cr and a paid-up capital of ₹2.68 Cr. It is led by directors including Sandip Anant Gardi and Siddhesh Sonu Mandave.
Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at Senapati Bapat Marg Lower Parel, Mumbai, Maharashtra, India – 400013.
As per the financials filed for FY 2020, the company reported a revenue of ₹25.51 Cr, a decline of 15% compared to the previous year. For the same year it recorded a net loss of ₹22.56 Lakh (net margin -0.9%) and EBITDA of ₹5.92 Cr (EBITDA margin 23.2%). Revenue has grown at a compounded annual rate (CAGR) of 14% over three years and 9% over five years.
As per MCA filings, the company has open charges of ₹177.13 Cr and satisfied charges of ₹131.74 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website kamala.co.in.
Company details
CIN history
Kamala Mills has one previous CIN (Corporate Identification Number): U99999MH1996PTC103845. The current CIN is U99999MH1934PLC103845, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U99999MH1934PLC103845 | Current |
| U99999MH1996PTC103845 | Previous |
Contact details
Kamala Mills Limited's registered office is in Mumbai, Maharashtra. Its website is kamala.co.in. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressSenapati Bapat Marg Lower Parel, Mumbai, Maharashtra, India – 400013
- IndustryFinancial Services, Real Estate Financing
To see the full contact details of Kamala Mills Limited, buy the company report.
- 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 Kamala Mills Limited
FY 2021 filings availableKamala Mills Limited reported revenue of ₹25.51 Cr (down 15% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue fell 15% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 9%. 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹25.51 Cr | ||||
| Cost of Materials Consumed | |||||
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| Total Expenses | |||||
| EBITDA | ₹5.92 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹22.56 Lakh | ||||
| Balance Sheet | |||||
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| Reserves and Surplus | |||||
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Financial Ratios
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 23.2% | ||||
| Net Profit Margin | -0.9% | ||||
| 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 Kamala Mills Limited, buy the company report.
Board of directors of Kamala Mills Limited
Kamala Mills has 3 current directors and 14 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sandip Anant Gardi Also directs: Klean Complex Facilities Premises LLP, Trade Premises (India) LLP, VS Agro Private Limited and 5 more | Director | 28 Aug 2021 | 5 Years 2 Months | Current |
| Siddhesh Sonu Mandave Also directs: Dehyde Foods Private Limited, Possitano Gemstones Private Limited, Dhanraj Estate Developers Private Limited and 5 more | Director | 28 Aug 2021 | 5 Years 2 Months | Current |
| Kondiba Ravji Hiwale Also directs: HPJ Real Estate LLP, Dehyde Foods Private Limited, Vanvas Clothing Private Limited and 5 more | Additional Director | 27 Mar 2025 | 1 Years 7 Months | Current |
Auditor
Kamala Mills Limited is audited by VINOD PATIL & ASSOCIATES for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| VINOD PATIL & ASSOCIATES | FY 2020 | 140538W |
Shareholding
The shareholding of Kamala Mills Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Kamala Mills Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 19 Jan 2018 | 100188444 | Others | ₹6.5 Cr | Open | |
| 20 Jul 2016 | 100051841 | Others | ₹45.63 Cr | Open | |
| 06 Oct 2015 | 10601172 | Others | ₹25 Cr | Open | |
| 26 Mar 2014 | 10495457 | Others | ₹100 Cr | Open | |
| 24 Apr 2015 | 10569755 | Hdfc Bank Limited | ₹1.14 Cr | Satisfied |
To see the full charge records of Kamala Mills Limited, buy the company report.
Total charge records: 8 View all charges
Legal cases
No court or tribunal cases involving Kamala Mills 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 Kamala Mills Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Kamala Mills has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACK2441G1ZV | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Kamala Mills Limited, buy the company report.
Recent activity
Kamala Mills Limited has 17 board changes on record since 2009: 3 appointments and 14 cessations. The latest: Kondiba Ravji Hiwale was appointed as Additional Director on 27 Mar 2025.
23 earlier events are in the company report.
Frequently asked questions
Kamala Mills is an active public limited company based in Mumbai, Maharashtra, India. The company works in real estate financing, within the financial services industry. It was incorporated on 21 December 1934 (92+ years old) and is registered under CIN U99999MH1934PLC103845.
Kamala Mills has 3 current directors:
- Sandip Anant Gardi - Director
- Siddhesh Sonu Mandave - Director
- Kondiba Ravji Hiwale - Additional Director
The latest financial statements of Kamala Mills on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 30 November 2021. Year-wise statements from 2015 are in the company report.
The GSTIN of Kamala Mills is 27AAACK2441G1ZV, registered in Maharashtra.
The CIN (Corporate Identification Number) of Kamala Mills is U99999MH1934PLC103845. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Kamala Mills was incorporated on 21 December 1934, making it 92+ years old. It is registered with the Registrar of Companies, Mumbai.
Kondiba Ravji Hiwale was appointed as Additional Director on 27 Mar 2025. Ganesh Balkrishna Sapte ceased to be Additional Director on 29 Sep 2023. Vinayak Ingale ceased to be Additional Director on 13 Jun 2023. Kamala Mills has 17 board changes on record in total.
Kamala Mills can be reached through the website kamala.co.in. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Kamala Mills is at Senapati Bapat Marg Lower Parel, Mumbai, Maharashtra, India – 400013.
Kamala Mills operates in the financial services industry, in the real estate financing segment.

